Posted by lck1300 > 2021-09-17 14:30 | Report Abuse

EPF buy since mar , now sell on new 52week low ?
hmm.......

Posted by chbong > 2021-09-17 14:53 | Report Abuse

What happening today? Went done 2.5.

Posted by yingkang87 > 2021-09-17 15:26 | Report Abuse

Wat happen?

Posted by nisah395 > 2021-09-17 16:00 | Report Abuse

mau tendang keluar 30 comp?

Posted by seowdingdong > 2021-09-17 18:01 | Report Abuse

Looks like going to Holland...

Posted by chaisoonkon > 2021-09-17 18:52 | Report Abuse

buy at low sell at high .wish all of you Good Luck.

Posted by jolynce > 2021-09-17 21:21 | Report Abuse

what's causing the drop today?

Posted by NatsukoMishima > 2021-09-20 14:24 | Report Abuse

Kick out from klci index soon just like supermax ! Rm 1.50 coming soon , no body want blue chips because bursa has many gambling counters to earn fast money !

Posted by 5littleducks > 2021-09-20 14:33 | Report Abuse

Keep dropping why?

Posted by Mission 123 > 2021-09-20 14:49 | Report Abuse

They said Epf selling. But no bad news from dialog

Posted by stevenckheng > 2021-09-20 16:37 | Report Abuse

no more support from petronas

Posted by Maxpowar > 2021-09-20 16:52 | Report Abuse

Dropping for no reason..pengerang phase 3 started operation, oil price 70, QoQ profit increased for 3 quarters consecutively..

Posted by seowdingdong > 2021-09-20 16:59 | Report Abuse

This is crazy...what the heck of those good target price from the research house..damn ..unlimited drop

Posted by nisah395 > 2021-09-20 16:59 | Report Abuse

there must be a reason that we are not aware.

Posted by Maxpowar > Sep 20, 2021 4:52 PM | Report Abuse

Dropping for no reason..pengerang phase 3 started operation, oil price 70, QoQ profit increased for 3 quarters consecutively..

Posted by nisah395 > 2021-09-20 17:02 | Report Abuse

see if it touch RM2

Posted by Hafid > 2021-09-20 17:05 | Report Abuse

Normal up and down.

Posted by Bgt 9963 > 2021-09-20 17:08 | Report Abuse

Red red sea...!

Posted by texasholdem > 2021-09-20 18:59 | Report Abuse

Lucky I sold all yesterday. Still got nose bleed
1. Us fed meeting for taper. Dow jone futures down 1.5%
2. I think because of RSS. Syndicate short selling after top glove, supermax etc etc
3. World too many bad news or uncertainty
4.Bear market
Good luck all

Posted by freddiehero > 2021-09-20 19:20 | Report Abuse

amazing.. look

Posted by Keyman188 > 2021-09-20 19:28 | Report Abuse

Keyman188 only bet in if below 1.50...

Otherwise just KIV...

otherwise just look see look see...

Posted by Alexng9111 > 2021-09-20 20:03 | Report Abuse

与边佳兰RAPID息息相关

该集团联营工业存储码头（PT2SB）设在该项目中，关乎集团25%收益。若该项目展延至明年，就可能引发另一轮负面账面调整。

Posted by beso > 2021-09-20 20:06 | Report Abuse

foreign funds dumped this counter like no tomorrow, like it or not the downtrend will not stop here, typical downtrend stock pattern, will be kicked out from fbmklci constituents by end of the year. lol

Posted by nakata > 2021-09-21 01:24 | Report Abuse

@Beso, mind to guide how could we know foreign fund is selling this counter ?

Posted by nisah395 > 2021-09-21 13:49 | Report Abuse

interested to know too

nakata > @Beso, mind to guide how could we know foreign fund is selling this counter ?
21/09/2021 1:24 AM

Posted by Selina888 > 2021-09-21 14:07 | Report Abuse

If the company is good, over the long term, no need to worry much.

