PERDANA PETROLEUM BERHAD

KLSE (MYR): PERDANA (7108)

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Last Price

0.255

Today's Change

0.00 (0.00%)

Day's Change

0.25 - 0.26

Trading Volume

2,785,600


14 people like this.

7,136 comment(s). Last comment by moneycome123456 2 days ago

nicky

3,359 posts

Posted by nicky > 2024-03-18 16:40 | Report Abuse

Just wonder this counter is worth to invest ? under value ?

zhangzuode

254 posts

Posted by zhangzuode > 2024-03-20 16:28 | Report Abuse

Wow, 38M shares traded, hot hot ....

Kasik0rn

156 posts

Posted by Kasik0rn > 2024-03-20 16:30 | Report Abuse

tomorrow 1 round lets go..

Posted by Lee Chee Wee > 2024-03-25 14:25 | Report Abuse

seems like going to breakout. break 0.30 go 0.38.

zhangzuode

254 posts

Posted by zhangzuode > 2024-03-27 10:50 | Report Abuse

ICON being bought over by Executive Chairman of YINSON. And then there is the IPO of Keyfield International, an OSV operator.

There appears to be much interest in OSV operators all of a sudden. Indeed OSVs is in tight supply and DCR (daily charter rates) is increasing since 2022. Perdana, having the cleanest balance sheet, should benefit and perhaps will be buying new vessels, especially AHTS.

Posted by Jonathan Keung > 2024-04-18 15:17 | Report Abuse

Still waiting for the breakout sign. No indicator on the metastock chart

NRahmat

285 posts

Posted by NRahmat > 2024-04-19 15:17 | Report Abuse

Oil and Gas taking advantage of the war

Plantermen

2,257 posts

Posted by Plantermen > 2024-04-20 08:55 | Report Abuse

Yes. Economic turbulence and uncertainties. Oil, physical gold and usd dollar is perceived as safe haven. People will minimize their spending on big ticket items. Look at the US data. Tesla car sales drop, apple phone slows. New housing sales took a dip

Posted by Jonathan Keung > 2024-04-25 13:01 | Report Abuse

Perdana not moving. Trading sideway

jvw1520

107 posts

Posted by jvw1520 > 2024-04-25 18:05 | Report Abuse

Dayang… 📈… Naim….📈
Perdana… when …? Any comments…??

Jnlee

305 posts

Posted by Jnlee > 2024-04-25 21:15 | Report Abuse

coming...diam2 collect

Plantermen

2,257 posts

Posted by Plantermen > 2024-04-26 13:24 | Report Abuse

Sleeping...... Please wake up

Posted by jacintateh > 2024-05-14 10:08 | Report Abuse

scarry up down up down one day after the next

charlie chia

2,151 posts

Posted by charlie chia > 2024-05-16 18:14 | Report Abuse

Agm on 21/5
Anybody here attending their AGM before
Do they give E Wallet or Gifts

azfar8

976 posts

Posted by azfar8 > 2024-05-21 17:38 | Report Abuse

missed the AGM

NRahmat

285 posts

Posted by NRahmat > 2024-05-21 19:53 | Report Abuse

Bleeding today

charlie chia

2,151 posts

Posted by charlie chia > 2024-05-22 11:52 | Report Abuse

Improve quarter result
Thursday shd bounce back to 38 Cts then the break resistance

azfar8

976 posts

Posted by azfar8 > 2024-05-23 10:21 | Report Abuse

Resistance at 0.66?

NRahmat

285 posts

Posted by NRahmat > 2024-05-23 12:20 | Report Abuse

R1 0.430

jvw1520

107 posts

Posted by jvw1520 > 2024-06-07 17:32 | Report Abuse

Hi guys …. A bit curious why it keep going down whereby Dayang n Naim are on the uptrend? Anyone can give an insight as to why such trend for Perdana????

Chung

593 posts

Posted by Chung > 2024-06-20 17:47 | Report Abuse

黎巴嫩準准备和以色列开战。石油价格可能上涨只要Dayang股票漲Perdana的股票也跟者股涨.

Mie7677

80 posts

Posted by Mie7677 > 2024-06-26 17:04 | Report Abuse

Comeon...

zhangzuode

254 posts

Posted by zhangzuode > 2024-06-27 08:48 | Report Abuse

Major shareholder bought 1M shares on 24 June 2024.

Interesting. Something is brewing in Perdana. The (high) daily charter rates is really bringing in lots of cash (profit) to this long neglected vessels owners ...

Posted by leeabraham > 2024-06-27 14:27 | Report Abuse

yes, seems like insider themselves know and buy before the push

Mie7677

80 posts

Posted by Mie7677 > 2024-06-28 15:39 | Report Abuse

Go go go... Huhu..

Bursino

320 posts

Posted by Bursino > 2024-07-09 16:37 | Report Abuse

Last of the penny stocks in raging Horbill-land.

Mie7677

80 posts

Posted by Mie7677 > 2024-07-10 13:01 | Report Abuse

Everyday uptrend. Huhu..

Posted by damansaraeagle > 2024-07-22 11:37 | Report Abuse

Yes , going up and up and up again

Posted by damansaraeagle > 2024-07-29 12:59 | Report Abuse

going for a lame closing today again and again.

Posted by Seindah Suria Shahara > 2024-07-30 18:15 | Report Abuse

its alright, slowly but surely.
a bit laggard
behind dayang right?

UnicornP

2,866 posts

Posted by UnicornP > 2024-08-13 16:58 | Report Abuse

Can I short Perdana?

Posted by ProtocolSix > 2024-08-19 23:14 | Report Abuse

Profitable QR 19/08/2024.
Let's see how things go coming morning.

