of course all in la....from debt free to net cash with dividend soon

https://www.malaysiakini.com/news/328770

genting involved in fraud deal....Tuesday gap down....gluck

TP8.00 right on track....shell has no more borrowing since 2015....

read this week focus malaysia

http://www.focusmalaysia.my/Mainstream/Shell%20Refining%20rethinks%20plant%20sale

those who want to sell quickly sell to me....tq

http://www.thestar.com.my/business/business-news/2016/01/29/telcos-may-have-to-pay-billions-of-ringgit-for-spectrum/

KUALA LUMPUR: Malaysian telco companies may have to pay billions of ringgit to retain or acquire more 900MHz and 1800MHz spectrum and CIMB Equities Research is keeping its Neutral rating for the sector.

“We believe Maxis and Celcom stand to lose the most given the potential cash outlay for their larger spectrum holdings. They may also lose some 900MHz spectrum that could see a degradation in their network coverage. While DiGi could get more 900MHz spectrum, it may have to fork out a lot of cash to win some in the auction,” the research house said on Friday.

CIMB Research pointed out there may be more cash outlays for telcos to renew spectrum licences going forward. The 3G-2.1GHz 15-year licences are up for renewal in 2018-20, while the 2.6GHz spectrum’s 5-year assignment period is up for review in Dec 2017.

Nevertheless, this latest development adds to the challenging outlook for the sector in 2016, it said. On Thursday, under the revised Budget 2016, the government announced that it will optimise the revenue from telecommunication spectrum through a redistribution and bidding process that will be implemented soon.

“This is a negative surprise for the sector as mobile incumbents may need to pay substantial amounts to retain or acquire more 900MHz and 1800MHz spectrum.

“The initial 900MHz and 1800MHz spectrum licence term had expired several years ago and is now renewed annually. All spectrum was previously allocated on a beauty-contest (3G-2.1GHz) or assignment (4G-2.6GHz) basis, with minimal upfront payment charged for the spectrum,” it said.

In the recent Thai auctions, the reserve price for the 900MHz spectrum was 12.9bil baht for 2 x 10MHz, or RM2.2mil/MHz per million population. For 1800MHz, the reserve price was 15.9bil baht for 2 x 15MHz, or RM1.8mil/MHz per million population.

“If the MCMC uses the same reserve price benchmark, the minimum Maxis, Celcom and DiGi would have to pay to retain their 900MHz and 1800MHz spectrum are RM2.37bn, RM2.43bn and RM1.46bn, respectively. This would shave off 4.7% of our target price for Maxis, 4.2% for Axiata and 3.8% for DiGi.

“The final spectrum price will depend on the auction terms and the bidding intensity. In the recent Thai auctions, the final prices were 2.5x (1800MHz) to nearly 6x (900MHz) higher than the reserve price due to intense bidding.

“If we assume the same outcome, Maxis, Celcom and DiGi would have to pay RM9.55bil, RM9.94bil and RM4.11bil, respectively, to retain their existing spectrum holdings. In this case, our target prices for Maxis/Axiata/DiGi would be cut by 19.0%/17.0%/10.6%.

“Mobile incumbents could lose the spectrum to smaller existing operators (TM-P1, U Mobile, YES) that outbid them. In this scenario, they would have to spend more capex to re-tune and build network capacity to make up for any loss of spectrum. Competition from the smaller operators that win spectrum may also intensify,” it said

hold tight tight...this stock is far undervalue

i think most ppl already shared their facts and research...its up to you to believe...market can always be manipulated by invisible hands in which ppl have no control of... they can be also manipulating it to buy cheap from you now..

that's why take it and go...no need to bark bark here day and night.......u not tired but the rest of us are tired...we are here because we believe on what we invest.....whoever wanna sell..go ahead and sell lor...nobody stopping you also...its a trade ma...willing buyer willing seller...what for bark here everyday claim other ppl conman.....do your own research and see the results for yourself...what makes u think analyst are not conman??.....

