Excellent results in the circumstances, the YTD numbers will improve by the time full year results are announced in February 2021. By then the oil price will BC will be 55-57 USD.
Finally Mabel Energy P4 Battleship Dayang Enterprise Holdings Bhd returned to the black in the third quarter ended Sept 30, 2020 (3QFY20) with a net profit of RM36.08 million after a loss-making quarter in 2QFY20. Fantastic recovery from Q2 at 3762 %
Dayang attributed the profitable quarter to wider profit margins as a result of improved productivity and efficiency in work orders. This company has proven under the toughest test, it still generates fantastic cash, the vessel Topaz that I shared recently only sank, its not a lost. There will be pent up maintenance activities even under current monsoon season.
after 26 then shoot. KLSE index is down. People scared to put money due to the budget not approved yet. Scared with negative impact will cause the market to react negatively.
If you want play oil best to buy US and U.K. stocks who have responded well...Malaysian market dogged by poor governance, insider dealing, too many companies have owners holding material holdings in excess of 20% resulting in impropriety and poor governance....shameful
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....
Newbn00b
315 posts
Posted by Newbn00b > 2020-11-23 12:38 | Report Abuse
Trap people at RM1++ again?