I have a strong intuition that Sapura Energy will soon exit its PN17 status. This could potentially serve as a significant catalyst for the upward movement of the share price.

Hello, fellow shareholder! I hope you're having a great day as well.

As of now, there hasn't been any recent update. You can refer to the CEO's latest statement where he mentioned that Sapura Energy Bhd is in the final stages of completing its restructuring scheme with lenders and trade creditors.

I shared with our fellow shareholders last week that the restructuring scheme with the creditors has been finalized. The banks have agreed to a haircut and an extension of the payment period.

We should keep an eye out for an official update from the management in the near future.

=D

=)

In the Sapura Telegram Group, I came across a scammer who goes by the name "CANYON."
This individual is exceptionally bothersome and frequently instigates conflicts with shareholders within the group.
Upon investigation, we discovered that he had cut his losses at 0.035. It's no surprise that he's excessively pessimistic about Sapura Energy and consistently trolls shareholders in the telegram group.

What motivates someone to act in such a way? If you've cut your losses, it's best to move on. So why linger in the group? And if you choose to stay, why engage in trolling other shareholders?

Interestingly, this CANYON character quietly LEFT from the Telegram group after Sapura Energy gained a remarkable 70%! Hahahaha.

One day, I will, I promise, I will reveal my true identity and the number of shares I own in Sapura Energy.

The reason I actively share updates here isn't because I'm just a shareholder like all of you, but because I'm tired and frustrated by the continuous trolling of shareholders by scammers in this forum.
It's our money, so why should they care so much?

If you're a regular reader of the SAPURA forum, you're probably familiar with me. I've been here from the very start, continuously standing up against scammers like Bob, Huang, OKU, i3lurker, DickyMe, and a few others.

Sometimes, I provide valuable updates and reasons why you should consider buying or holding onto your Sapura investment.

Navigating this counter has been a challenging journey. If you're not prepared to fight, dealing with a PN17 counter like this is quite a different game altogether.

2 months ago

I have noticed that my comments are being read by many individuals, and some of you have even shared them in Telegram groups through copy-pasting or screenshots. I am an active member of the SAPURA TELEGRAM group, and I am aware of the discussions and opinions circulating there. I want to express my gratitude to those who find my insights beneficial, especially during these challenging times.

I want to clarify that I do not urge people to buy more shares every day. My intention is to provide support and guidance to SAPURA ENERGY shareholders. As a community, we may feel isolated as there is limited coverage from investment banks or other sources. External perspectives often paint a pessimistic picture for SAPURA Energy.

My presence here is to offer my unwavering support and share valuable insider tips (though not everything, just selected information) to assist shareholders and provide them with a sense of comfort. It is essential to remain cautious and not be influenced by those who advocate for cutting losses prematurely. Let's stay united and focus on making informed decisions based on reliable information. Together, we can navigate these challenging times and work towards a brighter future for SAPURA ENERGY shareholders.

Few Months ago....

SELL and CUTLOSS NOW! Delisting, Winding up soon! RO will not extend, Bankers want to liquidate!!
RO expire
RO expire
RO expire
RO expire

Few weeks ago after RO extension....
RO extension is bad. stuck for 9 months. SELL! SEL!!!


This week....

Sapura truly just a mediocre investment. 70% gain is nothing. Shark going to eat you alive. 0.03 soon bla bla bla
Its always 3.5 to 6 and Suiyee Sucker Bilis buys 6. Horrors!! This round very few people bought 6! Sharks are stuck
____________________________________________________________________________________________

Lesson learned: Trust the advice of experienced investors like DatoT20, Mabel, and our fellow shareholders. When it comes to owning Sapura shares, it's wise to heed the guidance of knowledgeable individuals. Rather than paying attention to trolls or those with limited resources, focus on the insights of those who understand the market and have a stake in it.

I write this to fellow shareholders 1-2 months ago.

Dear fellow shareholders,

I hope this update finds you well. It has been some time since I last shared information with all of you, and I believe it's important to keep you informed about recent developments. Please note that the following update is specifically intended for shareholders, and if you have a negative outlook or encourage others to cut losses, I kindly request you to refrain from reading further.
________________________________________________

Sapura Energy is currently undergoing a significant development in its restructuring efforts. According to the information I have received, there are several key elements involved in this process.

Firstly, there will be the establishment of a Special Purpose Vehicle (SPV) to facilitate the restructuring. This SPV will likely involve the collaboration of the government and Petronas, the national oil company of Malaysia.

