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源盛贸易公司 

源盛贸易公司 电部灯线等供应商

after tu new year bash, rush, celebrations, etc., now it is quiet n hot.    

http://www.news.com.au/dailytelegraph/story/0,22049,21158202-5001021,00.htmlExxon's $51,000,000,000 profit

OIL giant Exxon Mobil has posted the largest annual profit by a US company – $US39.5 billion ($51.0 billion). Rival Shell has done likewise in the UK.

It also equals the approximate gross domestic product - a measure of all goods and services produced within a country in a given year - of countries like Ecuador, Luxembourg and Croatia.

Also eye-popping was Exxon Mobil's revenue, which rose to $US377.64 billion - nearly half a trillion Australian dollars - surpassing the record $US370.68 billion it posted in 2005.

"Exxon Mobil continued to leverage its globally diverse resource base to bring additional crude oil and natural gas to market," said Rex W. Tillerson, chairman of the Texas-based company.

Exxon Mobil's record annual earnings followed a year of extraordinarily high energy prices as crude oil topped $US78 a barrel in the summer – driving up average gasoline prices in the United States to more than $US3 a gallon - and beyond $1.40 a litre here in Australia.

Exxon shares rose US47c to $US74.57 in afternoon trading on the New York Stock Exchange.

Meanwhile in Europe, competitor Royal Dutch Shell reported net income was $US25.4 billion ($32.8 billion), a record for a UK-listed company.

- with AP

http://www.tims-penang-traveltips.com/petrol-stations.htm

http://news.google.com.my/news?gbv=2&hl=en&tab=in&q=exxon+mobil+net+profit+2008&btnG=Search

http://www.fool.com/investing/dividends-income/2008/05/27/big-oil-ruined-my-life.aspx

http://www.thevine.com.au/

http://www.fool.com/investing/dividends-income/2008/05/27/big-oil-ruined-my-life.aspx

Yes, oil companies are making unprecedented amounts of money. ExxonMobil (NYSE: XOM) made more than $40 billion in 2007, up from $11.7 billion in 1997. The main driver behind the surge was an increase in the price of crude, now topping $130 a barrel. But the increase was not due to some sort of newfound profit wizardry, despite the complaint du jour.

How do we know? Look at Exxon's profit margins over the past five years:

Metric	2007	2006	2005	2004	2003
Revenue	$390.3 billion	$365.4 billion	$358.9 billion	$291.2 billion	$237.0 billion
Net income	$40.6 billion	$39.5 billion	$36.1 billion	$25.3 billion	$21.5 billion
Profit margin	10.4%	10.8%	10%	8.6%	9%

Profit margins hovering around 9% to 10% are hardly anything to be giddy over. To put it in perspective, Google's (Nasdaq: GOOG) profit margin was more than 25% in 2007, while Microsoft's (Nasdaq: MSFT) exceeded 27%. Big Oil's net income is such an eye-catching dollar amount because -- not to be master of the obvious -- oil is really expensive, and we use a lot of it.

Ah-ha!
That leads us to a new road: Big Oil must be behind crude oil's ghastly price. Those thieves!

Easy there, Sherlock. Consider:

• The U.S imports nearly 60% of oil from foreign countries, the biggest of which include Canada, Saudi Arabia, Mexico, Nigeria, Venezuela, and Iraq.
• The largest U.S oil company, ExxonMobil, produces just 3% of world oil supply.

The argument that the run-up in price owes to Big Oil manipulating supply ignores an important fact: An overwhelming amount of oil production is controlled by nationalized companies you've probably never heard of. Most of them could give a hoot what you think, for that matter. One of them -- Saudi Aramco -- claims almost a quarter of the world's conventional oil reserves, and boasts on a company-affiliate website that a single day's oil production could make enough gasoline to drive roundtrip to Mars 48 times.

Have you ever heard of Sonatrach? OAO Rosneft? Qatar General Petroleum? They're all oil companies, and they're all much, much bigger than anything based in America. Despite their intimidating size, Big Oil companies such as Exxon, Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), and Marathon Oil (NYSE: MRO) are small fish in a very large pond. Their ability to control price is about as strong as my ability to manhandle Shaq.

http://www.businessweek.com/investor/content/jun2008/pi2008063_252790.htm?chan=top+news_top+news+index_investing

True, much of its huge profits are currently driven by skyrocketing crude oil prices. But even if oil prices moderate, Exxon Mobil's awesome earnings aren't likely to crash, Helm argues

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20080523/oil_profits_080523/20080524?hub=TopStories

The common narrative is that oil companies are making record profits, and the numbers don't lie. ExxonMobil made US$40.6 billion in profits in 2007 -- about US$1,300 of profit every second of the year. Royal Dutch Shell made a mere US$31 billion in net income in 2007.

