RedEagle

RedEagle | Joined since 2014-04-16

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Stock

2020-04-02 07:06 | Report Abuse

It's a reversal signal (short term rebound finished?!) it's time to take your profit.

Stock

2020-04-02 07:05 | Report Abuse

It's a reversal signal (short term rebound finished?!) it's time to take your profit.

Stock

2020-04-02 07:04 | Report Abuse

It's a reversal signal (short term rebound finished?!) it's time to take your profit.

Stock

2020-04-02 07:04 | Report Abuse

It's a reversal signal (short term rebound finished?!) it's time to take your profit.

Stock

2020-04-02 07:03 | Report Abuse

It's a reversal signal (short term rebound finished?!) it's time to take your profit.

Stock

2020-04-02 07:02 | Report Abuse

It's a reversal signal (short term rebound finished?!) it's time to take your profit.

Stock

2020-04-01 21:49 | Report Abuse

TOMORROW 0.05?

KUALA LUMPUR (April 1): Sapura Energy Bhd said today it is in discussions with banks to refinance the oil and gas support services provider’s borrowings and that these lenders are supportive of the company’s refinancing plans.

In an email reply to queries by theedgemarkets.com, a Sapura Energy representative said the company expects to complete the refinancing exercise this year.

"Yes, we are in discussion with our relationship banks on a refinancing of our borrowings. This has always been our plan, post completion of the rights issue and strategic partnership with OMV last year, where we had successfully reduced our borrowings. Banks are supportive (of) the refinancing and we expect to complete the exercise this year,” the representative said. She did not elaborate.

She said Sapura Energy will announce its results for the fourth quarter (4QFY20) and full year ended Jan 31, 2020 (FY20) in April 2020. Ahead of the results announcement, she today said Sapura Energy’s asset impairment review is a normal process, before finalizing the 4QFY20 results.

"The impairment review is annually done as part of our normal process before finalizing the 4QFY20 results, the outcome of which will be made known when we announce our results by end of April,” she said.

CGS-CIMB Securities Sdn Bhd analyst Raymond Yap wrote in a note today that Sapura Energy will need bankers’ support to continue operating as a going concern and that potentially, large asset impairments are on the horizon for the company.

"Sapura Energy had RM17bn in borrowings originally, which were reduced to RM10bn in Jan 2019, using part of the proceeds from the rights issue of new shares and preference shares. Of this RM10bn, RM1.6bn are revolving credits which need not be repaid immediately. This leaves RM8.4bn, of which RM6.4bn is to be repaid in a calendar year (CY) 23F bullet, and the remainder of RM2bn to be repaid in CY21F, CY22F and CY23F, but the repayment breakdown for each year has not been disclosed by the company,” Yap said.

Yap said Sapura Energy may struggle to repay its debt principal obligations from CY2021 onwards, unless its contract flows pick up momentum.

"However, this is unlikely, in our view, with many oil majors now rushing to cut capex spending. This means that Sapura Energy will need bankers’ support to continue operating as a going concern,” said Yap who took into account Sapura Energy’s estimated RM575 milllion cash balance as at Nov 30 2019, and trade receivables and payables of some RM1.9 billion and RM2.7 billion respectively.

"In our view, Sapura Energy and its auditors may be working through impairment issues, on its E&C (engineering and construction) and drilling assets, on the value of 50%-owned SapuraOMV’s oil & gas fields, and on the appropriate carrying value of Sapura Energy’s RM8bn goodwill, potentially necessitating a delay in its earnings release. We are not waiting for this process, and have preemptively cut our SOP (sum-of-the-parts)-valuation using our own estimates and assessments,” Yap said.

CGS-CIMB has cut its target price (TP) for Sapura Energy shares to five sen from 29 sen and downgraded its call for the stock to “Reduce” from “Hold” previously.

"Operating cashflows may be insufficient to repay debt principal from FY22F onwards, requiring bank refinancing, rescheduling or additional loans, Substantial cut to our SOP-based target price from 29 sen to 5 sen.

"Our TP has been cut by 24 sen, as we have aggressively cut the value of Sapura Energy’s businesses. Downgrade from Hold to Reduce. Sapura Energy has not recovered from the 2014-16 oil price crash, can it survive the second oil price crash?” Yap said.

Today, Bursa Malaysia’s top active stock Sapura Energy closed with a volume of some 201 million shares. The stock fell 0.5 sen or 6.25% to 7.5 sen, giving the company a market capitalization of RM1.2 billion.

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2020-03-29 21:48 | Report Abuse

Down or Up tomorrow

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2020-03-27 00:54 | Report Abuse

Pensioner fund gone here

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2020-03-25 07:44 | Report Abuse

Bank no revenue, no collection, no ECL, no bonus to management and staff, profit Q2, Q3 drop..

