Said end of September Announcement should b tis week

Flyyyyyyyyyyyyyyy

Dayang going to fly

Dayang Strong buy

Carimin fly on MCM Dayang next Buy

strong conviction on Hibiscus

Thr is a strong operator inside

Technical BUY on breakout with +20.4% potential return

Last price: RM0.99

Target price: RM1.14, RM1.24

Whn MCM n dividend announcement price hit 1.20

If Hibiscus right issue for Sabah EOR I applies for big excess

More important global oil demands n oil supplies now balance

Tis high oil prices wil last

RM5bn MCM contracts to be awarded. As opposed to earlier expectation of Modification, Construction & Maintenance (MCM) contract award by Petronas worth circa RM5bn to be awarded in 2Q17, we believe announcement of contract to be soon (in matter of weeks) as Petronas finalizes the contract split. Major beneficiaries of the contract award consist of Dayang (BUY; TP: RM 1.20), Deleum (Not Rated), Petra Energy (Not Rated) & Sapura Energy (Hold; TP: RM1.59). At this juncture, split of contract award among contractors are unknown but we believe Dayang and Sapura Energy are the contenders for the bigger portion of the contract value due to their superior operational track record.

Volume was high cos thr were lots of people who knew Habiscus is good but stil jz on standby cos Habiscus had try breakout a few times but not successful

Tis time breakout successful so lots panic buying

Don't miss it cos Sabah EOR game changer is done deal tat clear d most difficult clearance by Petronas

Absolutely no other O&G counters can beat Hibiscus upside potential

Take tp 1.06 potential gain 71% take tp 1.44 upside potential 132%

Now people playing O&G r playing

1. Oil price hit bottom already n on recovery due to OPEC n under investment

2. Oil demands increasing due to economic recovery starting w USA

3. Petronas start to award O&G projects again like MCM contracts to benefit Dayang n Perdana

4. Potential write back of impairments even

Also, there is talk in the market that there are potential maintenance contracts worth RM6bil that will be dished out by Petroliam Nasional Bhd (Petronas).



According to sources, the maintenance, construction, and modification (MCM) contracts by the national oil company have been long overdue. “There has been pre-award meeting by Petronas with five to six shortlisted candidates for MCM jobs throughout Malaysia including in Sabah and Sarawak,” a source says. These contracts are typically meant for Petronas rigs that extract oil and gas.


http://www.thestar.com.my/business/business-news/2017/09/23/oil-and-gas-shares-back-on-investors-radar/#UqEAYPscFQO3iFPy.99

Hibiscus is very good ma no debt

hibiscus 54.526 m 843.272 m 54.50 m -

http://klse.i3investor.com/servlets/forum/600132809.jsp

TA breakout precede Sabah EOR deal

Reach mineral extaction tax very high

Hibiscus is very good ma no debt

hibiscus 54.526 m 843.272 m 54.50 m -

Cos long weekend price drop a bit

Knn got Sabah EOR done deal ma scare wat

Monday sure fly again to Publc target 1.06

Dayang sure winner of MCM contract

Of course got problems lah otherwise u think their share price so low

Now people playing O&G r playing

1. Oil price hit bottom already n on recovery due to OPEC n under investment

2. Oil demands increasing due to economic recovery starting w USA

3. Petronas start to award O&G projects again like MCM contracts to benefit Dayang n Perdana

4. Potential write back of impairments even

Traders' Corner - Dayang Enterprise Holdings (DEHB MK)
Author: UOBKayHian | Publish date: Mon, 18 Sep 2017, 10:37 AM


Technical BUY on breakout with +20.4% potential return
Last price: RM0.99
Target price: RM1.14, RM1.24
Support: RM0.93
Stop-loss: RM0.925

BUY on breakout with a target price of RM1.24 and stop-loss at RM0.925. Share price is consolidating around the immediate support at RM0.93 and last Friday’s positive closing above the BBI sets a new tone for the short-term outlook. We expect DEHB to continue to move up if it penetrates the breakout level of RM1.03. The bullish bias has been established following an uptick in the DMI. We peg our targets at RM1.14 and RM1.24.

Expected Timeframe: 2 weeks to 2 months

Source: UOB Kay Hian Research - 18 Sept 2017

Knn sui ah

Petronas MCM bring O&G alive but Dayang is d one getting d biggest slice

PEnergy oso fly MCM announce any time

Target price 1.06

Public bank power!!

MCM n dividend

Announcement anytime

This two wil done in September month

Insiders wan MCM n dividend in specie

Hidden insiders buyers accumulating since last friday

MCM power

Insiders keep on accumulating

Dayang must hv win big slice

Those buy 0.99 insiders knew first

Yes always believe wat the newspaper reported

Petronas to award maintenance jobs soon

Last minutes gap up 0.99 MCM contact win?

Where got rumour jz good news

Good

HIBISCUS: Trading interest may pick up amid firmer recovery in crude oil prices

Hibiscus Petroleum Berhad (HIBISCUS) acquired Anasuria Cluster in UK during 2016 and managed to turnaround its business into profit in 1QFY16. Following that, HIBISCUS was also given a greenlight by Petronas to acquire 50% stake of the North Sabah Enhanced Oil Recovery (EOR) PSC and has the production rights until 2040.

With IEA revising the demand outlook higher by 1.7% to 1.6m barrel per day, we believe that the crude stockpiles may gradually reduce and the Brent crude oil prices may maintain its upward move for the near term above the US$50 level.

HIBISCUS has rebounded off the SMA200 level early this month and the MACD Indicator has turned positive, while the RSI is hovering above 50. Should there be a trendline breakout above the RM0.455 level, next resistance will be envisaged around RM0.475-0.505. Meanwhile, support will be pegged around RM0.41-0.42.

Dividend wil b soon to b complete by tis month

Dayang price likely wil stay the same as b4 dividend so wat u get for Perdana is ur profit

.60 = 180
.65 = 195
.70 = 210
.75 = 225
.80 = 240
.85 = 250
.90 = 270

Very likely 0.95 and 0.60 so 0.95 + 0.18 = 1.13 Dayang can b even better after dividend in species

Yes u know i know sabah eor

Dividend payment soon