Posted by 8888_ > 2019-03-27 10:59 | Report Abuse

Brent USD 68 so Mar'19 even better qtr for Penergy?

Posted by calvintaneng > 2019-03-27 13:35 | Report Abuse

Brent up is good for Petronas

So if Petronas is good it will give more jobs to penergy

Posted by Iamyou > 2019-03-27 13:49 | Report Abuse

Petronas won't just suddenly give more jobs because brent price up. They have theirs plan for 2019 and don't change

Posted by erkongseng > 2019-03-28 05:18 | Report Abuse

Petra Energy Bhd是一家投资控股公司，为马来西亚的上游石油和天然气行业提供一系列综合棕地服务。 它通过服务，海洋资产以及生产和开发和生产部门运作。 该公司提供建筑调试和维护，工程，运营和维护，油田优化，改造，国内船舶重新包租，地球物理，设计和工艺设备制造等服务; 包装和供应工程设备，以及项目管理，采购和物流服务。
Penergy 5133:
~估计2019年eps=16仙，pe=10倍，股价=RM1.60
~公司截止31/12/2018的现金有94.3M
借贷为123.5M
净借贷为29.2M
是上游油气服务股中资产负债表很好的一支股。
~投行收集大洋夠了，开始拉升，将帶领油气股奔驰，如penergy,carimin,買在行业复苏期，下来业绩有看头。
~Penergy不受债务干擾且股数流量小，油气股中最好走势与易上升。
~最新季報2018年末季的赚副高达10.8%(2088万/1.918亿)
~2019年Q1.Q2.Q3和去年对比业绩将大进步，大可能恢复派息，公司18个月内有望成净现金的油气股，基本面强。此时不買待何时(RM1.07)。
~買股是看公司未来的净利前景。
近期Q4业绩赚副为10.8%,营业额有1.91亿马币。
保守取1.5亿马币计，2019全年1.5亿✘4=6亿马币营业额，赚副取8%计，净利为48M
公司股数为321.750m,
48m/321.750m=EPS为14.9仙
取pe10倍，合理价=RM1.49
个人分享，買卖自负。

Petra Energy Bhd is an investment holding company providing a comprehensive range of brownfield services to the upstream oil and gas industry in Malaysia. It operates through services, marine assets, and production and development and production departments. The company provides building commissioning and maintenance, engineering, operations and maintenance, oilfield optimization, retrofitting, domestic ship re-leasing, geophysical, design and process equipment manufacturing services; packaging and supply engineering equipment, as well as project management, procurement and logistics services.
Penergy 5133:
~ Estimated 2019 eps = 16 sen, pe = 10 times, stock price = RM1.60
~The company has 94.3M in cash as of 31/12/2018
Borrowing is 123.5M
Net borrowing is 29.2M
It is a good stock balance in the upstream oil and gas service stocks.
~ The investment bank has collected enough oceans and started to pull up. It will lead oil and gas stocks, such as penergy, carimin, to buy in the industry recovery period, and the performance will be worth seeing.
~Penergy is not subject to debt interference and the number of shares is small, and the best trend and easy rise in oil and gas stocks.
~ The latest quarterly report in the last quarter of 2018 earned up to 10.8% (20.88 million / 191.8 million)
~2019 Q1.Q2.Q3 and last year's comparative performance will be greatly improved, it is likely to resume dividends, the company's oil and gas stocks expected to become net cash within 18 months, the fundamentals are strong. Do not buy when (RM1.07).
~ Buying shares is to look at the company's future net profit prospects.
The recent Q4 performance earned 10.8% and the turnover was RM191 million.
Conservatively take RM150 million, 2019 for the whole year, 150 million ✘ 4 = 600 million MYR, and earn 8%, net profit is 48M
The number of shares of the company is 321.750m.
48m/321.750m=EPS is 14.9 cents
Take pe10 times, reasonable price = RM1.49
Personal sharing, buying and selling.

Posted by DollyLucky > 2019-03-28 07:37 | Report Abuse

Very intelligently explained i concur buy now before the up trend begins.

Posted by 88Tan > 2019-03-28 09:22 | Report Abuse

Hope today can up again

Posted by Sarawakians > 2019-03-28 10:02 | Report Abuse

We wish Pan Borneo Highway can complete soon. Is it BN better than PH? Why Pan Borneo still slow under PH?

Posted by Sarawakians > 2019-03-28 10:04 | Report Abuse

MA63 discussion must include Pan Borneo Highway completion as 1 of condition.

Posted by newbie5354_ > 2019-03-28 10:56 | Report Abuse

sifus is Bursa run by crooks? Why Penergy QR EPS 6.51 sen better than Inari, MyEg, GKent, etc share price lap sap?

Posted by PE10 > 2019-03-28 12:15 | Report Abuse

Follow KYY TP not RM 2.6(EPS 6.51X4X10)?

Posted by Goldberg > 2019-03-28 18:11 | Report Abuse

Petra Energy to acquire more marine fleet
by Aziz Hassan
BINTULU: Sarawak-based Petra Energy Berhad is looking at buying more work barges, work boats and supply vessels to support its increasing role in the offshore brown field work, particularly in the oil and gas hubs in Sabah and Sarawak.

