Aiyoh...Berapa kali nak cakap....UMWOG bukan gorek dan jual minyak. Dia gorek saja. Minyak naik USD1,000 per barrel pun, kalau takda orang panggil dia gorek dia mana ada income dan untung
Interesting buy call. It oil price stablaised for the next 6 month, + demand for crude take up, you would expect more of the upstream players start rolling their current idle rigs.
Strange comment. If hoping that oil production DOWN to increase oil price to USD60, doesn't that also mean usage of rigs also down??So how to rent out all the Naga??
as what i know, production is cut down for the big supplier country like Saudi..but for small supplier country like Malaysia, we just start our engine from nearly zero production before as the price is up now..
Oil rigs to be contracted to Petronas b4 prices rise Contract per day now USD80,000-100,000 per day Later when crude oil rises it will be USD150,000-250,000 per day
That's mkt rates according to supply & demand, go check what the rates were when oil was USD100-120. Nobody said UMWOG only supplier & fixes the price. Read properly b4 tembak.
irregardless of increased of pricing on Brent & Crude most O&G stocks is still hibernating due to currency exchange factor.USD is appreciating against major basket of currency.
EPF will come in again when contract flows starts again in the oil n gas sectors. They now provide liquidity to insiders just when massive funds liquidated their holding of FGV, look at the price now when situations change.
doesn't matter epf sold or not. doesn't matter what price oil also. for the time being, UMWOG needs to 1)announce major oil rig contract win and 2) refinancing of loans due in the next 12 mths
TP is still secondary concern, the most deadly one is there's no prospect at the moment. Financial firm also give up coverage lately since no important progress
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....
JoshuaMS7
4,309 posts
Posted by JoshuaMS7 > 2016-10-07 15:24 | Report Abuse
all in but it can't fly, dissappointed