cash bal compare to last qtr is dropping. 580mil wont last long. need to inject more money. unlikely bank want to give more loan as last RI pared down the loan. Banker scared until wet pants still dare to give more loan? Correct?
drilling segment below expectation. worst than last Qtr. E&P extraordinary gain help the overall company into black. overall no sign of improving yet. you need 3 segment to be profitable. thrn you see real turn around. else just breakeven only. Correct?
UlarSawa, sapura is midstream company. We have to know upstream company will keep drilling with agreement. and than keep in tank. thats why Serba profit good, becus they doing oil tank.
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cashflow
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Posted by cashflow > 2020-12-21 14:48 | Report Abuse
Bravo Sapura. The cost management well done.