I`m still here to support Sapura. 0.04 is my cost and already queue to buy another 1 million shares at 0.035 for 2 weeks.

Don't put much hope of QR result. Look at Velesto you should know the behavior of this 2 counters. Only during super high contract rate period this 2 counters able to make money. When it back to normal time, every quarter also red.

If the QR result is good, shouldn't have this kind of dumping.

Anyway this QR is past Dec, 2022 result, just like what happened to Velesto recently.

We are betting for the future with believe that the company will survive this storm. Probably is an good opportunity to grab more at this extremely low price.

Again I said this my gambling.

Maybe the QR result is bad again. Selling pressure is high now.

Who bought 5 million shares at 0.045 in one transaction this morning?

This should be the best year for Velesto since change name from UMW OnG to Velesto.

Still can't make money this year, can sink all the Nagas and fire all the top management.

Buy queue 360 million shares.

#我就坐着等石头变黄金

Harga mantap , boleh naik tak boleh turun!

#我就坐着等石头变黄金

Steady stay at 0.045. You want to buy 0.045 also no chance. Syndicates queing at that level for months.

Aman and Damai! Cheers!

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If after 50 to 1 and price drop to 0.01, PNB paper lost 99.93%.

You think government people all no brain?

Armada got good news? Other OnG counters are in red but this Armada going up. Mesti ada udang sebalik Batu!

PMX pergi Arab jumpa bakal menantu.

There are many investors lost 95% or lost 85% like PNB in the counter. Not way for them to release the anger and hate. One of them non stop posting negative news on this forum.

God bless you, hope you recover your losses in other counters. Forget about Sapura, is not your cup of tea.

Jack-up daily charter rate (DCR) of just US$67,000 (RM284,750) per day in the 2020 has risen to as high as US$100,000 to US$130,000 (RM425,000 to RM552,500) per day.

Like that also can't make money, I speechless.

Syndicates eat a lot of shares at 0.045, banyak kenyang.

Keep the energy to push later.

Dato , we have a dog here jaga our door.

A mad dog but it does the job!

Good dog!

To Our Success !

#我就坐着等石头变黄金

Nothing to worry, many of us here already earned handsome profit from this counter and continue to make money.

The latest contract rate not fully reflected in the QR result. Wait for another 2 QR, if still not making any money then you sell it off.

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No need to argue with anyone, just put your bet and wait patiently.

#我就坐着等石头变黄金

*Sapura Energy finds a white knight* this statement is from The Edge. This information came from Sapura`s court document and based on this information, the court allowed extension of 3 months for debts restructuring.

This is not nonsense information. Sapura management dare to submit fake news to the court? Think about it.

#我就坐着等石头变黄金!

Sapura`s brother Velesto was 0.08 only last year Aug to Sept. Now trading above 0.20 almost 3 folds highest was 0.275.

You dare to buy you already laughing all the way to the bank!

#我就坐着等石头变黄金!

1 million shares baru 40k. PNB`s cost 1 million shares is 300k.

What I need to worry? PNB have to worry, PMX have to worry about it.

我就坐着等石头变黄金!

A company earning 732million a year, PE less than 5.

No brainer deal. I top up again yesterday!

I'm standing behind the defense line, the syndicates defending the frontline now.

I'm happy, I don't care what the others say.

I don't have to share my profits with you and you don't have to bear my losses.

Analyst makan gaji only. They just follow big boss`s direction.

Some serious discussions is going on. Strong defense at 0.045 and I'm behind the defense line. Looking at paper gain % also damn happy already!

Buy Q 0.175 but nothing in the trap. Repeat the same trap for one month.

Issue new shares and ICUIDS to MCF creditors.

The proposed share consolidation would see, among others, 20 Sapura Energy shares converted into one. The company will then issue 500 million shares at RM1 each to its MCF creditors as part settlement of the amount owed.

Sapura Energy has also proposed the issuance of ICUIDS worth RM1.5 billion to its MCF creditors as part settlement of the amount owed.

https://www.theedgemarkets.com/node/658901

Someone give 10 to 12 cent TP. Hello like that market already collapsed like Covid time. If you think reccession is coming better sell all your shares and keep only gold.

Anyway I already set my buy queues for a few weeks from 0.175 to 0.16. Hope able to catch some panic sells.

Happy to see this price adjustment. Big sales is coming, everyone should be happy to grab more tickets or grab back the sold tickets at low price.

Heavy sell down for all OnG counters but my Sapura still showing positive paper gain. Thank you for supporting this counter.

Is either accept the offer (new repayment terms and haircuts) or banks get the Sapura junk yards

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For you is big money. For the Arabian company it just 2% of last year profit.

Money always not a problem at all. Money issues able to resolve. This is just a small portion of my total investment. I have nothing to worry about. My Sapura stake still showing positive paper gain.

Tin kosong with mental illness, no cure at all.

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Let's the government think of best way the solve the problem. Government have professional think tank to think about the solution. Tin kosong shut up your smelly mouth. Besides the debts and the PN17 known issues which already reflected in the share price, you got nothing to contribute in this forum.

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According to listing requirements, listed company has to release the QR within 2 months after the end of each financial quarter. Today just 18th of March. Still have more than 1 week time to submit the report.

Debts is no more a concern for Armada. Now the debt to book ratio so healthy. Cashflow is health.

Debt issue was 2019 issue. If you dare to buy during 2019 low, you would already made 500% gain!

Oil and Gas company super rich now, should have budget to do carbon capturing and storage projects. The greenhouse gas (GHG) emissions reduction is the oil company key social responsibility.

Petronas carbon capturing project awarded to MHB:
https://www.offshore-energy.biz/worlds-largest-offshore-carbon-capture-project-is-a-go-in-malaysia/