Petroliam Nasional Bhd’s Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor is commencing operations in 2019.
Recall
According to the sources, Brahim’s will cater three meals a day for about 10,000 pax at RM15 per head. That works out to revenue of RM54.7 million per annum. Assuming an after tax margin of 15%, this would translate into an estimated RM8.21 million in additional PAT for BACH each year.
“The contract Brahim’s is chasing is to supply three basic meals a day for approximately 10,000 workers in Rapid. The meals will be simple food like roti canai, which has a very low cost. Rapid is quite remote, so securing this catering contract is quite lucrative. There may also be opportunities to secure additional catering contracts in the future,” says one source.
Somehow I find the fact that Calvin tan can suddenly smell profit in our&g stocks, suddenly sell 2 houses ( that fast? At a loss?) And have the guts to all in on o&g stock in less than a month to be very very suspicious.
Anyway, I'm at taking calvinT with a grain of salt, what is one more grain?
I have been shouting "undervalued" for AZRB for months. It's last few quarters' reported EPS was very much impacted by forex loss in its Indonesian palm oil plantation segment. However, this issue will not happen since Oct'18 as Indonesian Rupiah has strengthened.
I am certain that AZRB is going to register much higher EPS for Oct-Dec'18. It will be much higher QoQ and YoY. Mark my words.
Posted by value88 > Feb 13, 2019 08:42 PM | Report Abuse
I have been shouting "undervalued" for AZRB for months. It's last few quarters' reported EPS was very much impacted by forex loss in its Indonesian palm oil plantation segment. However, this issue will not happen since Oct'18 as Indonesian Rupiah has strengthened.
I am certain that AZRB is going to register much higher EPS for Oct-Dec'18. It will be much higher QoQ and YoY. Mark my words.
CALVIN THINKS THIS IS THE MOST INTELLIGENT COMMENT
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....
cheoky
2,823 posts
Posted by cheoky > 2019-02-13 12:03 | Report Abuse
Shhhh...