This is just EPF dumping.. Jibby needs more money to please people. Dont worry, SaPraNg (soon to be SapYuen) will rise after US Quailo & China Lenchai buy more from EPF.

Unusual high sales volume..
May Chinaman also buy SaPraNg, later can change name to SapuYuen and price skyrocket like HengYuan. Hope will not miss the boat.

Aiseh.. regret sold too early. Price up again 540. I looks like i will miss the tour boat. But Happy to see all happy here again.

Fuhh.. luckily i sold at 535. This boat very crazy price movement. Happy to make sen in 5min. Now 525.. can buy back or not?? Wait n see first.

Finally bought at 525
Then sold at 535 within 5 min.. crazy woo!!

Aiseh mann.. yesterday i miss the 400 boat.
Today i miss the 500 boat pulak. Sigh..!!

Aduii.. i miss the boat at 400 yesterday.
Now donno at what price boat to take?

Aduiii.. missed the 400 Boat :(

Wow.. Affin TP 40sen became reality.

Can buy or not?

Wow.. all time low now.

Aiseh.. miss the 430 boat. Sigh..
Always sigh but never but yet

Seadrill had to dispose because they were in huge debt and in financial problem back in Early 2017.. old story.

Hope there will be some news or article to support Sapura over the weekend.

Very true.. might as well just hold long term and dont bother anymore. Sigh..!! All the worries for nothing.

Sad to see Sapura management is not defending the share price at all.. no statement issued at all. Sigh.

Bought some @ 460 for simpanan hari tua

This is not PAnic Selling.. This is EPF Sailang.

OMG.. 40sen is now a reality. Crazy!!

Hwang brothers want to buy cheap.. so they kawteem to press the TP down to 40-50sen.

yes.. except EPF, they need money t o fund Jibby's aspiration

Be greedy also no use if EPF continue to sailing their own sapura shares to support Jibby's aspiration in developing USA & London's Battersea overpriced property.

From The Edge >>>>

http://www.theedgemarkets.com/article/cover-story-og-stocks-could-ride-oil-price-recovery

Cover Story: O&G stocks that could ride oil price recovery

The Edge Malaysia
March 08, 2018 16:00 pm +08

Sapura Energy Bhd

Sapura Energy is an integrated oil and gas services and solutions provider. It is engaged in providing end-to-end solutions and services to the upstream petroleum industry.

In a Feb 6 note on the counter, AmInvestment Bank analyst Alex Goh says even though the pace of offshore projects remains tepid globally, the group’s order book still translates into 2.2 times forward financial year ending Jan 31, 2019 (FY2019F) revenue, with management hopeful of further wins from tender prospects worth up to US$9.5 billion.

“The stock currently trades at an attractive 0.3 times FY2018F book value vs 0.9 times for Bumi Armada Bhd and 0.5 times for Malaysia Marine and Heavy Engineering Holdings Bhd,” he says.

Goh notes that Sapura’s last major award announcement was for multiple contracts worth RM1.5 billion on Nov 15 last year, while its FY2018 contract awards totalled RM3.7 billion compared with AmInvestment’s assumption of RM6 billion.

AmInvestment has a “buy” call on Sapura Energy with a fair value of RM1.


Serba Dinamik Holdings Bhd

Serba Dinamik is an engineering solutions service provider for the oil and gas industry and stands to benefit from more operation and maintenance jobs, given its international exposure. Most of its jobs are currently in the Middle East.

UOB Kay Hian’s Kong maintains his “buy” call and target price of RM3.80 in a Feb 6 note on the company.

“This is pegged to 12 times 2019 forward price earnings, at a premium to local smaller peer Deleum Bhd, given Serba’s superior diversification, earnings compound annual growth rate (CAGR) of 19% to 36% and return on equity (ROE) of 24%.

“We continue to like its high growth strategies and believe that an earnings rerating will drive share price upside. We retain our target price for now pending its results announcement at the end of February,” he writes.
“However, we highlighted that in a blue sky scenario, in which we assume the company will close 2018 with an order book of RM7.5 billion — implying new order wins exceeding RM3 billion — our earnings forecasts could be adjusted upwards by 16%, and target price to RM4.40,” he says.

Dayang Enterprise Holdings Bhd

Dayang is involved in offshore topside maintenance services and the chartering of marine vessels.

MIDF Research’s oil and gas analyst Aaron Tan Wei Min writes in a Dec 22, 2017, note that Dayang has a strong utilisation rate for its 25 vessels, of which 17 are from its subsidiary Perdana Petroleum Bhd.

“Average fleet utilisation for its financial year ended Dec 31, 2017 (FY2017) now stands at 53%. Dayang’s current order book stands at RM3.415 billion, with long-term contracts ranging from two to five years.

“The company is also in the midst of increasing its order book, currently participating in RM8 billion worth of tenders,” says Tan.

MIDF has a “buy” call on Dayang with a target price of 95 sen per share, premised on a large potential share price upside, earnings upward cycle for FY2018, an improving oil and gas industry climate with higher activity levels, improving utilisation rate as well as improving conditions for Perdana Petroleum.

Yinson Holdings Bhd

Yinson is the world’s sixth largest floating production storage offloading (FPSO) service provider. A recovery in the oil and gas sector, especially upstream, could see Yinson getting more contracts for its FPSOs.

UOB Kay Hian analyst Kong Ho Meng in a Jan 30 note on the counter maintained his “buy” call, with an upgraded target price of RM4.80 from RM4.40 previously. “Our sum of total parts-based target price is mostly based on discounted cash flow on the FPSO divisions and implies a forward FY2020 price earnings of 18 times.”

