Can anyone tell me how is the oil price from few weeks ago until now ? I always heard it has increase and then after that it has decrease...Who can tell me how is the actual movement oil price of increase/decrease ?

The price of oil on the international markets is determined by a combination of forces. There are the so-called fundamental factors of supply and demand which are expected to keep prices high in the longer term. On the demand side there is the rising need for oil from the ever-expanding economies of India and China, which need more fuel oil to run their factories and more petrol for a growing number of motor vehicles. On the supply side, there are concerns that it is taking longer than before to develop new oil fields, an average of at least 10 years, so it is difficult to increase output quickly to meet increasing demand.

This post has been edited by smartly: Jul 30 2008, 04:53 PM

Today closing price at 1.15 ... so nice , hope tomorrow will better ~

Bless my first investment

bought this at 0.87 and still holding till now. Expecting to get 100% profit from it if possible, hope it is not too far

sam..good job

more epf filings

Acquired 24/07/2008 1,000,000
Disposed 24/07/2008 300,000
Acquired 25/07/2008 1,300,000


Tony fernandez and dato kamaruddins "intention to deal" should be filed soon

Last friday, BUrsa made announcement as below:

"INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED
PERIOD

Pursuant to Paragraph 14.08(a) of the Listing Requirements of Bursa Malaysia
Securities Berhad, AirAsia Berhad ("AirAsia") wishes to announce that Dato' Sri
Anthony Francis Fernandes, Director and Group Chief Executive Officer of
AirAsia, intends to deal in the securities of AirAsia during the closed period
pending the announcement of AirAsia's second quarter results for the period
ended 30 June 2008.

WHAT is the hidden contents behind it?? cant understand that... someone kind pls explain to me, if you dun mind?

---

Added on July 31, 2008, 1:02 amWhat do you think AA wil turn out this friday?

This post has been edited by sam85: Jul 31 2008, 01:02 AM

Now the price drop a bit compare with yesterday...hopefully demand can win supply...

DEmand?...oil price tonight raise to 128...give u die 9 9...

hehh yeah , crude suddenly seems to be on the uptrend again ... up 4$ yest ...tonight up how much ? Now beginning to wish i didnt buy more at 1.15 ......... How ocme MAS keep on going up even though it should be similarly affected by the crude oil prices?

AirAsia can suvived de...dun worry!

survived is survived...airasia at 0.10 or 100.00 also consider survived...what u think?U preffer 0.10 or 100.00???

Oops , if i know tonight oil price raise , i should sell my airasia before market close just now .

haha, it is only applicable when u know what is going to happen.
back to fundamental, just select those sustainable and neglected by major due to unexpected and uncontrolable factors
Airasia could make it. If this time crude come 9 9, and price drop less than 0.87, i will buy more and consider to sell it after november with satisfy pricing

This post has been edited by sam85: Jul 31 2008, 11:02 PM

Maybe because I'm doing short-term investment , so this news will affect me .

Oil dropped to 124$ .... but DOW is down 133 ( at noon NY ) ... profit taking / t+3 delivery date going to affect AA tomorrow? I wish i didnt substantially increase my stake in AA ... at least i could sleep better before

I'm just new in stock market , may i know what is DOW ? and how do you think AA now ?

Dow Jones Indexes

nao only 1.130 wonder when can go up 1.90.. ma monez stuck there

1.90?....need abit luck to wait...