tag:blogger.com,1999:blog-18183714.post8999722049041722537..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Oil, Auto, Main Street, Global EconomySalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-18183714.post-50028366693403415792008-10-18T09:29:00.000+08:002008-10-18T09:29:00.000+08:00"I am not saying I am Buffett, but u r giving a bs..."I am not saying I am Buffett, but u r giving a bs posting that adds no value... <BR/>:<BR/>:<BR/>I did not retract my posting, so whats yr problem... <BR/>:<BR/>:<BR/>grow up la"<BR/><BR/>Hi,<BR/><BR/>As I said earlier, I am new in this financial/investment/money thing. I don't see a problem in my posting, but as you pointed out, clearly I need to learn more.<BR/><BR/>Having said that, I'm sorry as it seems I said things that shouldn't be said (?). You can delete my previous comment and this comment too because it add no value. <BR/><BR/>"dont go making passing investment judging comments on a daily basis"<BR/><BR/>Thank you for the insight. Really appreciate it.<BR/><BR/>PS: I am having no basic in financial/money except when learning Kemahiran Hidup, well in seconday school about 12 years ago hehe.DarkWanhttps://www.blogger.com/profile/06149934552219649096noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-22760894162426675732008-10-16T23:52:00.000+08:002008-10-16T23:52:00.000+08:00Looks like OPEC is gonna cut production.http://www...Looks like OPEC is gonna cut production.<BR/><BR/>http://www.ft.com/cms/s/0/9bfdbe08-9b8e-11dd-ae76-000077b07658.html?nclick_check=1<BR/><BR/>Price increase soon? Such volatality doesnt sound good.<BR/><BR/>But despite the changes in oil prices, the car rebate thing still remained the same. I bet there'll be another flip-flop decision soon.TsuChonghttps://www.blogger.com/profile/01347104307562333866noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-22688111328945796932008-10-16T23:32:00.000+08:002008-10-16T23:32:00.000+08:00Dear Hng,I agree with ur point... to send minister...Dear Hng,<BR/><BR/>I agree with ur point... to send minister to go to study on asset management class. . but will u think that is funding at RM x million per each of minister if we want send them for study?<BR/><BR/>They will charge us another 10X normal bills . Dont u think so? <BR/><BR/>Biodiesel is a good idea but so far, not much car use it. <BR/><BR/>NGV gas is a good due the price is cheap .. but again, due gov restricted policy, only Petronas have the NGV supply. walaeuh. . cab driver has time to wait to fill in petrol. will we have ? <BR/><BR/>Highway too - use smart tag shall give discount ? perhaps can implement -5% discount to avoid trafic jam (espesially the festival season) & increase the smoothy of traffic. Doesn't it good? (try think 10% plp use smart tag, the car move more fast, not heavy car jam in toll )... <BR/><BR/>happy sharing..Ivanhttps://www.blogger.com/profile/06127693268170414135noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-65592080774954250842008-10-16T13:02:00.000+08:002008-10-16T13:02:00.000+08:00Dear IvanOur gov never strictly keep their promise...Dear Ivan<BR/>Our gov never strictly keep their promise. In fact, it is justifiable to reduce if not abolish petrol rebate. Perhaps our ministers need to attend assest management course to equip themselve on how to effectively make use of resourse. Take for example, one reason CPO price trade at big discount compare to corn/soya oil is our ever growing stockpile and lack of alternative use of CPO. Msia should start mandatory use of blend petrol or fuel to generate electricity. Policy change must adapt fast, flexible and active rather than passively and over dependent on Petronas.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18183714.post-31622038820790434872008-10-16T11:04:00.000+08:002008-10-16T11:04:00.000+08:00dark wan,what is wrong with yr posting... it is st...dark wan,<BR/><BR/>what is wrong with yr posting... it is stating an obvious... yes I still call a buy at 81... yes its now 73... so??? Why you dont go and write to Buffett that GE or Goldman dropped 15% after he bought shares in them recently... I am not saying I am Buffett, but u r giving a bs posting that adds no value... I did not retract my posting, so whats yr problem... its like me saying your mummy is a woman.. (that may be true, but u sure did not need to hear that right?)...grow up la... dont go making passing investment judging comments on a daily basisSalvadorDalihttps://www.blogger.com/profile/06868577716920232901noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-12088399679481062752008-10-16T09:45:00.000+08:002008-10-16T09:45:00.000+08:00Hi,Am not a financial person, but I am an avid rea...Hi,<BR/><BR/>Am not a financial person, but I am an avid reader of ur blog lately since the AIG thing. <BR/><BR/>Just want to say that u made a wrong assumption here, but I think everyone love to be wrong about that. Haha.<BR/><BR/>"If that being the case, we can safely say the <B>price of oil will not dip below US$75</B>. I would also like to go very long on oil contracts again at US$80-81, rolling till March next year. "<BR/><BR/>At the moment, crude oil price is USD $73.22.<BR/><BR/>http://www.bloomberg.com/markets/commodities/energyprices.htmlDarkWanhttps://www.blogger.com/profile/06149934552219649096noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-19480119480647504282008-10-16T08:57:00.000+08:002008-10-16T08:57:00.000+08:00Yes, you are right.Nobody is talking about going g...Yes, you are right.<BR/><BR/>Nobody is talking about going green now.Chauncey Gardenerhttps://www.blogger.com/profile/18344019401703920785noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-84031777870512368272008-10-16T08:51:00.000+08:002008-10-16T08:51:00.000+08:00Hopefully, after this economic readjustment, auto ...Hopefully, after this economic readjustment, auto and banking companies will become stronger.