Let’s see how the sharks unfold. Many think price goes down, but it could move upwards to kill shorties on warrants

All this rumours of 3 cents, etc is to scare retailers to sell their tokens for sharks to collect.

Yes. It’s always best to get out from toxic contract and focus on other profitable opportunities as market have already stabilised now.

Sharks still pressing down. Need Redditers to join the club

20 cents easy. TP 0.30 by end of the year

Let’s go!

Don’t think 0.03 as Sapura is rich with active asset. It’s good they let go Yunlin project and look for other prospect with current O&G market rates.

A very good decision by the group to exit the toxic contract. Let them focus on contracts and opportunities which prints profit. All these legacy contracts if not profitable and unable to fix TCs, better just exit if the termination clause allows.

Such a pity, all other counters flying high. Crude passed 92

Sapu la

Heavy elephant. Need turbo charge

Creditors also should assist on prolonging the repayment loans rather than the Company defaulting.

Let’s go

Sapura management is seriously doing jack shit and testing investors patience. They need to make positive announcements or at least update the market on the progress of asset diversement

Oil will keep trending past 90 killing shorts.

ICON going above 20 cents, just watch after earnings.

Sapura shame to local O&G community if they don’t address their red.

Sapura should use the correct market price to show its strength. They have been silent on their asset diversement exercise

0.150 coming soon!

Go go go!

Sapura, ICON, Alam, Armada. Big money started to pour in.

Yes, soon rocket

ICON is so undervalued given its profitable earnings and current O&G market. Let’s see if big money jumps in to double the share price in a week.

World big money jumping on oil and gas equities after soaring price record back to 2014.

Global Oil equities. CVX, XOM, Schlumberger and Halliburton jumped nearly 10% this week.

Serba Dinamik fabricated their finances. They were in loss actually on recent findings.

Halim no viagra to run business already.

Global Oil stocks and equities rallying fast. Local O&G stocks still farting. Need big money to join the club

Up up

Well they better hunt and secure projects with proper T&Cs. Also, with such price, most end user would want to rush and fast track their FID. They could negotiate their terms if several end users farm in more project into existing contracts

Brent Crude $80. The O&G sector is seeing one of the best prices after so many years but still catching up

Let’s see earnings report would boost the price

https://oilprice.com/Energy/Crude-Oil/Fossil-Fuel-Financing-Under-Pressure-As-Wall-Street-Caves-To-ESG-Demands.html

TSH cannot stand already even with viagra

Such a waste of good main market opportunity

Some party flushing at 4.5 but another is collecting. Would PNB drown their own deeds, doubt. I think it’s substantial holders are doing so but clearly the 4.5 ledger has buyer at this point. Let’s see if Sapura would release any plans to raise cash

The move seems to also pricing in Crude bearish movement

https://themalaysianreserve.com/2021/12/15/sapura-energy-to-focus-on-long-term-biz-stability/

It’s about time for ICON to cruise past 15 cents. Most O&G counters are facing liquidity and survival issues. ICON pipeline and cash looks promising. Let’s hope for better resonance

I see ICON quarterly earnings and upcoming quarter report optimistic for cash growth, Those want to leverage best join the party, at least to recoup losses.

Many legacy contracts were probably pre-pandemic and did not have coverage for COVID 19. Same with the companies I have been dealing where NOC refuse to acknowledge quarantine or standby charges. It’s a pain for all but they nicely declare profit after reaping from the rest.

They should be done with their toxic contracts and hopefully new contracts and terms are more profitable for SE.

https://www.theedgemarkets.com/article/sapura-energy-upbeat-progress-assets-divestment

MIDF on Buy call. Target revised to 9 cents
https://www.malaymail.com/amp/news/money/2021/12/14/midf-research-maintains-buy-for-loss-making-sapura-energy-but-lowers-target/2028286

I am on red also with this share slump but leveraging with potential counter like ICON. Let’s see

Leverage on profitable and potential counters like ICON and Reach,

With more than 7 billion worth contracts in hand, there is swift pipeline but they need to focus on contract T&Cs and managing bottom line.

Price will consolidate in the 5 cents region until announcement by creditors and lenders on their support forward.

PNB doesn’t want bankruptcy. It’s huge loss for them too. Let’s see if they come up with capital injection plans

Sapura has already secured their credit facility from lenders. Question is how they will use their loan to fund, invest and make the new ongoing contracts more profitable. They are in these red because of toxic contracts, that needs to go.