Posted by bullmarket1628 > 2022-09-27 18:31 | Report Abuse

Latest news from CNN…
A war between Russia & USA/Europe will be ignited anytime from now if the ‘Sham’ referendum results is in favour to russia (of course is a sure guranteed passed results created by Russia), So, since russia will use this results by annexed 4 Ukraine’s regions and as an excuse for them to publicly giving mandate to them to sending millions of troops to based the stations permanently into this 4 regions,
then a new World War III cannot be avoid and will happened anytime from now already !

Then the Oil price definitely will immediately shooting up to sky high !

And then all the O & G counters definitely will follow to spike up like mad already !

Posted by bullmarket1628 > 2022-10-04 07:59 |

Post removed.Why?

Posted by fregend > 2022-10-04 11:22 | Report Abuse

Not good wish for war

Posted by bullmarket1628 > 2022-10-05 07:07 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-05 07:32 | Report Abuse

Oil prices could soon return to $100 as OPEC+ considers ‘historic’ cut, analysts say
PUBLISHED MON, OCT 3 2022 6:43 AM EDT

Lee Ying Shan @LEEYINGSHAN
Sam Meredith @SMEREDITH19

https://www.cnbc.com/amp/2022/10/03/opec-oil-prices-could-soon-return-to-100-a-barrel-analysts-say.html

KEY POINTS
* OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.
* The oil cartel and its allies are considering an output cut of more than a million barrels per day, according to OPEC+ sources who spoke to Reuters.
* "The OPEC ministers are not going to come to Austria for the first time in two years to do nothing. So there's going to be a cut of some historic kind," said Dan Pickering, CIO of Pickering Energy Partners.

Posted by bullmarket1628 > 2022-10-06 07:57 |

Post removed.Why?

Posted by bullmarket1628 > 2022-10-06 07:59 | Report Abuse

White House Disappointed With OPEC’s ‘Shortsighted’ Decision
By Charles Kennedy - Oct 05, 2022, 12:00 PM CDT

https://oilprice.com/Energy/Energy-General/White-House-Disappointed-With-OPECs-Shortsighted-Decision.amp.html

A White House statement following the OPEC+ decision to defy the Biden administration with an output cut for November vows to find new ways to temper OPEC’s control over energy prices. 

Earlier on Wednesday, members of OPEC+ said they would cut November production quotas by 2 million bpd, citing the “uncertainty that surrounds the global economic and oil market outlooks”. 

The decision immediately led to a more than 2% increase in Brent crude and WTI prices and goes directly against the Biden administration’s attempts to lobby Saudi Arabia for higher production to bring prices down. 

Shortly after the release of an OPEC+ press release detailing the output cuts, the White House said, “In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices.”

Posted by bullmarket1628 > 2022-10-06 08:00 | Report Abuse

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted
By Ahmad Ghaddar, Alex Lawler and Rowena Edwards
October 6, 2022 4:33 AM GMT+8Last Updated 17 min ago

https://www.reuters.com/business/energy/opec-heads-deep-supply-cuts-clash-with-us-2022-10-04/

VIENNA/LONDON, Oct 5 (Reuters) - OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.
OPEC's de-facto leader Saudi Arabia said the cut of 2 million barrels per day (bpd) of output - equal to 2% of global supply - was necessary to respond to rising interest rates in the West and a weaker global economy..

Posted by bullmarket1628 > 2022-10-08 07:39 |

Post removed.Why?

Posted by cK1973 > 2022-10-12 17:38 | Report Abuse

cantik ......
tunggu at 95 dulu....
c u there ....

Posted by syahmir > 2022-10-26 14:14 | Report Abuse

nice, gain already lol.

Posted by joyvest > 2022-10-26 15:28 | Report Abuse

what the hell is going on?

