zhangzuode

zhangzuode | Joined since 2020-01-30

Investing Experience Intermediate
Risk Profile Moderate

Followers

1

Following

0

Blog Posts

16

Threads

248

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
248
Past 30 days
4
Past 7 days
2
Today
0

User Comments
Stock
Stock

3 days ago | Report Abuse

Good morning.

Perdana announced an excellent Q1'24 result. And one of the attributing factor is "the El Nino has lessened the monsoonal effect in the current quarter" as per Q1 report. This implied that Dayang should be doing more work for Q1'24 too.

This should be a "blow-out" Q1 and for whole year too.

Stock

2 weeks ago | Report Abuse

Do note that in all the discussion on net-zero, third world should remains poor or better still, cease to exist ....

Stock

2 weeks ago | Report Abuse

twynstar - thank you for sharing.

It appear as a no brainer that oil is an important commodity for the betterment of society (with its corresponding bad-side, especially plastic). Nonetheless, oil price has been disconnected from fundamental by so many with other agenda that perhaps in Malaysia, has a lack of gusto in return compared with the multitude of others. Yes, yes, it is long-term, but since 2017, it has been more bad than good.

A check with Hibiscus return (5-yrs is -4.4% while 1 year is up 9.21%).

The climate change narrative has to a large extend pulled the bottom out of investing in (oil/gas) production sector. Perhaps still need to learn more to improve return in investment like (o&g) service providers.

Stock

1 month ago | Report Abuse

ICON being bought over by Executive Chairman of YINSON. And then there is the IPO of Keyfield International, an OSV operator.

There appears to be much interest in OSV operators all of a sudden. Indeed OSVs is in tight supply and DCR (daily charter rates) is increasing since 2022. Perdana, having the cleanest balance sheet, should benefit and perhaps will be buying new vessels, especially AHTS.

Stock

2 months ago | Report Abuse

Wow, 38M shares traded, hot hot ....

Stock

2 months ago | Report Abuse

Yes, Dayang had secured 13 contracts, 4 announced in Jan 2024 while the remaining last year. Now is March. These good news would have already baked into the current price. And not forgetting on 11 Mar (Monday), ex-dividend.

To climb higher, it will need more than just "imagination". So, any new contracts? Dayang tendered as claimed in the last quarterly report. So be patience.

Stock

2 months ago | Report Abuse

What contract did Dayang secured?

Stock

2024-02-24 09:11 | Report Abuse

Combilia Hubella - item 1 referred - Dayang on 4th Jan 2024 made the announcement as : https://www.malaysiastock.biz/Company-Announcement.aspx?id=1531499

News & Blogs

2024-02-22 08:27 | Report Abuse

With Perdana Q4 23 result, the charts for Perdana has been updated.

Stock

2024-02-21 18:56 | Report Abuse

Perdana, a 65% subsidiary of Dayang just declared an excellent results. https://www.malaysiastock.biz/Company-Announcement.aspx?id=1540368
This should reflect on Dayang's marine segment too. Coupled with new rates for the topside maintenance, Dayang final quarter and full year result should be good ....

Stock

2024-02-16 18:23 | Report Abuse

Will not be surprise that whole year (net) profit comes in near 190M and 2024 net will exceed 2019's 222M.

Stock

2024-02-16 18:20 | Report Abuse

All these vessels contracted are not there for show. There are there to perform maintenance, refurbishment, hook-up and or commissioning of producing facilities offshore.

This will means that Dayang TMS (Topside maintenance and services) should have been busy for Q4 2023 and 1st half 2024.

Stock

2023-10-15 14:45 | Report Abuse

The FPSO Anasuria life would be extended by:
1) Teal West that should be coming on-stream end CY2024 /early CY2025
2) Fyne Field coming on-stream end CY2025 early CY2026 (my guess)

And Marigold recently announced Unitisation and Unit Operating Agreement (UUOA) between AHUK, Ithaca and Caldera should accelerate the field development.

Stock

2023-10-15 14:37 | Report Abuse

Perhaps one of the deal announced that has fallen under the radar is the one on the proposed acquisition of Fyne field that contain 75 MMboe STOOIP on 1/9 & 13/10.

The field is only 16km from Anasuria. At 42.5% stake, Hibiscus share will be 31.88 MMboe.

Stock

2023-08-25 11:08 | Report Abuse

Fellow investors, after reviewing further the Q2 23 results, there were 2 records - highest revenue & highest net profit for Q2.

