Tuesday, December 6, 2016 1:41 PM EDT
$60 Brent by Christmas is highly probable: Next $85?
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Andrew Butter started off in construction in UAE and Saudi Arabia; after the invasion of Kuwait opened Dryland Consultants in partnership with an economist doing primary and secondary research and building econometric models, clients included Bechtel, Unilever, BP, Honda, Emirates Airlines, ... more
Andrew Butter started off in construction in UAE and Saudi Arabia; after the invasion of Kuwait opened Dryland Consultants in partnership with an economist doing primary and secondary research and building econometric models, clients included Bechtel, Unilever, BP, Honda, Emirates Airlines, and Dubai Government.
Split up with partner in 1995 and re-started the firm as ABMC mainly doing strategy, business plans, and valuations of businesses and commercial real estate, initially as a subcontractor for Cushman & Wakefield and later for Moore Stephens. Set up a capability to manage real estate development in Dubai and Abu Dhabi in 2000, typically advised / directed from bare-land to tendering the main construction contract.
Put the unit on ice in 2007 in anticipation of the popping of the Dubai bubble,defensive investment strategies relating to the credit crunch; spent most of 2008 trying to figure out how bubbles work, writing a book called BubbleOmics.
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ALL CONTRIBUTIONS
Brent To $85 By Christmas?
Friday, May 27, 2016 11:34 PM EDT
The Black Swan spotter, which saw the oil crash coming, now says the “Invisible Hand” will push Brent to $85 before the end of the year.
The Oil Bubble...Which Just Bust...Was Caused By Derivatives: That’s Why Shale Oil Is Finished
Friday, August 21, 2015 3:15 PM EDT
There are plenty of reasons put-forward for why oil prices more than halved over the past year. But no one’s talking about a bubble that bust; seems like the world is wallowing in denial.
Oil Price Ten Year Forecast To 2025: Importers Set To Receive $600 Billion Refund
Tuesday, January 13, 2015 12:12 PM EDT
Whether or not $125 Brent in 2011 and $140 Brent in 2008 were bubbles...certainly not many are talking in those terms...the price today is indeed less than half of what it was in 2011, which is pretty much what the analysis in 2010 said would happen.
When Oil Drops Below $70
Tuesday, October 28, 2014 11:11 AM EDT
Since mid 2011 oil has been in a bubble and one day Brent will go down below $70 and stay under $90 for as long as it was over $90.
July 2011 Was A Good Time To Buy Italy's Debt: The Euro Prevails, Get Used To It
Tuesday, May 7, 2013 9:15 AM EDT
I got a lot of hate mail for saying in July, 2011 that it was a good time to buy Italian debt. Finally the penny did drop and Italy, despite all the alarmist press, is not a basket case; my points then (nearly two years ago)...
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STOCKS I FOLLOW
| FB | Facebook Inc |
| FXE | Euro Currency Trust |
| GLD | SPDR Gold Trust ETF |
| GS | Goldman Sachs Group Inc. |
| HERO | Hercules Offshore Inc. |
| HOT | Starwood Hotel & Resorts Worldwide Inc. |
| ITE | SPDR Lehman Intermediate Term Treasury ETF |
| MCO | Moody's Corporation |
| OILB | iPath B S&P GSCI Crude Oil TR ETN |
| SPY | SPDR S&P 500 |
| TM | Toyota Motor Corporation |
| XHB | SPDR S&P HMBLDRS IDX FND |
| XLF | Financial Select Sector SPDR |
TWEETS
PERSONAL BLOG
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Work Experience
| Tourism Strategy Consulting | |
| ABMC | |
| January 2013 - Present (6 years 5 months) | |
| Recently completed a study for Ras Al Khaimah Tourism Development Authority included recommendations on market positioning and top-line development strategies. |
| Project Manager | |
| GPMC | |
| March 2012 - Present (7 years 3 months) | |
| Project managing elements of Basic Design of float-over, float-off/on and launch barges; and Self-Elevating Service Vessels classed under ABS, LR and B-V Rules, analysis for load/float on/off and transportation, launch and installation analysis for jackets topsides and other cargo, line management as designated Single Point of Contact of critical operations for above including planning, scheduling, preparing method statements, risk analysis, oversight of H.S.E. and monitoring progress. |
| Writer | |
| Seeking Alpha | |
| September 2008 - Present (10 years 9 months) | |
| I write about market disequilibrium and valuation in the context of US, UK, Hong Kong and Dubai property prices, tourism and hotel markets, oil prices, bonds the US stockmarket and gold. |
| Partner | |
| ABMC | |
| July 1999 - Present (20 years 1 month) | |
| Professional license company registered in Dubai since 1999. Registered activities are Engineering, Management Consulting and Marketing Consulting. |
Education
| Cambridge University | |
| M.A., Bio-Resource Engineeriing | |
| 1972 / 1975 | |
| Animal Nutrition, Statistics and Experimental Design, Irrigation Engineering, Electrical Engineering, Mechanical Engineering, Structural Engineering, Entomology, Animal Production, Marketing, Economics |
| Leeds Art College | |
| Diploma, Fine Art | |
| 1971 / 1972 | |
| Primarily Conceptual |
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