Posted by bonbon > 2018-10-02 16:54 | Report Abuse

I think correction is coming, not only Deleum but other o&g counters too, all closing low today

Posted by bowman > 2018-10-02 18:42 | Report Abuse

Be careful yet. There is more to be corrected. Brent crude cannot be expected to rise beyond US$90 as Opec can still increase production. These rise these few days could be due the buying frenzy created by a number of factors, including the US sanctions on Iran and production interruption in several producing nations.

Now market forces have realised that the Iran shortfall can be overcome by increased output by the big three - Saudi Arabia, the United States and Russia - which between themselves raise global output in the next 12 months to compensate for falling oil supplies from Iran, as mentioned by U.S. Energy Secretary Rick Perry during his visit to Moscow two weeks ago. Trade wisely and wait.

Posted by KWSI7317 > 2018-10-02 19:44 | Report Abuse

profit taking, long term see company profit

Posted by shpg22 > 2018-10-04 11:47 | Report Abuse

Resistant broken, upgrade DELEUM to 1.60

Posted by Invest_Sensibly > 2018-10-04 11:48 | Report Abuse

The only Net cash O&G counter. How to go down?

Posted by Invest_Sensibly > 2018-10-04 11:48 | Report Abuse

The only dividend good paymaster O&G counter. How to go down?

Posted by JJTAN0409 > 2018-10-04 13:05 | Report Abuse

yongch 油价大涨deleum长期赚钱，负责又少的公司不能投资，那我就不懂要买怎样的油气股。

Posted by sapurakencana > 2018-10-04 17:59 | Report Abuse

yongch i support u for your experience in O & G.

Posted by KWSI7317 > 2018-10-04 20:09 | Report Abuse

long term good prospext company

Posted by princesam > 2018-10-11 09:58 | Report Abuse

tengok apa?

Posted by JJTAN0409 > 2018-10-12 00:32 | Report Abuse

0.8我会买更多。除非油价跌到30usd

Posted by KWSI7317 > 2018-10-12 09:52 | Report Abuse

long term prospect good

Posted by sapurakencana > 2018-10-15 12:05 | Report Abuse

now oil price is on the up trend,so what your target to enter market.dont forget US wil execute /enforce the order to stop buy oil from iran within 2 week time. so you only have 8 day left to collect this stock.

Posted by bowman > 2018-10-18 09:54 | Report Abuse

This morning, the RSI crossover is seen. If Deleum hits 1.23, then rest assured bulls wlll be back to push it past last high.

Posted by lohsifu > 2018-10-18 11:39 | Report Abuse

today Deleum more likely to hit 1.13 rather than 1.23

Posted by bowman > 2018-10-18 12:21 | Report Abuse

Cant say looking at latest development in the middle east and the impending cold front in Europe and such. It may breakaway this afternoon to test a new high.

Posted by lohsifu > 2018-10-18 18:35 | Report Abuse

Oil price drop to USD79.5

Ruuunnnnnnnnnnnnnn

Posted by KWSI7317 > 2018-10-18 19:48 | Report Abuse

oil price is up from 25 to this level.

Posted by sapurakencana > 2018-10-22 18:38 | Report Abuse

why this datuk keep on seling like held.is it also 1 of the umno crony like myeg,datasonic presbhd

Posted by slee > 2018-11-19 13:44 | Report Abuse

can't depend this

Posted by OGTrade > 2018-11-19 18:47 | Report Abuse

Net profit down compared to the same quarter last year. Not good.

Posted by slee > 2018-11-19 20:16 | Report Abuse

Opss... Later read detail on report...

Posted by slee > 2018-11-19 22:03 | Report Abuse

Overall consider fine... this quarter drop because of currency exchange.

In the current quarter, the Group posted an increase in revenue of RM7.7 million against the corresponding quarter on the back of new revenue generated from the Maintenance, Construction and Modification (“MCM”) project alongside a higher revenue contribution from Oilfield Services segment but offset by the softer revenue from Power and Machinery segment. Notwithstanding a higher revenue recorded, the Group’s profit attributable to equity holders of the Company declined by RM1.7 million as a result of lower operating results from all reportable segments and unfavourable foreign exchange movement on MYR against USD which resulted in a net loss of RM1.1 million against a net gain of RM0.4 million in the corresponding quarter.

Posted by value88 > 2018-11-19 22:16 | Report Abuse

This quarter's EPS is 2.28sen vs 2.29sen in preceding quarter. The EPS is just marginally lower QoQ, mainly due to RM1.1mil forex loss in this quarter compared against forex gain in preceding quarter. This means if exclude forex gain/loss, this Q's earnings would be higher QoQ.

Posted by value88 > 2018-11-19 22:18 | Report Abuse

Deleum's Integrated Corrosion Solution segment has turned from losses in Q1 & Q2 to small gain in Q3, mainly due to its MCM contract is gradually picking up pace. Management has hinted this segment will again be in green in next Q4.

Posted by value88 > 2018-11-19 22:21 | Report Abuse

Besides, next Q4 is "seasonally strongest quarter" for Deleum. One can refer to its historical earnings trend to verify this matter.
As such, I expect higher EPS in Q4.

Posted by sapurakencana > 2018-11-19 22:44 | Report Abuse

Profit reduce due to exchange loss is acceptable.

The Power and Machinery segment’s revenue contracted by RM32.3 million against the
corresponding quarter affected mainly by softer demand for valves and flow regulators and a
lower volume of turbine related work orders for exchange engines and ancillary parts and
services, offset by higher orders for retrofit projects.

