#Sslee

So did Stony submitted any finalised regularisation plan to Bursa Malaysia as early as February?

And how to “We can be out of PN17 status, definitely this year" when the PN17 regularisation plan has been postpone for the third time from Jan 2023 to July 2023 to Oct 2023 and now to 31th Dec 2023?

And still Mabel believe Stony word? How many more time do you want to believe Stony?
23/11/2023 10:10 AM

Haha my dear handsome sslee..

Despite the current shortcoming which is work in progress, Mabel still thinks Tony is a real Magician beside visionary and a turnaround expert, who transformed a failing airline into a successful and profitable business. Thank God Mabel put one of her bets on Tony Fernandez. Here’s why Mabel thinks he is Magician..

He bought AirAsia from a Malaysian government-owned company for a token sum of RM 1 in 2001 and inherited a debt of RM 40 million.

He introduced a “EVERY WANG CAN FLY” no-frills, low-fare business model that appealed to the mass market and stimulated demand for air travel in the region.

He expanded AirAsia’s network to cover more than 150 destinations across 25 countries and established joint ventures and partnerships with other airlines and governments.

He diversified AirAsia’s revenue streams by launching digital businesses such as food and parcel delivery, ride-hailing, e-commerce, and fintech.

He led AirAsia’s recovery and transformation amid the Covid-19 pandemic, by reducing costs, securing funding, and rebranding the group as Capital A.

Before the Pandemic, all shareholders were celebrating as shareholders of AirAsia have been showered with 90 sen per share special dividend, which is worth more than RM3bil in total payout. The dividend is equivalent to 34% of dividend yield from the last traded price of AirAsia's shares at RM 2 The year before he showered us with 64 sen Dividends and 12 sens even before that. Mabel recall EVERY WANG here were FLYING that time..

Just like SIA, CapitalA AirAsia was also paralysed by the pandemic without any revenue. However, unlike SIA with Big Brother Temasek cumming to the rescue, CapitalA took many initiatives to revive and stay afloat without any help from the Malaysian Government. Now you know why Mabel salute Air Asia.

Lastly, Mabel’s AirAsia enjoys continued success being named the World's Best Low-Cost Airline in 2023 for 14X, with Mabel’s Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline.

https://www.worldairlineawards.com/worlds-best-low-cost-airlines-2023/

To Our Success!

Meow

Felice888 Good morning Mabel! Nice analysis between PMCorpse and SAPnrg!
23/11/2023 10:14 AM

Morning Felice..

Thank you!...

Can't imagine how some one can wait 10 years' ...hihihi...

Thank you Sifu Mickey..YOU are the Best!

Meow

Haha still 5 sen...

Like that Mabel will continue to Goyang Kaki lor..

Have a great day every wang!

Meow

#Wong Kah Wei Mcm tunggu tutup kedai je...

Haha Really,

Let see how we compare the turnaround prospect between Auntie Huang's Femes PMCORP and Mabel’s Beautiful Sapnrg..

PMCORP is an investment holding company that operates mainly in the food segment, manufacturing, exporting, marketing and distributing chocolate and confectionery products. Sapnrg is an integrated oil and gas services and solutions provider that operates in the engineering and construction, drilling, and energy segments.

Both companies have faced challenges in 2020 due to the Covid-19 pandemic and the plunge in oil prices. However, they have also shown some signs of recovery and improvement in 2021.

For PMCORP, the company reported a net profit of RM1.9 million for the fourth quarter ended June 30, 2021, compared to a net loss of RM3.6 million in the same period last year. The company attributed the turnaround to higher sales volume and better margins from its food segment, as well as lower operating expenses and finance costs. The company also declared a dividend of 0.5 sen per share for the financial year 2021, the first time since 2018 while Auntie Huang was hibernating like Monk. The company has also disposed of a property in Shah Alam for RM41 million in cash, which will boost its cash flow and reduce its gearing ratio.

