Posted by rohank71 > 2024-02-20 15:22 | Report Abuse

63 is next resistance.

Posted by zonefinder > 2024-02-20 15:23 | Report Abuse

Lets see if can hold above 60 today

Posted by Ninja _07 > 2024-02-20 15:25 | Report Abuse

Dialog also shoot up

Posted by zonefinder > 2024-02-20 15:34 | Report Abuse

Dayang as well

Posted by nikicheong > 2024-02-20 15:35 | Report Abuse

False alarm, looks like a pump scheme across the sector in KLCI.

Posted by nikicheong > 2024-02-20 15:35 | Report Abuse

Got me excited and hopeful for a while there!

Posted by TimCoke > 2024-02-20 15:37 | Report Abuse

guess, who are those buying today

Posted by rohank71 > 2024-02-20 15:42 | Report Abuse

breaking past high of 58.5 is already a good sign. keep fingers crossed for an uptrend chart.

Posted by KimSua > 2024-02-20 15:45 | Report Abuse

KLSE bull is back.. Easier to make money now :) Cheers, CNY bull, never seen this for ages!

Posted by Felix888999 > 2024-02-20 15:56 | Report Abuse

You guys have to thank Dialog today. One stock pull up entire sector!

Posted by Felix888999 > 2024-02-20 16:02 | Report Abuse

Sold one batch 0.595. 😁
开工大吉!!!

Posted by Felix888999 > 2024-02-20 16:13 | Report Abuse

Oil and gas counters Ong because expected good result like Dialog today?

Bumi QR result kambing next week!

Posted by nikicheong > 2024-02-20 16:18 | Report Abuse

Felix, this week or next week?

Posted by Felix888999 > 2024-02-20 16:22 | Report Abuse

Last year announcement was 26th Feb. So I guess QR out next week. Hopefully my 2nd batch going out next week ✌✌✌✌.

Today`s 0.595 I queue sell before CNY for ang pow. Finally today 开工大吉!!!🤣🤣🤣🤣🤣

Posted by Gabriel Khoo > 2024-02-20 18:41 | Report Abuse

28/2

Posted by Felix888999 > 2024-02-20 18:53 | Report Abuse

Aiyoh 28/2 too late. CNY goreng ending loh.

Posted by OrlandoOilWeb3AI > 2024-02-20 19:14 | Report Abuse

Today Houthi downed a multi million $ US drone and blew a big hole on a UK vessel

Bad blood ain't gonna end soon

Posted by nikicheong > 2024-02-20 19:46 | Report Abuse

Gabriel, is that a guess or you checked with IR?

Posted by Gabriel Khoo > 2024-02-20 20:36 | Report Abuse

From PIB

Posted by Ravi1969 > 2024-02-20 21:54 | Report Abuse

Uzma just released great results expecting the same

Posted by Felix888999 > 2024-02-20 22:13 | Report Abuse

USD 80 is a sweet spot for oil and gas industry. The 2013 / 2014 peak is coming.

Posted by adikkici > 2024-02-21 16:44 | Report Abuse

Very stubborn.. many o&g counter rise up. But this very slow

Posted by nikicheong > 2024-02-22 09:28 | Report Abuse

ConocoPhillips is ready at last to start a FEED competition for a floating production unit at the Salam-Patawali oil project offshore Sarawak, Malaysia.

ConocoPhillips has worked quietly on this project for some years, with its efforts last year focused on pre-FEED technical studies performed by floating production, storage and offloading specialists, according to Kuala Lumpur sources.

Market suggestions were that Malaysia's MISC, Dutch company Bluewater and a few other contractors had been engaged in last year's pre-FEED work.

Now, the focus has turned to a FEED competition to be performed by a minimum of two parties, with ConocoPhillips currently going through the process of selecting those companies.

All the top-tier Malaysian FPSO companies are keen on a new contract with a quality client, including BumiArmada with its Indian partner Shapoorji Pallonji Energy, MISC and
Yinson Holdings, all of which are currently wrapping up the delivery of FPSOs on their books.

Other Malaysian companies like MTC Engineering are also keen, while Bluewater is in the mix too.

https://www.upstreamonline.com/exclusive/eagerly-awaited-malaysian-floater-project-advancing-as-oil-giant-narrows-contractor-field/2-1-1601411

Posted by Felix888999 > 2024-02-22 10:03 | Report Abuse

0.60 already broken, next challenge 0.70 close up the previous gap after the QR release. Ji bai hoseh liao!

