Sapura energy, the largest independent oil and gas service provider, offer end to end service by cover entire oil and gas upstream value chain.

https://www.youtube.com/watch?v=XK6cyS4-Tuc

油气股掀炒风·沙布拉成交量破17亿
即时财经

油气股最近炒风极盛，交投向来热络的沙布拉能源(SAPNRG,5218,主板能源组)更是势不可挡，短短半个月成交量已突破17亿股，在马股918只股票中遥遥领先。

《星洲财经》整理的数据显示，截至周四(14日)，沙布拉能源本月已有14亿6005万股易手，加上周五(15日)上半天的2亿7574万股，成交量飙上17亿3579万股。

沙布拉能源交投炽热，股价也从2月底的31仙涨至目前的36.5仙，上扬了5.5仙或17.7%。

沙布拉能源WA(SAPNRG-WA,5218WA,凭单)也“子凭母贵”，半个月内从10仙走高到14仙，已上升4仙或40%。

大马投行表示，随著沙布拉能源18亿股未被认购的附加股已被包销商悉数售出，不利效应已缓解，加上盈利前景开始改善，以及脱售资产后负债大减，因此上调该股评级和目标价。

沙布拉能源已完成40亿令吉附加股计划，该行较早时担心有18.5%或18亿股未被认购，但随著包销商马银行投行、联昌投行和兴业投行完全售出股票而未造成任何重大股价波动后，此忧虑已告消散。

该公司在完成以16亿美元脱售上游业务的50%股权给澳洲OMV公司后，利息成本大减，预料2020和21财年净利将增加2.2倍和46%，2020财年负债比也将从1.7倍降低至0.5倍的舒适水平。

有鉴于此，因此大马投行决定将沙布拉能源的目标价从30仙调高至50仙，评级也上调至“买进”。

“Our earlier concerns on the 18.5% undersubscription or 1.8 billion ordinary shares out of the RM3bil rights shares issued at 30 sen a share on a five-for-three basis have been alleviated as the underwriters Maybank Investment Bank, CIMB Investment Bank and RHB Investment Bank have completely disposed of the shares without causing any significant price swings,” it said in a research note.


https://www.thestar.com.my/business/business-news/2019/03/15/aminvest-research-upgrades-sapura-energy-to-buy-ups-target-price-to-50c/

Super BULLISH

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Yes, breaking RM 1.40, more to go heading for upcoming handsome special dividend

Bullish breakout! Bullish breakout! Bullish breakout!

Bullish breakout! Bullish breakout! Bullish breakout!

KPS historically, whenever kps have major divestment, there will be special dividend to aligned with optimizing shareholders returns. The potential special dividend 50sen/share is highly expected.

be patient ya, Q4 result soon will release anytime now, sapura to record very handsome profit on 50% divestment gain to OMV, sapura share price will surge to reward shareholder handsomely.

be patient ya, time soon will come to reward shareholder handsomely.

courting down time for splash completion ---> special dividend + final dividend

GOOOOOOOOOOOOOOOOOOOOOOOO

Sapura day finally coming, will keep continue momentum till sapura MASSIVE gain result release end of these month, unlease the power of sapura with massive gain 2.7 billion to be recorded in Q4 result

rush min rush min rush min, momentum accelerated....GOOOOOOOOOOOOOOO

On behalf of the Board, the Joint Principal Advisers wish to announce that the Proposed Transaction has been completed today following the fulfillment of all agreed conditions required for Closing. With the Closing, the Shareholders’ Agreement has become effective today.

http://www.bursamalaysia.com/market/listed-companies/company-announcem...

Remark: the divestment 50% stake in sapura upstream to OMV have completed. the divestment gain RM 2.7 billion or 15sen/enlarge share will be reflected in upcoming Q4 result to be release by end of these month.

These upcoming Q4 result will be MAJOR CATALYST, to record MASSIVE gain RM 2.7 billion from divestment 50% sapura upstream OMV, as much as 15 sen/enlarge capital volume.

