| Latest Forum Topics / Ezra Last:0.011 -- |
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Eps 33c nav 61c....share price only 25c
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halleluyah
Supreme |
14-Dec-2015 20:30
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Dow open abt -50pts...future -54pts...haiz afternnon was +132pts...kee tau hong liao...
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moron101
Supreme |
14-Dec-2015 20:15
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US crude drops 3% now.. likely to close at $30 this week.. look out for opportunities to enter if bottomed..
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moron101
Supreme |
14-Dec-2015 20:05
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DOW future suddenly turns red now. Very very red now. As oil is reaching 33 usd.. Siao.. | ||||
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newbieliu
Elite |
14-Dec-2015 17:08
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All cut loss. Dunno if tmr BB will play it up or not if the oil price surge tonight after weeks of slump .... no matter what production would not be sustained at low price ... they all have to cut production based on demand and market . Vested for short term profit as other oil ans gas company drop has reduced today
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polarinda
Master |
14-Dec-2015 17:01
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really cannot make it |
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paranomic123
Veteran |
14-Dec-2015 15:40
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26% to 96% is a hell lot of holdings. The retail holdings simply becomes worthless.   |
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alan5793
Veteran |
14-Dec-2015 14:49
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This is how they squeezed the small shareholders to increase their shares&hellip Poor small investors.. Typical Example would be Ezra soon Rex国 际 ( Rex International) 持 74.16% 股 权 的 Lime Petroleum Norway As投 资 ( 简 称 LPN) 完 成 重 组 , 其 中 一 个 方 案 是 削 减 资 本 , 然 后 通 过 发 售 新 股 来 增 加 股 本 。 2015年 12月 14日 1012 ( 联 合 早 报 网 讯 ) Rex国 际 ( Rex International) 持 74.16% 股 权 的 Lime Petroleum Norway As投 资 ( 简 称 LPN) 完 成 重 组 , 其 中 一 个 方 案 是 削 减 资 本 , 然 后 通 过 发 售 新 股 来 增 加 股 本 。 Rex国 际 独 资 子 公 司 Rex国 际 投 资 (Rex International Investments, 简 称 RII) 所 持 的 90万 股 遭 取 消 , 获 得 约 894万 美 元 赔 偿 。 RII将 这 笔 钱 重 新 注 入 LPN, 所 持 股 权 从 原 本 的 26.18% 增 至 96.49% , 成 为 大 股 东 。 集 团 认 为 LPN截 至 9月 30日 未 经 审 核 的 有 形 资 产 和 净 资 产 值 达 3892万 美 元 , 同 时 拥 有 挪 威 大 陆 架 ( Norwegian Continental Shelf) 的 19张 执 照 , 并 计 划 在 2015和 2016年 钻 至 少 三 个 油 井 。 这 项 交 易 不 会 对 集 团 的 每 股 盈 利 造 成 实 质 影 响 , 但 会 对 截 至 12月 31日 的 每 股 净 有 形 资 产 起 正 面 影 响 。 - See more at: http://www.zaobao.com.sg/realtime/singapore/story20151214-559758#sthash.copVQrrt.dpuf  
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polarinda
Master |
14-Dec-2015 14:28
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95 last support.   |
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halleluyah
Supreme |
14-Dec-2015 12:52
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too highly in debt n oil px still down tdy.... |
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Demostation
Supreme |
14-Dec-2015 12:17
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This counter is a superbad counter.   Anyone who touched it (longed) sure die one...and can die many times if tried to re-enter after selling. |
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polarinda
Master |
14-Dec-2015 11:34
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x 0 Alert Admin |
Cut long ago. Shyt counter | ||||
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halleluyah
Supreme |
14-Dec-2015 11:29
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cut loss....hopeless... |
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Lucky03
Elite |
13-Dec-2015 09:01
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BHI: Overall US rig count plunges 28 units
HOUSTON, Dec. 11 12/11/2015 By Matt Zborowski OGJ Staff Writer The overall US drilling rig count plunged 28 units to 709 during the week ended Dec. 11, representing its lowest level since Sept. 17, 1999, according to Baker Hughes Inc. data (OGJ Online, Dec. 4, 2011). The count has fallen in 15 of the last 16 weeks since a short-lived summer rebound, giving up 176 units over that time. Since this week a year ago, 1,184 units have gone offline. The drop was again anchored by oil-directed rigs, which lost 21 units to 524, down 1,022 year-over-year and their lowest point since Apr. 30, 2010. Gas-directed rigs declined 7 units to 185. Meanwhile, BHI this week reported that the average US rig count for November was 760, down 31 from October and down 1,165 from November 2014. US oil output declines advance According to the US Energy Information Administration?s latest Drilling Productivity Report (DPR), crude oil production in January from seven major US shale plays is expected to drop 116,000 b/d to 4.86 million b/d (OGJ Online, Dec. 7, 2015). As usual, the Eagle Ford is expected to represent a bulk of the decline, losing 77,000 b/d to 1.2 million b/d. The Bakken is seen falling 27,000 b/d to about 1.1 million b/d, and Niobrara is seen falling 24,000 b/d to 344,000 b/d. Double-digit growth is again expected in the Permian, which EIA projects to rise 14,000 b/d to about 2.4 million b/d. |
