No shit. FujiFilm (subsidiary) has found a Cure for Corona. FujiFilm stock can no longer Buy bcos too many Orders. Tested in Shenzhen, China using Wuhan patient
Oil dropped 24% to a more than 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude, and as rising worries about a global recession lead to fears of longer-term demand destruction.
U.S. West Texas Intermediate crude fell 24.4%, or $6.58, to settle at $20.37 per barrel, its lowest level since Feb. 2002. At the low of the day, the contract hit $20.06. It was WTI’s third worst day on record.
International benchmark Brent crude shed 14.1%, or $4.07, to trade at $24.67, its lowest level since 2003.
Back to reality will this company bankruptcy? Can survive with oil price below 30 for few years? Got cash to sustain? Got investors willing to put more money if right issue? Economic crisis can right issue etc.. Must really think about it before infinity top up and average!!
Most counters see no end of forever dipping on daily basis. Bursa liquidity shrinking and more shrinking. Overall Bursa don't have turmoil market protection mechanism in place among its regulatory to be enforced with when the threshold points is breached.
Waste of time buying at queue buy, just go buy at queue sell, coz seems no one to dump at rock bottom anymore unless they are critically ill with covid-19 kikiki
I am waiting for Trump to Hit Saudi / Russian with Anti-Dumping penalty (then Buy ) I think it is coming in next few Days ( I don't think Trump will get $3 bil from Congress to Top Strategic Oil Reserve ) Democrat said Oil is polluting Industries
Quarantine is going to over and China almost zero new case reported... After oil price plunged to record lowest below USD $20 plus and KLSE hitting the record lowest of 1,200 plus points, now it’s the beginning of the bull run market in Asian stock markets especially KLSE !
President Putin rejects potential USA 'Intervention' in Russia vs Saudi oil war. It is worldwide known that Russia economy was long ago damaged by multiple USA sanction since the past decade at least, so ignoring the USA intervention whether from Trump or Senate's proposal, is no longer big deal. Putin calculated firm standing may inadvertently push both USA Saudi to agree on production cut new initiative to stabilise the oil price.
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....
mf
29,214 posts
Posted by mf > 2020-03-18 01:02 | Report Abuse
Sime Darby chairman tests positive for Covid-19
NATION
Tuesday, 17 Mar 20208:12 PM MYT