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36,447 comment(s). Last comment by bullmarket1628 at Jun 13, 2021 10:46 AM
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bullmarket1628
765 posts

Posted by bullmarket1628 > May 22, 2021 4:07 AM | Report Abuse

Walaoeh, oil price spike up like mad !‬
Brent now at‪ ‬ $66.52 ‪+1.41 +2.17%‬

‪Huat ah, Heng ah, Ong ah !


bullmarket1628
765 posts

Posted by bullmarket1628 > May 22, 2021 9:22 AM | Report Abuse

‪‪Wow, oil price super damn hot man !‬
Brent closed at $66.68 ‪+1.57 +2.41%‬

‪Huat ah, Heng ah, Ong ah !‬


Bgt 9963
2798 posts

Posted by Bgt 9963 > May 22, 2021 10:02 AM | Report Abuse

Good morning.....!


bullmarket1628
765 posts

Posted by bullmarket1628 > May 24, 2021 2:42 PM | Report Abuse

Walaoeh, oil price continue it’s bull run !
Brent now at $67.12 ‪+0.77 +1.16%‬

‪Huat ah, Heng ah, Ong ah !‬


idiotinvestor
155 posts

Posted by idiotinvestor > May 24, 2021 5:14 PM | Report Abuse

QR booommmmmmmmmmmm hahahahaha


gohkimhock
1823 posts

Posted by gohkimhock > May 24, 2021 5:20 PM | Report Abuse

Now you know why i always say high commodity prices might not translate into profit for downstream players. The only guarantee is you extract the commodity and become the wholesaler yourself.


JoshuaMS7
4037 posts

Posted by JoshuaMS7 > May 24, 2021 8:55 PM | Report Abuse

Tomoro limit down rip..


Ron90
3344 posts

Posted by Ron90 > May 25, 2021 12:07 AM | Report Abuse

this result is for the 1st QR of 2021 where oil price was already above $50 for the whole 3 months..sad.


m_aloha
559 posts

Posted by m_aloha > May 25, 2021 1:31 AM | Report Abuse

Our financial performance in the first quarter of 2021 was weaker as expected, due to the seasonal monsoon
weather and the recent reinstatement of the Movement Control Order (“MCO”) and Conditional Movement
Control Order (“CMCO”) in various states. These have resulted in lesser activities for the Maintenance,
Construction and Modifications Contract (MCM) and Topside Maintenance Services works under the Pan
Hook-up and Commissioning Contract (Pan HUC). Concurrently, strict adherence to the standard operating
procedures of COVID-19 has also resulted in higher operating costs.
In tandem with lower work orders, vessel utilisation was recorded at lower rate of 20% during the period
under review compared to 55% in the first quarter of 2020. The relatively low vessel utilisation is partly due
to lagged effects of oil majors’ capex reduction in addition to the adverse monsoon weather.
For topside maintenance and offshore activities, we expected to pick up gradually, due to the current
improvement in crude oil prices which are estimated at level of USD60-65 per barrel barring unforeseen
circumstances. Furthermore, we still have call-out contracts estimated at RM2.5 billion which we project that
our vessel utilisation rate to improve, as more vessels are earmarked for our offshore maintenance and hookup commissioning contracts with various oil majors where activities are predicted to be ramping higher.
Total gross proceeds of RM132,342,850.53 were raised from placing
out 96,480,900 shares at placement price of RM1.3717 per share.

PP at 1.3717, anything below this just grab and wait for turnaround


nashvz
221 posts

Posted by nashvz > May 25, 2021 5:54 AM | Report Abuse

that was historical report that why sp still low. nevertheless, oil price in Q2 is way higher than Q1. going forward Dayang performance will be much better.


bullmarket1628
765 posts

Posted by bullmarket1628 > May 25, 2021 7:13 AM | Report Abuse

Walaoeh, oil price continue to spike up like mad !
Brent closed at $68.40 ‪+2.05 +3.1%‬

‪Huat ah, Heng ah, Ong ah !‬


MF0001
923 posts

Posted by MF0001 > May 25, 2021 9:56 AM | Report Abuse

UNKER DAYANG

WAN TO SLEEP SLEEP

STILL HIBERNATING KAH

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDD


bullmarket1628
765 posts

Posted by bullmarket1628 > May 25, 2021 1:52 PM | Report Abuse

Dayang prospects to recover with rising crude oil prices

https://www.thestar.com.my/business/business-news/2021/05/25/dayang-prospects-to-recover-with-rising-crude-oil-prices

* ANALYST REPORTS
* Tuesday, 25 May 2021 
9:02 AM MYT

KUALA LUMPUR: Coming off deep losses in the first quarter of the year, Dayang Enterprise Holdings Bhd
's activity levels are expected to rebound on the back of a recovery in crude oil prices.
According to Kenanga Research, the 1QFY21 core net loss of RM34.5mil was broadly within expectations against its full-year forecast of RM87.6mil and consensus' 2021 projection of RM113mil, as 1Q is seasonally the weakest quarter....


