Michael R.

lee_m2020 | Joined since 2019-08-01

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Stock

2023-07-31 09:24 | Report Abuse

This resemblance of GPacket not long time ago... now GP is 0.030..

Stock

2023-07-28 15:15 | Report Abuse

Proven dumped... more rounds possible..

Stock

2023-07-27 22:07 | Report Abuse

PN17 .. those who choose not to fight, not to hide, negotiate wisely and get backing from major sponsors eventually manage to make a good exit..

Stock

2023-07-27 16:28 | Report Abuse

I wonder who where and how they acquire those pump n dump technology?

Stock

2023-07-27 11:56 | Report Abuse

it can go as low as 0.010.. look at AT... So AT too the otherway around..

Stock

2023-07-24 15:58 | Report Abuse

plague with resignations ... and change of auditor... so typical heard elsewhere..

Stock

2023-07-24 15:51 | Report Abuse

0.335 could be the dumpfloor..

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2023-07-24 15:39 | Report Abuse

take down... waterfall... huhu...

Stock

2023-07-17 16:36 | Report Abuse

Dont touch better.. it is their game as usual..

Stock

2023-07-16 15:07 | Report Abuse

My experience travelling there, from an exit at Bruas to Taiping Changkat Jering toll entrance took more that 40km with lots of bumps and potholes..

As long as no direct connection to Taiping city, no way this highway becoming a prefered alternative to PLUS...

Stock

2023-07-15 16:17 | Report Abuse

More pain as consolidation 4 1 coming next.. what if PP ESOS SIS later?

Stock

2023-07-15 16:16 | Report Abuse

Shares cut.. holders lost it..

Stock

2023-07-12 16:08 | Report Abuse

They cant go much lower... otherwise they will lose control alot more...

Stock

2023-07-11 13:49 | Report Abuse

A reminiscence of the past : https://theedgemalaysia.com/node/668462

Now for the future the new CEO holds the most important key for the turnaround

https://www.sapuraenergy.com/can-anuar-taib-turn-around-sapura-energy/


===========================

SAPURA ENERGY BERHAD ANNOUNCES IMPROVED Q1 FY2024 RESULTS
Date: 26.06.2023.
Sapura Energy Berhad and its group of companies recorded positive financial results in the first quarter of financial year 2024 (Q1 FY2024), posting Group profit after tax and minority interests (PATAMI) of RM146 million, a 58 percent increase from the RM92 million it posted in the first quarter of financial year 2023 (Q1 FY2023).


SAPURA ENERGY BERHAD GRANTED EXTENSION TO SUBMIT PN17 REGULARISATION PLAN
Date: 13.06.2023.
Sapura Energy Berhad wishes to announce that it has been granted a time extension of up to 30 November 2023, to submit its Practice Note 17 regularisation plan to the relevant regulatory authorities.


SAPURA ENERGY BERHAD SECURES RM1.4 BILLION IN NEW WINS
Date: 8.06.2023.
Sapura Energy Berhad and its group of companies are pleased to announce that its Engineering and Construction, Drilling, and Operations & Maintenance business segments, through its wholly-owned subsidiaries, have secured 10 contract wins across the Asia Pacific and Atlantic regions between December 2022 to May 2023.


SAPURA ENERGY BERHAD AND 22 SUBSIDIARIES GRANTED EXTENSION OF CONVENING AND RESTRAINING ORDERS FOR PROPOSED DEBT RESTRUCTRUING
Date: 7.06.2023.
Sapura Energy Berhad wishes to announce that on 6th June 2023 the High Court of Malaya granted Sapura Energy and 22 of its wholly owned subsidiaries an extension period of nine months for the Convening and Restraining Orders granted in their favour, from 11 June 2023 to 10 March 2024. The Orders, which had initially been granted by the Court on 8 March 2023 pursuant to Sections 366 and 368 of the Companies Act, were set to expire on 11 June 2023.


SAPURA ENERGY BERHAD APPOINTS NEW DIRECTORS
Date: 26.05.2023.Sapura Energy Berhad is pleased to announce the appointment of two new board members, Wan Mashitah Binti Wan Abdullah Sani and Datuk Nur Iskandar Bin A Samad, as Independent Non-Executive Directors, effective 26 May 2023. Both directors are seasoned energy industry professionals, and their leadership experience will be invaluable to Sapura Energy as it executes its Reset plans and looks to grow in the future.


