HANDAL ENERGY BERHAD

KLSE (MYR): HANDAL (7253)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.08 - 0.085

Trading Volume

44,800

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.08

Avg Target Price

0.45

Upside/Downside

+0.37 (462.50%)

Price Call

0

SELL

0

HOLD

0

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
4 people like this. Showing 50 of 1,880 comments

massivekahuna

jangan mimpi lah bro!
apa resistant2 ni? contract tarak, macam mana nak dapat duit? Kalau nak main2 dgn duit angin boleh lah!

duit dah kena sanglop oleh org2 berbuntot lebar tu 😁

2023-12-07 14:14

Michael Kwok

When i come ong will mari.now is 12 cents.very cheap.takeover also cheap.
10/12/23 2.30pm.
Posted by massivekahuna > 3 days ago | Report Abuse

jangan mimpi lah bro!
apa resistant2 ni? contract tarak, macam mana nak dapat duit? Kalau nak main2 dgn duit angin boleh lah!

duit dah kena sanglop oleh org2 berbuntot lebar tu 😁

2023-12-10 14:29

Michael Kwok

Wah,really up to 14 cents.after i talk.the malay guy doubt.ong go mari.please read.
12/12/23 9.25am
When i come ong will mari.now is 12 cents.very cheap.takeover also cheap.
10/12/23 2.30pm.
Posted by massivekahuna > 3 days ago | Report Abuse

jangan mimpi lah bro!
apa resistant2 ni? contract tarak, macam mana nak dapat duit? Kalau nak main2 dgn duit angin boleh lah!

duit dah kena sanglop oleh org2 berbuntot lebar tu 😁

2023-12-12 09:25

massivekahuna

bak kata pepatah, tangan kanan jangan percaya akan tangan kiri

ttpi, hari ni, cerite2 yg boleh di termenungkan ialah, kes beli dgn tangan kanan, jual dgn tangan kiri ni sudah jadi lumrah hidup buntot lebar. modus operandi mcm deepetro dgn seaoffshore lagi ni. tengok sapa2 yg terjerat dgn mainan busok dan berbau buntot besar and lebar.

2023-12-12 10:40

massivekahuna

tadi cerita2 dgn otai2 finance kat wassup group.

mengikut cerita dongeng, kalau jumlah transaksi sampai 74juta dalam satu hari, sepatutnya harga share sudah melantung 5 kali ganda.

ttpi, kalau duit poket kiri masuk ke poket kanan, atau masuk lobang buntot besar, harga share memang sama saja, kecuali kalau ada "smartinvestor" yg terjerat :) lepas beli tak boleh sudah sebab buntot lebar kentut and duit masuk poket underware

2023-12-12 15:43

Zrenxy

Get ready for handal, share consolidation soon ...soon fly like airasia X . 😄

2023-12-12 20:38

N4rc0t

I wish can fly like aax

2023-12-14 17:14

mystery

landing dy landing dy lol

2023-12-15 16:26

Dehcomic01

The challenge of using relative valuation is choosing the peers. Many compare them with companies in the same sector. But companies have different strategies and different business models even if they are in the same sector. Is there an alternative way to choose?
Damodaran opined that it may be better to compare with companies with same cash flow patterns and risk profile rather than just those in the same sector. This is because these factors determine the value of a company.
One way to put Damodaran idea into practice is to check for the correlations. If say the revenue is not correlated, you should question why select them as peers.
Take the example of Handal. Over the past 13 years, there is a 0.71 correlation between Handal revenue that the median revenue of the Bursa oil & gas companies. In this case comparing its PE or PV with the sector may make sense.
Except that in Handal case, I would not bother as it was only profitable half of the time over the past decade. Its average ROE was a negative 15%. Why spent time analysing Handal when there are better performing Bursa oil & gas companies? https://focusmalaysia.my/the-benefits-of-high-oil-prices-have-not-trickled-down-to-bursas-og-services-sector/

2023-12-16 09:41

Mar2083

Q buy in at 8.5sen
Hope can happen by this week

2023-12-18 14:08

Xienry

my hope in this company is long gone

2023-12-19 15:49

Raiz368

Lowest will go around 9 cent only....get ready to enter at floor price

2023-12-21 15:23

Mar2083

Can q buy in at 9sen today

2023-12-22 06:48

Raiz368

Moving up already...good news to be announce soon

2023-12-22 11:23

Raiz368

Luckly yesterday manage to get buy 0.095 cent

2023-12-22 11:25

tklim

Support: 0.09/0.08 | Resistance: 0.11/0.13

bearish

2023-12-25 18:34

tklim

Support: 0.09/0.08 | Resistance: 0.11/0.13

BEARISH

NO HURRY

2023-12-25 18:37

Raiz368

1st resistance breakout...strong momentum to next resistance

2023-12-26 11:00

Mar2083

Potentially may hit 13sen tomorrow
Huat ar

2023-12-26 17:50

newbie9893

watch out this counter, will shoot up crazy very soon...

2023-12-29 11:42

Dividend4You

why? goreng up soon?

2023-12-29 15:46

Raiz368

New warrant to be out by 1st qtr 2024....grab the mother share now before ex date.

2024-01-09 16:17

Raiz368

Handal Energy plans capital reduction, private placement and bonus warrants
By Anis Hazim / theedgemalaysia.com
15 Sep 2023, 11:02 pm

KUALA LUMPUR (Sept 15): Offshore crane services provider Handal Energy Bhd is planning to undertake a RM90 million capital reduction to eliminate its accumulated losses, followed by a private placement involving up to 40% of its issued shares to raise RM9.7 million to repay its borrowings and trade payables, and an issuance of bonus warrants.

