Posted by cipapo > 2014-08-13 20:02 | Report Abuse

Perisai returns to the black...slowly but steadily...good opportunity to buy more now...tomolo will fly.....!!!....more contracts are coming...

Posted by another77 > 2014-08-13 20:26 | Report Abuse

Cipapo, you keep saying contracts coming, can you explain further? Becaase I cannot find it in the press release.

Posted by roguetrader > 2014-08-13 21:28 | Report Abuse

poor performance as expected but not too bad. at least not at loss. hold tight for more turbulence ahead.

Posted by alivetoinvest > 2014-08-13 22:25 | Report Abuse

tp 0.96 sen.. Since net profit down 96 % :)
http://www.theedgemalaysia.com/business-news/302663-perisai-q2-net-profit-plunges-96.html

Posted by cipapo > 2014-08-13 22:32 | Report Abuse

This is already expected...those who panic sell will regret this....it's already on schedule..

Posted by KAQ4468 > 2014-08-13 22:56 | Report Abuse

Wakakakaka...

Posted by KAQ4468 > 2014-08-13 22:59 | Report Abuse

Time will tell....time will tell.... Wakakaka...

Posted by godbless88 > 2014-08-14 01:42 | Report Abuse

Yep, only time will tell.
You can't be a good investor if you're constantly afraid of the slightest thing.
Look at sumatec, last time during 20 cents, price drop a bit everybody make a Hu-Ha out of it.
And now? kikikiki. Patience is gold my fren.

Posted by godbless88 > 2014-08-14 01:46 | Report Abuse

That reminds me KAQ4468, I remember you keep on complaining when it was still 1.53.
Didn't you sell your shares during that point?
Why are you still in this counter if you keep on complain abt it?

Posted by godbless88 > 2014-08-14 01:51 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/08/13/Perisai-returns-to-the-black-in-Q2/

Lesser profit is always better than a lost. Even without the two unit, Perisai still performing.
So think for yourself :)

Posted by Sohai > 2014-08-14 03:23 | Report Abuse

Tomorrow top up.....

Posted by johnny cash > 2014-08-14 07:35 | Report Abuse

Drilling into recovery in 2H
Perisai Kamelia sailed to its second quarterly profit in 2Q14, but could not
keep Perisai above water. The company booked a core net loss of RM2m due
to the continued unemployment of E3 and Rubicone. We deem the
performance broadly in line as we expect a strong earnings recovery in 2H14
given the deployment of PP101 this week. We continue to value the stock at
15.8x CY15 P/E, a 30% discount to the oil & gas big caps. We maintain our Add
recommendation, with the strong earnings recovery in 2H14 and full
deployment of the assets as potential re-rating catalysts.
Higher contribution from Perisai Kamelia
Excluding a gain of RM3m from the disposal of two vessels, Perisai posted a
core net loss of RM2m in 2Q14 compared to a net profit of RM24m in 2Q13 due
to the continued unemployment of pipelay barge Enterprise 3 (E3) and mobile
offshore production unit (MOPU) Rubicone. Both assets have been idle since 1
Oct 2013. Perisai's 51%-owned floating production, storage and offloading
(FPSO) vessel Perisai Kamelia, which started production in Nov 2013, helped to
cushion the loss from the two assets with a pretax contribution of RM11m, up
from RM9m in 1Q14.
PP101-led earnings recovery in 2H14
As we highlighted in our 25 Jul note, E3 and Rubicone are likely to remain
unemployed for the whole of FY14. However, we draw comfort from the start of
operations for Perisai Pacific 101 (PP101), Perisai's first jack-up, this week,
marking a new business and income stream for the company. PP101 should be
able to help soften the earnings weakness brought about by the idling of
Rubicone and E3, and contribute to the company's turnaround in 2H14. The
jack-up is servicing a 3-year US$158m contract from Petronas Carigali.
Jack-up fleet expansion in FY15-16
After the deployment of Perisai Kamelia, PP101 is the second asset that is
supporting Perisai’s transformation from a bareboat charterer to an operator,
as the company moves up the upstream value chain. The second and third
jack-ups are scheduled to be delivered in May 2015 and Jun 2016, respectively.

Posted by johnny cash > 2014-08-14 07:36 | Report Abuse

latest today report from CIMB---target still the same,,,2.37

Posted by cipapo > 2014-08-14 07:37 | Report Abuse

Yes..agree with god bless..this is a business...the only way is up now...drilling is lucrative...give it another quarter...more profit will come...look at umwog price...

Posted by cipapo > 2014-08-14 08:16 | Report Abuse

Yes...drilling into recovery...management is committed and have strong plans...just watch...

Posted by cipapo > 2014-08-14 09:21 | Report Abuse

ah....those panic sellers regretted....are buying back now..haha..

Posted by cipapo > 2014-08-14 09:28 | Report Abuse

Look at that....afternoon show is coming.....

Posted by roguetrader > 2014-08-14 09:31 | Report Abuse

all the best cipapo.