For Sapnrg, the company reported a net profit of RM97 million for the second quarter ended July 31, 2021, compared to a net loss of RM815 million in the same period last year. The company attributed the turnaround to higher revenue from its engineering and construction and drilling segments, as well as lower impairment losses and finance costs. The company also secured new contracts worth RM1.4 billion for a gas complex project in Angola, which will enhance its order book and future earnings visibility. The company has also reduced its net debt by RM1.6 billion in the first half of 2021 and aims to achieve a net debt to equity ratio of below 0.5 times by 2023.

Based on the above, Mabel would say that both PMCORP and Sapnrg have shown positive turnaround results in 2021, but Sapnrg has a stronger turnaround potential than PMCORP, as it has a larger and more diversified business portfolio, a higher and more stable revenue base, a bigger and more secured order book, and a more aggressive and achievable debt reduction plan.

To Our Success!

Captain Mabel Meow

https://travelradar.aero/singapore-airlines-financial-performance-results-in-profit-in-second-quarter-2023/

Mean while Great Progress from Mabel Singapore Airlines’ revenue. SIA made 4.683 billion Singapore dollars in the three months up to September 30th, 2023. This is further improvement on the same time in the previous year of 4.3%. There has also been a 4.6% improvement in Singapore Airlines’ revenue compared to the previous quarter. Singapore Airlines made a 707 million Singapore dollars profit this quarter. This is a 26.9% improvement on the profit made in the three months up to 30th September 2022.

If SIA can do so can CapitalA!

Meow Meow Meow

https://theedgemalaysia.com/node/690869

Our Magician Fernandes had said the investment holding group, which is involved in aviation, logistics, lifestyle and financial services ventures, planned to submit its finalised regularisation plan to Bursa Malaysia as early as February.

“We can be out of PN17 status, definitely this year, and I hope much earlier than that. All of the consultants are now going through all the work,” he had said at an event in January this year.

Meanwhile, Maybank Investment Bank (Maybank IB) research has reaffirmed a "buy" call on AAX with a lower target price of RM3.40 (previously RM3.56).

To Our Success!

Mabel the soon to be Magician (just like our Handsome Tony)

Meow

Huangbk72 Success!!!

Like Serba!!!!

Posted by Mabel > 11 seconds ago | Report Abuse

Indeed...

To Our Success !

Meow
22/11/2023 12:16 PM


Huangbk72 Hahaha.. waiting for you to say this.

Last post in Jan 2014.. So you know I sell in 2024?

Wah.. so pandai slander 🤣🤣🤣🤣

22/11/2023 12:09 PM

Haha fortunately Mabel is NOT like Auntie Huang who freeze like Monk..

Mabel has been in an out many times in SE and SD. BUY LOW SELL HIGH MAH..

Meow

Felice888 Yalah Mabel, we are not day trader like Huang`s gang. We are financially stable, keep the money there waiting for the climax ma.
22/11/2023 12:08 PM

Indeed...

To Our Success !

Meow

Haha Beside what is 700 days (as you said) compare to Auntie Huang 10 years' wait...hihihi...

Thank you Sifu Mickey..YOU are the Best!

Meow

The big money is not in the buying and selling, but in the waiting..

Haha Sap can lock profit oledi as Mabel average cost is 3 sen..

Mabel can wait...not in a hurry to cash in...

CheriMeow

Felice888 Mabel two bad students put in same class doesn't help. Mix the bad student with a good student ma.
22/11/2023 10:55 AM

Haha told you oledi Auntie Huang always selective memories one..

Argue with her is like talking to a dead corps...

She only wang to see what she wang to see..

Beside, she got no share.. like his Abbot..

Better put your time in more productive adventures than arguing with these two bad students..

Mabel will continue to Goyang Kaki. Capital A was soooooooo delicious..

To Our Success

Meow

https://theedgemalaysia.com/node/688979

Velesto listed during the oil boom in 2013 — when it was known as UMW Oil & Gas Corp Bhd — at RM2.80 per share.

HAVING sold a 53.7% stake in UMW Holdings Bhd to Sime Darby Bhd, Permodalan Nasional Bhd (PNB) is now seeking a buyer for its 54% stake in Velesto Energy Bhd, one of the oil and gas (O&G) service providers into which it had injected a whopping sum for recapitalisation during the downturn, according to sources.

