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

912,100


14 people like this.

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

lambsauce

332 posts

Posted by lambsauce > 2019-08-22 17:28 | Report Abuse

gg results

LeeHoMah

143 posts

Posted by LeeHoMah > 2019-08-22 17:43 | Report Abuse

actually its not gg . the price are roughly there align with the qr. but tomorrow surely will have huge seller . swift to dayang i think.

riko

2,727 posts

Posted by riko > 2019-08-22 17:47 | Report Abuse

Dayang must be very good

Goldensnow

285 posts

Posted by Goldensnow > 2019-08-22 17:48 | Report Abuse

results not that bad la.. got recover losses. on Q3 should be positive already

Goldensnow

285 posts

Posted by Goldensnow > 2019-08-22 17:53 | Report Abuse

After the seasonally slow start at the beginning of the year, our second quarter of 2019 has
shown marked improvement in chartering activities, resulting in a significant increase in our
quarterly revenue (+145% quarter-on-quarter, +32% year-on-year). We are pleased that we have
achieved our best second-quarter revenue since 2015 which further reinforces our view that the
offshore support vessel market is on the cusp of a sustained recovery.
Our vessel utilization rose sharply to 79% during the quarter, as compared to 36% in the first
quarter of 2019 and 70% in the second quarter of 2018. Correspondingly, our gross profit for the
quarter has fared much better, reflecting the improved underlying operational performance which
excludes the impact of any exceptional items in the financial statements.
We believe that the business environment in the second half of 2019 will be better given the
higher number of vessels that have either been earmarked for Dayang’s offshore maintenance
and hook-up contracts with various oil majors where activities are already projected to be
ramping higher or on contracted charters with oil majors directly. In addition, we are hopeful that
the tightening vessel supply will yield stronger charter rates which will be a boost to our
financial performance.
We now strongly believe 2019 will be an inflection point for Perdana to turn around the business
after weathering various challenges over the past few years. We are confident that our
streamlined operations and the synergistic collaboration with Dayang group coupled with the
various on-going restructuring and corporate exercises will propel Perdana towards better times
and to emerge a stronger company by 2020

Goldensnow

285 posts

Posted by Goldensnow > 2019-08-22 17:53 | Report Abuse

BNM also approved their debt restructuring.

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-08-22 17:59 | Report Abuse

Yes. If u read the report carefully it is actually not bad and improving with the sayang from dayang

Posted by birkincollector > 2019-08-22 18:05 | Report Abuse

improved alot already

Lol

129 posts

Posted by Lol > 2019-08-22 18:13 | Report Abuse

future good ...u win

LeeHoMah

143 posts

Posted by LeeHoMah > 2019-08-22 19:15 | Report Abuse

But tomorrow still can see many ppl sell Perdana and buy Dayang .

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-22 20:34 | Report Abuse

tomorrow fast2 cut win, then can buy back later.. why? hibiscs even post profit also down.. sentiment not good

Posted by birkincollector > 2019-08-22 21:54 | Report Abuse

different la.....perdana improved alot from last quarter, not hibiscs

Zhuge_Lin

441 posts

Posted by Zhuge_Lin > 2019-08-23 08:44 | Report Abuse

Golden rule: 2 negative quarter, SELL!!!

Chokhmah

256 posts

Posted by Chokhmah > 2019-08-23 08:47 | Report Abuse

technical sell

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-08-23 09:01 | Report Abuse

Aitoo why no drol. I wana collect more at low price

HazByn

842 posts

Posted by HazByn > 2019-08-23 09:31 | Report Abuse

panic sell only for newbies....hustler will add more...

winmal

1,128 posts

Posted by winmal > 2019-08-23 09:44 | Report Abuse

after Dayang result out, Perdana wlil not selling at 0.335

Everhappy

252 posts

Posted by Everhappy > 2019-08-23 09:50 | Report Abuse

When Dayang result out?

sheep

3,850 posts

Posted by sheep > 2019-08-23 10:12 | Report Abuse

sell on strength...what else..

titus

4,159 posts

Posted by titus > 2019-08-23 11:18 | Report Abuse

Is perdana also doing right issue? So Dayang is doing right issue to raise money for perdana and perdana is doing right issue to pay back money to dayang????

Will76

591 posts

Posted by Will76 > 2019-08-23 11:29 | Report Abuse

Q1 - Net Loss = 32.9Mil
Q2 - Net Loss = 5.4Mil

BACK-TO-BACK NET LOSS! BAD!

Right Issue coming.(By end 2019) Another NEGATIVE catalyst!

Bina Puri & Icon announce Right Issue recently and their share price PLUNGE about 30% after announcement.

PERDANA ALSO LIKELY TO PLUNGE ABOUT 30% AFTER RIGHT ISSUE ANNOUNCEMENT.

