Tongkarat..Wah lu hari hari urut urut syok kah. Tunggu ini kaunter naik tegak...itu jam, saya urut lagi syok...kikikik. Haha. Macam mana tongkarat...guna tongkat...hehehe..
As most O&G stocks like Carimin, Naim, Dayang & Penergy have gone up 100% to 200% from its lows Raider has unearthed another Great O&G Stock yet to run up
That Stock is Sapnrg.
At Its early days of IPO (2013 to 2014) Sapnrg O&G Was As High As Rm7.00
But in Year 2014 Due to Brent Crude Oil price crashed to a low of USD27 Petronas cut down from 39 Oil Rigs to only 14 Oil Rigs
As a result Sapnrg 0&G business contracted & its share price collapsed all the way till now (Sapnrg was later sold to Amanah Saham Bumi)
AND NOW THESE ARE SOME VERY GOOD TURNING POINTS FOR Sapnrg
1) PETRONAS HAS INCREASED UPSTREAM EXPENSE FROM RM11.5 BILLIONS (2018) TO RM15 BILLIONS (2019) THIS YEAR
That means that there will be EXTRA 30% CASH INFUSION INTO UPSTREAM O&G ACTIVITIES
CARIMIN, DAYANG, PENERGY, BINTULU PORT HAVE SEEN INCREASING REVENUES DUE TO O&G ACTIVITIES FOR YEAR 2018. AND GOING INTO YEAR 2019 IT WILL SEE EVEN MORE ACTIVITIES
All Due to these Factors
2)) Brent Crude Price has gone back up above USD65.00 per barrel
SO IT IS VIABLE TO EXTRACT MORE OIL
3) Govt wants more Dividend from Petronas (Currently Petronas gave Rm24 Billions usual dividend PLUS A Special Dividends of RM30 Billions = Total Rm54 BILLIONS)
4) RAPID REFINERY In Completion also require EXTRA 54.7 MILLION BARRELS OF CRUDE YEARLY So all these Converging Factors Have Fired Up O&G Stocks
5) Sapuranrg HAS RECEIVED 6 JOB AWARDS SINCE YEAR 2018
Making a Very Good Track Record of securing over Rm 5 Billion Ringgit Revenue for Year 2018 & 2019 And More Jobs going into Year 2019 as PETRONAS IS STEPPING UP OIL EXPLORATION. At the moment sapnrg got rm 16 billion order books in hand.
6) SEEING SUCH GOOD PROSPECTS PNB BUMI HAS BOUGHT More sapnrg raising their stake from 12% to 48% injecting about Rm 2 billion loh...!!
7) ALTHOUGH Sapnrg HAS 16 BILLION SHARES ITS TOP 30 HOLDERS ARE AMANAH SAHAM BUMI, PNB & TOP LOCAL & FOREIGN FUNDS 80% ARE OWNED BY THESE STRONG HOLDERS. Only 4 billion shares are in freefloat.
8) SINCE PENERGY, CARIMIN & DAYANG HAVE ALREADY RUN UP SO MUCH IN PRICE IT IS A WISE STRATEGY TO TAKE SOME PROFITS IN THESE & BUY SOME LAGGARD Sapnrg.
9) Sapnrg COULD BE ANOTHER DAYANG OR A HIDDEN GEM...raider has estimated it overtake Pchem mkt capitalization in 3 yrs time loh..!!
10) JUST LIKE NAIM WAS SOLD DOWN TO 45 SEN AFTER CAPITAL EXERCISE Sapnrg HAS ALSO BEEN SOLD DOWN TO ONLY 23.5 SEN (DUE TO CAPITAL EXERCISE RECENTLY)
Share just like NAIM AT 50 SEN. NAIM REACHED RM1.00 FOR 100% UPSIDE RECENTLY
SO Sapnrg IS NOW 32 SEN
WHAT IS THE TARGET PRICE FOR Sapnrg?
Raider HAS A 3 YEAR TARGET PRICE FOR Sapnrg AT RM 3.00 loh...!!
I bet they are thinking positively like raider loh...!!
Posted by spinninglotus > Mar 12, 2019 06:36 PM | Report Abuse
Stockraider Today Vincent Tan sapu Sapnrg I also got shocked Long time never see Vincent Tan Today Fong Siling and Vincent Tan both sapu Sapnrg Hahahahaha
After a major scheduled production downtime from 6/8/2018 to 21/10/2018 the company is geared towards full production in 2019. The loss has reduced substantially from RM122m for quarter ended 30/9/2018 to a small loss of RM72k for quarter ended 31/12/2018 due to scheduled production downtime. As the crude oil has recovered from USD 50 per barrel at the beginning of the year to the current USD 67, the profit for this coming quarters should be very good. This will repeat the share price movement in 2017 from the current RM6.30 to hit above RM10 in 2019.
To the residents of Pasir Gudang,boil a lot of raw barley,red dates, lady fingers to detox their toxic from the bodies immediately before fall sick as this is an effective method precaution.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nckcm
2,726 posts
Posted by nckcm > 2019-03-06 17:38 | Report Abuse
Why all kyy stock goreng today ??