Folks. Like I have said. There will be one day, when Sapura charges above 20 cents, that’s time you will think , damn, I missed the train. Remember, it won’t come back down to below 20 cents afterwards if Oil and Gas prices stabilises.
All oil stks are going back their before covid price and trading higher than previous price because oil price is expecting going forward above 70 usd and even 100 usd!!
Petrol Car wonT be Dead for another 50yrs. Porsche is producing synthetics fuel (methanol -- Hydrogen mixed with Petrol ) They called e-Fuel --85% cleaner than petrol
LONDON (Reuters) - Royal Dutch Shell (LON:RDSa)'s 2020 earnings from trading crude oil and refined products doubled from the previous year to $2.6 billion, providing a boost to offset a sharp drop in fuel demand due to the coronavirus pandemic.
Revision. Please read below link of 2018. PNB will make Sapura Energy profitable again because it will save Maybank also. They projected Sapura will be black again in 2019. Now 2021. The plan should be executed now.
Joe 2020 yes even with the 10 Billion loan restructuring exercise and the rights issue at 30 cents. This counter { sapnrg } have slide to as low as 8 sen and now recover to 16 cents. But their share based has ballooned to 16+ billion shares in circulation. Any more private placement or restricted rights offer would further ballin up their shares to 20 billion plus. A business cannot operate with such a big loan borrowings. Any interest rates adjustment { increase } would damper whatever recovering plans. Just my personal view
Simple, with the success of the debt restructure to 7 years, sentiment is recovering for oil and sector, boots the share price to RM 3 by next year, consolidate the share price, than PP will easily get 5 billion ti repay 50% of the loan, now oil price is ben higher than pre pandemic along balloon high price of gas price due to green policy and extreme cold, as one of the biggest oil service company in world and support from domestic PNB and Malaysia NGR road map..looking forward for the next 6 months haha
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....
cashflow
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Posted by cashflow > 2021-03-11 22:50 | Report Abuse
Folks. Like I have said. There will be one day, when Sapura charges above 20 cents, that’s time you will think , damn, I missed the train. Remember, it won’t come back down to below 20 cents afterwards if Oil and Gas prices stabilises.