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Observers Elite	08-Aug-2015 15:38        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think OPEC figured artificially high oil price is not good for the industry in the long run. Because of high prices, huge amount of money has flowed into developing alternative energy sources. Tesla probably wouldn' t have drawn enough equity funding for a mega battery factory without $100/bbl oil prices. Not to mention the billions of subsidies poured into bulk manufacturing more efficient and cheaper PV panels in China as well as the ultra low oil consumption turbo charged engines we see in recent passenger car models, esp those from Europe. Now they are afraid if they don' t sell the oil in the ground soon, there might come a time when oil becomes obsolete as a form of portable energy. I believe OPEC' s real target in suppressing oil prices isn' t shale oil, its the alternative energy technologies that are rapidly gaining pace.
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lglg666 Supreme	08-Aug-2015 14:51        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If they will do a share consolidation then it won't be a good thing for the short term...the price will be lower.
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Lucky03 Elite	08-Aug-2015 11:27        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hit send button accidentally. 4 factors that are crucial for market timing - 1. Supply glut. This is not to be resolved anytime soon. Shake oil production in U.S. is more than an economic argument. It is like Spore producing Newater. It will cost more than bringing in processed water from Johor. U.S. enjoys the freedom of not being reliant on Mideast for the supply of oil. 2. The demand side is not doing well yet. The biggest consumer - China is still seeing its economy moderating. Will have to see at which point they initiated their own version of QE. Japan's recovery is still fragile while Europe QE did not produce as much effect as had been anticipated. 3. Shortists paradise. It is always easier to strike fear than to generate optimism. I can hardly hear the word Bull Market for many many years since shorting is legalized and actually being promoted aggressively and abused by professional traders - not just local but international players. 4. US$ rising due to expectation of interest rate increase in Sep. WTI crude price works inversely proportionate to the rise of US$. So early sign to look out for is probably around Sep-Oct. Ezra will announce its next quarterly result by then. Lucky03      ( Date: 08-Aug-2015 11:19) Posted: 3 factors that are crucial for market timing - 1. Supply glut. This is not to be resolved anytime soon. Shake oil production in U.S. is more than an economic argument. It is like Spore producing Newater. It will cost more than bringing in processed water Lucky03      ( Date: 08-Aug-2015 10:49) Posted: Amazed to read the latest week US rig counts that it has gone up another 10. It has been increasing over last few weeks despite WTI crude dropping to fresh low of US$43.76. Perhaps because the U.S. Oil inventory has been dropping and there is internal political pressure to keep the Shale pumping to meet US needs. Looks like OPEC will have to keep pumping harder to push WTI to near US$40 to see the result they wanted. Question is at which point they will all give up that it is not going to work anymore and hence go back to normal. That'll be the time to jump back into O&G. Hopefully counters like Ezra is still standing.
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Lucky03 Elite	08-Aug-2015 11:19        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	3 factors that are crucial for market timing - 1. Supply glut. This is not to be resolved anytime soon. Shake oil production in U.S. is more than an economic argument. It is like Spore producing Newater. It will cost more than bringing in processed water Lucky03      ( Date: 08-Aug-2015 10:49) Posted: Amazed to read the latest week US rig counts that it has gone up another 10. It has been increasing over last few weeks despite WTI crude dropping to fresh low of US$43.76. Perhaps because the U.S. Oil inventory has been dropping and there is internal political pressure to keep the Shale pumping to meet US needs. Looks like OPEC will have to keep pumping harder to push WTI to near US$40 to see the result they wanted. Question is at which point they will all give up that it is not going to work anymore and hence go back to normal. That'll be the time to jump back into O&G. Hopefully counters like Ezra is still standing.
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Lucky03 Elite	08-Aug-2015 10:49        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Amazed to read the latest week US rig counts that it has gone up another 10. It has been increasing over last few weeks despite WTI crude dropping to fresh low of US$43.76. Perhaps because the U.S. Oil inventory has been dropping and there is internal political pressure to keep the Shale pumping to meet US needs. Looks like OPEC will have to keep pumping harder to push WTI to near US$40 to see the result they wanted. Question is at which point they will all give up that it is not going to work anymore and hence go back to normal. That'll be the time to jump back into O&G. Hopefully counters like Ezra is still standing.
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lglg666 Supreme	06-Aug-2015 21:13        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If like Swiber then it will be 2 for 1 consolidation, if 3 for 1 then it's even worst situation than Swiber. Either way it's not a good thing edwinjup      ( Date: 06-Aug-2015 18:05) Posted: Possible 3 to 1 share consolidation....just like swiber....
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edwinjup Supreme	06-Aug-2015 18:05        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Possible 3 to 1 share consolidation....just like swiber....
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pnuklis Master	06-Aug-2015 17:58        pnuklis About Contact  Quote this Post!
x 0   x 0  Alert Admin	If Lionel had run his company properly then all these shortists would have kept away. Indiscriminate expansion and the obsession for angmos has created this situation. In this bargain Ordinary share holders kana. Bad luck lah.
