AmResearch has maintained an ‘overweight’ call on the oil and gas sector with ‘buy’ calls for SapuraKencana Petroleum, Bumi Armada, Petronas Gas and Alam Maritim Resources, at a fair value of RM5.70, RM4.52, RM24.30 and RM1.80, respectively. http://www.nst.com.my/node/25704
Sad to say, Alam will not move up so fast, until ALAM-CA expires (1.33 TP near term?) wahaha126 is constantly SHORT his ALAM, until MOST of YOU retreat.
The only mistake, if any, many of you might have made, is dare not to buy ALAM @ 80 sen before pilihan raya, where wahaha126 constantly said Alam will dropped back from 88 to 70 sen. (He was collecting ALAM tat time)
Similar to IOIPG, WahSeong, SKPetrol... EPF is just disposing to cause a false market selling. Latest result of IOIPG & WahSeong were good; and SKPetrol was just before the news of gas discovery.
in Oil & Gas Sector - Singapore round-up: Cautious but prospects still bright OVERWEIGHT report from AmeSecurities... - Ezion is rapidly expanding its fleet of lift-boats/service rigs by 15 to 37 units in FY16F with an outstanding capex of US$500mil and which have already secured charter contracts. One of its rigs, Unit 9, is expected to be chartered very soon in Malaysia on a 5-year contract in a 50:50 joint-venture with local operators, which may include Alam Maritim Resources.
- In Malaysia, there are multiple EOR projects in the pipeline involving central processing platforms such as those for the Kasawari, Sepat, and Guntong fields that are up for grabs. While packages for the Refinery and Petrochemical Integrated Development in Pengerang, Johor has been recently awarded to multiple foreign contractors, there is still likelihood that some of the smaller jobs may be awarded to the local yards. Hence, we maintain our OVERWEIGHT view on the sector with BUY calls for SapuraKencana Petroleum, Bumi Armada, Petronas Gas, and Alam Maritim Resources. We have a HOLD recommendation for Dialog Group and SELL for MMHE due to poor earnings delivery. http://klse.i3investor.com/servlets/staticfile/247045.jsp
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....
Pee Boon Koh
114 posts
Posted by Pee Boon Koh > 2014-08-22 15:08 | Report Abuse
Thanks davors