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News & Blogs
2020-04-18 15:45 | Report Abuse
a president talk like this?
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2020-04-17 08:48 | Report Abuse
News & Blogs
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News & Blogs
2020-04-16 21:10 | Report Abuse
full of substance...precise, clear and convincing....powerful cili padi article!
unlike sifu Rcky Yeo and Jon Choivo...
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2020-04-16 11:04 | Report Abuse
in other words,
with the commitment from Petronas that they are maintaining the capex targeted for 2020 of 28 billion... nothing has changed to Dayang except for the MCO earlier which would reduced some level of service activity.
lets hope malaysia will get covid 19 under control much earlier than expected to avoid any supply chain constraint
Stock
2020-04-16 10:54 | Report Abuse
reduction of oil output inline with OPEC does not necessarily involve shutting down rigs, it can be easily done by operating each rig with a reduced throughput.
shutting down and demobilizing work force and restarting again would be more costlier option and its not flexible
this effectively means the same level of of rigs and thus the same level of operation and maintenance activity while supporting OPEC mandate
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2020-04-16 10:41 | Report Abuse
Petronas' cash position to remain net in next four years: Fitch
https://www.nst.com.my/business/2020/04/584489/petronas-cash-position-remain-net-next-four-years-fitch
Petronas had readily available cash of RM123 billion against total debt of around RM55 billion at end-2019, the rating agency said.
..........
further the daily recovery rate of covid is higher than new cases in Malaysia..
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2020-04-14 22:29 | Report Abuse
Karim acquired 750,000 shares
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2020-04-14 22:16 | Report Abuse
From the Horse's mouth: Capex is maintained for 2020
............................................
Malaysia's Petronas warns of project delays, aims to keep local capex
APRIL 13, 2020
https://www.reuters.com/article/health-coronavirus-malaysia-petronas/malaysias-petronas-warns-of-project-delays-aims-to-keep-local-capex-idUSL3N2C12MW
KUALA LUMPUR, April 13 (Reuters) - Malaysian state energy giant Petronas said the risks of delays to some of its projects were rising due to prolonged coronavirus-related lockdowns around the world.
Petronas, which operates in more than 20 countries including Brazil and the United States, said in an email that it would try to maintain its domestic spending for this year.
The company forecast 2020 domestic capital expenditure of 26 billion ringgit ($6 billion) to 28 billion ringgit, higher than last year. (Reporting by Krishna N. Das; Editing by Alexander Smith)
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2020-04-14 22:14 | Report Abuse
From the Horse's mouth: Capex is maintained for 2020
............................................
Malaysia's Petronas warns of project delays, aims to keep local capex
APRIL 13, 2020
https://www.reuters.com/article/health-coronavirus-malaysia-petronas/malaysias-petronas-warns-of-project-delays-aims-to-keep-local-capex-idUSL3N2C12MW
KUALA LUMPUR, April 13 (Reuters) - Malaysian state energy giant Petronas said the risks of delays to some of its projects were rising due to prolonged coronavirus-related lockdowns around the world.
Petronas, which operates in more than 20 countries including Brazil and the United States, said in an email that it would try to maintain its domestic spending for this year.
The company forecast 2020 domestic capital expenditure of 26 billion ringgit ($6 billion) to 28 billion ringgit, higher than last year. (Reporting by Krishna N. Das; Editing by Alexander Smith)
............
like i had mentioned earlier, its not the oil price that is the concern but lockdown or MCO was the constraint. Now slowly things will open up..
Stock
2020-04-14 22:13 | Report Abuse
From the Horse's mouth: Capex is maintained for 2020
............................................
Malaysia's Petronas warns of project delays, aims to keep local capex
APRIL 13, 2020
https://www.reuters.com/article/health-coronavirus-malaysia-petronas/malaysias-petronas-warns-of-project-delays-aims-to-keep-local-capex-idUSL3N2C12MW
KUALA LUMPUR, April 13 (Reuters) - Malaysian state energy giant Petronas said the risks of delays to some of its projects were rising due to prolonged coronavirus-related lockdowns around the world.