Management need take more aggresive strategic to improve the revenue,instead of too dependent on Petronas contract. In tis high competetive industry,who are not technically compatible wil gradualy out from this industry.Remember,now we are in the Industry 4.0 AI rather than labour incentive.
Dont ever give excuse softer demand for valves and flow regulators and a
lower volume of turbine related work orders for exchange engines and ancillary parts and
services,

Posted by wgan88 > 2019-01-17 18:27 | Report Abuse

Hi, I get to know Deleum from The Edge two days ago. Deleum awarded contract from Petronas.
Does current price 1.0x worth to invest ? Appreciated sifu out there to advise. Thx.

Posted by wgan88 > 2019-01-17 18:38 | Report Abuse

Found this blog. will Deleum EPS in Q4 better ?
https://klse.i3investor.com/blogs/deleum/190576.jsp

Posted by Choon Soo Tan > 2019-01-17 18:47 | Report Abuse

Q4 traditional has highest earning among the year as mostly main maintenance job are done in year end. So i think this year Q4 will be better than before too.

With new contract comes in, i believe it will perform better

Posted by wgan88 > 2019-01-17 19:22 | Report Abuse

Thx for your advise. long term prospect good ?

Posted by Choon Soo Tan > 2019-01-17 21:54 | Report Abuse

Last time AWC stock price soar from 40sen to above RM1, after received several contracts within few months as well.

Posted by wgan88 > 2019-01-17 22:21 | Report Abuse

Thanks for sharing with good example. Will look into the details. Thx alot.

Posted by bowman > 2019-01-18 17:07 | Report Abuse

Good potential. Quite near the top of the cloud and should break by next week or so. Hoping for it to hit 1.18 before CNY if Brent prices continue uptrend. More contracts received will help its financial quarter results defiitely

Posted by sapurakencana > 2019-01-18 18:27 | Report Abuse

Deleum has an order book of ~2bilion, which can last for 3~4 years, assuming no further new contracts has been awarded.

The fact is, Deleum has been rewarded several contracts since Sep 2018.

Share4u888,please give the breakdown of this 2 billion order because i can not see this detail in 3 quarter report..
Big order does not translate increase in price(ie SAPENG,ARMADA,Dnex),the important thing is capability of management to generate bigger profit.Can u forsee the company will generate pretty profit in 1H 2019.

Posted by share4u888 > 2019-01-18 19:44 | Report Abuse

Get the info from MIDF research report dated in Aug 2018.

http://www.midf.com.my/images/Downloads/Research/Equity/Deleum/Deleum-Earnings-Boost-From-Pickup-In-Activity-Levels-MIDF-230818.pdf

Posted by sapurakencana > 2019-01-18 21:47 | Report Abuse

Thanks for your reply.Inside the report only stated 1.69bil order instead of 2 bil. They didn't mentionthe duration of the contract.(I hope company will be more transparency to convince us) I admit this is a healthy medium Oil & Gas company,but if order only let said 1.69bil ,it only secured for 3 year business. This is the reason why investor still lack of confidence to hold the position for long term.hope to hear from you again,Thanks.

Posted by Choon Soo Tan > 2019-01-19 17:56 | Report Abuse

I think what share4u888 trying to say that this is an oil & gas counter with limited downside as it is back by book order and new contracts awards.

Beside this is net cash company where u dont need to worry about right issue or anything, yet it gives dividend every year which in case anyone want to buy and hold an oil & gas counter as mentioned by ColdEye, this is a safe counter to hold.

Whereas the stock price can go up to which level, it depends on the oil & gas activities in the future and as well any more contracts awarded or not.

Posted by wgan88 > 2019-01-22 13:29 | Report Abuse

Looking at the oil price in uptrend. Believed more activities is ongoing.... mmm...

Posted by wgan88 > 2019-01-22 13:49 | Report Abuse

this counter are very quiet while others oil & gas counters are v active .... haha...

Posted by bowman > 2019-01-23 16:18 | Report Abuse

It is moving already and already moving out of the cloud. Just hold your breath. I think it may just do 1.10 today and if it does, look at it next week to test higher. This is not just an oil producing counter you see

Posted by share4u888 > 2019-01-23 17:16 | Report Abuse

it moves up during index down by 13points today. Apparently investor know the intrinsic value of this counter.

With the new contracts contribution towards company revenue and earning, i believe this is going to be fly........

Posted by Choon Soo Tan > 2019-01-23 19:04 | Report Abuse

Agreed, there is no way the stock price remain stagnant after being awarded with several contracts recently. Maybe investor is still waiting for the coming QR result before going in.

Posted by wgan88 > 2019-01-23 23:54 | Report Abuse

Good to see it moving up while KLSE down. This counter has a good potential... Looking forward to see it moving higher

Posted by slee > 2019-01-31 11:31 | Report Abuse

Ya.. this counter is good counter. Some more majority of O&G rebound but Delumn still consider yet move. Company never announce negative QR although cruel oil 30++. This incoming quarter will announce dividend as well.

Posted by Choon Soo Tan > 2019-01-31 14:24 | Report Abuse

Ya....with another few contract being awarded, this counter may move above rm1.50 easily in next few months

Posted by wgan88 > 2019-01-31 18:22 | Report Abuse

Haha .... Great... look like my decision to this counter will be pay off soon :)

Posted by anwarfmofw > 2019-02-03 08:14 | Report Abuse

This slickline contract is new award. But however the expiry of the contrcat currently in place for provision of slickline for carigali came to an end dec 2018. So there is no additional revenue. It is just maintain and sustain revenue stream and the company manage to avoid this contract lost and hence revenue loss.

Posted by zonefinder > 2019-02-07 15:08 | Report Abuse

What's the stimulus for today's jump?

Posted by JJTAN0409 > 2019-02-12 13:27 | Report Abuse

同行都上涨不少了，deleum是时候开跑了。