No worries bro. Covid will end with vaccination. Almost bottomed for construction counter now. Time to rebound. Think like what was happened last year when people fear to buy hc counters.
first time gained warrant bought 0.08 and 0.09 sold 0.105 & 0.12, this time bought 0.095-0.1, paper loss, but stil holding for long term hehe. if mother down to 0.23 below will buy too. good luck to us ! 26/01/2021 8:52 AM
most important, the rise in oil price will give extra income for arabs country and spend more on maintenance
this is where liftboard income will continue contribute to its earnings by 20% this year and subsequent year
then by june, 2nd liftboard will be ready and add another 20% by end year onwards
_____________________ Nathan said the merger would enable Eversendai to generate about 20 per cent earnings contribution from Vahana Offshore for the year ending Dec 31.
“The initial contribution is mainly from the first vessel, Aryan, which recently secured a five-year charter contract from Zamil Offshore for a Saudi Aramco project.”
Nathan said Vahana Offshore’s second vessel, Arjun, was expected to be completed early next year and start operating in June.
He said the charter contract was lucrative as not many operators were involved in maintenance services.
“Although it has a huge capital expenditure, the margin that can be generated from the liftboat business is high.
If you check global coronavirus cases, bearish signal has been formed. Cases from 1m per dah has drop to 400k per day. The effectives of the vaccine as a whole can be seen from the tremendous drop of cases. Eventhough only very small percentage failed. So the recovery theme is very much pn track now.
this stock is worth to invest long term, reasons ;
1-oil will be continue up with the roll out of vaccination and approval of new vaccines (j&j, sputnik, china), covid cases will be lesser, arabs oil country has higher income to spend on projects
2-additional income from 1st lifboat charter vahana aryan this year onwards
3-additional income from 2nd liftboat next year
4-its a renowned company with proven track record carrying out steel structure for petronas twin towers and burj khalifa
the only prob was it cash flow and debt.. but i do believe mgmt will sort it out with the good outlook of oil industry
Don't look at current, currently many companies suffer. Look at future. Vahana boats project, business readjustment, oil&gas business, world cup construction projects etc.
Dun look at Crude Oil price like Brent today. Thats because rich playboys dunno what to gamble on, so all go buy Crude Contracts
Demand issues due to Global ban.
Supply issues due to unlimited production expecially in Continental US, now that we know crude oil flow is unlimited from earth catalytic reactions and not from bodies of dinosaurs...
in the space of just 1 year in 2020, Tesla and Panasonic made a quantum leap in electric technology
Global ban on petrol and all fossil fuel engines are certain.
Even single/dual passenger electric planes are now buzzing around comfortably.
Just a small matter of time before larger planes are powered by electricity.
Thats leaves only plastics, oh btw there is a global ban on that too.
If you check global coronavirus cases, bearish signal has been formed. Cases from 800k per day has drop to 320k per day. The effectives of the vaccine as a whole can be seen from the tremendous drop of cases. Eventhough only very small percentage failed. So the recovery theme is very much on track now.
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....
ahfad
1,880 posts
Posted by ahfad > 2021-01-25 15:19 | Report Abuse
Almost oversold. Collect by trenches