8 mil myr shark dumping... luckly coz time out...

Falling dagger imminent...

Oh mannn.... where is the steam???

Oh mannn.... where is the steam???

Gov policy is to cut cost here and there so far... So i reckon shorties going to win as long as this happen...
we hv missed the era where companies release announcement on awarded projects from gov...

heheheheh... myeg got movements ... here is like pasu...

Later shorties could be dump dump... bewarned all those possible tricks...

Shorties are savages ... they are formidable armies..

Hehe..cheap zetrix..

From rm1+ down to possibly unimaginable prices..this is sort of risks when dealing wth plc hving system running for gov

https://www.reuters.com/business/energy/russia-cut-oil-output-by-500000-bpd-march-2023-02-10/

Anytime... 0.07~.10

What has happened Malaysia??? where is FDI?

Group CEO resigned... Selling 80% stake.. you know what is coming next...

Police could be speechless now on how to conduct enforcement and catch bad guys... and stolen cars..

LD LU still potential...

But.. but... If IRIS lost NIISE, MYEG should be the right candidate to take over... BUT

Three White Solders on Crud Futures

https://www.investing.com/commodities/crude-oil-streaming-chart

Expect higher prices coming ahead likely...

SC must enforce the rule of law and jail those conmen... we have seen many conmen lately in conpanies... otherwise they cold employ 1001 tricks and tactics to con everyone... including the court of justice..

Won NIISE and lost to NIISE (MYEG) both down..

if sell off completed ... gov could cancel the awarded project due to unsustainable co without PLC parent..

How pity companies lost NIISSe and awarded NISSe both downed..

im sorry to say this.. KLSE sharks are excellent and highly efficient in doing short selling... after a bad news broke no one could stop the wave...

if just MACC case, IRIS and related parties could not run away from investigation even IITSS sold..
This must have related to something else...

Do not underestimate .... every system will undergo incremental growth.. this is what experienced by MYEG system..

Should not expect a new replacement could perform complete better outright.. it still requires experiential growth..

Someone shook the tree.. so the bats all running away... MYEG damage done...

Who are the biggers losers here? Investors???

Do they really serious to deliver NIISE ? Is it signs of disaster incoming??

Even recently their top bosses leave..

NIISSe 1.6bil isnt expensive project.. in fact is way too cheap to deliver... Can the co sustain if it continue with it? No wonder it decided to sell to a private co.

But can our sensitive data falls under a control of a private company? Does the small company has what it takes to ensure full security controls and measures enforced and implemented to ensure data safety?

Next affected business is no more fancy plat number chars otherwise their AI cant read those plate numbers... Car Accessories Shop can make money selling standardized plate..

So no more roadtax checking otr.. change job scope?

Proxy money sure plan to escape.. otherwise they will try hard to sustain the businesss..

Hmmmm.. involve MIMOS.. Is it going to be a reliable partner anyway???

Still short...

Pity..

The void in the bussiness im not sure gov can be efficient to handle it..

See long term.. might need another system which cost us billions...

They support but could be via shorting.. in that case the prices move downward

Could be insttn is the shortie

0.40!!!+

Told u

...piling up..

hehehe... shortselling will work hard to ensure prices down...

Let's hope more projects and extensions ..


-----------------------------


Meanwhile, Sapura Fabrication also bagged a contract in the Malaysia-Thailand Joint Development Area (MTJDA). Sapura's unit will provide engineering, procurement, construction, transportation and installation, hook-up and commissioning of Host Tie-In and Brownfield Modification work for the Additional Andalas Pipeline Project for the fourth phase of the MTJDA from Carigali-PTTEPI Operating Company Sdn Bhd.

The scope of work under the contract includes engineering, procurement, onshore construction, transportation and marine spread chartering, as well as offshore hook-up and commissioning of Host Tie-In and Brownfield Modification at Jengka-A Wellhead Platform, Andalas-B Wellhead Platform, and MUDA Central Processing Platform and MUDA Central Processing Platforms.

Works for this project are expected to be completed by 3QFY22.

The MTJDA Project is a producing conventional gas field located in shallow water in Malaysia – Thailand Joint Development Area and is operated by Carligari Pttep International Operating. The field is located in block Block B-17 and Block B-17-01, with water depth of 213 feet.

The MTJDA Project conventional gas field recovered 60.72% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 8.55 thousand bpd of crude oil and condensate and 347 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 35% of the country’s daily output.

Looks someone buy and sell back for fees..

as alway in lost .. lack of revenue.. why still alive?

0.55 is gone anytime likely...BOOOMMM!!!

More like LD

Wow... BIG whale in... pls bring to 0.10!!!

Huge nosh... possible like SAP..

Then why not 2025 later?

Why not this price drop happen the moment IRIS won the NISSE . Why now..

No meetings yet.. No news yet from PM or Minister.. this scale of catastrophe need someone big to issue a statement...

today LD just on alleged or plans.. Who asked the director and publish the news btw??

Regretfully... supposedly bad news should not simply go out of the media without assessing the scale of impact to existing shareholders... It is better they release it when there is a plan for a counter offer projects to pare the possible losses in revenue..