SAPURA ENERGY BERHAD
KLSE (MYR): SAPNRG (5218)
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Last Price
0.045
Today's Change
+0.005 (12.50%)
Day's Change
0.04 - 0.045
Trading Volume
1,185,100
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
79 people like this. Showing 50 of 147,275 comments
Where is Oku and co? Haha don’t make my chun chun prediction 100% record le. 2 years ago already predicted you will pretend missing hahahaha. Next time noob admit noob don’t sia soi your self
2 weeks ago
if nothing happens and extension is given, next qr announcment will spike the share price, if any good news before then, can immediately see double/triple/quadruple your profit, fasten yr seatbelt
2 weeks ago
Same wake service planned for 1000days
Already stuck in long kang over 800days
Promote now is smart
Promote 2 years ago dumdum lo.. all stuck 🤣🤣
2 weeks ago
lol finally Oku and gang came out of hiding. 😂😂😂😂😂😂😂😂 deliver 1 sens or bagi you discount 2 sens first then you talk else shut your self in the closet and continue hiding.
2 weeks ago
Now you want to change to “promote now is smart” lol. Since when you can change from no balls to getting balls back. lol curi from your friend? By the way your friend also lost his balls
2 weeks ago
U stuck since 2022/2023 is nice feeling? 😆😆😆😆
Please attend wake service 1000 days..
Dumdum promoted for so long... those promote now is smarter 🤣🤣🤣
2 weeks ago
Haha don’t pretend you are somebody la. The reason I called for you is to trigger your ego balls. Haha and true enough you are a loser in market I bet a loser in life also. Haha don’t agree? Check where were you hiding and where are you now? More obedient than a dog hahahaha
2 weeks ago
Yo doggie pretend never reads and go hiding again? Haha worst than newbie la you. EQ - 0 tested. IQ - 0 also tested . Haha
2 weeks ago
As a value investor, I look for turnarounds. These are companies whose market prices had tanked because of some business issues that I considered temporary and could be overcome.
Bursa Malaysia Sapura Energy fitted this bill in 2018 after being the darling of the stock market a few years earlier. It faced declining order books due to the declining oil prices. This is a company where there is a strong correlation between crude oil prices and its performance.
https://i.postimg.cc/7hwb6Kv1/Sapura-crude-correlation.png
Crude oil prices are cyclical and I thought that the company was sound enough to outlast the downtrend leg of the crude oil price cycle.
Over the next few months, I built up my investment to end up with an average share price of RM 0.39 per share. Sapura had a book value then of RM 0.87 per share with a NTA of RM 0.37 per share. Ya, this is a company with a lot of goodwill and other intangibles.
You would have thought that there was enough margin of safety to ride out the storm. Analysts were projecting target prices above a Ringgit at that juncture.
Anyway, the downtrend leg of the oil cycle lasted longer than anticipated. Sapura continued to bled so that today, it had written off all the intangibles and is trading at RM 0.05 per share.
The company is still looking for a sustainable turn around. And I suspect it will have to undertake a debt and equity restructuring scheme to come back. This means haircuts for creditors and shareholders. This is a bet gone wrong and I will probably not be able to recover my investment.
Moral of the story?
Catching falling knives can be dangerous but if you succeed, you have a multi-bagger. But if you fail, it must be part of a good portfolio so that the gains from the others more than offset the losses you suffer. Sure I have such a portfolio. But this does not stop me from regretting my investment in Sapura Energy. https://www.youtube.com/watch?v=1N5mi-7kRM8
1 week ago
Hair Cut vs Liquidation
Which option brings more to the table in SAP case?
Look no further than Serba. Same big debts to banks.. liquidating now.
1 week ago
20:1 Reduction doesnT make Sense at All----Nosh will be reduced to 900,000,000----That will make SAP
market price at RM1.00----Now minimum Cash SAP needs is around 3-4 Bil ---Which means RI got to be RM3.
