T7 GLOBAL VERSUS CARIMIN, , UZMA, PENERGY, & DAYANG (Compare & Contrast) Calvin Tan Research
January 17, 2020 By Calvin Tan Smart Investment
Hi guys
I have recommended all the above OGSE Stocks last year during their BULL RUN
Today I want to Highlight T7 Global has all the Intrinsic Qualities of Carimin, Uzma, Penergy, Dayang & Velesto
All the Others Have Already Run Up in Price EXCEPT T7 GLOBAL
Hence Calvin Tan Research is Extremely Bullish on T7 Global while it remains bearish & out of favour
T7 GLOBAL VERSUS CARIMIN
Calvin saw Carimin Insiders buying Carimin around 40 sen & called for a buy at 39 sen On Jan 2018
See
So Calvin sees Directors of T7 Global buying and buying
TODAY CARIMIN HAS GONE UP MORE THAN 200% & DIRECTORS ARE NO LONGER BUYING BUT SELLING
FOR T7 GLOBAL WE CAN EXPECT PRICES TO GO UP LIKE CARIMIN
T7 GLOBAL VERSUS UZMA
UZMA HAS WON DECOMMISSIONING JOBS FOR 22 OIL WELLS & ITS SHARE PRICE WENT UP BY 100% FROM 55 SEN TO OVER RM1.10
NOW T7 GLOBAL HAS WON WORKOVER & DECOMMISSIONING UMBRELLA JOBS FOR 5 YEARS FROM PETRONAS CARIGALI
See
OTHERS T7 Global Berhad (“the Company” or “T7 Global”) – Letter of Award for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors from PETRONAS Carigali Sdn Bhd.
T7 GLOBAL BERHAD |
Type | Announcement |
Subject | OTHERS |
Description |
T7 Global Berhad ("the Company" or "T7 Global") - Letter of Award for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors from PETRONAS Carigali Sdn Bhd. |
The Board of Directors of T7 Global wishes to announce that Tanjung Offshore Services Sdn. Bhd. (“TOS”), a wholly-owned subsidiary of the Company had received the letter of award dated 20 September 2019 from PETRONAS Carigali Sdn. Bhd. for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors. |
Company had received the letter of award dated 20 September 2019 from PETRONAS Carigali Sdn Bhd., an umbrella contract for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors (“PACs”) (“Contract”). 2. VALUE AND DURATION OF THE CONTRACT The duration of the Contract is for a period of five (5) years, commencing from 20 September 2019 to 19 September 2024. The Contract value shall be as per work order request, which is at the full discretion of the PACs
THIS IS EVEN MORE JOBS THAN UZMA BECAUSE IT IS AN UMBRELLA CONTRACT FOR 5 YEARS
AND PETRONAS HAS MORE THAN 351 WELLS (UZMA ONLY GOPT JOB FOR 22 WELLS)
ACCORDING TO PETRONAS YEAR 2020 ACTIVITIES THERE ARE 44% PF OIL WELLS THAT ARE ALREADY OPERATING BEYOND AGE LIMIT & NEED WORKOVER OR DECOMMISSIONING 44% OF 351 EQUAL TO 154 WELLS THAT NEED SERVICING
JUST LIKE UZMA – T& GLOBAL IS QUALiIFIED TO DO SUBSEA JOBS
T7 GLOBAL VERSUS VERSUS PENERGY
JUST ONLY NY 2 OGSE MAINTENANCE JOB AWARDS PENERGY TURNED IN MANY QUARTERS OF SPECTACULAR RESULTS
BUT PENERGY WON UMBRELLA JOBS (UMBRELLA JOBS MEAN PENERGY WITH CARIMIN. DAYANG & DELEUM WERE TAKLING TURNS TO MAINTAIN 351 OR MORE OIL PLATFORMS
THAT THAT GENERATED VERY HIGH PROFITS FOR PENERGY
NOW T7 GLOBAL ALSO WON 2 UMBRELLA (351 WELLS FOR CARIGALI & ABOUT A DOZEN WELLS FOR VESTIGO)
BOTH ARE UMBRELLA JOBS FOR SUBSEA & ALSO BEING SERVICED CONCURRENTLY
SEE VESTIGO
OTHERS T7 Global Berhad (“the Company” or “T7 Global”) – Letter of Award for the provision of integrated well services for intervention, workover and abandonment from Vestigo Petroleum Sdn. Bhd.
