DatoT20

DatoT20 | Joined since 2023-05-09

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Stock

2023-06-07 00:07 | Report Abuse

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.

Stock

2023-06-06 23:50 | Report Abuse

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.

Stock

2023-06-06 23:42 | Report Abuse

Lets talk about what to expect NEXT....

RO extension provides the company with a valuable window of opportunity to execute its strategies and negotiate with creditors, paving the way for a more sustainable and stable financial future.

During this period, Sapura Energy is expected to focus on several KEY STEPS and make notable progress:

1. Communicating Progress to Stakeholders: Transparency and effective communication will be crucial for Sapura Energy during this period. The company will likely provide regular updates to shareholders, creditors, and the market on the progress of its debt restructuring efforts. Transparent communication helps build trust and ensures stakeholders are informed about the steps being taken to address the debt challenges.

2. Negotiating with Creditors: With the RO extension in place, Sapura Energy will have more time to engage in productive negotiations with its creditors. The company will work towards reaching mutually beneficial agreements, including modifications to repayment terms, interest rates, and maturity dates. Successful negotiations can lead to a more manageable debt structure that aligns with the company's cash flow.

3. Implementing Debt Restructuring Plan: This involves executing strategies such as debt consolidation, asset sales, equity infusion, and business restructuring to optimize its financial position. By streamlining operations, divesting non-core assets, and attracting new capital, the company aims to reduce its debt burden and improve overall financial stability.

4. Strengthening Financial Position: Over the next 6 months, Sapura Energy will focus on enhancing its financial position through various measures. This may include cost-cutting initiatives, improving operational efficiency, and maximizing revenue generation from core business segments. By bolstering its financial performance, the company aims to increase its ability to meet debt obligations and regain market confidence.

5. Seeking Support from White Knights

6. Monitoring Industry Trends: Sapura Energy will closely monitor industry trends and market conditions during this period. By staying abreast of developments in the oil and gas sector, the company can proactively adjust its strategies to align with market dynamics. Adapting to industry changes will be essential for Sapura Energy to maintain competitiveness and seize growth opportunities.

Overall, Sapura Energy's robust debt restructuring efforts, coupled with the granted extension, provide an encouraging outlook for the company's future. By actively addressing its debt challenges, Sapura Energy is taking significant strides towards achieving financial sustainability and creating value for its stakeholders

Investors who recognize the company's commitment to debt restructuring and its potential for long-term financial stability may find Sapura Energy an attractive investment opportunity. However, it is crucial for investors to conduct their own thorough analysis, consider the inherent risks, and consult with financial advisors to make informed investment decisions.

Stock

2023-06-06 23:00 | Report Abuse

In 2023, Sapura Energy has made significant developments that shape its future prospects and strengthen its position in the energy industry. Here is a recap of the latest developments:

1. The recent extension granted to Sapura Energy for the Restraining Order is considered a positive development for the company. The extension, which spans nine months from 12 June 2023 to 11 March 2024, provides Sapura Energy and its subsidiaries with additional time to address their financial constraints and work towards a comprehensive debt restructuring plan. This extension allows the company to continue its operations without the disruption of legal proceedings, ensuring stability and continuity.

2. Oil Discovery in Mexico: Sapura Energy, through its joint venture SapuraOMW, announced a substantial oil discovery in Mexico. The estimated reserves of 200 to 300 million barrels of oil , with an estimated value in the billions of Malaysian Ringgit, contributing to the company's potential growth.

3. Progress in Debt Restructuring: Sapura Energy has made progress in its debt restructuring efforts, with negotiations with creditors nearing completion. This crucial step improves the company's financial stability and paves the way for long-term success.

4. Appointment of Experienced Directors: Wan Mashitah Wan Abdullah Sani and Datuk Nur Iskandar A Samad joined Sapura Energy as independent non-executive directors. Their industry expertise and leadership experience enhance the company's strategic execution and future growth.

5. Capital Injection from a White Knight Investor: Sapura Energy secured a substantial capital injection of RM1.8 billion from a white knight investor. This financial support reinforces the company's ability to navigate its debt restructuring and strengthen its operations.

6. Potential Merger Discussions: Speculation arose regarding a possible merger between Sapura Energy and Malaysia Marine and Heavy Engineering Holdings Bhd (MHB), a unit of Petronas. The discussions, involving major shareholders PNB and Petronas, are at an early stage.

To all Sapura Energy shareholders,

We understand that the current price of the stock is at an all-time low, which may be disheartening. However, we urge you to hold onto your shares and resist the temptation to sell at such low levels. Selling cheap to stock scammers will only lead to further losses.

Instead, consider this as an opportunity to accumulate more shares at these attractive prices. Efforts are underway to put Sapura Energy back on track, and there is hope for the company's recovery. By holding onto your shares, you can potentially benefit from any future improvements in the company's performance.

Remember, investing in stocks requires patience and a long-term perspective. Selling at a low point may result in regret later on when the stock price recovers. Stay optimistic and have faith in Sapura Energy's potential for growth.

Together, we can weather this storm and work towards a brighter future for Sapura Energy.

Hold your shares, believe in the company, and let us navigate through these challenging times with determination.

