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KLSE: SAPNRG       SAPURA ENERGY BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.125 0.15     +0.025 (20.00%)
* 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
22/07/2021 0.125 0.14 +0.015 (12.00%) HOLD PUBLIC BANK Price Target News
22/07/2021 0.125 0.15 +0.025 (20.00%) BUY HLG Price Target News
22/07/2021 0.125 0.29 +0.165 (132.00%) BUY AmInvest Price Target News
30/06/2021 0.13 0.14 +0.01 (7.69%) HOLD PUBLIC BANK Price Target News
30/06/2021 0.13 0.21 +0.08 (61.54%) BUY KENANGA Price Target News
30/06/2021 0.13 0.17 +0.04 (30.77%) BUY JF APEX Price Target News
30/06/2021 0.13 0.15 +0.02 (15.38%) BUY HLG Price Target News
30/06/2021 0.13 0.29 +0.16 (123.08%) BUY AmInvest Price Target News
28/04/2021 0.135 0.10 -0.035 (25.93%) TRADING SELL PUBLIC BANK Price Target News
28/04/2021 0.135 0.21 +0.075 (55.56%) BUY KENANGA Price Target News
28/04/2021 0.135 0.17 +0.035 (25.93%) BUY JF APEX Price Target News
28/04/2021 0.135 0.15 +0.015 (11.11%) BUY HLG Price Target News
28/04/2021 0.135 0.29 +0.155 (114.81%) BUY AmInvest Price Target News
28/04/2021 0.135 0.10 -0.035 (25.93%) SELL AffinHwang Price Target News
31/03/2021 0.15 0.10 -0.05 (33.33%) TRADING SELL PUBLIC BANK Price Target News
31/03/2021 0.15 0.29 +0.14 (93.33%) BUY AmInvest Price Target News
22/02/2021 0.15 0.05 -0.10 (66.67%) SELL KENANGA Price Target News
11/02/2021 0.13 0.10 -0.03 (23.08%) TRADING SELL PUBLIC BANK Price Target News
11/02/2021 0.13 0.05 -0.08 (61.54%) SELL KENANGA Price Target News
11/02/2021 0.13 0.15 +0.02 (15.38%) BUY HLG Price Target News
11/02/2021 0.13 0.29 +0.16 (123.08%) BUY AmInvest Price Target News
10/02/2021 0.12 0.29 +0.17 (141.67%) BUY AmInvest Price Target News


Price Target Research Article/News (past 6 months)
22/07/2021  PUBLIC BANK Sapura Energy - Bags More Contracts
22/07/2021  HLG Sapura Energy - Drilling Into Profitability
22/07/2021  AmInvest Sapura Energy - Fresh contracts support re-rating prospects
30/06/2021  PUBLIC BANK SAPURA ENERGY - Not Out of the Woods Yet
30/06/2021  KENANGA Sapura Energy Berhad - 1QFY22 Narrowed Losses
30/06/2021  JF APEX Sapura Energy Bhd - Earnings Impacted by Forex Loss
30/06/2021  HLG Sapura Energy - Satisfactory Results Despite Losses
30/06/2021  AmInvest Sapura Energy - Stronger underlying core performance
28/04/2021  PUBLIC BANK Sapura Energy - Widening Losses
28/04/2021  KENANGA Sapura Energy Berhad - FY21 Narrows Core Net Loss
28/04/2021  JF APEX Sapura Energy Bhd - Earnings Impacted by COVID-19
28/04/2021  HLG Sapura Energy - Improvements Expected Despite Poor 4Q21
28/04/2021  AmInvest Sapura Energy - Poised for recovery from kitchen-sinking exercise
28/04/2021  AffinHwang Sapura Energy - 4QFY21: Always a Hidden Cost Somewhere
31/03/2021  PUBLIC BANK PublicInvest Research Headlines - 31 Mar 2021
31/03/2021  AmInvest Sapura Energy - Refinancing inflection point
22/02/2021  KENANGA Petronas Dagangan - Suffered from Travel Restrictions
11/02/2021  PUBLIC BANK Sapura Energy - Replenishing Orderbook
11/02/2021  KENANGA Sapura Energy Berhad - Contracts Award Worth RM1.85b
11/02/2021  HLG Sapura Energy - Improving Fundamentals With Contract Wins
11/02/2021  AmInvest Rep20210211_SAPE-20210211.pdf
10/02/2021  AmInvest Sapura Energy - Brazil ops continue despite Seadrill's financial distress



  75 people like this.
 
