Posted by gogreen > 2019-03-15 16:35 | Report Abuse

follow Calvin. Buy 0.31. Hope for the best !!

Posted by SuperPanda > 2019-03-15 17:51 | Report Abuse

calvin has less power compare to uncle, if have this stock should be .40 by now

please work harder calvin

Posted by stockraider > 2019-03-15 19:35 | Report Abuse

Sapnrg and Velesto are abang n adik....and both control by PNB loh........!!

These 2 companies are expected to recover after the massive injection of funds from PNB and the strong recovery of crude oil prices loh...!!

The Great old days of Sapnrg....it actually makes very good profit after tax as follows;

1. Jan 2015 Profit after tax of Rm 1.432 billion.

2. Jan 2014 Profit after tax of Rn 1.086 billion.

After 2015, Sapnrg had further transformed, to even much bigger group thru massive acquisition of NEWFIELD oil fields and Seadrills.

However unfortunately, 2018 and 2019 sapnrg suffered massive losses due cancellation and scaling down of oil upstreams projects as crude oil price collapse, in addition beside operation losses there are also massive losses due to assets impairment mainly due to assets under utilize loh...!!

With the recovery of Brent crude oil to close to USD 68, sapnrg profitability is expected to improve and surge for the next 3 yrs, the expected sapnrg pat is expected to hit rm 3.0 to rm 5.0 billion over the next 3 yrs loh....!!

With this type of recovery and profits anticipated, SAPNRG is expected to hit above Rm 70.0 billion or achieving share price of Rm 3.00 loh......!!

So friends, do not look down sapnrg earnings potential, they have done it b4, achieving close to rm 1.4 billion in Jan 2015, that is without the the help of newly acquire companies like seadrills and newfield oil assets.

The prospect going fwd is extremely bright with Rm 19.3 billion contract already in hand and further the co expected to secure increasing contract to Rm 40.0 billion over the next 1 yr, due to the current booming oil industry.

On the upstream side, sapnrg 50% partner OMV will help in massive oil & gas extraction at least tripling the current production volume loh...!!
This is expected to generate profits of Rm 1.0 to Rm 2.5 billion just on this sector alone loh...!!

Thus it is not too far fetched Rm 3.0 to Rm 5.0 billion will be achievable in the next 3 yrs and 3 mths.
it is best advise to u buy hold & lock up sapnrg for at least next 3 yrs for max share gain loh....!!

Posted by stockraider > 2019-03-15 21:52 | Report Abuse

U need to think big to be rich loh....!!

Your TP of Rm 0.325 for velesto is just a piece of cake, very easy loh...velesto tp is rm 2.00 in 3yrs 3 mths time mah....!!

Do not ask for such a low return, u need to be ambitious in order to be rich mah....!!

Posted by JJchan > Mar 15, 2019 09:38 PM | Report Abuse

No so optimistic about Sapnrg turnaround plan yet. 2 reports i read about Sap, still in Red or Blue
Black in 2019, maybe 100m profit in 2020 and 200m profit in 2021

Crude price/output Vol. doesn't guarantee production profit/Net profit. Not every drop of Oil can
be sold bcos there are politics involved. China major importer crude( 30% of world production) as
of April 2019 got to allocate atleast 65-70% of Oil import to American Shale Oil to Balance Trade
Export to America. Actually i am more interested in Cobalt ( mineral to make Car Battery)

I am more interested if Velesto can arrived 0.325 next week. ( Sap got strong arm of Bankers, can
go anywhere they want. )

Posted by Money122 > 2019-03-16 01:42 | Report Abuse

Next TP 0.40/0.50

Posted by Woodswater > 2019-03-16 10:08 | Report Abuse

@jj Chan
I’d been heard 2 a lot bilis been cashing out ,reason is fear of scenario happened to velesto thrown by PNB. Sap price been increase during 0.360/0.365 (idss at 47xxxx) suddenly price climb to 0.370/0.375 (idss at 44xxxx).but during last 1/2 hour b4 last trading idss suddenly increase from 74xxxx shoot up to 769,132 4:45pm to 5:00 . Meanwhile velesto only atrract 21000 for shorty ppl . I think sap could further up Mon which same scenario happened at Dayang last minute 1.71 eaten up licin since uncle kyy disposed his Sendai with no longer big holder anymore . Cheers , bro . U ll find out Mon . Pls correct me if i’m Wrong!

Wakakakaka

Posted by Crash123456buil > 2019-03-16 10:23 | Report Abuse

Dayang rm3 next week
Sap rm1 next yrs

Posted by calvintaneng > 2019-03-16 10:35 | Report Abuse

Good morning all

Calvin already paid & took up Velesto shares

I had 200,000 Shares of Velesto Safely Kept Away till and will wait for it to double and triple

Do not play contra. Do not day trade. Just buy and hold.

