Sapura obviously cannot "kowtim" bank engineers due to massive losses from contracts.

now the tactic is to kowtim the stupeeeeiiid Rakyat to get Rakyat Free Money

previously Sime loss more than RM2 Billion to complete their Middle East oil contracts.

Sapura loss making contracts will be a bombshell given that costs had already increased more than 50%.
So if contract margin was 10% previously, a loss to completion of 30% to 40% will be normal.

means => a RM50 Billion contract will lose RM20 Billion

plus liabilities RM16 Billion, means total bill for the stupiieed Rakyat may exceed 1MDB fiasco amounts.

Bank Engineers will not simply freeze loans unless the contracts are loss making to 40% - 50% expected losses to completion.

for project financing borrowers need to prove contract is profitable before drawdown is appoved by bank punya engineer.
Bank engineers will review costing.
Guaranteed all contracts signed are loss making thats why Bank Engineers refused approval for drawdown.
Bank also want to make money right? if contract is profitable, guaranteed loan is approved.

all these comments by sinkalang are outright lies, lies and blatant more lies

total bill for the stupeeeeeeed Rakyat could come out more than RM25 Billion due to these loss making contracts.

EPF sold off Top Gove very very desperately, exactly like Serba case.

its outgoings only.

very few companies can survive a double compression X 2 for units and value.
effectively a simultaneous quadruple compression.
Odds of survival are very low.
spiral rates to death are high once the flight envelope exceeds design specs.

Companies graveyards are littered with such companies led by Permanent Head Damages people who are normally expected not to be able to cope.

companies with Permanent Head Damages are expected to fare badly coz such employees are not businessmen.

Its a recipe for disaster.

Lose money just keep quiet.
Losers who deliberately paints fraudulent and fake bright future
and encourage other people to join them in losing money together deserves no pity but the deepest levels of hell.

StartOfTheBull

People already lose so much money why no sense of sympathising but ridicule them instead? I think this is not correct.

1 minute ago

EPF is no longer a substantial shareholder

when companies goes bankrupt, EPF always dumps irrespective of share price or amount of losses, you can see the example in Serba and Top Glove

some people cannot stomach 10% losses

then cannot stomach 20% losses
then cannot stomach 30% losses
then cannot stomach 40% losses
then cannot stomach 50% losses
then cannot stomach 60% losses
then cannot stomach 70% losses
then cannot stomach 80% losses
then cannot stomach 90% losses

and then
the end is near and zero dividends arrived

the FIRST THING to learn in share gambling is a CUT LOSS system
otherwise ... ... ...
facts are facts

its inevitable like drink and drive, sure die one.

facts are facts

its inevitable like drink and drive, sure die one.

Price of 35 sen per share coming soon for the Evil Ular Empire to enjoy
plus no more dividends, sure 100% JIALAT

The Evil Ular Empire had fallen, no more renew FD.

The Evil Empire had fallen.

no worries

REPEAT
EXTRA !!!
EXTRA!!!
even though Govt bankrupt, will implement Special Sapura Tax to rescue Sapura

BUY WITH CON_FIDENCE before share price becomes RM0.005 each

no worries
even though Gobermen bankrupt no money to pay subsidy and now 100% must have GST.

I will propose to Gobermen to have special Sapura Tax where all the homeless are taxed RM10,000.00 each.
People with homes are taxed as RM100.00 each.
Cats, dogs and goldfish are exempted under this special Sapura Tax.



Posted by cicakman > 1 minute ago | Report Abuse

Ayam layhong no more subsidy.
Telor still long time festival

share price dropped to 8 sen is proof that Gobermen will sell Petronas to Sapura for RM1.00 plus RM500 Billion compensation for taking over Petronas.

share price dropped from 8 sen to 6 sen is proof that Gobermen will sell Maybank to Sapura for RM1.00 plus RM500 Billion compensation for taking over Maybank.

thanks rr88

rr88

Support broken days ago as i told u.
I repeat: 1.40 was the lowest point in 2019 before covid. A clean break below 1.40 is DEADLY as it will sink n sink until your jaw drops. My tp 0.70 the next 12 months.

4 minutes ago

Post removed.Why?

poor thing!!!
its slave labour !!
forced to take 2 jobs,
forced to answer all Zhou Gong remarks from me
and forced to work kfc as well


Filifawa

Lose so much in TG until u have to go working in kfc outlet kah aiyo

21 minutes ago

Post removed.Why?

Post removed.Why?

the next RI could be 25 sen to 27 sen

another USD3 Billion to USD6 Billion capital requirements

you could lose 99% of your capital from repeated RIs and consolidations

Wise Men all sold it off...

Post removed.Why?

share price dropped is proof that Gobermen will sell Petronas to Sapura for RM1.00 plus RM500 Billion compensation for taking over Petronas.

Post removed.Why?

this worth RM5.00 per share company is even much worse than INSAS.

at least INSAS is 80 sen

Post removed.Why?

different plants have totally different designs
different base efficiency per contract
example Plant A contract base efficiency is 32%
example Plant B contract base efficiency is 40%
and the heat path can be totally different.

basing your profits on another power plant means said person have totally no idea how power plant contracts are signed
and revenue generated.

for simple layman understanding..

ass_u_me a block of coal has 100 units of energy
ass_u_me Vietnam contract says must achieve 32% efficiency
if you achieve less than 32% efficiency you will suffer penalties making your IRR less than 10%
if you achieve more than 32% efficiency you will enjoy incentives making your IRR more than 10%

the contract terms can vary between 32% to 42% depending on plant design and nego skill.
Typical China efficiency is 40.9%

do you feel lucky today?

essentially whatever you do has no effect at all.
you will only get 10% IRR unless you screw up big time
thats where all these parameters like heat rate, up time, plant conversion efficiency are all methods used as incentives for plant operator to perform well.

