nice sharings there Icon, thanks

https://www.cnbc.com/2019/04/18/oil-prices-heres-what-energy-analysts-are-most-worried-about.html

Libya unrest

“For me, the current major risk event for the oil market is the unrest in Libya,” Stephen Brennock, oil analyst at PVM Oil Associates, told CNBC via email.

“Oil production in the country has yet to be disrupted however I suspect it is a matter of when not if. General Haftar and his eastern Libyan forces are determined to seize Tripoli and with it comes the inevitable risk of supply outages,” Brennock said

Air strikes and explosions hit key OPEC oil producer Libya’s capital in worsening escalation of violence

PUBLISHED AN HOUR AGO

https://www.cnbc.com/2019/04/21/air-strikes-and-explosions-hit-libyas-capital-tripoli.html

I guess UP is the leader in RSPO

not UP meh? they are the one who made palm oil known to the world

walao lady sifu samo...this is the only thing missing in i3!

can we have lady sifu in i3 who do not fight?

capacity utilize only 42%? Then 150 M profit Jaks likely become 63M

Considering the costs of coal (1.4 Billion from EVN pocket per year), pollution, and the fact that hydroelectric does not incur these costs at all...

its very likely the above will be the reality.

CPECC may be happy with a return at long term bond rate....since they had probably gained indirectly by the plant supply scope from China.

Dear sslee, why a shortfall of 11% between Gross Generation and Net energy output? because of the below?

4. Parasitic load, transformer loss, line loss and own power usage.

I dont get it...are they then paid 0.015 $/kWh based on Net energy output?

ok...for defensive strategy they certainly makes sense...all of them having competitive advantage....brilliant selections....thanks little sifu.

all sounds logical....but for plantation isn't those already having thin margin (unlike UP) are the ones will be having explosive gains when turnaround? anything i missed?....but for defensive play its certainly good...as other plantation has to die first before UP

i think i will be buying one of these new stock you had recommended (already have harta and econ a little)...will know after i buy

Other than Econ, Harta...i did not expect at all the others from you...but looks good though...except QL

sendai could be a good buy at this price sifu qqq3...it can be explosive if business turns around well

The equity has grown by just RM45m from RM910m to RM970m, or just a CAGR of 1.2%


Its total short and long-term interest-bearing debts has increased by 132% from RM537m in 2014 to RM1248m in 2018, in just 4 years. Yes, RM1.25 billion, a huge number. The increased in the short-term debt of about 300% is particularly a red flag to watch.

mind boggling

the banks are always the winners

khatulistiwa...please dont spoil the forum space with your mentally dizzying statements like in lioind...nice comments once in a while is OK

thank you

tsunami alert warning:
......................

powerful earthquake had just cracked opened deep sea bed...

after effects massive tsunami is yet to be unleashed.....

it will become bigger and bigger before reaching the shore lines.

these are the breedings of Calvin Tan investment philosophy propagation..he he

@chelsea and @feet...LOL!

now days even before any investment takes place for generating an expected return...the speculators creates this return for them self much ahead..he he

ok sarifah...kamu menang...gayanya lepas install turbine...Jaks akan turbo mode...

saja jangan caci maki kita yang beri nasihat setahu dua...walaupun bercanggahan

sebab tak de catalyst la...susah nak go up...

kecuali sarifah komen setiap hari ..setiap jam..setiap saat...

wei..km ingat commissioning tekan satu butang sudah start ke..ada yang sampai 18 bulan troubleshooting...

start up loss juga covered ke dalam IPP?

semual coal yang di bakar hangus sia-sia selama start up tau tak....selagi kWh tak sampe ke consumer

oh no...petron no for me

guess the management who can consistently find reinvestment opportunities at higher return than cost of equity...'much better than what the market perceives' judged by the current market cap over equity...is the true winner

in a crude manner (with a fixed debt to equity ratio)...

ROE x EQ = COE x MCAP

MCAP/EQ = ROE/COE

the left side follows the right side of the equation

............................

one way to evaluate management is seeing its historical financial statements...

thanks for the free eBook KC

check out what was its price before renegotiation by Najib earlier

Posted by hoplanner > Apr 20, 2019 2:59 PM | Report Abuse

Come Monday iwCity boleh naik ke atau turun?

and it makes full sense on Military equipment which i think - has absolutely no use in the future (fit for museum).

weapons of the future is completely different...its either software or chemical-biological warfare in nature..

I like such initiatives by the present government. Barter is indeed a very efficient - cautious approach to restore the economy.