Let make some Real Sense----Will you Buy SAP RI @ RM3.00 ( Given market price RM1 )
1 week ago
Maybe we convince " BoB No Hope " to Buy --Or OKU Or YKK to Buy---They are foolish But not Bodoh
1 week ago
Where are all the foolish not bodoh dumbos. For years calling 1 sen still cannot deliver, I hope your wife won’t say the same. 😂😂😂😂
1 week ago
When it matters most. You go hiding? Haha don’t make my prediction chun chun la. Market up or not I don’t know, you go hiding when it matters most that one I am sure.
1 week ago
No balls to come make a statement? Don’t worry you have no reputation at all
1 week ago
Still hiding pretend no read? Hahaha betul betul no balls. Pinjam from your neighbour kakak, she has more balls than you la.
1 week ago
Aiyoyo betul betul no balls. Haha 😂😂ten don’t act like a pro kalau no balls. Already said you are worst than newbie, now you sendiri go prove me right? Apa lagi mau?
1 week ago
Who is this Ular? I call for no balls suk chun guy, you admit you are one then we talk. Otherwise can go learn English. Sideway sideway that’s what I taught your no balls friend for 2 years need to teach them how to draw lines. Unless you are one of them and pretend with another name. I don’t understand why your balls burning cannot tahan I call for no ball guys. Hahahaha jangan i shoot naga, ular pulak come out.
1 week ago
Still got 6 trading days before due date...is time to guess how long is the extension
6 days ago
With the daily volume rollover increased for the past one week, any implication of good news or bad news. Is anyone know?
4 days ago
Would court grant extension again? Those subcon receive nothing, those loan shark collect interest daily..however subcon outstanding perhaps only 1bil which can be pay by SAP immediately by selling some assets. Instead after 3 years ++, receive nothing because of Court restrain order ..
3 days ago
"HairCut, HairCut"----Bankers Nightmare
I think Management will announce How many Bankers "agreed to HairCut" in coming announcement
to Deflect Bursa enquiries Later ( 31 May----hahahha---just a Show )
2 days ago
After 6 months since creditor agreed on the restructure, still not able to provide detail....need to close shop E&C, lumut yard utilisation 0.1% after ONGC complete.
2 days ago
DonT be surprised if Bursa "agreed" on a 2years Probation out of PN17.
Reason is SapOMV Deal needs atleast another year to complete and SAP management need new Cash
another 3 Billion to finance Brazil project
2 days ago
I speculate extension from Bursa no issue, problem is the order from court..there are least 10 subcon sue SAP, if no extension from court, CDRC will not extend also, in the last report few subcon still not willing agree on the restructure arrangements,
2 days ago
Need to fire all the worker at lumut yard, since no fund no project at least another year..
2 days ago
One Sub.Con told me SAP can actually raise RM3 billion in Brazil thru Gov project financing for O&G---Good
news for SAP ( no need for local loan )
2 days ago
Haha thanks singor. One oku gang also told me they are hiding scared SAP going to recover from here. 😂😂😂😂 when it matters most you gone missing? Haha oku and co where are your balls? Even Stray female dog has more balls than you.
2 days ago
Don’t let me prove you are worst than a dog. Come and face it, oku and gang. 🙈🙈🙈🙈 monkey also no eye see you
2 days ago
Don’t want to come out and face it? Haha don’t prove me right la. You no balls. Talking so big 1 sen 1 sen now when it matter you go hiding? Come la cheer for 1 sen. No matter where you hide god will know you predicted 1 sen and you have not delivered your promise 😂😂😂
1 day ago
Haha singor, no news from OKU and gang is not good news. For all we know OKU full load on Sap already hahahahhaa 😂😂😂 and they are worst than noobie
1 day ago
If Management didnT post PN17 report, by 31May, it means they have submitted request to leave PN17 after
selling SapOmv---which is One month (22Apr) from Today----Bursa maybe scratching its head since ---Let SAP
go or no ----or face political pressure day and nite )
16 hours ago
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