DELEUM BHD

KLSE (MYR): DELEUM (5132)

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Last Price

1.43

Today's Change

-0.04 (2.72%)

Day's Change

1.34 - 1.49

Trading Volume

959,000


8 people like this.

1,713 comment(s). Last comment by rbzhg1226 9 hours ago

bowman

2,525 posts

Posted by bowman > 2019-02-14 12:31 | Report Abuse

Some contracts coming?

bowman

2,525 posts

Posted by bowman > 2019-02-14 12:33 | Report Abuse

Deleum is out and above the cloud. If it breaks 1.13 today, we shall be looking at new highs - guessing that it will return to 1.18 next week

bowman

2,525 posts

Posted by bowman > 2019-02-14 15:47 | Report Abuse

Not only has it broken 1.13, but went on to touch 1.15. If technicals are to be believed, the potential for its new highs are good. Maybe even its last point of 1.20 can be tested

Posted by Choon Soo Tan > 2019-02-14 16:19 | Report Abuse

Got ppl buying in today, could it be Uncle K ?
After all, it wons so many contracts, and price yet to fly...shouldnt be

Posted by Choon Soo Tan > 2019-02-14 23:02 | Report Abuse

A lot of ppl is buying deleum after earn in carimin and dayang. Deleum is coming...

JJTAN0409

234 posts

Posted by JJTAN0409 > 2019-02-15 00:12 | Report Abuse

对,我也是其中一个把carimin赚的钱移来买deleum。有股息比较稳,这股每年都给股息的。

lhoong

336 posts

Posted by lhoong > 2019-02-15 09:27 | Report Abuse

slowly moving up

bowman

2,525 posts

Posted by bowman > 2019-02-15 10:22 | Report Abuse

If you trust the charts, breakout soon if it touches 1.18.

Mytrd

617 posts

Posted by Mytrd > 2019-02-15 11:37 | Report Abuse

when QR out no chance to buy lower. slowly collect and wait till QR and see the price.

Mytrd

617 posts

Posted by Mytrd > 2019-02-15 11:45 | Report Abuse

QR not far away.

Posted by Choon Soo Tan > 2019-02-15 11:52 | Report Abuse

This Qtr got dividend....expected another 3.5sen

wgan88

42 posts

Posted by wgan88 > 2019-02-19 02:24 | Report Abuse

wow. excellent ! within a short period of time get another contract. Worth to invest. cheers.

lhoong

336 posts

Posted by lhoong > 2019-02-19 19:29 | Report Abuse

dividend coming

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-02-21 16:40 | Report Abuse

Big water fish (cantenese) already in the net RM1.20.

Posted by Najib Zamry > 2019-02-21 21:30 | Report Abuse

My latest acquisitions today at 1.16

bowman

2,525 posts

Posted by bowman > 2019-02-22 17:51 | Report Abuse

Bought right up to 1.19. remember the last high?

slee

587 posts

Posted by slee > 2019-02-25 12:25 | Report Abuse

Waiting result. :) if good booming again. :)

bowman

2,525 posts

Posted by bowman > 2019-02-25 16:35 | Report Abuse

Good showing today. Small volume of early birds catching the big worm. Must be big news coming.

Posted by Najib Zamry > 2019-02-25 17:15 | Report Abuse

prove I am right again!!!!!!!!

talim1027

28 posts

Posted by talim1027 > 2019-02-25 18:42 | Report Abuse

Next target 1.48

abang_misai

2,517 posts

Posted by abang_misai > 2019-02-25 19:19 | Report Abuse

Agree. Next target is Rm1.48

slee

587 posts

Posted by slee > 2019-02-25 19:27 | Report Abuse

Haizz... Report :(

michaelwong

3,068 posts

Posted by michaelwong > 2019-02-25 20:05 | Report Abuse

4Q net profit falls 44% due to margin squeeze . Prepared for downhill ride 2morrow . Very unlucky when the price is inching up currently !

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-02-25 20:06 | Report Abuse

Revenue grow but Net profit squeeze by lower profit margin.

Posted by malayantiger16888 > 2019-02-25 20:44 | Report Abuse

It's a good business i think. They are provide oil field services, which they use local labor and charge global rates. These services could be exploration or production. Maybe exploration is lesser , but production is always ongoing. Then they also sell equipment from OEM, and can take a cut from there.

Energiser

251 posts

Posted by Energiser > 2019-02-25 20:45 | Report Abuse

They got new contracts announced recently but did not mention the value.

