sellers getting worry if all the throwing before noon is done by EPF, piling into 1.20 on 2nd Half

if T.Sri donT block today drops.........................................TG might loss 20cents by 4:50pm

Dnex is Not Ge15 goreng stock. Sharks dump or top-up cash for Ge15 pump/dump.
Maybe after Ge15, people will return to pick at cheaper price.

Has nothing to do whether PNB cash injection is sufficient or Not. ...2yrs of Covid stops many projects from
moving this is what killing Cash flow....All PNB cash injection was eaten away by work stoppages...Banks
know it and never ask Court to sell SAP asset ( as SerB )....No matter how many TopGun in Management
also ended Nowhere bcos this Covid causes Global Biz failure......no-one to blame, just wrong Timing

as i see it Airasia is worst among the worst bcos AA is still registering 1bil loss every Qr. Not going to
improve anytime soon bcos Oil at $100

If you look at AirAsia books( after restructuring), Current asset is 1.86bil And Current Liabilities is 9.8Bil...
Why donT Bankers closed Down AirAsia?????...Sell Planes and get back their money, can or Not????

10billion current liabilities is result from yearly row-over by bankers. It is actually long term Liabilities.
Actual current liabilities is around 3bil. But when 10billion is listed as current liabilities, SAP cannot borrow
any money for Cash Flow. So comes asset sales Or some cash injection from MoF..
As long as SAP can proof to Court that asset sales is in the progress, further extension of debt payment
will be given......I saw many Friends court case ended up this way

Shahril obviously Duped Mahathir and PNB about the actual financial condition of SAP in First Bailout.
When PNB finally found out, they kicked Shahril Out but Sap books gets from Bad to worst. Most Legacy
projects actually cannot move due to Covid( 2yrs) and Demand of Oil Demand Hit almost 20% Down.
Contracts were delay causing massive Cash flow problem ( main cause of impairment loss )
I think Ukraine/Russia actually might Save SAP if Gov decided on the quantum of Cash injection. Before
listing of SAP, Mahathir Son and Shahril actually has a very profitable Co. bcos where ever Petronas starts
a Porject worldwide....Mahathir Son get a piece of the lucrative project. The most profitability Oil extraction
Zone in Malaysia Water are always reserved for Mahathir Son.....This is political Connection

atleast from i read and heard from politicians, SAP is restructuring Out of Oil Exploration so Seadrill is up
for Sale....chances are MoF might finance Velesto SeaDrill Bid ( also a bailout for SAP )

Sap fleet of Drilling platform ( SeaDrill ) is now worth alot more, given steel price has appreciated 200%.
To built a Drilling platform from scratch, it takes 3.5years. Oil price may tumble back to $80 after 3years.
Who knows PNB might Buy SAP drilling platform for Velesto to make Velesto the biggest Driller in Asia
while indirectly injecting Liquidity to SAP thereby maintaining Drilling capacity for Petronas. One stone kill
2 Birds

OKU_2020
Rafizi's day in court will put Sapura Energy under scrutiny #FMTNews
__________________________
Actually Rafizi didnT say anything when Mahathir Bailout SAP using PNB. It is small fish like me keep
asking LGE why. Bailout SAP when Oil price was $30 and whole world decide to go Green.. Answer is Lau Ma
said it is a Malay kind of thing and DAP should stay Out
Now Oil price is $100 and Oil infarstructure need atleast 800billion / year investment to gain back 5 years
of underinvestment. ( EU has taken the stand to kick Russian Oil by end of 2022---1mil barrel / Day )
SAP has great opportunity to take New projects with good price Or Sell existing Asset with Higher Value
if given 1--2year of waiting time.

