SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

19,122,900


79 people like this.

147,119 comment(s). Last comment by TalkNumberOne 9 hours ago

Posted by thetruthstory > 1 day ago | Report Abuse

gogo sapura

Bmw X5

7,564 posts

Posted by Bmw X5 > 1 day ago | Report Abuse

careful ...fake buy Q ...seller adding up fast & furious !!!

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

Pity haters. Today at 5 sen up 11.11%. When Sap so cheap up 0.5 sen already how many years you earn from FD haha.

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

lesser asset.. got many project also no use. later have to rent machine to work. more cost.

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

YTL Power up 10% is it easy?

UlarSawa

Ppl sharing you cakap they are haters. You ada said wrongly or not. What happened to those chased 5.5sen earlier one. Ada dapat kfc kah. Now tersangkut again leh. Kesian. Haiyoh. Correct?

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

YTL Power FA sure better than Sap but at RM 4.06 can up 10% more?

Michael R.

4,757 posts

Posted by Michael R. > 1 day ago | Report Abuse

Tell me wrong that selling the asset is tantamount to selling its golden goose laying eggs... Now no more eggs...

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

PNB still in Sap. If Sap die PNB also die PM-X want?

smartepf

274 posts

Posted by smartepf > 1 day ago | Report Abuse

PNB won't die la! PM don't want have anything to do with SAP

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

PM-X lose every by-elections. what more he can do? everyday give duit to his own people.. but still cannot win. now chinese grow tired of him. he will probably lose the next election.

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

he got answer also won't publicize it la.. we all know is PM-X partner ma.. how he can say out loud. last time fight fight fight.. now become partner.. soon lose together..

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

PM-X lose small election never mind. Important is he must win GE16. Najib won many election but by GE14 he lost remember?

dompeilee

11,888 posts

Posted by dompeilee > 1 day ago | Report Abuse

Laughable! Such gd news BUT price can't even budge appreciably for speculators to make a cent! Hmmmm could it be because of the indiscriminate printing of scrip so copiously that it's now by far the most oversupplied co. in the whole mkt???🤣 PNB /ASB can FORGET about getting even 10% of their invested(read THROWN AWAY) capital back!

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

Should ask Rafizi(only he dare talk about Sap Nrg recently not PM-X) more in his FB.

cheap1

287 posts

Posted by cheap1 > 1 day ago | Report Abuse

Is it GE16 still long way to go?

Ninth007

474 posts

Posted by Ninth007 > 1 day ago | Report Abuse

https://www.tradingview.com/news/DJN_DN20240422010761:0/

Sapura Energy's proposed sale of its stake in unit SapuraOMV Upstream to TotalEnergies looks "fairly valued," BIMB Securities analyst Azim Faris Ab Rahim says in a note. TotalEnergies is buying the stake for $530 million. Despite Sapura Energy's financially distressed status, it managed to sell its stake in SapuraOMVwith a "non-distressed valuation," supported by high oil prices, he says. Sapura Energy may have to restructure its debt by at least MYR3 billion-MYR 4 billion to achieve sustainable capital structure, he adds. BIMB Securities maintains a trading buy on Sapura Energy and keeps its target price at MYR0.06. Shares are unchanged at MYR0.05. (yingxian.wong@wsj.com)

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

That rafizi padu also failed. dare to talk so much meh?

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

faster tutup kedai.. one time pain.. better than prolong pain.

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

yes la.. so.. pandai pandai la. since he goes against PMx. You think PMx will help him?

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

PMx sendiri also want gg liao.. that rafizi also want to start do election campaign already. meaning they give up doing administrative works.. because cannot yield result... lagi impossible will help sapnrg.

hulwan

65 posts

Posted by hulwan > 1 day ago | Report Abuse

So many people so angry today 🤣🤣. This is PN17 company, no fund will touch it, unless PN17 is lifted. That's the only news that matter. No point getting mad, just sell everything and go away, or keep until PN17 is lifted.

Sslee

4,661 posts

Posted by Sslee > 1 day ago | Report Abuse

Know what is the share price of PN17 capA?

