Posted by strattegist > 2021-03-30 14:04 |

Post removed.Why?

Posted by JJchan > 2021-03-30 14:07 | Report Abuse

Give or Take 20sens in 10 days ( my ass is now exposed and collaterised---atleast worth
somethings ) Hopefully 30sens by end April

Posted by JuliusCeasar > 2021-03-30 14:08 | Report Abuse

Let see what market react on this. Is PNB react push up the price? Nice to watch....

Posted by ruhaizat69 > 2021-03-30 14:33 | Report Abuse

Just too much debt

Posted by JJchan > 2021-03-30 14:37 | Report Abuse

7 yrs to clear 10.3Bil Loan( most likely no Dividend but just hope for Capital Gain )

Posted by ruhaizat69 > 2021-03-30 14:43 | Report Abuse

Capital also seen can be reduce if unlucky

Posted by drkelvin20 > 2021-03-30 15:01 | Report Abuse

Guys, what I know is O&G companies mostly are on-loan companies, that is how they roll out their businesses, and it's ok, provided they can roll over and survive with profits. So, stable oil price is important...That is why back in early 2020 during Covid wide spread, some O&G companies felt out and collapsed...

I remember I read something like above somewhere before when the Singapore O&G company collapsed last year...

And we were worried for Sapura before, sometimes end of last year on high debt issue...but now it seems to have resolved this and the operation and Sapura businesses continue with successful financing facility...so what is to be worried now?

I think big fund is in there still, invested in 2019, and recently end of 2020...can check in Malaysianstock biz. for the shareholder transaction history....


So I wouldn't worry too much for now on this counter. Instead, I am betting on it to go high in near future...I will be worried only if it starts to call for Share consolidation, or anything like it...or RI again...

Or if global oil price collapse...these may give pressures to this upstream O&G company...

Else, I am still expecting something from this oil giant.

Just my two cents to share, not a buy call or sell call.

Disclaimer: Invest on own risk. ABove is from personal thought and opinions.

Posted by JuliusCeasar > 2021-03-30 15:20 | Report Abuse

Look like market react positively..... Hope its going north.

Posted by joe2020 > 2021-03-30 15:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/30/sapura-energy-secures-rm103bil-debt-refinancing

Posted by joe2020 > 2021-03-30 15:21 | Report Abuse

will rocket soon

Posted by Nikmon > 2021-03-30 15:29 | Report Abuse

Finally, closed the refinance deals with support from PNB and Maybank and CIMB...haha support by whole Malaysia fund...Haha

Posted by JoshuaMS7 > 2021-03-30 15:33 | Report Abuse

Yes. Now waiting for qtr report (generate 50-100m possible?) then rocket up to higher price for this oil gas giant company!

Posted by JJchan > 2021-03-30 16:57 | Report Abuse

Notably, the division successfully installed the first monopile at an offshore wind farm in the
Taiwan Strait earlier this month, marking the start of the Group’s maiden foray into the
offshore wind sector**************

SAP new Biz is Wind Mill-----

https://www.theguardian.com/business/2021/mar/10/china-leads-world-increase-wind-power-capacity-windfarms

Posted by skcm2017 > 2021-03-30 17:08 | Report Abuse

wait..wait for me la...loading more millions of unit there. aiyoyoyo..

Posted by JoshuaMS7 > 2021-03-30 22:20 | Report Abuse

https://www.malaymail.com/news/money/2021/03/30/sapura-energy-seals-rm10.3b-debt-refinancing/1962344?fbclid=IwAR1DA8bh9zywnYP1vCF8RWvk4j8LTMcRXl3Aw2S7nvX421UBpjxx-ZK0kyU

Posted by cashflow > 2021-03-30 23:32 | Report Abuse

This is very good news. Debt restructuring is a key exercise for sustainable financial term.

Posted by JoshuaMS7 > 2021-03-31 06:31 | Report Abuse

https://www.nst.com.my/business/2021/03/678169/sapura-energy-seals-rm103bil-debt-refinancing

Posted by Stock Speak > 2021-03-31 07:22 | Report Abuse

Lu ingat, kalau company tak bagus.. ada orang mau bagi loan RM10Bilion ka? 1 juta pun orang tak mau bagi... ini RM10.3B loan = company got very huge potential = investor dpt mkn lobster.. TP 30 sen is possible

Posted by Jjkcl > 2021-03-31 07:44 | Report Abuse

Time to move forward

Posted by JuliusCeasar > 2021-03-31 07:56 | Report Abuse

Bank that give loan are many involving locally and international. That means Bank believes on the potential of this company.

Posted by JuliusCeasar > 2021-03-31 07:58 | Report Abuse

SAPNRG is not only focus on oil exploration but already have diversified business as a backup.

Posted by JuliusCeasar > 2021-03-31 07:59 | Report Abuse

Its core business is oil exploration and use diversified business as support.

Posted by cashflow > 2021-03-31 09:14 | Report Abuse

Waiting for EPF to load more

Posted by ruhaizat69 > 2021-03-31 09:58 | Report Abuse

Klse in sell off process

Posted by CANON911 > 2021-03-31 10:01 | Report Abuse

Looks like more projects incoming. sap will riseeee slowly

Posted by JuliusCeasar > Mar 31, 2021 7:56 AM | Report Abuse

Bank that give loan are many involving locally and international. That means Bank believes on the potential of this company.

