I'm not holding any gkent share but it's unfair for those irresponsible party here to shout limit down and create fear for newbie to panic sell and lost money

I have no idea why people come in and hope to limit down, so that they can collect? If they intend to collect, means they are confident bout this company, but why hope to limit down? Maybe to create panic sell

My max cut loss point 0.8, hope won't touch tomorrow but I think high chance

In a televised interview with RTM1, Mahathir promised a business-friendly environment as well as deregulation under the new Pakatan Harapan government.

Mahathir also assured that Putrajaya will continue to welcome foreign direct investment, but with a caveat that local contractors will be given priority in the development sector.

"This FDI will be limited to those bringing funds and technology into the country, constructing factories, producing goods for the local market or export.

"We find that Malaysians are already competent in the development sector. We can build our own cities and other necessities for the people.

"We will decide that all these will be open to local companies. So if there are big infrastructure projects, we will only allow foreign participation if we do not have the expertise," he said.

Mahathir said the government will also scale back on regulations to encourage businesses.

"Everyone can freely and easily conduct businesses. We welcome investment be it from within the country or outside," he said.

Mahathir said a review of the economy will also be conducted to determine the country's real level of debt and the health of its finances.



Since local company will be given priority, could anyone tell which local company is more eligible than mmc-gamuda-gkent jv for mrt3 project?

Looks like more people need proper education instead of hearing neighbour uncle aunty call buy or call sell, for those saying gkent will limit down tomorrow, we will know the answer soon

Fgv is not Bn company, its government co

I3ryan, from my observation, the more bad thing people talk about in a stock the better the stock will be, people like to use the term limit down gap down to create fear and collect at lower price

How bout see you at 10 cents? Joker talk is free

That's what people like to hear right

Limit up rm19 like hengyuan

You guys really think klci top 30 company is gonna be so fragile, can limit down anytime, company is built based on fundamental

@JCWIN thanks for the effort of explaining

Bugfett888 since you are so confident, please short those above-mentioned counters

I like you Subaru

For those who didn't do enough homework will panic sell gkent on Monday

Might as well say gkent close shop on Monday worth few cents

If this stock is pro BN, already hit above 1 ages ago

Mmc gamuda gkent jv is the only capable local contractor to get mrt3

Be realistic, BN has nothing to do with petrol price, follow world crude oil price

Correct me if I'm wrong, but sapura nett asset per share is rm2.19 at this moment?

Epf starts acquiring

No hope

Khatulistiwa do you think BM is still possible?

Still holding avg 1.08

Looks like bearish more

Tomato sauce?

Still holding from 0.78 sigh

I already sai lang, planted most of the trees and waiting for the fruits

Added 0.73,last bullet

Really hopeless

Market sentiment is bad, not gkent problem

What's gkent current tp

Mobuzz is absolutely right

Today no disposal notice by epf

Has been holding above 1, seems like no support at all

For those who want to understand more bout Sapura instead of hearsay from others it's a tissue paper company https://youtu.be/ZUCNQajY1Ds

Mrt3 project is not awarded yet right? The winner is still unknown

Mrt3 project award is not confirmed yet right? Correct me if I'm wrong

Panic selling, sold half of my holding, hopefully the price will recover

Entered yesterday today cut loss @5

with current price of brent crude with target of 100usd per gallon, pretty sure sapura will shine

0.795 touched, IDSS time to pay

5mil road block @ 0.79

added some 0.775, hope brent crude increase over night

congratz to those who is still holding

Please sell all mmc gamuda gkent

@Yu_and_Mee could be 10 years too, so invest base on what you think is comfortable

TP of RM1 is maintained

KUALA LUMPUR (April 19): With crude oil prices now trading above US$70 per barrel, AmInvestment Bank said the limelight has returned to Sapura Energy Bhd's exploration and production (E&P) operation, with its proposed listing becoming much more likely and reinvigorating the group's overall rerating process.

In a report today, AmInvestment Bank's Alex Goh pointed out that Sapura's E&P production for the financial year ending Jan 31, 2020 (FY20) is expected to fall by 12% year-on-year (y-o-y) from natural decline.

Nevertheless, Goh has maintained a "buy" recommendation with unchanged forecasts and fair value of RM1 per share.

Goh said the Gorek, Larak and Bakong gas fields in the US$200 million Phase 1 of the SK408 production sharing contract are targeted to commence production in FY21, radically transforming annual gas output from 2 million barrels of oil equivalent (boe) by 10 times to 12 million (boe) and propel overall hydrocarbon production to 13.4 million boe, up 3.8 times from 3.5 million boe in FY18.

While final investment decision for Phase 2 for the Jerun field in SK408 has not been reached, its commencement in FY24 is expected to boost the group's overall production even further to 20 million boe, 5.7 times the current output, he added.

Besides the RM2.7 billion contracts secured so far this year which raised its order book by 10% quarter-on-quarter (q-o-q) to RM16.6 billion, more engineering, procurement, construction, installation and commissioning jobs are expected, said Goh.

"Possibly from a central processing platform for the KG-DWN-98/2 deep-water project off India's east coast and three more wellhead platforms for Sapura's own SK408 project," Goh added.

This is underpinned by the 37% q-o-q increase in the group's prospective tenders to US$13 billion as at Jan 31, 2018 from new markets in the Middle East, Latin America, India and Africa.

At 10.15am, shares in Sapura were up three sen or 4.11% at 76 sen, with 97.55 million shares traded for a market capitalisation of RM4.55 billion. Note that the stock has rebounded about 85.37% from its all-time low of 41 sen in mid-March this year.

"There is still ample upside to further raise our fair value given that the stock is currently trading at a huge 73% discount to our sum-of-parts (SOP)," said Goh.

Noticed lots of fake road block, sell queue last minutes cancel