https://oilprice.com/Energy/Crude-Oil/80-More-Years-of-Oil-The-Big-Attraction-of-Carbon-Capture.html
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80years more for oil usage ( DonT dump your Old proton saga yet ---save for your grand Children )

Madza used RON 97---no subsidy at all but sales never drop post Covid

Data Center are not anything special from normal Industrial Building---Data Center
real Cost are the Control Panel that store Data ( 75% of Total Investment ) Real beneficiary next 50years are TNB and Water supplier "Syabas" Selangor or Ranhill Johor. KPS is the sole beneficiary next 50years as water chemical supplier to Syabas ( mother
and Son )

Data Center is just normal building project---75% real Cost are Data Equipment which are not supply by Mah Sing---Real beneficiary for next 50years are TNB and Ranhill Johor or Syabas Selangor ( Both water suppliers are in private hand or going to be )
Next 50years only KPS got benefits bcos it is suppyling water cleaning chemical to
Syabas ( mother and Son )

Punters Bet on Data Center bcos it is Hot, not on Co returns. Data Center profit
margin is just Project Cost minus Land Cost and Building Cost---The Equipment cost
( 75% of total cost ) has nothing do with Malaysian Co----
Only 2 Long Term Beneficiary ( 50years or more )---TNB and Water Supplier Syabas
KPS should benefit Next 50 years as Water Chemical Supplier

BAT should follow UK parent doing Shares BuyBack. Any Buy back will lift price to RM30

Only PNB take loses from Both Side as Bank Owner and SAP majority shareholders.
Put SAP under Liquidation, PNB will lose around 5--7 bil or more
That is why PNB appointed the best of the best O&G directors to SAP Board ( beside kicking Out ALL
Shahril's MaCai )

anwar too busy with Diesel non-subsidy problems--cannot decide who gets niiss ( my legs are getting very weak )

you can package loan ( non-performing ) in such a way to pay back in 30years----Buyers are usually Insurance
company. But you need guarantor and a average rating----until further announcement

according to management, last year, Big rush to beat SST---inflated revenue & profit

11.75 sen Dividend this Qr

Manila and Bangkok traffic Jam remain the same even petrol price is much higher than KL---Maybe some knee
jerk effect but those that can afford Mazda are quite rich to start with---maybe Axia demand might drop

AI Data Center will Not benefit DNEX----DATA Center benefit TNB ( electricity And Clean Water Syabas Selangor,
RanHill Johor )---Google Data Center investment in Selangor is RM 9.4Bil --is Long term. Since Syabas is not a listed Co, next in line is KPS, supplier of water chemical to Mother Syabas

DNV has a solution to pump CO2 into storage so they got the Management Job---But the Hard part is how to
physically pump CO2 underground requires Platform, transportation, and strong pumps to push CO2 into
Ground storage----Only Velesto and SAP has this type of Equipment in Malaysia water

https://oilprice.com/Energy/Energy-General/The-Asia-Pacific-Region-Is-Emerging-as-a-Carbon-Capture-and-Storage-Hub.html
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This is Velesto Big Biz

have a little patience, many are burnt by theta ( that nasi lemak seller )

Chicken rice is cheaper than Roast Duck Rice and as for Roast Goose Rice, you can only get in HongKong

raymondroy
velesto : EPS 0.57 and share price 0.265; while bumi armada : EPS4.06 and share price 0.57...... annualised PER of 11.6x VS 3.5x ....... which is better ??? Wasco also same boat with bumi.... PER 3.6x
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Hello Dear, you are comparing---A Hen, A Duck and a Goose----All walk different style----Velesto ( Jack-Up }
Armada ( FPSO ) Wasco ( wrapping steel pipes )

Once TMSC perfected Wafer for 2nm Transistor, 28nm Transistor will be like yesterday Black/White TV vs 50inch
OLED TV today ( will happen in 3 years ) Why used 28nm, when 3--7nm is much Cheaper---Car Display Panel
almost "Function" like a LapTop

I think Qr results Out next week----let the numbers speak

Just play Contra like me----DonT dream

If Dnex secured NIISS, Management has to raise RM400mil minimum thru RI ( maybe 50sen ) About 800mil
shares added to current 3.4bil----DonT eat to many " hard boiled Egg "---Dnex technology is only 28nm,
current IC boom is 2nm and TMSC spend $800 Bil to develop 2nm ( about RM3.7 Trillion )

If price push up fast---must take profit-----One billion project over 3 years is RM300mil / year Or 75mil per Qr.
75mil / Qr will NOT improved DNex Net Profit by alot!!!!!!!!!

