T7 GLOBAL BERHAD

KLSE (MYR): T7GLOBAL (7228)

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Last Price

0.50

Today's Change

0.00 (0.00%)

Day's Change

0.495 - 0.50

Trading Volume

86,100


16 people like this.

8,908 comment(s). Last comment by fairyz 4 days ago

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-03-07 19:26 | Report Abuse

lol. u all better sell t7 immediately.. tomorrow gonna go 0.5

Posted by janetchiam8 > 2019-03-07 19:43 | Report Abuse

Huge Business Catalysts for T7Global and Pantech

1st we have the near completion of our huge Petronas-Saudi Aramco Oil Refinery (RAPID in Pengerang, Johor)
This will provide huge business potential and profits for companies like Pantech (specialty Steel Pipes and other parts for Oil & Gas industries) and T7Global Tanjung Offshore (for its O&G offshore expertise and services)

Now we are going to have 2 more multi billions Oil&Gas projects in Sabah and Johor (per reports below)

Sabah poised to be on world map with RM13 bil petrochemical plant plan
Durie Rainer Fong
-
March 6, 2019 8:21 PM
Burel is a partnership of Swiss, Saudi, Chinese and Malaysian interests.
“Chemicals have become Sabah’s single largest industrial sector going forward,” he said.
Brandtzag said according to a major study by the International Energy Agency (IEA), petrochemicals were becoming the largest driver of global oil demand, ahead of automobiles, planes and trucks.
“Petrochemicals are set to account for more than a third of the growth in world oil demand by 2030, and nearly half the growth by 2050, contributing to the production of nearly seven million barrels of oil a day by then.
“They are also poised to consume an additional 56 billion cubic metres of natural gas by 2030, and 83 billion cubic metres by 2050,” he said.
Newsbreak: Li Ka-shing-backed venture to build STS hub in Johor

Kamarul Azhar
/
The Edge Malaysia

March 04, 2019 17:00 pm +08

A new ship-to-ship (STS) marine gas oil (MGO) and marine fuel oil (MFO) storage and supply hub will be built off the Port of Tanjung Pelepas in southern Johor, say sources familiar with the matter. It is touted to be the largest in the world.
The construction cost of the hub — to be developed by little-known KA Petra Sdn Bhd, partnering Hong Kong tycoon Li Ka-shing’s Hutchison Port Holdings Ltd — is estimated at RM500 million, a Hutchison Port official tells The Edge.
Hutchison Port will have an up to 30% stake in the completed STS hub, the official adds. The project will have a gross development value of RM8 billion to RM12 billion.

Posted by Vincent_Tan > 2019-03-07 22:10 | Report Abuse

Now you know why I sold last year.

Posted by Vincent_Tan > 2019-03-07 22:12 | Report Abuse

[T7GLOBAL] Notice of Person Ceasing Substantial Shareholders - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN on 28-Jun-2018
Stock [T7GLOBAL]: T7 GLOBAL BHD
Announcement Date 28-Jun-2018
Substantial Shareholder's Particular:
Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
Details of Changes:
Currency -
Date of Change Type Number of Shares
25-Jun-2018 Disposed 3,680,000
Nature of Interest Direct Interest
Shares Ordinary shares
Reason Cessation as a substantial shareholder following the disposal of 3,680,000 shares in the open market
https://klse.i3investor.com/insider/substantialShareholderNoticeOfCeasing/7228/28-Jun-2018/11831_385390436.jsp

qqq3

13,202 posts

Posted by qqq3 > 2019-03-07 22:14 | Report Abuse

this calvin is trapped and needs your help...................

Posted by Nicholasming91 > 2019-03-07 22:14 | Report Abuse

Oi dont ddly la u

ramada

3,955 posts

Posted by ramada > 2019-03-07 22:25 | Report Abuse

One word only — TP for Dayang and T7 is RM4.00 and RM0.40.

qqq3

13,202 posts

Posted by qqq3 > 2019-03-07 22:27 | Report Abuse

by ramada > Mar 7, 2019 10:25 PM | Report Abuse

One word only — TP for Dayang and T7 is RM4.00 and RM0.40.
=========


possible.

Posted by George Chan > 2019-03-07 22:59 | Report Abuse

Wah. So many Aunties and Uncles here ah. But I can see some serious investors too.

calvintaneng

56,705 posts

Posted by calvintaneng > 2019-03-07 23:08 |

Post removed.Why?

