CT..u having some of TAS?

should sell then? TAS playing @ .85 - .855?

...to add...or not to add...that is the question... :)
market lukewarm..but consult with TA charts looks promising..

maybank TP .90, 1.10 and 1.29..support at .69 and .85
@trustme932, how do u view these prices?

everytime tjhldg wanna masuk new counter he'll test with a few lots first...betol tak tjhldg?

any1 know TGOFF's price earnings? thanx

hi YCH, mind sharing how u got PE of 49?
tqvm

guys..from real-time trade, does it look like a "distribution"? or accumulation? no visibility m2u konk again! relying on i3 here..

hi Scott..i'm in no position to advice but just to share with u..what d members posted above are very true..but i'd also like to add that with the tools that are there, it can help u decide when to cut and switch on 1 counter to another..the tools are actually ur risk tools..to help minimize ur risk of realized losses and optimize profit. fyi i cut on digistar and swap with TAS..having said that, we're all here still learning and getting various2 bits of knowledge n info right? there are a lot of ppl here who can guide one another, the only thing is we have to ask the questions lah. am sure they'd be much obliged.

CT..today also had probs with m2u but managed to execute the tranx..although didnt get TAS at lower price!but ok lah can lah..for now.

CT...u sure u not CitiBank $$$... :)
congrats bro..me not so lucky..offload yesterday hold a biiiit only. know y?coz today no ipad no laptop malas to bring around coz frustrated with mbb online.choi!

...please dont underestimate KFIMA and its pile of $$$.... :)

DEYM!!sold some yesterday when retraced from high. sold more than hold!!aarrgghhhh!!TNS

Hi CT..Hi i88..CT, thot u sold-off ur digistar d?!m also still holding mine..I've got quite a big chunk of exposure in O&G..TAS n TGOFF..Inari x sempat buy!DEYM!wah CT..makan busat ur inari ya!congrates bro..is Bina Puri under your radar?..sorry to d rest for using Inari thread.. :)

i agree with u Sir lotsofmoney..i, lotsoffriend in mbb, according to them it had been said that mbb claimed "..the PEOPLE are mbb's MOST valuable asset.."..sniger snigger..

CT - tq..same thing on d pc n laptop..server problem

noted matrixC..tqvm

MatrixC & gang..need advice..

No visibility of mkt whole of this morning coz was in a bored (board) meeting..digistar is down n dunno whether to pickup or cut loss now. either or, appreciate ur advice. tq :(

CT - did ur mbb app "suddenly" disappear from ur android? mine did..today!!

Don't mention it CT!glad to b of help where I can't with TA.yeah I've facing d same problem for d last 2 days.last week also but wasn't that bad.from what I know it's their IT "highway" problem.now too many traffic that's y either lag or totally not responding!its not us only...was informed more n more complaints r being received by mbb!.many others also facing d same access problem!

Due to this I've also downloaded d apps onto my android!hehehe...frustrated unable to go thru d blink2 way which I find more "exciting"!anyway tomoro if still unable only then would I view it thru d android.

M watching THHE to retrace to .89 tomoro b4 contemplating to get some.

dont think MBB can fix it in a day or two!just have to bare with it i guess.

all sorts of problem coming to hit MBB..system, top management moving out etc etc...doesnt bode down well for their reputation and aspiration..

*star = stare..typo..

LOL..btw anyone using mbb online? lagging all the time now! today kena once more..server no respond!frustrating to trade.

CL, today cannot sing starry2 nite...trade cannot be done!!star out the window only lah! nway, THHE resuming its uptrend with volume? any comments?

i must b a lousy singer..price retraced!

LOL..thanx CL. its my 2nd attack btw though less severe than the 1st. but whatever it is, to all, if possible dont go under the dr's knife for slip-disc.

digi digi digistar, how i wonder what u r....

am also monitoring THHE

sori chengyee..no TP for TAS..TAS was just a passing remark as it was together2 with TGOFF (coincidently both in marine support and was mentioned here earlier on)..No TAS but holding TGOFF..as it is TGOFF moving sideways in narrow trading range :( .

can anyone enlighten me on TGOFF chart? tqvm in advance.

choolooi..toes?i wished i had twinkle toes!or my toes can twinkle2 to the market!even if can, i cannot..just yet!!had slip-disc laa..hospitalized for 1 wk then mc for another..now back to d office but still undergoing physio lor..thats y body pain2 kena stretch..eyes blink to d screen blink2..fingers itchy2..but waiting to offload..r u already back in myanmar? must be great the country side!

no problemo CT..hope it solved ur "boring" problem.. :).m at the physio..body kena conditioning..but eyes on monitor n fingers on keyboard..TAS n TGOFF inching up...BUT MUHIBAH REALLY MOVING!!jusssttttt put on my watchlist after bro matrix's update yesterday!!aiyooo...TAS oh TAS...