bullmarket1628
765 posts

Posted by bullmarket1628 > May 28, 2021 6:00 AM | Report Abuse

Walaoeh, oil price continue to rise !
Brent closed at $69.‪24 +0.51 +0.74 %‬

‪Huat ah, Heng ah, Ong ah !‬


nashvz
221 posts

Posted by nashvz > May 31, 2021 9:15 AM | Report Abuse

while many are afraid, oil price up again. now at $69, soon topping to $70


Baby Shark
4828 posts

Posted by Baby Shark > May 31, 2021 10:12 AM | Report Abuse

Hahaha.. got 1 day sure below 0.90


bullmarket1628
765 posts

Posted by bullmarket1628 > May 31, 2021 2:28 PM | Report Abuse

Walaoeh, oil price continue to rise !
Brent now at $69.22 ‪+0.50 +0.73%‬

‪Huat ah, Heng ah, Ong ah !‬


bullmarket1628
765 posts

Posted by bullmarket1628 > May 31, 2021 4:00 PM | Report Abuse

Walaoeh, oil price now super damn hot man !
Brent now at $69.56 ‪ +0.84 +1.22 percent
‪Almost break $70 per barrel already!‬
Huat ah, Heng ah, Ong ah !‬


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 1, 2021 9:18 AM | Report Abuse

Walaoeh, oil price spike up like mad !
Brent now at $69.91 ‪+0.60 +0.87%‬

‪Today definitely can break above $70 per barrel already liao lah !‬

Huat ah, Heng ah, Ong ah !‬


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 1, 2021 9:53 AM | Report Abuse

Walaoeh, oil price continue it’s bull run !
Brent now at $70.10 ‪+0.79 +1.14% percent !
Wow, brent already break above USD $70 per barrel !
Guys, What r u still waiting for ?
Huat ah, Heng ah, Ong ah !‬


Totalpackage
525 posts

Posted by Totalpackage > Jun 1, 2021 10:46 PM | Report Abuse

$71 alreadyyyyy. Rocketing!!!


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 2, 2021 9:12 AM | Report Abuse

Walaoeh, oil price super damn hot man !
Brent closed at $70.60 ‪+1.28 +1.85%‬

Huat ah, Heng ah, Ong ah !‬


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 2, 2021 4:33 PM | Report Abuse

Walaoeh, oil price continue to rise !
Brent now at $70.87 ‪ +0.62 +0.88%‬

Huat ah, Heng ah, Ong ah !‬


wallstreetrookie
3516 posts

Posted by wallstreetrookie > Jun 2, 2021 7:13 PM | Report Abuse

Decarbonization is the future. Rapid declines in carbon emission would reward oil producers that are trying to lead the transition by adopting renewable energy.


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 3, 2021 6:51 AM | Report Abuse

Walaoeh, oil price continue it’s bull run !
Brent closed at $71.25 ‪+1.00 +1.42%‬

Huat ah, Heng ah, Ong ah !‬


Yippy68
1325 posts

Posted by Yippy68 > Jun 3, 2021 8:12 AM | Report Abuse

so good, my way still work, Dayang, below 1.40 buy, sell later, may be 1.50 or more. haha


Bgt 9963
2798 posts

Posted by Bgt 9963 > Jun 3, 2021 8:35 AM | Report Abuse

Hoot9e...!


Yippy68
1325 posts

Posted by Yippy68 > Jun 3, 2021 9:42 AM | Report Abuse

waiting at 1.50, will let go , oil price can not predict. tomorrow another day.


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 3, 2021 9:45 AM | Report Abuse

Walaoeh, super damn hot man Dayang today !
Now Dayang already traded at 1.47 (+0.10) (+7.3%) !

Huat ah, Heng ah, Ong ah !‬


Vorster89
158 posts

Posted by Vorster89 > Jun 3, 2021 3:35 PM | Report Abuse

Die la, bought at 1.48


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 4, 2021 6:48 AM | Report Abuse

Wow, oil price continue to rise !
Brent closed at $71.41 ‪+0.06 +0.08%‬

Huat ah, Heng ah, Ong ah !‬


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 5, 2021 7:08 AM | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at $71.63‪ +0.22 +0.‬3%

Huat ah, Heng ah, Ong ah !


Bgt 9963
2798 posts

Posted by Bgt 9963 > Jun 5, 2021 8:41 AM | Report Abuse

Hoot9e...!


greedy44
723 posts

Posted by greedy44 > Jun 5, 2021 9:10 AM | Report Abuse

NEW YORK: Oil extended gains on Friday, with Brent topping US$72 a barrel for the first time since 2019, as OPEC+ supply discipline and recovering demand countered concerns about a patchy COVID-19 vaccination rollout around the globe.

The Organization of the Petroleum Exporting Countries and allies on Tuesday said they would stick to agreed supply restraints. A weekly supply report on Thursday showed U.S. crude inventories dropped more than expected last week.

