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

SinGor

4,900 posts

Posted by SinGor > 2021-04-25 10:54 | Report Abuse

The only way to change from petrol Cars to EV is EV cars must be priced at RM 10,000---50,000
Who would buy a Tesla at 500,000 when a 2021 Honda Vezel ( top of line) cost 150,000

gbt_9428

156 posts

Posted by gbt_9428 > 2021-04-25 22:04 | Report Abuse

India New Cases Increasing 340K daily. The new coronavirus that has mutated again in India may invalidate all vaccines at this stage. The Hope that European and US economies can return to normal this year seems to be in vain
Will Sapura drop to 0.13 tomorrow?
Those can collect at the bottom will
‪Huat ah, Heng ah, Ong ah !‬

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-26 08:53 | Report Abuse

Keep for longest ever term, TP 0.19

koyokui

1,943 posts

Posted by koyokui > 2021-04-26 09:20 | Report Abuse

Buy global price oil hike. Inflation coming

cashflow

3,642 posts

Posted by cashflow > 2021-04-26 11:12 | Report Abuse

Shareholders getting impatience. That’s why the flush at 0.135. They need to release Qr and move on

JT1969

377 posts

Posted by JT1969 > 2021-04-26 11:29 | Report Abuse

Really hopeless..

strattegist

23,459 posts

Posted by strattegist > 2021-04-26 11:52 |

Post removed.Why?

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-26 13:35 | Report Abuse

Sapura best stock for our pension fund

Posted by LetUsSee > 2021-04-26 14:59 | Report Abuse

The company has declining revenue, continuos loses, high debt, negative operational cash flow. It is a Company that is bleeding to its slow death.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-26 16:08 | Report Abuse

yaya later close at 0.130 and break 0.130 tomoro!!

SinGor

4,900 posts

Posted by SinGor > 2021-04-26 16:49 | Report Abuse

market thinks Qr. results is not Good

Mone1

50 posts

Posted by Mone1 > 2021-04-26 17:08 | Report Abuse

tp 0.12

kinkizz29

16 posts

Posted by kinkizz29 > 2021-04-26 18:48 | Report Abuse

Waiting avg down at 0.12

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-26 22:28 | Report Abuse

operator is letting it down, look like the QR very poor...

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-26 22:30 | Report Abuse

it had been so long never close at 0.13. is real that QR is superb poor...just hope it wont go bankrupt like our country until want to touch national trust fund.

cashflow

3,642 posts

Posted by cashflow > 2021-04-27 00:09 | Report Abuse

Sharks scaring retailers to buy their shares before big push up.

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-04-27 09:40 | Report Abuse

Left few days only b4 month end. New CEO macam scare to release QR kah. Like this investors also wait and see kah. Like this mana ada kfc lah. Correct?

Bolo88

163 posts

Posted by Bolo88 > 2021-04-27 09:56 | Report Abuse

Strong buying signs , seem like good news are coming target 1.1 soon

srimaanis

33 posts

Posted by srimaanis > 2021-04-27 10:58 | Report Abuse

see something..

strattegist

23,459 posts

Posted by strattegist > 2021-04-27 11:06 | Report Abuse

nothing laaa..

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-27 11:57 | Report Abuse

Fake buying

BigMac

4 posts

Posted by BigMac > 2021-04-27 12:25 | Report Abuse

RIP Sapura & bye bye......

Posted by E657638429 > 2021-04-27 13:00 | Report Abuse

Big debt and no div. What value proposition? Only so chai will buy this stock

Posted by bullmarket1628 > 2021-04-27 14:28 | Report Abuse

Wow, oil price continue to spike up to sky high !‬
Brent now at $65.69 ‪ +0.66 +1.01%‬

‪Huat ah, Heng ah, Ong ah !‬

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-27 15:05 | Report Abuse

Sapura pura will rise by 203?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-04-27 15:56 | Report Abuse

buy buy buy!

