too.much of futuristic stories then factual real bz... unprofitable and broke...be honest..trying to po rtray to funders for more $ injections by mou, news of billions projects...reality.....nta 0.02 cents...die man die
Velesto (BUY, TP: RM0.28) is our top pick as we are optimistic on its turnaround story owing to (i) recovery in Petronas’ capex, (ii) recovery in daily charter rate (DCR) due to tight supply and (iii) improving utilisation rate with foreign contract. We believe these factors will push its stock price in the near term. Besides that, we also have a BUY call on MMHE (TP: RM0.65), MISC (TP: RM8.10) and Sapura Energy (TP: RM0.15).
Velesto is Good BET for ikan Bilis (medium term) Easily 30sen++BUT SAP is a shark BET stock if TP is 15cents. A 200% gain from 5sen. Of course sharks got to create or know Insider Info
checking back Velesto Earning in 2014 where Oil Hit $100.....profit every Qr was from 60--70mil for 7 rigs. DCR should be around be around US$ 155K--165K in 2014. ( DCR in 2021-21 is around US$75K--80K ) _____________________________________________________ Dayrates are on the rise — in Malaysia, the average in the first three months of 2022 was US$77,000 compared to about $88,000 in Southeast Asia. Velesto had an average jack-up rig utilisation rate of 39% as compared to 78% in the last quarter of 2021 __________________________________________________
Stock Market is about liquidity and manipulated TP like TopGlove....can goes up RM70... If Bankers knew they have No choice but a HairCut, they will manipulate Report and TP to recover some "Hairs"
So who Loan Sap RM 10.3billion??? _________________________ “The participating banks are Maybank Islamic Bhd, CIMB Bank Bhd, CIMB Islamic Bank Bhd, RHB Islamic Bank Bhd, AmBank (M) Bhd, AmBank Islamic Bhd, Export-Import Bank of Malaysia Bhd, United Overseas Bank Ltd, Labuan Branch, United Overseas Bank Ltd, Sumitomo Mitsui Banking Corp, Labuan Branch, ING Bank NV, Singapore Branch, Standard Chartered Bank, Offshore Labuan, and First Abu Dhabi Bank PJSC, Labuan Branch,” it said.
NEW YORK (Reuters) - Oil prices collapsed about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy ( recession ) and cut demand for energy.
Ironshirts...agreed to your analysis....great englightening..but as usual..facts are hard to digest or even rationalise honestly..hooing hoping hoping and fell onyocsweetbers of zombie... we stance holsing fast to output based perfirmance no Harry potter stories of bokeh land
its about doing business for profit..good ROI performance output based. and NOT on news mou and goodwill bz..die nan die licve in practical world not zombie world
Mabel has been waiting for Velesto to hit TP:28 for more than a year oledi. Now Mabel hair has already turned from Blonde to White waiting to hit 28. Mabel think SE has better clouds and higher possibility to become a Multi Bagger..price is dirt cheap..
Mabel also think HLG is sour grape since they are not part of SE Inner Circle..."The participating banks are Maybank Islamic Bhd, CIMB Bank Bhd, CIMB Islamic Bank Bhd, RHB Islamic Bank Bhd, AmBank (M) Bhd, AmBank Islamic Bhd, Export-Import Bank of Malaysia Bhd, United Overseas Bank Ltd, Labuan Branch, United Overseas Bank Ltd, Sumitomo Mitsui Banking Corp, Labuan Branch, ING Bank NV, Singapore Branch, Standard Chartered Bank, Offshore Labuan, and First Abu Dhabi Bank PJSC, Labuan Branch,”
What Mabel know is that the most recent quarter saw a net loss of 6.8 billion, with 3.3b of goodwill impairment and 2.3b of asset write down. Unlike SD, most Sap losses are impairment losses ( not cash losses). If Sap losses ( if Real ), Bankers will want their money back immediately. This impairment can be write back if they can step up to the next level...
Mabel is still very keen to save our National Heritage. Sapura has assets like oil and gas fields that is already producing 40k barrels per day and ramping up to 100k per day in 2 years via their 50% stake in Sapura OMV. In 2019, they sold this 50% share to OMV for RM4b when oil prices were lower. Today it is worth easily RM6b due to higher oil prices. Sapura also has RM7b contracts in hand, 12 tender oil rigs (largest fleet in world) and many many offshore ships. On top of that Saonrg has National Gas reserve worth RM 110 billion. It is the largest O&G support asset owner in Malaysia and 2nd largest in world.
..and Sapura Energy has been cumming up with positive news this week
June 14: ...Thailand Contract
June 14: ...obtained a 9-month extension of the restraining order against its creditors
June 17: ...secured 7 contracts worth RM2.7 billion, as a "testament to its reset plan"
On Friday, SE continue in Pole Position in Bursa F1 Race. Petronas’ Malaysia Petroleum Management (MPM) MPM estimates 21 billion barrels of oil equivalent remain to be discovered across Malaysia, of which about 6 billion boe is located in deep water, mostly offshore Sabah and Sarawak.
Only 116 deep-water wells have been drilled offshore Malaysia to date, which is less than 10% of the nation’s total well count. Hence potential for Mabel Energy Queen Anne SE to score more from Petronas.
438.4mil Mother Shares was bought with only 45.5m sell { total vol=483.9mil). Qr result still Not Out. Mabel’s reading of the action in the last 10 minutes is the sellers are being taken out. There is a very hungry crazy buyer just picking up everything on the market. Serious buyer chasing. Mabel also sapu more yesterday.
SE is still under accumulation phase. They can easily wear down these Short Traders' capital as the price will swing in both directions which is only 1bid. They will continue to Keep swinging as there's some peanuts at every corner of the candlestick. Mabel is waiting for the Kill when the price Breakout when SE is ready to trade above 200 Moving Average...
whatever it is...9 months of cat and mouse gaming.... jolly good... touch and go ..where possible looking for gold in the debris of huge laden nearly collapse building of fortune.....of debt...be mindful...it can be dancing with the zombie toooo debris o
stay tune 30 Jun for bankers funders to present their demands and their monies..fm SE.......not to say 3000. vendors still closely askibg their monies to ..gowww?
@cicakman Gigil gigil....kena kancing gigi. RSI /MACD showing are continuos down trend. -------------------- Hmmm Jolly Lizard... You are THROWINGGG COLD WATER on this Janda Kerepot
Ppl comments the truth,I too telling the truth based on charts. More truth should be on Monday.
Be it positive or negative it is all about market force. Definetly currently sentiments for whole Bursa not good. If not for the 3 new IPO's,volume could have been much lower. It is just the begining,overall more will come. Most senior understand but just make dono due to commitments.
Epf keep disposing tenaga share, he says share goes up. This horny boy must be insane. No understanding how business operate. But then no shame keep trying to promote his software and say everyone he is safe of bursa. Joker..
Under-cannot-stand...who said electricity generated from water one.....electricity from lightning lah.......Now, rainny season, TNB collects lightning and deliver to your house by Fedex ma.......hehehehehe
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....
Apastock
155 posts
Posted by Apastock > 2022-06-18 11:58 | Report Abuse
with nta value 0.02 ?