SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.03

Today's Change

-0.005 (14.29%)

Day's Change

0.03 - 0.035

Trading Volume

3,183,600


80 people like this.

147,482 comment(s). Last comment by TalkNumberOne 1 hour ago

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-04-19 16:47 | Report Abuse

PN same like BN? Only PKR govn KFC sure?

nuke

349 posts

Posted by nuke > 2021-04-19 21:33 | Report Abuse

In 2017 this stock crashed. Then came the painful RI and share consolidation exercise of 10:1.
Good company?? Nahhh...no,thank you. Not for me. Good for contra players, though.

Davyau18

194 posts

Posted by Davyau18 > 2021-04-20 00:01 | Report Abuse

nuke....you are damn right....but contra people also kena goreng

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-20 08:28 | Report Abuse

oil price stand above 60 usd for 2 month times, should generate a lot cash for sapura! the share price is still low due to covid case in malaysia, else at least 0.160 ad!

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-20 08:30 | Report Abuse

Hope Coming QR is positive.....

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-20 08:41 | Report Abuse

Hi Joshua, how oil price affect sapura earning? My understanding is sapura earning is project base (build and deliver). Can you give me some guide? TQ.

koyokui

1,943 posts

Posted by koyokui > 2021-04-20 09:55 | Report Abuse

Buy oil is heading 6 years high

Posted by Huilipkooi > 2021-04-20 12:38 | Report Abuse

Uptrending?

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-04-20 14:41 | Report Abuse

Steady SAPNRG...

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-04-20 17:04 | Report Abuse

Steady but still no kfc. Why still dont want to show QR . Why so scare lah. Anyway byvthis month alao have to show right. Why take so long to decide how much the impairment amount kah. Correct?

strattegist

23,459 posts

Posted by strattegist > 2021-04-20 17:07 |

Post removed.Why?

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-21 04:58 | Report Abuse

Qr must wait for the right time to minimize stocks sell off

Invesbler

41 posts

Posted by Invesbler > 2021-04-21 08:12 | Report Abuse

My guess for the delay in QR, this is the first profitable quarter after rights and preference share issue. They need to figure out or negotiate with PNB about dividend and also how much dividend to pay to preference shares. But just my guess.

Invesbler

41 posts

Posted by Invesbler > 2021-04-21 08:20 | Report Abuse

RISK8888 here is my view

The impact of oil price can be split into short term and long term

Short term- Sapura through SapuraOMV actually produces oil and gas, but mostly gas. Gas prices ussually moves in tandem with oil price. so there is a direct correlation with oil price and profit when oil prices goes up.

Long term - this one is indirect and more tricky. If oil price is consistently high and expected to stay at that level, than major oil companies will go ahead with their capital spending to increase oil production ( it also means they have more profit to cover these spending). This will translate to more projects such as drilling and building up rigs and pipelines. Sapura will then bid for these projects and have a chance of winning them. With more projects in the market will also mean the rental or building cost will be higher so Sapura can make more profit .


RISK8888 Hi Joshua, how oil price affect sapura
earning? My understanding is sapura earning is project base (build and deliver). Can you give me some guide? TQ.
20/04/2021 8:41 AM

cashflow

3,642 posts

Posted by cashflow > 2021-04-21 09:18 | Report Abuse

If Sapura can pay dividend to shareholders. It will attract more people to jump in for long term investment. Although the Company in debt, they can take provisions for dividend to secure holding.

drkelvin20

694 posts

Posted by drkelvin20 > 2021-04-21 09:37 | Report Abuse

Hi All, thansk for all sharing on prospect of this oil counter, i think, even without dividend, or so so upcoming QR, the Sapura share price won't crash....coz sentiment is there to hold up the share price...and the fact big fund still sitting on it...

just my thoughts.

casion911

81 posts

Posted by casion911 > 2021-04-21 10:47 | Report Abuse

looks like it is the right time to buy more..

https://www.thestar.com.my/business/business-news/2021/04/21/global-oil-demand-seen-on-uptrend

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-21 11:14 | Report Abuse

Invesbler, thanks for giving guidance.

as mentioned,

Short term- Sapura through SapuraOMV actually produces oil and gas, but mostly gas. Gas prices ussually moves in tandem with oil price. so there is a direct correlation with oil price and profit when oil prices goes up.

My question, does sapura earn $$$ for every oil & gas extracted from the ground by selling them? Or they just build the tower for extraction and only earn from building the tower?

looking forward for your further guidance.
Thanks.

Alistino G

514 posts

Posted by Alistino G > 2021-04-21 12:36 | Report Abuse

Queued another 300 lots at 0.135 since 2 weeks ago still not done.

Alistino G

514 posts

Posted by Alistino G > 2021-04-21 15:02 | Report Abuse

I think I may get it done today.

koyokui

1,943 posts

Posted by koyokui > 2021-04-21 15:12 | Report Abuse

Keep buying the time will come. Have to be patient

Alistino G

514 posts

Posted by Alistino G > 2021-04-21 17:00 | Report Abuse

I didn't get it.....

