Naga 7 scrap value will be reported in 3Q??? For a 500m vessel, 10% will be 50M??? ( donT know whether
insurance Co takes the scrap value )

Atlas0103
SinGor net profit must be lower than past QR due to 3 rig under maintainance
______________________
Unless there is major structural damage and no spare parts----I think "normal maintenance" should not
take more than a week per Rig ( not a expert ) Similar to my factory normal maintenance, mechanic already
know what standard procedure are ( except for unforeseen parts brokerage )

will suffer forex loss this Qr ( same as last Qr but recover in 1Q25 )----Just keep an eye on Revenue Gain

most Co reporting for 3rd Qr suffers Losses from forex----luckily Velesto "DonT" include forex in computing
Net Profit so i think Net Profit will be same as last Qr ( maybe better due to increase in Day Rate )

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3501103
___________________________________________

Sarawak Oil Asset is value at RM30 Billion. SAP got a 5year Contract from Petronas---Question is why
Petronas keep giving SAP ( PN15 ) job knowing well its financial constraints Or Petronas knows SAP
will be out of PN17 sooner than we think ???

Insas is notorious for making investor pant Wet---I think 0.87 is coming

announce Qr results on 1st week of December And give out special Dividend by 31 Dec---much better Deal

Barakah submission to exit pn17 is similar to what can be done by SAP....Barakah said they received 78.8 mil from
some contract dispute and revising "Old" Contracts to get a Better Deal----Sounds very familiar

Trump has said ( recently ) he will Cut subsidy to EV car---Tesla overjoy bcos All US Big Car manufacturer cannot
compete with Tesla----Forget Green tech in next 5 years ( Trump era ) Even EU has collapsed EV target----Oil
is still KING

Qr results will be Good bcos Ge-Shan results ( similar to KPS core ) raise 57%----

There nothing "said" SAP will pay off 10bil Loan Except to Deposit total proceed in MayBank----So in SAP
books, 3.37Billion SapOmv money is recorded as Cash ( plus current cash balance--SAP have about 4.5Bil )
Plus other Asset fair Value---SAP should have 6.6--7.0Bil Asset Vs 10bil Loan----Can Call Bursa to consider
Exit Pn17 ( 17bil losses --- are mostly from impairment losses during Covid )
Anybody inject 1.0 bil Cash will be very helpful to exit Pn17

this is "the" problem of computer buying!!! Fund manager still " Yum Seng" yesterday until Qr results, today
morning fund manager rushing to pull Computer cord-----Started 200 pages of postings to support plunging
price------just a bunch panic neem kaput

program buying by KWSP has no fear of Bad results ( machine--no brain )---Manager still "yum seng " until
tomolo then " what the f'''uk going on " Then, suddenly pull computer power cord

if Cannot wear underwear, grab shoes and run for Exit ( Harta Qr results is horrible )

Will Jaks drops below 10sen?????---Another Question, Any Buyers below 10sen???

Bankers get the bulk of the Sales proceed ( bcos this the agreement with CORPORATE DEBT RESTRUCTURING COMMITTEE ) Local small creditors ( suppliers and contractors get "Nothing yet " ) Gov has received a request
to extend one billion loan in budget 2025 to pay small Boys

3 assassins Capture by FBI who are suppose to KILL Trump before election are Hired by Iran ( revenge killing
bcos Trump ( US President then-- Order ) Iran General to be killed in a Drone strike )--Big Question on Monday,
Will Biden ask Israel to strike Iran next week bcos US policy is,-- USA can kill Iran General but Iran cannot kill
USA President ( not a fair world )

I saw last week, custom Dept had raided 2 Vape shop ( 50m) between them---Custom just sapu All Brands (illegal)
BAT Vuse vape margin is low however Demand (illegal vuse) is very High among Gen Z---If Custom Dept keep
raiding illegal Outlet, many will go underground, exposing atleast 30% to BAT vuse to Gen Z---This not a
small figure considering Vape market is a RM2.0 Billion market Or RM500 million per Qr

Trump has always Chaotic policy---If Trump Tax Chinese Glove, Chinese Glove will Flood all over the World,
where TG and other Malaysia Gloves are fighting for market share ( USA only import 30% of TG Glove )
China will Dump 100% of its export market Capacity worldwide----Good news for TG or Not??????????

