SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

8,502,700


80 people like this.

147,482 comment(s). Last comment by TalkNumberOne 1 day ago

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-11-11 00:16 | Report Abuse

Roockeetttttt!!!!
Limit up!!!!

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 02:07 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 percent)‬
Brent => $43.44 ‪ (+1.04) (+2.45 percent)

‪Huat ah ! Heng ah ! Ong ah !‬

KingSingh

30 posts

Posted by KingSingh > 2020-11-11 05:52 | Report Abuse

Most likely to hit 20c soon

Hai Hai

663 posts

Posted by Hai Hai > 2020-11-11 07:02 | Report Abuse

Price oil $44.sapura pls up up

chromium

60 posts

Posted by chromium > 2020-11-11 07:32 | Report Abuse

Pump pump

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-11 07:35 | Report Abuse

December 0.18

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 07:57 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by Kiyoshi Paradise > 2020-11-11 09:45 | Report Abuse

No show .... , Alamak

areef67

19 posts

Posted by areef67 > 2020-11-11 10:00 | Report Abuse

This stock so heavy

Posted by acinanatucer > 2020-11-11 10:22 | Report Abuse

Sap looks promising. Keep improving ya. Baby steps.

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 11:02 |

Post removed.Why?

areef67

19 posts

Posted by areef67 > 2020-11-11 11:56 | Report Abuse

Volume high yet sleeping

Posted by NubiTrader > 2020-11-11 12:02 | Report Abuse

0.12 also habis kena telan... No more chance to kutip @ 0.095

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 12:18 |

Post removed.Why?

JJchan

7,182 posts

Posted by JJchan > 2020-11-11 14:02 | Report Abuse

https://oilprice.com/Alternative-Energy/Fuel-Cells/Australia-Could-Lead-The-11-Trillion-Hydrogen-Boom.html

Injecting Hydrogen into Natural Gas for " cooking Gas "----SAP may hit a new jackpot for
natural Gas consumption

Hai Hai

663 posts

Posted by Hai Hai > 2020-11-11 15:28 | Report Abuse

Oil price 44.66..good for sapura.pls up.hahaha

Posted by Kiyoshi Paradise > 2020-11-11 15:30 | Report Abuse

Anyone know what happen to KLCI why red ?

Hai Hai

663 posts

Posted by Hai Hai > 2020-11-11 15:39 | Report Abuse

Profit taking

21spade

187 posts

Posted by 21spade > 2020-11-11 16:27 | Report Abuse

lain counter lari, Sapura still pelan pelan kayuh

strattegist

23,459 posts

Posted by strattegist > 2020-11-11 17:03 | Report Abuse

it is a big mammoth... very heavy lorrr..

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-11-11 18:10 | Report Abuse

Tomorroooowwwwww Tp0.20
Now crude oil price too high!!!

sakthi

103 posts

Posted by sakthi > 2020-11-11 18:20 | Report Abuse

Rights issue made easier for companies to raise funds
KUALA LUMPUR (Nov 10): Companies are allowed to proceed with their proposed rights issue once the controlling shareholders are giving the irrevocable undertaking to subscribe for their full entitlement.
Companies could undertake the cash call even in the scenario that minority shareholders give it a cold shoulder.
Both the Securities Commission Malaysia (SC) and Bursa Malaysia have announced a temporary relief measure allowing eligible listed issuers to obtain mandated shareholder approval at a general meeting to undertake rights issue exercises.
"As a result of the pandemic and the Movement Control Order, many listed issuers are facing operational challenges, including raising working capital and repaying bank borrowings.
An expedited process for rights issues will enable eligible listed issuers to be more agile as they can raise funds from their existing securities holders in a shorter time frame to meet their capital and financial needs," said the regulators in a joint statement.
Under the expedited process, the regulators said eligible listed issuers, namely the public-listed companies and listed real estate investment trusts (REITs), will be granted greater flexibility to manage market uncertainties while making capital calls, and fast-track secondary fundraising, subject to certain safeguards.
For instance, the regulators said, the eligible listed issuers must have controlling shareholders who will provide an irrevocable undertaking to subscribe for their full entitlements, with not more than a 30% discount to the theoretical ex-rights price on these newly issued shares or units.
In other words, underwriters are not required to take up the unsubscribed portion of the rights issue, should minority shareholders decline to fork out more capital.
However, the rights issue exercises implemented with mandate obtained under the temporary relief measures are subjected to certain conditions. For instance, such rights issue must be a plain vanilla issuance where it can only be utilised for ordinary shares or units. This is not applicable to other types of securities such as warrants or convertible shares, according to the statement.
The statement said the temporary flexibility to allow expedited rights issue exercises by public-listed companies and listed REITs will be introduced through an enhanced rights issue framework.
The framework allows companies to issue new rights shares or units to their existing securities holders on a pro rata basis, up to 50% of the total number of issued shares or issued units, according to the joint statement.
This means that the shareholding dilution could not be more than 50% as a result of the rights issue to be undertaken under this enhanced framework.
The new general mandate for rights issue is in addition to the enhanced 20% general mandate for the issue of new securities, commonly utilised for private placements. Both relief measures are valid until Dec 31, 2021, said the statement.
The SC and Bursa Malaysia said they will continue to monitor evolving developments in the securities and financial markets which have been affected by domestic and global events, to evaluate and recalibrate measures to support an efficient and resilient market.

sental

91 posts

Posted by sental > 2020-11-11 18:28 | Report Abuse

oil $45 why not fly?

