Posted by eric_b7b > 2016-02-26 07:05 | Report Abuse

buy .

Posted by flyup888 > 2016-02-26 08:28 | Report Abuse

oil rebound, green

Posted by vc1922 > 2016-02-26 08:30 | Report Abuse

Buy take over on asset 60 sen

Posted by Mohd Fahmi Bin Jaes > 2016-02-26 08:34 | Report Abuse

open gap down 0.270

Posted by flyup888 > 2016-02-26 08:41 | Report Abuse

only 0.27? impossible..should be 0.22?

Posted by flyup888 > 2016-02-26 08:41 | Report Abuse

report something wrong?

Posted by Mohd Fahmi Bin Jaes > 2016-02-26 08:45 | Report Abuse

report not wrong. correct. 0.20 people que sell

Posted by Mohd Fahmi Bin Jaes > 2016-02-26 08:55 | Report Abuse

gap down 0.265

Posted by Mohd Fahmi Bin Jaes > 2016-02-26 08:59 | Report Abuse

0.265

Posted by Mohd Fahmi Bin Jaes > 2016-02-26 09:01 | Report Abuse

0.260

Posted by richkid > 2016-02-26 09:05 | Report Abuse

Perisai QR making big losses prompted selling today.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5009541

Posted by richkid > 2016-02-26 09:05 | Report Abuse

Another sad day for Perisai.

Posted by richkid > 2016-02-26 09:16 | Report Abuse

A loss of 719,533,000 is too huge to swallow...Be careful when buying thinking it is cheap. This is not a small loss...not even a profit...but a huge loss.

Posted by vc1922 > 2016-02-26 09:32 | Report Abuse

Who sold already loss. Perisai will shoot now

Posted by vc1922 > 2016-02-26 09:33 | Report Abuse

Tp 60 sen

Posted by stonenut2 > 2016-02-26 10:08 | Report Abuse

When oil recovering which I believe will..
then it will reverse the loss.
Tp Rm1.00

Posted by stainlyho37 > 2016-02-26 10:13 | Report Abuse

"Provision for impairment on plant and equipment (689,913)"......take note this looses not operation losses.....

Posted by stainlyho37 > 2016-02-26 10:18 | Report Abuse

Excluding the provision for impairment on plant and equipment, the Group generated profit before tax of RM6.20million for the financial quarter ended 31 December 2015.

Posted by stainlyho37 > 2016-02-26 10:22 | Report Abuse

current prices been take into consideration of those poor performance and you may see the sudden jump in profits on coming FY ..this usually did by company with clean up all rubbish during the raining day....

Posted by stonenut2 > 2016-02-26 10:27 | Report Abuse

Opec and non opec going to meet up in march
things might be getting better...is has been near 2 years oil in low price..
They need to find a solution as oil is not cheap in reality.
Oil is getting less less in the world.. same comparison to gold .

Posted by mcwong > 2016-02-26 10:43 | Report Abuse

The world got a lot oil, only who want selling in low price. So they say is gonna empty ready , than the price up. Believe , other 100 year the oil still got a lot..

Posted by Old90 > 2016-02-26 10:43 | Report Abuse

Good opportunity to buy low.

Posted by mcwong > 2016-02-26 10:45 | Report Abuse

What things they losing profit..for this Qt report...Can't believe ....

Posted by mcwong > 2016-02-26 10:48 | Report Abuse

Oil is value and good things, there no reason sold in low price to other PPL. Otherwise there got other things more value and better than oil. This will make oil drop price.

Posted by stainlyho37 > 2016-02-26 11:42 | Report Abuse

can oil go above USD33.60 !! then u see 35 & 38....

Posted by nemesis > 2016-02-26 11:50 | Report Abuse

Perusal has massive debts...why wanna buy tis crap...massive loss making n no dividend with great impairment loss ahead...I will only buy at 0.08...tat is the fair value...

Posted by Mat Cendana > 2016-02-26 11:53 | Report Abuse

This is encouraging. Despite the huge impairment, the share price is down only 1 sen. Big volume today but 0.26 seems to be a solid floor. Have to take note of the price action. For traders, this is more important than financial results. For investors...this isn't a counter you should be looking at. Unlikely to give out any dividends.

Posted by sure > 2016-02-26 13:41 | Report Abuse

Share price is meant for speculation not for fundamental reflection

Posted by stonenut2 > 2016-02-26 14:12 | Report Abuse

I still.remember those days when perisai drop near to 0.40 from 1.80
Withins 2 years shoot back to near rm2.00

Posted by stonenut2 > 2016-02-26 14:13 | Report Abuse

Remember one year ago a guy said if perisai drop below 0.70 will cut off his banana?
look at this price now... is extremely low and worth investing.

