Blog: Is bailout needed for Sapura: Anti-graft NGO, netizens say flat out no!

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3 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 2022-05-17 20:18

henry888

2,247 posts

Posted by henry888 > 2022-05-16 08:34 | Report Abuse

Definitely 'no' to bail out Sapura. This is a endless rescue with "bottom less" debt albeit the crude oil prices is in its highest ever in the history whilst the company is unable to attain a positive returns.

speakup

27,069 posts

Posted by speakup > 2022-05-17 14:43 | Report Abuse

u say No, but market reaction is Yes to bailout
just look at Sapnrg, up 78%. Action speaks louder than Words.

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

13,227 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-17 20:18 | Report Abuse

It is wonderful to have local companies that are profitable. They contribute to nation building and certainly to the tax revenues of our country.

Very sad to see companies that are not run well and losing money. Doubly sad when they have to be bailed by public money.

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