i hope profit is just not a 'zero sum' game...where another company necessarily makes a loss for another to make profit

sslee sifu, i have one very dumb question....

if all business collectively (economy-wide in a closed economy) makes profit, i.e total revenue is more than all the wages & cost of production...

from where is the money for profit coming from? Mass balance of the money does not make sense if one argues...the revenue is from the wages earned by the households.

........

any sifu can help to answer this disturbing fact? :(

one seeking cash....the other paying out as dividend

though such actions not necessarily indicate management's believe on their business future prospects...

its worth a deeper look i guess

isn't Carimin most similar business nature to Dayang?

yistock now legendary status

not no money to eat...lost appetite already...lol!

ha ha..just about to say that

Posted by David > Sep 28, 2019 12:06 PM | Report Abuse

The way ah Q licked mahtir balls, I don't think he is Chinese, he could be female and is one of the family members of mahtir. If Mahtir an Indian can disguised as Malay, as his members, Ah Q could be Indian/Malay follow his style to disguise as Chinese, thinking that she can fooled us.

but most these points are not new...i think PH is the new factor in picture causing market become paralyzed..

their policy, decision keeps changing....no strong strategy giving hope of a brighter malaysia

LGE is a faggot...Dr. M is a dominating asshole..Maszlee a brainless shit...

I see only a few brains like Jomo...there are many brainy businessman...but they seem to be more interested in short term self interests...

nice article, thanks salvador

almost 10% below PP, its like PP on PP

walao eh..director himself acquired today!

tomorrow collapse

Petronas posted RM121bil revenue, net profit at RM28.9bil for 1H

By by FARAH ADILLA - September 20, 2019 @ 1:23pm

https://www.nst.com.my/business/2019/09/522878/petronas-posted-rm121bil-revenue-net-profit-rm289bil-1h

they will reap more profit from maintenance than the capital purchase by govt...

nigeria JV even at 50% stake...for 200 over million population...its 3 times the size of Malaysia

Govt approves RM73mil to install CCTVs in all police lockups
NATION
Friday, 20 Sep 2019

https://www.thestar.com.my/news/nation/2019/09/20/govt-approves-rm73mil-to-install-cctvs-in-all-police-lockups

Govt approves RM73mil to install CCTVs in all police lockups
NATION
Friday, 20 Sep 2019

https://www.thestar.com.my/news/nation/2019/09/20/govt-approves-rm73mil-to-install-cctvs-in-all-police-lockups

above 1 coming...

next week for sure below 60 usd/brl

firstly...i dont think their production was affected 50% in the first place...Saudi's use this opportunity to sell bulk at high price...and then short kaw kaw...

i think reality is less than 10% affected...and they will revive within weeks...the flame of fire was just too small to consider as catastrophic

smart ass

64 USD now...before even the manager instruct the rig operator to raise output price collapse already...sad.

NewsBreak: Oil Prices Fall on Report of Saudi Quickly Restoring Output
Commodities2 minutes ago

https://www.investing.com/news/commodities-news/newsbreak-oil-prices-fall-on-report-of-saudi-quickly-restoring-output-1979786

Its 65 now just in 2 hrs...from 69 usd/brl.

appears like 60 USD/brl wont take a week to reach.

how to miss boat...when there is hole to sink it....it will surely return back to the shore

panic buy

tomorrow panic sell

tony panic airasia price will dip on tuesday...

i can agree with what the writer..good article indeed..but quitting job you dont like is not really an option in most cases...

keyword of Chang Wt's presentation 'proposed to' the government instead of 'proposed by'... he he..smart chap!

on earnings just look at the gross profit last few quarter (to screen out the one off gains/loss)..its more or less maintained the same...

unicornP, please ask yistock sifu...i am optimistic about it as our currency had weakened and they said malaysia is just second to vietnam on trade war beneficiaries..

this sector is still the major contributor to our gdp expansion we are seeing...

yistock is the man...i will follow his portfolio for 2020

PH has been doing well...but where it is critical they failed...mainly on education (retard Maszlee) and religious/race sensitivities (zakir naik)....