then pls cutloss....take it and go........I said..."take it....ta...ke it.....and....GO!"

and don't waste time visiting this forum

those who wanna sell...please sell now and don't waste time...no need talk so much cock here....

http://www.thestar.com.my/business/business-news/2016/01/28/breakfast-briefing-january-28/

Shell shareholders approve US$50b BG takeover: Royal Dutch Shell shareholders approved its US$50 billion takeover of BG Group on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas trader in the world. BG shareholders are also expected to approve one of the biggest deals in the energy sector in the past decade at a meeting on Thursday, a vote that would allow the two oil and gas companies to merge on Feb 15. - Reuters

http://www.cnbc.com/2015/12/09/oil-prices-to-benefit-asian-ems-refining-hubs.html

you are absolutely right sunztzhe...if it's not a good buy...then why would china want to buy our largest oil refinery!

don't forget his is the largest refinery in malaysia....sure gap up already

hahaha...now you know why they kept pressing the price down!...eat all the panic sellers...

attractive ...that's why china eyeing

http://www.thestar.com.my/business/business-news/2016/01/22/src-confirms-china-firm-is-eyeing-royal-dutch-shells-51pc-stake-in-it/

shell having the largest chain of petrol station in msia...TP 8.00 short term is not a dream

a lot of ppl missed this news back in May 2015, when oil price started to tumble...shell refinery Malaysia already turn around to profit...last quarter plant shutdown 44 days MTA for upgrading and maintenance works on project hijau to enhance and optimize refinery margin...upcoming quarter will be explosive EPS...with raw crude oil even cheaper now..

http://www.thestar.com.my/business/business-news/2015/05/18/shell-malaysia-returns-to-profitability-in-q1/

probability...when is the QR?

hold on tight to this...funds are throwing and buying silently...

till now ppl still duno what's upstream and downstream...the retrench is from global office in all countries....to streamline the operations to enhance cost effectiveness such as IT... ..nothing relate to a particular entity...

on the edge news today

http://www.businesstimes.com.sg/wealth/this-billionaires-wealth-grew-most-in-world-as-oil-plunged


NEW DELHI] Oil's plunge and the impact on the global economy is hurting many a billionaire. Indian tycoon Mukesh Ambani isn't one of them.

Reliance Industries Ltd, controlled by Mr Ambani, is benefiting from low crude prices as margins swell at the company's refining complex, the world's largest.

Mr Ambani's net worth increased US$620 million as of Friday, the most in the world in 2016, according to the Bloomberg Billionaires Index.

That's almost five times more than the second-biggest gainer this year, Wal-Mart heiress Alice Walton, who's up US$130 million.

Among India's 13 billionaires in the world's richest 400, Mr Ambani is also the only one to see an increase in his fortune.

Profit for the December quarter, to be announced later Tuesday, is projected to rise to an eight-year high to 69.8 billion rupees (S$1.48 billion), from 50.9 billion rupees a year earlier, according to the median estimate of 16 analysts in a Bloomberg survey.

Higher refining margins will underpin the performance as oil prices during the quarter were 42 per cent lower on average from the year-earlier period.

That's attracted investors including BlackRock Inc to Reliance, making the Mumbai-based company the best performer on the Bloomberg World Oil & Gas Index over the past three months.

"Any increase in refining margin helps Reliance's profit significantly because that business is the largest contributor to the bottom line," said Sanjeev Panda, Mumbai-based analyst at Sharekhan Ltd. The shares have gained "because of the sharp fall in crude reflecting positively on the margins."

Brent oil has fallen more than 70 per cent the last 18 months as the Organisation of Petroleum Exporting Countries (Opec) effectively abandoned output limits amid a surplus. The global benchmark crude on Tuesday added 54 cents, or 1.9 per cent, to US$29.09 a barrel on the London-based ICE Futures Europe exchange at 2.31 pm Singapore time.

