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SAPNRG (5218) : SAPURA ENERGY BERHAD
Kumar888
Member Star
Posts: 2
Joined: Nov 2017
12 Dec 2017, 10:11 AMPost #41

when can buy? after election?

mr investor
Member Star
Posts: 40
Joined: Sep 2017
07 May 2018, 02:12 PMPost #42

Oil prices are rising. Find out why

https://www.mrinvestor12.com/2018/05/oil-prices-are-going-up.html

Mr_Bursa
Member Star
Posts: 1
Joined: Sep 2018
05 Sep 2018, 01:51 PMPost #43
It's dirt cheap.Wanted to raised 4 billion to wipe out debt.Somemore listing one of the subsidia...TE=kwok_39 @ 05 Sep 2018, 01:16 PM
Hope to see positive movement in the afternoon trade.

scotthong
Member Star
Posts: 67
Joined: Jan 2017
10 Jan 2019, 10:10 PMPost #44

SAPRNG (5218) - Technical Analysis

January 10, 2019 | Hong Wei Giet

Technical Analysis

=============

- Refer to previous technical analysis SAPRNG blogs on 25.12.2018, SAPRNG shares price don't fall below RM0.275.

- It retrenched from RM0.320 to RM0.280 which is slightly higher than previous level at RM0.275 with RSI in a dull.

 

More: https://www.fundamental-technical-analysis.com/

scotthong
Member Star
Posts: 67
Joined: Jan 2017
17 Jan 2019, 11:48 PMPost #45

SAPRNG (5218) - Technical Analysis

January 17, 2019 | HONG WEI GIET

Technical Analysis

============

- SAPRNG failed to challenge EMA20, downward trends and gap down on 14.01.2019. Then,

- More: https://www.fundamental-technical-analysis.com/

scotthong
Member Star
Posts: 67
Joined: Jan 2017
10 Feb 2019, 10:18 PMPost #46

SAPRNG (5218) - Technical Analysis

February 10, 2019 |HONG WEI GIET

Technical Analysis

============

- SAPRNG drop below to maintain RM0.275 with huge volume (Highest in 4 mths+) on 29.01.2019

- RSI fall below 20 and dull in 4 days.

- However, it tries to challenge 

More: https://www.fundamental-technical-analysis.com/

Tressy Tan
Member Star
Posts: 12
Joined: Dec 2018
22 Feb 2019, 09:57 AMPost #47

Malaysia-based oil and gas (O&G) services provider Sapura Energy Bhd is Austria-listed industrial company, OMV Aktiengesellschaft’s partner of choice.

OMV is a relatively new player in the Asia Pacific region.

“We were screening companies and assets in the region and Sapura top-ranked. We want to grow our business with Sapura,” the company’s deputy chief executive officer Johann Pleininger told Bernama here recently.

He was recalling the selection of Sapura Energy as the company’s new partner in the region, and which eventually saw the setting up of SapuraOMV Upstream Sdn Bhd in November last year, to focus on the Asia Pacific and Mexico.

He was met on the sidelines of the Asia Pacific Energy Award Dinner held here by the Energy Council, which saw OMV and Sapura claiming “The Asia Pacific Company of the Year of Upstream” and “The Asia Pacific Company of the Year of Energy Services, Offshore and Marine”, awards respectively.

According to Pleininger, Sapura Energy group’s production is expected to double or triple over the next five years through the strategic partnership.

“Sapura is right now producing about 10,000 barrels per day. We want to achieve 30,000 by the end of 2020 and around 60,000 to 70,000 in 2023,” he said.

Pleininger, who is also on OMV’s Executive Board, Upstream, described the partnership with Sapura Energy as a good idea.

He expressed OMV’s full commitment to Malaysia and the Asia Pacific region by looking at opportunities to increase business substantially.

“It (Sapura Energy) is a long-term partner,” he stressed.

Although OMV has been described as the “new kid on the block” in the region, it is currently the biggest oil and gas company in New Zealand.

It has also proven its capability by undertaking drastic cost-cutting measures over the last two or three years that saw its production cost fall from US$16.6 per barrel of oil equivalent (BOE) to below US$7.

“I think we are reaching the level we want to be now,” said Pleininger.