Posted by MoneyMakers > 2022-10-29 14:43 | Report Abuse

High oil price environment - top pick 4 many IBs

Posted by King_trader_shadow > 2022-10-30 07:10 | Report Abuse

Why dayang is better than Hib? I really wonder how

Posted by starhock > 2022-10-30 15:19 | Report Abuse

1.50 coming

Posted by Vicky > 2022-10-31 11:16 | Report Abuse

Becareful. We are in a brink of recession. Oil will slide and caught in a trap. GE15 will cause another slide

Posted by MoneyMakers > 2022-11-01 10:30 | Report Abuse

Dayang benefit petronas higher capex (more proj/service)

Hib benefit high oil price (upstream oil producer)

Both excellent fundamentals

Posted by hng33 > 2022-11-02 15:16 | Report Abuse

bought Dayang at 1.21

Posted by hng33 > 2022-11-07 16:27 | Report Abuse

add all balance capital to Dayang at 1.22-1.24

Posted by hng33 > 2022-11-11 14:58 | Report Abuse

Coming Q result, Dayang will report very excelent result due to ramp up asctivities and higher vessel utilization

Posted by MoneyMakers > 2022-11-11 16:04 | Report Abuse

Start week strong but weak ending

Need catchup with Hib/Armada

Posted by hng33 > 2022-11-14 12:03 | Report Abuse

Foreign fund is buying.

Posted by 8u29song > 2022-11-15 09:36 | Report Abuse

FIL ASIA HOLDINGS PTE. LIMITED 20/10/2022 Acquired 58,600,100

Posted by 8u29song > 2022-11-15 09:37 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD0 9/11/2022 Acquired 259,000 -
2. 09/11/2022 Acquired 210,000

Posted by Vicky > 2022-11-15 14:21 | Report Abuse

Too late. Global O

Posted by Vicky > 2022-11-15 14:22 | Report Abuse

EPF will loose money soon like in Serba Dinamik

Posted by syahmir > 2022-11-15 19:51 | Report Abuse

So slow

Posted by 8u29song > 2022-11-17 09:29 | Report Abuse

good QR maybe....

Posted by zeroxweng > 2022-11-17 19:12 | Report Abuse

Good...3 consecutive quarter improving in both revenue and net profit

Posted by Paul5838 > 2022-11-18 08:06 | Report Abuse

Dayang Enterprise announced 3Q results. Cumulative profit of Rm 100+ millions. Earning per share shot up to 9+sen. Declaring single tier interim dividend Rm0.015.

Target price going to be raised to Rm1.50 now?
Now trading at Rm1.28.
Recent intraday high is Rm1.30.

Posted by 8u29song > 2022-11-19 07:20 | Report Abuse

goooood...

Posted by hng33 > 2022-11-21 10:00 | Report Abuse

took profit at 1.28

Posted by hng33 > 2022-11-21 11:46 | Report Abuse

took balance profit at 1.30-1.32

Posted by Paul5838 > 2022-11-21 13:17 | Report Abuse

Today Kenanga raised target price to Rm 1.70!

Posted by Paul5838 > 2022-11-21 13:21 | Report Abuse

Dayang Enterprise Holdings - How Dayang Got Its Groove Back
Date:
2022-11-21
Firm:
KENANGA
Stock:
DAYANG
Price Target:
1.70
Price Call:
BUY
Last Price:
1.34
Upside/Downside:
+0.36 (26.87%)
DAYANG’s 9MFY22 results blew expectations away, thanks to higher work orders at its offshore maintenance coupled with stronger vessel utilisation. Looking ahead, we expect call-ups on work orders to escalate in tandem with the overall recovery in activity levels. We raise our FY22F/FY23F earnings by 36%/28%, lift our TP by 31% to RM1.70 (from RM1.30) and maintain our OUTPERFORM call.

Earnings well exceeded expectations. DAYANG’s 9MFY22 core net profit of RM111m blew expectations away. The number already surpassed our full-year forecast by 28%, and the full-year consensus estimates by 20%. The variance against our forecast came largely from higher work orders at its offshore topside maintenance (TMS), as well as strong vessel utilisation at its marine charter division.

