They have won loads of contracts, oil stocks are low, demand is catching up to pre pandemic levels. Q1 / Q2 2022 quarantines will be reduced or stopped completely and worldwide air travel will spring back into life. I remember when everyone was a bit jittery about debt levels of bumi armada when the share price got down to something like sens 0.14, but it bounced back to 0.50 ish..Sapura just needs some better revenue quarters and it will fly.
Big boys entered at 10 cents got tired and exchange hands at this level. The market is assessing Sapura next quarter earnings. I feel optimistic with recent gas rates and deferred revenue, the company could be in better shape for this quarter.
Yeah, clearly the Sapura tender team messed up on the Taiwan deal. Hopefully they can secure better contract terms moving forward and reduce exposure to the group and shareholders
hope is gone long ago..cutloss at 50% decline..if you know how they manage the operations and management, you'll know there's no way to turn the situation around... only keep pumping money in...they need Chinese in the team.
then it will become like those con fintec counter. every month RI
armadatuah2017 hope is gone long ago..cutloss at 50% decline..if you know how they manage the operations and management, you'll know there's no way to turn the situation around... only keep pumping money in...they need Chinese in the team. 19/11/2021 10:52 AM
Enterprize has signed deals with oil and gas development company Sapura Energy and foundation supplier, Offshore Design Engineering, which will supply the articulated wind columns for the project.
SE never short of project, but need to control the cost and diversify asset asap to reduce debt to reasonable level.
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....
Understand
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Posted by Understand > 2021-11-12 16:43 | Report Abuse
This share will not move in near term. Just wait.