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

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

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

actually it is Bursa that saved the Day---Stop IDSS ---Blocked below 1.30----I think shorties was looking at 1.20

those who Brag they made "so much" from aax , now had their Son registering them in Tanjung Rambutan
for Screaming uncontrollable

Try to manipulate fall ( halt and amend results ) Again---finally spook the market kaw-kaw

You must know the History of Dnex undertakings to understand this Co. chaotic Decision----- Basically Bumi
take over this Time Engineering Co which is just a Electrical Wiring Co (a small Co---7 years to make a profit ).
Then they Got " jalan " secure Gov Digital / Software installation---Still wiring Co but sub-sub Gov contract (Soft
ware installation ) to many Chinese Installers ( very little margin Left ). New Oil Ceo came-in, change to Oil
prospecting but Petronas hands are Full of Bumi Contractors----Then approach Gov for NIIS ( now digital IC )
but Muhyddin has his own "maicai "---So lastly score Big, Bought Silterra ( Sold by Khazanah but it is close to
Bankrupt----100mil loss every year for 10yrs )

This share is a Tony money manufacturing machine. Tony delay Results release until the very last Day But everyday
shouting mega Deal and Feel Good announcement ---Then just before Results announcement you see
massive selling just "Hours" before results are released----If you are Lucky to jump ship before disaster
strike, you will brag ALL Day

management manufactured "#" for private placement ( sell shares to so-jai ) Once the # are tangle-up, it takes
many Qr to un-tangle them. Results always look funny-----Dnex strictly for Goreng only

same earning story like AA---used 50m forex gain to pop-up net profit------19m operating Loss

nobody bother to look further if losses is just 10--20mil---but when losses Hit 250m ( normal for people to
start digging further )

This QR results is Not what i saw " before CNY starts ( they changed it in 14 days ---hahaha )
As i said I saw net profit about 6--7mil ( now loss before Taxes is 56mil )---Under Note 14, now accounts say
UK Energy Profit Levy is 142m---i saw about 250m----And net loss for the period was "250m" ( about ) as
compare to latest release Net loss 56 mil---Syabas Accountant for fast turnaround

forex Gain is actually fishy ( easy manipulated ) Looks KL Kepong and IOI Corp, I see minimum Gain---Actually
for the last 8 years, the forex loss & Gain between AA and IOI always move in tandem with each other---I donT
know for sure what happen but as a former BarTender like Tony, he can works miracle out of nothing

Operating LOSS= 273mil ( Red)----Save by Forex Gain 389mil

Lots of Cash helps in easy survival, Liquidity and give Directors alot time to play Golf everyday---Investors
look for rapid expansion to Double , Triple their asset--------Blue Blood stock has Little Value

die, die also donT want to release Results---What so frighten? Even Condom maker EverSafe dare to release
Results today---

I think there is one Hydraulic workover unit Not having any job in 4Q---But 1Q25 ( or later ) we must include
revenue from this unit ---Together with higher DayRate, i believe 1Q24 net profit could breached RM100mil
net profit

Day Rate for this Qr is $99 / hr----Negotiated with Petronas is $130 for 2024. So 2024 Revenue will bounce
up by 30% ( very Good but still hoping Higher )

66mil profit and 0.25sen dividend ----My prediction is close---70mil profit Q4 bcos last Qr Velesto paid off
Short term loan( almost 70m )

New Agong will NOT allow any politicans to "Change" Anwar administration ( wait for next Election )---This
will boost Economy and Stock Market ( no political disruption for next 4 years )----See MalaysiaKini

Just Chill---Got atleast 4 days before Results Out

next week, Mon , Tue will be Do or Die for Velesto Price

4Qr23 will be the highest achieved profit?? Following Qr24-25 will bounce around this base bcos Velesto revenue
are Contract Based (fixed ) & Floating DayRate ---SPM graduates also can estimate next coming Qr #

Who are the Debtors? More like Son owed Father money---Only 2 foreign Banks sitting out of meeting

almost all Oil service sector Qr announcement have improved result-----petra dividend is 4sens

aax has used my covid non-refund ticket as "profit" for this Qr .....max profit 6mil if not sure negative due to
forex loss

Nvidia makes Graphic Card can put 800mil Transistors into a wafer the size of thumb nail ( This is High Tech )
While Super can add 200 Bangla for every factories they Built in Malaysia however China can add 200mil workers with No immigration problems

I think management will use " Reverse impairment " to remove any KinKey numbers to make Results
beyond expectations----Forcing analyst to Upgrade for 2024