tag:blogger.com,1999:blog-18183714.post2482525950814304521..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: OPEC, Oil Price & Destabilised CountriesSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-18183714.post-48069661434666922842008-11-05T13:12:00.000+08:002008-11-05T13:12:00.000+08:00Dear Solomon,"no one able to anticipate the d...Dear Solomon,<BR/><BR/>"no one able to anticipate the demand destruction" ???<BR/><BR/>Yes....if you are not from that industry. You can't anticipate the demand destruction just from outsider point of view. <BR/><BR/>However, if your are involving in that industry and sit in the senior position, obviously, you will access to the actual scenario in the business frontier. In other words....no one able to anticipate the demand destruction in all industries. That's a fair comment for a generalist. <BR/><BR/>But..for the expert and businessman from that industry...they are able to anticipate the demand destruction by sensing:<BR/><BR/>i)Order and inventory position<BR/>ii) Capacity utilization<BR/>iii) Competitive landscape<BR/>iv) Collection period and bad debt provision.<BR/><BR/>Take for instance.....while palm oil is testing RM 4k/mt in feb/march this year....my classmate (CEO of the public listed company in bursa)was struggiling to deplete inventory that already alarming by any prudent management....(his exact word...you can shower with palm oil). <BR/><BR/>Similarly.....for those involved in the steel busienss....even one month before the starts of Beijing games....we all struggling to sell steel in the entire Asia market....the inventory today is sky high as never seen before. Thus, it would be not wrong nearly 90% of steel companies will be at operating loss in 2009 & 2010.<BR/><BR/>Bottomline.....we still can anticipate the upcoming demand destruction if your are equipped with circle of competence, good network as well as to allow common sense prevails...<BR/><BR/>Good Day.Datukhttps://www.blogger.com/profile/07354574631891772131noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-30735107315749350612008-11-05T11:30:00.000+08:002008-11-05T11:30:00.000+08:00hi Dali, stocks being going up for more than a wee...hi Dali, stocks being going up for more than a week. is the worst over? i'm confusedMaxWealth88https://www.blogger.com/profile/01834318240586474397noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-47181350636712420572008-11-05T09:06:00.000+08:002008-11-05T09:06:00.000+08:00While enjoying cheaper pump price now, it is the w...While enjoying cheaper pump price now, it is the word "recession Vs Oil price". Geopolitical tensions / natural disaster like hurricane will always make the spike in oil price.<BR/><BR/>No one able to anticipate the demand destruction. <BR/><BR/>While writing, I do understand that another round of sell off in this December is in the making, how true is this, Dali?solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.com