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http://www.theedgemarkets.com/article/scomi-group-confident-securing-monorail-deal-china-soon

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nikicheong, thanks!
I am looking at the same angles as you looking far enough
After looking at the balance sheet, i am comfortable to set aside some fund here to diversify my portfolios into O&G..
i am ready for next enter once breaches my reasonably margin gap-down.
All the best!

http://www.theedgemarkets.com/article/icon-offshore-stays-red-2q-rm66m-net-loss

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Result out..

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Hope it will find a new bottom soon.
I am still waiting for my next entry!

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due to impairment/forex losses in perdana
utilization rate better at 62% at 2qtr
order book of 2.3b till 2019
awaiting tenders of 4b
all the best!

.
http://www.theedgemarkets.com/article/immediate-support-mbsb-rm126-says-alliancedbs-research

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https://klse.i3investor.com/servlets/stk/fin/5259.jsp

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Result out
Contract received

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Let the market forces to decide both price SG/SESB...
Bounced to have some dilution effects either ways!

"For every five shares held by SESB shareholders, they will receive three new Scomi Group shares.

Additionally, one Scomi Group warrant will be issued for every nine new Scomi Group shares issued to SESB shareholders for a total consideration of RM107.84mil, implying an offer price of 13.4 sen per SESB share..."

.
http://www.thestar.com.my/business/business-news/2017/08/22/scomi-group-shareholders-to-benefit-from-merger/

.
http://www.theedgemarkets.com/article/mbsb-2q-net-profit-45-higher-income-investment-activities

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"Scomi Group will offer shareholders of Scomi Engineering and Scomi Energy a premium that is more than 20% over the last traded prices of these two companies.

The consolidation exercise will see shareholders of Scomi Engineering and Scomi Energy receiving a small number of warrants, but the bulk will be for shareholders of Scomi Group, where the free warrants will be a sweetener that can add to potential future returns should the consolidation exercise pay of"

Read more at http://www.thestar.com.my/business/business-news/2017/08/19/scomi-to-build-shareholder-value/#pDZSDjzZPEhFawwT.99

.
OTHERS MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE "COMPANY") THE PROPOSED MERGER OF MALAYSIA BUILDING SOCIETY BERHAD ("MBSB") AND ASIAN FINANCE BANK BERHAD ("AFB") ("PROPOSED MERGER")

MALAYSIA BUILDING SOCIETY BERHAD

Type Announcement
Subject OTHERS
Description MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE "COMPANY")

THE PROPOSED MERGER OF MALAYSIA BUILDING SOCIETY BERHAD ("MBSB") AND ASIAN FINANCE BANK BERHAD ("AFB") ("PROPOSED MERGER")
Reference is made to the Company’s announcements dated 21 December 2016 and 19 June 2017 in relation to the Proposed Merger.

The Board of Directors of MBSB wishes to announce that the Company has on 18 August 2017 received notification from Bank Negara Malaysia (“BNM”) vide its letter dated 18 August 2017, that the Minister of Finance has granted approval for the proposed acquisition by MBSB of 100% interest in the shares of AFB pursuant to the Islamic Financial Services Act 2013.

Further details will be announced upon the finalisation and execution of the definitive agreement.

This Announcement is dated 18 August 2017.

.
http://www.thestar.com.my/business/business-news/2017/08/18/scomi-to-regroup/

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yes, just have another small pick today..
thanks...

.
http://www.thestar.com.my/business/business-news/2017/08/05/june-global-semiconductor-sales-surge-to-rm140b/

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Great! Thanks for sharing, luckyman...

.
Is that a good news?

1147 (GOB °)
OTHERS
04-08-2017 17:18:12

OTHERS
OTHERS
GLOBAL ORIENTAL BERHAD ("GOB")PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST
IN PRIMA PENGKALAN SDN BHD, CHAMPION VISTA SDN BHD, VISTA VERSATILE SDN BHD,
FIRST INTEGRATED SDN BHD, ULTIMATE DESTINY SDN BHD AND DEKAD SINARAN SDN BHD
FOR A TOTAL CASH CONSIDERATION OF RM11,000,002.00
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.co

Ref Code: N201708043000102

.
https://www.cnbc.com/2017/07/27/oil-climbs-for-sixth-day-near-8-week-highs-on-us-crude-stock-declines.html

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Brent USD51.62

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"Crude Oil Moved Above $49 since May...."

https://www.bloomberg.com/news/articles/2017-07-26/crude-oil-holds-advance-above-48-as-u-s-supplies-decrease

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"Crude Oil Moved Above $49 since May...."

https://www.bloomberg.com/news/articles/2017-07-26/crude-oil-holds-advance-above-48-as-u-s-supplies-decrease

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Wow! all time low...
Bought some to keep..

