PETRA ENERGY BHD

KLSE (MYR): PENERGY (5133)

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Last Price

1.36

Today's Change

-0.02 (1.45%)

Day's Change

1.34 - 1.40

Trading Volume

53,900


6 people like this.

2,712 comment(s). Last comment by Change_ 1 day ago

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-12 15:13 | Report Abuse

Penergy slowed down even with oil prices up?

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-12 16:14 | Report Abuse

But not enough volume to push up. For 2 days dropping so much.

mkmike

220 posts

Posted by mkmike > 2019-03-12 16:32 | Report Abuse

Whoever goes in now will be grinning from tooth to tooth soon.

Depeche

4,451 posts

Posted by Depeche > 2019-03-12 16:57 | Report Abuse

When Penergy advances, it will be fast and furious.

Depeche

4,451 posts

Posted by Depeche > 2019-03-12 16:59 | Report Abuse

Crude and Brent chasing recent highs...the oil bulls are back and will be stronger.

UnicornP

2,859 posts

Posted by UnicornP > 2019-03-12 17:00 | Report Abuse

yea

dompeilee

11,888 posts

Posted by dompeilee > 2019-03-12 17:04 | Report Abuse

dompeilee I give u all free tip lah! Penergy gonna rebound anytime now...
12/03/2019 10:15

Hehe...let this be a lesson 2 all newbies...FREEBIES are not worth anything =)

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-12 17:24 | Report Abuse

Calvin.. whats your take on Penergy performance tomorrow? Today counter still on profit taking?

ramada

3,955 posts

Posted by ramada > 2019-03-12 17:26 | Report Abuse

When Dayang hit RM2, Penergy should be worth RM1.20.

ramada

3,955 posts

Posted by ramada > 2019-03-12 17:31 | Report Abuse

Penergy same as Carimin, with single good quarterly result only. After Carimin reported 5 sen, it went to max. RM0.95 — 5 sen x 19 = RM0.95.

For this Penergy, TP for this 3 months should be — 6.5 sen x 19 = RM1.23.

freddiehero

16,722 posts

Posted by freddiehero > 2019-03-12 18:02 | Report Abuse

ini macam, tunggu nampak kolam la

stockraider

31,556 posts

Posted by stockraider > 2019-03-12 18:17 | Report Abuse

BETUL PUNYA BUKAN MAIN MAIN MAH...!!

As most O&G stocks like Carimin, Naim, Dayang & Penergy have gone up 100% to 200% from its lows Raider has unearthed another Great O&G Stock yet to run up

That Stock is Sapnrg.

At Its early days of IPO (2013 to 2014) Sapnrg O&G Was As High As Rm7.00

But in Year 2014 Due to Brent Crude Oil price crashed to a low of USD27 Petronas cut down from 39 Oil Rigs to only 14 Oil Rigs

As a result Sapnrg 0&G business contracted & its share price collapsed all the way till now (Sapnrg was later sold to Amanah Saham Bumi)

AND NOW THESE ARE SOME VERY GOOD TURNING POINTS FOR Sapnrg

1) PETRONAS HAS INCREASED UPSTREAM EXPENSE FROM RM11.5 BILLIONS (2018) TO RM15 BILLIONS (2019) THIS YEAR

That means that there will be EXTRA 30% CASH INFUSION INTO UPSTREAM O&G ACTIVITIES

CARIMIN, DAYANG, PENERGY, BINTULU PORT HAVE SEEN INCREASING REVENUES DUE TO O&G ACTIVITIES FOR YEAR 2018. AND GOING INTO YEAR 2019 IT WILL SEE EVEN MORE ACTIVITIES

All Due to these Factors

2)) Brent Crude Price has gone back up above USD65.00 per barrel

SO IT IS VIABLE TO EXTRACT MORE OIL

3) Govt wants more Dividend from Petronas (Currently Petronas gave Rm24 Billions usual dividend PLUS A Special Dividends of RM30 Billions = Total Rm54 BILLIONS)

