yes...siao liao.....pls sell. How much you have. Pls sell till it crashes. I will be happy to pick up more at lower price.

yup....believed today will fall. I have not been in O&G maintenance industry but being in manufacturing for donkey years, normally a company will take the opportunity to do maintenance when there is less demand and production. No sane company will arrange maintenance when its product yield high demand and price. They will only carry out maintenance and upgrading after churning out high output and demand soften. This is also when they received money from their good sales and prepare for the next wave to come. I may left manufacturing for decade but i think the logic doesn't change. I guess dayang in will be busy to carry out all the maintenance and upgrading unless O&G company foresee oil price will fall lower for longer period and they delay the maintenance. But usually, nobody can really predict. Company will carry out the maintenance 1st and if demand don't come back, they will slash next few quarter maintenance budget. So, dayang should be alright this Q and next Q.

Master Q target 2.80 ohh......so fast run ah???

I have never met the management before but looking from the QR and AR for the past few years they managed to generate meaningful positive cash flow to pare down the debt and this also happened during bad times. So not sure why ppl are saying the management is poor. Maybe they did a poor decision in acquiring perdana at the wrong time but if things work out well, i think they should shine again.

Lol.....i need someone else to tell me that the purchase price of this counter in my portfolio. I could have quoted 4.50 but i didn't. In fact i actually just comment base on what I'm holding but i remember clearly that you keep on shouting dun duy and trap.....anyway, thanks for the constant danger reminder. What is important now is i hold harta in my portfolio and profit is abit 8-10%...... and tat is real....hehe

Not sure about carimin but dayang contract is real and currently on going. Revenue is real and currently billing. Earning is real and currently incoming. Current price.....i wun say undervalue but definitely not overvalued. So macam mana P&D leh???Now with the help of wind blowing (any), it should propel the ship. if north, just slowly sailing to the north.....no??

wah lau...invest until need to curse other ppl mum and use vulgar words ah???...invest till so stress for wat. Bus, u hold alot is it? Chill la.....if lose also, lets lot money ma....dun lose ur values.
Sometimes is also dun understand, even a sifu can f here, f there.......sigh.....

up from 4.80 to 5.22.......who ask you not to touch.....also Gooshen ma.......
Drop 1.5% u use the magnifying glass to analyse and announce thru hailer....up 10%, u pretend not seeing it and whisper only.....like that where got fair leh..........

Anyway, the upcoming barometer is topglove result which will announce on 18th Jun. If favorable result, then glove counter will be given a mild steroid jab loh......if no...then chance for u to buy more loh...

thumbs up and pls keep up the good work....truly appreciate it.
Even thou i don't hold much of this counter, but it is always a pleasure to read such factual, systematic, clean and easy to understand analysis. Thanks again

no hurry.....i believed coming quarter earning will be weak as well. In fact, maybe the whole year earning will be soft since PIC only start at the end of the year and earning will only show on Q1'20. So there will be opportunities for price to re-adjusted.

where got sour.....close green oh.......consider ok la...

opsss...spoke too soon....bo sui liao.......:)

no wonder Pchem said the next 2Q will be weak. Guess no show until year end. Better still if it plunge more during next QR result. below 7.50 will be a good starting point. Wishful thinking???hehhe

999...if want to make a wish....make la bigger wish.....
So wish uncle push to RM3 ma......then u 2.50 let go also ok wat......hehehe

if today close 1.10...then sui liao....if closed 1.11....lagi sui,,,,,,

suddenly so strong buying.....superinvestor buying?

Thanks for the sharing. Can't wait for the 3rd sequel and the wait is similar to waiting to watch the game of throne recently.....lol....

and bro teoact.....pls dun be so mean and drag the dayang trilogy into 6 episode like the GOT...lol

supermx2...i support u become sifu.....but without charging la. Consider doing some charity and as long u dun bring ppl to holland, then okla. If charge and somemore bring to holland, then vely bely no good'y. Well, at least as a consolation, this counter is ahead of dayang today. So u indirectly beat superinvestor.....hehe

Kayme, thanks for sharing. Can you share the link as well. Thanks in advance.
Looking at the above, the coming Q will not be rosy for Pchem.....Also, i was wondering that many countries are banning single-use plastic. Will this impact Pchem further?......

wahh...dayang overtake hibiscus ah?.....lol.....

big picture not RM3 meh???

The current price is only 35% of superinvestor TP. Look at the big picture, there is another 65% of the pie haven't serve.....hehe...In life....must be ambitious ma.....must wallop the 65% pie as well. Just make sure you are not part of the ingredient in the pie la.....lol....

emmm.....dayang sell oil meh?......
Last i heard is hibiscus NS will be doing more maintenance in the next 2Q. Hibiscus has been appointed dayang to carry out the maintenance. Then Petronas also announce below. Meaning more perdana vessel in demand and also dayang maintenance???/...hmmmm

“Activity levels for brownfield works and decommissioning have increased post-monsoon season, and this coincides with the higher rig and offshore support vessels demand under the Petronas Activity Outlook,”

missed the boat?....still can jump into the river and swim to the boat ma......if the boat sail to RM2.......then consider miss la....now only depart 4m from the dock. Still can jump and high chance to land inside the boat....hehe

radzi Got project more than RM 3 billion. How to die ?

