big oil n gas company like halli and baker oso considering to merge after the cheap oil to sustain the impact. what u think this company which cling on local market.
seriously i feel that speculators and contra players (short term players) occupy the shares market..this is a good counter dropped like hell despite they have strong financials results and promising pipelines in the book. but i thank you them for pressuring down the price =) if not, i wont able to buy at such low price..waiting to reap huge profit in Dec'14 when the ending results released !!
what to do, those smart guys big player....in/out 100k..100k lots...we small fish just listen and ack nia. up/down 100k, 200k profit we can only dream lol....
Petronas which is set to re-evaluate its RM 300 billion capex programme will have major spillover effects for the oil & gas industry.
The biggest threat to the LOCAL oil & gas industries will be the Malaysian government..... yes, the Malaysian government.
Recall that Petronas had applied to limit its dividend to the Malaysian government at 30% of its profit, but, was rejected.
Double whammy is............ with a lower income in years to come due to low oil prices, yet, the Malaysian government will ask for more because Malaysia's most recent economy growth rate was below 6% and future is challenging.
Soon, the RM 300 billion capex programme will be reduced to RM 100 billions and brings major negative spillover effects for the local oil & gas industry.
The biggest threat to the local oil & gas industries will be the Malaysian government..... yes, the Malaysian government.
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....
chiew
105 posts
Posted by chiew > 2014-11-18 10:27 | Report Abuse
ini semua bukan kaki stock...................semua kaki rugi....