i cut stocks a. showing losses close to 9% loss n b. slow moving stocks
i had a v small contract in Coastal as i was a johnny late comer after missing it at right-timing at 223. calling it the BIG time GAS processing co n yet i cut today bcos a. it has small demand with small daily vol. b. the owner's bro just wants to sell at > = 260 c. n there is a big esos = rope.ber of s/holders.,.
ESOS are issued to staff and management of the company. If they exercise the ESOS and sell immediately, what does that mean??? They know something you don't??? Me just asking......@^_-@ ....meow!!!
A trader is making a peanut profit and the trader will not last in a bear market. Mid to longer term investor will perform well. According to research, 90% of the traders are losing money. Think hard on this theory, 90% of the traders are losing money.
Details Under the Addendum, Pemex has agreed to increase the unit price for the gas sweetening services of the Contract to compensate CD for the expansion of plant capacity from 150 mmscfd to 180 mmscfd since November 2021. Consequently, the maximum contract value has increased to MXN1.64 billion (equivalent to RM371.8 million) from MXN1.30 billion (equivalent to RM258.7 million) representing an increase of MXN0.34 billion and RM113.1 million respectively.
In January 2021, Pemex has awarded to a consortium associated with Nuvoil Group (“Nuvoil”) a contract to provide gas sweetening service for Pemex’s onshore gas operations (“Contract”). The scope of work under the Contract mainly comprises of engineering, procurement, construction, operation and maintenance for a gas sweetening plant in Ixachi Field, Veracruz. The tenure for the Contract shall be 32 months (excluding the plant construction period) with a maximum contract value of approximately RM258.7 million subject to further extension in tenure. Subject to Pemex’s approval, contract value shall be increased should there be any further extension.
Upon completion of the transaction, JVC shall be the leader of the Consortium and responsible to execute the Contract. The rights and benefits under the Contract shall be transferred to the JVC through an assignment from the existing Consortium members.
Has anyone ask the Board during AGM to explain how the scope of work under the Contract mainly comprises of engineering, procurement, construction, operation and maintenance for a gas sweetening plant in Ixachi Field, Veracruz. The tenure for the Contract shall be 32 months mean? Is this BOT model with 32 months tenure or what? Or is this a profit sharing or concession asset and for how many months/years concession period? By the way how Coastoil Dynamic, S.A. de C.V. derived it revenue and from who?
Coastoil Dynamic, S.A. de C.V. 12-month period ended 30 June 2022: RM Revenue 171,716,984 Depreciation and amortisation 6,902,254 Interest expense 16,457,319 Income tax expense 32,870,003 Profit for the financial year 62,453,423 Other comprehensive income 5,525,779 Total comprehensive income 67,979,202 Group’s share of profit for the financial year 51,485,391 Group’s share of other comprehensive income 6,551,860 Reconciliation of net assets to carrying amount Group’s share of net assets above 93,838,534 Foreign exchange translation reserve 1,756,510 Carrying amount of the Group’s interests in this joint venture 95,595,044
1.325 million shares of ESOS listing are absorbed and over now. Looking at new high share price soon. The new high share price is at 2.68. The present share price is at 2.60. Good job.
You think sslee is a saint? he is just here to make money from shorting stocks. Stop thinking that sslee is trying to save anyone here. Just another opportunist. I don't like him
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Posted by brightsmart > 2022-12-22 18:02 | Report Abuse
Tan...talk what also no use....time will tell.