Posted by nikicheong > 2024-02-22 10:27 | Report Abuse

Just got confirmation that Q4 2023 results will be released at 12.30pm on 28th Feb 2024.

Expectations would be of a net profit of ~RM200mil to RM220mil (after stripping off any one-offs). Anything above can be said to be a bonus, anything below will be a disappointment as the Kraken FPSO was back to 100% during the whole quarter.

Posted by nikicheong > 2024-02-22 10:35 | Report Abuse

But again, profits mean nothing really. With sustained "good" profits, the company will probably head closer to 70 sen. But to go beyond that (looking at RM1.00 and above), the mantra is "new contracts, new contracts, and new contracts". Can't run away from that.

Posted by Sslee > 2024-02-22 10:51 | Report Abuse

Me already sold down Armada and switch to Yinson.

the mantra is "new contracts, new contracts, and new contracts". Can't run away from that.

Posted by rohank71 > 2024-02-22 11:08 | Report Abuse

tq Niki

Posted by Eric Lim > 2024-02-22 16:55 | Report Abuse

prepare to fork out more money for right issue to fund new projects, good luck sslee

Posted by Robert Waters > 2024-02-26 09:02 | Report Abuse

Good morning and good week everyone.
Hope we hear about new contract here this week.
Analyst should ask about those on the topic of future projections.

Posted by lloydlim > 2024-02-26 14:59 | Report Abuse

Time to accumulate!

Posted by TimCoke > 2024-02-27 10:34 | Report Abuse

575 gogogo

Posted by Gabriel Khoo > 2024-02-27 17:34 | Report Abuse

https://www.ogv.energy/news-item/enquest-seeking-production-boost-from-north-sea-kraken-area

Posted by Robert Waters > 2024-02-27 20:48 | Report Abuse

An interesting point, Enuest lost arbitration case and now had to deposit some RM 70 mln to file an appeal. I think Petronas is also on the hook. They owe it legally to PBJV.
Hope there is still money left over. Their appetite for investment in Malaysia may diminish. Also the ability to replace Armada Kraken with a different unit.

Posted by linheng > 2024-02-28 06:22 | Report Abuse

Q results overdue?

Posted by Felix888 > 2024-02-28 07:41 | Report Abuse

Hari ini QR keluar.

Posted by nikicheong > 2024-02-28 08:53 | Report Abuse

A part of me hopes for something good from the results, but another part of me says don't expect anything out of the ordinary

Posted by stainlyho37 > 2024-02-28 09:18 | Report Abuse

xchange rate & Oil price...a surprise good news...?!!!

Posted by ITreeinvestor > 2024-02-28 09:54 | Report Abuse

pre market action is boosted by velesto suprise earning and dividend

Posted by Felix888999 > 2024-02-28 09:58 | Report Abuse

Velesto still have accumulated lost but can give dividend. Could anyone help to explain this?

Posted by Felix888999 > 2024-02-28 10:17 | Report Abuse

There was a discussion about Armada`s dividend payout. Some said Armada must clear all accumulated lost before able to give dividend, the other reserve doesn't count.

I'm surprised to see Velesto give dividend after yesterday announcement.

Posted by marlboroman2 > 2024-02-28 11:35 | Report Abuse

what time do they normally post BA's results? after 5pm?

Posted by nikicheong > 2024-02-28 11:38 | Report Abuse

12.30pm

Posted by nikicheong > 2024-02-28 11:39 | Report Abuse

Also, a key thing to look out for is repayment plans for the RM1.5b sukuk due in Sep 2024.

Posted by marlboroman2 > 2024-02-28 11:45 | Report Abuse

thanks niki 👍

Posted by ITreeinvestor > 2024-02-28 11:57 | Report Abuse

last chance to buy below RM0.60
No more discount After 12.30pm

Posted by Felix888999 > 2024-02-28 12:16 | Report Abuse

Ya keep money pay off debts first.

Posted by linheng > 2024-02-28 12:34 | Report Abuse

Hari ini lah.

Posted by nikicheong > 2024-02-28 12:40 | Report Abuse

Haha. Now that’s one hell of a f-you!

Posted by BursaVulture > 2024-02-28 12:46 | Report Abuse

big loss... confirm fly later due to impairment.