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some updated bullish oil price news....

http://www.marketwatch.com/story/oil-rally-continues-as-optimism-builds-ahead-us-supply-data-2017-07-26

https://www.bloomberg.com/news/articles/2017-07-26/kuwait-joins-saudis-and-u-a-e-in-promising-more-opec-oil-cuts

http://www.marketwatch.com/story/how-venezuela-could-spark-the-oil-rally-opec-has-failed-to-achieve-2017-07-26

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I am just one of the small players to follow closely with PNB/KWSP.
How the company runs, I leave that to them..so that i can sleep well.
Will participate in RI
They are going long term, so do I.
Not for short term gain.
Good luck!

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https://www.investing.com/news/commodities-news/crude-futures-surge-3.3-after-saudis-pledge-to-lower-exports-509801

.

Bullish U.S. Oil inventory draws
Lets see what UMWOG got to say today!!

http://business.financialpost.com/commodities/energy/update-6-oil-jumps-nearly-1-5-pct-big-u-s-inventory-draws-surprise/wcm/cf9a702b-dfaa-4c89-afe5-5ef3d248592c

http://www.marketwatch.com/story/oil-prices-ease-ahead-of-data-that-may-show-rising-us-inventories-2017-07-19

.
5243 (UMWOG °)
Notice of Person Ceasing (Section 139 of CA 2016)
11-07-2017 18:40:42

Name: UMW HOLDINGS BERHAD
NRIC/Passport No./Company No.:
Nationality/Country of Incorporation:

Address:


Descriptions(Class and Nominal Value):


Name and Address of Registered Holder:


Date of Notice: 11-07-2017

Transactions:
No Date Transaction Type No of Shares Price(RM)

Circumstances by reason of which change has occurred:


Nature of Interest:
Nil

No of Shares Held After Changes:
shares (%)
shares (%)

Remarks:
Nil

Submitted By:

Ref Code: N201707113900290
12/07/2017 07:34

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and also fully backed by EPF...
years to come, may goes with AmBank/RHB?

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no worry, cheapest bank counter.
report decent profit last qtr.
possible merger in future as BNM encourage more merger.
will collect bit by bit downward

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many speculating on possible price dilutive effect with RI & UMWH distributing UMWOG shares
many suggested to wait till whole exercises completed..
make no different if price goes up/down - since very speculative in these exercise/volatility of oil market.
whole exercises are to reduce UMWOG high gearing while freeing UMWH.
may need some time to recovery looking at UMWOG financial condition/oil price instability.
aiming for short term profit taking gain may no be advisable.

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http://www.thestar.com.my/business/business-news/2017/06/29/cimb-research-retains-reduce-for-umw-oil-and-gas/

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won't mati if you buy some..
have some budget to average down or up
may be mati habisx2/hidup mewah if you buy all one shot
practise investment skills with patience/no-greedy!

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Great, luckyman for the infor...
I was in a bit to diversify my portfolio into construction..
looks like it is a good move at this price!

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just in a bit to diversify some of my portfolio in health.
potential for longer term...

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http://www.thestar.com.my/business/business-news/2017/06/26/hedge-funds-abandon-all-hope-in-opec-kemp/

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http://www.thestar.com.my/business/business-news/2017/06/17/knm-reinvents-itself/

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where the link?

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http://www.bursamalaysia.com/market/listed-companies/company-announcements/5458197

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http://klse.i3investor.com/blogs/hleresearch/124653.jsp

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read through the news carefully
many oil counters out there..
by now, we should know who are the few best.
invest on fundamental
good luck!

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many favor comments over news.
decent mgt team comparatively
GE14 booster
only Sarawak based O&G co

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http://www.thestar.com.my/business/business-news/2017/06/03/alam-maritim-hit-by-debt-woes/

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yes, just a bit cautious in trading this week over oil related counters...

Closing 2/6/17
Crude Oil WTI Futures - Jul 17 (CLN7)
USD47.78/-0.58/-1.20%

(1) Oil falls to 3-week low, logs largest weekly decline in a month
http://www.marketwatch.com/story/oil-prices-stay-weak-as-investors-return-to-worries-over-rising-production-2017-06-02

(2) Oil drops on fears of more US drilling after climate deal withdrawal
http://www.cnbc.com/2017/06/01/oil-prices-slide-nearly-1-percent-on-persistent-glut-concerns.html

(3) Oil Prices Fall As U.S. Rig Count Rises For 20th Straight Week
http://oilprice.com/Energy/Energy-General/Oil-Prices-Fall-As-US-Rig-Count-Rises-For-20th-Straight-Week.html

all added to fears of a persistent supply glut in oil ......

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IJM’s non-core assets. May divest!

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all waiting for result.....

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http://www.theedgemarkets.com/article/icon-offshore-optimistic-mediumterm-outlook

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http://www.marketwatch.com/story/optimism-ahead-of-opec-meeting-drives-further-gains-for-oil-2017-05-19

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http://www.marketwatch.com/story/optimism-ahead-of-opec-meeting-drives-further-gains-for-oil-2017-05-19