White Knight Fund will arrive in Jan 2024 as announced by management "provided 10Bil local Debt" are
settled----It makes sense White knight Loan is just One Billion++ Not enough to cover 10Bil-----
White Knight money is for "Cash Flow only "
If you look at recent Qr results, SAP cannot complete projects ( no cash ) Revenue Down compare with last Qr. Also allocate 12mil as impairment.... If you add, 12mil and extra profit for completion projects, Bankers will
be screaming Add, Add---- Of course Bankers know, but why alarmed Ikan Bilis if they are Buying

Those bankers who wanted to Buy will Never say Good things ( always say No Future )
No Institution will waste human resources to "Give Tp"-----Why Talk 24/7 here, Got 1000 stocks in Bursa
Look at OldMan Bobby, die,die also want to say something-----SomeMore Change ID thinking ppl donT
recognise a smelly Pig

I think 90% master goreng are from AA and AAX----These are people with ready Cash----90% ikan Bilis are
still selling wives jewelries to raise Cash

99mil Vol in 11minutes

Quarter Result on 31-Oct-2023[#3] QoQ - -27.84% YoY - 203.33%.
_____________________________________________________________________
This print is very miss-leading ( - 27.84% YoY ).....The only thing I see is just SAP paid more TAXES????????
Exactly 4.26mil more Taxes ( The difference between profit YoY "before" Taxes is 1.4mil Less than last Qr )
Just 1.40mil LESS profit than last Qr----Screaming Headline 37% negative

Ular what you know about SAP contracts??? You are buying / selling TG shares for the entire Covid ERA.
Suddenly you become SAP EXPERT in 2023 ( Dec to be exact )

SAP earnings is like my nephew salary......5000 / month but in US$ ( american Co )RM 23,000!!!!
As far as I know, most SAP old contracts were around 3.85--3.95-----Now 4.5 average. SAP will be profitable
if ALL platform construction are Done in LUMUT in 2024----DonT talk about Jack-Up Rings ( Golden Goose )

Most likely Goreng Masters are moving from Cap--ayam to SAP tomolo ( less risk )

Ular must be All-In already ( every second ask why no fly )----SAP PN17 mah---Ikan Bilis needs to deposit
Cash First before they can Buy ( news also come at Odd hours ---2PM )----Even Institution also need approval
from management before they can Buy-------So who are Current Buyers, mostly insiders ( got cash in Hand )

Half and Half, to spice-up things Bankers will be shaved Botak one Half and a Malaysian Flag Shaved on the
other side ( True player is Bank Negara----who control Bank Negara---PM )

Look at SerB, it is Bankers who Sue to closed down SerB

Hello Old Man Bob---The Banks that accept are OWNed by PNB. Actually 10billion Roll-Over was Given even
Before Bank Negara gets involved Bcos major suppliers ( court clusters ) wanted to sue and claim their money
Back ( not Bankers )

post ""average good Qr ""tonite results will pump price tomolo....
Now pls announce " HairCut portion"----Botak or GI Cuts

Next Qr results will be mainly based Madza Cx Model minus Peugeot Year-End promotion Expenses

I think of buying a block for Dividend if price goes down to 2.20---2.10 range ( Yield is 9% if annual dividend
is between 0.18--0.20 )---Peugeot / KIA promotion has Eaten into Revenue ( or else Revenue will be Same
as Last Qr )

which INFO management want to release First----Bursa Reply Or Qr results.

Normally EPF holds about 7% for non-GLC shares. Previous EPF holding was 17% for Bauto. When Prudential
keeps selling, EPF thought they can get a Bargain Deal by pushing price down even Bauto keeps recording
Good profit every Qr after Covid

Ular as usual "Talks" about his Nasi Lemak Biz----what he knows about Jumbo Jet? After Covid, very few Co.
sell equipment spare parts unless you "Pay First" and wait for 6 months ( if not running model )---Collecting
Up-Front money for Ticket seem to be Ular win-all formula But what he didnT Tell you it comes with a Discount.
AA collected advance said 4.0Billion But reported a "Loss" last Qr ( say all )

If you are in Biz, you know---It takes money to Generate More Money----No "untang" means Revenue
guarantee plunged---No short term loan means Biz is always in 1st Gear

Last Qr Revenue RM1.123 Billion. With No short term Loan, still can generate One Billion----The same
can said about AA ( also No Bankers short term Loan ----RM4 Billion Revenue, i am speechless

Trust me EPF wants Bauto above RM3 bcos the # shares EPF is Holding making Capital Gain very substantial.
This trouble maker Prudential, if Sell Do it----donT mess around----It makes EPF very irritable

90% of Bursa Stock are worst than PN17 stock---Makes Profit also Falls next Day, lose money Die-Standing.
AA still standing without "Shirt" but still Got people Buys----DonT know what to SAY

i really gave-up. Let see today results. Two giants fighting, no meaningful direction

Ass-lah, Prudential Buys back. Now donT know what EPF will Do

EPF is in "Control Sell" I think around RM100----Once EPF unloads All its shares, Nestle will plunged to RM20--25
if Revenue collapse 40% ( how to give dividend with plunging profit )

