PIRA Energy Group, a closely watched forecaster that predicted the slump in oil prices a year ago, said on Thursday it expects crude prices to rise to $70 per barrel by the end of 2016 and $75 a barrel in 2017.
Name Date of Disposal No. of Shares disposed Price (RM) % of Issued Shares Disposed Dr. Jamal Bin Yusof @ Gordon Duclos 8-Oct-15 1,000,000 0.37372 0.08% Dr. Jamal Bin Yusof @ Gordon Duclos 7-Oct-15 1,170,000 0.3656 0.10% Dr. Jamal Bin Yusof @ Gordon Duclos 7-Oct-15 1,000,000 0.38155 0.08% Dr. Jamal Bin Yusof @ Gordon Duclos 6-Oct-15 508,000 0.345 0.04%
Next week, pump and dump again. That's why value cap not buying.
Oil up again. Read today NST today PETRONAS cut capex but Icon still won 2 contracts meaning not bad after all. Dr Jamal is the cause of all Icon problem so he run is better for Ekuinas. After all he no more Icon CEO. http://www.bloomberg.com/energy
Oil up Ms Quah are you still holding? Please help to promote when I am not around. Lady are stronger than guy. Yesterday shifting address announcement can further reduce Icon rental expenses. 13 million cash received can reduce Icon borrowing. http://www.bloomberg.com/energy
Venezuelan Oil Minister Eulogio del Pino said on Tuesday that eight non-OPEC countries have been invited to an Oct. 21 oil meeting: Azerbaijan, Brazil, Colombia, Kazakhstan, Norway, Mexico, Oman and Russia. The technical meeting of oil experts from the Organization of Petroleum Exporting Countries and non-OPEC countries will be held in Vienna, he told Reuters.
LETTER OF AWARD FROM EXXONMOBIL EXPLORATION & PRODUCTION MALAYSIA INC. TO ICONOFFSHORE GROUP SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD,FOR THE PROVISION OF TWO (2) ANCHOR HANDLING TUG/SUPPLY VESSELSYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
Weak oil prices deplete Russia’s sovereign-wealth fund
Russia, US & Saudi in big financial problem now. How long they can survive with such low oil price. Sooner or later they need to push the price up again.
Since new MD from Petronas will join Icon soon, in future Icon can expect to win more Petronas O&G contracts. That's why I said advantage of Icon being a government linked company(GLC) because ultimately govn will take care of it.
Problematic Dr Jamal and his brother will go so cost saving for Icon. Perhaps when new MD join this company this company no more call Icon so fear of company name no more.
When oil price is low like now any reduction in manpowers is most welcome. Icon save even more money when two high salary staffs not in their payroll starting 15th Nov.
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....
SHQuah
5,363 posts
Posted by SHQuah > 2015-10-09 10:44 | Report Abuse
http://www.cnbc.com/2015/10/08/crude-oil-futures-rise-after-bullish-forecast-fed-minutes.html