Godofgambler I always see Sapura will reach Tp0.30 one day
21/07/2021 11:41 PM
lzt21 telegram: sapura discussion group
21/07/2021 11:55 PM
ZackMaz Naik 0.3, terus saya boleh cover my loss kat Bursa.
22/07/2021 12:49 AM
bullmarket1628 Walaoeh, oil price continue to spike up like mad !
Brent closed at $72.1‪3 +2.78 +4.0 %‬

Huat ah, Heng ah, Ong ah !
22/07/2021 7:29 AM
strattegist aiyooooooo
22/07/2021 8:14 AM
cashflow Sapura 50 cents next year
22/07/2021 8:15 AM
bullmarket1628 OTHERS SAPURA ENERGY BERHAD - AWARD OF CONTRACTS
Description : SAPURA ENERGY BERHAD - AWARD OF CONTRACTS
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3176665

INTRODUCTION:
Sapura Energy Berhad (“Sapura Energy" or the “Company”) is pleased to announce that its wholly-owned subsidiaries in Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling have been awarded contracts/contract extensions with a combined value of approximately RM1.2 billion.

Details of each of these contracts/contract extensions (collectively referred to as “Contracts”) are as summarised below:
Engineering & Construction:
Malaysia
AWARD OF CONTRACT FOR PROVISION OF TRANSPORTATION AND INSTALLATION OF PEMANIS WELLHEAD PLATFORM TOPSIDE FROM PTTEP SARAWAK OIL LIMITED.
Sapura Offshore Sdn. Bhd. has been awarded with a contract for provision of Transportation and Installation of Pemanis Wellhead Platform Topside under the Pan Malaysia Transportation and Installation of Offshore Facilities 2021 Campaign by PTTEP Sarawak Oil Limited.
The scope of work includes transportation and installation, engineering, survey, interfacing, topside installation and handover, removal of temporary structures and other optional works as specified in the contract. The contract effective date is 2 February 2021 and the work duration is for eight (8) months.
AWARD OF CONTRACT FOR REPLACEMENT OF 10” SELIGI-AC TO SELIGI-B GAS-LIFT SUBSEA PIPELINE AND RISERS INCLUDING TRANSPORTATION AND INSTALLATION SERVICES FROM ENQUEST PETROLEUM PRODUCTION MALAYSIA LTD.
Sapura Offshore Sdn. Bhd. has been awarded with a contract for replacement of 10” Seligi-AC to Seligi-B Gas-Lift Subsea Pipeline and Risers including Transportation and Installation Services under the Pan Malaysia Transportation and Installation of Offshore Facilities by EnQuest Petroleum Production Malaysia Ltd.
The contract scope of work includes engineering, transportation, supply of miscellaneous materials, certain prefabrication scopes, installation (including installation of risers, riser clamps, riser guards, subsea tie-ins, etc.) and pre-commissioning of the pipelines and other optional works as specified in the contract. The work duration is for five (5) months and are expected to be completed by Q4 calendar year 2021.
Operations & Maintenance:
Malaysia
AWARD OF CONTRACT FOR THE PROVISION OF MAINTENANCE, CONSTRUCTION AND MODIFICATION FOR PM8 EXTENSION PRODUCTION SHARING CONTRACT ("PM8E") FROM ENQUEST PETROLEUM PRODUCTION MALAYSIA LTD.
Sapura Fabrication Sdn. Bhd. has received an award for the provision of Maintenance, Construction and Modification for PM8 Extension Production Sharing Contract (“PM8E”), consisting of the PM8 and Seligi fields from EnQuest Petroleum Production Malaysia Ltd (“EnQuest”). The award is a farm-in arrangement with a contract entered into with ExxonMobil Exploration and Production Malaysia Inc.
The contract scope of work comprises project management, fabrication, offshore maintenance, construction and modification work including tools, equipment, material and consumables. The contract is effective from 14 March 2021 for a duration of one (1) year. During this period, EnQuest may issue work orders on call-off basis for actual work execution.
AWARD OF CONTRACT FOR THE PROVISION OF TOPSIDE MAJOR MAINTENANCE SERVICES FROM SARAWAK SHELL BERHAD AND SABAH SHELL PETROLEUM COMPANY LIMITED.
Sapura Fabrication Sdn. Bhd. has received an award for the provision of Topside Major Maintenance Services from Sarawak Shell Berhad (“SSB”) and Sabah Shell Petroleum Company Limited (“SSPC”).
The contract scope of work comprises Topside Major Maintenance works, specifically for Package B for various projects located Offshore Sabah and Sarawak. The contract is effective from 29 April 2021 until 19 August 2023. During this period, SSB and SSPC may issue work orders on call-off basis for actual work execution.
Drilling:
Malaysia
AWARD OF CONTRACT BY PETRONAS CARIGALI SDN BHD FOR THE PROVISION OF TENDER-ASSIST DRILLING RIG(S) FOR DRILLING ACTIVITIES OFFSHORE MALAYSIA.
Sapura Drilling Asia Sdn. Bhd. has been awarded a contract by PETRONAS Carigali Sdn. Bhd. for the provision of tender assist drilling rig(s) for a duration of two (2) years, commencing 26 April 2021 to 25 April 2023. The contract provides for an option of two (2) years’ extension and is based on call-out of any semi-submersible tender-assist drilling rigs or tender barges, subject to rig availability and suitability with client’s requirements.
.............................................................................
This announcement is dated 21 July 2021.
22/07/2021 9:12 AM
bullmarket1628 Walaoeh, Sapnrg grabbed a super big contract worth RM1.2 billion.
Like that Sapnrg going to limit up liao lah today !