Petronas, which operates in more than 20 countries including Brazil and the United States, said in an email that it would try to maintain its domestic spending for this year.
The company forecast 2020 domestic capital expenditure of 26 billion ringgit ($6 billion) to 28 billion ringgit, higher than last year. (Reporting by Krishna N. Das; Editing by Alexander Smith)
............
like i had mentioned earlier, its not the oil price that is the concern but lockdown to MCO was the constraint. Now slowly things will open up..
Stock
2020-04-14 22:11 | Report Abuse
From the Horse's mouth: Capex is maintained for 2020
............................................
Malaysia's Petronas warns of project delays, aims to keep local capex
APRIL 13, 2020
https://www.reuters.com/article/health-coronavirus-malaysia-petronas/malaysias-petronas-warns-of-project-delays-aims-to-keep-local-capex-idUSL3N2C12MW
KUALA LUMPUR, April 13 (Reuters) - Malaysian state energy giant Petronas said the risks of delays to some of its projects were rising due to prolonged coronavirus-related lockdowns around the world.
Petronas, which operates in more than 20 countries including Brazil and the United States, said in an email that it would try to maintain its domestic spending for this year.
The company forecast 2020 domestic capital expenditure of 26 billion ringgit ($6 billion) to 28 billion ringgit, higher than last year. (Reporting by Krishna N. Das; Editing by Alexander Smith)
............
like i had mentioned earlier, its not the oil price that is the concern but lockdown to MCO was the constraint. Now slowly things will open up..
Stock
2020-04-14 14:05 | Report Abuse
With the expected surge in decommissioning work by Petronas alone (MYR 6 billion over 3 years) which is MYR 2b /year a 20% market share means MYR 400 M per annum for Dayang.
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2020-04-14 14:02 | Report Abuse
O&G decommissioning works in big demand
Wednesday, 03 Jul 2019
https://www.thestar.com.my/business/business-news/2019/07/03/og-decommissioning-works-in-big-demand
PETALING JAYA: As more oil and gas (O&G) fields in Malaysia and the region approach the end of their lifespan, the demand for decommissioning works is set to surge.
The value of decommissioning contracts in the region, over the next three years, is expected to reach up to RM6bil, according to estimates by industry players.
UOB Kay Hian Research analyst Kong Ho Meng said while there have not been any large tenders awarded by Petroliam Nasional Bhd (Petronas), it expected contracts to be rolled out from next year.
In Malaysia, he said, about 11% or about 35 of the over 300 platforms have been operating for over 40 years, and more than 200 wells have already been identified to be plugged and abandoned.
Decommissioning is a rapidly developing sub-segment in the O&G sector, which refers to works to safely dismantle and remove wells and platforms to prevent environmental damage.
The growing requirement for decommissioning works relates to the commitment from oil majors to reduce their impact to the environment via late-life asset management.
There are two key services for decommissioning – well abandonment services and upstream facilities dismantling.
In its 2019-2021 activity outlook, Petronas noted the requirement for 50, 40 and 60 well abandonment for the local fields in 2019, 2020 and 2021, as well as the need for the dismantling of several platforms or facilities.
“Activities are expected to intensify as considerable assets have been operating beyond 40 years,” Petronas said in the report.
According to UOB Kay Hian, other indirect beneficiaries from well abandonment works are DAYANG ENTERPRISE HOLDINGS BHD, Petra Energy Bhd, Icon Offshore Bhd, Perdana Petroleum Bhd and DELEUM BHD.
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Kong, in the report, added that major offshore commissioning players like Dayang Enterprise and Petra Energy were also looking at opportunities in the decommissioning space.
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2020-04-14 13:55 | Report Abuse
there is a reason why OPEC cut the throughput by 20% slightly lesser than 'current' demand reduction of 30%...
