Announcement • May 28
Vantris Energy Berhad, Annual General Meeting, Jul 30, 2026 Vantris Energy Berhad, Annual General Meeting, Jul 30, 2026, at 10:00 Singapore Standard Time. Location: ballroom 1 & 2, first floor, kuala lumpur golf & country club convention centre, 1a, jalan bukit kiara 1, 60000 kuala lumpur, Malaysia Announcement • Jun 26
Sapura Energy Berhad Announces Resignation of Shahriman Bin Shamsuddin as Non-Independent and Non-Executive Director, Effective 25 June 2025 Sapura Energy Berhad announced the resignation of Dato' Shahriman Bin Shamsuddin as a Non-Independent and Non-Executive Director, effective 25 June 2025. Age is 56. Reported Earnings • Jun 02
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: RM0.01 (up from RM0.032 loss in FY 2024). Revenue: RM4.70b (up 8.9% from FY 2024). Net income: RM189.5m (up RM698.2m from FY 2024). Profit margin: 4.0% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 72%. Revenue is expected to fall by 1.5% p.a. on average during the next 2 years compared to a 2.7% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • May 29
Sapura Energy Berhad, Annual General Meeting, Jul 30, 2025 Sapura Energy Berhad, Annual General Meeting, Jul 30, 2025, at 10:00 Singapore Standard Time. Location: ballroom 1 & 2, first floor, sime darby convention centre, 1a, jalan bukit kiara 1, 60000 kuala lumpur, Malaysia Announcement • May 02
Sapura Energy Berhad Declares Interim Dividend for the Financial Year Ending 31 December 2025, Payable on June 13, 2025 Sapura Energy Berhad declared interim Dividend of 0.38 sen per ordinary share for the financial year ending 31 December 2025. Ex-Date is May 20, 2025, Entitlement date is May 21, 2025 and Payment Date is June 13, 2025. Price Target Changed • Mar 30
Price target increased by 8.3% to RM0.065 Up from RM0.06, the current price target is an average from 2 analysts. New target price is 44% above last closing price of RM0.045. Stock is down 10.0% over the past year. The company is forecast to post earnings per share of RM0.009 for next year compared to RM0.01 last year. Board Change • Mar 30
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Chief Executive Officer & Executive Director Muhammad Bin Jusoh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 04
Sapura Energy Berhad Provides PN17 Status Update The Board of Directors of Sapura Energy Berhad (“Board”) provided a status update on the Company’s efforts to address its PN17 status. Since the First Announcement, the Company has been advancing its plan to regularise the financial position of its group of companies. As announced on 17 December 2024, Bursa Securities had, through its letter dated 16 December 2024, granted the Company a further extension of time of 6 months up to 31 May 2025 to submit its Regularisation Plan (“Plan”) to the relevant regulatory authorities. As announced on 13 January 2025, the Company and the MCF Financiers had, on 11 January 2025, received a written confirmation dated 10 January 2025 from the CDRC stating that, in accordance with Section 8.10 of the CDRC Participants’ Code of Conduct, at least 75% of the MCF Financiers have provided their requisite additional approval-in-principle in respect of certain refinements to the terms of the Proposed Restructuring Scheme. On 27 January 2025, in relation to the Proposed Restructuring Scheme, the Company and its 22 subsidiaries (collectively, the “Scheme Companies”) issued Notices of Court Convened Meetings (“CCMs”) (the “Notices”), along with the Explanatory Statement (“ES”) and the Scheme papers (collectively, the “Scheme Documents”) to their respective Scheme Creditors. This was carried out pursuant to the terms of the Restraining and Convening Order dated 7 March 2024 (as extended on 6 June 2024) and in accordance with Section 369 of the Companies Act 2016. The CCMs are scheduled to be held between 21 February 2025 and 27 February 2025. An announcement regarding the issuance of the Notices and the Scheme Documents was duly made on 27 January 2025. This marks a critical step in the Company’s debt restructuring efforts, paving the way for its successful completion, subject to favorable outcomes of the CCMs, Court sanction, and the required regulatory and shareholders’ approvals to implement the Proposed Restructuring Scheme. While awaiting the conclusion and outcome of the CCMs, the Company, together with its advisors, will continue to actively refine and finalise the Plan to ensure that it is sufficiently robust to address its business and financial conditions. The Company will make the necessary announcement(s) should there be any further material development on the above matter. Reported Earnings • Dec 13
Third quarter 2025 earnings released: RM0.016 loss per share (vs RM0.002 profit in 3Q 2024) Third quarter 2025 results: RM0.016 loss per share (down from RM0.002 profit in 3Q 2024). Revenue: RM1.16b (up 4.8% from 3Q 2024). Net loss: RM293.1m (down RM323.9m from profit in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 6.6% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 27
Second quarter 2025 earnings released: EPS: RM0 (vs RM0.003 in 2Q 2024) Second quarter 2025 results: EPS: RM0 (down from RM0.003 in 2Q 2024). Revenue: RM1.21b (up 5.7% from 2Q 2024). Net loss: RM5.23m (down 112% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to RM0.04. The fair value is estimated to be RM0.051, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to decline by 2.6% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 12% undervalued The stock has been flat over the last 90 days, currently trading at RM0.045. The fair value is estimated to be RM0.051, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to decline by 2.6% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Independent & Non Executive Director Fu Lim was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-RM4.3b). Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (RM441m net loss next year). Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Jun 28