Huat ah, Heng ah, Ong ah !
22/07/2021 9:17 AM
UlarSawa As usual no effect after announced rm1.2b new contract. Sapnrg need rm1.5bil per qtr . Tak cukup jobs lah. Work harder lah. Thats why share price also no up. Correct?
22/07/2021 12:00 PM
TuaTuaLiap boleh goreng kah?
22/07/2021 12:09 PM
ruhaizat69 Trap to right issue
22/07/2021 12:49 PM
strattegist aiyoyo
22/07/2021 2:23 PM
Jeffreyteck New contract means more losses as profit margin is negative 5%???
22/07/2021 2:37 PM
Nikmon Not about how much contract worth, is about the margin...AGM next week and wait for next result....if profit than limit up is possible. Haha
22/07/2021 2:37 PM
Nikmon . We believe that Sapura will be in the black from FY22 onwards after being in the red for 4 consecutive years (from FY18-FY22)
22/07/2021 2:46 PM
UlarSawa Sapnrg every qtr also 1.5bil revenue pun takda much
operatong profit can get. if 1.2bil new contracts ini macam will deficit by 300mil per qtr. Itu total contract value on hand will drop also right. So must at least to maintain 1.50bil new contract each qtr baru can maintain the future 2 yrs pun ada job right. Hisab mau kira sikit the on hand job contracts getting lower and lower meaning it cannot last average 1.5bil per qtr revenue if spread out evenly over 2 yrs into 8 qtrs. Anyway pray hard lah. Margin pun tak cukup bayar finance cost leh. you kira kira sikit lah. Lagi mau minus impairment lah depreciation lah foreign exch loss lah.. etc etc. Ada cukup kah. Correct?
22/07/2021 3:25 PM
ruhaizat69 Published good news to attarac new investor for right issue 8 share consolidation but this time this tactic not successful, well done sapura, just keep try new tactics
22/07/2021 4:09 PM
maddox So better don’t goreng kah?
22/07/2021 4:42 PM
drkelvin20 If oil price stabilize at around 70++...Its hopeful that Sapura may bag more contracts...Natural gas price soaring too...

As for share consolidation, no confirmation yet..so why wanna shout on this?!
22/07/2021 6:17 PM
drkelvin20 Own can decide what to do if share consolidation really materialize...for now...no shout out please on share consolidation without any confirmation from the company.
22/07/2021 6:19 PM
Tobby I bought alot of Sapnrg this week! Reason! They sold some 70 million asset which definately turn Sapnrg black next quarter! So there's no reason for Sapnrg to be in red next quarter! And they score 1.7 billion projects that will given steady revenue for the next 2 years or so! And since they have very experience and competent team since March this year, the sky is the limit! Just buy!
22/07/2021 11:11 PM
bullmarket1628 Walaoeh, oil price continue it’s bull-run !
Brent closed at $73.‪59 +1.36 +1.88%‬

Huat ah, Heng ah, Ong ah !
23/07/2021 5:49 AM
cashflow Gas price rocketed very high!
23/07/2021 8:37 AM
Jonathan Keung What's important is the margin of the new contract secured. Maybank gave a mixed review on Sapnrg outlook. Sapnrg books bagged a total of app 3 Billion worth of contracts vs 12 -13 billion secured last FY. They need to secure more contracts amid current challenges
23/07/2021 9:07 AM
drkelvin20 Oil stabilize at USD70+, this is good for economy recovery...a much higher oil price will affect the economy revitalization, increasing the inflation, and boost the shale oil indutries...

