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Home calvintaneng T7GLOBAL T7 GLOBAL (7228) Or TANJONG OFFSHORE (T7GLOBAL, 7228), An Undervalue Sme Support for OGSE, Calvin Tan Research

T7 GLOBAL (7228) Or TANJONG OFFSHORE (T7GLOBAL, 7228), An Undervalue Sme Support for OGSE, Calvin Tan Research

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Hi guys,
Amazing performance by Dayang & Penergy price run up
Now T7 GLOBAL (7228) is another SME OGSE (Oil & Gas Service / Equipment yet to run
 
And these are the Salient factors for T7 Global
1)  T7 GLOBAL like Penergy, has withstood the Oil Downturn & Should Now Perform
During the recent crash of Crude oil to USD27 per barrel many OGSE off shore entities were hit badly
Many gone into insolvency like Alam Martin, KNM,  Daya, Barakah Offshore, Perisai, Perdana, Bumi Armada & even the mighty Sapura Energy (Sapnrg)
2 Stocks stood out for clean bill of health. Penergy & T7 Global
Both now are at Positive Turnaround
 
2)T7 GLOBAL Is OGSE Supporting Vendor
PENERGY is One of the 5 Chosen OGSE but Petronas latest Action is to Rope in SME supporting OGSE
To do that it has summoned the help of 5 Banks to provide loans for these SME (small medium enterprize) to spur further exploits of OGSE
See
KUALA LUMPUR (Feb 22, 2019): Petronas is collaborating with another five financial institutions to provide financial solutions to Oil & Gas Services and Equipment (OGSE) vendors, via the Vendor Financing Programme for subcontractors, mid-tier and large companies in the sector.
Petronas presented Memoranda of Understanding (MoUs) on the programme to five banks — Export-Import Bank of Malaysia Berhad, HSBC Bank Malaysia Berhad, Maybank, RHB Islamic Bank Berhad and United Overseas Bank (Malaysia) Bhd.
The Vendor Financing Programme aims to improve access to financing and liquidity to local OGSE vendors, particularly subcontractors, where successful applicants will benefit from competitive rates and efficient financing processes from participating financial institutions.
Petronas has roped in more than 20 major local Maintenance and Engineering, Procurement, Construction & Commissioning (EPCC) contractors and their subcontractors for collaboration in validating their financing applications.
 
3) TGlobal (Tanjong Offshore)  being an Off Shore player will be part of the Consortium. It has long years of experience doing Off Shore works
Refer to T7 Global Company Website:

ENERGY

T7 Global has its roots in the servicing business of the Oil & Gas industry. T7 offers proven solutions and expertise in the area of EPCC, project management, operation and maintenance. T7 Global work exclusively with OEMs to deliver products and engineered equipment for complex projects. Read more…
  • T7 Global has positioned to be one of the “go-to maintenance provider” for PETRONAS and other field operators.
 
 
4) T7 GLOBAL also has Investments in Commercial & Industrial Properties
It has Aero space Industry in Serendah, Shops still at old book value in Setiawangsa, industrial lands in Kemaman
See T7 Global Annual Report (Properties owned )
 
1)GRN 38601 Lot No. 25929 Mukim of Setapak, District and State of Wilayah Persekutuan/ No.8-3, Jalan Puncak Setiawangsa 4, 54200 Kuala Lumpur
Age of Building: 14 Years Tenure: Freehold.
1,760/(4,634) Rm460,587.30
 
A check with Google Map revealed that the Property in Jln Puncak Setiawangsa 4 is actually a 3 Storey Shophouse.
Land Size is 1,760 sq ft And in bracket (4,634) means it has upward 2 more storey in height
SO A 3 STOREY FREEHOLD SHOPHOUSE IN SETAPAK After 14 Years Should be at Least Rm1 Millions
And in the Manifesto of T7 Global: One of Its Focus after Oil & Gas is Real Estate Investment
So far these have not yet been revalued as yet. So there is hidden value in T7 Global
 
 
 
5) ECRL - THIS APRIL MALAYSIA - CHINA MIGHT RESTORE ECRL (East Coastal Rail Line)
ECRL is another Catalyst for T7 Global due to these reasons
a) ECRL passes through Serendah, Kemaman & has a station in Gombak & Gombak only 15.9 km to Setiawangsa shops of T7 Global
b) Another possible booster is revival of T7 GLobal partnership with China Contractors in Bidding for ECRL jobs
c) Third was a rumour of TSVT being involved with TGlobal last time when he bought a huge position in T7 Global & exited later
 
6) With Clean & Healthy Balance Sheet Going Into 2 Major Catalysts of Oil & Gas Bull Run & Revival of ECRL by April 2019 (only one month from now) It is only a matter of time T7 Global will come into focus of both Investors & Retail Players
 
7) LIKE PENERGY  - INSIDERS OF T7 GLOBAL ARE BUYING AND BUYING T7 GLOBAL SHARES
See
 
 
 
 
 
Today T7 Global is 52 sen
Calvin has a modest upside Target Price for T7 Global at 90 sen
So there is 73% upside from here
 
BEST REGARDS
 
Calvin Tan
Singapore
 
Please buy/sell after doing your own due diligence.
 
Price of T7 Global now tailed dayang and penergy
And T7Global expected to get job award from Petronas next on the agenda
 
See more
 
TANJUNG OFFSHORE SERVICES SDN BHD (100697-T) Tanjung Offshore Services Sdn Bhd (“TOS”), a wholly owned subsidiary of T7 Global commenced business in the mid-1990s as an Oil & Gas service provider. TOS is able to offer plant maintenance, drilling & production services, offshore marine services, facility decommissioning, as well as product & engineered equipment across the upstream and downstream value chain.
TOS has base operations in four locations: Kemaman, Pengerang, Bintulu and Miri. With more than 25 years of experience, Tanjung Offshore has grown into a household name and become a reputable integrated service provider for the industry. With various in-house expertises, TOS can engage constructive interactions with end-users to introduce value-added ideas for exploration, production and abandonment stages of the oilfield.
Notably, TOS introduced the first Mobile Offshore Production Unit (“MOPU”) and Tarpon-guyed platform structures in Malaysian waters and executed the first Rig-to-Reef program in east coast of Peninsular Malaysia. TOS collaborates with world-renowned Engineering Companies to deliver EPCC projects. TOS is involved from the initial engineering design, project management, planning, and implementation to troubleshooting and maintenance. With the inclusion of Gas Generators (Malaysia) Sdn. Bhd. (“GASTEC”) and Wenmax Sdn. Bhd. (“WENMAX”), TOS is able to tap into GASTEC and WENMAX’s Original Equipment Manufacturer (OEM) relationship to offer a turnkey solution for specialized products and engineered equipment. TOS is registered with Petronas licence for a vast category of products and services. TOS is consistently improving the quality of products and services to meet not only the stringent requirements of the industry but also the standards that our clients are satisfied with. All these are done without compromising the Health, Safety and Environment aspects.
 
Image result for tanjung offshore picture

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/196388.jsp
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