Additionally, there is news about a potential golden handshake from the government to support Sapura Energy's restructuring. The details and extent of this arrangement are not yet fully disclosed.

Another important aspect is the involvement of CDRC (Corporate Debt Restructuring Committee), a team associated with Bank Negara Malaysia, the central bank. They are reportedly working internally to ensure a smooth restructuring process for Sapura Energy.

As part of the restructuring plan, there is a proposed injection of RM1.8 billion into the company. Also, approximately RM0.8 billion in loan will be allocated for repaying existing loans.

These developments are considered as internal measures and can be seen as a form of bailout to support the company's sustainability.

For the creditors, it is expected that there will be a haircut of more than 50% on the outstanding debts. This means that creditors will need to accept a reduction in the amount owed to them.

The urgency to prevent Sapura Energy from going bankrupt is evident, and efforts are being made to settle outstanding obligations to creditors in a timely manner. As part of the deal, creditors have the option to accept a 60% haircut and receive the funds promptly. However, if they choose not to agree, they may have to wait for the process to unfold, which could potentially take a significant amount of time.

It is crucial to monitor further updates and official announcements from Sapura Energy regarding the details and progress of this restructuring plan.

Regards,
DatoT20 (Sapura Shareholders, Diamond hand, Skin in the game, AkuYangBeliKauYangPANAS)
__________________________________________________________________________________________________________
LATEST UPDATE!

After a series of constructive negotiations with its creditors, I have been informed that SAPURA ENERGY has reached an agreement with the banks (MAYBANK is the largest Creditor) regarding its debt restructuring plan. This achievement reflects the company's commitment to resolving its financial constraints and optimizing its financial structure.

PNB and MAYBANK can team up to help SAPURA ENERGY with its Debt problems.

Who's Who:

PNB (Permodalan Nasional Berhad): They own a lot of SAPURA ENERGY's shares, (Majority shareholder)
MAYBANK (Malayan Banking Berhad): They lent SAPURA ENERGY money, and now they want it back. (Creditor)

Because PNB owns a lot of the company, they have the power to talk to both SAPURA ENERGY and MAYBANK. They can help them work together to find a solution. PNB can make sure that both sides feel good about the deal. This way, SAPURA ENERGY can solve its debt, and MAYBANK can get their money back.

i3lurker is Sapura truly just a mediocre investment?
Then what brings you to this forum?
Are you spending your time in a forum for a mediocre counter? Or are you here to scam?

When SAPURA's value climbed from 0.035 to 0.06,
And I persistently advocated for shareholders to HOLD rather than CUT, it's quite evident that I'm not a scammer.

The real scammer is the one who advises people to cut their losses at rock-bottom prices, just like you.

Hello Michael R.!

Do you believe these scammers actually told us to cut losses just so they could benefit? Nah, I highly doubt it. These types of scammers on i3 don't seem capable of being stock manipulators. They're financially limited, probably can't even afford a simple nasi lemak for breakfast.

They're not in a position to buy SAPURA ENERGY SHARES. They've already cut their losses at the lowest price point. Their resentment is evident. They likely don't want SAPURA to make a recovery because that would be even more detrimental to them.

Is a 70% gain over 4 months considered a mediocre investment?
Say whatever u want, but remember, you chose to cut your losses at the lowest price point. No need to be so upset with us. Hahaha =D

I still remember when i3lurker, OKU, Bob, and Huang posted about an inaccurate Sapura Shareholders list. They shared a website claiming that PNB had sold its stake in SAPURA ENERGY.

In response, I countered your argument by providing a screenshot from my Bloomberg Terminal, clearly indicating that PNB still held 40% of the shares. Your response? You dismissed my Bloomberg data as fake, and you even had a good laugh about it.

Regrettably, your comments led some Sapura Energy shareholders to cut losses at rock-bottom prices.

Hey there, i3lurker! Are you still around?????????? Where were you when SAPURA ENERGY's share price went from 0.035sen to 0.06sen, a gain of 70%???????

You used to label me a scammer whenever I encouraged shareholders to hold onto their shares. I distinctly recall the time when SAPURA was trading at 0.03/0.035. You and your pals had a good laugh at our expense. You trolled us relentlessly. Thankfully, I didn't fall for it and managed to gain 70% despite your negativity.

It's a bit disheartening to think about the other shareholders who heeded your and Bob's advice.

