Posted by azta12 > 2019-05-21 09:03 | Report Abuse

collect and hold

Posted by sheep > 2019-05-21 09:08 | Report Abuse

if 30sen support broken, should go down to next strong support at 0.235

Posted by VenFx > 2019-05-21 09:48 | Report Abuse

Rubbing my eye !
No limit down ?

Posted by Goldensnow > 2019-05-21 12:21 | Report Abuse

yeah. me too waiting for limit down. no show.

Posted by Depeche > 2019-05-21 13:48 | Report Abuse

Can buy after RI if interested...no rush...anything above 0.30 will be considered high now.

Posted by SuperPanda > 2019-05-21 14:49 | Report Abuse

and from now onwards might see roller coaster trend, pump and dump, pump when good news, dump back later

Posted by Goldensnow > 2019-05-21 17:26 | Report Abuse

down 10%? lets see on Thursday if it recovers?

Posted by birkincollector > 2019-05-21 17:46 | Report Abuse

bad results........habis

Posted by Depeche > 2019-05-21 18:03 | Report Abuse

Made losses this quarter..

Posted by stock_investor > 2019-05-21 18:05 | Report Abuse

I has been working in oil and gas industry for past 5 yrs. Moving from consultancy up to contractor company. I can only say perdana and dayang belongs to extreme cyclical maintenance company. Once their mantainance contract finish which last 6 to 8 months, then profit will shrink tremendously. They are not like armada and sapura that have contracts last for few yrs.

Posted by OrlandoOIL > 2019-05-21 18:10 | Report Abuse

Hard to do ler tis biz

Bad weather months cannot do much

Good months only so much tat one can possibly do

If fleet is expanded to cover good months thn they will b idle in bad months

How to do tis biz?

Posted by Goldensnow > 2019-05-21 18:16 | Report Abuse

But losses compared from last year reduced?

Posted by Henry8833 > 2019-05-21 18:18 | Report Abuse

This quarter no good is because of the following as seen in "prospects" of the quarterly announcement:

While Perdana Petroleum reported losses for the first quarter of 2019, this came as no surprise as
our chartering business is typically negatively affected by the inclement weather at the beginning
of the year. Nevertheless, we are encouraged by the year-on-year improvement in our financial
performance in the first quarter of 2019 which has seen a marked reduction in the losses.

Posted by Henry8833 > 2019-05-21 18:20 | Report Abuse

Prospects
While Perdana Petroleum reported losses for the first quarter of 2019, this came as no surprise as
our chartering business is typically negatively affected by the inclement weather at the beginning
of the year. Nevertheless, we are encouraged by the year-on-year improvement in our financial
performance in the first quarter of 2019 which has seen a marked reduction in the losses.
Despite the seasonally slower quarter, our quarterly revenue grew by 35% year-on-year as our
vessel utilisation improved to 36% as compared to 27% in the first quarter of 2018. We believe
that the ramp-up of work orders and the increase in charter contracts in the subsequent quarters
will bode well for our vessel utilisation and help us to attain better profitability for the current
financial year.
Going by the work schedule for our major shareholder, Dayang group which is also our key
client, we expect a robust activity level to be sustained for the remaining of 2019 which will
result in higher demand for our vessels, thanks to the high number of vessels that have been
earmarked for Dayang’s offshore maintenance and hook-up contracts with various oil majors.
We believe 2019 will be an inflection point for Perdana to turn around its business after
weathering various challenges over the past few years. We believe that our streamlined
operations and the synergistic collaboration with Dayang group will help us to emerge stronger
going forward.

Posted by Henry8833 > 2019-05-21 18:21 | Report Abuse

Investors especially retail investors will react negatively based on current results rather than mid term prospects...

Posted by OrlandoOIL > 2019-05-21 18:23 | Report Abuse

Quater dead is better thn half dead?

Posted by Henry8833 > 2019-05-21 18:57 | Report Abuse

Today price already drooped 10%, more or less reflected the poor quarterly results. Big boy will not let it drop more otherwise RCPS will be no meaning if selling price too low. Plus, mgt already guided that results expected to be better for remaining 2019 and first quarter is seasonally slower quarter affected by monsoon.

Posted by Goldensnow > 2019-05-21 19:29 | Report Abuse

Compared to last years Q result this year is not too bad la. Should be good results this year 2019 with all jobs in hand and debt clearing meassures.

