SapNrg

Sapura Energy bags underwater service contract from Thai-owned PTTEP group
https://theedgemalaysia.com/node/709785

1 week ago

Nikmon

Selling SAPOMV asset sour in the society, PMX may change his mind to support SAP instead let white night take over..

1 week ago

Nikmon

With cash strapped p17 status, no big project can awarded, only leasing job..haha

1 week ago

missnidhi

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1 week ago

Nikmon

4 weeks left.......

1 week ago

intansri

The latest CFO is specialist for corporate finance restructuring

1 week ago

intansri

The westport share price up to the moon when he become CFO

1 week ago

Nikmon

McDermott compl

Installation of the topsides has cleared the decks for the start-up of gas production from ONGC’s Cluster 2 development, which has been delayed by several years owing to the Covid-19 pandemic and financial woes faced by Sapura Energy.

Long delay losing project completed!!!

1 week ago

Baby Shark

Wahhh.. banyak kena tang sini

5 days ago

Alex™

not bad, this sapulah energy counter still alive

5 days ago

Baby Shark

Apa project pun talak.. gaji direktor tinggi

5 days ago

SinGor

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445616
__________________________________

At 1.8Billion = RM 8.55 Billion Contract ( SAP 50% --shares 4.27 Bil )---I wonder how SAP is going to raise
4.27Billion----Somehow i think "another shareholder" might Take over SAP Bcos i know there a few more
projects SAP has Bid ( might also secured )

5 days ago

masterkevin212

SAPURA Energy Berhad 宣布，其合资实体与 Paratus Energy Services Ltd 合作，已获得 Petroleo Brasileiro Sa (Petrobras) 的合同，为价值 18 亿美元的六艘铺管支持船 (PLSV) 提供服务和租赁。

这些合同为期三年，涉及巴西水域的海底工程、安装和其他服务。

​Sapura Energy 的子公司 Sapura Offshore Sdn Bhd 持有这些合资公司 50% 的股权。

5 days ago

koyokui

Buy buy got joint venture

5 days ago

SinGor

I think most of SAP "Legacy projects" ( not profitable ) Either had project Cost revised or Cancelled Due to
Covid---Covid was 3 years Long and most legacy projects have 3 years Execution period ( if no start work it
will be cancelled or renegotiated ) Covid has actually "Help" SAP New management

5 days ago

SinGor

https://www.offshore-technology.com/news/bangladesh-bidders-exploration/
_______________________________

Once Gas or Oil is discovered, you need a platform to extract it----24 Blocks has many potentials ( many Hits and
platforms required )----Nearest platform Builder ( Lumut Malaysia---SAP )

5 days ago

TalkNumberOne

Where are those 2 stooges commented 9hours back. Hahahaha kena slap immediately not just them kena slap. 😂😂😂😂😂

5 days ago

limch

Sapura Energy JVs win US1.8b contracts for subsea engineering and related services in Brazil
https://theedgemalaysia.com/node/710658

5 days ago

Nikmon

CDRC, Bursa, and Court approve the extension until early of Jun only, 3 weeks left.

5 days ago

thetruthstory

so many announcement about projects recently secured, this info is a precursor to the regularisation plan and lifting of PN17 status

5 days ago

Baby Shark

Semua projects kecik mayong, want cover costs office boy/road tax kereta pun susah..

4 days ago

thetruthstory

yeah mr sharksfin, its only usd1.8b

4 days ago

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

4 days ago

SinGor

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

4 days ago

SinGor

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

4 days ago

Nikmon

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

4 days ago

Nikmon

Price won't buzz until restructure plan announce

4 days ago

SinGor

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

4 days ago

intansri

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

4 days ago

Mabel

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

4 days ago

Mabel

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..

4 days ago

Mabel

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

4 days ago

TalkNumberOne

😁😁😁😁😁

4 days ago

BLITZRIEG

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

4 days ago

5354_

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

4 days ago

TalkNumberOne

Where is OKU and co? Hiding mana?

4 days ago

SinGor

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

3 days ago

SinGor

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

3 days ago

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3 days ago

Nikmon

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

3 days ago

Mabel

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.
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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

3 days ago

TalkNumberOne

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

2 days ago

necessity

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.

2 days ago

PaiKia

after 2 weeks, still 0.045 cent

2 days ago

TalkNumberOne

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.

2 days ago

Nikmon

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

1 day ago

TalkNumberOne

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

1 day ago

SinGor

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 )

1 day ago

TalkNumberOne

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

23 hours ago

Nikmon

No new job for lumut yard...

9 hours ago