PERDANA PETROLEUM BERHAD

KLSE (MYR): PERDANA (7108)

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Last Price

0.285

Today's Change

0.00 (0.00%)

Day's Change

0.285 - 0.295

Trading Volume

2,561,900


14 people like this.

7,130 comment(s). Last comment by xenolover 3 weeks ago

Posted by MAMEE MONSTER > 2013-11-19 14:21 | Report Abuse

Today's meeting was great. Soon you will hold 40% extra shares. Can buy more packs of MAMEE to eat. This time it will move faster than CEPAT. Good.

Posted by MAMEE MONSTER > 2013-11-19 15:31 | Report Abuse

EPF is coming. LMF_GAU is also coming buy back

popo

316 posts

Posted by popo > 2013-11-20 20:31 | Report Abuse

why this counter won't move even bonus issued..?

messi2u

284 posts

Posted by messi2u > 2013-11-22 07:13 | Report Abuse

how come never fly high since bonus already approved

Posted by MAMEE MONSTER > 2013-11-22 08:03 | Report Abuse

A close above 16,000 for DJI is very important for a MAMEE market to let everyone eats MAMEE.

Messi2u, if you have bought PERDANA today, you will eat MAMEE tonite.

1600999, great 风水。 Love it. It is the Magic promise from Kawan's Annuall Report 2012.


Thank you KAWAN food.
____________________________________________________________________

To college students ACCA who has stupiak lecturers want to ask you to do project/assignments,
choose PERDANA. Easy-To-Read Annual Reports. Don't choose Bernas.

That BERNAS Annual report will make you head ache.

Choose PERDANA for your assigenments.

Posted by Winnie Ahaha > 2013-11-22 11:28 | Report Abuse

Technically, if you are doing assignments, if lecturer allows any listed company, we need to choose a company that shows "Cost of Sales" and "gross margin" clearly.

Bernas Annual Report does not show clearly what is the cost of sales and gross profit, students may encounter problems when calculation financial ratios.

Is Perdana is a good company to choose?
But lecturer wants to calculate Dividend Yield!!
We need to wait 2 more years before it start giving dividend.

Lecturer will gila-gila and tolak markah if student don't calculate DY. No dividend so, 0%?

Moreover!!!!! MAMEE!!!! PERDANA is doing bonus issue again. 2 bonus for 5.
Lecturer ciak sai punya, mana mereka tau?

If Annual report 2013 is used, students may made themselves PENING KELAPA again,
because most lectures do not actually buy stocks, they just teach.

Even student is right, the lecturer can say wrong.

Maybe, better to choose MAYBANK, AXIATA, MISC, for your assignments is better.

Kuching

38 posts

Posted by Kuching > 2013-11-22 13:22 | Report Abuse

Buy a Canon 1DX

Winnie

18 posts

Posted by Winnie > 2013-11-29 20:21 | Report Abuse

Buy a Canon 1DX mk 2

4u2c

3,553 posts

Posted by 4u2c > 2013-11-30 10:34 | Report Abuse

agree , greater profits coming...share price will increase

ameen007

152 posts

Posted by ameen007 > 2013-12-02 18:18 | Report Abuse

Why got bonus issue still not move up?

edhappy

8 posts

Posted by edhappy > 2013-12-03 09:09 | Report Abuse

can someone explain why a big drop.... from 1.98 become 1.47...... is this related to bonus issue ?.................

usry

1,202 posts

Posted by usry > 2013-12-03 09:10 | Report Abuse

bonos issue.. ex date..

edhappy

8 posts

Posted by edhappy > 2013-12-03 09:35 | Report Abuse

thanks usry....

Posted by baby snake > 2013-12-03 14:33 | Report Abuse

Right time to buy now?

Eddy Khoo

17 posts

Posted by Eddy Khoo > 2013-12-03 14:57 | Report Abuse

I was shocked when I saw the share price tumbled until the explanation. How do I get the bonus issue as I am using Itrade? Now as I see I am holding the same amount still, and loss 25%.
Can someone tell me how it works? Will I be losing or the system (itrade) will add in the shares?

Tanker

25 posts

Posted by Tanker > 2013-12-03 18:11 | Report Abuse

load as much as u can!

Lynes Tan

34 posts

Posted by Lynes Tan > 2013-12-05 14:07 | Report Abuse

what happen? why perdana drop to 1.42...

joelai38

162 posts

Posted by joelai38 > 2013-12-05 17:48 | Report Abuse

Yes is related with the bonus issue and alot contra kaki throw at the beginning. the price will rebound soon.

joelai38

162 posts

Posted by joelai38 > 2013-12-05 17:49 | Report Abuse

eddy khoo, i think your bonus will going to credit to your account by tonight

Posted by Kong_Sing_Yee > 2013-12-25 00:58 | Report Abuse

祝各位
圣诞快乐 新年蒙恩

Posted by olehlehshare > 2013-12-26 14:47 | Report Abuse

jump back to 1.90 soon

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-27 10:12 | Report Abuse

Uptrend ?

Tom

228 posts

Posted by Tom > 2013-12-27 12:00 | Report Abuse

Good Q4 profit. To be revealed on Feb 2014

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-27 12:58 | Report Abuse

My fav ctr ..... it will not disappoint me

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-27 16:08 | Report Abuse

So detail analysis.... chun boh ?

Posted by olehlehshare > 2013-12-27 16:54 | Report Abuse

new cimb TP is RM2.00

LuckyStorm

107 posts

Posted by LuckyStorm > 2013-12-27 17:39 | Report Abuse

The analysis is copy from RHB research.