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-21 20:14 | Report Abuse

Tomorrow sapura to the moon, jerun news just explode

gbt_9428

156 posts

Posted by gbt_9428 > 2021-04-21 20:44 | Report Abuse

Walaoeh, Oil price continue to drop down to Bottomless pit!‬
‪Brent now at ‬$65.23 ‪-1.34 -2.01%‬
Can buy cheaper price
tomorrow drop to 0.13, May collect cheaper price

Huat ah, Heng ah, Ong ah !

drkelvin20

694 posts

Posted by drkelvin20 > 2021-04-21 21:26 | Report Abuse

its ok lah, as long as oil price stay around 60 USD, its should be sustainable for oil industry. The 60USA if stable, sustainable, it is good for industrial revitalization and recovery, and it can stop Shale oil from making an immediate come back.

That is good enough for now....

Its expected that new Covid wave will slow down the recovery, but recovery is imminent. and there are many countries which are gearing up for more oil exploration and building more oil rigs, many countries are starting new O&G projects to prepare for Oil price boom in 6-12 months time due to full recovery as soon as COvid is fading, so all these are good for upstream like Sapura, which is why we are seeing more projects being announced...

Invesbler

41 posts

Posted by Invesbler > 2021-04-22 02:16 | Report Abuse

RISK8888

To answer:
My question, does sapura earn $$$ for every oil & gas extracted from the ground by selling them? Or they just build the tower for extraction and only earn from building the tower?

Yes they do, through Sapura OMV. How it works, Sapura OMV ussually share the rig with different parties and they have a selling agreement with Petronas. So every gas extracted is sold to petronas .

Here is a good read
https://themalaysianreserve.com/2019/09/10/sapuraomv-gas-sales-agreement-with-petronas-to-improve-sapura-energys-cashflow/

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-22 08:46 | Report Abuse

Wa!!! Tqvm, means this id a gold mine to me. Long run sure win liao!!! Really good information to me. TQVM!!!!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-22 08:52 | Report Abuse

buy buy buy!

Alistino G

514 posts

Posted by Alistino G > 2021-04-22 10:55 | Report Abuse

I am still waiting for my buying queue to be done. It has been nearly 3 weeks...

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-22 12:20 | Report Abuse

Today possible can match at 0.135!!

JT1969

377 posts

Posted by JT1969 > 2021-04-22 15:52 | Report Abuse

Price getting worse ..

JT1969

377 posts

Posted by JT1969 > 2021-04-22 15:52 | Report Abuse

Support seems to be gone

Alistino G

514 posts

Posted by Alistino G > 2021-04-22 15:52 | Report Abuse

Done, at last...

JT1969

377 posts

Posted by JT1969 > 2021-04-22 15:56 | Report Abuse

A big disappointment- Oil Up - Price still down - Bursa Index Up - Price still down..

hisaishi

132 posts

Posted by hisaishi > 2021-04-22 16:08 | Report Abuse

its time

xjie96

7 posts

Posted by xjie96 > 2021-04-22 16:21 | Report Abuse

First bullet matched

Alistino G

514 posts

Posted by Alistino G > 2021-04-22 16:26 | Report Abuse

Bought another 100 lots.

MNAA77

10 posts

Posted by MNAA77 > 2021-04-22 16:27 | Report Abuse

yess time to buy more

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-22 16:30 | Report Abuse

Yes. Becos covid getting serious in malaysia! All oil or recovery stk gg..

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-22 16:30 | Report Abuse

But good to collect when it drop more!

strattegist

23,459 posts

Posted by strattegist > 2021-04-22 17:09 |

Post removed.Why?

xjie96

7 posts

Posted by xjie96 > 2021-04-22 18:45 | Report Abuse

Now wait 120~

gbt_9428

156 posts

Posted by gbt_9428 > 2021-04-22 21:23 | Report Abuse

today a lot of people collect at 0.135
been queue so long , tomorrow Friday, last day trading, price may close 0.13 :)
waiting collect 0.13 soon :) :)

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-22 23:23 | Report Abuse

Wa, down to 0.13. Not a good sign. Looks like the QR is terrible bad. Must get ready to grab low when QR is out.

Posted by bullmarket1628 > 2021-04-23 08:28 | Report Abuse

Wow, Oil price continue to rise !
Brent closed at $6‪5.58 +0.50 +0.77%‬

Huat ah, Heng ah, Ong ah !

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-04-23 10:02 | Report Abuse

Still tidur kah. Wtg QR so miserable. Correct?

casion911

81 posts

Posted by casion911 > 2021-04-23 10:43 | Report Abuse

good time to buy now price is low. keeping for long term is best

Tesla

905 posts

Posted by Tesla > 2021-04-23 23:47 | Report Abuse

sleep sleep sleep until oil price go down to negative.. EV car is on the fastline. Aramco start to sold their asset but no offer good price.

Posted by bullmarket1628 > 2021-04-24 07:31 | Report Abuse

‪Wow, oil price continue to uptrend !‬
Brent closed at $65.99 ‪+0.59 +0.90%‬

‪Huat ah, Heng ah, Ong ah !‬

strattegist

23,459 posts

Posted by strattegist > 2021-04-24 11:05 |

Post removed.Why?

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