There is no way 300m shares dumped, price only drop 1-2 sen from 56.5.to 55sen. Definitely a planned deal at closing.

At exactly 4.50pm..
294,767,900 shares sold at 55sen. This amount matched with EPF shareholding of 290m remaining shares. The rest 4m are retail investors. Very likely to be EPF dumping all their remaining sapura stocks.

If Khasera buys.. Good news!
If others.. we want to know who it is..

Dumping 300m shares usually will bring down price to 15-20sen lower at one go. But this dumping was agreed to 1 buyer who already set the block at 55sen.

Yes.. this is a planned purchase indeed. Something is brewing here in Sapura.

That's true Mobuzz. But donno who is the buyer yet. Hope it is Mokhzani's return.

I remember back in early Nov 2017, mokhzani dumped several hundred million shares early morning at @ 1.40 when market price was ard 1.60s the day before.

I guess today's arrangement is planned by both buyer and seller. 300m shares at closing period.

Something big is definitely happening here. Not sure what it is.. but next week should announce new major shareholder.

Kenangan Research just issued report today..
Quoting only Dialoq & Sapura were the only 2 outperformers in their Q1 FY2019 interim reports.

Means sapura is a performing company this year.

Such a good stock can go down to 55sen.. unbelievable.

NTA is 1.59

Theoritically even at 70 sen is very very very Cheap. Most analyst place TP at 80sen-RM1.10

Now 55sen WTF

This 55 sen counter... what can go wrong???

Jan 2018 - Bags 5 contracts worth 1.47 billion 
Feb 2018 - Bags another 5 contracts worth 0.905 billion 
Mar 2018 - Bags EPCIC Pegaga project worth 3.08 billion 
Mar 2018 - SK310 B15 Gas Field started production & new major source of Gas revenue 
Mar 2018 - Received 5 offshore exploration permits in New Zealand 
Mar 2018 - Won bid in Mexico's most contested block 
April 2018 - To develop 2nd major SK408 Gas Field along with Petronas & Shell (sapura energy to self-finance, no loan required) 
May 2018 - SKD Esperanza secured contract with Enquest worth USD100K per day for at least 3 months (April-June 2018) 
May 2018 - PH wins GE14, Mokhzani & Shahril meets Tun M 
May 2018 - Sapura leads 800m pipeline contract in India

55sen???

No la Pmaster.. i keep the 50sen block knowing that sapura have so many potential.

Shit happens..

I bought my 50sen Boat right after the Q4 result.. waited and it went to 91sen on 14 May,
now 55sen on 31 May.

Donno what to say..

Betul ke ni Tradeshare & Mobuzz..

Almost 300m shares dumped after 4.45pm closing price hours. Looks like well planned. We know only a substantial shareholder can dump this much of shares. Very likely EPF or KWAP.. but why dump at 55sen?

If really mokhzani.. good news la. But If dump to retail shareholders ikan bilis like you n me..
Die la..!!

Hope is really mokhzani or other new Substantial shareholder who is really willing to bring up the price n bring in new contracts.

Such a good prospect counter.. how bad can it be?? Who is dumping so desperately??

If like this.. Should have sold my 50sen boat ages ago. Now back to 55sen. Haduiii..!!

Maybe EPF dumping remaining shares?
Below 5% shareholding they dont need to declare

55sen.. what the hell happened??

Sapura to Gap up today for sure. High opening, hope can sustain.

PNB holds over 10% Sapura. Wahid statement signals for them to buy more Sapura shares.

Italy stock market yang crash due to "recession fears" also rebound 2.5%. Almost all green in Europe, US and Souhern Americas.

Asian stocks will all become green today.

Today should be very strong rebound especially for oil stocks.

Oil up 2.77%
Dow up 300 points

US futures green.. WTI Crude also green after many days..
Possible rebound tomorrow?

Pay penalty 500m better than pay 110,0000m for whole project.

Sighh.. My 50sen boat returning back to 50s after just 2 months.

Hibiscus looks like Gap Up though.. green opening. Hope it may bring some light to oil stocks too.

Its a global red. Not just Malaysia. Looks like all getting hit today.

Sapura is trading at really unrealistic price now. Way below NTA 1.59
Below avg TP of 80sen
Hard to believe it is 62sen now. I think this is market overreaction. Bent Crude Oil index drop but still high at 76.

Whoever have Cash now is King.

Agree with Spinninglotus.

How would market react tomorrow? KLSE down for many days.. when will be technical rebound?

Wow.. never would imagine Sapura jatuh 7 sen. This is bad sell off.

Now all the sapura haters & hantu raya sudah keluar komen.
Esok hijau semua diam. Buy now before semua diam. hahaha.

Maya1301 was right.. I will miss the boat today.
Demm..!! Miss the 645 boat!

Looks like heavy selling pressure in the morning probably because of the oil index slide last Friday night. But all of this will be temporary.

ProRoy sekolah dulu pass SRP tak? Ke mak bapak tak hantar pergi sekolah..

We all thanked Guan Eng for revealing the truth, so that the the government can fix the problem created by Baboon Negara (BN) immediately before it gets worst. The people are not stupid. Now that the diagnose is complete, time to apply remedy, corrective and preventive measures.

