Loss again... what happen to classified projects.. not enough for turnaround?

if selling OMV not yet done and require EGM approval.. i guess likely reversal... seen in KNM not long ago on BORSIG..

Someone pls connect the dots here...


Ex-Sapura Energy CEO Shahril settles defamation suit against Rafizi https://theedgemalaysia.com/node/709052

Beliau berkata, anak syarikat syarikat itu, Sapura OMV, memiliki rizab minyak dan gas sebanyak 264 juta tong dengan nilai kasar RM110.8 bilion.

How do they deal with this RM110 Bil potential loss?

OMV already sold... contract on what now i guess exploration excluded...

me wonder why PNB didnt help to resolve that temporary cashflow...

-------------

Raja138

Pada tahun 2022, Najib sudah minta kerajaan bantu Sapura Energy supaya rizab minyak milik mereka tidak jatuh ke tangan asing.

Bekas Perdana Menteri, Najib Razak menegaskan kerajaan perlu menawarkan pinjaman kepada Sapura Energy Bhd bagi menyelamatkan rizab minyak daripada jatuh ke tangan asing sebelum potensi sepenuhnya dapat direalisasikan.

Beliau berkata, anak syarikat syarikat itu, Sapura OMV, memiliki rizab minyak dan gas sebanyak 264 juta tong dengan nilai kasar RM110.8 bilion.

“Jika baki 50% pegangan dalam Sapura OMV dijual untuk menyelesaikan hutang, rizab minyak akan jatuh ke tangan asing sebelum potensi sepenuhnya dapat direalisasikan.

“Ini adalah salah satu sebab saya kata kerajaan patut beri jaminan pinjaman agar telaga dan rizab minyak dan gas dari muka bumi negara tetap dimilik Malaysia. Alternatif lain ialah kerajaan boleh arahkan Petronas mengambil alih Sapura dari PNB secara sementara,” katanya di Facebook.

Tell me wrong that selling the asset is tantamount to selling its golden goose laying eggs... Now no more eggs...

So much shares being disposed by stages.. Please announce the new shareholders... Impossible they could hide below 5% ownership..

Billions.. to be completed when?

If that happen everyone in the existing will be trapped inside.. a new playing field to be created at much lower..

I predict PP is coming n posibly consolidation too..

later got PP too?

end of 2025 .. follow MLFF trails... MLFF gonna be like everyone can try bid... and no monopoly unlike before..

The MLFF is a barrier-free system. The MLFF project plans to replace the existing booth-based toll collection system with an overhead structure called a gantry that will collect tolls using radio-frequency identification devices (RFID) that work together with an automated number plate recognition (ANPR) system.

https://theedgemalaysia.com/node/693133

SMTRACK main business is on RFID...

MLFF toll

https://www.freemalaysiatoday.com/category/nation/2024/01/22/pac-to-hold-proceedings-into-mlff-project-says-mas-ermieyati/

Waa.. just 2 newbies could JV with a PLC... how lucky...

flushing risk

The big players can see u enter.. will test your hold limit... beware...

LD in many counters... like a plague now..

LOL... sign of next LD

Who is from Sri Lanka???

so many subs disposed.. what indication they imply...?

googoogo.. cross 0.180

Looks gonna explode....

Under declared.. black market transactions.. etc. Gov need to enforce more stringent rules n audits on gold mining activities

Huhuh.. much speculated now come on surface on why gold mining companies report losses..

favourable budget... Breaking high very soon...

This stock like snail but toward RM1+

huge support at 0.045 ))

dumped

SAD... INDEED...

willc48

everyone in Serba Dinamik has been let go so easily by regulators as it is a crony despite the misconducts were so severe and those involved has never sincere.

5 days ago

The gov only talks on GST possibility.. but dare not to implement.. election is like one after another.... how?

Few days left..

U think gov got plans to help sap..? or any other companies...?

17 mil MYR... that is almost equiv to its yearly revenue...

A shark could be anyone ... can be not related to a company at all... the shark can play in any ocean..

All left are weakholders... see how long they could stay..

0.095.. not too far..

risky .. back 0.095..

1.5mil lot share block dumped.. 2mil support could be very fragile this time..

0.03 sure if someone suddenly dumping huge at 0.05..

many thought bullish started.. but could be just a tactic to unload ..

could be fallen into 0.08 territory

I wonder why gov too scared to say .. "ok GST is now ON!!!............ and those who affected will receive huge targeted subsidies.. "

MYDIN CEO has been propagating the ideas many times already... LOL... Someone need to listen to him...

Somewhere in the news mentioned about white knight and a haircut...

YUP steady... SEALINK dominates in Sarawak ... Look at DAYANG now... 1.68

GOGOGO SEALINK!!!

Sure crossing RM1.. EPS 1.5 sen.. stronger indeed..

Clearing sharks... close green..

Where are the yesterday's megalondons? hope today dont forget to eat... kikiki

it is .. in the announcement... what else needed?

i thought gov gonna give NISSE back to AWANTEC.. but today see what happen to it...? Now left is MYEG!!!!!!!

whatever left now is purely short term speculation