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KLSE : SKPETRO       SAPURAKENCANA PETROLEUM BHD
Last Price Avg Target Price   Upside/Downside Price Call
3.60 5.59     +1.99 (55.28%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
26/09/2014 4.13 5.30 +1.17 (28.33%) BUY MAYBANK Price Target News
26/09/2014 4.13 5.57 +1.44 (34.87%) BUY KENANGA Price Target News
26/09/2014 4.13 6.06 +1.93 (46.73%) BUY JF APEX Price Target News
26/09/2014 4.13 5.52 +1.39 (33.66%) BUY HLG Price Target News
26/09/2014 4.13 7.00 +2.87 (69.49%) BUY CIMB Price Target News
26/09/2014 4.13 5.70 +1.57 (38.01%) BUY AMMB Price Target News
03/09/2014 4.29 7.00 +2.71 (63.17%) BUY CIMB Price Target News
02/09/2014 4.23 5.98 +1.75 (41.37%) BUY TA Price Target News
02/09/2014 4.23 5.33 +1.10 (26.00%) BUY RHB Price Target News
02/09/2014 4.23 5.59 +1.36 (32.15%) BUY MIDF Price Target News
02/09/2014 4.23 5.52 +1.29 (30.50%) BUY HLG Price Target News
02/09/2014 4.23 7.00 +2.77 (65.48%) BUY CIMB Price Target News
02/09/2014 4.23 5.70 +1.47 (34.75%) BUY AMMB Price Target News
02/09/2014 4.23 5.55 +1.32 (31.21%) BUY ALLIANCE Price Target News
25/08/2014 4.28 5.52 +1.24 (28.97%) BUY HLG Price Target News
25/08/2014 4.28 7.00 +2.72 (63.55%) BUY CIMB Price Target News
25/08/2014 4.28 5.70 +1.42 (33.18%) BUY AMMB Price Target News
25/08/2014 4.28 5.55 +1.27 (29.67%) BUY ALLIANCE Price Target News
08/07/2014 4.39 5.70 +1.31 (29.84%) BUY AMMB Price Target News
04/07/2014 4.39 7.00 +2.61 (59.45%) BUY CIMB Price Target News
04/07/2014 4.39 5.70 +1.31 (29.84%) BUY AMMB Price Target News
03/07/2014 4.40 5.70 +1.30 (29.55%) BUY AMMB Price Target News
23/06/2014 4.49 7.00 +2.51 (55.90%) BUY CIMB Price Target News
20/06/2014 4.36 5.33 +0.97 (22.25%) BUY RHB Price Target News
20/06/2014 4.36 5.59 +1.23 (28.21%) BUY MIDF Price Target News
20/06/2014 4.36 5.30 +0.94 (21.56%) BUY MAYBANK Price Target News
20/06/2014 4.36 5.57 +1.21 (27.75%) BUY KENANGA Price Target News
20/06/2014 4.36 6.06 +1.70 (38.99%) BUY JF APEX Price Target News
20/06/2014 4.36 5.52 +1.16 (26.61%) BUY HLG Price Target News
20/06/2014 4.36 7.00 +2.64 (60.55%) BUY CIMB Price Target News
20/06/2014 4.36 5.70 +1.34 (30.73%) BUY AMMB Price Target News
20/06/2014 4.36 4.33 -0.03 (0.69%) BUY ALLIANCE Price Target News
19/06/2014 4.30 5.33 +1.03 (23.95%) BUY RHB Price Target News
17/06/2014 4.30 5.98 +1.68 (39.07%) BUY TA Price Target News
17/06/2014 4.30 5.59 +1.29 (30.00%) BUY MIDF Price Target News
17/06/2014 4.30 5.30 +1.00 (23.26%) BUY MAYBANK Price Target News
17/06/2014 4.30 5.57 +1.27 (29.53%) BUY KENANGA Price Target News
17/06/2014 4.30 5.52 +1.22 (28.37%) BUY HLG Price Target News
17/06/2014 4.30 7.00 +2.70 (62.79%) BUY CIMB Price Target News
17/06/2014 4.30 5.70 +1.40 (32.56%) BUY AMMB Price Target News
17/06/2014 4.30 5.55 +1.25 (29.07%) BUY ALLIANCE Price Target News
10/06/2014 4.03 5.61 +1.58 (39.21%) BUY RHB Price Target News
10/06/2014 4.03 5.30 +1.27 (31.51%) BUY MAYBANK Price Target News
10/06/2014 4.03 5.57 +1.54 (38.21%) BUY KENANGA Price Target News
10/06/2014 4.03 7.00 +2.97 (73.70%) BUY CIMB Price Target News
10/06/2014 4.03 5.70 +1.67 (41.44%) BUY AMMB Price Target News
10/06/2014 4.03 3.99 -0.04 (0.99%) BUY ALLIANCE Price Target News
22/05/2014 4.26 5.55 +1.29 (30.28%) BUY ALLIANCE Price Target News
16/05/2014 4.35 5.59 +1.24 (28.51%) BUY MIDF Price Target News
16/05/2014 4.35 5.30 +0.95 (21.84%) BUY MAYBANK Price Target News
16/05/2014 4.35 5.57 +1.22 (28.05%) BUY KENANGA Price Target News
16/05/2014 4.35 5.52 +1.17 (26.90%) BUY HLG Price Target News
16/05/2014 4.35 6.75 +2.40 (55.17%) BUY CIMB Price Target News
16/05/2014 4.35 5.70 +1.35 (31.03%) BUY AMMB Price Target News


