Oil price heading 90 Brent Crude, and we not seeing Sapura share price capitalizing on this...very disappointing really...when oil rally retrieve, i wonder what happen to this counter...

Oil price going up crazy high, and the share price Sapura going lower...what these TOP management doing quietly? Are they subjected to Questioning??

All Prices
OPEC Blends
Canadian Blends
U.S. Blends

WTI Crude • 86.21 +0.61 +0.71%
Brent Crude • 89.01 +0.81 +0.92%
Natural Gas • 4.306 +0.253 +6.24%
Heating Oil • 2.702 +0.033 +1.22%

Honestly, I do not know what STAR Management has in plan. Quarter after Quarter losses after another, losses can be due to impairment, can be due to COVID, and if COVID drag on another 2 years, what happen to remedy plan?

When will those outstanding projects won before COVID gonna finish, so that COVID related losses will not recurred?

We do not need the STAR Management to report one after another losses...

Disclaimer: Own sharing, not buy call or sell call...

They won some big projects, but often declaring big losses one after another...COVID related, geological problems, etc all born by Sapura...huge losses one after another, and management replaced one after another...now Star management...and share price is 5.5 sen low

SO disappointing, those averaging down, regardless the averaging pricing, most get burnt Kaw Kaw......new low after another low...thas the sad story of this elephant...

someone who attend the AGM of Sapura, if given opportunty, should tell the STAR management, enough is enough...and question what impact the sapura management has brought to all investors (including PNB), aprt from seeing the share price drop from 10++sen to now 5++ sen and big losses one after another....

I wonder how much they (new line up) draw from the directors and CEO fees? with this kinda company share performance???

Disclaimer: Own opinion, not a buy call or sell call..

Oil rally 7 year high to 88++, still Sapura stay at 5.5++ sen...and when retrieve to 80++ after the fear on attack and profit taking, Sapura may drop to 4.5-5++ sen, its so heavy to move and management has been quiet and not much release of new plans to hold the ship...

Armada coming back strongly and sapura is at lowest share price still...

Thumbs up to Armada management!

Pity for all us giving hope in this heavy elephant..
I worry what happen to Sapura share price when Oil price retrieve from the shock news on attack and Europe/Russia Tension...

when these booster fade away, oil likely retrieve back to lower, and we will see impact on sapura share price...

Disclaimer: own opinion, not a buy call or sell call...

SCIB and KPoWer both up quite some ...Serback is still stop from trading, so sad that this counter miss the Oil rally...

The drama is really disappointing, too disappinting for most investors who burnt their hands, really wonder who should be responsible in this drama...

Armada touched 52 sen, from COVID low of 20 sen plus...Sapura dip to new low of 4.5 sen/5 sen, from COVID low of 7-9 sen...

With all Star management...really sad that the higher the oil price, the Sapura share price remain at new low of 5 sen...

@kyliew...actually the world still pretty much bothered with Pandemic....and the oil price is already recover to 80++

Imagine if OMICRON fading fast all over the world soon, like what we witnessing for COVID cases in UK and southb Africa...

Oil price will likely rally with international flights resuming etc...

be it for divestment, waiver from creditors, selling of drilling asset etc under transformation to renewable energy technology....this is best moment to get better deal...

Hope and pray that the Star management doing it right this round... and cautious enough in winning the new contracts ....

Really hope the Star management of it can leverage the high oil price currently to revive this once darling stock...

https://www.ft.com/content/43d0ade7-bc31-47cc-b857-b6e570c85ade

International oil prices trade close to 7-year high

Latest Oil Price 18Jan22 11am

All Prices
OPEC Blends
Canadian Blends
U.S. Blends

WTI Crude • 84.95 +1.13 +1.35%
Brent Crude • 87.34 +0.86 +0.99%
Natural Gas • 4.274 +0.012 +0.28%

Most penny stocks shooting up..Netz, Kgroup, Trive....this stock no any action...

https://www.theedgemarkets.com/article/petronas-says-positive-outlook-expected-next-three-years-oil-price-recovery-pandemic-sop

Petronas sees positive outlook for next three years on oil price recovery, pandemic SOP relaxation

Just to share some thoughts, the market capital will shrink further to 160mil++ if Sapura drop to 1sen...and if that really happen, anyone want to take over Sapura needs only 80 mil++ to claim the ownership and can appoint whoever to lead the Sapura...

Now this is 4-4.5 sen, its is so low already, getting very close to 1 sen, where, ex CEO, XX CEO, or someone else can reclaim the ownership through few tens of million only...

Thas the fact that the share price for Sapura is so low now, and its really unbelievable some big players wanna sell at this low to cash out peanuts, and losing huge, just to save their investment capital....

