Posted by Tanker > 2013-07-09 17:58 | Report Abuse

offload

Posted by Klsenewbie > 2013-07-09 18:03 | Report Abuse

Thanks Jagok

Posted by Superman88 > 2013-07-09 18:58 | Report Abuse

sell

Posted by pirate99 > 2013-07-09 23:29 | Report Abuse

They hit oil already ? Sigh.. missed the boats..

Posted by marco > 2013-07-12 16:39 | Report Abuse

buy

Posted by Abudance > 2013-07-16 19:22 | Report Abuse

Jagok... What news ? Can share with us?? Is this co. licenced by petronas? Tq buddy

Posted by csk396 > 2013-07-17 11:46 | Report Abuse

coming up..

Posted by eht6769 > 2013-07-17 11:47 | Report Abuse

go go go

Posted by mrcrab > 2013-07-17 12:33 | Report Abuse

any news on this one?

Posted by rchi > 2013-07-17 12:45 | Report Abuse

price broke recent high of 2.52,expect a good follow thru' this afternoon..

Posted by eht6769 > 2013-07-17 13:00 | Report Abuse

go go go..like deleum, favco

Posted by eht6769 > 2013-07-18 17:47 | Report Abuse

is perfect time soon

Posted by Surin > 2013-07-19 11:16 | Report Abuse

Why drop pulak?

Posted by Aizie > 2013-08-07 17:36 | Report Abuse

Has been sleeping for more than.a week now. Pls.wake up.

Posted by maukaya > 2013-10-22 08:26 | Report Abuse

don't drop the counter. buy it is a good counter.

Posted by Klsenewbie > 2013-10-23 10:53 | Report Abuse

Maukaya is there a TP on this counter? Thanks!

Posted by maukaya > 2013-10-23 20:08 | Report Abuse

what is a TP?

Posted by maukaya > 2013-10-23 20:10 | Report Abuse

what ever it is , she is going to be big. you know Sapura Kencana more or less lah.

Posted by Klsenewbie > 2013-10-25 10:14 | Report Abuse

maukaya TP = Target Price

Posted by maukaya > 2013-10-30 14:18 | Report Abuse

klsenewbie- the counter will fly soon. trust me. no tp but they are waiting to explode soon. saya mau beli lagi lah.

Posted by Klsenewbie > 2013-10-31 07:58 | Report Abuse

thx maukaya

Posted by maukaya > 2013-11-01 19:34 | Report Abuse

I am going after this counter, I can smell when they talked about striking oil and it is coming because they have more than what they can chew.

Posted by PJTrader > 2013-11-07 11:48 |

Post removed.Why?

Posted by maukaya > 2013-11-11 17:10 | Report Abuse

this counter will hit

Posted by kai8994 > 2013-11-15 15:28 | Report Abuse

Finally...

http://www.theedgemalaysia.com/highlights/263075-highlight-kencana-dayang-petra-units-3-others-win-petronas-rm10b-jobs.html

Posted by cristiano7mu > 2013-11-15 15:31 | Report Abuse

sell on news?

Posted by eht6769 > 2013-11-15 15:36 | Report Abuse

http://www.theedgemalaysia.com/highlights/263075-highlight-kencana-dayang-petra-units-3-others-win-petronas-rm10b-jobs.html

Posted by eht6769 > 2013-11-15 15:36 | Report Abuse

good news....faster collect is cheaper

Posted by jsphyau > 2013-12-19 17:58 | Report Abuse

Anyone hv news on PENERGY? It's completely standstill...... When would there be any good news?

Posted by ghtee > 2014-01-09 11:56 | Report Abuse

penergy price is flying

Posted by gapc5378 > 2014-01-09 12:19 | Report Abuse

Why suddenly? Any news?

Posted by johnny cash > 2014-01-09 13:31 | Report Abuse

Petra Energy (PENB MK)
Technical BUY with +29.1% potential return
Last price : RM2.30
Target Price: RM2.60, RM2.97
Support : RM2.14
Stop-loss: RM2.11
BUY with a target price of RM2.97 with a stop
loss placed below RM2.11. PENB’s share price
made a new high at RM2.60 on 18 Jul 13
before retracing lower and found support
around the RM2.00 region. PENB has traded
within RM2.12 and RM2.20 in the last 30 days
as well as within the “cloud”, indicating a long
period of consolidation. However, yesterday’s
10-sen surge on the back of a higher trading
volume of 1.0m shares (vs 20-day average of
0.1m) suggests a genuine breakout. PENB not
only breached the “consolidation” range but
pulled off a breakout above the “cloud” as well.
Given rising momentum and a bullish
crossover in MACD, we expect upside bias
hereafter with the share price likely to retest
the previous high of RM2.60 in the near term
which, if breached, would likely trigger fresh
buying interest and pave the way toward our
projected target ofRM2.97 in the medium term.

Posted by kassim selamat > 2014-01-09 15:20 | Report Abuse

they must have strike oil lah!!!!