The group’s accumulated losses as at June 30, 2023 stood at RM102.6 million at the company level, and RM68.1 million at the group level, which it plans to reduce to a loss of RM13.1 million (company level), and a retained profit of RM21.4 million (group level), following the capital reduction.

Its proposed placement, which could involve the issuance of up to 266.43 million shares to third-party investors to be identified, would be priced at a discount of at most 20% to the company's five-day volume weighted average market price of its shares immediately before the price fixing date.

It expects to fix the issue price of the placement shares, which could be issued by tranches, separately. Based on its illustrative issue price of 9.13 sen per placement share, Handal could raise as much as RM9.7 million from the exercise, of which RM9 million would be used to repay its trade payables and bank borrowings (RM4.5 million each).

The warrant issuance, meanwhile, will be undertaken after the private placement on the basis of one warrant for every two existing shares held on an entitlement date to be announced later. It expects to be issuing up to 186.7 million warrants. If fully exercised, the warrants could raise another RM22.41 million for the company, which is to be used as working capital.

The proposals, subject to approvals from Bursa Securities and Handal shareholders, are expected to be completed by the first quarter of 2024.

Shares in Handal settled half sen or 4.35% lower at 11 sen on Friday, with a market capitalisation of RM29.34 million. The counter has fallen 26.67% year-to-date.

2024-01-09 16:20

Lee Ying Yee

pp will kill u ??? last year same/

2024-01-09 17:16

Raiz368

Tomorrow will start move up guys...don't miss the flight to fly high..

2024-01-10 00:00

Mar2083

Potentially may up trend today
Huat ar

2024-01-19 07:23

Mar2083

Potentially may test 15sen by this week
Huat ar

2 months ago

TCH1186

Break the line. Time to goooo

2 months ago

fl888

Handal So small share capital only 336 million…..NTA 17cts….

2 months ago

MACD

Big vol but price not really moving

2 months ago

TCH1186

don worry. just a pullback. whoever in just wait till cny. xD

2 months ago

Raiz368

Is time to collect and hold until CNY...potential will get 50% return.

2 months ago

Bull13

FREE BONUS WARRANTS
1 warrant free for every 2 mother shares held. CNY angpow!!💰💰💰

2 months ago

TCH1186

Be patientsssss

2 months ago

TCH1186

thank me later ^^

2 months ago

massivekahuna

beruk buntot lebar ni tak habis habis dengan kelentong2

KUALA LUMPUR (Jan 29): Pelaburan MARA Bhd has denied claims of receiving any proposals from Handal Energy Bhd concerning an investment in redeemable non-convertible preference shares (RNCPS).

In a statement, Pelaburan MARA emphasised that no evaluation or confirmation regarding the RNCPS investment has been conducted.

"Pelaburan MARA will conduct rigorous evaluation and due diligence exercises pursuant to a formal proposal being made, in accordance with the procedures and to meet the regulatory requirements before making any investment decision," it added.

Pelaburan MARA said it would request Handal Energy to clarify the matter with all relevant parties to avoid any misunderstandings.

"Pelaburan MARA takes its reputation and the accuracy of reporting on its services seriously. We pledge to keep our stakeholders apprised of any significant developments in a clear and transparent manner," the statement read.

On Jan 18, Handal Energy, in a stock exchange filing, announced that its wholly owned unit Handal Floaters Sdn Bhd (HLFSB) had entered into a joint venture agreement with Hadid Oil and Gas LLP (HAG), establishing a limited liability partnership (LLP) for shared involvement in the early oil production field development programme, particularly Phase 1 of the Nipineftegas field development plan.

The agreement is subject to numerous conditions precedent, including the execution of an RNCPS agreement between HFLSB and Pelaburan MARA, with Pelaburan MARA subscribing to the RNCPS issued by HFLSB at an issue price to be determined later based on an issue size of US$5 million (RM23.64 million).

It also stated that the parties commit to obtaining necessary approvals and consent within three months, with the option to mutually extend for an additional three months if needed. If approvals are not secured within the stipulated time frame or any agreed extension, the agreement shall ipso facto cease, and neither party is entitled to claim costs, damages, compensation, or other claims, except for any antecedent breach.

2 months ago

Justwantmoney2

Hopeless.

2 months ago

TCH1186

MARA wont effect that much. No problem

2 months ago

massivekahuna

kami duduk2 cerita tadi. terpikiaq juge lah.
apasal handal engineering paid up share capital = 42 juta ringgit
company mamat DS agri, paid up capital = 5 ribu ringgit beb!!

lepas tu, nak bagi share JV, handal dapat 51% dan DS agro dapat 49%


yang pelik, handal kena bayar 4.5 juta utk developmt cost, ttpi DS Agri bayar kosong.

Baguihhh jua biznes mcm ni. main atas angin, takya bayar satu sen, ttpi dapat 49%. nampak nye, lintah darat ni tak habis2 nak lanyak handal ni. memang handal!!🤣

cerita nak con-artist pakai nama mara tu dah diam2. kantoi, kan? 😁

2 months ago

Bull13

War in middle east. O & G will shoot up!
Handal free warrants!!
Every 2 shares 1 free warrant .

2 months ago

TCH1186

Woot

2 months ago

TCH1186

....

2 months ago

TCH1186

Ready next week

1 month ago

TCH1186

Stop play liao i know u want shoot up. Just press the button.

1 month ago

bobettose

button next month la

1 month ago

Dividend4You

tak boleh main!

1 month ago

fl888

Next week , break 10cts easily with free 1for2 warrrant exdate 15-4-24

2 weeks ago

bjtoto

Wang mana pi

1 week ago

bjtoto

Wang ikut sini

1 week ago

Mar2083

Hope can test 15sen by next week

1 week ago

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