We are here now in the biggest oil and gas bull run time like never before
Petronas Rapid Refinery is the catalyst Next will be huge petrol chemical hub like Spore Jurong island petrol chemical hub contributed 34% to Spore Gdp
Spore per capita income is Usd55 000
Or Rm220, 000 per person income
Oil and gas chemical hub is one of top secret for Spore success
Alot of you holders of this Dayang shares are giving false news and information, this is wrong and can be consider MANIPULATION OF SHARES and according to law it will come down hard.
Don't worry, Bursa and possible Securities Comission is going to investigate, that's what my friends told me. Don't believe? Wait till I ask them for the email from Bursa and then post it here and see if I am telling the truth that investigation is on the way.
You can all RED FLAGGED my posts and have it deleted but I just don't care. I just keep on posting.
In a short while when my friend send me the email from Bursa, I will post it here to make you all believe.
This price going up to more than 200% doesn't make sense unless manipulation.
OK, I leave it to you, just wait till my friends send me the email from Bursa and I will post it here.
Posted by bearbull > Mar 16, 2019 03:14 PM | Report Abuse
Will appreciate is Calvin can do a in deep research on Uzma vs Velesto...
Bearbull
I think if I were to give a grading for Oil & Gas Stocks I think these are some figures you may compare them
1) Top 90 marks go to Carimin, Dayang, Naim & Penergy
These are "A" in the 1st Ranking because PETRONAS Gave these OGSE Jobs First But since prices up so much already now upside not like before. Those who bought can hold. But those who didn't can consider other O&G laggards haven't run up as yet
2) 80 marks go to Velesto, Destini, Azrb & T7 Global (these are still quite cheap to buy as prices not yet spiked up
3) 75 marks go to Pantech, Dialogue, Sapuranrg, Petronas Chemical and MHB (Malaysia marine & Heavy engineering) for their stability. Sapnrg will go higher in rank if its revenue growth continues to pare down debt
4) 70 marks for Deleum for its consistent price and dividends.
5) 65 marks for Uzma for its job awards from Petronas & others. Uzma got jobs but they need to reign in expenses. The AR shows unnecessary spending on too many photos and also Insiders kept selling their own Uzma shares
UZMA secures jobs quite easily. If leadership improves then it will move up in ranking also
6) 60 marks for Scomies & Sealink (Seaink & Scomi Energy for its assets backing). Both need to secure fresh OnG jobs
7) 55 marks for EaTech & Bumi Armada (If it can resolve its high Debt burden then it will emerge ok)
8) 50 marks for Perdana, Barakah Offshore, Alam Martin, Knm & Daya These ones are insolvent. 50/50% chance between survival & PN17 Now Perdana got hope because Dayang being Top holders might be able to save it
7) 40 to 10 marks for Sumatech, Perisai, Scomi and others in gone case
This is only a brief summary
Now Carimin, Dayang & Penergy & Naim have all surged up. I only have Penergy because it is the Laggard of OGSEs.
For now I SEE value in Destini & Velesto as 2 still very undervalue
Calvin...Thumbs up for ur research...i believe this oil trend will last at least 2 years...hope velesto perform the best in % in all oil and gas stock...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,622 posts
Posted by calvintaneng > 2019-11-09 08:05 | Report Abuse
The least-expensive offshore rigs typically cost nearly $200 million.(OR IN RINGGIT = RM800 MILLIONS)
The average price for offshore oil-drilling rigs is approximately $650 million (OR IN RINGGIT 2.6 BILLIONS)