Executive director and chief operating officer Ahmadi Yusoff said the proposed aquisitions will be premised on a right mix of vessel portfolio and growing opportunities in offshore oil and gas operations. The company’s current fleet comprises three workbarges and two work boats.



He told a media briefing in conjunction with the Kumang cluster onshore tie-in facilities handing over ceremony here last night that the project, involving procurement, construction and commissioning of the tie-in at the Malaysia LNG Sdn. Bhd. SC-2 and Bintulu integrated facilities onshore upgrading and modifications, was completed ahead of schedule on August 30.

In recognition of its health safety and environment standards, Petra Energy received accolades from Petronas Carigali and MLNG for 835,000 safe manhours achievement for the project earlier this month.

Ahmadi, who has been instrumental in the turnabout operations at the Kumang project office, said that currently the group’s major contracts include the hook-up construction and commissioning (HUCC) contract for Petronas Carigali awarded last December.

Another is the Sabah/Sarawak HUCC and major maintenance contract awarded in late 2008.

According to Ahmadi, the company’s immediate priority was to focus on onshore brown field opportunities in Sabah and Sarawak like in Kimanis (Sabah), Labuan and Bintulu as well as developing hubs in Peninsular Malaysia as part of its expansion plans.

These include opportunities in areas of topside major maintenance and construction; hook-up and commissioning in the immediate and short-term besides marginal and small field redevelopment in the medium to long term.

“We also see strong growth potential in fabrications work for the oil and gas industry,” he said, adding that Petra Energy has established a collaboration with Labuan Shipyard and Engineering to undertake minor and major fabrication works and had acquired a facility in Tanjung Kidurong here.

The two new yards will complement its current fabrication facilities in Shah Alam and Labuan.

On human capital needs, Ahmadi said the company, currently supported by a professional, technical and contract workforce of about 2,600, will continue to grow its human capital portfolio in the core business areas.

At present it is working closely with the Dayak Chamber of Commerce and Industry of Sarawak to assist in youth development, especially in skills training programme. At the same time Petra Energy plans to reinforce its partnerships and collaboration with all oil and gas majors in the industry. — Bernama

Posted by 88Tan > 2019-03-29 10:32 | Report Abuse

later have show

Posted by DollyLucky > 2019-03-29 10:56 | Report Abuse

What show, is it tiger or monkey show?

Posted by 88Tan > 2019-03-29 12:57 | Report Abuse

is lion show

Posted by UnicornP > 2019-03-29 16:55 | Report Abuse

Don't rush. Taikor Dayang is coming.

Posted by enigmatic > 2019-03-30 12:25 | Report Abuse

Loss-making company. Avoid.
Definitely a goreng stock.
1 year later come back and see what happens.

Posted by Iamyou > 2019-03-30 12:32 | Report Abuse

Cannot avoid. I am a trader. I am every where and no where at the same time.

Posted by calvintaneng > 2019-03-30 12:36 | Report Abuse

Posted by newbie5354_ > Mar 28, 2019 10:56 AM | Report Abuse

sifus is Bursa run by crooks? Why Penergy QR EPS 6.51 sen better than Inari, MyEg, GKent, etc share price lap sap?


PENERGY EPS IS EXCELLENT AT 6.51

Mr Market overlooked this hidden gem

So just buy more while cheap!!!

Posted by Goldberg > 2019-03-31 12:06 | Report Abuse

By Jim Hyerczyk - Mar 30, 2019, 7:00 PM CDT

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures surged to a new high for the year this week. The markets are being underpinned by the OPEC-led production cuts and the U.S. sanctions against Iran and Venezuela, which have helped tighten the global supply. However, Friday’s spike to the upside is likely being fueled by increased demand for risky assets and firmer U.S. Treasury yields, which have dampened concerns over a U.S. recession later in the year. The catalyst behind the price action is the optimism created by the resumption of the trade negotiations between the United States and China.

Strong First Quarter Performance

Crude oil is set to post its biggest first quarter gain in 10-years. Additionally, WTI futures are in a position to rise for a fourth straight week and are set for a first quarter gain of 31 percent. Brent futures are set to post a gain of 27 percent for the first quarter.

CNBC says, “For both futures contracts, the first quarter 2019 is the best performing quarter since the second quarter of 2009 when both gained about 40 percent.”

Posted by gogreen > 2019-04-01 15:54 | Report Abuse

Aiyoyo

Posted by gogreen > 2019-04-01 15:56 | Report Abuse

Sorry, Calvin, I run first.

Posted by Sarawakians > 2019-04-02 09:46 | Report Abuse

If Rantau PH hard to win how abt Sarawak state election due 2021?

Posted by gogreen > 2019-04-02 11:10 | Report Abuse

brent oil price start move upward

Posted by PH_better > 2019-04-02 12:01 | Report Abuse

2 by 2021?