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the demand presently is expected to shoot up by May...as transportation has to work (at least for Food & basic necessity movement) and some countries will open up business like how Malaysia is doing presently..
we will start seeing more cars on the road
further, once oil production is cut, they cannot bring back to production immediately when the demand picks up..that will cause a price spike too high..
and lastly, Dayang does not depend on oil price at all when the price is still profitable for petronas to operate..
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2020-04-14 12:06 | Report Abuse
Dayang's cash flow before working capital changes was MYR 511 Million for 2019.
Thats half of the current market cap.
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what happens if petronas did not change any of their HUC & MCM activity due to the current oil price?
I was more concern on MCO earlier on Dayang (not the oil price)...but Malaysia seems to be doing pretty well so far on containing the virus spread.
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2020-04-14 12:00 | Report Abuse
The cash tale of two contracting companies of Sendai and Dayang kcchongnz
Author: kcchongnz | Publish date: Sun, 12 May 2019
https://klse.i3investor.com/blogs/kcchongnz/2019-05-12-story206052-The_cash_tale_of_two_contracting_companies_of_Sendai_and_Dayang_kcchongnz.jsp
Cash flows of Dayang
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Since listing, Dayang only suffered a loss in just one year, that was last year in 2017. However, the loss was besides reduced work orders, to a large extent the high depreciation costs, impairment of property plant and equipment, and high unrealized foreign exchange loss during the period. Even then, its cash flows remained healthy, with positive cash flows from operations (CFFO) and free cash flows (FCF) as the losses were mainly non-cash items. Table 2 in the Appendix shows the cash flows of Dayang over the last few years.
Dayang has had positive CFFO all the years. Even after spending for capital expenses, it still has FCF left behind. Over the last 5 years, total cash inflows from operations were RM1.4 billion and FCF of RM1.2 billion. Average FCF a year for the 5 years was RM237m, or 25 sen a share.
Owing to the excellent FCF over the years, Dayang has been gradually reducing its debt burden from the FCFs through the years. As a result, net borrowing of Dayang has reduced steadily from RM1.5 billion in 2015 to RM821 million in 2018. Net gearing ratio has reduced substantially from 1.25 to 0.73 which is below one now. Coupled with good cash flows, there appears to be no issue on the present gearing and its ability to pay debt.
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2020-04-14 11:59 | Report Abuse
Don’t listen to stock tips kcchongnz
Author: kcchongnz | Publish date: Mon, 13 Apr 2020,
https://klse.i3investor.com/blogs/kcchongnz/2020-04-13-story-h1505955007-Don_t_listen_to_stock_tips_kcchongnz.jsp
Hot tip Dayang Enterprise
Dayang has been promoted relentlessly with tens of articles in i3investor, stating that if you don’t buy Dayang, and with margin, you have to examine your record to see why you are so poor. The great promotion started when it was selling at less than RM1.00. After that it reported a quarter of losses, and its share price tanked to below 60 sen. If an investor had paid attention to this tip, he whould have looked at its financial performance and would have found something different from what the public perceived. The losses were mainly due to impairment of plant and equipment. However, its core operation, although suffered accounting losses, had made very good cash flows, and even good free cash flows. In fact, Dayang has had positive free cash flows for all the years, even when the oil price was at its low of US20+ per barrel in 2015. Here is a link explaining that.
https://klse.i3investor.com/blogs/kcchongnz/2019-05-12-story206052-The_cash_tale_of_two_contracting_companies_of_Sendai_and_Dayang_kcchongnz.jsp
With articles and articles of promotion, the share price of Dayang was chased up to RM3.00 per share in just a couple of months ago. Those who held Dayang were told to continue buying, and with margin, as its profit growth seems to have no limit, and they were told that they are stupid fools for selling this up-trending stock. One who have done some valuation would have sensed that the normalized earnings does not justify the rich valuation, and there is no margin of safety holding the stock at this price, and profit should have taken.