Sapura still retain another 50% sapura upstream, therefore, sapura will continue enjoy oil and gas earning

Rush hour...momentum accelerate......CONFIRM UPTREND NOW

Super volume momentum, heading to BREAKOUT, then uptrend confirm

Sapura last year 2018 already secure 9 billion new contract, these year 2019, sapura is expect to secure 15 billion new contract

全球油气商增产．沙布拉能源乐见油气业复苏

当前国际原油市场动荡不靖，整体行业仍充满变数，使投资者对油气业仍持谨慎态度，惟沙布拉能源（SAPNRG,5218,主板能源组）总裁兼首席执行员丹斯里沙里尔却是个“乐观派”，声称过去数年缩减生产及资本开销后，预料石油生产商将恢复资本开销增产，以应付市场对油气需求，看好未来数年油气业前景。

沙里尔表示，过去一年，沙布拉能源总共攫取总值约90亿令吉的新合约，突破市场预期，相信该公司并不是唯一取得更多油气合约的油气公司，在在显示全球油气生产商已投入更多资本开销增产应付市场需求。

放眼今年新合约增至150亿

沙里尔表示，公司攫获90亿的新工程之后，放眼2019年将新合约总值进一步增加至150亿令吉。根据资料显示，目前该公司已手握近200亿令吉的工程合约。

其实，国际油气业于2014年开始爆发油价大跌危机，整体行业在2016及2017年最严峻，2018年已经好转，不过以往原油价格每桶超过100美元的风光，短期内难以重演，而未来数年前景仍然可期。

沙里尔日前与报界午餐交流时作上述谈话。

他举例，沙布拉能源为应付难关，已采取多项措施，其中最关键是成功大幅度减债，以更轻盈脚步再次向前迈进。该公司决心减债所发出的承诺已经落实，特别是发行附加股及沽售旗下的上游业务的50%股权筹资，从而显者改善公司的基本面再向前出发。

负债率大减至0.67倍

该公司去年在主要减债行动中，发行附加股及脱售上游业务的50%股权筹资，所得资金主要供减少负债，使公司负债率，已从较早时的1.67倍，大幅度减少至0.67倍。

他认为，虽然基本面已显著改善，不过，由于市场对油气股的交投情绪欠佳，或是大市一致认为全球油气业前景波动不靖，对公司前景仍质疑。他也感到无奈，因为一家公司是难以应对整体大市情绪的冲击。

他看好全球油气业前景，因为过去数年全球油气生产商都减少资本开销及产油活动，预料未来数年的石油产量将减少，所以全球石油生产商料会增加资本开销及投产活动。

谈到市场对美国与中国之间的贸易战料打击全球贸易与经济，从而影响油气市场的需求，沙里尔表示，中美贸易战确实是全球市场的隐忧，惟他有信心美中贸易谈判未来数月会有正面发展。他认为，美中纠纷不太可能持久，毕竟对谁都没有好处，特别是最终也将会伤害到美国及中国的利益。

中国经济不会崩坏

市场甚至担心中美经济将崩跌，惟他对中国有信心，不认为经济将会崩坏，特别是他看到中国在过去20年的经济发展与成长，已具备坚实的能力，没那么容易崩坏。

随着该公司获得沙地阿美更多工程合约与更密切的合作，公司计划在今年加强沙地阿拉伯业务，将派遣80名工程师到沙地阿拉伯接触客户及发展当地业务。同时也将进一步加强公司管理层，应付未来挑战。

Go Go Go

On behalf of the Board, the Joint Principal Advisers wish to announce that the Proposed Transaction has been completed today following the fulfillment of all agreed conditions required for Closing. With the Closing, the Shareholders’ Agreement has become effective today.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6057405

Remark: the divestment 50% stake in sapura upstream to OMV have completed. the divestment gain RM 2.7 billion or 15sen/enlarge share will be reflected in upcoming Q4 result to be release by end of these month.

momentum get ready to go

use margin line, bought add more sapura-WA at 10sen

bought back all maximum sapura at 32sen

sold back dayang at 1.58, swap back to sapura

bought back dayang at 1.55

sold back all sapura at 32sen, free up all capital, swap back all to dayang at 1.55

Brent crude oil stand back USD 66. The sustainable crude oil implying gradually recovery in upstream oil and gas activity.

