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2023-09-12 00:03 | Report Abuse
2023-09-02 14:43 | Report Abuse
Oil rises to highest in over seven months on supply worries
By Stephanie Kelly
September 2, 20233:15 AM GMT+8Updated
https://www.reuters.com/business/energy/oil-set-snap-two-week-losing-streak-tightening-supplies-2023-09-01/
NEW YORK, Sept 1 (Reuters) - Oil prices rose on Friday to their highest in over half a year and snapped a two-week losing streak, buoyed by expectations of tightening supplies.
Saudi Arabia is widely expected to extend a voluntary 1 million barrel per day oil production cut into October, prolonging supply curbs engineered by the Organization of the Petroleum Exporting Countries (OPEC) and allies, known collectively as OPEC+, to support prices.
Russia, the world's second-largest oil exporter, has already agreed with OPEC+ partners to cut oil exports next month, Deputy Prime Minister Alexander Novak said on Thursday.
Brent crude settled up $1.66, or 1.9%, at $88.49 a barrel. Earlier it gained to a session high of $88.75 a barrel, the highest since Jan. 27.
U.S. West Texas Intermediate crude (WTI) had risen $1.39, roughly 1.7%, to $85.02. It rose earlier to $85.81, the highest since Nov. 16.
2023-09-01 16:25 | Report Abuse
Heading to 55sen immediate resistance level
2023-09-01 15:43 | Report Abuse
Uzma is on higher high” bullish pattern, the momentum is expected to propel the stock towards the MYR0.90 resistance, followed by the MYR1 mark.
2023-08-30 20:19 | Report Abuse
Armanda debt continue declining via continuous repayment. With such strong quarterly cash flow, the speed of repayment will intensified as interest expense ia decreasing , it is expected in less than 2 year time, all debt will payoff and all profit will attributed to shareholders and maiden dividend payout may comw sooner in interim
2023-08-30 20:06 | Report Abuse
Next q result will be much higher at least 2 to 3 x higher than current Q result after stripping out current Q one off impairment RM 18m
2023-08-30 17:31 | Report Abuse
The decision to declare an interim dividend underscores our confidence in the
Group’s performance and future prospects. MSC has declared a first single-tier interim dividend of 7 sen per share in respect of the financial year ended 31 December 2023 (“FY2023”).
This equates to a total dividend payment of RM29.4 million, translating to a
dividend payout ratio of 46% of MSC’s net profit attributable to owners of the
company (“net profit”) in the first six months of financial year ended 31
Decmber 2023 (“1HFY23”) of RM63.9 million
2023-08-30 17:29 | Report Abuse
Our strong financial position and the resilience we have shown in
various market conditions enable us to reward our stakeholders while also
investing in our long-term growth and innovation strategies. Charting ahead,
we continue to execute our strategic plans to enhance efficiencies across the
Group to capture arising opportunities. We remain positive on the future of
the tin industry. The increase in renewable energy (“RE”) and electric vehicles
(“EV”) adoption, as well as digitisation presents an exciting time for tin. We
anticipate a growing demand for tin, with the metal emerging as an integral
component in the technology-era
2023-08-30 15:10 | Report Abuse
Armanda role in Indo oil field is for contract work for topside platform development
2023-08-30 11:05 | Report Abuse
bought back MSC at 2.21-2.22
2023-08-30 00:54 | Report Abuse
Bumi armanda NTA keep increasing via increasing assets and decreasing liabilities, with net assets increase RM 480m in Q2, far higher than profit record in RM 120m alone. Next Q, armanda NTA will hit RM 1.00
2023-08-29 16:25 | Report Abuse
Boss stake in myeg is increasing.
2023-08-28 14:49 | Report Abuse
Zetrix coin is not ordinary cytocurrency which lack of actual usage. Zetrix coin is COMPLUSORY use at China custom if wan to import goods from oversea for highly safety and efficiency Custome clearance
2023-08-28 09:39 | Report Abuse
Boss known well MYEG will monetize Zetrix via an ICO (Initial Coin Offering) next month, big windfall is expected for myeg
2023-08-25 23:01 | Report Abuse
Uzma Q4 deliver profit RM 10.6m or EPS 3sen, but if without take into account one off impairment RM 18m in Q4, profit will be more than double, Q4 EPS > 8sen
2023-08-25 12:44 | Report Abuse
It is bias if only wish highlight positive factors and chart unrealistic continue elevated electricity price through locked in contract despite gas price have normalize and gov keen to boots up supply via massive import cheap electricity from oversea and refuse to accept downside risk
2023-08-25 12:20 | Report Abuse
Key downside risk: sharper-than-expected normalisation in electricity sales margins once Singapore start import massive cheap electricity from Malaysia soon
2023-08-25 12:15 | Report Abuse
CIMB estimate YTLP quarterly profit of RM524m, in 2014 before tapering by 10% in FY25F as we assume contracts get renewed at lower margins to reflect some normalisation in electricity and gas prices.
Current wholesale price have trim by more than 60% in Q3 if compared to Q2 and even lower than Q1 earlier by 20%. Wholesale price is real time reflection on spot electricity price and based on spot gas price. The lower wholesale price compare to contract price will eventually affect contract price to lower their price once due for renewal for every 6 month for short contract. YTLP overdependency on single power seraya profit contributor is too sensitive to any price adjustment downward forward.
2023-08-24 16:34 | Report Abuse
bought back YTLP at 1.74
2023-08-15 16:45 | Report Abuse
cut at 2.24-2.25 to swap other more momentum stock first
2023-08-11 18:40 | Report Abuse
short-term charts of crude oil, natural gas — and even the entire commodity complex overall — are screaming "bullish"
2023-08-11 12:43 | Report Abuse
I have cut all gold stock last few days after gold price failed to perform despite Moody downgrade US bond
Stock: [ARMADA]: BUMI ARMADA BERHAD
2023-09-15 15:02 | Report Abuse
sold armanda at 55-55.5sen