The rest is history.
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2020-04-14 11:57 | Report Abuse
exactly enning22, there is a reason why OPEC cut the throughput by 20% slightly lesser than 'current' demand reduction of 30%...
the demand presently is expected to shoot up by May...as transportation has to work (at least for Food & basic necessity movement) and some countries will open up business like how Malaysia is doing presently..
we will start seeing more cars on the road
further, once oil production is cut, they cannot bring back to production immediately when the demand picks up..that will cause a price spike too high..
and lastly, Dayang does not depend on oil price at all when the price is still profitable for petronas to operate..
Posted by enning22 > Apr 14, 2020 11:42 AM | Report Abuse
it did not drop to 1rm or below,simply because opec and russia had agreed to cut daily production,that providing the support., and also America about to open the economy by month end, oil consumption soon to pick up.
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2020-04-14 11:51 | Report Abuse
exactly enning22, there is a reason why OPEC cut the throughput by 20% slightly lesser than 'current' demand reduction of 30%...
the demand presently is expected to shoot up by May...as transportation has to work (at least for Food & basic necessity movement) and some countries will open up business like how Malaysia is doing presently..
we will start seeing more cars on the road
further, once oil production is cut, they cannot bring back to production immediately when the demand picks up..that will cause a price spike too high..
and lastly, Dayang does not depend on oil price at all when the price is still profitable for petronas to operate..
Posted by enning22 > Apr 14, 2020 11:42 AM | Report Abuse
it did not drop to 1rm or below,simply because opec and russia had agreed to cut daily production,that providing the support., and also America about to open the economy by month end, oil consumption soon to pick up.
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2020-04-13 00:48 | Report Abuse
they cannot cut production to match present decline in demand as when the demand rises they cant raise on the spot....it takes a lot of time for starting up...
in process control you call that overshoot on corrective action
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2020-04-12 21:44 | Report Abuse
Top Oil Producers To Meet Via Video Conference Sunday: Source
April 12, 2020
https://www.barrons.com/news/top-oil-producers-to-meet-via-video-conference-sunday-source-01586697903
The world's top oil-producing countries will meet via video conference at 1600 GMT Sunday, a source close to OPEC said, as they try to address plummeting crude prices due to the coronavirus crisis.
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2020-04-12 21:43 | Report Abuse
Opec+ to hold urgent meeting today to finalise deal
Published date: 12 April 2020
https://www.argusmedia.com/en/news/2095589-opec-to-hold-urgent-meeting-today-to-finalise-deal
Opec and non-Opec producers will hold an emergency video conference tonight to finalise a landmark two-year output restraint plan that was drafted late last week, according to four Opec sources.
Documents seen by Argus show that the group will meet at 18:00 Vienna time.
The meeting comes after Opec and its allies — known collectively as Opec+ — reached a conditional agreement in the early hours of 10 April to take a headline 10mn b/d off the market in May and June, moderating to 8mn b/d in the second half of the year and 6mn b/d in 2021 and early 2022.
The deal remained subject to approval from non-Opec producer Mexico, which rejected its 400,000 b/d share of the cut over the initial May-June period.
An emergency meeting of energy ministers of the G20 group of major economies ended later that day without delivering a concrete pledge on output reduction from countries outside the Opec+ group, or a resolution to the Mexico issue.
Also on 10 April, Mexican president Andres Manuel Lopez Obrador had said that the US agreed to help his country with its Opec+ commitment by cutting output on its behalf. Under this plan, Mexico would reduce its output by 100,000 b/d, while the US would lower its production by 250,000 b/d — which US president Donald Trump said was already being lost as a result of organic output declines due to the recent collapse in oil prices.
An Opec+ delegate on 11 April said that no breakdown of Mexico's cut obligations was discussed during the Opec+ meeting. Another Opec+ delegate today said that Mexico has yet to agree to the 400,000 b/d cut commitment, but that an agreement was still viable to finalise.
