KLSE (MYR): PENERGY (5133)
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Last Price
1.29
Today's Change
0.00 (0.00%)
Day's Change
1.26 - 1.29
Trading Volume
430,800
Market Cap
415 Million
NOSH
322 Million
Avg Volume (4 weeks)
1,232,080
4 Weeks Range
0.995 - 1.34
4 Weeks Price Volatility (%)
52 Weeks Range
0.76 - 1.34
52 Weeks Price Volatility (%)
Previous Close
1.29
Open
1.29
Bid
1.28 x 7,200
Ask
1.29 x 19,800
Day's Range
1.26 - 1.29
Trading Volume
430,800
Latest Quarter | Ann. Date
31-Dec-2023 [#4] | 22-Feb-2024
Next QR | Est. Ann. Date
31-Mar-2024 | 22-May-2024
T4Q P/E | EY
7.80 | 12.82%
T4Q DY | Payout %
5.41% | 42.21%
T4Q NAPS | P/NAPS
1.27 | 1.02
T4Q NP Margin | ROE
9.62% | 13.06%
2024-03-18
Sector: ENERGY
Sector: ENERGY
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Subsector: ENERGY INFRASTRUCTURE, EQUIPMENT & SERVICES
Description:
Petra Energy Bhd is an investment holding company which provides a range of integrated brownfield services for the upstream oil and gas industry in Malaysia. It operates through Services, Marine Assets, and Production and Development and Production segments. The company offers services in construction commissioning and maintenance, engineering, operations and maintenance, oil field optimization, retrofits, domestic vessels re-charter, geophysical, design, and fabrication of process equipment; and packaging and supply of engineered equipment, as well as project management, procurement, and logistic services.
bought back a few at average cost of 0.9625, missed the 4 sen dividend but got myself 4.75 sen instant rebate instead ^_^
2 months ago
this counter has very recent history of quick recover from sudden lesser volume discount (refer to 10 January)
2 months ago
tempted to hold till QR release to see the result this round. unless price goes to another level of new height again
2 months ago
oil price & prospects still in tact, tempting to top up more but unable to get some fund now. will see how if price drops further
2 months ago
2024-01-17
Insider
URUSHARTA JAMAAH SDN. BHD. (a substantial shareholder) disposed 300,000 shares on 12-Jan-2024.
2024-01-16
Insider
URUSHARTA JAMAAH SDN. BHD. (a substantial shareholder) disposed 104,600 shares on 11-Jan-2024.
1 month ago
12-Jan-2024 is during peak ma, not sure if they still selling now need wait for further announcement
imo cannot refer much to such institution investment, because they need take profit from time to time, they sure got plenty of stock left, otherwise also no concern as they have sold all
a safer way to do investment is take profit from time to time, I do that often too even I don't have such much capital to prevent profit opportunity missed in case of final TP not reached
1 month ago
they dispose at the same time got buyer also, it all depends whether the new buyer have higher TP and better holding power, urusharga jamaah continue selling is not much a concern as well as they just want to take profit and will stop if price dropped to certain level
1 month ago
quote
**
Posted by SincereStock > 1 week ago | Report Abuse
sold all again at 1.05, parked my capital back to PRESTAR at price 1 bid lower than I last sold to switch here.
reason - personally don't want to be too greedy here and I always keen to reenter PRESTAR which is also due for an outbreak
seem like volume stacking at 1.05 this level and I got feeling that retailers are the one than entering this time.
I initially set my sell order at 1.15 but gave up after seeing volume and resistance building up
gd luck to you all who stay, definitely will consider coming back for 3rd round if given another opportunity as well
**
anyway, predicted it is institutional investment who is selling (retailer buying) during that time before the announcement is made :-)
regardless, reentered shortly after price drop 4% like that because I believe prospect is still good, as oil price is good and company has good chance to have good QRs results in at least short term future
1 month ago
oversold shortly after price drop to further down below 0.960 should be mainly due to the LDs crisis. also proven to be true as price easily recover back to this level just 2 days after. too bad I don't have extra cash to catch some during the bottom of 0.900, no point to sell other counters to park money here as well because my other counters suffer the same fate and also recover at almost same pace these 2 days
1 month ago
fundamental and good prospects still in tact, bursa index around 1500, one of the most, if not currently THE most undervalued O&G counter available in bursa
meanwhile, people trying to catch bottom at DIALOG while it is still overvalued LMAO~!