Apa you mahu? Dividend ka?----at 70cents dividend per Qr, Nestle dividend yield is just 2.8%----Any "kaki 5"
in Bursa corners you can find 3% dividend Stock_______EPF bought Nestle at RM5.20 in 1989. Now you
know why EPF sell to you at RM50, He is still laughing uncontrollable

Peter has used-up All his money to Buy RI ( he cannot support price ) But he Hope very, very much "Soh Jai"
Teh Diven would pawn all his mother in Law Jewelries to Buy and Buy----so far Soh Jai is smarter now

donT Buy, EPF has 21.9mil ----If keep disposing, long way Down. Bcos this a illiquid Stock ( cannot find Buyers)
EPF has to dispose ALL if management support Palestine

last minute ask for Further extension----shirt still in Dry Cleaning

datuk Ling( operation drilling Director ) buys....he knows operation Revenue will exceed Cost.....as simple as it.
As i said, 4Q revenue will be 70mil+++ and Datuk Ling agreed

Extension is surely approved----Reason given is Indonesia Bid for SapuraOMV is Delay. Better offer price means
Suppliers ( court cluster group ) get a higher paid back amount in short time

Come Friday, QR has come out----What to Expect?
Assume Revenue Hit 1.50 Bil if Jack-Up Rigs running at 85% & SapuraOmv contribute 150mil++
Might see Profit 150--200mil ( assuming no forex loss )----I am still wondering why SAP-omv contribution
is always around 115mil

Next Qr results will be massive up-tick----As i said before, Management is extreme Caution to announce
Good Profit, It is like Pouring Petrol to a "Large Flame" (GeG ) The current Ban on underage smoking is
the same restriction as Previous Ban with Vaping throw-in----However most Mid-Class smokers are rapidly
switching to Heat Not Burn which is NOT affected by Latest Restriction

after crashing Tony's Parties many Times, i felt sorry for Him---4bil revenue is no shit amount ( yet lose money)

Cannot believe my Eyes---4 bil Revenue JUST Vanished

If Results come out after 7PM----it means fresh EGG Ram Steel Bar ( sure blood all over the Floor )

next week 8Dec (Fri), SAP should release Qr results. I think opposing parties should save some energy for
"Great Speech" in 8 days times

If Velesto generates 150(2Qr)---210M (2Qr)next year, Management can Wipe-Out Total accumulated Loss
RM585M in Dec 2024-------Dividend in 2025 ( This is what PNB wants---Cut Debt and Give Dividend )
Once dividend is Confirmed, Velesto price is far, far easier to compute----I think PNB will push price above RM1
( as a matter of fact PNB is supporting price just recently )

Management has made it very clear where they used revenue ( atleast what i can see ) Operating cost
include Short term borrowing for Salary Management, buying Raw Materials and others Daily needs---
Due to missed alignment of when Revenue is received, Short term loan is necessary as a "lubricant"---if
NO salary paid on Time ( mogok )----When management paid Back short term Loan is listed underOperational
Cost -----So it is clear Velesto makes 74mil profit from drilling this Qr but paid off Short term loan( 70M)

Total drilling profit is RM74.8mil ( If declared as net profit, management has to pay 32% taxes so better
paid off short term Loan ) 3Q23 Date-Rate is $92 / day----HESS offer is $135 / Day in 2024 ( maybe starting
Oct 2023 )----So I expect Velesto profit to be about RM150--210mil per Quarter in 2024 ( have to include
Revenue from 2 hydraulic Units which will be operating Full Time in 2024 )

Money just donT disappeared from Revenue. Velesto Management paid back RM70mil Short Borrowing.
2Q short term Loan was 219mil and 3Qr short term Loan is RM149mil ( 31/12/22 Short term Loan RM254mil)
Good or Bad Qr ----you say!!!
I think Management will made RM70mil profit +++ 4Q23

Next major usage is HNB ( heat not burned ). Equipment is about RM400 But many, many Chinese Shop
owners i know had switched----They said for Health reason, but real reason is just donT want to give up
smoking----How can you bullshit in Kopitiam like a Taiko Without a Cig hanging from you Mouth

nervous is the word

sometimes people are born to Loss Money, Jaks is born to "Waste Money "

Earned so "Little" also give Dividend ( 1 cent )??? For sure 4Q results is strong. Dividend is surely from Highway Cash Sale proceed which i complaint ---give so Little at that time. Anyway State Gov Co. has no Vested
interest ( Got extra money just give it away )

“Every US$10,000 (RM42,500) per day increase in our new-contract DCR assumptions will increase Velesto’s FY23 forecast core net profit by 17%

very explosive Earnings in 2024!!!!!!!!----3Q results Must be out before 31 Nov ( 1 Dec )

Big Fat, Shorty ( Public Bank --0.630)-----Trying to out do my 0.40 Tp

Hess offer the highest Day-Rate in 2023.....but still US$20,000 Less than what SAP is getting outside Malaysia
Water.......If ALL Velesto Rigs gets US$105,000---I am very sure Velesto net profit will breach RM70.0mil / Qr.
Serious consideration---changed Job Bidding Director ( makan Gaji only )

I am optimistic this Qr should be better than last Qr.....Cement Bags usage is Up....Water Chemical demand
is Good ( Taliworks Qr remains Good )----More and more Electronics Giants are leaving China and enter
Vietnam---ToyoPlas (Vietnam) should pose Good results---Most likely negate Penang slow-down