Sincerely,
Sapura Energy Shareholder, DatoT20

Stock

2023-06-06 22:57 | Report Abuse

Those individuals who were vocal about the Restraining Order (RO) expiring and the possibility of winding up Sapura Energy have suddenly become SILENT (Shivering in a closet).

They persistently urged shareholders to cut their losses, adopting a similar approach themselves. In contrast, there were shareholders like myself who spoke up and encouraged others to hold onto their shares, advising against selling at a low price.

Stock

2023-06-06 22:53 | Report Abuse

As previously stated, I have consistently mentioned that Sapura Energy would receive an extension. Despite doubts and accusations from individuals (Bob & Huang) in this forum, the official announcement confirms that Sapura Energy has indeed obtained an extension. This serves as validation of my earlier statements.

With the extension now granted, it is important to note that the process has reached a significant milestone. Now I'm telling you, the extension period "primarily serves to facilitate necessary paperwork and administrative procedures only. THE CORE DECISION REGARDING THE EXTENSION HAS BEEN FINALIZED.

Stock

2023-06-06 22:47 | Report Abuse

The recent extension granted to Sapura Energy for the Restraining Order is considered a positive development for the company. The extension, which spans nine months from 12 June 2023 to 11 March 2024, provides Sapura Energy and its subsidiaries with additional time to address their financial constraints and work towards a comprehensive debt restructuring plan. This extension allows the company to continue its operations without the disruption of legal proceedings, ensuring stability and continuity.

By granting the extension, the High Court of Malaya recognizes the importance of allowing Sapura Energy to pursue its restructuring efforts and find sustainable solutions for its financial challenges. The additional time enables the company to engage in negotiations with creditors, explore debt restructuring options, and implement strategic measures to improve its financial position.

This extension signifies the court's confidence in Sapura Energy's ability to navigate through its current financial situation and emerge stronger. It provides the company with a supportive environment to execute its plans and pave the way for a more sustainable future. The positive outcome of the extension is expected to bring greater stability, increase investor confidence, and allow Sapura Energy to focus on its core business activities while addressing its financial obligations.

Stock

2023-06-06 20:24 | Report Abuse

I previously mentioned multiple times that the RO would be extended. However, there were individuals, like Bob and his B40 geng, who called me st**id and accused me of being a scammer.

Now, the question arises: Who is the real scammer asking people to cutloss because of RO expired? Who is hiding?
BOBAXELROD

Stock

2023-06-06 20:20 | Report Abuse

Bob mana bob? shivering in a closet ke? Winding up? RO expired?
Lu mana sekolah Bob?

Stock

2023-06-06 18:23 | Report Abuse

The following write-up is intended exclusively for SAPURA ENERGY shareholders. If you're not a shareholder, you may skip reading this, as it may not hold any value for you
______________________________________________________________________________________
To address its RM15 billion debt, Sapura Energy can consider implementing several strategies:

1. Debt Consolidation: Consolidating its debts into a single loan with more favorable terms, such as lower interest rates or extended repayment periods, can simplify the debt structure and ease financial strain.

2. Negotiating with Creditors: Engaging in negotiations with creditors to restructure the debt by modifying repayment terms can help make the debt more manageable. This may involve reducing interest rates, extending maturity dates, or adjusting repayment schedules to align with the company's cash flow.

3. Asset Sales: Exploring the sale of non-core assets can generate funds to repay the debt. By divesting underperforming or non-strategic assets, Sapura Energy can raise capital and reduce its debt burden.

4. Equity Infusion: Attracting new investors (WHITE KNIGHT) or seeking additional capital from existing shareholders through equity infusion can provide the necessary funds to repay or refinance the debt.

5. Business Restructuring: Sapura Energy may consider restructuring its business operations to improve profitability and generate sufficient cash flow for debt servicing. This may involve optimizing operations, reducing costs, or focusing on core business segments with higher profitability.

Over the past 6 months, SAPURA ENERGY has been diligently executing its reset plan, focusing on addressing the strategies mentioned above.

Stock

2023-06-06 18:22 | Report Abuse

Mabel, who are these people? Bob fake account or what? I'm confuse

Stock

2023-06-06 15:39 | Report Abuse

no meaningful discussion so far..

Stock

2023-06-06 10:45 | Report Abuse

I am feeling confused and unsure about the current situation or discussions taking place here.

Stock

2023-06-02 14:39 | Report Abuse

This current phase can be seen as an accumulation period, where investors are actively acquiring shares. It is advisable to remain vigilant and prepared during this time. Stay informed and be ready to take action when necessary.

Stock

2023-06-02 12:17 | Report Abuse

As of the latest update, Sapura Energy's Scheme of Arrangement and Restraining Order are still in progress. The company has been actively working towards implementing its debt restructuring plan to address its financial challenges and improve its financial position.

The Scheme of Arrangement, which is being proposed under Section 366 of the Companies Act 2016, involves meetings with creditors to seek approval for a plan to settle the company's outstanding debts. If approved by a majority of 75% of each class of creditors and granted final court sanction, the Scheme of Arrangement will become binding on all creditors.

Meanwhile, the Restraining Order, granted under Section 368 of the Companies Act 2016, provides a temporary halt to any legal proceedings against Sapura Energy. This allows the company to negotiate and implement the proposed Scheme of Arrangement without disruption from ongoing legal actions.

