PETRA ENERGY BHD
KLSE (MYR): PENERGY (5133)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.88
Today's Change
+0.005 (0.57%)
Day's Change
0.875 - 0.88
Trading Volume
66,400
News and Blogs
Discussions
6 people like this. Showing 50 of 2,551 comments
True or false?
xxxxxxxxx
pang72
45,628 posts
Posted by pang72 > 1 week ago | Report Abuse
If he got profit to take then congrats him.
He lose too much previous years, need to get back some money
2023-02-13 09:27
Dayang RM 1.55 despite EPS 1.34 sen worse than Penergy last qtr 7.57 sen EPS. Dayang dividend 1.5 sen vs Penergy 2 sen.
2023-02-17 04:31
Technically, at present ROI in Penergy is 70% more than Dayang. Investment decision based on historical charts maybe the reason share price of Penergy far behind compared to Dayang.
2023-02-17 06:36
Ask GPS to withdraw support to Anwar PH only Penergy can move? Uncle KYY can help?
2023-02-17 09:35
KYY when PM-X visit Tambun the next time please see him and tell him the problem Urusharta Jamaah selling Penergy near RM 1. Dayang no such problem so continue high price?
2023-02-17 09:39
So in other words staffs manning Urusharta Jamaah(CEO?) and maybe EPF must be changed?
2023-02-17 09:41
It is hinted how bad is Malaysia local bourse. Some stocks badly undervalued risking for being takeover.
https://www.freemalaysiatoday.com/category/nation/2023/02/17/privatising-petronas-will-lead-to-takeover-warns-ex-treasury-man/
2023-02-17 11:48
If you read my last article "Why Petra Energy price is going up" carefully, you will know that it has 3 oil rig maintenance contracts with Petronas, Petronas Carigali and Sarawak Oil extended for 1-2 years. That means it will continue to report increasing profit in the next few quarters.
One big investor put 100,000 shares to sell at 88 sen just before the end of trading today to stop its price to go up because he wants to buy it cheaper. Koon Yew Yin
2023-02-17 17:14
3 sen dividend is better than last quarter 2 sen. DY better than FD can add further.
2023-02-23 17:44
1. I do not have shares in Penergy but have the itch and desire to write an opinion and post it.
2. Penergy has just announced its 4th quarter result. It reported a revenue of 110m and a profit after tax of 7.9m which is less than market expectation. It is therefore,not entirely wrong to say Penergy had a missed quarter performance.
3.Nonetheless, on a full year basis the company has managed to achieve a revenue of 370m and generated a profit after tax of 13.07m
4. The company has issued share capital of 321m. Its earning per share is 4.06 sen. At the current price of 83 sen, it is therefore trading at a price earning multiple of 21.78x
5. Considering that the Bursa PE is between 13x to 15x, Penergy is thus somewhat fully valued.
6. The company has a sound and strong balance sheet. Its net tangible assets is 1.21.
7. For the current year it has paid out 2 sen dividend and also declared another 3 sen final dividend in the 4th quarter.
8. The company has a surprisingly impressive cash and bank balances of a massive amount of Rm184.8m. And more impressively, it has no long term debts and borrowings but short term liabilities of Rm36m that does not have significant financial burden and impact.
9. Despite its less than favorable profit performance, Petra was able to generate a remarkable and commendable net cash flow from its operating activities of a massive amount of Rm65.69m
10. On the whole, the company's business is still profitable and sustainable. It has a healthy balance sheet with sound financial ratios. The business continued to generate free and net cash flow.
11. The 4th quarter less than impressive profit performance is just a temporary setback.
12. A knee jerk sell down is not unexpected. Nevertheless, it is not surprising.
13. Therefore the sell down and fall in price is not alarming. In stead it opens up an opportunity for you to buy cheap for long term value investing.
14 This is my personal perception and opinion of the counter. It may be wrong. Trade cautiously.
26/2/2023
2023-02-26 22:00
The job contracts are there but the company need to rationally improve it operating expenses in order to boost its profitability or will be left behind.
2023-03-02 12:32
2023-03-14
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.
2023-03-14
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.
2023-03-14
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.
2023-03-14
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.
2023-03-14
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.
2023-03-14
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.
2023-03-14
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.
2023-03-14
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.
2023-03-14
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.
2023-03-14
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.
2023-03-14
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.
2023-03-14
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.
2023-03-14
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Mar-2023.
2023-03-14
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 19,000 shares on 08-Mar-2023.
