3 years ago 2016 if entered is unlucky bcoz o&g still downtrend with decrease revenue and increase debt
- 2018 o&g just start recover with increase in work order but revenue still low with impaired on assets - 2019 only start to reflect profit for services, maintenance - 2020 those still red will back to profit if have accumulate work order enough..
I'm going to upgrade KYY words TA,FA and add potential.If investors have experience there will know.Im 26 years experience since the market bull run in 1993.My age is on 15 years old.The one who recommend to buy IPO on TNB shares where not much people subcribe due to the price.Ask my mom to subcribe to the IPO.Subsribe 10 lot(today's means 100 lot) and win 6 lot.Its like winning 4d numbers.After for a while it's it's up more than 100 percent +++ and my mom sold it.No comment.The biggest win on my mom history.
guys go check this out....this fella got 39 vessels and we are talking about vessels only ya... now they are trying to scale it down to 9 …. 30 x 10m usd = 300mil usd x 4.2 = 1.3billion myr / 970million shares = 1.35 per share.... Now u do your own maths...and tell me why this stk will go limit up? Buy and sell at your own discretion ya....
they scale down osv from 39 to 30 and to focus on oic and sub sea segment.. shifting for better prospect business since many msian offshore asset already 35 yrs old
Armada up,AT up,Alam not yet but feeling is near,Anzo will follow possible at łeast late next month.Now is Alam.Seing people are snapping up undetected again.
X Michael Kwok Please 5c0160 see the futures.Some monthly chart is in oversold for many months.It sure will up.Please read below.Im buying low at 10 cent worth 12k.
Malaysia have hundreds of oil and gas(old oil well)that need decommissioning.1 small to medium value at 140-200 million.20 percent profit margin(28-40 million profit).Assume 50-80 in 10 years that need decommissioning.(Assume 50 old oil well over 30 years worth 140-200 million per well then 7-10billion project will be given).Facts from investment bankers.
Petronas will not be so stupid to give just to 10 companies but maybe more due to shares of wealth vision 2030. 23/10/2019 8:37 PM
PETALING JAYA: As more oil and gas (O&G) fields in Malaysia and the region approach the end of their lifespan, the demand for decommissioning works is set to surge.
The value of decommissioning contracts in the region, over the next three years, is expected to reach up to RM6bil, according to estimates by industry players. UOB Kay Hian Research analyst Kong Ho Meng said while there have not been any large tenders awarded by Petroliam Nasional Bhd (Petronas), it expected contracts to be rolled out from next year. In Malaysia, he said, about 11% or about 35 of the over 300 platforms have been operating for over 40 years, and more than 200 wells have already been identified to be plugged and abandoned.
Decommissioning is a rapidly developing sub-segment in the O&G sector, which refers to works to safely dismantle and remove wells and platforms to prevent environmental damage.
The growing requirement for decommissioning works relates to the commitment from oil majors to reduce their impact to the environment via late-life asset management.
There are two key services for decommissioning – well abandonment services and upstream facilities dismantling.
Aiyo....management said expect 30% from 990mil (297mil) for FYE2019....now edi 94.04mil and left 2 quarter....can this company survive with thin margin or not?hehe
People selling Alam made them look stupid.Please use the brain.Never be brainless.I say worst case scenario above 20 cents.See my blog when I write it.Not best case.
Alam Michael Kwok I agree.Alam will be passing 20 cent worst case scenario.If things gone 2-3 quarter of of increase in profit consecutively then testing the 30 cent possible.Finally we agree with this counter. 15/09/2019 11:51 PM
only if they have secure more contract and post qtr profit, or else hard to go up based on current bursa sentiment ! oil gas is not a popular sector anymore
There resistance of 15-16 cents.So maybe before end of the year may test 15-16 cents.usually market maker know 3-6 months in advance.Do you think 3-6 month Alam in trouble?I will say no.U all.Below 15-16 cents is Alam in trouble.So....
I already calculate one year probably 10-12 percent extra shares listing out of conversion of loan notes.Not dead.Its not like 30-50 percent extra shares one shot.
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....
annmix
1,521 posts
Posted by annmix > 2019-10-20 17:03 | Report Abuse
not much diffrence if 9sen or 8 sen