HANDAL ENERGY BERHAD

KLSE (MYR): HANDAL (7253)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.08 - 0.08

Trading Volume

300


4 people like this.

1,880 comment(s). Last comment by Mar2083 1 week ago

Posted by massivekahuna > 2023-12-07 14:14 | Report Abuse

jangan mimpi lah bro!
apa resistant2 ni? contract tarak, macam mana nak dapat duit? Kalau nak main2 dgn duit angin boleh lah!

duit dah kena sanglop oleh org2 berbuntot lebar tu 😁

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2023-12-10 14:29 | Report Abuse

When i come ong will mari.now is 12 cents.very cheap.takeover also cheap.
10/12/23 2.30pm.
Posted by massivekahuna > 3 days ago | Report Abuse

jangan mimpi lah bro!
apa resistant2 ni? contract tarak, macam mana nak dapat duit? Kalau nak main2 dgn duit angin boleh lah!

duit dah kena sanglop oleh org2 berbuntot lebar tu 😁

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2023-12-12 09:25 | Report Abuse

Wah,really up to 14 cents.after i talk.the malay guy doubt.ong go mari.please read.
12/12/23 9.25am
When i come ong will mari.now is 12 cents.very cheap.takeover also cheap.
10/12/23 2.30pm.
Posted by massivekahuna > 3 days ago | Report Abuse

jangan mimpi lah bro!
apa resistant2 ni? contract tarak, macam mana nak dapat duit? Kalau nak main2 dgn duit angin boleh lah!

duit dah kena sanglop oleh org2 berbuntot lebar tu 😁

Posted by massivekahuna > 2023-12-12 10:40 | Report Abuse

bak kata pepatah, tangan kanan jangan percaya akan tangan kiri

ttpi, hari ni, cerite2 yg boleh di termenungkan ialah, kes beli dgn tangan kanan, jual dgn tangan kiri ni sudah jadi lumrah hidup buntot lebar. modus operandi mcm deepetro dgn seaoffshore lagi ni. tengok sapa2 yg terjerat dgn mainan busok dan berbau buntot besar and lebar.

Posted by massivekahuna > 2023-12-12 15:43 | Report Abuse

tadi cerita2 dgn otai2 finance kat wassup group.

mengikut cerita dongeng, kalau jumlah transaksi sampai 74juta dalam satu hari, sepatutnya harga share sudah melantung 5 kali ganda.

ttpi, kalau duit poket kiri masuk ke poket kanan, atau masuk lobang buntot besar, harga share memang sama saja, kecuali kalau ada "smartinvestor" yg terjerat :) lepas beli tak boleh sudah sebab buntot lebar kentut and duit masuk poket underware

Zrenxy

576 posts

Posted by Zrenxy > 2023-12-12 20:38 | Report Abuse

Get ready for handal, share consolidation soon ...soon fly like airasia X . 😄

N4rc0t

60 posts

Posted by N4rc0t > 2023-12-14 17:14 | Report Abuse

I wish can fly like aax

mystery

489 posts

Posted by mystery > 2023-12-15 16:26 | Report Abuse

landing dy landing dy lol

Dehcomic01

297 posts

Posted by Dehcomic01 > 2023-12-16 09:41 | Report Abuse

The challenge of using relative valuation is choosing the peers. Many compare them with companies in the same sector. But companies have different strategies and different business models even if they are in the same sector. Is there an alternative way to choose?
Damodaran opined that it may be better to compare with companies with same cash flow patterns and risk profile rather than just those in the same sector. This is because these factors determine the value of a company.
One way to put Damodaran idea into practice is to check for the correlations. If say the revenue is not correlated, you should question why select them as peers.
Take the example of Handal. Over the past 13 years, there is a 0.71 correlation between Handal revenue that the median revenue of the Bursa oil & gas companies. In this case comparing its PE or PV with the sector may make sense.
Except that in Handal case, I would not bother as it was only profitable half of the time over the past decade. Its average ROE was a negative 15%. Why spent time analysing Handal when there are better performing Bursa oil & gas companies? https://focusmalaysia.my/the-benefits-of-high-oil-prices-have-not-trickled-down-to-bursas-og-services-sector/

