Posted by 5354_ > 2024-01-26 16:49 | Report Abuse

RM 1.5 possible to reach? Penergy is TPM Fadillah Yusof brother counter.

Posted by SincereStock > 2024-01-26 23:06 | Report Abuse

nothing is imposible in bursa, RAPID NTA RM1 and without earning power also can go RM30
real question is what is the possibility? and if it does reach RM1.5 eventually, when will it be?

from what I see now, I can only tell that the possibility is very unlikely before next QR result at the end of february

Posted by SincereStock > 2024-01-31 12:36 | Report Abuse

fall behind DAYANG again lol typical investors more like to chase premium than discounted NTA most of the time lol

Posted by SincereStock > 2 months ago | Report Abuse

sold half of few at 0.985 today morning, oil price prospects become very uncertain now

Posted by SincereStock > 2 months ago | Report Abuse

sold all remaining at 0.975 probably will move on from this counter onwards, better and safer opportunities outside

Posted by Jnlee > 2 months ago | Report Abuse

another 4¢ dividend, hooray 🎊

Posted by BlowWater69 > 2 months ago | Report Abuse

tmr gap up?

Posted by Anti_debt > 2 months ago | Report Abuse

Net cash 62 sen and paying dividend 11 sen nobody want I buy more.

Posted by StartOfTheBull > 2 months ago | Report Abuse

Penergy earning per share:
As at 31 Dec 23: 8.22c
As at 30 SEP 23: 5.14c
As at 30 Jun 23: 5.06c
As at 31 Mar 24: loss 1.84c
We can see clearly that performance of stock is very much depending on any extension of contracts or any upcoming new contracts and how will the company can minimise its operation expenses.
https://www.freemalaysiatoday.com/category/business/2023/05/12/petra-energy-subsidiary-secures-subcontract-for-kasawari-ccs-project-from-mmhe/
An increase share price of 18c in my opinion is too fast for an increase of a mere 8.2c EPS.
Chase at your own risk.

Posted by rlch > 2 months ago | Report Abuse

Gogogo Penergy go.

Posted by rlch > 2 months ago | Report Abuse

PE 10 if fair RM 1.6 can reach?

Posted by rlch > 2 months ago | Report Abuse

If follow Dayang, RM 2 Penergy even possible?

Posted by investorbat > 2 months 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 > 2 months 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 > 2 months ago | Report Abuse

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

Posted by investorbat > 2 months 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_ > 2 months ago | Report Abuse

New high coming soon?

Posted by SincereStock > 2 months 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 > 2 months ago | Report Abuse

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

Posted by I_like_dividend > 2 months ago | Report Abuse

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

Posted by investorbat > 2 months 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 > 1 month 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 > 1 month ago | Report Abuse

take over target also?

Posted by 5354_ > 1 month ago | Report Abuse

Takeover like Icon? If got is bonus.

Posted by 5354_ > 1 month 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 > 1 month ago | Report Abuse

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

Posted by 5354_ > 1 month ago | Report Abuse

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

Posted by Income > 1 month ago | Report Abuse

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

Posted by investorbat > 4 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 > 4 weeks ago | Report Abuse

what is petra supplying keyfield?

Posted by investorbat > 4 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 > 4 weeks ago | Report Abuse

此股.跟不上油氣大市

Posted by Change_ > 3 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_ > 3 weeks ago | Report Abuse

Abah PM 11 only Penergy can limit up?

Posted by Change_ > 3 weeks ago | Report Abuse

Honeymoon period over. PM-X must perform now.

Posted by Change_ > 3 weeks ago | Report Abuse

QR, dividend good why RM 1.3 only?

Posted by investorbat > 3 weeks ago | Report Abuse

Gaining momentum,Rsi rising,macd going to cross

Posted by investorbat > 3 weeks ago | Report Abuse

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

Posted by investorbat > 3 weeks ago | Report Abuse

unloaded a bit for seafood dinner

Posted by Change_ > 3 weeks ago | Report Abuse

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

Posted by Change_ > 3 weeks ago | Report Abuse

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

Posted by Change_ > 3 weeks ago | Report Abuse

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

Posted by Change_ > 3 weeks ago | Report Abuse

GPS support PN, Penergy RM 1.6-1.8 possible?