Posted by ks5S > 2022-05-19 13:18 | Report Abuse

confirm profit 150 MIL.

Posted by King_Musang > 2022-05-19 14:10 | Report Abuse

ok Thanks for the information, will buy more today.

Posted by kakiminyak > 2022-05-19 20:40 | Report Abuse

Lets look ahead not in the rear view mirror.

Posted by Icon 888 > 2022-05-20 03:05 | Report Abuse

Oil 115

Posted by hoot9eonly > 2022-05-20 11:13 | Report Abuse

Hengyuan and Hibiscus both started with H is just best. Keep on going....

Posted by Windy1974 > 2022-05-20 11:43 | Report Abuse

Let me again be your fake technical analyst for the day.
Hibiscus has broken previous resistance at 1.38 and holding above the resistance level for now. Barring oil price sharp correction, Hibiscus is expected to scale new heights. As to when it would reach another meaningful resistance, use volumes from end of Feb to mid March as a guide.
Don't trust technical analysts, they can always twist and turn like fortune tellers.

Posted by izoklse > 2022-05-20 15:12 | Report Abuse

Waaa still cannot break 1.5. Come on Hibiscus.

Posted by derrtan > 2022-05-20 15:15 | Report Abuse

no one want to push beyond 1.5

Posted by GeneralXVIII > 2022-05-20 15:25 | Report Abuse

should be today release QR?

Posted by newbie8080 > 2022-05-20 16:12 | Report Abuse

@derrtan
Some may be cautious just in case the QR result is not as expected.
Wait for QR result then decide to top up or sell down.

Posted by Mixologist > 2022-05-20 19:30 | Report Abuse

According to logic, insiders should know by now therefore the price should have jumped already

Posted by rattynz > 2022-05-20 19:31 | Report Abuse

Just be a bit patient. Q1 22 results will be very good, but Q2 22 results will be marvelous.. I reckon RM150mill and almost RM400 mill respectfully.. I believe they are pumping more than they indicated..Close to 30000 barrels a day.. Oil price for Q2 for them will average over US$115 a barrel and USD also now 4.4.. Profit margins also increase as oil goes up, for every dollar of profit above operation break even around 40% is tax bit the rest is pure profit. If you do the math for Q2 you might surprise yourself

Posted by Moneymore > 2022-05-21 00:33 | Report Abuse

Byk untung lah Q3 coming next week, confirm 300M

Posted by bullmarket1628 > 2022-05-22 08:30 | Report Abuse

Report: MoF Inc eyeing financial support for Sapura Energy 
Saturday, 21 May 2022 7:20 PM MYT
By John Bunyan

https://www.malaymail.com/amp/news/malaysia/2022/05/21/report-mof-inc-eyeing-financial-support-for-sapura-energy/8076

KUALA LUMPUR, May 21 — The Minister of Finance (Incorporated) MoF Inc may provide financial assistance to ailing oil-and-gas giant Sapura Energy Bhd, according to sources.

Sources familiar with developments at the wholly-owned Finance Ministry unit told The Edge that the intervention would be made under MoF (Inc) Act, which empowered the finance minister to enter into business transactions for social and strategic purposes.

"From what I know it is MoF Inc that will step up (lend a helping hand to Sapura Energy. What is discussed at present is some sort of assistance package...it could be a grant of some sort and it could be announced soon," one source was quoted as saying in the latest edition of The Edge.

It also said Finance Minister Tengku Datuk Seri Zafrul Aziz has been working on the proposal for several weeks......

Posted by stockraider > 2022-05-22 08:37 | Report Abuse

Very positive news for sapnrg loh!

U see with or without govt help at current price of 6.5 sen sapnrg should do very well if they go thru the restructuring mah!

Of course with govt help, it will do very much better mah!

Very strong buy for sapnrg at 6.5% loh!

Surewin mah!

