Raja138 Pride in Malaysian companies such as Petroliam Nasional Bhd (Petronas), Yinson Holdings Bhd (KL:YINSON) and Sapura Energy Bhd (KL:SAPNRG), which have been established in Brazil for a long time and have achieved success at the global level. https://www.klsescreener.com/v2/news/view/1388115 07/09/2024 3:42 PM
While Mabel understand that the current crude oil price environment justifies an upcycle in global capex, Mabel highlight on potential lower capex spending by PETRONAS as its revenue & cash flows comes off, with PETROS having assumed the role of sole gas aggregator in Sarawak. Given this on-going development, Mabel will keep Yinson and Pchem and will continue to maintain Lady Sapura until she is fully recover from her current P17 Morning sickness...
For your information, Yinson, Petronas Chemicals Group (Pchem), and Sapura Energy (Sapnrg) have significant operations and projects outside Malaysia, reducing their dependency on Petronas projects within the country.
Yinson: This company has diversified its portfolio significantly. It operates globally, with projects in countries like Brazil, Ghana, and Vietnam. Yinson is also expanding into renewable energy and green technology sectors.
Petronas Chemicals Group (Pchem): While Pchem is a subsidiary of Petronas, it has a broad international presence. It exports its products to over 30 countries and has manufacturing facilities in Malaysia and abroad.
Sapura Energy (Sapnrg): Sapura Energy has a strong international footprint, with operations in regions such as the Americas, Africa, and the Middle East. It provides integrated oil and gas services, including engineering, procurement, construction, and installation (EPCI) services.
These companies international operations help them mitigate risks associated with being overly dependent on a single market or client.
#Mabel #InvestorKING Mabel, recommending you to buy Reneuco la, heard that a very strong catalyst, till end of September or early of October,will fly high 06/09/2024 1:56 PM
#Icon 888 Buy reneuco better than sapnrg 06/09/2024 6:53 PM
Meow IK and Icon888…
Mabel will pass renueco as Mabel already have enough exposures in Bursa. Mabel will continue to hold PN 17 Sapnrg and Capital A as its not so heavy holding this ship. Beside Mabel loves to see a complete turnaround of this honest and hardworking companies. Here are the counters that Mabel are currently engaging. These companies are in KLSE Top 30 companies by market capitalization in 2024: • Maybank (Malayan Banking Berhad) - RM 143.5 billion • CIMB Group Holdings Berhad - RM 92.1 billion • Petronas Chemicals Group Berhad - RM 47.0 billion • Sime Darby Plantation Berhad - RM 33.0 billion • YTL Power International Berhad - RM 30.4 billion • IOI Corporation Berhad - RM 25.9 billion • Kuala Lumpur Kepong Berhad - RM 24.6 billion • Sunway Berhad - RM 23.5 billion • Gamuda Berhad - RM 21.9 billion • Sime Darby Berhad - RM 17.5 billion • KLCC Property Holdings Berhad - RM 14.8 billion • Yinson Holdings Berhad - RM8.98 billion • Bank Islam Malaysia Berhad - RM5.89 billion.
Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024)- Dividend enough to cover Mabel's exposures in PN 17 Sapnrg and Capital A..
US trying to squeeze Russia and Iran now by pumping from their reserve but for how long?Must wait announcement from OPEC+. Looks like sucker bilis fried oledi for time being.
my guess if without impairment cost---there will be a net profit mainly comes from strengthening of ringgit bcos SAP loan are in US$ ( 10billion ) Operating Expenses and finance cost will Drop--- DonT think revenue will exceed 1.1Bil So expectation is around 100mil profit ( if God approves---hahaha )
Well SinGor the revenue and profit expectations seem optimistic but reasonable, considering the potential improvements in their financial situation. Let’s hope for the best!
While Magician Tony is taking PN 17 Capital A to the next level, Honest and Hardworking Anuar PN 17 Lady Sapura has been busy with the Brazilian Ambassodar this weeks. In Shaa Allah they will be reporting Lady QR soon by 27th September. Here are some key points:
Contract Renegotiation: Sapura Energy is indeed renegotiating unprofitable contracts while completing ongoing projects.
Progress in Recovery: The company has made significant progress in its recovery efforts and is on track to exit PN17 status next year.
Debt Restructuring: Key steps include debt restructuring, a solid business plan, and securing 75% lender support for the Proposed Restructuring Scheme (PRS).
Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials.
Yes T#1. The strengthening of the ringgit could indeed have a positive impact on their financials, especially considering their loans are in USD. Reduced operating expenses and finance costs would also contribute to a healthier bottom line.
SinGor revenue expectation of around RM1.1 billion seems reasonable given the current market conditions. If they manage to achieve a net profit of around RM100 million without impairment costs, that would be a significant turnaround for the company.
Let’s hope for the best and see if your optimistic forecast comes true!
Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. Chinese economic growth is slowing down, and the penetration of the transportation system by electric cars is going at a very strong pace
World consumption increased by 800,000 barrels a day in the first half of the year, barely a third of the expansion in the same period of 2023, the adviser to major economies said in a monthly report. It’s the lowest rate since oil demand crashed during the 2020 pandemic.