Saudi state-owned Aramco is unlikely to release its official May formula prices until Opec and allied producers have completed talks over their two-year output restraint plan, according to a source close to the matter.
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2020-04-12 19:02 | Report Abuse
https://www.thestar.com.my/business/business-news/2019/12/24/malaysia-spot-crude-premiums-hit-multi-year-high
Separately, ConocoPhillips has sold a 600,000-barrel Kimanis cargo loading on Feb 17-Feb 21 to an Australian end user at a premium of above US$9 a barrel to dated Brent, the sources said.
Premium of US$9 a barrel against Brent
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earlier the oil was having less than US$5 a barrel premium in 2018.
these will have significant boost on profitability of Petronas (free US$4 per barrel on bottom line)
Its Capex for the Hook-up and construction falls under capex...and it would not affect the profitability of Petronas. Thus, the current reduction on throughput would barely change its capex decisions unless its really running out of cash.
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2020-04-12 18:30 | Report Abuse
you think petronas spends billions just for fun?
It derives revenue of 270 billion with MYR 52 Billion profit per annum
Meaning its COGS ~ 200 billion per annum
It will never compromise on aspects related to environment (decommissioning) and safety (maintenance) just to save 1-2 billion.
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2020-04-12 18:20 | Report Abuse
@kancil4848...do you know about hengyuan business...do you actually know the meaning of 'crack spread'?
@gsi723, thanks for pointing out that info from pg 56 - even i missed that information
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2020-04-12 17:51 | Report Abuse
Ok noted Philip. Thanks
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2020-04-12 17:46 | Report Abuse
In summary:
...........
20% oil throughput reduction by Petronas inline with OPEC beginning May will result with MYR 1 Billion revenue/yr for Dayang.
With the expected surge in decommissioning work by Petronas alone (MYR 6 billion over 3 years) which is MYR 2b /year a 20% market share means MYR 400 M per annum for Dayang.
For regionally, even if it captures 1% of the MYR 42b/year thats additional MYR 400m/yr
................
This means a total potential revenue of MYR 1.8 billion per annum with a permanent 20% oil throughput reduction by Petronas.
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2020-04-12 17:18 | Report Abuse
O&G decommissioning works in big demand
Wednesday, 03 Jul 2019
https://www.thestar.com.my/business/business-news/2019/07/03/og-decommissioning-works-in-big-demand
PETALING JAYA: As more oil and gas (O&G) fields in Malaysia and the region approach the end of their lifespan, the demand for decommissioning works is set to surge.
The value of decommissioning contracts in the region, over the next three years, is expected to reach up to RM6bil, according to estimates by industry players.
UOB Kay Hian Research analyst Kong Ho Meng said while there have not been any large tenders awarded by Petroliam Nasional Bhd (Petronas), it expected contracts to be rolled out from next year.
In Malaysia, he said, about 11% or about 35 of the over 300 platforms have been operating for over 40 years, and more than 200 wells have already been identified to be plugged and abandoned.
Decommissioning is a rapidly developing sub-segment in the O&G sector, which refers to works to safely dismantle and remove wells and platforms to prevent environmental damage.
The growing requirement for decommissioning works relates to the commitment from oil majors to reduce their impact to the environment via late-life asset management.
There are two key services for decommissioning – well abandonment services and upstream facilities dismantling.
In its 2019-2021 activity outlook, Petronas noted the requirement for 50, 40 and 60 well abandonment for the local fields in 2019, 2020 and 2021, as well as the need for the dismantling of several platforms or facilities.
“Activities are expected to intensify as considerable assets have been operating beyond 40 years,” Petronas said in the report.
According to UOB Kay Hian, other indirect beneficiaries from well abandonment works are DAYANG ENTERPRISE HOLDINGS BHD, Petra Energy Bhd, Icon Offshore Bhd, Perdana Petroleum Bhd and DELEUM BHD.
