Posted by rohank71 > 2016-09-30 20:35 | Report Abuse

dead stock. oil up still sleeping.

Posted by rayloo > 2016-10-06 15:24 | Report Abuse

Syed Moktar may acquire 20% to park his O&G assest from Iran.

Posted by volks2 > 2016-10-07 09:26 | Report Abuse

coming liao.

Posted by volks2 > 2016-10-10 09:02 | Report Abuse

news confirmed that Datuk Izham Mahmud has received several share acquisition requests. really kambing liao

Posted by trump2013 > 2016-10-11 13:22 | Report Abuse

Buy...2.00

Posted by Syah Mi > 2016-10-13 01:22 | Report Abuse

Syed mokhtar owns SKS Ventures sdn bhd which made 50:50 JV with National Iranian Oil Company (NIOC) to develop 2 gas field ( golshan and Ferdowsi ) in 2007. SKS is one of two company which remain their investment in Iran after United Nation sanction in 2006.

Firstly, I anxious about why Syed Mokhtar want to park SKS's assets in deleum. After done brief researches, I think Syed is keen to deleum's gas turbine business which has 90% market share in mainly malaysia O&G industries that contribute about 70% of its revenue. It has integrated maintenance facility in Senawang. I think he wants deleum specialty in gas turbine to complement its business in Iran as gas processing mainly involves compression and regasification. Plus, deleum want to be the regional player in gas turbine industry.

Plus, Petronas want to resume its business with NIOC after sanction being removed. Deleum's executives has close relationship with petronas. Thus, if he parks his assets in deleum, he might attract partnership with petronas to develop both field which currently still in exploration stage caused by the sanction. I think both field are still profitable as the production cost below usd 10/ barrel but for gas I'm not sure. But, absolutely lower. Petronas and deleum got the expertise but not SKS.

I think going forward, we'll see collaboration between deleum and petronas if the acquisition materialise as petronas might invest in Iran via sks venture due to ramp up in production

Posted by rayloo > 2016-10-18 13:39 | Report Abuse

Thanks Syah Mi for the comment, any source of your findings to refer to ?

Posted by trump2013 > 2016-10-19 19:51 | Report Abuse

Keep buy..1.13-1.15 $$

Posted by michaelwong > 2016-10-26 18:17 | Report Abuse

Recommended by midf buy call . .....tp 1.26

Posted by Goinvest88 > 2016-10-31 12:08 | Report Abuse

O&G services company Deleum: sees tough year ahead

http://www.thestar.com.my/business/business-news/2016/10/31/deleum-tough-year-ahead/

Posted by Goinvest88 > 2016-11-01 15:49 | Report Abuse

little hope increase in short term..

Posted by manutdchampion > 2016-11-03 00:32 | Report Abuse

My average price is 1.170 should cut loss first or just hold? Thanks

Posted by necro > 2016-11-03 00:50 | Report Abuse

Even Syed Moktar can't help u when u shit on your pants...grow up kids...

Posted by necro > 2016-11-03 10:15 | Report Abuse

DELEUM MD said 85% revenue come from upstream...hopefully got big contract if not will meet Lucille...


http://www.thestar.com.my/business/business-news/2016/10/31/deleum-tough-year-ahead/

Group managing director Nan Yusri Nan Rahimy feels that next year would be tough because the bulk of the company’s earnings are derived from upstream oil and gas activities.

“Almost 85% of our earnings derived from the upstream sector, covering the operational and maintenance of production-related activities. This, in a way, has helped us to maintain positive earnings during the sector downturn amidst the capital expenditure cut by oil majors.

“But a lot of new projects in Malaysia are currently focusing on the downstream sector and for us to grow is to look for overseas jobs despite the current slowdown of the industry,” he told StarBiz.

Posted by necro > 2016-11-03 10:26 | Report Abuse

If burn rate of order book continue without/little order replenishment I'm afraid those 400M market cap only lasting for 2-3years..

Posted by Sapphire > 2016-11-03 10:34 | Report Abuse

back to rm1..nice

Posted by Lefteris Loh > 2016-11-03 13:42 | Report Abuse

Shark collecting. Those coward selling

Posted by yongch > 2016-11-03 17:53 | Report Abuse

Hahaha....bought@0.80 sold@1.37...hahahha...now back to 0.78 soon..hopefully"right issue"let the counter slash down then its Good Buy!!!!:)

Posted by Kungsing Ting > 2016-11-04 05:50 | Report Abuse

Wao, 0.99 again. Waiting first. Believe QR is good then before. But oil price Haven bottom yet. Last time 0.91 bought in and sold at 1 27. Haha. Waiting this time. Set Alert at 0.95 first. Can hold, no worry but time issue only. Good luck.

