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SAPNRG-WA (5218WA) : SAPURA ENERGY BERHAD - WARRANTS A 2019/2026
SSLai
Member Star
Posts: 12
Joined: Oct 2012
Male, MYS
08 Apr 2019, 03:08 PMPost #1

Bought at 0.121 average price, it has a great potential and start seeing counter moving up. 

Sapure Energy was doing badly in FY2014-2018.

In FY19, Sapura Energy managed to complete 4b right issue and to ease the net gearing from 1.7 times to a comfortable 0.6 times.

Recenly, managed to win new contract 9.3b added to current orderbook of 17.2b.  

The company has a great potential. The Brent crude oil is stabilizing at USD 65-70 bbl.

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