However Trump will be impeached in 2years time---I donT think he can turn away all those judgement
against him ( New York Bankruptcy order ---one of them )----May Civil war in USA!!!!!!!!!!!

Only Super is looking Good from USA tariff---Trump promise 60% Tariff on All Countries joining BRICS
Ikan Bilis move in but Institution moving out TG

After 14 Nov EGM, I heard from whisper that SAP will ask Bursa for permission to Exit PN17----details on
how to settle 10bil Loan will be released by " PNB "---Why? bcos all Debts actually belong PNB ---
If you look at how ridiculous AA (Tony) Can SELL 10bil Debt to AAX, you know what will happen-----Malaysia Boleh

lets hope OLH gives "Huge" Dividend before 1 Jan 2025 to beat 2% tax on dividend....Any way 2% dividend
tax is NOT gazetted yet ( could be a temporary Tax option that can be removed before GE16 )
My BET most Bursa Companies will NOT announce Dividend until the Last Qr of 2025 to give Time for Heavy
Cash Balance Co time to figure out how to avoid 2% Tax for Co owner

Insas is moving back to 0.870....starting point of 2 horse race....someone has shifted the finishing line back
to starting point for Insas.....All race is straight line but Insas is running in Circle

The tobacco black market incidence saw a decrease of 0.4% from 54.8% to 54.4% in the current quarter----
With a 3.3% increase in volume as compared to same period last year, the Group saw a 0.5% rise in revenue,
totaling RM609.9 million
_______________________________

A very small drop in Black Market and a small increase in Volume will generate a Very Big in Dividend next
Qr Bcos BAT give out nearly 70--80% profit as Dividend----My BET big dividend next Qr bcos Anwar wants
Custom to stop Black Market by big allocation in Budget 25 to Custom Dept

Looking at MACC suspect corruption interview for 1BestariNet, YTL boss is main actor with intention to hook
Muhyiddin---electrical shock trap lay all over Bursa Doors for YTL

stock dividend better.
Next 2025 budget
4% dividend cash tax and 4% dividend stock issue tax。U think want to run from gov tax?
________________________
There is loop hole here---stock dividend is declare as Investment if you donT sell immediately( 2025) Bcos
2% Tax is tax as Income for the year perse.....As for small " fish", after 2-3 year you quietly sell and declare
nothing ( sell when dividend is within 100,000 Cap )

Petrol Car will still rule Malaysia Roads----My son regretted buying a Tesla. Every other day 4 hours charging Bat.
2025 budget has NO announcement to implement Charging stations plan ( has no idea what to do bcos PM is driving Petrol Car

Indonesia population come very near 300mil ( Malaysia only 34mil ) Indon cannot afford EV within next 10yrs
so they have to depend on Oil extraction---Any Rigs movement from Malaysia water to Indonesia is fast and
cost much Less, ----much lower than said Thailand or Vietnam ( got monsoon weather )

dnex change CEO.......Bad planning and management, maybe lose NISS too....Dnex taking too many High Tech
project whose CEO( kick-out) has no idea about the High Tech industries ( just a Oil Man )

https://oilprice.com/Latest-Energy-News/World-News/Indonesia-Looks-to-Revive-Its-Oil-and-Gas-Industry.html
______________________

Velesto no longer has to depend on Petronas----I think Petronas will "lock-in " Velesto capacity in 2026--30

paying cash dividend is a bad option ( 2% tax on dividend ---Big boys hurt ) So stock dividend better.
Insas huge Cash pile no longer attractive except got new investment

hybrid Cars are using just 50% petrol ( even less in new engin design ) Japan will do everything to move
away from Chinese dominating EV---rotary engine by Madza uses less than 30% petrol based on current
model-----What we see ( i guarantee ) in 2025 onwards most Cars in Malaysia will run on 3 cylinder below
1.0L engine ( maybe just 500cc --300cc )-----1.5L engine will be dinosaur very, very soon ( my worry my car
sparts )

