Posted by UlarSawa > 2020-12-22 08:29 | Report Abuse

just wait for cash call. only zero interest cash call from shareholders or PP from investors are interest free. bank still want to lend more or not? 10.5bil loan not settle yet. correct?

Posted by SapNrg > 2020-12-22 08:30 | Report Abuse

Sales up cash will come later why UlarSawa don't know? Sap sales is not cash on delivery like buy from Lazada/Shopee haha.

Posted by UlarSawa > 2020-12-22 08:37 | Report Abuse

collect cash from others not easy. cash from shareholders is more easy. no need to pay back. just apply bursa and bursa say go ahead. how many billion shares also approve one. So easy. correct?

Posted by UlarSawa > 2020-12-22 08:40 | Report Abuse

if apply bursa issue one for one RI discounted price at current price with goodies free 0.5 warrant. can raise 16bil x 10sen. that is rm1.6bil. can solve the cash issue. correct?

Posted by UlarSawa > 2020-12-22 08:43 | Report Abuse

then nosh will increase to 32bil. later share consolidation 10 to 1. back to 3.2bil so nice number. correct?

Posted by joe2020 > 2020-12-22 09:02 | Report Abuse

Sapura Energy still in the black as refinancing continues

https://www.upstreamonline.com/finance/sapura-energy-still-in-the-black-as-refinancing-continues/2-1-934835

Posted by Nikmon > 2020-12-22 09:09 | Report Abuse

Call RI for 1bil, not enough to pay back 10 billion debt...if wanted to call RI, need to push up the share price first, else waste of money only. Some business senses lah. PP also waste of moeny at current price.

Posted by keraskepala > 2020-12-22 09:26 | Report Abuse

Here comes a wolf

Posted by wehcant > 2020-12-22 09:32 | Report Abuse

No selling pressure while other counters are jerking its knees. Do you want to know why? Just wait and see.
22/12/2020 9:31 AM

Posted by UlarSawa > 2020-12-22 09:39 | Report Abuse

12.5sen many pull out. be careful. armada also softening. will affect sapnrg later. Correct?

Posted by UlarSawa > 2020-12-22 09:42 | Report Abuse

how to push up for RI. who going to push up. use common sense lah. RI can only at lower price not higher price. Need fund to improve cash for operating purposes. You think shareholder all stupid kena conned once will agree to raise fund to pay debt again like last time? Dont dream lah. Correct?

Posted by Buduilu > 2020-12-22 09:58 | Report Abuse

If announced RI, I wouldn't subscribe already, kena conn last time.. Lock me few years inside here, keep average down

Posted by JoshuaMS7 > 2020-12-22 10:10 | Report Abuse

Just added more 0.125 and q more 0.120 and waiting explore 0.150

Posted by joe2020 > 2020-12-22 10:19 | Report Abuse

Ular Sawa,

Shahril is leaving. PNB control back BOD. staff swapping between Sapura and Petronas. Energy Gas Roadmap. Debt Restructuring. Oilprice increase. QR black again. All positive news for Sapura. I don’t see why it will drop more.

Posted by callme777 > 2020-12-22 10:34 | Report Abuse

Don’t have to explain ppl like that. When stock down a lot to talk, correct correct correct, when stock up all go missing. He probably don’t own any share, just here because this company rape his whole family , correct

Posted by UlarSawa > 2020-12-22 10:43 | Report Abuse

sharing is caring. Share kfc food with all at here also sharing. Correct?

Posted by CANON911 > 2020-12-22 10:44 | Report Abuse

MIDF Research is maintaining its "buy" recommendation on Sapura Energy Bhd as it expect the group to sustain its quarterly profits into FY22.

Posted by CANON911 > 2020-12-22 10:44 | Report Abuse

https://www.klsescreener.com/v2/news/view/769195/midf-maintains-buy-on-sapura-energy

Posted by Ubah_ > 2020-12-22 10:47 | Report Abuse

Shahril high salary leaving good news? So now let us buy cheap?

joe2020 Ular Sawa,

Shahril is leaving. PNB control back BOD. staff swapping between Sapura and Petronas. Energy Gas Roadmap. Debt Restructuring. Oilprice increase. QR black again. All positive news for Sapura. I don’t see why it will drop more.
22/12/2020 10:19 AM

Posted by keraskepala > 2020-12-22 11:01 | Report Abuse

Gaji buta hohoho..