These measures are crucial for Sapura Energy's ongoing efforts to restructure its debt and improve its financial stability. The company remains committed to fulfilling its obligations to creditors, clients, and vendors throughout this process.

Shareholders are advised to stay updated on further developments regarding the Scheme of Arrangement and Restraining Order, as they play a significant role in Sapura Energy's overall debt restructuring strategy.

Insider: Restraining Order extension approved. Thank me later. Ciao!

Stock

2023-06-02 10:07 | Report Abuse

Let's stay focused on the actual issue and refrain from engaging in negative discussions or personal attacks. It's important to maintain a respectful and constructive conversation to address the matter at hand.

Stock

2023-06-01 17:25 | Report Abuse

The following write-up is intended exclusively for SAPURA ENERGY shareholders. If you're not a shareholder, you may skip reading this, as it may not hold any value for you
______________________________________________________________________________________

Negotiating with creditors is a crucial strategy for Sapura Energy to restructure its debt and make it more manageable. Let's explore an example to illustrate how negotiating with creditors can work for the company:

Assume Sapura Energy has outstanding debts with two creditors:

Creditor A: RM8 billion at 12% interest, to be repaid over 5 years.
Creditor B: RM7 billion at 10% interest, to be repaid over 7 years.

Sapura Energy can approach its creditors to negotiate more favorable repayment terms. Let's assume they successfully negotiate the following changes:

Negotiated Terms with Creditor A:

Reduced interest rate from 12% to 9%.
Extended repayment period from 5 years to 10 years.

Negotiated Terms with Creditor B:

Reduced interest rate from 10% to 7%.
Extended repayment period from 7 years to 12 years.

By negotiating with creditors, Sapura Energy achieves the following benefits:

1) Lower Interest Rates: The reduced interest rates of 9% and 7% for Creditor A and B, respectively, decrease the overall interest expenses, resulting in potential savings.

2) Extended Repayment Periods: The extended repayment periods of 10 years and 12 years for Creditor A and B, respectively, spread out the debt obligations over a longer timeframe, reducing the immediate financial burden and providing more breathing room for cash flow management.

By negotiating with creditors and obtaining more favorable repayment terms, Sapura Energy can improve its cash flow, enhance financial stability, and reduce the immediate burden of debt repayment. It allows the company to allocate resources more effectively towards operations, investment, and long-term growth.

** It's important to note that the above figures and example are for illustrative purposes only and may not reflect the actual negotiation outcomes or terms for Sapura Energy. The specific terms and results of any negotiations would depend on the discussions with individual creditors and their willingness to accommodate the company's financial situation

Stock

2023-06-01 17:21 | Report Abuse

The following write-up is intended exclusively for SAPURA ENERGY shareholders. If you're not a shareholder, you may skip reading this, as it may not hold any value for you
______________________________________________________________________________________

Debt consolidation is a strategy that Sapura Energy can employ to streamline its debt obligations and make them more manageable. Here's an example to illustrate how debt consolidation can work for the company:

Let's assume Sapura Energy has outstanding debts from multiple loans with different interest rates and repayment terms:

Loan A: RM5 billion at 10% interest, to be repaid over 5 years.
Loan B: RM3 billion at 12% interest, to be repaid over 3 years.
Loan C: RM2 billion at 8% interest, to be repaid over 7 years.
Loan D: RM5 billion at 9% interest, to be repaid over 10 years.

To consolidate these debts, Sapura Energy can approach a financial institution and negotiate a new loan with more favorable terms. Let's assume they secure a consolidation loan with the following terms:

Consolidation Loan: RM15 billion at 7% interest, to be repaid over 10 years.

By consolidating the debts into a single loan, Sapura Energy benefits from the following:

Lower Interest Rate: The consolidation loan offers a lower interest rate of 7% compared to the individual loans' rates, reducing the overall interest expenses.

Extended Repayment Period: The repayment period of 10 years allows for more manageable monthly payments, relieving immediate financial strain.

By consolidating the debts, Sapura Energy achieves simplified debt management, reduced interest expenses, and improved cash flow, enabling the company to allocate resources more effectively towards operational and growth initiatives.

** Please note that the above figures and example are for illustrative purposes only and may not reflect the actual situation of Sapura Energy. The specific terms of any debt consolidation would depend on negotiations with lenders and the financial institution providing the consolidation loan.

Stock

2023-06-01 17:04 | Report Abuse

The following write-up is intended exclusively for SAPURA ENERGY shareholders. If you're not a shareholder, you may skip reading this, as it may not hold any value for you
______________________________________________________________________________________
To address its RM15 billion debt, Sapura Energy can consider implementing several strategies:

1. Debt Consolidation: Consolidating its debts into a single loan with more favorable terms, such as lower interest rates or extended repayment periods, can simplify the debt structure and ease financial strain.

2. Negotiating with Creditors: Engaging in negotiations with creditors to restructure the debt by modifying repayment terms can help make the debt more manageable. This may involve reducing interest rates, extending maturity dates, or adjusting repayment schedules to align with the company's cash flow.

3. Asset Sales: Exploring the sale of non-core assets can generate funds to repay the debt. By divesting underperforming or non-strategic assets, Sapura Energy can raise capital and reduce its debt burden.

4. Equity Infusion: Attracting new investors (WHITE KNIGHT) or seeking additional capital from existing shareholders through equity infusion can provide the necessary funds to repay or refinance the debt.

