Posted by Goldensnow > 2019-03-12 15:13 | Report Abuse

Penergy slowed down even with oil prices up?

Posted by Goldensnow > 2019-03-12 16:14 | Report Abuse

But not enough volume to push up. For 2 days dropping so much.

Posted by mkmike > 2019-03-12 16:32 | Report Abuse

Whoever goes in now will be grinning from tooth to tooth soon.

Posted by Depeche > 2019-03-12 16:57 | Report Abuse

When Penergy advances, it will be fast and furious.

Posted by Depeche > 2019-03-12 16:59 | Report Abuse

Crude and Brent chasing recent highs...the oil bulls are back and will be stronger.

Posted by UnicornP > 2019-03-12 17:00 | Report Abuse

yea

Posted by dompeilee > 2019-03-12 17:04 | Report Abuse

dompeilee I give u all free tip lah! Penergy gonna rebound anytime now...
12/03/2019 10:15

Hehe...let this be a lesson 2 all newbies...FREEBIES are not worth anything =)

Posted by Goldensnow > 2019-03-12 17:24 | Report Abuse

Calvin.. whats your take on Penergy performance tomorrow? Today counter still on profit taking?

Posted by ramada > 2019-03-12 17:26 | Report Abuse

When Dayang hit RM2, Penergy should be worth RM1.20.

Posted by ramada > 2019-03-12 17:31 | Report Abuse

Penergy same as Carimin, with single good quarterly result only. After Carimin reported 5 sen, it went to max. RM0.95 — 5 sen x 19 = RM0.95.

For this Penergy, TP for this 3 months should be — 6.5 sen x 19 = RM1.23.

Posted by freddiehero > 2019-03-12 18:02 | Report Abuse

ini macam, tunggu nampak kolam la

Posted by stockraider > 2019-03-12 18:17 | Report Abuse

BETUL PUNYA BUKAN MAIN MAIN MAH...!!

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...!!

Posted by Goldensnow > 2019-03-12 20:17 | Report Abuse

But its strange for most O&G counters up except for Penergy.. please advice anyone?

Posted by dick20 > 2019-03-13 08:08 | Report Abuse

yes, the counter is not ready for the time being. operator need to collect more shares.

Posted by Goldensnow > 2019-03-13 09:15 | Report Abuse

Thanks dick20.. just waiting for Penergy to move..

Posted by dick20 > 2019-03-13 10:05 | Report Abuse

moving now, just hold on. should be okay

Posted by calvintaneng > 2019-03-13 10:17 | Report Abuse

Pent Up Energy cannot stay still

So?

SO MUST MOVE UP LAH!!!

Posted by Goldensnow > 2019-03-13 10:25 | Report Abuse

buy rate is positive. hope can touch resistance at 1.19

Posted by Goldensnow > 2019-03-13 10:30 | Report Abuse

Thanks Calvin!

Posted by Goldensnow > 2019-03-13 10:45 | Report Abuse

wow.. like roller coaster.

Posted by nestor > 2019-03-13 10:47 | Report Abuse

yea, up and down again. But i still holding

Posted by Goldensnow > 2019-03-13 11:32 | Report Abuse

no more energy already.

Posted by nestor > 2019-03-13 11:54 | Report Abuse

i think people switch to perdana already

Posted by Goldensnow > 2019-03-13 15:10 | Report Abuse

Good show from Penergy & Perdana..

Posted by 8888_ > 2019-03-13 15:10 | Report Abuse

Next Sarawak theme play after Perdana, Naim?

Posted by noobbie > 2019-03-13 15:27 | Report Abuse

lagging..gonna speed up soon

Posted by calvintaneng > 2019-03-13 16:12 | Report Abuse

Penergy up is genuine

Perdana got problem. So be careful

Posted by noobbie > 2019-03-13 16:34 | Report Abuse

slow n steady

Posted by mkmike > 2019-03-13 16:37 | Report Abuse

Penergy's time will come.

Posted by Goldensnow > 2019-03-13 17:16 | Report Abuse

Calvin.. some say Dayang owns 60% of Perdana.. can you clarify this?

Posted by Depeche > 2019-03-13 18:27 | Report Abuse

Dayang's energy is transferred to Perdana....both will enjoy uptrend together.

Posted by Depeche > 2019-03-13 18:28 | Report Abuse

Penergy is going to break 1.20 again...hopefully towards 1.30 this week.

Posted by Goldensnow > 2019-03-13 19:40 | Report Abuse

Thanks Depeche!

Posted by calvintaneng > 2019-03-13 20:41 | Report Abuse

NAIM WENT LIMIT UP TODAY

BY MAY IF PENERGY RESULT BEATS DAYANG AND NAIM

THEN PENT UP ENERGY WILL ALSO GO LIMIT UP!!!

Posted by mkmike > 2019-03-13 21:52 | Report Abuse

Patience is bitter, but its fruit is sweet. ~ Jean-Jacques Rousseau. Coming soon.

Posted by tansoonyg > 2019-03-13 22:08 | Report Abuse

Tomorrow will break recent high 1.22

Posted by 5354_ > 2019-03-13 23:14 | Report Abuse

Brent USD 67.29, new 2019 high.

Posted by nckcm > 2019-03-13 23:17 | Report Abuse

No la, 67.60, tonight maybe break this and go 68

Posted by GPS_Sarawak > 2019-03-14 09:06 | Report Abuse

2 RM Penergy not in PH lifetime? How to join PH when BN days possible.

Posted by calvintaneng > 2019-03-14 09:11 | Report Abuse

CALVIN STILL HOLDING ON 50,000 SHARES OF PENERGY

PENT UP ENERGY WILL GO UP SOME MORE TO AT LEAST RM1.50

Posted by noobbie > 2019-03-14 09:39 | Report Abuse

weak holder already release thos morning..time to full throttle

Posted by 8888_ > 2019-03-14 09:44 | Report Abuse

Me too still hold. Penergy is direct beneficiary of surging oil price as it produces oil unlike Dayang.

Posted by noobbie > 2019-03-14 09:48 | Report Abuse

ya..but for our market..people buy on hype..they dont even know what they are buying..n sadly..they dont even know why they are selling...they just like quock bucks...and also quick losses

Posted by Sarawakians > 2019-03-14 10:10 | Report Abuse

2 RM hard bec PH in power? 2021 must vote back BN?

Posted by birkincollector > 2019-03-14 10:38 | Report Abuse

aiyoyo why not up lol

Posted by Tim2812 > 2019-03-14 10:54 | Report Abuse

Turbo no power vroom vroom vroom.

Posted by noobbie > 2019-03-14 11:32 | Report Abuse

now the turbo come...beautiful energy

Posted by birkincollector > 2019-03-14 11:39 | Report Abuse

hehehe

Posted by sarawakian63 > 2019-03-14 12:12 | Report Abuse

Is PH good for 1 term? Why 1.3-1.5 so hard?

Posted by Sarawakian60 > 2019-03-14 12:15 | Report Abuse

We start to miss Najib.