Yes, Hibiscus closed at 0.685 +0.03 +4.6% Like that tommorrow onwards confirm O&G theme is coming and will spike up like mad already liao lah ! Huat ah, Heng ah, Ong ah !
“The Stone Age did not end for lack of stone, and the oil age will end long before the world runs out of oil.” - Zaki Yamani, former Saudi Oil Minister
as per the QR report mention the jack up rig revenue to start come in by Apr 2021. So we can expect next quarter may start to be profitable..so sekarang sabar menanti lagi..
Referring to note 15.1 stated that initial cost related to drilling activity is 8.8 million while the rig revenue only start generate in April. Excluded this expenses and the fair value loss of debts settlement, icon is making a small profit quarter.
KUALA LUMPUR (May 27): Icon Offshore Bhd said today it has received a second extension to charter its vessel Icon Kayra from Zell Transportation Sdn Bhd (ZT). The charter contract is worth RM167.96 million.....
"General Motors says it will make only electric vehicles by 2035, Ford says all vehicles sold in Europe will be electric by 2030 and VW says 70% of its sales will be electric by 2030.
This isn't a fad, this isn't greenwashing.
Yes, the fact many governments around the world are setting targets to ban the sale of petrol and diesel vehicles gives impetus to the process.
But what makes the end of the internal combustion engine inevitable is a technological revolution. And technological revolutions tend to happen very quickly.
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wickedlion
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Posted by wickedlion > 2021-05-04 12:32 | Report Abuse
...or titanic move?