5. Business Restructuring: Sapura Energy may consider restructuring its business operations to improve profitability and generate sufficient cash flow for debt servicing. This may involve optimizing operations, reducing costs, or focusing on core business segments with higher profitability.

Over the past 6 months, SAPURA ENERGY has been diligently executing its reset plan, focusing on addressing the strategies mentioned above.

Stock

2023-06-01 16:13 | Report Abuse

ok Cicakman. I stay.
U apa bikin sini?

Stock

2023-06-01 12:36 | Report Abuse

Celebrating and praying for others to lose money is an extremely unethical behavior. It demonstrates a lack of compassion and empathy towards fellow human beings. I

t's important to remember that karma has a way of coming back around, and those who take pleasure in the misfortune of others may eventually face consequences for their actions.

Stock

2023-06-01 12:31 | Report Abuse

I have repeatedly mentioned that PNB still holds a 40% stake in SAPURA, but many people remain skeptical. I have even shared a screenshot from Bloomberg to support my statement, but it seems that some still doubt its accuracy. They claim that the Bloomberg data is outdated because it shows the filing date in 2022. However, I have explained multiple times that filings are only made when there is a business transaction, and since there have been no recent sales or purchases, there is no reason for a 2023 filing. Unfortunately, some individuals have been misled by unreliable websites and sources, resulting in a few members here cutting their losses at RM0.035. It is disheartening to witness such misunderstandings, as even a three-year-old child could easily comprehend the situation.

Stock

2023-05-31 11:36 | Report Abuse

To all Sapura Energy shareholders,

We understand that the current price of the stock is at an all-time low, which may be disheartening. However, we urge you to hold onto your shares and resist the temptation to sell at such low levels. Selling cheap to stock scammers will only lead to further losses.

Instead, consider this as an opportunity to accumulate more shares at these attractive prices. Efforts are underway to put Sapura Energy back on track, and there is hope for the company's recovery. By holding onto your shares, you can potentially benefit from any future improvements in the company's performance.

Remember, investing in stocks requires patience and a long-term perspective. Selling at a low point may result in regret later on when the stock price recovers. Stay optimistic and have faith in Sapura Energy's potential for growth.

Together, we can weather this storm and work towards a brighter future for Sapura Energy.

Hold your shares, believe in the company, and let us navigate through these challenging times with determination.

Sincerely,
Sapura Energy Shareholder, DatoT20

Stock

2023-05-30 17:50 | Report Abuse

I 've never been in SERBA FORUM. thanks

Stock

2023-05-30 17:08 | Report Abuse

There is still hope for Sapura Energy, so don't give up. If you can no longer buy, hold onto your tickets. Dont SELL cheap to stock scammers!!

SAPURA Energy needs to take several key steps and address the underlying issues that led to its classification as a PN17 company. Here is a step-by-step overview of what SAPURA has done and needs to do:

1. Assess and acknowledge the financial situation: SAPURA Energy must thoroughly evaluate its financial position, including identifying the causes of its financial distress and debt burden. This assessment helps in formulating an effective plan to address the issues and regain financial stability.
Status: In-progress

2. Develop a comprehensive restructuring plan: SAPURA Energy needs to create a detailed and realistic restructuring plan that addresses its debts, operational challenges, and cash flow concerns. The plan should include strategies to improve profitability, reduce debt, optimize costs, and enhance operational efficiency.
Status: In-progress


3. Engage with stakeholders and creditors: Effective communication and engagement with stakeholders, including creditors, are crucial. SAPURA Energy should engage in negotiations with creditors to restructure its debt, negotiate repayment terms, and secure necessary funding to support its operations and turnaround efforts.
Status: Almost 100% complete

4. Implement cost-cutting measures: SAPURA Energy should focus on cost optimization and efficiency improvement initiatives. This may involve streamlining operations, reducing overheads, divesting non-core assets, and implementing stringent financial controls to enhance profitability and cash flow.
Status: In-progress

5. Strengthen governance and internal controls: SAPURA Energy needs to strengthen its governance framework, internal controls, and risk management processes to prevent future financial challenges. This includes enhancing transparency, accountability, and compliance with relevant regulations.
Status: In-progress

6. Focus on core businesses and strategic partnerships: SAPURA Energy should prioritize its core businesses with strong growth potential. This may involve divesting non-core assets or ventures and forging strategic partnerships or collaborations to enhance its market presence and access new opportunities.
Status: In-progress, few assets SOLD already

7. Continuous monitoring and reporting: SAPURA Energy must establish a robust monitoring and reporting mechanism to track the progress of its restructuring plan, ensuring timely and accurate reporting of financial results to stakeholders and regulators.
Efforts already undertaken by SAPURA Energy to address PN17 include engaging with creditors for debt restructuring, divesting non-core assets, implementing cost-cutting measures, and appointing independent directors with industry expertise to strengthen governance and strategic decision-making.
Status: In-progress

By diligently executing these steps and continuing their efforts, SAPURA Energy can work towards successfully addressing PN17 and regaining financial stability, paving the way for long-term growth and sustainability.

Stock

2023-05-30 16:40 | Report Abuse

Manipulating the market with fake news or spreading false information is not only unethical but also harmful to the integrity of the financial ecosystem. Instead of trying to influence others to cut losses or engage in fraudulent activities, we encourage you to engage in healthy and transparent discussions.