Posted by dennytan1987 > 2024-08-20 12:42 | Report Abuse

Good QR but price dropping, what’s going on?

Ninja _07

554 posts

Posted by Ninja _07 > 2024-08-20 15:51 | Report Abuse

Global oil price drop

Ninja _07

554 posts

Posted by Ninja _07 > 2024-08-20 15:52 | Report Abuse

QR good not necessarily price must go up

jvw1520

107 posts

Posted by jvw1520 > 2024-08-23 12:53 | Report Abuse

Any idea of the downturn in price despite good profits?

Posted by spsampah > 2024-08-23 12:54 | Report Abuse

H! A! B! I! S! HABIS!

bullrun168

493 posts

Posted by bullrun168 > 2024-10-04 07:25 | Report Abuse

Oil jumps over $3 a barrel as Middle East conflict stokes supply worry
By Georgina Mccartney
Reuter

HOUSTON, Oct 3 (Reuters) - Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows.
Brent crude futures settled up $3.72, or 5.03%, at $77.62 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled up $3.61, or 5.15%, to $73.71.
Brent futures reached an intraday high of $77.89 per barrel, while WTI futures peaked at $73.97 per barrel, both hitting one-month highs.

pinetree88

335 posts

Posted by pinetree88 > 2024-10-04 15:49 | Report Abuse

Got in 0.295 today. Seems decent price since yr high is >0.50. Israel may strike Iran anytime this few days.

James_Bond

3,479 posts

Posted by James_Bond > 2024-10-04 16:05 | Report Abuse

FiFO! Thanks Perdana!

mf

29,531 posts

Posted by mf > 2024-10-08 05:20 | Report Abuse

U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Published Mon, Oct 7 20247:20 AM EDTUpdated 2 Hours Ago

bullrun168

493 posts

Posted by bullrun168 > 2024-10-08 08:13 | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !

Superb99

6,611 posts

Posted by Superb99 > 2 months ago | Report Abuse

This lousy stock continue with its holland trip

xenolover

416 posts

Posted by xenolover > 2 months ago | Report Abuse

0.28 is reverse point.

Superb99

6,611 posts

Posted by Superb99 > 1 month ago | Report Abuse

Ya reverse to longkang

liferosak

25 posts

Posted by liferosak > 1 month ago | Report Abuse

hold or what....

Superb99

6,611 posts

Posted by Superb99 > 1 month ago | Report Abuse

0.255 only, another con stock in making

azfar8

976 posts

Posted by azfar8 > 4 weeks ago | Report Abuse

0.28 reverse? No
0.25 reverse? No
Next expected?

Posted by bargainhunters > 3 days ago | Report Abuse

dayang up .. predana is cheaper to buy and hold

Posted by moneycome123456 > 2 days ago | Report Abuse

Maybank IB Research said it believes that the midstream segment could be more resilient and may not be affected should there be lower capex spending by PETRONAS.

PETALING JAYA: The outlook will be challenging for selected domestic oil and gas companies, due to implications from a possible cut in capital expenditure (capex) by national oil firm Petroliam Nasional Bhd (PETRONAS) and lower oil prices.

According to Maybank Investment Bank Research (Maybank IB Research), Brent crude oil prices are likely to be lower at an average of US$70 per barrel this year versus last year’s US$80 per barrel while the possibility of lower Petronas capex may impact domestic-centric upstream oil and gas services and equipment providers.

This is following the official appointment of Petroleum Sarawak Bhd as the sole gas aggregator for Sarawak with effect from Feb 1, 2024, marking a significant shift in the control of Sarawak’s natural gas resources away from PETRONAS.

Maybank IB Research said the transition of gas trading responsibilities could impact PETRONAS’ revenue stream and free cash flows.

However, the research house was unable to quantify the impact.

“We believe that a PETRONAS capex deferral is a possibility as a significant portion of its trading revenues have likely been lost. Consequently, further exploration, production work and development of projects may be deferred until both parties mutually achieve a resolution,” it added.

The research house said it believes, under a PETRONAS-capex deferral scenario, companies likely to be impacted included Velesto Energy Bhd, Dayang Enterprise Holdings Bhd, Perdana Petroleum Bhd and Icon Offshore Bhd.

Other companies that will possibly experience lower revenues include Sealink International Bhd, Marine & General Bhd, Carimin Petroleum Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd and Petra Energy Bhd.

“While most of these names are showing strong earnings momentum now, potentially lower PETRONAS spending could lead to reduced activity, demand and service-provision rates, resulting in slower growth for the year,” the research house said.

However, it added that it believes that the midstream segment could be more resilient and may not be affected should there be lower capex spending by PETRONAS.

“About 60% of Dialog Group Bhd’s earnings come from its long-term independent and dedicated “take-or-pay” tank terminal assets, which are in the midstream segment in the oil and gas value chain.

“We still like Dialog as the group may benefit from ChemOne’s development of the Pengerang Energy Complex in Johor; and PETRONAS’ RM6bil development of a biorefinery with Eni SpA of Italy and Euglena Co Ltd of Japan with the need for tank terminals for long term storage of refined and crude products,” it said.

Given the high possibility of a dip in PETRONAS capex this year, the research house said there would be a de-rating for the oil and gas sector and lowered the target price-earnings ratio multiple to 10 times.

“For Malaysia’s oil and gas sector, we remain positive but prefer defensive midstream space and floating production system names, with Dialog and Bumi Armada Bhd as top picks,” it added.

However, it maintained a negative outlook for the petrochemicals segment on expectations of polymer average selling prices remaining weak in 2025, as the start of new regional capacities looks set to flood supply.

The research house has “sell” calls on Petronas Chemicals Group Bhd and Lotte Chemical Titan Holding Bhd.

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