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-08-23 11:52 | Report Abuse

Write a comment..l sell sell. Sell to papa

titus

4,159 posts

Posted by titus > 2019-08-23 11:54 | Report Abuse

Perdana market cap is 253M but intend to raise up to 455M (min) and max of 506m??? meaning 1 perdana share will entitle to be 2 or 3 RI???

titus

4,159 posts

Posted by titus > 2019-08-23 12:35 | Report Abuse

Perdana must complete the Debt restructuring before 31st Dec'19. Meaning there is about 4 months for them to announce the RI. Even though it will be fully subscribed if no other shareholder willing to subscribe, but doesn't it dilute the earning and the saving in interest seems meaningless in this exercise. Can anyone enlighten?

Posted by Leong Wey Chyuan > 2019-08-23 14:35 | Report Abuse

Earning dilute is better than making losses

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-08-23 14:53 | Report Abuse

Yes. Sell more sell more. Sell to papa

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-08-23 14:54 | Report Abuse

This evening if dayang qr green green. Perdana fly tomorrow

Goldensnow

285 posts

Posted by Goldensnow > 2019-08-23 15:26 | Report Abuse

Tomorrow market open for u?

swchin2

12 posts

Posted by swchin2 > 2019-08-23 22:22 | Report Abuse

By Monday, sure gap up....

MAHza

60 posts

Posted by MAHza > 2019-08-26 08:13 | Report Abuse

Hi will76,the purpose RCPS to avoid speculation of perdana financial stability and its be offer to Dayang wit 30% disct from 5 days VWAMP..This proposal will complete by 4th quarter 2019.The anouncement on may.If the perdana market price fall below 0.35,then more RCPS unit need to be issues to Dayang for them to achieve 455mil which means Dayang % share will be increase..So,will perdana let the stock price down?

titus

4,159 posts

Posted by titus > 2019-08-26 08:24 | Report Abuse

MAHza, interesting point but by your argument, I would say Dayang will then let the stock price down because it is more beneficiary for dayang if the share price is low and Dayang is the major shareholder of Perdana.

rsim03

333 posts

Posted by rsim03 > 2019-08-27 17:24 | Report Abuse

If O n G rebound , perdana will be rise...

dlau8899

915 posts

Posted by dlau8899 > 2019-08-28 12:34 | Report Abuse

Crude oil price up, may perdana will follow up

MAHza

60 posts

Posted by MAHza > 2019-08-28 15:04 | Report Abuse

https://www.klsescreener.com/v2/news/view/572902

Hope this news will be catalyst the price

dlau8899

915 posts

Posted by dlau8899 > 2019-08-28 20:55 | Report Abuse

Crude oil price up,perdana follow up tomorrow

Posted by acinanatucer > 2019-08-29 11:54 | Report Abuse

O&G stocks regain interest as crude price stabilises

“Oil prices firmed recently but we believe the drivers behind this are likely to be short-lived,”

https://klse.i3investor.com/blogs/ongmy/222272.jsp

HazByn

842 posts

Posted by HazByn > 2019-08-29 14:07 | Report Abuse

Will76: what did Perdana ever do to you?...

signalmw

3,314 posts

Posted by signalmw > 2019-08-29 14:17 | Report Abuse

Good bjy

dlau8899

915 posts

Posted by dlau8899 > 2019-08-29 16:25 | Report Abuse

Rebound

HazByn

842 posts

Posted by HazByn > 2019-08-29 16:26 | Report Abuse

syhhhhh...dont tell people it rebound...

dlau8899

915 posts

Posted by dlau8899 > 2019-08-29 23:34 | Report Abuse

Crude oil up, carimin , Knm all oil and gas company continue make profit, Perdana will follow oil and gas trend continue up tomorrow

MAHza

60 posts

Posted by MAHza > 2019-08-30 17:21 | Report Abuse

Will76 u keep post down down down in all forum...u really mad becoz may be u lost in all stock...u buy high,then panic u sell low..now no money to buy and u envy wit the potential perdana..u should invest car not in stock..

HazByn

842 posts

Posted by HazByn > 2019-09-04 11:15 | Report Abuse

when are you going to fly perdana?

jnal

236 posts

Posted by jnal > 2019-09-04 11:37 | Report Abuse

just wait good news today..

ahbeng

81 posts

Posted by ahbeng > 2019-09-04 17:05 | Report Abuse

HazByn Just cut loss already.. no hope for this counter

zhihern98

127 posts

Posted by zhihern98 > 2019-09-04 17:08 | Report Abuse

Drop = no hope? Lol

jnal

236 posts

Posted by jnal > 2019-09-04 18:30 | Report Abuse

Wait for big news coming soon..

HazByn

842 posts

Posted by HazByn > 2019-09-05 15:11 | Report Abuse

yeah yeah will76.thank you for your concern.now f off...

Wil8845

5 posts

Posted by Wil8845 > 2019-09-05 20:02 |

Post removed.Why?

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