Posted by hulwan > Apr 23, 2024 11:35 AM | Report Abuse
So many people so angry today 🤣🤣. This is PN17 company, no fund will touch it

smartepf

274 posts

Posted by smartepf > 1 day ago | Report Abuse

Capital A itu siapa CEO? Ini Sapura Siapa CEO? ada sama orang ke ? Satu CEO boleh start dari Zero to Hero. Satu lagi kena jual ini jual itu sampai zero.

Sslee

4,661 posts

Posted by Sslee > 1 day ago | Report Abuse

PMX only say against selling Bplant to KLK. But for foreign buyer Malaysia is business friendly to attract the FDI.

speakup

25,058 posts

Posted by speakup > 1 day ago | Report Abuse

Cannot sell Bumi asset to Chinese. Haram!
But Halal to sell Bumi assets to Orang Putih

Mabel

23,185 posts

Posted by Mabel > 1 day ago | Report Abuse

Bravo Mon Total Energies. Tu as très bien fait d’acquérir cette oie dorée qui pond des œufs

Well done My T. You did great to acquire this golden goose that’s laying eggs. Haha You’ve outsmarted even the most cunning of geese—a feat akin to teaching a squirrel to do calculus. Now, as you sip your morning coffee, imagine the goose in its cozy nest, meticulously crafting golden eggs with built-in Wi-Fi. Yes, you’ve acquired the ultimate tech-savvy goose—one that not only lays eggs but also live-tweets its breakfast menu. As the sun sets, it whispers secrets of stock market trends and the best Netflix shows. And so, My T, may you live happily ever after, surrounded by golden eggs and a goose that’s the envy of the entire French Riviera…

May your days be as golden as those eggs!

Louis Mabel

hulwan

65 posts

Posted by hulwan > 1 day ago | Report Abuse

So, which major fund holds Capital A? What about the share price? End of last year, Tony boasted that PN17 is done deal & price shot up. All hot air. Now he's talking about selling away the profitable businesses & price came down.

Sslee

4,661 posts

Posted by Sslee > 1 day ago | Report Abuse

Even MMC also want to sell port asset to foreigner. Need more FDI to support the ringgit.

Mabel

23,185 posts

Posted by Mabel > 1 day ago | Report Abuse

The recent divestment of Sapura Energy’s 50% stake in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS indeed marks a significant strategic move. The implications:

Crown Jewel Status: SapuraOMV was considered a crown jewel in Sapura Energy’s portfolio due to its involvement in oil and gas exploration and production. The divestment means that Sapura Energy has relinquished its direct ownership of this RM 110 Billion National Valuable asset.

Financial Gain: The transaction resulted in cash proceeds of US$705.3 million (RM3.37 billion) for Sapura Energy. This substantial infusion of funds can enhance Sapura Energy’s financial position and address its debt and payables.

Strategic Shift: With the divestment, Sapura Energy is signaling a strategic shift away from exploration and production. The focus now turns toward core capabilities and innovative solutions for the dynamic energy industry.

TotalEnergies’ Role: As the new owner, TotalEnergies will have the opportunity to further develop SapuraOMV’s assets. Their expertise and resources may unlock additional growth potential.

Net Gain on Disposal: Sapura Energy expects a net gain on disposal of about RM793 million from this transaction. This gain contributes positively to the company’s financial health.

In summary, while Sapura Energy has parted with a significant asset, the financial gains and strategic realignment may position the company for future opportunities. The crown jewel have changed hands, but the story continues.

Louis Mabel

Sslee

4,661 posts

Posted by Sslee > 1 day ago | Report Abuse

Mind telling us what are sapnrg core capabilities and innovative solutions??

Strategic Shift: With the divestment, Sapura Energy is signaling a strategic shift away from exploration and production. The focus now turns toward core capabilities and innovative solutions for the dynamic energy industry

Mabel

23,185 posts

Posted by Mabel > 1 day ago | Report Abuse

Haha my handsome Sslee, it's in yesterday's announcement in edge.

They wrote it so well that Mabel's starts crying...hihihi

Louis Mabel

hulwan

65 posts

Posted by hulwan > 1 day ago | Report Abuse

Sapura has always been service provider for O&G. They then went upstream looking for bigger fish, but cannot survive the vicious current upstream. Now they're focusing back on their core specialty of providing services to the big fish.