4) RAPID REFINERY In Completion also require EXTRA 54.7 MILLION BARRELS OF CRUDE YEARLY
So all these Converging Factors Have Fired Up O&G Stocks

5) Sapuranrg HAS RECEIVED 6 JOB AWARDS SINCE YEAR 2018

Making a Very Good Track Record of securing over Rm 5 Billion Ringgit Revenue for Year 2018 & 2019
And More Jobs going into Year 2019 as PETRONAS IS STEPPING UP OIL EXPLORATION.
At the moment sapnrg got rm 16 billion order books in hand.

6) SEEING SUCH GOOD PROSPECTS PNB BUMI HAS BOUGHT More sapnrg raising their stake from 12% to 48% injecting about Rm 2 billion loh...!!

7) ALTHOUGH Sapnrg HAS 16 BILLION SHARES ITS TOP 30 HOLDERS ARE AMANAH SAHAM BUMI, PNB & TOP LOCAL & FOREIGN FUNDS
80% ARE OWNED BY THESE STRONG HOLDERS.
Only 4 billion shares are in freefloat.

8) SINCE PENERGY, CARIMIN & DAYANG HAVE ALREADY RUN UP SO MUCH IN PRICE IT IS A WISE STRATEGY TO TAKE SOME PROFITS IN THESE & BUY SOME LAGGARD Sapnrg.

9) Sapnrg COULD BE ANOTHER DAYANG OR A HIDDEN GEM...raider has estimated it overtake Pchem mkt capitalization in 3 yrs time loh..!!

10) JUST LIKE NAIM WAS SOLD DOWN TO 45 SEN AFTER CAPITAL EXERCISE Sapnrg HAS ALSO BEEN SOLD DOWN TO ONLY 23.5 SEN (DUE TO CAPITAL EXERCISE RECENTLY)

Share just like NAIM AT 50 SEN. NAIM REACHED RM1.00 FOR 100% UPSIDE RECENTLY

SO Sapnrg IS NOW 32 SEN

WHAT IS THE TARGET PRICE FOR Sapnrg?

Raider HAS A 3 YEAR TARGET PRICE FOR Sapnrg AT RM 3.00 loh...!!

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-12 20:17 | Report Abuse

But its strange for most O&G counters up except for Penergy.. please advice anyone?

dick20

309 posts

Posted by dick20 > 2019-03-13 08:08 | Report Abuse

yes, the counter is not ready for the time being. operator need to collect more shares.

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 09:15 | Report Abuse

Thanks dick20.. just waiting for Penergy to move..

dick20

309 posts

Posted by dick20 > 2019-03-13 10:05 | Report Abuse

moving now, just hold on. should be okay

calvintaneng

56,657 posts

Posted by calvintaneng > 2019-03-13 10:17 | Report Abuse

Pent Up Energy cannot stay still

So?

SO MUST MOVE UP LAH!!!

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 10:25 | Report Abuse

buy rate is positive. hope can touch resistance at 1.19

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 10:30 | Report Abuse

Thanks Calvin!

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 10:45 | Report Abuse

wow.. like roller coaster.

nestor

411 posts

Posted by nestor > 2019-03-13 10:47 | Report Abuse

yea, up and down again. But i still holding

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 11:32 | Report Abuse

no more energy already.

nestor

411 posts

Posted by nestor > 2019-03-13 11:54 | Report Abuse

i think people switch to perdana already

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 15:10 | Report Abuse

Good show from Penergy & Perdana..