Reliance's shares climbed about 14 per cent in 2015, ending a seven-year jinx of under-performing the S&P BSE Sensex. The stock slid 37 per cent from 2008 through 2014, versus a 35 per cent advance in India's benchmark equity gauge, as the company spent billions of dollars to expand its chemicals capacity and plowed US$15 billion in a telecommunications venture.

Reliance Jio Infocomm Ltd, Mr Ambani's telecom unit, plans to sell 150 billion rupees of shares to existing stockholders, according to an exchange filing late Monday.

"Start of projects worth US$30 billion across segments will make 2016 the biggest year in Reliance's history," Vikash Kumar Jain, an analyst at CLSA, wrote in a Jan 4 note.

on the edge news Daily today

http://www.businesstimes.com.sg/wealth/this-billionaires-wealth-grew-most-in-world-as-oil-plunged

NEW DELHI] Oil's plunge and the impact on the global economy is hurting many a billionaire. Indian tycoon Mukesh Ambani isn't one of them.

Reliance Industries Ltd, controlled by Mr Ambani, is benefiting from low crude prices as margins swell at the company's refining complex, the world's largest.

Mr Ambani's net worth increased US$620 million as of Friday, the most in the world in 2016, according to the Bloomberg Billionaires Index.

That's almost five times more than the second-biggest gainer this year, Wal-Mart heiress Alice Walton, who's up US$130 million.

Among India's 13 billionaires in the world's richest 400, Mr Ambani is also the only one to see an increase in his fortune.

Profit for the December quarter, to be announced later Tuesday, is projected to rise to an eight-year high to 69.8 billion rupees (S$1.48 billion), from 50.9 billion rupees a year earlier, according to the median estimate of 16 analysts in a Bloomberg survey.

Higher refining margins will underpin the performance as oil prices during the quarter were 42 per cent lower on average from the year-earlier period.

That's attracted investors including BlackRock Inc to Reliance, making the Mumbai-based company the best performer on the Bloomberg World Oil & Gas Index over the past three months.

"Any increase in refining margin helps Reliance's profit significantly because that business is the largest contributor to the bottom line," said Sanjeev Panda, Mumbai-based analyst at Sharekhan Ltd. The shares have gained "because of the sharp fall in crude reflecting positively on the margins."

Brent oil has fallen more than 70 per cent the last 18 months as the Organisation of Petroleum Exporting Countries (Opec) effectively abandoned output limits amid a surplus. The global benchmark crude on Tuesday added 54 cents, or 1.9 per cent, to US$29.09 a barrel on the London-based ICE Futures Europe exchange at 2.31 pm Singapore time.

Reliance's shares climbed about 14 per cent in 2015, ending a seven-year jinx of under-performing the S&P BSE Sensex. The stock slid 37 per cent from 2008 through 2014, versus a 35 per cent advance in India's benchmark equity gauge, as the company spent billions of dollars to expand its chemicals capacity and plowed US$15 billion in a telecommunications venture.

Reliance Jio Infocomm Ltd, Mr Ambani's telecom unit, plans to sell 150 billion rupees of shares to existing stockholders, according to an exchange filing late Monday.

"Start of projects worth US$30 billion across segments will make 2016 the biggest year in Reliance's history," Vikash Kumar Jain, an analyst at CLSA, wrote in a Jan 4 note.

http://www.oil-price.net/en/articles/who-benefits-from-lower-oil-prices.php

makcik kat petrol station tak tau manage inventory.....hanya tau dapat lesen station minyak

it's a certainty when raw crude oil prices is going stay low these few years....

now the refinery is lucrative biz....and poised for a turn around soon....now they don't want to sell...

