Posted by paktua73 > 2021-02-11 13:52 | Report Abuse

happy CNY to all....
hope this new year will be great year..

https://youtu.be/vNcC1zoJoXM

gong xi fa cai..


tut tut
gong xi..gong xi..gong xi..fa cai...

Posted by Pandu1 > 2021-02-11 15:47 | Report Abuse

wan. His already out long time ago n joint Yison. Now jumped to Maxis lo.

Posted by nubiskubistrader > 2021-02-11 16:57 | Report Abuse

Its heavy, but if institution keep on buying then the shares float will be lighter.Waiting for big whale to bite a big chunk of the shares.

Posted by strattegist > 2021-02-11 17:54 | Report Abuse

kita makan limau sama kfc... happy happy

Posted by freddiehero > 2021-02-11 18:12 | Report Abuse

gong xi fa cai... bull bull sound..

Posted by cashflow > 2021-02-11 18:13 | Report Abuse

Folks. It’s oil and gas. We all know it’s a cycle. It will come back, and when it does, it goes brutally high.

Posted by Jjkcl > 2021-02-11 18:32 | Report Abuse

Lembu sudah mari ong

Posted by Godofgambler > 2021-02-11 20:12 | Report Abuse

Happy New Year BuLL to my fellow Chinese friends. Wish you all healthy and huat

Posted by Petronas > 2021-02-12 01:07 |

Post removed.Why?

Posted by ruhaizat69 > 2021-02-12 04:24 | Report Abuse

Bye bye sapura just better move to crypto world, see you agaist on 2037

Posted by Petronas > 2021-02-12 09:09 |

Post removed.Why?

Posted by recline123 > 2021-02-12 10:14 | Report Abuse

what will happen on monday.

Posted by ID007 > 2021-02-12 10:33 | Report Abuse

why all tp so less geh?

Posted by sd99 > 2021-02-12 10:37 | Report Abuse

Gong Xi Fa Cai!

Posted by sd99 > 2021-02-12 10:38 | Report Abuse

You wan follow IB tp...if everyone follow IB and if they are correct i believe stock market very easy make money! But trust me..thats not the case at all!!
Good luck!

Posted by recline123 > 2021-02-12 11:16 | Report Abuse

qr profit, got contract, volume high, technical good, what else to to read.

Posted by strattegist > 2021-02-12 11:59 | Report Abuse

makan limau lagiiii...

Posted by Petronas > 2021-02-12 17:45 |

Post removed.Why?

Posted by Petronas > 2021-02-12 18:57 |

Post removed.Why?

Posted by meadow1628 > 2021-02-13 00:56 |

Post removed.Why?

Posted by sd99 > 2021-02-13 01:50 | Report Abuse

Oil price crazy high.. next week will have slight show perhaps!

Posted by ProsperousRealm > 2021-02-13 02:06 | Report Abuse

heng aah

Posted by ProsperousRealm > 2021-02-13 02:06 | Report Abuse

ong aah

Posted by ProsperousRealm > 2021-02-13 02:06 | Report Abuse

huat aah

Posted by ProsperousRealm > 2021-02-13 02:06 | Report Abuse

huat chai

Posted by iJustwantTOinvest > 2021-02-13 03:01 | Report Abuse

Will buy lots of ticket at 0.125..wait for it to fly !!! up up up.. huat huat huat

Posted by Godofgambler > 2021-02-13 03:53 | Report Abuse

Oil price at good figure now..
Expect sapura reach their normal price 0.30 soon

Posted by linheng > 2021-02-13 04:54 | Report Abuse

My Opinion is that oil price will continue to rise. With Biden as President, Shale oil is going to have tougher conditions. So basically depending on Middle East and Russia for their oil.

They will control production to drive prices higher.

As for Sapura Energy, the current concern is the high gearing of 1.1X. In my opinion this is a good time to have debts. The Bankers will roll over the loans at a lower interest rate because Khazanah is the biggest shareholder. Khazanah also got no money to go for a rights issue.

So the best way forward is to get more projects (Esp from Petronas). This will pave the way for a refinancing deal with the Bankers and at a lower Interest rate.

Without all this concerns Sapura will be $1.20 not 13 cents. So worth the bet

Posted by driller71 > 2021-02-13 07:39 | Report Abuse

https://oilprice.com/Energy/Energy-General/Oil-Prices-Soar-Amid-Rumors-Of-New-Commodities-Supercycle.html

Posted by JJchan > 2021-02-13 08:35 | Report Abuse

The beginning of Oil Super Cycle. Once India (3rd largest Oil Importer) finished vaccination in March 2022, Oil will Hit above $100 atleast for 3--4months like previous Oil surged above 100.---We know Sapnrg Hit RM4.00 in Super Cycle. Since i cannot look into Future, i will ask "Latok Gong" soon.

Posted by izoklse > 2021-02-13 08:39 | Report Abuse

based on current trend, oil is heading for 70 USD.

