Aiseh.. sudah potong stim. EPF dumping shares again ka?
Under 5% no need to declare mahh..

EPF still holding big chunks of shares below 5%..

If they sell, nobody knows. EPF is stupid for accumulating MYEG and GKENT shares just before GE14. Padan muka EPF. Hahahaha.

EPF CEO should be replaced to Mokhzani's friend :P
Baru la Sapura jadi RM4 by year end.

Hibiscus breaks RM1
Sapura to follow, will break 80sen soon

Today close +1 sen also I will be happy :)
My 50sen Boat becomes 78sen :)

Good buying support.. Go Sapura!!

EPF holding already below 5%.. so they don't need to declare whatever they sell. They can dump suka hati.

If they dump 100m shares also we won't know. Sigh!!

KAQ4468.. Can buy or not?

I intend to buy more tapi manyak takut ooo.
Nasib baik ada simpan Sapura Bot 50sen, mau simpan sampaai hari tua.

Sila kasi nasihat. Saya mau pergi sembahyang jumaat minta Sapura naik.

This Sapura share price is very unpredictable & volatile. Nobody here can guess..

For mid-long term.. definitely good prospect.
Cant wait to see QR report next month. The revenue should increase a lot.

2 hari lepas Mokhzani & Shahril jumpa Mahathir salam minum kopi saja ka..

Malaysia was the best stock market performer during Anwar-Mahathir era in mid 90s. Many stocks double triple up during that time.

Need advice from sifu2..

Sekarang boleh beli Sapura C64 ke?
Exercise Price 50sen,
maturity 31 Oct 2018.

Thinking of buying C64 pulak, but tak pandai pasla Call Warrant. This one different from normal warrant.

Wah.. my 50sen boat fly to the moon.
Already 84sen :)

As i said many2 times a week ago, Sapura price will easily reach TP rm1 within a month & rm2 by year end. I was wrong!!

Correction:
Sapura may reach TP rm1 tomorrow.
RM 2 by mid year.

Sapura cash flow is already replenished now from Gas production. The recent pegaga contract is self financed. No need loan. Sapura will fly from now onwards!

Mokhzani will definitely buy back Sapura shares this week. EPF too. Sapura short term TP Rm1 within a month.

We Malaysians win Big Time..
BN kalah kaw kaw :P

Hahaha.. BN kalah..!!
YAHUU.. Babi Negara sudah kalah..!!
Jibby & Saiful Juburi going to jail together soon.

Sapura will Gap Up & Limit Up!! More accumulated contract award news to be released this week.

One day left to buy at 60s..
After GE14, Sapura shares to fly to RM1.
This stock is worth a lot more than Hibiscus.

To those who had bought.. just keep your shares. After GE14 sapura shares will fly.

They have accumulated unannounced contract wins, waiting to release the news after GE14.

Cheers!

Monday sapura will up down up down
Tuesday down up down up down
Wednesday BN Win vote, PH win Msian hearts
Thursday Sapura skyrocket to end of earth
Friday rocket to Moon

June onwards.. sapura no longer a penny stock.

Will the Incorporation of New Subsidiaries affect sapura share price?

A Bad Day for Sapura.. wonder why drop so much compared to other oil n gas counter. Sigh!

Hmm... my 50sen boat was 80sen,
Now halfway back at 655. Sigh!

Why the heavy selling?

Someone is dumping in bulk too.. sigh!

Wow.. someone is buying in bulk

The fall is expected untill GE14..
But i dont think it will go below 58sen.
After GE14.. sapura will skyrocket to the stars!!
TP rm1 by June 2018
TP rm2 by Dec 2018 mesti punya

Revenue & Contracts flowing in kaw kaw

3 trading days left before election..
All eyes on KLCI graph

rileks la.. This is only temporary pre election fear.

After GE14 Sapura will skyrocket to RM1 within 1-2 months.
Then will reach RM2 by year end.

Only 4 trading days left before GE14..
Price may drop a bit due to GE14 fear.
But after GE14.. sapura shares will skyrocket to RM1 within a month as FY2019 revenue & contracts has doubled up. Oil index at highest level.

Buy and keep now before its too late. Sapura shares will fly to RM2 by year end 2018.

mobuzz did the right thing..
he bought again at 625 an can sell after an hour.

Brave people wins!

Out of the red sea.. SAPURA IS SUDDENLY GREEN!!!
Hope can last.

I think most shares will fall this week due to GE14 fear. But after GE shares will rebound higher as foreign fund will rush in.

Sapura will become highest volume and most preferred stock because of its value & future revenue to double up from Gas n newly awarded Contracts.

Sapura will be RM1 after GE14
RM 2 by year end.

Will drop a bit this week until GE14.

My 50sen boat will become RM2 by end of 2018.
Period.

I think most shares will continue to fall this week because of GE14 fear. Sapura share volume is huge and therefore tend to fall easily in open market without huge demand. But EPF started to buy back sapura shares again.. after GE14 Foreign Fund will flow into Sapura for sure.

After GE14 sapura shares will become highest buy volume and may break RM1 within a month.

BN will win the election, despite PH earning the hearts of Malaysians and gain popularity vote. Nothing will change in politics.