So happy now!!!

Now Calvin is collecting Destini.

Posted by Woodswater > 2019-03-16 10:53 | Report Abuse

Followed Calvin , bought velesto . Now collecting destini at 0.320/0.325 !


Wakakakaka

Posted by Woodswater > 2019-03-16 15:45 | Report Abuse

Noted, that’s y I disposed all Dayang shares since comment fr Calvin , now from u jj ! Ur analyst about idss is much I learnt , Tqvm . For tis moment I hv holding only velesto , sap n destini .


Wakakakaka

Posted by TECHfullyBREWED > 2019-03-16 18:37 | Report Abuse

Interesting outlook for Jackup Rigs (JURs) and Hydraulic Workover Units (HWUs),

Pg. 23 and 24, PETRONAS Activity Outlook 2019-2021

https://www.petronas.com/ws/sites/default/files/Media/PETRONAS%20Activity%20Outlook%202019-2021.pdf

Posted by Jia Hao > 2019-03-16 20:51 | Report Abuse

Why amanah bought at 4march and disposed at 12march?

Posted by Millionairegig > 2019-03-16 20:54 | Report Abuse

It's a u turn for next Monday trade. Collect low. Or maybe gap up? The next perdana bull ride??? Or going Holland????

Posted by ahwong > 2019-03-16 21:25 | Report Abuse

Come on..all O&G counter are bullish and its just the beginning. How going Holland?

Posted by Dickyyou > 2019-03-16 21:52 | Report Abuse

ASB disposed 35 million shares at 30+ sen why so conmen here praised Velesto?

Posted by Dickyyou > 2019-03-16 21:53 | Report Abuse

14-Mar-2019 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 35,000,000 shares on 12-Mar-2019.

Posted by ahwong > 2019-03-17 00:43 | Report Abuse

Do you know ASB have how many shares of Velesto? Its more than 3 billion...its not even worth to mention since it only throw 1% out

Posted by moven00 > 2019-03-17 01:24 | Report Abuse

Ok bros, Kita Cakap banyak2 pun tak guna ya. Yang penting, Velesto perform. Maybe minggu depan naik sampai range 0.38-0.42, then Itu baru best.

Posted by InvestorKING > 2019-03-17 15:10 | Report Abuse

Buy Armada and knm more now and onwards, the goreng group is targeting Armada and knm now, besides sapura, perdana, penergy, dayang, alam all these already goreng up by other operators previously, reliable source



Friday Armada down is because of bumi Armada operator keep absorbing shorties shares, goreng group not yet start

But goreng group already started knm already.

Target for knm short run is 0.20, and armada is 0.25 - 0.30

Posted by Simon73 > 2019-03-17 16:40 | Report Abuse

JJchan

Can i ask, when do you think sharks will start mobilising and what is your TP for Velesto end 2019 and end 2010? Thank you for sharing.

Posted by Simon73 > 2019-03-17 16:53 | Report Abuse

2020*

Posted by kingb > 2019-03-17 16:55 | Report Abuse

Been consolidating for 3 days in huge volume. Next up will be tremendous.

Posted by Simon73 > 2019-03-17 18:05 | Report Abuse

Cant wait for Velesto to move up

Posted by calvintaneng > 2019-03-17 19:11 | Report Abuse

Posted by bearbull > Mar 16, 2019 03:14 PM | Report Abuse

Will appreciate is Calvin can do a in deep research on Uzma vs Velesto...


Bearbull

I think if I were to give a grading for Oil & Gas Stocks I think these are some figures you may compare them

1) Top 90 marks go to Carimin, Dayang, Naim & Penergy

These are "A" in the 1st Ranking because PETRONAS Gave these OGSE Jobs First
But since prices up so much already now upside not like before.
Those who bought can hold. But those who didn't can consider other O&G laggards haven't run up as yet


2) 80 marks go to Velesto, Destini, Azrb & T7 Global (these are still quite cheap to buy as prices not yet spiked up

3) 75 marks go to Pantech, Dialogue, Sapuranrg, Petronas Chemical and MHB (Malaysia marine & Heavy engineering) for their stability. Sapnrg will go higher in rank if its revenue growth continues to pare down debt

4) 70 marks for Deleum for its consistent price and dividends.