The cost of oil production

A Bank of Kuwait report released in mid-2006 said that the break-even point for a Canadian oilsands producer on a barrel of crude oil is US$33. In Saudi Arabia, the number was US$30. In Kuwait, it was only US$17.

With crude oil passing $133 a barrel on Thursday, nearing three times the price of a barrel in January 2007, the sheer profit is staggering.

John Hofmeister -- president of Shell Oil, the U.S. branch of Royal Dutch Shell -- told the Senate committee this week that his company could be successful with prices at $35 to $65 a barrel.

The other oil executives sitting with him weren't impressed with that statement.

Oil profits sky-high and unlikely to come down
CTV.ca, Canada - May 24, 2008
Exxon Mobil made US$40.6 billion in profits in 2007 -- about US$1300 of profit every second of the year. Royal Dutch Shell made a mere US$31 billion in net ...
America's Energy Policy: Coming to Terms with Reality Seeking Alpha
all 825 news articles »   KDQ:095910

read these up yourselves, talking about oil

http://news.google.com.my/news?gbv=2&hl=en&tab=in&q=exxon+mobil+net+profit+2008&btnG=Search

http://opinions.sinchew-i.com/node/5919?tid=12   日本：電車男殺人事件

ooi ack @ pg on 15062008   

oil prices surge    ooi ack on 15/6/08 

http://www.spiegel.de/international/world/0,1518,529564,00.html   'International Oil Companies Are the Real Dinosaurs'

TEXT-S&P: Sovereign wealth funds support Gulf credit quality Reuters UK, UK - 11 Jun 2008 Since 2002, the cumulative current account surplus of the GCC countries is estimated to have reached almost $1 trillion in 2008, most of which is stored in ...

Emirates Business 24/7

GCC economy set to exceed $1tr this year Middle East North Africa Financial Network, Jordan - 10 Jun 2008 While GCC's average fiscal surplus is expected to reach 35 per cent of GDP in 2008, the aggregate current account surplus will near 40 per cent of GDP this ... Revalution ought to top agenda in Doha Emirates Business 24/7 GCC economy set to exceed $1tr mark Middle East North Africa Financial Network all 105 news articles »

http://news.google.com.my/news?ned=au&hl=en&ned=au&q=Gulf+current+account+surplus&btnG=Search+News

oil - Gulf current account surplus    

ooiack   @ pg   15/6/2008 sunday 

http://www.myspace.com/bittersweettunes  relax with good music 

http://www.france24.com/en/20080602-designer-yves-saint-laurent-dead-fashion&navi=MONDE

http://news.google.com.my/nwshp?hl=en&tab=wn&ncl=1218257287&topic=h

Yves Saint Laurent dead at 71
New York Daily News - 1 hour ago
BY ELOISE PARKER Iconic fashion designer Yves Saint Laurent, dubbed "The King of Fashion," died Sunday evening at the age of 71.
Legendary designer Yves Saint Laurent dies at 71 The Associated Press
Fashion legend Yves Saint Laurent, 71, dies in Paris USA Today
Los Angeles Times - New York Magazine - Bloomberg - United Press International
all 412 news articles »

http://www.iht.com/articles/2008/06/02/style/01cndlaurent.php

http://latimesblogs.latimes.com/thedishrag/2008/06/iconic-designer.html

http://latimesblogs.latimes.com/thedishrag/2008/06/iconic-designer.html?cid=117158234#comments

http://www.telegraph.co.uk/news/obituaries/2063264/Yves-Saint-Laurent.html

http://www.dailymail.co.uk/news/article-1023485/Aged-71-Yves-Saint-Laurent-dies.html

http://www.dailymail.co.uk/news/article-1023485/Designer-creative-pioneer-Yves-Saint-Laurent-dies-aged-71.html

http://www.livenews.com.au/Articles/2008/06/02/Sydneys_population_set_to_soar_to_over_five_million

http://women.timesonline.co.uk/tol/life_and_style/women/fashion/article4046637.ece

"He accompanied me to walk over many years of my glamorous youth, good bye YSL."   ooi ack

ooi ack   2 june 2008       

小黄小黄特许会计师事务所
http://news.google.com.my/nwshp?hl=en&tab=wn&ncl=1149005646&topic=b
http://news.bbc.co.uk/2/hi/business/7339864.stm

    10apr08

March 12 2008 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke's latest attempt to alleviate seized-up credit markets marks his most direct effort yet to repair the mortgage meltdown that poses the biggest threat to the economy

