Syahmi Hana's comment on WASCO. All Comments

Syahmi Hana
2 Like · Reply
Go up... & up...
cheng
slowly but surely. manage your position well as the company continues to convert contracts to revenue recognitions.
2 Like · 10 months · translate
Syahmi Hana
fly already.... ..
Like · 10 months · translate
cheng
I wont consider this as fly yet :) My personal definition of fly will be when its higher than 2018 high :) First thing first - revenue recognitions followed by profit numbers.
1 Like · 10 months · translate
cheng
okay - revenue recognitions turned into profits :) solid performance for all segments.
1 Like · 10 months · translate
cheng
Signs of deep water offshore activities accelerating. Wasco and Shawcor continues to battle it out; the top 2 pipe coating company in the world.
3 Like · 10 months · translate
Syahmi Hana
Cheng ... Market below 1400
Like · 10 months · translate
cheng
Poor market sentiment is always welcomed, Syahmi Hana. Its an opportunity to manage my positions; add-ons if you will.
3 Like · 10 months · translate
cheng
Manage your positions well as Wasco continues to bid for projects; converting tenderbook to orderbook. Orderbook is currently at ~3.5bil and still counting :)
Like · 10 months · translate
cheng
Qatar's North Field Expansion and Bahrain's plan to boost natural gas production provides opportunity for Wasco to participate in the two nation's activities that stretches beyond 2025; as and when job tenders are open for bidding.
Like · 9 months · translate
cheng
Wasco's EPC Contract bid for Tatweer Petroleum's Bahrain Oil Field Associated Gas Compression Stations Project Phase 7 is one of the 6 bidders accepted and currently being evaluated. The EPC contract award is expected to be announced in Q2'23. Estimated to be USD$200M. Not an easy task as Wasco will be competing with familiar names that worked with Tatweer Petroleum in prior phases/projects :)
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Like · 9 months · translate
cheng
Added at 0.825 and thanked Mr. Market for the opportunity. Officially Wasco Berhad starting next week!
2 Like · 9 months · translate
cheng
The above link contains information about Wasco :) For shareholders that are wondering what is Waseong's core competence. Wasco Energy and its group of companies are pretty well known out there in the world :)
3 Like · 9 months · translate
Tiger Slayer
Really good news coming soon! Prepare for the moon
1 Like · 9 months · translate
cheng
Well, it's Wasco :) With a 3.5 bil orderbook and EACOP in the bag - it can be really exciting.
2 Like · 9 months · translate
cheng
Congratulation long term shareholders and welcome new shareholders :) Its a worthwhile wait as it enters the growth phase. This is where we hope market will be efficient in the near future; to reflect its value :) Waiting patiently.
2 Like · 9 months · translate
Syahmi Hana
Happy 0.770 up & up .... rocket ?
Like · 9 months · translate
cheng
slowly but surely, syahmi hana. Congrats and manage it well. first is to recover to pre-pandemic level. thereafter, present value of its future income streams :)
2 Like · 9 months · translate
cheng
Looking forward to it's FY2023 and FY2024. most of the revenue recognitions and growth will most likely be coming from Africa, Gulf of Mexico, Middle East. EACOP contributed approx RM280M in FY2022 while the project is valued at RM1.2bil targeted to complete by 2024 :)
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1 Like · 9 months · translate
cheng
okay, Yinson's report showing growth in its epcic segment. once again, a reiteration of increasing deep water offshore O&G activities; which is positive for Wasco :) Wasco received an EPC contract from Yinson for some of its topside modules.
2 Like · 9 months · translate
cheng
Looking forward to its upcoming financial report as Africa, Gulf of Mexico and Middle East continues to contribute positively.
Like · 8 months · translate
cheng
Fundamentals shifted positively, crowd psychology should follow suit thereafter :)
2 Like · 8 months · translate
cheng
Congratulations to all long term shareholders for the new 52 weeks high. Half way through to where it should be :)
3 Like · 8 months · translate
Syahmi Hana
@cheng everything fly ? now
Like · 8 months · translate
cheng
It's a worthwhile wait & I am holding Wasco for the longer term until it reaches where it should be, Syahmi Hana. I am in the opinion that Wasco is in the position to benefit from the increasing deep water offshore activities particularly in the Africa, Gulf of Mexico and Middle East. EACOP for Africa is in the bag, Qatar NFEs and Bahrain's energy programs, and Bayou Wasco Insulation restarted mid of last year at the wake of increasing deep sea flow assurance activities for US/Gulf of Mexico.
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Like · 8 months · translate
cheng
new 52 weeks high it is :)
2 Like · 8 months · translate
cheng
Congrats to all long term shareholders. Almost there and I have rebalanced my position in Wasco; zero cost if you will. This will be my last sharing in Wasco :)
2 Like · 6 months · translate