Posted by Joel > 2014-01-27 22:00 | Report Abuse

ExxonMobil Extends AHTS Contracts in Malaysia

Posted on Jan 27th, 2014 with tags AHTS, contracts, Extends, ExxonMobil, Malaysia, News .
Malaysia’s Jasa Merin Sdn Bhd been awarded contracts extension by ExxonMobil Exploration and Production Malaysia Inc. for the provision of two 60MT Anchor Handling Tug Supply Vessels.

The contracts extension, which will begin in early February, are for a one year period. The deal in total is estimated to be around RM 23.287 million ($7.1 million).

Jasa Merin Sdn Bhd last year awarded three shipbuilding contracts to Muhibbah Marine Engineering Sdn Bhd, for the construction of two 62-metre Anchor Handling Tug Supply vessels and one 70-metre AHTS. The move was explained as being in line with the company’s on-going fleet-renewal and expansion initiative.

Offshore Energy Today Staff, January 27, 2014
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Posted by Joel > 2014-01-27 22:01 | Report Abuse

Agree, Silkhld will rebound tomorrow hope to close at rm0.70.

Posted by IniKaliLah > 2014-01-27 22:05 | Report Abuse

Tomorrow sure fly back to above 0.70 cent.....TP 0.80 cent by this week

Posted by Johnson Lam > 2014-01-27 23:57 | Report Abuse

Tomorrow up or down also dun know yet, but hope it will close at 7sen la.

Posted by martiniclub7 > 2014-01-28 04:27 | Report Abuse

I say most likely it will continue to bleed.. Silk is doing really well, with the market bleed so badly, they only shed 4.5sen.. strong support is there. I got a feeling it will hit 60sen and then only will rebound, this stock has been really heated up, give some time to let it rest and then only shoot again. Guys, this is a short medium term stock. Just sit tight and dont worry, if u have money keep buying it if it continue to drops.

Posted by Joel > 2014-01-28 16:52 | Report Abuse

yes, good jump! SILKHLD.

Posted by saddiqsepakraga > 2014-01-28 16:55 | Report Abuse

if mr dow behaves nicely tonite, silk will ride on to above 70 sen tomorrow!!!!

Posted by Johnson Lam > 2014-01-28 16:57 | Report Abuse

Really thanks, tomorrow please up more 5 sen...

Posted by calvintaneng > 2014-01-28 18:50 | Report Abuse

SILK Running First.

PBA Not Far Behind.

YES! NOW ALL ARE RUNNING INTO THE SAFETY OF DEFENSIVE SHARES FOR YEAR 2014!

Posted by Risk Trader > 2014-01-28 22:23 | Report Abuse

Tomorrow 100% will up.....minima 5 cent....TP RM0.80 cent soon

Posted by hepitrade > 2014-01-28 22:54 | Report Abuse

Risk trader, what makes u that confident?

Posted by Risk Trader > 2014-01-28 22:56 | Report Abuse

Insider info.....just buy before regret

Posted by hepitrade > 2014-01-28 22:58 | Report Abuse

What the best price to jump in then?

Posted by Risk Trader > 2014-01-28 23:04 | Report Abuse

Below 0.75 cent is good buy.....

Posted by calvintaneng > 2014-01-28 23:06 | Report Abuse

Silk up more than 50% already. Better buy those that haven't run yet like pba and opcom. Both also highly defensive against foreign sell down. Both are insulated from financial tsunami and pay a dividend

Posted by hepitrade > 2014-01-28 23:06 | Report Abuse

Tq risk trader, so hold 2mths to reach 80c TP?

Posted by mrlim > 2014-01-29 08:46 | Report Abuse

i see the sign of goreng

Posted by Risk Trader > 2014-01-29 09:15 | Report Abuse

Yes...TP 0.80 cent on track

Posted by lepeng85 > 2014-01-29 09:17 | Report Abuse

soon to reach 0.80

Posted by psd57 > 2014-01-29 09:21 | Report Abuse

SILK resistance levels - 75c : 76c & 80c for today. happy tradin

Posted by rikki > 2014-01-29 09:40 | Report Abuse

mission accomplished....thank you Silk....lets someone else take the remaining profit.....lol

Posted by Risk Trader > 2014-01-29 09:53 | Report Abuse

Yes today will break 0.80 cent. Return almost 50% for 1 week only

Posted by hepitrade > 2014-01-29 09:53 | Report Abuse

Really risk trader?