Posted by bullmarket1628 > 8 minutes ago | Report Abuse

Report: MoF Inc eyeing financial support for Sapura Energy
Saturday, 21 May 2022 7:20 PM MYT
By John Bunyan

https://www.malaymail.com/amp/news/malaysia/2022/05/21/report-mof-inc-...

KUALA LUMPUR, May 21 — The Minister of Finance (Incorporated) MoF Inc may provide financial assistance to ailing oil-and-gas giant Sapura Energy Bhd, according to sources.

Sources familiar with developments at the wholly-owned Finance Ministry unit told The Edge that the intervention would be made under MoF (Inc) Act, which empowered the finance minister to enter into business transactions for social and strategic purposes.

"From what I know it is MoF Inc that will step up (lend a helping hand to Sapura Energy. What is discussed at present is some sort of assistance package...it could be a grant of some sort and it could be announced soon," one source was quoted as saying in the latest edition of The Edge.

It also said Finance Minister Tengku Datuk Seri Zafrul Aziz has been working on the proposal for several weeks......

Posted by bullmarket1628 > 2022-05-22 08:47 | Report Abuse

财经新闻
财政部机构出手救沙布拉能源?
2022年05月21日
https://www.enanyang.my/财经新闻/财政部机构出手救沙布拉能源

（吉隆坡21日讯）财政部机构将出手救助陷入财困的沙布拉能源（SAPNRG，5218，主板能源股）？
财经周刊《The Edge》引述消息人士透露，政府如今打算透过直接隶属于财政部的财政部机构（MoF Inc），援助这家深陷困境的油气服务供应商。

“据我所知，站出来的将是财政部机构。目前正在讨论的是某些援助方案……可能是某种形式的赠款，预料很快会宣布。”

报道也指出，财政部长东姑扎夫鲁早在数周前，就着手拯救沙布拉能源的计划，但政府透过哪家官联机构出手却一直是个疑问。
财政部机构是在1957年财政部机构法令下设立的官联机构，主要目的是投资在私人界缺乏兴趣的社会服务领域。

国家石油（Petronas）、国库控股（Khazanah），以及一马发展公司和负责拯救朝圣基金局的Urusharta Jamaah私人有限公司等，都隶属于财政部机构。
前首相拿督斯里纳吉建议由国家石油出手相救，但市场观察员认为，作为沙布拉能源的客户，国油收购其承包商并非好主意。
而沙布拉能源的最大股东国民投资机构（PNB），在重压下料也不敢贸然伸出援手。

2018年沙布拉能源发行附加股筹资40亿令吉时，国民投资机构豪掷接近27亿令吉，购入大量未被认购的附加股，让手中持股从原本的12.6%，大增至接近40%。
然而，这笔无法为单位基金持有人带来收益的投资，已经引发投资者的不满。
曾经是全球第二大油气服务供应商的沙布拉能源，1月杪的短期债务已经飙高至106.6亿令吉，其严峻的财务危机，已经引发政商界的高度关注。

Posted by Mixologist > 2022-05-23 09:06 | Report Abuse

This should be shooting up this week, correct?

Posted by HuatlaiOnglai > 2022-05-23 09:49 | Report Abuse

Qrt earning result should be out by tomorrow: price going to shoot up once the strong result is reported.

Posted by kahhoeng > 2022-05-23 09:55 | Report Abuse

when's my 1.70???

Posted by derrtan > 2022-05-23 10:47 | Report Abuse

not sure what happend?

Posted by Nepo > 2022-05-23 10:59 | Report Abuse

because QR today out

Posted by Nepo > 2022-05-23 11:06 | Report Abuse

Fly or die, let see..

Posted by dragon328 > 2022-05-23 11:21 | Report Abuse

My estimate is RM150m net profit for Q3 if Rapsol production was 9,000 b/d and RM220m if Rapsol production was 15,000 b/d

Posted by hoot9eonly > 2022-05-23 11:48 | Report Abuse

Nice return on Hibiscus, 77 to 1.46. Is flower so cantikkkkkkkk.... love it

Posted by izoklse > 2022-05-23 11:51 | Report Abuse

Q report today ker ? Bila la sampai RM 2.

