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FALCON ENERGY - UNDERVALUED WINNER TOP STOCK PICK
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edwinjup
Supreme |
29-Oct-2017 14:02
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Jialat result just out... | ||||
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Volmax
Elite |
28-Oct-2017 17:47
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FY17 would have a hefty writedown and market would have already factored in the shares price. Given FEG reputation and presence in the market for so many decades, it should have no problem securing more contracts, since not many competitors are left standing. The most important things on hand now is to secure more contracts to bring the Group back to profitability.  |
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kangaroo11
Veteran |
28-Oct-2017 15:52
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Profits jump at Exxon, Chevron, BP, Total, ShellBig oil is back in the black. The world' s biggest Western energy companies are on track to post the highest annual profits since the oil market crashed three years ago and forced them to restructure for a prolonged era of low prices. Third-quarter net income at Exxon Mobil Corp. and Chevron Corp. grew more than twice as fast as crude prices compared with the same period last year, a sign that cost-cutting and a new focus on short-term projects is paying off. Profits at Exxon and Chevron rose by 50% or more, with Exxon on Friday reporting net income of $4 billion and Chevron $2 billion. France' s Total SA reported a 40% improvement in the third quarter, compared with $2.7 billion in the same period the prior year. Analysts now estimate that the five largest oil companies -- Exxon, Chevron, Total, BP PLC and Royal Dutch Shell PLC -- will rake in more than $50 billion in 2017, according to FactSet. That is the most since 2014, when oil sold for more than $110. Brent crude was trading at just below $60 this week. https://www.marketwatch.com/story/profits-jump-at-exxon-chevron-bp-total-shell-2017-10-27-10485933 |
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Volmax
Elite |
28-Oct-2017 12:50
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Crude 53.90, Brent 60.44. Oil at its two years high since July 2015, Oil & Gas on the road to recovery. 
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kangaroo11
Veteran |
28-Oct-2017 12:23
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Brent crude rockets above $60 a barrel for first time since July 2015
Analysts say WTI cracked through technical resistance levels around $53 a barrel, helping it to break out higher. Resistance for Brent crude stood between $58.50 and $59 a barrel, Tom Kloza, global head of energy analysis at Oil Price Information Service, told CNBC earlier this week. https://www.cnbc.com/2017/10/27/brent-crude-rockets-above-60-a-barrel-for-first-time-since-july-2015.html
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kangaroo11
Veteran |
28-Oct-2017 12:11
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O& G Equipment and support services company earnings are always lagging in nature, should see positive turnaround in FY 2018/2019. Accumulate on correction!
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kangaroo11
Veteran |
28-Oct-2017 12:02
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Exxon Mobil beats expectations for profits and revenue, even as Harvey takes a bite out of earnings.Exxon Mobil on Friday reported third-quarter earnings that beat on the top and bottom line, even as impacts on its refining business from Hurricane Harvey took a bite out of profits.
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kangaroo11
Veteran |
28-Oct-2017 11:57
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Big oil earnings this week may confirm the &lsquo tide is finally turning&rsquo for energy" Energy has been an earnings laggard over the course of the last several years, but the tide is finally turning for the sector as it' s now the biggest contributor to earnings growth," Mark Tepper, president and CEO of Strategic Wealth Partners, said Wednesday on CNBC' s " Trading Nation."The energy sector has badly underperformed the broader market this year, down 10 percent in 2017 making it the second-worst performing sector. " Fortunately, as the tide has been turning, we' ve seen a significant rise in the price of oil since last quarter," Tepper said. Indeed, crude prices have made a bit of a comeback, though the energy sector has not appeared to bounce back in sympathy. " Because the price of oil started so low in [the third quarter] and gradually increased throughout the quarter, we' re really not expecting to see that flow through to earnings this quarter. It will likely be next quarter," Tepper said, adding that he is looking for positive momentum across earnings reports to confirm the equities are moving " in the right direction." Furthermore, he would recommend an overweight position in energy. " We do feel the tide has certainly turned, and overall, the landscape for the energy sector in general looks to be positive. So we' re looking at these earnings reports for Exxon and Chevron to really confirm that optimism," he said. https://www.cnbc.com/2017/10/25/chevron-exxon-earnings-may-confirm-the-tide-is-turning-for-energy.html |
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kangaroo11
Veteran |
28-Oct-2017 11:52
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Oil Prices Finally Break $60! |
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danger
Supreme |
27-Oct-2017 16:21
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6.9c is next support ... or else.... adios | ||||
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danger
Supreme |
27-Oct-2017 16:20
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support broken ... ruuunnnnn | ||||
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danger
Supreme |
27-Oct-2017 15:46
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now the 7.1 / 7.2 was the previous support before another rebound so it is a 50 / 50 chance and risk to take to buy now |
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kangaroo11
Veteran |
27-Oct-2017 15:18
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Oil prices rise on tightening supply, strong demand In the main growth areas of Asia, consumption remains strong especially in China and India, the world' s number one and three importers. India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand. The country' s September imports stood 4.2 percent above this time last year and about 19 percent more than in August, ship-tracking data from industry sources and Thomson Reuters Analytics showed. Given the tightening oil market conditions, many analysts expect prices to rise further. " We will see oil prices higher by 10 percent by the end of the year. We have started to accumulate strong positions within the oil sector," said Shane Chanel, equities and derivatives adviser at ASR Wealth Advisers. https://energy.economictimes.indiatimes.com/news/oil-and-gas/oil-prices-rise-on-tightening-supply-strong-demand/61178447 |
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kangaroo11
Veteran |
27-Oct-2017 13:16
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The oil price crash in 2014 has had a catastrophic effect on the offshore and marine sector - one of the jewels in the Singapore economy - and while the pain lingers, some light has appeared at the end of the tunnel. http://www.straitstimes.com/opinion/offshore-and-marine-sector-remains-key-to-economy | ||||
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kangaroo11
Veteran |
27-Oct-2017 13:11
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Weak energy sector pressures OCBC, but future looks bright, says OCBC CEO. https://asia.nikkei.com/Business/AC/Weak-energy-sector-pressures-OCBC-but-future-looks-bright-CEO | ||||
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sheerluck
Supreme |
27-Oct-2017 11:00
Yells: "Work for your money first then let your money work for you" |
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FEG to release FY results by 29 Oct. Profit guidance already issued. Today is last day to adjust your position. Gd luck to those who still holding this. | ||||
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kangaroo11
Veteran |
27-Oct-2017 10:36
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haha! the eagle low batt hibernating.
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AndyLoss
Master |
27-Oct-2017 10:32
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but Falcon stuck again .. :)
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kangaroo11
Veteran |
27-Oct-2017 10:23
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Brent $59! | ||||
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kangaroo11
Veteran |
24-Oct-2017 17:13
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U never page Mr tan to ask lol?
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