Posted by cipapo > 2014-08-14 09:42 | Report Abuse

http://klse.i3investor.com/blogs/hleresearch/57697.jsp

Posted by cipapo > 2014-08-14 09:43 | Report Abuse

http://klse.i3investor.com/blogs/kltrader/57693.jsp

Posted by cipapo > 2014-08-14 09:55 | Report Abuse

buy when ppl are fear....:)

Posted by roguetrader > 2014-08-14 09:57 | Report Abuse

it was blessing in disguise for the counter to drop since it opened gaps and break the sideways trend. :)

Posted by cipapo > 2014-08-14 10:02 | Report Abuse

cheers to you roguetrader

Posted by cipapo > 2014-08-14 10:04 | Report Abuse

11-12pm ...consolidation time due to mild profit taking for those short term traders....afternoon...will boost up again..

Posted by roguetrader > 2014-08-14 10:16 | Report Abuse

dont worry cipapo. we look forward to better days. :)

Posted by Justoshare > 2014-08-14 10:55 | Report Abuse

What is the TP?

Posted by goku_ > 2014-08-14 11:21 | Report Abuse

joined the club on 1.44.. :) let go up to 2!!! :D

Posted by cipapo > 2014-08-14 11:59 | Report Abuse

short term 1.80, long term 2.30

Posted by Wong Yi Shen > 2014-08-14 12:17 | Report Abuse

ultrashort term? :D

Posted by KAQ4468 > 2014-08-14 12:53 | Report Abuse

Short term 1.80 , long term 2.30 ???? Wakakakaka.... Sudah 2 tahun woiiii ....nak masuk tahun ketiga dah ni....wakakaka.... Time will tell... Time will tell...

Posted by tanker > 2014-08-14 13:39 | Report Abuse

Masa akan kasi tau

Posted by cipapo > 2014-08-14 13:46 | Report Abuse

2years u call long??....better go genting casino or sans marina ..haha

Posted by JQ96 > 2014-08-14 14:17 | Report Abuse

wow...really

Posted by roguetrader > 2014-08-14 14:53 | Report Abuse

cool down @cipapo. it is pointless to argue. :)

Posted by cipapo > 2014-08-14 16:40 | Report Abuse

sorry boss!...:)

Posted by anchovy > 2014-08-14 18:10 | Report Abuse

Next quarter should be ok can keep...

Posted by KAQ4468 > 2014-08-14 18:10 | Report Abuse

Good luck for 2 ringgit....Wakakakaka....jangan marah yerrr, just for fun... 2 ringgit 2 ringgit..!!! Lai lai 2 ringgit 2 ringgit..!!! Calling for 2 ringgit... Need to wait another 2 years ka??

Posted by KAQ4468 > 2014-08-14 18:11 | Report Abuse

Sorry boss.....Wakakakaka ....

Posted by pengwin > 2014-08-14 22:12 | Report Abuse

BIG FAT INVERTED HAMMER! Highly recommended by CIMB/RHB, expected strong 2nd half earnings. Plus extra attention on O&G with Sumatec and PDZ all flying and Reach Energy oversubscribed manifold, Perisai will rebound!! BUY!

Posted by kphoon > 2014-08-14 23:20 | Report Abuse

Good price right now.

Posted by ST > 2014-08-15 12:08 | Report Abuse

climbing...good fundamental... TP 1.55 short term...

Posted by kleboy > 2014-08-18 14:26 | Report Abuse

Buy Buy cheap sales 1.38

Posted by yongyou > 2014-08-20 11:24 | Report Abuse

ST, u got the TP RM1.55 from insider news?

Posted by KAQ4468 > 2014-08-20 15:27 | Report Abuse

Not RM 1.5 laaaa... But RM 2 ringgit.... Wakakaka lai lai 2 ringgit 2 ringgit... In year 2020 laaa wakakaka

Posted by kasey > 2014-08-20 16:32 | Report Abuse

y keep drop?

Posted by cipapo > 2014-08-20 22:30 | Report Abuse

Haha at least tak payah pegi forum lain advertise pasdec..takut takde orang beli...kakaka

Posted by KAQ4468 > 2014-08-20 22:50 | Report Abuse

Wakakaka...i got Pasdec in total 8000 lots and Takaso in total 7000 lots and Xinghe in total 5000 lots...all of this 3 Stock give me Profit!!! U got profit from Perisai??? Wakakaka.... Sudah 2 tahun mampus ....now 1.3 Wakakakaka !!!! Mau 2 ringgit??? Itik mampus punya counter mau pergi 2 ringgit ?? Time will tell time will tell....wakakaka simpan itu time dalam poket kasi dia kawan sama burung... Wakakaka

Posted by cipapo > 2014-08-20 22:55 | Report Abuse

Haha...another talk cock sing song fella....advertising his stocks...syiok sendiri...nobody ask also...haha...

Posted by KAQ4468 > 2014-08-20 22:56 | Report Abuse

Wakakaka 2 ringgit 2 ringgit.... Lai lai lai ... Boleh tunggu sampai mampus...

Posted by KAQ4468 > 2014-08-20 23:02 | Report Abuse

Wakakakaka....sure syiok woooo.... Banyak untung wooooo.... Main saham mau untung wooooo.... Wakakaka ... Perisai mau kasi u untung ka?? Boleh kasi ka? Bila mau untung?? Wakakaka itik mati wooooo....