“For FY2019, Yinson may secure [the FPSO contract for the] Layang [field] and one new mega FPSO contract. Our valuation factors in new contract catalysts, namely 39 sen per share estimate for FPSO Layang, and the option value of 77 sen per share for a mega contract win.

“Even though we have raised our target price as our earlier option value assumed a 40% chance of a mid-sized contract win, we remain conservative on the win chance because of competition from other strong FPSO contenders,” he writes.

Petronas Dagangan Bhd

Petronas Dagangan (PetDag) operates petrol stations and sells downstream oil and gas products.

MIDF’s Tan believes for the fourth quarter ended Dec 31, 2017 (4QFY2017), PetDag’s normalised earnings — excluding its disposals — will most likely outpace the firm’s expectations by 5%.

This, he says, is premised on the higher average RON95 price of RM2.26 per litre in 4QFY2017 compared with RM2.10 per litre in 3QFY2017 and the appreciation of Brent crude oil prices .

Dont be so mean la Betkaukau.. hahaha. Poor sapura holders.

EPF Dumping begins..

Google Translate... (rupanya old news)


February 6, 2018
(KUALA LUMPUR, May 5): Subsidiaries of Shabra Energy (SAPNRG, 5218, Main Board Trading Stock Company) have been awarded 5 contracts with a total value of approximately RM905 million.

Shabra Energy reported to the Exchange that these contracts were to provide engineering, procurement, construction and commissioning (EPCC) contracts for Petronas Exploration Private Limited for a period of three years and the contract will expire in the last quarter of 2020.

The second contract is to provide a small EPCC service for the CNOOC Exploration for a period of four and a half years, ending in the second quarter of 2022.

In addition, the company also provides EPCC plus installation contracts for facilities at the North Malay Basin off Terengganu, which is expected to be completed by the second quarter of 2020.

Not only that, the subsidiary also provides transport and installation engineering for the Bokor Central Processing Platform (CPP), which is expected to be completed in March 2020.

The final contract is for the Fifth Oil Berth project to provide onshore and offshore pipelines and terminal work. The project is expected to conclude in May next year.

Shabla Energy believes it can contribute net profit in FY 2018 and could contribute future net profit if the contract is extended.

【e Nanyang】

Aiseh.. I wish I can read mandarin

Jibby also shake hands with Anwar at hospital..
End of the day, we all ikan bilis kena sailing.

That was history. Sapura has nothing to do with Pakatan Harapan now and awarded contracts by PETRONAS after Khasera Holdings (Mahathir son) sold off all of their entire sapura shares.

Sapura nothing to do with PH lorr..

Aiseh.. wa sudah miss the 51sen boat.
Tengok saja laa

Too early to say.. EPF can just click sell button anytime.
Scared to buy. But may miss the opportunity too. Sigh.. sigh..!!

EPF always spoil it all.

Yeah.. happens almost everyday these past 2 months.
Open high, close red. Better buy after QR & GE14.

This is a crazy Boat to ride.. takut wooo

Pmaster.. Weng77.. Betkaukau..

please advise. Is this a trap or not?

yayaya.. if bankrupt wont get projects la deii.

Close 510.. donno how it's gonna be tomorrow.

Aiseh.. I miss the 50sen Boat.

EPF still have 6.5% shares (390m shares)

Damn..!!

500 great wall is now being tested.. will it break??

From the sell list.. looks like EPF is the biggest cow preet

Dangerous to short trade at the moment.. price too low. hahhaa

Maybe UOB wants to buy cheaper

Thanks @ Weng77

Interesting

Pmaster..
Can buy or not? 555 Price very cheap..
Where would the boat go today?
Dont want to miss the boat..
Dont want boat to sink too..

Sigh!

#undernajib #epfsailang #voteanymonkey #DontvoteBN&Pas

Latest TP by UOB Kay Hian..

March 5, 2018 1:24 pm JST
MARKET BUZZ: Malaysia's Sapura Energy Falls To Record Low; UOB Cuts TP

By Chong Sin Hao
Nikkei Markets

KUALA LUMPUR (Mar 05) -- Sapura Energy falls 2.4% to record low of MYR0.61, ahead of its 4Q earnings release, expected by end of this month. UOB Kay Hian Securities cuts target price to MYR0.55 from MYR0.68 on potential huge impairments in the upcoming result, keeps Sell call. "Loss forecasts are still in a downgrading cycle as the group critically needs to replenish an orderbook gap of MYR3-4 billion to at least match FY18's revenue of MYR6 billion," says house in investor note. "Despite SKD Alliance's contract commencement in Apr 18, we are concerned of more unexpected rig expiries (SKD T17, SKD Pelaut) in 2018-19," adds house.

- By Chong Sin Hao; Dave.Chong@nikkeinewsrise.com; +60320267363

https://asia.nikkei.com/Markets/Nikkei-Markets/MARKET-BUZZ-Malaysia-s-Sapura-Energy-Falls-To-Record-Low-UOB-Cuts-TP

Yes.. QR better announce earlier. When was the last two QR announcement made? Exact date?

Can buy Sapura only after;-

1. After Q4 result (Q1 2019 should be green again)
2. After GE14 (regardless who wins, foreign investor will return)

Until then.. Sigh..!!

Sapura is winning contracts and good for long term investment.. good result expexted in FY2018-FY2019. but price fall mainly due to EPF sailang. Nothing else.

EPF needs money to fund battersea and develop USA maa.. tq Jibby!

Can buy again after GE14 in W4 2018..

Insider say GE14 in W3 2018.

https://www.themalaysianinsight.com/s/41137/