Pisex

56 posts

Posted by Pisex > 2019-03-08 00:01 | Report Abuse

Seems that DrM has to agree with the ECRL contracts. Msia cant afford to compensate on such a huge debt. Hope this will bring good news to this counter..

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 00:10 | Report Abuse

Continue is better than paying hefty cancellation fees, obviously .

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:10 | Report Abuse

The recent speech few hours ago looks like ECRL akin to a cat on the wall. It may go both ways, we may not know. There is absolute to revenue from ECRL where Govt would be burdened to pay back for 40 to 50 years.

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-08 00:10 | Report Abuse

The picture is so clear already

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:11 | Report Abuse

PETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad says the government would give the East Coast Rail Link project the green light if China contractors agree to significantly reduce the price.

"If it must go on, the price must be affordable by us.

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:12 | Report Abuse

But on the other hand, if we build a railway line that is going to cost us a lot of money and give us no return, we just cannot afford to do that," he said.

Speaking to the foreign media during his trip in Manila, where he is meeting Philippine President Rodrigo Duterte, Dr Mahathir said the government does not have the money, and it cannot borrow large sums of money to build something which is not only would have no ROI (Return Of Investment), but “would take the country 40 to 50 years to repay the loans.”

"So, we want to avoid incurring debts; borrowing too much from the country.

"We have to look into the needs - do we need this railway line or not? We have had the west coast service by rail for more than 100 years. But, still it is not profitable.

"And the west coast is where all the businesss (and) all the people are," he said this in an interview, which is recorded by South China Morning Post.

Last year, Dr Mahathir was reported saying that the ECRL project needed to be cancelled because it was unnecessary and too expensive.

However, earlier this year, Dr Mahathir announced that plans to possibly revive the project with discussions, which have been led by Tun Daim Zainuddin, with the aim of reaching a smaller project size and cost.

Dr Mahathir also pointed out that the Chinese contractors do not want to stop the project, as it is good for their business.

When pressed by reporters on a price point at which Malaysia will say 'Yes' to the ECRL, Dr Mahathir merely replied, "Yes, yes there is, but I cannot reveal to you."

He also noted that the government is in the midst of negotiating the deal with them, pointing out that to cancel the project would cost the country a hefty price.

"We know that you can't terminate unilaterally a contract. You would have to pay compensation, and the compensations can be very big," he added.

The RM81bil ECRL project was approved by the Cabinet under former prime minister Datuk Seri Najib Tun Razak in October 2016.

The construction was to be handled by China Communication Constructions Company Ltd (CCCC), while the financing was to be provided by Export-Import Bank of China (Exim Bank of China).

Malaysia would be able to secure part of the loan from Exim Bank of China, on the condition that CCCC builds the railway.

The 688km rail link, if built, will connect Port Klang in Selangor with Pengkalan Kubor in Kelantan, and will be constructed in two phases.

qqq3

13,202 posts

Posted by qqq3 > 2019-03-08 00:12 | Report Abuse

what has T7 got to do with ECRL?

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 00:15 | Report Abuse

Do ur homework la adui

qqq3

13,202 posts

Posted by qqq3 > 2019-03-08 00:15 | Report Abuse

nckcm > Mar 8, 2019 12:15 AM | Report Abuse

Do ur homework la adui
===========

just warning u..............

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:18 | Report Abuse

Ask Calvin. You didn’t read all he wrote all this while. I have memories all. Day in day out so much about 3 storey buildings near station and appreciation of farm land etc etc. You don’t know meh?

qqq3

13,202 posts

Posted by qqq3 > 2019-03-08 00:20 | Report Abuse

calvin? His imagination runs ahead of reality............

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:24 | Report Abuse

This ECRL is like Bandar Malaysia story.Little while IWcity will shoot up and then Malton will go up. Iwc will go down then Ekovest will go up. Then Wanda Dalian not good term with China govt, then Botak Lim don’t like Ajib. Then all counter die and I also die. Ha ha ga

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:28 | Report Abuse

This ECRL is do or die mission. In Bandar Malaysia many were killed. I don’t know my fate in ECRL. I got AZRB and T7z

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 00:34 | Report Abuse

If ecrl 100% cancel, trust me, market collapse because of this 60 bil contract. Although halve the price, still, pay for nothing

qqq3

13,202 posts

Posted by qqq3 > 2019-03-08 00:51 | Report Abuse

but really what has T7 got to do with ECRL?....its all in someone's imagination.