Commenting on the ability to run at a low cost to produce energy, Sapura Energy’s president and group chief executive officer, Tan Sri Shahril Shamsuddin, said: “It is an industry-wide effort to be agile, adept and to evolve from a very difficult time from four years ago, to a much better position (now).”

He said the industry’s ability to achieve a lower cost base through more effective execution was testimony “on how we work together to achieve this goal.”

Asked about the outlook of the O&G industry this year, Shahril sees things improving as stability comes in, with lots of activities and many good things happening.

As for Sapura Energy’s recent successful exercise to raise some RM4 billion via a rights issue, he said the company was now in a very good position to take advantage of the increased activities in the O&G industry.

Upon completion of the rights issue and joint venture with OMV, Sapura Energy’s gearing ratio will be reduced from 1.74 times to 0.62 times, which Shahril described as a good level for the amount of activities the company has.

On Sapura Energy winning the Asia Pacific Company of the Year of Upstream award, he paid tribute to Petronas, as the latter’s vendor development programme had enabled the company to build competencies to be a global player.

From a diving contractor to a fully-fledged upstream player, Sapura Energy now has a multinational workforce of about 9,000 and spectrum of capabilities covering engineering, construction and drilling (services segment), as well as exploration and production in more than 20 countries.

The services segment order book has grown to RM19.3 billion to date, the highest in the last two years, after having secured multiple contracts across the globe, including in Malaysia, Australia, India, Mexico, Nigeria and Saudi Arabia.

scotthong
Member Star
Posts: 67
Joined: Jan 2017
10 Mar 2019, 11:33 PMPost #48

SAPRNG (5218) - Technical Analysis

March 10, 2019| HONG WEI GIET

Technical Analysis

===========

- There is a huge transaction volume in the 6 months and push SAPRNG shares to RM0.310 and closed at RM0.305. 

- Furthermore, SAPRNG closed gap down on Feb 20, 2019 but it fail to sustain above the gap in next two(2) trading days.

- SAPRNG dropped and challenged 

More:- https://www.fundamental-technical-analysis.com/malaysia/author/HONG-WEI-GIET

Subiseo
Member Star
Posts: 5
Joined: Oct 2018
15 Mar 2019, 12:00 PMPost #49

AmInvestment Bank Research has upgraded Sapura Energy Bhd to “Buy” at 35 sen with a higher target price of 50 sen (from 30 sen) based on a 30% discount to an estimated diluted book value of 72 sen/share, following the completion of its RM4 billion rights issue.

In a note today, the research house said its earlier concerns on the 18.5% undersubscription or 1.8 billion ordinary shares out of the RM3 billion rights shares issued at 30 sen/share on a 5-for-3 basis have been alleviated as the underwriters Maybank Investment Bank, CIMB Investment Bank and RHB Investment Bank have completely disposed of the shares without causing any significant price swings.

“Additionally, we have become more confident of Sapura’s improving earnings prospects which currently stems overseas, principally in the Middle East, Brazil, Gulf of Mexico and West Africa.

“Selected as one of Saudi Aramco's 4 new long-term agreement programme contractors late last year, substantive order book expansions are still likely from Sapura's current tender book of US$8.5 billion with prospective bids of US$14.3 billion,” it said.

The research house said together with the completion of the sale of a 50% equity stake in Sapura Upstream to Austria-based OMV Aktiengesellschaft (OMV) for an enterprise value of US$1.6 billion, it expects Sapura’s net profit to surge by 2.2x for FY20F and 46% for FY21F from substantive cuts in interest costs, partly offset by the upstream earnings deconsolidation.

“Additionally, this will cut the group’s FY20F net gearing from 1.7x to a comfortable 0.5x.

“The stock currently trades at an unjustified ex-PBV of 0.5x for a company poised on an earnings inflection upturn,” it said.

yeah BUY!!!

scotthong
Member Star
Posts: 67
Joined: Jan 2017
23 Mar 2019, 11:54 PMPost #50

SAPRNG (5218) - Technical Analysis

March 23, 2019 | HONG WEI GIET

Technical Analysis

===========

- SAPRNG enters upward parallel trend cum with high transaction volume support since Feb 14, 2019.

- After huge transaction volume appeared on Mar 15, 2019, SPARNG achieved RM 0.375 which is highest in Y2019.

- We noticed transaction volume has been back to the lower level (less than 50% of transaction volume on Mar 15, 2019) and shares price entered the retrenchment period with immediate support at RM0.340.

