Yes, i believe so. As Sapura revenue increased as of last Qr, coming revenue must be higher as of high oil prices and plus they are a massive global player with a CEO great in cost cutting could save a chunk of money for the next Qr.
Anuar taib already said 2021 target has achieved around 8 billion, so the remaining Q revenue will above 2 billion, if he manage to sustain 15% margin....than stock will follow slowly ....no need fly here and fly there.
it will be very interesting how performance of sapura QR looks like when it released soon, Will it start to move towards its prime, starting September?
On 25/8/2021, there was 2 O&G companies with super outstanding QR which are Velesto & ICON Velesto making hugh profits of 16 million ringgits ! ICON making hugh profits of 17 million ringgits ! On 26/8/2021, Hibiscs’s super outstanding QR was out ! Hibiscs making hugh profits of 50 million ringgits !
And on today after market closed, there are 2 O&G companies with super outstanding QR just released, which are KNM & Armada
KNM making hugh profits of 9.2 million ringgits ! Armada making hugh profits of 124 million ringgits !
How hugh profits that Sapnrg will make in this coming QR do u think ?
3 sen profit meaning 0.03x16bil = 480mil profit. Ini macam boleh kah. Mana mau cari one off item. jual assets kah. Armada pun takda ini macam banyak leh. Correct?
Tobby Yeah, best to accumulate now! Coming quarter confirm in black! 3 cents profit is my prediction! 28/08/2021 1:09 PM
Seems likely, all oil counter report good result, sapura may able to hit 3 cent net profit support by asset selling, covid cost claim, higher LNG price and production and better margined, revenue should above 2billion based on the announcement earlier if project no delay.
0.15 easily ! Comparing the profit of armada with Sapura don't seem to make sense when the revenue of both is a great distance ! One of millions and the other of billion ! . Qr out I bet it could reach above 0.15.
Serbak more interesting, sue here sue there, keep saying company on track but Q result never on track...until today SIR no target delivery after a month plus...
All we need is Sapnrg makes 10mil +++ next Qr. results coming in 10days plus----I believe 10% 30% upside is possible bcos China is Buying Oil again for September(Oil price can 75 and above)
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....
Nikmon
3,010 posts
Posted by Nikmon > 2021-08-27 10:53 | Report Abuse
I think is group call sapura thoudsandaires more suitable...