40mil Vol. in 30minutes....Looks like ikan Bilis rushing in----Or EPF??

There are 3 Dark horses might take lead in Buying ---PNB 41%, HongLeong ( 7%) and EPF ( 0% ) EPF is the
darkest of the Dark Horses. EPF used to hold about 7--9% or more. From a base of Zero EPF will be the
strongest Buyer with very Deep, Deep pocket IF and if EPF is interested

Electric Car very suitable for KL Old Housing Estate & PutraJaya too ( superb Rich Group ) Condo is just a new
living standard for Gen Y----You can just plug a EV charging unit in your porch and Charging is a Breeze
The limit for EV car is "Range"---if every charge can have a range of 800 KM as compare to 400KM now---EV
should Sell very Well

Release announcement on Friday give "Long Term" players 2 days to think it over----Regardless what punters
will rush in Monday but it will be pump and dump scenario without Long Term players---
If Bankers sapu on Monday then Liquidity will Dried up quickly-----sending panic signal to ikan Bilis----Gate
crushers will rush in ( really donT care about price, just want tickets )

so regardless what Qr results appear next week, it has little impact on Price. A steep Hair-Cut from Bankers
will jump-start a 50% upswing in price like AAX

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3432761
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Next 2 years Petronas has booked 3 velesto Rigs ------giving about 152mil Revenue per Qr...
As i said before 4Q23 results will be the max Revenue and future revenue will bound around this #---
Looks like my prediction is closed. Velesto Revenue for 2024 per Qr will be around 350--360mil with profit
around 66--75mil ( about 280--300mil per year )-----PNB has saved Velesto from Bankruptcy. In 3 years PNB Onebillion cash injection will be fully Covered -----A very Good Investment for PNB
*****What is for me---DonT know yet******Let Banker TaiKo decide

USA import Ban has less than 20% net effect on Malaysian Glove. We see little impact on TG / Super revenue

Terms of WhiteKnights cash injection when 1st stated---is as Liquidity injection---mainly suppliers payment.
I think only 800mil is needed to jump start " delinquent projects "---What Contractors can do?? Suing SAP
takes 6 years, start work can get Cash from SAP and also unlocked Banks Loan ( Banks are also Trapped and
getting nowhere )

I think there are 3 incidents will pump price. 1) WhiteKnight's Cash 2) OMV sale 3) Hair-Cut ( 40% ) and
MayBank agreed to loan another Billion for Liquidity

management will "Hide" asset Sale Release Date if Qr results are Below expectation---I donT expect results
to be Good ( no money from Banks---how to generate more revenue ) But "White Knight" Cash injection
and OMV sale will "pump" price very High------Just speak Logically

I see No selling after someone take-up 47mil shares * T+3 *---SAP has to make credible announcement OR
reasonable Good Qr results ( 6 trading Days Left before Qr release Date )

RM270mil KingCoil Sale Done today----waiting for Dividend announcement

I have No idea whether SAP rigs are Deep Sea Or shallow sea Rigs----What i know from accounts is SAP
used about 7 or 8 Billion ringgit to Buy its Rig Fleet from SeaDrill ( 7 -8 bil is almost 2X Entire Velesto Fleet )

Petrobras spent the last two years replenishing its fleet and chartered over a dozen rigs for work in Brazil at a moment worldwide demand for deep-water equipment is strengthening and close to maximum utilisation, pushing dayrates close to the $500,000 threshold.
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SAP Rigs should be getting much Better than $ 150,000 DayRate ( $200,000 is Fine but compare to $500,000
what Brazil is paying------it is ridiculous Low )