Oil price stabilizing at USD 70+- is good enough for upstream biz...it does not need to be 100++, as long as it is settling consistently.

Natural gas price is soaring...this is good for Sapura...

These factors are favoring Sapura in upcoming quarters...

Disclaimer: Just own opinion, not buy or sell call.
23/07/2021 9:11 AM
drkelvin20 Just my opinion, profit margin very much depends on oil market and ouil marget, if market tight with oil supply and demand, oil price stands high, the profit margin should be higher than past 2-3 years during oil bearish...
Isn;t this is correlated? I mean, we should expect profit margin be higher during oil bullish right?

DIsclaimer: Own opinion, no buy call or sell call.
23/07/2021 9:13 AM
ruhaizat69 TP0.07
23/07/2021 10:55 AM
armadatuah2017 they need to reduce more costs and assets trimdown will be the only catalyst now to propel the price. projects mean nothing as they are still experiencing costs overrun.
23/07/2021 11:13 AM
armadatuah2017 they need to focus like Armada. Operation cost is too high for Sapura
23/07/2021 11:13 AM
armadatuah2017 No matter how many projects they secured, it failed to bring in positive operation cash flow to the company. It is still burning cash....after RI few years ago, now they still need to restructure debt.
RM4 Billion RI had failed to improve company's profitability, only used to maintain.
23/07/2021 11:15 AM
Tobby Yeah, Saprng needs plenty of asset and costs trimming! But i am sure the new guys will do fine! Good riddance to that Director Sharir! Dumbass! Hoard too much stagnant assets!
23/07/2021 3:07 PM
JoshuaMS7 Covid keep breaking highest to 15k per day!! How to fly for sapura?? :(
23/07/2021 4:39 PM
ruhaizat69 Director must sell their underwear to save sapura
23/07/2021 5:33 PM
strattegist aiyooooooo
23/07/2021 5:47 PM
drkelvin20 Same thoughts here with @armadatuah too...I think they need to sell off those assets, reduce impairment cost, and optimze the operation cost...slowly toward more sustainable positive cash flow to company while repaying the debt from profit and asset sell off....

Hope they will be able to get rid some during oil bullish now...Focusing on those biz with more sustainable and higher profit margin

Disclaimer: Own sharing, not buy or sell call...
24/07/2021 10:01 AM
driller71 ...
Honestly nobody wants to buy those tender rigs that have been cold stacked for more than 2 years. To reactivate them will cost a lot of money.

They are better off scrapping those assets & claim impairment cost.
26/07/2021 7:00 AM
JoshuaMS7 walao broke 0.120!! Going bk 0.115!!
26/07/2021 11:30 AM
Jeffreyteck ...Outstanding order book a boost for Sapu.... Though it never short of contracts?
26/07/2021 12:55 PM
ruhaizat69 Only PNB can save this co
26/07/2021 1:39 PM
Loh Kok Wai W PNB can save this co ????/ same same lah....ular,buaya,haimau,phiranna....byk...
26/07/2021 1:51 PM
JoshuaMS7 if broke 0.115 in this few days might back below 0.100 soon!! sad!! :(
26/07/2021 3:06 PM
DickyMe 7 sen mari
26/07/2021 10:37 PM
TuaTuaLiap aduhai masih lausai
27/07/2021 10:47 AM
Ekkram Berat mana boleh terbang, banyak toyol bertenggek.
27/07/2021 1:42 PM
acinanatucer Just wait..It will bounce back
27/07/2021 6:12 PM
AnakSoleh00 very hopeful this counter will go up lah.
27/07/2021 10:40 PM
takuhara83 Thinking of buying. Keep for a while and hopefully harga naik with new contracts in hand.
27/07/2021 10:44 PM
Tobby Oil stocks are moving very slow of late! Well bursa is sluggish to be frank! So until Covid concern is address, i think you can accumulate at your sweet time now!
27/07/2021 10:47 PM
AnakSoleh00 Stop thinking and just buy. For sure boleh naik.

Posted by takuhara83 > Jul 27, 2021 10:44 PM | Report Abuse

Thinking of buying. Keep for a while and hopefully harga naik with new contracts in hand.
27/07/2021 10:55 PM
Mikesinoda283 Keep holding. The counter will go up hopefully.
27/07/2021 11:01 PM

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