Posted by @straightarrow
All bilis are 'kan chiong' as well. There must be some reasons for the delay. Pearlwhite has already mentioned it on last Monday that it was supposed to be featured but had a road block. Some tussle going on......hope it can be settled amicably urgently.
08/09/2021 8:51 PM

2 months already,. What kind of road block you can imagine. Haha...example just need to confirm your mother name, does it need 2 months....lol, the are not audit the whole book.

Left hand throw to right hand ..haha

If can release the SIR than no need force sell lo, why still keeping, or may release whatever has confirm like 5 out of the transaction are valid or priorities scope and release earlier.. top manage don't know how to priorities scope meh, give some confident to investor after 2 months of audit.........haha....it drag too long, something not right.....good luck lo

No SIR no Q result yet....good luck lo

0.125 really gone.....now 0.120.. haha

You are the most stupxx KFC....it is different company lah ....lol, what a joke


Posted by Parksonguy > Sep 8, 2021 9:59 AM | Report Abuse

Sapura no money and project till need rent its land. Fast run

0.125 has gone after few days strong buy, if no news probably will stay at current price until result out.

Sapura resources still under Sharill...

The longer it drag, it will impact price badly,. No institute will invest untill black and white report release...the update so ambiguous, it mean nothing wherthere EY provide update to SD in daily, weekly or monthly, who care.

As a investor want to know target when to release, after 2 months still can't provide estimated release date, why take so long. Why so difficult to confirm the transaction.

From today announcement, strongly believe that it will drag untill last date...

After 2 months still no concrete update.....what does it mean?

The longer delay, bad news most likely....lol

Lol, no QR yet......the question is why delay....

Sapura sold oil asset to jade for 60 million, not possible 10 million profit lah

Beside that all segment record profit in Q1, but dragging by one time 50 million refinance cost.

So expecting trend remain same all segment report profit, no need pay Sharill bloated salary 25 million a quarter...at least 200 million profit minimal.

10bil debt still under premium holiday for next 3 years, so no impacted.

Investor should only concern about whether SD right or wrong, you invest in SD not KPMG.

Oil and gas also up from Q1 to Q2, definitely will increase revenue and profit

Drilling utilization increase 1 to total 8. It will boost the price.

Sharill retired in Q1, I guess can save around 20 million, will improve the margin.

Sapura has more upside compare with Armada

KPMG resigned already lah, now the problem will be the debt, SIR pending EY no KPMG and Q result delay 1 month.....

1.7 billion debt due in 9 month? No audited result for more than 1.5 years, who will buy

With only 1.5 market capital, right issue may not enough lol

EY also GG, 2 months already still no news...how many month needs to confirm a company and their address......lol

Oil asset sold at 60 million
Assume manage to claim 50 out of 300 million from customer for covid cost
Save 20 million from cost saving initiative.
5% margin from 2 billion profit equal 100 million

Optimistically think that 200-300 million net profit is still possible while under premium free period.

I believe next quarter result should be around 200-300 million.

Haha, 2 Month already, still no sound from SIR, seem like not easy ton confirm the authentic of the few company.....

EY was appointed on early of July to do independent review...almost 2 months already......lol...no news yet,

Maybe no respond from EY again....haha

A company don't have audited report since last year, how foreign fund justify their purchase into serbak ...lol......what a joke.

A company cant deliver report on time for many months....only investor in Malaysia still put money in ...so irrational...go Genting lah faster.....

How many chances you want to give @solomolo

Audited result delay - give him a chance lah
SIR no news after months - give him a chance lah

Unaudited Q result also delay- give him a chances lah....


Delay, delay delay, no worry business as usual ...lol

Allow to delay 1 month but should avoided at this junction, so many listed company manage release unaudited report on time but serbak can't. Why can't release unaudited Q result on time, it is so important for serbak to clear the sky....without the QR how to win back confident of investor..

So simple but serbak can't do it right,

Wah, audited result delay, SIR no date....now even unaudited Q result also delay.....punter sleepless lo for next few day.....limit down?

Serbak more interesting, sue here sue there, keep saying company on track but Q result never on track...until today SIR no target delivery after a month plus...

Q result not out yet, I believe investor who has stake are so scared now. Until can't read properly ..

KPMG counter sue serbak from the news, reinstate their stance and action are compliance.....they scare what, they sue back serbak woh

If SD going to release result today, and if the result is good, the price should fly already, otherwise the result should be super suck.....limit down tomorrow?

Hasman, 60, who was also the former audit and risk committee (ARC) chairman of the global integrated oil & gas (O&G) outfit was charged under Section 507 of the Penal Code for threatening to cause physical harm to a fellow board member

Really very interesting, 'threatening to cause physical harm'......lol

If want the price up, simple release the result asap to clear the sky, everyday said company on track but Q result until today not yet out....so simple but can't do it right........

Seems likely, all oil counter report good result, sapura may able to hit 3 cent net profit support by asset selling, covid cost claim, higher LNG price and production and better margined, revenue should above 2billion based on the announcement earlier if project no delay.

They should know that release the Q result on time will boost stock price, not sueing pp...delaying QR will have negative to stock price....the so called top management don't know this? Karim don't know? Are there any issue cause the delay of QR? Keep saying company on track but QR can't release on time? Why?

If the result not good, another limit down...haha

Result drag until the last date on 30- Aug, bad bad symptoms.......

Sapura need to wait another month, don't forget handal another oil counter report good result

Shouldn't they need to release result by by end of of Aug, not a good sign drag until last day...

Instead of suing pp, should spend all the effort to expedite review and deliver the result earlier....this kind of top management is useless..

Anuar taib already said 2021 target has achieved around 8 billion, so the remaining Q revenue will above 2 billion, if he manage to sustain 15% margin....than stock will follow slowly ....no need fly here and fly there.

All oil counter report good result ( except serbak I guess), so sapura result should be damn good.....

I think is group call sapura thoudsandaires more suitable...

Wah, just wonder what effort has done by the millionaires club, how come the price still so low...haha

Price unchanged despite damn good result, pp no faith with oil counter?

Seems like oil counters are reporting record high profit in 2Q, engine starting (recovering)?

Result normally out at last week of sep...still got 3-4 weeks leh...

This probably the first time market react positively after PM resign...lol

I though change of gov will collapse stock market from the begining bases on experience, tomorrow is a interesting day for malaysian and stock.

Sapura is essential sector, never stop operating and perak and Sarawak are in phase 2 long time already, not much implication from today announcement I guess, border control relief for fully vaccinated could help offshore operation which was announced last week.