Dehcomic01Bursa listed Perdana Petroluem is 64% own Bursa listed Dayang. Dayang is basically an oilfield services company with a small marine charter segment. However in 2015 it acquired Perdana which is mainly in the marine charger business. When you look at the ROE for these 2 companies over the past decade, you can see Dayang outperforming Perdana. From a fundamental perspective, why would you want to own Perdana? From a risk mitigation perspective, Dayang is more diversified. Of course the elephant in the room is whether Dayang made a mistake in acquiring Perdana. With hindsight it was better not to do so. Moral of the story? Many companies have both organic and acquisition growth. But not all acquisitions added value to the shareholders. https://ujianehc.blogspot.com/2023/12/dayang.html
05/01/2024 8:32 AM
AhHuat168 Collect now .Perdana will slowly recover. This year oil price will increase.
05/01/2024 6:21 PM
SuperPandavol has come and perdana father got new contract from petronas and extension from mubadala
hold tight, once 21c break, will up all the way to 0.24-0.25
07/01/2024 9:43 PM
RJ87Someone sapu 7 million shares, waiting retailers to jump onboard.
11/01/2024 9:47 AM
RJ87Whoever that want to pump perdana put roadblock to collect first?
Lee Chee Weeseems like going to breakout. break 0.30 go 0.38.
25/03/2024 2:25 PM
zhangzuodeICON being bought over by Executive Chairman of YINSON. And then there is the IPO of Keyfield International, an OSV operator.
There appears to be much interest in OSV operators all of a sudden. Indeed OSVs is in tight supply and DCR (daily charter rates) is increasing since 2022. Perdana, having the cleanest balance sheet, should benefit and perhaps will be buying new vessels, especially AHTS.