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-27 17:59 | Report Abuse

Based on last 2 days trading.. it is uptrend 2.00 no problem

Tom

228 posts

Posted by Tom > 2013-12-28 20:30 | Report Abuse

♥ Jerry. Happy New Year!!!

MAMEE's Target 2.22 (pre-bonus issue) is reached.
That's great for you MAMEE's Kawan AR2012 magic.

Posted by BURSAMASTER > 2013-12-29 18:29 | Report Abuse

Perdana Petroleum - Sweet 16
Date: 26/12/2013

Source : CIMB
Stock : PERDANA Price Target : 2.00 | Price Call : BUY
Last Price : 1.57 | Upside/Downside : +0.43 (27.39%)

Back


Target RM2.00 (Stock Rating: ADD)

Perdana has taken delivery of its 16th vessel, which will be deployed to Dayang on a long-term job, wrapping up a year of exceptional turnaround following several washout years. Keep an eye on this company as it takes on more deliveries next year. We continue to value the stock at a CY15 P/E of 15.8x, applying a 30% discount to the average P/E of the oil & gas big caps. The stronger earnings uptick expected in FY14 is the potential re-rating catalyst that supports our Add call.

We continue to value the stock at a CY15 P/E of 15.8x, applying a 30% discount to the average P/E of the oil & gas big caps. The stronger earnings uptick expected in FY14 is the potential re-rating catalyst that supports our Add call.

What Happened
During our meeting with Perdana's management yesterday, we learned that the company has recently taken delivery of its 16th vessel, a work barge named Perdana Protector. The company is set to add two more work barges next year (Figure 1).

What We Think
We are encouraged that Perdana's fleet expansion programme is on track. The operating environment in the marine support space has been very conducive, with improvement in both charter and utilisation rates. Perdana currently fetches a charter rate of around US$2/HP for a 5,000HP anchor handling tug supply vessel, higher than US$1.50-1.80 netted last year. Meanwhile, the company's utilisation rate shot up to a robust 83% in 3Q13 from an estimated 74% in 3Q12. With Perdana Protector, the average age of Perdana's young fleet reduces to less than four years. Around 65% of the company's working vessels are on long-term charters, including those with the company's largest shareholder, Dayang. Perdana has so far mobilised four vessels for the charters with Dayang. It will put Perdana Protector to work, also for Dayang, on a long-term basis effective Feb 2014. To recap, Perdana clinched a 5+1 RM705m contract from Dayang in May 2013 for the provision of six vessels starting from Jul 2013.

What You Should Do
Accumulate the stock and ride the wave of improvement in Perdana's utilisation and charter rates, which supports the company's earnings turnaround in FY13. We expect the positive momentum to continue in FY14 as the company expands its fleet.

Source: CIMB Daybreak - 26 December 2013, Full PDF Report

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-30 00:23 | Report Abuse

Today closing 1.65

Chinghis

69 posts

Posted by Chinghis > 2013-12-30 09:38 | Report Abuse

1.60 i'm satisfy liao...sold everything

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-30 09:50 | Report Abuse

I buy some more...u sell....2.00 target

Chinghis

69 posts

Posted by Chinghis > 2013-12-30 09:57 | Report Abuse

1st time play at this counter...scare scare leh...
anyway, got little bit gain also not bad liao lah...
if continue hold, need to pay money liao...

Tanker

25 posts

Posted by Tanker > 2013-12-30 10:18 | Report Abuse

buy buy buy

Posted by Kong_Sing_Yee > 2013-12-30 12:37 | Report Abuse

I HOPE BURSA WILL DECLARE HOLIDAY EVERY YEAR DECEMBER 31. EVERYONE VERY TIRED.

PerfectWin

960 posts

Posted by PerfectWin > 2013-12-31 08:26 | Report Abuse

today goreng !

Chinghis

69 posts

Posted by Chinghis > 2013-12-31 09:56 | Report Abuse

boh lak to goreng leh...

Posted by pasarborong > 2013-12-31 10:21 | Report Abuse

contra players byk jual...

Jack Knight

1,024 posts

Posted by Jack Knight > 2013-12-31 11:13 | Report Abuse

already finished goreng this, don't get burnt already

Tom

228 posts

Posted by Tom > 2014-01-01 00:01 | Report Abuse

Chinghis

69 posts

Posted by Chinghis > 2014-01-02 12:41 | Report Abuse

1.53 liao wor...

Posted by yusfarisyam87 > 2014-01-02 12:52 | Report Abuse

what happened??

PerfectWin

960 posts

Posted by PerfectWin > 2014-01-02 20:49 | Report Abuse

Dun worry... uptrend.....

PerfectWin

960 posts

Posted by PerfectWin > 2014-01-03 07:15 | Report Abuse

Today afternoon after force selling shall see above 160. Good luck !

LuckyStorm

107 posts

Posted by LuckyStorm > 2014-01-03 14:53 | Report Abuse

To buyer of perdana-wa in this morning:
Well done! 2500 lots still cannot press down the price!
I don't know why you are so confident to buy at RM0.86 but i know something is happening.
Anyway i will stop selling and maybe i will buy back later.
Goodluck to you.

Posted by inikalilah888 > 2014-01-03 15:54 | Report Abuse

Very promising.... :)

othman66

68 posts

Posted by othman66 > 2014-01-04 22:29 | Report Abuse

Ok ker share ini?

almufathal

1,360 posts

Posted by almufathal > 2014-01-04 22:36 | Report Abuse

ok....dayang ok...perdana automatic jadi ok

Posted by inikalilah888 > 2014-01-07 11:14 | Report Abuse

Warming up.... :)

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