I've been actively challenging scammers on this forum for the past few months. Individuals like Bobaxelrod, Huang, OKU, and DickyMe are consistently posting in the Sapura Energy Forum, urging shareholders like us to cut losses at 0.035 & 0.03.

It's apparent that they likely cut their losses after purchasing at higher prices than us. We, the new shareholders, managed to buy SAPURA at the bottom price. Our investment cost is significantly lower. We made the decision to invest when everyone else was advising us to sell our shares.

The successful debt restructuring with banks holds several positive implications for SAPURA ENERGY:

1. Financial Stability
2. Creditor Confidence
3. Operational Continuity

SAPURA ENERGY is on track to exit PN17 status, and this development is expected to drive a positive movement in the share price as investors anticipate this significant milestone.

After a series of constructive negotiations with its creditors, I have been informed that SAPURA ENERGY has reached an agreement with the banks regarding its debt restructuring plan. This achievement reflects the company's commitment to resolving its financial constraints and optimizing its financial structure

I have been informed that the negotiations between SAPURA ENERGY and banks have been successfully concluded

Mana Bob? mana Huang? mana OKU?
3 beruk ni saya masih ingat.

Once upon a time, in the bustling world of SAPURA ENERGY's online forum, two prominent figures named Bob and Huang were known for their outspoken and bold opinions. They were never shy about expressing their views and often encouraged shareholders to cut losses, even during challenging times when the stock price was at its lowest.

As SAPURA ENERGY faced a difficult period, Bob and Huang were vocal critics, calling shareholders "st***d" for holding onto their investments. However, fate had a surprising twist in store. SAPURA ENERGY, against all odds, began to rise steadily, and within a short span, the stock price soared by an impressive 40% - from 0.035 to 0.05.

As the share price climbed, the once-resolute Bob and Huang seemed to vanish into thin air. The forum that was once graced with their constant presence fell into silence. The shareholders, who had often engaged in heated debates with them, noticed their absence and wondered what had happened.

The chatter among the shareholders was that Bob and Huang had cut their losses at the very bottom, realizing their miscalculation, and were now nursing their wounded pride. Many speculated that they had become "butthurt" after witnessing the remarkable rebound of SAPURA ENERGY.

The excitement among the shareholders grew as SAPURA ENERGY continued its upward trajectory, trading at 0.05 with significant trading volume. Messages from various investors flooded the forum, expressing their joy and appreciation for the remarkable turnaround.

But where were Bob and Huang? Their once-dominating presence was now conspicuously absent. Despite not mentioning their names directly, the shareholders knew that Bob and Huang were silently lurking in the shadows, reading every comment and reaction.

As the days turned into weeks, the forum users playfully joked that they were embarking on a mission to find the missing duo, creating playful posts with hashtags like #FindBobAndHuang. Humorous speculations about their disappearance filled the forum, providing some lighthearted entertainment amidst the excitement of SAPURA ENERGY's upward journey.

The truth remained unknown, but the mystery of Bob and Huang's sudden disappearance added a touch of intrigue to the forum. However, as time passed, the shareholders began to realize that their absence didn't matter. The community had found a renewed sense of unity and optimism, with everyone sharing in the success of SAPURA ENERGY's revival.

In the end, the saga of Bob and Huang became a quirky tale in the forum's history. Their disappearance may forever remain a mystery, but the triumph of SAPURA ENERGY became a story of hope, resilience, and the unwavering spirit of its shareholders. And so, the forum carried on, stronger than ever, as the remarkable journey of SAPURA ENERGY continued to unfold.

I am thrilled that SAPURA has finally reclaimed 0.05 with significant volume! Over the past few months, I have been passionately advocating for the truth and urging shareholders not to sell cheap at 0.03/0.035 during the market downturn.

I wonder where Bob & Huang are now? They were consistently encouraging shareholders to cut losses daily, but it seems they are now in hiding

mana bob? haungkuang? sudah lama diam. sudah RIP ke?

=)

If you have sold your SAPURA shares at a loss, please don't hold a grudge or hope for SAPURA to fail. SAPURA will continue to exist and do well. It's not the company's fault that you chose to sell your shares and incur losses.

Sapura Energy has achieved a significant portion of its Q1 FY2024 revenue from international operations, with nearly 70% of the revenue generated from its activities outside of Malaysia. What's noteworthy is that a substantial portion of this revenue, approximately RM748 million, was denominated or earned in US dollars.