First quarter 2025 earnings released: EPS: RM0.005 (vs RM0.009 in 1Q 2024) First quarter 2025 results: EPS: RM0.005 (down from RM0.009 in 1Q 2024). Revenue: RM1.19b (up 25% from 1Q 2024). Net income: RM82.1m (down 44% from 1Q 2024). Profit margin: 6.9% (down from 15% in 1Q 2024). Revenue is expected to fall by 1.3% p.a. on average during the next 3 years compared to a 4.0% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Jun 27
Sapura Energy Berhad Announces Change of Chairman Sapura Energy Berhad has appointed Shahin Farouque Jammal Ahmad, a non-independent non-executive director of the company, as its interim chairman until further notice. The company announced this came about as its chairman, Datuk Mohammad Azlan Abdullah, has been granted leave of absence effective immediately. The leave of absence was granted to allow him to focus on ongoing investigations by the Malaysian Anti-Corruption Commission (MACC) regarding a matter unrelated to Sapura Energy. Buy Or Sell Opportunity • Jun 27
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to RM0.035. The fair value is estimated to be RM0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 5.0%. Revenue is forecast to decline by 2.5% in 2 years. Earnings are forecast to decline by 13% in the next 2 years. Announcement • May 31
Sapura Energy Berhad, Annual General Meeting, Jul 30, 2024 Sapura Energy Berhad, Annual General Meeting, Jul 30, 2024, at 10:00 Singapore Standard Time. Location: no. 7, jalan tasik, the mines resort city, 43300 seri kembangan, selangor darul ehsan, Malaysia Price Target Changed • May 10
Price target increased by 30% to RM0.044 Up from RM0.034, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM0.045. Stock is up 29% over the past year. The company is forecast to post a net loss per share of RM0.021 next year compared to a net loss per share of RM0.032 last year. Major Estimate Revision • May 10
Consensus EPS estimates upgraded to RM0.021 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -RM0.025 to -RM0.021 per share. Revenue forecast unchanged from RM4.28b at last update. Energy Services industry in Malaysia expected to see average net income growth of 35% next year. Consensus price target up from RM0.034 to RM0.044. Share price was steady at RM0.045 over the past week. Major Estimate Revision • Apr 01
Consensus EPS estimates fall by 17%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from RM3.99b to RM4.28b. Forecast EPS reduced from -RM0.022 to -RM0.025 per share. Energy Services industry in Malaysia expected to see average net income growth of 36% next year. Consensus price target down from RM0.036 to RM0.034. Share price rose 25% to RM0.05 over the past week. Reported Earnings • Mar 26
Full year 2024 earnings released: RM0.032 loss per share (vs RM0.20 loss in FY 2023) Full year 2024 results: RM0.032 loss per share (improved from RM0.20 loss in FY 2023). Revenue: RM4.30b (down 5.6% from FY 2023). Net loss: RM508.7m (loss narrowed 84% from FY 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.8% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. New Risk • Feb 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-RM3.3b). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (RM329m net loss in 2 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Board Change • Jan 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Independent Non Executive Director Shahin Bin Jammal Ahmad was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Dec 20
Consensus EPS estimates fall by 70% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -RM0.013 to -RM0.023 per share. Revenue forecast of RM4.81b unchanged since last update. Energy Services industry in Malaysia expected to see average net income growth of 32% next year. Consensus price target down from RM0.046 to RM0.036. Share price fell 10.0% to RM0.045 over the past week. Price Target Changed • Dec 15
Price target decreased by 22% to RM0.036 Down from RM0.046, the current price target is an average from 4 analysts. New target price is 28% below last closing price of RM0.05. Stock is up 25% over the past year. The company is forecast to post a net loss per share of RM0.023 next year compared to a net loss per share of RM0.20 last year. Reported Earnings • Dec 14
Third quarter 2024 earnings released: EPS: RM0.002 (vs RM0.10 loss in 3Q 2023) Third quarter 2024 results: EPS: RM0.002 (up from RM0.10 loss in 3Q 2023). Revenue: RM1.12b (down 11% from 3Q 2023). Net income: RM30.9m (up RM1.65b from 3Q 2023). Profit margin: 2.8% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Buying Opportunity • Nov 21
Now 28% undervalued after recent price drop Over the last 90 days, the stock is down 10.0%. The fair value is estimated to be RM0.062, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 1.2% in 2 years. Earnings is forecast to grow by 91% in the next 2 years. Buying Opportunity • Nov 01
Now 28% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be RM0.062, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 1.2% in 2 years. Earnings is forecast to grow by 91% in the next 2 years. Reported Earnings • Sep 28