Energiser

251 posts

Posted by Energiser > 2019-02-26 02:35 | Report Abuse

Below is the extract of the new contract wins from the quarterly reports which should contribute positively to earnings and net assets moving forward:
A13. MATERIAL EVENTS DURING THE REPORTING DATE
On 25 September 2018, the Company announced the following:
(i) Deleum Primera Sdn. Bhd. (“DPSB”), a 60% owned subsidiary of the Group, has been
awarded with two (2) new contracts by Petronas Carigali Sdn. Bhd. under the Integrated
Corrosion Solution segment which comprised: -
(a) Provision of Alternative Blasting and Painting (Package B: SpongeJet, Vapor and Other
Methods) for a contract period of three (3) years with one (1) year extension option; and
(b) Provision of Riser Corrosion Prevention System and Maintenance (Package B: Sabah
Asset and Package C – Peninsular Malaysia Asset) for a contract period of three (3)
years with one (1) year extension option.
(ii) Deleum Oilfield Services Sdn. Bhd. (“DOSSB”), a wholly-owned subsidiary of the Group,
has been awarded with a new contract by Sarawak Shell Berhad (“SSB”) and Sabah Shell
Petroleum Company Limited (“SSPC”) under the Oilfield Services segment on the Provision
of Slickline Equipment and Services for a contract period of three (3) years with one (1)
extension option of two (2) years.
On 27 December 2018, the Company announced that DOSSB has been awarded with a new
contract by ExxonMobil Exploration and Production Malaysia Inc. under the Oilfield Segment on the
Provision of Slickline Equipment and Services for a contract period of three (3) years with one
extension option of one (1) year.
The above mentioned contracts will have no effect on the issued share capital of the Company and
is expected to contribute positively towards the earnings and net assets of the Group going forward.
A14. MATERIAL EVENTS SUBSEQUENT TO THE END OF THE REPORTING DATE
On 15 January 2019, the Company announced that DOSSB, a wholly-owned subsidiary of the
Group, had received a Letter of Award for the Provision of Slickline Equipment and Services for
Petronas Carigali Sdn. Bhd. under the Oilfield Services segment for a contract period of three (3)
years.
The contract will have no effect on the issued share capital of the Company and is expected to
contribute positively towards the earnings and net assets of the Group going forward.
Save as disclosed as above, there was no other item, transaction or event of a material and unusual
nature which had arisen since 31 December 2018 to 18 February 2019 (being the latest practicable
date) which would substantially affect the financial results of the Group.

wgan88

42 posts

Posted by wgan88 > 2019-02-26 09:01 | Report Abuse

Many contracts especially Slickline Equipment. it will improve the utilisation & profit will be improved in future.

JJTAN0409

234 posts

Posted by JJTAN0409 > 2019-02-26 11:49 | Report Abuse

没想到出一个业绩炸弹。但我相信deleum是一家有前景的公司。

bowman

2,525 posts

Posted by bowman > 2019-02-26 14:39 | Report Abuse

two reasons why this is temporary. That this counter is not entirely dependent on oil sale - more services. High or low, their services are needed. Second reason is Trump is doing a smokescreen over Venezuela and the world bought it. This article is interesting
https://www.ccn.com/trump-pumps-fake-oil-price-crisis-strangles-venezuelan-exports

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-02-26 20:22 | Report Abuse

I hope all the seller today will very regret what action they taken today (3 month from now).I dont see any reason to sell the company with 6 years constant return (without loss but gave dividend every year) just because the quarter report return (in term of percentage)compare with Dayang is more more lower.

slts

2,158 posts

Posted by slts > 2019-02-26 20:46 | Report Abuse

today selling overdone

Posted by WindforGlory > 2019-02-26 20:48 | Report Abuse

Good

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-02-27 10:29 | Report Abuse

Prospect 2019

The Power and Machinery segment remains as the biggest contributor to the Group’s revenue and
operating profit. With a stable and sustainable business base, the segment will continue to focus its
efforts in supporting its customers by providing excellent after sales services to the installed turbine
base and working with our business partners to provide cost effective solutions.
The Oilfield Services segment focuses primarily on upstream activities in the sub-surface sector, in
particular the provision of slickline services and equipment. The segment has successfully secured
new slickline contracts with new and existing customers in 2018 as disclosed in note A13 and A14.
With these development in the segment, the segment continues to be a market leader in the
provision of slickline services.
The Integrated Corrosion Solution segment registered significant top line growth for the financial
year primarily driven by work orders flowing from the MCM contract which commenced operations
this financial year. However, the segment suffered a loss in the year to date in part, due to legacy
costs relating to the Sponge Jet blasting business. With the work orders in hand and together with
the recently secured contracts, the segment will concentrate on operational efficiencies and budget
management to meet the desired outcomes.

chshzhd

1,908 posts

Posted by chshzhd > 2019-02-27 15:46 | Report Abuse

keeep...:)

bowman

2,525 posts

Posted by bowman > 2019-02-28 09:17 | Report Abuse

Oil price is at pre-Trump's tweet. Stock price is at bargain now at 1.13 - recall how it hit 1.25 in manner of days? Goldman Sachs wrote an interesting piece on oil price. Looks like It's reaching for 75USD in a few months - which will not only do Opec countries well, it will also boost American shale producers. Think about it. And that's 10% away.

nckcm

2,726 posts

Posted by nckcm > 2019-03-02 08:21 | Report Abuse

Buy back at 0.9 in up coming months..

WINNING

1,714 posts

Posted by WINNING > 2019-03-09 01:12 | Report Abuse

if break 1.13 again buy buy and fly.

tnang

683 posts

Posted by tnang > 2019-03-14 11:36 | Report Abuse

yes, break..... fly fly fly now

Livermore

2,797 posts

Posted by Livermore > 2019-03-15 13:36 | Report Abuse

all in

freddiehero

16,715 posts

Posted by freddiehero > 2019-03-15 13:55 | Report Abuse

wah..

freddiehero

16,715 posts

Posted by freddiehero > 2019-03-15 13:55 | Report Abuse

so fast all in.. kaka..

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-04-01 16:09 | Report Abuse

Falling again...

chshzhd

1,908 posts

Posted by chshzhd > 2019-04-01 17:20 | Report Abuse

good chance to collect!

Livermore

2,797 posts

Posted by Livermore > 2019-04-02 10:53 | Report Abuse

All in

Posted by nalacard > 2019-04-03 22:28 | Report Abuse

Oil price going up, deleum should go up soon.

Livermore

2,797 posts

Posted by Livermore > 2019-04-08 12:15 | Report Abuse

All in

Posted by bigbangtheory > 2019-04-08 13:31 | Report Abuse

C'mon Deleum. Oil price up, but deleum macam cannot up...

Livermore

2,797 posts

Posted by Livermore > 2019-04-08 22:13 | Report Abuse

Wait for kyy...

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