nicholas99
i still remember sapura hired white men to help to restructure the debt..
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White Guy is expert on making "Bank Cry"---He makes SAP loss RM13 Billion on Books---All Bank Loan turns
into Smoke---But I think AA (CeoTony) is the BEST smoker in the History of Bursa---He smoked AAX 33 billion

White Knight's Cash is Fast money. Should come in 1st Qr.....Should Ask Management during AGM, how many
Bank "had" already agreed to "crew Cut" or "Botak-Cut"----Next PNB Ceo (coming July) is from CIMB----Also
the One who rescued SAP First Round----Now 2nd Round is Hair-Cut

20:1 and then RI ----just talk Cock. PNB and shareholders No Buy ( how to raise money? )
Bankers Hair-Cut is guarantee solid Deal

Bankers get back 2 Billion Cash But will have to take a 8 billion " hair-cut " by taking SeaDrill jack-up Rigs shares.
Next coming announcement ---No HairCut No PN17 exit

I am quite sure Insas will not be included in EPF account 3 portfolio ( bcos not Liquid ) Account 3 is about
10% EPF portfolio or from zero starting May 2024 building to 100 Billion---Better start looking for highly
liquid stock ( that EPF has small ownership ) than squatting here

EPF keeps Buying----I think EPF wants to goreng Bauto to a much higher price, in preparation for EPF Account 3
as announced by Anwar last year----Account 3 is like saving account, can withdraw EPF savings anytime so
EPF has to invest in highly Liquid asset like money market and high liquidity stock. Expected Account 3 will
be 10% of EPF asset OR 100 billion ( start counting from zero on May 2024 )

1. By Insas at Rm 1.08 and u can make 39% to 85%
2. By Insas-w Rm 0.255 and u can make 1.35% to 4.30%
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Buy OSK last year at 0.87----already MADE 67% ( no need to guess and wait for One More year to make 39% )
So how 2 Horse Race, One moving forward another always Gostan-----now wait for Osk at 2.50 ( no need
One year---just by December )

Both of them donT have Any Velesto shares ( last time EPF own less than 10%---many years ago )

You must know "who owned" CGS----Biggest Khazanah( 23%)---2) EPF 12%---It must be these 2 Hantu job

Want to confirm with my Ipoh La-tok first ( during Raya), Bcos SAP owe his Co. a few millions

Ninja _07
How to check how many units PNB bought?
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Go to Bursa and look under SAP General Announcement on 3 Nov, 2023

Waiting for "Big" announcement Before AGM ( 30 April )

Lazy to give a complete "estimate" Nett profit for 1Q24 bcos it is not due in 50days---Might push price beyond
RM1 if market is Hot ( profit from KingCoil is Huge )

Very interesting coming 1Q24 results----Macc Operation starts Feb15 2024

On behalf of the Board, RHB Investment Bank wishes to announce that the Proposed Divestment has been completed today in accordance with the terms and conditions of the SSA for a cash consideration of USD57,463,605.00.
This announcement is dated 20 March 2024.
_____________________________________________________

KingCoil SOLD date is 20 March 2024-----So 1Q24 will record KingCoil sale ( about RM 100mil ++ Cash profit )
""Not small profit""" ---Given 1Q24 Core Biz has improved----

50cents fair value is from PNB estimate for Jan 2024.....PNB has bought somewhere around 70mil @ 0.20 by
AmanahRaya on 03Nov2023 ( They didnT Sell until today )

If Monday Volume Hit 200,000,000----it means Many have Regretted Selling on Friday ( Oil price still going Up )
Then no need operator next week-----Kiasu buying back

remisiers treking Velesto said it is not CGS causes the selloff But Velesto is TopHeavy going into Holiday mood.
Next week Volume will drop, just cannot support upward push. Operator just unload causing a selloff.
Unless another Operator take Over, next week Volume will be small----Free Toll next Mon & Tue

https://finance.yahoo.com/news/malaysia-construction-industry-research-report-160700860.html
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Wait for RM2.50

Brazil pays $500,000 per Day for Jack-Up Rigs----Petronas pays $135,000----Tolling Rigs from Saudi to Brazil by Sea is Longer than to Malaysia----But there are 2 monsoon seasons coming to Malaysia ended up smaller
travelling Window eventhough shorter Route

The scope of work, it said, includes the provision of diving support vessels, air and saturation driving systems, remotely operated vehicles and other underwater services.
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I didnT know SAP got Submarine / remote ( robotics ) repair vehicle----No wonder impairment loss is so Big

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436372
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There is no Value for this 5 years Contract ( strange: works ALL below water line ) Anyway this is a Petronas Job...
I thought Petronas "Kick" SAP out Contract Bidding ( PN17 & no money )----Politicans Arm twisting Petronas
---Maybe, Maybe

Big Boys playing after 2:30PM---what seem players pushing to 30sen, actually someone dumped 6mil shares
at 0.295----However if this continue, dumping and pushing higher, the end result: is price will breach 0.34TP

https://www.malaysiakini.com/news/701289
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You can Expect MACC to comb every corners in Custom Depts Under Anwar's Order

Previous CEO has to go bcos he is close to maha-tail

I have Not see any "Agent" in Port Klang Custom area.....Anyway many Taiko are no-where to be seen

https://www.nst.com.my/news/crime-courts/2024/03/1031890/macc-arrests-34-customs-officers-rm2-billion-smuggling-scheme
--------------------------------