Tak malu ke Najib sembunyikan fakta setelah menjahanamkan negara. He should go to Prison. Imagine if BN won GE14.. mampos la Malaysia jadi mcm Greece Bankrupt.

Bodo punya budak ProRoy.

Remember.. the worst is over for Sapura. If they are able to finance the SK408 project in April 2018 on their own without taking loan, it shows that their Gas revenue have already generate healthy cash inflow into the company. And these are the milestone after the red Year End report;-

FY2017 - 2.5 Billion loss (of which 2.15b is impairment paper loss, only 350m is the actual operating loss)

Jan 2018 - Bags 5 contracts worth 1.47 billion

Feb 2018 - Bags another 5 contracts worth 0.905 billion

Mar 2018 - Bags EPCIC Pegaga project worth 3.08 billion

Mar 2018 - SK310 B15 Gas Field started production & new major source of Gas revenue

Mar 2018 - Received 5 offshore exploration permits in New Zealand

Mar 2018 - Won bid in Mexico's most contested block

April 2018 - To develop 2nd major SK408 Gas Field along with Petronas & Shell (sapura energy to
self-finance, no loan required)

May 2018 - SKD Esperanza secured contract with Enquest worth USD100K per day for at least 3 months (April-June 2018)

May 2018 - PH wins GE14, Mokhzani & Shahril meets Tun M

May 2018 - Sapura leads 800m pipeline contract in India (unannounced, very likely to win this contract)

Without GST, Malaysia needs to drill more Oil and produce more Gas to generate revenue. And the fact that Sapura is the largest E&P service provider in South East Asia, what could go wrong? Any reason for Sapura to make loss this year? I dont think so..

Buy now before it's too late. After Q1 report, Sapura Energy will no longer be a penny stock.

Why so negative..? Yes.. this week the price may be down a bit because of market sentiment.

However, I am very very positive that Sapura will show profit from Q1 report onwards. Wait till the QR report to be announced in June 2018.

Remember.. the worst is already over for Sapura. If they can finance the SK408 project in April 2018 on their own without taking loan, it shows that their Gas revenue have already generate healthy cash inflow into the company. And these are the milestone after the red Year End report;-

FY2017 - 2.5 Billion loss (of which 2.15b is impairment paper loss, only 350m is the actual operating loss)

Jan 2018 - Bags 5 contracts worth 1.47 billion
Feb 2018 - Bags another 5 contracts worth 0.905 billion
Mar 2018 - Bags EPCIC Pegaga project worth 3.08 billion
Mar 2018 - SK310 B15 Gas Field started production & new major source of Gas revenue
Mar 2018 - Received 5 offshore exploration permits in New Zealand
Mar 2018 - Won bid in Mexico's most contested block
April 2018 - To develop 2nd major SK408 Gas Field along with Petronas & Shell (sapura energy to self-finance, no loan required)
May 2018 - SKD Esperanza secured contract with Enquest worth USD100K per day for at least 3 months (April-June 2018)
May 2018 - PH wins GE14, Mokhzani & Shahril meets Tun M
May 2018 - Sapura leads 800m pipeline contract in India (unannounced, very likely to win this contract)

Without GST, Malaysia needs to drill more Oil and produce more Gas to generate revenue. And the fact that Sapura is the largest E&P service provider in South East Asia, what can go wrong? Any reason for Sapura to make loss this year? I dont think so..

Buy now before it is too late. After Q1 report, will no longer be a penny stock.

ProRoy orang gila

Move on la.. BN dah mati.
Now is PH era. Sapura will rise.

Holy Shit.. KLCI 1800 wall broken. Not going to be a good day.

Hmm.. KLCI now among the cheapeat stock in Asia. Sapura leads the most undervalued stock with Billions of revenue. Rebound coming soon..

KLCI leads worst market drop in Asia after that Trillion RM news. sigh!!
Sapura rebound from 71 to 73. Got buying interest! Nod bad..

see.. I told u it will rebound.

Can buy more now.. KLCI down -8p
Oil index up kaw kaw.
Tomorrow opening will gap up.. both KLCI & Sapura price.

Crude Oil up..
Brent 79.80

I am the Ikan Bilis who bought within minutes after the QR report @ 50sen.
I believe my 50sen Boat will become RM1 soon.

Anyway.. 10.30am and 3-4pm is usually force selling time. People buy cheap during these time.

After 4pm will rebound!

Oooii.. ooiii.. stop cursing..!! Start Praying..!!

Sapura Up.. Sapura Up.. Sapura UP!! UP!!

BN "Cash is King" era is gone..
No money No Balls.

Possible EPF dumping without anyone knowing..
afterall EPF hold below 5% so no need to declare they dump shares.

I think soo.. more foreign lari but all this is temporary.
Just hold your shares. Once it fly, hard to chase.

This counter.. really funny because it is really undervalued. The current price is unjustified vs NTA of 1.59

If u don't hold, u might risk missing the boat when it suddenly becomes a speedboat all the way to 1.50 or RM2.. don't hold also dangerous. Hahaha.

This happened before and may happen again soon. Especially after Mokhzani's return.

Tomorrow will definitely rise.
Dow up 350p, oil index also up.