B4 COMMENTARY ON PROSPECTS As at 31 December 2021, the Group?s order book was RM354.95 million with additional RM275.83million for extension period The Company has been awarded a contract on 8 May 2019 by PETCO Trading Labuan Company Limited (?PTLCL?) for Provision of Long-term Charter Coastal Vessel Services for three new tankers. However on 18 March 2021, the Company have mutually terminated the contract for one of the vessel. The duration of the contract is for a primary period of five years with five extension options of one year each at PTLCL?s option. The contract value for the two vessels is approximately RM159.28million, excluding the option period. This contract is expected to commence by the first half of year 2022 with the delivery of both vessels. Hence, it is expected to contribute positively to the earnings and net tangible assets of the Company for the financial year ending 31 December 2022 and beyond
1. DISPOSAL OF NAUTICA KOTA TINGGI - RM20.69 MILLION 2. DISPOSAL OF NAUTICA MAHARANI - RM17.80 MILLION 3. DISPOSAL OF NAUTICA MUAR - RM21.65 MILLION 4. Acquisition of a new tugboat - RM16.72 million
KUALA LUMPUR: Analyst believe there is more room for share price upside for EA Technique (M) Bhd (ETB) as the company's trading in Bursa Malaysia has hit an all-time high.
At opening today, ETB share price has hit 16 sen from 15 sen. Prices have been surging from last week's opening of 14sen.
A local research head who spoke on anonymity said that as global charter rates continue to improve, ETB is likely to secure new contracts with revised charter rates.
Further, the source said ETB would likely be lifted from PN17 status after the company secures new contracts.
It seems that the price action has been rejecting to go lower than 0.135 since 25 Nov '22 and it never closed lower than 0.145 except for on 25 Nov '22 at 0.14.
Get your ticket before its too late. TA wise short term can break 23c soon. Mid term swing will test previous resistances around 35-40c. Long term looks great with oil and gas industry is bullish for next 1-2 yrs. might see the same bullish like gloves mania 2 yrs ago. All osv players like perdana, icon, alam will see similar effect but i prefer eatech as the darkhorse for major turnaround and pn17 uplift
Yes kentrade888, they have managed to get approval from the banks on the financial restructuring plan and if they can show positive PATs for next 2 quarters, eatech will be out from Pn17. Maybe price can react like comcorp, once they announce it. Hehe
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....
m16454
227 posts
Posted by m16454 > 2021-10-06 10:17 | Report Abuse
GG... big shareholder suffer big losses but they are rich company. They dont care this business