@Dericlock not if I pick first :p

Sale for Sabah segment only 1 cargo recognised vs 2 cargoes last quarter. And the completion of the three infill wells only on Aug 2019. For oil and gas.. you can't signal out a particular quarter, but have to look at the annual results. If you look at 31 Dec 2018 quarterly results, you will notice the revenue only 165mil, vs 30 Sept 2018 of 359mil. It is obvious is due to the timing difference.

Our asset teams from both Anasuria and North Sabah are targeting to execute production enhancement projects that could potentially enhance our net oil production rate to over 12,000 bbls per day by 2021. Our target for the current financial year ending 30 June 2020 is to deliver approximately 3.3 to 3.5 million bbls of oil from our two producing assets. In the Current Quarter, we have sold approximately 0.6 million bbls of crude oil across both assets with one offtake coming from Anasuria and North Sabah each.
We believe that we are positioned to achieve our offtake target given the aggressive capital investment programme to arrest the natural decline in production and enhance production through a total of nine firm wells being drilled across the Group in 2019.
In Anasuria, the Cook WI project has been completed and we have commenced injection of water into the Cook reservoir. We expect to see a gradual increase in production from this field as reservoir pressure of the Cook field increases. The GUA-P1 ST project to drill one side-track well has also been completed and production commenced in the Current Quarter.
In North Sabah, the St Joseph Infill Drilling project with the objective of drilling three infill wells completed in August 2019. The three infill wells reported a combined stabilised flowrate of over 3,200 bbls per day. This exceeded the combined pre-drill expectations of approximately 2,600 bbls per day. For the South Furious 30 Infill Drilling project, we have successfully completed and brought online two out of the three infill wells being drilled. The two wells are being monitored closely prior to increasing the production choke to maximum production capacity. Drilling and completion of the third South Furious 30 well is currently in progress. We will disclose the performance of the wells in due course. In addition, we are on track to complete one water injection well as part of the South Furious 30 Waterflood Phase 1 project in 2019.
The Group has articulated its mission until 2021 and we will continue towards achieving critical milestones that are key towards the successful delivery of our goals.

Well said wunan91. Too many spam comments here.

Ya.. just like Uber.. move ppl around with no profit (good enough if not making losses), and then use the large customer base and brand to monetise.

So so only lar. On a quick glance, seems like Gross margin decrease, higher profits due to less tax expense charged this quarter? Need to wait for the Huawei Contract to finalise to make a proper impact to IFCA. At the meantime, seems like this stock at current price is just supported by future earnings.

QR out

Airasia is the Amazon for Airlines? Lol

Lol. Budget govt out on Oct. Q3 results till Sept only. Obviously nothing big is expected this quarter.

Tf tweeted something big is happening in AA today.. best result ever?

Down from ?

Took a position in this counter. After studying it’s financials, it’s definitely a good buy!

Ok. After few months, this counter dropped to 95cents. Luckily earned from other counters at the meantime. But with RHB skyrocketing while this counter still remains at 0.95, it’s a good entry point.

Where do I see details of how invested is OSK in the solar business?

Only problem with this stock is 80% is controlled privately, which means the price is prone to manipulation and hard to rise.

Leasing price might increase with the downgrade.

Lol fake Dericlock only know how to say Runnnn

I was analysing Hibiscus's latest slides this afternoon and then decided to top up at 0.935. It's nice to see the share price spike up immediately after that.

Lol say bad news but never elaborate. What a troll. Anyways, wait for QR only decide. Might go either way, although I’ll be holding this stock for long term (or until it rises to a point it’s not sustainable). Average buy price at 18.5 cents. Anything below 20cents I’ll gladly pick up.

@1star I highly doubt IFCA has the capabilities to do that.

This stock is currently trading on foreseeable profits. Which may or may not even realise. PE is too high to sustain this price at the meantime, liquidated some but still keep some just to see what happens :)

AA valued at 5b.. grab valued at 10b.. of course AA is severely undervalued. A valuation of 10b means AA is worth at least RM3.60.. but do you think AA is worth as much as grab or more?;)

TF intends to deal with AA shares wor..

Maybank come out with Technical Buy. R1: 2.05, R2: 2.20

Q3 gonna be good. India unrecognised losses taken up in Q2 with the one off higher maintenance in Q2, compounded with the higher passengers and RASK increase close to 20%..if price maintain the same, means PE might be back to 6ish~ drastically undervalued.

EPF disposed 10% of their holdings..

will still hold some to see how it goes at 4.30 pm and the rest of the week.

Who gave the TP so high? Lol

Shares suspended today

If break 0.355 will fly up..

Huge resistance at 0.26. Gogogo!

Anyways, when Naim becomes RM1.50 one day, whether you enter at 0.85 or 0.95 won’t make much difference ;)

Yeah most likely will experience a steep downtrend before the QR. Suggest not to average down now. Most likely wait below 90cents then monitor.

Better sell to them at a high now then.

while Naim and Dayang down today.. Perdana rocket up.. whats up?

Potential counter. I have been holding for months. Undervalued at the moment with strong balance sheet. With the IR4.0 vision, believe will drive the performance of this company.

4.4 billion allocated to Sarawak

Did I just see that is confirmed 2020 Malaysia will issue digital banking license?

already announced no GST

@noreason most of their candies come from state budget. But we’ll see later on.

On the other news, Ecuardo protest and Iran ship explosion is driving oil price up.

Ecuardo protest and Iran ship explosion today causes the oil price to go up

Finally break RM1. now every bid is 1 sen.

KLCI down to 1500, but airasia still maintain 1.70.. not bad if you ask me.

Price dropped might be due to the houston rockets case. Impacts advertisement of Nike products to China. I don't think it's a big deal though.

What happened today?

If the budget allocates more to infrastructure and development of Sarawak, Naim indirectly benefits from this.

Wow so strong today?

7.50 is not far off..

Ini kalilah

@tokok88. Exactly.

lol whole market down, magni still up. only regret I have is not buying more of this stock when it was 4.9 xD

Revenue up by 10% .. haha good times ahead for Magni. Expect this quarter results for Magni to be even better.