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..

Fantastic 5.7 EPS!

wow!

new superinvestor: qqq3

very unattractive already for short term....

only for long term (young chaps can keep for their retirement)

this kinda of tax appears to be the norm going forward...

collapse la tomorrow!

some more very low crude price last 2 months (Q3 no eye see!)

limit down?

there is a difference between saying things publicly, officially by influential person...than ordinary people in facebook and whatsap groups..


the latter is just helpless inner voices (votes) of rakyat...

but, that should not deter freedom of speech

give me an example how it is 'abused'

this will encourage even greater gap of understanding between races and religion..

exactly. now we are afraid to even express any of our feelings on whatsap...

are we still that primitive? that we are unable to openly discuss, give logical arguments and rationalize... if not i think we are just hiding things under the carpet that will smell eventually

malaysian are too weak indeed and hypocrites...results of poor education system again

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“The latest announcement by MCMC that it will set up a hotline for the public to screenshot and submit comments that they deem sensitive is a sign that Malaysians are too weak to be able to listen to one another’s opinions. That we need policing.

Thumbs up to sslee! Genetically malays are austronesian..originated near taiwan. We are all much closer than we think..there is no certainty that after death one would be reborn as the same race, religion or even as same species..
Instead of hoping for heaven after death(trust me it does not exist)..make earth as one.
TQ

and Zakir Naik they are still contemplating....

hard headed racist is that old mamak..true colors appears at old age

“Crude oil prices have dropped by 15 per cent since the Q2FY2019 average of US$68 per barrel over the exacerbating US-China trade war tensions and weakening global economic prospects, which has led to a decrease in prices of chemical compounds such as polyethylene, methanol and paraxlene,” it added.

It also expects weaker Q3 results, following average PU, could subsequently drop to below 80 per cent due to a turnaround in activities, but is expected to rebound in the following quarter.

Aminvestment: Petronas Chemicals expecting weaker Q3 results

13 August 2019

https://www.malaymail.com/news/money/2019/08/13/aminvestment-petronas-chemicals-expecting-weaker-q3-results/1780219

hey guys, i think best way to handle the situation is to stay silent...

what needed to be expressed had been done by Dong Zong, Charles Santiago, Ramkarpal etc...

further expression of inner voices wont help...but only invite aggravation of the situation

stay silent
...........

TQ

hey guys, i think best way to handle the situation is to stay silent...

what needed to be expressed had been done by Dong Zong, Charles Santiago, Ramkarpal etc...

further expression of inner voices wont help...but only invite aggravation of the situation

stay silent
...........

TQ

hey guys, i think best way to handle the situation is to stay silent...

what needed to be expressed had been done by Dong Zong, Charles Santiago, Ramkarpal etc...

further expression of inner voices wont help...but only invite aggravation of the situation

stay silent
...........

TQ

what was thai's profit last year same qtr? last qtr Q1 was around RM 68 Million?

exclude forex gain, eps below 9 cents

this QR has an additional shipment that missed 1Q book entry. It was brought into 2Q. So with the upcoming heavy turnaround, brent fuel oil drop which leads to lower ASP, RM weakening against USD, I think I will give await.

its time for Anwar to take over

beyond certain age emotions concurs rational thoughts...including the brilliant minds like Dr.M (deeper racial fundamental can easily surface)..

as truth is we are all racists...its a societal need to mask it