..............................................................
Kong, in the report, added that major offshore commissioning players like Dayang Enterprise and Petra Energy were also looking at opportunities in the decommissioning space.
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2020-04-12 16:43 | Report Abuse
£78billion = MYR 418 Billion over 10 years.
42 Billion per year.
If Dayang can capture 5% of the market share regionally, thats a revenue of MYR 2 Billion per annum.
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2020-04-12 16:38 | Report Abuse
The terrifying cost of scrapping the world’s ageing oil and gas rigs
https://geographical.co.uk/nature/energy/item/3086-dossier-oil-rigs
In the Asia-Pacific region alone, nearly 2,600 platforms, 35,000 wells, 7.5 million tonnes of steel and 55,000 kilometres of pipelines will need to be decommissioned over the next decade across a region ranging from India to Papua New Guinea and China to Australia. The potential cost for this could rise above £78billion.
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Malaysia, Thailand, Vietnam and Indonesia are collectively thought to have around 1,500 structures and 7,000 oil fields that will be either 30 years old or require decommissioning by 2038.
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2020-04-12 16:05 | Report Abuse
aiyo pang72...in share market there is no such thing as right and wrong...you can do anything you want....you can lie..betray...do whatever you want..99% are crooks
but should at least talk logic
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2020-04-12 13:54 | Report Abuse
Next, the rig’s subsea support structure has to be dealt with. This can be either an ultra-heavy “gravity-based” concrete foundation that may include concrete oil storage cells. Or it could comprise a substructure of massive steel legs and a braced steel frame – a combination dubbed the “jacket”.
The rig’s support structure has to be completely removed if it weighs less than 10,000 tonnes – but if the platform is heavier, and was built before 1999 before removal was considered part of rig designs, oil and gas companies can try and make what’s called a “derogation” case allowing them to leave much of it in place.
Because they are built to withstand hurricane force winds and the most turbulent of high seas, however, there is nothing remotely simple about breaking up and removing an offshore platform.
Doing so at the required scale will require a panoply of technologies over the next couple of decades,
................................
some of which have yet to be invented.
Our structures weigh 300,000 tonnes, the same as the Empire State Building – Duncan Manning, Shell
And that scale is profound: there are currently 470 oil or gas rigs and 3,000 pipelines in need of decommissioning – and 5,000 wells that need plugging with cement to depths of thousands of metres. The topsides weigh typically in the tens of thousands of tonnes – with, for example, Shell’s Brent Delta platform’s topside weighing in at a cool 24,000 tonnes.
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2020-04-12 13:23 | Report Abuse
sorry need re-posting on a new page & gets drowned by comments without substance as usual
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To have a feel on Petronas activity scheduled for 2020 - 2022, have a look at the meticulously planned Hook-up and Commissioning (HUC) Maintenance, Construction, Modification (MCM) which cannot be altered just because of a blip on oil price.
https://www.petronas.com/ws/sites/default/files/downloads/PETRONAS-Activity-Outlook-2020-2022.pdf
These are far sighted - meticulously planned activities which cannot be compromised as it involves multiple parties and resources being available at the same time.
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Government just announced they are allowing O&G service providers to operate
bear in mind Petronas is a Non-OPEC member
and it has no obligation to reduce the output of oil unless voluntarily..and they have no obligation to reduce the output at the same percentage..even if they did that's just about 20% before the demand picks up again...
Dayang already have an Order Book of RM 4.5 Billion for scheduled maintenance at Invoicing rate of 300M per qtr or 1.2 Billion per annum
even you reduce that by 20% (following OPEC oil output cut), you will end up with 1 Billion revenue for 2020. 2021 would be business as usual.
