Breaking 20cents with ease usually indicate Bankers are in Full support Or Syndicate want a piece of the Pie.
If Bankers come in and revise their TP, it means vested interest parties are in. I think it is easy for Bankers to
come up with a Higher TP bcos their last TP was based on the lowest possible return.

2022 Contracts are mostly 3 months Old. I predicted when New Contracts start to build into Earning in "even"
in 4Q22, results will surprise most people. Velesto cannot command a Huge Profit from 2019--22 bcos Petronas never give a contract more than 6 months ( Start - Stop- move Rigs will take 2--3months---How to make Good Earnings Report?? )

Now Petronas give 2 "Continuous Year Contract " ( no more start -Stop ). I will be very surprise if Velesto cannot
announce 40million profit per Quarter in 2023

Oil price affect Trading Sentiment. Day-rate predicts Velesto Profit margin. If Oil price keeps falling, 2015
Velesto price crushed will repeat. ( RM4.20 to 0.16 ---A ridiculous plunged ) If Oil keeps raising to Rm140,
sooner or Later Velesto will retrace previous Price or go Higher ( who knows )

China Jet Fuel demand will be Humongous for CNY. This will surely push Oil above $90 in short term

0.185--0.190 today is Good. Then another 2 Days to push to 0.200

Singor, this salted fish is different. Gone rancid.
_____________________________
SAP has finished " Proof of Debt". Technically Suppliers and Former CEO cannot "pakat" to generate False
contracts and Claims. Now PNB with nominee Directors has to finish the remaining Job. Oil price kills SAP first
Round, now Oil price at $90--140 will Float SAP for atleast 2--3years.....enough jobs around. Last Q, SAP profit
was Fully supported Jack Up Rigs. Almost 65% real profit comes from Jack-Up.....No different this coming Qr,
but Manufacturing/ Construction Oil platform should jump pushing profit higher. Right now i heard, Banks
loan( 10bil) last hurdle are Gov's Guarantee ( Give or Not Give depends on Anwar ---Finance Minister )

Tripaka
Playing with salted fish. Dangerous.
________________________

Kelantan famous Salted Fish used to Sell RM12--15 per Fish when i was a Kid. Now for RM120 per Fish, I
only get 2nd Grade ones

Today 63m Vol. is a Small push. Usually Big push is around 300--500mil. Thats when All the Syndicate decided
to jump in. Should happen next week, any Big Vol for 3 days in a Roll means 2023 is a very Good year for
Velesto

as i said before Malaysia Court system always Works in favour of Karim....Appeal, Appeal, Endless Appeal.

Story might Ends today But our Court system allows Appeal thru Appeal Court and later to Federal Court.
All in all might takes another 3years to settle down.
See Karim wants to go that far Or Not........may buy him time to recycle siphon off money

The Question now are Asset in Books are Real or Not. If Not, Karim better building a new Room beside Najib
in Kajang Prison

Beyond comprehension, how to arrive at 5 billion Debt? SerB is a small O&G Co compare to Sapnrg ( owe 10bil )
but Sap is the largest in the world or somewhat in between.

By Julianne Geiger - Jan 06, 2023, 11:00 AM CST

Hedge fund manager Andurand: full reopening of Chinese economy could send oil prices past $140 per barrel.
Andurand: The market is underestimating the scale of the demand boost.
Andurand did say last week that oil demand will be limited somewhat by a growth in the EV sector.
________________________
Most Hedge funds have unloaded Oil....Now they are Back, Today Oil price is the beginning of Oil Rally

20sens Ang Pau still on the Table

ALL Glove Co. Earnings are the same, whether 100bil or 50mil Glove Co, All depends on ASP and Revenue(orders).
Big Co like TG dares Not share INFO bcos T.Sri has 800mil shares under Margin at RM7----Small Co Directors
like Careplus has NO margin account, so they Sell immediately if they know another Blood letting Qr already
Happened

Careplus is now the Torch bearer of what is going to happen in Glove Qr Earnings. Last Qr One month before
results, All Director Dumped. Today Some Careplus Directors are selling their Spouse holdings, dont need a
PHD to understand what is going on

FPI dividend payout ratio is quite High, average 50% for last 5years. If Management used profit to buyback
shares, dividend payout ratio will drop, hence Dividend will get smaller and smaller. Many mutual funds
holding FPI might Sell bcos of lesser Dividend, net, net equal Zero--- buyback push price up but Bankers start Dumping, my 2 cents

The real problem now, if Dnex is under China control, Any USA sanction will also HIT Silterra

China cannot control 7--10nm Chip. Machinery banned by USA. So China raise $1 Tril to control 28nm Chip
which machinery are widely available. 28nm Chip actually Control Real Economy worldwide.
Silterra is PART of China strategy to control 28nm. Fighting to control Board is very important

SomeMore got to pay these "Highly Educated" RM15,000 monthly to move GoalPost......waste money.
Hire Wet Market Ah Soh can do the Job easily. Just give RM1500 Gov approved Salary

Keep blaming me moving GoalPost. Pls Check "Ada License Goal Post".......From RM120 to 0.53cents

There is Blue Chip, Red Chip but Water Snake TG is Blue/Black Chip after 19 Dec. BAUTO is Chocolate Chip 2023

Up to Friday, only a Trinkle of small Cap gained 10%++. Unless Big Cap like Maybank, Petronas surge on Monday
Anwar is not going to receive a Bursa Welcome

63mil Question!!! Will there a Rally on Monday 19 Dec (Parliament Confident Vote for PM and Speaker )

As a matter of fact, i have ask people Not to Buy or average down until 0.40 ( 4--5 months back Chun-Chun One)
Anyway i still refused to Buy until Ular apologise here than he try to Con us to bail him Out at RM7 than Rm1

