we foresee that its profit margin will remain volatile... public just say it can be volatile. volatile can be going up and going down.. if at the end of year, sapnrg breakeven. i would say its a big improvement on last year.
first quarter. volatile down. second quarter volatile up.. third quarter volatile down.. 4th quarter volatile up.. haha... all in all.. sapnrg price should improve..
Hi newbie and waterfish. FYI if you dont know, sapura have huge revenue contract, the same time having huge debt. Big croc is queuing at both 0.130 0.135 and 0.140. The price wont up, the moment big croc get 0.130 0.135 0.140, he will sell 0.135 0.140 0.145. You can see clearly the queue and graph in stockbiz or the one delayed in brokerage.
You will always end up getting the more expensive stock, at best stuck or sell back at the same if not lower price.
Latest sapura omv joint venture disposing all its interest in well producing oilfields interest in Peninsular offshore for USD 9 million. Chairman { Sharil} sapura omv said to focus instead in sarawak exploration. Is ithis a good move.??? Sapura omv is currently producing 37,000 barrels per day. Its shares in the OMV is around 6,000 barrels
what is Usd9mil only rm36mil lah. 1 Qtr pay cost more than rm100mil interest. em36mil enuf to pay 1mth interest payment only lah. You think alot kah. Cash depleting even faster now. Left less than rm500mil on hand. If keep burn as usual then need to raise fund very soon lah. Correct?
Oh yes, sapnrg is grossly undervalued as the bankers are controlling the price from going up while they continue to collect... Impatient Retailers would end up losing unless Retailers persevered to march on and continue to bite at every opportunity available.
It’s just a matter of time before big funds push O&G stocks. I recommend you folks not to miss the ride. At that time, you wish price lower, but it will be late
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....
Wong Kah Wei
711 posts
Posted by Wong Kah Wei > 2021-04-29 20:44 | Report Abuse
Goreng ke tomorrow?