alot of ppl still do not understand what is upstream and downstream....upstream is extraction of oil from the source that requires exploration...etc...downstream are converting the cheap crude oil into ready made products like lubricants...petrol, engine oil, brake oil, petroleum distillate for manufacturing sector....etc...so imagine shell malaysia refinery is buying cheap crude oil and selling ready made products at prices that has never dropped and even increased like plastic bags and lubricants....these are clearly reflected in their accounts

that's shell Europe in London because it deals with upstream....shell malaysia refinery is downstream....nothing to do with that...

yeah...well said...

teoniaseng !!!

can become Grilled Chicken Burger - GCB?

sinchew is a snake...let's wait for BG Group take over official announcement soon and then shell will fly high

hold tight and wait for the BG Group take over deal that will bring in huge revenue...happening early 2016

I already said sinchew digging out some old rumours...wtf...damn sohai....shell refinery is very lucrative now and with BG group takeover...shell will fly very high...

oil n gas are lucrative biz...that's why they are heavily regulated...the BG group acquisition is creating a Shell giant in the world....that's why it requires the approval of many countries as many are worried that shell will monopolize this sector...dont write something that you don't know...it just shows the writers credibility and ethics is zero!

china is worried that shell monopolize the market by taking over their rival BG group....therefore shell need to seek their approval on the buyout of BG group which will happen soon as they just got clearance.....and here comes sinchew coming out some rumour??..haha...omg...even the edge market don't have such news....unethical rumour mongers

get your facts right...
Energy giant Royal Dutch Shell has announced it will be making approximately 2,800 job cuts globally following its takeover of rival BG Group. These job cuts are approximately 3% of the total combined group workforce.

“Shell’s expectation is that BG’s business would be integrated into Shell’s businesses. As part of that, Shell proposes that office consolidation will be undertaken where practical in certain locations around the world,” the company said in a statement.

Marketing has reached out to Shell for more comments on how its APAC marketing team will be affected.

In September, Shell Malaysia had announced that it would be making 1300 job cuts “to focus improving efficiency and removing complexity to become a more agile and competitive company.”

These reductions are in addition to the previously announced plans to reduce Shell’s headcount and contractor positions by 7,500 globally. The proposed changes are subject to deal completion, engagement with affected employees and relevant employee representatives.

Meanwhile, the confirmation of BG Group’s takeover worth SG$117 billion came in following clearance from the anti-trust authorities in China, which removes the final regulatory obstacle for its deal.

The clearance from China’s Ministry of Commerce follows similar approvals from the authorities in Australia, Brazil, and the European Union, Shell said in a statement



http://www.marketing-interactive.com/shell-axe-2800-jobs-bg-takeover/

This is a strategic deal that will make Shell a more profitable and resilient company in a world where oil and gas prices could remain lower for some time. We will now seek approval from both sets of shareholders as we move towards deal completion in early 2016.”

that's is a rumour that was already released yesterday....if it's true it will be suspended pending announcement....

read this...
http://www.offshoreenergytoday.com/shell-bg-merger-gets-final-regulatory-clearance-china/

shell is growing

as expected....flushed out all the weak holders...first TP7 in coming days for shell

exactly....its the matter of time...can buy now...value deal ...
today flush out all the contra and T4 margin call players ....force selling has completed...time to rocket soon

haha...today clear semua T4 Margin call....prepare to rocket after this...

retailers rugi gila.......refiners UNTUNG GILA!!!!....

the project investment last quarter is seeing fruits now....the selling yesterday was due to margin call....now it's the time you get to buy low....short TP 8.50

QR next week...today last chance to buy below 6

now oil price already very low...its benefiting the oil refineries...if oil drop somemore to USD20 it is even better for oil refineries....factories and transport vehicles all use lubricants...this sector will fly soon...thanks to panic sellers in the morning...haha

look at the freaking block of shares...suddenly sapu all...looks like someone is pushing it and collect more...

because of low oil price....plastic stocks like tguan slp...etc...already rally....many ppl have overlooked the refinery sector....all the lubricants used by service centre never reduce in price....in fact it cost more over the years...

let's watch whether petronm or shell hit TP 10 first