Posted by rlch > 1 month ago | Report Abuse

If follow Dayang, RM 2 Penergy even possible?

Posted by investorbat > 1 month ago | Report Abuse

Shorefield Resources(DPM Fadillah brother) holds 29.61%,Wasco holds 26.97%,Nizam(Najib brother) holds 9.11%,Urusharta Jamaah holds 8.71%,total more than 70% .Wasco (wah seong) bought at 1.68 and planned to sell in 2021,sarawak gov is one of the bidder.As long as Umno and Pbb in power this company is gem.

Posted by investorbat > 1 month ago | Report Abuse

Many oil explorations going on offshore sarawak near miri,good opportunity for petra to obtain contract
https://www.offshore-mag.com/drilling-completion/article/14302264/exploration-drilling-delivering-strong-results-offshore-malaysia

Posted by investorbat > 1 month ago | Report Abuse

https://theedgemalaysia.com/article/newsbreak-wah-seong-looking-sell-stake-petra-energy

Posted by investorbat > 1 month ago | Report Abuse

https://www.petroleumsarawak.com/news-media/media-centre/press-releases/2023/petros-and-petra-announces-first-drill-at-the-sk433-onshore-block-miri

Posted by 5354_ > 1 month ago | Report Abuse

New high coming soon?

Posted by SincereStock > 1 month ago | Report Abuse

buy back very few at 1.25. sad to miss out the rally after QR release. people seems start to realise now price gap between DAYANG & PENERGY need to close up eventually as they are sharing almost same fundamental (price gap is still almost double now). with much more better DY here at PENERGY

Posted by SincereStock > 1 month ago | Report Abuse

by the way this is one of few counters I consider to hold above NTA

Posted by I_like_dividend > 1 month ago | Report Abuse

RM 1 cheaper than Dayang and good dividend(11 sen) I add.

Posted by investorbat > 1 month ago | Report Abuse

Petra's financial is much better than dayang,more than 220mil cash only 30mil borrowing ,DY also better than dayang

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

How much was the one-off disposal gain by Penergy?

Posted by 5354_ > 1 month ago | Report Abuse

Urusharta Jamaah disposed so who buy?

Posted by 5354_ > 1 month ago | Report Abuse

Boss(director) dumb-dumb hold(unlike Dayang) so we must follow?

Posted by Income > 1 month ago | Report Abuse

I agree. Based on personal experience working with an investment advisor, l currently have Rm in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

Posted by 5354_ > 1 month ago | Report Abuse

No IB coverage so cheap unlike Hibiscus, Dayang, Hengyuan, Dialog or Yinson? PE only 7.8 and DY 8.53%.

Posted by 5354_ > 1 month ago | Report Abuse

Talks with PN on allocations to finally resume
https://www.freemalaysiatoday.com/category/nation/2024/03/20/talks-with-pn-on-allocations-to-finally-resume/

Posted by 5354_ > 1 month ago | Report Abuse

11 sen dividend meaning DY 8.94% who/why sell? Oil still up meaning profit and dividend should hold or even better.

Posted by investorbat > 4 weeks ago | Report Abuse

Ipo prospectus of Keyfield International and privatization of Icon shows that OSV is booming, utilization and charter rate are rising. Penergy net cash around 60 sen consider cheap

Posted by investorbat > 4 weeks ago | Report Abuse

take over target also?

Posted by 5354_ > 3 weeks ago | Report Abuse

Takeover like Icon? If got is bonus.

Posted by 5354_ > 3 weeks ago | Report Abuse

Penergy is individual owned not govn so takeover must be a lot of premium to market price eg >RM 1.5?

Posted by investorbat > 3 weeks ago | Report Abuse

not less than 1.68 Wasco paid,net cash around 60 sen in hand

Posted by 5354_ > 3 weeks ago | Report Abuse

Brent USD 87 so 2024 Penergy profit and dividend even higher?

Posted by Income > 3 weeks ago | Report Abuse

https://youtube.com/shorts/ALOU_5w-FT0?si=cjT4lvNcgPVxpqXk

Posted by investorbat > 2 weeks ago | Report Abuse

Market cap of Keyfield International upon listing estimate beyond $800mil.Petra as the major supplier with net cash trading at market cap around $400mil,way under value?

Posted by maggigoreng > 2 weeks ago | Report Abuse

what is petra supplying keyfield?

Posted by investorbat > 2 weeks ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/mqipo/2024-04-02-story-h-184726859-IPO_Keyfield_International_Berhad_Part_2
Petra resources sdn bhd 100% owned by Petra

Posted by Chionh > 2 weeks ago | Report Abuse

此股.跟不上油氣大市

Posted by Change_ > 2 weeks ago | Report Abuse

Dayang, Hibiscus, Yinson, Dialog and Hengyuan all >RM 2 O&G counters can they give 11 sen dividend like Penergy?

Posted by Change_ > 2 weeks ago | Report Abuse

Abah PM 11 only Penergy can limit up?

Posted by Change_ > 2 weeks ago | Report Abuse

Honeymoon period over. PM-X must perform now.

Posted by Change_ > 2 weeks ago | Report Abuse

QR, dividend good why RM 1.3 only?

Posted by investorbat > 2 weeks ago | Report Abuse

Gaining momentum,Rsi rising,macd going to cross

Posted by investorbat > 2 weeks ago | Report Abuse

this is like a volcano saving energy,going to erupt very soon

Posted by investorbat > 2 weeks ago | Report Abuse

unloaded a bit for seafood dinner

Posted by Change_ > 2 weeks ago | Report Abuse

Rise cannot sustain why? PM-X not good so must change?

Posted by Change_ > 2 weeks ago | Report Abuse

GPS please withdraw supporting Unity government. Let rakyat have GE16 sooner to choose more qualified PM.

Posted by Change_ > 2 weeks ago | Report Abuse

DY 7.8% 2.3% more compare to EPF 2023 5.5%.

Posted by Change_ > 2 weeks ago | Report Abuse

GPS support PN, Penergy RM 1.6-1.8 possible?

Posted by Learner68 > 1 week ago | Report Abuse

Q1 result always weak comparatively in recent years. I have confidence that they will change this trend with stronger O&G activities as quoted in their perspective comment.

Posted by 5354_ > 1 week ago | Report Abuse

Energy coming after Raya?

Posted by 5354_ > 1 week ago | Report Abuse

Better than Dayang many start to realise now?

Posted by investorbat > 1 week ago | Report Abuse

If compare with Keyfield,Penergy might up another 30% from here with millions net cash

Posted by 5354_ > 4 days ago | Report Abuse

Brent USD 100 possible because of Iran-Israel war?

Posted by 5354_ > 5 days ago | Report Abuse

Penergy ada Energy.

Posted by 5354_ > 5 days ago | Report Abuse

Cheaper than Dayang, Hibiscus and Hengyuan.

Posted by investorbat > 2 days ago | Report Abuse

If compare with Keyfield market cap of 1.4 bil,Penergy with net cash and market cap of 400+ mil is cheap

Posted by 5354_ > 2 days ago | Report Abuse

Dayang break new high when is Penergy turn?

Posted by 5354_ > 2 days ago | Report Abuse

GPS pull out meaning Unity Govn collapse so who must take care Penergy(TPM Fadillah Yusof brother counter) share?

Posted by cheap1 > 1 day ago | Report Abuse

Bustari Yusof(TPM Fadillah Yusof brother) still dumb-dumb hold unlike Dayang director non-stop disposing meaning Penergy still cheap.