SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.045

Today's Change

-0.005 (10.00%)

Day's Change

0.045 - 0.05

Trading Volume

5,775,200


79 people like this.

147,229 comment(s). Last comment by Nikmon 1 hour ago

Posted by thetruthstory > 4 days ago | Report Abuse

yeah mr sharksfin, its only usd1.8b

intansri

23 posts

Posted by intansri > 4 days ago | Report Abuse

Normally if you got award this kind of project, company will receive 30% down payment to carry the project. Under this scenario, 5218 will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future

SinGor

4,659 posts

Posted by SinGor > 4 days ago | Report Abuse

$900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal )

SinGor

4,659 posts

Posted by SinGor > 4 days ago | Report Abuse

I think latest Price Water House Director as CFO comes at a right time---more bid projects should be realised
bcos SAP has been submitting Oversea Bid for the last 2 years and it is now management is announcing
awards

Nikmon

2,965 posts

Posted by Nikmon > 4 days ago | Report Abuse

Whatever good news announced is useless and overshadowed by 9 billion debt.

Nikmon

2,965 posts

Posted by Nikmon > 4 days ago | Report Abuse

Price won't buzz until restructure plan announce

SinGor

4,659 posts

Posted by SinGor > 4 days ago | Report Abuse

I think too-- price ---will not move much Bcos ( bcos) Bank Underwriters are collecting for Rights issue next year.
They know for sure ( previous RI ) Shahril Cannot take up RI----so How?? They have to goreng in whatever
ways to stop underwriting Losses

intansri

23 posts

Posted by intansri > 4 days ago | Report Abuse

term loans $3.3b and sukuk program loan $7.3b should expect to be solved as MAYBANK investment bank as lead arranger in this program

Mabel

23,282 posts

Posted by Mabel > 4 days ago | Report Abuse

Meanwhile Lady Sapura has joined Yinson to win more Contract in Brazil. Sapura Energy required between RM 3 to 4 Billion to recapitalisation to get out of PN17..

This mean, she need another 1.2 to 2.2 billion to get out of PN17 which may come either with White Knight or Debt Swap and Balance Sheet Cleanup using thee same strategy employed by AAX and Capital A, this process takes time but is essential for long-term sustainability. If executed successfully, it could help Sapura Energy exit PN17 status without relying on external White Knights.

Syabas to Sapnrg..

https://www.thestar.com.my/business/business-news/2024/05/07/sapura-energy-gets-us18bil-worth-of-plsv-related-contracts

Mabel

23,282 posts

Posted by Mabel > 4 days ago | Report Abuse

intansri Normally if you got award this kind of project, company will receive 30% down payment to carry the project. Under this scenario, 5218 will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future
08/05/2024 11:27 AM

SinGor $900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal )
08/05/2024 11:38 AM

It's looking good..

Mabel

23,282 posts

Posted by Mabel > 4 days ago | Report Abuse

Just realized the New Contract is in USD. Normally if you got award this kind of project, company will receive 30% down payment to carry the project. This mean, Lady Sapura will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future for our Lady…

Syabas to Sapnrg..

https://www.thestar.com.my/business/business-news/2024/05/07/sapura-energy-gets-us18bil-worth-of-plsv-related-contracts

TalkNumberOne

2,923 posts

Posted by TalkNumberOne > 4 days ago | Report Abuse

😁😁😁😁😁

BLITZRIEG

74 posts

Posted by BLITZRIEG > 4 days ago | Report Abuse

Then with additional contract USD 1.8billion should see price creeping up a bit before out from PN17

5354_

4,628 posts

Posted by 5354_ > 4 days ago | Report Abuse

Today also no up meaning operators must wait QR to improve first before pushing up?

TalkNumberOne

2,923 posts

Posted by TalkNumberOne > 3 days ago | Report Abuse

Where is OKU and co? Hiding mana?

SinGor

4,659 posts

Posted by SinGor > 3 days ago | Report Abuse

Bankers Mopping should Stop Once White Knight Cash Or Bankers HairCut announced

SinGor

4,659 posts

Posted by SinGor > 3 days ago | Report Abuse

https://oilprice.com/Energy/Energy-General/Deepwater-Exploration-Is-Booming-Again.html
___________________________
Deep Water drillings if successful ( strike Oil )---End results are Platforms are also needed to extract the Oil.
SAP platform units has more potential now

Nikmon

2,965 posts

Posted by Nikmon > 3 days ago | Report Abuse

2 weeks ++ left, SAP fail again...

Mabel

23,282 posts

Posted by Mabel > 3 days ago | Report Abuse

The Real Trick To Investing Is — Patience.
You need patience to see the stock go to the bottom.
And you need patience to see the stock go to the top.
And you also need patience to see the stock to skyrocket.
And then you also need patience to see your compound dividends coming in every single month or quarterly.

Charlie Munger once said, “The big money doesn’t come from the trading every single day, but from patience of wait-and-do-nothing.”

So, if you want to make big money with patience…

Warren Meow

TalkNumberOne

2,923 posts

Posted by TalkNumberOne > 2 days ago | Report Abuse

Still waiting Oku and co. Hahaha 😂😂😂 hiding in the closet?

Posted by necessity > 2 days ago | Report Abuse

white knight finally comes to the rescue. they are making come back guys..let see how good this news will be brewing. will start to mobilized local asset for new project very soon.its happening.

PaiKia

75 posts

Posted by PaiKia > 2 days ago | Report Abuse

after 2 weeks, still 0.045 cent

TalkNumberOne

2,923 posts

Posted by TalkNumberOne > 2 days ago | Report Abuse

Hehe after 2 years also still 0.05 0.045 la. Where is OKU when can redeem your 0.01 or 0.02 or bagi you discount 0.03? Still cannot and now you hiding in the closet shivering? 😂😂😂😂 what a joke my chun chun prediction 2 years ago you will pretend go missing.

Nikmon

2,965 posts

Posted by Nikmon > 1 day ago | Report Abuse

Only can do leasing contract, lumut yard dying...

TalkNumberOne

2,923 posts

Posted by TalkNumberOne > 1 day ago | Report Abuse

Oku and co oiyo, weekend also hiding ah? Haha overtime hiding nice la, make the world a better place.

SinGor

4,659 posts

Posted by SinGor > 1 day ago | Report Abuse

I am Not concern about PN17 regularisation report on 31 May but the next Date 10 June needs urgent
announcement like where is the White Knight Cash?
As a on-going concern SAP needs much more Cash than you think in 3 years----RM 4.30Bil for Brazil Project
RM 5 Billion for on-going projects ( i was told most unprofitable legacy job from Petronas already Cancelled )
How SAP is going to Raise another RM10 billion for Projects beside Debt Coverage( atleast 4--5Billion )--
A new "Partner with Deep, deep pocket" has to come-in ( will come as a very surprise announcement )

TalkNumberOne

2,923 posts

Posted by TalkNumberOne > 16 hours ago | Report Abuse

Singor thanks for sharing. You are always a reliable share. Thank you so much

Nikmon

2,965 posts

Posted by Nikmon > 1 hour ago | Report Abuse

No new job for lumut yard...

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