I am very very confident Sapura Shares will fly after GE. Short term RM1. Year end RM2. Easy!

Anyway.. good performance today for Sapura. Cheers!!

Yes Mobuzz.. it is likely.
Dow green, Oil index also green this morning.

Price looks stable at 67sen for now.

Walauwehh.. my 50sen Boat reversed halfway back from 80sen to 66sen. So cheap now. Can buy again.. but also scared.

Good price to buy now.. after GE14 easily RM1.

Dow green again.. Dow very flat today.. green red green red green.

But Oil index hit ceiling again.

Should be technical rebound tomorrow if oil index & Dow Jones continue green.

KLCI closing gap down -15 points..
Possible techinal rebound tomorrow.
Oil already cecah ceiling..
If Dow Jones green.. sapura will up kaw kaw tomorrow.

Oil price already skyrocket to 4 years high lah!

wah.. late rebound & Oil Index up kaw kaw..!!
I think tomorrow will Gap Up like this morning.

BN-menang.. minta Rosmah support Sapura shares la. Kasi limit up

KAQ4468..

Bila boleh beli Sapura shares?
Wa mau beli lagi.. tapi taktau masuk at what price?

Hari ni mau buat half-sen profit lagi.

Itu 50sen Boat saya simpan sampai hari tua.

Sapura Energy recovers on better upstream prospects

https://themalaysianreserve.com/2018/04/23/sapura-energy-recovers-on-better-upstream-prospects/

Sapura Energy Bhd’s share price is moving closer to its fair value as investors reassess the oil and gas (O&G) company’s fundamentals.

The largest listed O&G services provider in Malaysia closed last week at 75.5 sen — almost double its historic low of 39.5 sen on March 15 this year, despite posting a net loss of RM2.5 billion for the financial year ended Jan 31, 2018 — as the company continued to struggle with low pricing power and utilisation rates in the industry.

Since undertaking a kitchensinking exercise which saw it recognising RM2.1 billion in impairments for the last quarter, Sapura Energy has rallied to a high of 80 sen last week — gaining 100% in just over a month.

The stock is consistently one of the most actively traded counters on the exchange daily, which enables its major institutional shareholder, the Employees Provident Fund (EPF), to continue selling down its stake at improved share prices.

The retirement fund seems yet to be convinced of a turnaround in Sapura Energy’s fortunes.

It sold 7.3 million Sapura Energy shares between April 11 and 12 this year, according to exchange filings, but still remains a substantial shareholder in the company with a 6.1% stake alongside Retirement Fund Inc, which holds a 6.3% interest.

MIDF Amanah Investment Bank Bhd equities research analyst Aaron Tan said the recent announcement on new work contracts has helped boost its share price slightly, after a bad spell of pricenegative newsflow.

“The company is sitting on a reasonable orderbook and the utilisation rates for its drilling rigs was within market expectations,” Tan told The Malaysian Reserve (TMR).

“There is also clarity on its exploration and production (E&P) segment in terms of its expected capacity and output.”

He said the recent share price rally also partly reflects the higher crude oil price environment.

Most research houses have initiated a ‘Buy’ call for the stock, with MIDF setting a RM1.01 target price — representing a 33% premium to its last closing price of 75.5 sen.

Sapura Energy now has a RM16.6 billion orderbook and US$9.5 billion (RM36.95 billion) tenderbook, with the aim of entering new markets in the Middle East and Africa.

For the E&P segment, the company has secured a final investment decision for its second major upstream gas development in East Malaysia, namely the SK408 gas fields in Sarawak.

This follows the completion of its SK310 B15 development, alongside recent awards to explore E&P opportunities in New Zealand and Mexico.

Gas from the SK408 production sharing contract is due to come onstream in late-2019 and stands to triple production volume from four million to 12 million barrels of oil equivalent.

Tan said the move by the EPF to trim its interest in the company is not necessarily a bad signal to investors as it could be acting on its own mandate and portfolio requirements.

Speaking on its near-term prospects, JF Apex Securities Bhd senior analyst Lee Cherng Wee said Sapura Energy is unlikely to recognise any immediate gains as low capital spending continues to persist in the market.

“There remains a scarcity of jobs in the services side of the market, while the company’s drilling utilisation rates are still low.

“Both the company’s E&C (engineering and construction) and drilling divisions recognised impairments and will no longer be loss-making, but they will not be as profitable as before,” he told TMR.

He added that the company’s E&P business improved, in line with the recovery in crude oil prices, and noted that the bulk of gains will be recognised over the long term as its SK408 contract will only begin contributing late in 2019.

Sapura Energy also announced in January it is looking at the prospective listing of its E&P unit as a separate entity.

Tan said this plan will be a double-edged sword as it allows the company to monetise its assets, but at the possible expense of its remaining business units — namely the E&C and drilling divisions.

Wah.. so many want to buy last min at closing price 720. Tomorrow may gap up if Dow Jones green & oil index maintain.

Last Week also say price will drop further when close at 73sen,
then price suddenly jump to 6sen to 79sen next day..
This is one crazy counter.

If Abang Chinaman wants to buy.. they really Buy..!!
Abang Rock Black also buy kaw kaw..!!