Kencana unit gets RM216m job from Petrofac

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Which Kencana CALL WARRANT CAN BUYYYYYYYYYYYY???

Let's check:

We have KENCANA - CD, CE, CF, CG ---- until CH.

More than 20% premium is out.

So left Kencana CC, CD and CE.

Less than 3 months expiry one also excluded. CC and CE expiry in May but if u can fast in fast out OK.

Kencana CC - 18 May 2011 1.60 Ratio: 2 for 1 50k share premium -ve

Kencana CD - 14 Sept 2011 1.50 Ratio: 3 for 1 100k share premium 0

Kencana CE - 3 May 2011 1.80 Ratio: 2 for 1 90k share premium +0.1


Best one is KENCANA CD ..., aiya YK u buy at the right time.

Kencana TODAY closing 2.58

CC - 0.485 ( 0.485*2 + 1.60 = 2.57)
CD - 0.365 ( 0.365*3 +1.50 = 2.595)
CE - 0.40 no volume (0.40*2+1.80 = 2.60)

tomorrow sapu CD at 0.365. or CC


Written by Surin Murugiah of theedgemalaysia.com
Tuesday, 29 March 2011 18:21


KUALA LUMPUR: KENCANA PETROLEUM BHD [] has secured a RM216 million contract from Petrofac Malaysia Ltd for the CONSTRUCTION [] of well head platforms for the Cendor oil field off the coast of Terengganu.

Kencana said on Tuesday, March that its unit Kencana HL Sdn Bhd would undertake the engineering, procurement and construction of two units wellhead platforms for the Cendor Phase 2 Development Project.

It said the contract was a one-off construction contract and expected to be completed within the second quarter of 2012.

Kencana said the contract was expected to contribute positively to its earnings for the financial years ending July 31, 2011 and 2012.

1 comments:

i oso got some ken-cd at 0.365 today... ^_^|||
i think if tomorrow kencana rolls... 0.370 still can try la...

thanks for sharing the info CK!