Profit margin has rebounded to nominal.

Q2 revenue is RM 305.7M - this is closer to previous Q3 revenue (357.5M in 2019 & 338.3M in 2022). This implied that coming Q3 2023 revenue would potentially be a record - exceeding 357.5M. This as alluded to in the Q2 report - sustainable ...
Thus given return to nominal profit margin, net profit could be nearer to RM 100M.

Also, utilization of vessels is 72% (Q2 23) - from past records, Q3 utilization would be nearer 85%.

All signs pointing to a promising Q3 results, potentially being record too.

Stock

2023-06-15 17:53 | Report Abuse

Got clarification that lease liabilities mainly consists of the leases of the 2 FSO (Floating Storage Offloading) Vessels used for the PM3 CAA PSC (previously under Repsol).

Stock

2023-06-15 11:10 | Report Abuse

Share buy-back: Recently, The Edge reported that EPF voted against such proposal.

Unless the companies have good use of excess cash, it is preferred that such cash be returned to shareholders as dividend, this I concurred. But should there be excessive overhang of shares issued, yes, shares buy back will be a plus only those shares that is bought are cancelled. Without cancelling, then it is just manipulation, OK better term, speculation.

Stock

2023-06-15 11:05 | Report Abuse

Huge debt - two components, 1 is lease liabilities and 2 is borrowing of 194.1M (term loan & revolving credit).

The lease liabilities should be mainly abandonment cost and well covered.

From cash flow, the cash reserve is 600+M, about 3x term loans+revolving credit.

Why is it am issue, James_Bond?

Stock

2023-05-02 10:13 | Report Abuse

The energy transition delusion: inescapable mineral realities
https://www.youtube.com/watch?v=sgOEGKDVvsg&t=34s

Stock

2023-02-26 11:09 | Report Abuse

“There’s no emergency” – dissident climatologist Dr Judith Curry on climate change
https://www.youtube.com/watch?v=YBdmppcfixM&t=4s

Stock

2023-02-21 15:17 | Report Abuse

Johnchew5 - Haha is Russian’s invasion is going to be ended by ard Nov 2023 as predicted? Appreciate who made the prediction, thank you.

Stock

2023-02-13 12:46 | Report Abuse

https://www.youtube.com/watch?v=sgOEGKDVvsg&t=142s
The energy transition delusion: inescapable mineral realities

News & Blogs

2023-02-04 10:38 | Report Abuse

Geological Survey of Finland, GTK, wrote a paper on bottlenecks in Raw Materials Supply Chain for the new renewable economy: https://www.gtk.fi/en/research/time-to-wake-up/

News & Blogs

2023-01-31 09:02 | Report Abuse

Further evidence that climate change / warming is a hoax : http://www.williamengdahl.com/gr22October2022.php

Stock

2023-01-31 09:01 | Report Abuse

Further evidence that climate change / warming is a hoax : http://www.williamengdahl.com/gr22October2022.php

Stock

2023-01-21 16:20 | Report Abuse

To all investors of Chinese origin, have a delightful reunion dinner with lots of laughter and happy moments. And a Healthy, prosperous Rabbit year ahead.
To the others, happy holiday.

Stock

2023-01-03 09:10 | Report Abuse

twynstar - happy new year to you and family.

There will be other sources of oil outside usa. BUT, they will not be able to be delivered in the short time like shale (tight) oil. This means that inventories will not be building or possible reduce further in the coming quarters.

News & Blogs

2022-12-09 16:04 | Report Abuse

Dayang 3Q22 revenue, 338M is 2.5X that of Petra's 133M.
Also, Dayang's issued shares is 2B while Petra's is only 321M.

So by just giving EPS 4.57 of Dayang vs 7.57 of Petra is insufficient to make an investment decision.

Stock

2022-12-01 13:07 | Report Abuse

twynstar - recently? Appreciate link, thank you very much.

Stock

2022-11-11 14:10 | Report Abuse

mrcrab - source please, thanks,

Stock

2022-11-04 15:08 | Report Abuse

Now that mid-term election is near (nov 8), any movement on price of oil will not have any effect on the results, if any it will be negligible.

Stock

2022-10-19 08:58 |

Post removed.Why?

News & Blogs
News & Blogs

2022-10-17 09:16 |

Post removed.Why?