Pantech never have loss qr and almost give dividend every qr. i did sold 72c @2017. now collect back and waiting another round. it 2018 performance better than 2017 so price should not be too far. this is not buy call just share my experience.
Correct Dayang's fantastic result shows that O&G stocks Bull Run is intact
The recent scare in Carimin result was due to carimin operation over in Trengganu impacted by Monsoon
For Dayang it operates in Sarawak so it is not that affected
SO good for Dayang will be also So Good for Naim
Now it will also be Good for carimin after Monsoon over
Also good for Azrb. Azrb got 2 supply base in Trengganu & Kelantan
And Good also for Pantech Pantech supplies oil pipes & valves to On shore & Off Shore players like Carimin, Dayang, Azrb,
See
Provision of Maintenance Services Dayang’s subsidiary, Dayang Enterprise Sdn Bhd (DESB) undertakes the overall provision of maintenance services, which focuses on the following areas:
Maintenance of Topside structure Maintenance of pipes and valves and Electrical and instrumentation The maintenance services are provided either on a routine or scheduled basis or during a breakdown or emergency, in which case maintenance works are undertaken due to fault or failure.
Posted by BLee > Feb 23, 2019 10:04 AM | Report Abuse
Good article. I think o&g industries are a bit complicated: Points to ponder. 1. Rapid more oil inclined or gas inclined? 2. If oil, more inclined to sweet or sour? 3. If gas inclined, more ??? as I don't have more knowledge to comment. 4. Source of supplies from peninsular or sabah or sarawak or elsewhere? 5. Since Rapid consist of many new chemical plant, what maintenance is needed?
I agreed we should look at long term, more than 3 years for any major maintenance opex allocation? Which counter will actually benefitting? I think I will keep on pondering and read up some answer?? Trade at own risk and happy trading.
calvintaneng 24274 posts Posted by calvintaneng > Feb 23, 2019 10:09 AM | Report Abuse X
Very good
Sifu pureBULL, Venfx and BLee clicked likes
BLee 110 posts Posted by BLee > Feb 23, 2019 10:18 AM | Report Abuse
I click liked bcos a very informative and harmony article, no attacking and bad mouthing. Way to go..happy trading.
calvintaneng 24274 posts Posted by calvintaneng > Feb 23, 2019 10:18 AM | Report Abuse X
Good question BLee
I think those working in Oil and Gas industries can give a clearer answer
Let me do my best
1. A refinery needs crude more than gas
2. And sour crude over sweet crude as there is more to extract and value add.
3. In Spore there is a pipe line from Indonesia delivering gas
4. Peninsula produce more crude while Sabah produce more gas Most of trengganu produce is sweet crude
5. Lots of maintenance job will be needed in Rapid. Because this industry needs 24 hourly and 365 days monitoring
calvintaneng 24274 posts Posted by calvintaneng > Feb 23, 2019 10:25 AM | Report Abuse X
Which counter will actually benefitting?
I picked Pantech because Pantech already has a warehouse in Pengerang and its Jb Hq is only 80 km away in Pasir Gudang
Pantech has a stock of 30,000 types of pipes, valves and other ready stock for emergency repair or replacement
I also picked Dialogue because it has storage tanks to receive Crude oil from huge Supplies from Saudi oil tankers docking there
All 55 million barrels of crude from Saudi will pass through Dialog storage first before injecting into the Refinery
AND then the finished product? Dialog has expanded to Tg Langsat by renting lands from Johor Corp to build more storage tanks 23/02/2019 11:22
PANTECH’S VAST BUSINESS POTENTIAL DUE TO INCREASINGLY EXPANDING OIL & GAS REFINERIES IN ASIA
