R u as u good as u think u r or jz a smartass or even a real accountant yet answer tis question..


WAT IS THE INTANGIBLE IN HIBISCUS'S ACCOUNT?

Indeed approaching wit race based policies is a problem

By now Bumi graduates are aware of how they got into uni by backdoors n theirs own general low standards and so are not demanding jz cari makan

Oso good jobs among d Bumi r going to those wit connections only

Sounds like all r victims

But u remain a smart ass n it is not meant to b compliment

U know ur problems?

U too smart ass b4 ur time

Not even experienced anything yet u talk abt pains

Intern is the time u get ur hands dirty n u learned the most

U.. u too smart ass.. u think u know everything d

I tell u ur first mistake u didn't take ICAEW or maybe u not eligible

Quater dead is better thn half dead?

ICAEW pays can beat all ur original choices

ICAEW u can go anywhere

Jz graduate thn option is limited

Pathetic fallacy

Hard to do ler tis biz 

Bad weather months cannot do much 

Good months only so much tat one can possibly do 

If fleet is expanded to cover good months thn they will b idle in bad months 

How to do tis biz?

*NAIM

U r ACCA or ICAEW or jz graduate?

Bad thing from Perdana is going to work its way up to Dayang all d way to Maim

Hard to do ler tis biz

Bad weather months cannot do much

Good months only so much tat one can possibly do

If fleet is expanded to cover good months thn they will b idle in bad months

How to do tis biz?

Pathetic fallacy

Selling faster thn u can say wah big funds coming in

MAN n Numeric cannot b institutional investors no way can get mandate to invest in an insolvent grp like Dayang

Pathetic fallacy

Price moved up thus far was based jz on 1 QR

Dayang's price has ran ahead of its fundamentals..

Price moved up thus far was based jz on 1 QR

Dayang's price has ran ahead of its fundamentals..

Dayang's fund has all bin channelled to Perdana which is now owing Dayang a crazy 600m together wit another defaulted hundreds of million bank borrowings whc remain under resolved under CDRC

How come no mention of the current status of the bank borrowings under CDRC in tis announcement?

Dayang's fund has all bin channelled to Perdana which is now owing Dayang a crazy 600m together wit another defaulted hundreds of million bank borrowings whc remain under resolved under CDRC

How come no mention of the current status of the bank borrowings under CDRC in tis announcement?

At the moment one MCM contract is supporting the prices of Perdana to Dayang n all the way upto Naim

Petronas targets to decommission 50 local oil well in 2019 alone

Perdana jobs market is sinking wat is prospect?

Whn Perdana not performing bad thing wil find its way up to Dayang n all the way Naim

At the moment one MCM contract is supporting the prices of Perdana to Dayang n all the way upto Naim

Petronas targets to decommission 50 local oil well in 2019 alone

Perdana jobs market is sinking wat is prospect?

Whn Perdana not performing bad thing wil find its way up to Dayang n all the way Naim

Pathetic fallacy

This exercise is to pare down borrowings or to take on more borrowings??

Very confusing..

Pathetic fallacy

Pathetic fallacy

If Perdana cannot recover n make profit d impairment from Perdana alone is enough to hit all d way to Naim level

Tis exercise is jz to convert Dayang loan to RCPS n to raise fund fr minorities to pay Dayang 140m

Nothing has changed

As long as restructuring of bank borrowings not settled impairment risk is there

Dayang try to venture overseas is necessity

In 2019 aline Petronas is targeting to decommission 50 local oil wells

Finally come the RI but wit PP and Sukuk some more

The loan given to Perdana has gone to crazy level of 600m

Dayang is no longer recognisable after all ths

Last QR very good to induce u to participate in all ths fund raising?

Due to Dayang has gone up to crazy level of 600m

Hv any existing bank borrowings bin settled??

If not together wit due to Dayang of 600m total borrowings is at an even crazier level !!

Take note 140m fr u d minorities for RCPS wil b used to settled due to Dayang

Viability of Perdana stil subject to restructuring of its bank borrowings how come of no mention of this?

Pathetic fallacy

War may break out in Middle East

Knn once a bomb or two went off everybody wil rush out from Middle East see u how

Limit down even price low d

Can show a pic of tat 1st BOTF here?

These Markets Are the Biggest Winners and Losers From Oil’s Rally
Traders to store, blend low-sulfur fuel on ships off Singapore
Cleaner fuel to turn costly as new emissions rules take effect
The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that Goldman Sachs Group Inc. predicts will upend energy markets.

The Strait of Malacca off Singapore and Malaysia is not only a waterway linking supply from the Middle East, Africa and the U.S. to Asia, but has also been used in the past decade to store millions of barrels of oil for future sales. Now, with new ship-emission regulations taking effect in 2020, traders are using the channel to hoard fuels for which demand will boom.

