You may get a bull but how u slaughter & enjoy it must be correct too. See what happen in Jitra , an experienced butcher was about to slaughter a bull for korban, it bolted and pull off 3 of the butcher's fingers.
Newcruz Offshore Marine Pte Ltd and Swiber Offshore (India) Pvt Ltd are Swiber Holdings Limited's subsidiaries. Through such networking tie-up, ALAM will be able to secure more international charter agreements.
No worries... gotta have faith in the companies we invest in =) Alam is not a punting stock, so whoever can follow it on its growth path will be rewarded... :)
Petronas Carigali Sdn Bhd and Lundin Oil have jointly discovered additional oil reserves, under a production sharing contract, (PSC) at Block PM 307 of the Bertam.
The oil field is located 160 kilometres offshore Peninsular Malaysia, is opposite the state of Pahang at the depth of 76 metres.
This is very significant because never discovered oil in commercial quantity at Penyu Basin and this is a major breakthrough.
The Bertam oilfield is estimated to have oil reserves of 64 million barrels.
CIMB- Pahang’s gush of excitement: We continue to have positive expectations for the oil & gas sector and maintain our Overweight call. Petronas’s 5-year RM300bn capex should keep the excitement level high in a sector that is a major revenue earner. Our top picks are SapuraKencana for big caps and Perisai for small caps.
What Happened: Prime Minister Datuk Seri Najib Tun Razak announced today that Petronas Carigali and Lundin Oil have discovered additional oil fields, under a 25:75 production sharing contract, at Block PM 307 of Pahang’s Bertam field. Production will begin in 3Q14 with a projected output of 17,500-20,000 barrels per day. This is the first oil discovery in Pahang.
What We Think: This is a positive development given that the projected output could lift Petronas’s annual production of oil and condensate by 2.7-3.2%. Also, the discovery could present new opportunities for local oil & gas companies. Potential early winners are likely to be marine support providers such as Perdana Petroleum and Alam Maritim. Intensifying exploration activities is one of the government’s Economic Transformation Programme (ETP)initiatives.
What You Should Do: Stay invested. We expect more domestic activities as Petronas strives to boost Malaysia’s flagging production. The national oil company’s capex should benefit a wide range of local service providers. We expect all-time net profit highs in CY12-14 for Bumi Armada, Dialog, Perisai, Petronas Dagangan, SapuraKencana and Wah Seong.
Alam Maritim Alam has 38 vessels which are servicing various offshore contracts. The company is also wading into new waters by venturing into pipe installation.
It has also been invited to submit bids for Middle Eastern and North American jobs through a JV.
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....
ampabella
1,381 posts
Posted by ampabella > 2012-10-26 19:54 | Report Abuse
this alam semua orang recommended above rm1.00 ada betul or not