price drop is linked directly to remove subsided RON 95---However from what i heard from politicians, only
50% are affected----Those earnings below $3000/month, Gov is going to e-wallet subsidy----For sure
many above 3000 will receive subsidy too ( politician buying votes )----most chinese will Not received any
thing but these are working people, dont roda-roda ( they lepak in office )--I think if you are using Honda Cub,
you hardly feel any pinch but instead receive more in the form of subsidy------So what industries get hit
most, Local Tourist Spots and fishing kaki like me ( have to travel 100km to fish a tilapia

so high tech meh??? Saw 2025 models ( 3 models ) Really Good looking

maybe remisier "salah " Key-in or foreigner looking for next dividend ( 10sen )

Israel has phosphorus bomb if they really want to burn down even metal pipings ( phosphorus bomb can
generate extreme Heat which will melt metal pipe --massive damage in making---I heard Israel PM say many
many times )

endless cash call ---another 10% PP. This management really got problem

for the last 3 Qr, cash generated is around 30--50mil----what pop-up profit is Selling Asset 150--250mil every
Qr without failed----Without disposing asset TG should record Net loss every Qr in 2024 from 100--200mil
which is far worse than Other Glove Manufacturers in Bursa

appreciating ringgit is making TG glove expensive ( like Super, TG has to increase selling price ) I getting news
China Glove to USA volume is Not dropping bcos Chinese Traders are repacking in Mexico to avoid US tax...
to further confused US custom, Glove are ship from Vietnam and Thailand to Mexico mixed with local
mexico manufactured Glove

one more thing, why White knight "donation" 1 billion never appears??? Look at SAP capitalisation 643mil Only.
White Knight can Buy entire SAP market Value---PNB will never issue shares as collateral for One Billion Loan--
How PNB is going to resolve this anomaly---your guess is as good as mine

Regardless what Court says---SAP Cannot be unloaded. period ( way below Cost ) That is the reason i say PNB
is a Huge Shark stucked in a Drain ( cannot go anywhere ----have to Goreng up the price )

i donT know how can Sharil family settle SAP shares without going bankrupt Call by Bankers??????????
It is obvious Shahril SAP shares are finance by Banks.....Say at 40cents ( worth RM720,000,000 ) Now SAP shares
just worth 72million @ 4 sen
It is quite obvious in a "quarrel ", one side is trying to bankrupt the Other ( the one holding more Sap shares )

My guess ( supported by oldtimers ) SAP has to "settled " 10bil Loan in Novemeber 2024 bcos most of SAP contracts are based on 3.80 exchange rate---Profit evaporate rapidly unless supported by another 5% decrease in Steel Beam price. Most of last Qr profit comes from material price Deflation---However 2025 is very very fluid with China pump priming market and trying to revitalize Housing Market ( If China succeed, construction material like steel Beam / plate will inflate rapidly cutting very Deep into SAP profit margin in 2026 )----I think Management also mention ( in last Qr results ) appreciation ringgit has expedite loan restructuring timeline--- So I think Loan restructuring or Hair Cut News will be released in Oct / early November

Good Guess 10cents dividend next Qr for CNY2025 angPau

Listening to news last 2 days, it looks almost sure Israel will strike Iran Oil Export terminals----Maybe next week
Oil will breach $ 80 +++ Iran will surely Hit Israel with 200++Ballistics Missile Again---My guess war
will not End so easily in 2024

Tenaga and water supplier is a better BET

https://malaysia.news.yahoo.com/oracle-invest-6-5-billion-003215146.html
_________________________
As i said Google is just one Data Center players---next Giant(s) Oracle ---competition is fierce and margin
is thin as best ( reseller )

https://oilprice.com/Latest-Energy-News/World-News/Indonesia-Asks-Exxon-To-Boost-Oil-Production.html

EU cannot produce economical EV car yet tries to Ban China EV,
India, Africa and South America have about 2.8 Bil population Cannot switch over to EV without financial
support from Rich countries ( both EU and US spend 1.3 Trillion in Ukraine war--need more taxes for Gov
machinery to function, donation to poor countries, you dream ) Furthermore USA 35 Trillion Debt, will
surely turn $ into toilet paper sooner or later