Gov is certainly looking a Grouping Set-Up like PH---Dnex is more software ( Hardware--Zero? ) So Iris is a
Better choice ( Theta is such "small Co"---selling nasi lemak Okay )

remember HeiTech padu, many has lost their shirts there----wait for results ---Play contra first

51mil Cash if used to buy back shares in open market today is 8% of total nosh( 537m or 66m shares )
Employee holding 8% Co shares is Not extraordinary---Most listed Co owners holds about 10--30%
Buying back 66m shares now ( being illiquid ) will force Market price to jump

We will know what Management will do with RM 51mil ( long term plan for Top Executive ) when EGM is
called for Plaza KPS Sales------For your reference, Toyoplas & Century Bond Top Executives are offer Prefer
Shares in 2021/2 ( They are KPS subsidary Co ) So For main office Boys, I think Bonus ----Free Treasury shares

Nowaday Gov projects no longer command lucrative profit of yester year Bcos of MACC------
Returns are always Sub-Par due to Delay and political interference----Look at Silterral recent return!!!
Make quick In-Out is best policy

The only Biz Velesto can venture into without spending money on Expensive Rigs is Carbon Dumping back
into "Old Drilled Oil pipe line "----Liquid Carbon Dioxide Captured from Atmosphere are pumped back into
and "stored underGround "-----It will be good Biz in 5--7 years Time---Malaysia allows CO2 dumping into Old
pipes underGround-----Carbon Trading has Not take off but sooner or later---Velesto can Sell Dumped CO2
to EU and USA ( signed pack ) So far India and China has not signed the International Agreement but it will
cost these Countries alot money if Worldwide inposed sanction on them

I think Foreigner get in to Lock-in Cheap Ringgit and then After USA Fed Cut rate----Ringgit will appreciate
and most likely BAT will gain 10--15% ( year End )----Easily make 25% Gain Year-End

The Buyer who Bought @ RM 8.90 is NOT local Boy----Bcos the Volume is NOT "one" Lot But 284,700 shares OR
RM 2.50 Mil-----Surely Foreign Fund

If Management didnT post PN17 report, by 31May, it means they have submitted request to leave PN17 after
selling SapOmv---which is One month (22Apr) from Today----Bursa maybe scratching its head since ---Let SAP
go or no ----or face political pressure day and nite )

no news is always Good news???????????

Quote: 25% tarrif to China. Hints for better future, I read.. In 2026
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Traders can by-pass like a snap of finger---In Mexico, Huge American Co. are repacking everything to
circumvent high Import Tax. They can say generic Glove from Malaysia, Thailand BUT never China---
Easily get 5% discount from China Suppliers

One Sub.Con told me SAP can actually raise RM3 billion in Brazil thru Gov project financing for O&G---Good
news for SAP ( no need for local loan )

DonT be surprised if Bursa "agreed" on a 2years Probation out of PN17.
Reason is SapOMV Deal needs atleast another year to complete and SAP management need new Cash
another 3 Billion to finance Brazil project

"HairCut, HairCut"----Bankers Nightmare
I think Management will announce How many Bankers "agreed to HairCut" in coming announcement
to Deflect Bursa enquiries Later ( 31 May----hahahha---just a Show )

I-RDC donT generate alot Profit---Revenue compare to Jack-Up is 12% or lower----I think you are confusing
between Revenue and profit

Chinese New Year Cig consumption is always Low ( i was surprised but has accepted it after 3 seasons )
As MACC has Charged 30 customs officers Last week, Cheap illegal Cigs supply is falling----BAT Luckies
( cheap Cig ) is gaining Volume ( much more next Qr )---Highly likely BAT cheap Brand will replace missing
Revenue from premium Brand Next Qr....A rather Huge Market if MACC operation has broken illegal Cig supply
Chain-----Next Qr Result is worth Waiting!!!!!!!!!!!!

You should Not feel afraid that QoQ is down 30%---actually this Qr is better than last Qr BUT management
used 30mil from profit to pay others management expenses----Just like 3Q23, net profit is 1.2m, I am very
surprised but further check indicate management used 70m to pay off Short term Loan.
If I can find All the "missing money"-----be 100% sure Bankers saw it. This will be a Good Betting Qr, next Qr
is hard to say ( I think Big Boys will sell to lock in profit )

I am think of Buying a small EV to Buy "mixed Rice" or Kopitiam morning visit----Spending RM100,000 is too
much ( over kill )

Actually Jack-Up rigs earns More money than last Qr----77mil But i cannot estimate Velesto corporate Cost
which management are recognising......And i am using a average of $120 Day Rate ( Management used $107----Next Qr i am using $135 Day Rate----if Management is NOT recognising other Corp cost then Next Qr
Net Profit is Huge compare this Qr ( 77mil )

2 Buyers to every seller----Afternoon Or Monday Bankers will push Back----40cents is still Not Off-Limit yet

Really depends on who you Talk to----One Taiko says last year 7--9mil people started shouting. Now 46mil
you said just eat Bak Kut Tay

I can only afford Bak Kut Tay tonight----Result---not full not hungry ( cukup makan only
Investment wise, PNB should be please---Expect about 200++mil per year ( next 2years )
One billion injection, Return in 4 years excluding Covid period

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3449453
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Why rename Risk management after Results Out??? Should rename Tong as Ding, Ding Tong, Tong

Interesting ---Perdana Hit 40cents----Although Velesto NOSH is 8 bil But many, many Real investor are trapped
above RM1.0 bcos previous goreng was RM4.0

Either Tomolo Or Friday Results Out----my guess is 5--15% Higher than Last Qr......But real Deal is 2 Qr results
due August ( much higher DayRate ) So I said Trading Volume will be much higher bcos Institution Buyers will Lock-in after this Qr result and Sell next Qr ( you will see massive promotion by Banks )

Harta QoQ minus 32% is missed leading ------577K Vs 22.7mil ( Net Profit for the Qr is terrible )

looks like today will Closed at 0.30000