Price Target Research Article/News (past 6 months)
26/09/2014  MAYBANK SapuraKencana Petroleum - No surprises
26/09/2014  KENANGA SapuraKencana Petroleum - 2Q15 Results Within Expectation
26/09/2014  JF APEX Drilling continues to lead growth
26/09/2014  HLG SapuraKencana Petroleum - 1HFY15 result
26/09/2014  CIMB SapuraKencana Petroleum - Reaching for the SKEI
26/09/2014  AMMB SapuraKencana - Strong earnings supported by Newfield contribution BUY
03/09/2014  CIMB SapuraKencana Petroleum - Find and dandy
02/09/2014  TA SKPETRO - 1 New Gas Discovery & 3 New Offshore Projects
02/09/2014  RHB SapuraKencana Petroleum - Positive Discoveries At Small Gas Field
02/09/2014  MIDF SKPETRO - Three new contracts and a gas find
02/09/2014  HLG Sapura Kencana - Gas Discovery…
02/09/2014  CIMB SapuraKencana Petroleum - Fab news to end the week
02/09/2014  AMMB SapuraKencana Petroleum - Additional jobs worth RM393mil BUY
02/09/2014  ALLIANCE SKPETRO - Positive news continues
25/08/2014  HLG Sapura Kencana - Makes Big Gas Dicovery?
25/08/2014  CIMB SapuraKencana Petroleum - All gassed up and everywhere to go
25/08/2014  AMMB SapuraKencana - Promising new exploratory well results for SK408 BUY
25/08/2014  ALLIANCE SKPETRO - More upstream success
08/07/2014  AMMB SapuraKencana Petroleum - Bidding for Petronas’ PSCs in Vietnam BUY
04/07/2014  CIMB SapuraKencana Petroleum - Scoring big in Brazil
04/07/2014  AMMB SapuraKencana Petroleum - Leading in RM1.6bil Vietnam T&I tender BUY
03/07/2014  AMMB SapuraKencana Petroleum - PLSV Sapura Diamante starts operation BUY
23/06/2014  CIMB SapuraKencana Petroleum - Top of the barrel
20/06/2014  RHB SapuraKencana Petroleum - Positive on Stable Results and EPCIC Winner
20/06/2014  MIDF SapuraKencana - Inaugural dividend from the merged entity
20/06/2014  MAYBANK SapuraKencana Petroleum - Results on track
20/06/2014  KENANGA SapuraKencana Petroleum - 1Q15 Within Expectations
20/06/2014  JF APEX SKPETRO - Newfield Malaysia contribution kicks in
20/06/2014  HLG Sapura Kencana - Integration of Newfield Asset
20/06/2014  CIMB SapuraKencana Petroleum - This is fab!
20/06/2014  AMMB SapuraKencana Petroleum - Strong 1QFY15 with fresh RM1.3bil EPCIC contract BUY
20/06/2014  ALLIANCE SKPETRO - Upstream boost
19/06/2014  RHB SapuraKencana Petroleum - Showing The World Its Capabilities
17/06/2014  TA SKPETRO - Drilling Deep to Profitability
17/06/2014  MIDF SapuraKencana - USD700m Jobs
17/06/2014  MAYBANK SapuraKencana Petroleum - Bags USD700m rigs contracts
17/06/2014  KENANGA SapuraKencana Petroleum - Bagged Drilling Contracts, Again!
17/06/2014  HLG Sapura Kencana - Order Replenishment
17/06/2014  CIMB SapuraKencana Petroleum - The incredible bulk
17/06/2014  AMMB SapuraKencana Petroleum - RM2.3bil new rig charters support earnings outlook
17/06/2014  ALLIANCE SKPETRO - Clinches RM2.3bn of drilling contracts
10/06/2014  RHB SapuraKencana Petroleum - Gas Discoveries in SK408
10/06/2014  MAYBANK SapuraKencana Petroleum - Finds natural gas at SK408 field
10/06/2014  KENANGA SapuraKencana Petroleum - Four Gas Discoveries!
10/06/2014  CIMB SapuraKencana Petroleum - 408 reasons to buy this stock
10/06/2014  AMMB SapuraKencana - Four strikes from four initial SK408 exploration wells BUY
10/06/2014  ALLIANCE SKPETRO - Successful drilling in Sarawak
22/05/2014  ALLIANCE SKPETRO - New contracts secured
16/05/2014  MIDF SapuraKencana - Five jobs worth USD312m
16/05/2014  MAYBANK SapuraKencana Petroleum - Contracts galore
16/05/2014  KENANGA SapuraKencana Petroleum - Jackpots Across All Divisions!
16/05/2014  HLG Sapura Kencana - Multiple Contracts Awards
16/05/2014  CIMB SapuraKencana Petroleum - Follow the orders
16/05/2014  AMMB SapuraKencana Petroleum - RM1bil contracts support re-rating catalysts BUY



  29 people like this.
 
