@Yu_and_Mee is Dayang price impacted by oil price? dayang is upstrem or downstream? 06/05/2020 8:00 PM
Yu Mee Dayang is down stream.
Since Dayang did not met my 7th collection target price, today I'm getting bored. Too much Goyang kaki since last week. So I decided to visit Dialog and Yinson Battleships.
Despite the gloom and doom in the O&G sector, Dialog Group Bhd stands out as one of the potential winners due to its storage capacity. Due to the oversupply situation of crude oil currently in the market, storage has become a crucial part of the value chain.
Additionally, large vessel players such as BUMI ARMADA BHD and Yinson Holdings Bhd are expected to benefit due to the increase in crude oil storage. Miss Syura reckoned that most of these floating production, storage and offloading vessel players have already locked in long-term contracts. Based on this information, I decided collect Dialog and Yinson as my latest collections.
Dialog and Yinson completed my end to end O&G Supply Chain. My Armada Fleet of 18 Battleships are now ready to face this War on Terror. This Armada will be supported with Jet Fighters from Air Asia and Air Asia X.
Dialog’s prime land in Pengerang, operating track record, financial strength and management acumen are enablers for capitalizing on the demand for storage terminals in Asia. Developing its Phase 3 capacity should spur its mid-term growth and franchise value, as the operator of a strategic hub akin to Rotterdam. Its ability to declare constant dividends, at 40% DPR stands out among peers. Optimising its Phase 3 project alone would elevate our SOTP-based TP by 64% to MYR5.90. Here is the snapshot of Pengerang deep-water terminals.
Bumi Armada and Yinson are the Top 5 FPSO operator in the world by fleet size. Operating presence in Asia, Africa and Europe. FPSO’s contracts are bankable, providing steady visibility (long-term charters, termination protection) with reasonable project IRRs. Captain Mabel’s dream is to merge these two companies and create the Biggest FPSO Operator in the World.
Bumi Armada and Yinson FPSOs tender pipeline are strong. Winning jobs is a catalyst. Malaysian players are expected to benefit from a pick-up in FPSO activity between 2018 to 2021.
When I was small, I love watching Dallas with Daddy. Now I feel like part of the Erwing Family..
The Erwing also loves big ranches and automation. That’s why I also love the Plantation and Technology Stocks. Today I also collected KL Kepong Plantation as my latest addition in my Plantation sectors. Our mission is to feed more than 3 billion people in more than 200 countries. Latest news is India will be buying back our Palm Oil..
@pang72 Mabel, I hope you doing well. Don't dig the hole too deep and jump in! You need to wait very long time to recover. It is only time. 06/05/2020 11:41 PM
I'm doing well Pang, thank you...Hope you are doing well too..
Right now I'm going around looking for bargain with the current Fire Sales across Bursa...
So far Dayang is looking good, waiting for my next 7th collection at the right price...
Iraq emerging as OPEC’s main laggard in making record output cut – sources in Oil & Companies News 07/05/2020
Iraq has yet to inform its regular oil buyers of cuts to its exports, suggesting it is struggling to fully implement an OPEC deal with Russia and other producers on a record supply cut, traders and industry sources said.
Less than full compliance by Iraq, as well as by smaller producers such as Nigeria and Angola, could hurt the OPEC+ group’s efforts to cut output by 9.7 million barrels per day from May 1, equivalent to about 10% of world demand before the coronavirus crisis led to a slide in consumption and prices.
Iraq, OPEC’s second largest oil producer, has instructed its biggest company, Basra Oil Co. (BOC), to cut output from May as part of its efforts to reduce its output by 1 million bpd, or 1% of global supply, an oil ministry source said.
But it has yet to agree an action plan with other oil companies such as BP, Exxon, Eni or Lukoil, which operate the biggest fields in the country, a BOC spokesman said.
“Talks with international oil companies are still continuing to discuss ways of curtailing production that serve all parties and ensure mutual interests are observed,” the BOC spokesman said.
“We can’t say talks hit deadlock. We expect a breakthrough to be reached soon.”
Iraq’s oil ministry could not be immediately reached for comment. BP, Exxon, Eni and Lukoil declined to comment.
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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....
joyvest
10,499 posts
Posted by joyvest > 2020-05-06 15:40 | Report Abuse
baby love is in fantasy