You should Not feel afraid that QoQ is down 30%---actually this Qr is better than last Qr BUT management
used 30mil from profit to pay others management expenses----Just like 3Q23, net profit is 1.2m, I am very
surprised but further check indicate management used 70m to pay off Short term Loan.
If I can find All the "missing money"-----be 100% sure Bankers saw it. This will be a Good Betting Qr, next Qr
is hard to say ( I think Big Boys will sell to lock in profit )

I am think of Buying a small EV to Buy "mixed Rice" or Kopitiam morning visit----Spending RM100,000 is too
much ( over kill )

Actually Jack-Up rigs earns More money than last Qr----77mil But i cannot estimate Velesto corporate Cost
which management are recognising......And i am using a average of $120 Day Rate ( Management used $107----Next Qr i am using $135 Day Rate----if Management is NOT recognising other Corp cost then Next Qr
Net Profit is Huge compare this Qr ( 77mil )

2 Buyers to every seller----Afternoon Or Monday Bankers will push Back----40cents is still Not Off-Limit yet

Really depends on who you Talk to----One Taiko says last year 7--9mil people started shouting. Now 46mil
you said just eat Bak Kut Tay

I can only afford Bak Kut Tay tonight----Result---not full not hungry ( cukup makan only
Investment wise, PNB should be please---Expect about 200++mil per year ( next 2years )
One billion injection, Return in 4 years excluding Covid period

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3449453
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Why rename Risk management after Results Out??? Should rename Tong as Ding, Ding Tong, Tong

Interesting ---Perdana Hit 40cents----Although Velesto NOSH is 8 bil But many, many Real investor are trapped
above RM1.0 bcos previous goreng was RM4.0

Either Tomolo Or Friday Results Out----my guess is 5--15% Higher than Last Qr......But real Deal is 2 Qr results
due August ( much higher DayRate ) So I said Trading Volume will be much higher bcos Institution Buyers will Lock-in after this Qr result and Sell next Qr ( you will see massive promotion by Banks )

Harta QoQ minus 32% is missed leading ------577K Vs 22.7mil ( Net Profit for the Qr is terrible )

looks like today will Closed at 0.30000

There are MORE narcotic smokers than Cigs smokers now----10years ago, i heard there are 1 millions Narcotics
smokers Hiding in Palm Oil plantation ( nobody wants to Talk about it esp. politicians--Why?? Cannot see Cannot
enforced )--------Big Tree like BAT always attracts Wind in a Bad Way

Old timer like ME, One Lot is 1000----Genting with 800,000 Lots is SECOND velesto biggest shareholder---
No harm doing some Bragging Rights----Nobody Cares----Every Body for HIMself only

crossing 9.0 like a butter knife----smooth journey ahead, maybe making New High later ( next Qr )

Daily charter rate is growing every Qr. How come you didnT see grow??? You want new ship to expand, you need RI and Bank Loan ( which Bank will loan you a New Ship, given Oil demand will keep falling after 10Years )
Velesto is harvest Hay when there is still SunShine

donT look for Tp, just in-out for small profit---you cannot fight Mike Tyson---Billions FF returning for
Malaysia State Fund---now parking has nothing to do. People donT park Billion in Banks, everyday
interest in Hundred of thousand

as i said, buyers are not pasar malam shoppers-----they buy in millions

Bull Run will certainly starts next week Before Q results---Main reason is Result is predictable ( i already said
last Qr ) Alot Bankers are just rubbing their hands to lay Bets ( Bankers are too conservative to be FOOLED )
I think this Run will last atleast One Month depending whether Foreign Funds are jumping in or Not----
In this Case, you will see Tsunami on Both Directions ( scary ---worst than Genting )

Maybe we convince " BoB No Hope " to Buy --Or OKU Or YKK to Buy---They are foolish But not Bodoh

20:1 Reduction doesnT make Sense at All----Nosh will be reduced to 900,000,000----That will make SAP
market price at RM1.00----Now minimum Cash SAP needs is around 3-4 Bil ---Which means RI got to be RM3.
Let make some Real Sense----Will you Buy SAP RI @ RM3.00 ( Given market price RM1 )

of the 197mil shares Traded, 193mil are Trapped by 1.12 ( if 193mil decided to leave this afternoon---how???)

After Vape market matured---Heat-no-Burn market will kick off ( Cut toxic chemicals by 85% ) Actually alot
Chinese are using Heat no Burn Equipment ( Equipment cost RM 400-500 per piece )

https://www.malaymail.com/news/malaysia/2024/05/15/observers-say-pm-anwars-meeting-with-hamas-leaders-in-qatar-amid-us-scrutiny-of-financial-ties-could-provoke-west-to-act-against-malaysia/134450
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Malaysia will face Western sanction---Palm Oil and Gloves---Both kena Sanction Before. 2nd time strong
possibilities-----Now China Glove will Dump all over the World, attacking 80% of TG market

Lets hope Vape market take-off Real Good----Cheap Cigs true potential will be only partial this Qr bcos
MACC operation starts Mid Jan to Feb but Cheap Cigs stocks are still available ( maybe down 30% )
We donT know until results are out

https://malaysia.news.yahoo.com/observers-pm-anwars-meeting-hamas-024740837.html
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Glove soft target like China Glove

20% of TopGlove goes to USA----80% of TG market worldWide now faced massive Price Dumping by Chinese
Glove----No winner!!!!!!!!!!!!!!!!!!!!