Posted by Lol > 2019-05-21 19:38 | Report Abuse

blame weather meh....why dont blame yourself never get more business.Look at past, after right issue u still show ur dead face now

Posted by BlessedInvestor > 2019-05-21 20:42 | Report Abuse

https://www.theedgemarkets.com/article/perdana-petroleum-narrows-1q-loss-higher-utilisation-rate

More professional and balanced report

Posted by CITADEL > 2019-05-21 20:46 | Report Abuse

ya la good result la not too bad result la, tomolo limit up then?

Posted by Goldensnow > 2019-05-21 21:01 | Report Abuse

Tomorrow public holiday. Haha

Posted by T800Terminator > 2019-05-21 22:21 | Report Abuse

The strongest support still is 0.175.

Posted by VenFx > 2019-05-21 22:36 | Report Abuse

Die lor,
1qtr result
wallop d whole year profit.

Posted by naik23 > 2019-05-22 10:46 | Report Abuse

Up up up

Posted by SuperPanda > 2019-05-22 12:19 | Report Abuse

with sloppy result and RI, cannot expect much.. see next time

Posted by sheep > 2019-05-22 12:26 | Report Abuse

when lost making perdana price shoot up from 20sen in Jan to above 50sen in March...someone is playing the fool. Time to quit then..
Wait for it to drop to 23 then only consider....wakakaka

Posted by azta12 > 2019-05-23 09:04 | Report Abuse

collect and hold

Posted by toto > 2019-05-23 09:58 | Report Abuse

More droppings coming.........

Posted by Goldensnow > 2019-05-23 09:58 | Report Abuse

azta12. good move

Posted by Secret > 2019-05-23 10:25 | Report Abuse

Let move up to 0.295!

Posted by jasontan1177 > 2019-05-23 11:13 | Report Abuse

people already dump at 35 and above la

SuperPanda and from now onwards might see roller coaster trend, pump and dump, pump when good news, dump back later
21/05/2019 2:49 PM

Posted by VenFx > 2019-05-23 12:09 | Report Abuse

Perdana 的holders 看来还蛮有底气下
问题可以 支撑多久?

当dayang一面到的话
是不是 母股可以考虑了 ?

Posted by VenFx > 2019-05-23 12:10 | Report Abuse

Preserve your capital first,
Can always come back post r.i.

Posted by InvestorKING > 2019-05-23 12:20 | Report Abuse

Buy super undervalued stock: bumi Armada

Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36

But the big shark still collecting the super cheap shares around 0.18 to 0.19

But before Armada being awarded the court winning for Woodside claim, 20cents gap up, that time will worth for 0 50+++

Posted by SuperPanda > 2019-05-23 14:33 | Report Abuse

at 0.35 is at high side bcoz ma200 before pump was below 0.20

Posted by Will76 > 2019-05-23 14:47 | Report Abuse

0.22 coming soon?

Posted by Goldensnow > 2019-05-23 15:32 | Report Abuse

everything also down. zzzzz

Posted by T800Terminator > 2019-05-23 20:44 | Report Abuse

Is 0.175 soon.

Posted by SuperPanda > 2019-05-23 23:25 | Report Abuse

if all rcps converted, total shares become 2.7b, with est annual earnings ave at 40m (10m every qtr), eps will be 0.015

Posted by Superb99 > 2019-05-24 00:25 | Report Abuse

This trade war is going to kill all markets

Posted by ProsperousRealm > 2019-05-24 10:03 | Report Abuse

Nope. Not at all.

It is actually going to be good for ASEAN economies, including Malaysia. China is going to buy more essential goods, like palm oil for instance, because they're going to buy less American soya as part of their retaliation.

And who knows, US might even be sourcing more consumer goods from Malaysia, because China goods are going to become more expensive for them.

Posted by Johnwick3709 > 2019-05-24 10:46 | Report Abuse

Is now good time to in?

Posted by InvestsucessTrader > 2019-05-24 16:24 | Report Abuse

Drops from 0.55-0.25, maybe can lower,

Posted by Johnwick3709 > 2019-05-24 19:14 | Report Abuse

Bustaotb what is the tp in coming months..

Posted by T800Terminator > 2019-05-24 22:08 | Report Abuse

Tp 0.175

Posted by freddiehero > 2019-05-25 09:49 | Report Abuse

u r done to break 0.30

Posted by freddiehero > 2019-05-25 09:50 | Report Abuse

lets break jackpot price 0.10

Posted by OrlandoOIL > 2019-05-25 11:54 | Report Abuse

As more details r available

Try to crack ur head on cost of borrowings vs cost of equity

Posted by OrlandoOIL > 2019-05-26 11:02 | Report Abuse

Since announcements so far Dayang -30% Perdana -22%...