Mar2083

718 posts

Posted by Mar2083 > 2023-12-18 14:08 | Report Abuse

Q buy in at 8.5sen
Hope can happen by this week

Xienry

43 posts

Posted by Xienry > 2023-12-19 15:49 | Report Abuse

my hope in this company is long gone

Raiz368

1,556 posts

Posted by Raiz368 > 2023-12-21 15:23 | Report Abuse

Lowest will go around 9 cent only....get ready to enter at floor price

Mar2083

718 posts

Posted by Mar2083 > 2023-12-22 06:48 | Report Abuse

Can q buy in at 9sen today

Raiz368

1,556 posts

Posted by Raiz368 > 2023-12-22 11:23 | Report Abuse

Moving up already...good news to be announce soon

Raiz368

1,556 posts

Posted by Raiz368 > 2023-12-22 11:25 | Report Abuse

Luckly yesterday manage to get buy 0.095 cent

tklim

3,131 posts

Posted by tklim > 2023-12-25 18:34 | Report Abuse

Support: 0.09/0.08 | Resistance: 0.11/0.13

bearish

tklim

3,131 posts

Posted by tklim > 2023-12-25 18:37 | Report Abuse

Support: 0.09/0.08 | Resistance: 0.11/0.13

BEARISH

NO HURRY

Raiz368

1,556 posts

Posted by Raiz368 > 2023-12-26 11:00 | Report Abuse

1st resistance breakout...strong momentum to next resistance

Mar2083

718 posts

Posted by Mar2083 > 2023-12-26 17:50 | Report Abuse

Potentially may hit 13sen tomorrow
Huat ar

newbie9893

1,881 posts

Posted by newbie9893 > 2023-12-29 11:42 | Report Abuse

watch out this counter, will shoot up crazy very soon...

Posted by Dividend4You > 2023-12-29 15:46 | Report Abuse

why? goreng up soon?

Raiz368

1,556 posts

Posted by Raiz368 > 2024-01-09 16:17 | Report Abuse

New warrant to be out by 1st qtr 2024....grab the mother share now before ex date.

Raiz368

1,556 posts

Posted by Raiz368 > 2024-01-09 16:20 | Report Abuse

Handal Energy plans capital reduction, private placement and bonus warrants
By Anis Hazim / theedgemalaysia.com
15 Sep 2023, 11:02 pm

KUALA LUMPUR (Sept 15): Offshore crane services provider Handal Energy Bhd is planning to undertake a RM90 million capital reduction to eliminate its accumulated losses, followed by a private placement involving up to 40% of its issued shares to raise RM9.7 million to repay its borrowings and trade payables, and an issuance of bonus warrants.

The group’s accumulated losses as at June 30, 2023 stood at RM102.6 million at the company level, and RM68.1 million at the group level, which it plans to reduce to a loss of RM13.1 million (company level), and a retained profit of RM21.4 million (group level), following the capital reduction.

Its proposed placement, which could involve the issuance of up to 266.43 million shares to third-party investors to be identified, would be priced at a discount of at most 20% to the company's five-day volume weighted average market price of its shares immediately before the price fixing date.

It expects to fix the issue price of the placement shares, which could be issued by tranches, separately. Based on its illustrative issue price of 9.13 sen per placement share, Handal could raise as much as RM9.7 million from the exercise, of which RM9 million would be used to repay its trade payables and bank borrowings (RM4.5 million each).

The warrant issuance, meanwhile, will be undertaken after the private placement on the basis of one warrant for every two existing shares held on an entitlement date to be announced later. It expects to be issuing up to 186.7 million warrants. If fully exercised, the warrants could raise another RM22.41 million for the company, which is to be used as working capital.

The proposals, subject to approvals from Bursa Securities and Handal shareholders, are expected to be completed by the first quarter of 2024.

Shares in Handal settled half sen or 4.35% lower at 11 sen on Friday, with a market capitalisation of RM29.34 million. The counter has fallen 26.67% year-to-date.

Posted by Lee Ying Yee > 2024-01-09 17:16 | Report Abuse

pp will kill u ??? last year same/

Raiz368

1,556 posts

Posted by Raiz368 > 2024-01-10 00:00 | Report Abuse

Tomorrow will start move up guys...don't miss the flight to fly high..

Mar2083

718 posts

Posted by Mar2083 > 2024-01-19 07:23 | Report Abuse

Potentially may up trend today
Huat ar

Mar2083

718 posts

Posted by Mar2083 > 2 months ago | Report Abuse

Potentially may test 15sen by this week
Huat ar

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

Break the line. Time to goooo

fl888

7,498 posts

Posted by fl888 > 2 months ago | Report Abuse

Handal So small share capital only 336 million…..NTA 17cts….

