Posted by mamatede > 2019-05-23 15:32 | Report Abuse

There's no points in being leader or being last. Petronas main objective is to ensure wider audience and ensure more company can continue living. duh

Posted by qqq3 > 2019-05-23 15:40 | Report Abuse

aiyoh.............just in time to see Dayang collapse and prove the writer wrong.

Posted by qqq3 > 2019-05-23 15:41 | Report Abuse

this is Taib Mahmud company......I don't think they get any favors from PH.

Posted by teoct > 2019-05-24 11:06 | Report Abuse

qqq3 - all fair in love and war as they said. But I need to correct your perception on your second comment; except for the MCM awarded by Carigali in 2017, the remaining 5 MCM contracts (Murphy, Repsol, Nippon, KPOK & Hibiscus) were awarded post GE on 9 May. I also understand through the grapevine, there will be another contract award announcement soon.

And there is still about RM 4B tender book (HUC contracts + others), assuming a strike rate of 10%, potential to add RM 400M to the announced RM 3B (conservative) in hand before the year is over.

It will be interesting who is/are the (10%) private placement candidate(s).

Nonetheless, many thanks for commenting and I hope this meaningful (to me at least) exchange helps both of us / all of us to be better investors.

Have a good weekend - thank god it is friday - don't drink too much later.