Kembalikan GST, SST sangat membebankan

By Kasthuri Jeevendran - 19 April 2019

https://malaysiagazette.com/blog/2019/04/19/kembalikan-balik-gst-sst-sangat-membebankan/


Presiden Kebangsaan Parti Gerakan Rakyat Malaysia (GERAKAN), Datuk Dr. Dominic Lau Hoe Chai diiringi Timbalan Presiden GERAKAN, Oh Tong Keong (kiri) dan Setiausaha Agung GERAKAN, Mak Kah Keong (kanan) pada sidang media berkenaan isu semasa GST dan SST di Menara PGRM, Cheras, Kuala Lumpur. foto NOOR ASREKUZAIREY SALIM, 19 APRIL 2019

someone need to create an id - 'Tun & Botak' power

all happened when Tun & Botak sit and makan2 that day...

sifu Punter....what are heavy in your portfolios now? other than econ..what can we buy after the recent project announcements

agree PH will never reinstate GST....

but that is a big bonus if it happens - perhaps it will happen by next election

the current Fundamentals of Myeg are said much better compared to the time when GST was there

i doubt much retailers are in here to say 'everybody is buying'..its more like those in the know are...

most importantly...to execute all these projects...you need an enormous steady stream of foreign workers for years

since whatever projects cancelled earlier had been revived...

it is only prudent to reinstate GST to support these enormous spending

think about it

https://www.thestar.com.my/business/business-news/2018/05/12/stocks-on-the-radar/

MMC Corp Bhd, Malakoff Bhd & DRB-Hicom Bhd

These three stocks have a common controlling shareholder in the form of Tan Sri Syed Mokhtar Albukhary, who is seen as an associate of Dr Mahathir,

MMC Corp has ownership stakes and operations in the shipping, energy and construction industries.

70% of ECRL revenue will come from cargo load: Daim

19 APR 2019


KUALA LUMPUR: Cargo load will be the more profitable sector for the East Coast Rail Link (ECRL) compared with passenger ridership as the rail link will provide a land bridge that will boost freight transactions and cut travel time significantly between Port Klang and Kuantan Port.

Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin (pix) said that cargo load would contribute an estimated 70% to revenue versus 30% for passenger traffic due to its shorter travel time and greater reliability as a mode of transport.

“The ECRL provides a land bridge between Port Klang and Kuantan Port, shortening travel time between the two ports by some 30 hours.

“As a result, ECRL provides for a faster alternative transfer of goods between the two ports compared with the much longer sea route,“ he told Bernama in an interview Thursday.

He was responding to questions on the supplementary agreement signed last week between project owner Malaysia Rail Link Sdn Bhd and its joint venture partner China Communications Construction Company Ltd (CCCC) to manage, operate and maintain the ECRL rail network which would be built at a considerably lower cost.

Daim, the special envoy to Prime Minister Tun Dr Mahathir Mohamad, who managed to finalise the ECRL deal after nine months of negotiations, said the rail link would also connect Kuantan and Port Klang with the various industrial hubs, seaports, tourism nodes, and East coast state capitals.

In the process, it would stimulate new growth along the ECRL corridor, as a result of which would require reliable transport for the transfer of goods and passengers.

“We are expecting the cargo load to be the main contributor to the ECRL, but as development along the rail line and in the east coast increases, passenger load will also automatically increase,“ he said.

As far as passenger traffic is concerned, “we are talking about people visiting their relatives and about tourists being provided with an alternative mode of transport to the east coast”.

“In that sense, we have to ensure that ticket prices are kept affordable,“ he said.

To boost passenger traffic, he said the Pakatan Harapan government decided to re-route the ECRL so that it passes through Putrajaya Sentral, which is a far-sighted move as it will connect the east coast to the federal government administrative centre and “this is important for businesses.”

“This will also help increase passenger load for the ECRL,“ Daim, said, adding the ECRL would now pass through five states – Selangor-Federal Territory-Putrajaya, Negeri Sembilan, Pahang, Terengganu and Kelantan, under the renegotiated agreement as opposed to the original deal which covered only four states.

That means more people would stand to benefit from the spillover benefits of the ECRL project, he said. — Bernama

“We are expecting the cargo load to be the main contributor to the ECRL, but as development along the rail line and in the east coast increases, passenger load will also automatically increase,“ he said.

keyword: "MAIN CONTRIBUTOR"

70% of ECRL revenue will come from cargo load: Daim

19 APR 2019


KUALA LUMPUR: Cargo load will be the more profitable sector for the East Coast Rail Link (ECRL) compared with passenger ridership as the rail link will provide a land bridge that will boost freight transactions and cut travel time significantly between Port Klang and Kuantan Port.

Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin (pix) said that cargo load would contribute an estimated 70% to revenue versus 30% for passenger traffic due to its shorter travel time and greater reliability as a mode of transport.

“The ECRL provides a land bridge between Port Klang and Kuantan Port, shortening travel time between the two ports by some 30 hours.

“As a result, ECRL provides for a faster alternative transfer of goods between the two ports compared with the much longer sea route,“ he told Bernama in an interview Thursday.