- SAPRNG shares transactions volume even 

More:-https://www.fundamental-technical-analysis.com/malaysia/author/HONG-WEI-GIET

yusofalibee
Member Star
Posts: 12
Joined: Jan 2019
12 Apr 2019, 07:20 PMPost #51

My advise is keep accumulating this share, it will be around rm1.00 before year end as long as the price of crude remain above usd65/bbl. It is about usd72/bbl now.. Sapura has secured contract worth more tha rm1 billion. It was rm5/share at its peak around 2014

YAPSS
Member Star
Posts: 202
Joined: Mar 2019
18 May 2019, 09:03 PMPost #52

Hey! Today, R-Table will be covering Sapura Energy Berhad by presenting financial results in a short, fun & interesting way. Click the link below to watch the video.

Link: https://youtu.be/fzVA45jZwsg 
#YAPSS
 #RTable #SapuraEnergyBerhad #MakeInvestingFun

scotthong
Member Star
Posts: 67
Joined: Jan 2017
04 Jun 2019, 06:56 PMPost #53

SAPRNG (5218) - Technical Analysis

June 4, 2019 | HONG WEI GIET

Technical Analysis

=================

- SAPRNG fails to sustain above EMA120 with two (2) attempt on Mar 18-2019 and Apr 8-2019 respectively.

- It ended a short-term downward trend with lower low RSI level since Mar-2019 and bounce back above 20 levels.

- In term of technical analysis perspective, we need to wait for another retrenchment of RSI 

More:- https://www.fundamental-technical-analysis.com/

Conjufyn
Member Star
Posts: 47
Joined: Mar 2019
21 Jun 2019, 03:28 AMPost #54

So what we may say here ? That we already sorry for the people who bought a lof that stuff lately basically for everything being done here ? Is that what you say ? I see that words on the graphic charts you are posting here with fast speeds.

ng yow chai
Member Star
Posts: 4
Joined: Jul 2020
15 Nov 2021, 04:45 PMPost #55

yeahheadache

 

ng yow chai
Member Star
Posts: 4
Joined: Jul 2020
13 Jan 2022, 02:14 PMPost #56

Some rumours said PNB may inject cash to sustain the company due to -

1. Ex CEO's salary for Rm 80 mil per year had been omitted.

2. New experienced and professional teams being taking over the SAPNRG management

3. PNB could not affort to lose her investment sum of over >Rm 4 billion.

ng yow chai
Member Star
Posts: 4
Joined: Jul 2020
13 Jan 2022, 02:18 PMPost #57

To compound our believng - the Q buy is so much higher than Q sell.

ng yow chai
Member Star
Posts: 4
Joined: Jul 2020
20 Jan 2022, 03:50 PMPost #58

My prediction will come true i supposed. Now Q to sell almost NIL and Q to buy is over 100 million shares today

whytwocare
Member Star
Posts: 82
Joined: May 2018
27 May 2022, 01:03 AMPost #59

[KLSE Stock Series] Should you invest or trade Sapura Energy stock right now?

Is this an opportunity, or a greatest trap of all time?

https://malaysiainvestment88.blogspot.com/2022/05/klse-stock-series-sapura-energy-stock.html

i4value
Member StarMember Star
Posts: 556
Joined: Aug 2020
01 Jan 2024, 09:27 AMPost #60

Sapura Energy – turning around?

Crude oil prices are cyclical and if the revenue oil & gas companies are closely linked to crude oil prices, we can use crude oil prices as an indicator of its performance.

Take the example of Sapura Energy. When I looked at the past 10 years correlation between its revenue and Brent oil price for the same year, I found that there was a negative 0.31 correlation. Refer to the top chart.

But when I offset the revenue (eg by comparing the 2015 revenue with the 2013 Brent oil price and so on), the correlation was 0.85. This meant that changes in Brent oil prices explained almost ¾ of Sapura Energy revenue 2 years later. Refer to the bottom chart.

In other words, Sapura Energy 2023 performance was linked to the 2021 Brent oil prices and so on.

We know that Brent prices in 2022 and 2023 were higher than that for 2021. Does the correlation meant that in 2024 and 2025, we will see higher revenue for Sapura Energy?

If so, will this mean that we will see a turnaround for the company? Can we use the same analysis for other Bursa energy companies?


yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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