This is so totally not the way it is calculated.

Powergen contracts are based on IRR .
This follows from US and western models which were then benchmarked to World Bank methods of drawing up contracts.
World Bank methods had become the defacto standard worldwide
and for Vietnam case its 10% IRR
10% IRR is based on approved capex by Vietnam which may or may not be same as per accounts capex shown in Jaks audited accounts.

all these are whatcamacallits
These are actually efficiency bases to make sure operator performs well to agreed standards before the 10% IRR are paid out.

:0
:)

so glad to know that I am so NOT ......... the only suspicious feller..

whole thing just looks "not right" to me.

water release timing is electrical valve controlled by PLC module or computer software.
why do you need to track water usage?
the water valve opening time report is nearest to 4 decimal places or more.

someone is using Top Gove factory water to wash personal cars? so need to track it?
there is zero security at factory premises?
dun have ISO9000 at all?


DannyArcher

If want to track water usage, can always install after sybas meter, not replace it. Everybody knows this…

32 minutes ago

=> same for Top Gove shares

Guaranteed Profits means Got Profits Take Profits, dun be greedy otherwise end up like Cheat You Crazy.... mentally disturbed...
Degil people like Cheat You Crazy invariably lose money due to GREED, then blame everybody but themselves.

in fact said warrants was trading for 30.5 for quite some time after I said sell please do not regret.
and after that was trading for 30 sen for a long time as well.

Degil people like Cheat You Crazy invariably lose money due to GREED, then blame everybody but themselves.

Guaranteed Profits means Got Profits Take Profits, dun be greedy otherwise end up like Cheat You Crazy.... mentally disturbed...

Top Gove publicly admitted it refused to follow international standards ISO9000 procedures in removing Syabas meter.

does Top Gove also refuse to follow medical standards and ISO9000 procedures when manufacturing medical gloves?

just before I sold my warrants for Guaranteed Profits, I said those who do NOT sell, please do not regret.
Then only I sold.
after so long ago, Cheat You Crazy is still jealous?

making money in shares or warrants is normal, if jealous, no one can help you.

Cheat You Crazy still talking about my Guaranteed Profits after I sold my warrants at 30.5 sen?

dun be jealous ok?

I say
You keep saying things you have totally no idea loh

The Syabas meter ... does it have a Top Gove asset tag ?
after removing said Syabas meter, where was the said meter stored ?

was the Top Gove Asset Register updated that the Property of Top Gove moved to new location? (wink wink) ie location updated.

was a Asset Impairment Request Form signed and approved?
but of course this ass_u_me that an Asset Removal Form was first authorized in the first place
and the Syabas meter Asset Number was identified prior to removal as per ISO9000 requirements.

so at a master stroke everything was not complied with.... ... ...

btw
fyi
ps
pss
the Syabas meter is property of Top Gove ???????????????????????????????

kakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakaka

dunno
dun bluff lah
the 2 dilution event is computer controlled
there is totally ZERO / NO NEED to monitor water consumption at all

I kasi muka dun mention
snaky people climb on top of my head

even Arduino can get the job done
wats that got to do with Syabas labeled meter with seal?

Karma time

now Top Gove bad karma time

funny things come out only happen to Top Gove but never elsewhere one.

bankrup9t lah

tats wi hire Syabas mistales with unqualified engineer lah guna minimum wage and 4 inch mattresses lah

tak payah cakiap cakiap manyak manyak

TG bankru8pt lah
when TG bankru8pt manyak manyak "funny things" happen one ...
like Mr Bean broke Syabas seal on water meter lah

sampai bi bi EPF

Bye, bye Miss Top Gove
Drove my Chevy to the levee but the levee was dry
And them good ole boys were drinking whiskey and rye
Singin' this'll be the day that I die
This'll be the day that I die

aiyoyo

suka suka just remove Syabas punya meter with label and with seal

suka suka just remove the latex or butadiene from gloves lah

suka suka medical gloves got mistales lah

tulis forum just for Snaky people to see and get angry only lah

most investors have never ever heard of i3 before
dun believe just ask around when you attend any investment seminar or any investment expo

:)

Post removed.Why?

never happened anywhere else

dunno whether medical gloves got mistakes or not?

there is zero/no ISO9000 for the factory ??
no GMP ???

mana ada standard?

https://www.hmetro.com.my/mutakhir/2022/05/847292/jurutera-tersilap-gantikan-meter-air-syabas-penggunaan-dibayar-sepenuhnya

company's explanation
oops it was a mistake ????

Steal Water
Reduce price of Gloves
Competitors pay genuine price Water
Competitors go bankrupt
Top Glove takeover competitors' punya factories

ini macam all those Dividends paid out all very bad Karma loh

"Behind every great fortune lies a great crime"

no wonder Top Glove go bankrupt lah

are Top Glove Audited accounts genuine?

why need to steal water?
wanna steal better steal RM40 Billion lah

Top Glove

TP = RM0.35 sen mari

Fraud case to steal water pula
no money to pay water bills?

Top Glove got cash?

no need to do fraud case to steal water ???????

are the bank balances genuine?
no money to pay water bills?