Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Oil Prices
21-06-2017, 04:15 PM,
Post: #1211
RE: Oil Prices
Offshore oil drilling which has a higher break even cost will face increased difficulty to survive if oil price stay lower for longer. This means offshore vessel builders and/or lessors such as Keppel, Semb Marine, and Mermaid will continue to suffer. The smaller support businesses such as MTQ, Ezion, and the numerous support vessel owners/builders will continue to suffer as well.

Find Reply
21-06-2017, 08:23 PM,
Post: #1212
Oil Prices
It will be a very long winter for oil. I do wonder whether the local banks will see further impairment of loans. They are priced as if the offshore sector will not see further bankruptcies.


Sent from my iPad using Tapatalk

Find Reply
21-06-2017, 08:56 PM, (This post was last modified: 21-06-2017, 08:57 PM by chialc88.)
Post: #1213
Rainbow  Kepcorp experiments
buying Kepcorp was a tough decision.

it was at it's lowest point and practically nobody wanted the stock.

From my trading records, the one and only purchase was done in Q1 2016,
reason: is something that I cannot disclose (ha ha, injected some suspends).

Collected 3 dividends and noticed that head winds to O&G is really strong.

It's like the entire world gang up to bully Singapore
erh... correction, O&G sector... I meant.

Sold last week (again one swing) as I foresee a long up-hill battle...
From heart to heart:





Namun apa yang ku dapatkan
Kau kini berpindah haluan

Kau berpindah hati
Dari hati ke hati
Sakit di hati
Tanpa kau fikirkan hatiku ini
感恩

Find Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)
Valuebuddies.com | Return to Top | | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com |