But sapura brother have 17%, if they throw, the price may below o.oo5 now....maybe just minor holder throw after saw UOB report

Date of notice 23 Nov 2020
Date notice received by Listed Issuer 15 Jan 2021

It happen befored, show above Amanah bought at 23/Nov but only announced on 15/Jan. Maybe the announcement from the brother a bit late.

3-4% of volume sold down in a day, I just guess sapura brother may behind this..

Changing name maybe the reason for the brother pull out

Sapura brothers haves around 17%, assume recent sold are caused by them, I guess only 2-3% sold by them so far, long way to go..

I believe PNB want to remove the Sapura name, they may come out a new name emphasize relate to green energy

SD sue authorities, Bursa, Court judge, EY, KPMG
SD unable to pay 30 million interes
SD does not have audited QR for more than 2 years.

Which idoot still support this SD?

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

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.

Anual Taib want to sell what leh, driller?Gas asset? He said wi announce soon by this month.

Sell the fabrication yard to MHB...

Got 1 buy from MIDF haha.

Aminv gave buy call with buy price at 0.24...the latest TP is 0.003...haha

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

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 ?

After 6 months since 2q, liquidity issue and outstanding payment to vendor still unresolved, no wonder UOB so pesimistic

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..

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.

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?

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 .

White, marble, solomolo gone for good ..

Lol, hope they not suicide after 100% loss..

Lose 100% in bursar, not easy ...lol

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

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

Btw, where are those white, marble, solomo and honest, kill by loan shark or suicide?

I though the CFO has resigned long time, current new one can just play dumb

This is why white and SD supporter keep attack the edge....

It has starting slowdown on pressing since The edge report the OS and SIR EY...the infamous director also resign after the OS......

Haha, this one I though gone already......hiding from loan shark...

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.

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

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..

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.

Only 30 million interes....sure boh need to drag until last minutes

Group CEO is bumi, Group CFO is Chinese, COO is Bumi....

The selling volume .....sharill just wonder how much you sell

@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 ...

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

Sharill got 17%, so probably will drop a while...

It is obvious, sharill is selling, I believe they will change name soon.

Sharill is cashing out due to personal reason like Karim I guess haha

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.

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

Haha, okok let see how soon it will declare PN17 lol

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

Not only UOB report, is the narrative of bankruptcy sang by main media with the bold title SE going to bankruptcy'

Confirm SE is selling asset and cash trap,

Only bankruptcy yet confirm, PN17

A lot of KFC shit getting really to catch....now

Some how I agree with Ular, snake Shahril got margin call

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..

Now Q3 yet release and Q4(Jan 22) still got 2 months to go,

@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.

MIDF called 14 sen when sapura collaborate with Enterprize on building wing farm worth 40 billion ..haha

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....