OTB : Kenanga Investment Bank Bhd Research has maintained its "Neutral" call on the oil and gas sector, noting that it is positive on the Activity Outlook for 2020-2022 by Petronas and feels comforted that upstream activities would continue to stay elevated from the surge in 2019.
Big winners from Petronas' Activity Outlook. Among them are fabricators (e.g: MHB, SAPNRG), which will benefit from the surge in numbers of wellhead platforms (WHPs).
Based on the Activity Outlook, Kenanga Research said marine vessel providers (e.g: PERDANA, ALAM, ICON, COASTAL) will benefit from the huge rise in demand for offshore support vessels (OSVs).
Kenanga Research also highlighted that offshore players (e.g: DAYANG, CARIMIN) will continue to enjoy increased maintenance, construction and modification work orders.
"Meanwhile, VELESTO whose rig fleet are currently fully chartered out, is expected to continue to enjoy high utilisation rates amidst sustained drilling rig demand," 16/12/2019 12:23 PM
The Above were taken from Ooi Teik Bee... Cheers, Velesto...
Hang on there Velesto.. When most shares are all red today. Velesto still bravely hang on there with 0.385, no change at all.
This show that there is a huge support for Velesto, with 3 Million Volume changing hands. Operators are busy collecting Velesto, in preparation for 2020 huge price increase...
President Trump has warned the US is "targeting" 52 Iranian sites and will strike "very fast and very hard" if Tehran attacks Americans or US assets.
The president's remarks followed the US assassination of Qasem Soleimani, a top Iranian general, in a drone strike. Soleimani's killing was a major escalation between the two nations, and Iran vowed to take "severe revenge".
Writing on Twitter, Mr Trump accused Iran of "talking very boldly about targeting certain USA assets".
He said the US had identified 52 Iranian sites, some "at a very high level & important to Iran & the Iranian culture", and warned they would be "HIT VERY FAST AND HARD" if Tehran struck at the US.
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....
DoomStock
349 posts
Posted by DoomStock > 2019-12-27 21:37 | Report Abuse
Lol...
May year 2020 bless you all with health, wealth and happiness.....Cheers