Posted by Mikecyc > 2020-03-27 06:37 |

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Posted by Mikecyc > 2020-03-27 06:38 |

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Posted by bee7 > 2020-03-27 11:39 | Report Abuse

Guys, let’s hope for the best

Posted by Mikecyc > 2020-03-29 22:51 |

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Posted by jjohnchew > 2020-04-06 08:37 |

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Posted by rogers123 > 2020-04-06 11:25 | Report Abuse

Hahaha. T7 the worst performance stock in OIL industry. Calvin's choice

Posted by Vincent2002 > 2020-04-12 09:55 | Report Abuse

Agree....

Posted by Mikecyc > 2020-04-15 20:03 |

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Posted by Johnchew5 > 2020-04-24 21:52 | Report Abuse

Petronas shuts down 14 projects until oil price recovers
April 24, 2020 @ 10:07am

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is said to have reduced the number of its fully active rigs from 18 to four since oil price began dropping late last year.

The national oil company had shut down or warm-stacked 14 projects until oil price recovers to break even levels, an industry publication reported, quoting sources.
Warm-stacking involves temporarily shutting down operations but maintaining minimal activity as a cost-saving measure.
"Petronas is unable to maintain its operation at the current price because its rigs are mainly in deepwater, which are more expensive to run," the report said, putting the break even level at around US$70 a barrel.
Petronas did not respond to the New Straits Times' queries at press time.
Petronas' purported cost-cutting measure reflects the sentiments of the global oil and gas industry.

Posted by calvintaneng > 2020-04-25 15:51 | Report Abuse

Petronas shut down 14 oil rigs?

It's back to square one for oil rig related company like Velesto which rent oil rigs to Petronas

For T7 global it is not affected by oil rigs as it is doing subsea maintenance job

Look at it this way

A fishing company located near seaside has many division of labour

1. A factory to process fish

2. A fishing fleet of vessels going to deep sea to catch fish

Now fish prices have crashed below cost of fishing

So just stop going out to deep sea and fish
No.1. (Velesto extract oil. Cost of oil extraction is usd70. Price now Usd25. So say bye bye to velesto . Sayonara

No.2. The factory?

Factory is asset. So just maintain it till fish prices rebound

T7 is maintaining the Subsea facility

So T7 very ok

Should you buy T7 global now?

No need as price will remain status quo

NOW GLOVE IN BULL RUN

So we go buy Glove stocks like Es_ceramic now.
Es_ceramic will make more money so that with the PROFITS we can buy more T7 later

Posted by Johnchew5 > 2020-04-27 10:50 | Report Abuse

calvintaneng Hi guys

Last year when oil was usd60 to Usd70 many countries including Petronas saw oil counters going into bull run like dayand carimin (currymee) penergy and uzma all up from 300% to 600%

Oil then Was Usd60 to Usd70 Was the strong CATALYST

Now oil crashed 60% to only Usd22. So game over for oil

THE CATALYST NOW IS COVID 19

Posted by Johnchew5 > 2020-04-27 10:50 | Report Abuse

So sell loh ..

Posted by rogers123 > 2020-04-30 12:40 | Report Abuse

T7global is useless ler. Don buy. Wasting time.

Posted by bee7 > 2020-04-30 15:12 | Report Abuse

Yeah, wasting time and energy

Posted by char1234 > 2020-04-30 15:31 | Report Abuse

time not right.Go for Gloves and chemicals ..

Posted by rogers123 > 2020-05-06 09:05 | Report Abuse

T7 gogogogo

Posted by bee7 > 2020-05-15 18:00 | Report Abuse

Gogogo T7

Posted by bee7 > 2020-05-18 15:46 | Report Abuse

Lembap

Posted by rogers123 > 2020-05-18 21:13 | Report Abuse

Orang tua mah

Posted by bee7 > 2020-05-19 13:54 | Report Abuse

Orang tua mula melangkah sikitx2

Posted by rogers123 > 2020-05-19 14:40 | Report Abuse

nanti akan jatuh, tak ada stemina

Posted by bee7 > 2020-05-19 14:56 | Report Abuse

Jangan lah, kasi jln jauh sikit, harap2x paderi tak datang buat iklan kat sini, boleh jln jauh sikit

Posted by bee7 > 2020-05-19 16:06 | Report Abuse

Wah, mcm sudah betul2x mari

Posted by Hui_k_c > 2020-05-19 16:30 | Report Abuse

Sifu Calvin what do you comment to sell or hold tight. Pls advise

Posted by rogers123 > 2020-05-19 19:22 | Report Abuse

Sifu calvin will ask you to add more....

Posted by Secret > 2020-05-19 23:00 | Report Abuse

Bought last time at 0.6! Hope can move up to 0.63 atleadt

Posted by bee7 > 2020-05-19 23:04 | Report Abuse

Let’s hope for the best, Secret!

Posted by daretocutandchange > 2020-05-19 23:52 | Report Abuse

this company recently grabs alot contracts from petronas carigali with long term period, provide more than 2-4years contract,company and substantial shareholder buy back alot of shares during correction time.it may be a star of oil n gas.buy on weakness and be patient.

Posted by Albukhary > 2020-05-20 01:55 | Report Abuse

Today most O&G counter drop, but this one still surge up..
Maybe this could be the leader for this round of O&G trend.
Will test 52 weeks high (53 sen) within this two weeks.

Posted by littlebeetle > 2020-05-20 06:45 | Report Abuse

https://www.theedgemarkets.com/article/t7-global-bags-over-rm140m-worth-jobs

Posted by bee7 > 2020-05-20 12:48 | Report Abuse

Hmm, one day show again

Posted by liewwl2004 > 2020-05-20 15:19 | Report Abuse

Have big contract also can't go up. Strange

Posted by Value888 > 2020-05-20 16:16 | Report Abuse

sold T7 & entered Yinson. Tomorrow will be worse.

Posted by dlau8899 > 2020-05-20 22:52 | Report Abuse

Going up 0.47

Posted by bee7 > 2020-05-20 23:53 | Report Abuse

0.63 better

Posted by Albukhary > 2020-05-20 23:54 | Report Abuse

Tomorrow will break 47sen.

Posted by rogers123 > 2020-05-21 00:40 | Report Abuse

0.80 better. Hahahaha

Posted by bee7 > 2020-05-21 10:35 | Report Abuse

Lembap again

Posted by rogers123 > 2020-05-21 12:03 | Report Abuse

Is Calvin Favorite, and also the worst oil & gas stock's performance