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2021-12-15 10:58 | Report Abuse
They need 1 more quoter to clean up legacy contract I guess, reported 18 /59 outstanding project commence in 2nd half of this year..so there are still at least 40 legacy contract..so probably they should able complete around 25/40 in last quoter, than less than 50% legacy project left after final quoter. Hope sapura manage to break even in 4Q, than is confirm recover mode.
2021-12-14 23:04 | Report Abuse
Anual Taib want to sell what leh, driller?Gas asset? He said wi announce soon by this month.
2021-12-14 20:08 | Report Abuse
Sell the fabrication yard to MHB...
2021-12-14 14:42 | Report Abuse
Got 1 buy from MIDF haha.
Aminv gave buy call with buy price at 0.24...the latest TP is 0.003...haha
2021-12-14 09:23 | Report Abuse
I guess the damage done by previous regime too deep, it took more than 2+3 years to replace the group CEO.
Beside that, the current Avenger board took over formally in April which less than 6 months, the new board only start review old project after that and reflected in their AR at 2nd QR.
Start from 2nd QR, the 2-3 billion optimize program gone like the formal CFO.haha
2021-12-13 19:51 | Report Abuse
Seems like you @skyu got insider news..haha
Posted by skyu > Dec 13, 2021 9:55 AM | Report Abuse
maybe this time another 2 bil loss ?
2021-12-13 19:43 | Report Abuse
After 6 months since 2q, liquidity issue and outstanding payment to vendor still unresolved, no wonder UOB so pesimistic
2021-12-13 19:39 | Report Abuse
Prepare for another loss in final Q..haha,CEO said only recover in next F2023...so final Q may lose also or just break even.
The only positive I able to found is somehow they still able to secure 1.76 billion jobs..
2021-12-13 14:34 | Report Abuse
SD can just take the as much as 12 million from gov and default.....those money possible just go in those SD pic pocket.....why gov give 12 million to SD.
2021-12-13 14:32 | Report Abuse
Wtf, from the news the edge, gov going to give as much as 12 million to SD for satellite project, a company dose not has audited AR and cant pay interest.....
Why kind of gov is, when only can Malaysian wake up...those 12 million can build how many school, highway?
2021-12-13 12:55 | Report Abuse
SD planned to allocate 13million for satellite and portion of it funded by gov TERAJU programm????
So gov going to pump as must as 14 million to a company cant pay it interest?
What happens to those money if the company default .
2021-12-11 18:24 | Report Abuse
White, marble, solomolo gone for good ..
Lol, hope they not suicide after 100% loss..
Lose 100% in bursar, not easy ...lol
2021-12-11 14:18 | Report Abuse
From the latest news, all depend on PNB, bank closing tap and Sapura technically in Pn17, Need to reset as per announced by Group ceo, either give up OMV or Brazil JV...I believe is latter to get support from PNB and Bank
2021-12-10 14:52 | Report Abuse
Who who still holding SD share, let's recap
How stopcd are you?
KPMG raise red flag - should caution
SD sue KPMG - only idixt still invest
Ex risk director resign - only 2 x idiox still invest
SD sue exDirector - only 3x ixiot still invest
SD sue Bursar - only 5x idxot still support SD
SD sue EY - only 6x xdiot still support SD
2021-12-10 14:48 | Report Abuse
Btw, where are those white, marble, solomo and honest, kill by loan shark or suicide?
2021-12-10 14:27 | Report Abuse
I though the CFO has resigned long time, current new one can just play dumb
2021-12-10 14:26 | Report Abuse
This is why white and SD supporter keep attack the edge....
2021-12-10 14:24 | Report Abuse
It has starting slowdown on pressing since The edge report the OS and SIR EY...the infamous director also resign after the OS......
2021-12-10 12:37 | Report Abuse
Haha, this one I though gone already......hiding from loan shark...
2021-12-10 12:33 | Report Abuse
White, solomolo and marble gone crazy...don't suicide and stop investing, your brain just too small,
Better gather your supporter at SD office to request release SIR so that you can cut loss.....haha, I want to see what would be the share price once suspend lifted...haha
100% loss....pls don't suicide, chat with your family.
2021-12-09 23:03 | Report Abuse
The 40 billion wing farm project will be game change for sapura, can ride on EV boom...but only if manage to overcome current liquidity issue...haha
2021-12-09 22:58 | Report Abuse
With the 10 billion debt need to pay over the next 6 year, sell assets and fund raise through PP or RI is not avoidable
How to pay almost 2 billion a year after premium holiday end..
2021-12-09 21:39 | Report Abuse
雲林離岸風場的工程進度因受到新冠肺炎影響而有所延誤,但是其國產化目標,包括陸域變電站,以及40部機組的水下基礎、水下基礎轉接段及塔架等風機三大重件不僅是準時達標
Seems like the 40 pillar installation has been completed after delay few times, not sure the remaining 40 big fan which target to install by mid of next year is still award to Sapura.