waiting for Bull-Run----When everybody just want to Buy and donT want to Sell

https://oilprice.com/Energy/Energy-General/Deepwater-Exploration-Is-Booming-Again.html
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Saudi cancelled Jack-Up Rig Contracts but the Whole Industry wants Jack-Up Rigs

If BAT can capture Back 20% of Value add Brand ( cheap Cigs ), the revenue can easily reached RM1.0 Billion
Although Cheap Cigs margin is smaller, but Volume counts----Profit will be significant
Remember illegal Cigs is 55% of entire Cigs Market----Just prays MACC keeps checking Custom & Police Dept

I think too-- price ---will not move much Bcos ( bcos) Bank Underwriters are collecting for Rights issue next year.
They know for sure ( previous RI ) Shahril Cannot take up RI----so How?? They have to goreng in whatever
ways to stop underwriting Losses

I think latest Price Water House Director as CFO comes at a right time---more bid projects should be realised
bcos SAP has been submitting Oversea Bid for the last 2 years and it is now management is announcing
awards

$900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal )

https://www.offshore-technology.com/news/bangladesh-bidders-exploration/
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Once Gas or Oil is discovered, you need a platform to extract it----24 Blocks has many potentials ( many Hits and
platforms required )----Nearest platform Builder ( Lumut Malaysia---SAP )

I think most of SAP "Legacy projects" ( not profitable ) Either had project Cost revised or Cancelled Due to
Covid---Covid was 3 years Long and most legacy projects have 3 years Execution period ( if no start work it
will be cancelled or renegotiated ) Covid has actually "Help" SAP New management

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445616
__________________________________

At 1.8Billion = RM 8.55 Billion Contract ( SAP 50% --shares 4.27 Bil )---I wonder how SAP is going to raise
4.27Billion----Somehow i think "another shareholder" might Take over SAP Bcos i know there a few more
projects SAP has Bid ( might also secured )

Lim said he welcomed Chow’s announcement over the interest by three China-based semiconductor companies who were keen to invest in Penang with total investments of US$100 million which would help bolster the state’s back-end manufacturing ecosystem.

The three companies were China Wafer Level CSP Co, Ningbo SJ Electronics Co and Wuxi AMTE Inc.

But Lim still said Penang should learn from Selangor’s success to set up a semiconductor accelerator and IC design park as such a move would reinforce the northern state’s position as Malaysia’s Silicon Valley.
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DNEX's Silterra 28mm Wafer will be under threat from China Wafer investment in Penang

nicholas99
i still remember sapura hired white men to help to restructure the debt..
______________________
White Guy is expert on making "Bank Cry"---He makes SAP loss RM13 Billion on Books---All Bank Loan turns
into Smoke---But I think AA (CeoTony) is the BEST smoker in the History of Bursa---He smoked AAX 33 billion

White Knight's Cash is Fast money. Should come in 1st Qr.....Should Ask Management during AGM, how many
Bank "had" already agreed to "crew Cut" or "Botak-Cut"----Next PNB Ceo (coming July) is from CIMB----Also
the One who rescued SAP First Round----Now 2nd Round is Hair-Cut

20:1 and then RI ----just talk Cock. PNB and shareholders No Buy ( how to raise money? )
Bankers Hair-Cut is guarantee solid Deal

Bankers get back 2 Billion Cash But will have to take a 8 billion " hair-cut " by taking SeaDrill jack-up Rigs shares.
Next coming announcement ---No HairCut No PN17 exit

I am quite sure Insas will not be included in EPF account 3 portfolio ( bcos not Liquid ) Account 3 is about
10% EPF portfolio or from zero starting May 2024 building to 100 Billion---Better start looking for highly
liquid stock ( that EPF has small ownership ) than squatting here

EPF keeps Buying----I think EPF wants to goreng Bauto to a much higher price, in preparation for EPF Account 3
as announced by Anwar last year----Account 3 is like saving account, can withdraw EPF savings anytime so
EPF has to invest in highly Liquid asset like money market and high liquidity stock. Expected Account 3 will
be 10% of EPF asset OR 100 billion ( start counting from zero on May 2024 )

1. By Insas at Rm 1.08 and u can make 39% to 85%
2. By Insas-w Rm 0.255 and u can make 1.35% to 4.30%
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Buy OSK last year at 0.87----already MADE 67% ( no need to guess and wait for One More year to make 39% )
So how 2 Horse Race, One moving forward another always Gostan-----now wait for Osk at 2.50 ( no need
One year---just by December )

Both of them donT have Any Velesto shares ( last time EPF own less than 10%---many years ago )

You must know "who owned" CGS----Biggest Khazanah( 23%)---2) EPF 12%---It must be these 2 Hantu job

Want to confirm with my Ipoh La-tok first ( during Raya), Bcos SAP owe his Co. a few millions

Ninja _07
How to check how many units PNB bought?
___________________________
Go to Bursa and look under SAP General Announcement on 3 Nov, 2023

Waiting for "Big" announcement Before AGM ( 30 April )

Very interesting coming 1Q24 results----Macc Operation starts Feb15 2024

50cents fair value is from PNB estimate for Jan 2024.....PNB has bought somewhere around 70mil @ 0.20 by
AmanahRaya on 03Nov2023 ( They didnT Sell until today )