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OrlandoOil | Joined since 2014-10-12

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Stock

2017-10-02 22:24 | Report Abuse

U stupid u don't know anything abt Dayang or Perdana u BS

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2017-10-02 22:10 | Report Abuse

Perdana hv made impairment n utilisation rate increasing Next QR likely profit

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2017-10-02 22:09 | Report Abuse

Sekali impairment rm 1.00 Stupid pretend target buying price

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2017-10-02 22:07 | Report Abuse

U stupid dick head u wil die here RUN

Stock

2017-10-02 22:07 | Report Abuse

CORE LOSS some more potential impairment arising from drilling assets.


Sapura Energy Berhad - Below Expectations

Author: kiasutrader | Publish date: Thu, 28 Sep 2017, 11:08 AM
1H18 results came below expectations dragged by stubbornly high fixed cost amidst weak drilling utilisation. Uncertain timing of contract award remained a concern to SENERGY even though tender enquiries were active. Post FY18-19 earnings cut of 39%-17%, we maintain MARKET PERFORM call on the counter with revised TP of RM1.55 pegged to lower FY19E PBV of 0.7x in view of potential impairment arising from drilling assets.

Stock

2017-10-02 22:04 | Report Abuse

U stupid u wil die here

Stock

2017-10-02 21:00 | Report Abuse

U better sell b4 too later Pandai pandai

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2017-10-02 20:59 | Report Abuse

CORE LOSSES MORE TO COME QR AFTER QR u tell me

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2017-10-02 20:56 | Report Abuse

Tomorrow here drop 8% SELL SELL SELL

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2017-10-02 20:55 | Report Abuse

I don't hv to run I don't hv tis lousy counter

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2017-10-02 20:52 | Report Abuse

Some more want BS to trap ppl U think everyone newbie like u

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2017-10-02 20:51 | Report Abuse

lovehits Hahahaha... still in denial mode. Pity. Pity. Hahahaha.

Stock

2017-10-02 20:50 | Report Abuse

SAPURA ENERGY BERHAD is too big for MCM to help it RUN RUN RUN

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2017-10-02 20:47 | Report Abuse

When announced wil drop like Dayang Carimin At least 8% drop MUST NOW

ilovehits SENERGY is going to announce they get one of the MCM packages next week. I'm 51% sure.
30/09/2017 13:39

Stock

2017-10-02 20:46 | Report Abuse

Continue to make CORE losses More impairment coming SELL SELL RUN RUN

Stock

2017-10-02 20:42 | Report Abuse

Don't listen to BS If love hits won't choose SAPURA ENERGY BERHAD for a million yr


ilovehits 12 months lowest $1.33, highest $2.10. Now at $1.46, very attractive.
02/10/2017 17:18

Stock

2017-10-02 20:39 | Report Abuse

Hv bin making losses To continue to make CORE losses Wat do u expect RUN FAST FAST

Stock

2017-10-02 20:38 | Report Abuse

Sapura Energy: 2QFY18: More Core Loss Expected
Date: 28/09/2017

RUN RUN RUN EPF oso run better b fast sell

Stock

2017-10-02 20:35 | Report Abuse

EPF selling like no tomorrow RUN RUN RUN Goin t b 1.10 tis week

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2017-10-02 20:34 | Report Abuse

More core loss expected RUN!!!

Stock

2017-10-02 19:27 | Report Abuse

Midf short term trading sell wil b for 1 day

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2017-10-02 19:25 | Report Abuse

U don't know anything abt Dayang very obvious

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2017-10-02 19:24 | Report Abuse

Dayang own more thn 37.5% u stupid

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2017-10-02 19:24 | Report Abuse

Perdana oil machines wil b use in MCM

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2017-10-02 19:11 | Report Abuse

Wil up back to more thn 1.00 Buy

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2017-10-02 19:10 | Report Abuse

Contract value wil base on work order Work order value wil follow oil price in future Tis 6 yrs MCM wil ensure no impairment some more

Stock

2017-10-02 10:45 | Report Abuse

We are positive on DAYANG’s long-awaited 5+1 MCM contract win. Although the contract value is not disclosed, we believe it could range from RM1.0b to RM1.5b but with margins lower than the previous win amidst vigorous industry cost rationalisation. While maintaining the earnings estimates, we keep our OUTPERFORM call on the stock with unchanged TP of RM1.10 (implying a FY18E PER of 12.5x) pegged to 1.1x FY18E PBV.