Hai Hai

663 posts

Posted by Hai Hai > 2020-11-11 18:40 | Report Abuse

Time jerung collect..after that maybe fly..

Posted by birkincollector > 2020-11-11 18:59 | Report Abuse

Aiya operators better push now when oil price good..

Nikmon

3,010 posts

Posted by Nikmon > 2020-11-11 19:46 | Report Abuse

Trader play big small, really annoying when see comment from trader, tommorow up, nest week down, go genting la....

tkl88

8,712 posts

Posted by tkl88 > 2020-11-11 19:49 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Kiyoshi Paradise > 2020-11-11 21:13 | Report Abuse

Nikmon Trader play big small, really annoying when see comment from trader, tommorow up, nest week down, go genting la....
11/11/2020 7:46 PM

Player or Banker ... haha

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-11-11 23:31 | Report Abuse

Aiyaaaaa... Already RM4?

Nikmon

3,010 posts

Posted by Nikmon > 2020-11-12 00:35 | Report Abuse

Soon or never

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-11-12 07:33 | Report Abuse

wondering, what is the best or fair entry price?

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 08:09 |

Post removed.Why?

Nikmon

3,010 posts

Posted by Nikmon > 2020-11-12 08:46 | Report Abuse

@CHLEONG888, wait for 85 cent, sure win

Posted by acinanatucer > 2020-11-12 11:04 | Report Abuse

Oil looks good. Come sap. Lets flyyyy

Posted by jacksparrow > 2020-11-12 11:41 | Report Abuse

Come on sapnrg... U can fly...

am2014

280 posts

Posted by am2014 > 2020-11-12 11:46 | Report Abuse

Oil price will continue to spike up until next week. Sapnrg will follow. Look at the volume come in...

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 11:59 |

Post removed.Why?

Nikmon

3,010 posts

Posted by Nikmon > 2020-11-12 12:17 | Report Abuse

Cant fly high since the 10 billion debt yet to settle...should follow Taib announcement instead of oil price.

I believe it should still green in Q3, the debt restructure must announce asap to allow the price move to RM 1

SinGor

4,900 posts

Posted by SinGor > 2020-11-12 12:37 | Report Abuse

It will be rollover with PNB helps. PNB will lose 3.0 billion if nothing is Done. Local Banks cannot allowed Default on 10billion bcos PN already took 40Billion from Petronas pocket. So Gov cannot
bailed out Banks in the even Sap default. It is all written in the Books

Nikmon

3,010 posts

Posted by Nikmon > 2020-11-12 12:48 | Report Abuse

This some how would be the best scenario, investor worry more RI with massive dilution,

Posted by SapuraGo > 2020-11-12 16:36 | Report Abuse

yup, the most concern pressin' on 10 billion debt...shud be decreased 1st b4 flying...global oil price will not givin' much impact on this stock... as a investor for Sapura, sad case.....haizzzz

zaffry

26 posts

Posted by zaffry > 2020-11-12 17:56 | Report Abuse

someone is collecting at 0.115 about 5 million...jerung maybe?..so i will TP for the next 2 year..hahaha

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 17:56 |

Post removed.Why?

zaffry

26 posts

Posted by zaffry > 2020-11-12 18:27 | Report Abuse

hai mr @strattegist ...long time no see u... i see u in KUB before....whats your opinion on SAPURA?? can make money for sure??

strattegist

23,459 posts

Posted by strattegist > 2020-11-12 18:47 | Report Abuse

@zaffry... janda sapura is only good to punt for kfc.. you need to play big and ONLY when there is a sign of huge trading volume in play... otherwise, just stay away from it...

Nikmon

3,010 posts

Posted by Nikmon > 2020-11-12 19:23 | Report Abuse

Taib has been took over in Aug, 3 months has passed but no sound from him about the debt and company restructure...waiting is torture.

BuahCiku

592 posts

Posted by BuahCiku > 2020-11-12 22:13 | Report Abuse

Aiyo..3 moons passed already...he belum warm up the chair lah...aiyoyo...kikiki

Nikmon Taib has been took over in Aug, 3 months has passed but no sound from him about the debt and company restructure...waiting is torture.
12/11/2020 7:23 PM

Posted by flyingtomoon2020 > 2020-11-12 22:13 | Report Abuse

Sapnrg gogogo

Posted by flyingtomoon2020 > 2020-11-12 22:13 |

Post removed.Why?

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