RM 1 Billion revenue for 2020
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actually even shutting down & re-start up of rigs will require more intense services from Dayang....there would be so much of complication requiring Dayang services during this period.
they have to ensure proper 'preservation activities' are done before the next start up..that is an extremely important role.
and remember that they would Dayang services to restart and commission again when demand picks up.
in whichever way you look at it Dayang seems extremely resilient as they are pure essential service provider unlike oil producers like Hibiscus and Petronas...
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2020-04-11 21:46 | Report Abuse
@pjseow, JAKS thermal power plant will never achieve higher efficiency than Mong Duong 2. That extra profit is non-existent.
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2020-04-11 21:35 | Report Abuse
guys, i do not want to express more arguments to bring down the optimism here...
since i value DK66 and pjseow as real good friends
my only suggestion if you can find another equally compelling stock to get in and which had proven earlier, please do it as there is a quite a bit of uncertainty on JAKS at the moment.
i do not want the price to be manipulated and screwed again repeatedly using gullible investors
tk cr
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2020-04-11 21:31 | Report Abuse
@pjseow, where did you take that 43.3% efficiency? from DK66 calculation earlier below?
https://klse.i3investor.com/blogs/Jaks%20resources/2020-03-14-story-h1484838111-Jaks_Resources_Effect_of_Plant_Efficiency_On_Profit.jsp
These are just hypothetical figures DK66 made
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2020-04-11 21:23 | Report Abuse
you need prolong depression of oil price to have that effect - now we have shale oil to cushion price slump... even now itself Banks started acquiring the bankrupt shale oil companies.. this is an automatic destruction of shale oil supply
current oil price is not sustainable and Petronas low sulfur oil carries the highest premium due to IMO2020 starting this year...
do some studies
Posted by monetary > Apr 11, 2020 9:19 PM | Report Abuse
why dayang 2016 to 2018 lost money if not affected by oil price?
Posted by monetary > Apr 11, 2020 9:19 PM | Report Abuse
why dayang 2016 to 2018 lost money if not affected by oil price?
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2020-04-11 21:09 | Report Abuse
who cares about Koon's departure.....i think by now market actually appreciates the stocks more when he is not invested.
For Monday's short term performance..what matters is where the oil price heads...
we will know by tomorrow looking at Dubai Crude which trades on Sunday
after sometime i believe Dayang will start decoupling from oil price completely...
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2020-04-11 20:57 | Report Abuse
DK66, this efficiency comparison between supercritical and subcritical is design limitations which are well established.
This 20% higher fuel consumption will of course be covered by fuel cost pass through mechanism but just some of the worrying facts when i see the below:
https://www.vir.com.vn/vinh-tan-1-gearing-up-for-operation-61958.html
When will the Vinh Tan 1 thermal power plant start generating profits?
Operating under the BOT format, the project boasts around $1.75 billion in total investment capital, 80 per cent of which is sourced from a consortium of several international banks. If the project runs smoothly without any hitches, Vinh Tan 1 Power Co., Ltd. will be able to pay off all debts and start generating profits 18 years after the plant starts commercial operation.
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2020-04-11 20:45 | Report Abuse
compared to Vinh Tan 1
Posted by DK66 > Apr 11, 2020 8:42 PM | Report Abuse
Compare to Pha Lai ?
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probability JAKS will still deliver 8.2 b kwh as DK66 and OTB pointed but their fuel consumption will be at least higher by say 42/35 = 20%
11/04/2020 8:32 PM
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2020-04-11 20:32 | Report Abuse
JAKS will still deliver 8.2 b kwh as DK66 and OTB pointed but their fuel consumption will be at least higher by say 42/35 = 20%
Stock: [NOTION]: NOTION VTEC BHD
2020-04-18 19:54 | Report Abuse
@888next, if you use the initial FY20 forecast revenue of MYR 320M, what was the expected gross/net margin we can expect on average for these business mix of Notion excluding the covid-19 effects?
I am interested on these just to know what happens to Notion if covid 19 in a turn of event becomes highly controlled and subsides rapidly.