Only need more Job from Petronas and DonT give job to foreign operators. Any Type of Rigs can be lease if the price is Right (previous commentator donT understand operation) Most important are Jobs and Daily Charter Rate ( now about $70,000 / Day )
Petronas just increase 3% Capex for 2021....the amount of Job available is RM12Bil...People just dont know the World outside Malaysia( asking outside job outside Malaysia ---very, very competitive ) Saudi jack-Up rate is only $54,000 compare to Velesto $70K ....Others you have paid "underTable, Over-Table...give-up National Interest, No Bumi-Interest )
So this mean short-mid term over 30cents? & mid-long term over 80cents? Wah!!! few months free "Nasi Lemak + Teh tarik" wor ....... ok ok ok, go go Velesto, up up up ......hehehe.....................
“Meanwhile, the Brent oil price continued seeing its uptrend after the Organization of the Petroleum Exporting Countries (OPEC) and its allies decided to keep production steady through April,” it said in a research note.
Given the set-up, it said the energy sector is likely to continue its uptrend move amid firmer Brent oil prices, while technology stocks might also be sought after by bargain hunters following the sharp decline.
Of the actives, Sapura Energy Bhd, Velesto Energy Bhd and Alam Maritim Resources Bhd were 1.5 sen higher each at 16.5 sen, 19 sen, and 10.5 sen respectively, KNM Group Bhd added one sen to 21.5 sen and Bumi Armada Bhd gained 3.5 sen to 49 sen. https://www.theedgemarkets.com/article/fbm-klci-103-points-16104
Counters like this is very sensitive to external factors ( gulf ) , that’s why I always advise buy to invest. So that We all chill je during ups and downs. This is NOT a call to buy. Invest at own risky ya!
Above 70 should be back to normal. Little little things other ppl’s country oso we panic sell ! This counter service Petronas, nothing to do with Gulf sentiments etc, but v also kencing! Tak paham! ;))))
Sold ALL. Waiting for price to come down and reload. Just keep close watch on BRENT price. Yesterday was USD71 ++ Now at USD68. Definitely share price will have to correct and the big boys are locking in their profits.
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....
IronShirt
3,178 posts
Posted by IronShirt > 2021-03-08 09:55 | Report Abuse
Only need more Job from Petronas and DonT give job to foreign operators. Any Type of Rigs can
be lease if the price is Right (previous commentator donT understand operation) Most important
are Jobs and Daily Charter Rate ( now about $70,000 / Day )