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Lucky03
Elite |
12-Dec-2015 17:06
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By Bloomberg News - 12 Dec 2015, 1:41:24 PM
China?s industrial production showed unexpected strength in November and retail sales rose the most this year, adding to evidence that the world?s second-largest economy is seeing signs of stabilization in old growth drivers and renewed vigor in the newer ones. Industrial output climbed 6.2 percent in November from a year earlier, the National Statistics Bureau said Saturday, compared with the 5.7 percent median estimate of economists surveyed by Bloomberg and October?s 5.6 percent. Fixed-asset investment increased 10.2 percent in the first 11 months, while retail sales gained 11.2 percent last month. The reports helped lift Bloomberg?s monthly China gross domestic product tracker up to an estimated 6.85 percent growth pace last month, the best reading since June. The three reports, all posting unexpected signs of increasing demand, followed others this week showing the yearlong slide in imports is moderating and that consumer inflation is picking up. Chinese officials have been adding monetary and fiscal stimulus as they seek to maintain medium to high-speed growth while shifting to a more balanced, services and consumption-led economy and away from manufacturing and infrastructure spending. "China?s economy is stabilizing, and has stopped from slipping," said Shen Jianguang, chief Asia economist at Mizuho Securities Asia Ltd. in Hong Kong. "We?re going to see clearer improvements in the next few months as the government keeps cutting interest rates and reserve requirements as well as adopting more proactive fiscal policies." All three gauges released Saturday showed more strength than economists had forecast, with industrial output exceeding all but one of 37 economist estimates in the survey. Automobile Production There has been a strong pick-up in automobile production after the government reduced a purchase tax on small passenger vehicles in October, said Zhou Hao, a Singapore-based economist at CommerzBank AG. Average daily auto production jumped 16 percent in November from a year earlier, NBS said. That compared with a 4.9 percent increase in October and a 11.2 percent drop in July. Policy makers have unleashed new rounds of fiscal and monetary stimulus to keep growth on track as it slowed from 7.3 percent last year, already the slowest full year in a quarter century, to 7 percent in the first half and to 6.9 percent in the third quarter. President Xi Jinping?s goal for gross domestic product expansion of at least 6.5 percent over the next five years is already at risk even after China cut interest rates six times since late last year to a record and added new kinds of stimulus. Growth will fall below Xi?s bottom line next year, according to a third of forecasters surveyed by Bloomberg News, while the median estimate for 2017 is for a 6.3 percent expansion. Monetary Measures China?s broadest measure of new credit rebounded in November, official data showed Friday, signaling that monetary measures are having an impact. Aggregate financing rose to 1.02 trillion yuan ($158 billion) in November, according to the People?s Bank of China. That compared with the median forecast of 970 billion yuan in a Bloomberg survey. The PBOC cut the yuan?s reference rate on Wednesday to 6.4140 per dollar, its weakest level since 2011. On Friday, the central bank?s China Foreign Exchange Trade System unit spurred speculation that policy makers want to reduce the currency?s link to the dollar and let it weaken further. Loosening the link to the dollar, which has climbed to the highest in more than a decade against major peers, would help support trade for China?s export-dependent economy. |
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Lucky03
Elite |
12-Dec-2015 17:04
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China?s crude processing climbed to a record after some refineries resumed operations following maintenance.