Joel 23.10.2014,
Huge shares Acquired fr EPF are:
2,556,800 units !!!
24/10/2014 08:02
tshwong Be patient, Skpetro will definitely moved above 4 within this year. I'll only sell with it reach 4.2 and above, a dolar fat profit. Buy when the ppl fear, buy more when the ppl panicked. Sell when ppl started to build their dream.
24/10/2014 08:54
Nitezzz 2,556,800 not consider huge by epf..
24/10/2014 09:07
Investeye Is it a good time to buy O&G stocks?

KUALA LUMPUR: The recent fall in crude oil price that has sparked fears in the oil and gas (O&G) sector and caused a major selldown in most O&G counters here since early this month, begs the question: Is now a good time to buy O&G stocks?

CIMB Research advised its clients “with a long-term investment horizon to take advantage of the recent share price correction to accumulate” in a note on Tuesday.

It said O&G companies are sticking to their growth plans and eyeing opportunities for mergers and acquisitions as the sluggish market has “thrown up attractive valuations”.

Alam Maritim Resources Bhd ( Financial Dashboard), which provides marine services to the offshore O&G industry, concurred.

“We have not seen valuations at this level over the past two to three years,” chief financial officer Soffan Affendi Aminudin told The Edge Financial Daily.

He said the recent selldown was “a temporary correction as most O&G companies are fundamentally intact” and there remains strong earnings visibility in most O&G service providers.

AmResearch, however, downgraded its sector view from “overweight” to “neutral” in a report last week, and attributed its move to — among others — the slow rollout of new O&G orders for Malaysian players, which were at RM711 million in the third quarter of 2014 (3Q14) from RM8 billion in the previous quarter.

But Soffan said slower project roll-outs in the award of new tenders in 3Q14 are not a concern as the 3Q14 figures are “fair”, compared to the previous all-time high of RM17.5 billion in O&G contracts awarded by Petroliam Nasional Bhd (Petronas) in 2Q13.

“[The industry] has been seeing many downstream jobs in 2014, plus a few upstream contracts from early 2012, which have not been called out by Petronas yet. These jobs have yet to be done and are only due to expire in 2016,” he said, referring to a backlog of contracts awarded in 2012 and 2013 that are due to be rolled out in the next three years.

UMW Oil and Gas Bhd (UMW-OG) chief executive Rohaizad Darus echoed Soffan’s view that now is a good time to buy, and that he is “not overly worried” about the recent selldown in O&G shares.

“My rigs are still getting jobs at good rates and we are booking good profit so I don’t believe I need to overly worry about the share price slump. And since we have gone down so much, people may want to take the opportunity to buy,” he said, noting that analysts have also remained largely positive on UMW-OG, with CIMB Research giving it a target price of RM5.11. The counter closed on Tuesday at RM3.48, with a market capitalisation of RM7.52 billion.

Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) ( Financial Dashboard), in an email reply, said the sharp decline in O&G stocks was more reflective of investor sentiment towards the sector than “any company specific issue” and that “as long as the global population requires energy, there will be demand for the O&G industry’s value chain of services that MHB can provide”.

An analyst, who covers the O&G sector, concurred that the recent O&G selldown was largely due to the perception of falling crude oil prices.

As at Tuesday, Brent crude oil spot price was at US$85.74 (RM279.51) per barrel, down 25.48% from US$115.06 in mid-June.

“If you were to look at the dynamics of O&G players in Malaysia, they are all service providers which do not directly derive their revenue from the sale of oil,” said the analyst, contrasting this with large O&G exploration companies like Royal Dutch Shell plc ( Financial Dashboard) and BP plc.

“Oil companies will still be incentivised to produce oil and hence the need for the services of O&G service providers — as long as the former’s cost or breakeven price is not breached,” he said.“
24/10/2014 09:16
Syed Abd Kadir Almushayakh where/when there is oil, they still need services to produce/acquire the oil.
24/10/2014 11:16
The One Other stocks have been moving up quite a lot since yesterday. But this one dropped n today very turtlish trying to go up. Whats wrong? I thought tis is a fundamentally good company?
24/10/2014 13:31
Joel 给他时间。
24/10/2014 13:54
Joel 今天应该会达RM3.70@SKPETRO.
24/10/2014 15:53
addylee steady
24/10/2014 20:08
GoldenShares WTI Heads for Weekly Drop as Saudi Policy Seen Unchanged

West Texas Intermediate retreated from the biggest gain since September amid speculation a drop in Saudi Arabian oil supplies isn’t a signal that OPEC’s largest producer has decided to cut production. Brent slid in London.

Futures fell as much as 1.3 percent in New York and are poised for a fourth weekly decline.
24/10/2014 22:52


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