Must have confidence in this counter. You will be rewarded handsomely. If you have no confidence please sell it on Monday and don't make any negative noise here. Empty tin make the most noise.
Now $11/mmBtu or $64/bbl for natural gas. SAP's internal target is $35/bbl. During pandemic onset, it was $2/mmBtu or $12/bbl. The price is back to pre-Covid 19 level. With current natural gas production more than double of 2019, you decide to buy or sell or bad-mouth the counter. Once re-financing is concluded very soon, expect a TP of 0.7 or even higher.
Malaysia will play more active role in gas industry as announced in Malaysia’s Natural Gas Roadmap (NGR) which is under National Energy Policy (NEP). You can google out some development announced by Sapura on gas business. Then you can understand why ex Petronas join Sapura.
SapuraOMV’s production is scheduled to increase to more than 30 000 boe/d in 2020, which will be more than double the production rate compared to 2019.
Anyone following closely the Sapura financial performance having idea what could be the target price, if the share price eventually rebound, after the financial debt restructuring? The share price declined significantly in recent months 2018-2019...Many got stuck at much higher buying price, and are wondering if the share rebound could recoup the losses or not?
Joe are you Joe Vtec on KLSE Screener haha I am really hope O & G trend Boom Soon in the near future Now Just Slow slow up only O yeah Let my Dream Come True
Once Tun M becomes PM again this evening. Terbang wei this SAPNRG. Noticed a lot of sellers pull out. They know something we dont. A lot of accumulation last few days. Jerung pelan pelan loading.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Nikmon
3,010 posts
Posted by Nikmon > 2020-12-11 21:12 | Report Abuse
..kfc group....delaying q result...are you sure
Posted by smartly > Dec 11, 2020 8:24 PM | Report Abuse
delaying q result ? must be very bad result..