Nicholas Wong

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Joined Apr 2020

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Many O&G companies in U.S. facing bankruptcy now, around 1000 companies according to sin chew news
5 years · translate
Very likely the project will be cancelled... Even Petronas cancelled the rm 26bn project
5 years · translate
Petronas都取消合约了
5 years · translate
很大可能取消合约。逾千个美国油气公司都面临破产危机。。
5 years · translate
But if invest in the company's value by holding stocks for 1 or 2 year, stock price might rise back to as b4. The rise of share price for now is just temporary, following the news.
5 years · translate
Even sales come in, the amount might not be enuf to cover all expenses and loans as before. Some more, before covid19 burst out, edy negative in net profit in year 2019.
5 years · translate
By the end of 2019 there was about 300% increase of accrued expenses... worried about AA's ability to pay off without revenue in 2020... what do you think?
5 years · translate
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