*****

Sapura ...investible?

qqq3
Publish date: Mon, 25 Mar 2019, 04:07 PM
qqq3
0 148
"people want to invest, they want to be successful.......they need to have big dreams, and grit....and of course, knowledge and mind set."

Sapura

shares 16 billion @ 35 sen, MC  $ 5.6 billion

RCPS 2 billion @ 40 sen, MC  $ 0.8 billion

total market cap  $ 6.4 billion.

warrants 1 billion

 

Cash $ 8 billion

Borrowings $ 16 billion

Net borrowings $ 8 billion

 

Enterprise value of  $ 14.4 billion ( 6.4 + 8.0)

Still got $ 8 billion of goodwill, don't know when they will write this off.

sold off half their crown jewels., enterprise value of $ 14.4 billion, can still invest?

 

No way....This thing is uninvestible, will continue to suck money from shareholders for the longest time.

Don't even try.

 

 

 

 

 

 

Related Stocks
Discussions
Be the first to like this. Showing 14 of 14 comments

cheoky

good. omg 1st time said this to u

2019-03-25 16:27

kcchongnz

Sapura
shares 16 billion @ 35 sen, MC $ 5.6 billion
RCPS 2 billion @ 40 sen, MC $ 0.8 billion
total market cap $ 6.4 billion.
warrants 1 billion


ARE YOU SURE YOU GOT THE "TOTAL MARKET CAP" CORRECT?


Cash $ 8 billion
Borrowings $ 16 billion
Net borrowings $ 8 billion
Enterprise value of $ 14.4 billion ( 6.4 + 8.0)

YOU SURE YOU GOT THE ENTERPRISE VALUE CORRECT?

2019-03-25 16:41

stncws

sucks

2019-03-25 16:48

qqq3

kc...I right or wrong makes no difference.....

2019-03-25 16:58

qqq3

kc...how much profits before interest can this sapura report to support its enterprise value of $ 14.4 billion ?

more likely will come back to shareholders for more money in coming years.

2019-03-25 17:22

(70B-SAPNRG-3Yrs) Philip

I think qqq3 got his estimated intrinsic value for SAPNRG slightly wrong. But the questions he raised are still valid.

But he is incorrect in underestimating the core value! SAPNRG will be 70 billion dollar company in 3 years and 3 months!

Rm3 here we go!

* Brainwashed by too much stoneraider

2019-03-25 18:09

qqq3

estimated intrinsic value ....what is that?

don't even know what is estimated intrinsic value.

sold off half its crown jewels still got $ 8 billion net borrowings. about 20 billion shares and RCPS and warrants.

what is left in the company? more likely to be another MAS.

2019-03-25 18:42

Heavenly PUNTER

Unker qqq3, looks like you are not the typical lousy punter in Bursa leh... Not bad not bad.... At least you won't touch Sapura...

2019-03-25 20:46

Heavenly PUNTER

THIS IS REALLY ONE OF THE SMARTEST MANAGEMENT EVER, SOLD OFF BUSINESS TO PAY DIVIDEND HAHAHA, TURNED AN OPERATING LOSS QUARTER INTO A PROFITABLE ONE... REALLY GOOD GOOD GOOD I GIVE 100% MARKS

2019-03-25 23:03

3iii

qqq3 is better at understanding this company than raider.

2019-03-26 07:12

3iii

Investable?


Gruesome company. Operating losses!

2019-03-26 07:13

calvintaneng

Sifu pureBULL the best!

OGSE top 2 are Dayang and penergy.. Racing side by side for the ultimate trophy

As for sapnrg don't rule it out. Rumour out there says Shahril's will be replaced by Zeti
If so sapnrg will have a 50/50 winning chance

2019-03-26 07:34

paperplane

Mkt cap oh

2019-03-26 22:17

Macrullen

invest or not invest doesn't matter, what matter is if the company able to generate profit from losses in next or next next qr. the share price will be crazy,u will see how high it can push. like days G and carimin

2019-03-26 22:31

Post a Comment