1 month ago
It depends on which type of investor you are.
PENERGY is a stable counter for dividend and suitable for long term investors. Not a popular counter with retail, funds and institution now. Has low trading volume. Has high dividend payout and might be growing. If you like to keep for long term, this will be more suitable for you.
Hibiscus and Dialog has higher trading volumes and more Funds and Institutional investors, price can soar up quick but will also drop quick. Dividend is rather low. If you like to trade, this counter is more suitable for you.
1 month ago
Thank you for your reply.
Posted by furionstormrage > Jan 24, 2024 5:10 PM | Report Abuse
It depends on which type of investor you are.
PENERGY is a stable counter for dividend and suitable for long term investors. Not a popular counter with retail, funds and institution now. Has low trading volume. Has high dividend payout and might be growing. If you like to keep for long term, this will be more suitable for you.
Hibiscus and Dialog has higher trading volumes and more Funds and Institutional investors, price can soar up quick but will also drop quick. Dividend is rather low. If you like to trade, this counter is more suitable for you.
1 month ago
@Income
DIALOG bigger size company, overvalue
HIBISCUS medium size company, maybe fair value or slightly overvalue
PENERGY smaller size company, undervalue
disagree with @furionstormrage regarding volatility, volume comes and go, refer to recent history, PENERGY does have good volume as a smaller market cap company compare to the other 2
somemore volatility should not be something to be looked for, tendency / odds for price to move in the correct direction (up) is the one to look for
1 month ago
@income you can also refer to the fb video below for review regarding DIALOG, start watching from 1:10:30
https://www.facebook.com/alfredchenofficial/videos/844887097411401
1 month ago
nothing is imposible in bursa, RAPID NTA RM1 and without earning power also can go RM30
real question is what is the possibility? and if it does reach RM1.5 eventually, when will it be?
from what I see now, I can only tell that the possibility is very unlikely before next QR result at the end of february
1 month ago
fall behind DAYANG again lol typical investors more like to chase premium than discounted NTA most of the time lol
1 month ago
sold half of few at 0.985 today morning, oil price prospects become very uncertain now
1 month ago
sold all remaining at 0.975 probably will move on from this counter onwards, better and safer opportunities outside
1 month ago
Penergy earning per share:
As at 31 Dec 23: 8.22c
As at 30 SEP 23: 5.14c
As at 30 Jun 23: 5.06c
As at 31 Mar 24: loss 1.84c
We can see clearly that performance of stock is very much depending on any extension of contracts or any upcoming new contracts and how will the company can minimise its operation expenses.
https://www.freemalaysiatoday.com/category/business/2023/05/12/petra-energy-subsidiary-secures-subcontract-for-kasawari-ccs-project-from-mmhe/
An increase share price of 18c in my opinion is too fast for an increase of a mere 8.2c EPS.
Chase at your own risk.
3 weeks ago
Shorefield Resources(DPM Fadillah brother) holds 29.61%,Wasco holds 26.97%,Nizam(Najib brother) holds 9.11%,Urusharta Jamaah holds 8.71%,total more than 70% .Wasco (wah seong) bought at 1.68 and planned to sell in 2021,sarawak gov is one of the bidder.As long as Umno and Pbb in power this company is gem.
2 weeks ago
Many oil explorations going on offshore sarawak near miri,good opportunity for petra to obtain contract
https://www.offshore-mag.com/drilling-completion/article/14302264/exploration-drilling-delivering-strong-results-offshore-malaysia
2 weeks ago
buy back very few at 1.25. sad to miss out the rally after QR release. people seems start to realise now price gap between DAYANG & PENERGY need to close up eventually as they are sharing almost same fundamental (price gap is still almost double now). with much more better DY here at PENERGY
2 weeks ago
Petra's financial is much better than dayang,more than 220mil cash only 30mil borrowing ,DY also better than dayang
2 weeks ago
I agree. Based on personal experience working with an investment advisor, l currently have Rm in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
2 days ago
sarawakian63
Anwar must remain PM for full term, says Abang Jo
https://www.freemalaysiatoday.com/category/nation/2024/01/13/anwar-must-remain-pm-for-full-term-says-abang-jo/
2 months ago