<BR/><BR/>In reality, if a country purchase in bulk for commodities, normally the prices they obtained is 5%-10% below the quoted market price. Most of them have their price remained fixed for at least a year and also depends on the negotiators. <BR/><BR/>Taking another spectrum of issues, with the slowing demands in US retails, one of the actions US Congressmen should consider is to curb outsourcing in lower cost countries by enacting laws. This will bring back jobs to US. Some may argue this make no economic sense. On the hindsight, this will help to re-generate income in this region and a stronger spending at the end of days. <BR/><BR/>I also disagree of some sayings that Asia will overtake US as the next consumption locomotive. If you look at it, the Asia consumer spending pattern is careful, and this will remain as their habits and it cann't change overnight.<BR/><BR/>The more important thing now, other than boosting the credit circulation, is also to stabilize the forex fluctuations. This will in turn reduces imported inflation and better biz prifit forecast, hence more certainty in job market.solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-44989039506716080882008-10-16T01:15:00.000+08:002008-10-16T01:15:00.000+08:00Hng,Gov already say it. they must implement it esp...Hng,<BR/><BR/>Gov already say it. they must implement it espesially with Msia politic risk now :D<BR/>if not, sure many plp blame liao lo . .perhaps , gov will implement another "tax" in social to offset the burden -RM625. <BR/><BR/>2) that is a "cost" for gov to pay due their "investment" are fail. I am sure, they do expect the oil price is keep going on and they will earn a sexy income due earning in petronas :DIvanhttps://www.blogger.com/profile/06127693268170414135noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-23155586673575993822008-10-16T00:09:00.000+08:002008-10-16T00:09:00.000+08:00Markets are never efficient. To achieve that, we e...Markets are never efficient. To achieve that, we either need to squash competitions to 0 or encourage competitions till there are no monopolies. Either seems impossible and hence one cannot correlate the price of oil with everything else..<BR/><BR/>Here is a more simple thought that makes more sense ....<BR/><BR/>Dr. Marc Faber concluded his monthly bulletin (June 2008) with the following: ”The federal government is sending each of us a $600 rebate.<BR/>If we spend that money at Wal-Mart, the money goes to China . If we spend it on gasoline, it goes to the Arabs. If we buy a computer,it will go to India.<BR/><BR/>If we purchase fruit and vegetables, it will go to Mexico, Honduras and Guatemala. If we purchase a good car it will go to Germany . If we purchase useless crap, it will go to Taiwan and none of it will help the American economy.<BR/><BR/>The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US.<BR/><BR/>http://daddyparentingtips.blogspot.com/Philip Leehttps://www.blogger.com/profile/06858719802041921980noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-68952259665324327032008-10-15T18:23:00.000+08:002008-10-15T18:23:00.000+08:00Petrol price decrease 3rd time by 15 sen. I think ...Petrol price decrease 3rd time by 15 sen. I think petrol price may decrease further by end of this month. However, with series of decrease in petrol price, suprisingly gov still keep petrol rebate RM 625 unchanged. I worry gov deficit will keep worsening as CPO, crude oil continue on downtreand. A lot of project under 9 Msia plan could not executed and corridor development also may not continue in view of new PM in next year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18183714.post-54675312030337454052008-10-15T15:25:00.000+08:002008-10-15T15:25:00.000+08:00The world economy had been self-destruct with the ...The world economy had been self-destruct with the never before seen of ultimate super duper everlasting highest of the most inflationary in this era with this nonsense forever injection of liquidity for bailout with unlimited <BR/>amount of printed money and the forever unlimited demand for the bubble of commodities mania !!!!!!!Gamelionhttps://www.blogger.com/profile/06590831967204466136noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-1068942034591644392008-10-15T09:34:00.000+08:002008-10-15T09:34:00.000+08:00Agreed with your points highlited in this article....Agreed with your points highlited in this article. However, my opinion do differ in the following area:<BR/><BR/>i) In a highly competitive business of today, it's quite common for prices to below marginal production cost, particularly in the periods when the bases of prices and marginal costs were derive from peak cycle but demand destruction had raise its ugly face. Take for example:<BR/><BR/>Nickel - marginal cost/MT is US$ 18000, but today selling price =US$ 13000; but the marginal cost 2years ago at US$ 8000/MT.<BR/><BR/>Scrap Iron = marginal cost/MT = US$400 but selling price = US$320/MT<BR/>;but marginal cost 2 year ago at US$ 150/MT.<BR/><BR/>Hence, assuming yr production costs of oil quoated is correct, i think when the force of demand destruction raise its ugly face, oil prices will be naturally below its marginal cost. Bear in mind...the forces of inflation will be evaporated at the rate faster than our general feeling.<BR/><BR/>The above analysis is purely confined to the price and marginal costs only. That is hypothetical for our comprehension. Far from reality.<BR/><BR/>If you factor in other business aspect like inventory position, order cancellation, bad debt, extended collection period etc with each company having a different scenario.....this may resulted in a cut throat competition when the demand and good customers becoming a scarcity animal.<BR/><BR/>Good day.Datukhttps://www.blogger.com/profile/07354574631891772131noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-37048635802163525032008-10-15T08:02:00.000+08:002008-10-15T08:02:00.000+08:00didn't goldman sach lowered their projection for o...didn't goldman sach lowered their projection for oils next year to reach $50 per barrel citing demand destruction ?Unknownhttps://www.blogger.com/profile/08313271909311887236noreply@blogger.com