Posted by Sapphire > 2016-11-07 16:38 | Report Abuse

wait 0.95? I bought first lor,,,

Posted by Sapphire > 2016-11-07 16:39 | Report Abuse

慢慢等啊

Posted by davidkkw79 > 2016-11-07 20:25 | Report Abuse

CEO already said prospect not good in future... Still got ppl dreaming good QR... = =

Posted by yongch > 2016-11-08 14:56 | Report Abuse

Soon below 0.70 for sure!!kikiki...

Posted by nkk53 > 2016-11-10 15:55 | Report Abuse

bought 0.95

Posted by Sapphire > 2016-11-16 15:23 | Report Abuse

慢慢等啊。。。。。0,95

Posted by matthew_wong0319 > 2016-11-19 14:08 | Report Abuse

95 cents should be no problem for 2/3days.
In technically is oversell rebound and the latest news petrol price should be increase.
However who was bought must always follow news. Especially new US president every plan and step he planned to do.
Wish everyone good luck.

Posted by necro > 2016-11-20 02:26 | Report Abuse

why there is delay in quarterly result...should be out already...result good or ??????

Posted by red_85 > 2016-11-20 15:10 | Report Abuse

yea....result like shit only will delay normally...but who knows...everything is possible

Posted by necro > 2016-11-22 18:26 | Report Abuse

Bhttp://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=D&securityCode=5132


3. PROSPECTS Crude oil prices in 2016 stay volatile and had entered a period of prolonged low prices. This trend is expected to continue into 2017. Trading conditions experienced to date in this financial year were tough, characterised by intense downward price pressure from competitors. Consequently, whilst revenue for the nine months in the current financial year eased by 8.8%, segmental results contracted by 33.9% compared with the corresponding period. Our key business partners continued to recalibrate operations to meet the challenges posed by prolonged low oil prices by aggressively trimming both operating and investment budgets. With little positive change to the trading outlook, management expects the Group’s performance for the remaining quarter of this financial year to be subdued, and trading prospects in 2017 are expected to be tougher. In the circumstances management will continue to stay vigilant and focus on reducing costs and working capital and to conserve free cash.

Posted by nkk53 > 2016-11-22 19:15 | Report Abuse

bought more at 0.935 to average

Posted by Goinvest88 > 2016-11-22 21:46 | Report Abuse

Good for those accumulate more

Posted by Mad Men 狂人 > 2016-11-23 11:24 | Report Abuse

yesterday sold all already. wait for another point. :)

Posted by Mad Men 狂人 > 2016-11-23 18:59 | Report Abuse

wait 90cents will buy again except new break point then new study again.

Posted by nkk53 > 2016-11-24 11:48 | Report Abuse

bought 0 91 to average

Posted by lowdensity > 2016-11-24 15:22 | Report Abuse

wait for 61 cents.

Posted by Mad Men 狂人 > 2016-11-24 21:41 | Report Abuse

not buying. didnt see the rebound signal. wait 86cents. will sai lang.
wish i'm not died at that time. haha....

Posted by nkk53 > 2016-11-25 09:25 | Report Abuse

like this stock,bought more at 0.89

Posted by lowdensity > 2016-11-25 23:49 | Report Abuse

wait wait wait... 0.61

Posted by CUTLOST > 2016-11-28 10:07 | Report Abuse

Below 50cts nice Entrt

Posted by lowdensity > 2016-11-28 13:40 | Report Abuse

possible 0.50...

Posted by nkk53 > 2016-11-30 10:51 | Report Abuse

si liew liew......

Posted by Alex Chong > 2016-11-30 15:18 | Report Abuse

Believe it or not, technical analysis show that the reverse cup and handle pattern. Short term TP can be 0.71 soon.

Posted by 007 > 2016-12-01 17:00 | Report Abuse

wow so strong like strongman coffee

Posted by nkk53 > 2016-12-02 18:06 | Report Abuse

Next week can take some profit

Posted by lowdensity > 2016-12-02 18:06 | Report Abuse

.... 0.935 !!!

Posted by ahpeng95 > 2016-12-04 15:22 | Report Abuse

http://klse.i3investor.com/blogs/skpetronhibiscs/110900.jsp

Posted by goldenluck16 > 2016-12-04 18:44 | Report Abuse

Buy for next year's uptrend in the oil price

Posted by lowdensity > 2016-12-05 08:16 | Report Abuse

still awaiting 0.50

Posted by necro > 2016-12-18 01:55 | Report Abuse

Deleum got competitor next year

http://www.thestar.com.my/business/business-news/2016/12/17/bigger-ipos-in-2017/


Serba Dinamik registered revenues of RM532.2mil, RM755.7mil and RM1.4bil for FY13, FY14 and FY15, respectively. Its profit after tax came in at RM61.6mil in FY13, RM67.4mil in FY14 and RM156.6mil in FY15. Its profit margins for FY13, FY14 and FY15 are 11.5%, 8.9% and 11.2%, respectively.

Posted by nkk53 > 2016-12-21 17:43 | Report Abuse

can take small profit in few days time