T7 GLOBAL BERHAD |
Type | Announcement |
Subject | OTHERS |
Description |
T7 Global Berhad ("the Company" or "T7 Global") - Letter of Award for the provision of integrated well services for intervention, workover and abandonment from Vestigo Petroleum Sdn. Bhd. |
The Board of Directors of T7 Global wishes to announce that Tanjung Offshore Services Sdn. Bhd. (“TOS”), a wholly-owned subsidiary of the Company had received the letter of award dated 10 October 2019 from Vestigo Petroleum Sdn. Bhd. for the provision of integrated well services for intervention, workover and abandonment. |
Media & Highlights
Follow our latest update.
Petronas’ Tembikai Chenang cluster achieves first oil
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) announced the Tembikai field under the Tembikai-Chenang Cluster small field Risk Service Contract (RSC)…
Petronas approves plan for Ophir oil field
PETALING JAYA: Petroliam Nasional Bhd (Petronas) has approved the revised field development plan (FDP) for the Ophir oil field located…
PETRONAS announces oil at Tembikai
KUALA LUMPUR, July 14, 2015 – Malaysian state-owned oil entity Petronas announced that it would begin production at the Tembikai…
VESTIGO IS A CLUSTER OF OIL WELLS (TO WIN THIS JOB SHOWS EXCELLENCE IN T7 GLOBAL EXPERTISE
SO JUST LIKE PENERGY WINNING TOPSIDE UMBRELLA JOBS T7 GLOBAL WON SUBSEA UMBRELLA JOBS
T7 GLOBAL VERSUS DAYANG
FINALLY T& GLOBAL IS STRONG ENOUGH TO TAKE ON TOPSIDE MAINTENANCE JOB LIKE DAYANG
IT WAS REPORTED THAT DAYANG SECURED 2 NEW CONTRACTS
SEE
Dayang’s 2 new contract awards – Koon Yew Yin
Author: Koon Yew Yin | Publish date:
On 13 Jan 2020 Dayang announced that it has received 2 new contracts. The following is from Maybank IB Retail Research quote:
Dayang was awarded two 4-year contracts by Petronas Carigali S/B to provide integrated hook-up and commissioning services. No value was given as it is likely on a “call-out” basis whereby work orders will be awarded at clients’ discretion.
T7 Global bags Repsol Malaysia contract for PM3-CAA & PM-305
KUALA LUMPUR: T7 GLOBAL BHD has secured a contract from Repsol Oil & Gas Malaysia Ltd to provide maintenance, construction and modification services for PM3-CAA and PM-305.
The company said on Monday its unit Tanjung Offshore Services Sdn Bhd had received a letter of award dated Dec 19 for the five-year contract.
“The contract value shall be as per work order request by Repsol Oil & Gas Malaysia Ltd, ” it said.
It expected the contract to contribute positively towards the earnings and net assets per share of T7 Global for the financial year ending Dec 31,2020.
Soi while Dayang secured 2 jobs for 4 year T& GLOBAL also secured 2 Jobs but for 5 Years
BUT READ AGAIN
T7 GLOBAL BHD has secured a contract from Repsol Oil & Gas Malaysia Ltd to provide maintenance, construction and modification services for PM3-CAA and PM-305.
THIS IS MCM JOB AWARD FOR 5 YEARS
MCM IS FOR TOP SIDE JUST LIKE WHAT DAYANG IS DOING
NOW ALL THESE JOB AWARDS WILL TRANSLATE INTO SPECTACULAR PROFITS JUST LIKE CARIMIN, UZMA, PENERGY & DAYANG
THE BIG SURPRISE IS
T7 GLOBAL HAS BEEN TOTALLY OVERLOOKED
HENCE CALVIN THINK T7 GLOBAL IS NOW A HIDDEN GEM OF GREAT VALUE JUST LIKE CARIMIN AT 39 SEN, UZMA AT 55 SEN, PENERGY AT 75 SEN & DAYANG 68 SEN. THOSE WERE GREAT AND CHEAP PRICES WHEN CALVIN HIGHLIGHTED
T7 GLOBAL WILL NOW RISE UP TO JOIN THEM
SO BUY AS MUCH AS YOU CAN AFFORD & KEEP TILL IT DOUBLES OR TRIPLES IN PRICE
AT 44 SEN NOW. TARGET PRICE IS RM1.00 IN A YEAR
BEST REGARDS
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
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