|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.705 ||0.87 || +0.165 (23.40%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|28/04/2015 ||0.76 ||0.74 ||-0.02 (2.63%) ||HOLD ||ASIA ANALYTICA || |
|27/04/2015 ||0.755 ||0.79 ||+0.035 (4.64%) ||HOLD ||RHB-OSK || |
|27/04/2015 ||0.755 ||0.74 ||-0.015 (1.99%) ||SELL ||KENANGA || |
|27/04/2015 ||0.755 ||0.95 ||+0.195 (25.83%) ||BUY ||ALLIANCE || |
|23/01/2015 ||0.755 ||0.93 ||+0.175 (23.18%) ||BUY ||TA || |
|23/01/2015 ||0.755 ||0.84 ||+0.085 (11.26%) ||HOLD ||RHB-OSK || |
|23/01/2015 ||0.755 ||0.72 ||-0.035 (4.64%) ||SELL ||KENANGA || |
|23/01/2015 ||0.755 ||1.04 ||+0.285 (37.75%) ||BUY ||JF APEX || |
|23/01/2015 ||0.755 ||0.95 ||+0.195 (25.83%) ||BUY ||ALLIANCE || |
|16/01/2015 ||0.735 ||0.84 ||+0.105 (14.29%) ||TRADING BUY ||RHB-OSK || |
|05/12/2014 ||0.79 ||1.10 ||+0.31 (39.24%) ||BUY ||ALLIANCE || |
chrisyap make me happy... hehe
Chin Leong this counter collect back debt is very weak..receivable keep growing
beckham89 low volume ..when can back to 0.80. Goreng abit ...:P
Choco_82 Petronas to delay Rapid’s refinery start-up (Date 18 May 2015)
Malaysia’s state-owned oil and gas company Petronas is delaying the start-up of its US$16 billion Rapid refining and petrochemical complex in the southern state of Johor until mid-2019, pushing it back from early that year, its top executive said today.
“For the refinery, the start up will be middle of 2019. That is the current schedule,” president and group chief executive officer Wan Zulkiflee Wan Ariffin said on the sidelines of the Asia Oil and Gas Conference in Kuala Lumpur.
The slide in oil prices over the past year forced Petronas to review and re-bid some of its engineering, procurement and construction contracts (EPC), Wan Zulkiflee said.
Global oil prices have climbed more than 40 percent from six-year lows hit earlier this year to touch 2015 highs in early May. Prices, though, are still well-down from the peaks of June 2014, when growing evidence of a worldwide glut sent crude markets into free fall.
“Commodity prices went down - it was a good time for us to go into the market for EPC contracts. We did some rebidding to get better prices,” he said.
Wan Zulkiflee said the weak oil prices also prompted Petronas to rephase some of its petrochemical projects.
“We’ve taken the decision that some of the chains in the petchem will be rephased. Basically, some of the chains, like the phenolic chains, will come later.”
Located within the Pengerang Integrated Complex in Johor, the US$16 billion refinery and petrochemical integrated development (Rapid) was initially poised to start refinery operations by early 2019.
The project is slated to be Malaysia’s largest liquid-based green-field downstream development. It has been twice delayed due to issues with relocation of residents.
Associated facilities, including a co-generation plant, liquefied natural gas (LNG) re-gasification terminal, air separation unit and raw water supply project within the Pengerang complex, could involve up to US$11 billion in spending.
Rapid will consist of a 300,000-barrels-per-day refinery and petrochemical complex with a combined chemical output capacity of 7.7 million tonnes per year of various products, including differentiated and specialty chemical.
Hit by a slump in global oil prices, Petronas posted a net loss of RM7.3 billion (US$2.03 billion) in October-December 2014, swinging from a profit of RM12.8 billion in the same period in 2013. It was Petronas’ first quarterly loss in at least five years.
Choco_82 maybe will sleep for another while..
fong7 Petronas said "delay" from early to mid, so it's about 6 month? Ok, 6 months delay, big deal.
Then, Petronas said "Commodity prices went down - it was a good time for us to go into the market for EPC contracts. We did some rebidding to get better prices."
What does it mean? It means Petronas actually plan to accelerate on contracts awarding for riding on low oil price. Am I understand it wrongly? Please correct me if I was wrong. Thanks.
helloqst LOUSY COUNTER>>>>>>>>>>>>>
Choco_82 fong7, you are not wrong.. Only sharing and think it will sleep for "another while" only.. Not permanently.
Siapa CALVIN cheated us
CALVINTANENG SAID UEMS IS BOTTOMED WHEN THE PRICE WAS RM 1.35, now is RM 1.20
CALVINTANENG SAID GSB IS MOVING TO 18 SEN WHEN the price was at 14 sen high., now 11 sen
Calvintaneng said KBUNAI will up when the price is 7.5 sen, now the price is 7 sen.
mudwyx How could he cheated us since we never believed in the place. No one is gullible to believe comments from internet forum. Or are you?