Haha one day closer to Superr Smelly Amaama

Mabel Icon up by 14%
Mabel Sap up by 12%
Supperr Ama up by 1%
Blondi Hibi up by 3%
Huang Corpes Haha totally dead..

Serba ..totally relax ..Goyang Kaki...

Meow

E&C : MMYR 2,910
Drilling: MMYR 3,381

Associates
- Energy 3,200
- PLSVs 849
-----------------------------
MMYR 10,340

Net debt MMYR 10,340 -9,940 = MMYR400

Source : Maybank

#TalkNumberOne Mabel so excited, chill la. We are not uncle gang we don’t count number of threats we put in forum as success.
09/12/2022 8:25 AM

#TalkNumberOne Mabel see you at Bombardier showroom
09/12/2022 9:25 AM

Haha ...Last night Mabel has a nice and sweet dream. Mabel oledi onboard on Challenger 3500.

Now Mabel thinking of going to Montreal to see our latest jet..

Too Bad Uncle will be left behind...Hihihi..

Now Mabel so excited to go shopping for Captain Uniform. As usual Mabel loves to sit at the Driver Seat.

To our Bombardier !

Captain Mabel Meow

Haha Thanks Max...

Mabel still excited. Got Dividend mah..

Life is so beautiful...

Meow Meow Meow

Life is so beautiful...

My Lady Sapura help to lift up the KLCI today. For the 1st time in 5 days KLCI is GREEN. Both Mother and Daughters are sitting in Pole Position and P2 as the most active counters this morning...

To Our Success!

Captain Mabel Meow

Life is so beautiful...

My Lady Sapura help to lift up the KLCI today. For the 1st time in 5 days KLCI is GREEN. Both Mother and Daughters are sitting in Pole Position and P2 as the most active counters this morning...

To Our Success!

Captain Mabel Meow

Following the Corporate Debt Restructuring Committee of Malaysia (CDRC)’s agreement to assist Sapura Energy in mediating its debt restructuring with lenders, the group submitted a draft Proposed Restructuring Scheme (PRS) to the CDRC on Sept 29, 2022.

“It has since been participating in CDRC-mediated meetings with financial institutions to seek feedback on and to refine the terms of the PRS. This draft restructuring proposal will form part of the group’s overall restructuring and regularisation plan, which upon finalisation, will be submitted to Bursa Malaysia.

“Additionally, the group is nearing the end of its Proof of Debt exercise with its trade creditors,” Sapura Energy added.

Shares of Sapura Energy jumped 14.29% or half a sen to close at four sen on Thursday, valuing the group at RM639.16 million. It’s share price has fallen 20% year-to-date.

Moving forward, as part of its efforts to improve overall cashflow, the group said it is has committed to continuing its review of underperforming contracts, as well as renegotiating commercial settlements with customers.

Sapura Energy faces challenges in rebuilding its order book, given the limited access to bank guarantees and working capital facilities during its restructuring phase, particularly impacting the E&C and operations and maintenance (O&M) business segments.

“Its drilling arm, however, recorded a strong growth with 10 out of the 11 rigs fully operational at the end of 3QFY2023. The group’s order book currently stands at approximately RM6.8 billion.

“Separately, the non-consolidated order book of the group’s joint venture entities is approximately RM5.7 billion,” it said in a separate statement.

In line with its aim of portfolio rationalisation, Sapura Energy recently completed the disposal of three drilling rigs to NKD Maritime Ltd.

#izoklse the problem is ...can they survive in oil price at below 80 per barrel.
08/12/2022 7:47 PM

Of course they can. The Production Cost is USD 30 per barrel. Enough Margin to cover operation and pay debt..

Free Cash flow is positive starting from 2021. For 2022 Sap registered Free Cash Flow growth of 55% at 349 Million. Now it is a Net Cash Company ( Cash from operation, Financing and Investing activities)

Price-To-Sales Ratio (0.2x) compared to the peer average (0.8x). The closest to Sap is Wah Seong Corporation Berhad...

What is Wah Seong Current Price?

To Our Success !