Petrobras spent the last two years replenishing its fleet and chartered over a dozen rigs for work in Brazil at a moment worldwide demand for deep-water equipment is strengthening and close to maximum utilisation, pushing dayrates close to the $500,000 threshold.
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Have no idea why and how Brazil Rigs can get $500,000 DayRate??? Velesto is Totally CON by Petronas

refused to release Qr results again------frying Live frog again

Supportive domestic capex by Petronas a boon for local oil and gas players. Premised on this and guided by the 3- year Petronas Activity Outlook (2023-2025), we see potential beneficiaries arising from a broad spectrum, as follows:

i. The rise in planned upstream activities, particularly for re-activation of idle wells and offshore platform fabrication that could benefit Velesto Energy, Malaysia Marine & Heavy Engineering and Sapura Energy;

ii. Stable provision of offshore support vessels (OSV) to support well drilling and projects (beneficiaries: Dayang Enterprise, Icon Offshore, Perdana Petroleum, Alam Maritim Resources and Coastal Contracts); and

iii. Catch up in planned offshore maintenance, construction and modification (MCM) works which have been delayed due to the Covid-19 pandemic (beneficiaries: Deleum (BUY, FV1.66/share), Dayang Enterprise, Sapura Energy and Icon Offshore).

special dividend should comes from KPS Plaza Sale ( about 8.5 cents / shares ) DonT know whether
Management will Give any Dividend Out ?

AnthonyAng666
Cuti-cuti Malaysia. https://theedgemalaysia.com/node/704126
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If you really looks at Tourists #---8mil from Singapore to Johor ( jalan Kaki )-----4/5mil from Thai to Pedang
Beasr ( naik Basikal / Moto)-------8/9mil from Indonesia ( naik perahu )----That is the real reason you Cannot
see "White People" at KLCC ( compare to Thailand )

Agreed All leased Planes---after Tony gave back 2 billion Cash to investors, mainly himself (to settle 800mil
personal Loan ) The Real reason why AA cannot Get Loan from Bankers bcos Banks wants Tony &
Kama as Guarantor---Both have no money in there Saving Acct---how to guarantee?

nowadays DonT mention who has connection in Gov to get contracts---99% they get Call from MACC

not much risk but not much gain----for pensioner

Agreed

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3430701
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Xpeng Smart EV car distributorship by Bauto--------Interesting

aax can leave PN17 Not bcos management can inject Cash into Balance Sheet. But comes from a Bankers
Hair Cut----Now buying AA means injecting 12Bil Debt "again" into B/S----Meaning Bankers are again
ask for another Hair-Cut next year? bankers so excited for a hand-shake. I think manyak susah----This Boat is Full of Holes

EGM approved Sale of KingCoil---proposed 4.5sen Dividend---This 4Q proposed 1 sen Dividend---
Come Sale of Plaza KPS 45mil ( egm soon ) Dividend ???---Bumper Dividend for 1st half of 2024.
2nd Half will see Electronic Cycle on Up-trend ( Toyoplas will return with Big Revenue ) Minus Depreciation
from KingCoil and Plaza KPS---Nett profit will increase

There are 2 countries that can provide facial Recognition and Others Digital Bio at Reasonable Price----China
and Israel

HT-Padu is Not in latest Bid list ( say my friend )---NIIS-e will be broken up into many Contracts to avoid
corruption and call by MACC. I think IRIS is the only Co. that can take NIISe but their contract is terminated
by Anwar-----There is No competent Co in Malaysia that can complete NIIS-e----How????

Who is going pump money into Gaza---I think mostly Indonesia and Malaysia---Arabs are already " tak-tak "
what arabs built previously already in Dust---EU are fight Russian with almost 800mil Euro every Qr
Yah, yah we can Depend on Palestine Malaysia Fund---But Chairman like to Goreng Gold instead

MOU means Just Talk. Announcement of MOU just signed by Secretary with Co. Chop is Good enough

Normally when asking Court extension, always the more extension time the better. However SAP predicament
is Bankers and Suppliers are sitting in opposite ends ( see-saw ) Bankers want SAP to remove Suppliers Lawsuit
First ( pay suppliers first ) I think it will be Done soon ( why ask court for 3 months Extension---One year also
Court Give, not a problem )

If you check Bursa Short List ---Both SAP and Velesto had disappeared----Bankers know what is Coming

