For the past 3 weeks, the crude oil price had been rebounded strongly from USD 37/barrel to USD 46/barrel (2020 highest level).

This have bringing alots of excitement to the local oil and gas listed company such as

1. Dayang  73sen on 2.NOV.2020 to 1.26 on 4.DEC.2020

2. Uzma     35sen on 2/11/20 to 58.5 on 4/12/20

3. Carimin  43.5sen on 2/11/20 to 74.5 on 4/12/20

4. Waseong 38.5sen on 2/11/20 to 69.5 on 4/12/20

5. Armanda 21sen on 2/11/20 t0 36.5 on 4/12/20

6. coastal 57sen on 2/11/20 to 74 on 4/12/20

7.penergy 55sen on 2/11/20 to 1.24 on 4/12/20

8. Sendai 19.5sen on 2/11/20 to 22.5 on 4/12/20

The share price of Sendai just rebound 10% for the last 1 month. The share price had been moving sideway after the first rebound on 3/11/2020. 

The company had announce few positive news recently such as complete of world record tower in Dubai (one Za'abeel), increse of contract value in european offshore wind renewable energy(RE).

NTA: 1.07 and cash on hand: RM 121.m