Meow Meow Meow

#masterkevin212 SAPURA 跟定有得救
1) 之前的亏损78亿due to impairment / susut nilai - 原因当时银行停止contract and invoice financing 导致记录工程不能再运作纸面上申报全面亏损。其实，sapura拥有的资产加上gas油田接近150亿。

2) 银行已经从sapura 8年里收取150亿包括母金和利息。银行有必要write off 一些利息，我相信财政部会协助。

3) PNB 也不断加码sapura股份，推高velesto 也暗示接下来就是sapura. 传统上，每大股东旗下类似行业的股都会被推高。

4) 华哥肯定会把握机会表演sapura.
a) 财政部会于PNB旗下马银行write off 利息。
b) sapura业务已经在全世界进行100亿的工程，还有300亿的投标。财政部会根据外汇的重要性，sapura是其中一个本土土著最大的公司，把外汇带回来。
c) sapura也有超过5个gas fields 油田就值超过100亿。

只要华哥点头，明年3月过后，sapura就可write back impairment, 到时sapura QR业绩会赚几十亿.

到时人家会说sapura 赚大钱是华哥的功劳。

Sapura也当然配合业务，gas fields也赚钱，工程接不停，100% utilisation 会提高QR业绩的盈利。

到时SAPURA 股价大涨，PNB 也因此SAPURA增值得到回报。华哥当然也成了Sapura 的 英雄，蹲在监牢里的bossku 也只能眼巴巴的am kan.

这要看华哥怎样表演了。

最新的资料，sapura的工程再全世界如火的进行。

My prediction may wrong, high risk high return, buy at your own risk
09/12/2022 7:01 AM

Thanks Masterkelvin..

Who is Brother Hua in item No 4?

Meow

#izoklse the problem is ...can they survive in oil price at below 80 per barrel.
08/12/2022 7:47 PM

Of course they can. The Production Cost is USD 30 per barrel. Enough Margin to cover operation and pay debt..

Meow

#SinGor

A strong push should arrived 10--12sens ( same as SerB even in PN17 status )
Solving 10B revolving Credit headache should leapfrog to 30sens bcos PNB will be doing the HeavyLifting,
ikan bilis are just the pom-pom Girls then.
Basically SAP is living off Drilling Rigs ( 10 out 11 are working full time ) And the return is actually Better than
Velesto. Strange but true. Considering 11 rigs one year ago are still in Cold stack( not working), demand for
Rigs are incredible. Unless SAP can get access to Bank Loan, revenue will NOT breach 2.0bil. Breaching 2.0bil
revenue will see profit in 200--300mil range rather low but these ancient contracts has low margins. I saw
management are renegotiating ancient contracts. If the other party is desperate to capture raising Oil price,
SAP might see more lights in the Tunnel.
08/12/2022 8:29 PM

Meow SinGor!

Loves it when SinGor cum to town...

Meow Meow Meow

Haha Dick heard you sell your Icon too early...

Max is already talking about 90 sen scenario after Yummy Dividend ex date...

Too bad your holding power is too short..

Meow

Haha Dick miss another lottery...hihihi...

maxprofit2020 wait until Monday only can sell and still entitle to get dividend. tomorrow is ex-date, if not mistaken, if sell then not able to get dividend. take note that price will adjust down to about 0.15 - 0.067 = about 0.085, don't panic to sell when see price adjustment which is normal, wait until above 90 cents only sell
08/12/2022 7:52 PM

Wah max can go to 90 sen ka?

Can you share how you derive that?

Now you got Mabel very excited oledi..

Meow Meow Meow

DickyMe 2.5 sen mari!
08/12/2022 9:06 PM

Haha Dick...you are talking about your AA ke with NTA negative RM1.70? Sap even 3.5 sen many people complain hard to get..

Better follow Mabel invest in Singapore Airline. Never lost profit with such a strong country like Temasek..

Today Mabel Airlines Singapore Airlines is trading SGD 5.56 compare to AA 59 sen. Got nice divided some more compare to AA..

You missed FGV Lottery earlier...kesian..why not join Sap...can recoup your losses in AA..if you berani lah..

Buy before it shoot to Wah Seong prices..

Told you oledi Santa is cumming to town...

HoHoHo...

Santa Meow

Haha Soon all the brokers will come with their revised TP.

SAPNRG is has good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.8x).

The closest to Sap is Wah Seong Corporation Berhad...

What is Wah Seong Current Price?

To Our Success !

Meow Meow Meow

Haha Smelly still here ke?

Where is Dear Huang and Blondi?

Hunting for Pink Panties ke? Hihihi...

Life is beautiful when you are smart..always Goyang Kaki...7th Gear mah...