Posted by zul > 2020-12-22 11:02 | Report Abuse

sapnrg total shares issued 16 bil better consolidation shares like trive

Posted by Invesbler > 2020-12-22 11:03 | Report Abuse

https://klse.i3investor.com/blogs/kenangaresearch/2020-12-22-story-h1538337919-Sapura_Energy_Berhad_3QFY21_Posts_Core_Net_Loss.jsp

Kenanga review:

Bad: Q3 was a core net loss after stripping out one off items including accounting adjustments (Sapura window dressing ?)

Good: Refinancing almost complete, loan due soon being extended by 7 years, able to avoid loan default.

Posted by keraskepala > 2020-12-22 11:07 | Report Abuse

Doing same way, result same. Tp 0.05

Posted by UlarSawa > 2020-12-22 11:15 | Report Abuse

net loss 127mil after romoved one off item. TP 0.05 only. Kenanga no chg TP. correct?

Posted by UlarSawa > 2020-12-22 11:16 | Report Abuse

kenanga want sapnrg remain penny stock for very long? correct?

Posted by drkelvin20 > 2020-12-22 11:28 | Report Abuse

@Invesbler. I think the key is refinancing almost complete. This is crucial. Sapura management can look forward for restrategize the company operation cost and the businesses. Oil showing every sign of rebound...

Posted by drkelvin20 > 2020-12-22 11:30 | Report Abuse

@Zul, how many counter experiencing share price drop further, after share consolidating? lets not favor this...If this counter is ready. It can fly even with current share number. I remember, back in Aug/Sep20, there was one day where Sapura share soared up to 17 sen from 10 sen. That is a test water for big player and they have shown that they are able to do it.

Posted by UlarSawa > 2020-12-22 11:33 | Report Abuse

you need to see all the 3 segments. very simple to see one.


0 profit 3 loss= heavy loss.
1 profit 2 loss = reasonable loss.
2 profit 1 loss = breakeven or abit profit
3 profit 0 loss = with good profit. share price fly lah.


Correct?

Posted by drkelvin20 > 2020-12-22 11:34 | Report Abuse

@Ubah, no comment on competency for Sharil, but I remember once it was reported in news that the top management of Sapura drew high allowances despite no good business. So I think a change in top leadership may not be bad..Having new blood instilling new ideas and new contacts, why not?

The share price has dropped from 20-30 sen to 9 sen and rebounding now..So I think it will good to have new leadership.

Posted by Ubah_ > 2020-12-22 11:46 | Report Abuse

Why still 12 sen? Kenanga can trust? IB like BN?

UlarSawa net loss 127mil after romoved one off item. TP 0.05 only. Kenanga no chg TP. correct?
22/12/2020 11:15 AM

Posted by drkelvin20 > 2020-12-22 11:46 | Report Abuse

@UlarSawa, I am actually hopeful for March21 Quarter report. March20 was like a nightmare with huge loss+impairment loss.

This March 21 Quarter report should be very hopeful on YoY, etc, plus the oil price could be also hopeful during March21 with all vaccinations. If and just if Sapura improve to 3 profits and zero loss, the share price should soar to 20 sen ++. Of course, all this is provided the refinancing of debt is done deal and announced.

I expect the the share price will rise once refinancing deal is struck and being annouced, hopefully by end of this year. And follow with a huge soar in March/April21, to prepare for next Quarter report.

That is my thought and I am hopeful on this to happen. And I will try load more from now whenever there is a significant drop in Sapura share price due to volatile oil price and market sentiment on pandemic/vaccine.

And I hope share consolidations will never happen. From what I know most shares after share consolidation will drop further...