The fact that Sapura Energy earns a significant portion of its revenue in US dollars is advantageous for the company, especially considering the strengthening of the US dollar in recent times. As the US dollar gains strength, it enhances the value of the revenue earned by Sapura Energy, leading to increased profitability and financial gains for the company.

With a significant portion of its revenue derived from international operations and denominated in US dollars, Sapura Energy is well-positioned to capitalize on the favorable exchange rates and leverage the strength of the US currency to bolster its financial performance. This diversification and exposure to the global market, combined with the advantageous currency dynamics, create opportunities for growth and profitability for the company.

Sapura Energy has undertaken a Proof of Debt exercise involving trade creditors as part of its efforts to address its financial position and regularize its status. Through this exercise, the company has validated approximately RM1.5 billion in claims from about 2,000 vendors. The majority of the claims have been processed, with only 8 remaining to be resolved.

The Proof of Debt exercise is an important step in the company's restructuring process, as it allows Sapura Energy to assess and verify the debts owed to trade creditors. This exercise helps in determining the fair and equitable treatment of these creditors within the proposed restructuring scheme.

As the process nears completion, it is expected that vendors will experience a haircut in the range of 60% to 70%.

According to the requirements to lift Practice Note 17 (PN17) status, a company must report at least two consecutive quarters of profit. If Sapura Energy continues to report a profit in the next quarter, it will be a positive step towards meeting this requirement.

Revenue: RM952 million
EBITDA: RM332 million
PATAMI: RM146 million
New contract wins with a combined value of RM1.4 billion

later SAPURA cutloss geng will say, this is Fake News. SELL NOW, RIP! 0.03 coming. Beyond repair.
hahahaha

hoi hoya hoi
hoi hoya hoi
hoi hoya hoi
hoi hoya hoi

Talk #1, no latest update for now. I'll share as soon as i hear anything.

No skin in the game
make the most noise in SAPURA Forum
Shareholders goyang kaki, Yang tak beli PANAS hari-hari hahahaha

Hi Bob. Still here? So passionate ya with SAPURA hahahah

Why are u here everyday Bob tua?

His attempt to time the market is bound to fail.

Huang72 is an example of individual who consistently visit this forum, posing as Sapura Energy haters, with the intention of gathering information and waiting for a favorable signal to buy the company's shares. It is worth noting that when Sapura Energy begins to show positive movement, He will likely come forward and claim that he has already bought.

oh waiting for signal to BUY?

"The only solution is winding up, RO expired"
RO extended

"The only solution so far on the table is bankers willing to take a big haircut.. which is not happening.."
few months later u gonna hear bankers agree big haircut

Sapura Energy is currently undergoing a significant restructuring effort to address its financial challenges and ensure its long-term sustainability. The restructuring process involves several key elements:

1) Special Purpose Vehicle (SPV): An SPV will be established to facilitate the restructuring. The collaboration of the government and Petronas, Malaysia's national oil company, is expected to be involved in this SPV.

2) Government Support: There are indications of a potential golden handshake from the government to support Sapura Energy's restructuring. However, the full details and extent of this arrangement have not been disclosed yet.

3) Involvement of CDRC: The Corporate Debt Restructuring Committee (CDRC), associated with Bank Negara Malaysia, is playing a role in ensuring a smooth restructuring process for Sapura Energy. The CDRC is working internally to facilitate the necessary steps.

4) Financial Injection: As part of the restructuring plan, there is a proposed injection of RM1.8 billion into the company. Additionally, approximately RM0.8 billion will be allocated for repaying existing loans.

5) Creditor Haircut: Creditors of Sapura Energy can expect a significant reduction in the amount owed to them, with a haircut of more than 50% on outstanding debts. This means that creditors will need to accept a lower repayment amount.

6) Timely Obligation Settlement: Efforts are being made to prevent Sapura Energy from going bankrupt, and there is an urgency to settle outstanding obligations to creditors promptly. Creditors have the option to accept a 60% haircut and receive the funds in a timely manner. However, if they choose not to agree, they may need to wait for the process to unfold, which could take a considerable amount of time.

cakap pun no facts. Dah tua, boloh pulak tu.

Diam la Bob. hari2 bising sini.

It's quite an interesting world we live in. When I share insightful information with fellow shareholders, some label me as a scammer or a promoter.

However, when someone urges shareholders to cut losses and abandon their investments in SAPURA ENERGY, they are hailed as heroes and protectors of investors.

