I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Sunday, 19 October 2014

Kep Corp's Order Book and Net Order Book



How bad can it be?

 Can tahan?


Posted by Createwealth8888 at 21:31
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1 comment:

  1. Createwealth888824 October 2014 at 07:45:00 GMT+8



    NEW YORK: Oil prices rebounded on Thursday (Oct 23) from a two-year low in New York on encouraging Chinese and German economic data and reports of Saudi Arabia cutbacks.

    US benchmark West Texas Intermediate for December delivery advanced US$1.57 to close at US$82.09 a barrel on the New York Mercantile Exchange. The WTI futures contract closed on Wednesday at its lowest level since late June 2012.

    Brent North Sea crude for December jumped US$2.12 to settle at US$86.83 a barrel in London trade.

    "Oil prices saw a strong turnaround today on the news Saudi Arabia cut its crude supply to the market in September, and signs from China and Germany that the global growth situation maybe not as gloomy as expected," said CMC Markets analyst Jasper Lawler.

    British banking giant HSBC's preliminary manufacturing purchasing managers index (PMI) for China showed a slight uptick, to 50.4 in October from 50.2 in September, easing concerns about slowing economic growth in the world's largest energy consumer.

    Meanwhile, Markit's PMI for Germany rose to 54.3 in October from 54.1 in September, with manufacturing rising at the fastest pace in three months but still well below the levels seen at the start of the year.

    The WTI contract also benefited from rallying Wall Street stocks on the back of good company earnings, said Andy Lipow of Lipow Oil Associates. "Some of it may also be a rebound. We did test US$80, within five cents," Lipow said.

    On Wednesday the market tanked after the US government reported a large increase in crude-oil inventories, 7.1 million barrels, last week in the United States, the biggest consumer of crude.

    "The bearish oil fundamentals verify the slowdown in the US oil demand, following the recent tepid US macroeconomic data," said Sucden analyst Myrto Sokou.

    - AFP/de

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