(1)PENGERANG RAPID COMPETED: NEXT PHASE WILL BE DOWNSTREAM PETROL CHEMICAL COS, Calvin Tan Research Author: calvintaneng | Publish date: Fri, 22 Feb 2019, 02:49 PM ________________________________________ With the completion of RAPID The Next Phase Will Be Downstream Petroleum Chemical Companies ALL THE 300,000 BARRELS OF CRUDE OIL GOING INSIDE THE REFINERY WILL COME OUT AS FINISHED PRODUCTS
PANTECH WILL ALSO BE DOING ROARING BUSINESS
Why is it so? Answer: Oil Pipes will connect the finished products to Chemical Industries nearby (INCLUDING THOSE IN SINGAPORE) See the Success in Singapore THERE IS common pipeline corridors to make plant-to-plant transfers easier and more cost efficient. PIPE LINE CORRIDORS MEAN LOTS AND LOTS OF BUSINESS FOR PANTECH WITH 30,000 TYPES OF OIL PIPE LINES & VALVES IN PENGERANG ITSELF PANTECH GOING TO DO VERY WELL!! A BIGGER FACTORY IN PASIR GUDANG ONLY 80 KM AWAY WILL GIVE SUPPORTING NEEDS
LOTS OF BUSINESS MEAN THE FUTURE OF DIALOG & PANTECH LOOK BRIGHT
PANTECH WILL GET PERPETUAL MAINTENANCE JOB FROM PETRONAS FOR ITS OIL PIPES MAINTENANCE
(2)Singapore’s world-class petrochemicals hub in Jurong Island Needs lots of specialty carbon steel oil/gas pipes and valves to connect to Rapid Refinery
(3)Saudi agrees US$10 billion China refinery deal as crown prince visits Reuters - February 22, 2019 5:34 PM BEIJING: State-owned oil company Saudi Aramco signed a US$10 billion deal to build a refining and petrochemical complex in China on Friday, as Saudi Crown Prince Mohammed bin Salman wrapped up a two-day trip to Beijing.
(4) & (5) AND ALSO IN INDIA AND PAKISTAN The Saudi delegation, including top executives from Aramco, arrived on Thursday on an Asia tour that has already seen the kingdom pledged investment of US$20 billion in Pakistan and seek to make additional investments in India’s refining industry. (CONSOLIDATION OF VARIOUS NEWS/ANNOUNCEMENTS AND WITH FACTS DERIVED FROM CALVINS’ WRITE-UPS. IN ORDER TO FOCUS ON THE VERY BULLISH IMMEDIATE BUSINESS PROSPECTS AND THE VAST EXPANDING MARKETS FOR PANTECH’S PRODUCTS)
PANTECH FAST BECOMING THE OIL & GAS RELATED GROWTH STOCK PANTECH HAS VERY STRONG FINANCIALS : • CONSISTENT QUARTERLY PROFITS • • LAST 4 QUARTER PROFITS • • 1.51 SEN • 1.46 • 1.90 • 1.51 • • TOTAL 6.38 SEN SO PANTECH HAS An earning growth OF 11.9% OR P/E 8.38?
but that is not all
Pantech is also into PROPERTY INVESTMENT ( Investment in Factories, Industrial lands & warehouse )
and NTA has also grown quietly from 74 sen to 78 sen. SO there is a growth of another 4 sen
now add 4 sen to 6.38 = 10.38 sen
then the equation will be
Pantech Earnings Growth (EPS) is 10.38 divides by 53.5 sen or 19.4%
And a P/E of 5.15
SO IN JUST 5 SHORT YEARS YOU CAN DOUBLE YOUR MONEY IN PANTECH!! CONSISTENTLY PAYING DIVIDENDS
GOOD NTA AT 53.5 SEN WITH NTA OF 78 SEN PANTECH IS SELLING AT A NICE 32% DISCOUNT TO NTA WHICH QUALIFIES BEN GRAHAM 30% MARGIN OF SAFETY. RNAV OF NTA WILL BE MUCH HIGHER WHEN ITS LARGE LANDBANK COMPRISING WHAREHOUSES AND LAND (ESPECIALLY THE ONE NEAR PENGERANG JOHOR ) ARE REVALUED) SEE PANTECH WAREHOUSE IN BOOMING PENGERANG refer to ar 10 HS(M) 135, Lot LO129 (1433), Mukim Pantai Timor, District of Pengerang, Johor Darul Takzim Lot LO129, Kampung Bukit Gelugur, 81600 Pengerang, Johor Darul Takzim (127,617) Freehold A parcel of industrial land 1,800 – 31.12.2015 PANTECH BOUGHT A FREEHOLD 127,617 sq ft INDUSTRIAL LAND FOR RM1. 8 MILLIONS THAT IS ONLY RM14.10 per sq ft (Note: Freehold industrial lands are very rare in Pengerang RAPID. Mostly leasehold. Price anywhere from rm30 psf to Rm100 psf today) So buying into Pantech is an opportunity to invest into Real Esate in Pengerang at Old book value. THIS IS ONLY ONE OF PANTECH 10 LISTED ASSETS. AND ALL THE ASSETS ARE INDUSTRIAL & MANY ARE WAREHOUSES. SO GOOD THAT NTA HAS APPRECIATED FROM 74 to 78 sen for a 4 sen gain in one year SO GOOD THAT PANTECH BOSSES HAVE BOUGHT THE RIGHT INDUSTRIAL LANDS & WAREHOUSES AND AVOIDED SHOPPING MALLS NOW HIT BADLY BY ECOMMERCE
