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[公司专区] 7108 PERDANA 柏達納石油

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发表于 2011-5-12 17:38 | 显示全部楼层
Petra Perdana gets RM73m charter jobs

KUALA LUMPUR: Oil and gas support services outfit Petra Perdana Bhd has secured charter contracts for three mid-sized anchor handling tug supply (AHTS) vessels worth a total of RM73 million.

In an announcement to Bursa Malaysia yesterday, the company said the first contract, for a 12,000 brake horse power (BHP) AHTS, is for a six-month charter from May 1 for deployment in Labuan. The second involves another 12,000 BHP AHTS for an 18-month charter from May 7 to work from Petra Perdana’s Kemaman base.

Petra Perdana said each of the charters can be extended for up to two months. Apart from the new charters, the company said it had also secured a one-year charter renewal for a 10,800 BHP AHTS vessel currently supporting Petronas Carigali Sdn Bhd’s operations, effective June 23.

Petra Perdana managing director Shamsul Saad said the new charters confirmed that demand recovery was well in progress, especially in the medium-sized AHTS segment.

Petra Perdana’s current fleet includes 16 newbuilds from its fleet renewal programme that began in 2007. The programme is slated for completion in 3Q11 with the delivery of a work barge.

Shamsul said the cost of fitting out and mobilising the vessels took a heavy toll on the company’s cash flow and bottom line given the absence of new charter demand.

Petra Perdana’s associate company Petra Energy saw its net profit for 1QFY11ended March 31 fall 41.6% to RM4.8 million from RM8.2 million a year earlier.

Revenue fell 13.4% to RM132.3 million compared with RM152.9 million a year earlier. Earnings per share stood at 2.44 sen against 4.18 sen. No dividend was declared for the quarter under review.

Petra Energy said the lower revenue was mainly due to decreased business activities in the integrated brownfield maintenance sector.Petra Perdana ended trading at 99.5 sen, gaining 4.5 sen, while Petra Energy closed at RM1.60, inching up two sen.

http://www.theedgemalaysia.com/i ... m-charter-jobs.html

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发表于 2011-5-13 00:48 | 显示全部楼层
必达获7310万特许合约
2011/05/12 11:04:40 AM
●南洋商报

(吉隆坡11日讯)必达(Petra,7108,主板贸服股)向马交所报备,获颁总值7310万令吉的新租赁合约,以提供3艘中型起锚支援拖船(AHTS)。

必达的文告显示,上述合约共有两份,包括:

1. 从5月1日起,为期6个月的一艘1万2000制动功率(bhp)起锚支援拖船,将出租至纳闽(Labuan);

2. 从5月7日起,为期18个月的另一艘1万2000制动功率(bhp)起锚支援拖船,出租至甘马挽(Kemaman)。

上述合约将可在约满后续租长达两个月。

此外,必达也获得一份1年期、一艘1万800制动功率(bhp)起锚支援拖船的租赁合约更新,以继续支援国油勘探(Petronas Carigali)的运作。新合约将从今年6月23日起开始生效。

净利猛挫41%

必达透露,公司新船使用率已经得到改善,从年初的低于60%,增长至目前超过80%。必达现在拥有16艘新船。

装修和调动船只的成本,曾在缺乏出租需求时使公司现金流和盈利负担沉重。

另外,截至2011年3月31日财年首季,必达(Petra,7108,主板贸服股)净利猛挫41.59%,报476万令吉,上财年同期为814万9000令吉。

营业额则录得1亿3232万4000令吉,较上财年同期的1亿5286万7000令吉微跌13.4%。

http://www.nanyang.com/NewsCente ... mp;SID=7&CID=12

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发表于 2011-5-17 00:10 | 显示全部楼层
营业额下跌。。。没眼看。。。

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发表于 2011-6-2 20:29 | 显示全部楼层
petra 要改名啦,
不懂它还有戏看吗??又回到九角多了。。。

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x 99
发表于 2011-6-4 13:30 | 显示全部楼层
petra 要改名啦,
不懂它还有戏看吗??又回到九角多了。。。
wallace 发表于 2011-6-2 20:29



其实改名有什么好处??