5) 65 marks for Uzma for its job awards from Petronas & others. Uzma got jobs but they need to reign in expenses. The AR shows unnecessary spending on too many photos and also Insiders kept selling their own Uzma shares

UZMA secures jobs quite easily. If leadership improves then it will move up in ranking also

6) 60 marks for Scomies & Sealink (Seaink & Scomi Energy for its assets backing). Both need to secure fresh OnG jobs

7) 55 marks for EaTech & Bumi Armada (If it can resolve its high Debt burden then it will emerge ok)

8) 50 marks for Perdana, Barakah Offshore, Alam Martin, Knm & Daya
These ones are insolvent. 50/50% chance between survival & PN17
Now Perdana got hope because Dayang being Top holders might be able to save it

7) 40 to 10 marks for Sumatech, Perisai, Scomi and others in gone case


This is only a brief summary

Now Carimin, Dayang & Penergy & Naim have all surged up. I only have Penergy because it is the Laggard of OGSEs.

For now I SEE value in Destini & Velesto as 2 still very undervalue


BETTER DON'T TOUCH ARMADA, KNM OR BARAKAH!!!

KEEP TO SAFETY OF VELESTO OR DESTINI

Posted by Crash44 > 2019-03-17 21:09 | Report Abuse

Crash will come soon behind ASB selling?

Posted by Crash44 > 2019-03-17 21:10 | Report Abuse

14-Mar-2019 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 35,000,000 shares on 12-Mar-2019.

Posted by Millionairegig > 2019-03-17 21:22 | Report Abuse

Tomorrow gap up. This will be rocket lunching stocks after Perdana.

Posted by Tian Sen Tester > 2019-03-17 21:25 | Report Abuse

Calvin do you know how many rigs does Velesto have and how many are operating till now?

Posted by Simon73 > 2019-03-17 21:36 | Report Abuse

Thank you, JJchan and Calvin

Posted by Sales > 2019-03-17 21:42 | Report Abuse

Calvintaneng, God bless you with bountiful wealth. AMEN!

Posted by Millionairegig > 2019-03-17 21:49 | Report Abuse

Velestooooooooooooop

Posted by Crash44 > 2019-03-17 21:53 | Report Abuse

20 sen ASB buy back?

Posted by HuatlaiOnglai > 2019-03-18 09:18 | Report Abuse

Calvin.... what’s your reading on ICON?

Posted by Flyinghorse > 2019-03-18 09:25 | Report Abuse

No power to push up. Stuck at 0.310. Lol

Posted by LimKT > 2019-03-18 09:28 | Report Abuse

all saay today will spike oh?

Posted by calvintaneng > 2019-03-18 09:29 | Report Abuse

JUST BUY

PICK UP

HOLD

KEEP TILL JOB AWARD FOR RIGS ARE GIVEN

THEN REVENUE WILL SHOW

PROFIT WILL INCREASE\

THEN PRICE FOLLOWS

Posted by kenie > 2019-03-18 09:40 | Report Abuse

Problem malaysia oil gas company.
https://klse.i3investor.com/blogs/muze/

Posted by Flyinghorse > 2019-03-18 09:42 | Report Abuse

Dropping to 0.305 already

Posted by calvintaneng > 2019-03-18 09:44 | Report Abuse

BUY WHILE CHEAP

ADD MORE IF CHEAPER

LIKE BUYING CARIMIN AT 39 SEN

THEN CARIMIN DROPPED TO 21 SEN JUST ADD

NOW CARIMIN IS 95 SEN AND TOO HIGH TO CHASE

Posted by sooaria > 2019-03-18 10:10 | Report Abuse

Buy Velesto and keep on, dun sell , follow Master Sifu Calvin

Posted by sooaria > 2019-03-18 10:10 | Report Abuse

RM0.305 very cheap now to accumulate

Posted by sooaria > 2019-03-18 10:11 | Report Abuse

People are buying Destini, wait a while for Destini to slow a bit, then buy

Posted by sooaria > 2019-03-18 10:11 | Report Abuse

Remember buy on drop, and not buy on high

Posted by sooaria > 2019-03-18 10:11 | Report Abuse

Buy Velesto now. When Destini, contra players throw, we buy and keep

Posted by sooaria > 2019-03-18 10:12 | Report Abuse

Lets grow rich together

Posted by calvintaneng > 2019-03-18 10:12 | Report Abuse

BUY AND HOLD VELESTO

HOLD FOR LONGER TERM

VELESTO IS VERY GOOD!!!

VELE VELe GOOD!!

Posted by plroo7 > 2019-03-18 10:15 | Report Abuse

Yes i hold but today down lo....

Posted by sooaria > 2019-03-18 10:19 | Report Abuse

Velesto down - Opportunity to buy cheaper

Posted by sooaria > 2019-03-18 10:19 | Report Abuse

Contra players throw , we buy more to keep

Posted by sooaria > 2019-03-18 10:20 | Report Abuse

Velesto very cheap today, dun miss this opportunity