SAPURA ENERGY BERHAD IMPROVES OPERATIONAL RESULTS IN FINANCIAL YEAR 2023, BUT EARNINGS WEIGHED BY IMPAIRMENTS
Date: 30.03.2023.
Sapura Energy Berhad and its subsidiaries today announced unaudited preliminary full year results for the financial year ended 31 January 2023, showing noteworthy progress in efforts to regain operational stability.


Stock

2023-07-10 21:49 | Report Abuse

They bought 0.10+ could be only interested to unload at 0.130.. If this counter to move u could see many others moving too even much early...

Stock

2023-07-10 10:34 | Report Abuse

FELDA 10Bil debt.. done via SUKUK... SAP having a national interest status just like KLIA, PROTON etc...
could be next..

Stock

2023-07-05 14:59 | Report Abuse

Who is now helming BESTINET??

Stock

2023-07-05 14:58 | Report Abuse

No dumping back at 0.035 after massive take up at 0.04..

Stock

2023-07-04 12:35 | Report Abuse

I think no way PNB wanna let go huge money invested here when it has vested power to control and convince the gov in order to support SAP's plan to regularise and turnaround.. Last QR was a proof that turnaround is possible..

Stock

2023-07-02 09:01 | Report Abuse

prudentinvestor

Losing money every year, even when palm oil price was at record level. Won't invest in this kind of company.

1 month ago

Just like gold mine related companies.. always run business at loss.. What happen to the gold..??!

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Stock

2023-06-27 09:33 | Report Abuse

These days people read news a bit late... by 10am they will realise this QR news..

Stock

2023-06-27 09:21 | Report Abuse

U see with BRAHIMS n MAS the gov intervene, this SAP is just about time.. plus by its own merit this QR is an evidence that turnaround is possible... just require additional support n life line from the gov.

Stock

2023-06-27 09:13 | Report Abuse

Gonna LU likely...!!

Stock

2023-06-23 16:45 | Report Abuse

company will lose lots of money to take care court cases... when they really work then?

Stock

2023-06-23 16:19 | Report Abuse

They set up trap to catch anchovies... ended up empty handed... coz none ever exist anymore... No choices ... dumping back...
Back to 0.10?

Stock

2023-06-23 15:01 | Report Abuse

fake rebound... just trap.. now they just leave..

Stock

2023-06-22 15:46 | Report Abuse

sell.. permanently less capable producing back... no sell, still need to pay rent/operating costs.... whoever buy can immediately produce glove?....

Stock

2023-06-21 12:21 | Report Abuse

Possible if continue losses for more than 10 times... ASP influenced by China producers... dont think China producers will close down factories..

Stock

2023-06-20 15:10 | Report Abuse

If not changing business into RE, could end up like super penny stocks... PP,ESOS,ISS,Consolidate etc.. for rounds.. thats how superpenny stocks could survive despite nett loss for more than 10+years..

Stock

2023-06-20 10:13 | Report Abuse

I afraid to say... but if TP not have strong other ventures beyond glove... no way it can do business in long run as cash reserve will deplete eventually...

But we can see lots of penny stocks running for losses for 10 years still up n running... sigh...

Stock

2023-06-19 19:05 | Report Abuse

Unlike kossan which selling constuction related material... selling glove business is hard to survive...

Just like how ebay now is doing when shoppe selling lots cheaper..

Stock

2023-06-19 17:08 | Report Abuse

It's simple.. When u enter they can see .. and start shake shake games... when u sell they can see... start bullish games..

Stock

2023-06-17 13:37 | Report Abuse

Look like very hard to navigate ahead... Running up factories selling at lost due to higher operation cost.. Closing down factories no revenues...

Stock

2023-06-16 15:45 | Report Abuse

Have u ever wonder if an AI similar to ChatGPT aggressively trades at global arenas??! It could out beat any humans...

Stock

2023-06-15 17:04 | Report Abuse

Ended into election pitt..? better avoid no matter how attractive future rallies..

Stock

2023-06-15 16:52 | Report Abuse

Election money??

Stock

2023-05-31 09:10 | Report Abuse

Revenue
Revenue for the quarter ended 31 March 2023 (“1Q2023”) increased by 21% against
preceding year corresponding quarter (“1Q2022”), mainly contributed by the construction
segment. However, the IFM segment dropped significantly following expiry of contract to
maintain the national palace in second quarter of FYE2022.
On the back of the revenue, the Group achieved profit amid lower amount and margin as
compared to 1Q2022. This is mainly due to lower gross margin from construction projects.

The Group revenue for 1Q2023 was 96% higher against 1Q2022. Construction segment
continued its recovery momentum whereby it achieved 132% increase quarter-to-quarter.
This segment contributed 94% of Group’s revenue for 1Q2023 (1Q2022: 79%).
In terms of profitability, the Group achieved gross profit of RM6.69 million and net profit before
tax of RM0.63 million, a recovery from loss position in 1Q2022. Previous quarter loss was due
to downward revision of projects’ estimated profits due to costs escalation.

