-
23-10-2018, 03:10 PM
#13941
Originally Posted by couta1
Acting like a real dog this one, I swapped a 10k divvy for a 60k red arrow, not a particularly tasteful swap.Lol
The whole market is acting like a mutt with fleas, mange and worms. I guess the question is what happens to the 33 year old prince in charge of Saudi Arabia when it becomes obvious, (if it isn't already), that he was directly responsible for ordering the brutal killing of that journalist ? Does his 82 year old father appoint someone else when the whole world tries to sanction the Saudi's for this deplorable action or does the prince, (spoilt brat that's been wildly over indulged ?) give the fingers to the west and pull back on oil production and throw the supply demand situation for oil into complete disarray sending oil into the stratosphere ?
Like it or not the Saudi's have the power to cripple the world by withdrawing a massive part of their oil supply sending prices skyrocketing. There's a chance this thing gets even uglier than it already is and we all know airlines are massive consumers of oil.
Last edited by Beagle; 23-10-2018 at 03:18 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
23-10-2018, 03:41 PM
#13942
You know things are ugly when the forum is as quiet as a church mouse bar a half a dozen posters.Lol
Last edited by couta1; 23-10-2018 at 03:42 PM.
-
23-10-2018, 04:12 PM
#13943
Originally Posted by couta1
You know things are ugly when the forum is as quiet as a church mouse bar a half a dozen posters.Lol
Well, maybe it is just the great weather outside ...
... posting from my deck chair in the sun ;
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
23-10-2018, 06:04 PM
#13944
Originally Posted by couta1
You know things are ugly when the forum is as quiet as a church mouse bar a half a dozen posters.Lol
Yes indeed.
-
23-10-2018, 09:42 PM
#13945
Originally Posted by Beagle
Like it or not the Saudi's have the power to cripple the world by withdrawing a massive part of their oil supply sending prices skyrocketing. There's a chance this thing gets even uglier than it already is and we all know airlines are massive consumers of oil.
I don't think this is quite correct. Saudi Arabia has a large budget deficit, high unemployment and an increasingly restless and mostly young population. They can't afford to turn off the taps. They need to sell oil to get the money to keep the population happy and avoid an Arab spring like movement.
Not just now either, but over the next 10-20 years, the last thing the Saudis want is another big price spike that further encourages investment in alternative oil sources and non-oil replacements that would depress the oil price long term.
-
25-10-2018, 12:27 PM
#13946
QAN quarterly update across the ditch looks pretty good. Should help sentiment.
Disc - not a holding
-
25-10-2018, 04:02 PM
#13947
Originally Posted by sb9
QAN quarterly update across the ditch looks pretty good. Should help sentiment.
Disc - not a holding
Down 23 cps now, just over 4% to A$5.39. Haven't read it but there could be something in there the market isn't especially keen on ? I guess the worry is outlook both in terms of the oil price and what might happen to demand if the market gets even more bearish.
Last edited by Beagle; 25-10-2018 at 04:05 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
26-10-2018, 01:30 PM
#13948
Queer and Nasty Airlines report higher revenue and higher fares.
https://www.smh.com.au/business/comp...25-p50bt5.html
Boop boop de do
Marilyn
PS> Oops sb9 beat me with his post.
Last edited by Marilyn Munroe; 26-10-2018 at 01:32 PM.
Reason: added PS
Diamonds are a girls best friend.
-
28-10-2018, 12:07 PM
#13949
https://www.nzherald.co.nz/business/...ectid=12148774 Back to the future. Meals and baggage included in the price.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
29-10-2018, 04:23 PM
#13950
But now the divorce from Virgin is final AIR are firing back with the first round of the acrimonious ? competitive battle. https://www.airnewzealand.co.nz/auss...FdOhaAodtLMAEg
$149 to Aussie, cheap as chips.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks