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Latest Posts By 1oopls - Master      About 1oopls
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19-Apr-2016 09:08 Seatrium   /   Sembmarine       Go to Message
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Think 2.30?
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19-Apr-2016 09:06 Seatrium   /   Sembmarine       Go to Message
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Hold and go sleep baby, i will see u in 1 yr time
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19-Apr-2016 09:02 Seatrium   /   Sembmarine       Go to Message
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No matter how tempting to take my HUGE profits, i will HOLD!!! Gambate
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19-Apr-2016 09:00 Golden Agri-Res   /   GoldenAgr       Go to Message
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Just realised got dvidend . Damn. 
Upcoming Events
25 Apr 2016 Ex-Dividend DIVIDEND : SGD 0.00502
Record Date: 27 Apr 2016
Payable Date: 09 May 2016
21 Apr 2016 AGM 9.00 A.M. AT PARKROYAL ON BEACH ROAD, GRAND BALLROOM, LEVEL 1, 7500 BEACH ROAD, SINGAPORE 199591.
Upcoming Events
25 Apr 2016 Ex-Dividend DIVIDEND : SGD 0.00502
Record Date: 27 Apr 2016
Payable Date: 09 May 2016
21 Apr 2016 AGM 9.00 A.M. AT PARKROYAL ON BEACH ROAD, GRAND BALLROOM, LEVEL 1, 7500 BEACH ROAD, SINGAPORE 199591.
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18-Apr-2016 23:00 Seatrium   /   Sembmarine       Go to Message
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Die liao, must sell liao. Prophets all out.
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18-Apr-2016 21:52 Others   /   Let s talk oil.       Go to Message
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oil include palm oil and cooking oil?
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18-Apr-2016 21:45 Ying Li Intl   /   capitaland maybe interested in YINGLI       Go to Message
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TML WILL CHIONG O NOT?
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18-Apr-2016 21:37 Neptune Orient L Rg   /   NOL       Go to Message
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Buy before raised offer px?
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18-Apr-2016 21:23 Others   /   Let s talk oil.       Go to Message
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Think China recovery is more important than oil . Oil px decrease force US shale out of business and SA just playing around to piss everyone off.

The worst US gets, the better China does which is more important hehe
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18-Apr-2016 21:19 GRC   /   OKH resume trading       Go to Message
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will grab some at 8+
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18-Apr-2016 13:57 Others   /   Let s talk oil.       Go to Message
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no eh. impossible to reach 0.00 cents
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18-Apr-2016 13:45 Others   /   Let s talk oil.       Go to Message
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I GO LONG BLUMONT LIAO
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18-Apr-2016 13:37 Others   /   Let s talk oil.       Go to Message
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Die liao, everything also down, down. DOwn already down again
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17-Apr-2016 12:09 Others   /   Let s talk oil.       Go to Message
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HOw u interpret this? Ok, there will not be a production cut, thats almost confirmed for now. 90% chance there will be a production freeze that will not exceed January supply level, almost confirming January is the turning point. Iran will take some time to reach its quota, hence oversupply reality is still real. 

Personally i think oil will be bullish direction but in a slow and gradual pace. There is still uncretainty, no doubt. But the agreement the point is that they would want the recovery of oil market. It will be gradual as they still want to protect their self interest. 
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17-Apr-2016 11:45 Others   /   Let s talk oil.       Go to Message
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Draft Doha agreement would freeze oil output until October

3 Mins AgoReuters
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A draft agreement among oil producers meeting on Sunday in Doha says average daily crude oil production in each month would not exceed the level recorded in January this year, according to a copy of the draft seen by Reuters.

The freeze would last until Oct. 1 this year, and producers would meet again in October in Russia to review their progress in engineering " a progressive recovery of the oil market," the draft reads.

Final agreement has not been reached on the draft, but several senior sources in countries' oil ministries said they were optimistic that a deal would be reached.

Producers would continue to develop the process of consultation between them on the best ways to bolster the oil market, and the deal would be open for other states to join, the draft says.

OPEC member Iran has said it will not participate in Sunday' s meeting as it could not accept proposals to freeze its production.
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17-Apr-2016 11:39 Others   /   Let s talk oil.       Go to Message
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Iran' s central banker dismisses idea of output cut

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COMMENTSStart the Discussion
Doha, Qatar prepares to host the Oil Producing Countries Ministerial Meeting on Aug. 17th, 2016.
Justin Solomon | CNBC
Doha, Qatar prepares to host the Oil Producing Countries Ministerial Meeting on Aug. 17th, 2016.


Iran' s top central banker is adding to growing doubts about an agreement to freeze output at a meeting of oil producers in Doha, Qatar on Sunday.

Ahead of a pivotal meeting that may determine the near-term outlook for crude prices, Iran on Saturday announced that it would not participate in the conference. The country, still trying to recover from Western sanctions, is seen trying to preserve market share, and has steadfastly resisted any suggestions that Iran should freeze or curb output in order to prop up prices.

On the sidelines of an International Monetary Fund meeting in Washington, D.C., Valiollah Seif, head of Iran' s central bank told CNBC that asking Iran to freeze output right now is unfair.

 

" What Iran is doing right now is trying to get back and secure its share of the market," Seif said, adding that " what Saudi Arabia is asking Iran to do is not a very fair [or] logical request."

On several occasions, the leadership of Saudi Arabia has repeatedly said they would agree to an output freeze as long as Iran did too. Currently, analysts believe the two rivals are unlikely to reach a near-term consensus.


Seif told CNBC that Iran, as a member of OPEC, has a quota of 2.4 million barrels per day. Under sanctions for its nuclear program, that quota went unfilled. At the same other members used their output to fill the gap.

" And right now, Iran is trying to just take back the quota it is entitled to get, so we are going to do that and this is the main direction of our economy," Seif added. He went as far as to say other OPEC members are to blame for the sharp fall in oil prices, which are down more than 37 percent year to date.

" This request is coming from those countries which are responsible for this surplus production in the market, because they have exceeded output beyond their quota, and I think this is not fair," Seif added.

He cautioned that this was his personal viewpoint, and the ultimate decision lies with Iran' s oil minister, Bijan Zangeneh. 
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17-Apr-2016 11:34 Others   /   Let s talk oil.       Go to Message
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Iran winner. Freeze, Iran win, Production increase it doesn' t care, got its sanction lifted
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15-Apr-2016 15:50 Rex Intl   /   Rex International       Go to Message
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x 0 		What the..false rally?
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15-Apr-2016 15:42 CapitaLand   /   Capitaland       Go to Message
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x 0 		Waa so much meat for the dividend, after dividend all sure run road
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14-Apr-2016 23:57 Others   /   Let s talk oil.       Go to Message
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DJ and Oil up , huat ah. Tml cn sell Ezion eh
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