https://www.theedgemarkets.com/article/tsmc-sales-soar-44-another-sign-resilient-tech-demand

Another 1.5M BOPD is off the market since last week, more pain to the tight market. $150/bbl soon
https://www.dw.com/en/russia-targets-eu-cutting-off-kazakhstans-oil-exports/a-62408644

https://oilprice.com/Energy/Crude-Oil/Recession-Fears-Cant-Curb-The-Commodity-Boom.html

https://asia.nikkei.com/Business/Tech/Semiconductors/Taiwan-s-Foxconn-plans-to-build-chip-facility-in-Malaysia-amid-EV-push

FY2022 Offtake Schedule Figure 2 below illustrates the latest estimate of the Group’s oil and condensate offtake schedule and gas sales from our producing assets for the Next Quarter and FY2022. As of 31 March 2022, we have sold a total of 2.6 MMboe of oil, condensate and gas net to the Group. For FY2022, we estimate to deliver a total of approximately 4.6 MMboe of oil, condensate and gas, net to the Group.

How much they sold so far after 3Q? 2.5mil bbl? How much they expect to sell for FY22? 4.6Mil bbl, means last Quarter Apr-Jun they will sell 2.1mil which is equal to Total of last 9 months, Q4 revenue should be RM1.01Bil if oil price stay at $110, MYR 4.4. so how much is PAT with RM1.01B Revenue?

JV with Foxconn to setup a new plant for smaller chip, is this a trap? LOL

QR expecting the expected in line with Global Oil companies massive profit. RM2.00 is minimum, last call to buy.

What is wrong with 777, from hard core Dnex to rotten egg smelly? LOL

Dnex benefited sket lah with 3000bopd from high oil price, can not compare Hiby 23000boepd, DNEX ada chip Hiby no chip, so 2x5 , 5x2 lah why crying like a babies, wait for QR loh

Told your JV with Foxconn coming since Jan-22, MOU signed next is agreement and ground breaking, DNEX is going forward, bye crying babies..

Every oil company reported impressive QR, time for Hibiscus to explode soon. Yeehaaa...

U.S. refiner Marathon Petroleum Corp (NYSE:MPC) was trading up over 4.3% close to close Tuesday after posting Q1 earnings showing an impressive jump in profit on the back of soaring oil prices and post-pandemic economic recovery.

Marathon reported net profit of $845 million ($1.49 per share) for Q1, up from a loss of $242 million for the same quarter a year ago. The refiner also reported revenue gaining 68% on the quarter for #38.8 billion, up from $22.88 billion a year ago.

Only one company in Bursa will enjoy the same benefits as global E&P players. You are looking at it.

Upstream Oil Industry To See Highest Profits Ever In 2022
By Rystad Energy - May 03, 2022, 9:00 AM CDT
Total free-cash-flow from E&Ps soared from $126 billion in 2020 to almost $500 billion in 2021.
Rystad: the current financial health of public upstream operators is at an all-time high.
Rystad: total free-cash-flow could total as much as $834 billion in 2022.

Guys guess how much Q3-22 result for Hibiscus to announce this month? I think RM200M excluding one time Goodwill gain

BP boosted its share buyback program after net profit soared to its highest in more than a decade on strong oil and gas trading results, as the energy company took a $24 billion charge after exiting its operations in Russia.

Soaring oil and gas prices in the wake of the Russian invasion of Ukraine on Feb. 24 easily offset losses BP incurred from abruptly abandoning its shareholdings in Russia, including its 19.75% stake in oil giant Rosneft ROSN.MM.

Chevron’s profit quadruples in the first quarter as higher oil and gas prices boost operations

Buy Buy wait for 4 weeks time The biggest QR ever

We all remember Trevor777 was once a hardcore diehard DX supporter why suddenly become so negative? Hmmmm.. is this different Trevor?

Slow steady and surely marching to 1.5 soon. 6-8 weeks time

Oil prices rose in volatile trading on Wednesday, supported by disruption of Russian and Kazakh crude exports via the CPC pipeline.

Brent crude futures were up $5.22, or 4.5%, at $120.75 per barrel. Prices had earlier fallen to a low of $114.45.

How to secured the big money to buy 359Mil share? New shareholder to shake the tree.

Another uptrend week ahead. Holding tight

Oil prices rallied early on Monday amid EU consultations about potentially joining the U.S. in banning imports of Russian oil.

As of 7:45 a.m. ET on Monday, WTI Crude was up 3.87% at $108.91 and Brent Crude was trading up 3.93% at $114.29

Micheal Tang knows the QR result is soooooo good he can't help to keep buying from open market.

Hibiscus is a time ticking bomb waiting to explode soon.

Good time to collect slowly..

Hibiscus should be worth 2 even oil price at $90. Today oil is $128, it should be 1.5 min, BUY CALL NOW

Dnex buy call TP1.60 by June.

In line with this, Yap said the research house maintained its ?overweight? call on the O&G sector, and that his top picks for the sector are Dagang NeXchange Bhd (DNeX), Bumi Armada Bhd and Dialog Group Bhd.

?Our top picks for the sector are DNeX ("buy"; target price [TP]: RM1.64) as it stands to be a direct beneficiary of soaring oil prices from their Anasuria oil-producing assets and strong average selling price (ASP) growth from Silterra.

?Bumi Armada ("buy"; TP: 84 sen) given its foothold in the floating production storage and offloading business, which provides steady recurring income, coupled with speedy enhancement of its debt profile.

?Dialog ("buy"; TP: RM3.32) for its recurring income type of business model and we deem it as one of the only listed secular growth stocks in the local oil and gas space,? he said.

Meow2 got suspended in SD now come here loliloso again.. KNN.

KYY will sell cheap to you.LOL

Ok later I ask the BOD why ya..

Sorry highly confidential but rest assured the management working hard to add value. Do you think Silterra is the end game?

Foxconn JV is in the final discussion, keep your share. Highly confidential news.

The IT segments contribute operating profits in line with revenue for the current quarter while the energy segments provide slightly lower operating profits mainly due to lower uplifting in the current quarter," it said.

Moving forward, DNeX is optimistic that semiconductor wafer foundry, SilTerra Malaysia Sdn Bhd, will deliver continuous growth as further investments are made to improve production capacity and efficiency yields.

Capital expenditure (capex) investment totalling RM645 million has been earmarked to increase the annual production capacity of SilTerra by 20 per cent to 10 million mask layers annually, which will be ready by early 2023.

King Musang was right QR will be good but not Great, oil from Ping min, 80% from Silterra, need factory expansion asap to increase PAT. Average 150-200Mil PAT for now. What is Inari and Vitrox PE? How nuch should Dnex worth? Do you calculation.

Hibiscus TP2 with oil price $75, PAT RM500mil EPS 0.24, PE10 TP=2.4, huahhh ahhh