Hohup it can go downhill as you said because in this counter there are many sharks trading using high frequency trading system buy sell buy sell within seconds and they spread fear. On top of that EPF and Amanah selling nonstop. Plenty of excuse to push it down especially with ikan bilis force selling and contras.

So it is clear Affin Hwang, Omighthy, HwangDBS, Vincent Tan all were involved in crashing down the shares to gain money for election. So it will go up.

derrtan, no they mean FY 2019 is from right now, not Year 2019. Please read carefully. Thanks.

Zero impairment, zero debt repayment, lower operating cost, extra RM2billion cash from E&P listing, extra gas sale revenue with high margin for gas sale at least 50% earning margin....expect RM2 in 1 year, RM4 in 2-3 years.

Worst of Sapnrg is over. This year we expect revenue to double up with earning at least RM200million every quarter, pending more projects and revenue recognitions. In 12months target price is RM2.

If that is true, pmaster must be the HwangDBS or Vincent Tan short sellers.

HwangDBS short sellers shark is coming in at every level.

Exactly. The worst impairment ever is for kitchen sinking exercise. This year revenue will double, earning double. Zero impairment, zero debt repayment. RM1 medium term, RM2 1 year target price.

Shale oil cannot last long. Permian basin is causing giant "Sink holes" and they are getting unstable with more earthquakes coming soon. Shale oil cannot last. Will end soon.

Please be mindful that Sapnrg is going through transformation into oil and gas producers on top of oil and gas service providers. As oil and gas producers in 1-2 years, all assets will be utilised internally including its own drilling rigs. So impairment will be reversed.

Shale oil is heading into trouble soon. It causes massive sink holes in Texas.....soon shale oil needs to close shop. Sapnrg will thrive to RM4

Actually RM1.30 no mistake. Once it goes back to RM2.00, everybody earns. Speaking for traders only.

No impairment no cash call no debt repayment for whole of 2018. More E&P more E&C flat rig. Low operating cost. Expect earning RM200million per quarter for whole 2018 minimum. Buy and keep no worries. If list E&P, RM1.5billion gain at least. Target price 80 cents to 1.00 is definitely there. No worry. Buy keep buy keep. Worst is over.

Yes, zero impairment. RM200million every quarter.

Yes, profit all the way, no more losses.

Buy. This is the best time to buy.

The financial report is much better than what Affin Hwang suggested. Instead of RM8.5billion asset impairment which gives 40cents target price, the impairment is only RM2.1billion. These noncash impairment can be reversed later for drilling rigs but not yet. So not bad I can say. Target price remains 80cents to RM1.

Actually the funds just dump their shares from account A to account B at lower price. They dump very fast until retail investors have no time to sell.

My estimation: RM1.2billion revenue
RM1billion operating expenditure
RM200million interest expenses
? Foreign exchange gains/loss
? Impairment RM1billion max
NTA RM1.90
Cash position RM1.6-1.8 billion
---> share price estimation of 50% NTA=95 cents.
This should be the real report. Tomorrow I want to see what is the real report to be...

Today total done up RM70million at above 55cents. At last hour, the operator, including HwangDBS and Vincent Tan, push down with RM10million to 54 cents. Everyone got panicked, follow through selling till 54.5 cents closed. In a way they are successful in creating the panic selling they wanted. They could continue the pushing down for next 1-2 weeks, as long as no other funds are stronger than them.

HwangDBS and Vincent Tan whenever they are here will press down and create panic selling anytime whenever they see so many retail investors buying in. They want we all to lose total hope in this counter. They also know how to press at key technical chart level. That is why they are now so rich.

It is not going to go up today because tomorrow could be financial report announcement. Most likely will form a "Cross". Vincent Tan is blocking at 57-58 cents so unable to go up.

If pmaster managed to sell at 58 cents, pmaster must be the most suspect Vincent Tan

Whenever Vincent Tan coming to block at 57-58 cents, we should be careful.

Vincent Tan is blocking at 57-58

Vincent Tan is blocking 57-58 cents.

Now at least the management is doing something very good for the company instead of just staying quiet. These are real heavy work! From what I see, Sapnrg is in the process of big transformation, from a contractor to a oil and gas producer! No joke man!

