Just like the movies, the famed Fast & Furious is ALL ABOUT SPEED.
Get ready for Part 2 of this Trilogy series!
From our previous blogpost (click here to read) --
Part 2: DAYANG / 5141 (NOW SHOWING)
Stock for 2020
Summary - Review
For 2019 - this stock has performed very well in terms of price uptrend
from low RM0.515 (3 Jan 2019)
recent high RM2.49 (13 Dec 2019)
new high RM2.54 (23 Dec 2019)
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4 Jan 2020 by TEE LIN SAY The Star
BURSA MALAYSIA has been one of the worst performing bourses in Asia last year.
Throughout 2019, the FBM KLCI has been lacklustre with investors
adopting a “wait-and-see attitude” following the absence of clear growth
catalysts for the country.
Not surprisingly, as of Dec 31, the FBM KLCI was down 4.73% on a year-to-date basis.
Initially, Malaysians were filled with hope when Pakatan Harapan won
the general election in May 2018. However, some 18 months later,
sentiment on the local bourse remains subdued amid unclear leadership
succession plans and flip-flop policies.
Nonetheless, the undemanding stock prices and weak ringgit could see
the market finally play catch-up to its regional peers. With the arrival
of a new decade, analysts and fund managers present to StarBizWeek 20
stock picks which they opine will outperform the market.
Below is a compilation of the stocks:
Gan Eng Peng (pic)
Director of equity strategies and advisory, Affin Hwang Asset Management
Stock Pick: Perdana Petroleum Bhd Price: 40 sen
....
Our second pick is a turnaround stock, Perdana Petroleum.
Perdana is a high-risk choice given that in the nine months of 2019, it
was losing money and the turnaround is not certain although it has
returned to the black in its third quarter results.
Perdana is in the business of providing
offshore support vessels (OSV) to oil and gas companies. Looking at the
latest Petronas Activity Outlook report, OSV players are in for good
years ahead. Petronas has forecast 30% to 40% higher demand for OSV,
which ties in with the need to have more exploration and production
activity globally to arrest declining production growth.
Utilisation and pricing should go higher, which is almost pure profits for OSV players.
The financial distress, which all OSV
players had gone through in the last couple of years, has sunk a few
players in Malaysia and Singapore. This means capacity is constrained
with some OSV players being not financially viable as a business
partner.
Perdana has completed a fundaising
exercise that has substantially reduced its debt load. Part of the
turnaround is driven by interest savings.
Perdana is owned by DAYANG ENTERPRISE HOLDINGS BHD
which is an oil and gas service provider.
which is an oil and gas service provider.
Dayang’s share price has risen five times in 2019 as strong execution
and new job wins drove its business prospects. Perdana’s prospects is
somewhat intertwined with Dayang as it uses a portion of Perdana’s OSV
to support its business.
REMARKS:
Dayang has the Khukuri which is PERDANA PETROLEUM BERHAD.
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Brief History on Khukuri
It is incumbent on a Gurkha to carry it while awake and to place it under
pillow when retiring."
- Maharaja Padma Shamser Jangbahadur Rana
(Prime Minister and Supreme Commander)
Some
of the famous knives of the world such as the Bowie Knife, the
Stiletto, the Scimitar, the Roman Sword, the Machete and so on have all,
at one time or the other , played great historical roles as formidable
weapons with men have demonstrated raw power and courage during times of
battle. The Kukri, however, outdoes them all! The great romance and the
extraordinary accounts of bravery that this knife evokes are legendary.
With
its origins going back to ancient times, the Kukri is not only the
national knife of Nepal but is also symbolic of the Gurkha soldier, a
prized possession with which he has indelibly carved an identity for
himself. The awesome cutting edge of the Kukri was first experienced by
the British in India who had to face it in the well-documented battles
since 1814 while combating the Gorkha army in the western Nepal. Thus
was born the legend and the romance. In the Gurkha soldier’s grip, this
seemingly small piece of curved steel becomes an incredibly menacing
weapon with which he has demonstrated rare feats of bravery while facing
the enemy in many battlefields.
Kukri
is a medium-length curved knife each Gurkha soldier carries with him in
uniform and in battle. In his grip, it is a formidable razor sharp
weapon and a cutting tool. In fact, it is an extension of his arm. When
his rifle misfires, or when his bullets have run out, a Gurkha
unsheathes his Kukri makes his final “do or die “run on the enemy in a
fury to finish the business. This scene created the romance and the
legends. What it really did, and still does, is a super-clean slaughter;
the enemy tumbles down in two clean pieces and in surprise!–because his
is the kindest, quickest death because it is the quickest.