Mabel, the Smart and Beautiful Gal

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Dec 8, 2022 7:09 PM | Report Abuse

Haha Lady Sapura Q3 result is out!. As expected another spectacular result from my Lady. Today Lady Sapura is the Biggest Mover in Mabel Energy with 14+% Jump in share prices.

Now PH Government has a good income from our Lady!!!

FOR IMMEDIATE RELEASE
Kuala Lumpur, 8 December 2022

SAPURA ENERGY DELIVERS POSITIVE RESULTS IN Q3
Summary of Q3 FY2023 financial results:
• Revenue of RM1.28 billion
• EBITDA of RM246 million
• PATAMI of RM10 million
• Current order book at RM6.8 billion

As long as PNB is still a major shareholder and your holding cost is below them, there is no reason to fear.

To Our Success !!!

Captain Mabel Meow

Haha Lady Sapura Q3 result is out!. As expected another spectacular result from my Lady. Today Lady Sapura is the Biggest Mover in Mabel Energy with 14+% Jump in share prices.

Now PH Government has a good income from our Lady!!!

FOR IMMEDIATE RELEASE
Kuala Lumpur, 8 December 2022

SAPURA ENERGY DELIVERS POSITIVE RESULTS IN Q3
Summary of Q3 FY2023 financial results:
• Revenue of RM1.28 billion
• EBITDA of RM246 million
• PATAMI of RM10 million
• Current order book at RM6.8 billion

As long as PNB is still a major shareholder and your holding cost is below them, there is no reason to fear.

To Our Success !!!

Captain Mabel Meow

Haha 3 Stooges Wang to kill a Golden Goose?

Haha 18 months of hard work failed again and again..

Now all wear pink panties..hihihi

After changes of 4 PRIME MINISTER.. Serba is still standing...

Many Uncles have become Smelly singing Amaama, some Aunties follow Blondi hanging at Hibi like monkey singing Hibibibi while some has becomes corpes..

Mabel still standing with positive P&L on 7th Gear..

Dato Seri Mabel..

Haha of course Huang will admirer Jack Smelly..

Now you know why Corpses smell..

Meow

Feel so sorry for many Uncles and Aunties being cheated by the 3 Stooges..

Mabel, the Wise Gal

Haha looks like Corpses are cuming out wang by wang to push to Wang sen..
Jumping here jumping there..

Mabel's SE up by 14%
Mabel's Icon up by 3+%

Blondi's Hibi wearing red skirts
Smelly's Amaama wearing red skirts
Huang's Corpes dead.. no skirts

SD so power no Wang Sen today..

Meow Meow Meow

Haha 3 Stooges Wang to kill a Golden Goose?

Haha 18 months of hard work failed again and again..

Now all wear pink panties..hihihi

After changes of 4 PRIME MINISTER.. Serba is still standing...

Many Uncles have become Smelly singing Amaama, some Aunties follow Blondi hanging at Hibi like monkey singing Hibibibi while some has becomes corpes..

Mabel still standing with positive P&L on 7th Gear..

Dato Seri Mabel..

The itsy bitsy superr crawled up the water spout.
Down came the rain, and washed the superr out.
Out came the sun, and dried up all the rain,
and the itsy bitsy superr went up the spout again.

Lullaby and Milk, thy mother’s delight.
Dark corpse beside superr smelly abide.
Uncle guard thee at rest, thou shalt wake on Blondi's breast.
Stooges guard thee at rest, thou shalt wake in pmcorpe grave.

Twinkle, twinkle, Mabel star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.

Then the traveller in the dark,
Thanks you for your tiny spark,
Mongs could not see which way to go,
Since they did not twinkle so.

As your bright and tiny spark,
Lights the Stooges in the dark,
Though Mongs know not what they are,
Twinkle, twinkle Mabel star.

The itsy bitsy superr crawled up the water spout.
Down came the rain, and washed the superr out.
Out came the sun, and dried up all the rain,
and the itsy bitsy superr went up the spout again.

Haha still 2.5 sen..

Where is the Wang sen...

Mabel very itchy to buy..hihihi

Looks like Huang, Smelly and Blondi are wearing pink panties today..

Mabel wearing Green..so nice...

Meow Meow Meow

Haha hibi geng also wearing Red Skirts today..

Haha Amaama geng also wearing Red Shirts today..

pmcorpes geng are wearing Red Skirts today..