旧的:PETRA PERDANA BERHAD
建议:Perdana Petroleum Berhad

让人知道他是做油的

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发表于 2011-6-4 13:48 | 显示全部楼层
小弟觉得~应该买daya还是pantech会比它好~哈哈~个人意见

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x 385
发表于 2011-6-5 08:00 | 显示全部楼层
其实改名有什么好处??

旧的:PETRA PERDANA BERHAD
建议:Perdana Petroleum Berhad

让人知 ...
帝王 发表于 2011-6-4 13:30


也许那是因为PETRA这个字眼是和之前的王子名字一样。

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发表于 2011-6-6 16:37 | 显示全部楼层
必達能源首席執行員:卡瑪魯巴哈林‧
必達能源整裝待發

投資致富財經焦點 2011-06-05 18:30


會計師出身的卡瑪魯巴哈林,精通財務與數字,惟沒有阻礙他在會計以外領域如建築業任職時達到成功,交出亮麗的成績單。

如今,他接受新的挑戰改軌道轉戰油氣業,擔任油氣公司——必達能源的首席執行員兼執行董事,進入發展空間與潛能較佳的行業,也能得心應手。

他於日前在接受《投資致富》專訪時,發表他在必達能源的發展,以及一些管理秘訣與願景。

管理原則:萬不離宗

作為一名特許會計師,卡瑪魯巴哈林是首次在油氣領域工作,惟他認為,這並不會影響他的工作表現,因為不論是哪個行業,會計部門都是重要的關鍵領域。他舉個例子,他會計師的專業,一樣可以在建築業領域表現良好。

他回憶,他在朝聖基金局旗下建築公司——TH科技任職擔任高級人員時,當初的繳足資本僅區區的50萬令吉,不過,當他在14年後離開時,該公司的繳足資本已達到2千萬令吉,前後為公司賺取了6千萬令吉的盈利,以及留下了約7千萬令吉的現金。

TH科技公司也在本地建築業領域留下良好的信譽,特別是完成一些棘手及其他公司未能完成的“問題”建築工程計劃,包括一些出現問題的政府建築工程如醫院等計劃。

財務數字或會計領域
共同點多


他表示,無論是哪個行業,它們在財務數字或會計領域都有很多共同點,都是可以應用活用。他也舉例,亞洲航空(AIRASIA, 5099, 主板貿服組)的領導人拿督斯里東尼費南達斯,他也不是航空業出身,不過,他在航空業的成就則是大家有目共睹的。

管理原則往往有共同點,包括供應鏈、現金流等,都是每家公司或行業都會關注的,並把它們落實及實踐。

他表示,他從建築業轉換軌道進入油氣業領域,因為目前的建築業已是非常“擁擠”,參與者多及競爭激烈,反觀油氣業的發展空間很大,往往參與競標同業不會很多,是個擁有良好前景的領域。而他要搭上這輪油氣發展火車的行列,以圖在另一個新的跑道里展拳腳。

設部落格與股東聯繫

為了提高公司透明度,以及與股東及利益持有人維持良好的聯繫與通訊,他本身設立了一個部落格,以作為公司業務及各項領域活動的一個互動平台,它是設立在公司的網站裡,內容包括油氣業及相關事宜的文章與訊息。

尋科技夥伴
加強競爭力


目前該公司要做的數件重大事情,就是設立一強穩的成本及供應鏈系統,以及合約管理(主要檢驗成本及加以剖解以達到最佳成本效益)。打造強勁的人力資源,以及強穩的內部財務管理。

同時,該公司也有意與科技伙伴進行合作,以便加強該公司的實力與科技能力,以競標或攫取更廣的工程合約。

暫不進軍海外

詢及必達能源會否進一步涉足海外市場時,他表示,目前該公司將會專注在國內市場,因為它仍然擁有很大發展潛能及商機,暫時不會進軍海外市場。不過,會考慮與外國科技合作伙伴聯手發展業務與專業領域。

