nickfcng

nickfcng | Joined since 2014-04-08

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

143

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
143
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2021-03-26 16:25 | Report Abuse

The new directors are from UK... Sammy Tse and LIonel. What is company venturing into?

Stock

2021-03-25 15:51 | Report Abuse

So many resignations. Whats going on?

Stock

2021-03-25 10:35 | Report Abuse

Hope for the best.

Stock

2021-03-17 18:30 | Report Abuse

Have we been conned?

Stock

2021-03-05 16:35 | Report Abuse

What happened to the limit up and active trading?

Stock

2020-08-07 15:30 | Report Abuse

Profit taking - caution due the LGE charges.

Stock

2020-07-21 21:09 | Report Abuse

I believe it will go up soon. Active lately means something is up.

Stock

2020-07-16 21:26 | Report Abuse

Better write off this Co. as it is run recklessly and like a casino.

Stock

2020-07-09 14:36 | Report Abuse

Zelan has woken up, maybe?

Stock

2020-06-29 10:32 | Report Abuse

Looks like its got some interest and coming back.

Stock

2020-06-25 09:06 | Report Abuse

So what is the announcement?

Stock

2019-11-05 15:35 | Report Abuse

Who is going to save Sumatec???

Stock

2019-10-16 11:18 | Report Abuse

When will Sumatec going to be delisted? What is your recommendation? Sell or what?

Stock

2019-01-07 22:16 | Report Abuse

It is funny when the Board announces huge contracts awarded to the company. Sadly, in spite of these contracts, they lose even more. Hopeless. So what is the likely strategy on their rights issue, guys?

Stock

2018-11-12 10:50 | Report Abuse

Has anyone received the rights forms?

Stock

2018-07-20 21:20 | Report Abuse

Sapura Energy Plc RM410 Million CEO Pay, RM533 Million Losses, Borrowings RM16.4 BILLION!
Strange things are happening in the Bumiputra corporate world with KLSE listed Sapura Energy Plc, which is in the Oil & Gas business. It was given a boost in 2012 partnering Mokhzani Mahathir's Kencana Petroleum and securing Petronas contracts. Refer https://www.thestar.com.my/…/the-making-of-sapura-kencana-…/
Mokhzani Mahathir exited SapuraKencana in 2017. Refer https://www.thestar.com.my/…/2017/11/03/mokhzani-exiting-og/

For the 5 years ended 31st January 2014-2018, Sapura LOST RM533 million after tax, but paid major shareholder and CEO Shahril Shamsuddin RM410 MILLION as follows:

1. Salary - RM43 Million.
2. EPF/Benefits - $49 Million
3. Performance Bonus - RM318 MIllion???!!!

That's about RM225,000 per day average!!!

Govt pension fund KWAP holds 6.35% and Amanah Saham Bumiputra 6.46% of Sapura shares. EPF used to hold about 13% but sold it down to 2.92% as Sapura's share price plunged from a 2013 high of RM4.98 to 47 cents, and currently at about 60 cents.

What gives? Is there any reason the Securities Commission (SC) should look into Sapura from the viewpoint of possible breach of fiduciary duty to shareholders by Chairman/Remuneration Committee/BoD?

Sapura Energy 2018 Annual Audited Report: http://ir.chartnexus.com/sapuraenergy/docs/ar/ar2018.pdf

Stock

2018-06-11 20:43 | Report Abuse

HSSEB should cut their forecasts with the abandonment of some key projects???

Stock

2018-06-11 13:27 | Report Abuse

Is this counter for real? Got heavy legs, cannot rise above .05 sen. However they have projects all around. No profit to make ah?

Stock
Stock

2018-01-08 12:53 | Report Abuse

Election bull run???

Stock

2017-12-27 15:09 | Report Abuse

Anyone can share what happened to Zelan to cause them to be sued by MEENA HOLDINGS LLC ["MH"], etc. This has been dragging on for long time and no end.

Stock

2017-12-18 20:38 | Report Abuse

Is this possibly an election counter to generate some money for GE14???

Stock

2017-12-18 15:13 | Report Abuse

Mati lah... no end to the bleeding.

Stock
Stock

2017-12-11 17:22 | Report Abuse

At last - after keeping this for the past 10 years.

Stock

2017-12-08 16:34 | Report Abuse

Holding solid. Got potential.

Stock
Stock

2017-11-08 10:39 | Report Abuse

With fuel prices surging up and up, i think Sumatec will soon be flying.

Stock

2017-10-20 15:53 | Report Abuse

What is happening folks??? Drop a lot just now. Trading at 2.35 now, down 0.16

Stock

2017-08-04 20:10 | Report Abuse

Is Kak Ros involved in this Co.?

Stock

2017-08-03 10:30 | Report Abuse

What is your target price??? I am hoping to reach about .75

Stock

2017-08-01 16:45 | Report Abuse

Now .43 sen. Looking strong

Stock

2017-08-01 14:52 | Report Abuse

Now 0.41 and looking at the sky???

Stock

2017-07-28 19:09 | Report Abuse

Been holding about 10 years. How long more?

Stock

2017-07-14 14:40 | Report Abuse

Like Iskandar Waterfront, could reach 0.75 sen

Stock

2017-07-14 14:39 | Report Abuse

Looks like it is heading to .75 sen

Stock

2017-07-11 16:49 | Report Abuse

The rights issue tipu all of us. Conmen at work there.

Stock

2017-07-05 07:29 | Report Abuse

Irresponsible directors?

Stock

2017-07-04 11:49 | Report Abuse

Hi guys. Any favourable news???

Stock

2017-06-21 09:35 | Report Abuse

Dividend reinvestment plan in the post.

Stock

2017-06-20 19:32 | Report Abuse

Mati liow. What type of share is this?

Stock

2017-06-16 17:30 | Report Abuse

Anyone have a comment on Sumatec? Up half sen, drop half sen. Not going anywhere. Waiting for what?

Stock

2017-06-16 15:48 | Report Abuse

Angelo. If you say flushing out those without holding power, are you suggesting it will go up later on?

Stock

2017-06-15 13:05 | Report Abuse

Been waiting since IPO. Hope is all we have.

Stock

2017-06-14 09:11 | Report Abuse

Anybody know when is the Rights shares going to be credit to account?

Stock

2017-06-09 11:19 | Report Abuse

Anyone with a prediction of post rights issue pricing?

Stock

2017-06-08 11:30 | Report Abuse

So, got any hope for us??>