Nikmon..I would say, YES. Give him at least 2-3 years to proof himself. Base on 2021 Annual Report he aims to generate cash savings of RM1.3 billion by the end of FY2022
Talk is easy lah. Even ex Petronas chief also need to see how to settle the 10bil debt lah. Project low margin hardly enuf to cover huge interest payment lah. Manage Petronas is different from manage Sapnrg lah. waiting so long already still not see the light at the end of the tunnel. Seem like very far away lah. No wonder see no light lah. The tunnel must be very long lah. East to west of malaysia ini macam long kah. Correct?
really feel oil price up doesn't related with oil stks.. but oil price fall must related with oil stks.. sapura fall to 0.065 when oil fall to negative..
Those keep shouting heng ong huat like a psycho in every stock , should really go to see doctor and take some medicine to calm down . Shout so much syok sendiri also no one interested to goreng oil stock anymore
@joshuaMS7 this is a heavy stock cos of the risk. but with risk, comes a potential for outsized returns (if fundamentals OK)
Anyway, if oil breaks 80 USD per barrel, takkan la sapura tak gerak at all? the Great Re-opening Trade is still happening. US, UK, Europe, are first movers in this great reopening. 3 months from now, let's talk again.
my humble bet is: oil will suddenly face supply shortage cos countries come together around same time. let's watch this closely.
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....
ruhaizat69
825 posts
Posted by ruhaizat69 > 2021-06-18 19:09 | Report Abuse
Qr just get relaxation to released