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fernvale Master	06-Aug-2015 17:26        fernvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	high chance drink champagne next week
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fernvale Master	06-Aug-2015 15:22        fernvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Which ever counters, all manipulated, up or dwn nia. Best dun touch shares, hand itchy like me just buy ONE lot take as entertainment for weekdays. Weekend bet soccer, same thing go spore pools buy $50 play for entertainment tikam tikam nia lglg666      ( Date: 06-Aug-2015 15:07) Posted: Yes...sad that now it's the blood suckers playground. Lucky03      ( Date: 06-Aug-2015 15:04) Posted: Only when the blood suckers had too much blood that they get overdosed ! Ever since SGX promoted short selling giving stupid and motherhood excuse that it will provide a self regulating mechanism, the market has become more and more of a traders gambling den :
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fernvale Master	06-Aug-2015 15:18        fernvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dun wori. I buy 1 lot nia. Waiting at 0.08 buy 5 lots, at 0.008 buy 10 lots Wahaha delsolvtec      ( Date: 06-Aug-2015 15:13) Posted: Holy Cow....11.9ct   niteowl68      ( Date: 04-Aug-2015 17:52) Posted: Great call as up 4.88% from yest close of 126.. and more if from low of 116/117.
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delsolvtec Member	06-Aug-2015 15:13        delsolvtec About Contact  Quote this Post!
x 0   x 0  Alert Admin	Holy Cow....11.9ct   niteowl68      ( Date: 04-Aug-2015 17:52) Posted: Great call as up 4.88% from yest close of 126.. and more if from low of 116/117. danger      ( Date: 04-Aug-2015 12:01) Posted: LOAD UP WITH CPF LAH ! 1 day or 1 mth up 1% ...better than CPF 2.5% per annum HUAT !
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lglg666 Supreme	06-Aug-2015 15:07        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes...sad that now it's the blood suckers playground. Lucky03      ( Date: 06-Aug-2015 15:04) Posted: Only when the blood suckers had too much blood that they get overdosed ! Ever since SGX promoted short selling giving stupid and motherhood excuse that it will provide a self regulating mechanism, the market has become more and more of a traders gambling den :( lglg666      ( Date: 06-Aug-2015 14:46) Posted: Double confirm....sad to see the price again dropping, no real solid support. Up 2 pips then down 5 pips, just wondering how low it can goes
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Lucky03 Elite	06-Aug-2015 15:06        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When the blood suckers realised that they ended up sucking only their own breath as the market has been sucked dry of blood, then they move on to suck somewhere else.
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Lucky03 Elite	06-Aug-2015 15:04        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only when the blood suckers had too much blood that they get overdosed ! Ever since SGX promoted short selling giving stupid and motherhood excuse that it will provide a self regulating mechanism, the market has become more and more of a traders gambling den :( lglg666      ( Date: 06-Aug-2015 14:46) Posted: Double confirm....sad to see the price again dropping, no real solid support. Up 2 pips then down 5 pips, just wondering how low it can goes. Lucky03      ( Date: 06-Aug-2015 11:27) Posted: The thing with Ezra now is that the share price is entirely manipulated by shortists. They decide when they want to push it down, when to cover back or create false impression of heavy buying and only to dump them down when they suddenly pulled out all the fake buy q. Serious investors will have to wait out for a while.
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lglg666 Supreme	06-Aug-2015 14:46        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Double confirm....sad to see the price again dropping, no real solid support. Up 2 pips then down 5 pips, just wondering how low it can goes. Lucky03      ( Date: 06-Aug-2015 11:27) Posted: The thing with Ezra now is that the share price is entirely manipulated by shortists. They decide when they want to push it down, when to cover back or create false impression of heavy buying and only to dump them down when they suddenly pulled out all the fake buy q. Serious investors will have to wait out for a while.
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Lucky03 Elite	06-Aug-2015 11:27        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The thing with Ezra now is that the share price is entirely manipulated by shortists. They decide when they want to push it down, when to cover back or create false impression of heavy buying and only to dump them down when they suddenly pulled out all the fake buy q. Serious investors will have to wait out for a while.
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fernvale Master	06-Aug-2015 10:01        fernvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	i no curse, i bot 1 lot oredi :D delsolvtec      ( Date: 06-Aug-2015 09:35) Posted: hahaha careful....later niteowl68 or aloser say u r a Shortie who is cursing their stock.....hahah but i agree, with the massive dilution...ezra has severely undermined their nav....this stock will trade ard 10ct price or less. This is jusbeing realistic. of cos ppl who bought higher will defend their stock and say rubbish but this is inevitable. But when crude goes up, eventually, this will too. just that $7 will be inpossible unless they consolidate 10:1. fernvale      ( Date: 06-Aug-2015 09:04) Posted: Lai liao 0.08cts cheap cheap lelong Buy today, huat next wk Happy happy tikam nia
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fernvale Master	06-Aug-2015 09:59        fernvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	u still waiting? i hoot abit oredi to watch show cos weekdays no soccer matches, get ready for next week. for me stock is tikam tikam only, i bot 1 lot only nia. My investments other things, no gd in stock heehee   rlong8288      ( Date: 06-Aug-2015 09:23) Posted: Tikam faded away, still waiting fernvale      ( Date: 06-Aug-2015 09:04) Posted: Lai liao 0.08cts cheap cheap lelong Buy today, huat next wk Happy happy tikam nia
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delsolvtec Member	06-Aug-2015 09:35        delsolvtec About Contact  Quote this Post!
x 0   x 0  Alert Admin	hahaha careful....later niteowl68 or aloser say u r a Shortie who is cursing their stock.....hahah but i agree, with the massive dilution...ezra has severely undermined their nav....this stock will trade ard 10ct price or less. This is jusbeing realistic. of cos ppl who bought higher will defend their stock and say rubbish but this is inevitable. But when crude goes up, eventually, this will too. just that $7 will be inpossible unless they consolidate 10:1. fernvale      ( Date: 06-Aug-2015 09:04) Posted: Lai liao 0.08cts cheap cheap lelong Buy today, huat next wk Happy happy tikam nia
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