The facility will have an annual production capacity of over 150,000 units of equipment including GPU servers.
https://www.thestar.com.my/business/business-news/2023/09/01/nationgate039s-penang-factory-to-house-xfusion-global-supply-centre

https://www.sinchew.com.my/news/20240415/finance/5529185

NATGATE控股也获得美国知名图形处理单元（GPU）制造商认证为合格的云伙伴，可以为公司和AI数字中心客户超聚变的计划采购人工智能图形处理单元（AI GPU）。虽然该公司下了未来12个月的订单，首批交货预料需要6个月时间，接近该公司2024财政年第三季扩大生产量的最后按装工程时间表。

https://theedgemalaysia.com/node/687984
Ekovest enters into agreements with Knusford, Lim, Credence Resources for proposed group business consolidation

Botak son will soon takeover.....

absolutely correct...all follows one direction

Looking back from the interview in 2021, he(Tan Sri Lim Keng Cheng)and his uncle Kang Hoo — the executive chairman and single largest shareholder of Ekovest — are not seeing eye to eye.
https://theedgemalaysia.com/article/lim-keng-cheng-says-no-feud-ekovest-doubts-remain

Hi paktua.....glad u are back and healthy...

Regularisation plan includes ekovest ?

2024
https://www.thestar.com.my/business/business-news/2023/09/01/four-sections-of-wce-expected-to-be-ready-by-march-next-year

Steady Paktua.........you are a brave fighter. No regret and looking back.

Paktua heart is steady...mental is strong...

Paktua did you execute your next stage -57?

Morning inspiration......hope PakT always stay healthy

Paktua , may I know for 57 stage u aim at which level.....

paktua raya kuat kuat.....salute

salute paktua...... selamat hari raya

Congrats paktua in rabbit year....

How are you getting on Paktua....Hope you have get well already.

European natural gas is trading at nearly $500 in oil-equivalent terms. The obvious move is to switch to oil for anyone who can. In that case, oil usually means diesel. Notably, there were large exports of products from the US last week, presumably as diesel was shipped to Europe.

With that, the spread of diesel over gasoline is rising. It could be the best indicates of natural gas-to-oil switching.

Exxon's CEO said that global oil markets may remain tight for another three to five years largely because of a lack of investment since the pandemic began.

Chief executive Darren Woods said it’ll take time for oil firms to “catch up” on the investments needed to ensure there’s enough supply.

Traders Are Betting On The End Of The Oil Price Slump
https://oilprice.com/Energy/Crude-Oil/Traders-Are-Betting-On-The-End-Of-The-Oil-Price-Slump.html

The profits Exxon earned last quarter, for example, mostly before the war began are very likely going to go even higher when Exxon reports its second-quarter earnings on July 29. Indeed, analysts are forecasting a mind-boggling $3.74 per share in profit for Exxon, the most the company has ever earned in a single quarter. Ever. With Exxon stock currently selling for just 7.4 times current-year estimated earnings, and paying a 4% dividend yield.

Kyy33 = hng33 ??

Goldman Damien Courvalin wrote in a note (available to professional subs) that "rising dislocation between crude and petroleum product prices finally reflects the current extreme tightness in global refining, driven by seasonality, disruptions as well as large-capacity closures." He said refinery tightness would keep refined product prices higher throughout the year and also noted more refinery closures are slated by the end of next year.

The Goldman analyst maps out that available global refinery capacity has been in a downward sloping curve since early 2020. This means as long as demand for refined products stays elevated, prices at the pump will remain higher because of the bottleneck in no new capacity coming online for a few years.

https://www.zerohedge.com/commodities/us-refining-bottleneck-culprit-your-gas-pump-pains

https://www.reuters.com/markets/commodities/global-refiners-falter-efforts-keep-up-with-demand-2022-05-31/?rpc=401&

For some added context, roughly 75% of Russian oil to Europe is delivered by tankers, so an embargo on all else but pipelines will still have a significant impact.

"The European Council agrees that the sixth package of sanctions against Russia will cover crude oil, as well as petroleum products, delivered from Russia into Member States, with a temporary exception for crude oil delivered by pipeline."

SINGAPORE (Reuters) -Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether the European Union would reach an agreement on banning Russian oil imports.

Russia oil embargo to be part of EU sanctions package, but final agreement left for later

Mother of all capex cycle https://i.redd.it/03qcnhk9vft81.jpg

EU is to mull a Russian oil embargo this week with Pres. Biden expected to join in the talks

Brent Oil to hit the $147.50 record high on a break above $128.40 ? Credit Suisse

A surge higher for oil with weekend news on a likely stall in Iran nuke deal talks and other ructions in markets

https://ustimetoday.com/oil-prices-will-continue-to-rise-due-to-delays-in-iran-talks/

VIENNA, March 5 ? International Atomic Energy Agency (IAEA) chief Rafael Grossi said today that reviving the 2015 nuclear deal between Iran and world powers will not be possible without resolving Tehran?s issues with the agency.

Iran's nuclear chief Mohammad Islami said it would take three or four months to resolve outstanding issues.

- Reuters

Iran is already selling most of its product to China. So no big deal for Iran for anyimmediate Nuclear deal.

Reuters and Bloomberg blasted headlines suggesting that the IAEA remains unhappy with Iran, which continues to grow its stock of enriched uranium, and remains in breach of many key limits set by the 2015 nuclear deal.

Oil - Iran's Chief negotiator says being near the finish line is no guarantee of deal

Western negotiators have been making positive noises about a deal being close.

A little cold shower from the Iranians

Delta has wrecked any chance of herd immunity'
Speaking to the all-party parliamentary group on coronavirus, Sir Andrew said: "Anyone who is still unvaccinated will, at some point, meet the virus. "We don't have anything that will stop transmission, so I think we are in a situation where herd immunity is not a possibility, and I suspect the virus will throw up a new variant that is even better at infecting vaccinated individuals."

Washington [US], August 5 (ANI): US top coronavirus adviser Dr Anthony Fauci on Wednesday (local time) said that COVID-19 cases may double as variant worse than Delta could be coming.

"If America's current COVID-19 surge continues unabated into the fall and winter, the country will likely face an even more deadly strain of the virus that could evade the current coronavirus vaccines, Fauci told McClatchy

https://www.malaysianow.com/news/2021/07/16/new-cases-dip-to-12541/

12541 case today

12541 case today

What is RSS average price?

Panic short covering coming....

https://www.thevibes.com/articles/business/33223/rubber-glove-average-selling-prices-at-us67-us75-in-h2

The study published in ACS Nano looked at the two-dose Pfizer and Moderna vaccines, finding that after the second jab, antibody levels decreased an average of 90% within 85 days.

https://ktla.com/news/local-news/booster-shots-will-likely-be-required-as-antibodies-from-covid-vaccines-wane-ucla-study/

https://www.channelnewsasia.com/news/asia/china-25-new-covid-19-cases-most-in-more-than-6-weeks-14825112?utm_source=dlvr.it&utm_medium=twitter

https://www.channelnewsasia.com/news/asia/china-25-new-covid-19-cases-most-in-more-than-6-weeks-14825112?utm_source=dlvr.it&utm_medium=twitter