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O&G maintenance, construction and modifications

qqq3
Publish date: Wed, 06 Mar 2019, 10:57 AM
qqq3
0 148
"people want to invest, they want to be successful.......they need to have big dreams, and grit....and of course, knowledge and mind set."

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Discussions
1 person likes this. Showing 9 of 9 comments

huatahhuat

All in dayang already.

2019-03-06 11:29

Shinnzaii

Mana Uzma?...hehe

2019-03-06 11:33

qqq3

and UZMA too

2019-03-06 11:43

qqq3

Dayang,

Carimin,

Penergy

T7 Global

Deleum

UZMA

Dayang makes the most sense........

2019-03-06 11:44

uptrending

Haha! Very lucrative lah! Excluding the write back of impairment loss, Dayang achieved a gross margin of 50%.

2019-03-06 13:25

cheoky

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

uptrending

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

qqq3

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

qqq3

cheoky............I am not encouraging or discouraging you. Hence, I have no desire to claim any credit.

2019-03-07 01:31

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