Oil asset sold at 60 million Assume manage to claim 50 out of 300 million from customer for covid cost Save 20 million from cost saving initiative. 5% margin from 2 billion profit equal 100 million
Optimistically think that 200-300 million net profit is still possible while under premium free period.
Hold for the next 3 or 4 quarters! Going to be heck of a ride! The first wave will come in few weeks time! A sure black quarter! And the next quarter will go kaboom! And kaboom! And kaboom!
Sapura sold oil asset to jade for 60 million, not possible 10 million profit lah
Beside that all segment record profit in Q1, but dragging by one time 50 million refinance cost.
So expecting trend remain same all segment report profit, no need pay Sharill bloated salary 25 million a quarter...at least 200 million profit minimal.
10bil debt still under premium holiday for next 3 years, so no impacted.
The government has agreed to open the tourism sector in several destinations under the ‘travel bubble‘ programme based on a list of conditions.
As reported by Utusan Malaysia, Prime Minister Datuk Seri Ismail Sabri Yaakob said, for a start, Langkawi Island was chosen as a pilot project to be reopened to local tourists on Malaysia Day, 16 September.
“We are pleased to inform that through the meeting, we agreed to open the tourism sector in several destinations under the “travel bubble” programme based on the conditions set. For a start, Langkawi Island has been selected as a pilot project to reopen to local tourists starting 16 September,” he said.
He added that it would not be long before other tourist destinations will also be a part of this project.
“Other tourist destinations will be allowed to operate when the locality vaccination rate reaches 80%,” he said.
Optimistic forecasts; By Dec 2021, price 0.25 By 2022, price 0.3 to 0.6 By 2023-2024, price >rm1. At this time Jerun production online and Sapura plan for B14 development.
By next month already 30 cents! Will surge after quarter result in few weeks! Very sure very black quarter with big fat 2 or 3 cents profit! Decision is yours!
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....
Nikmon
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Posted by Nikmon > 2021-09-01 20:15 | Report Abuse
Oil asset sold at 60 million
Assume manage to claim 50 out of 300 million from customer for covid cost
Save 20 million from cost saving initiative.
5% margin from 2 billion profit equal 100 million
Optimistically think that 200-300 million net profit is still possible while under premium free period.