Shareholders deserve accurate and reliable information to make informed decisions about their investments. I'M HERE FOR THE PAST 4 MONTHS TO PROTECT SHAREHOLDERS FROM MISLEADING INFORMATION

Stock

2023-05-30 12:14 | Report Abuse

In 2023, Sapura Energy has made significant developments that shape its future prospects and strengthen its position in the energy industry. Here is a recap of the latest developments:

1. Oil Discovery in Mexico: Sapura Energy, through its joint venture SapuraOMW, announced a substantial oil discovery in Mexico. The estimated reserves of 200 to 300 million barrels of oil , with an estimated value in the billions of Malaysian Ringgit, contributing to the company's potential growth.

2. Progress in Debt Restructuring: Sapura Energy has made progress in its debt restructuring efforts, with negotiations with creditors nearing completion. This crucial step improves the company's financial stability and paves the way for long-term success.

3. Appointment of Experienced Directors: Wan Mashitah Wan Abdullah Sani and Datuk Nur Iskandar A Samad joined Sapura Energy as independent non-executive directors. Their industry expertise and leadership experience enhance the company's strategic execution and future growth.

4. Capital Injection from a White Knight Investor: Sapura Energy secured a substantial capital injection of RM1.8 billion from a white knight investor. This financial support reinforces the company's ability to navigate its debt restructuring and strengthen its operations.

5. Extension to Manage Legal Action: The High Court granted Sapura Energy a three-month extension to stall legal action by creditors. This allows the company to engage with creditors and focus on debt restructuring efforts without the distraction of legal proceedings.

6. Potential Merger Discussions: Speculation arose regarding a possible merger between Sapura Energy and Malaysia Marine and Heavy Engineering Holdings Bhd (MHB), a unit of Petronas. The discussions, involving major shareholders PNB and Petronas, are at an early stage.

To all Sapura Energy shareholders,

We understand that the current price of the stock is at an all-time low, which may be disheartening. However, we urge you to hold onto your shares and resist the temptation to sell at such low levels. Selling cheap to stock scammers will only lead to further losses.

Instead, consider this as an opportunity to accumulate more shares at these attractive prices. Efforts are underway to put Sapura Energy back on track, and there is hope for the company's recovery. By holding onto your shares, you can potentially benefit from any future improvements in the company's performance.

Remember, investing in stocks requires patience and a long-term perspective. Selling at a low point may result in regret later on when the stock price recovers. Stay optimistic and have faith in Sapura Energy's potential for growth.

Together, we can weather this storm and work towards a brighter future for Sapura Energy.

Hold your shares, believe in the company, and let us navigate through these challenging times with determination.

Sincerely,
Sapura Energy Shareholder, DatoT20

Stock

2023-05-30 11:57 | Report Abuse

To all Sapura Energy shareholders,

We understand that the current price of the stock is at an all-time low, which may be disheartening. However, we urge you to hold onto your shares and resist the temptation to sell at such low levels. Selling cheap to stock scammers will only lead to further losses.

Instead, consider this as an opportunity to accumulate more shares at these attractive prices. Efforts are underway to put Sapura Energy back on track, and there is hope for the company's recovery. By holding onto your shares, you can potentially benefit from any future improvements in the company's performance.

Remember, investing in stocks requires patience and a long-term perspective. Selling at a low point may result in regret later on when the stock price recovers. Stay optimistic and have faith in Sapura Energy's potential for growth.

Together, we can weather this storm and work towards a brighter future for Sapura Energy.

Hold your shares, believe in the company, and let us navigate through these challenging times with determination.

Sincerely,
Sapura Energy Shareholder, DatoT20

Stock

2023-05-30 11:13 | Report Abuse

In 2023, Sapura Energy has made significant developments that shape its future prospects and strengthen its position in the energy industry. Here is a recap of the latest developments:
1. Oil Discovery in Mexico: Sapura Energy, through its joint venture SapuraOMW, announced a substantial oil discovery in Mexico. The estimated reserves of 200 to 300 million barrels of oil , with an estimated value in the billions of Malaysian Ringgit, contributing to the company's potential growth.

2. Progress in Debt Restructuring: Sapura Energy has made progress in its debt restructuring efforts, with negotiations with creditors nearing completion. This crucial step improves the company's financial stability and paves the way for long-term success.

3. Appointment of Experienced Directors: Wan Mashitah Wan Abdullah Sani and Datuk Nur Iskandar A Samad joined Sapura Energy as independent non-executive directors. Their industry expertise and leadership experience enhance the company's strategic execution and future growth.

4. Capital Injection from a White Knight Investor: Sapura Energy secured a substantial capital injection of RM1.8 billion from a white knight investor. This financial support reinforces the company's ability to navigate its debt restructuring and strengthen its operations.

5. Extension to Manage Legal Action: The High Court granted Sapura Energy a three-month extension to stall legal action by creditors. This allows the company to engage with creditors and focus on debt restructuring efforts without the distraction of legal proceedings.

6. Potential Merger Discussions: Speculation arose regarding a possible merger between Sapura Energy and Malaysia Marine and Heavy Engineering Holdings Bhd (MHB), a unit of Petronas. The discussions, involving major shareholders PNB and Petronas, are at an early stage.