管理哲學:公私分明

卡瑪魯巴哈林認為,領導能力是企業高層最重要的條件。為了使屬下遵循計劃進行,管理層必須要與員工建立起良好的關係,最重要是要照顧員工,不過,必須要公私分明,以免影響公司的營運與順利的操作。

他認為,企業必須要100%的專注它的意圖或計劃,反而在執行方面可讓員工發揮他們的創意。因為執行方法可能有很多種,不過,必須确保公司的意圖或計劃最後能夠達到預期的目標。在開始執行時,腦海中就必須要有最後的成績或成果。

盼成一站式油田供應商

詢及該公司的遠景時,他表示,他希望必達能源能夠成為具領導地位及首選的“一站式”全方位油田服務供應商,特別是在國內及區域的上游油氣業領域。

他表示,為使公司業務進入新的更高層次,該公司將提昇其企業核心價值,包括注重創新、素質、團隊及客戶專注等4大核心價值。

談到公司素質時,他表示,打從公司的藍圖至完成,從程序至交貨,及建築至啟用等,都要确保高素質標准,並且不會給於妥協。

重視人力資源

公司最主要的挑戰,就是要培育更多素質良好的員工及留住他們,因為油氣業蓬勃需要更多各級員工加入服務行列。目前該公司擁有的2千600名員工依然不足及短缺。

他表示,該公司向來很“照顧員工”,因為除了福利以外,也為員工提供所需要的訓練,協助他們發展事業,往往使他們在5年裡,學習到的職業知識及所得,相等於其他領域可能要花費10年時間,並且确保他們在工作上獲得滿足感,提供良好的工作環境,才可能或更有希望繼續留在公司服務。該公司的成功實有賴於獲得良好訓練及激勵的員工團隊。

留住人才助企業長期成長

他認為,若是沒有正确適合的人力資源,沒有任何企業或組織可以向前發展。有鋻於此,該公司不時加強員工的技能,持續不斷地投資在適當的人力資源的訓練課程,包括內部與外部的訓練。除此之外,該公司也認為有必要吸引及保留住最佳的人力資源,以确保公司的長期成長。

卡瑪魯巴哈林驕傲地指出,該公司已成功聘請該行業里的最佳人才,預料日後會有更多將加入公司陣營。

業務穩健
遠離董事糾紛


卡瑪魯巴哈林先談去年的必達能源發生的董事糾紛,他說,在過去的9個月,該公司的業務恢复穩定。而該公司有能力在去年杪攫取國油的4億令吉工程合約,即可見一斑,顯示公司已不再受到董事糾紛事件的影響。

必達能源是於去年杪獲得國油探勘(PETRONAS CARIGALI)頒發岸外設備合約,以負責國油探勘岸上及岸外的准工作,及供相關設備、人力、船艦與其他相關服務。從2010年12月2日生效,直至2012年12月1日為止。

他表示,預料其中的2億令吉合約會在2011年落實,另外的2億令吉則在2012年財政年落實。為期兩年及可續約一年。

一切合約已經簽定及開始投入營運,預料會在今年6月間開始作出盈利貢獻。

手握13億合約

他表示,若以平均10%賺幅為准,在2011年及2012年各作2千萬令吉盈利貢獻。目前,該公司總共握有13億令吉合約,包括蜆殼石油(SHELL, 4324, 主板工業產品組)的約6億令吉的工程合約,以為後者提供鑽油台的維修及相關服務,業務照常。

大馬油氣
商機潛能佳


卡瑪魯巴哈林表示,本地的油氣領域的發展潛能佳,特別是全球原油價格高企,使許多石油公司財團作出更多資本開支,包括在開拓探勘及生產等領域。預料至少在未來的1年裡,相信國際原油平均價格會保持在每桶100美元的水平,因為市場對石油需求仍然殷切。

