"Oil prices fell on Tuesday after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand and as Saudi Arabia could restore oil output faster than anticipated following attacks last week."
"Brent crude futures dropped 1.7% to $63.73 a barrel by 1106 GMT, while U.S. West Texas Intermediate futures were at $57.76, down 1.6% cents."
Sounds logical. Can you put that logic into explaining the inari and it's major shareholder Insas and the relationship on share price? By your logic something is leaking in INSAS and Inari?
>>>>>>>>
i_investor Truth is always truth, see it now. When box is filled with valueable, the box must not be called empty box since it is filled up.
Scomies Ceo has 1.8 millions scomies shares bought at 10.5 sen about 6 months ago
Hmmm?
OK I will queue at 10.5 sen and buy more scomies share to match Ceo at 1.8 million shares as well
Last time my Johor Sifu told us to buy Ptaras Jaya shares at rm1. 40 Because he saw directors buying Ptaras Jaya shares at rm1. 40
And he was correct Ptaras later shot up to rm7. 00 and split (up 500%)
So if scomies Ceo can use his own pocket money to buy Scomies shares at 10.5 sen 6 months ago... To buy now with brightening prospects is very fortunate indeed
yes calvin.. scomies is a fundamentally strong company... but price fluctuates depend on various factors... technical analysis also influence the behaviour becoz many believe in it ...qr report for sept still long to go ... those who bought on margin t4 has to let go 1st... then we have to wait for another rebound.. which we would not know when
"Oil prices fell for a second day on worries that fuel demand could fall after U.S. President Donald Trump doused recent optimism over China-U.S. trade talks, at a time of rising U.S. crude oil stockpiles."
"Brent crude futures were down $1.72 to $61.38 a barrel on Wednesday, erasing all gains made after an attack on Saudi oil facilities sent the benchmark up around 20% last week."
"U.S. West Texas Intermediate crude dropped to $55.71 a barrel, down $1.58."
Already got Rm610 millions Drilling fluid supply to Kuwait oil Corp
Saudi oil fields after kena bombed has turned to Kuwait for needed oil supply as Oil tankers already contracted to curry supply are waiting at dockyards
Once Saudi Aramco discovers the unique quality of Scomies biodegradable drilling fluid and appoint Scomies as it's main supplier for drilling fluid....the Scomies might go limit up!
Petronas already saw the potential of Scomies drilling fluid expertise and signed 2 jv contracts with Scomies through petchem
CEO of scomies also so bullish and he bought 1.8 million scomies shares at 10.5 sen with his own personal money
So if you fearful then sell other shares and hide in the safety of scomies
https://www.investopedia.com › Business › Business Leaders › CEOs Aug 18, 2019 - A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate ...
1. A CHIEF EXECUTIVE OFFICER IS THE HIGHEST RANKING EXECUTIVE IN A COMPANY
As such he knows his company inside out. He controls spending and limit Directors meeting per sesssion only Rm1k
For Directors travelling from Outstation to attend HQ Meetings only Rm500 allowance is given
I LIKE CEO FRUGAL MENTALITY
HE SAVES LOTS OF MONIES FOR SHAREHOLDERS
SINCE HE HAS VESTED INTEREST IN COMPANY WELL BEING.
For melewar mostly obsolete steel just like hubline all rusty ships. Alam maritin listed no real estate but equipment in and under the sea. After so many years in sea water how?
Scomies drilling fluid tank farm on dry land.
For netx it's nta is in Cash of rm34 millions and invested shares of mlab plus Internet related assets
aisay...........listen n think again,this SG sifu just almost identical like my sifu R.K.Buttered thinking,both not fron mars but speak like marcian :))
When Calvin give u all tip,please go and do ur homework.Its it right time.Its it on the overbought and oversold in monthly and weekly?Some Calvin give need few years of patient.
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....
Will76
591 posts
Posted by Will76 > 2019-09-24 23:38 | Report Abuse
Breaking News from CNBC
"Oil prices fell on Tuesday after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand and as Saudi Arabia could restore oil output faster than anticipated following attacks last week."
"Brent crude futures dropped 1.7% to $63.73 a barrel by 1106 GMT, while U.S. West Texas Intermediate futures were at $57.76, down 1.6% cents."