Posted by erkongseng > 2019-04-03 06:57 | Report Abuse

Er Kong seng:
多项提案
描述PETRA ENERGY BERHAD（“PEB”或“公司”）
（I）建议更新现有股东授权以回收收益或交易性质的相关方交易;
（II）建议续签本公司购买其自有股份的授权;和
（III）建议采纳本公司的新章程
PEB董事会希望在即将于2019年5月23日召开的本公司第十三届年度股东大会上寻求股东批准以下提案： -

（i）建议续订现有股东对收益或交易性质的经常性关联方交易的授权;

（ii）建议续订本公司购买其本身股份的权力;和

（iii）建议采纳本公司新章程。

（统称为“提案”）

向股东发出的通函/声明载列有关上述建议的详情，将于适当时候寄发予股东。

本公告日期为2019年4月2日。

MULTIPLE PROPOSALS
Description PETRA ENERGY BERHAD ("PEB" OR "THE COMPANY")
(I) PROPOSED RENEWAL OF EXISTING SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE;
(II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES; AND
(III) PROPOSED ADOPTION OF A NEW CONSTITUTION OF THE COMPANY
The Board of Directors of PEB wishes to seek shareholders’ approval for the following Proposals at the forthcoming Thirteenth Annual General Meeting of the Company to be convened on 23 May 2019:-

(i) Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature;

(ii) Proposed Renewal of Authority for the Company to Purchase Its Own Shares; and

(iii) Proposed Adoption of a New Constitution of the Company.

(Collectively referred to as "the Proposals")

A Circular/Statement to Shareholders which sets out details on the abovementioned Proposals will be despatched to the shareholders in due course.

This announcement is dated 2 April 2019.

Penergy 5133目前的股价RM1.03公司建议购买其本身股份:
表示公司仍在物有所值内，並释放对前景持有乐观。继续加倉。

Posted by 8888_ > 2019-04-04 09:29 | Report Abuse

Pan Borneo Highway inject into Penergy?

Posted by UnicornP > 2019-04-04 09:44 | Report Abuse

First time in history outrun taikor Dayang.

Posted by Sarawakians > 2019-04-04 09:46 | Report Abuse

You help me we help you. Can PH make Penergy 2-3 RM by 2021 state election?

Posted by sarawakian63 > 2019-04-04 10:37 | Report Abuse

If Penergy 3.5 like CMSB we sure join PH.

Posted by UnicornP > 2019-04-08 14:41 | Report Abuse

Penergy up your game!

Posted by UnicornP > 2019-04-08 15:52 | Report Abuse

Should not close <1.10

Posted by 8888_ > 2019-04-08 21:53 | Report Abuse

Up bec MA63?

Posted by 8888_ > 2019-04-09 09:05 | Report Abuse

Brent USD 71 good for Penergy.

Posted by 8888_ > 2019-04-09 15:24 | Report Abuse

Brent 2019 high today no shareholders know can believe?

Posted by 8888_ > 2019-04-09 15:26 | Report Abuse

markstrong don't know Pan Borneo highway allow PDP model to continue?

Posted by 8888_ > 2019-04-10 02:57 | Report Abuse

BN better bec RM 2-3 got hope?

Posted by 8888_ > 2019-04-10 02:58 | Report Abuse

Govt fails to get two-thirds Parliament majority to amend Constitution
Read more at https://www.thestar.com.my/news/nation/2019/04/09/constitutional-amendment-fails-in-dewan-rakyat/#6J0A0mFB1Rp6Ymqf.99

Posted by 8888_ > 2019-04-10 02:59 | Report Abuse

Pakatan fails to pass Constitution Amendment Bill 2019
https://www.themalaysianinsight.com/s/146688

Posted by 8888_ > 2019-04-10 09:28 | Report Abuse

Good QR(EPS 6.51 sen) not enough. Promoters here not good unlike eg in G Kent, My Eg etc?

Posted by sarawakian63 > 2019-04-10 11:59 | Report Abuse

1.3 also hard why 3 RM possible under BN? How can agree on MA63?

Posted by Depeche > 2019-04-10 18:25 | Report Abuse

Uptrend should resume

Posted by Undi_PKR > 2019-04-12 10:32 | Report Abuse

Pan Borneo highway delay bec PM not good?

Posted by PH_better > 2019-04-12 16:21 | Report Abuse

1.2-1.3 pls come.

Posted by dompeilee > 2019-04-12 19:59 | Report Abuse

Another dumbo stock recommended by calvintan...you buy, he SELL & pockets yr $$$ LOL

Posted by Depeche > 2019-04-13 04:23 | Report Abuse

Bought at 0.96..holding till next QR to see to hold or sell.

Posted by 88Tan > 2019-04-15 09:40 | Report Abuse

up one day, down few days

Posted by dompeilee > 2019-04-15 10:09 | Report Abuse

Down -4.4% despite strong market.....another of calvintan's big duds lol Notice he doesn't update here anymore coz he already earned your $$$

Posted by dompeilee > 2019-04-15 10:15 | Report Abuse

Beware also of 'investhor' & 'Bursamaster'...they are likely associates of the now disgraced 'bonescythe'

Posted by dompeilee > 2019-04-15 15:28 | Report Abuse

Wah! Cheap sale -7% No one wants ah?

Posted by Depeche > 2019-04-15 15:49 | Report Abuse

Cashed out.