Revenue contribution from key projects in Q1 are not significant yet. We are expecting higher revenue contribution from key projects in next quarters.
Example the East African Crude Oil Pipeline (EACOP) project 20% are facility construction and pipeline coating 80%. Revenue recognized from facility construction only up to 50% since last quarter which is about 10% of total project value. 90% of project value will be recognized from next quater until 1st quarter of 2025.
Contribution of Yinson`s Agogo FPSO also insignificant in Q1, 2023. More contribution in next quarter onward.
New project to be announced are Qatar Energy pipeline project extension or phase 2. Expected another FPSO related construction project in 2nd half this year.
I3lurker go spend your 30k in 99 speedmart. QL and Family Mart will continue to make handsome profit every year with or without you this kind of Cina Apek customer.
No link, insider news.
You making own assumption. BP`s investment maybe not just on paper. Maybe they looking for business relationship with GLC.
What is the highest rate in history?
Invest in Pharmaniaga doesn't mean takeover the company controlling power. BobAxelrod you put in your own assumption.
I3lurker what are you talking about? What is anti non Muslim? You want to buy beer there are plenty places.
75% of Malaysia population are Muslim. Is nothing wrong for Family Mart stop selling Beers. Remember the QL resources big boss is Chinese.
This daily rate of USD 128K is very much better compared to last few years.
Slowly collect it.
Resistance at 0.26. Need some good news to break this.
Best Glove company in Malaysia. Must have in your portfolio.
CyrusQ are you crazy? 2 weeks ago you said 5 cent and gone case. Today you say $2.
You got brain or not?
New project coming soon.
This Conman BobAxelrod spending most of his time on DNEX, PHARMA and SAPNRG... You see why he selected this 3 stocks??
This BobAxelrod ask people sell and he collect at bottom. Black heart people!!! HE IS A CONMAN!!!
OKU = Otak Kurang Upaya.
What is expected dividends payout ?
OKU I checked your posts 100% talk bad about other counters. Are you too free or you got mental illness? You are OKU because mental problem?
Yalah suddenly so many angry posts here.
Uncle Pang. You better keep your money in EPF, don't withdraw it because share market not suitable for you.
Armada is on the right track now and within your lifetime, the fossil oil is still the most important commodity in the world.
Pang72 51 years old uncle. I just asked you why you call Armada karma stock and you already started talking rubbish and mumbling.
I guess you attitude wouldn`t make you anyway. You better quit share market before you lost all your EPF money.
What do you mean Karma Stock?
This CyrusQ is a crazy guy? Wah Seong never go lower than 0.40. This company doing international projects. Haiyah do some research please don't just post rubbish here.
Today suddenly breakout. Good news coming?
Just ignore him, you stop replying all his messages. Let him talk to himself. Skip reading all his posts.
Simple mathematics 70 mil - 25 mil, we are looking at minimum 45 profit.
Add on increase in charter rate this quarter... Cantik!
Sslee next CNY ask daughter buy Lacoste t-shirt logo faced right one. The crocodile brand is Hong Kong brand cheaper.
Creditors accepted 95% haircut in exchange with 20% of AAX earning for few years. Is this enough to pay off the debt? I'm impressed with this Bollywood dance.
The CFO said new project award announcement coming soon. Extension of Qatar project. No news yet.
If the auditor found negligent in their audit job in Revenue why new BOD not sue the auditor? Why let the auditor go peacefully by resignation?
Auditor resignation has impact to the market confident and company image. Listed companies don't just change auditor as they wish.
My advice cutloss and move on the next stock
Serbak case dramatically ended up with a few million fine for accounting fraud.
Is related economy and market confident.
Existing auditor resign is a big risk. One good example is Serbak.
Capital A got a boss who knows Bollywood dance. Insas chinese boss just looking at his cash and assets everyday.
Any detail of that 170 billion MOU?
Next week maybe drop again
Stock: [WASEONG]: WAH SEONG CORPORATION BHD
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Agreed key projects revenue still not recognized in Q1, 2023. Expected peak toward the 2nd half of 2023.
More excited projects announcement coming soon. Conclusion hold it and buy more on discounted price.