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$CARLORINO (0335.MY)$ Can this be reported?
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$GENETEC (0104.MY)$ cant understand why epf come back when it dropped? before it rised last week, epf ceased to be substantial shareholder 🙄
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$VELESTO (5243.MY)$ Naga become Cacing.
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$DAYANG (5141.MY)$
Will add positions tomorrow if it continues to go down.
Will add positions tomorrow if it continues to go down.
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$DAYANG (5141.MY)$ Falling to the point where no one recognizes.
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$MYEG (0138.MY)$ drama come again
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(Kuala Lumpur 2nd) Velesto Energy ( $VELESTO (5243.MY)$ ) Its Naga 8 offshore drilling platform was prematurely terminated by the customer Carigali Hess Operating Company (CHOC), and various investors expected that this would put pressure on the former's platform utilization rate and cast a shadow over the future.
After announcing good results last Friday, Velesto Energy then announced this surprisingly bad news, indicating that CHOC will stop leasing the Naga 8 platform by February 10, 2025 at the latest, and the company did not disclose the reason for the customer's decision.
In response, Galaxy International Securities analysts pointed out that the customer terminated the contract 250 days early, which is equivalent to 11% of Velesto Energy's platform workload next year.
“We think this may be because the CHOC has shortened its work schedule.”
The analyst said that in the case of the shortening of the leases mentioned above, Velesto Energy's estimated platform utilization rate for the 2025 fiscal year will drop from 63% to 52%.
“In any case, if Velesto Energy's Naga 6 platform wins a new long-term contract starting next June, the company's platform utilization rate could reach 62%. According to our investigation, PTTEP Thailand is a potential customer.”
At the same time, he said that if there is currently no contract with Naga No. 3, or Naga No. 8, which will be idle after February 10 next year...
After announcing good results last Friday, Velesto Energy then announced this surprisingly bad news, indicating that CHOC will stop leasing the Naga 8 platform by February 10, 2025 at the latest, and the company did not disclose the reason for the customer's decision.
In response, Galaxy International Securities analysts pointed out that the customer terminated the contract 250 days early, which is equivalent to 11% of Velesto Energy's platform workload next year.
“We think this may be because the CHOC has shortened its work schedule.”
The analyst said that in the case of the shortening of the leases mentioned above, Velesto Energy's estimated platform utilization rate for the 2025 fiscal year will drop from 63% to 52%.
“In any case, if Velesto Energy's Naga 6 platform wins a new long-term contract starting next June, the company's platform utilization rate could reach 62%. According to our investigation, PTTEP Thailand is a potential customer.”
At the same time, he said that if there is currently no contract with Naga No. 3, or Naga No. 8, which will be idle after February 10 next year...
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103861095 : It is possible.