Refineries in the world?s second-largest oil consumer processed 43.92 million metric tons of crude last month, 3.3 percent higher than a year earlier, according to data released Saturday by the Beijing-based National Bureau of Statistics. That?s about 10.73 million barrels a day and up 2.6 percent, on a daily basis, from October. Last record was June?s 10.59 million barrels a day. Higher oil processing in China coincided with record oil-product exports in November as refiners tapped overseas markets to reduce fuel stockpiles. Net fuel exports rose for a fifth month to 2.22 million tons last month, 77 percent higher than the previous month. ?For refineries, processing more oil is good for their margins, but in the meantime, they need to be able to sell,? Jean Zou, an analyst with ICIS China, said before the data were released. ?They may keep their runs high as long as they can find export markets for their products.? China Petroleum & Chemical Corp. restarted Yangzi refinery?s crude-distillation unit at the end of October, while Sinochem Group?s Quanzhou plant boosted runs to more than 80 percent of capacity last month following maintenance, industry website Oilchem.net said. China?s power production last month rose 0.1 percent from a year earlier to 466 billion kilowatt hours, Saturday?s data showed. China?s crude output fell 0.5 percent from a year earlier to 17.66 million tons, while natural gas production climbed 0.2 percent to 11.1 billion cubic meters. Coal output declined 2.7 percent to about 320 million tons. |
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Lucky03
Elite |
12-Dec-2015 17:02
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Did the market react to the announcement of the return of the founder as Chairman or the passing of the EOGM revolution for the 50-50 JV with Chiyoda or the drop of Oil prices or due to typical closing weakness for Friday trading prior to weekend ? | ||||
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spore1
Supreme |
11-Dec-2015 17:38
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This counter is drifting lower each day.May see 9 cents ,8 cents. ....5 cents. | ||||
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alan5793
Veteran |
11-Dec-2015 16:58
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Three Commodities Giant aldy in Deep Deep Shit , Anglo American , Freeport, and Glencore... Better ALERT 英 國 ‧ 倫 敦 11日 訊 ) 商 品 價 格 崩 跌 , 迄 今 不 見 起 色 , 全 球 各 大 礦 業 公 司 紛 紛 減 產 減 支 以 度 過 難 關 。 繼 英 美 礦 業 ( Anglo American) 和 Freeport之 後 , 嘉 能 可 ( Glencore) 也 宣 佈 要 藉 擴 大 出 售 資 產 並 減 少 支 出 來 減 低 債 務 。 與 此 同 時 , 全 球 最 大 的 鋁 生 產 商 中 國 宏 橋 集 團 宣 佈 關 閉 25萬 噸 鋁 生 產 線 , 包 括 中 國 鋁 業 等 14家 同 步 跟 進 , 掀 起 減 產 保 價 潮 。 另 傳 因 急 需 現 金 , 中 國 的 鐵 礦 石 都 賠 本 賣 。 點 看 全 文 : http://biz.sinchew.com.my/node/127702#ixzz3u06OhRbZ Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook  
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HazardKoh
Master |
11-Dec-2015 16:29
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2009 financial crisis commodities price tank is becos demand is too weak Now is becos supply is too strong Which one worse??? So if next year demand weakens + supply still strong = double whammy?? worse than 2009?
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alan5793
Veteran |
11-Dec-2015 16:13
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從 原 油 到 鋁 、 鋼 鐵 、 黃 銅 、 白 金 與 鈀 金 等 工 業 金 屬 價 格 近 幾 天 甚 至 進 一 步 崩 跌 ,面 臨 蕭 條 危 機 銅 、 鋁 、 鋼 鐵 等 原 物 料 價 格 上 回 跌 至 如 此 低 檔 時 , 經 濟 正 面 臨 陷 入 蕭 條 的 危 機 。 CNN Money報 道 , 商 品 今 年 表 現 糟 糕 , 供 應 過 剩 加 上 需 求 疲 軟 讓 整 個 產 業 哀 鴻 遍 野 。 從 原 油 到 鋁 、 鋼 鐵 、 黃 銅 、 白 金 與 鈀 金 等 工 業 金 屬 價 格 近 幾 天 甚 至 進 一 步 崩 跌 。 追 蹤 多 項 原 物 料 走 勢 的 彭 博 商 品 指 數 本 週 跌 至 1999年 6月 以 來 的 最 低 點 。 BB& T金 屬 與 礦 業 分 析 師 尼 爾 森 說 : &ldquo 市 場 氛 圍 很 壞 , 是 金 融 危 機 來 最 慘 , 而 且 愈 來 愈 糟 糕 。 &rdquo 全 球 需 求 疲 軟 的 確 不 利 商 品 價 格 , 中 國 、 巴 西 等 新 興 市 場 近 幾 季 景 氣 驟 降 , 對 鋼 鐵 、 鐵 礦 砂 與 原 油 需 求 跟 著 降 低 。 先 進 國 家 也 好 不 到 哪 去 , 歐 洲 經 濟 持 續 低 迷 、 日 本 差 點 陷 入 衰 退 , 而 美 國 11月 製 造 業 景 氣 為 三 年 來 首 度 萎 縮 。 但 近 期 商 品 暴 跌 的 主 因 在 於 供 給 過 剩 , 相 形 之 下 , 2009年 經 濟 大 衰 退 期 間 是 需 求 劇 跌 。 ( 星 洲 日 報 / 財 經 ) 點 看 全 文 : http://biz.sinchew.com.my/node/127702#ixzz3tzuVW1Sm Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook
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