Posted by JJchan > 2021-02-13 08:54 | Report Abuse

What is missing from Bursa is Foreign Funds. They left bcos there is No Petrol Money. How to
drive the economy with "Tin Kosong---talk only "----I think next Super Bull will Hit around Sept.
2021 where massive Oil cycle kicked off And Dow Jones valuations has arrived "No Buy Zone"
Funds got to find Other Market for Returns. US and EU Cash Hand Out has created a "Massive
Liquidity that has No where to Go in Western Market----Must Hit Asia Market for Sure

Posted by JJchan > 2021-02-13 13:32 | Report Abuse

Estimate for every $1 increase in Oil price, Malaysia collects RM300mil----At $100 / barrel, Malaysia can collect RM 48 billion. Put this 48bil into economy, it will has a multiplying effect of 5 Or 240 billion---Every things will fly off the Roof

Posted by Flybythenite > 2021-02-13 15:32 | Report Abuse

62.66 +1.52 +2.49% Now! Yet only go up that little! Some more won contract!

Posted by strattegist > 2021-02-13 15:35 |

Post removed.Why?

Posted by Godofgambler > 2021-02-13 18:05 | Report Abuse

https://www.google.com/amp/s/oilprice.com/Latest-Energy-News/World-News/China-Imports-1112-Million-Bpd-Of-Oil-In-January.amp.html

Posted by Godofgambler > 2021-02-13 18:54 | Report Abuse

Goldman: Upside risk to $65 oil. A broad commodity supercycle is getting underway, creating upside risk to $65 oil, according to Goldman Sachs. “I want to be long oil and hang on for the ride,” Goldman’s Jeff Currie said in an interview with S&P Global Platts on Feb. 5, warning “there is a lot of upside here.” He added: “Is it back to $150/b? I don't know... as it is a macro repricing we are talking about and everything needs to reprice.”

Posted by joe2020 > 2021-02-13 19:43 | Report Abuse

watch out on a new O

Posted by driller71 > 2021-02-13 20:10 | Report Abuse

https://www.barrons.com/articles/70-oil-now-likely-prominent-analyst-says-51613149014?siteid=yhoof2

Posted by joe2020 > 2021-02-13 22:19 | Report Abuse

commodities supercycle begins

Posted by cashflow > 2021-02-13 22:51 | Report Abuse

Sapura kasi sapula

Posted by PunTatBerSiul > 2021-02-13 22:56 |

Post removed.Why?

Posted by izoklse > 2021-02-13 23:07 | Report Abuse

Next week you will see all IB and Investor coming to attack oil & gas counter. The reason they believe price of brent will surpass 70 USD because many oil & gas company not planning to restart drilling or operation anytime soon as they see covid 19 situation not really stable yet even with the introduction of vaccine. However everywhere in the world storage now going into lower level. No Production. No Supply increase. Many rigs still on ideal and not going to restart anyway soon. You are seeing oil price now sky rocketing. Even Many Opec Nation want the price at least at 80 USD for them to survive and cover their budget and stimulus.

Posted by Elitetrader > 2021-02-13 23:10 | Report Abuse

Oil rigs reviving with higher oil price and markets. They need servicing. Pun. You have to wait long long for your 7 sen.

Posted by Elitetrader > 2021-02-13 23:14 | Report Abuse

https://oilprice.com/Energy/Energy-General/US-Rig-Count-Continues-To-Climb-Amid-Soaring-Oil-Prices.html

Posted by izoklse > 2021-02-13 23:24 | Report Abuse

You see even with 12 week increase in rig count also cannot help because they are way below than rig count in march 2020 and short of 2.1 million bpd. Shale producer are very careful now because they are in huge debt and some of them are already option for bankruptcy. The glory day of shale oil is over with the exit of Trump. Biden taking way deferent approach and he is not keen to continue many of trump administration decision especially on oil & gas. That is why many shale producer now on wait and see mood.

Posted by izoklse > 2021-02-13 23:29 | Report Abuse

Oil majors trim shale dreams. ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and BP (NYSE: BP) have collectively shelved as much as 2.4 mb/d in future oil production plans from U.S. shale, according to an analysis from Energy Intelligence. The strategy overhaul means the majors will focus on cash generation rather than production growth. Excess cash flow will go to paying down debt or otherwise be returned to shareholders.

Shell says its production already peaked. Royal Dutch Shell (NYSE: RDS.A) said it would start reducing oil production at a rate of 1 to 2% per year, which would include asset sales. The company said from now on it would allocate 25% of its capex to renewables and marketing, or $5 to $6 billion. Marketing includes retail gasoline stations and lubricants.

Biden admin launches $100 million clean energy funding. The U.S. Department of Energy’s Advanced Research Projects Agency-Energy, or ARPA-E, announced $100 million in funding for low-carbon technologies. ARPA-E funds high-risk high-reward early-stage technologies.

https://oilprice.com/Energy/Energy-General/How-High-Can-Oil-Prices-Go.html

Posted by 5354_ > 2021-02-14 06:21 | Report Abuse

Shahril retire in Mar so can save his big salary? Loan refinancing any news? Postpone to Mar also?

Posted by JoshuaMS7 > 2021-02-14 09:25 | Report Abuse

Shale oil production keeps dropping, bidden green energy policy, USD depreciation, opec cut production etc, seems like another bull cycle for oil gas after 7 years hard time. The spring around the corner..

Posted by strattegist > 2021-02-14 09:51 |

Post removed.Why?