You is ........................ same.

Scared chicken run from you.

So you fast hand fast leg buy.

What to do.. leg in water already...

So must continue and trust my valuation... which shows it is undervalue.

Skpet matched 2.55 .. haha this time i buy UP..

This post has been edited by gark: Dec 1 2014, 10:10 AM

Does your valuation of SKPETRO still hold if oil price falls to USD50?

no other sectors to look see meh?



*airasia and aax flying.... LOL!
Biggest joke of the year.... esp when Airasia had already made a substantial hedge on jet fuel before end Sep 2014 (which means all those swaps bought earlier all losing big money! - yeah, some would argue no lose cos for own consumption. )

Ya.. i checked the airlines stocks on friday.. deem they are more trouble than they are worth.. The oil and fuel swaps will take a 6 months or so to clear out.

Even with OnG coming down, MYR will continue to slide .. makes flaying cost more or less even..

How about electronics/tech sector?

Yes.. I see oil price will bottom out around that figure of $50-$60. As long as oil rises back to $80 within a year, Skpet should be able to ride it out as they have 2 years worth of firm contract in hand. If the contracts are cancelled, then they will recieve substantial penalty payments.

Their oil production cost is also around $40, making them still profitable but less..

The US shale cot is about $60, which they will stop pumping if the cost goes below that...

This post has been edited by gark: Dec 1 2014, 10:21 AM

Still holding Inari... but now seems like general panic.. even USD export companies like Homer is still being hantammed..

This post has been edited by gark: Dec 1 2014, 10:22 AM

Eh, KLCI below 1,800 already

Unker! What u think of timber/log industry? Specifically Taib Kingdom

This post has been edited by Pink Spider: Dec 1 2014, 10:27 AM

Most timber/log industry dabble in CPO.. have you looked at the prices lately?

Masuk longkang

Apparently that one sensitive stock...

Recent reported quarter not as good...
but the one big factor was the USD was fairly low during that reporting quarter...
and now the USD has recovered fairly high since then.....



In a falling market ... sometimes... logic goes out.

Inari?
I am out...
so no more comments on it...

what sensitive stock ah?

look at the cashflow not the earnings..

Ah boon ada apa tipsy?

This post has been edited by gark: Dec 1 2014, 10:31 AM

There is a nice write up on the future of oil and gas vs alternative energy.. also the folley of thinking the US shale oil as miracle oil. This article was written in August, before the whole oil price crash. I have always enjoyed writing by this author... and look for it every 3 months. The article is titled "The Beginning of the End of the Fossil Fuel Revolution (From Golden Goose to Cooked Goose)" page 12-21

3rd Q Letter

This post has been edited by gark: Dec 1 2014, 10:37 AM

Tipsy?

Chase rising stocks.
DO not chase falling stocks.

Example of rising stock?

PetDag now rm15.60...have you put your net at rm12 ?? mine guess

This post has been edited by felixmask: Dec 1 2014, 10:55 AM

I have looked through the fundamentals for pet dag.. most expect revenue increase for the next 2 years are mostly 1%-2% per annum... ie. tepid or almost no growth.

This one have more serious issue than just falling oil prices...the growth has run out , so I am no longer interested.

.....market now so red.....................