Posted by E657638429 > 2021-04-27 18:11 | Report Abuse

Losing $$$. Oil price up. Debt bigger. Go figure. Sell call.

Posted by E657638429 > 2021-04-27 18:12 | Report Abuse

Useless projects that cannot make $$$

Posted by Wong Kah Wei > 2021-04-27 18:12 | Report Abuse

Management smua makan tahi otak pernuh tahi .

Posted by bullmarket1628 > 2021-04-27 18:33 | Report Abuse

Oil rebounds to US$66 ahead of OPEC+ meeting, India's Covid-19 surge weighs
Tuesday, 27 Apr 2021 5:00 PM MYT
https://www.thestar.com.my/aseanplus/aseanplus-news/2021/04/27/oil-rebounds-to-us66-ahead-of-opec-meeting-india039s-covid-19-surge-weighs

LONDON, April 27 (Reuters): Oil rebounded to $66 a barrel on Tuesday on speculation that a meeting of producer group OPEC+ may tweak oil output policy to address India's coronavirus crisis that could dent fuel demand.

OPEC and allies will hold a monitoring meeting on Tuesday instead of April 28 as planned earlier.

Posted by GreenChair > 2021-04-27 18:42 | Report Abuse

Sapura Energy secured contract worth RM1 billion

https://verticalwell.com/sapura-energy-secured-contract-worth-rm1-billion/

strattegist

23,459 posts

Posted by strattegist > 2021-04-27 18:51 |

Post removed.Why?

Posted by Flybythenite > 2021-04-27 18:53 | Report Abuse

Ridiculous klse drop today, this counter still steady!

gbt_9428

156 posts

Posted by gbt_9428 > 2021-04-27 19:17 | Report Abuse

Finally The QR out today!!! Fast Run and keep cash collect at lower cost

Jjkcl

883 posts

Posted by Jjkcl > 2021-04-27 19:37 | Report Abuse

Better quarterly results plus new additional billion dollar contract. Forward looking good

Posted by Flybythenite > 2021-04-27 19:40 | Report Abuse

Read la still got hope!

Malaysia launches 10-year blueprint to revive oil and gas sector
Demand for energy and transportation tanked during the pandemic.

Shannon Teoh
Malaysia Bureau Chief
PUBLISHED1 HOUR AGO
FACEBOOKTWITTER
KUALA LUMPUR - Malaysia is seeking to rescue its ailing oil and gas ecosystem with an ambitious 10-year plan after fuel prices were battered last year by the Covid-19 pandemic.

The National Oil & Gas Services and Equipment (OGSE) Industry Blueprint 2021-2030 comes after nearly two-thirds of over 4,000 vendors fell off the radar, victims of a "double whammy".

Demand for energy and transportation tanked during the pandemic and this came on top of the rout in oil markets between 2014 and 2016.


State oil giant Petronas was forced to slash a third of its initial RM50 billion (S$16.2 billion) capital expenditure budget for 2020, most of which was dedicated to the domestic market. Last year, crude oil prices averaged about US$40 per barrel, down from over US$60 the year before.

Local OGSE players' reliance on Petronas - a key problem the blueprint will try to address - meant that over 700 companies went dormant last year, leaving just 1,563 players in the field.

Oil and gas have been a crucial plank of both the Malaysian economy and government revenue, making up to a fifth of the country's pre-Covid-19 gross domestic product. The supporting OGSE sector, which accounted for nearly half of that contribution, has lagged in adopting new technologies and inefficient businesses suffered during last year's crash.

"It is hoped that this blueprint will result in them scaling up the operations. We want them to go overseas as well. By merging with each other... they can do more research and development... You need to be on the ball in terms of the latest technology," Economic Planning Minister Mustapa Mohamed told reporters after Tuesday's (April 27) launch.

The blueprint outlines incentives for mergers, consortium-building and technology adoption, alongside an RM25 million OGSE Development Grant to help smaller firms commercialise innovative solutions.