He was responding to questions on the supplementary agreement signed last week between project owner Malaysia Rail Link Sdn Bhd and its joint venture partner China Communications Construction Company Ltd (CCCC) to manage, operate and maintain the ECRL rail network which would be built at a considerably lower cost.

Daim, the special envoy to Prime Minister Tun Dr Mahathir Mohamad, who managed to finalise the ECRL deal after nine months of negotiations, said the rail link would also connect Kuantan and Port Klang with the various industrial hubs, seaports, tourism nodes, and East coast state capitals.

In the process, it would stimulate new growth along the ECRL corridor, as a result of which would require reliable transport for the transfer of goods and passengers.

“We are expecting the cargo load to be the main contributor to the ECRL, but as development along the rail line and in the east coast increases, passenger load will also automatically increase,“ he said.

As far as passenger traffic is concerned, “we are talking about people visiting their relatives and about tourists being provided with an alternative mode of transport to the east coast”.

“In that sense, we have to ensure that ticket prices are kept affordable,“ he said.

To boost passenger traffic, he said the Pakatan Harapan government decided to re-route the ECRL so that it passes through Putrajaya Sentral, which is a far-sighted move as it will connect the east coast to the federal government administrative centre and “this is important for businesses.”

“This will also help increase passenger load for the ECRL,“ Daim, said, adding the ECRL would now pass through five states – Selangor-Federal Territory-Putrajaya, Negeri Sembilan, Pahang, Terengganu and Kelantan, under the renegotiated agreement as opposed to the original deal which covered only four states.

That means more people would stand to benefit from the spillover benefits of the ECRL project, he said. — Bernama

Philip, thanks for the generous sharing

The Case For $100 Oil

By Nick Cunningham - Apr 15, 2019

https://oilprice.com/Energy/Oil-Prices/The-Case-For-100-Oil.html

The oil market has been tightening rapidly this year, due to OPEC+ cuts taking supply off of the market, outages in Iran and Venezuela, and a slowdown in U.S. shale. But forthcoming regulations from the International Maritime Organization (IMO) could provide an additional jolt, particularly as global inventories decline against the backdrop of a tightening market.

Bank of America said that the Brent options market only implies a 2 percent chance that Brent spikes to $100 per barrel. The bank says everyone might be underestimating these odds.

The “massive surge in distillate demand” later this year could “potentially push oil prices above $100 per barrel,” the bank concluded.

Japanese refiners halt Iran oil imports as waiver expiry looms

http://www.arabnews.com/node/1474401/business-economy

TOKYO: Japanese refineries have put a halt on imports of Iranian oil after buying 15.3 million barrels between January and March ahead of the expiry of a temporary waiver on US sanctions, according to industry sources and data on Refinitiv Eikon.
The waiver, which allowed Japan to buy some Iranian oil for another 180 days, expires in early May. However, Japanese refiners want to ensure enough time for all cargoes already loaded to arrive in Japan and for payments to be completed.


“We think it would be difficult to keep on lifting Iranian oil after March,” a Fuji Oil spokesman said, noting that banks and insurance companies want to make sure all the transactions and deliveries are done well before the waivers expire.

...............................


“If the US government does not extend the waiver, it could push crude oil prices up significantly as the gasoline season approaches and it could hurt Trump’s reputation,” he said.

it hit 1.24 when Brent was below 71 USD/brl on 9th April......and USD to RM was 4.09

now exchange rate is 4.16

sslee, this is one of the most beneficial article of yours to me. It made me learn a lot on IPP together with DK66 sharings.

You are very valuable contributor in i3

keep up the good work

thank you

Punter, pls remove OTB and KC lor...as they have to be client oriented...their reputation is of importance...

but we monitor these stocks Ancom and Comfort...just name O and K there would do

ok got it, thanks DK66

take it as payment of US$ 120M then.....so then they have to fork out US$ 77M per annum for principal payment?

so the US$ 120M profit is excluding any principal payments to the loan?

DK66, at the end of 25 years who owns the Debt of US$ 1.4 Billion?

Posted by DK66 > Apr 14, 2019 8:05 PM | Report Abuse

Dear Sslee,

The ownership of the power plant will be transferred to MOIT, vietnam after 25 years regardless. Coal power plant has an average lifespan of 40 years.

I m indeed surprised that your concern can be so "indepth" and "far reached".

It is never too conservative ?

---------------------------------------

P/S: For 25 years BOT; it mean after 25 years all the plant equipments and land return to Vietnam state. The EVN Vietnam will take over and run the plant if it is still efficient and economical to run it, otherwise JV will need to de-commission and dismantle all the plant equipments.

OK thanks DK66...

S&A i meant as labour cost...coal power plants is labor intensive