Posted by investortrader88 > 2021-09-22 10:37 | Report Abuse

Managed to top up some tickets at RM 2.31.good luck guys

Posted by Superstar777 > 2021-09-22 10:59 | Report Abuse

Dialog will up to 2.95 , hehe

Posted by nisah395 > 2021-09-22 14:03 | Report Abuse

congratulations, I queue there too but not able to get it :(


investortrader88 > Managed to top up some tickets at RM 2.31.good luck guys
22/09/2021 10:37 AM

Posted by nisah395 > 2021-09-22 14:04 | Report Abuse

thanks

Superstar777 > Dialog will up to 2.95 , hehe
22/09/2021 10:59 AM

Posted by NatsukoMishima > 2021-09-22 14:10 | Report Abuse

Dialog share price is not relevant to brent oil price ! Take note before u step in this 0 dividend stock n study carefully their business model !

Posted by nisah395 > 2021-09-22 16:56 | Report Abuse

thanks for sharing


NatsukoMishima > Dialog share price is not relevant to brent oil price ! Take note before u step in this 0 dividend stock n study carefully their business model !
22/09/2021 2:10 PM

Posted by lotuseater > 2021-09-22 20:29 | Report Abuse

Pls get your facts right before commenting.. who says this is a 0 dividend stock - they have been paying dividend every year.

Posted by nisah395 > 2021-09-23 08:11 | Report Abuse

correct, you are right. Got DIV. twice a year. 1.9 & 1.2 cts

lotuseater > Pls get your facts right before commenting.. who says this is a 0 dividend stock - they have been paying dividend every year.
22/09/2021 8:29 PM

Posted by nisah395 > 2021-09-23 08:12 | Report Abuse

why add $1.56 & 2.1% ?


bullmarket1628 > Walaoeh, Oil price continue to spike up like mad !
Brent closed at=> $75.9‪2 +$1.56 +2.1%‬

‪Huat ah, Heng ah, Ong ah !‬
23/09/2021 7:12 AM

Posted by MiaoMiao7 > 2021-09-23 09:29 | Report Abuse

Can someone explain to me why Dialog kept going down?

Posted by AlsvinChangan > 2021-09-23 09:53 | Report Abuse

This kind of q better ask your dealer/remisier

FREE advice here can pakai or not?

Posted by nisah395 > 2021-09-23 15:32 | Report Abuse

my friend says HLIB issue buy call. Whenever HLIB issue call, can see big block ahead

Posted by Bgt 9963 > 2021-09-25 09:58 |

Post removed.Why?

Posted by chaisoonkon > 2021-09-25 15:37 | Report Abuse

HLIB BUY CALL WITH TP 3.45 AT 24/09/2021.

Posted by Alien123 > 2021-09-26 10:03 | Report Abuse

@bullmarket
What happen to u
Every oil counter u walaoeh walaoeh
Oil price we can refer everywhere, ur comment really waste everybody’s time

Posted by kong73 > 2021-09-26 15:00 | Report Abuse

Dialog is in a cyclical sector. Having said that their management ability and foresight to generate incremental annual revenue and positive cash flow from their tank storage terminal is very impressive. HLIB buy call is a testimony that the current share price is oversold and there will be a rebound

Posted by PenangLang9180 > 2021-09-26 22:28 | Report Abuse

Dialog earning proportional in 2019 were reported at upstream 20%, midstream 40% and downstream 40%. For cumulative 2021 earning constributed by midstream should be more than 50% earning cause net profit margin very high at 33% which is not typical for upstream and downstream business.