Prospects
The Group is optimistic of its prospects to improve its financial results for the financial year ending
2023, propelled by its remaining order books amounting RM1.52 billion, contributed by
construction segment amounting RM0.66 billion and IFM/Concession segment amounting RM0.86
billion.
The Group continues to participate in public and private sector tenders and explore opportunities
that could provide long term and stable revenue and cashflow stream. As explained in Note A12,
the Group completed the acquisition of Palm Shore Holdings Sdn Bhd, a company that owns
concession business to construct and maintain TLDM training camp in Johor. As at the date of this
report, PSHSB has remaining concession period of another seventeen years.
The Group is continuously monitoring its business operations to ensure it is driven towards greater
level of efficiency, productivity, competitiveness and good governance.

Proposed Private Placement Exercise
On 21 July 2022, on behalf of the Board of Directors of Widad Group Berhad (“Widad”), M&A
Securities Sdn Bhd announced that the Company proposes to undertake a private placement
of up to 259,250,000 new ordinary shares in Widad, representing not more than 9.42% of the
issued ordinary shares in Widad (“Proposed Private Placement”)
On 3 August 2022, M&A Securities Sdn Bhd, on behalf of the Company announced that the
listing application to Bursa Malaysia Securities Berhad in relation to the Proposed Private
Placement has been submitted on even date.
Further on 16 August 2022, M&A Securities Sdn Bhd, on behalf of the Company made an
announcement that Bursa Securities had, vide its letter dated 16 August 2022, approved the
listing of and quotation for up to 259,250,000 new ordinary shares to be issued pursuant to
the Proposed Private Placement on the ACE Market of Bursa Securities subject to the following
conditions:
a) Widad and M&A Securities must fully comply with the relevant provisions under the
Listing Requirements pertaining to the implementation of the Proposed Private
Placement;
b) Widad and M&A Securities to inform Bursa Securities upon the completion of the
Proposed Private Placement; and
c) Widad to furnish Bursa Securities with a written confirmation of its compliance with the
terms and conditions of Bursa Securities’ approval once the Proposed Private Placement
is completed.
On 29 November 2022, the Board of Directors of Widad announce that the resolution for the
proposed waiver of statutory pre-emptive rights of the shareholders was duly passed at the
Extraordinary General Meeting held on even date.
On 15 February 2023, on behalf of the Board, M&A Securities announced that Bursa
Securities had vide its letter dated 15 February 2023, approve an extension of time of 6 months
up to 15 August 2023 to complete the implementation of the Private Placement.
To date Widad has issued 64,075,000 at price between RM0.3820 to RM0.40 per Placement
Shares and the Company is in the midst of securing potential investors for the implementation
of the balance of 195,175,000 placement shares.

Stock

2023-05-24 10:40 | Report Abuse

The US debt ceiling crisis surely brings more tremors to the world before finalised n approved.. READ : https://www.investing.com/analysis/will-the-us-default-200638346

Hence, 0.025 could be possible in the worst case scenario...

Stock

2023-05-14 17:32 | Report Abuse

Its normal ... everyone could sign MoU but stated it like classified customer..
Can inflate maximum possible trades value worth millions or billions.. but later end up just 1K 1Mil etc who enforce anyway...

Stock

2023-05-14 17:30 | Report Abuse

Sell land .. cancelled...
Sell sand worth billions ... also cancelled... from the very beginning very fishy.. from where they gonna dig sand worth billions and transport to China..?? China even got bigger land..

Stock

2023-05-13 21:05 | Report Abuse

Innov8tif.. from GPacket related n HP related.. then now call off..

Stock

2023-05-13 08:57 | Report Abuse

Projects cancelled... where was the due dilligence in the first place?

Stock

2023-05-10 12:27 | Report Abuse

Strong support at 0.040... just like SERBA n SAP.. not long time ago..

Stock

2023-05-10 10:08 | Report Abuse

someone could just privately harvest the goldmine if delisted...

Stock

2023-05-10 09:55 | Report Abuse

Traps.. any slight gain will be TP with expectation for further down... hhuhu

Stock

2023-05-09 18:02 | Report Abuse

Typical... auditor run away... anoher U Hacker become auditor.. huhu..

Stock

2023-05-08 09:38 | Report Abuse

If this co not running data center, better change its name ... Whoever has DATAPREP pls run datacenter business...!!