fund manager

many likes to you..

keep going..

kenanga and eastpring have a few good fund..

holy shit..

2.5 mil share bought at 1.20

its about time to race higher..

he is just a kid try to pose as super investor..

can create new topic than...what can we learn from KYY..

Prospects

As a leading integrated technical services provider to the upstream, midstream and downstream sectors in the oil, gas and petrochemical industry, the Group remains confident that its business model is well structured and can withstand the current oil price volatility and currency movements.

The drop in oil prices will lower the overall costs of processing, manufacturing and production of a wide range of petroleum and petrochemical products. In addition, the strong demand for storage facilities for petroleum products reinforce the Group’s strategy to further develop and invest in the Pengerang Deepwater Terminal for the long term. The Group will continue to benefit from long term sustainable recurring income when the additional tank terminal facilities start operations.

The Group is currently busy with EPCC works on Phase 2 of Pengerang Deepwater Terminal, which is the development, construction and operation of the facilities required for the handling, storage and distribution of crude oil, petroleum, chemical and petrochemical feedstock, products and by-products to and from the Refinery and Petrochemical Integrated Development (“RAPID”) complex. The estimated total cost in Phase 2 is RM6.3 billion with 2.1 million m3 of storage capacity. This project is scheduled to be completed progressively in 2018 and 2019.

The Group had also embarked on the joint venture with PETRONAS Gas Berhad for the development of Liquefied Natural Gas (“LNG”) regasification facilities comprising a regasification unit and two (2) units of 200,000 m3 LNG storage tanks with an initial send out capacity of 3.5 million tonnes per annum for a total investment cost of RM2.7 billion. This project is scheduled to be completed at the end of 2017.

Further development of the Pengerang Deepwater Terminal will provide more opportunities for the Group’s engineering, construction, fabrication and plant maintenance services. The Group has recently set up a fabrication facility in Pengerang and has positioned itself to capture opportunities provided within the Pengerang Integrated Petroleum Complex (“PIPC”) development.

In the upstream sector, production enhancement activities continue to be carried out in Bayan field and D35, J4 and D21 clusters. Efforts are ongoing to identify and mature new oil opportunities in these mature fields. In addition, the Group is seeking viable production assets which may become available.

smartphone market is tanked..

it seem raping is normal practice nowadays...

KYY koontau expert....

shit... miss to offload at 0.63

no more ESOS issued after 2014..the large chunk of ESOS goes to director and top management...