原油價高有利出口

他認為,原油價格漲升,對大馬石油出口有利,從而使國內的油氣業務及相關製造商有利,可獲取更多工程合約,反觀進口行業則可趁機進口及進行更多的研究與開發領域。同時,美元兌馬幣匯率展望看跌,料也可吸引更多投資者到大馬投資,包括油氣領域在內。

至於國內油氣業,日前國家石油就已經宣佈,未來5年的投資額達到2千500億令吉,主要是在探勘及發展,包括開采較小的邊緣油田,這都是在政府的經濟轉型計劃內,這將為本地油氣業提供非常龐大商機,相信該公司也可分得一杯羹。

國油投資2500億

油氣業過去2年來出現轉型,特別是國油更加專注國內市場,與其他主要石油公司合作,料將增加許多商機,包括使該公司擁有高度成長,可持續的賺錢機會。

砂州岸外發現新的油田及沙巴岸外多個深海及超深海油田,將為該公司提供可持續成長的營業額的潛能,特別是在海事營運及保養維修領域的服務。

斥2億擴張船隊

目前必達能源的資產包括擁有3艘的駁船(可供容納300人),以及兩艘各可容納190人的工作船只。該公司預料一旦發行附加股籌得資金後,計劃在一年裡,耗資2億令吉增購3至4艘的船隻,包括駁船及工作船隻,及提昇設施如製造場地等,以加強公司的業務能力與規摸。

公司損益表復元快

詢及該公司2010年財政年第四季蒙受虧損,卡瑪魯巴哈林表示,有關該公司旗下子公司蒙受一次過的虧損已經全面作出撥備,預料截至2011年3月杪首季將恢复有利可圖,這顯示該公司的損益表復元得很快。

卡瑪魯巴哈林表示,這使該公司2010年全年稅前盈利降至600萬令吉,比較前期為2千510萬令吉。這主要是旗下公司在MLNG-2(液體天然氣站)進行Kumang Cluster岸上連接計劃中的建築工程,延遲交貨所蒙受2千630萬令吉的虧損所致。

該工程的輸送管被拒收,從而延遲交貨期限。

而它是一次過的虧損,不會影響到2011年財政年的表現。

蒙虧也要保信譽

他表示,該項2009年攫取的工程合約出現問題,因輸送管的素質欠佳,需要加以改善達標而延遲交貨,雖然蒙受虧損也要完成以保持公司的信譽,及确保客戶的利益及公司股東及利益持有人的最佳利益著想。這也是公司的內部清理活動,以免阻礙公司未來業務發展和前進。

放眼營業額10億

卡瑪魯巴哈林認為,目前2010年財政年的營業額約6億4千萬令吉,預料從2012年起,該公司希望將公司營業額,增加至8億至10億令吉之間,以攫取目前油氣業的蓬勃發展良機,並希望能夠持續穩定在此水平。

詢及該公司如何應付市場競爭,特別是更多新公司進入國內的油氣業領域,他表示,無可否認,市場是日益競爭,不過,相信國內市場足夠讓大家分得一杯羹。

增聘員工擴大規模

他表示,目前該公司擁有2千600名各級員工,並且全部是本地人,特別是砂拉越當地的員工。為了要擴建公司的資本及業務規模,該公司打算將聘請更多員工以應付額外需求,因為公司認為,員工或是人力資源將是完成業務的最主要關鍵因素。

他指出,該公司為應付砂州的業務,最近在民都魯海岸附近設立一個小型的組裝部門,從而減少運輸成本,在員的合作與努力下,在短短的2個月里即可投入營運。

發附加股
籌資爭工程


卡瑪魯巴哈林表示,以目前該公司的資本規模來說,即繳足資本僅為9千750萬令吉,由1億9千500萬股,每股面值50仙的普通股組成,規模可說是很小,使該公司有意發售附加股籌資,增加公司的資本基礎之餘,也可籌資減少公司的負債或銀行貸款,或是存有更多的現金,為日後攫取更多更大的工程合約做好準備。

