Since all the my Energy Battleships are now on full speed, it’s time to secure the final business segment of the Oil & Gas Supply Chain. Today I'm on board the HengYuan Battleship. HengYuan was formerly known as Shell Refinery. Collected few batches this morning and afternoon. Thanks to current negative news, bought an average price of RM 3. Last year she was trading at RM 6. All my Fishing baits today were snapped since I usually don't queue when I'm on my Hunting Mode. Since all my Battleships are name after the ships in Pirates of the Caribbean, I'm going to call her Golden Yuan.
100+ years of market history tells us that the best time to go out and scour the market for hidden opportunities is when the stock market has fallen hard. This War on Terror is a catalyst, all you need is to react to it..
newbie9999 how is this stronger than velesto??? my god this is bad 07/04/2020 5:42 PM
One of my motivation for keeping Armada in my collection of Battleships is because of it's the only ship with FPSO capabilities and you know very well that FPSO is a growing business and not dependent on Malaysian Business. Armada is a Global Players. So I actually have two choices...Armada and Yinson..
Orderbook: Armada(17.5+10Bil), Yinson (est RM40bil) Core Profit - 53mil - RM90.9mil (Can check the IB Report) PE : Armada(0.31/0.04 = 7.75X), Yinson (7/0.2216 = 31.5X) Price to book value : Armada (0.3/0.55 = 0.55X), Yinson (7/1.58=4.43X) Current Ratio: Armada (2.24/2 = 1.49X, Yinson (2.27/1.25 = 1.86X) Total Ratio: Armada(14Bil/9.5 = 1.47X), Yinson (9.5/5.58 = 1.7X)
Compliments from RJ87. This 2 company are quite similar. If u don't like the debts, you discount 50% from Market Cap. Armada at least worth RM4bil at 60sen. If you don't want discount from market cap. Discount from 70% from earnings, at PE 12 is 48sen. Yinson can go buy premium. Come to Armada, discount this discount that.
In term of ranking
Armada in sitting in P3 while Velesto is sitting in P8 in term of margin in my Armada Fleets of Battleships.
WTI price below 50 USD will impact OIL GAS company fundamental will deteriorate make many oil and gas company future financial from profit turn to heavy losses .If the company with high debt will face collapse or bankruptcy in future.
Market money would not flow in oil and gas stock because everybody scare buy this trouble sector company they have huge debt will face collapse or bankruptcy in future .Expect local and foreign funds money would not flow in oil and gas stock because everybody scare buy losses money . so now no prospects cannot buy and hold oil and gas company.
High debt company cannot buy ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just buy LOW PRICES stock and CASH RICH COMPANY. This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheaper stocks ,market will GORENG lows price stock at BOTTOM.
If you are betting on oil price to increase after OPEC meeting, you better be careful with the optimism. With the imminent serious recession that's coming (just watch the alarming unemployment rate around the globe right now), the massive reduction in oil production is not going to catch up with the massive reduction in demand of oil due to severe economy recession (just watch the recent piled up crude inventory, it is very alarming). There has been 30% drop in demand for oil recently and it is going to be more in future as economy worsens.
So all in all, after OPEC meeting, if they all agree to oil production cut, the oil price may most probably stabilize at current low price, probably a small temporary bump, or doesn't drop much. But if they don't come up with a deal after the meeting, oil price will probably drop below USD20/b
There u go like the stimulus oil at high price is good for economy and also reduces mo ement of people as it would years to decide how to decide the fate of covid relapse case as now you cant meet sick people u can kill them no murdee charge. Purge.
All need current rates to be profitable even wti so 50 and above is needed for expansion capex. So no more exploration capex mostly except india china. 35 to 40 is excellent.
ANKARA Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices. International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel. American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel. The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market. Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market. Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002. The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.
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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....
apanama
3,796 posts
Posted by apanama > 2020-04-07 12:22 | Report Abuse
Dow Jones looks like to test 25,000..FBMKLCI sure follow and traded above 1400..so ARMADA? definitely beyond 0.20...Go Armada Go..