Dumbass economist! Harapan took 100 billion out of Petronas and wasted it for nothing! For Petronas to bailout Sapura is the most strategic thing! It's a total win for Petronas to recoup the 100 billion wasted by Harapan!
You know, for 10 years, Najib never touch Petronas money! Barely days into administation, Harapan took 100 billion and totally waste Petronas cashpile! Or, did i mention how Mahathir also used PNB to bailout Sapura! And it was epic disaster! Sapura has strategic assets which Petronas can take advantage off! And can sell at profit if the savaging is successful!
The Petronas Money are used by PH Govt....to honor the debts of the Previous Najib BN Govt due to mismanagement mah!
Lu tau boh ?
Posted by Tobby > 10 minutes ago | Report Abuse
You know, for 10 years, Najib never touch Petronas money! Barely days into administation, Harapan took 100 billion and totally waste Petronas cashpile! Or, did i mention how Mahathir also used PNB to bailout Sapura! And it was epic disaster! Sapura has strategic assets which Petronas can take advantage off! And can sell at profit if the savaging is successful!
The sapnrg omv Rm 6b value....is due Brent at USD 60 to 70 mah!
Now Crude at Usd 110 should be value at more than Rm 10b loh!
But selling the 50% oil upstream....is just enough to payoff the bank loan loh!
We need good management to steer the business & create wealth to sustain the business for long term success mah!
Posted by jklkk911 > 5 minutes ago | Report Abuse
Sapura's 50% stake in SapuraOMV is value at around RM6b. If I am Petronas, and offering RM0.30 per share. It would cost only RM6b to take over Sapura. I would then approve all the Covid claim and give Sapura more job so it will be back to profit. Keep SapuraOMV and relist the other unit back in a few years. Nothing too lose.
The sapnrg omv Rm 6b value....is due Brent at USD 60 to 70 mah!
Now Crude at Usd 110 should be value at more than Rm 10b loh!
But selling the 50% oil upstream....is just enough to payoff the bank loan loh!
We need good management to steer the business & create wealth to sustain the business for long term success mah!
Posted by jklkk911 > 5 minutes ago | Report Abuse
Sapura's 50% stake in SapuraOMV is value at around RM6b. If I am Petronas, and offering RM0.30 per share. It would cost only RM6b to take over Sapura. I would then approve all the Covid claim and give Sapura more job so it will be back to profit. Keep SapuraOMV and relist the other unit back in a few years. Nothing too lose.
Raider! Better buy Hengyuan! I know you got trap big time when Hengyuan was at it's peak! Yeah, you are still holding hengyuan at highest so better average down now! About stocks, we all know you always buy at peak! So you ranting about stocks is as good as rubbish!
Raider! Maybe it's time for you to face the mirror! I mean, tell me, what stock have your recommended actually make money! All i know is that you always screaming and shouting promoting them at the peak!
HAHAH sapura only umno will support it Just like many failed GLC time to let them go the policy failed them nothing can revive it i can vouch for that in my experience with one GLC being bailed forever FAILURE old habits old agendas new shirt but OLD self Najibb mentioning this reli make ppl laugh , all the WHITE HORSE projects so many so called gonna help economy including 5g DNB waiting to fail and fall GREED will not work
The most recent raider recommendation on sapnrg 3.5 to 4 sen make alot of money mah!
It is all there mah!, All documented mah!
Lu tau boh ?
Posted by Tobby > 18 hours ago | Report Abuse
Raider! Maybe it's time for you to face the mirror! I mean, tell me, what stock have your recommended actually make money! All i know is that you always screaming and shouting promoting them at the peak!
The most recent raider recommendation on sapnrg at 3.5 to 4.0 sen make alot of monies loh! It is all there and well documented mah!
Lu tau boh ??
Posted by Tobby > 18 hours ago | Report Abuse
Raider! Maybe it's time for you to face the mirror! I mean, tell me, what stock have your recommended actually make money! All i know is that you always screaming and shouting promoting them at the peak!
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Posted by Tobby > 2022-05-17 23:01 | Report Abuse
Dumbass economist! Harapan took 100 billion out of Petronas and wasted it for nothing! For Petronas to bailout Sapura is the most strategic thing! It's a total win for Petronas to recoup the 100 billion wasted by Harapan!