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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
Posted by jaafar daud > 2014-11-16 11:15 | Report Abuse
Malaysian government has been subsidising retail price of petrol for a long time. The recent decline in crude oil may turn the scenerio. According to the star dated 15 nov 2014, the current retail price of RM2.30/liter is equivalent to crude oil price of USD85./barrel. Yesterday the price of crude fell to USD 78/barrel. This price is substantially below USD85. By right, the retail price should be less than RM2/liter. Keeping the present retail price means we are now subsidising the government. Is that what the government want?