Yalor fast out quarter lor

Woah another dividend, dam this counter is gold man. At this price is 7% yield easily. Woots. People sell I buy that's how u make money

@kadir haha I know that's why my gas price is get from investing.com. But then again contract price is certainly lower

Is ok la, i always post with facts and reasoning not emotion.

last year revenue and profit dropped. @jay, confirm boh ur production ramp up?..did they ramp down last year?

I'm a hater, but my intention here is just to wish everybody here good luck and happy trading :)

@kadir, come on do you even know what is gas, do you even know that Shell's sees the future in gas that it bought BG? not widely use, you sure? Gas is turn to LNG which is use to run gas power plan such as in Korea, Japan and many others in the world. Even Thailand is expanding its LNG receiving capacity as its plan to expand its LNG usage (Power generation, day to day, petrochemical). In malaysia we have many combined power plants that uses LNG, notably in Bintulu to run its SCORE corridor. Not to mention that Malaysia government will increase gas price every 6 months from now, since our LNG that uses here is very much lower than market value. If you can do some maths, based on investing.com average LNG contract is$3.15 per 10k mmbtu, 10k mmbtu is approx. 1mmscf (Correct me if im wrong). Average 1 gas field platform production is 150- 250mmscf/day. Doing the maths for the lower limit 150 mmscf/day is equivalent to revenue of
$472.5k per day. Which translate to approx. RM 2 mil per day (4.3 Myr/usd). One month u might earn approx. RM60 mil , which then of of cause LNG is usually sold at a lower price to buyer at a long term contract. So maybe -20%, and maybe another -10% for opex. Remaining RM42mil per month. In one quarter, that adds RM126 Mil in its revenue bottom line for the long term. But if compared to dataprep those pump and dump counter, skpetro surely cannot compare to that type of returns. hahaha.. happy digesting some maths guys !


http://www.theedgemarkets.com/my/article/petronas-says-rm200b-forgone-revenue-selling-natural-gas-cheaper-malaysia

Yeah waiting for their gas project to start, then all those analyst will post good good things about skpetro

If u go Malaysia keep seeing cck product.

@plaxo88 that sold already retreating, what a crap investor

Strong buying consolidate a while will soon push to rm2.6

Aya last year -2bil loss, u think this quarter also 2 billion ah? Chance of it happening is 1% or if the management are kapchai la

Talking about his golden rule of making consecutive profits, so bullshit hahaha

Correct me if im wrong, logistic hub you need more labor not blue collar. So this people usually earning low and cant afford proper home, either alibaba build them some apartment of dorm to live in...[

@kadir, we only started Q2, we still have 6 months least. If platform sail out, you need <1 month to put in place, 1 month for tie in, then maybe 1-2 months for drilling and completion. u still have extra 2-3 months to buffer.

Going to consolidate around 2.3-2.45 a while. After that 2.65

Hahaha last time say eddy consolidation done, see up lots liao

Nice @hng33, you can retire in peace in 5 years time haha. See today pohuat announce results very solid Sia

Should be end of the year, most probably q3. Usually q4 less marine activities as monsoon season. So best bet in q3

down some more I collect. Why? This year end first gas for their B15 platform to those that do not read skpetro annual report.

Pump pump pump dump dump dump...

Those who have earned much liao.. time to say bye bye

woah impressive goreng....

Ok la, enough with USD strength and forex play. I hope Liihen go expand quickly to other market as well.

waiting salary in.. to shoot shoot shoot

I smell opportunities.

Taann stocks dropped drastically from 4.2 to 3.6 might indicate some bad news in Taann that we public does not know yet.

so big swing.. matilah those did not check their stocks every seconds..

"SapuraKencana Energy has had considerable exploration success in recent years. In 2013 and 2014, seven gas discoveries were made in the shallow waters of Sarawak, adding close to 6TCF of resource. This gas will be developed and sold to the nearby LNG plant in Bintulu. In addition, we have developed eight oil fields in Offshore Peninsular Malaysia reaching a peak production of 75,000 BOPD in 2012. Our expertise is in maximizing recovery from thin oil columns with long horizontal drilling and innovative completion technology. Integrated project management from subsurface, drilling, design and construction, to production enables us to bring production online in two to three years from the discovery well."

From SKpetro website

http://sapurakencana.com/press_release/sapurakencana-energy-sarawak-inc-announces-the-signing-of-the-sk310-upstream-gas-sales-agreement-for-b15-gas-field/

Yes, they do. I think they have psc. you can read their annual report for detail. But this year, certainly there's something, you can even visit their lumut, perak fabrication yard. Heard from friends something like B15.

guys don look at oil price only la.. skpetro is a gas producer itself....

woah clap clap..

Con or not, show some proof lor.. easy

chillz la, after recent fed hike, sure ringgit strenghten a bit. With this June and December hike expectaton. USD will be very firm. No worries, any correction is a good entry.

The thing i worry is no big exiting projects liao.

expected after fed rate hike, ringgit will strengthen a bit and usually export counters will depress a bit in price. But with expectation of hike in June and December this year. USD will be firming after a week or two. Buy and keep

I heard operatorship for north asset Sabah stil not yet transfer fully to Hibiscus. Come on.. so darn inefficient this hibiscus.

woah ho liao, skpetro clap clap. this year 2017 will be a very good year for skpetro. Stay tuned for end of this year !

Jangan takut, all those not good earning unit feel free to dispose and be lean.

This year and next will be bad for bauto. Good luck investor

every drop is a good buy, though you cant control price of crude word wide. But skpetro is producer of gas fields, and it already won many contracts.

I hope it drop more so I can buy more

I rememered my friend bought at 0.8 and i told him not too and he still bought it.. so sad.

shock to oil price wont be that significant compare to 2014, especially since companies thesedays has been lean and many cost cutting initiatives.

As long as no contracts win, Armada is not a good buy

haha don trust or what bah, do your own assessment.

Whats the effect of crude price on this counter? they business merely store and send oil of their client at a fixed price (FPSO) & other minor contracts. Those that think crude price can affect this counter instead of contracts win better think again and see your understanding in oil and gas business before screaming price of crude up or down.. lolz..

As i mention, no oil and gas counter can compare to skpetro. And the next in line is Dialog & Uzma as both has share/psc with petronas in certain fields. So make your decision.. pure service provider sucks, everyday being hammered to accept lower price contracts from the producer...

All the time the furniture business mention about high labour cost, etc and people think the prospect for these companies are not accommodating. However we will need to be aware that, this business tell you their risk, which they work hard to improve. So whats the issue ? ..