Shares in Velesto Energy traded at 25.5 sen per share last Friday, giving the company a market capitalisation of RM2.10 billion. This would value PNB’s stake at RM1.13 billion. The group was not planning to buy any new assets. New builds can cost from US$200 million (RM946 million) to US$250 million and take 10 to 15 years to recoup the investment.

There are many suitors, however, the recent termination of Mabel Kuala Lumpur Kepong Bhd’s takeover bid for Boustead Plantations Bhd might have sent a message that assets held by government-linked investment companies, or GLICs, must be kept in Bumiputera hands. A merger would have been nice since these two companies have the following things in common:

They are both leading oil and gas service providers in Malaysia, with complementary businesses and a common shareholder in Permodalan Nasional Bhd (PNB).
• They both received capital injections from PNB via rights issues in 2017 and 2018, amounting to RM2.68 billion for Sapura Energy and more than RM800 million for Velesto.
• They both suffered from the slump in oil prices and the Covid-19 pandemic, which affected their financial performance and share prices.
• They both have jack-up rigs, which are mobile platforms that can be used for offshore drilling and production operations. Jack-up rigs are in high demand in the oil and gas industry, especially in the Southeast Asia region.
• They both have tender rigs, which are semi-submersible platforms that can support drilling operations in shallow to deep water. Tender rigs are also in high demand in the oil and gas industry, especially in the Middle East region.
• They both have engineering and construction capabilities, which enable them to provide integrated solutions for the oil and gas industry, such as fabrication, installation, hook-up, and commissioning of offshore facilities.

Mabel forecast that Brent will be fluctuating between USD 80 – 100 for 2024.

To our Success !

Captain Mabel Meow

Thank you iPlay!

We should be celebrating in Capital A...

Next Wang will Capital A and our Sapnrg..

Watch me…

https://www.youtube.com/watch?v=hCLkVrp_4CE

SinGor Why Aax was let Go?? After proper request???? No-- i ask around, many say there is a " invisible Hand working "
SAP will be next then CapA ----All let Go (PN17 lock-Up) during 2024----CapA is more difficult than SAP bcos
it didnT produce " White Knight" and property Sale as SAP ( SapuraOmv)
22/11/2023 9:28 AM

Cheers SinGor!

To Our Success !

Captain Mabel Meow

#Felice888 Mikecyc celebrating victory against thus negative people now!

Posted by Mabel > 10 minutes ago | Report Abuse

Haha go and ask Sifu Mickey...he is the real Sifu ...hihihi..
22/11/2023 9:33 AM

Yes Felix Dear, We are all celebrating in Capital A..

Next Wang will Capital A and our Sapnrg..

To Our Success!

Meow Meow Meow

Felice888 Congratulations Mikecyc, AAX finally out from PN17!
22/11/2023 8:39 AM

Indeed Congrats Sifu Mickey and Team

To Our Success!

Meow Meow Meow

https://www.thestar.com.my/business/business-news/2023/11/21/airasia-x-says-no-longer-classified-as-a-distressed-firm?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20231122&__sta=vhg.uosvpxQddhqne.jsu0sv%7CVBVT&__stm_medium=email&__stm_source=smartech

AirAsia X said yesterday that Malaysia's stock exchange had told the budget airline that it is no longer classified as financially distressed lifting the threat of being de-listed.

Both AirAsiaX and its parent company Capital A saw deep losses following a plunge in demand due to the pandemic and have scrambled to raise funds.

Next Wang to be out of PN17 will be Mabel Air Asia. Capital A today is up by 5% following her PN17 Sister Sapnrg which is also up by 11%

To Our Success

Captain Mabel Meow

Haha go and ask Sifu Mickey...he is the real Sifu ...hihihi..

Haha Auntie Huang don't be naughty ..

If Auntie can wait 10 years for your Corpes, what is 700 days...hihihi...

Mabel can wait, so nice to see everyday green in Mabel P&L...