Posted by Ubah_ > 2020-12-22 11:52 | Report Abuse

UlarSawa can I ask question? Is it you use Kenanga/Rakuten to trade? 12 sen Sap today your trade got kena?

Posted by ruhaizat69 > 2020-12-22 11:54 | Report Abuse

Kenanga have no credibility

Posted by Ubah_ > 2020-12-22 11:57 | Report Abuse

If cannot answer UlarSawa id don't use again haha.

Ubah_ UlarSawa can I ask question? Is it you use Kenanga/Rakuten to trade? 12 sen Sap today your trade got kena?
22/12/2020 11:52 AM

Posted by Ubah_ > 2020-12-22 11:58 | Report Abuse

Agree. When CI 1200+ even 5 sen Sap nowhere can see.

ruhaizat69 Kenanga have no credibility
22/12/2020 11:54 AM

Posted by UlarSawa > 2020-12-22 12:03 | Report Abuse

kenanga voiced the concern are all valid. Q4 is impairment qtr. Strip all one off item that not going to happen again is valid. Dont forget Sapnrg need to have at least 1bil new project per qtr to maintain the survival so far only 2.2bil. tak cukup. future projects still unknown. all predict future oil price very good. is still unknown also. anything can happen also. Correct?

Posted by UlarSawa > 2020-12-22 12:05 | Report Abuse

I didnt queue any buy order today and not using rakuten platform.


Ubah_ If cannot answer UlarSawa id don't use again haha.

Ubah_ UlarSawa can I ask question? Is it you use Kenanga/Rakuten to trade? 12 sen Sap today your trade got kena?
22/12/2020 11:52 AM
22/12/2020 11:57 AM

Posted by drkelvin20 > 2020-12-22 12:06 | Report Abuse

Kenanga is an investment arm, there is a conflict of interest.

I remember back in previous US presidential election between Hillary Clinton and Trump, also all investment Big Funds predicted Billary Victory and gave verdict on market share plunged if trump win the election. But opposite happen when Trump did win it and share market soar.

Every since, I do not trust that much the so call analyst report by investment arm published in media.

Posted by UlarSawa > 2020-12-22 12:06 | Report Abuse

I did try to change the menu from kfc to abalone at here. look like the old habit never change. all still prefer kfc menu. Nothing I can do also. Follow lah. Correct?

Posted by keraskepala > 2020-12-22 12:14 | Report Abuse

7293 pat 100m. Tp 0.05

Posted by JT1969 > 2020-12-22 12:14 | Report Abuse

Bila nak naik?

Posted by JT1969 > 2020-12-22 12:22 | Report Abuse

Hopefully this stock can turn around fast ..

Posted by joe2020 > 2020-12-22 12:31 | Report Abuse

Sapura is gas producer now thru SK408 Bakong Sarawak. Please read again what was announced by PM and Tengku Zafrul on Sarawak gas a few weeks ago. Remember that this is Sapura’s second gas development project in Sarawak.

SapuraOMV’s partners under SK408 PSC are Sarawak Shell Berhad (30%) and PETRONAS Carigali Sdn Bhd (30%).

Posted by joe2020 > 2020-12-22 12:35 | Report Abuse

https://www.theedgemarkets.com/article/petronas-sarawak-agreement-stimulate-og-industry-development-—-pmo

Posted by SinGor > 2020-12-22 14:10 | Report Abuse

Tp 16c MiDf

Posted by ruhaizat69 > 2020-12-22 14:11 | Report Abuse

Public Bank mention SapuraEnergy - Back In The Red in their company reports for today (loss RM23.5m)

Posted by ruhaizat69 > 2020-12-22 14:14 | Report Abuse

Loss news can make the stock shoot up today

Posted by casion911 > 2020-12-22 14:15 | Report Abuse

Just hold. Its gonna fly. Be patient.

Posted by SinGor > 2020-12-22 14:17 | Report Abuse

Public Bank Tp for TopGlove 26.70 on 01 sept 2020. You Mama will Cry like Crazy

Posted by keraskepala > 2020-12-22 14:31 | Report Abuse

Oil less than 50. Tp 0.05