Cut-off in illegal Cigs will happen in 1Q24

you Bet a few thousand or loss a few Hundred---started screaming here. Have you look at PNB account
3 billion Cash injection plus 10 billion Bank Loan ( say 45% total Loan loan belong to PNB ) You are looking at
8 Billion BET----If cannot Recover, CEO confirmed selling salted Duck Egg at pasar malam

In any way April is the Month for "Major Announcement"----Will not able to Beat 30June Dead line if push
further Back-----The time limit is very similar to CapA. After Major announcement, Bursa will give more time
like CapA

If SAP manage to convince Bankers to take up shares in SeaDrill Co, to remove All 10Bil Loan. SAP price will
jump like AAX---I see no other Options

If SAP starts work on Legacy projects in 2024, most likely SAP will suffer minimum loss bcos China Steel
price has fallen 16% in 2023 ( most likely conT falling in 2024 )----Atleast SAP will earn forex Gain with little
real profit----The Real problem is SAP's Sub-Con are Not willing to work unless Old Debt are paid.
Once WhiteKnight Cash pours in to paid Sub-Con Debt, most likely SAP revenue will reach 2-3 billion
( with new Bank OverDraft ) as indicated by previous Qr----So Bank Hair-Cut is the Life line for SAP to
rebuilt rapidly bcos Oil price is not going down

DonT Buy cheap EV unless Battery is Sodium Based ( salt ) Every time Manufacturer Cut EV price they cut
corners in Battery section.....Lithium Battery Car burns so fast, no driver can escape. I have seen 2 EV burnt
infront my china factory gate. 40ft Gate from one end to the other---need 3 sec to pass thru ( whole Car burnt
with flame almost 10ft High

I am still waiting for Stockraider's prediction that Insas will beat Osk ( no date given---both start from 87sen
in 2022 )

Legacy projects with little profit margin are making life very difficult. But with so Many Asset, stop-work is Not
a option. This is a Over-expanded Co by Shahril + Mahathir Son. In 2021-22, no choice impairment loss kick-in
8--10Bil

Finance Cost last Qr is 200mil------Cut 40% or so will results MASSIVE jump in Net Profit

The TimeLine of restructuring announcement should be First " Bank Hair-Cut, next White Knight Injection
and Last OMV Sale-----I based the time line on Details released previously. WhiteKnight Cash will
come in after Suppliers Payment + Banks Debt structure are settled or agreed Upon. OMV is a 5.6Bil Deal
and Management has just finalised "Players" ( may take 1-2 months for final announcement --- then Lawyers
take over )
So First come First ----Bank Hair-Cut ( announcement should be in April on General Details to Beat 30 June
Restructuring Dead Line )

I read latest CO*2 dumping----Can understand why TOTAL wants to Buy lost making SapuraOMV. Bcos Malaysia
Gov allows Oil Giants to Dump CO*2 into Gas pipes---A $16Bil Biz in 25years----Co. that remove CO*2 from
production can continue Operating into 2050 ( EU Green Law )

Buy / Sell everyday is very healthy---Generate Volume

Breached 30.5 will send price Next Leg Up

If Hotel and Highway Biz is Not KPS core than next in Line for Sale is 40% stake in NGC energy ( distributing
Shell LPG ) ----Rough estimate beside "not release info " RM275mil

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Oil-Industry-Needs-11-Trillion-in-Upstream-Investment-by-2045.html
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Read this article you will understand Oil is in very chaotic future----Oil shock ( estimate investment is just 2T )

I donT know whether there are Any Loan balance. Plaza KPS comes with PKNS. PKNS later taken private from
KPS but Plaza KPS remains in KPS portfolio. Some Remisier said. I think wait for announcement to find out

KPS Plaza is a Done deal bcos it is selling back to PKNS ( Selangor Gov Developer )----46mil will give around
8 sents per share ---Have to wait for announcement ( very soon )

as i said no qr results will affect share price Bcos everythings is Box-in..... WAIT for HairCut--Coming soon
The cheapest Indian HairCut in Cheras is RM12.0----serve one Client at a Time.
The Cheapest SAP after HairCut is 20 sen with 5 sen to play

Muthuarum
still not enough, balik kampung lah
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sorry didnt see Ah Mut ----Indian ID but Chinese Name. Maybe OTB gang
Anyway wait lah, wait lah for RM2.50

How many Listed Co. has 5.5 Bil Asset to Sell for Cash ( beside Core Biz ) Really cannot think of One (felda, or
pharma )

if price donT move but heavy Vol----Only 2 reason: ikan bilis pump & dump Or Whale buys 100mil and dump
40mil to block price from going up-------Today no vol, then last nite is ikan bilis pump & dump

operating loss is only 150mil----It is finance cost 200mil + Omv loss 93m ( nothing you can do with 10bil loan )
Last nite i saw Edge----SapuraOMV final round has 2 Horse----TOTAL & Abu Dhabi----I think ABU DHABI
horse is going to Win reason bcos beside selling OMV , you got friendly One Billion Loan

If you buy AAX-----it should be, ---Buy a Proton Saga, get back a bicycle

A banker Trap results----No hairCut and continue Operation also the results is same " Nothing Left "---Just
like AAX ceo Tony told Bankers........I believe Management will announce Bankers HairCut Soon ( Good News for
Investor than asset sale )