unrealised foreign loss RM4.3 million. additional one time write down of plant, property& equipment RM10.9 million. total RM15.2 million. otherwise, already profitable. read pg 17 of 1st QR.
No Hope, Oil price plummeted to $40, took less than 12 hours to down 5% but takes the whole week to reach $43... it's fragile/volatile industry as for now, from the news the major drilling company needs to be shut down or reduced their wells usage, this is a good sign for small companies like Perdana and the rest of the fleet cause there's a cheap sales of drilling equipment from the supermajor companies to offset the debt.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 276 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11439 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
newbe
1,299 posts
Posted by newbe > 2020-06-23 08:50 | Report Abuse
oil price jumps......O & G sector shall rise.....