Some of the top trading houses are beginning to gather a fleet of tankers to receive, store and resell products such as low-sulfur fuel oil, diesel and light-cycle oil in what would effectively be a mini supply and distribution hub out at sea. That’s ahead of Jan. 1, when International Maritime Organization rules will require ships worldwide to stop burning dirty fuel and use relatively cleaner supply.


“In the coming months, we could see a flexible, low-cost floating tank farm in the Strait of Malacca,” said Anoop Singh, an analyst at shipbroker Braemar ACM. “We expect to see a whole fleet of tankers off Singapore and Malaysia taking part in a low-sulfur oil blending play that will also be found off other major ports such as Fujairah and Rotterdam.”

At least five vessels are currently anchored near Singapore with low-sulfur fuel oil and other blending components as of April 19, according to data intelligence firm Kpler SAS. They consist of long-range tankers, very large crude carriers and floating storage and offloading vessels that can each hold about 700,000 to 2 million barrels. Charterers include Japan’s Mitsui & Co. and Germany’s Uniper SE, shipbrokers and traders said.

Trader Rush
More will probably join them as other traders get in on the action. Five supertankers have been hired by Vitol Group, Gunvor Group Ltd., Litasco SA and Trafigura Group for storage off Singapore, according to Asian shipbrokers, who asked not to be identified as the information is confidential. The companies booked the vessels for time-charters of up to three months beginning this quarter.

Press officers for Vitol, Gunvor, Litasco and Trafigura declined to comment. Mitsui couldn’t immediately comment. A spokeswoman at Uniper confirmed that the company is using floating oil storage as part of its operations in the region.

It’s unlikely the tankers will be taking part in a so-called contango play -- a strategy that’s commonplace when weak market conditions and cheap crude cargoes prompt traders to store shipments for future sales at higher prices. That’s because futures for Brent, West Texas Intermediate and Dubai oil are now in backwardation, when near-term contracts are costlier than those for later. Brent’s six-month timespread was at $2.95 a barrel in backwardation at 11:39 a.m. in London.

Instead, it’s more likely that VLCCs Good News, New Tinos, DF Commodore, Ridgebury Progress and Cosbright Lake will be used to hold low-sulfur oil blendstocks, according to shipbrokers and traders. They are currently moored or anchored off Singapore and the west coast of Malaysia, according to Bloomberg ship-tracking data.

Change is Ahead
Use of low-sulfur ship fuel to dominate when stricter emissions rules take effect

SOURCE: Braemar ACM

NOTE: High-sulfur fuel oil consumption comprises IMO-compliant and non-compliant use


“Oil traders are hoarding low-sulfur oil components in the hope that prices of compliant fuels will blow out in six to nine months’ time when new IMO rules kick in,” said Nevyn Nah, the head of east of Suez products at industry consultant Energy Aspects Ltd.

Come Jan. 1, the global shipping fleet will need to stop being powered by fuel with 3 percent or higher sulfur content -- the current industry norm -- in favor of cleaner fuel. While they can also install pollution-reducing kits, a long waiting list for the specialized equipment known as scrubbers means tanker operators are set to use a lot more oil that has sulfur content of 0.5 percent or lower.

The new regulations will prove a big challenge for both the shipping and refining industries, and roil returns from turning crude into petroleum, Goldman Sachs said in an April 25 note detailing themes that will dominate commodity markets in coming months. The rules will provide support to distillates such as diesel, which will “abruptly” become the tanker fuel of choice, according to the bank.

To meet demand, some vessels that were previously used by traders for supplying ships or power plants will now probably be used to store low-sulfur blending components. Mitsui, for example, is expected to use Energy Star for 0.5 percent sulfur fuel that’s

IDSS short beware!

LAST WARNING

BI n MAN r holding on behalf of their client

The client is likely an individual cos no institutional funds can buy a technically insolvent co like Dayang

Knn stupid IDSS shd short all d way to 1.00

Stupid IDSS ur range too small sell is not buy is not

Pathetic fallacy

Pathetic fallacy


Even those wit cost around 0.40 oso gonna give up


IDSS short gonna kill all the long

Knn IDSS u all play all la

Knn

Pathetic fallacy

Big impairment coming!

Will selling some FPSO OSV below book value to repay parts of the loans

Pathetic fallacy

Knn abt time to spill d blood of IDSS

Throw back bones wit bits of meat to lure long back

Knn 1.15

IDSS now scare they have killed off all d long

Scare no more long to push up for them to IDSS anymore

Pathetic fallacy

Suing a day after PH lost Rantau

Suing last week is not d same as suing tis week

Timing choosen purposely

Clearly a warning to PH

KWAP a pressure grp now

KWAP 193,000 Members as at Mar 2019 a powerful pressure grp

Up to u assess if PH wil sit up n listen to KWAP now

Govt not even stated how much is its offer to compensate yet Prestariang sue first a bit funny

Lost Rantau stil dare to anger KWAP members so no more for short term players only for ppl who can wait for compensation to b paid in the future