Posted by Mohd Fahmi Bin Jaes > 2016-02-26 14:19 | Report Abuse

sell

Posted by stainlyho37 > 2016-02-26 15:28 | Report Abuse

take out impairment company should be in small profits...put in impairment will help company lower the depreciation RM15~30 mil !!.this did not affect the operation..you will see the rebound once ppl digest this !!! i like comp. make this type of decision.....crude oil above USD33 ...!!

Posted by MP Khor > 2016-02-26 16:17 | Report Abuse

agree, impairment eq now better than future

Posted by albertwarrior > 2016-02-26 19:45 | Report Abuse

Brent now at $35.97 a barrel

Posted by albertwarrior > 2016-02-26 19:46 | Report Abuse

See whether can hit $36 a barrel and above

Posted by albertwarrior > 2016-02-26 19:52 | Report Abuse

Just peak at $36.02 a barrel for brent. Good.

Posted by Activetrader > 2016-02-27 01:24 | Report Abuse

dont be too optimistic :) this company will easily gone. Dont be greedy because its cheap. U r dumping money into the sea

Posted by annmix > 2016-02-27 02:30 | Report Abuse

Its not that bad, no need to panic for those jus emphasizing at the number s
Downgrade to HOLD; TP cut to MYR0.27
Results aside, Perisai prudently impaired its rigs, MOPU and E3 assets to reflect current challenging conditions. This exercise will save Perisai about MYR15m-MYR30m in depreciation p.a.. While we upgrade earnings, we downgrade Perisai to a HOLD for much of the positives have been priced in following the 15% rise in share price recently. Our TP is based on a revised 1x EV/replacement value.

FY15 core results above; MYR725m impairment
Headline net loss of MYR725m in 4Q15 was due to a substantial MYR725m exceptional loss, which mainly comprised two items: (i) a MYR689m impairment on assets (rigs and MOPU) and (ii) MYR36m impairment on its 50%-owned E3 barge. Stripping that off, Perisai returned to the black with a reported core net profit of MYR0.2m in 4Q15 (vs. –MYR0.3m in 3Q15). This took FY15 core profit to MYR3m (-73% YoY), ahead of our MYR2m estimate.

Marine ops & associate offset losses at rigs & MOPU
The better-than-expected 4Q15 core performance was mainly due to lower corporate expenses. Operationally, its marine vessels unit and associate (50%-owned FPSO ops) continued to be Perisai’s key earnings drivers, buffering losses at its drilling and MOPU operations.

Upgrade earnings; expects delays on 2 new rigs
Our 119%/24% upgrade in FY16/17 earnings is premised largely on the: (i) depreciation savings from the impairment of its assets (MYR15m-30m p.a.) and (ii) deferment of its 2 incoming jack-up rigs (Pacific 102 & 103) to 2019 (from 2016-17) as it aims to conserve cashflow and manage capital. Operationally, we expect positive contracts newsflow on its MOPU and E3 operations by 1H16. These 2 assets, off-hire since 3Q14, have been a drag to Group’s earnings. Share price has performed well, up 15% since we upgraded Perisai to a Trading Buy a month ago. With minimal catalyst in sight, we now downgrade Perisai to a HOLD.

Posted by annmix > 2016-02-27 02:31 | Report Abuse

By Maybank research

Posted by Old90 > 2016-02-27 10:17 | Report Abuse

Maintain Buy, crude oil up, perisai will rebound.

Posted by albertwarrior > 2016-02-28 08:36 | Report Abuse

http://www.nst.com.my/news/2016/02/129889/ringgit-likely-strengthen-further-next-week

Posted by albertwarrior > 2016-02-28 08:36 | Report Abuse

http://www.theedgemarkets.com/my/article/ringgit-strengthens-malaysian-shares-gain

Posted by stonenut2 > 2016-02-28 20:20 | Report Abuse

When oil climbing back to usd60 per barrel.. perisai tp would be 0.49 still low....

Posted by AzerothJr > 2016-02-29 09:07 | Report Abuse

if then oil goes 20usd perisai become sai at 0.15?

Posted by stainlyho37 > 2016-02-29 10:07 | Report Abuse

crude oil to go above usd35 this week..and 38...

Posted by albertwarrior > 2016-02-29 11:32 | Report Abuse

http://oilprice.com/Energy/Crude-Oil/Oil-Giant-Cuts-Budget-By-80-Percent-And-Suspends-Fracking.html

Posted by derrickinvestor > 2016-02-29 12:37 |

Post removed.Why?

Posted by kaizoke > 2016-02-29 14:47 | Report Abuse

taufu will start become hard..

Posted by Mohd Fahmi Bin Jaes > 2016-02-29 15:29 | Report Abuse

sell
0.255

Posted by albertwarrior > 2016-02-29 15:37 | Report Abuse

http://www.marketwatch.com/story/oil-prices-fight-for-gains-as-investors-look-for-signs-of-rising-demand-2016-02-29