:) .. they HAVE to do it the hard way!LOL..hv a good trip

no prob..wasnt sure i still had it so was trying to find the email they sent. hope it works!

on 2nd thots ill just paste it here!

Dear Maybank Valued Client,

We are pleased to inform you that the Android Share Trading application in now available from the Play Store.
For more information on how to download the application, please refer to the following links.
1. Download guide for Android Share Trading Application (http://bit.ly/1arS6qe)
2. Download Page for Android Share Trading Application (http://bit.ly/1dsTxV9)
3. Tablet User Guide for Android Share Trading Application (http://bit.ly/14WA8Ef)
4. Smartphone User Guide for Android Share Trading Application (http://bit.ly/1d26XcV)

Assistance and enquiries may be directed to onlinetrade@maybank-ib.com or 1-300-223-888.

Install the application to enjoy the experience!

CT, if u want, i can forward u the notification that mbb sent to me.

got it at .33 at the close. :( .should hv bn able to get at .325 but system commit suicide..go and hang itself!choii..

CT..if im not mistaken m2u can now support android..

LOL..ok noted with thanx

tqvm for ur guidance and insight..TP .52 & .56 still stands? this is gonna b my 1st trade base on technicals lah! (although its not my reading ah!!)..but learning..learning...

tqvm..was this bcoz the bear took out .32 support? however support can b seen at .315 now. right?

Guys..what do u mean? can i still make an entry to digistar? tqvm

LOL..choolooi, bro matrixC was right..u DO add humour here! anyway, hv a GREAT trip to u & matrixC.

....did some1 mention TGOFF earlier? bro pathew, due to tech reading?sorry didnt participate earlier here..lotsof meetings (they purposely scheduled meetings after i get back from the 2 wks MC..clever fellas!)

I'm out of bullets to at least try digista..tied up with a couple of counters..xpecially TGOFF (via multiple purchases but average price a biiiit lower than current)! :(

Oil & Gas - 3-year high for European jackup and mid-semisubs OVERWEIGHT

Author: kiasutrader | Publish date: Tue, 24 Sep 09:57


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


- The IHS Petrodata monthly Offshore Rig Day Rate Index reported over the weekend that the Northwest Europe standard jackup and mid-water depth semisubmersible rig rates have risen significantly this month, reaching their highest levels over the past 3 years. The Deepwater Floating Rig Day Rate Index was also higher, while the US Gulf of Mexico 250 to 300ft segment was unchanged over the past 3 months. However rig utilisation decreased in three categories, while Northwest Europe jack up utilization levels was unchanged.

- After remaining flat over the past 5 months, the Northwest Europe Standard Jackup Day Rate Index surged by 54 points month-on-month (MoM) in September to 644 points- the highest index level recorded for the segment since March 2009. Fleet utilisation was unchanged MoM and year-on-year (YoY) at 95%.

- The IHS Petrodata Mid-Water Depth Semisubmersible Day Rate Index rose by 76%-point Mom to 1,062 points in September 2013. While this is the highest over the past 3 years, it is still below the segment’s all-time record of 1,074 back in July 2009. Fleet utilization fell by 5%-point MoM and 6%-point YoY to 73%.

- The US Gulf of Mexico 250 to 300ft Jackup Day Rate Index remained at the same level at 535 points over the past 3 months, but this is still 75 points higher YoY. Utilisation for this category dropped by 11%-point MoM to 60%, but this is 2%-point up YoY. The Deepwater Floating Rig Day Rate Index rose by 28 points MoM to 918, just 4 points down YoY, with utilization sliding by 1%-point MoM to 97%.

- These improving rig rates augur well for the listing of UMW Oil & Gas, rescheduled to November this year, which is expected to reach prospective earnings multiple of over 20x. UMW Oil & Gas is currently the only domestic operator of jackup and semisubmersible rigs. Other operators are also hoping to move into the jackup rig segment, including Perisai Petroleum, Coastal Contracts and Alam Maritim Resources. Tanjung Offshore, which had earlier disposed off its offshore support vessel division to Ekuinas, is currently looking at acquiring two semisubmersible rigs, which could be potentially worth up to RM1bil, from Oslo-listed Songa Offshore.