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2020-03-25 07:43 | Report Abuse

Bank no revenue, no collection, no ECL, no bonus to management and staff, profit Q2, Q3 drop..

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2020-03-25 07:42 | Report Abuse

Bank no revenue, no collection, no ECL, no bonus to management and staff, profit Q2, Q3 drop..

Stock

2020-03-25 07:41 | Report Abuse

Bank no revenue, no collection, no ECL, no bonus to management and staff, profit Q2, Q3 drop..

Stock

2020-03-25 07:40 | Report Abuse

Bank no revenue, no collection, no ECL, no bonus to management and staff, profit Q2, Q3 drop..

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2020-03-23 07:30 | Report Abuse

Debt, Loss company..Revenue down..
Gud Luck

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2020-03-23 07:27 | Report Abuse

Golf..Gud Luck

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2020-03-16 21:27 | Report Abuse

Gambling until going to Tanjung Rambutan

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2020-03-16 21:26 | Report Abuse

Tanjung Rambutan fully booking

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2020-03-16 21:25 | Report Abuse

Tanjung Rambutan fully booking

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2020-03-16 21:24 | Report Abuse

Tanjung Rambutan fully booking

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2020-03-16 21:22 | Report Abuse

Gone retirement saving

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2020-03-16 21:21 | Report Abuse

Gone retirement money

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2020-03-16 20:19 | Report Abuse

RM4 after Lockdown?

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2020-03-09 21:42 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Stock

2020-03-09 21:42 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Stock

2020-03-09 21:41 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Stock

2020-03-09 21:40 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Stock

2020-03-09 21:40 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Stock

2020-03-09 21:39 | Report Abuse

PETALING JAYA: Datuk Seri Najib Tun Razak has taken to social media to congratulate the ministers and deputy ministers appointed to Cabinet on Monday (March 9).

However, the former premier said there is no more time for delay, as Malaysia had "ground to a halt" for a few weeks following the resignation of Tun Dr Mahathir Mohamad as the seventh prime minister.

He said this was in addition to the economic crisis, which was already having a significant impact on the rakyat.

Malaysian leaders are facing big challenges, said Najib, who listed jobs, income, government finances, people's aid, currency, trade, foreign relations, education, rural population and development in his Facebook post.

"May you be able to carry out your duties perfectly and overcome all these challenges," he added.

Stock

2020-03-09 21:36 | Report Abuse

Hospital Bahagia, Tg Rambutan..

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2020-03-09 09:36 | Report Abuse

SATU KATA KERAMAT: "TAKUTLAH BILA MANA ORANG LAIN SEDANG TAMAK. DAN TAMAKLAH BILA MANA ORANG LAIN SEDANG TAKUT."

Apa maksudnya tu?

Ketika orang lain dalam ketakutan. Biasanya waktu market tengah drop kaw-kaw. Kat situlah sebenarnya peluang nak buat duit. Korang tau tak, ramai legendary traders buat duit masa market crash!

Tapi bila semua orang tengah sibuk kejar peluang, patutnya korang rasa takut. Sebab peluang yang direbut tu tak banyak. Tapi kita terbalik. Kita orang Melayu kan suka beli bila saham tu dah kat puncak?

So jadilah trader atau investor yang waras. Fikir selangkah ke depan berbanding orang lain. Try to look what others are thinking

Reference from: DDNK

Stock

2020-03-09 09:34 | Report Abuse

SATU KATA KERAMAT: "TAKUTLAH BILA MANA ORANG LAIN SEDANG TAMAK. DAN TAMAKLAH BILA MANA ORANG LAIN SEDANG TAKUT."

Apa maksudnya tu?

Ketika orang lain dalam ketakutan. Biasanya waktu market tengah drop kaw-kaw. Kat situlah sebenarnya peluang nak buat duit. Korang tau tak, ramai legendary traders buat duit masa market crash!

Tapi bila semua orang tengah sibuk kejar peluang, patutnya korang rasa takut. Sebab peluang yang direbut tu tak banyak. Tapi kita terbalik. Kita orang Melayu kan suka beli bila saham tu dah kat puncak?

So jadilah trader atau investor yang waras. Fikir selangkah ke depan berbanding orang lain. Try to look what others are thinking

Reference from: DDNK

Stock

2020-03-09 09:31 | Report Abuse

SATU KATA KERAMAT: "TAKUTLAH BILA MANA ORANG LAIN SEDANG TAMAK. DAN TAMAKLAH BILA MANA ORANG LAIN SEDANG TAKUT."

Apa maksudnya tu?

