Nikmon

Nikmon | Joined since 2012-12-26

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Stock

2022-08-01 09:05 | Report Abuse

Fast fast, PNB move dose not make any sense, increase stake in a PN17 counter SAP......lol

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2022-08-01 09:04 | Report Abuse

Pls report to Anwar and Rafizi, despite their disapproval, PNB deliberately invested additional 4 mil into SAP.

After lose more than 3 billion , PNB never learned and invested more into a PN17 counter, A GLC PNB going lose all in the event of bankruptcy. Are PNB officer gone crazy

PNB fund investor, pls report police, else you going lose your hard earned money.

Stock

2022-07-31 22:34 | Report Abuse

It seem like Gov going to bailout SAP soon or PNB going lose more...fast fast inform Rafizi before too late


“I had disagreed with the decision by the Dr Mahathir Mohamad-led PH government to inject PNB funds to save Sapura,” Rafizi said said in a statement.

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2022-07-31 22:29 | Report Abuse

How dare PNB invest more money in a PN17 SAP after lose billion....pls someone inform PKR or Rafizi,.Rafizi not agree on bailing out SAP...all the PKR be ready to make police report ....lol

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2022-07-31 12:56 | Report Abuse

Petronas is the next...or MOF??? Or EPF..?? Very interesting

PNB lose their mind, after lose billion rescue SAP, PNB deliberately pump more money into SAP last week...lol

What next...

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2022-07-31 12:53 | Report Abuse

PNB is confirmed invest another 4 million into SAP...where are those who having different opinions, raise your voice lol...haha

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2022-07-29 23:24 | Report Abuse

Despite the outcry from certain group and PKR deputy and president..

PNB inject more money into SAP... something brewing..

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2022-07-29 23:08 | Report Abuse

Saya tak setuju keputusan PH guna dana PNB selamat Sapura,’ Rafizi beritahu Najib

What would PKR or Rafizi do when they find out more money inject into SAP from PNB....very interesting

Stock

2022-07-29 21:43 | Report Abuse

In May, The Edge raised a question 'PNB has since lost almost 90% of its investment undertaken just during the rights issue, excluding its earlier stake.

Why were all these decisions made at PNB for what was earlier a very small investment in Sapura Energy, when it was already clear the company was running into a business and financial crisis?'

PNB inject another 4.5 million despite criticized by public. The Edge should ask PNB again

Stock

2022-07-29 19:08 | Report Abuse

PNB was attacked and complained by opposition and other rescue SAP by injecting billion, and lose 90%.

Najib mum gov rescue SAP because PNB Bumi holder saving are at risk due to huge lose in SAP

There are many report question PNM about the bad investment strategy on SAP.

At this point of time PNB invest another 4 million .....it does mean something.

2022-07-29 18:27 | Report Abuse

PNB increase 0.6% or 4.4 million....pNB average down...haha.

Seems like gov started step in

Stock

2022-07-18 11:51 | Report Abuse

With 2 more subcontractors issue winding up petition by defying court order with around 1mil invoice outstanding.....haha. it show that contractor are against the haircut..only gov intervene can break through the stand still situation.

Stock

2022-07-07 10:06 | Report Abuse

Good for Ukraine also

Stock

2022-07-07 10:06 | Report Abuse

Oil price drop is good news for market and stock...too high and not good for economy...

Stock

2022-07-06 20:22 | Report Abuse

As long as the SOA result out, price will react..

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2022-07-06 20:21 | Report Abuse

Even price go up 500 USD, but SAP fail to strike a good deal with creditors is also useless..

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2022-07-04 16:26 | Report Abuse

I believe the next event would be monetized more asset likes rigs and subsidiaries, than only bank will agree on the haircut, then only Gov step in to push

1. SAP sell 3 rigs and 1 subsidiaries as per rumors raise 1-2 billion inclusive 3000 as working capital
2. Creditors cut 60%
3. Gov special grants to pay off 40% or 6-7 billion.
4. PP and consolidation next year to further reduce debt.

Stock

2022-07-04 16:16 | Report Abuse

No doubt, without haircut and gov step in, SAP is certain going to fail.

But if haircut success and support from Gov, either one will make the price fly.

After debate between UMNO and PKR, Najib keep mull support from Gov toward SAP's contractor until recently. no more than a word about SAP from Umno for past few weeks. it do suggested that support from Gov is on the way already. I don't think Najib care about SAP, but they need support from the thousand of sub contractor.

Stock

2022-07-02 10:03 | Report Abuse

Debtor has taken legal action issue winding up petition, court only granted until next year march.

Ironshirt
. I say let fight
bankruptcy for 5years and used what ever Sold Rigs money for Other Projects. What Can Debtor Do??

Stock

2022-07-01 20:52 | Report Abuse

Check the upstream news, sub contractor hold goods and deliverables because SAP didn't pay early of this year.

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2022-07-01 20:48 | Report Abuse

3 bil out of 8bill need to pay to sub contractor immediately if 50% haircut. else will bankrupcy. Then need another 2 bil as stated earlier for operation and biding..

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2022-07-01 20:35 | Report Abuse

Total 16 billion debt, which white horse got such appetite if without haircut.

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2022-07-01 20:30 | Report Abuse

As stated, SAP plan to sell 3 rigs only
11 are contracted..

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2022-07-01 20:27 | Report Abuse

500 million interest cost per year, haircut is a must...

