I am waiting AmInvest analysis on QR result and new contract announced. The only investment bank put highest 0.29 target. Last analysis, they said Jerun job will change Sapura future but it not happen. However, Sapura announced another total RM 1 billion new contract instead of Jerun.
We maintain our BUY recommendation on Sapura Energy (Sapura) with an unchanged fair value of RM0.29/share, pegged to a 50% discount to its FY21F book value. This valuation reflects a neutral ESG rating of 3 stars.
much much more to comeeeee!! buy buy buy!! i think the company will prosper under Anuar Taib
Malaysian contractor and upstream player Sapura Energy is bidding for and has its sights on new contracts totalling 123 billion ringgit (US$30.02 billion), of which 6% represents opportunities in the offshore wind sector.
yupss. couldnt agree more. with vaccination going around world wide, demand for petrol will increase back to what they once were. hopefully this counter would start go higher. recent contracts looks promising. huat ah!!
JuliusCeasar think it's about time O&G counter share price to go higher again..... The main reason is because the oil price look like on uptrend. 28/04/2021 11:16 AM
Look at Kenanga, Feb still 5 cents, today 21cents....you really cannot trust Banker Tp. When they want to Collect, they give Dustbin price, after they collected enough, suddenly 320% increased in Tp
MIDF maintained "buy" call on Sapura Energy as it continued to view Sapura Energy’s future prospects positively given that the operating environment worldwide has improved since mid-2020, underpinned by higher oil prices that have rebounded significantly to US$60 per barrel levels, which will benefit the group's engineering and construction (E&C) as well as exploration and production (E&P) segments.
You will notice that usually O&G stock rally is a big one, and when it happens, it will be late to get into the train, best to park here and wait for that day to come. Price can go down a little, just collect.
expected to exp losses with the covid, oil crisis and all, the qr is better than the previous one. With more solid projects now. I think sap got potential and worth to give a shot to invest
Next time when you hear news of this company winning contracts prior to its earning release, you know the earning is not going to be good. This is not the first time, ya.
Oil prices rose Wednesday after the OPEC+ alliance made bullish predictions signaling a strong global oil demand recovery this year despite COVID-19 flare-ups in India and an expected build in U.S. crude stocks. International benchmark Brent crude was trading at $66.17 per barrel at 6:43 a.m. GMT for a 0.45% rise after closing Tuesday at $65.87 per barrel.....
Wondering why after reporting QR losses of 200mil, suddenly the prospect become so encouraging and positive sentiment. Prior QR close green also no ppl bothering. Is it all paid to say good thing? Is it operator wanna start goreng? ??????? So many question come into my mind.
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....
RISK8888
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Posted by RISK8888 > 2021-04-28 07:05 | Report Abuse
Maybe, cause bursa trend nowsaday losses making company all flying to the sky like airasia losses so big still share price flying to the sky.