Ketika orang lain dalam ketakutan. Biasanya waktu market tengah drop kaw-kaw. Kat situlah sebenarnya peluang nak buat duit. Korang tau tak, ramai legendary traders buat duit masa market crash!

Tapi bila semua orang tengah sibuk kejar peluang, patutnya korang rasa takut. Sebab peluang yang direbut tu tak banyak. Tapi kita terbalik. Kita orang Melayu kan suka beli bila saham tu dah kat puncak?

So jadilah trader atau investor yang waras. Fikir selangkah ke depan berbanding orang lain. Try to look what others are thinking

Reference from: DDNK

Stock

2020-03-09 09:30 | Report Abuse

Cash is King..

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2020-02-27 20:45 | Report Abuse

Tomorrow pay out Bonus to Maybank staff?

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2020-02-25 08:37 | Report Abuse

Index hit 1450 today?

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2020-02-24 22:54 | Report Abuse

Kisah Pahlawan Doktor

1)Tun Mahathir yang jadi punca perletakan Tunku Abdul Rahman dari jawatan Perdana Menteri pertama. Baca sejarah.

Turun jawatan 1971.

2)Tun Mahathir juga instrumental (melalui desakan pembebasan Datuk Harun dan peranan Sulaiman Palestin) dalam perletakan jawatan Tun Hussein Onn sebagai Perdana Menteri ke-3.

Turun jawatan 1981.

3)Tun Mahathir naikkan Tun Musa Hitam, dan dia juga punca Tun Musa Hitam letak jawatan sebagai Timbalan Perdana Menteri.

Turun jawatan 1986.

Ku Li lawan dia - tewas!
Team A vs Team B - team Tun menang!

4)Tun Mahathir naikkan pula Tun Ghafar Baba, dia jugalah punca Tun Ghafar Baba letak jawatan sebagai Timbalan Perdana Menteri.

Turun jawatan 1993.

5)Tun Mahathir naikkan Anwar Ibrahim, kemudian dia pecat Anwar Ibrahim, yang masa tu juga sedang menjawat jawatan Timbalan Perdana Menteri.

Turun jawatan 1998.

6)Tun Mahathir naikkan Pak Lah, sebagai Perdana Menteri ke-5. Kemudian desak pula Pak Lah letak jawatan sebab tak perform.

Naik jawatan 2004, turun jawatan 2009.

7)Lepas tu Tun Mahathir naikkan pula Najib sebagai Perdana Menteri ke-6. Najib pun tak perform, Tun Mahathir minta Najib betulkan salah silap tapi Najib tak nak. Tun Mahathir terpaksa melawan dan jatuhkan Najib secara demokratik.

Naik jawatan 2009, turun jawatan 2018.

Kau tengok, 7 orang pemimpin antara paling power pernah Malaysia lahirkan sepanjang setengah abad semuanya 'disentuh' oleh Tun Mahathir.

Tun Mahathir buatkan mereka turun, dan Tun Mahathir juga buatkan mereka naik.

Ok yang di atas atas sebenarnya masih belum ultimate kawan kawan.

Benda paling ultimate ialah;

Tun Mahathir, sebab semua orang pun dia boleh turun naik kan jawatan, mungkin dia rasa tak ada fight, jadi boring.

Maka pada tahun 2003, Tun Mahathir 'turunkan' diri dia sendiri dari jawatan Perdana Menteri.

Ini real epic!

Selepas 15 tahun, sebab Malaysia tak berjalan macam yang sepatutnya, Tun Mahathir geram dan ambil keputusan 'naikkan' diri dia semula menjadi Perdana Menteri Malaysia.

Nampak tak gila powernya macam mana.

Diri turunkan diri sendiri dari jawatan Perdana Menteri, kemudian dia dengan persetujuan orang ramai, naikkan pula diri dia balik jadi Perdana Menteri.

Dalam bahasa mudahnya, dekat 20 tahun orang nak jatuhkan BN, masih tak jadi apa apa, then Mahathir kata;

"Takpa lah, mai aku tulong hangpa"

Kena Tun Mahathir juga masuk campur buat kerja, baru jadi!

Dan hari ini,

Tun Mahathir sekali lagi gerakkan buah buah catur terakhirnya.

Rakyat Malaysia baru fikir selangkah ke depan.

Rakan politik dia fikir 2 langkah ke depan.

Musuh politik dia fikir 3 langkah ke depan.

Tapi Tun Mahathir himself?

Dia dah fikir 10-15 tiang ke depan.

Sebab tu kita masih tak nampak end game macam mana.

Ini lah Game of Thrones sebenar.

Gerakan politik paling berseni yang jarang jarang muncul dalam sejarah peradaban manusia.

