Long term counter, if got the patience, hold it for about 1 year+, or as global ONG rebound back to a much more higher and stable price, it will let you earn for sure.
Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80 By Michael Snyder of The Economic Collapse Monday, February 16, 2015 6:02 AM EDT This is just the beginning of the oil crisis. Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks are warning that we could soon see U.S. oil hit the $20 mark. The reason for this is that the production of oil globally is still way above the current level of demand. Things have gotten so bad that millions of barrels of oil are being stored at sea as companies wait for the price of oil to go back up. But the price is not going to go back up any time soon.
Yellen in SF, oil trade gets messy & biotechs hit a bump: What to watch The sudden bump higher in crude-oil prices (CLK15.NYM) in response to air strikes in Yemen and generally growing strike in the Middle East gave only the mildest lift yesterday to energy stocks. This is partly because the sector had outperformed nicely the day before in a weak tape. But it also suggests that stock investors surveying this sector refuse to extrapolate a geopolitically driven price hike as a real recovery trend for oil. The Market Vectors Oil Services ETF (OIH) is just about the rawest nerve in the stock market when it comes to responding to signals about crude oil prospects. It has lost a third of its value over six months, but zooming in more recently it has stabilized. The oil-services trade remains a messy one. Everyone well knows the abundance of oil hunting for storage, the soft demand picture in the emerging world, the fragile finances of many leveraged North American producers, the steady stream of secondary stock offerings from cash-strapped energy companies and the headwind of a stronger dollar. And yet the stocks are trying to find their footing. They’ve incorrectly front-run a sustainable recovery in crude prices before in recent months. At some point they’ll probably get it right.
A remisier said this Sohai will become zero value upon nxt year , if Sohai not qualify an even Cigu asset. Any body pls advise....tq . My friend has 4000 lot on it acquired at $0.28 , scary man.
How can this kind of Confused structural game allow by Bursa.. really hungry for the brokerage commission w/out carung to the retailer benefits ? I rather play Future than this kind of stupid game. My friend juz buy it bcoz trusted the Sona nane. Haihyah , Pkfz , 1Mdb , many more con game in this Bolehland 1 malaysia. Think and cautious ,don't be theur Sheep.
Remarks : The maturity date of the Warrants is as follows:
(a) 29 July 2018, being five (5) years from thegentleman ? Appreciate very much.listing if the qualifying acquisition of Sona Petroleum Berhad (formerly known as Titanium Windfall Sdn Bhd) (“Sona Petroleum”) is completed within 36 months after the date of listing, or
(b) 29 July 2016, being three (3) years from the date of listing if the qualifying acquisition of Sona Petroleum is not completed within 36 months after the date of listing.
Each Warrant shall entitle the holder to subscribe for one (1) new ordinary share of RM0.01 each in Sona Petroleum at the exercise price of RM0.35 per Warrant, at any time during the period commencing from and inclusive of the date of completion of the qualifying acquisition up to and including the maturity date. AM I MISSING SOME IMPORTANT PART HERE OR THE REMISIER HAS GOT MY FRIEND THE VITALLY WRONG INFO ? PLS advise gentlem
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....
ssboy
1,318 posts
Posted by ssboy > 2015-01-23 12:58 | Report Abuse
buy buy buy................