While many counter close red, Sapura closed green again today.,
Well done Sapura!!

Yahuuuii..!!! My 50sen kayuh boat is now a 68sen sailboat

After all those worry bought at 50sen after Bad QR..
Now can just enjoy n relax :)

My 50sen Boat will never go to 50sen again :)

freaking 600m shares traded.. Crazy up!!

FY2019 revenue to double up
FY2020 revenue to triple up

TP RM1 short term, within 2 months
TP RM4 in 2-3 years.

Keep buying..!!!

YEss.. @ Tradeshare

we were worried sick during the 40-49sen era, now time to enjoy watching new kids berebut2 beli shares at 60s

Yezza... 640 wall smashed to the floor!!

come one.. break the demm 640 wall pulak..!!!

Will not sell my 50sen Boat this time.. keep mid-long term

580 wall broken.. buy before its too late

Alhamdulillah.. All praise for Merciful God.

435 is good enough. A good day for Sapura. well done!

Mobuzz.. well said!

aduii.. memang potong stim. Got giant seller dumping at 540

Lets pray for price to break 55 wall.. Aminn.

Why sapura not much steam compared to other OnG counters today?

Fuhh.. Sapura ship cruising ahead, slow and steady climb.

see.. the election date push price up

price will likely rise as GE date favours BN.

After GE, foreign investors will flock in like crazy to buy Sapura. Better buy while its cheap now.

BN or PH win, Sapura will go up after GE.
Worst is over.. with so many contracts in hand oredi.

Sapura will limit up after GE. Most undervalued stock.

Let the election be over fast, and support any monkeys against BN or PAS. So that Malaysian stock market will be the best performer in Asia once again like during the Anwar-Mahathir era in the 90s.

Perhaps election fear again (round 3).. sigh!!

wow.. why the sudden jump to 40sen?

Here's why..

http://www.theborneopost.com/2018/04/02/sapura-energy-to-return-to-black-in-fy19f/

Despite Sapura Energy Bhd’s (Sapura Energy) softer financial year 2018 (FY18) performance, some analysts expect the group to return to the black for financial year 2019 forecast (FY19F) while others expect this to happen in FY20.

As per Sapura Energy’s filing on Bursa Malaysia, the group had recorded a loss after taxation of RM2.5 billion for the 12 months ended January 31, 2018.

Despite the reported losses, mainly from the drilling rigs segment, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) did not expect further impairments of such scale in the foreseeable future.

“For FY19F, we are expecting the group to return to the black,” MIDF Research said.

“The chunk of the group earnings will stem from the upbeat offshore activity levels of the engineering and construction (E&C) segment and sustainably higher crude oil prices of the exploration and production (E&P) segment.”

Meanwhile, AmInvestment Bank Bhd (AmInvestment Bank) cut FY19F loss for Sapura Energy by 70 per cent and reversed its FY18F loss to a net profit of RM118 million.

This resulted from a 12 per cent to 13 per cent reduction in the research firm’s depreciation assumptions due to the substantive asset impairments and US$5 per barrel increase in crude oil prices for FY19F-FY20F and five per cent increase in production for FY19F and flat for FY20F with the commencement of SK310 B15 field late last year.

AmInvestment Bank also introduced FY21F earnings surge of 2.9-fold, driven by higher asset utilisation rate assumptions for both E&C and drilling while the production levels of the E&P division will more than double from the commencement of the Larak and Bakong fields in SK408.

Similarly, the research arm of Kenanga Investment Bank Bhd (Kenanga Research) narrowed FY19E losses for the group by 47 per cent to RM204.4 million.

This was assuming higher order-book replenishment of RM5.5 billion from RM4.5 billion previously in view of better contract flows and lower depreciation post asset impairment.

“Meanwhile, we expect Sapura Energy to return to the black in FY20 with RM51.6 million profit assuming RM6 billion order-book replenishment and 50 per cent utilisation for the drilling segment,” Kenanga Research said.

According to MIDF Research, year to date (YTD), Sapura Energy’s share price has declined by approximately 25 per cent.

“This is despite stable crude oil prices in the tight range of US$60 to US$70 per barrel,” the research arm said.

MIDF Research was of the opinion that the current broad-market sell off presents trading opportunities for investors seeking exposure in oil and gas service providers with direct upstream exposure.

Although MIDF Research acknowledged that Sapura Energy’s profitability might still be weak due to the group’s other underperforming segment, the research arm believed that the share offers short term trading opportunities for investors.

Either way Sapura will go up after GE14..
Worst is over after Q4 report.
Good business in FY2019

Hibiscus is worst OnG stock hit -10.5sen
Now only 71sen

Wow.. worst crashbof the year. Govnt related stocks crash the worst today.

Worst is over..
Sapura is now the best OnG counter to buy and keep mid term. It wont go wrong from now.

I think Chinaman is going to flock in to buy SaPraNg soon.
SapuYuan will become reality. RM2 year end.

Aduii.. I miss the 485 boat. Now already 510.

Aiseh.. I miss the 505 boat.. now already rebound to 515. Sigh!!

already made profit after 1 day. hahaha.

Welcome back Hng33!!

Fuhh.. luckily I sold at 520 this morning.
Now the boat comes back at 500. Maybe can buy again after a good lunch.

Thank you Sapura!!

But after sell, I fear the boat will rally towards 600.

Sold back at 520.. untung 2sen.
Now can continue work in peace and eat Chillies Steak @ KLCC lunchtime.. yahoo!! Life is wonderful when u realized 2 sen profit overnight.

Fuhh.. luckily I bought 500 yesterday.

Thanks for the edge financial daily pdf. Impairment looks good for future earnings & order books & bids seems to doubled up this year. Impairment Sendai style 3Qs ago. Then.. profits QRs all the way.

Any new TP issued by analyst after QR yet?

Tomorrow will be lots of TP report..
Most will be positive in view of recent developments. Impaiment loss is expected.

2 QR ago.. Sendai did huge impaiment loss. After that all green. 1st QR 50m profit than 2nd QR 80m record profit.

Aduii.. looks like I am the first ikan bilis who bought 50sen after QR. Should have waited 1-2 days later. Sigh.

If Dont buy.. i fear miss the boat
But After buy.. now i fear the boat sink

Pmaster.. should i hold or sell?
Very2 nervous again.. sigh!!

Aiseh.. i bought a lot at 50sen today. Now cannot sleep.
Abang Sapura.. please tell me good news.

KAQ & Superbull will laugh at me kaw kaw.

After total impairment.. the worst is over.
Good QR from now onwards.

Fuhh.. close at 500.
Same price i bought today. Less nervous.

Alamak.. break below 50sen. 495 now.. lagi nervous. KAQ & Superbull will laugh at me now :P sighh

At least we all know the real value of SaPraNg now.. no more Bad QR from now on. It is like buying IPO at 50sen. Come join me buy buy buy @ 50sen.

Wah.. after bought a lot at 50sen, now feel very nervous. Rocky Boat!!