UMNO
PAS
Bersatu
DAP
Amanah
PKR
Warisan

Semua tunduk hormat.

Sangat entertaining!

Dan cukuplah untuk kita belajar dan percaya suatu perkara ni dengan sesungguh sungguhnya;

Dalam permainan politik di tahun dan dekad mana pun,

Selagi nyawanya dikandung badan;

Tun Mahathir tidak pernah, dan tidak akan kalah! Hidup Kedah!

Stock

2020-02-24 22:53 | Report Abuse

Kisah Pahlawan Doktor

1)Tun Mahathir yang jadi punca perletakan Tunku Abdul Rahman dari jawatan Perdana Menteri pertama. Baca sejarah.

Turun jawatan 1971.

2)Tun Mahathir juga instrumental (melalui desakan pembebasan Datuk Harun dan peranan Sulaiman Palestin) dalam perletakan jawatan Tun Hussein Onn sebagai Perdana Menteri ke-3.

Turun jawatan 1981.

3)Tun Mahathir naikkan Tun Musa Hitam, dan dia juga punca Tun Musa Hitam letak jawatan sebagai Timbalan Perdana Menteri.

Turun jawatan 1986.

Ku Li lawan dia - tewas!
Team A vs Team B - team Tun menang!

4)Tun Mahathir naikkan pula Tun Ghafar Baba, dia jugalah punca Tun Ghafar Baba letak jawatan sebagai Timbalan Perdana Menteri.

Turun jawatan 1993.

5)Tun Mahathir naikkan Anwar Ibrahim, kemudian dia pecat Anwar Ibrahim, yang masa tu juga sedang menjawat jawatan Timbalan Perdana Menteri.

Turun jawatan 1998.

6)Tun Mahathir naikkan Pak Lah, sebagai Perdana Menteri ke-5. Kemudian desak pula Pak Lah letak jawatan sebab tak perform.

Naik jawatan 2004, turun jawatan 2009.

7)Lepas tu Tun Mahathir naikkan pula Najib sebagai Perdana Menteri ke-6. Najib pun tak perform, Tun Mahathir minta Najib betulkan salah silap tapi Najib tak nak. Tun Mahathir terpaksa melawan dan jatuhkan Najib secara demokratik.

Naik jawatan 2009, turun jawatan 2018.

Kau tengok, 7 orang pemimpin antara paling power pernah Malaysia lahirkan sepanjang setengah abad semuanya 'disentuh' oleh Tun Mahathir.

Tun Mahathir buatkan mereka turun, dan Tun Mahathir juga buatkan mereka naik.

Ok yang di atas atas sebenarnya masih belum ultimate kawan kawan.

Benda paling ultimate ialah;

Tun Mahathir, sebab semua orang pun dia boleh turun naik kan jawatan, mungkin dia rasa tak ada fight, jadi boring.

Maka pada tahun 2003, Tun Mahathir 'turunkan' diri dia sendiri dari jawatan Perdana Menteri.

Ini real epic!

Selepas 15 tahun, sebab Malaysia tak berjalan macam yang sepatutnya, Tun Mahathir geram dan ambil keputusan 'naikkan' diri dia semula menjadi Perdana Menteri Malaysia.

Nampak tak gila powernya macam mana.

Diri turunkan diri sendiri dari jawatan Perdana Menteri, kemudian dia dengan persetujuan orang ramai, naikkan pula diri dia balik jadi Perdana Menteri.

Dalam bahasa mudahnya, dekat 20 tahun orang nak jatuhkan BN, masih tak jadi apa apa, then Mahathir kata;

"Takpa lah, mai aku tulong hangpa"

Kena Tun Mahathir juga masuk campur buat kerja, baru jadi!

Dan hari ini,

Tun Mahathir sekali lagi gerakkan buah buah catur terakhirnya.

Rakyat Malaysia baru fikir selangkah ke depan.

Rakan politik dia fikir 2 langkah ke depan.

Musuh politik dia fikir 3 langkah ke depan.

Tapi Tun Mahathir himself?

Dia dah fikir 10-15 tiang ke depan.

Sebab tu kita masih tak nampak end game macam mana.

Ini lah Game of Thrones sebenar.

Gerakan politik paling berseni yang jarang jarang muncul dalam sejarah peradaban manusia.

UMNO
PAS
Bersatu
DAP
Amanah
PKR
Warisan

Semua tunduk hormat.

Sangat entertaining!

Dan cukuplah untuk kita belajar dan percaya suatu perkara ni dengan sesungguh sungguhnya;

Dalam permainan politik di tahun dan dekad mana pun,

Selagi nyawanya dikandung badan;

Tun Mahathir tidak pernah, dan tidak akan kalah! Hidup Kedah!