Haha both Mother and Daughter are wearing Green Skirts..

Even daughter has good volume than pmcorpes..

InvestorKING Yesterday only 5.3mil shares traded,today up to now its only 2.4mil shares traded only,it's getting lesser and lesser
28/10/2022 11:30 AM

Haha why not ask Monk Huang..

How many share traded at his pmcorpes..

Serba Mother is trading 10X more than pmcorpes

Uncle too busy calculating Mabel's age...

This is what happen.. Hihihi..

Haha Mabel's Icon Battleships gives Mabel better YTD return of 48% compare to Blondi's Hibi 39%..Mabel still don't understand why Blondi is still there hanging like Monkeys singing Hibibi when Mabel has oledi locked profit at RM 1.39

Same with Smelly's ..Armada only gives YTD return of -4%...Mabel also don't understand why Smelly is still there singing Amama when Mabel has oledi lock profits at 55 sen...

Haha Huang pmcorpes is the best! -60 % Huang Huang Huang

Mabel, the Smart Clean Aromatic Investor and Trader..

Haha 3 Stooges Wang to kill a Golden Goose?

Haha 18 months of hard work failed again and again..

Now all wear pink panties..hihihi

After changes of 4 PRIME MINISTER.. Serba is still standing...

Many Uncles have become Smelly singing Amaama, some Aunties follow Blondi hanging at Hibi like monkey singing Hibibibi while some has becomes corpes..

Mabel still standing with positive P&L on 7th Gear..

Dato Seri Mabel..

2022 i3 Best Song of the Year

Song: Hibibibi...

Singer : Blondi

Record: Cap Ayam Software..


2022 i3 Best Movie of the Year

Movie : Corpes

Staring : Huang Huang Huang

Company : Pmcorpes


2022 i3 Best Melodi of the Year

Melodi : Amaama

Singer : Jack Smelly

Album : Sour Grapes Golden Hits

Blondi is still hanging like Monkeys at Hibi...Singing...Hibihibi...

Huang has freezed like Corpes..

Fate of the 3 Mongols

Jack has now become so Smelly..

Vicky Time for Serba to make a difference. Either you die or alive being part of Bursa trading. 15 Dec
06/12/2022 11:23 PM

Haha no issues Vicky Dear..

Princess Himari Ichimuku Meow has no issues. Anytime can follow the Divine Wind Kamikaze...

If SD die, no issues oledi on 7th Gear..oledi profits from it
If still standing wala, can shift to 8th Gear..

2019 Virgin Bonus Issues Free Warrant is very positive and remain untouched..

Princess Himari Ichimuku Meow

Haha investor that lost 99.9% follow Blondi Cap Ayam Software..

Now all become so smelly..follow Jack the Smelly singing Amaama..

Blondi now stuck hanging at Hibi like monkey singing Hibibibi while Huang has becomes corpes..

Mabel still cruising on 7th Gear..waiting to shift to 8th Gear..

2019 Virgin Bonus Issues Free Warrant is very positive.

Let see if Uncles and Aunties can make it negative...Hahaha..

Meow Meow Meow

Haha 3 Stooges Wang to kill a Golden Goose?

Haha 18 months of hard work failed again and again..

Now all wear pink panties..hihihi

After changes of 4 PRIME MINISTER.. Serba is still standing...

Many Uncles have become Smelly singing Amaama, some hanging at Hibi like monkey singing Hibibibi while some has becomes corpes..

Mabel still standing with positive P&L on 7th Gear..

Dato Seri Mabel..

InvestorKING Yesterday only 5.3mil shares traded,today up to now its only 2.4mil shares traded only,it's getting lesser and lesser
28/10/2022 11:30 AM

Haha why not ask Monk Huang..

How many share traded at his pmcorpes..

Hihihi

..while Blondi is still hanging like Monkeys at Hibi...

Singing...Hibihibi...

Huang has freezed like Corpes..

Fate of the 3 Mongols

Jack has now become so Smelly..

2022 i3 Best Song of the Year

Song: Hibibibi...

Singer : Blondi

Record: Cap Ayam Software..


2022 i3 Best Movie of the Year

Movie : Corpes

Staring : Huang Huang Huang

Company : Pmcorpes


2022 i3 Best Melodi of the Year

Melodi : Amaama

Singer : Jack Smelly

Album : Sour Grapes Golden Hits


Hihihi