From the latest New Zealand news, it shows that Sapnrg intended to do Exploration and Production and drilling activities in New Zealand waters with up to 2.5billion of oil equivalent. Sapnrg management Shahril finally is coming in to support this company. Good jobs Shahril we believe you can bring values to Sapnrg investors.

QR will only confirm that Affin Hwang has been wrong in predicting the massive impairment of RM8.5billion good wil. Once QR is out, market will realise that this year Sapnrg will start to get more projects with higher earnings instead of prediction of massive losses for 2018 full year. Those short sellers are very scared now they have to buy back at 60 cents after selling at 40-50 cents. Right now Vincent Tan was blocking at 0.57-0.58. Vincent Tan Shark is still lingering around preventing Sapnrg from going up.

Take profit first today. Buy again later.

A super Bull in oil market is about to start soon. 3 months target Brent oil USD80.

2018-03-22 18:15
Pegaga合约料20亿．沙布拉能源转盈难
沙布拉能源（SAPNRG）获颁Pegaga天然气项目合约，总值料达20亿令吉，尽管分析员认为这无助于今后两个财政年转亏为盈，但认为股价今年迄今挫跌提供短线投资契机。
（吉隆坡22日讯）沙布拉能源（SAPNRG,5218,主板贸服组）获颁Pegaga天然气项目合约，总值料达20亿令吉，尽管分析员认为这无助于今后两个财政年转亏为盈，但认为股价今年迄今挫跌提供短线投资契机。

2018-03-22 18:15
Pegaga合约料20亿．沙布拉能源转盈难
沙布拉能源（SAPNRG）获颁Pegaga天然气项目合约，总值料达20亿令吉，尽管分析员认为这无助于今后两个财政年转亏为盈，但认为股价今年迄今挫跌提供短线投资契机。
（吉隆坡22日讯）沙布拉能源（SAPNRG,5218,主板贸服组）获颁Pegaga天然气项目合约，总值料达20亿令吉，尽管分析员认为这无助于今后两个财政年转亏为盈，但认为股价今年迄今挫跌提供短线投资契机。

2018-03-22 18:15
Pegaga合约料20亿．沙布拉能源转盈难
沙布拉能源（SAPNRG）获颁Pegaga天然气项目合约，总值料达20亿令吉，尽管分析员认为这无助于今后两个财政年转亏为盈，但认为股价今年迄今挫跌提供短线投资契机。
（吉隆坡22日讯）沙布拉能源（SAPNRG,5218,主板贸服组）获颁Pegaga天然气项目合约，总值料达20亿令吉，尽管分析员认为这无助于今后两个财政年转亏为盈，但认为股价今年迄今挫跌提供短线投资契机。

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股价跌或短线买进契机

周四闭市，该股涨2.5仙，至54仙，跻身最大热门股，有2亿6006万5700股易手。

大华继显研究认为，获取这项钻油台订单是正面惊喜，主要是该集团可扮演配套承包商角色，从新财政年开始即时让营业额进账。这项位于砂州岸外的Pegaga计划的工程、采购、建筑、装置及启用（EPCIC）订单，不仅从采购期起便可即时有营收贡献，Pegaga释放总共165亿令吉订单，也克服了沙布拉能源的营收风险。

截至2018财政年第三季，该集团下个财政年确认订单为43亿令吉，包括巴西联营20亿令吉。

根据大华继显估计，新财政年的确认订单是57亿令吉（考量美元贬值因素在内）；若不包括巴西联营计划，则为45亿令吉订单。“尽管沙布拉能源前此基于盈利下挫，仍未能转亏为盈，然而即将否极泰来。”

该公司在Pegaga订单显示，此订单加2月宣布的9亿令吉订单，使今年迄今订单增至30亿令吉。

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大华继显也重申沙布拉没有现金流或报穷风险，集团目前有现金盈余19亿令吉，尚有息税前盈利可用于融资资本开销。

“债务相对股值引发之潜在资产减值，亦不足挂虑，对于银行来说更看重公司现金流。”