There is still hope for Sapura Energy, so don't give up. If you can no longer buy, hold onto your tickets. Dont SELL cheap to stock scammers!!

There is still hope for Sapura Energy, so don't give up. If you can no longer buy, hold onto your tickets. Dont SELL cheap to stock scammers!!

There is still hope for Sapura Energy, so don't give up. If you can no longer buy, hold onto your tickets. Dont SELL cheap to stock scammers!!

There is still hope for Sapura Energy, so don't give up. If you can no longer buy, hold onto your tickets. Dont SELL cheap to stock scammers!!

Stock

2023-05-30 10:52 | Report Abuse

If Sapura Energy were facing the possibility of delisting and winding up, it is unlikely that they would appoint industry veterans like Wan Mashitah and Nur Iskandar. Hiring experienced professionals in the oil and gas industry suggests that the company is actively seeking to strengthen its leadership and operations, indicating a commitment to long-term growth and sustainability.

Wan Mashitah and Nur Iskandar bring a wealth of knowledge and expertise to Sapura Energy. Their appointments indicate that the company is focused on strategic planning, operational efficiency, and driving positive outcomes. By leveraging their extensive industry experience, Sapura Energy aims to benefit from their insights, leadership skills, and ability to navigate challenges effectively.

Stock

2023-05-30 10:50 | Report Abuse

Who is Nur Iskandar?

Nur Iskandar is a seasoned veteran in the downstream oil, gas, and petrochemical industry, bringing a wealth of experience to Sapura Energy. With 41 years of industry expertise, he has held various senior managerial positions during his career, including CEO of Petronas Fertiliser (Kedah) Sdn Bhd and senior general manager of Petronas' human resource management department.

Nur Iskandar's appointment is expected to contribute significantly to Sapura Energy's growth and development. His extensive knowledge and understanding of the industry, coupled with his strong leadership skills, make him a valuable addition to the company. With a proven track record in project management and business operations, he brings valuable insights and strategic perspectives to drive Sapura Energy's initiatives forward.

Stock

2023-05-30 10:49 | Report Abuse

Who is Wan Mashitah?

Wan Mashitah is a highly experienced professional in the energy industry and brings valuable leadership qualities to Sapura Energy. With over 28 years of experience, including 12 years in senior leadership positions, she has been actively involved in strategic decision-making and has contributed to the growth and success of prominent organizations. Her expertise spans various areas, including finance, strategic planning, project costing, and supply chain management.

Wan Mashitah's appointment is expected to bring significant benefits to Sapura Energy. Her deep understanding of the industry, combined with her proven track record in driving operational efficiency, will be instrumental in executing Sapura Energy's plans and ensuring sustainable growth. Her experience in successfully transitioning companies from wholly-owned subsidiaries to privately-owned entities demonstrates her ability to navigate complex business landscapes and deliver positive outcomes.

Stock

2023-05-30 10:48 | Report Abuse

Sapura Energy appointed Wan Mashitah and Nur Iskandar as independent non-executive directors based on their extensive industry experience. Wan Mashitah's expertise in finance and strategic planning will enhance operational efficiency, while Nur Iskandar's project management skills will strengthen project execution. Their appointments signal Sapura Energy's commitment to growth and value creation.

Stock

2023-05-30 10:34 | Report Abuse

Today we will explore the strategic steps that SAPURA ENERGY, supported by a White Knight investor, can take to successfully restructure its debt and set a course for future growth and stability.

1) Collaborative Debt Negotiation:
SAPURA ENERGY is proactively engaging in constructive negotiations with its creditors, with the support of its White Knight investor. These discussions involve extending repayment timelines, reducing interest rates, and potentially converting some debt into equity. By working closely with creditors and the White Knight investor, SAPURA ENERGY aims to achieve a mutually beneficial agreement that eases its debt obligations and provides a solid foundation for financial recovery.

2) Asset Rationalization and Optimization:
As part of its debt restructuring plan, SAPURA ENERGY is strategically reviewing its asset portfolio. Non-core assets and underperforming businesses may be divested or monetized to generate additional liquidity and repay debt. The involvement of the White Knight investor brings expertise and resources to identify potential synergies and unlock the value of SAPURA ENERGY's assets, further strengthening the company's financial position.

3) Capital Infusion from the White Knight Investor:
The White Knight investor plays a crucial role in SAPURA ENERGY's debt restructuring efforts by injecting fresh capital into the company. This strategic partnership not only provides immediate financial support but also brings valuable industry knowledge, networks, and growth opportunities. The infusion of funds strengthens SAPURA ENERGY's balance sheet and enhances its ability to meet debt obligations while pursuing sustainable growth.

4) Comprehensive Debt Restructuring Plan:
Supported by the White Knight investor, SAPURA ENERGY is developing a comprehensive debt restructuring plan that encompasses refinancing existing debt, negotiating favorable repayment terms, and aligning debt servicing with the company's cash flow generation. By working closely with financial advisors and lenders, SAPURA ENERGY aims to create a sustainable and realistic repayment plan that reduces financial pressure and ensures long-term viability.

