A close above 16,000 for DJI is very important for a MAMEE market to let everyone eats MAMEE.
Messi2u, if you have bought PERDANA today, you will eat MAMEE tonite.
1600999, great 风水。 Love it. It is the Magic promise from Kawan's Annuall Report 2012.
Thank you KAWAN food. ____________________________________________________________________
To college students ACCA who has stupiak lecturers want to ask you to do project/assignments, choose PERDANA. Easy-To-Read Annual Reports. Don't choose Bernas.
That BERNAS Annual report will make you head ache.
Technically, if you are doing assignments, if lecturer allows any listed company, we need to choose a company that shows "Cost of Sales" and "gross margin" clearly.
Bernas Annual Report does not show clearly what is the cost of sales and gross profit, students may encounter problems when calculation financial ratios.
Is Perdana is a good company to choose? But lecturer wants to calculate Dividend Yield!! We need to wait 2 more years before it start giving dividend.
Lecturer will gila-gila and tolak markah if student don't calculate DY. No dividend so, 0%?
Moreover!!!!! MAMEE!!!! PERDANA is doing bonus issue again. 2 bonus for 5. Lecturer ciak sai punya, mana mereka tau?
If Annual report 2013 is used, students may made themselves PENING KELAPA again, because most lectures do not actually buy stocks, they just teach.
Even student is right, the lecturer can say wrong.
Maybe, better to choose MAYBANK, AXIATA, MISC, for your assignments is better.
I was shocked when I saw the share price tumbled until the explanation. How do I get the bonus issue as I am using Itrade? Now as I see I am holding the same amount still, and loss 25%. Can someone tell me how it works? Will I be losing or the system (itrade) will add in the shares?
Perdana has taken delivery of its 16th vessel, which will be deployed to Dayang on a long-term job, wrapping up a year of exceptional turnaround following several washout years. Keep an eye on this company as it takes on more deliveries next year. We continue to value the stock at a CY15 P/E of 15.8x, applying a 30% discount to the average P/E of the oil & gas big caps. The stronger earnings uptick expected in FY14 is the potential re-rating catalyst that supports our Add call.
We continue to value the stock at a CY15 P/E of 15.8x, applying a 30% discount to the average P/E of the oil & gas big caps. The stronger earnings uptick expected in FY14 is the potential re-rating catalyst that supports our Add call.
What Happened During our meeting with Perdana's management yesterday, we learned that the company has recently taken delivery of its 16th vessel, a work barge named Perdana Protector. The company is set to add two more work barges next year (Figure 1).
What We Think We are encouraged that Perdana's fleet expansion programme is on track. The operating environment in the marine support space has been very conducive, with improvement in both charter and utilisation rates. Perdana currently fetches a charter rate of around US$2/HP for a 5,000HP anchor handling tug supply vessel, higher than US$1.50-1.80 netted last year. Meanwhile, the company's utilisation rate shot up to a robust 83% in 3Q13 from an estimated 74% in 3Q12. With Perdana Protector, the average age of Perdana's young fleet reduces to less than four years. Around 65% of the company's working vessels are on long-term charters, including those with the company's largest shareholder, Dayang. Perdana has so far mobilised four vessels for the charters with Dayang. It will put Perdana Protector to work, also for Dayang, on a long-term basis effective Feb 2014. To recap, Perdana clinched a 5+1 RM705m contract from Dayang in May 2013 for the provision of six vessels starting from Jul 2013.
What You Should Do Accumulate the stock and ride the wave of improvement in Perdana's utilisation and charter rates, which supports the company's earnings turnaround in FY13. We expect the positive momentum to continue in FY14 as the company expands its fleet.
Source: CIMB Daybreak - 26 December 2013, Full PDF Report
To buyer of perdana-wa in this morning: Well done! 2500 lots still cannot press down the price! I don't know why you are so confident to buy at RM0.86 but i know something is happening. Anyway i will stop selling and maybe i will buy back later. Goodluck to you.
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....
MAMEE MONSTER
428 posts
Posted by MAMEE MONSTER > 2013-11-19 14:21 | Report Abuse
Today's meeting was great. Soon you will hold 40% extra shares. Can buy more packs of MAMEE to eat. This time it will move faster than CEPAT. Good.