他表示,該公司也可能會把新資金充當增加人力資源及擴大公司的資產,特別是收購更多設施或船隻,以便在日後競標或攫取更大的工程合約時作為後盾。

他表示,目前該公司的負債約為2億零398萬4千令吉,而2010年財政年的利息成本就達到1千425萬9千令吉,若是能將負債減半至約1億令吉,該公司每年就可減少逾700萬令吉的利息開支。一旦銀行貸款減少,該公司日後就有更大空間派發股息回饋股東。

詢及公司計劃要籌集多少的新資金,他表示,目前還沒有作出決定,不過,預料數目會介於1億令吉至2億令吉之間。

卡瑪魯巴哈林小檔案

現年49歲,畢業於英格蘭伯明罕經濟(會計)系,也是名特許會計師,曾任職朝聖基金局子公司-TH科技高級管理人員達14年。曾任職公司包括大馬證券銀行及特許會計公司-拉斯蘭&莫哈末。

他於2010年2月18日開始加入必達能源董部為執行董事,於2010年4月27日正式出任首席執行員。

必達能源主要業務

鑽油台主要維修,起重吊機,建築及啟動等服務

支援業務

工程營運及維修
岸外海事支援
器材包裝及製造
設計及組裝加工器材
設計及組裝渦輪
工程設計及工程管理服務(星洲日報/投資致富‧投資焦點)

http://biz.sinchew-i.com/node/48109

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发表于 2011-6-17 21:04 | 显示全部楼层
Petra Perdana terminates bareboat charter to curb losses

KUALA LUMPUR: Petra Perdana Bhd’s wholly owned subsidiary Perdana Mercury Ltd has terminated the bareboat charter arrangement with Mount Tahan LLC on the anchor handling tug and supply (AHTS) vessel — Petra Majestic — and the option to purchase it.

In an announcement to Bursa Malaysia yesterday, the integrated brownfield services provider said the termination of the bareboat charter arrangement with Mount Tahan will enable it to curb further losses to be incurred by this class of AHTS vessels.

“The demand for the same class of AHTS vessel has remained soft, hence the continuation of a very competitive market environment,” said Petra Perdana, adding that the AHTS vessel registered low utilisation and charter rates in 2010 due to the weak market sentiment.

“The termination of the bareboat charter arrangement is also aimed at realigning the balance of the Petra Perdana’s fleet of vessels for use in the greenfield and brownfield marine segments,” it said.

Petra Perdana posted a net loss of RM8.36 million for its 1Q ended March 31 versus a net profit of RM3.6 million a year ago despite revenue rising 31.55% to RM66.99 million from RM50.93 million.

The loss was mainly due to higher lease rental and operation cost arising from the increase in new deliveries of vessels without charter contract, said Petra Perdana.

The counter dropped 0.5 sen or 0.54% to 92 sen yesterday with a total of 792,300 shares changing hands.

http://www.theedgemalaysia.com/i ... to-curb-losses.html

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发表于 2011-6-27 23:34 | 显示全部楼层
any bad new for petra..why non stop dropping?thx

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发表于 2011-6-29 17:05 | 显示全部楼层
Petra Perdana hopes to return to black in FY11     
  
KUALA LUMPUR: PETRA PERDANA BHD [] hopes to return to the black in current financial year ending Dec 31, 2011 as the marine offshore services industry outlook has improved. It posted net loss of RM130.31 million in FY10.

Its managing director Shamsul Saad said on Wednesday, June 29: "We have seen the turnaround in both our business and the industry."

With the turnaround in the company's business, he said it was timely that the group change its name to Perdana Petroleum Bhd to better reflect the company's core business.

The company offers services to the offshore oil and gas industry. Its fleet includes 17 new build anchor handling tug supply vessels.

http://www.theedgemalaysia.com/b ... -black-in-fy11.html

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发表于 2011-6-30 18:49 | 显示全部楼层
Petra Perdana hopeful of returning to the black     
  
KUALA LUMPUR: The improved prospects for the offshore support vessel industry have made Petra Perdana Bhd (PPB) optimistic that it can return to the black for FY11 ending Dec 31.

