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
2024-11-25
2024-11-21
2024-11-18
2024-11-18
2024-11-18
calvintaneng
56,657 posts
Posted by calvintaneng > 2019-03-22 09:47 | Report Abuse
REASONS TO BUY PENERGY NOW ON WEAKNESS
1) PENERGY HAS CLEAN BALANCE SHEET
2) PENERGY last quarter EPS over 6 Sen
Forward 4 qtr = 24 sen so P/E is low
3) PENERGY SECURED OGSE JOBS FROM PETRONAS TWICE
September 2017 One of 5 OGSEs selected was Penergy
July 2018 Penergy again selected in Expanded 12 OGSEs
So Penergy going to see even more Revenues & Profits
4) PENERGY In Brownfield shows lots of repairs/refurbishing needed for Petronas Offshore platforms, Rigs & Others
BEST OF ALL NOW PENERGY PRICE RETRACE DUE TO SELL DOWN ON DAYANG
AND PENERGY'S FUNDAMENTAL BETTER THAN DAYANG