Malaysia's OGSE sector generates about US$16.4 billion (S$21.7 billion) in revenue annually, with less than a third coming from exports.

This compares unfavourably with Norway - which Malaysian Petroleum Resources Corporation (MPRC), the lead agency tasked with developing the OGSE landscape, calls the "gold standard" - as well as the United Kingdom.

Both countries in Europe reap over US$35 billion a year from a less fragmented industry of just 1,200 firms each. Norway's OGSE sector also filed 960 patents in the last five years, and the UK had 381, compared with a paltry 36 for Malaysia.

Among the blueprint's targets are to see the OGSE sector contribute up to RM50 billion to Malaysia's GDP by the end of the decade, up from RM21 billion last year, and provide 60,000 highly-skilled jobs, 1,000 more than the existing largely semi-skilled workforce. In line with long-term plans for Petronas to increasingly expand its footprint internationally, OGSE players will also be expected to derive half of their revenue overseas, similar to their Norwegian counterparts currently.

Another crucial push will be to diversify revenue streams, with a quarter of billings by 2030 to come from outside oil and gas. MPRC chief executive Yazid Ja'afar pointed to "adjacent" industries such as renewable energy, where public-listed Eversendai Corp has bagged several offshore wind deals.

Datuk Seri Mustapa said it was imperative that OGSE players create low-carbon solutions with the ongoing push to "decarbonise" receiving a boost from the Leaders Summit on Climate hosted by United States President Joe Biden last week.

"We are encouraging the industry to explore the ESG (environmental, social and governance) element," Mr Yazid told a press conference. "Once you comply with the requirements, you will open up a whole world of US$59 trillion (of investment funds) by 2025."

Posted by bullmarket1628 > 2021-04-27 19:40 |

Post removed.Why?

Bolo88

163 posts

Posted by Bolo88 > 2021-04-27 19:41 | Report Abuse

good quarter good result good stock

Posted by Flybythenite > 2021-04-27 19:41 | Report Abuse

OnG up up up!

Posted by bullmarket1628 > 2021-04-27 19:42 | Report Abuse

Sapnrg grabbed a new contract again !
This contract is worth RM1.0 billion !
Oh my goodness !
Like that tommorrow Sapnrg going to limit up already liao lah !

Huat ah, Heng ah, Ong ah !

ruhaizat69

825 posts

Posted by ruhaizat69 > 2021-04-27 20:34 | Report Abuse

To the moon because qr lost, sapula to the moon tomorrow

cashflow

3,642 posts

Posted by cashflow > 2021-04-27 20:46 | Report Abuse

Nice one. Sharks push down to buy before release news. Let’s see price stabilise tomorrow

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-04-27 22:12 | Report Abuse

QR out. No profit. Whole year still at loss 160mil. Still havent turnaround yet. All 3 divisions also lost money in last Qtr. Need to wait again. KFC menu still carry on as usual. No change yet. Correct?

Alistino G

514 posts

Posted by Alistino G > 2021-04-27 22:39 | Report Abuse

The announced Loss has been factored in the stock price. Now, they could focus to move the stock price higher.... watch it.

cashflow

3,642 posts

Posted by cashflow > 2021-04-27 23:11 | Report Abuse

Sapura made significant revenue during the crisis and loss attributed to financial cost before other costs. It will only get better this year quarters as more projects in hand now. Stock price will shoot up folks, just gear up.

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-27 23:32 | Report Abuse

More revenue means bigger losses? Seems the project on hand not making money. Margin so thin, not enough to pay loan interest. If this carry on, very fast sun set ler...wondering how they run their business.

RISK8888

2,231 posts

Posted by RISK8888 > 2021-04-27 23:33 | Report Abuse

Looks like i guess correctly, insider sell before QR. Means they know QR will be big red.

obakh222

398 posts

Posted by obakh222 > 2021-04-28 01:31 | Report Abuse

Tomorow bole limitup ka. Ada project baru dari Arab sudah dapat.

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