*Official* MasterLeong Thread

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MasterLeong

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One of the big surprises from today’s OPEC meeting was that Indonesia was booted from the cartel.

The country’s output quota is said to have been redistributed to some of the remaining OPEC members.
 

MasterLeong

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Reuters is now also reporting that OPEC has agreed to cut output, but gives no details on the actual amount.

The deal was sealed as Saudi Arabia said it was prepared to take “a big hit” on its production and agree to let rival Iran increase production to presanction levels, according to the newswire.
 

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In other headlines out of Vienna just now, according to reports:

- Saudi Arabia will cut output to 10.06 million barrels a day. The nation produced 10.55 million barrels a day in November, according to Vienna-based JBC Energy

- Iranian output will be capped at 3.797 million barrels a day, enough to allow the country to return to presanction levels

- The output deal will be effective in January and will last for six months, but can be extended

- Indonesia is said to have been suspended from OPEC, with some of the remaining member states snapping up the country’s quota
 

MasterLeong

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The output deal will be effective in January and will last for six months, but can be extended


2017 super bull lai liao la!!!!!!!


HUAT AH $$$$$$$$$$$$$$$$$$
 

MasterLeong

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Yes I saw chengdu mall worst than orchard! They still laugh at sg for ghost malls.

Imagine taobao at ur doorstep, only atas mall is profitable for the rich. The middle class are struggling

that's why I often say that overseas assets are much higher risk

in SG u can go down check the malls yourself

China malls... how to check?
 
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another yzj holder!!! whats ur base price?

0.91. I still firmly believe it is a good company with good management. But I entered when I wasn't thinking properly.
Back in 1H2016, the big oil boys were meeting to discuss and I kinda speculated (gambled). Hehehehe :s13::s13: Pay school fee is okay
 

Weaboo

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0.91. I still firmly believe it is a good company with good management. But I entered when I wasn't thinking properly.
Back in 1H2016, the big oil boys were meeting to discuss and I kinda speculated (gambled). Hehehehe :s13::s13: Pay school fee is okay
if rise back to ur 91 then huat arghhh
 

strangerjun

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ahhh so fast?

KC i thinking to aim $7-8

edmw capital bought half mil worth at $8, u forgot?

need wait long long time before can hit that price.. Take some profits off the table can find other opportunities.

Kep corp their main holding?
 
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MasterLeong

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Is it my Yangzijiang got hope liao? :s13::(:s13::(:s13:

YZJ is repair ships one... think they got make some oil rigs but small part of their biz... in china really super over supply of shipyards... too many zombie yards

still YZJ should rally with the other marine stocks tomorrow
 
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