Posted by DragonG > 2022-05-23 13:14 | Report Abuse

RHB coverage dated 23rd May 2022 - MYR1.84 FV, based on EV/2P oil reserves of USD10.00/boe.

Posted by iPlay > 2022-05-23 16:57 | Report Abuse

Best day to buy !

Posted by kokchengkai > 2022-05-23 17:44 | Report Abuse

cukai makmur mst clear ..although the QR sales n profit is nice number hahaha takut tak?

Posted by smachian04 > 2022-05-23 18:00 | Report Abuse

Petroleum tax (38%) is higher than cukai makmur (33%)

Posted by izoklse > 2022-05-23 20:26 | Report Abuse

last year 24th May. Maybe this year same.

Posted by looiting > 2022-05-23 20:37 | Report Abuse

Many retailers are going to get trapped soon

Posted by Titanium > 2022-05-24 07:34 | Report Abuse

@looiting. I'm not sure why but when I read your comment, it seems like you envy the retailer and wish to get trapped too. Hehe. .....trapped in the King Solomon mines??

Posted by Markv572421 > 2022-05-24 09:03 | Report Abuse

Can we just relax and hope the result is better rather than accuse bad things without any prove .....what is your mentality .....please be positive,....

Posted by Markv572421 > 2022-05-24 09:16 | Report Abuse

1.45 good entering

Posted by hoot9eonly > 2022-05-24 11:49 | Report Abuse

Still collecting ? this one a bit over. This price wo. hahhaa...

Posted by hoot9eonly > 2022-05-24 11:49 | Report Abuse

Anyhow share price still strong, keep it on

Posted by BeeNeutral > 2022-05-24 12:16 | Report Abuse

Accumulated a bit more at 1.44 B4 the QTR result

Posted by looiting > 2022-05-24 13:18 | Report Abuse

Smart money is running away while dumb money still holding ...ha ha ha

Posted by Markv572421 > 2022-05-24 14:31 | Report Abuse

What happen ...why dropping....

Posted by Mixologist > 2022-05-24 14:33 | Report Abuse

Investors know something

Posted by BeeNeutral > 2022-05-24 14:41 | Report Abuse

Managed to collect a little bit more at 1.41

Posted by colin888 > 2022-05-24 14:43 | Report Abuse

Foreigners exiting cos Malaysia boleh! We are bailing out Sapura Ediot! From the little upside , they are losing more on FX.

Posted by Titanium > 2022-05-24 14:46 | Report Abuse

I think is due to expectation. Some might expect PAT 100M. Some expect 150M and others might expect 200M. Also, this QR result will not be the best yet as Jan - Mar average oil price is lower than Apr & May. Furthermore, Annasuria critical component is not repair yet. Then only able tp produce 60 to 70%. That is why it somehow impact Hibiscus performance. If oil price continue at 100 till year end and 1usd =Rm4.4, hibiscus si beh ang ang ah. I will just do nothing. It will just get better and better.

Posted by ks5S > 2022-05-24 14:54 | Report Abuse

insider buying like crazy
...woo-hoo

Posted by colin888 > 2022-05-24 15:01 | Report Abuse

I believe the management should or can sell all existing oil stocks to monetise the high crude price. Drilling and selling it at a high price is a different story. We need the management to sell at the best possible price to translate them to profits.

Posted by colin888 > 2022-05-24 15:07 | Report Abuse

I have no more money to top up.

Posted by ks5S > 2022-05-24 15:09 | Report Abuse

insider press down to accumulate
I saw this scene many times before good result out

Posted by colin888 > 2022-05-24 15:19 | Report Abuse

Q4 is at 90 mil. Impossible to land this quarter at 100 mil. Should be more than 150 mil. My guess.

Posted by colin888 > 2022-05-24 15:20 | Report Abuse

Oops Q2 not Q4 cos FY June

Posted by moneyster > 2022-05-24 15:49 | Report Abuse

the more sell down, the more you know what’s coming