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Maybe Dyna-Mac insiders already got wind and run today.
Mun Siong should release good news soon.
manchanlu ( Date: 06-Oct-2022 14:56) Posted:
| Ya only contract is awarded but dun know when. Meanwhile has to withstand the daily US turmoil by US.SG stocks exceptionally sensitive to tailwinds..a bit only cannot tahan. Oct till Nov election I think US will be positive. After that, dun know what will happen. |
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Ya only contract is awarded but dun know when. Meanwhile has to withstand the daily US turmoil by US.SG stocks exceptionally sensitive to tailwinds..a bit only cannot tahan. Oct till Nov election I think US will be positive. After that, dun know what will happen.
Mun Siong will run like Dyna-Mac when Petronas award contract.
tankoksee ( Date: 06-Oct-2022 10:44) Posted:
 oil prices going up..co can see new contracts soon
Volmax ( Date: 22-Sep-2022 18:16) Posted:
Mun Siong have over 50 years of strong industrial leadership in EPC services, including Engineering Design, Construction, Electrical & Instrumentation, Maintenance & Turnaround, Specilised Services and Scaffolding.
The Oil & Gas Industry needs experience and reliable contractor for their Turnaround & Maintenance Works and will not skimp on the sceduled maintenance of their Cash Machine.
Petronas contract will be awarded in 2H2022, now 3Q ending and 4Q coming soon. Expect announcement of Awarded Contract any time now!
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oil prices going up..co can see new contracts soonVolmax ( Date: 22-Sep-2022 18:16) Posted:
Mun Siong have over 50 years of strong industrial leadership in EPC services, including Engineering Design, Construction, Electrical & Instrumentation, Maintenance & Turnaround, Specilised Services and Scaffolding.
The Oil & Gas Industry needs experience and reliable contractor for their Turnaround & Maintenance Works and will not skimp on the sceduled maintenance of their Cash Machine.
Petronas contract will be awarded in 2H2022, now 3Q ending and 4Q coming soon. Expect announcement of Awarded Contract any time now!
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Mun Siong have over 50 years of strong industrial leadership in EPC services, including Engineering Design, Construction, Electrical & Instrumentation, Maintenance & Turnaround, Specilised Services and Scaffolding.
The Oil & Gas Industry needs experience and reliable contractor for their Turnaround & Maintenance Works and will not skimp on the sceduled maintenance of their Cash Machine.
Petronas contract will be awarded in 2H2022, now 3Q ending and 4Q coming soon. Expect announcement of Awarded Contract any time now!
The refinery schedule coming ?
Volmax ( Date: 22-Sep-2022 17:30) Posted:
Some big fish slowly collecting 50 at the last hour for the past two weeks.
Standby to Cheong.
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Some big fish slowly collecting 50 at the last hour for the past two weeks.
Standby to Cheong.
Contra is unlikely, must have deep pocket to hold for years
manchanlu ( Date: 22-Sep-2022 11:29) Posted:
| Viagra is what it needs la...up abit and come back to square one and now lower. |
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This one seller also drying up, only a small hurdle to cross 53 with 1000 plus lots only.
Out of Petronas 60 billion ringgit capex, just 1% awarded to Mun Siong will send the stock flying.
DYODD
Viagra is what it needs la...up abit and come back to square one and now lower.
Second Buy Up Ai Lai Liao.
Watch It.
Volume need to cross 10 millions, together with price increase to be significant.
This morning shaking off the weak holders, maybe afternoon 4pm have play up.
My first target 70, second target 85 if got contract.
Let' s wait and see!
This counter many times fake ching up later one night stand type...from charting it need to ching past 6.3c first before any meaning reward to retail investors....
Volmax ( Date: 13-Sep-2022 09:27) Posted:
Ai Lai Liao, Watch It.
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Looks like insider buying before contract announcement.
Super Cheong.
Ai Lai Liao, Watch It.
New fabrication yard and factory facilities in Singapore, Malaysia and US.
Looking to set forth a new frontier
ComeHuat ( Date: 06-Sep-2022 10:24) Posted:
| MS is one of the not many under value, low cap, expanding company stock around. Only 29.2% of the issued ordinary shares of the Company is held by the public. |
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MS is one of the not many under value, low cap, expanding company stock around. Only 29.2% of the issued ordinary shares of the Company is held by the public.
https://www.businesstimes.com.sg/energy-commodities/petronas-to-double-capex-to-rm60b-on-project-catch-up
Petronas to double capex to RM60b on project ' catch-up'
" MALAYSIA' S national oil company Petroliam Nasional (Petronas) plans to double its capital expenditure to RM60 billion (S$18.8 billion) this year from 2021, as business activities normalise following the lifting of Covid-era restrictions.
Many of its projects were delayed due to the pandemic and " there' s a lot of catch-up that' s happening this year," Group chief financial officer Liza Mustapha said in a conversation with MIDF Group' s managing director Charon Wardini Mokhzani on Thursday (Jun 9).
Petronas expects to post a " triple-digit" growth in revenue this year amid high oil prices, Liza said. Its first-quarter profit more than doubled to RM23.4 billion from a year earlier on the back of a 50 per cent jump in revenue.
Still, elevated oil prices may not be " very sustainable," Liza said. " It can go up as quickly as it can come down."
Brent crude surged past US$124 a barrel on Thursday, taking this year' s gain to almost 60 per cent, as economies rebounded from the pandemic and Russia' s invasion of Ukraine upended trade flows and led to further tightening.
Petronas is basing its projects at prices of US$50-US$60 per barrel, she said. The firm is also looking to get " quite a sizable chunk" of its revenue from non-oil and gas over the next 5 to 6 years."
The shareholders of Pegasus Advance Engineering Sdn Bhd (PAE M) - Mohamed Ridza Bin Mohamed Abdulla (&ldquo MRA&rdquo ) (51%) and Mun Siong Engineering Sdn Bhd (&ldquo MSE M&rdquo ) (49%).
PAE M has issued 8.0 million new ordinary shares at RM1.00 each which have been subscribed by MRA and MSE M on a pro-rated basis. Proceeds from this new ordinary share issuance is RM8.0 million and will be utilised to redeem all the outstanding RCPS of RM8.0 million. Subsequent to the completion of the issuance of new ordinary shares, the shareholders&rsquo fund will be RM8.75 million comprising of 8.75 million ordinary shares. RCPS will be issued, in the event, that PAE M needs to meet its working capital commitments.
PAE M is currently erecting a new fabrication yard on a property purchased in 2021 to cater for it' s existing Client and will be completed by the end of 2023. This is inline with Petronas planned capex.
Being one of Petronas contractors, Mun Siong bound to benefit from Petronas capex on the long overdued Project " Catch-up" .
DYODD
U so confident?
Expecting Big Contract From Petronas Soon!
Ready To Fly!