T.Sri strategy before Covid was profitability from reduce cost per 1000pcs by mass production. Of course
we know T.Sri Hit the biggest jackpot during Covid.
However Ukraine war has just flip T.Sri fortune. More production, more losses bcos Oil at $100 and massive
production increase from China with Covid fading Out ( pulling demand Down )
I see TG closing "Down factories" to Cut losses( lack of demand ) in 2023. I believe it will be worldwide
across the board closing down factories even in China. It will take atleast 2--3years to find equilibrium
in supply and demand. For sure 2022 will the inflection point for further price sliding downwards to a point
when Oil price falls back to $80--70 range. So i think for people who wants to average down------Wait.
TG's plunge excite me but a " horizontal price range for 1--2year " kills all excitement " .......Bye

All said it is about winning Election...it is NOT PM personal money, why worry. Gov money is from Taxes
and royalty and can pay back in perpetuality ( as long as Malaysia Exist )

How much Malaysia Gov subsidy to rakyat is beyond comprehension. 23billion to keep 2million Civil servant
per year ( world largest based on per capital income).....30billion for Petrol subsidy( nobody complaint )...
10--15billion loan to states( never pay back )....another 50--60billion to keep various Gov project (benefit
rakyat... NGO included)..... Added-Up 120billion Subsidy just bcos Current Gov wants to get Elected again in GE15......

Seriously I think AirAsia is in a worst position than SAP......but nobody wants to Talk about it bcos they think
Tony can turn AA around....So who can turn SAP around??? He must has very strong political Connection
for Gov. bailout packages ( i think it is coming regardless what those ArmChair critics said )

SAP can be save bcos Oil will stay above $100 for atleast 2--3years. Any Gov bailout will remove legacy
contracts ( loss money) in previous Oil down cycle which Owner(s) of these contracts are eagerly to complete
to catch current High Oil price.

All Biz has a cycle ( good and bad times ) Sap is caught in a massive Down cycle ( oil down to $30 ) Now
due Ukraine/Rusia War, cycle is temporary reverse. How long will this Temporary cycle hanging on...based
on similar War (USA/Iraq).....about 5--10years Or much longer due to climate Change that affect current
investment in Green Tech ( windMill + Solar ) Huge Storm ( sand storm + tsunami ) is blocking both Green
Tech to produce enough power......Energy Co. has vaguely suggest atleast 50years to switch to Green Tech.

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2022-05-24-story-h1623391097-Rep20220524_Automobile_Sector_220524_pdf

Sell TG and Buy Bauto next week ( Madza ). Revenue will Hit 1 billion based 60% increase in Car Sales
( as Above said by AMBank ) Dont average TG until 80--60cents. Raw material inflation will continue
until Ukraine/Russian declare ceased fire

Mini2021
The boss very bad, bonus issue till 8200 million shares.....and not able to handle.... bad management .....
______________________
Dont say bad management, afterward Ular comes and bite your bola....I have hundred of bite wounds from
Ular just to defend my Tp 99sens

break 1.50...margin call....break 1.30 more margin call....no ends to margin call until 9Jun ( issue death Certificate)

The number of Chinese Director(s) Sap is appointing Today speak Well...atleast Full restructuring of Management
from "Gaji Buta" style to Professional ( atleast somebody knows what to Do in extreme stressful Conditions )

wa...TG announce issuing of Death Certificate on 9 Jun

TauRx is promising but very small trial sample. Need another 7--10years to get FDA approval even large
scale Trial was done yesterday......Better hope Covid is Gone and Customers return to Betting

one month ago, Ular keep asking me why, why 1.50 cannot be broken. Now Ular need a new job, Chief
floor sweeper in Jalan Meru Plant, next promotion will Toilet cleaner

I found Harta( Tai-Kor-Kor) in Top 30KLCI......I check All the longkang around Bursa Building also cannot
find TopGlove....DonT know where Ular hide TG

Tp will be 15cents when Sharks completed collection then 20cents when IB suddenly realised their conned Tp
doesnT works. Just like Airasia Tp, loosing a Billion every Qr, yet Price is 70sen

someone bought 130million shares @0.085 after 4:50pm

henry888
This type of shares with Nosh 15,979 million some more with RSS, even back to normal financial condition,
_______________________
Not true. Nosh Free Float is around 2 Billion. Bcos PNB plus other maicai hold 47--55%. Too many Trapped
from RM4 Down to 30cents