Posted by investortrader88 > 2021-09-27 10:19 | Report Abuse

https://www.theedgemarkets.com/article/appec-malaysias-petronas-hopes-restart-pengerang-refinery-yearend

Posted by bullmarket1628 > 2021-09-27 14:56 | Report Abuse

Bursa Energy Index up the most as oil prices hit three-year highs
TheEdge Mon, Sep 27, 2021 10:40am - 4 hours ago View Original

https://www.klsescreener.com/v2/news/view/885487/bursa-energy-index-up-the-most-as-oil-prices-hit-three-year-highs

KUALA LUMPUR (Sept 27): Bursa Malaysia’s Energy Index rose as much as 19.78 points or 2.78% to 731.32 this morning, becoming the top percentage gainer among bourse gauges, after oil prices hit three-year highs.
At 10.19am, the index, which tracks share prices of oil and gas (O&G) related companies, settled at 727.82, still up 16.28 points or 2.29%.
KNM Group Bhd, which was the most actively traded stock, gained as much as 2.5 sen or 10.87% to 25.5 sen.
At 10.19am, the counter had pared some gains at 25 sen, still up two sen or 8.7%, with 73.69 million shares traded.
Meanwhile, Bumi Armada Bhd increased by one sen or 2.27% to 45 sen; Perdana Petroleum Bhd grew half a sen or 4.35% to 12 sen.
Reuters reported that oil pushed past its July peaks as global output disruptions forced energy companies to pull large amounts of crude out of inventories, while a shortage of natural gas in Europe pushed costs up across the continent.
At the time of writing, Brent crude oil had added US$1.26 to US$79.35 (about RM332) a barrel, while West Texas Intermediate crude was US$1.21 higher at US$75.19.
""Supply tightness continued to draw on inventories across all regions," ANZ Research said in a note quoted by Reuters.
Rising gas prices also helped drive oil higher as the liquid became relatively cheaper for power generation, ANZ analysts said in the note.

Posted by beso > 2021-09-27 17:22 | Report Abuse

any rebound is to sell, severe downtrending, no chance at all. lol

Posted by investortrader88 > 2021-09-27 22:16 | Report Abuse

Dialog announced that it has entered into a joint venture agreement with Morimatsu Technology and Service Company (Morimatsu) to collaborate and provide one-stop engineering and fabrication services of critical process equipment, pressure vessels and modular plant/facility solutions to serve local and international customers from Dialog’s facility in Pengerang, Johor. We view this development positively as it will further strengthen Dialog’s fabrication capabilities while expanding business opportunities, as well as tapping on Morimatsu’s strong market position and competitive strengths in advanced Japanese craftsmanship and European technology, and client base. We keep our forecasts unchanged pending further development and guidance. Our Outperform call on Dialog is maintained with an unchanged TP of RM3.86. We still like Dialog for its strong track record, defensive business model and steady recurring income generation from its tank terminal business.

Morimatsu Technology and Service Company (Morimatsu) is a subsidiary of Hong Kong listed company, Morimatsu International Holdings Company Limited. It is a pressure equipment manufacturer and provider of integrated pressure equipment solutions offering traditional and modular pressure equipment, and value-added services associated with the pressure equipment in industries, such as chemical, pharmaceutical, personal care chemical, mining and metallurgical, oil and gas and electronic chemical industries.
Joint venture (JV) arrangement. The JV company to be incorporated by Morimatsu and Dialog will be based on a 51:49 ratio. The JVCO will provide a one-stop engineering and fabrication services of critical process equipment, pressure vessels and modular plant/facility solutions to support various industries and customers locally and internationally. It is understood that Dialog will provide the required infrastructure and resources to JVCO from its facility in Pengerang, Johor while Morimatsu will provide and make available to JVCO the technical know-how. The JVCO is expected to be ready within two months.
Our view. We view this development positively as it will further strengthen Dialog’s fabrication capabilities while expanding potential business opportunities as well as tapping on Morimatsu’s strong market position and competitive strengths in advanced Japanese craftsmanship and European technology, and client base. Given that Dialog’s Pengerang facility is strategically located in existing major international shipping lanes with a private load-out jetty, we believe this is an attraction for Morimatsu’s first JV and production base outside China for its internationalisation strategy and expansion to serve its international customers in more than 45 countries.

