Hmmmm...

More bargains..

That is not surprising, at least it is better than small-medium shale oil producers, who might have to stop E&P completely due to low price of oil.

This post has been edited by gark: Nov 29 2014, 10:22 AM

Yup, open any brokerage in Malaysia, ask for cross border trading.

Malaysia 1 lot = 100 shares

Hmm Skpet drop another 20 sen lmao...

Hantam more...

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

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..

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

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

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

Example of rising stock?

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.

Ceh... that one.. people running to 'safety' stock only...

Buy more!



This post has been edited by gark: Dec 1 2014, 11:13 AM

11 lots nia.. you want atrract seller, hantam big lots lar, 1000 lots sure got seller panic sell to you ..

Wah market .. full blown panic liao.. even REITs also selldown..

Why? You no believe the company already.. oil affect the medicine ah?

I suggest SGD..