“We have seen a turnaround in both our business and the [offshore vessel] segment in the oil and gas industry.

“The previous two years were very hard for the industry, but it has had a reasonable pick-up and we are optimistic that it  will continue,” said Shamsul Saad, PPB managing director, after the company’s AGM yesterday.

PPB posted a net loss of RM71.46 million in FY10 compared to a net profit of RM29.32 million a year ago.Revenue fell 138% to RM254.89 million from RM605.68 million, mainly due to deconsolidation of integrated brownfield services arising from the divestment of Petra Energy Bhd (PEB) group in December 2009. PPB is still in the red for 1QFY11 ended March with a net loss of RM8.36 million on the back of RM67 million revenue.

At the AGM, shareholders gave the nod for the company’s change of name to Perdana Petroleum Bhd, which will better reflect its core business within its industry focus, said Shamsul.

He said after two years of downturn, the company will now focus on consolidating its businesses, increasing utilisation of its vessels and maximising wide charter rates.  He said the utilisation rate of its newbuild vessels is already approaching 80%, which he described as a “quite good” rate for the offshore support vessel industry.

Meanwhile, he said, the company will continue to dispose its older vessels. PPB’s fleet includes 17 newbuild anchor handling tug supply (AHTS) vessels.

Executive director Datuk Henry Kho said the recent termination of the bareboat charter agreement with Mount Tahan Llc was aimed at realigning its fleet and the termination would not impact its cash flow. The agreement with Mount Tahan was for its 12,150 bhp (brake horse power) AHTS vessel, Petra Majestic, with the option to purchase the vessel.  

Hwang DBS said in a recent note that the termination is positive for PPB as it helps to curb losses incurred by the vessels given the current low utilisation and charter rates.

“This will bring down Petra Perdana’s newbuilt vessels to 15, which will likely boost its newbuilt utilisation rate to circa 80%.

“There is no mention of the charter rate but we estimate the leaseback payment at circa US$1 per bhp per day,” said the research house.

HwangDBS maintained its “hold” call on PPB and target price of 95 sen based on one times adjusted FY12 book value per share. It said potential catalysts would be faster than expected execution of the deepwater field development.

Responding to plans for the company’s 29.6% stake in PEB, Kho said: “We have not come out with a firm plan [on whether to sell or to keep]. But at the moment we will hold it until such time the board makes a decision.”

http://www.theedgemalaysia.com/i ... g-to-the-black.html

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发表于 2011-7-7 10:18 | 显示全部楼层
any further information???thank you

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发表于 2011-7-13 15:13 | 显示全部楼层
必达股票凭单改名
2011/07/13 11:23:26 AM
●南洋商报

(吉隆坡12日讯)必达(Petra,7108,主板贸服股)宣布,从明日(7月13日)起上午9时正,公司名称将由“Petra Perdana”改为“Petra Petroleum”。

必达发布文告表示,股名也由“Petra”改为“Perdana”,而凭单名称也从“Petra-WA”换去“Perdana-WA”,但股号仍保持不变。

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发表于 2011-7-13 22:02 | 显示全部楼层
Perdana Petroleum ends chartering arrangement      
  
KUALA LUMPUR: Perdana Petroleum Bhd has terminated a chartering arrangement as well as an option to purchase an anchor handling tug and supply (AHTS) vessel to realign its fleet in light of the soft operating environment.

In a statement to Bursa Malaysia yesterday, Perdana Petroleum said its wholly-owned Perdana Mercury Ltd terminated the bareboat charter arrangement with Mount Tahan LLC to curb further losses incurred from this class of AHTS vessels, which had registered low utilisation and charter rates last year due to weak market sentiment. “The demand for the same class of AHTS vessels has remained soft, hence the continuation of a very competitive market environment,” it said.