Total investment is estimated to be around RM14m with Dialog expected to finance this through internally generated funds. While the existing facility is currently busy supporting internal and external customers, it has a total land area of 127 acres should there is a need to scale up operations. This move is expected to contribute to Dialog’s earnings from FY23 onwards via i) JVCO share of profit contribution, and ii) utilisation of existing infrastructure and facilities in Pengerang. While it is difficult to gauge how this will contribute to Dialog’s earnings at this point, our preliminary estimates suggest that it could potentially add ~3% to bottom line, based on our projection on its fabrication segment. We keep our forecasts unchanged however pending further development and guidance.
Source: PublicInvest Research - 30 Aug 2021

Posted by investortrader88 > 2021-09-27 22:17 | Report Abuse

Established in 1984 (listed in 1996) Dialog is a leading integrated technical service provider to the upstream, midstream and downstream sectors in the O&G and petrochemical industry. The group serves a diverse range of customers that include multinational oil majors, national oil companies as well as multinational engineering and service providers located throughout the world. The group has grown both organically and through strategic alliances with internationally-renowned technology partners. Its global footprint includes offices and facilities in Malaysia, Singapore, Thailand, Indonesia, Philippines, China, Australia, New Zealand, Saudi Arabia and UAE.

After plunging 31.8% YTD (vs KLCI: -5.4%), we reckon that the risk-reward is getting attractive as the KLCI-linked DIALOG is currently trading at an undemanding 25.2x FY22 P/E (20.3% lower than its 5-years average of 32x). HLIB reiterated a BUY call with a target price of RM 3.45 in anticipation of Its recurring income will improve with the commencement of PDT Phase 3A and Langsat 3l, given that Asia-Pacific oil demand likely to grow over the next two decades. We maintain our view that the company has been steeply oversold with valuation nudging below meanwhile growth in earnings is still on the horizon (+16% EPS CAGR from FY21-23).

Going forward, Petronas’ RAPID facilities are expected to commence within the year, which will improve prospects for its Pengerang Phase 3. To recap, the construction works of the 430,000m³ storage capacity under Phase 3A of Pengerang Deepwater Terminals was completed in March 2021 whilst, the 85,000m³ capacity expansion of Langsat 3 is slated for full completion by the end of CY21. The group is still sitting on 500 acres of Pengerang land ready for future expansions.

After plunging 32% from a high of RM3.50 (4 January) to a low of RM2.31 (22 September), DIALOG is poised for a technical rebound as indicators showing uptick bias. A strong rebound above RM 2.42 will spur the prices towards its August levels of RM2.57-RM2.62. Cut lost at RM 2.20.


Source: Hong Leong Investment Bank Research - 24 Sept 2021

Posted by investortrader88 > 2021-09-27 22:32 | Report Abuse

A read-through of Petronas Group’s financial results shows an overall improvement in numbers, led by favourable product prices, recovering from lows last year. In tandem with this, the group has agreed to increase its FY21 dividends to the government by an additional RM7b to RM25b, from its previous commitment of RM18b. Nonetheless, this is still far below the RM54b and RM34b dividends Petronas paid in 2019 and 2020, respectively. Its current balance sheet (net-cash of RM60b) should be able to stomach this increased dividend commitments. Meanwhile, capex spending has been slower, with 1HFY21 of RM14.8b (-14% YoY), as the prolonged movement restrictions had made capital investments difficult. Petronas is still looking for FY21 capex to reach ~RM40b (in-line with earlier guidance of RM40-45b capex per year for the next five years), and as such, we believe capex spending could be backloaded towards later parts of the year. That said, portion of upstream spending was reduced to 42% (from 53% in 1HFY20), and we see this trend of gradually scaling back upstream spending to likely continue as the group might seek to divert some of its investments into other renewable energy sectors in efforts to keep up with the current energy transition trend. Overall, considering Petronas’ increased dividend commitment, and continuing increased commitments towards renewable energy, we believe Petronas prudency to costs and spending will likely remain. As such, we believe this could lead to a slower recovery for local-centric contractors (e.g. VELESTO, DAYANG, UZMA). Realistically, we do not expect activity levels to revert back to pre-pandemic levels before 2023. As such, in order to see sustainable growth, we believe that these players would need to increase competencies to compete overseas, and/or expand their services into other sectors of energy in order to future-proof their portfolio. Maintain NEUTRAL, given the gradual recovery as the sector’s fundamentals still largely remain largely weak, with a long-term oil price outlook of USD55-60 per barrel.