In the coming Q4 result, sapura will make significant writeback on previous impairment on its oil and gas assets. These is due to sapura have value all its oil and gas based on latest enterprise value USD 1.6 billion or RM 66 billion and sapura divest half of its stake to OMV to reap RM 2.7 billion gain.

Sapura still retain another 50% of its oil and gas assets. These balance 50% stake will also under revaluation based on enterprise value, these will render sapura to significant write-back all its earlier impairment.

sapura now at gestation period, once result out anytime theses month, it will unleash power, just need awaiting for spaura day coming soon.

sold off all AZRB at 45.5sen

use all free all capital from dayang and other stock, swap all to sapura at 32sen, increase maximum stake in sapura

sold off all dayang at 1.42

Add more sapura-wa at 10.5sen

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

aside dayang, Sapura also start moving :D)

GOOOOOOOOOOOOOOOOOOOOOOOO

sold back MNRB at 1.03

In the coming Q4 result, sapura will make significant writeback on previous impairment on its oil and gas assets. These is due to sapura have value all its oil and gas based on latest enterprise value USD 1.6 billion or RM 66 billion and sapura divest half of its stake to OMV to reap RM 2.7 billion gain.

Sapura still retain another 50% of its oil and gas assets. These balance 50% stake will also under revaluation based on enterprise value, these will render sapura to significant write-back all its earlier impairment.

sapura now at gestation period, once result out anytime theses month, it will unleash power, just need awaiting for spaura day coming soon.

sold back all bjland at 29.5sen

Mild correction confirm over, limited downside risk, uptrend to be continue

bought back all dayang at 1.32-1.33

sold back bpuri at 19.5sen

sold back litrak at 4.35

Add another batch at 42.5-43sen

Dayang rebound back is due to good Q result, likewise, Velesto rebound back is due to encouraging financial result. Therefore, financial result serve as MAJOR catalyst to share price.

Sapura now is awaiting for its Q result anytime these month, be patient, sapura day will follow up soon.

sold back all dayang at 1.40 for second quick contra

Sapura Energy, OMV ink strategic partnership
Sunbiz /01 Feb 2019 / 17:39 H

https://www.thesundaily.my/business/sapura-energy-omv-ink-strategic-partnership-ID476831

Remark: The ink partnership with OMV and disposal gain RM 2.7 billion, record 15sen/share on enlarge capital after right issue. These result will be reflected in upcoming sapura Q4 result to be release within these month Mar.

So stay tune, sapura day is coming soon

bought back dayang at 1.37

sold back all at 1.44 for quick contra gain

bought back dayang at 1.35-1.37

KPS now already have core business to generate profit, growth EPS and sustain future earning.

1. Century Bond Bhd ----> packaging business
2. CPI (Penang) Sdn Bhd -----> engineering thermoplastics business
3. Smart Pipe Technology Sdn Bhd-----> replacement selangor pipe business
4. King Koil Manufacturing West LLC ----> Licensing fees
5. KPS-HCM Sdn Bhd 51% -----> road and highway construction and maintenance
6. Aqua-Flo 51% ------> water treatment chemical supplier


The cash from the divestment is expected to receive an upfront cash payment of RM570 m or about RM1.06 per share with the remaining RM195 million to be paid in installments over a period of 9 years. This would increase the cash and bank balances for KPS to RM736m from RM166m. The board of management will allocate these fund to 3 buckets below

1. Reduce borrowing, trim down gearing from 0.5x to comfortable level 0.3x
2. Special dividends reward shareholders
3. Acquire new business and expand current business

The proportion of each bucket allocation is subject to balance consideration of each bucket, but if you look at KPS historically, whenever kps have major divestment, there will be special dividend to aligned with optimizing shareholders returns.