Ladies and gentlemen, time to buy yo. The loser has spoken. Haha 100% salah prediction record no balls guy came back from his grave. Haha for months he went missing in search for his balls and still failed to deliver 1sen promise or even 2sens promise.
So now just mark 4sens when he start talking again. Sapura will go up or down, I don’t know. But I know 100% wrong prediction record will never lie. When the no balls guy quiet sell when no balls guy noisy buy. Simple easy peasy, thank you no balls guy now I know what to do
Truth is slowly coming out. The Syndicate has been SELLING behind the scenes. When they are done, their share disposed, only ikan bilis will be trading small share parcels between each other.
I think as long there No HypeInflation and Dow Co are still making some profit---Washington will engineer a controlled downtrend. After all Powell still has 5% to cut to Zero rates---I think USA will look like Japan 13 years ago, slowly dying?
be careful! if PNB dumps it only means PNB doing a "THHeavy exercise" and then liquidation, if like AAX only paid RM0.005 per RM1.00 after all, already been there done that.
How d after all those goyang Kaki's missing in actions🤣. It's just the begining bah the worst are coming soon just around the corner.So many years for regulations planning.Extension after one extensions.THE FINAL COUNTDOWN.Good luck to all experts.😭
playing sapura can get heart attack. those big holders must have hundreds of sleepless nights & thousands of cigarretes for years. if can make profit later, might be too late to enjoy it.
I think there many people giving free "predictions" on when US economy is going to collapse. Generally I look at China and Japan treasuries Holdings ( China as of today $ 800 Billion + Japan One Trillion ) Both Countries should DUMP as of Today ( If they wait for Powell to reduce rate, they will suffer Cap. Loss ) Also people screaming about Brics replacing $US soon, real soon, I think these people had "sailang" their GrandMother's FD on SerB.....China most profitable exports are to USA and EU....They sell EV bicycle and Broom to Africa, India, etc----So China asks EU and America to pay in Brick Money??? Most likely get Middle finger
Why u want to give multibillion project to a problematic plcs? The selling n buying r not to add value to the px, it's for willing to take consolidation as part of the plan.
here looks like quite happening with PNB selling, felix gone, and suprisingly the discussion still very strong these few days. not sure this is a good sign or not... seem not good as I always think that no news/less discussion will be good news...
SAP is really a very complex Co.... On one hand it is PN17. But on the other, it is Designing Carbon Capturing piping for Total & Shell.......EU talk daily about Carbon Capture ( nothing Done ) China sailang into Clean Air ( no carbon capture )---SAP is actually at the forefront of Clean Air but nobody talks about it
Today some nice Uncles and Aunties match Mabel’s queue at 3.5 sen...
As long Sapnrg P&L is positive, Mabel can continue to goyang kaki..
Let see what happen this cummings quarters..
Extension has been given. No issues at all to this very honest company..
Sapura Energy Berhad (SAPNRG) has recently generated profits in two quarters. Specifically, they reported profits in the quarters ending on April 30, 2023 and July 31, 2023.
Sapura Energy turned to profit of RM82mn driven by recovery in E&C segment partly due to gain from reversal of contingency provision. This was above Mabel’s expectation. The stock price was adversely affected by the auditor’s unqualified opinion with regard to material uncertainty related to going concern in respect of FY2024 financial statement. Nonetheless, Mabel is still optimistic that the company is well on track to complete its PN17 regularisation plan amidst the upcycle in O&G development projects. Recent contract wins that boosted its orderbook by 40% to RM7bn further affirm Mabel’s stance. Hence, Mabel’s target price remain at 6 sen which is a healthy margin against Mabel’s holding cost.
BTW how much does PNB has sold?
Based on Wall Street, PNB is still holding a significant number of shares.
Ownership Breakdown Institutions 0.514% 94,498,803 shares Individual Insiders 5.73% 1,053,688,573 shares Private Companies 11.4% 2,095,294,635 shares Mabel and Team 41.1% 7,549,998,988 shares Sovereign Wealth Funds 41.3% 7,582,461,268 shares
PN17 Lady Sapnrg, is the weakest among Mabel's 13 Princes
Management leaves Loan restructuring to PNB while they focus on "steering this ship through turbulence”. When comes to Loan restructuring you need Real Banker, so PNB appoints CIMB MD as PNB CEO ( coming in this Month-July ) PNB New CEO is really not new, he was in PNB till 2019---guess what he Bailed-Out SAP in 2019?
In 2019, Permodalan Nasional Berhad (PNB) played a significant role in bailing out Sapura Energy Bhd. PNB invested RM2.68 billion in Sapura Energy. As a result, PNB became the company’s single largest shareholder, holding a 42% stake in the firm at that time. Despite the financial challenges faced by Sapura Energy, PNB expressed confidence in the company’s turnaround under new management...
It was still a good decision to collect today at a very good bargain price. In simple term PNB cost without considering of the 12.16% before the right issues (which is much higher) is between 30 to 41 sen per share. As long as Mabel's cost is below the PNB Cost, Mabel can sleep like a baby. Thank you so much Uncles and Aunties..
Based on it’s recent contracts and selling off National Assets, Sapura Energy has now joined Yinson to secured contracts valued at US$1.8 billion (9.13 billion reais) from Brazil’s state-owned company Petrobras. These contracts are for the provision of subsea services and six pipe-laying support vessels (PLSVs).
Scope of Work: The contracts involve subsea engineering, installation, and related services in Brazilian waters. The PLSVs will perform operations such as installing flexible pipes, electric-hydraulic umbilicals, and power cables at a maximum water depth of 3000 meters.
The contracts were awarded to joint venture entities: Seabras Sapura Holding GmbH and Seabras Sapura Participacoes SA. These entities are in collaboration with Paratus Energy Services.
Cash Flow Impact: Assuming the award of this project results in a 30% down payment, the estimated inflow would be: 2.5 billion USD (from the contract) 2.5 billion USD (from the OMV stake sale) 1.4 billion USD (existing cash) This totals to 6.4 billion USD.
With these engagements. Sapura Energy’s successful contracts in Brazil indeed have the potential to significantly boost its cash flow and contribute positively to its future prospects. Weather forecast is still looking good to get out of PN17.
Those with * are the counters Mabel is holding...Mabel will continue to hold Sapnrg its not so heavy holding this ship. Beside Mabel loves to see a complete turnaround of this honest and hardworking companies...
RM$1.3m can buy all the 4 Sen outstanding positions, so operator doesn’t want to take action and waiting some positive news leaking out then see how. July quarterly results will surface before the end of September. Now 😴😴😴
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SinGor
4,770 posts
Posted by SinGor > 1 week ago | Report Abuse
PNB agent will Tell all syndicate to stay out---Believe me everybody knows everybody in Bursa---It is always
Ikan Bilis gets EATEN