I think Oil will be around for the next 20years. Look at EU today----fell apart after yesterday vote to Ban
russian Oil. Invest in Wind, Solar and Nuclear need 100Trillion US Dollar in 10years to replace Oil....Talk is
Cheap when money is concern. 100Trillion just replace 50% of Oil Consumption in the West........Africa,
India, Pakistan cannot afford Anything

When Harapan wins GE14, Umno and Pas went on the attack that DAP will siphon All Bumi Fund to the Chinese.
Mahathir has No choice but ended asking PNB to bailout SAP. Now it is UMNO turn

asset sale will put "pressure" Umno to rescue ailing Sap asap. However i heard it is the amount needed to
bailout Sap that MoF is pondering about, to save Sap is a foregone conclusion and important GE15 agenda

You F**King said bad news for last 6 months
------------------


roger3210

next QR will be even worse due to shanglai lockdown in apr n may, logistic issue and higher raw material which KPS mentioned in the future prospect in the latest report.

Shameless con-man roger dare to make comment here. For someone who doesnt know how to read
financial report dare to openly give comments

Results is RM16.395mil profit After Tax And 2.5sen Dividend ( start distributing Sales Profit from Sprint---117m)

where is Z-Pet mouth Roger? Going so LOW to manipulate Qr results...11mil profit BEFORE TAX!!!!!!!

Profit 16.395mil and another 2.5cents Dividend....Listen to this Z-pet mouth Roger, you have to sell yr House

Steal other ppl's underwear to renew FD lah
_____________________

Not bcos ular want to--- but his is full of Holes

15sen Dividend from Sprint Sales possible

tomolo Onwards TG trading Volume will expand rapidly. Bcos EPF can unload 400mil in silent Mode( below5%)

with supeer results out, Tomolo Ular will swallow Both T.Sri Telur and make a run to Himalaya Caves.
I hope Ular can survive in Himalaya for several month bcos T.Sri Telur...cukup, cukup 2 Ton each

last Qr loss 36mil, 1Q22 results was due 21May....further delay release means holland again

EPF keeps selling bcos it thinks T.Sri will keep supporting price. But T.Sri donT want to support price unless
EPF Stops selling. Both doing Tai Chi but Qr results will Nuke price..............How and what to do EPF TaiKor??????

wait for 3:00PM show. Any EPF dumping will plunge TG to 1.35

as i said yesterday, breached 1.50..."margin Call"....Today is a clear show for margin Dump

The coal supplied to the power plant is entirely sourced locally, via the coal supply arrangement signed with
_________________________________________

The only problem with this type monopoly coal supply is " if you donT increase price, supply of Vietnam
Coal will just vanish in thin air ( siphon out to China thru Black market ). A very Good example is Malaysia
Cigarette Tax ( 55% ),..................."for every One Cigs produced in Malaysia, another one is smuggle in from Indonesia "

Both SerB and Sap are Goreng stock for the moment...but SAP will last thru' GE15 with Lifeline thrown by
Umno. As i said before SerB is in Terminal decline, price wise.

most Sap losses are impairment losses ( not cash losses). If Sap losses ( if Real ), Bankers want their money
back immediately ( like SerB ). Look at RSS position by Bankers, Sap is actually at Bottom of Ranking, TopGlove
is Top position

EPF has about 430mil Left...Each week dump 70--120mil......Before Qr results, left 100mil

absolutely Nothing spectacular even SAP goes LU to 30cents......it just return to price level 2 year ago.
As a matter of fact, PNB thru Amananh Fund might take this initiative to Sapu 200mil as they Did to Velesto
( many times to pop up price )

as usual Velesto announce Contract( vietnam ) before Qr results.....so announcement comes next week
and ends with Qr results. No idea Qr outcome but if SAP goes Limit Up, it will pull Velesto Up too