Oil prices slumped below US$70 a barrel in London on Wednesday for the first time since late 2021 on concern over data from both China and the US, the world’s top two oil consumers. A major disruption to Libyan output and prolonged supply curbs by the Opec+ alliance have done little to arrest the slide.
Lol...up 14% on random days a month ago with NO HOPE of anyone Q-ing @ 4c able to get out of any significant position...now DOWN 14% with those who bought @ 3.5c unable to get out for the same price (losing commissions) with 19+ mil shrs Q-ing to sell...joke company! Crook robber boss bought 19 mil shrs 3 yrs ago @ 10c now lo$ing $1.235 mil on that position. Tiny pay cut for the billion$ he songlap fr the co. & by extension, from PNB & ASB!😊
if you are a small contra player, Dont touch SAP---you never win. I know the few Commercial Remisiers controlling price after much digging. Small fish or normal remisier max. buy/sell volume is just 500K per bid these big fish can buy/sell 5M per bid ( they can close any Hole in just one bid---how can you win )
Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024)- Dividend enough to cover Mabel's exposures in PN 17 Sapnrg and Capital A..
While Magician Tony is taking PN 17 Capital A to the next level, Honest and Hardworking Anuar PN 17 Lady Sapura has been busy with the Brazilian Ambassodar this weeks. They will be reporting Lady QR soon by 27th September. Here are some key points:
Contract Renegotiation: Sapura Energy is indeed renegotiating unprofitable contracts while completing ongoing projects.
Progress in Recovery: The company has made significant progress in its recovery efforts and is on track to exit PN17 status next year.
Debt Restructuring: Key steps include debt restructuring, a solid business plan, and securing 75% lender support for the Proposed Restructuring Scheme (PRS).
Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials...
Woi who said not helping la i3 member. Itu OKU king of terbalik, whenever he says bad confirm will move up. For months he kept quiet it sits at 0.035 as sell queue. Today he makes noise 0.035 kena sapu become buy queue wo. 😂😂😂😂
While Magician Tony is taking PN 17 Capital A to the next level, Honest and Hardworking Anuar PN 17 Lady Sapura has been busy with the Brazilian Ambassodar this weeks. They will be reporting Lady QR soon by 27th September.
Looking for another excitement here like Capital A....
Stock: [CAPITALA]: CAPITAL A BERHAD
51 minutes ago | Report Abuse
Week 38: You continue to outperform the market this week and your Capital A is up 16.3%
Hihihi...
Thank you Magician Tony...
Stock: [CAPITALA]: CAPITAL A BERHAD
1 day ago | Report Abuse
Yesterday, Capital A broke through the previous resistance level on high volume, signaling a double bottom breakout. It also took out the 50-day SMA which adds to the bullish outlook. Another green candle would validate the breakout. 1st Resistance at 87 sen has already been breached. Next week we will test the 2nd Resistance at 93 sen..
Average Target Price from 9 Analyst is RM 1.05 with a potential Max Target Price of RM 1.68..
2023 BN agm, SAP vendors have a serious discussion with Zahid---I think 1.5B is for Vendors only But, anwar has to "hide" this money ( not to look like bail-out )
Life is so beautiful with the hardworking Annuar..
Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials...
Meow Meow Meow
Stock: [CAPITALA]: CAPITAL A BERHAD
1 minute ago | Report Abuse
Last week, Capital A broke through the previous resistance level on high volume, signaling a double bottom breakout. It also took out the 50-day SMA which adds to the bullish outlook. Another green candle would validate the breakout. 1st Resistance at 87 sen has already been breached. This week we will test the 2nd Resistance at 93 sen..
Today our Capital A touches 92 sen with about 20 million shares traded...
KUALA LUMPUR, Sept 23 — The ringgit climbed to a 30-month high of 4.1815 against the US dollar on Friday to end the week as the world’s top-performing currency as it rode on the US Federal Reserve’s unexpectedly large interest rate cut that sparked euphoria for markets around the world. For the year to date, the ringgit has regained over 11 per cent of its value against the US dollar.
Factors Behind the Surge: The rise is attributed to the US Federal Reserve’s interest rate cut, increased investor confidence in Malaysia’s economy, and stable political leadership.
Impact on Importers: Importers, especially those trading in US dollars, stand to benefit from the stronger ringgit, potentially lowering costs for industries like automotive, healthcare, and food.
Broader Currency Gains: The ringgit has also strengthened against other major currencies, including the euro, Singapore dollar, and Japanese yen.
Life is so beautiful with the hardworking Annuar..
Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials...
Meow Meow Meow
Stock: [CAPITALA]: CAPITAL A BERHAD
21 minutes ago | Report Abuse
Life is also beautiful with the Magicians. Our Capital A hits Mabel’s Target prices at 93 sen with about 54 million shares traded. Capital A also breaches the 10 year downtrend line resistance on the Technical charts..
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....
Icon 888
2,299 posts
Posted by Icon 888 > 1 month ago | Report Abuse
Buy reneuco better than sapnrg