Dear fellow shareholders,

I hope this update finds you well. It has been some time since I last shared information with all of you, and I believe it's important to keep you informed about recent developments. Please note that the following update is specifically intended for shareholders, and if you have a negative outlook or encourage others to cut losses, I kindly request you to refrain from reading further.
________________________________________________

Sapura Energy is currently undergoing a significant development in its restructuring efforts. According to the information I have received, there are several key elements involved in this process.

Firstly, there will be the establishment of a Special Purpose Vehicle (SPV) to facilitate the restructuring. This SPV will likely involve the collaboration of the government and Petronas, the national oil company of Malaysia.

Additionally, there is news about a potential golden handshake from the government to support Sapura Energy's restructuring. The details and extent of this arrangement are not yet fully disclosed.

Another important aspect is the involvement of CDRC (Corporate Debt Restructuring Committee), a team associated with Bank Negara Malaysia, the central bank. They are reportedly working internally to ensure a smooth restructuring process for Sapura Energy.

As part of the restructuring plan, there is a proposed injection of RM1.8 billion into the company. Also, approximately RM0.8 billion in loan will be allocated for repaying existing loans.

These developments are considered as internal measures and can be seen as a form of bailout to support the company's sustainability.

For the creditors, it is expected that there will be a haircut of more than 50% on the outstanding debts. This means that creditors will need to accept a reduction in the amount owed to them.

The urgency to prevent Sapura Energy from going bankrupt is evident, and efforts are being made to settle outstanding obligations to creditors in a timely manner. As part of the deal, creditors have the option to accept a 60% haircut and receive the funds promptly. However, if they choose not to agree, they may have to wait for the process to unfold, which could potentially take a significant amount of time.

It is crucial to monitor further updates and official announcements from Sapura Energy regarding the details and progress of this restructuring plan.

Regards,
DatoT20 (Sapura Shareholders, Diamond hand, Skin in the game, AkuYangBeliKauYangPANAS)

JPMorgan in to shop SapuraOMV’s NZ, Malaysia oil and gas assets worth RM6.78B!!!
https://www.afr.com/street-talk/jpmorgan-in-to-shop-sapuraomv-s-nz-malaysia-oil-and-gas-assets-20230615-p5dgw5

have received the latest update, but I'm uncertain whether I should share it here or not. It seems that no matter what information I provide, Bob will label me as a scammer if it is positive.

During 12th AGM on 26 JULY 2023........

Example of Questions from Shareholders like us:
1. What steps is Sapura Energy taking to address its debt challenges and ensure long-term financial stability?

2. Can you provide an update on the progress of the debt restructuring plan and any negotiations with creditors?

3. What measures are being taken to optimize operational efficiency and reduce costs across the organization?

4. How is Sapura Energy managing its oil and gas reserves to maximize value and mitigate potential risks?

5. What steps are being taken to enhance transparency and improve communication with shareholders and the investment community?

6. Can you provide an update on the progress of ongoing projects and highlight any significant achievements or milestones?

7. Can you provide an outlook for the future of Sapura Energy and outline key priorities and strategies for driving growth and creating shareholder value?

_______________________________________________________________________

Example of questions from cutloss people & panasbontot like Bob, huang, ularkepalabana:

1. When winding up?
2. Why no pay debt? Hutang bila mauuu bayar!
3. Why RO extend?
4. PNB why hold 0.16% ONLY?
5. When close shop?
6. RIP soon? or not so soon? Why no RIP yet?

betul-betul budo pekat lah geng-geng ni. Hari-hari wish nak SAPURA tutup ya. hahaha

cicakkobeng & nikolas
hahah RO sudah extend. lagi mau sembang Sapura tutup, Winding up? Lu mana Sekolah? hahaha

Few days ago....

SELL and CUTLOSS NOW! Delisting, Winding up soon! RO will not extend, Bankers want to liquidate!!
RO expire
RO expire
RO expire
RO expire

TODAY....
RO extension is bad. stuck for 9 months. SELL! SEL!!!


HAHAHAHAHHAHAAHAH

hai Ular kepala bana,

We all have different perspectives and approaches. I share my assumptions and expectations based on my analysis, and it's rewarding when those expectations align with reality.

On the other hand, it seems that your comments focus on unrelated topics such as snakes, mouse, and cats, which do not contribute to meaningful discussions. As a result, people in the forum may not find value in what you write, and it might be overlooked or disregarded.