- We maintain our OVERWEIGHT call on the sector as newsflow momentum is poised to gain traction, with new orders having surged by 2.2x QoQ to RM17bil in 2Q2013. In the short- to medium-term, excitement in the sector will still largely stem from the larger field projects in Malaysia such as the enhanced-oil recovery projects and gas cluster developments for the North Malay basin, as well as in Sabah and Sarawak which are tied to the completion of the Bintulu LNG complex expansion in 2015.

- We maintain our OVERWEIGHT call on the sector with our top pick being SapuraKencana Petroleum while our other BUYs are Alam Maritim, Bumi Armada, Dialog Group and Petronas Gas.

Source: AmeSecurities

Can this write-up be leveraged on?? any ideas?

...short-lived cheap thrill?...

they'll b in d support industry rather than acquisition of oil wells..hence back to back contract is crucial to maximize the rigs..moreover it would b advantageous if the "work" we're to be in the same vicinity rather than having lots of contracts but from 1 end to the other end of the world. Correct?

The other is the structuring of the loan, if they do take a loan, will have to match the operational income of TGOFF...lots of aspect are taken into consideration on corporate finance ie bonds, equity or even financing..what companies do for "infra"-related acquisition are to take up financing (which they will normally get lower rates for initial X years) then raise bonds to offset the financing...this got a lot to do with credit ratings, interest rates, coupon rates, bonds take-up rate etc etc....ie better ratings would get lower interest rates if financing and better take-up rate if issue bonds as well as competitive coupon rate setting. All in all it depends on risk appetite.

Hope it crosses rm1 in no time!!

Hey!!we hv something in common!EPL Fanatic..I'm MU fan since '83 when they bot capt marvel..cud say EPL has been an integral part of my "growing up".used to play in the PJ league n was football maniac..

Agreed with u pathew on the share portfolio..investment n trading..gotta hv separate books..

@TESSA..Who? u or me? me biasa only laa... :)
feeling a bit bored laa, tomoro back to d office..after 2 wks mc!!haha..

LOL..choolooi..hope u njoy ur trip to Burma (now Myanmar?). I guess laughter is the best medicine. For me, at least, I laugh at my mistakes (which I view my mistakes as silly or stupid so I see it on the lighter side of these), but the mind is always on the move how to not repeat the same mistake!

Me & my wife hv this thing that we go watch movies sometimes..stupid movie also can..it's just so for entertainment value only! Not to deep dive into good/bad storyline, great acting, blockbuster etc....everybody face stress..this is just my way to release..by laughing...hehehe...

But really I also in the same opinion here that bro matrixC has created and the members here have contributed the +ve chi here!! "good judgment comes from experience..experience comes from bad judgment!"

If there is a yum cha session,I'd really like to b part of it..TQVM! btw I'm base in Puchong/KL.

@TESSA...if I had it my way...within 1 day!...do the Focal!hehehe...
@P99...no problems bro, me also just got back from my buddy's place..me kids were there at their place. moving forward, THHE more attractive than TGOFF?
@maukaya..agreed title is of least interest...but it's d networking and muscle that draws d attention. btw, would u know if d rigs r normally on long/medium/short term lease?

Was waiting for ur insight bro!! :)
so theedge's reporting a bit lari?
btw, I don't think even if it's 2 or more, they'd do a debt financing..bonds and equity more likely..interest's gonna kill them! but if it's equity, they'll probably hv to make d price more "attractive".

P99...ur take on d article? tq

tq P99...Songa x Sonja...slip of d fingers!!..:) :)

@moneyking96..to me it's GREAT!
IF..that's that..1) complete their value chain (except perhaps owning OSVs); 2) petronas contractor for upstream activities. Direct tender from petronas.

c818...can't!any email add?just snap n forward to u then.r u based over the seas? :)

Hang on c818...I just got back..will try..but in a nutshell the report was TGOFF acquisition for 2 rigs (semi-subs/mobile) from Sonja Offshore for bat rm1B. Tan Sri TKS and son (TKV) dir for CP Energy. TKV s/holder of HMS Energy, which has petronas lesen for "self operator" for upstream activities ie drilling, geochem, consultancy etc etc. And 1 of HMSE's s/holder, HMS O&G, has the current Agong (Tunku Abdul Halim) as its s/holder.

Consolidation of HMS Energy? A reverse takeover in the making?