PERDANA PETROLEUM BERHAD

KLSE (MYR): PERDANA (7108)

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Last Price

0.285

Today's Change

+0.005 (1.79%)

Day's Change

0.28 - 0.29

Trading Volume

2,998,100


14 people like this.

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

Posted by T800Terminator > 2019-05-27 16:02 | Report Abuse

0.175 coming............drop non stop. Don’t break previously support.....

HazByn

842 posts

Posted by HazByn > 2019-05-27 16:08 | Report Abuse

why you didn't say 0.005? makes everyone feel better.

Posted by InvestsucessTrader > 2019-05-27 16:20 | Report Abuse

can accumulate at 0.20,

Goldensnow

285 posts

Posted by Goldensnow > 2019-05-27 17:16 | Report Abuse

time to accumulate. going up!

Posted by T800Terminator > 2019-05-27 17:29 | Report Abuse

New RCPS will flood NOSH and diluted EPS. What make you think will up? If 0.175 won’t hold, see you at 0.125. Good luck.

Goldensnow

285 posts

Posted by Goldensnow > 2019-05-27 17:55 | Report Abuse

wow.. good for you.

Posted by SahamMonk69 > 2019-05-27 18:49 | Report Abuse

Back to pre rally price. Wait for 15 cents to collect

Posted by T800Terminator > 2019-05-27 20:51 | Report Abuse

Minimum 0.21???? In your dream. After PP yeah....2 become 1 you get 0.21 maybe if you are lucky. Kikikiki.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-28 07:32 | Report Abuse

invest in o&g, a false start or a new dawn? more to false start

debt cannot be paid and earnings not sustain, end up with cash call and dilution making less attractive

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-05-28 07:35 | Report Abuse

from drillers to hook up, fpso and osv, all not performing even oil price improving, it needs more than time than expected, another 1-2 years possibly

rob_z3_man

1,833 posts

Posted by rob_z3_man > 2019-05-28 15:31 | Report Abuse

Debt Black Hole

Datuk Ling gonna cut loss

Posted by T800Terminator > 2019-05-28 18:52 | Report Abuse

TP 0.175

Posted by InvestsucessTrader > 2019-05-28 19:46 | Report Abuse

All O&G stocks have debts problems, A flash in the pan,prefer constructions stock better,

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-28 20:05 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.195??????

Is that really ridiculous?????

(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price, and now MIDF giving target price of 0.32 from 0.25)

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-28 20:05 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.195??????

Is that really ridiculous?????

(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price, and now MIDF giving target price of 0.32 from 0.25)

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-28 20:05 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.195??????

Is that really ridiculous?????

(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price, and now MIDF giving target price of 0.32 from 0.25)

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-05-28 20:06 | Report Abuse

Buy bumi Armada (super super undervalued stock, and big shark still busy keep collecting stupid shorties shares)

Can you imagine, previous 2 good news like debt restructuring, able to move the price up from 0.21 to 0 285, then securing new India FPSO project, move the price up from 0.21 to 0.25, then all dropped back all the way to 0.18 from 0.25

Now with positive quarter report, price only up from 0.185 to 0.195??????

Is that really ridiculous?????

(MANIPULATION by shark and EPF behind too OBVIOUSLY, to collect more n more stupid shorties shares again and again, NON stop one

EPS 0.01 x PE minimum 10= 10cents (PE 10 is quite conservative already)

With EPS 1cent, but not able to move the share price up for 10cents, not even 5cents up

And you see the trading pattern, shark still busy collecting shorties shares at 0.195)

(Kindly take note that hongleong giving fair valuation at 0.33 before this quarter result, and aminvest giving 30% discount from its FAIR value of 0.33 before quarter this result also, not target price, it's FAIR valuation price, and now MIDF giving target price of 0.32 from 0.25)

Alert003

93 posts

Posted by Alert003 > 2019-05-29 15:17 | Report Abuse

fake push.. will close at 0.27

Alert003

93 posts

Posted by Alert003 > 2019-05-29 16:01 | Report Abuse

fast drop imma eat all

Drybz

50 posts

Posted by Drybz > 2019-05-29 22:30 | Report Abuse

Perdana suppose staying at a much better position... all thanks to the RI announcement

kser

158 posts

Posted by kser > 2019-05-30 03:41 | Report Abuse

yesss! contract again!

siaoliao

917 posts

Posted by siaoliao > 2019-05-30 08:32 | Report Abuse

SELL !!! contract nt enuf paying those fking debt

teoct

480 posts

Posted by teoct > 2019-05-30 09:41 | Report Abuse

Excellent news. The umbrella contract is from PETRONAS! No wonder the other day Perdana talked about chartering foreign vessels as their current 16 vessels will be all used up by 2H 2019.

OrlandoOIL

4,909 posts

Posted by OrlandoOIL > 2019-05-30 11:04 | Report Abuse

How many umbrella is Petronas buying fr Perdana?