Stronger financial performances driven by higher prices. Petronas recorded 1HFY21 core PATAMI of RM15,772m (arrived after adjusting for net impairments) – representing an 81% bounce YoY, largely driven by favourable prices for petroleum products, crude oil and condensates coupled with higher sales volume for LNG and sales gas. For the quarter of 2QFY21, core PATAMI of RM8,266m was a YoY turnaround from losses, similarly driven by higher average realised prices for major products. Meanwhile, QoQ, the quarter also saw a 10% increase in core PATAMI from improved realised prices for all products.

Increasing dividend commitments. More notably, on the back of the recovery, Petronas has agreed to increase its FY21 dividend commitment by RM7b to RM25b, from RM18b initially, assisting the government in combating the current Covid-19 pandemic. Nonetheless, this is still below the RM34b paid in 2020, and far below the RM54b in 2019. Looking at the group’s balance sheet, we believe it should be able to stomach this increase in dividend commitment given its current net-cash position of RM59.6b (up slightly from RM55b last quarter) – although we note that this is almost half from two years ago with RM117b as at end-2019.

Capex spending target to remain. In 1HFY21, Petronas’ capex spending had fallen 14% YoY from RM14.8b to RM12.7b, as the prolonged movement restrictions had made capital investments difficult. Upstream spending still remains the largest portion of the group’s capex at 42%, although this was lower YoY compared to 53% in 1HFY20. We see this trend of gradually scaling back upstream spending to continue, as the group might seek to divert its investments into other renewable energy sector in efforts to keep up with the current energy transition pressures. Overall, the group still sees its FY21 capex to reach ~RM40b. This is the lower-end of its capex guidance of RM40-45b per annum over the next five years, but nonetheless, still represents a huge improvement from RM33b in 2020 (as a comparison, in the five years prior to 2020, Petronas’ capex had ranged between RM45b to RM65b). Considering the movement restrictions and rising Covid-19 cases, we believe capex spending could be backloaded towards the later part of the year in order for the group to reach its FY21 capex spending target.

Slow recovery to local contractors. Considering Petronas’ increased dividend commitment, and increased commitments to renewable energy, we believe Petronas will continue to be prudent in its spending and cost measures. As such, we believe this could lead to a slower recovery and job flows especially for local-centric contractors (e.g. VELESTO, DAYANG, UZMA). Realistically, we do not see activity levels to revert back to pre-pandemic levels any time before 2023. As such, in order to see sustainable growth, we believe that these players would need to increase competencies to compete overseas,

Posted by investortrader88 > 2021-09-27 22:33 | Report Abuse

Maintain NEUTRAL. While the recent rebound in oil prices is a welcomed positive, sector’s fundamentals remain largely weak. Furthermore, outlook for product prices (e.g. crude oil, petrochemicals) are expected to normalise starting 2H 2021 and beyond. In line with this, Petronas is also expecting long-term crude oil prices to hover between USD55-60 per barrel, down from the current levels of ~USD70/barrel.

For stock picks, we see value emerging in DIALOG (OP, TP: RM3.50) and YINSON (OP, TP: RM6.00) given recent share price weakness. These names have proven resiliency, and are backed by strong and capable management.

Source: Kenanga Research - 30 Aug 2021

Posted by onecall > 2021-09-28 22:49 | Report Abuse

back to rm3?