It is very high chances Armada will get the Limbayong FPSO contract..

Like domino effect...one dump all follow.

$90 Oil?

No additional supply at a time when inventories are drawing down and demand is roaring back will likely send oil prices higher in the near term, at least until the group reaches some sort of a deal.

Oil at $85 to $90 a barrel is on the cards if OPEC+ doesn’t raise supply next month, Fereidun Fesharaki, chairman of industry consultant FGE, told Bloomberg TV in an interview. Fesharaki expects the group to reach some sort of compromise over the next one to three weeks, during which oil prices will continue to rise.

“No additional oil in August, at a time when the physical market is incredibly tight, can easily lead to prices overshooting above US$90 a barrel,” Amrita Sen, Director of Research at Energy Aspects, told Bloomberg.

$90 Oil?

No additional supply at a time when inventories are drawing down and demand is roaring back will likely send oil prices higher in the near term, at least until the group reaches some sort of a deal.

Oil at $85 to $90 a barrel is on the cards if OPEC+ doesn’t raise supply next month, Fereidun Fesharaki, chairman of industry consultant FGE, told Bloomberg TV in an interview. Fesharaki expects the group to reach some sort of compromise over the next one to three weeks, during which oil prices will continue to rise.

“No additional oil in August, at a time when the physical market is incredibly tight, can easily lead to prices overshooting above US$90 a barrel,” Amrita Sen, Director of Research at Energy Aspects, told Bloomberg.

https://www.theedgemarkets.com/article/oil-prices-may-hit-us80-soon-if-planned-output-stays-same-says-ocbc

https://www.theedgemarkets.com/article/oil-prices-may-hit-us80-soon-if-planned-output-stays-same-says-ocbc

https://www.reuters.com/world/middle-east/oil-drops-lack-opec-unity-hangs-over-market-2021-07-05/

https://www.reuters.com/world/middle-east/oil-drops-lack-opec-unity-hangs-over-market-2021-07-05/

Biar lambat asalkan selamat..

https://www.cnn.com/2021/06/30/business/flying-car-flight-slovakia-scli-intl/index.html


Before EV conquer the world, flying car already in the midst of making. Even future flying car using Fossil Fuel (petrol). A slovakian engineering company, Klien Vision completed inter- city test flight four days ago. The so called AirCar taking off from airfield Nitra city and landing in its capital city Bratislava. A blow back to Elon Musk's Tesla.

https://www.cnn.com/2021/06/30/business/flying-car-flight-slovakia-scli-intl/index.html


Before EV conquer the world, flying car already in the midst of making. Even future flying car using Fossil Fuel (petrol). A slovakian engineering company, Klien Vision completed inter- city test flight four days ago. The so called AirCar taking off from airfield Nitra city and landing in its capital city Bratislava. A blow back to Elon Musk's Tesla.

https://www.klsescreener.com/v2/news/view/849695/o-g-not-out-of-the-woods-yet

https://www.klsescreener.com/v2/news/view/849695/o-g-not-out-of-the-woods-yet

0.60 mari..relax cool

0.45 harumanis coming...kikiki

Hahaha! nak naik seringgit pun sembut2 apatah 4.50.
.

Accumulate while can.

Veleslow soon become velezooom...kikiki

Old BOD out new BOD in..new and energetic. Velesto turning into all new chapter.

Wow! 16c..

Accumulate don't miss the opportunity...once break 0.52/53 then it will shoot up very fast to the next level until new basement will build as a support. After all bilis will chase for high price.

Epf disposed SD...soon join Armada.

Hahaha! Bumi derives from Tamil words my friend....

No hope. Come back to this counter when umn..in power. Don't waste time here

I see some still console they own self...wow! There is still strong supporter for SB even in the midst of turmoil.

Any sifu comments on this?

Armada issued Corporate proposal - management incentive plan.

80 sen akan datang

https://www.klsescreener.com/v2/news/view/845883/oil-enters-bullish-cycle

Knm is second SD in making...just beware.

Tak habis2 dgn agm egm agm egm. Cicak lawan dgn dragon. As long you all still hold the stock and support this hibokrat management...they will keep on doing the same. Just CL and move to better counters...let's the DOB playing among them.

Tulun tulun hey

0.45 vs 4.50 gang...lai.lai siapa cpt dia dpt..

Aiyo tulun tulun hey....

SD lingkup...armada still strong. Thks and gratitude to our Tan Sri AK...

Gardener what happen to your PENTHOUSE....hahaha!! bleeding ha now. Where is all your philosophy talk

Ya maybe suspended...safe your last penny while can. Invest in other counter like Armada...strong fundamental now.

Epf also trap now pening kepala...how to sell the remaining shares with this kind of price. Whose money epf money is our money laa...

Already reminded you all earlier...when epf dumping feng shui not good.

Monday will rebound...good price to collect.

Maybe due fmco announcement by our PM tomorrow...sentiment drag it.

SD unsinkable...kikiki

Hahaha!
Wcasion911 Serbadk is very cheap nowww. 53 sen. Buy before its too late. Dont be sorry later. Buy buy buy collect and keeepp for bonus laterrr.

Before, this guy saying the same thing when sb trading at 0.60c buy very cheap....now drop to 50c also this guy saying the same story buy very cheap keep for bonus. Later when drop to 0.30c this guy will tell the same story...bleeding kah you skrg.

Sure qtr profitable...

Go down buy more...

Relax cool

Yeah!! 0.45 vs 4.50 gang..lai lai siapa dpt dulu.

And naga 2 and naga 5 already hired by Petronas Malaysia combined contract value of usd 20.76mil (you all convert lerr into RM)

Naga 2 will commence its rig operation in between 15 May to 15 Jun 2021 (today is 23 of june by right the project already execute by now)
Naga 5 will commence its rig operation in between 1st Apr to 14 Apr 2021 ( project already kick off )

If everything move on smooth then this revenue will reflect in 2nd/3rd qtr...hopefully

Meanwhile...

Naga 4 was hired by Shell Malaysia with contract value of usd 17.68mil (you all convert to RM lerr) and the project commencing on 15 Aug to 15 Oct 2021..will reflect in 3rd and 4th qtr...hopefully also

And

Balance 2 more rigs pending for contract announcement soon and naga 7 waiting for insurance claim (if I'm not wrong insurance compensation up to 400mil)

So how to expect the price to shoot up immediately despite they (Velesto) even generate any proper income yet. That's why I said most probably mid/long term. Assume that another two more rigs gets combine contract of 20 to 30mil usd....isn't it fantastic!! So patience guys.

The plus point is Velesto so far very safe and transparent...doesn't hv any bad news like kmn and sb

Just my 2c opinion. Doesn't mean Buy and Sell call. Trade at your own choice.

Just patience...2 more rigs pending for contract announcement...coming soon.

Good news good news org yg ckp nanti TP cabut