Disclaimer: Just to share own thoughts, not a buy call or sell call...Invest on own risk....

whenever glove related counters under pressure, Mahsing also under pressure, when gloves are on the rise, mahsing not impacted...whenever property counters on the rise, mahsing is deemed to be glove counters, when glove counter on the rise, mahsing is deemed to be property counter...

thas the dilemma of mahsing now....so disappointing...not sure if it is good or bad to go into glove biz

Diclaimer: own sharing, not buy a sell call....

The whole Bursa is on very low mood, regardless of overseas market sentiments, Overseas market up, Bursa stagnant, overseas market down, BUrsa more affected...not sure whats had happened to Bursa in last few months....maybe investors losing confidents on all...

My thoughts and expectation, is next QR losses should shrink further to lower losses, and FY 2023 should be a afresh start with better return with asset sales etc...

Just my own thoughts and guesses, some big players sold it earlier which dragged down the price now to 5 sen++, in anticipating of this QR losses, so that there ain't a panic selling now as market already factored in this.

I very much hope there will be a big turnaround starting FY2023.

Disclaimer: Just personal sharing, not a buy call or sell call

just my opinion, current share price which dropped from 8 sen to 5sen++ may have already factored in this QR losses....so that a panic sale may not happen now...

it shall depends on any positive/negative news popping up on way to next QR...if I remember right, it is expected already that the losses should shrink to current figure in this QR ...and inFY 2023 onwards the company should start making better return...

DIsclaimer: Just personal sharing, not a buy call or sell call

Sapura OMV is a joint venture ...how much is the Sapura share in it?

so powerful, one analysis report, not from Company itself, but analysis report by investment analyst, and then the whole market impacted, then it down by almost 40%...big sell off, who is collecting?

only that analyst has this finding? other analysis seems to be in dark?

Impiana gradually on the rise...Good performance so far....will it go back to its glorios days to more than30-50 sen? Times will tell...I am holding tight...

One UOB report, sapura value almost gone half...so much powerful...

WTI and Brent price going up...WTI breaking 70 USD..

Main shareholders not long ago bought quite some shares worth millions...do they know or expect the sell call from Investment analysts? They certainly are in much better position to have these info, why they bought at much higher price?

We remember some investment bank analyst used to shout Top glove RM100, and after sometimes, called it rm 2 below...

Some investment analysts also shout super cold winter across Europe, which turn to be rather mild till now....

Guys, what do u think the analyst calls?

impiana top the volume now...

Promising results based on last two quarters!

Two consecutive QRs are green, despite several lockdowns from (July-September), this hostel biz company didn;t suffer loss....

Instead it post profit consecutively in last two Quarters.

Inview of our nation state border reopened on 11 October with interstate travel allowed, the upcoming quarter (for October-December21 biz) QR should be even more promising!!

Disclaimer: Not a buy call or sell call. Only sharing own thoughts

guys, next week QR report out, any expectation? Hopefully it can continue turning around.

I https://www.malaymail.com/news/malaysia/2021/10/30/budget-2022-cukai-makmur-reflects-spirit-of-shared-prosperity-says-deloitte/2017140

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, when tabling Budget 2022 yesterday, announced a one-off Cukai Makmur on companies that make more than RM100 million in profit for the year of assessment 2022.

Guys, it is for year of assessment 2022, which mean targetting profit earned during Financial year 2021...
For GENM, i think it will not apply at all due to huge losses incurred in the 20/21...
For GENB, i think it is not much affected, as generally its not doing very good in Financial year 20/21, plus possible unused tax losses brought forward from 2020-2021 , that can be used to offset tax payments.


I think glove stocks would be badly affected because of huge profit in FY 20/21.

Just my opinion, I may be wrong.... not a buy call or sell call...

Anyone can elaborate more on this assessment year and financial year...someone can correct me, if I am wrong....

Have a nice weekend.

Guys, I received a Budget 2022 Review from my security broker...

It actually states:
The badly affected Companies during Covid including GEMN etc have significant amount of unused tax losses brought forward from 2020-2021 , that can be used to offset tax payments...

Guys please check Budget review 2022 from your security broker film, you will have solid clarification if GENM would be subjected to Windfall tax...

I would not worry about GENM getting Prosperity tax for assessment year 2022...No worry for me.

Apply168, u can go study this ....

Just some sharing here, not a sell call or buy call....

Happy investing. Have a nice weekend.

just my opinion, the Exploration and Production, E&P O&G stocks would lag the Oil price trend...Investors would need to wait to confirm the stability of the Oil price surge, a longer demand outlook and longer term high oil price would prompt those investors to invest more...

there it comes opportunties for E&P company winning more and more profitable big projects and contracts...

Just my opnion, not sure this will materialize or not, just my thoughts and hope, not a buy call or sell call....