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 00:54 | Report Abuse

Ministry hopes to seal revised ECRL deal by April
The final decision on the East Coast Rail Link (ECRL) will likely be finalised in April, following possible further cost reduction by the Chinese government, Finance Minister Lim Guan Eng said.
“I think the prime minister (Tun Dr Mahathir Mohamad) had mentioned some price reduction and we are still discussing and hope these discussions can be carried out quickly, hopefully in time for Tun Mahathir’s visit to China in April,” he said after launching the Industry Digitalisation Transformation Fund recently.
The ECRL, launched by former prime minister Datuk Seri Najib Razak, comes with a hefty price tag of RM55 bil. The agreement for the passenger and cargo railway line stretching 688km was signed in October 2017 and set for completion in 2024.
The ECRL is being reviewed by the government with negotiations ongoing between Malaysia and China.
However, following discussions with the contractor, Mahathir said the project could still be carried out at a cost of RM35 bil.
So far, the government has paid RM200 mil in interest, based on the RM55 bil loan taken from China Communications Construction Company, which is the main contractor of the ECRL.
“This money should be used to help the people but was used to pay debts left behind,” Mahathir was quoted as saying at a media conference after opening National Landscape Day at the Botanical Garden in Putrajaya recently. FocusM

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-03-08 07:40 | Report Abuse

qqq3 , go to Google and type t7global ecrl. don't be a retard here

calvintaneng

56,705 posts

Posted by calvintaneng > 2019-03-08 08:25 | Report Abuse

Good morning all

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 08:34 | Report Abuse

Today is the day

Bull

1,361 posts

Posted by Bull > 2019-03-08 08:45 | Report Abuse

morning all. Believe in calvin believe in T7 .

invest before others see value in it

do more homework

Posted by Vincent_Tan > 2019-03-08 08:55 | Report Abuse

Sell. Buy back below 40 sen.

lancetsy

57 posts

Posted by lancetsy > 2019-03-08 09:02 | Report Abuse

http://news.dwnews.com/global/news/2019-03-05/60121805.html
This seems positive for the ECRL deal.

calvintaneng

56,705 posts

Posted by calvintaneng > 2019-03-08 09:03 | Report Abuse

Calvin told his friends to buy Penergy at 75 sen

Many bought

Some hold Penergy tightly until now

Some sold at 90 sen and thought penergy will drop then buy back.
In stead Penergy shot to over Rm1.10
So they go buy T7 Global

And some thought Penergy at 75 sen was expensive because it already went limit up from 42 sen & so missed the boat

So there will be all kinds of people reacting differently to T7 Global

To each your own decisions

Have a nice and profitable day

Posted by Chengheng Lee > 2019-03-08 09:07 | Report Abuse

T7 gogogo up

huathuat11

256 posts

Posted by huathuat11 > 2019-03-08 09:29 | Report Abuse

need more energy

ANALyst

2,808 posts

Posted by ANALyst > 2019-03-08 09:31 |

Post removed.Why?

Tripaka

2,961 posts

Posted by Tripaka > 2019-03-08 09:31 | Report Abuse

60, not so fast.

Bull

1,361 posts

Posted by Bull > 2019-03-08 09:34 | Report Abuse

Sold. Good bye guys have a nice day. something is not right

qqq3

13,202 posts

Posted by qqq3 > 2019-03-08 09:36 | Report Abuse

by Veron_teo > Mar 8, 2019 07:40 AM | Report Abuse

qqq3 , go to Google and type t7global ecrl. don't be a retard here
===========

MOU? u know how people many died in Bursa due to MOU?

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 09:38 | Report Abuse

Hahah saw u sold at 0.535

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-08 09:43 | Report Abuse

AZRB NAIM & PENERGY going up now attest to Calvin's CHUN CHUN calls. Next one to go is T7.

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 09:44 | Report Abuse

U can see how much banker us collecting from contra, so happy

27055825

1,469 posts

Posted by 27055825 > 2019-03-08 09:51 | Report Abuse

Did anyone here buy Fajar that I recommended 2 days ago????

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 10:27 | Report Abuse

0.55 queing all bankers ticket, time to fly

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-08 10:30 | Report Abuse

Take out 55 and it will fly

Posted by CHENG085792 > 2019-03-08 10:34 | Report Abuse

0.555 again

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-08 10:35 | Report Abuse

ECRL the catalyst, will make it fly

nckcm

2,726 posts

Posted by nckcm > 2019-03-08 10:37 | Report Abuse

Who sold off ah..

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-03-08 10:39 | Report Abuse

If it breaks 55 cent, then it is a straight go.

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