2021-12-09 17:50 | Report Abuse
Only 30 million interes....sure boh need to drag until last minutes
2021-12-09 17:01 | Report Abuse
Group CEO is bumi, Group CFO is Chinese, COO is Bumi....
2021-12-09 16:58 | Report Abuse
The selling volume .....sharill just wonder how much you sell
2021-12-09 13:02 | Report Abuse
@skyu, look at velestor and MMHE,
Sapura has 8/15 rigs contracted and velestor 5/5 contracted, but still velestor still making loss in last quarter.
Same as MMHE also making loss in last quoter, EPCC is burn cash project and covid restriction cost in Q1-2. Those rig put in cold storage also cost a lot.
E&P earning does not enough to subside, and OMV need to fund jerun 2 billion and other exploration ...
2021-12-09 12:54 | Report Abuse
Too many rig lah, 15 rig in total which is triple size of velestor.....
Sell some of it 3-4 to 1 billion, than sell the Brazil subsidiaries 1-2 billion, after price stabilize, do PP 10, 300-400 mil...haha
2021-12-09 10:12 | Report Abuse
Sharill got 17%, so probably will drop a while...
2021-12-09 09:57 | Report Abuse
It is obvious, sharill is selling, I believe they will change name soon.
2021-12-08 20:52 | Report Abuse
Sharill is cashing out due to personal reason like Karim I guess haha
2021-12-08 20:50 | Report Abuse
Sapura has clarify, petronas did not disqualify sapura like barakah, all project are executing and can expect Brazil (all PLV contracted) and OMV generate cash to support O&C EPCc burn cash project.
The only problem is short of cash this is why some vendor is affected, sapura does not have room to get more loan.
14 billion order book....what to expect. I guess crazy sell down is cause by sharillll.
2021-12-08 17:02 | Report Abuse
Upstream just reported that Sapura in cash trap and selling asset keep afloat, the story evolve until 70 million paid CEO, PN17 and bankruptcy, loan default soon, haha
2021-12-08 16:57 | Report Abuse
Haha, okok let see how soon it will declare PN17 lol
2021-12-08 16:00 | Report Abuse
Bankruptcy narrative is playing very well,a lot of noise at social media accusing high pay CEO..lol. just wonder will sapura clarify....or straight Pn17...haha
2021-12-07 17:31 | Report Abuse
Not only UOB report, is the narrative of bankruptcy sang by main media with the bold title SE going to bankruptcy'
2021-12-07 16:22 | Report Abuse
Confirm SE is selling asset and cash trap,
Only bankruptcy yet confirm, PN17
2021-12-07 16:05 | Report Abuse
A lot of KFC shit getting really to catch....now
2021-12-07 16:05 | Report Abuse
Some how I agree with Ular, snake Shahril got margin call
2021-12-07 16:03 | Report Abuse
Abnormal selling, either margin call or really bad result,. My bias opinion is margin call...
Even Barak which got legal case against petronas and PN17 status still better than Sapura with so much asset...and far from bankruptcy..
2021-12-07 13:06 | Report Abuse
Now Q3 yet release and Q4(Jan 22) still got 2 months to go,
2021-12-07 12:56 | Report Abuse
@Timmy, the wave have been granted in 2Q, will reasses in final quarter Q4.
Your scenario is possible if Sapura make another huge LBIDTA loss...in Q3
Until Q4 not able to recovery, Q4 still got 2 months 2..
If UOB leak out this kind of information seem like not professional and prejudice before QR and assessment.
2021-12-07 10:33 | Report Abuse
MIDF called 14 sen when sapura collaborate with Enterprize on building wing farm worth 40 billion ..haha
2021-12-07 10:30 | Report Abuse
Kasawaru phase 2 bid has disqualify sapura 2-3 weeks ago..I believe todal selloff is cause by article from Nan Yang with title implied that Sapura may bankruptcy....
2021-12-04 20:33 | Report Abuse
With all the legal case and EY finding, no possible get loan from commercial lender ..with this institute will definitely keep distance from this kind of counter.
Only left SD member and stupod retailer
Lol, confirm will delisted, is matter of time.
2021-12-02 23:06 | Report Abuse
With current 7 orderbook, I guess will keep them busy until next mid of year, the need more contract after that.
2021-12-02 19:44 | Report Abuse
Got news said SE no longer qualify for petronas project due to cash trap...
2021-12-01 14:13 | Report Abuse
Petronas keep squeeze oil service player to pay dividends and green investment.....too many oil services player in Malaysia...
Stock: [SAPNRG]: SAPURA ENERGY BERHAD
2021-12-15 21:12 | Report Abuse
Are u stupod or idoot, compare with SD which sue Bursa, EY, KPMG...
You may say KNM v2, Theheavy v2, bara v2, why compare with a possible fraud company SD sue all the authority..are you idoot
Posted by shpg22 > Dec 15, 2021 7:29 PM | Report Abuse
SERBAKD ver 2.0