Lets hope the glorious moment for O&G counters in 2015-2016 would return soon...

https://oilprice.com/Latest-Energy-News/World-News/Refining-Margins-Reach-Multi-Year-High.html
Refining Margins Reach Multi-Year High

Refining margins, the Nymex gasoline crack spread, traded above $16 per barrel on Thursday—the highest it's been since 2017, Bloomberg said on Thursday.

It slowly back to glory days for O&G counters...remembering glorious moment for OnG companies 2016+

https://oilprice.com/Energy/Energy-General/Demand-For-LNG-Is-Only-Going-To-Rise.html

Demand For LNG Is Only Going To Rise....

Gas price is soaring now, breaking USD6.2, Brent and WTI remain supported above USD 80++...
High oil price held stable above USD 80 is very important to trigger more investments in E&P, exploration and drilling, this will certainly benefit upstream O&G counters including Sapura.

We are seeing more contracts winning, projects won, etc, lets eyeing on next Quarter report...last Quarter in September most losses (foreseeable) are already factored in...there are more new line up in management since Oct21...So I am anticipating huge breakthrough in coming quarter results...

Just my personal thought, not a buy call or sell call...

https://oilprice.com/Energy/Oil-Prices/A-Cold-Winter-Could-Double-Natural-Gas-Prices-And-Send-Oil-To-100.html

A Cold Winter Could Double Natural Gas Prices And Send Oil To $100

https://oilprice.com/Energy/Energy-General/Oil-Prices-Will-Remain-High-For-Years-To-Come.html

Oil Prices Will Remain High For Years To Come

https://oilprice.com/Energy/Crude-Oil/Aramco-CEO-Underinvestment-In-Oil-Is-A-Huge-Concern.html

Aramco CEO: Underinvestment In Oil Is A ‘’Huge Concern’’

https://www.bharian.com.my/bisnes/korporat/2021/10/879819/serba-dinamik-teroka-segmen-penyelesaian-tanpa-tunai

Serba Dinamik teroka segmen penyelesaian tanpa tunai

Latest announcement!

https://www.bharian.com.my/bisnes/korporat/2021/10/879819/serba-dinamik-teroka-segmen-penyelesaian-tanpa-tunai

WTI oil price USD79++
Brent USD 82++
Natural Gas soaring to 6.4++

Can O&G counters resist the oil rally?
Winter coming in northen hemisphere, China etc...Perform storm for Oil price surge may be in place now...

rebounding....no panic selling...market well absorbed this QR, and its moving on...patience...

@does it mean the huge OPEX spent due to several big projects carried out, extensive work were done and still carried on during last quarter, and the revenue from the work is not recognized and coming yet, which they expected to come in October, from which they requested for a delay in QR to recognize this incoming revenue, which Bursa didn;t allow?

So if that is the case, next quarter will it be huge profit? as the OPEX recognized this quarter already, and revenue to be tagged to next quarter?

Anyone can enlighten?

Why OPEX incurred loss is so huge?just from one quarter?
what is this OPEX cost loss?? its really upset...

phase i sold out means the demand is good...it means the buyers expecting revival of local tourism....that is good for impiana...

I think is good strategy diversifying into development of resort based properties biz...Post pandemic era, less people would travel overseas due to all sorts of uncertainty, so that resort tourism will gain most attention as local people will travel within Malaysia...and if this counter keeps showing positive Profit for upcoming quarters, I think it will slowly rising to it's precovid level...The return will be very good if you believe in recovery of tourism industries...

And I guess, just my opinion, not a buy call or sell call, the worst is already over for this counter, if it gets through, it will rebound...as far as I know, this is the only resort based counter in Bursa...

It was more than 25 sen a share before COVID...so you can bet what is the return if it recovers strongly during Post COVID era.

Disclaimer: Just my opnion, not a sell call or buy call. Invest on own risk.

just a question, institution throwing at this price, 11.5 sen/12 sen, are they making good profit? I thought big fund too stuck at much higher price like many of us? isn't so?

Natural gas continue to soar to 6.19 USD...Brent touching 80 USD...

Are Carbon Taxes To Blame For Europe’s Energy Crisis?
By Irina Slav - Sep 27, 2021, 4:00 PM CDT

Europe’s energy crisis was, in part, caused by the desire of governments to make fossil fuels ‘prohibitively expensive’
The common claim that energy can be clean, reliable, and cheap has fallen flat, teaching policymakers a painful lesson
The harsh reality about carbon taxes is that they increase the cost of living and likely reduce quality of life

https://oilprice.com/Energy/Energy-General/Are-Carbon-Taxes-To-Blame-For-Europes-Energy-Crisis.html...

https://oilprice.com/Energy/Energy-General/The-Energy-Crisis-Is-Sending-Oil-Gas-And-Coal-Prices-Soaring.html

this says it all...the green policy is gonna take oil pricesuper super.....?? due to low investment in the E&P biz....the existing players will go all out to harvest this oil hike....

Sapura needs to deploy this opportunities....