In addition to the chartering arrangement, Perdana Petroleum had also terminated the option to purchase the AHTS vessel from Mount Tahan to realign its fleet to be used in the green and brownfield marine segments. Perdana Petroleum, which recently changed its name from Petra Perdana Bhd, said the termination would have no impact on its share capital, earnings, net assets and gearing for FY11 ending Dec 31. The counter fell 0.5 sen to close at 82.5 sen yesterday.

http://www.theedgemalaysia.com/i ... ng-arrangement.html

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发表于 2011-7-14 12:18 | 显示全部楼层
行家论股:柏达纳 终止租赁船财测下调
2011/07/13 6:05:23 PM
●达证券行

买入

目标价:1.07令吉

最新进展

柏达纳(Perdana,7108,主板贸服股)昨日宣布已和Mount Tahan LLC达成共识,终止光船租赁安排协议,不再向后者租赁名为Petra Admiral的起锚支援拖船(AHTS)。

与此同时,必达也取消起锚支援拖船的收购献议。

盘点分析

鉴于起锚拖船(AHT)和起锚支援拖船的市场走软,柏达纳也面临供过于求的现象,加上该公司已声明会着重减低成本,因此上述消息并不意外。

我们预测船只租金价位料将在今年杪上涨,而2012财年的船只租金价位预计将处于健康水平。

随着柏达纳终止光船租赁安排协议,我们也将2011和2012财年的业绩预测,分别下调2.1%和5.8%。

早前,我们将Petra Admiral 2011财年和2012财年的使用率(255天和270天)纳入业绩预测里,如今我们将船只使用率削减至180天。
http://www.nanyang.com/NewsCente ... mp;SID=7&CID=12

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发表于 2011-7-18 10:11 | 显示全部楼层
CIMB Research has technical Sell on Perdana Petroleum      
  
KUALA LUMPUR: CIMB Equities Research has a Technical Sell on Perdana Petroleum at 81 sen at which it is trading at a FY12 price-to-earnings of 10.4 times and price-to-book value of 0.8 times.

It said on Monday, July 18 Perdana Petroleum violated the triangle support few days ago and this is a worrying sign.

“The bears flexed its muscles and it appears that prices could fall back towards its previous low of 73.5 sen again,” it said.

CIMB Research said with the candles trading below all its key moving averages, it doubts any rebound would be sustainable.

“The bulls would also be undermined by the easing technical indicators. MACD has slipped into the negative territory while RSI is also skidding.

“Sell into strength looks like a good option here, especially near the 82 sen to 86 sen resistances. Prices need to take out its 200-day to negate this negative mode. Meanwhile, support is at 73.5 sen and 70 sen,” it said.

http://www.theedgemalaysia.com/b ... dana-petroleum.html

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发表于 2011-8-10 10:55 | 显示全部楼层
本帖最后由 eunice 于 2011-8-10 11:01 编辑

http://www.osk188.com/adminv2/Us ... er_20110810_OSK.pdf

Perdana Petroleum
Emerging Leaner
Investors may now regard Perdana Petroleum (Perdana) as a hidden jewel since the
company is recovering operationally although its share price has been languishing
near the bottom. We also see the company as a potential M&A target given that it
owns strategic assets such as work barges, work boats and deepwater AHTS, as
well as its attractive stock valuation (with a P/BV less than 1x). Finally, we expect
more improvement in its 2Q and 3Q results due to the better weather conditions over
the next few months, which will help to smoothen and facilitate O&G activities.
Maintain Buy with an unchanged fair value of RM1.50.
Operationally better but share price still near rock bottom. Both Perdana Petroleum
(Perdana)’s operational profits and share price performance differ by a lot from its close
peers like Alam Maritim (Alam) and Tanjung Offshore (Tgoff). This is because these peers
have been recording good vessel utilization all this while, thanks to their long-term
contracts, while Perdana’s utilization rate is only starting to rise from the bottom. Hence,
we believe there is a bigger upside for Perdana versus its peers as its low utilization is
being reflected in its share price. Also, the recent selldown of Perdana due to the negative
global stock market has made the stock even more attractive than before.
A hidden jewel. Perdana could well be a hidden jewel in the eyes of investors, as is
being reflected in its share price even after the company has been chalking up
improvements operationally for the last 3 quarters. Also, we believe that Perdana’s
prospects are now different compared to in the past, when there was a tussle between the
company management and its major shareholders. This is because: i) the current
management team has full control of the company and is able to make timely decisions to
capture the opportunities that lie ahead; ii) there has been improvement in AHTS’s charter
rates, iii) Perdana currently has a leaner fleet, and iv) the pace of O&G activities in
Malaysia as well as the global market is picking up since the global economy has
recovered from the global recession, which leads to higher demand for O&G.
Also a potential M&A target. We believe Perdana is a strong candidate to be partially or
wholly taken over because: i) it owns assets (i.e. AHTS, work barges and work boats) that
are vital to the O&G industry’s development; ii) it has a fragmented shareholding, and iii)
its valuation is attractive at a Price/BV of 0.6x.
Maintain Buy. Our fair value for the stock remains unchanged at RM1.50 based on the
existing PER of 15x FY12 EPS. Going forward, we expect Perdana to announce better
operational performance q-o-q as 2Q and 3Q are usually the better quarters for O&G
activities in this region, supported by good weather conditions.