HaHaHa

Ella ella ella under my umbrella ella ella

OrlandoOIL

4,909 posts

Posted by OrlandoOIL > 2019-05-30 11:04 | Report Abuse

Pathetic fallacy

Alert003

93 posts

Posted by Alert003 > 2019-05-30 14:22 | Report Abuse

today close 0.3

Goldensnow

285 posts

Posted by Goldensnow > 2019-05-30 14:48 | Report Abuse

Where the fella say it will be .175? Haha

Posted by Johnwick3709 > 2019-05-30 15:02 | Report Abuse

Let it fly to 40 sen today... Time to make everyone here happy.

Goldensnow

285 posts

Posted by Goldensnow > 2019-05-30 15:32 | Report Abuse

BustaOTB you da man!

Goldensnow

285 posts

Posted by Goldensnow > 2019-05-30 15:41 | Report Abuse

thank you perdana!

Posted by Johnwick3709 > 2019-05-30 15:50 | Report Abuse

Really impressive.. Volume not that much but the price increase dramatically... 40 sen seems possible.

VenFx

14,784 posts

Posted by VenFx > 2019-05-30 15:55 | Report Abuse

Wah lao
Why very rocket

azta12

5,594 posts

Posted by azta12 > 2019-05-30 15:57 | Report Abuse

hantam again

Posted by Johnwick3709 > 2019-05-30 16:26 | Report Abuse

Walao. Dayang @ 1.020.. Congrats

azta12

5,594 posts

Posted by azta12 > 2019-05-30 16:44 | Report Abuse

grab

Posted by birkincollector > 2019-05-30 20:02 | Report Abuse

perdana keep getting petronas jobs recently

Posted by Ying Yan Lim > 2019-05-30 20:58 | Report Abuse

open at 40 sen

Chris Khoo

387 posts

Posted by Chris Khoo > 2019-05-30 22:12 | Report Abuse

The ARBB preference share icps is very cheap and have good chance of arbitrage gain compare DWL-PA. Example of 10000unit of icps RM2350 + RM1900 = 10000 motheronly @RM4250 compare mother share value of RM4650.. Profit of RM4300 or near to 10%

Will76

591 posts

Posted by Will76 > 2019-05-31 00:32 | Report Abuse

Oil price plunge 2%. Will Perdana drop a lot tomorrow?

Posted by Johnwick3709 > 2019-05-31 05:26 | Report Abuse

I don't think the oil price to drop and remains flat for a long period of time... It will rebound. Once the trade war and tension with the opec countries settle, it will increase again.. But, yesterday rally was not based what the oil price was traded. Purely due to announcements and the future prospects of this counter I believe. Let see today.

Will76

591 posts

Posted by Will76 > 2019-05-31 10:07 | Report Abuse

Be RATIONAL guys. Oil price plunge to USD66/barrel & Perdana doing right issue at 0.26, yet people are buying above 0.30.

Looks like trade war between CHINA & USA will intensified further. I suspect oil price will plunge further, maybe below USD60 next month.

Its time to SELL and NOT BUY. Be RATIONAL guys

siaoliao

917 posts

Posted by siaoliao > 2019-05-31 11:39 | Report Abuse

be panic guys........the only way to win is cut loss......RUN FOR YOUR LIFE !!

Posted by VICTORYU37007 > 2019-05-31 13:29 | Report Abuse

Pump....Dump...

Posted by vested888 > 2019-05-31 13:41 | Report Abuse

Pls understand what's an illustration before commenting and looking silly. RI price has not been set yet, and is definitely not 0.26 lol

The Issue Price shall be determined and announced by the Board at a later date after
obtaining all relevant approvals but before the announcement of the Entitlement Date and
after taking into consideration the following:
(a) prevailing market price of PPB Shares which include, among others, market sentiment
and volatility of the Malaysian stock market;
(b) the 5-day VWAMP of PPB Shares immediately preceding the price-fixing date, with a
discount of up to 30% to the said 5-day VWAMP; and
(c) the funding requirements of PPB and its subsidiaries (“PPB Group” or the “Group”)
as set out in Section 3 of this Announcement.

For illustrative purposes, the Issue Price is assumed at RM0.26 per RCPS throughout this
Announcement

Posted by oldbeginner > 2019-05-31 13:42 | Report Abuse

I already dumped yesterday and made some heavy losses.... in view of the right issue exercise, I'm not going to pump in more money for this company.

Goldensnow

285 posts

Posted by Goldensnow > 2019-05-31 16:50 | Report Abuse

Lol.. who said RI is at 0.26? Thats only an assumption.

Will76

591 posts

Posted by Will76 > 2019-06-02 15:51 | Report Abuse

Wow! Oil price PLUNGED 5% to USD62/barrel last Friday.

Perdana most likely DROP A LOT tomorrow.

I will sell first thing in the morning

Posted by VICTORYU37007 > 2019-06-03 07:41 | Report Abuse

Q buy @ 25

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