Take average TP from bankers---as above ( Ada Licence as Ular said if not, I kena hantam ) Average TP--0.55
However ikan Bilis ( most Hawkeye here ) will Buy at 25% discount-------RM 0.42. This is official ikan Bilis price 2023

Anwar might banned All Genting development after Batang Kali land slide

This Ular invented JPM to deflect comments. You see, JPM is also holding 69mil, now trembling every nite
like Ular. All i can say, Losers always sleep together

Shark Taiko has asked All managers to bend down at Jalan Alor during Christmas Break to make some money
for Chinese New Year

I heard T.Sri has order Kap Chai for All its Top management next year

Even China stop testing Covid so China Glove manufacturer has to dump $300mil Glove to EU and Malaysia
This december Qr and 2023 1st Qr will see massive losses again

UlarSawa
Walao loss making 168mil leh. Not 300mill as Kopitiam God leaked leh. Cham lor. Haiyoh. Correct?
_________________________________

Bursa gave 5 days extension to goreng Qr results And T.Sri dare to release such a lousy Results. Ask Ular to
drop your nuts from KLCC again to wake you up...Sir

We still donT know who is the Arbitration Judge, somehow I read agreement already Out??? Who made the
agreement??

UlarSawa
Sudah cakap lah. Taikor is the leader the dragonhead. Will release QR first then th
______________________

Always remember PAST. Three years ago Dragon, 2023 Water Snake,

The uncertainty of Vote of Confidence for PM10 is affecting the KLSE….have to await 19-12-2022 for real bull run
________________________________
unless "Mui Jay" gave up PM position to Zahid and PAS give up DPM to Tok Mat, i see NO hope of another
Sheraton Move. Agong might say enough is enough, i am washing my Hands( PAS has to swear-in Cabinet
in Kelantan which may need another Vote of Confident in Parliament again )

I want a Mercedes 600 for Christmas. Santa makes sure you land on my house driveway, my chimney cannot
fit a Mercedes

UlarSawa
Why you still so anti Tan Sri lagi meh. You made him lose few billions already still not happy lagi meh. Lagi mau
__________________________________

Should i lose Sleep bcos T.Sri is crying everyday bcos his Old Rolls Royce is 5years Old

Christmas rally is gaining strength

You are in a WRONG forum. There are 2000pages written about how Bad SAP is.
We are here to catch " ikan Tilapia" in very murky water. Either you are In or Out. You have to burn your Textbooks if you want to Fish here
__________________________________________
Nikmon
600 million financial cost per year.....if not resolve this, 100% rig utilization also useless....

atleast 80mil loose sellers have jump ship.......some selling pressure released for next Monday. You never know next Monday-----A fresh Bull may start for Year End Closing. So far Bursa didnT celebrate for Anwar yet,...maybe just waiting for the Right moment

If today can generate 500m Volume, it will wipe-off alot Selling pressure And if Bankers are NICE enough, they
can give a reasonable TP to Goreng SAP seamlessly for next 2 weeks. Then most likely a Huge group of fresh punters might move in. You never know how High next TP is going to be

A strong push should arrived 10--12sens ( same as SerB even in PN17 status )
Solving 10B revolving Credit headache should leapfrog to 30sens bcos PNB will be doing the HeavyLifting,
ikan bilis are just the pom-pom Girls then.
Basically SAP is living off Drilling Rigs ( 10 out 11 are working full time ) And the return is actually Better than
Velesto. Strange but true. Considering 11 rigs one year ago are still in Cold stack( not working), demand for
Rigs are incredible. Unless SAP can get access to Bank Loan, revenue will NOT breach 2.0bil. Breaching 2.0bil
revenue will see profit in 200--300mil range rather low but these ancient contracts has low margins. I saw
management are renegotiating ancient contracts. If the other party is desperate to capture raising Oil price,
SAP might see more lights in the Tunnel.

Chicken Management needs another 5 days to "manufacture New Qr Results" before release on 14Dec.
Maybe T.Sri suffer mild heart attack when Secretary left Report on his Table for signature before releasing
to Bursa Today.

China as a whole lost about $500Bil in Income ( mostly hit small Biz which is the source of Tourist dollars )
during Covid Lockdown. I think Tourist dollars going out-wards is Limited but in-coming Tourist dollars into
China is quite substantial as Foreign money started to flow back to re-activate Foreign Biz and Tourism

Of course you cannot see Ular hantam. Snake head always move left-right, right-left, the moment you lose
your concentration, its hit your nut instead. This is why TG T.Sri need a 10 ton Lorry to carry his Nut---
kena snake poison

wait for Anwar's 2023 Budget Before enter! Sin Tax on Tobacco and Beer upset Non-Muslim. Nobody cares
about sin tax on Gambling except Mahathir

Razif was attacking SAP bcos Anwar was NOT the PM then. Now it is a different Story. 30,000 workers are
at stake. Sinking SAP breached a 10bil Hole in Bank vault. How to generate 30,000 job for skilled Oil workers---
selling Nasi Lemak is already a Over crowded Industry

It all boils down 13Nov Qr reports, if SAP makes 200mil.....The Sun is raising Up bright

Petronas makes 22 billion more than last year ( in Sept 2022). One billion Guarantee by Ah Wa.Kor is no
problem, just show one finger is enough

2 months has passed after Draft proposal, most likely SAP asked Bankers for a hair-cut but most bankers are
already Botak. Next option is to Delay interest payment for 2--3years And extend Loan Repayment by 5 years.
I am sure Bankers will ask for Guarantor. " Ah Wa.Kor" has to step in anyway.