Posted by ST > 2012-04-09 15:36 | Report Abuse

any insight???

Posted by marshallyii > 2012-07-17 09:43 | Report Abuse

no

Posted by Marcus Beh > 2012-08-22 10:14 | Report Abuse

Hahaha haut ......!

Posted by justinlim99 > 2012-09-13 14:15 | Report Abuse

buy buy..buy..

Posted by pirate99 > 2012-09-13 15:02 | Report Abuse

Nowadays penergy byk kuat.. ;)

Posted by justinlim99 > 2012-09-13 16:13 | Report Abuse

very strong. Bought some just now.

Posted by nightfly > 2012-11-01 22:05 | Report Abuse

Watch out ... Coming soon ... Looking strong

Posted by kllady_fidah > 2013-01-21 10:23 | Report Abuse

buy buy clap clap

Posted by keringkontang > 2013-04-02 16:07 | Report Abuse

dah pecah resistent 1.34!!!!blh beli

Posted by keringkontang > 2013-04-02 16:13 | Report Abuse

strong support @1.34....(saya budak baru belajar chart,salah tolong tnjk ajar)

Posted by awedonde > 2013-04-15 10:14 | Report Abuse

keringkontang...Macam mana nak tahu bila dia berada kat strong support ye..? (saya pon budak baru belajar)

Posted by njue76 > 2013-04-19 09:08 | Report Abuse

penergy will up like dayang..PaN HOOK on the way..

Posted by kcfan > 2013-04-21 22:18 | Report Abuse

Petra Energy Bhd is understood to be close to securing a six month extension till year end for its RM1.1 billion hook-up, construction and commissioning (HUCC) and major maintenance services awarded by Sarawak Shell Bhd and Sabah Shell Petroleum Co Ltd in September 2008.

The contact was for a four year term ending December 2012, with an option for another year extension—broken down to two six month terms.

“They (Petra Energy) are on the verge of securing the extension till year end,” an industry official familiar with the matter said, declining to comment further.

Petra Energy officials declined comment.

Taking the RM1.1 billion job over the span of four years, back of the envelope calculations indicate that the extension could work out to about RM22.9 million a month or RM137.5 million for the six month extension, which could be a boon to Petra Energy.

What is more interesting is that the contract was supposed to be awarded as a five year RM2.8 billion job, in early June— after Petra Energy’s first six month extension expired. The new RM2.8 billion contract has been lumped up as part of the RM8 billion Pan Malaysian cluster of awards, slated to be announced in June this year.

So the question is does this six month extension ensure Petra Energy the RM2.8 billion five year job?

Opinions are divided.

“Why would they get the six month extension if they were not going to be awarded the larger RM2.8 million contract…It doesn’t make sense for them to award it to anyone else now…It’s like they have a foot in the door already,” an oil and gas official said.

However an analyst from a local brokerage begs to differ. He says that it would take time for Petra Energy the incumbent to wind down, if they don’t get the five year contract, and about the same time frame for a new winner to mobilise, and commence work on the contract.

While the analyst says that it is not etched in stone that Petra Energy will bag the RM2.8 billion five-year job, he does view the company’s prospects in a positive light and has a buy call on the company’s stock.

He said that Petra Energy has an orderbook of about RM400 million— indicating that the six month extension itself is a much needed boost for the company. Petra Energy’s tender book meanwhile is understood to be in excess of RM2 billion.

Petra Energy for its year ended December 2012 posted paltry net profits of RM7.44 million from RM654.89 million in revenue. Earnings were dragged down by a RM13.91 million net loss in the fourth quarter of the year, brought about by the recognition of losses at a civil engineering services arm.

As at end last year Petra Energy had RM100.70 million in cash and bank balances, while on the other side of the balance sheet the company had short term debt commitments of RM181.99 million and long term borrowings of RM9.79 million.

Nevertheless the company’s prospects could get better with the award of the jobs under the Pan Malaysia Cluster, and the award of a risk service contract (RSC) partnering Coastal Energy.

Petra Energy and Coastal Energy joint venture secured the RSC on a 30:70 basis, in September last year for the Kapal, Banang and Meranti cluster of fields off the coast of Terengganu. According to industry sources the mobile production offshore unit is being mobilised for the job.

However Petra Energy’s strength is its strong set of shareholders, such as East Malaysian businessman Bustari Yusoff controlling 27.5% equity interest, Wah Seong Corp Bhd with 26.9% shareholding, and Mohamed Nizam Abdul Razak brother of current premier Najib Abdul Razak, owning a 9.09% stake.

Both Petra Energy and Dayang Enterprise Holdings Bhd are the two largest HUCC players in the country, and both are expected to walk away with substantial portions of the contracts under the Pan Malaysia Cluster.

However both companies have been tight lipped about the possible awards under the Pan Malaysia Cluster.

Other significant players in the mix include Sarku Resources Sdn Bhd, a wholly owned unit of oil and gas giants SapuraKencana Bhd, and Shapadu Corp Sdn Bhd, where wholly owned unit Shapadu Energy & Engineering Sdn Bhd handles HUCC jobs.

Petra Energy’s stock ended trading at RM1.49 on Friday giving it a market capitalisation of RM479.41 million.

