O&G maintenance, construction and modifications ( MCM ).
Companies in this sector........
Dayang,
Carimin,
Penergy
T7 Global
Deleum
and many others, including unlisted companies, a very competitive industry.........
even big blue chips like Serba and Dialog also got some contributions from this sector.
Every company is different , own strength and weaknesses and focus..........the key words being it is a highly competitive industry
After the recent hoo ha, what next?
Stalling? Taking a breather for next surge?
Trade / Invest with eyes open. No free lunch, no free money dropping from the sky.
I am not encouraging or discouraging. Your money any way.
Created by qqq3 | Sep 25, 2019
Created by qqq3 | Sep 23, 2019
Created by qqq3 | Sep 18, 2019
Dayang,
Carimin,
Penergy
T7 Global
Deleum
UZMA
Dayang makes the most sense........
2019-03-06 11:44
Haha! Very lucrative lah! Excluding the write back of impairment loss, Dayang achieved a gross margin of 50%.
2019-03-06 13:25
What message you are trying to bring out? U macam rubbish politician you know. After this if dayang plunge u will said i told u so, if dayang go up, you will said i hinted you. At the end, you just want an ego attention like a little boy. Wrong? Want non competitive industry? Buy ucrest lo.
2019-03-06 13:30
Dayang is a super company loh because if you check it out, Petra Energy only last quarter results gross margin is only about 16%...
2019-03-06 13:56
Dayang makes the most sense........However,
a few points to note...
This industry is very lumpy, feast or famine is not unusual....maintenance picked up recently after being postponed for several years.
This quarter unlikely to repeat the 10 sen eps of last quarter which was inflated by writebacks
Expected rights issue this year...The Company is under bank Negara protection which expires this year and the loans MUST be restructured before then.
This year Petronas Budget cuts.....more jobs and less budget means margins will be little......All PSC contractors need Petronas approvals for expenditures...and Petronas Budget is involved one way or another with all of them.
very competitive industry......
this thing ONLY for trading....does not appeal to investors......
2019-03-06 15:49
cheoky............I am not encouraging or discouraging you. Hence, I have no desire to claim any credit.
2019-03-07 01:31
huatahhuat
All in dayang already.
2019-03-06 11:29