PANTECH FAST BECOMING THE OIL & GAS RELATED GROWTH STOCK
SOME ANXIOUS COMMENTS/RESERVATIONS SEEN IN i-forum on DAYANG :-
pussycats DAYANG.. D KWAP WTF??! Author: OrlandoOIL | Publish date: Sun, 24 Feb 2019, 12:52 PM
KWAP may continue to sell Dayang due to Dayang as a group is considered technically insolvent as such KWAP no longer has a strong mandate to invest in Dayang
Whn its subsidiary Perdana defaulted on one of its loans it has triggered a cross default on all its loans and made all of them due for repayment immediately thus making it together wit Dayang group technically insolvent
pussycats KWAP may continue to sell Dayang due to Dayang as a group is considered technically insolvent as such KWAP no longer has a strong mandate to invest in Dayang
Whn its subsidiary Perdana defaulted on one of its loans it has triggered a cross default on all its loans and made all of them due for repayment immediately thus making it together wit Dayang group technically insolvent... ====== Oh my good ness,
With this type of news, who dares to goreng up Sayang. Sad, sad,sad 24/02/2019 13:23
sense maker The ongoing loan restructuring scheme may result in significantly increased interest rate on its loans after the loan rescheduling, and/ or in a dilutive cash call to shareholders or worst, banks taking over the company.
That the company reduced its borrowings by rm200m in 2018 on the back of good results was a good thing. You should be aware that the huge profit improvements on big contracts may be an assistance from Petronas to the company to tide it over temporarily as the loan restructuring is ongoing. Or it could be a genuine turnaround due to vastly better operating environment. Insiders should know. If the 2018 profit trend continues the company may turn into net cash company in 6-7 years depending on capital expenditure.
No meaningful dividend in the next few years, if any. Those betting on Dayang need the loan rescheduling to be successful and it’s profit to be maintainable in the coming years. 24/02/2019 17:17
THIS WAS THE RESPONSE SEEN :-
calvintaneng OK OK If you guys so afraid then Go BUY PANTECH
PANTECH HAS A VERY VERY CLEAN BALANCE SHEET
AND ROCK SOLID TOO
Dayang got one source of Income by OGSE
PANTECH GOT 3 SOURCES!!!
1) PANTECH SELLS PIPES & FITTINGS TO DAYANG
Provision of Maintenance Services Dayang’s subsidiary, Dayang Enterprise Sdn Bhd (DESB) undertakes the overall provision of maintenance services, which focuses on the following areas:
Maintenance of Topside structure Maintenance of pipes and valves and Electrical and instrumentation The maintenance services are provided either on a routine or scheduled basis or during a breakdown or emergency, in which case maintenance works are undertaken due to fault or failure.
(((Maintenance of pipes and valves and)))
2) After Crude Oil is extracted they are Piped Into RAPID Refinery for Processing
SO THIS IS THE 2ND TIME THEY USE PANTECH PIPES & VALVES
3) AFTER CRUDE OIL IS PROCESSED THEY WILL THEN PIPED IT INTO DIALOG'S STORAGE TANK AND LATER PIPED DIRECTLY INTO RAPID CHEMICAL INDUATRIAL HUB
SO AT ALL LEVELS OF EXPLORATION, EXTRACTION, PRODUCTION, REFINING & DISTRIBUTING PANTECH PIPES & VALVES WILL BE IN USE
PANTECH (OR ALL TECH) THAT'S IT!!! 24/02/2019 17:18
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
56,703 posts
Posted by calvintaneng > 2019-02-22 11:28 | Report Abuse
SEE THIS VIDEO
RAPID FULL OF OIL TANK (Dialogue)
And Pipes (By Pantech)
https://www.youtube.com/watch?v=r3vjHzVSPqs