None
of us knows the fact that how the Kukri was exactly originated and is
still a mystery where and who created it. The originated place and date
have also been lost in the mists of time. Here are some facts, which
prove that it is one of the oldest knives in the world. The blade shape
might have descended from the classic Greek sword of Kopis, which is
about 2500 years old. The Machira, the calavry sword of the ancient
Macedonians which was carried by the troops of Alexander the Great when
invaded northwest India in the 4th Century BC and was copied by local
black smiths or Kamis. Some knife exports have found similarities in the
construction of some Kukri to the crafting method of old Japanese
sword. Thus making the Kukri the oldest knife in the history of world.
Some
say it was originated from a form of knife first used by the Mallas who
came to power in Nepal in the 13th Century. There are some Kukris
displayed on the walls of National Museum at Chhauni in Kathmandu which
are 500 years old or even more among them one belonged to Drabya Shah,
the founder king of the kingdom of Gorkha, in 1627 AD. But the some
facts shows that the Kukri’s history is centuries old then this. But
other suggest that the Kukri was first used by Kiratis who came to power
in Nepal before Lichchhavi age, about 7th Century.
What ever may be the facts of how and when it was made, Kukri is the national knife of Nepal, originated in ancient times. More than being just a reverted and effective weapon, however, the kukri is also the peaceful all- purpose knife of the hill people of Nepal. It is a versatile working tool and therefore an indispensable possession of almost every household, especially of those belonging to the Gurungs, Magars, Rai and limbu ethnic groups of central and eastern Nepal. Moreover, apart from the fact that the kukri symbolizes bravery and valor and is a Nepalese cultural icon, it also represents an exquisite piece of Nepalese craftsmanship and is indeed a unique memento for you to buy from Nepal.
What ever may be the facts of how and when it was made, Kukri is the national knife of Nepal, originated in ancient times. More than being just a reverted and effective weapon, however, the kukri is also the peaceful all- purpose knife of the hill people of Nepal. It is a versatile working tool and therefore an indispensable possession of almost every household, especially of those belonging to the Gurungs, Magars, Rai and limbu ethnic groups of central and eastern Nepal. Moreover, apart from the fact that the kukri symbolizes bravery and valor and is a Nepalese cultural icon, it also represents an exquisite piece of Nepalese craftsmanship and is indeed a unique memento for you to buy from Nepal.
Most
Kukri feature two little knives attached at the back of the sheath held
either in a built-in pocket or a leather purse is the complete set. The
small sharp knife is a Karda, it serves as a small cutting knife. The
other knife is called a Chakmak. It is blunt on both sides and it works
like a knife sharpener when one does not have a sharpening stone rubbing
both sides of a kukri. This Chakmak when stroked against a lime stone
created sparks to start fire also.
One
unique thing that makes one swallow his fear is the notch just before
the start of the blade. What it really did and still does is to
interrupt the blood flow to the handle and to let it drip to the soil so
one can maintain grip during battle. It is also believed to be a
promise by a Gurkha soldier not to kill women and child. The notch also
appears to be like a cow foot which is holy and worshiped in Nepal.
The
Gurkha and his Kukri are incomplete without one another. Together they
have earned their fame, which can never to be forgotten. Nepal, the
Gurkhas and the Kukri are inseparable.
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NEWSFLASH #2
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NEWSFLASH #3
AmInvestment Bank Research in a report said it is maintaining its 2020
crude oil forecast at between US$60 and US$65 per barrel, amid high
volatility.
....
The research house (AmInvestment Bank Research) is maintaining an “overweight” call on the sector, pointing out that prospects have radically brightened with rising asset utilisation globally, which supported service providers’ improving results.
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22 Nov 2019 EPS (Cent) 11.10
23 Aug 2019 EPS (Cent) 5.71
22 May 2019 EPS (Cent) -0.43
22 Feb 2019 EPS (Cent) 10.13
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TOTAL 26.51 x PER 13.22 = RM3.504622
The intrinsic value should be RM3.504622
13.22 - Lowest P/E value, Source Malaysia P/E
It would not be surprising for first quarter of 2020 DAYANG,
can revisit its glorious high of RM3.66 created on 7 March 2014 or even surpass it.
This year 2020 - also a representation of the perfect vision and eyesight 20/20.
Do you have what it takes to capture this moment and WIN BIG by this Chinese New Year rally?
Issued By
SEE_Research
(Sensing Eagle Eye Research)
https://klse.i3investor.com/blogs/see_research/2020-01-05-story-h1482034723-The_Trilogy_of_FAST_FURIOUS_Shows_PART_2A_DAYANG_5141_KLSE.jsp
