Eagle Vision Invesment

Dayang’s subsidiary, Dayang Enterprise Sdn Bhd (DESB) undertakes the overall provision of maintenance services, which focuses on the following areas:

• Maintenance of Topside structure
• Maintenance of pipes and valves and
• Electrical and instrumentation

The maintenance services are provided either on a routine or scheduled basis or during a breakdown or emergency, in which case maintenance works are undertaken due to fault or failure

DAYANG NEEDS PANTECH PIPES & VALVES FOR MAINTENANCE & REPLACEMENTS!!

And so Pantech got business from Dayang & all other OGSE collectlively. So good

After all the Crude Oil is extracted & transported to Refinery. Again Pantech pipes and valves are needed the 2nd time plus Pantech also involve in Oil Flow Improving. 

And the 3rd time is this. After Crude Oil has been refined and processed into Petrol, Diesel, Jet fuel, Naphta, Parafin, Kerosene etc etc Pantech pipes are again used to transfer them to Storage Tanks or Chemical factories nearby.

5. PETRONAS contracts for Dayang only last 5 years & then renewable & extended again depending on Market conditions. FOR Pantech this Service Contract is Perpetual or For “Forever”

See from Pantech ANNUAL REPORT

TREND AND OUTLOOK

It is anticipated that the oil and gas industry will continue to recover in 2018 as mooted by various parties. At the time of writing, oil is trading at around the USD65 mark per barrel. This is a much better state than it was in the preceding financial year where it was fluctuating at USD50 per barrel. The decision by key oil producing nations to curb oil production in order to stabilise prices has borne fruit.

At home, the completion of the RAPID project stands at 87% and is on track to be fully operational by end-2019. A steam cracker plant, petrochemical complex, air separation unit (ASU) and Pengerang Deepwater 2 have yet to be completed while the raw water supply project (Pamer), Pengerang Cogeneration Plant and Regassification Terminal 2 (RGT2) are already operational. Saudi Aramco has earlier in the year completed its RM27.44 billion investment into RAPID, and it has spurred prospects.

Maintenance contracts of RAPID once completed will be a good avenue of income. As it stands, maintenance contributes about 40% to Pantech Group’s revenue from the oil and gas sector. Being in this industry, maintenance works are essentially perpetual as they are critical in ensuring safety and optimal operations.

In other developments, Petronas is aiming a slightly higher upstream capex compared to last year. This bodes well for Pantech Group as it could translate to more requirements for PVF and other components which we supply, especially considering that Pantech Group is on the list of international vendors for specified items for Petronas.

Now read again Very Very Very Carefully these facts:

Maintenance contracts of RAPID once completed will be a good avenue of income. As it stands, maintenance contributes about 40% to Pantech Group’s revenue from the oil and gas sector. Being in this industry, maintenance works are essentially perpetual as they are critical in ensuring safety and optimal operations.

i) Maintenance contracts of RAPID once completed will be a good avenue of income.

This will be completed soon in Year 2019

ii) This Maintainence contributes 40% to Pantech Group’s revenue from the Oil and gas sector

So this is a Large Assured Portion – 40% from good Pay Master Petronas

iii) Being in this industry, maintenance works are essentially perpetual as they are critical in ensuring safety and optimal operations.

ESSENTIALLY  PERPETUAL MEANS “FOR FOREVER” AS LONG AS RAPID RFINERY IS IN OPERATION 24 HOURLY & 365 DAYS A YEAR.

And Refinery closed for certain period for thorough inspection and maintenance & OVERHAUL.

This will bring ADDED INCOME For Pantech as Pantech has a Store of 30,000 pipes, valves & etc etc..

6) NOW: PANTECH ALSO SUPPLY OIL PIPES & VALVES FOR THE PALM OIL INDUSTRIES

And Felda, Wilmar, IOI, SIME DARBY & OTHER BIG OIL PALM COMPANIES BUY PIPES FROM PANTECH

And FELDA IS THE WORLD’S BIGGEST PLANTATION HOLDERS

See FELDA IS IN TOP 30 OF PANTECH

2. KOPERASI PERMODALAN FELDA MALAYSIA BERHAD   60,461,200,000

At Top No. 2 in Pantech Top 30 is FELDA with 60.4 Million Pantech shares

Since Malaysia & Indonesia commands 90% of the World’s Palm Oil Market Pantech has a Superb Strategic  location

Recently CPO Prices picked up again

To show better prospect CBIP got Fresh Orders from Its Palm Oil Extraction Business

See