2023-03-14
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 49,300 shares on 07-Mar-2023.
2023-03-14
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 98,700 shares on 06-Mar-2023.
2023-03-14 17:03
2023-03-17
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.
2023-03-17
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.
2023-03-17
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.
2023-03-17
Insider
TAN SRI BUSTARI BIN YUSUF (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.
2023-03-17
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.
2023-03-17
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.
2023-03-17
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.
2023-03-17
Insider
SHOREFIELD RESOURCES SDN. BHD. (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.
2023-03-17
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.
2023-03-17
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.
2023-03-17
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.
2023-03-17
Insider
SHOREFIELD SDN. BHD. (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.
2023-03-17
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 144,500 shares on 16-Mar-2023.
2023-03-17
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 86,000 shares on 15-Mar-2023.
2023-03-17
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 231,000 shares on 14-Mar-2023.
2023-03-17
Insider
OBYU HOLDINGS SDN. BHD. (a substantial shareholder) acquired 134,700 shares on 13-Mar-2023.
2023-03-17 22:01
LETTER OF AWARD CONTRACT OF THE PROVISION OF ACCOMMODATION WORK BOAT (AWBOAT)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3337564
2023-03-18 13:56
AND ANOTHER LETTER OF AWARD CONTRACT OF THE PROVISION OF ACCOMMODATION WORK BOAT (AWBOAT)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3337560
2023-03-18 13:58
Oil and gas sector is badly understood. Spike in oil price wont affect service compannies. Even more so now as nobody wants to work in this industry. Its going to be bullish for many years to come
2023-04-06 20:36
Not nobody want to work in this industry. Just that the skillset required for this industry pretty fussy. And the rules are strict. Many of our good engineers are working outside Malaysia.
2023-04-06 21:23
Obviously will be bullish for engineering firm for OnG. Petronas has planned to spent RM300b for capex investment for the next 5 years.
2023-04-06 21:25
OPEC+ Discussing 1 Million Bpd Output Cut
https://oilprice.com/Energy/Crude-Oil/OPEC-Discussing-1-Million-Bpd-Output-Cut.html
2023-06-03 13:39
Anyone working in OFS here? Is the industry lacking in technical staffing locally? Any updates or news on SK433?
2 months ago
lagged behind to other oil n gas , uzma and carimin already broke three years high.
2 months ago
But management quality, balance sheet, cashflows and dividends are better than carimins and Uzma's
2 months ago
Horrey, Super damn hot Penergy today !
Now Penergy already at
0.945 (+0.025) (+2.7 %)
2 months ago
Shouldn't be hard to surpass Yr2019 earnings, either this year or next whilst getting more jobs on the way.
2 months ago
looking for freelance welders. too many jobs to cope.. can you be like bro dayang?
2 months ago
Still a laggard. PM-X not scared GPS(TPM Fadillah Yusof brother ctr) pullout from unity govn?
1 month ago
fundamental good O&G counter, definitely better than DAYANG especially in the espect of PE and DY
2 days ago
stock price should be on par with DAYANG, trading at half of DAYANG price means this stock super undervalued
2 days ago
those from DAYANG if you watching jangan malu2 jump over ya, we got 3sen dividend here ^_^ nothing to be ashamed to be a frog in stock investment, this is no politic
2 days ago
Post a Comment
Featured Posts
MQ Trader
Trending Events
MQ Trading Signals
Time
Signal
Duration
Type
2023-11-29 10:50:00
EMA 5
10 Mins
BUY
2023-11-29 10:15:00
EMA 5
5 Mins
BUY
2023-11-29 10:10:00
ADX
5 Mins
BUY
2023-11-29 10:10:00
ADX
10 Mins
BUY
2023-11-29 09:00:00
EMA 5
Hourly
SELL
Apps
Top Articles
1
Koon Yew Yin's Blog
2
3
CEO Morning Brief
4
Koon Yew Yin's Blog
5
THE INVESTMENT APPROACH OF CALVIN TAN
6
PublicInvest Research
7
MQ Market Updates
8
MQ Market Updates
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
yewyin33
Petra Energy is one of my major investments. I bought it because it complies with my stock selection criteria. Among all the stock selection criteria such as NTA, cash flow, healthy balance sheet, EPS and dividend yield etc the most powerful catalyst to push up share price is profit growth. It reported EPS 7.57 sen for the quarter ending Sept and EPS for its previous quarter was 0.43 sen. I expect its next quarter ending December to be better than 7.57 sen. Koon Yew Yin
2023-02-13 09:07