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Traders Kopitiam! V6
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holybo
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Dec 4 2014, 01:43 PM
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QUOTE(gark @ Dec 4 2014, 10:13 AM) Follow follow.. go to holland then you know... It's a bit risky for those who work in OnG AND invest in OnG.. if got any 'winter melon tofu'.. you lose on both ends..  for O&G, there is a big room for cost cutting.. as long as ppl still burning fossil fuel, O&G will still alright.. who want to use renewable fuel when fossil fuel is so cheap, especially asia
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holybo
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Dec 4 2014, 01:51 PM
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QUOTE(gark @ Dec 4 2014, 01:43 PM) Soooooooo.... you at risk kena chop or not?  im lucky enough i joined the department that always short of hands. saw many contract staffs (mostly regional staffs) cannot get the contract renewed. and i am too cheap to consider to cut. lol
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holybo
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Dec 4 2014, 02:05 PM
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QUOTE(gark @ Dec 4 2014, 01:52 PM) Lol.. guess that is good. First to chop is always the technical side.. too good pay liao..  erm.. i from technical side.. why my pay so low
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holybo
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Dec 4 2014, 02:17 PM
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QUOTE(gark @ Dec 4 2014, 02:10 PM) You office based technical or site based technical..? You wanna earn big bucks have to go to site based one ... preferably offshore or some remote country  I have friend working at OnG .. office based technical doing risk assessment job, pay is RM 30k per month. office based. that's why. really have to go offshore or middle east to earn big bucks.
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holybo
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Dec 10 2014, 01:09 PM
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QUOTE(gark @ Dec 10 2014, 12:37 PM) Others got buy? » Click to show Spoiler - click again to hide... « Kasi hint hint lor.. i got buy and i want to buy cheaper
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holybo
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Dec 10 2014, 01:18 PM
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QUOTE(gark @ Dec 10 2014, 01:11 PM) So confident with OnG ah? I though you say many contracts not renewed? Your boss got go haywire or not with the low oil price?  erm.. our OnG business is to build new platform, so only award, no renewal. with current > USD 60. it is not so bad yet. even 2009 dropped to USD 40. i believe this is short term hiccup, i predict oil price will stabilize at 80USD in 1-2 years. we will still see big OnG companies in coming 20-30 years. The energy consumption will move like this: Oil -> Gas (gas is also dirt cheap) -> Renewable
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holybo
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Dec 10 2014, 06:09 PM
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QUOTE(gark @ Dec 10 2014, 05:56 PM) why dont they write in when the price is 2.43 and state the PE is 8.88 then the target price is 8.88?  fatt fatt fatt
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holybo
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Dec 11 2014, 12:00 PM
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QUOTE(gark @ Dec 11 2014, 11:47 AM) Magasale ... where are you?  OnG is more resilient than i thought... even though oil drop all the way to $60, all the weak sellers bailed out already?  i was expecting another megasale.. seems like oil price need to break USD60 before another panic sell coming in oil price do not only affect OnG counters http://www.bloomberg.com/news/2014-12-08/t...es-stalled.html
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holybo
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Dec 11 2014, 01:11 PM
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QUOTE(gark @ Dec 11 2014, 12:08 PM) REAl panic will come when oil reach the $40's range. Many oil companies will close shop, the survivors will win it all..  capex ady spent. the oil production must go on to recover their investment. i think those O&G new comers will suffer the most when it reach $40
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holybo
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Dec 12 2014, 08:28 AM
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12-12-2014 the megasale for OnG counters?
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holybo
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Dec 12 2014, 08:47 AM
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QUOTE(Boon3 @ Dec 12 2014, 08:39 AM)  Why so happy?  im still in more than 80% cash holding. i invested small amount in skpetrol (less than 3%) to force me study further. i lazy to study if im not invested  of course i will not rush to buy. waiting to super mega sale
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holybo
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Dec 12 2014, 11:33 AM
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QUOTE(Boon3 @ Dec 12 2014, 09:00 AM) Don't rush to buy laaaaaaaaaaaaaaaaaaa....... Don't waste money chasing the stock down.... Be cool... Be patient........ Let others get the cheapest laaaa........ you buy 10% higher .... also make VERY good money one.......  kindly share with us when u trigger your gun
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holybo
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Dec 12 2014, 11:47 AM
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QUOTE(plumberly @ Dec 12 2014, 11:43 AM) Still cannot understand why EPF is so eager to have a vote in the CIMB-MSBS-RHB merger, facing some resistance from KLSE. Is EPF against the merger or is this one smart way of getting the rule in their favour for future use? CIMB is under Ah Jib's brother and I assume what the 2 brothers do will be in mutual agreement. Why then is EPF so eager to have a say in this merger, as if it is going to oppose it? Or is EPF having a different vision than Ah Jib and brother? Maybe I am seeing this from the wrong peek hole? Thanks. imo, they afraid Aabar vote no as now they are the major voice now. Aabar is looking for higher value
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holybo
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Dec 12 2014, 11:55 AM
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QUOTE(gark @ Dec 12 2014, 11:50 AM) Less and less actually.. renewable energy are slowly taking over our carbon addiction, but currently not too widespread as the cost per unit energy is not competitive yet. But in 20 years or so, I expect them to supply >50% of energy consumed vs <10% now.  we need to have a leap in renewable technology. many of them having cost issues. actually it is better for the world to focus on energy efficiency first. current efficiency is still average..
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holybo
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Dec 12 2014, 10:43 PM
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realised gain about 12-15%, unrealise still got a bit profit.. if skpetrol still down then will be in unrealise loss for portfolio
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holybo
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Dec 15 2014, 04:21 PM
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pchem also started to looks nice.. downstream process, the main thing to consider is demand, not affected so much by crude oil price.
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holybo
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Dec 15 2014, 04:55 PM
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@gark why skpetrol no down below 2? I want more panic sell leh
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holybo
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Dec 15 2014, 05:02 PM
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QUOTE(gark @ Dec 15 2014, 05:01 PM) WTI Oil went up.. I also pancing at 2.0X .. cannot get.  i want to pancing below 2 leh.. 1 more panic sell sure break below 2
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holybo
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Dec 15 2014, 05:05 PM
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QUOTE(felixmask @ Dec 15 2014, 05:03 PM) gark put his MONEY to buy above rm2. U better ask him put below RM2.00 togather to push down..in demand. when rm2.00 no demand...someone will sell below rm2.00 will been takeup by us. i think if uncle gark panic sell, sure 1 shot break RM2 support
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holybo
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Dec 15 2014, 05:09 PM
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QUOTE(gark @ Dec 15 2014, 05:06 PM) Today I monitor skpet... there are hella lot more buyers queuing than sellers queing.. no so good for pancing activities. Maybe its mostly institution that buy/sell, who dont bother to queue one, straight whack from market. Seems like all the ikan bilis became ikan kering/salted already.  I noticed plantation finally move their ass ady. you can use your expertise ady
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