基于此，大华继显预测其2018与2019财政年净亏减14%与29%，预测2020财政年仍面临微亏；3个财政年营收稍调高2%、12%与8%。

大华继显预期28日公布末季业绩，在获12亿工程与建筑营收后，核心亏损收窄至1亿令吉，相比第三季亏损2亿零600万令吉。

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钻油资产恐进一步减值

丰隆研究正检讨该公司评级，不排除近期公布业绩，钻油资产将有进一步减值。

大马投行预测第四季仍面临营运亏损和减值；该行不认为减值导致集团账面值少20%，80亿令吉无形资产不至于在业务尚进行中而面临大幅降值。

大马投行认为，包括这项订单，该集团迄今已达到2019财政年订单的41%；管理层总共竞标95亿美元订单，预期原油每桶高于60美元，将支持营运者的投资决策。

“预期集团让有利可图的探勘与生产上市，重燃该集团资产价值和兴奋感。”

MIDF研究说，该集团未完成订单达160亿令吉，竞标95亿美元订单，预测有50亿令吉订单下财政年确认。尽管原油价游走于60至70美元，该股今年迄今股价跌约25%；该行认为，该股直接涉上游业务，目前的卖压提供投资者买进契机。

尽管盈利前景受其他业务拖累无法转亏为盈，却赋予短线买进契机，目标价1令吉零1仙。

Pegaga project contract is worth RM2billion. No joke. That alone can push Sapnrg up 50cents.

lohpeiyee we have all suffered losses before and understand your situation. We know the market is manipulated that is why retail investors must stay strong and support each other.

rr88, the QR is expected to show worst losses in history. Expected news once come out, it will go up, not coming down. In 3 months oil will go to USD80. More projects are coming. So don't bother QR anymore. It is not relevant.

Don't listen to that Affin Hwang. Nobody is so stupid to impair RM8.5billion goodwill assets to bring NTA to 67cents. No common sense but panic selling means even EPF believed in the story or EPF wanted somebody to collect cheap?

Yes, USD9billion tender, USD5billion at last stage. Pegaga USD1billion taken. Another USD4billion will bring Sapnrg back to RM4

Affin Hwang doing speculative report to create panic selling because HwangDBS was doing short selling. There was difficulty to trigger panic selling at 50cents. So Affin Hwang put up the report at 50cents to cause panic selling. Most likely he was paid few Millions ringgit to do so, using his past record to influence share price.

That Affin Hwang must have been behind the crash. Payment made in big amount?

Traders can use excuse to push down to 40cents today. Watching oil price closely. Shale oil is surging

All because of Facebook dropping 6%, and also FOMC meeting to raise interest rates. No need to worry. If drop to 40 cents buy more.

Actually US Funds are buying big. If China funds are also buying, then it will not drop to 40 cents anymore. If it drops back to 40cents, then China fund is not buying.

These big funds bought at RM1.40 from Mokhzani, now dumping at 50cents. Great business sense.

Based on Shooting star theory, going down to 40cents.

This trader is using high frequency computer trading within seconds very fast, with expert in technical charting. Cannot read too much into the charts drawn by him really. So I only look at fundamental and ignore this trader main wayang kulit.

RM15billion debt only 10% short term debt. The rest are long term debt 5 years above. 1MDB has no business to cover for interest payment, unlike Sapnrg which has RM12billion revenue to operate next 3 years with short term debt of RM2billion less. Why worry? More projects are coming in next 3-6 months withat least USD1billion jobs. Stay tune.

https://www.maritime-executive.com/article/28-billion-to-be-spent-on-asian-oil-and-gas-projects#gs.01ZrEh0

USD28billion is coming projects from 2018. They need to maintain their oil fields.

Hope Shahril can get more drilling rigs contracts and engineering contracts. These 2 segments are very important.

Steel tariff, not oil tariff.

They use high frequency trading computer system, trading within seconds. All traders die. Sapnrg is different from Sumatec and UMWOG, the latter depend on Petronas contracts whereas Sapnrg got overseas contracts, renowned whole world. Sapnrg can also involve in both commissioning and decommissioning of offshore oil wells. Let us wait for oil tariff 25% to impact shale oil and gas production next 3 months for oil price to shoot up to USD70-80.