5+1 MCM contract. Last Friday, DAYANG announced that its whollyowned subsidiary, has been awarded a contract on 20 September 2017 from PETRONAS Carigali Sdn Bhd (PCSB) for the provision of maintenance, construction and modification (MCM) services Package A (Offshore) - Sarawak Oil. The contract will commence effective 20 September 2017 for 5 years with one-year extension option at an agreed fixed schedule of rates.
Project margins could be lower. We are positive on the contract win as the five-year maintenance contract will provide earnings visibility for its bread and butter business. While the contract value is not disclosed, we believe the total firm contract value could range from RM1.0b to RM1.5b depending on the amount of work orders received. Recall that DAYANG won the RM800m top-side maintenance services contract from Petronas in February 2011 but total revenue recognised was widened to RM1.4b due to additional work scope allocated. Given the rigorous cost optimisation over these few years, the project EBIT margins could be lower, estimated at 15-20% vs its historical margins of 20-25% before the oil prices’ plunge.
Uplifting PERDANA’s suspension… Recap that DAYANG had proposed a distribution of up to 292.2m ordinary shares or c.37.5% equity stake in PERDANA by way of dividend-in-specie to the shareholders of DAYANG. While the proposal has been approved in the EGM held on 9 August, we expect the re-listing of PERDANA upon completion of the exercise in October. Meanwhile, we believe the value of the dividend share could be lower than the last traded price of RM1.54 prior to its suspension on 30 September 2015 pending approval from Securities Commission.
…followed by private placement. Post distribution of dividend-inspecie, DAYANG’s stake in PERDANA will be reduced to 60.5% and its public shareholdings spread will be increased to 20%. Furthermore, PERDANA also announced a private placement of up to 10% of the total number of issued shares, which would lower DAYANG’s stake in PERDANA to 55%. The corporate exercises are expected to be completed by 4Q17.
Maintain OUTPERFORM. Pending confirmation of work orders from PCSB, we opt to maintain our earnings forecast as we have factored in RM1.5b order-book replenishment and earnings will only contribute meaningfully in FY18. All in, we maintain OUTPERFORM call on DAYANG with unchanged TP of RM1.10 pegged to 1.1x FY18E PBV, implying FY18E PER of 12.5x. Risks to our call: (i) weaker-than-expected HUC/TMM work orders, and (ii) prolonged downturn in OSV market.
Source: Kenanga Research - 2 Oct 2017

Stock

2017-10-02 07:57 | Report Abuse

Billion RM MCM can't move price? Place ur bet now

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2017-10-02 07:51 | Report Abuse

Not strange Not weird Jz ppl either greeded scared or confused by dividend in specise

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2017-09-30 11:54 | Report Abuse

China USA economics expands same time High demand for oil

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2017-09-30 11:21 | Report Abuse

Sabah EOR very very soon

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2017-09-30 11:18 | Report Abuse

TA target price 1.24

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2017-09-30 11:16 | Report Abuse

5+1 years value in billion

Dilution of Perdana loss

Oil is volatile not falling

TA resistance 1.24

52 weeks high 1.29

Stock

2017-09-29 17:40 | Report Abuse

Ya MCM Greedy ppl who sell today regrets d

Stock

2017-09-29 08:23 | Report Abuse

Not impossible Sabah EOR if announce today wil fly like North Korea ICM

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2017-09-29 08:17 | Report Abuse

Not strange Jz ppl r greedy Bt think plan cannot worked

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2017-09-29 07:29 | Report Abuse

Sabah EOR by end of tis year Now already is end of the year By next Monday already October

Stock

2017-09-28 15:10 | Report Abuse

Recent high 1.08 when announced more than 1.10?

MCM announcement wil add on further

Stock

2017-09-28 09:46 | Report Abuse

Announcement not today wil b tomorrow Exciting to receive Perdana share

News & Blogs

2017-09-28 09:43 | Report Abuse

North Sabah -> 30/100 Profit Sharing x (1-38% tax rate)

30% profit sharing 38% tax rate Where do u get tis from?

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2017-09-26 16:12 | Report Abuse

Cum Perdana share Good to get Perdana shares whn oil price goin up

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2017-09-26 15:52 | Report Abuse

Said end of September Announcement should b tis week

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2017-09-26 15:20 | Report Abuse

Dayang going to fly

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2017-09-26 14:45 | Report Abuse

Carimin fly on MCM Dayang next Buy

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2017-09-26 14:24 | Report Abuse

strong conviction on Hibiscus