Posted by hepitrade > 2014-01-29 09:54 | Report Abuse

Scare to chase high liao ... : (

Posted by necro > 2014-01-29 09:54 | Report Abuse

23/2/2012 JUST LOOK @ MY COMMENT....

=)

Posted by mrlim > 2014-01-29 09:58 | Report Abuse

im done, looking for others to goreng

Posted by Risk Trader > 2014-01-29 09:58 | Report Abuse

Hepitrade....believed me....next month TP above RM1.00

Posted by clonewar > 2014-01-29 10:00 | Report Abuse

mrlim, Gpacket not goreng yet..hehehe..

Posted by stockinvester > 2014-01-29 10:02 | Report Abuse

Happy Chinese new year.

Posted by CityTrader > 2014-01-29 10:02 | Report Abuse

Haha! Risk, u embolden my own tp0.94 that i tot too high! Tq for injecting confidence to me.

Posted by lee9fold > 2014-01-29 10:05 | Report Abuse

CT...how u see the movement atm?

Posted by CityTrader > 2014-01-29 10:07 | Report Abuse

Wat atm?

Posted by lee9fold > 2014-01-29 10:09 | Report Abuse

at the moment haha

Posted by martiniclub7 > 2014-01-29 10:17 | Report Abuse

Guys there are still potential in this stock. Dont bail yet. Min will hit 80sen.. might not be today but soon, technical sell will also happen. Just make sure watch out for it.

Posted by mrlim > 2014-01-29 10:18 | Report Abuse

clonewar, almost goreng Gpacket today, but i saw too many desperate sellers during pre-open. i decided to goreng silk instead.. hehe

Posted by lee9fold > 2014-01-29 10:59 | Report Abuse

martini...why so confident? pls shed some light

Posted by sklyte > 2014-01-29 12:25 | Report Abuse

still can go mer, on steroid mood ady

Posted by lee9fold > 2014-01-29 13:47 | Report Abuse

just see

Posted by abc529 > 2014-01-29 14:41 | Report Abuse

silk highway if rise 80% in price. it can easily achieve rm3.

Posted by lee9fold > 2014-01-29 14:41 | Report Abuse

abc long term investor?

Posted by sklyte > 2014-01-29 14:52 | Report Abuse

i smell distribution

Posted by zack_liza > 2014-01-29 15:00 | Report Abuse

cimb collect at 0.65, so,when cimb to sell?? 0.70, 0.75 or 0.80 and above..if u expect market will up, so hold and sell at 0.80 and above..if market will down, better sell at 0.72 and above...

Posted by Luxp > 2014-01-29 15:00 | Report Abuse

What is distribution bro .... Sideways up or down .?

Posted by FreeThink > 2014-01-29 15:10 | Report Abuse

distribution means the process of big players slowly selling their tickets to small fish, this is beginning of bear trend...anyway this is just opinion from sklyte...hehe

Posted by Luxp > 2014-01-29 15:22 | Report Abuse

Tks?time to run with profit in hand ?will look out .

Posted by Ooi Teik Bee > 2014-01-29 15:29 | Report Abuse

Happy new year 2014. Collect your ang pow now. Please leave behind some bone for those jumping in from 14th floor.
Thank you.

Posted by lee9fold > 2014-01-29 15:33 | Report Abuse

FT also having the same opinion?

Posted by FreeThink > 2014-01-29 15:37 | Report Abuse

lee, i already jumped off b4 reaching 0.70...hehe....otb is very experience sifu, good to follow him, take your profit 1st

Posted by mrlim > 2014-01-29 15:50 | Report Abuse

this could've been a good term investment if i discovered this last month. now i can only goreng

Posted by calvintaneng > 2014-01-29 17:22 | Report Abuse

mrlim,

This Year of 2014. People are running into the safety of defensive counter.

1)SILK (A toll road has strong moat) Up from 40 cts to 70 over cents. Too high to chase.
2) PBA (Water is a NECESSITY. We must Drink, take bath & wash clothes.)
3) OPCOM (CASH RICH. Debt Free. High Dividend 8% to 10%. Secured job from TM)