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 SAPCRES

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cherroy
post Mar 26 2008, 10:28 PM

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QUOTE(SKY 1809 @ Mar 26 2008, 09:02 PM)
Sapuracrest in the black

PETALING JAYA: Sapuracrest Petroleum Bhd posted net profit of RM78.36mil for the financial year ended Jan 31, 2008 from a net loss of RM17.70mil a year ago.

It said Wednesday that the turnaround was due to its pipelines and installation, drilling, operations and maintenance businesses. Revenue rose 28% to RM2.26bil from RM1.76bil. Earnings per share was 7.49 sen.

It recommended a first and final gross dividend of two sen per share.
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So so result only. 7.49 cents is not fully diluted yet. Its warrant almost cover 1/3 of its paid up capital or outstanding shares. Diluted might mean around 5-6 cents only. At 6 cents, with share price of 1.20 might mean PER 20x.
But what matter most about share price is future performance but still it needs to post more improvement in term of earning in the future to support its share price to a higher level. <-- which on paper, it should do due to higher prospect for oil and gas related industry but whether it can deliver or not is another question.

Not meant to recommend buy or sell.
SKY 1809
post Apr 17 2008, 05:48 PM

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Sacpres moved from Post GE low of below RM 1.00 to RM 1.50 now.

Not bad except fundamentally not strong at all ( unlike Pbank. )

But with a 50% capital appreciation within such a short period looks good.

Just putting up a note here.

This post has been edited by SKY 1809: Apr 17 2008, 07:19 PM
panasonic88
post Apr 17 2008, 08:34 PM

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QUOTE(SKY 1809 @ Apr 17 2008, 05:48 PM)
Sacpres moved from Post GE low of below RM 1.00 to RM 1.50 now.

Not bad except fundamentally not strong at all ( unlike Pbank. )

But with a 50% capital appreciation within such a short period looks good.

Just putting up a note here.
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i can recall that you got some at RM 1.20 tongue.gif

yeah, SAPCRES share price appreciated 50% in less than 2 months time.

same goes to SAPCRES-WA, from 0.440 to today's closing, 0.770

jongkolkhoo
post Apr 20 2008, 10:43 AM

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oh my god, sapcrest fundamental not strong one ka? as in bo lat (no strengh)
like this i gotta sell it off and collect my kfc before the sapcres vouchure expire.
arigato pana san.

Babablacksheep
post Apr 29 2008, 06:15 PM

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drop till 4.51 now
wat say u all?
i in liao 10 hands.
hanif444
post Apr 29 2008, 06:25 PM

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Anyone going for sacpres?
zamans98
post Apr 29 2008, 10:07 PM

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SAPCRES steam exhausted...
joanalooidog
post Apr 30 2008, 11:30 AM

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now loosing steam, hope will boost up soon.
Babablacksheep
post Apr 30 2008, 12:32 PM

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drop till 1.48 liao... T_T
hanif444
post Apr 30 2008, 06:19 PM

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waiting for bource back...
TSlow yat 82
post May 1 2008, 12:45 PM

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IMHO, if this ctr can stay above d upper trendline, d possibility to hit TP 2.2 or more is higher... this ctr shud never close 3-5% below d uppertrendline.. good luck


anyway, d volume doesnt looks good though.. need more data to confirm this though wink.gif


user posted image
Babablacksheep
post May 1 2008, 01:23 PM

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thanks ly82 for the chart nexus analysis.
hope sapcres bounce back!
Vv.SoViEt.vV
post May 1 2008, 02:05 PM

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QUOTE(low yat 82 @ May 1 2008, 12:45 PM)
IMHO, if this ctr can stay above d upper trendline, d possibility to hit TP 2.2 or more is higher... this ctr shud never close 3-5% below d uppertrendline..  good luck
anyway, d volume doesnt looks good though.. need more data to confirm this though wink.gif
user posted image
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If you see daily chart, parabolic shows downtrend started on 29/4. Have to wait second round to see if it will break 1.60 resistance again before talking abt 2.2. Next support around 1.3. Why do you say TP at 2.2? 1.9 should be safe.
TSlow yat 82
post May 1 2008, 03:06 PM

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QUOTE(Vv.SoViEt.vV @ May 1 2008, 02:05 PM)
If you see daily chart, parabolic shows downtrend started on 29/4. Have to wait second round to see if it will break 1.60 resistance again before talking abt 2.2. Next support around 1.3. Why do you say TP at 2.2? 1.9 should be safe.
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my TP is based on research in stock n forex.


hanif444
post May 2 2008, 03:40 PM

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coming up...
joanalooidog
post May 7 2008, 10:55 AM

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Sapcres is going up now. Wat should be the good price to sell?
They r issueing ESOS?
Seng_Kiat
post May 7 2008, 12:25 PM

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QUOTE(joanalooidog @ May 7 2008, 10:55 AM)
Sapcres is going up now. Wat should be the good price to sell?
They r issueing ESOS?
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up? .. it is downing .. tongue.gif .. i own 3k units .. aih .. sad.gif ..
joanalooidog
post May 7 2008, 12:31 PM

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QUOTE(Seng_Kiat @ May 7 2008, 12:25 PM)
up? .. it is downing .. tongue.gif .. i own 3k units .. aih .. sad.gif ..
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when i'm typing its rising mah...........
Now its coming down, aih..........
Hope it will maintain the price after ESOS and continue to rise lah.
Seng_Kiat
post May 7 2008, 03:30 PM

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i hope it will rise .. really hope .. biggrin.gif ..

yesterday, oil price is 117++ .. o&g stocks were rising .. but now .. oil price at 120 .. decrease .. why ha? ..
joanalooidog
post May 7 2008, 04:20 PM

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dunno leh. But to tell u that tomorrow Sapcres i think will drop, ESOS leh.....
Others oil counters doesn't seem rising as well today although the Oil price at 120. I also dunno y..

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