MACD

109 posts

Posted by MACD > 2 months ago | Report Abuse

Big vol but price not really moving

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

don worry. just a pullback. whoever in just wait till cny. xD

Raiz368

1,556 posts

Posted by Raiz368 > 2 months ago | Report Abuse

Is time to collect and hold until CNY...potential will get 50% return.

Bull13

1,029 posts

Posted by Bull13 > 2 months ago | Report Abuse

FREE BONUS WARRANTS
1 warrant free for every 2 mother shares held. CNY angpow!!💰💰💰

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

Be patientsssss

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

thank me later ^^

Posted by massivekahuna > 2 months ago | Report Abuse

beruk buntot lebar ni tak habis habis dengan kelentong2

KUALA LUMPUR (Jan 29): Pelaburan MARA Bhd has denied claims of receiving any proposals from Handal Energy Bhd concerning an investment in redeemable non-convertible preference shares (RNCPS).

In a statement, Pelaburan MARA emphasised that no evaluation or confirmation regarding the RNCPS investment has been conducted.

"Pelaburan MARA will conduct rigorous evaluation and due diligence exercises pursuant to a formal proposal being made, in accordance with the procedures and to meet the regulatory requirements before making any investment decision," it added.

Pelaburan MARA said it would request Handal Energy to clarify the matter with all relevant parties to avoid any misunderstandings.

"Pelaburan MARA takes its reputation and the accuracy of reporting on its services seriously. We pledge to keep our stakeholders apprised of any significant developments in a clear and transparent manner," the statement read.

On Jan 18, Handal Energy, in a stock exchange filing, announced that its wholly owned unit Handal Floaters Sdn Bhd (HLFSB) had entered into a joint venture agreement with Hadid Oil and Gas LLP (HAG), establishing a limited liability partnership (LLP) for shared involvement in the early oil production field development programme, particularly Phase 1 of the Nipineftegas field development plan.

The agreement is subject to numerous conditions precedent, including the execution of an RNCPS agreement between HFLSB and Pelaburan MARA, with Pelaburan MARA subscribing to the RNCPS issued by HFLSB at an issue price to be determined later based on an issue size of US$5 million (RM23.64 million).

It also stated that the parties commit to obtaining necessary approvals and consent within three months, with the option to mutually extend for an additional three months if needed. If approvals are not secured within the stipulated time frame or any agreed extension, the agreement shall ipso facto cease, and neither party is entitled to claim costs, damages, compensation, or other claims, except for any antecedent breach.

Posted by Justwantmoney2 > 2 months ago | Report Abuse

Hopeless.

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

MARA wont effect that much. No problem

Posted by massivekahuna > 2 months ago | Report Abuse

kami duduk2 cerita tadi. terpikiaq juge lah.
apasal handal engineering paid up share capital = 42 juta ringgit
company mamat DS agri, paid up capital = 5 ribu ringgit beb!!

lepas tu, nak bagi share JV, handal dapat 51% dan DS agro dapat 49%


yang pelik, handal kena bayar 4.5 juta utk developmt cost, ttpi DS Agri bayar kosong.

Baguihhh jua biznes mcm ni. main atas angin, takya bayar satu sen, ttpi dapat 49%. nampak nye, lintah darat ni tak habis2 nak lanyak handal ni. memang handal!!🤣

cerita nak con-artist pakai nama mara tu dah diam2. kantoi, kan? 😁

Bull13

1,029 posts

Posted by Bull13 > 2 months ago | Report Abuse

War in middle east. O & G will shoot up!
Handal free warrants!!
Every 2 shares 1 free warrant .

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

Woot

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

....

TCH1186

907 posts

Posted by TCH1186 > 1 month ago | Report Abuse

Ready next week

TCH1186

907 posts

Posted by TCH1186 > 1 month ago | Report Abuse

Stop play liao i know u want shoot up. Just press the button.

bobettose

30 posts

Posted by bobettose > 1 month ago | Report Abuse

button next month la

Posted by Dividend4You > 1 month ago | Report Abuse

tak boleh main!

fl888

7,498 posts

Posted by fl888 > 2 weeks ago | Report Abuse

Next week , break 10cts easily with free 1for2 warrrant exdate 15-4-24

bjtoto

818 posts

Posted by bjtoto > 1 week ago | Report Abuse

Wang mana pi

bjtoto

818 posts

Posted by bjtoto > 1 week ago | Report Abuse

Wang ikut sini

Mar2083

718 posts

Posted by Mar2083 > 1 week ago | Report Abuse

Hope can test 15sen by next week

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