5) Operational Efficiency and Cost Optimization:
Alongside debt restructuring, SAPURA ENERGY is focusing on operational efficiency and cost optimization measures. Through streamlining operations, reducing overhead expenses, and implementing lean management practices, the company aims to improve profitability and cash flow generation. These efforts, combined with the support of the White Knight investor, enhance SAPURA ENERGY's ability to meet debt obligations and position it for long-term financial stability.

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2023-05-24 09:51 | Report Abuse

ye Bob. gone case dah. Beyond Repair. Hari-hari ulang benda sama tak bosan ke. Ye kami tahu beyond repair dah. Lepas ni semua shareholders rugi kaw-kaw.

ada lagi bob nak tambah?

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2023-05-23 19:04 | Report Abuse

There's no need for me to provide explanations to you. It's not my responsibility to educate you or address your lack of knowledge. If you're unhappy with my decision to hold SAPURA shares, that's your issue to deal with.

It's important to remember that I am using my own money to invest in these shares. Your negativity and opinions hold no weight in influencing my choices. I have made a calculated decision based on my own research and analysis, and I am confident in my investment.

Instead of being negative and questioning my actions, I encourage you to focus on your own investment endeavors. Everyone has the freedom to make their own choices when it comes to investments, and it's not productive to criticize or judge others for their decisions.

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2023-05-23 19:00 | Report Abuse

Why are you so concerned about my investment choices? I have the freedom to buy and hold whatever stocks I believe in. If you want to label me as part of a specific group, such as B20, go ahead. It doesn't bother me in the slightest.

What I find truly puzzling is your constant presence in the SAPURA forum. Why are you so obsessed with my decision to hold SAPURA shares? Why do you feel the need to scrutinize and question my investment? It's my personal choice, and I am not obligated to explain or justify it to anyone.

Instead of fixating on my holdings, perhaps it's worth examining your own motivations for being so involved in this forum. Are you genuinely interested in productive discussions and sharing valuable insights, or do you have other motives that drive your actions? It's important to reflect on the reasons behind your obsession with my investment and consider whether it serves a constructive purpose.

Ultimately, I stand by my decision to hold SAPURA shares, and your opinion or obsession with it has no bearing on my conviction.

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2023-05-23 18:54 | Report Abuse

hahaha Huang, i3lurker, Bob. All these 3 same user, different ID

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2023-05-23 17:52 | Report Abuse

Gila punya Huang Orang Tua Nak Mampos. Whenever I express my thoughts, you dismiss them as gibberish. However, when you share your perspective, you claim to be presenting facts.

BahLOL punya tua

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2023-05-23 11:34 | Report Abuse

You and your group are so persistent in urging me to cutloss. It is my own hard-earned money that I have invested, and I have the autonomy to make decisions as I see fit. I have chosen to hold my position in Sapura Energy and believe in its potential for recovery. So, why is it of such great concern to you? #AkuYangBeliKauYangPanas

I don't feel the need to justify my stance with specific figures or numbers. I have conducted my own thorough assessment and analysis, and I am willing to take a calculated risk on the potential revival of Sapura Energy. Ultimately, it is my investment, and I am prepared to see it through. So, why does it matter to you so much? #AkuYangBeliKauYangPanas

It is important to recognize that each investor has their own strategies, risk tolerance, and perspectives. What works for one person may not work for another. We all have different reasons for our investment choices, and it is not necessary for everyone to share the same viewpoint. As long as I have conducted my due diligence and have faith in my decision, it is my prerogative to hold onto my investment. #AkuYangBeliKauYangPanas

So, I kindly ask you to respect my autonomy and refrain from exerting undue influence or pressure on me to conform to your beliefs. Let us embrace the diversity of opinions and strategies within the investment community and allow each individual to make their own choices without unnecessary interference.
#AkuYangBeliKauYangPanas
#DahKenapa
#PakaiDuitNenekKauKe

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2023-05-23 11:09 | Report Abuse

Dear shareholders, if you recently bought shares of SAPURA Energy and find yourself contemplating whether to cut losses (listen to Bob, Huang, B40) or hold onto your investment, there are several factors to consider that suggest why cutting losses may not be the best decision at this point. Here are some compelling reasons WHY I still hold SAPURA Energy shares:

Restructuring Plan: SAPURA Energy has implemented a comprehensive restructuring plan aimed at improving its financial position and operational efficiency. The plan involves debt restructuring, strategic divestments, and a focus on core businesses. These strategic initiatives, once fully executed, have the potential to enhance the company's profitability and long-term prospects.

WhiteKnight Investor: The presence of a WhiteKnight investor, who has shown confidence in SAPURA Energy's potential, can be a positive indication. The involvement of an experienced investor with industry networks and expertise suggests that there may be HIDDEN VALUE in the company that others may overlook. Their support and guidance can contribute to SAPURA Energy's turnaround efforts.

Potential for Market Recovery: The oil and gas industry has faced challenging market conditions in recent years, but there are signs of recovery. As global energy demand continues to grow, SAPURA Energy, with its expertise and established position in the sector, is well-positioned to benefit from any rebound in the industry. Holding onto your shares gives you the opportunity to participate in potential future gains.

Long-Term Growth Prospects: SAPURA Energy operates in a sector that is vital to global economic development. The company's core businesses, including exploration, production, and engineering services, have the potential for long-term growth as energy demands increase. By holding onto your shares, you can potentially benefit from the company's future success and value appreciation.

