|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|1.02 ||1.05 || +0.03 (2.94%) || |
|* 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 |
|23/11/2016 ||0.935 ||1.25 ||+0.315 (33.69%) ||BUY ||MIDF || |
|01/11/2016 ||1.06 ||0.85 ||-0.21 (19.81%) ||SELL ||UOBKayHian || |
|26/10/2016 ||1.12 ||1.25 ||+0.13 (11.61%) ||BUY ||MIDF || |
volks2 news confirmed that Datuk Izham Mahmud has received several share acquisition requests. really kambing liao
Syah Mi Syed mokhtar owns SKS Ventures sdn bhd which made 50:50 JV with National Iranian Oil Company (NIOC) to develop 2 gas field ( golshan and Ferdowsi ) in 2007. SKS is one of two company which remain their investment in Iran after United Nation sanction in 2006.
Firstly, I anxious about why Syed Mokhtar want to park SKS's assets in deleum. After done brief researches, I think Syed is keen to deleum's gas turbine business which has 90% market share in mainly malaysia O&G industries that contribute about 70% of its revenue. It has integrated maintenance facility in Senawang. I think he wants deleum specialty in gas turbine to complement its business in Iran as gas processing mainly involves compression and regasification. Plus, deleum want to be the regional player in gas turbine industry.
Plus, Petronas want to resume its business with NIOC after sanction being removed. Deleum's executives has close relationship with petronas. Thus, if he parks his assets in deleum, he might attract partnership with petronas to develop both field which currently still in exploration stage caused by the sanction. I think both field are still profitable as the production cost below usd 10/ barrel but for gas I'm not sure. But, absolutely lower. Petronas and deleum got the expertise but not SKS.
I think going forward, we'll see collaboration between deleum and petronas if the acquisition materialise as petronas might invest in Iran via sks venture due to ramp up in production
rayloo Thanks Syah Mi for the comment, any source of your findings to refer to ?
trump2013 Keep buy..1.13-1.15 $$
michaelwong Recommended by midf buy call . .....tp 1.26
Goinvest88 O&G services company Deleum: sees tough year ahead
Goinvest88 little hope increase in short term..
manutdchampion My average price is 1.170 should cut loss first or just hold? Thanks
necro Even Syed Moktar can't help u when u shit on your pants...grow up kids...
necro DELEUM MD said 85% revenue come from upstream...hopefully got big contract if not will meet Lucille...
Group managing director Nan Yusri Nan Rahimy feels that next year would be tough because the bulk of the company’s earnings are derived from upstream oil and gas activities.
“Almost 85% of our earnings derived from the upstream sector, covering the operational and maintenance of production-related activities. This, in a way, has helped us to maintain positive earnings during the sector downturn amidst the capital expenditure cut by oil majors.
“But a lot of new projects in Malaysia are currently focusing on the downstream sector and for us to grow is to look for overseas jobs despite the current slowdown of the industry,” he told StarBiz.
necro If burn rate of order book continue without/little order replenishment I'm afraid those 400M market cap only lasting for 2-3years..
Sapphire back to rm1..nice
Lefteris Loh Shark collecting. Those coward selling
yongch Hahaha....firstname.lastname@example.org email@example.com...hahahha...now back to 0.78 soon..hopefully"right issue"let the counter slash down then its Good Buy!!!!:)
Kungsing Ting Wao, 0.99 again. Waiting first. Believe QR is good then before. But oil price Haven bottom yet. Last time 0.91 bought in and sold at 1 27. Haha. Waiting this time. Set Alert at 0.95 first. Can hold, no worry but time issue only. Good luck.
Sapphire wait 0.95? I bought first lor,,,
davidkkw79 CEO already said prospect not good in future... Still got ppl dreaming good QR... = =
yongch Soon below 0.70 for sure!!kikiki...
Mad Men 狂人 95 cents should be no problem for 2/3days.
In technically is oversell rebound and the latest news petrol price should be increase.
However who was bought must always follow news. Especially new US president every plan and step he planned to do.
Wish everyone good luck.
necro why there is delay in quarterly result...should be out already...result good or ??????
red_85 yea....result like shit only will delay normally...but who knows...everything is possible
3. PROSPECTS Crude oil prices in 2016 stay volatile and had entered a period of prolonged low prices. This trend is expected to continue into 2017. Trading conditions experienced to date in this financial year were tough, characterised by intense downward price pressure from competitors. Consequently, whilst revenue for the nine months in the current financial year eased by 8.8%, segmental results contracted by 33.9% compared with the corresponding period. Our key business partners continued to recalibrate operations to meet the challenges posed by prolonged low oil prices by aggressively trimming both operating and investment budgets. With little positive change to the trading outlook, management expects the Group’s performance for the remaining quarter of this financial year to be subdued, and trading prospects in 2017 are expected to be tougher. In the circumstances management will continue to stay vigilant and focus on reducing costs and working capital and to conserve free cash.
nkk53 bought more at 0.935 to average
Goinvest88 Good for those accumulate more
Mad Men 狂人 yesterday sold all already. wait for another point. :)
Mad Men 狂人 wait 90cents will buy again except new break point then new study again.
nkk53 bought 0 91 to average
Mad Men 狂人 not buying. didnt see the rebound signal. wait 86cents. will sai lang.
wish i'm not died at that time. haha....
nkk53 like this stock,bought more at 0.89
lowdensity wait wait wait... 0.61
CUTLOST Below 50cts nice Entrt
Alex Chong Believe it or not, technical analysis show that the reverse cup and handle pattern. Short term TP can be 0.71 soon.
Tiger_shark wow so strong like strongman coffee
nkk53 Next week can take some profit
goldenluck16 Buy for next year's uptrend in the oil price
necro Deleum got competitor next year
Serba Dinamik registered revenues of RM532.2mil, RM755.7mil and RM1.4bil for FY13, FY14 and FY15, respectively. Its profit after tax came in at RM61.6mil in FY13, RM67.4mil in FY14 and RM156.6mil in FY15. Its profit margins for FY13, FY14 and FY15 are 11.5%, 8.9% and 11.2%, respectively.
nkk53 can take small profit in few days time
nkk53 sold 75 pc stock at 0.985
Oretama Sell Deleum Buy Seba Dinamik wei