Today down because of the news by DJI saying oil wont last long around 80. So people start panic selling earn short term profit. Last time news also say wont last 70.. now look where we’re at.. as Iran sanction is looming, oil will keep going up . Even if they manage to pull off a deal, it still takes time till Dec, when Winter teally starts to kick in for demand, supply cant catch up, price stays high. Think about it
This Goldman Sachs is a real bullshit consultant. They're fast becoming a big joke in relation to O&G. For a global consulting firm, they're completely & embarrassingly out of touch with latest developments.
Only last week they were pouring cold water on potential US$100 oil, saying that 2018 average will remain around US$70. Now they're suddenly singing a different tune. So much for credibility.
Yes.... Oil is still very bullish.... REACH ENERGY oil is high grade, light sweet crude, low sulfur. Now Brent is at 84.80 pb, all time high since Nov 2014, Reach will surely make profit. Coupled with the approval for oil production in the North Kariman Wells, oil production will increased many folds.
Posted by TheContrarian > Oct 2, 2018 08:19 PM | Report Abuse
At one stage there were only six people on this forum. Then, suddenly we have dozens of newcomers and people who have gone missing for more than half a year also reappeared. All the excitement means only one thing.
Sellers shud start manning up & fighting back, and not simply be giving in meekly to the opportunistic buyers. Come on, with oil hovering around 85, Reach is surely worth much much more than 48.5 sen, man.
Posted by SuperPanda > Oct 3, 2018 06:43 AM | Report Abuse
some people dont believe my investment but i always declare my buying price when enter. all justified.
and all record can be seen in forum like vs-wa before 80% rise, dayang at 71c and kgb at 77c. also in armada 53c last wk.
those condemn me wont do the same. i have 200k share here and armada, some say im bullshitting. up to them. no harm to my investment.
come meet me at johor, im conducting stock market training for free to friends and relatives. i have 2 more seat left. ______________________________________________________________________
This baby is an absolute diamond, and you're holding only 20 big lots? And you're doing stock market training too? Well, I guess some folks are just meant to look a gift horse in the mouth.
thats free training is requested by my friends and relatives... hold in my own office, air conditioned and leather seating, sharing for the experience i hve in stock market for 10 years... it comes with free meals.
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....
pang72
51,513 posts
Posted by pang72 > 2018-10-02 23:49 | Report Abuse
please watch the panic buy tomorrow. Gap up 505....hihi