Posted by plaxo 88 > 2021-10-25 10:04 | Report Abuse

bet alam and sapura, which is a better bet to survive. any advice, pls

Posted by cashflow > 2021-10-25 11:29 | Report Abuse

ICON already striking up, Sapura and Alam coming up

Posted by strattegist > 2021-10-25 12:39 |

Post removed.Why?

Posted by Icon 888 > 2021-10-25 22:00 | Report Abuse

Banyak viagra kena Makan…almost 3 years tak Boleh naik

Posted by guardian_forever > 2021-10-25 22:11 |

Post removed.Why?

Posted by strattegist > 2021-10-26 08:11 |

Post removed.Why?

Posted by koyokui > 2021-10-26 09:11 | Report Abuse

Buy today complete buy action take place

Posted by gghaha > 2021-10-26 16:42 | Report Abuse

the most useless oil stk in KLSE.....:)

Posted by Fraundhunter > 2021-10-26 17:10 | Report Abuse

Haha u guys still here? I already analysed so many things still keep this share? Pls read back my post

Posted by UlarSawa > 2021-10-26 20:23 | Report Abuse

Still KFC menu kah. Correct?

Posted by cashflow > 2021-10-26 21:26 | Report Abuse

I don’t know about you guys, but I am currently profiting in ICON and Sapura. Just keeping this for long term gain.

Posted by bobvic96 > 2021-10-26 21:48 | Report Abuse

https://www.theedgemarkets.com/article/aramco-warns-worlds-spare-oil-supplies-are-falling-rapidly

CAIRO/DUBAI (Oct 26): Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to invest more in production.

It’s a “huge concern,” Chief Executive Officer Amin Nasser said in an interview in Riyadh, Saudi Arabia’s capital. “The spare capacity is shrinking.”

His comments come with crude prices having soared 70% this year to around US$85 a barrel. Many major consumers, including the US, Japan and India, have called on producers to pump more.

The supply deficit in oil markets could worsen in 2022 if the coronavirus pandemic eases and more people fly, he said.

Declining rapidly
“If there’s aviation pick up next year, that spare capacity will be depleted,” he said. “It’s now getting to a situation where there’s limited supply — whatever is left that’s spare is declining rapidly.”

Several oil and gas traders have criticized governments and climate activists for calling on companies to stop investing in fossil fuels, saying that will cause shortages of energy in the coming decade.

Aramco, the world’s biggest oil company, is investing billions of dollars to raise its daily capacity to 13 million barrels from 12 million. It expects to complete the project by 2027.

Many Wall Street banks and OPEC+ members doubt there will be supply shortages next year. JPMorgan Chase & Co has said oil markets will shift to a supply surplus of 1 million barrels by March from a deficit of around 1.5 million barrels now.

Saudi Arabia’s energy minister told Bloomberg on Saturday there could be a “huge uplift” in crude inventories in 2022.

“We still have Covid,” Prince Abdulaziz bin Salman said, justifying OPEC+’s refusal to ease deep supply cuts it began last year any faster. “We still have jet fuel limited in terms of growth. If you do more now, you’re accelerating the problem.”

The Organization of Petroleum Exporting Countries and its partners are increasing daily output by 400,000 barrels each month. The 23-nation group, led by Saudi Arabia and Russia, next meets on Nov 4 to decide whether to change strategy.

Posted by drkelvin20 > 2021-10-26 23:13 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/Aramco-CEO-Underinvestment-In-Oil-Is-A-Huge-Concern.html

Aramco CEO: Underinvestment In Oil Is A ‘’Huge Concern’’

Posted by drkelvin20 > 2021-10-26 23:14 | Report Abuse

https://oilprice.com/Energy/Energy-General/Oil-Prices-Will-Remain-High-For-Years-To-Come.html

Oil Prices Will Remain High For Years To Come

Posted by drkelvin20 > 2021-10-26 23:15 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/A-Cold-Winter-Could-Double-Natural-Gas-Prices-And-Send-Oil-To-100.html

A Cold Winter Could Double Natural Gas Prices And Send Oil To $100

Posted by strattegist > 2021-10-27 10:02 |

Post removed.Why?

Posted by AnakSoleh00 > 2021-10-27 12:54 | Report Abuse

Walao..still got time..lai lah..buy buy..cheap cheap meh

Posted by DickyMe3 > 2021-10-27 12:55 |

Post removed.Why?

Posted by acinanatucer > 2021-10-27 14:22 | Report Abuse

keep buying while the price low, the price surely rebound

Posted by cashflow > 2021-10-27 16:41 | Report Abuse

ICON soaring high. Nicely done. Sapura coming soon

Posted by Mikesinoda283 > 2021-10-27 17:44 | Report Abuse

The price is already too low but for me, its low risk. Good time to collect and buy now.

Posted by IronShirt > 2021-10-27 18:52 | Report Abuse

Sap buying back own shares (19m) thru subsidiary ( Sap Tech )...Good start

Posted by IronShirt > 2021-10-27 20:55 | Report Abuse

AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA 23-Nov-2020 Acquired 203,043,033 0.000
______________________________________________

Still waiting Amanahraya to Buy again

Posted by strattegist > 2021-10-27 21:43 |

Post removed.Why?

Posted by DoreenCheeLing > 2021-10-27 22:14 |

Post removed.Why?

Posted by Bakam88 > 2021-10-27 23:02 | Report Abuse

SAPTECH is sharil, our lovely ex CEO. he is increasing his stake. Return of the King?

