commodities supercycle begins

watch out on a new O

HLIB upgrade call to Buy with TP 0.15

bravo. still without Jerun CPP.

https://www.thestar.com.my/business/business-news/2021/02/10/aminvestment-reiterates-bullish-outlook-on-sapura-energy

AmInvest maintains Buy call. Financing continues until end of Feb

seadril files for bankruptcy. maybe this make Sapura very heavy to break out. Because something still not solved.

https://www.thestar.com.my/business/business-news/2021/02/09/seadrill-files-for-bankruptcy-protection

MACD daily crossed to positif level. short term uptrend due to bullish oil price.

Goldman Sach said Brent will be $65 in next few months.

oil 58 now

just need one more Buy call from IB, then it will fly a little bit to 0.15

bullish divergence on 4H chart.

to date almost 100 million people vaccinated worldwide

No more MCO after 4 Feb. Bullish.

SpaceX Plans to Drill for Natural Gas Near Texas Launchpad

The%20Sapura%20Alliance%20semi-tender%20rig%20has%20been%20named%20the%20Royal%20Dutch%20Shell%20Global%20Rig%20of%20the%20Year%202020%20for%20platform%20category.%20The%20crew%20stepped%20up%20to%20ensure%20business%20continuity%20in%20a%20pandemic-stricken%20year.%20They%20delivered%20some%20highly%20complex%20wells;%20went%20above%20and%20beyond%20the%20conventional%20work%20scope%20to%20execute%20some%20helideck%20lifts;%20achieved%20their%20Goal%20Zero%20#safety%20milestone;%20extended%20help%20to%20the%20sister%20rigs,%20and%20introduced%20a%20novel%20technical%20innovation%20that%20reduced%20the%20number%20of%20heavy%20lifts%20during%20rig-up%20and%20rig-down%20process,%20hence%20improved%20operational%20efficiency%20and%20lessen%20the%20HSE%20exposure.%0A%0AThis%20the%20result%20of%20hard%20work%20and%20dedication%20of%20everyone,%20including%20our%20client%20and%20business%20partners.%20This%20global%20recognition%20belongs%20to%20all%20of%20you!%0A%0A#SapuraEnergy%20#SafetyAward%20#Drilling%20#DrillingRig%20#Rig%20#OurValues%20#OilandGas%20#Offshore

0.13 soon

LNG Cargo Prices Rising Faster Than Bitcoin - Bloomberg

back to 0.12
Oil USD 56 now
MCO induced large participation of retail trader
Government stable until August due to state of emergency

My conusion: SapNrg will up
Trade advice: Buy The Dips

state of emergency only for politics

MCO in action. buy the dip.

Sapura Energy will complete its RM10bil debt restructuring package this month and position the EPCIC group to secure the increase in global orders. - AmInvest

clearly political uncertainty is impacting this counter

2020 ended with monthly green candle. Heikin ashi monthly candle for Dec also green with no lower shadow showed strong uptrend is in progress.

when the shares consolidate for a very long time, expect a very big breakout when they decided to move.

will fly anytime

PNB just gave Sapura RM 1.5 billion for working capital. and 7 years extension of loan payment.

Buy before it’s too late. hehe

AmInvest: New TP from previous 0.05 to 0.29

Snapshot from AmInvest.

This stems from the group being on the verge of refinancing its RM10bil debt for another 7 years by the end of January next year without any substantive interest cost increases, which we believe was assisted by Sapura’s largest GLC-backed shareholder. Additionally, Sapura has secured additional working capital of RM1.2bil for its ongoing and prospective projects.

Upstream news said the dateline to restructure debt is 31st January

No movement in between 20 Dis to 5 Jan. I think most of the investor are taking holidays. hehe

https://www.theedgemarkets.com/article/petronas-sarawak-agreement-stimulate-og-industry-development-—-pmo

Sapura is gas producer now thru SK408 Bakong Sarawak. Please read again what was announced by PM and Tengku Zafrul on Sarawak gas a few weeks ago. Remember that this is Sapura’s second gas development project in Sarawak.

SapuraOMV’s partners under SK408 PSC are Sarawak Shell Berhad (30%) and PETRONAS Carigali Sdn Bhd (30%).

Ular Sawa,

Shahril is leaving. PNB control back BOD. staff swapping between Sapura and Petronas. Energy Gas Roadmap. Debt Restructuring. Oilprice increase. QR black again. All positive news for Sapura. I don’t see why it will drop more.

Sapura Energy still in the black as refinancing continues

https://www.upstreamonline.com/finance/sapura-energy-still-in-the-black-as-refinancing-continues/2-1-934835

Basic Earning Per Share Year on Year is green now 0.35 sen.

sorry. wrong info. but still profit.

QR report out. Profit 90 million. wow

probably due to debt consolidation plan under Malaysia’s Gas Industry Roadmap

budget issue solved today.

buy 0.13, sell 0.26. 100% profit ? maybe one month investment. wow

I still hold 5 mil share. Target to sell at RM 1.

Malaysia will play more active role in gas industry as announced in Malaysia’s Natural Gas Roadmap (NGR) which is under National Energy Policy (NEP). You can google out some development announced by Sapura on gas business. Then you can understand why ex Petronas join Sapura.

Oil usd49.63 now. Will reach usd50 tonite. Buy!

Brent likely to rise in 2021, improving Petronas sales

KUALA LUMPUR: The Brent crude oil price is likely to rise to US$60 per barrel in 2021, thus improving Petroliam Nasional Bhd’s (Petronas) revenue outlook next year, said Axi chief global market strategist Stephen Innes.

He does not foresee further downgrades for Petronas’ sovereign ratings after credit rating agency Fitch Ratings Inc downgraded the national oil firm’s long-term foreign and local currency issuer default ratings (IDRs) to BBB from A- on Tuesday.

closed 0.13 today. good job.

the problem here is so many gamblers

wow. 0.14 already.

Technip and Saipem both has green candles in October and November. Technip chart seems more identical with Sapura. Bullish.

Yes. Remember that Sapura is one of the Gas player.