Dayang will prosperously loh.....will die in style

Pchem produce polyphenylene sulfide??? I don't think so but mayb part of the raw material for polyphenylene sulfide ......

yaloh.....if not do RI....no meaning loh. So die die must push up 1.20 and higher ma. If not, why do RI leh. To get money but if mother share so low, do RI only get peanuts

why so happy over the few cent up........it still long way from RM 3 leh.....hehe....
i waititng to break Rm1....then rm2.....lol

me too.....i too welcome the opportunity.....so pls break 8 and can start buying some.....

The sell volume is 10K/20K unit but the buyer volume is on 1K to 4K unit of share. LIke that ada chance to break RM8 ohhh....

I will take out FD and start buying slowly if it touched 7.90.

Next Q will con't to be weak? Explosion incident, weak demand, poor pricing and decrease in margin. See if it can break 7.90 or not.

if demand is weak, with PIC come online, it will only flood the market. It will supress the price. Could it end up like steel counter because china is dumping, us is dumping because of trade war??

no wonder epf keep on selling like nobody business.......

wow...different in 5% utilisation will make a difference of almost 20% on the revenue? ......can't imagine is utilisation rate is on 80%.

I bought in some at 0.89.......strong support at 0.87.....try break twice also fail

today will reach 0.86......if break 0.86.....no eye c....

superinvestor no scratching head. If i sell now, i go against my own advise and bcome stupid. But if i dun sell now, my paper-thin profit will just vaporise. To sell or not to sell......

wait....i better issue another article to boost up the price and then i start selling.......smart right.....

wah lau.....investorking posting on every thread ha? U must be really really desperate to get the price up. You bought alot at 0.26c is it? I thought u the 1 went to shake hand with Dato. Asked him to push up the price for u to dispose la.

Vortex...why make that comment? You attend me.ooi class & he recommend Dayang???

I now waiting for uncle to officially announce he sold all. Once he say he sold all, i start buy in more....

Anyone attended the AGM and can share any news? Sorry if I sound pessimistic but just sharing my thought and hope someone can share a different view or some new information.

micsoh, I'm not saying that dun buy a hse. I mean armada might have miscalculated. Instead of buying 1 million hse, it probably should have went for rm400K hse. Also, for armada case, it like it went thru retrenchment and the 5k salry become 3k. Hence force to refinance. Now only secure back a 5k salary job. Oil is a cyclic industry. I won't bet for an up cycle of 10 yrs. Unless armada can restructure the debt.....all it earning will be use to pay interest only. The bank benefit.

True, oil is recovering and therefore, it only given some breathing space to armada. Imagine if oil uturn, what will happen. Referring back to your analogy on the job, i would like to add a little more.
It is like you get a job in KL with the pay of RM5K but in order to work here, you commit youself by buying 1Million hse. If u dun eat & spent and use all your Rm5K, it will take you 16 yrs to pay off. Of course it is impossible that you dun spent. So you are paying an instalment of 3.5K a month. You only left 1.5K. After deducting all, mayb you left 100-200 ringgit. Of course this example is flawed because after 16 yrs, the house belongs to you. But will you wait for 16 yrs for armada? and will you own the company then??.....also, it haven include the interest that you going to pay.
Of course, Armada will have the opportunity to get more contract but then it will require more Capex. Unless it can pump up revenue and more profit per quarter to generate meaning cash flow to pare down debt.....don't think it is undervalued. It is just merely just trying to stay afloat and the duration will be around 15 years

I wonder why is this stk is undervalued? On hand contract is about 20B + 10B(extension). Yearly revenue is 2.5B and cash flow from operation is about 1.1B. Taking all at face value, assuming the contract is 25B and it will keep armada occupied for 10 years but the problem is the borrowing is 15B.Selling some asset estimated 1.1B will pare the borrowing to 14B and with the cash flow of 1.1B. Assuming all the cash from the operation is used to pare down the borrowing, it will take Armada 13 years to pay off and this is excluding the interest. Of course, the 13 yrs is impossible to achieve as you need definitely have expenditure, staff, maintenance, & etc. So for the next 20 yrs, armada profit will be just to pay borrowing?

Put on ur seatbelt. Super investor will jump into the driver seat n pilot this rocket.

I will buy some if tomorrow drop further. Hv bought some earlier

Uncle will sell dayang n go hibiscus? QtoQ better oh!!....

unless someone purposely want to corner superinvestor loh......lol....
just like Jaks case.........uncle nowsday many enemies??

The total share is just below 1 billion. if RI is 60c....it can only get around 60M. So little....what the purpose of doing RI then. After pay all the administration fee....left bone only. Might as well no need do. Cancel RI.