Posted by Icon 888 > 2021-10-27 23:21 | Report Abuse

Seriously impotence

Posted by tailiew > 2021-10-27 23:29 |

Post removed.Why?

Posted by Godofgambler > 2021-10-28 00:28 | Report Abuse

Sapura will come back big

Posted by fluffyclouds > 2021-10-28 09:07 | Report Abuse

With the amount of work they have won and current oil price / supply demand imbalance share price should go up, people just looking a current debt levels, which will resolve.

Posted by amirsyam1001 > 2021-10-28 09:23 | Report Abuse

oil price is falling. Again and oil company stock price also falling.

Posted by strattegist > 2021-10-28 09:54 |

Post removed.Why?

Posted by cashflow > 2021-10-28 12:21 | Report Abuse

Line up for next earnings session.

Posted by drkelvin20 > 2021-10-28 12:50 | Report Abuse

Gas price is soaring now, breaking USD6.2, Brent and WTI remain supported above USD 80++...
High oil price held stable above USD 80 is very important to trigger more investments in E&P, exploration and drilling, this will certainly benefit upstream O&G counters including Sapura.

We are seeing more contracts winning, projects won, etc, lets eyeing on next Quarter report...last Quarter in September most losses (foreseeable) are already factored in...there are more new line up in management since Oct21...So I am anticipating huge breakthrough in coming quarter results...

Just my personal thought, not a buy call or sell call...

Posted by drkelvin20 > 2021-10-28 12:51 | Report Abuse

https://oilprice.com/Energy/Energy-General/Demand-For-LNG-Is-Only-Going-To-Rise.html

Demand For LNG Is Only Going To Rise....

Posted by myky67 > 2021-10-28 13:39 | Report Abuse

Next quarter earning should be better if no more cost overruns for India/ Taiwan E&C and other jobs.. Sapura is good in replenishment the new contracts, but most of the contracts are low profit margin, underestimated, risky and could cause very huge loss.. should more selective and look for higher margin contracts...

Posted by gohku > 2021-10-28 14:29 | Report Abuse

This company should benefit very much from strong surge in crude oil price.

The only major concern is its balance sheet with very high borrowing, if spnrg can sail thru, it will recover.

Posted by CANON911 > 2021-10-28 16:07 | Report Abuse

Just hold. Its gonna fly. Be patient.

Posted by casion911 > 2021-10-28 17:04 | Report Abuse

now is still cheap..tomorrow might be limit up

Posted by IronShirt > 2021-10-28 19:22 | Report Abuse

wow...Shahril is Back....Buying Sap, maybe One Day kick current management Out and
reclaim his CEO position

Posted by strattegist > 2021-10-28 23:41 |

Post removed.Why?

Posted by mokluhanj21 > 2021-10-29 08:32 | Report Abuse

Wow Shahril buying millions of shares. I think spare cash only for him to wallop even more. As a middle finger to ex ceo PNB for ousting him, buy at 1/100 the price PNB came in BAHAHA

Posted by UlarSawa > 2021-10-29 10:55 | Report Abuse

King Shahril bot 20mil shares kah. how to fight back with PNB own 40% leh. Still need PNB to give approval leh. See he still got bullet to buy more or not lah. If really want to fight back need to buy everyday 20mil lah. Dont just buy one time want the price to go up lah. Many still waiting to redeem kfc leh. Correct?



IronShirt wow...Shahril is Back....Buying Sap, maybe One Day kick current management Out and
reclaim his CEO position
28/10/2021 7:22 PM

Posted by drkelvin20 > 2021-10-29 12:54 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Refining-Margins-Reach-Multi-Year-High.html
Refining Margins Reach Multi-Year High

Refining margins, the Nymex gasoline crack spread, traded above $16 per barrel on Thursday—the highest it's been since 2017, Bloomberg said on Thursday.

It slowly back to glory days for O&G counters...remembering glorious moment for OnG companies 2016+

Posted by newbie8080 > 2021-10-29 12:57 | Report Abuse

The weird thing is crude oil is cruising high at above USD80 pbl but Sapura results doesn't reflect this.

Anyone can share some insight?

Posted by izoklse > 2021-10-29 12:59 | Report Abuse

As long as IB, PNB and Shahril buying and still holding. I will buy as much as i can. huhuhu.

Posted by drkelvin20 > 2021-10-29 14:39 | Report Abuse

just my opinion, the Exploration and Production, E&P O&G stocks would lag the Oil price trend...Investors would need to wait to confirm the stability of the Oil price surge, a longer demand outlook and longer term high oil price would prompt those investors to invest more...

there it comes opportunties for E&P company winning more and more profitable big projects and contracts...

Just my opnion, not sure this will materialize or not, just my thoughts and hope, not a buy call or sell call....

Lets hope the glorious moment for O&G counters in 2015-2016 would return soon...

Posted by cashflow > 2021-10-29 18:10 | Report Abuse

Agreed. Institutional investors are observing the macro risks on persistent. COVID cases, ESG movement and demand growth.

One thing is certain, human population doesn’t cease to grow and demand for energy will continue to grow post pandemic / endemic. Question is how fast would renewable energy would satisfy the energy hunger globally, till then O&G will still triumph.

Posted by Godofgambler > 2021-10-30 14:07 | Report Abuse

https://www.theedgemarkets.com/article/past-cleanup-not-enough-turn-around-sapura-energy-%E2%80%94-whats-next

Posted by Godofgambler > 2021-10-30 14:08 | Report Abuse

Big things coming
TP0.30 soon