any link bro ? tomorrow i will put my shirt and underwears into this and hold tight tight until RTO is successful ... symphony changed to ran.. ran... ran ... ranhillll ! thanks for good news bro ....
when the downside taken care off the upside will take care itself.. kikiki far better opportunities than other below $1.00 bornoil, sumatec, thheavy .. this one even below 0.250 ... kokokookokkkkkkk
being the predictors, visionary and charismatic believers and "suicidal" risks taker in RTO gameplay - being "right" in predicting GHLSYS to $1.00 and long standin believers in NTPM. up or down not a question - ini hari i plan to top up not just my shirt, pants but also underwears.
Symphony = Ranhill Worley
until complete RTO then decide what to do
Visionary Punters and Dr. Love AT - your favourite old cock!
dont worry about fundamental .. because there is none. just based on hope that RTO successful .. when RTO successful ... even chicken or ducks can become EAGLES soaring into sky!
symphony play very simple no headached..
if RTO success UP, if RTO not success then CRY loh ..
Disclaimer: whatever I said or post .. dont follow.. I only invest according to my professional kaki lima faith and believes in SYMPHONY turned to RANHILL .. kikiki
Petronas approves US$27b Pengerang Integrated Complex Posted on 4 April 2014 - 05:40am
PETALING JAYA: Petroliam Nasional Bhd (Petronas) has approved the final investment decision (FID) of US$27 billion (RM88.6 billion) for the development of the Pengerang Integrated Complex (PIC) in southern Johor, which comprises a world scale Refinery and Petrochemical Integrated Development (Rapid) and associated facilities.
Rapid is estimated to cost US$16 billion, while associated facilities will involve an investment of about US$11 billion.
Petronas' president & group CEO Tan Sri Shamsul Azhar Abbas said: "The FID is a critical stage gate in our decision making process. Petronas undertook a rigorous review of the project, including independent third party assessments to ensure it meets our criteria for long-term profitable and sustainable growth. This decision is in line with our commitment to capital discipline, and with the board's approval we look forward to progressing the development of the project as planned."
"We will continue to work closely with the federal and Johor state governments to ensure the project's smooth implementation. In a relatively condensed period of time, we have accomplished a lot of work in establishing an excellent base to move forward with confidence to implement our plans."
Following the decision by Petronas, partners' respective FIDs will be announced in due course upon the approval of their respective boards.
The PIC is scheduled to commence construction upon the full hand-over of the project site to Petronas by the state government.
Based on the current progress, the project is poised for its refinery start-up by early 2019, nearly more than a year later than the fourth quarter of 2017 target stated earlier.
The project is expected to further strengthen Petronas' position as a key player in the Asian chemicals market, focusing on key growth areas of differentiated and specialty chemicals and capturing the growing automotive, pharmaceutical and consumer products sectors.
Domestically, the PIC will contribute towards meeting the growing demands for petroleum products and Euro 4M and Euro 5 specification fuels.
Developed within a 6,242-acre site, the PIC will consist of a 300,000 bpd refinery and a petrochemical complex with a combined capacity of producing 7.7 mtpa of various grades of products including differentiated and specialty chemicals products such as synthetic rubbers and high grade polymers.
The project will also see the development of a host of associated facilities i.e. the raw water supply facility, power co-generation plant, LNG regasification terminal and other ancillary facilities.
At the peak of its construction, the PIC Project is expected to have a workforce of about 70,000 people with varying skills and disciplines. In its operational stage, the PIC will require over 4,000 employees.
The PIC is part of the larger Pengerang Integrated Petroleum Complex (PIPC) proposed and promoted by the Johor state government.
Petronas said, with its strategic location along one of the world's busiest shipping lanes and its proximity to international trading hub, the PIPC is well positioned to be the next regional downstream oil and gas industrial hub.
Zai Nal Good morning risk takers... AyamTua, how much u `predict' the price will rise after RTO? 04/04/2014 09:57
after RTO? hmm.... plus RAPID potential and other good prospect.... YES sure up just like SCOMI, SONA and other oil and gas players (also like salcon , PBA - water stocks) coz
RANHILL = oil and gas and water stock .. all in one coffee mix.. so yummy!
Their water division, accounts for more than 50% of the group’s earnings, is one of the beneficiaries of the high profile Iskandar Malaysia development and the RM60bil RAPID project.
Given its exclusive licence from the Minister of Energy, Green Technology and Water to provide “source-to-tap” water supply services to end-customers in the entire state of Johor, and its 30-year concession to lease water infrastructure from Pengurusan Aset Air Bhd (PAAB), Ranhill should benefit from the rapid development in Iskandar Malaysia and the Petronas RM60bil RAPID project in Pengerang.
actually ppl think ranhill means O&G only...but i c one golden goose in ranhill...wich is their utilities dept...omfg...they supply water to ALL of johor through SAJ holdings...just imagine how much they pocketed thru that... if RTO deal done, ranhill easily worth 1.00++
easily 0.300-0.400 when RTO succeed .. easily 0.500 - 1.00 when this announced, that announced ... easily moving up/down (fluid) just like any oil&gas and water stocks etc ... can even move in and out ... making few rounds!
downside so little if grabbed now at this cheap price before RTO .. dont complain if buy too late now still early stage mah .. name not change yet from symphony to Ranhill Energy mah ... aiyoo .. when cheap no one buys when high then buy? too late loh
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....
valuemaster
812 posts
Posted by valuemaster > 2014-04-03 22:30 | Report Abuse
Guys, rapid announced! Slowly accumulate this stock!they are one of the main beneficiary!