Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
Hahaha...Oledy told many times about this company unable to perform all depends on Petronas,Now U see it!!!TP 0.30!!!! Whether you like it or not...hopeless means hopeless,Nothing we can.said!!!TP0.30!
Earnings growth over the past year exceeds its 5-year average with debt to equity ratio has reduced from 51% to 23% over the past 5 years. Debt is well covered by operating cash flow meaning its working capital is very well managed by management. Dividend payments have increased over the past 10 years tentu disukai investor.
but what we concern is the history of low revenue (end of 2016 til end of 2018) for every fabrication company will repeat again.Yes div is pretty good for the past 10 year,but how fast the price can recover from this crisis? nobody know?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2020-02-26 22:09 | Report Abuse
no placement to uncle koon that's why he no wanna buy....hehe