agree with raider...zakir became the cancer on his position now..either he cut and remove it immediately...or its a certain demise for Tun

i feel exactly the same...but i tell you the reason which i think your brain and malays brain still dont get it....or denying it subconsciously thinking you can get best of both worlds

its because of segregation of races at primary school
...................................................

childhood plays an important factor for integration..even among siblings and friends

as long as chinese goes to chinese school and malays to their religious school...and asrama on secondary schools stage..

this country is certainly doomed
................................

wan azizah learning how to make sarcastic jabs like Tun now...smilingly.. he he


actually if her daughter was a little less emotional and wiser...and just a little more intelligent..would be the ideal candidate for future PM

many people dont realise this, stock market on selected fundamental counters is the place to park your money now...

especially where investment money trickles down from government (for Ekovest) & Petronas (for Dayang)....

you are right VivaVivo2017!

should benefit Dayang & Perdana too

limit up tuesday - eps 2 cents!

I am not investing abroad, but thanks to Icon for such effort in presenting his discoveries here. Thanks..

management say return to the glorious days..also share price koyak like this?

market is really strange..

looking at all the other company reporting so far...nothing beats Dayang's current eps /cash flow and its future prospect with Perdana turning around...

cant go wrong here.

khat, what are you still doing here? spend your energy elsewhere more productively man!

Herbird's latest face:

http://www.somewherelost.com/wp-content/uploads/2015/02/00.png

this maszlee must have gone to these religious school as a kid...head is full of shit!

pathetic...are we still living in slavery world?

Herbird laid a rotten egg today...smells bad

if only malaysian politicians are a little more well organized and placed importance on strategic economic decisions in a meritocratic, honest and pragmatic manner...they can very well be on the top spot!

"Vietnam is by far the largest beneficiary, gaining 7.9% of GDP from trade diversion, where trade diversion is mostly additional U.S. imports," said the authors of the report published by the financial holding company Nomura. "For the next top three, Chile, Malaysia and Argentina, the trade diversion is mostly additional China imports."

buy IWCITY then?

actually...the raw material cost has only just begin to come down, the revenue is the one that contributed mostly in this quarter Q2..

Q3 should see greater margin expansion

management appears very optimistic....'return to the glorious days'..ha ha

Prospects
.................

We continued to chalk up strong results in the second quarter of 2019 after the good start of the year. We are indeed proud to deliver our best second-quarter revenue and net profit in our long established history, illustrating our unwavering pursuit for better operational excellence. This impressive achievement comes on the back of the robust work orders for the Maintenance, Construction and Modifications Contract (MCM) and Topside Maintenance Services works under the Pan Hook-up and Commissioning Contract (Pan HUC).

Consequently, vessel utilisation also came in stronger at 79%, as compared to 36% in the first quarter of 2019 and 70% in the second quarter of 2018. We are particularly excited with the higher work orders during the quarter which may suggest that the strong job momentum could well continue into the second half of 2019.
........................................................

In addition, the synergistic collaboration between Dayang and its subsidiary, Perdana Petroleum has yielded the desired results, giving the combined group an unrivalled competitive advantage as the leading integrated MCM player.

Barring any unforeseen circumstances, we are optimistic that the strong earnings trend will be sustainable, premised on our sizable order book of circa RM2.8 billion, albeit on call-out-contracts. Notwithstanding the volatility in oil price and the strong headwinds from the on-going US-China trade war, we remain upbeat on the company’s future prospects as Dayang will leverage on its strong execution track record to ride on the ramp-up in business activities in the second half of 2019. In addition, we are confident that our balance sheet will continue to improve sustainably as the impressive financial performance in 2018 has indirectly demonstrated the financial discipline undertaken to turn around the company

We remain positive that Dayang will return to its glorious days in the not-too-distant future as we carefully execute our long-term business plans. Nevertheless, the Board will remain vigilant and continue to exercise due care and prudence in the running and administration of the company’s business

cant imagine when Perdana turns around and become profitable..