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发表于 2011-8-11 00:39 | 显示全部楼层
伯达纳 股价有上涨空间
行家论股 2011-08-10 18:48

目标价:1.50令吉

最新进展


外围环境走好和一些正面发展的推动下,柏达纳(Perdana,7108,主板贸服股)过去3季财务也获得改善。

尽管如此,柏达纳的股价表现却南辕北辙,该股目前仍以历史最低点交易。

盘点分析

伯达纳的船只使用率较低,继而影响其现阶段的股价水平。相较于其他石油与天然气业者,我们认为,伯达纳的股价仍存有很大的上涨空间。

受益于起锚支援拖船(AHTS)租船率走高、以及大马和全球的油气活动活跃,有望为伯达纳带来莫大益处。

另一方面,我们相信伯达纳是并购活动的潜在目标,主要是因为(1)伯达纳的起锚支援拖船、工作驳船和工作船在油气领域发展占一席之地;(2)伯达纳的持股结构属分段式;以及(3)0.6倍的价格账面价值(P/BV)水平。

随着气候转好推动区域内的油气活动,我们预计,伯达纳2012财年次季和第三季的营运表现将走好。

分析:侨丰投资研究

http://www.nanyang.com/node/375138?tid=709

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发表于 2011-8-11 12:01 | 显示全部楼层
必達石油 或成潛在併購目標
股市10/08/2011 23:40 Share3 轉寄 列印 字体:.Send to friend

券商:僑豐投資研究
合理價:1.50令吉


必達石油(PERDANA,7108,主要板貿易)可謂投資者眼中潛藏的寶石,營運表現過去3季已錄得改善,基于擁有本身資產,或成潛在併購目標。

 該公司營運表現過去3季已逐漸改進,但股價仍處在谷底,主要是因為旗下船隻使用率才開始回揚,相較其他同業如環海資源(ALAM,5115,主要板貿易)及丹絨岸外(TGOFFS,7228,主要板貿易)仍很低。

 我們相信,必達石油還有很大的上漲空間,尤其最近在全球股市動盪下,該股股價顯得愈發誘人。

 另外,必達石油前景也和之前不一樣,之前股東與公司管理層的內鬥已經過去,現在的管理層擁有足夠權利,可適時做出好決策,加上全球油氣業處在復甦軌道,將帶動需求增長。

 該公司擁有策略資產,包括勞動駁船(work barge)、工作船及深水三用工作拖船(AHTS),料成為潛在併購目標,尤其估值誘人,股價淨值比(P/BV)僅0.6倍。

 隨著天氣情況錄得好轉,我們預計,油氣業活動料更加順利,繼而推動必達石油未來2季財報表現。

 閉市時,該股收在63仙,揚1.5仙,成交量416萬2000股。

http://www.chinapress.com.my/node/241690

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