Mabel

23,185 posts

Posted by Mabel > 1 day ago | Report Abuse

#hulwanSapura has always been service provider for O&G. They then went upstream looking for bigger fish, but cannot survive the vicious current upstream. Now they're focusing back on their core specialty of providing services to the big fish.

23/04/2024 12:41 PM

Cheers hulwan

As for Mabel, with the crown jewel have changed hands to this smart Frenchman, Mabel Energy will have to rely on more dependable, smart and competence team from PetroChina, Petronas Chemical and Yinson for her Fossil Fuel and Gamuda, YTL Power, Sembcorp, CATL for her Renewal Energy

Louis Mabel

bullrun168

215 posts

Posted by bullrun168 > 1 day ago | Report Abuse

Bought at @0.045 and Managed to sold all at @0.055 to make a handsome profits of 22%

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

First half of Mabel the cat writing make senses.. Second half is rubbish..

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

Seriously, considering sapura has over 11bil debt and increasing by every hours.. its crazy to think this sales could help in any way.

bullrun168

215 posts

Posted by bullrun168 > 1 day ago | Report Abuse

Queue up again now to sailang all my belongings to buy at @0.045
and then keep it for another round of good news out then to take profits again …

Mabel

23,185 posts

Posted by Mabel > 1 day ago | Report Abuse

nicholas99 First half of Mabel the cat writing make senses.. Second half is rubbish..
23/04/2024 1:24 PM

Haha wish part is rubbish?

nicholas99

9,841 posts

Posted by nicholas99 > 1 day ago | Report Abuse

i still remember sapura hired white men to help to restructure the debt.. i guess the white guy pocketed the money and ran.. without doing his job. or else, there is no need to sell..

Posted by Ela Deraraj > 1 day ago |

Post removed.Why?

SinGor

4,656 posts

Posted by SinGor > 1 day ago | Report Abuse

White Knight's Cash is Fast money. Should come in 1st Qr.....Should Ask Management during AGM, how many
Bank "had" already agreed to "crew Cut" or "Botak-Cut"----Next PNB Ceo (coming July) is from CIMB----Also
the One who rescued SAP First Round----Now 2nd Round is Hair-Cut

BILLC

2,027 posts

Posted by BILLC > 1 day ago | Report Abuse

Wow! Sap kena haircut twice already,,,looks like company hair going to be botak in no time,,,,haha,,,

obakh222

398 posts

Posted by obakh222 > 1 day ago | Report Abuse

Wait 12 sen lah.

SinGor

4,656 posts

Posted by SinGor > 1 day ago | Report Abuse

nicholas99
i still remember sapura hired white men to help to restructure the debt..
______________________
White Guy is expert on making "Bank Cry"---He makes SAP loss RM13 Billion on Books---All Bank Loan turns
into Smoke---But I think AA (CeoTony) is the BEST smoker in the History of Bursa---He smoked AAX 33 billion

smartepf

274 posts

Posted by smartepf > 1 day ago | Report Abuse

Try to ignore those, who always say they sell at the highest and buy at the lowest. This type of people always around the forum not real anyway.

intansri

14 posts

Posted by intansri > 1 day ago | Report Abuse

After OMV to settle part of the creditors agreement and left 8b debts according to the Edge article , within 8b debts only 4b needs for recapitalising through potentially swap shares or other capital options. The order book is increasing from 5b to 6.6b, the BIMB research house may be right of targeted share price 0.06 instead of 0.02 from RHB research house recommendation

Mabel

23,185 posts

Posted by Mabel > 1 day ago | Report Abuse

6 sen sounds reasonable...

Meow

Mabel

23,185 posts

Posted by Mabel > 23 hours ago | Report Abuse

Today we seen Bankers unloading Sapnrg shares between 5 to 6 sen. With this new, they are waiting for the retailers to unload their shares at prevailing prices.

We wait lor...

Louis Mabel

TalkNumberOne

2,915 posts

Posted by TalkNumberOne > 9 hours ago | Report Abuse

Wahh I went away for awhile. Now so heboh here 😂😂😂

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