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2015-02-17 03:13 | Report Abuse
Maybank research quoted, dont quite understand hehe, so its good for perisai n alam?
Alam and Perisai offer compelling replacement value angle; M&As for established rig operators (UMW O&G).
New PETRONAS chief to emulate blueprint continuity; his views on local service providers to be closely watched.
Yinson, BArmada, Dialog and Perdana are key tactical BUYs.
What’s New
We re-examine service providers’ valuations, from a replacement value perspective, in search for values following their recent rerating. Elsewhere, it is a buyers’ market for drilling rigs now; speculative rigs are on fire-sale and yards are offering discounts for new orders. On a separate note, Datuk Wan Zulkiflee Wan Ariffin has been appointed as PETRONAS’ President/CEO effective 1 Apr 2015, on a 3 year-contract, taking over from Tan Sri Shamsul Azhar Abbas, who will remain until 31 Mar 2015.
What’s Our View
Specifically from the replacement value perspective, Perisai offers the biggest gap, 99% above its current market capitalization. This is followed by the other OSVs - Alam (+40% gap), Perdana (+24%) and Icon (+8%). Alam (+27% YTD share price) is the only one with a positive replacement value over its net debt.
From the M&A angle, we see opportunities for UMW OG to capitalise on new, premium rigs built on speculative basis. Such assets can be procured at 10%-15% discounts, off their prevailing market prices and they have a short delivery period.
2015-02-16 19:51 | Report Abuse
Today is up 2cent, what jatuh balik.. people here sometime very weired. They expect stock to go up 10% everyday? Please tell me which stock can so I can sell my perisai n buy. Haha..
2015-02-16 19:45 | Report Abuse
Wait until shark dump n u buy its already too late gone case..
2015-02-16 19:02 | Report Abuse
Yup im still holding 100k share.. today intraday 2round.. not bad.. mayb will sell tomorrow
2015-02-16 15:32 | Report Abuse
Excuse me ? Panic sell ? Its still up 3sents are u guys ok?? Excpect evryday up 10cent? , can.. in your dreams.. haha but I wish it hapeend..
2015-02-16 12:31 | Report Abuse
laotze look at the trade pattern is uptrend now. Buying rate is high.. I also que buy back at 30sen. KRONO is not a bad company
2015-02-16 12:29 | Report Abuse
So happy Krono give big angpow! Sold some at 31sen, remaining will bet for higher price.. of coz now is buy.. tp min 35cent
2015-02-16 09:54 | Report Abuse
Engine warm up again
2015-02-16 09:45 | Report Abuse
Its still up 2.5sen.. where is the drop !?
2015-02-16 09:44 | Report Abuse
Not bad 29sen now.. Uptrend is secured
2015-02-15 21:29 | Report Abuse
Im already pick up from 46-50sen, die die also wait for tp 1.2, or mayb rm1 then I will be very happy !
2015-02-15 20:02 | Report Abuse
I think kingkrobra got burn badly before this but he is telling story when oil price starts falling, now oil price is rebounding so everyone are confident with the rise of oil n gas stocks, but I do agree do not fall in love with stocks.. but if u are an investor for long terms (not contra), I guess in 1year all oil counter will rebound accordingly.. kingcobra mayb u can buy somemore to keep for another n wait for harvest..
2015-02-14 16:45 | Report Abuse
Yes same case on ifcamsc, price drop only on the day that issue uma, so I think hah64 is right :)
2015-02-14 15:27 | Report Abuse
Ifcamsc kena uma on 16 jan price drop 4.5 sen to 95sen, then after that shot up till 1.28 on feb 8, usually the company will jus reply they are unaware of this unusual trading bla bla bla..hopefully perisai will not affected too much
2015-02-13 22:06 | Report Abuse
We actually dont need maya.. coz its not a bad company
2015-02-13 17:03 | Report Abuse
Aiyo canot jus up up up non stop la.. sure ada pull handbreak abit.
Btw bro stonenut. When perisai quarterly report will out ?
2015-02-13 16:53 | Report Abuse
Coz oil wont drop forever n this is government owned. So it wont collapse simply as it !
2015-02-13 16:13 | Report Abuse
bought another 100k share at 26.5, lol seems like profit taking now for every counter
2015-02-13 15:34 | Report Abuse
Ya.. I will hold tight tight la wait for ultimate target 90sen enough lo
2015-02-13 15:25 | Report Abuse
losing steam abit now
2015-02-13 15:19 | Report Abuse
more big company will use data protection program so its good for krono !
2015-02-13 15:07 | Report Abuse
actually we should look at crude oil or brent price? crude usd52, brent USD60
2015-02-13 14:27 | Report Abuse
brent oil is usd 60.01 now ! hehe
2015-02-08 11:05 | Report Abuse
Wow sumatec look promising according to stonenut. Bro why u choosy th heavy I thought the company still not done so well n right issue also cancel
2015-02-13 11:59 | Report Abuse
Ya thats good.. jus 1day 2 cents returns
2015-02-13 11:39 | Report Abuse
Lao tze why quite early.. I sold 100k share at 28sen n buy back 27.5 for intraday coffee money hehe
2015-02-13 10:52 | Report Abuse
Need more volume to drive up... come on Krono
2015-02-21 10:26 | Report Abuse
Today show is oil n gas...gdp is better than forcast n oil price is up.. mayb the next turn is Krono
2015-02-13 10:42 | Report Abuse
Bro stonenut, u think sumatec still can ? Alwayz too many blocks also.. price also not really recover..
2015-02-13 00:55 | Report Abuse
Sorry not agree oil wont be usd50 in this 2 years,by june probably already USD60..Perisai will soon go up..
2015-02-12 23:46 | Report Abuse
crude oil n brent oil are up 3% now.. hope it will sustain n will be good for o&g counter tomolo !
2015-02-12 23:45 | Report Abuse
crude oil n brent oil are up 3% now.. hope it will sustain n will be good for o&g counter tomolo !
2015-02-12 23:01 | Report Abuse
Its jus temporary.. wont cut forever..
2015-02-12 22:30 | Report Abuse
Today petdag big drop I think becoz this news right ? Anyhow malaysia gdp is better than forcast, hope it will have some positive sentiment to offset this petdag news..
2015-02-12 14:57 | Report Abuse
1833 wrong link bro !
2015-02-12 14:37 | Report Abuse
oh ya some loser appear again.. people with no moral just only do personal attack n cursing.. here is share trading forum.. not tanjung rambutan forum
2015-02-12 14:36 | Report Abuse
oh ya some loser appear again.. people with no moral just only do personal attack n cursing.. here is share trading forum.. not tanjung rambutan forum
2015-02-12 14:34 | Report Abuse
just bought another 100k ahre @ 0.255 for support !
2015-02-12 09:39 | Report Abuse
rm 1 drop ? is it a good time to collect ?
2015-02-12 09:37 | Report Abuse
tenaga drop so much draggif down klci , hopefully wont cause panic sell again
2015-02-12 09:27 | Report Abuse
panic seller.. almost become one of them hehe...
2015-02-12 09:06 | Report Abuse
I think today will rebound above 60sen.. !
2015-02-11 10:30 | Report Abuse
See today up again... haha..not the end of the world jus drop 1day everyone wants to run/sell
2015-02-11 10:28 | Report Abuse
As long as our counter make money we are very happy ! there is no use to compare which stock go higher than which
2015-02-11 10:23 | Report Abuse
stonemut still holding those at bought at 66sen.. hold tight tight la.. got above rm1 im very happy :)
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
2015-02-17 03:26 | Report Abuse
When time goreng.. u want to chase also no oppurtunity..always non stop que appear n appear !