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2022-06-29 11:11 | Report Abuse

Are you lose your mind, a peeny counter + PN17 counter, it is speculative counter. Now only you know after hanging around here so long

---------------------------------
Billionman
its now becoming speculative stock

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2022-06-29 10:33 | Report Abuse

No need wonder what is the new BLT rate lah....16 billion debt with 600-700 million interest a years, not possible to pay. Delisted and bankruptcy.

All depend on Gov now or UMNO

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2022-06-28 18:14 | Report Abuse

Dr Stanley Choi lo

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2022-06-28 17:00 | Report Abuse

AA can get funding from foreigner easily. SAP is BUMi asset, only can own by BUMI. So only gov has capacity to become white knight.

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2022-06-28 16:33 | Report Abuse

Key issue is still the debt, if debt restructure not success, sure delisted. If success, sky is the limit. Gov play a important role in ensure the success of the debt restructure. management has done their best under current circumstances, they still manage to afloat and won 2 billion contract from regional.

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2022-06-28 16:29 | Report Abuse

Sapura a PN17 company, rig utilization ratio is even higher than velesto....not bad.

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2022-06-28 16:26 | Report Abuse

Only left 5 rigs to sell, 11 rigs has long contact started next week. Can sell 2 to ICON

Sapura Drilling Asia Limited has been awarded new contracts from PTTEP for the provision of tender-assist drilling rigs Sapura T-10, T-11 and T-12.
The new contracts will commence in Q3 calendar year 2022.

Stock

2022-06-27 19:07 | Report Abuse

Haha, is a loan with no interest, then creditor accept 40% instead of 70%, better than subsidy payout 77 billion.

Subsidy is worst compare to support SAP

Stock

2022-06-27 19:02 | Report Abuse

Simple narrative, PKR will not support Bumi company like sapura,

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2022-06-27 19:01 | Report Abuse

If PM not follow, will impact his reputation, look at chicken subsidy, PM made big U turn after UMNO supreme meeting.

For Sapura they just waiting for right timing. Announcement before GE, execute after GE.

Stock

2022-06-27 18:54 | Report Abuse

Good for SAP, not good for creditors.
Court granted restraining order until next year, soon creditors will accept a slightly lower haircut, this is the turning point.

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2022-06-17 22:40 | Report Abuse

10 million worth of share change hand during pre -closing in 5 minutes is almost equally 1 week traded amount...

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2022-06-17 16:57 | Report Abuse

10 million worth of share change hand at pre closing period...petronas?KWSP?MOF?.....maybe Anwar or najib

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2022-06-12 15:28 | Report Abuse

Extend another 6 months, equivalent death sentence to Sapura,

1. Sub contractor will not provide support since no payment from sapura for next 6 months.

2. How to get new funding for next 6 month to operate..how to get new project.

MOF is step in soon

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2022-06-12 12:13 | Report Abuse

Debt restructure seems like will fail, extend another 6 months for what, how to do funding within 6 months..more like abandon hair cut which UMNO strongly oppose....MOF step in soon. SAP not about operate without new fresh cash..

Stock

2022-05-25 07:14 | Report Abuse

After leaks from MOF by the edge, MOF neither agree or disagree the report..haha seems like saving sapura is imminent.

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2022-05-22 22:41 | Report Abuse

The vote on the debt haircut is on next week, if Sapura debt restructuring success and gov aid....back to glory is just matter of time with such high gas price. Drilling rate is at record high, this year will be oil sector year.

It has been up more than 100% , I think it worth to goreng and worth to hold...haha

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2022-05-22 22:02 | Report Abuse

@singor for long term, aid from Gov is not enough, debt haircut with bank is essential. For long term lah.

Short term just goreng, nothing to do with business

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2022-05-22 15:43 | Report Abuse

LU tomorrow, another 50% -70% up tomorrow more likely

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2022-05-22 15:13 | Report Abuse

Sapura brother 16% PNB 40% probably only 30% share left for trade..

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2022-05-22 13:19 | Report Abuse

now new pointed SC chairman also from Gov......just goreng lah nothing can stop Sapura back to his glory......this will be narrative of UMNO for next election coming soon.

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2022-05-22 13:17 | Report Abuse

just follow them to goreng to this counter, so many chance to buy in at low price.....

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2022-05-22 13:07 | Report Abuse

Now gov and umno is openly goreng this counter with the name of saving rakyat, saving bumi company....lol....

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2022-05-22 13:05 | Report Abuse

Than MOH can ask Sharill to sell their 5% share to MOH with discounts price, so this will clear Sharill name. It is good for Sharill also, cause he still holding 11%, so can benefit from share price surge..MOH own 5%, can sell the share priceafter increase 1000%

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2022-05-22 12:50 | Report Abuse

new shares will not favour to PNB, dilution of share will cost PNB loss immediately, i don't think UMNO will agree on this, as Anwar will use this to attack UMNO the aid are cost PNB rakyat lose money

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2022-05-22 12:47 | Report Abuse

direct capital injection 5-6 billion with grant to clear the short term loan, they will just loan to Sapura with lower interest and longer tenure like 10 years. but they need to ensure the debt hair cut to be success, so they tied the bank loan and debt own to subcontractor, this will easy to meet the 70% agreement from creditor as Maybank, CIMB are hold bigger portion of the debt.