“The Life Cycle of Oil and Gas Fields. Oil and gas fields generally have a lifespan ranging from 15 to 30 years, from first oil to abandonment. Production can last 50 years or more for the largest deposits. Deepwater fields, however, are operated just five to ten years due the very high extraction costs“

Velesto would continue to invest on building new rigs should the opportunity arises. Apart from Velesto and SApura, who has the expertise and capabilities to do so?

I’m not expecting the share price to fly in short term but rather a gradual increase in mid terms. One will know if they understand the amount of share that this counter have. Still very promising counter for mid to long term.

Won’t goring until the address the debt issue la. Check the company fundamental and don’t compare one from the other even from same industry. Be a smart and knowledgeable investor.

Great Performanace KNM. Could be some pipeline project + YB Zuridah plan to kick in WTE Announcement coming soon. Anyway great day for KNM

Oppurtunity for KNM!

https://www.malaymail.com/news/malaysia/2019/04/02/ministry-studying-sites-for-waste-to-energy-plant/1738931

The probability of Velesto getting more jobs from petronas is getting higher as shared in petronas report + oil price. Once annocument out, I would see the price breaking the .5cent mark. Couple with good/strong qtr number from now on, will push the price even further. Indeed a promising stock to invest in.

Debt is the issue. Without strong profitable growth will make Armada less attractive unless they are able to reduce their debt. Loan itself won’t help

Their high debt. Wonder With $500mil, how much could it cover?

Good performance since last week. Keep it up KNM!

Calvin.... what’s your reading on ICON?

Another solid finish! More growth potential coming!

If brusa allow them to trade again. Their OL would be extremely positive to get some Upsream project this year. Making a good recovery during a positive macro environment, provided their MGMT do the right thing. Still consider this as a TOTO approach!

Continue to Huat Kau Kau Velesto

Positive OL that help build confidence on Velesto. Good Q1 earning will be key for more advancement in share price.

Will be loading more this week!

A Very promising OL for Velesto in 2019 as petronas plan to increase their upstream activities form current 2018 about 15 Rigs to 25-29 rigs in the year of the pig. Huat kau kau Velesto!

While the oil and gas environment continues to be challenging and Petroliam Nasional Bhd (Petronas) will continue to be mindful of being cost efficient, it looks like 2019 might actually be a more vibrant year for the upstream oil and gas segment.

Firstly, Petronas CEO Tan Sri Wan Zulkiflee Wan Ariffin expects capital expenditure (capex) to increase to above RM50bil in 2019 from RM46.8bil last year.

Manage to load up more yesterday. Huat Kau Kau.

Sardin, u really “sai lang” with this counter ah. After the drame they put up last few years, it’s about time they show their real books in the year of the pig. Let’s all Huat kau kau ah!

Looks like they are putting all into 2018 book and start afresh in 2019. Get ready for a roller coaster ride.

It’s black ink! Let’s continue to drive growth and profitability in 2019!

The macro environment indeed very encouraging for Perisai. Yet it remain to be seen if they are able to do a turnaround.

Loaded more @0.11.

In Q to buy more KNM.

Lai Toto Lai!

Next hurdle it to wait for bursa decision on the appeal made by Perisai. Looking at the speed they took to decide on the Jan 19 decision, likely will be few weeks down the road.

Still got Chan to win ToTo! Huat ah!

Fortune888. No one will know what will happen. Let’s wait and see. Win Toto or do donation. Coool la.

Some say buy ToTo others say Donation. Buy at your own reading. Don’t buta buta buy.

Treat this like buying TOTO. Cooooool!

At current 0.05 is the lowest. Can’t go any lower. Why not bursa just delist them? Why wait till 22 Jan to suspend and Feb to delist. knowing the announcement last week will make this stock sell off big time. Can’t see the logic here. Niamah! buy TOTO time.

Wonder why bursa make this kind announcement with 1 month notice. It should make announcement and delist the next working day? Niamah! Buy TOTO lah!

Impressive. Can it sustain? Need more good news to drive price up.

Hope it will sustain and not fall back next week!

Ada olang untung busat!

BA Fundamentali is still weak! Don’t expect any jump until they come out Witt a good plan to reduce their debts.

Many thing have change in Dec from Nov. With lower oil price it’ll push petronas to relook at their 2019 plan. Petronas plan for 2019 is based on Brent at 66/tong.

Oil price really yo-yo 9% in a day!

Parttimer....Why PN17?

Shoddy CEO. Poor communication skills. How to lead?

Sell of in most of the ONG counter. Wonder why?

Major sell off today. Some announcement soon.

Alamak impairment again! Now debt gearing getting worst.

Q3 earning Result out already ? Pls share. Tq

Wonder how would their Q3 performance? Still making loss?

The lack of clarity on how they going to manage their debt will continue to add downward pressure on BA. Moreso with bearish market!

Issue on debt will continue to make investors to shy away from BA

Looks to have positive sign heading to 3Q result, even with negative sign on bearish oil price.

Some recent update earlier this year. The utilization rate will improve and optimized their cost to improve their earnings.