Posted by bursaninja > 2014-01-14 23:40 | Report Abuse

In the news already... sunbiz@thesundaily.com

PETALING JAYA (Jan 14, 2014): Petroliam Nasional (Petronas) has started its first oil production from the Kapal, Banang & Meranti Cluster (KBM) fields, offshore Peninsular Malaysia on Dec 16, 2013.

The KBM Cluster, operated by Coastal Energy KBM Sdn Bhd, has been developed with JV partner Petra Energy under a Risk Service Contract (RSC) since June 2012. This is the third RSC that has successfully achieved oil production, after the Balai Cluster and Berantai Fields.

The KBM Cluster is an eight-year development project with Kapal being in its first development and production phase. The Kapal field facilities consist of one mobile offshore production unit (MOPU), one storage tanker with about 600,000 barrels capacity, one drilling rig with an attached well bay module and two flexible flow lines.

Through this mobile offshore production concept, Petronas plans to continue determining the potential production from the three KBM fields. The initial production rates from the cluster were over 10,000 barrels/day, with peak production reaching 13,000 barrels/day.

To date, Petronas has awarded 10 fields in four clusters under the RSC arrangement. Four fields have commenced production with a total of over 30,000 barrels of oil equivalent (boe) per day.

- See more at: http://m.thesundaily.my/node/237616#sthash.IgRYoLKA.dpuf

Posted by bursaninja > 2014-01-15 01:32 | Report Abuse

Potential to surge

Posted by Yunnan > 2014-02-05 08:16 | Report Abuse

Company strike oil

Posted by Yunnan > 2014-02-05 08:17 | Report Abuse

Will fly today

Posted by speakup > 2014-02-05 10:00 | Report Abuse

look like insiders sell on news

Posted by jsphyau > 2014-02-25 19:05 | Report Abuse

This stock has been staying at 2.35 despite of most other O&G stock sudden dropped for the past few days. Anyone know of any good news for PEnergy?

Posted by azrri > 2014-02-26 05:33 | Report Abuse

Financial year end net profit 11.643 million (increased 56.77%)

Posted by jsphyau > 2014-02-26 09:06 | Report Abuse

To azrri for sharing.

Posted by iafx > 2014-04-25 11:48 | Report Abuse

waseong held 27% of penergy, which PENERGY already had RSC prj with oil strike. more rsc prjs to be awarded by PETRONAS soon.

"JF Apex Research said Petra Energy was reported to be close to bagging a risk service contract from Petronas."

http://www.thestar.com.my/Business/Investing/2014/04/21/Trading-ideas-Titijaya-Bina-Puri-UEM-Sunrise-Petra-Energy-MISC/

Posted by johnny cash > 2014-05-01 20:40 |

Post removed.Why?

Posted by rmjkl > 2014-06-20 08:43 | Report Abuse

any news on this counter? Why no body discuss?

Posted by estan3874 > 2014-08-21 20:54 | Report Abuse

What is the driver of the price for this counter? The PE 80++???

Posted by oldrabbit > 2014-08-23 12:48 | Report Abuse

I am adequately impressed with Public Invest's Aug 22nd write up on Penergy. Just to add further that Penergy has achieved 8m plus PAT for the 2nd quarter .Taking this forward, one can expect some 30+m annually but this does not take into account profits from the risk sharing KBM cluster field. Already producing some 16000 bpd from KB. Question-- how much can this contribute towards Penergy's bottom line in 2015/2016 and onwards. One would not be too far wrong to assume that given a 20% IRR and that capex is touted to be US320m or some RM 900m , profits from the KBM cluster should be appx at least RM 180/200m annually.translating to Penergy 30% portion to some 60m. Moving forward, one can expect Penergy 's profit once KBM contributes would be some 90+m annually.giving an EPS of appx 30 sen or more . .Based on PE of 16/17 times a forward looking price is in the RM5 range. This is only based on existing contract orders and its investment in the KBM cluster. Strong growth trend in earnings is in placed.

Posted by oldrabbit > 2014-09-15 15:56 | Report Abuse

Why did Petra Energy not announce the recent oil production find of 6000 bpd at Banang field as announced by Petronas more than a week earlier. Banang is part of the Kapal, Banang Meranti cluster field (KBM) RSC development. Combined with Kapal production which was announced earlier in the year, the production from KBM cluster is now 16000 bpd, a material development.

Posted by pathew > 2014-10-01 16:38 | Report Abuse

observant has good observations :)

Posted by observant > 2014-10-20 17:53 | Report Abuse

Investors, please take note that the recent sale of 3.15 million Penergy shares by Tabung Haji on Oct 10 was priced at RM2.80 per share. Interesting.Who is buying ?

Posted by observant > 2014-10-23 22:45 | Report Abuse

Oops!!!, Tabung Haji, a substantial shareholder, on the Oct 16th bought back the 3.15 million Penergy shares they previously sold on Oct 10th. Only difference is that they paid RM2.805 for the shares. Why so odd Tabung Haji? Are you simply been silly or ?????