Details of the Proposed Schemes of Arrangement will be announced in due course, pending finalization of such Schemes of Arrangement pursuant to negotiations and discussions between the Applicants, and the MCF Financiers and other Creditors.
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Expect SAP to release Details of "Hair-Cut" with 10Bil Loan-----New Court Order ( release Today ) Blocked
All SAP suppliers from filling Lawsuit ( i think very strong Handed---need my Lawyer to brief Details )
Details of Hair-Cut could be released After Qr release

Technically SAP has only One billion Debt????? Once Bankers see All Law Suits Disappeared----Bankers will
changed 10 Billion Loan to " Long Term Loan ---now in SAP books listed as short term loan ----
Why SAP still insist Bankers take a Hair-Cut?? Bcos SAP to No capacity to borrow More money ---
Reduced 10Bil to 6 Bil---SAP has 4 billion capacity which i think Maybank is willing to loan One Billion

Bankers' loan are Long Term Loan ( Bankers need this Loan. Less than 5 Co in Malaysia has Capacity for 10Bil Loan) Not the same as suppliers unpaid Bills ( not loan )

This "OKU2020" and "donT remenber the other one " has New ID----Balian de Ibe
Always people who switch ID thinks Nobody knows who they are

Bank Hair-Cut has "nothing to do with SAP's debt with suppliers " Bank Hair Cut has to do with 10Bil
Multi currency Loan ( Even before this fiasco started, Banks had agreed to Roll Over ) Once Law suits started
Banks Had to cover their Backs ( they quickly shut cover umbrella---standard practise )

I heard SAP has lost about 70-80% local Sub-Con---so it is normal SAP has to Go overseas to look for Job.
Selling OMV and White Knight Injection to pay Off local Debt will revive local service----Local Sub Con
really got no other Job except from SAP ( like it or Not they will service SAP once they received their payment.)
Even at 75% Local Operation SAP revenue will reach 2,500mil

4Q23 you have to look at Operating profit / Loss Only-----Bcos previous 4Q22, there is a Impairment 2.5Bil so
regardless what, Sap will look terrible "Good "

Normally if results is Good, Management will release Results Next week

SAP has to breached 1.2Bil revenue to see significant Profit Reporting for 4Q23---In Red, Not this 4Q bcos
so far O&G Co are reporting Good Results----On a very Good side, maybe 300m maxi profit
Before Taxes and Impairment ) I donT think Forex Gain will be significant this Qr

https://oilprice.com/Latest-Energy-News/World-News/UK-Extends-Windfall-Tax-on-Oil-Profits-by-a-Year-To-2029.html
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So management donT know what to Expect from UK Tax on Oil Profit-----Extend 2029????

usually when MD, CEO started buying, it means Earning is just 'Expected"---But when Insiders DonT Buy
before Qr release it always means Results is above average

Another 10% private placement---DonT think Dnex has the financial capacity to take NIIS---Gov project has
fixed Return----Not during UMNO time "buta-buta" 30--200% return---Now if nothing goes wrong 8--12%
max and i believe No more "side projects" to cover loss if Happened

previous bidders of NIIS are well connected / Macai to Muhyiddin, or Mahathir including Dnex---Do you
think Anwar will accept their Bid?? Actually it is Anwar who Kill NIIS contract ( rebid again---so far no News )

T.Sri is Buying ----My standard suggestion is wrap your underwear around your Head and make a quick
Dash out----The pain of hit any Lamppost is much better than loosing money

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428174
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As expected Plaza KPS is Sold----RM46mil ( sold to KPS's Mother---Selangor Gov )

Why raise so much Cash in Hand---I think KPS has locked in a "Big Selangor Project "

Constant Vol. over 50m after 66mil net profit announcement indicate building up to "First Wave"----estimate
between 30--50sens

Turtle breathe 3 times a minute---Man breathe 10 per min ( during sEx 200 times per Sec ) Hello have you see
Turtle during SeX----always one Leg up and Jam

another 10% Private Placement---Vietnam Power Plant is Not a saviour but seems like a Huge Drain
Any margin Call will plunge below 10sen----very risky