Oil extended gains after U.S. figures showed nonfarm payrolls increased by 559,000 jobs last month. The U.S. dollar weakened after the report, making oil cheaper for holders of other currencies and lending support to oil prices.

Brent crude rose 58 cents, or 0.8%, to settle at $71.89 a barrel, after touching $72.17, its highest since May 2019.

U.S. West Texas Intermediate crude rose 81 cents, or 1.2%, to settle at $69.62. The session high was $69.76, its highest since October 2018.

Oil prices drifted higher after U.S. energy firms this week cut the number of oil and natural gas rigs operating, for the first time in six weeks, data from energy services firm Baker Hughes showed.

"After much dilly-dallying, Brent appears to have found a new home above $70," said Stephen Brennock of oil broker PVM. "Summer and the reopening of the global economy is bullish for oil demand in the second half of the year."


greedy44
723 posts

Posted by greedy44 > Jun 5, 2021 9:11 AM | Report Abuse

Brent rose about 3% on the week while U.S. crude notched gains of nearly 5%. It is the second week of gains for both contracts.

Also boosting oil this week was a slowdown in talks between the United States and Iran over Tehran's nuclear programme, which reduced expectations of a return of Iranian oil supply.

"Energy markets are locked in on Iran nuclear talks that should pick up next week," Edward Moya, senior market analyst at OANDA said.

"The fifth round of negotiations will heat up next week and that should keep oil prices supported as Tehran will stick to their red lines for restoring the nuclear deal."

Meanwhile, U.S. crude output is likely to grow more slowly than expected as shale producers have added only a limited number of extra rigs to boost production, opting to push for higher prices and profits instead.

While rising demand and the fast pace of vaccinations in countries such as the United States have boosted oil, a slower inoculation rollout and high infections in the likes of Brazil and India are hitting demand in high-growth oil markets.

"Not every country in the world is on a full recovery mode yet, but at the moment no hiccup seems able to reverse the bullish momentum ushered in by strong summer demand," Rystad Energy's oil markets analyst Louise Dickson said.


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 5, 2021 11:04 AM | Report Abuse

Walaoeh, today’s Sin Chew Jit Pow financial section main page full report on
all investment bank give a “加码“ or “Buy” to O & G counters !


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 5, 2021 11:05 AM | Report Abuse

RHB Retail Research give Armada a t.p of 0.51
AmInvestment Bank Research give Sapnrg a t.p of 0.29

Huat ah, Heng ah, Ong ah !


wallstreetrookie
3516 posts

Posted by wallstreetrookie > Jun 8, 2021 9:00 AM | Report Abuse

Option traders bet on return of 100$ oil despite negative prices in March 2020


casion911
47 posts

Posted by casion911 > Jun 8, 2021 2:46 PM | Report Abuse

Buy buy buy and collect serbadk nowww. Its so cheap cheap cheap. Dont miss the flighttt when it shoots highhhh.


wallstreetrookie
3516 posts

Posted by wallstreetrookie > Jun 9, 2021 6:10 AM | Report Abuse

New dividend policy could be the next catalyst for oil stocks. - Barrons


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 9, 2021 8:20 AM | Report Abuse

Walaoeh, oil price continue to rise !
Brent closed at $72.06 +0.57 +0.8%

Huat ah, Heng ah, Ong ah !


wallstreetrookie
3516 posts

Posted by wallstreetrookie > Jun 9, 2021 8:42 AM | Report Abuse

Ovintiv OVV +111.45% YTD EOG resources EOG +75% YTD


Bgt 9963
2798 posts

Posted by Bgt 9963 > Jun 9, 2021 8:47 AM | Report Abuse

Hoot9e...!


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 9, 2021 11:01 AM | Report Abuse

Walaoeh, oil price continue to spike up like mad !
Brent now already at $72.76 +0.54 +0.75 percent

Huat ah, Heng ah, Ong ah !


param1
532 posts

Posted by param1 > Jun 9, 2021 11:07 AM | Report Abuse

lol


casion911
47 posts

Posted by casion911 > Jun 9, 2021 4:02 PM | Report Abuse

Serbadk gonna be hot soon. Lowest price u can get for a company such like them. Buy buy buyyyy before it flyyy. Only 63 sen now.


bullmarket1628
765 posts

Posted by bullmarket1628 > Jun 13, 2021 10:46 AM | Report Abuse

Oil price hits multi-year highs in third weekly gain on demand recovery
Saturday, 12 Jun 2021 7:01 AM MYT

https://www.thestar.com.my/business/business-news/2021/06/12/oil-price-hits-multi-year-highs-in-third-weekly-gain-on-demand-recovery

New York: Oil prices reached fresh multi-year highs on Friday, closing out a third straight week of gains on an improve outlook for worldwide demand as Covid-19 vaccination rate help lift pandemic curbs.
Brent crude futures settled at US$72.69 a barrel, rising 17 cents after reaching their highest since May 2019.
For the week Brent was up 1%

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