The O&G industry has shown a marked improvement in fundamentals and stability. This should pave the way for Sapura to start making profits and return money back to shareholders, primarily Permodalan Nasional Bhd (PNB).

with new people at the helm. i think anuar taib can steer sapura to brighter future

Posted by cashflow > May 4, 2021 7:48 AM | Report Abuse

https://www.klsescreener.com/v2/news/view/823383/frankly-speaking-time...

MIDF maintained "buy" call on Sapura Energy as it continued to view Sapura Energy’s future prospects positively given that the operating environment worldwide has improved since mid-2020, underpinned by higher oil prices that have rebounded significantly to US$60 per barrel levels, which will benefit the group's engineering and construction (E&C) as well as exploration and production (E&P) segments.

https://www.theedgemarkets.com/article/sapura-energy-rises-estimated-rm1b-contracts-narrower-net-loss

yupss. couldnt agree more. with vaccination going around world wide, demand for petrol will increase back to what they once were. hopefully this counter would start go higher. recent contracts looks promising. huat ah!!

JuliusCeasar think it's about time O&G counter share price to go higher again..... The main reason is because the oil price look like on uptrend.
28/04/2021 11:16 AM

Oil is recovering. Be patient. Collect and hold.

Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) said its unit has secured a contract to undertake the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services (EPCIC) for the Jerun gas field, located offshore Sarawak.

Wholly-owned Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) bagged the contract from SapuraOMV Upstream Inc, the group said in a statement today.

SapuraOMV Upstream (Sarawak) Inc is the operator of the SK408W block, with Sarawak Shell Berhad and Petronas Carigali Sdn Bhd holding 30% equity interest, each.

MHB managing director and CEO Pandai Othman said the contract demonstrates MHB’s capability in providing integrated value-added solutions.

“With this being our first project with SapuraOMV, we hope this marks the beginning of a long-lasting business relationship and mutual support between the two companies,” he added.

https://www.theedgemarkets.com/article/mhb-unit-bags-epcic-contract-jerun-offshore-gas-field-sarawak

SapuraOMV Upstream's subsidiary SapuraOMV Upstream (Sarawak) Inc has inked a final investment decision (FID) for the Jerun gas field development in Sarawak with its partners, paving the way for the full execution of the project.

https://www.theedgemarkets.com/article/sapuraomvs-sarawak-unit-inks-final-investment-decision-agreement-jerun-gas-field-partners

Upp upp upp. Slowly. Be patienttt.

Keep for long term. In time surely will fly. Let the new ceo show his worth.

Aminvestment buy calls for Sapura Energy, which has just completed its RM10bil debt restructuring package and re-positioned the formidable EPCIC group to secure fresh global orders; and Petronas Gas, which offers highly compelling dividend yields from its optimal capital structure strategy and resilient earnings base.

https://klse.i3investor.com/blogs/AmInvestResearch/2021-03-31-story-h1543076356-Oil_amp_Gas_Suppliers_rsquo_survival_guide.jsp

Oil will rebound. And o&g counters will also folllow. Consider holding. Or opt to buy other o&g counters like sapnrg. cheap and new ceo onboard.

Agreed. DMAT got many years experience with Shell and Petronas. Decades experience in oil and gas industry.

AmInvestment continue to maintain positive on SAP. Putting faith on Anuar Taib due to his vast experience and achievement with Petronas

"AmInvestment Bank Bhd analyst Alex Goh is positive on Mohd Anuar taking over as CEO as he comes with a commendable track record of helming Petronas Carigali Sdn Bhd as CEO, before heading Petroliam Nasional Bhd’s upstream division as executive VP."

Keep holding for longtermmm

Closed at 16.5 sen. Steadyyyy sapppp

Its small but SAP definitely moving upwards. Only a matter of time before it rockets.

Up up. >20 sen soonn.

Keep the faith. Hold. Up up soon.

Fly to the mooon soonnnnnn

Flight gonna take off soon. Dont miss outtt

Keep holding. The counter will fly soon.

Get ready guys

Sapura Energy Bhd has secured a new credit facility for up to RM700 million to finance working capital requirements, in light of the gradual recovery in the energy sector.

https://www.theedgemarkets.com/article/sapura-energy-secures-rm700m-financing-working-capital

Keep the patienceee. Time is needed

it stabilising at 15 sen. Slowly but surely,

Im sure sap gonna perform better and better given time. Next week oil up again hopefully will push sap also

But it has been a good week after so long. Keep the patience.

Drop a bit. Its okay. Might be because of the oil price.

Slowly but surelyyyyy

Be patient. Even slow. This week improvement is sap best performance after so long. Its gonna keep goinggg.

Lets see if it can break 15 sen. Closed this week at 16 sen maybe?

14.5 alreadyy. Slowly steadyyy go uppppppp.

Breach 13 sen dyyyyyy. 13.5 senn nowww. Come sap gogogoooooo

Big project wins. Its gonna rally soonnn. Come on SAP.

AmInvestment Bank Research has maintained its forecasts on Sapura Energy Bhd on expectations that the group's 50%-owned joint venture involving six flexible pipelay support vessels will maintain operations.

Come sap. Baby steps. Lets go up.

Strong movement by oil price. Hopefully slow slow sap will follow

Nice volume. Be patient slow slowww

It surely go up one day. Keep holding

Still putting faith in sap.

Sapura Alliance rig has been picked as the Royal Dutch Shell Global Rig of the Year 2020

Dont lose hope. Oil is so strong now. Matter of time.

https://www.theedgemarkets.com/article/aminvestment-jerun-cpp-job-drive-sapura-energys-order-book-momentum

AmInvestment: Jerun CPP job to drive Sapura Energy's order book momentum

Oil performance so nice. Hope it will reflected on sap soon. Finger crossss

Its end of year now. Most prob can see its acceleration more on next month/year.

AmInvestment has upgraded its recommendation to “buy” from “sell” with a higher fair value of 29 sen, from five sen previously.

Wait for the qr. possible its positive and will push the price higher.

Looks like its going to start maintaining above 13 sen. Come sap. Gogogo.

https://www.offshorewind.biz/2020/12/04/first-monopile-stands-at-yunlin-offshore-wind-farm/

Sapura Energy Berhad has installed the first of the 80 monopiles at the 640 MW Yunlin wind farm offshore Taiwan.