Meow

2 pending good news of Sapura to get out of PN17; Sale of SapuraOmv and White Knight

Sapura's current market cap is RM850m, with Sapura selling OMV at a price of RM5.73b.... Sapura's value will double, and the market cap should reflect the sale. PNB, with its large holdings in Sapura, will need to increase the share price which reflects the real market value of Sapura. Rakyat is the largest shareholder of Sapura Energy when Amanah Saham Bumiputara owns 4,805,895,739 or 30.08% interest. This does not include Amanah Saham Malaysia 2 – Wawasan, Amanah Saham Malaysia 3, Amanah Saham Bumiputera 3 – Didik, Amanah Saham Nasional, and Amanah Saham Bumiputera 2.

As long as your holding cost is below PNB cost there is nothing to fear..

Captain Mabel Meow

Felix Statement formula:
Payoff 4.75b immediate due debts:
White Knight 1.8b
Sapura OMV disposal 2.865b (50% of RM 5.73B)
Total 4.665b
Another RM 0.085B or RM 85 million only coming from internal generated fund.

It is not required to settle all 15b at once. Just the immediate due RM 4.7B.

Really love Felix Formula. That's why Mabel always Goyang kaki.

The lesson of the story here is before we invest, we need to make sure we have holding power and there's 2 sides of this. One is from emotional angle. One of the keys to make it easy on the emotion is to do homework and position size. The other one is from practical angle. Are you okay in terms of cash flow? Do you really don't need the money you are investing? Or do you expect this to be a quick 6-month investment? Because sometimes when you are in a desperate need of money, you may need to sell your shares even at a loss. So if you are OK with all 3, you can continue Goyang Kaki...

Have a great week EVERY WANG!

Captain Mabel Meow

Haha Auntie Huang will grow old and becum a grumpy old lady..

Sapura Energy Berhad

Share Price 7 Day 1 Year
0.04 -10.0% 28.6%


Now 28% undervalued after recent price drop.

Over the last 90 days, the stock is down 10.0%.The fair value is estimated to be RM0.062, however this is not to be taken as a buy recommendation but rather should be used as a guide only.

Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 21%.

Revenue is forecast to grow by 1.2% in 2 years. Earnings is forecast to grow by 91% in the next 2 years.

So nice and lovely with Mabel current average cost of 3 sen, it so refreshing to see this PN17 is so green just like Mabel CapitalA Air Asia..

To Our Success

Captain Mabel Meow

Felice888 Btw Mabel this auntie Huang said she made 5 digits in PMCorp 10 years ago leh. Could you help to expose her bullshxt.
21/11/2023 2:44 PM

Haha no point Felix Dear

Auntie Huang has selective memories...

She will grow old and becum a grumpy old lady..

Sifu Mickey is very good at tracking her movements..hihihi..

Good Meow

Haha right Paul...

Listening..our AA so power...

Meow Meow Meow

Haha Mabel Sap so steady..

Meow Meow Meow

Meow Meow Meow

It's looking good. Sime Property is the Biggest Gainer in Mabel Malaysia today.

Well Done Sime.

Meow

Cheers Calvin.

Thanks for this information. Mabel is happy to see that Mabel's KLK will benefit from the Scenario 2.

Ownership Name Shares Current Value Change % Portfolio %
57.42%
Boustead Holdings Berhad 1,286,135,900 RM2.0b 0% no data
10.59%
Lembaga Tabung Angkatan Tentera 237,206,100 RM362.9m 0% 16.61%
3.09%
Kuala Lumpur Kepong Berhad 69,291,700 RM106.0m 0% no data

To Our Success !

Mabel the FarMeow

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

#Felix999 What wrong which this?? This formula is came from RHB IB report.
This is the way!
Statement formula:
Payoff 4.75b immediate due debts:
White Knight 1.8b
Sapura OMV disposal 2.865b (50% of RM 5.73B)
Total 4.665b
Another RM 0.085B or RM 85 million only coming from internal generated fund, Sap Sap water lah!!
It is not required to settle all 15b at once. Just the immediate due RM 4.7B.
Are you guys want to convert Sapura Energy to a net cash company?? Lolz
21/10/2023 10:25 AM

Sound Good to Mabel. Nothing wrong with this Formula. That's why Mabel can continue to Goyang kaki.

