Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: HOLD | Target Price: 0.63 |
Showing posts with label PERISAI. Show all posts
Showing posts with label PERISAI. Show all posts
May 14, 2015
August 14, 2014
PERISAI - New Rigs will Save The Day
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.83 |
May 16, 2014
PERISAI - Narrowed Losses in 1Q14
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.83 |
March 17, 2014
PERISAI - Adds one new vessel to OSV Fleet
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.92 |
February 17, 2014
Perisai Petroleum Teknologi Bhd - 10% Private Placement to Fund Rigs/MOPU
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 2.02 |
January 2, 2014
PERISAI - 3rd Rig Coming Up
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.87 |
November 14, 2013
Perisai - 3Q13 Boosted by Stronger Ringgit
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.86 |
September 18, 2013
Perisai Petroleum Teknologi Bhd - Long Term Earnings Growth Intact
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 2.02 |
July 15, 2013
Enterprise 3 Contract Extended
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 2.02 |
May 9, 2013
No surprises in 1Q13, in-line with expectations
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.49 |
March 8, 2013
Blazing growth momentum
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.45 |
March 1, 2013
Exercised 2nd rig option
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.39 |
February 8, 2013
Blazing End to Record Year
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.39 |
December 6, 2012
Hong Leong: SJR Marine stake sale positive
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
KUALA LUMPUR: Perisai Petroleum Teknologi Bhd's move to dispose of the remaining 50 per cent stake in SJR Marine (L) Ltd to EOC Ltd was viewed as 'positive' by Hong Leong Investment Bank.
"The disposal will lower debt as the jackup rig is scheduled for delivery in mid-2014, which we believe would be a robust market for drilling during the period.
"The put call option will help to reduce cash outflow when the rig is delivered in mid-2014," the research house said in a note today.
Assuming rig utilisation at 80 per cent and daily charter rate at US$160,000, the topline contribution from the rig would be RM140 million while contribution from the pipelay barges would only be RM67 million, it said.
"Thus assuming that both the rig and pipelay vessel have similar margins, earnings could increase several fold.
"We are positive on the recent proposals as the company is sensible in managing gearing at the same time ensuring that earnings will be enhanced," Hong Leong said.
The research house has maintained a "buy" call on Perisai Petroleum with unchanged target price of RM1.55. -- BERNAMA
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: HLG | Price Call: BUY | Target Price: 1.55 |
KUALA LUMPUR: Perisai Petroleum Teknologi Bhd's move to dispose of the remaining 50 per cent stake in SJR Marine (L) Ltd to EOC Ltd was viewed as 'positive' by Hong Leong Investment Bank.
"The disposal will lower debt as the jackup rig is scheduled for delivery in mid-2014, which we believe would be a robust market for drilling during the period.
"The put call option will help to reduce cash outflow when the rig is delivered in mid-2014," the research house said in a note today.
Assuming rig utilisation at 80 per cent and daily charter rate at US$160,000, the topline contribution from the rig would be RM140 million while contribution from the pipelay barges would only be RM67 million, it said.
"Thus assuming that both the rig and pipelay vessel have similar margins, earnings could increase several fold.
"We are positive on the recent proposals as the company is sensible in managing gearing at the same time ensuring that earnings will be enhanced," Hong Leong said.
The research house has maintained a "buy" call on Perisai Petroleum with unchanged target price of RM1.55. -- BERNAMA
December 3, 2012
10% private placement to fund new rig
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.39 |
November 16, 2012
Enters FPSO venture
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.31 |
September 19, 2012
Renews Charters for OSV Fleet
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.25 |
August 16, 2012
Another rock-steady quarter
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.26 |
August 9, 2012
Steady Earnings Delivery
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.26 |
May 24, 2012
Solid 1Q12 results driven by MOPU
Stock Name: PERISAI
Company Name: PERISAI PETROLEUM TEKNOLOGI
Company Name: PERISAI PETROLEUM TEKNOLOGI
| Research House: TA | Price Call: BUY | Target Price: 1.30 |
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