nope. Russia is going to meet the OPEC next month to discuss the ease of production. very unlikely Russia would increase production due to the uncertainty in demand for Oil though some other countries remain optimistic about the oil demand due to the expected economy recovery
Solid performance by Dayang as reported in The Edge earlier. KUALA LUMPUR (Feb 21): Dayang Enterprise Holdings Bhd posted a record net profit for the financial year ended Dec 31, 2019 (FY19), thanks to higher profit margin on work orders received and performed during the current financial year.
The group also accounted for a gain on bargain purchase of RM18.8 million arising from the acquisition of a new subsidiary and a net foreign exchange of RM1.1 million in the current year. There was also the absence of amortisation expenses of RM12.5 million incurred in FY18.
Deeming FY19 a "great success", Dayang posted a net profit of RM236.28 million, up 43.9% from RM164.22 million in the previous year.
Revenue grew 11.6% to RM1.05 billion in FY19 – exceeding the RM1 billion mark for the first time – from RM937.64 million in FY18.
This week my focus is on O&G and Plantation. I did put more queue to Top Up Dayang, unfortunately our Lady Dayang is not only Pretty, she's too strong, thanks for having a great Jedi like all of you here guarding her 24 x 7 here.
Looks like our Lady Dayang is like my Gloves Fantastic Four. No need to monitor anymore since all are cruising like nobody business...
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....
geonecide
3 posts
Posted by geonecide > 2020-05-28 05:12 | Report Abuse
Much thank you @paktua73