8888_

2,923 posts

Posted by 8888_ > 2019-03-13 15:10 | Report Abuse

Next Sarawak theme play after Perdana, Naim?

noobbie

1,122 posts

Posted by noobbie > 2019-03-13 15:27 | Report Abuse

lagging..gonna speed up soon

calvintaneng

56,657 posts

Posted by calvintaneng > 2019-03-13 16:12 | Report Abuse

Penergy up is genuine

Perdana got problem. So be careful

noobbie

1,122 posts

Posted by noobbie > 2019-03-13 16:34 | Report Abuse

slow n steady

mkmike

220 posts

Posted by mkmike > 2019-03-13 16:37 | Report Abuse

Penergy's time will come.

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 17:16 | Report Abuse

Calvin.. some say Dayang owns 60% of Perdana.. can you clarify this?

Depeche

4,451 posts

Posted by Depeche > 2019-03-13 18:27 | Report Abuse

Dayang's energy is transferred to Perdana....both will enjoy uptrend together.

Depeche

4,451 posts

Posted by Depeche > 2019-03-13 18:28 | Report Abuse

Penergy is going to break 1.20 again...hopefully towards 1.30 this week.

Goldensnow

285 posts

Posted by Goldensnow > 2019-03-13 19:40 | Report Abuse

Thanks Depeche!

calvintaneng

56,657 posts

Posted by calvintaneng > 2019-03-13 20:41 | Report Abuse

NAIM WENT LIMIT UP TODAY

BY MAY IF PENERGY RESULT BEATS DAYANG AND NAIM

THEN PENT UP ENERGY WILL ALSO GO LIMIT UP!!!

mkmike

220 posts

Posted by mkmike > 2019-03-13 21:52 | Report Abuse

Patience is bitter, but its fruit is sweet. ~ Jean-Jacques Rousseau. Coming soon.

tansoonyg

61 posts

Posted by tansoonyg > 2019-03-13 22:08 | Report Abuse

Tomorrow will break recent high 1.22

5354_

4,808 posts

Posted by 5354_ > 2019-03-13 23:14 | Report Abuse

Brent USD 67.29, new 2019 high.

nckcm

2,726 posts

Posted by nckcm > 2019-03-13 23:17 | Report Abuse

No la, 67.60, tonight maybe break this and go 68

Posted by GPS_Sarawak > 2019-03-14 09:06 | Report Abuse

2 RM Penergy not in PH lifetime? How to join PH when BN days possible.

calvintaneng

56,657 posts

Posted by calvintaneng > 2019-03-14 09:11 | Report Abuse

CALVIN STILL HOLDING ON 50,000 SHARES OF PENERGY

PENT UP ENERGY WILL GO UP SOME MORE TO AT LEAST RM1.50

noobbie

1,122 posts

Posted by noobbie > 2019-03-14 09:39 | Report Abuse

weak holder already release thos morning..time to full throttle

8888_

2,923 posts

Posted by 8888_ > 2019-03-14 09:44 | Report Abuse

Me too still hold. Penergy is direct beneficiary of surging oil price as it produces oil unlike Dayang.

noobbie

1,122 posts

Posted by noobbie > 2019-03-14 09:48 | Report Abuse

ya..but for our market..people buy on hype..they dont even know what they are buying..n sadly..they dont even know why they are selling...they just like quock bucks...and also quick losses

Posted by Sarawakians > 2019-03-14 10:10 | Report Abuse

2 RM hard bec PH in power? 2021 must vote back BN?

Posted by birkincollector > 2019-03-14 10:38 | Report Abuse

aiyoyo why not up lol

Tim2812

279 posts

Posted by Tim2812 > 2019-03-14 10:54 | Report Abuse

Turbo no power vroom vroom vroom.

noobbie

1,122 posts

Posted by noobbie > 2019-03-14 11:32 | Report Abuse

now the turbo come...beautiful energy

Posted by birkincollector > 2019-03-14 11:39 | Report Abuse

hehehe

Posted by sarawakian63 > 2019-03-14 12:12 | Report Abuse

Is PH good for 1 term? Why 1.3-1.5 so hard?

Posted by Sarawakian60 > 2019-03-14 12:15 | Report Abuse

We start to miss Najib.

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