Posted by acinanatucer > 2021-03-31 11:36 | Report Abuse

Aminvestment buy calls for Sapura Energy, which has just completed its RM10bil debt restructuring package and re-positioned the formidable EPCIC group to secure fresh global orders; and Petronas Gas, which offers highly compelling dividend yields from its optimal capital structure strategy and resilient earnings base.

https://klse.i3investor.com/blogs/AmInvestResearch/2021-03-31-story-h1543076356-Oil_amp_Gas_Suppliers_rsquo_survival_guide.jsp

Posted by InvestBig > 2021-03-31 11:40 | Report Abuse

hehehe sapuuuuuu laaaaaaaaaaa

Posted by JuliusCeasar > 2021-03-31 12:29 | Report Abuse

Wow! Good news for SAPURA..... Hehehe

Posted by giinyang520 > 2021-03-31 12:34 | Report Abuse

Sapura will be move up in any of these days! Stay strong and believe guys! After debt refinancing successful and secure so many new contract, bright future ahead! Let us see whether can go back to previous glory !

Posted by ruhaizat69 > 2021-03-31 14:17 | Report Abuse

Public bank give tp0.10

Posted by Alfonso > 2021-03-31 14:42 | Report Abuse

Ayoh so benggis lah this public bank

Posted by JJchan > 2021-03-31 14:55 | Report Abuse

Waiting to celebrate Sap's Mad-Dash to 30sens finish Line

Posted by Sw33per > 2021-03-31 14:58 | Report Abuse

Itu Public bank pun sudah junam...

Posted by driller71 > 2021-03-31 16:46 | Report Abuse

"The facilities have a tenure of seven years and are guaranteed by Sapura Energy. It comes with the condition that its largest shareholder, Permodalan Nasional Bhd (PNB), continues to have over 33% stake in the oil and gas (O&G) outfit in the period. PNB currently holds a 40.1% equity interest in the company."

PNB will always be there...

https://www.theedgemarkets.com/article/sapura-energy-redeems-rm7b-multicurrency-sukuk-programme-early

Posted by casion911 > 2021-03-31 19:14 | Report Abuse

Anytime this counter will move up. contracts worth billions, New CEO, refinancing done. Next will be quarter report. Hopefully positive. which Surely the price will fly within time.

Posted by up2up > 2021-03-31 19:17 | Report Abuse

Where is the Cerun CPP project ?

Posted by TEEXIANX1840 > 2021-03-31 20:19 | Report Abuse

QR out tommorow

Posted by sheep > 2021-03-31 20:29 | Report Abuse

must be very bad qr...impairments again? ...wakaka

Posted by RISK8888 > 2021-03-31 21:05 | Report Abuse

QR should be delay one month. this is allow by bursa due to MCO 2.0.

Posted by RISK8888 > 2021-03-31 21:06 | Report Abuse

but if good governance, they shouldn't delay. like Ecoworld announce on time.

Posted by driller71 > 2021-03-31 21:16 | Report Abuse

I wonder.... Velesto's QR +/- RM500 mil loss but share price didn't even bulge.

Does it matter now if the QR report is bad, if investors/traders think that the future is bright?

Nice to hear others feedback.

Posted by matg > 2021-03-31 22:05 | Report Abuse

no matter what on QR.. they only digest oil price.. hehe

Posted by skcm2017 > 2021-03-31 23:20 | Report Abuse

Velesto's share price is already discounted in the valuation driller, relative to profit forecasts

Posted by JJchan > 2021-03-31 23:34 | Report Abuse

https://klse.i3investor.com/servlets/ptres/59177.jsp

AmInvest gave 0.290 Tp based on 50% discount on Book Value (nta=59sens) of Sapnrg

I donT think AmInvest is giving a previous Vice President of Petronas sufficient Trust!!!

Anyway, i believe we should give atleast 30% above NTA for CEO Anuar Taib's Credential

New Tp= 0.770

Posted by Smartinvstor > 2021-04-01 00:11 | Report Abuse

Brent shoot to 70, do u think Sapura still this price?

Posted by bullmarket1628 > 2021-04-01 07:25 | Report Abuse

Crude Oil Price Forecast – Crude Oil Continues to Wait for OPEC
Christopher Lewis 31-3-2021

OPEC ministers are starting a major meeting during the trading session on Wednesday as the world awaited whether or not production cuts continue.

https://www.google.com.my/amp/s/amp.fxempire.com/en/crude-oil-price-forecast-crude-oil-continues-to-wait-for-opec/715618

Posted by bullmarket1628 > 2021-04-01 07:31 | Report Abuse

Yes, OPEC ministers meeting today will know the outcome...
I think it will be a superb good news and oil price immediately will spike up towards the $80 level...

Huat ah, Heng ah, Ong ah !

Posted by obakh222 > 2021-04-01 09:37 | Report Abuse

Barang Giffen. expensive yet desired. These OnG ACE market counters bound to be Giffen goods. Don't mind waiting.

Posted by JoshuaMS7 > 2021-04-01 09:48 | Report Abuse

i think klci sentiment very poor due to politic issue again... otherwise sapura should be spike up to 0.160 at least! invest in klci really difficult! :(

Posted by hahasong > 2021-04-01 09:54 | Report Abuse

Everyone come goreng AirAsia