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Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Gokula Krishnan
64 posts
Posted by Gokula Krishnan > 2016-08-02 08:38 | Report Abuse
Perisai and Alam are in the FPSO domain, one of the most affected. To me, to survive, they should delist or merge. Lets not forget, the monster Icon offshore. If these 3 merge, you will have by far the largest FPSO and rig provider in this part of the world (not sure who else is bigger) but there is just no business. Who's going into exploration now at USD45 per barrel of oil?