Better buy dayang and Carimin. But be moonson is coming. So watch out.

Where is @penergy. Run away now???? Talk so much, now drop another 5%. Whoever sell yesterday... congrats. Operators will dump their final bullets soon. Beware...

Hahaha. @Penergy, seems like ur world is upside down now. Losing money perhaps. Told ya, Buy Dayang and Carimin. Up today. Woohoo.

Heard from remiser, it’s going to be ridiculously bad. Best of luck everyone.

Run. Run. Operators dumping coz next q will be so bad. Good luck.

Dayang and carimin post better results on services segment. But Penergy losss making. Dump Penergy, buy dayang and carimin.

Still in state of undenial. Do you really know how to look at the account? Agreed totally with geco, if u exclude one off profit, the company is actually making loss. Next quarter services segment will be hit by moonson. So it will be another loss. So NO Good Bro.

Dayang results superb. Next time don’t go for smaller one like penny. Go to establish one like dayang. Only dayang received more profitable services segment contracts. Sell penny, buy Dayang.

That’s why I’m saying that u can’t rely on upstream. So for Penergy, service segment drop, upstream expectation so bearish like hibiscus. Sure more way down to go tomorrow.

New TP 1.30 or 1.40.

Don’t kill urself bro Penergy I know it’s ur kpi as operator but be patience. Market will price in regardless what u say coz results is not so favourable.

Cool down bro. Just a fact. Market will price in anyway.

Be aware of other services stocks as Penergy is the first to record drop in profits on services segments.

Heart attack.

Can’t rely on upstream lor. Rm29 divided by 6 quarters since Q218 only rm5 per quarter. Not enough. Some more hibiscus upstream also struggling to achieve profit with low oil price.

With this kind of illiquid stock, big funds can easily dump. Aiyo.

Results good due to upstream rm29 mil which they have recognised earnings from Q218. Minus the upstream profit, service / maintenance profit drop. Net profit if u exclude upstream is loss. How?

Told ya, pantech profit drop halved, price drop 5% only. Today already up. Same case for vitrox, today drop 5%, next up sure up.

Actually this is the best time to enter tech counter... investors now short term. See which counter up so much ytd... oil & gas and construction up more than 100% d. So sell these Oil & gas and construction counter, then invest in tech... simple

Now people shift to tech already.

Where got up so much. Ytd up a bit only. U see all o&g counter, up more than 100% earnings oso not sustainable

This one guided already ma. Next quarter better order ramp up.

See penta results next week. More interesting if earnings also shit.

U see pantech profit down half, share price drop 5% only.

Btw, some research report already give management guidance of bad results for this quarter, next quarter order will ramp up again. So no issue.

See how penta results next week.

Rilex. Most tech companies price is still up although earnings like shit. U can check globetronic, inari, kesm etc all price still up this year but all earnings like shit. People already starts looking at next year.

This counter can’t chase Penergy as sole biz only Maintenance. Maintenance income very unpredictable, every call/order (even if the company secured 1 or more projects in a quarter) have different set of works and type of margin. So, earnings will definitely be volatile.

Penergy have oil field. Totally different games. The only setback for Penergy is mgmt bad track record and Najib cronies.

KUALA LUMPUR (Oct 4): Businessman Tan Sri Bustari Yusuf will submit a representation letter to the Attorney-General's Chambers to settle the forfeiture suit involving RM11.9 million belonging to him which was seized by the Malaysian Anti-Corruption Commission (MACC) for being allegedly linked to 1Malaysia Development Bhd (1MDB) funds.

The matter was informed by counsel Datuk Kamarul Hisham Kamaruddin, representing Bustari as respondent, during today’s proceeding of the case which was scheduled for hearing before High Court Judge Collin Lawrence Sequerah.

Kamarul Hisham said the team objected the Government’s forfeiture bid on grounds the prosecution had used a wrong method in filling the suit.

He said that they would file in a representation letter to the AGC in the near future and the court set Nov 1 for the case management for the development of the representation.

Earlier, MACC deputy public prosecutor Mahadi Abdul Jumaat said today was set for hearing of the case, but they had received written submissions from the respondent two days ago.

"We need time to study and provide answers as there are important issues that are included in the written submissions of the respondent who made preliminary objection against the application filed by the applicant (prosecution)," he said.

MACC chief commissioner Latheefa Koya told a press conference recently that the prosecution filed forfeiture applications against 41 respondents in a bid to recover about RM270 million related to 1MDB.

She said MACC acted under the Anti-Money Laundering and Anti-Terrorism Financing Act as it believes the money concerned was actually 1MDB funds transferred from the account of former Prime Minister Datuk Seri Najib Tun Razak.

Wow. Operators all out. Good for trading. Tq.

Classic case of operator game! Noticed that they have already filled in recent months. Now time to push up.

Hahaha. Window Dressing curry mee done by big institutional. Need to answer to their investors on performance at the end of month. The best choice is this stock. Low liquidity ma. Easy to push higher. Selling opportunities before they dumb the stock after 30th Sept.

Heard Solarvest listing near.

Wow, u so harsh Armada. Probably limit down to rm5. Full year profit drop 500%. So rm5 is the right number tmrw.

qqq3 always bearish on all his comments. Live miserably all the time. Come on man. Try to be happy even market down.

Heard can go down 100 to rm6 or maybe below. Profit drop 80%. Boom!!!!!

High debt, no potential to get any FPSO projects in future, mgmt con investors since its inception.

Overvalued

Oit Probably, u come back after deleting all the messages. Haha. Just accumulate lor, otherwise u miss the boat again. Drone is coming to attack another field. Btw Hibi is still undervalued as Dayang and Armada already up 10-20 sen in recent weeks while Hibi back to its old price around rm1. TP should be at least rm1.30

Haha. Apple now happy collecting. Better get the right price otherwise u will miss the boat again and later making noise all over again. Eat Apple be Happy

Ur are right superpanda, sometime we need to give pie to these people so that everyone will have a happy face. Otherwise, u can see these people making noise all the time. My advice just buy if u think price is right tmrw. Hehe. Nite.

Don’t worry about me. I am well position regardless oil price up or down. Just wanna give u hindsight about current situation where most of oil services up in recent week, then Hibi should go up as well. That’s all. No point arguing with u further. Just collect if price drop a bit tmrw so ur sad face turns happy. Everyone will have win-win situation then.

Btw. Ur sad face may be smiling a bit if u can catch Hibi at lower prices tmrw. Give u chance to collect more.

Wah. Those sad face now smiling to collect lower. Haha. Think about it, if oil services can go up from 60-80 sen to rm1 already, the. Hibi in no time can still climb to rm1.30 from around rm1 in the past 2 month.

To make it simple. Higher oil price will push upstream player to produce more. So it means less maintenance for oil services and hence, less income for them. Oil services already up from 60-80 sen to above rm1 already while Hibi previously was rm1, now at Still at this level. So Hibi should price around rm1.30 at least.

Wow! Don’t realise that many have missed the boat. So sad.

Yeah. Other oil stocks previously price 60-80 sen now already above rm1. Hibi previously around rm1.00, now supposed to heading around rm1.30 at least.

Apple168, why are u so sad... u mush have missed the boat right?

Better go upstream. Upstream will utilise these period which means less maintenance and income for Services players.

Better go upstream. Upstream will utilise these period which means less maintenance and income for Services players.

Better go upstream. Upstream will utilise these period which means less maintenance and income for Services players.