The lesson of the story here is before we invest, we need to make sure we have holding power and there's 2 sides of this. One is from emotional angle. One of the key to make it easy on the emotion is to do homework and position size. The other one is from practical angle. Are you okay in terms of cash flow? Do you really don't need the money you are investing? Or do you expect this to be a quick 6 months investment? Because sometimes when you are in a desperate need of money, you may need to sell your shares even at a loss. So if you are OK with all 3, you can continue Goyang Kaki...

Enjoy your well deserve weekend Guys..
Captain Mabel Meow

Thanks for Pushing AA down today...

It was a good catch...

Please try harder for Sap too...waiting at 2.5 sen...

CheriMeow

Haha Unlike ConLogaHuang, BUY HIGH SELL LOW, Mabel BUY based on Technical chart Mah..

Simple things like this don't know kah, Fool Time Trader

Haha Con LogaHuang...

Please push harder...

Waiting for 2.5 sen...

Haha now you know why this 72 years old man is following Mabel across i3 after BUYING HIGH and SELL LOW at a Dead Corps counter..

Haha nice wang Dicky!

Haha follow ConLogaHuang...

BUY HIGH SELL LOW...

Thanks Medusa for the updates...

No wonder ConLogaHuang cannot help Mabel to collects at 2.5 sen...

PMCorpes did went down to 8 sen in March 2020...

No wonder that Smart Sifu mentioned that this Monkey lose 60% even in a dead counter. Based on your track record you tend to freeze like Monk instead of taking Price Action..

Haha going to Japan. The right words is wondering across i3 like a dead corpses...

Mabel, the Smart Investor..

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Oct 11, 2023 10:35 PM | Report Abuse

Posted by Huangbk72 > 2013-12-13 15:32 | Report Abuse

Hi Mike

1st round.. bought average 26cents.. sold partially 34 cents to recover partial capital.

2nd round, started accumulating 29, 27, 24.. average holding cost 25.5

Do I considered with gain and holding for higher price?

11/10/2023 5:33 PM

#Huangbk72
How come it’s 60% loss position when my holding cost is way below stock price.. hahahaha

Clear cut example of Monkey see Monkey dooodoo...

11/10/2023 5:55 PM

Haha Monkey ConHuang, got selective memories ke?

PMCorpes did went down to 8 sen in March 2020...

No wonder that Smart Sifu mentioned that this Monkey lose 60% even in a dead counter. Based on your track record you tend to freeze like Monk instead of taking Price Action..

Haha going to Japan. The right words is wondering across i3 like a dead corpses...

Mabel, the Smart Investor

PMCorpes did went down to 8 sen in March 2020...

No wonder that Smart Sifu mentioned that this Monkey lose 60% even in a dead counter. Based on your track record you tend to freeze like Monk instead of taking Price Action..

Haha going to Japan. The right words is wondering across i3 like a dead corpses...

Mabel, the Smart Investor..

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Oct 11, 2023 10:35 PM | Report Abuse

Posted by Huangbk72 > 2013-12-13 15:32 | Report Abuse

Hi Mike

1st round.. bought average 26cents.. sold partially 34 cents to recover partial capital.

2nd round, started accumulating 29, 27, 24.. average holding cost 25.5

Do I considered with gain and holding for higher price?

11/10/2023 5:33 PM

#Huangbk72
How come it’s 60% loss position when my holding cost is way below stock price.. hahahaha

Clear cut example of Monkey see Monkey dooodoo...

11/10/2023 5:55 PM

Haha Monkey ConHuang, got selective memories ke?

PMCorpes did went down to 8 sen in March 2020...

No wonder that Smart Sifu mentioned that this Monkey lose 60% even in a dead counter. Based on your track record you tend to freeze like Monk instead of taking Price Action..

Haha going to Japan. The right words is wondering across i3 like a dead corpses...

Mabel, the Smart Investor