Strongest set of earnings since the pandemic. 9MFY22 saw a YoY turnaround from losses, driven by the resurgence of demand for its offshore TMS work orders, while vessel utilisation for its marine charter has also surged up to 57%, versus 46% last year.

Outlook continues improving. While we may see seasonally weaker earnings for the upcoming two quarters due to the monsoon, we believe overall outlook for 2023 will continue improving from this year – premised on increasing demand for work orders leading to possible rate revisions, with activities likely to continue at an elevated level. This is further backed by DAYANG’s current order book of RM1.6b, which should provide ~2 years of revenue visibility.

Forecasts. Post results, we raise our FY22F/FY23F earnings by 36%/28%, to account for the stronger work orders from offshore TMS, as well as the stronger vessel utilisation for its marine charter.

Maintain OUTPERFORM. Following the earnings upgrade, our TP is also raised to RM1.70 (from RM1.30 previously), pegged to 15x PER on FY23F EPS, which is at a 25% discount versus the average valuation of offshore maintenance peers back in 2014 (being the last year in which Brent crude was trading above USD100/barrel, prior to the recent rally). A discount is applied versus valuations from the previous oil upcycle due to current business climate being much more demanding as clients currently are much more prudent in spending unlike the yesteryears. There is no change to our TP based on its 3- star ESG rating as appraised by us (see Page 4).

Overall, we like DAYANG given: (i) it is a beneficiary of the rising demand for offshore maintenance works in the coming few years, as guided in Petronas’ Activity Outlook, (ii) its market leading position within the offshore maintenance space with the highest market share as competitors are thinning out, and (iii) its improving balance sheet which is expected to turn into a net-cash position in the coming 1-2 years.

Risks to our call include: (i) a sharp decline in oil demand and prices if the global economy slips into a recession, (ii) non-renewal of licenses issued by oil majors, and (iii) the entrance of aggressive new players.

Source: Kenanga Research - 21 Nov 2022

Posted by Vicky > 2022-11-21 16:12 | Report Abuse

aiyoo...oil turun harga...risky...lerrr

Posted by MoneyMakers > 2022-11-21 20:08 | Report Abuse

Strongest oil ctr..love it

Posted by Vicky > 2022-11-21 22:36 | Report Abuse

aiyooo...oil sell down again. naik only temporary saja. cannot sustain

Posted by Vicky > 2022-11-24 08:06 | Report Abuse

Yup...oil will be below USD80 per barrel soon.

Posted by Vicky > 2022-11-28 10:16 | Report Abuse

Recession will reach to USD 50 per barrel.

Posted by MoneyMakers > 2022-12-01 23:31 | Report Abuse

Keep scaring ownself with nonsense (miss boat) while we keep printing money

Posted by fooming > 2022-12-05 11:11 | Report Abuse

CNBC in an interview that Goldman plans to "stick to our guns" with a forecast for $110-a-barrel Brent. That represents more than 30% upside from the current level of around $83.

Posted by goldmans > 2022-12-05 13:23 | Report Abuse

More to come

Posted by MoneyMakers > 2022-12-05 17:17 |

Post removed.Why?

Posted by Vicky > 2022-12-07 06:30 | Report Abuse

Oil colapse below USD80 as predicted. More bad news to come especially towards 2023

Posted by maxprofit2020 > 2022-12-07 09:35 | Report Abuse

EPF keep disposing dayang

Posted by maxprofit2020 > 2022-12-07 09:43 | Report Abuse

oil counters all panic selling this morning

Posted by Vicky > 2022-12-07 18:43 | Report Abuse

Guys...recession is inevitable. So oil is destined to collapse

Posted by MoneyMakers > 2022-12-07 20:25 | Report Abuse

Healthy correction after strong rally

Current oil level still fundamentally strong 4 capex/project

Posted by Vicky > 2022-12-08 04:54 | Report Abuse

Oil collapse further today....