Posted by lmf_hau > 2013-04-24 16:01 | Report Abuse

Nan Yang Press

财经新闻 企管 评论 天下

传必达东马蚬壳合约延长

财经新闻财经 2013-04-22 21:00

（吉隆坡22日讯）消息称，必达能源（Penergy，5133，主板贸服股）将成功延长砂拉越蚬壳和沙巴蚬壳公司于2008年发出的合约，从今年中旬至今年杪。

根据财经网站KiniBiz，上述合约原为期4年至2012年12月，期满后可选择延长半年，总计不得超过1年。目前，必达能源已经成功延长合约半年至今年6月。

不愿具名的业界人士说：“必达能源快成功再延长合约，直至今年杪。”

总值11亿

尽管如此，必达能源拒回应传言。

资料显示，上述为砂拉越和沙巴蚬壳负责连接、建筑与启动（HUCC）以及维修工作的合约总值11亿令吉。这也说明了每半年合约总值为1亿3750万令吉。

不过，值得注意的是，传砂拉越和沙巴蚬壳计划今年6月结束与必达能源之间的合约后，发出一份为期5年、总值28亿令吉的合约，这意味必达能源延长合约或因为这份新合约而出现变卦。

业界人士表示：“如果可以获得28亿令吉的新合约，必达能源没有理由延长合约。我不认为砂拉越和沙巴蚬壳会把新合约颁发给其他公司，必达能源可以说是十拿九稳。”

Link - http://www.nanyang.com/node/527483?tid=761

Posted by Matsaham Mashuk > 2013-05-10 15:15 | Report Abuse

naik lagi PENERGY..hehehe..

Posted by sephiroth > 2013-05-17 19:03 | Report Abuse

petra no energy profit only 2.2m

Posted by mk88 > 2013-05-17 20:26 | Report Abuse

energy counter with 2.2m profit, looks like more water and hot air than oil business

Posted by GMteam > 2013-05-28 08:42 | Report Abuse

BORING!

Posted by njue76 > 2013-05-28 11:30 | Report Abuse

petra will anounce some cointract wins

Posted by GMteam > 2013-05-29 09:26 | Report Abuse

:) much better now!

Posted by selamba > 2013-05-29 11:33 | Report Abuse

beli lai.....rm3.10

Posted by Klsenewbie > 2013-05-29 12:09 | Report Abuse

Any idea why Penergy went up 0.19c today? Is there news pending?

Posted by njue76 > 2013-05-29 13:05 | Report Abuse

Turn to announce contract......wait...

Posted by Klsenewbie > 2013-05-29 13:36 | Report Abuse

Thx njue76.

Posted by streamer555 > 2013-05-29 15:58 | Report Abuse

2.5bil contract expected to be announced

Posted by mcbaomc > 2013-05-29 21:19 | Report Abuse

Petra got the sko Huc.. 2bn.. I guess won't announce this week..
Anyway, looking at the research above, it seems negative.. Maybe wait for the next research result only enter hahaha

Posted by GMteam > 2013-05-30 09:04 | Report Abuse

already announce one contract.. how's the outlook for today? more contracts to come?

Posted by dinpolo > 2013-05-30 19:27 | Report Abuse

Rm3 stock...it good price to enter this stock..good luck

Posted by fauzyrusdeny > 2013-05-30 20:26 | Report Abuse

tomolo must buy...

Posted by Khong Wei Yap > 2013-05-30 20:43 | Report Abuse

Just bought today. Good luck to you 2

Posted by njue76 > 2013-05-30 21:18 | Report Abuse

Penergy ...good to keep until year end......don't worry about the price.....going up and down is normal. Chart is going up.....

Posted by looksee > 2013-05-31 12:08 | Report Abuse

mcbao, penergy still worth to go in? RHB said so low, even PBB put higher...what say you?

Posted by dinpolo > 2013-05-31 14:48 | Report Abuse

Buying this stock...save at this lavel...good time to enter

Posted by streamer555 > 2013-05-31 15:02 | Report Abuse

RHB CIMB or whatever if tomorrow announce new projects they will revise it again la. trust ur own judgement..if u want to play safe,just wait for next market crash. easy

Posted by Khong Wei Yap > 2013-05-31 16:00 | Report Abuse

Yaya, not panic. They dispose in order to made you panic

Posted by Khong Wei Yap > 2013-05-31 16:10 | Report Abuse

I went in@ 2.2 yesterday. Later might bag some to average down

Posted by fauzyrusdeny > 2013-05-31 20:59 | Report Abuse

long term target...

Posted by sunrise > 2013-05-31 23:24 | Report Abuse

sell on news?

Posted by mcbaomc > 2013-06-04 15:02 | Report Abuse

SELL

Posted by mcbaomc > 2013-06-04 17:40 | Report Abuse

Not advisable for long term.. Sell on news

Posted by GMteam > 2013-06-06 10:54 | Report Abuse

damn lucky sold it off @2.4 the other day! *phew*

Posted by mrcrab > 2013-06-06 17:14 | Report Abuse

Wowww..this stock got battered badly today. One of O&G worst performer. Is this company any worth @ RM1.92?

Posted by Adam_Q > 2013-06-06 20:30 | Report Abuse

how come today drop so much

Posted by Tanker > 2013-06-21 17:01 | Report Abuse

good news soon

Posted by mm310 > 2013-06-21 17:06 | Report Abuse

how soon?

Posted by moneyking96 > 2013-07-09 11:19 | Report Abuse

wau...up up up

Posted by Klsenewbie > 2013-07-09 12:57 | Report Abuse

Is there a TP for this counter? Anyone know? Thx...

Posted by jagok > 2013-07-09 14:27 | Report Abuse

heard that news will keluar tmrw. if break 2.51, then will fly high. sky is the limit. can buy now bfr late. :-)

Posted by Topdaytrader > 2013-07-09 14:43 | Report Abuse

what news ? got O&G contract ?

Posted by hoby > 2013-07-09 14:47 | Report Abuse

fly