The Fed pledged yesterday to lend, in return for mortgage debt, $200 billion of Treasuries to the securities firms that trade directly with the central bank. Officials told reporters later that the program may escalate from there as the central bank seeks to break the logjam in the home-loan market.

http://www.bloomberg.com/apps/news?pid=20601103&sid=a6aFI7RKVhEA&refer=news

The Fed said it would lend up to 200 bln usd in Treasuries for up to 28 days against a wide range of collateral, including asset-backed securities that private lenders have been shunning recently.

http://www.forbes.com/markets/feeds/afx/2008/03/12/afx4761665.html

Chairman of the U.S. Federal Reserve Ben Bernanke

12/3/2008    12 Mar at 12:29 GMT       ooia time 9:13pm

Fed Hopes to Ease Strain on Economic Activity
New York Times - 49 minutes ago
By EDMUND L. ANDREWS WASHINGTON - Impelled to take extraordinary measures for the second time in less than a week, the Federal Reserve moved on Tuesday to subdue the deepening crisis in credit markets by stepping up as lender of last resort.
European govt bonds remain softer in wake of central bank ... Forbes
SUSAN TOMPOR Fed offers relief, and Wall St. goes wild Detroit Free Press
Reuters - Washington Post - Bloomberg - Wall Street Journal
all 272 news articles »

ooia @ pg 12/3/2008 tuesday 9:13pm

The KL Composite Index (KLCI) tumbled 123 points, or 9.5%, to a 14-month low of 1,173.2 points in its biggest single-day loss so far. 

The intensive selling activated the circuit breaker at around 3pm. Trading was halted for an hour when the benchmark index plunged 130 points, or 10%, to 1,166. This was the first time the market-wide circuit breaker was activated on Bursa Malaysia. 

The KLCI is down nearly 343 points, or 22.6%, from its record high of 1,516 on Jan 11. Such a drastic fall is a sure sign that the local bourse has turned bearish. 

The ringgit also fell 1.3% to 3.2074 versus the dollar. The drop was seen as evidence of the outflow of foreign investment. 

http://biz.thestar.com.my/news/story.asp?file=/2008/3/11/business/20606308&sec=business

The Kuala Lumpur Composite Index (KLCI) suffered its biggest loss in a decade yesterday on panic selling after the long-ruling Barisan Nasional coalition lost control of four of the country's 13 states as well as its critical two-thirds majority in parliament in weekend elections.

The KLCI dropped more than 10 percent at one point in Monday's trading. The sharp decline triggered the stock exchange's circuit breaker in the afternoon session and caused trading to be suspended for one hour. The KLCI closed at 1,173.22 points, down 123.11 points or 9.5 percent.

http://www.forbes.com/markets/feeds/afx/2008/03/10/afx4755133.html

             ooi a

http://news.my.msn.com/regional/article.aspx?cp-documentid=1278619

http://malaysia.news.yahoo.com/election08/pulau_pinang/index.html

http://thestar.com.my/election/story.asp?file=/2008/3/8/election2008/20080308072033&sec=Election2008&focus=1

 ooi a          8Mar2008

农历戊子年正月初一

2月7日是农历戊子年正月初一，世界各地民众庆祝鼠年的到来.

http://news.bbc.co.uk/chinese/simp/hi/newsid_7230000/newsid_7234100/7234101.stm

http://www.1688.com.au/

http://videos.thestar.com.my/default.aspx?vid=897

http://www.cityofsydney.nsw.gov.au/cny/    click on this syd festivities

georgetown, pg 新春大團拜, do not forget, at downtown, garlics onions streets !

http://mp3.sogou.com/listen.so?query=恭喜发财(&seq=1 click + listen

       ooia

鼠辈
盖茨：键盘滑鼠5年内消失
老鼠打鼓
歲次戊子鼠年 
老鼠當道
百鼠竄動
老鼠威風出街
过街老鼠
老鼠當道

ooia @ pg,my    07 February 2008 Thursday

http://news.google.com.my/nwshp?hl=en&tab=wn&ncl=1127382392&topic=b

http://www.news.com/8301-13860_3-9864236-56.html?tag=nefd.top

http://afp.google.com/article/ALeqM5jTgUvpSc2-Oa-PHqZSYGezBSUA-w

http://www.cbsnews.com/stories/2008/02/04/scitech/pcanswer/main3788635.shtml

I think we got to use lots more Yahoo and Google.

 05/02/2008  tomorrow is luna RAT year eve 除夕,  our traditional biggest dinner feast. well, some cant wait and eat them for lunch. 

買只小老鼠回家過年 ? 今年輪到“鼠老弟”大行其道, 送走了“豬大哥"

                   歲次戊子鼠年

                                                     ooia @ pg 5Feb08