Stop listen to other sifu. Follow Sifukaukau buy as much as you can NOW..

EPF can fully dispose all the shares in 2 months based on 400+ mils with 7 mils average selling per day.

Sifu Betkaukau will buy $200k into Sapura as soon as my margin acct being approved next week. Never so confident since last time bought Airasia when it was $0.90+

Buy when ppl fear, sell when there are so many promoters !!!!

Target price within 2 months : $1.00+

Sell your house, cars and etc to buy Sapura now

Listen to Sifu Betkaukau : Buy as much as you can now or Sailang and do not contra. Will go up to $1.00 soon.

@KAQ4468. Your new sifu is here and asking you to sailang on Sapura...

The US stock market is going for correction due to overbought not crash/crisis. Don't listen to those keep saying market will crash soon.

After the 2008 crisis, many rules and regulations were introduced to prevent another crisis. That's why it will not happen this year.

So when? Based on my study, market will crash after Dow reached 30,000. Who/What will trigger the crisis?

Anyone with me Sailang on Sapura?

KAQ4468. I'm your new sifu here. Sailang on Sapura before it take off to $1.00+. Hope my margin $200k come in time before it rocket up..

Oh no... pls don't go up so fast. My margin acct for RM 200k will be approved by this week. Gonna whack BIG on this counter..

@posby. Ask yourself, you want to buy into Aramco after they push up the oil price to $100 for listing. Next day you wake up might see the oil price drop back to $60+ woh..

Listing of E&P is a very bad move for Sapura. They should sell-off/spin-off those division that not making money, E&C and E&D (reduce loss/debt)

This is example of good BUSINESsss company manage by MONKEYsss

I heard Sapura is in hugh debt which around RM 17 billion. With listing of E&P and write back saga might reduce couple of billion. Hope they don't burn cash on-hand so fast. Basically on paper, Sapura is Doom...

How much the SKD Alliance contract worth? Anyone?

I hope Sapura stay low for a while so that I can collect more bullets to betkaukau..

https://www.thestar.com.my/business/business-news/2018/01/26/winners-and-losers-from-interest-rate-hike-by-cimb-research/

The company that will suffer most is Sapura Energy, as about 35% of its borrowings are denominated in ringgit and are on floating interest rates.

A 25bp hike in Malaysian borrowing rates may raise interest expense by RM15m. We forecast Sapura Energy to deliver a core net loss of RM223m in FY1/19F.

Shareholder of Sapura could be rewarded with certain allocation too either free or restricted offer in IPO

Seem this might not be good news. After the spin-off basically SAPNGR left with E&C which is non-profitable.

@zero - Thanks. How long it will take from the official announcement to listing? I believe the spin-off require shareholder approval. Right?

What will happen to current shareholder/stock if Sapura spin-off their E&P? Anyone??