Cost Averaging: If you recently purchased SAPURA Energy shares at a higher price, cutting losses now would realize a loss on your investment. However, by holding onto your shares, you give yourself the opportunity to average down your cost over time. If the share price recovers, your overall investment position can improve, mitigating the impact of any initial losses.

Patience and Investment Horizon: DONT LISTEN TO THE RIP OLD INVESTORS. Investing in the stock market requires patience and a long-term perspective. Short-term market fluctuations are common, and it is important to evaluate your investment based on its long-term potential. If you believe in the fundamentals of SAPURA Energy and have a longer investment horizon, holding onto your shares may provide a better chance of realizing positive returns.

Diversification: It is important to have a diversified investment portfolio to spread risk and capture potential opportunities. By maintaining your investment in SAPURA Energy, you have exposure to the oil and gas sector, which can complement other investments in your portfolio. Diversification allows you to balance potential risks and rewards across different asset classes.

In conclusion, while the decision to cut losses or hold onto your SAPURA Energy shares ultimately depends on your individual circumstances and risk tolerance, there are compelling reasons to consider HOLDING onto your investment. The company's restructuring plan, the involvement of a WhiteKnight investor, the potential for market recovery, and long-term growth prospects all suggest that cutting losses may not be the best course of action. DONT LISTEN TO ME 100%, it is essential to conduct thorough research, monitor market conditions, and consult with a financial advisor before making any decisions.

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2023-05-23 11:08 | Report Abuse

I see no need to elaborate further because individuals with a negative mindset tend to distort my words and misinterpret them. Therefore, it would be a waste of my time to engage in explanations that may be taken out of context.

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2023-05-23 11:08 | Report Abuse

I have no obligation to provide you with an education if you lack knowledge on the subject. I have already expressed my views sufficiently. As this is my personal investment, I have the freedom to make my own decisions without seeking permission from anyone else.

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2023-05-23 11:00 | Report Abuse

I am a fellow SAPURA Energy shareholder, and I would like to share the reasons why I am holding onto my shares. Please note that I am not a stock promoter, but rather an individual investor sharing my personal perspective.

Firstly, as a shareholder, it is my prerogative to make decisions about my own investments. I have carefully considered my options and made a conscious decision to hold onto my shares based on my own analysis and assessment of the company's potential.

I understand that not everyone may agree with my decision, and that is perfectly fine. Each investor has their own investment strategy and risk tolerance. Ultimately, it is your own money, and you have the right to make your own choices.

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2023-05-23 10:51 | Report Abuse

I see no need to elaborate further because individuals with a negative mindset tend to distort my words and misinterpret them. Therefore, it would be a waste of my time to engage in explanations that may be taken out of context.

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2023-05-23 10:50 | Report Abuse

I have no obligation to provide you with an education if you lack knowledge on the subject. I have already expressed my views sufficiently. As this is my personal investment, I have the freedom to make my own decisions without seeking permission from anyone else.

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2023-05-23 09:53 | Report Abuse

I have no obligation to provide you with an education if you lack knowledge on the subject. I have already expressed my views sufficiently. As this is my personal investment, I have the freedom to make my own decisions without seeking permission from anyone else.

I see no need to elaborate further because individuals with a negative mindset tend to distort my words and misinterpret them. Therefore, it would be a waste of my time to engage in explanations that may be taken out of context.

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2023-05-23 09:42 | Report Abuse

If you are not a shareholder of SAPURA Energy or if you have recently cut losses on your shares, I kindly request that you refrain from encouraging others to do the same. It is important to remember that if you do not have any vested interest in the company, your opinions may carry less weight.

I personally choose not to listen to individuals who continuously spread negativity about SAPURA Energy without having any shares or a stake in the company. It is important to consider the credibility and motives of those who consistently express negative views, especially if they do so around the clock, including weekends. Instead, I find it more productive to engage in discussions based on factual information.

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2023-05-23 09:38 | Report Abuse

I am a fellow SAPURA Energy shareholder, and I would like to share the reasons why I am holding onto my shares. Please note that I am not a stock promoter, but rather an individual investor sharing my personal perspective.

Firstly, as a shareholder, it is my prerogative to make decisions about my own investments. I have carefully considered my options and made a conscious decision to hold onto my shares based on my own analysis and assessment of the company's potential.

I understand that not everyone may agree with my decision, and that is perfectly fine. Each investor has their own investment strategy and risk tolerance. Ultimately, it is your own money, and you have the right to make your own choices.

I believe in conducting thorough research and analysis before making any investment decisions. I have taken the time to evaluate SAPURA Energy's financials, business prospects, and the ongoing restructuring plan. Based on my assessment, I see potential for the company's recovery and future growth.

While there may be voices in the forum advocating for cutting losses, it is important to critically evaluate the credibility and track record of those individuals. I prefer to make my decisions based on thorough research rather than being swayed by unverified claims or noise in the market.

Investing in the stock market always carries risks, and I accept that fact. However, I have confidence in SAPURA Energy's long-term prospects and its ability to weather the current market challenges. I believe that patience and a long-term perspective are key to successful investing.

Ultimately, each investor must make their own decisions based on their own analysis, risk tolerance, and investment goals. If you choose to cut losses, that is your prerogative. However, I encourage you to carefully consider the reasons behind your decision and not be influenced solely by the opinions of others.