This princess is a candidate RM10ner, man.

When the O&G show is in full swing, and burning brightly with the radiant flames of red hot passion.

In 2021.

Date: 26 May 2019

PAT for Q1FY19: RM250 mil or higher

Lagi apa mau cakap?

In summary, Dayang is on solid ground, man. It is certainly no David Copperfield type illusion.

Repeat Dayang qrtr net profit trend refresher for dummies:

Q2FY18 PAT 38.8 mil
Q3FY18 PAT 48.8 mil
Q4FY18 PAT 97.8 mil

Q1FY19 PAT?

You want my estimate? Well, the 3 most recent figures kind of indicate a somewhat exponential growth for current period. So, even if we double up from 97.8 for a somewhat conservative estimate, we already get 195.6 mil.

But then, if the exponential upward trend sustains, it should be much more. Possibly 250 mil, at the very least.

18 sen up possible today. High Brent, KLCI up, DJ up. All the pre-requisite conditions are there.

Volume does not necessarily decide price

Post removed.Why?

typo:

'wetter profits'= qrtr profits

Personally, I do honestly believe that RM3 is not such an unrealistic target. In fact I consider it as a very, very reasonable target. Especially in the light of Dayang's fast burgeoning wetter profits, their timely & regular debt repayments, big jobs expected to come their way from Petronas (a strategic shareholder) who in turn are beginning to make their own global class full year net profits, which at RM55.3 bil (about US$13.2 bil) for 2018 almost matched French Total's US$13.6 bil.

Gotta learn to see a bull whent it comes. Then gotta be bold, gung ho & decisive. Wield your investing blade with maximum effect & efficiency. Hesitation is only going to get you sidelined & left behind by the wayside.

Late May RM3. Possibly also earlier. Late August RM4.

Now, I have some honest, sincere, well meaning, comradely advice for all those forever dithering, hesitating, tentative, pussyfooting types amongst us.

You all need to learn the art of decisiveness. Big time.

Do it fast!!!

Gotta be cracking your own head & try to figure it out yourself, fellas. I'm not going to do all your homework for you.

typo:

RPS = EPS

Dayang net profit refresher for dummies:

Q2FY2018 PAT = RM38.853 mil; EPS = 4.03
Q3FY2018 PAT = RM48.754 mil; EPS = 5.05
Q4FY2018 PAT = RM97.724 mil; RPS = 10.13

Q1FY2019 (my very rough estimate): PAT = RM196 mil; EPS = 20.3

When the weak holders are all taken out, then uptrend will continue, and shorters will then be wiped out.

I am sticking with Perdana, tqvm.

3.5 sen is a good rise for Perdana. Bravo.

Looks like I'm gonna be really prosperous, by mid year. Or just a bit later.

LOL. Even the devil in hell would cry like a little girl, if handed out that kind of punishment.

Oil expected to still dominate for at least another several decades

https://oilprice.com/Energy/Energy-General/2-Reasons-Why-Big-Oil-Isnt-Rushing-Into-Renewables.html

Oil hits 2019 highs

https://www.thestar.com.my/business/business-news/2019/02/04/oil-prices-hit-2019-highs-as-sanctions-against-venezuela-opec-cuts-bite/

Post removed.Why?

28 next week quite doable. Longer term gain could be much more.

You are right, Maynot. Perdana is a rough diamond, just waiting to be discovered.

Brent 57.45

Latest Brent 57.45

Brent latest 57.45

Latest data indicating shale slowdown

https://oilprice.com/Energy/Crude-Oil/New-Data-Suggests-Shocking-Shale-Slowdown.html

indication of shale slowdown

https://oilprice.com/Energy/Crude-Oil/New-Data-Suggests-Shocking-Shale-Slowdown.html

New data suggests drastic shale slowdown

https://oilprice.com/Energy/Crude-Oil/New-Data-Suggests-Shocking-Shale-Slowdown.html

Brent latest 57.20

If I were a Reach player with loads of cap to spare, I would plonk some in Perdana, just in case. Who knows, if it could turn out to be the next Carimin.

Wow. Up 12.82% today. Not bad. Not bad at all, man.

Those who panic sold cut loss 24.5 last week, today crying big.

Those who bought 24.5 & those still holding firm, today happy.

Latest Brent 54.51 up 2.44%

Brent latest 54.51 (up 2.44%)

Brent latest 54.51

UP 2.44‰

Donald Trump now increasingly being seen as the cause of US market 0meltdown

https://www.thestar.com.my/business/business-news/2018/12/25/trumps-twoyear-stock-honeymoon-ends-with-hunt-for-betrayer/

Analysts see higher oil prices in 2019

https://www.thestar.com.my/business/business-news/2018/12/25/analysts-see-higher-oil-prices-in-2019/

typo, sorry.

'25' = 80; '45' = 105

I am constantly amazed by the sheer number & frequency of statements proclaiming 25 as 'risky', while they themselves were visibly & busily getting on board at 45, previously.

Hibby just returned a RM100 mil profit, man.

Post removed.Why?

2019 = OPEC-Russia production cuts

Just ignore boullshiet anti-oil info from US. 2019 coming soon. Crude oversupply is going to be a complete non-issue.

Crude oversupply fears will dissipate & disappear when OPEC-Russia production cuts start kicking in in 2019

Reach should start seriously manning up, steadying up, shaping up & bucking up. Big time. Need to stop cringeing, cowering & over-reacting to every silly threat tweet from Donald Trump, and every little release of boullshiet US oil inventory data.

That is why, you always need more than one horse for a long campaign. Becos horses get tired too. So, you need to keep shifting horses. Just like you need to keep shifting players if you're a football manager. The loyalty needs to be to the coach & the club, rather than to any particular player.

Well, can't wait until Brent 73, can we?