Second quarter 2024 earnings released: EPS: RM0.003 (vs RM0 in 2Q 2023) Second quarter 2024 results: EPS: RM0.003 (up from RM0 in 2Q 2023). Revenue: RM1.14b (down 2.5% from 2Q 2023). Net income: RM42.8m (up RM45.4m from 2Q 2023). Profit margin: 3.7% (up from net loss in 2Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 21% per year and the company’s share price has also fallen by 21% per year. Announcement • Sep 18
Sapura Energy Berhad(KLSE:SAPNRG) dropped from S&P Global BMI Index Sapura Energy Berhad(KLSE:SAPNRG) dropped from S&P Global BMI Index Price Target Changed • Aug 05
Price target decreased by 7.5% to RM0.038 Down from RM0.041, the current price target is an average from 5 analysts. New target price is 16% below last closing price of RM0.045. The company is forecast to post a net loss per share of RM0.012 next year compared to a net loss per share of RM0.20 last year. Reported Earnings • Jun 27
First quarter 2024 earnings released: EPS: RM0.009 (vs RM0.006 in 1Q 2023) First quarter 2024 results: EPS: RM0.009 (up from RM0.006 in 1Q 2023). Revenue: RM961.1m (up 8.5% from 1Q 2023). Net income: RM146.1m (up 59% from 1Q 2023). Profit margin: 15% (up from 10% in 1Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 28% per year. Announcement • May 31
Sapura Energy Berhad, Annual General Meeting, Jul 26, 2023 Sapura Energy Berhad, Annual General Meeting, Jul 26, 2023, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 31 January 2023 together with the Reports of the Directors and Auditors thereon; to consider re-election of Dato' Mohammad Azlan Abdullah as Director of the Company pursuant to Article 80 of the Constitution of the Company; to consider re-election of Dato' Azmi Mohd Ali as Director of the Company pursuant to Article 80 of the Constitution of the Company; to consider re-election of Cik Wan Mashitah Wan Abdullah Sani as Director of the Company pursuant to Article 85 of the Constitution of the Company; to consider re-appointment of Ernst & Young PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Board of directors to determine their remuneration; and to consider other matters. Announcement • May 25
Sapura Energy Berhad Announces Resignation of Lim Fu Yen as Non Independent and Non Executive Member of Risk Committee Sapura Energy Berhad announced resignation of Mr. Lim Fu Yen as Non Independent and Non Executive Member of Risk Committee. Date of change is24 May 2023. Age is 43. Composition of Risk Committee: Datuk Muhamad Noor Hamid (Chairman) - Independent Non-Executive Director, Mr. Lim Tiang Siew (Member) - Senior Independent Non-Executive Director and Encik Rohaizad Darus (Member) - Non-Independent Non-Executive Director. Price Target Changed • Apr 03
Price target decreased by 15% to RM0.041 Down from RM0.048, the current price target is an average from 6 analysts. New target price is 17% above last closing price of RM0.035. Stock is down 13% over the past year. The company is forecast to post a net loss per share of RM0.011 next year compared to a net loss per share of RM0.20 last year. Reported Earnings • Mar 31
Full year 2023 earnings released: RM0.20 loss per share (vs RM0.57 loss in FY 2022) Full year 2023 results: RM0.20 loss per share (improved from RM0.57 loss in FY 2022). Revenue: RM4.55b (up 11% from FY 2022). Net loss: RM3.20b (loss narrowed 65% from FY 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 28% per year and the company’s share price has also fallen by 28% per year. Price Target Changed • Mar 31
Price target decreased by 12% to RM0.042 Down from RM0.048, the current price target is an average from 7 analysts. New target price is 21% above last closing price of RM0.035. Major Estimate Revision • Dec 10
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast fell from RM4.56b to RM4.40b. 2023 losses expected to reduce from -RM0.03 to -RM0.03 per share. Energy Services industry in Malaysia expected to see average net income growth of 14% next year. Consensus price target up from RM0.047 to RM0.048. Share price rose 29% to RM0.045 over the past week. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Director Rohaizad bin Darus was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Oct 11
Price target increased to RM0.041 Up from RM0.037, the current price target is an average from 7 analysts. New target price is 9.5% below last closing price of RM0.045. Stock is down 57% over the past year. The company is forecast to post a net loss per share of RM0.03 next year compared to a net loss per share of RM0.57 last year. Reported Earnings • Sep 27
Second quarter 2023 earnings released: EPS: RM0 (vs RM0.095 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0 (improved from RM0.095 loss in 2Q 2022). Revenue: RM1.18b (up 58% from 2Q 2022). Net loss: RM2.59m (loss narrowed 100% from 2Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Price Target Changed • Jul 13
Price target decreased to RM0.034 Down from RM0.038, the current price target is an average from 11 analysts. New target price is 15% below last closing price of RM0.04. Stock is down 67% over the past year. The company is forecast to post a net loss per share of RM0.035 next year compared to a net loss per share of RM0.57 last year. Major Estimate Revision • Jul 04
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from RM4.92b to RM4.43b. Losses expected to increase from RM0.03 per share to RM0.03. Energy Services industry in Malaysia expected to see average net income growth of 13% next year. Consensus price target up from RM0.036 to RM0.037. Share price was steady at RM0.045 over the past week.