Time for energy sector to shine ✨. Let’s fly!

In China.

Market is overreacting to potential JFT plant interruption due to C19 surge. Event if it happens it will not have impact on mid and long term drivers.

Marigold + Repsol will be the key driver for 2022 onwards. With Brent price holding strong >70/tong, a promising year for Hibiscus with additional reward if the oil price continue to stay high.

great sets of FY results couple with the 4cent dividend FY. I'm expecting an upward TP revision based on improved FY EPS of 6.2 sen

EcoWorld Malaysia’s balance sheet continued to strengthen – comparing the following key
financial metrics as at 31 October 2021 vs 31 October 2020:
o Cash and Bank balances increased by 72%
o Net Borrowings reduced by 27%
o Net Gearing reduced to 0.44 times
o Net Asset per share grew to close at RM1.62 as at 31 October 2021

Qtr earning will be out this week. All d best guys

With oil price continues with an upward trend, the OL for this sector continues to show greater strengths. This will propel BA price to chart a new high going into Q1 next year. Look set to have a higher TP announced by the research house in Nov. Would be nice to break RM0.9/sen by Dec

At this price level most of the Oil majors are making a handsome profit. Any more then this will be a strong booster for recovery for this sector. Current demand supply dynamics look promising to push the price higher.

https://www.theedgemarkets.com/article/eleven-malaysian-outfits-make-it-forbes-asias-200-best-under-billion-list

Congrats BA on another strong Qtr. The remaining year looks solid.

Expecting to have a good Qtr going forward with oil price maintain at this level or higher to boost oil majors investment and CAPEX.

Nice turnaround indeed. Both businesses are doing well. with a good profit margin. With current oil price would expect Q3 would be good as welll

Oil price has been averaging higher yet BA continue to fluctuate with no clear sign of strength. Petronas still Play a big part to prop up the the sector in Malaysia, like it or not.

Go break $0.505 today!

Petronas remains silent. Need her to make some significant announcement to prop up the sector.

TP RM0.80. >60% upside potential.

Oil and gas allowed to operate during the 2 week lockdown.

BA Net Profit margin is 28.36%. Not many large businesses like BA are able to generate such a strong margin.

Total borrowing in Q121 stands at RM8.14B vs Q420 RM8.30B. An improvement of RM0.16B reduction of total borrowing Q2Q. This will further pair down the gearing which most investors is looking at. Solid result lets see how the market responds.

The results beat market expectations and this call for TP rerating. TP of RM0.80 will be a good start.

Wow 70% achieved in 50% of timeline. Q2 should be their record sales ever RM1.3B. Higher TP for this counter.

Smart money moving in anticipation a strong set of Q1 result. Oil price continue to move higher provide strengths to the energy sector going into 2H 21.

Green pentagon out on Armada. line change coming.

Flat ok la. Bata then negative.

Since June last year it’s been bouncing out and in. Where you think they are going? Soon.

Would Velesto Naga 7 event couple with strong oil price be a boon for Icon drilling? They have to be caution and learn from Naga 7 incident.

The compensation will be based on the investigation. First time hearing this issue with drilling rigs.

Bursa have no time for us ikan bilis lah. Unless u “guru” no license. Back to revenue, sky the limit!

Read this https://www.theedgemarkets.com/article/even-if-youre-investment-guru-you-can-be-jailed-10-years-without-licence

SC & Bursa check spreading news here? Sure ka? Free to share la. It’s up to ones ability to read in or out.

Mai loot, if you long terms investor, just enjoy the ride. If not you can decide now.

RM2.9B tender....in a niche market with Velesto being the front runner to secure upcoming tenders. With the niche play, one can assuming they secure 50% (RM1.5B) tender as low case probability and high case 90% of the tender with a strong upside to the share price.

PE ratio 13 x vs sector avg 36 x. More room to go.

ATH = ALL TIME HIGH

7. Proven track record delivering growth management team.

Show time, again!

Even with all these challenges, EW is able to pull out a stellar set of financial results. That shows that TS LKS team strategy is well in place to deliver growth for EW business. The research should be looking to provide an upgrade TP for EW. RM1.....very possible.

Desperate to be PM making a press conference later today. Do expect more downward pressure on bursa

Go check Forbes richest man in Malaysia, Mickey. The answer is there.

Learn to read the technical and fundamentals of each stock. This will help you to make more money. If not, high chance will lose moni. Decision is in your hand.

i say Banglaman - Alam jatuh..... what advise you giving now?

Icon acquisition on perisai rig is just timely to generate new income stream. Oil price continue to head north and would have greater benefit for the drillers.

How many drillers we have in Malaysia. Does Petronas have a better choice?

Nikichong, why sell? Should let it run above RM1 since the outlook is so bright.

Alam macam mana bangla. Hahaha

Look at the gloves counters and you'll know if the decision to venture into gloves is a good idea for EW. Just stick to what they are good at and don't be a jack of all trades and master of none. MHO

Delaying qtr result in most cases is a bad qtr

Ive stop reading articles from oil price.com. I don’t find the report as insightful and often-time misleading. I prefer reading articles from CnBC or investing.com MHO

i Alam macam many? Lagi baik kot? Hebat Untung besar bangla beli harga RM 0.10.

Time for smart money to digest. Next week price will pecah bumbung.