Posted by armadatuah2017 > 2021-07-23 11:15 | Report Abuse

No matter how many projects they secured, it failed to bring in positive operation cash flow to the company. It is still burning cash....after RI few years ago, now they still need to restructure debt.
RM4 Billion RI had failed to improve company's profitability, only used to maintain.

Posted by Tobby > 2021-07-23 15:07 | Report Abuse

Yeah, Saprng needs plenty of asset and costs trimming! But i am sure the new guys will do fine! Good riddance to that Director Sharir! Dumbass! Hoard too much stagnant assets!

Posted by JoshuaMS7 > 2021-07-23 16:39 | Report Abuse

Covid keep breaking highest to 15k per day!! How to fly for sapura?? :(

Posted by ruhaizat69 > 2021-07-23 17:33 | Report Abuse

Director must sell their underwear to save sapura

Posted by strattegist > 2021-07-23 17:47 |

Post removed.Why?

Posted by drkelvin20 > 2021-07-24 10:01 | Report Abuse

Same thoughts here with @armadatuah too...I think they need to sell off those assets, reduce impairment cost, and optimze the operation cost...slowly toward more sustainable positive cash flow to company while repaying the debt from profit and asset sell off....

Hope they will be able to get rid some during oil bullish now...Focusing on those biz with more sustainable and higher profit margin

Disclaimer: Own sharing, not buy or sell call...

Posted by driller71 > 2021-07-26 07:00 | Report Abuse

...
Honestly nobody wants to buy those tender rigs that have been cold stacked for more than 2 years. To reactivate them will cost a lot of money.

They are better off scrapping those assets & claim impairment cost.

Posted by JoshuaMS7 > 2021-07-26 11:30 | Report Abuse

walao broke 0.120!! Going bk 0.115!!

Posted by Jeffreyteck > 2021-07-26 12:55 | Report Abuse

...Outstanding order book a boost for Sapu.... Though it never short of contracts?

Posted by ruhaizat69 > 2021-07-26 13:39 | Report Abuse

Only PNB can save this co

Posted by Loh Kok Wai W > 2021-07-26 13:51 | Report Abuse

PNB can save this co ????/ same same lah....ular,buaya,haimau,phiranna....byk...

Posted by JoshuaMS7 > 2021-07-26 15:06 | Report Abuse

if broke 0.115 in this few days might back below 0.100 soon!! sad!! :(

Posted by DickyMe > 2021-07-26 22:37 |

Post removed.Why?

Posted by TuaTuaLiap > 2021-07-27 10:47 | Report Abuse

aduhai masih lausai

Posted by Ekkram > 2021-07-27 13:42 | Report Abuse

Berat mana boleh terbang, banyak toyol bertenggek.

Posted by acinanatucer > 2021-07-27 18:12 | Report Abuse

Just wait..It will bounce back

Posted by AnakSoleh00 > 2021-07-27 22:40 | Report Abuse

very hopeful this counter will go up lah.

Posted by takuhara83 > 2021-07-27 22:44 | Report Abuse

Thinking of buying. Keep for a while and hopefully harga naik with new contracts in hand.

Posted by Tobby > 2021-07-27 22:47 | Report Abuse

Oil stocks are moving very slow of late! Well bursa is sluggish to be frank! So until Covid concern is address, i think you can accumulate at your sweet time now!

Posted by AnakSoleh00 > 2021-07-27 22:55 | Report Abuse

Stop thinking and just buy. For sure boleh naik.

Posted by takuhara83 > Jul 27, 2021 10:44 PM | Report Abuse

Thinking of buying. Keep for a while and hopefully harga naik with new contracts in hand.

Posted by Mikesinoda283 > 2021-07-27 23:01 | Report Abuse

Keep holding. The counter will go up hopefully.

Posted by strattegist > 2021-07-28 11:54 |

Post removed.Why?

Posted by AnakSoleh00 > 2021-07-28 20:59 | Report Abuse

Patience....It will bounce

Posted by Mikesinoda283 > 2021-07-28 23:10 | Report Abuse

I bet on this counter at the moment. SO cheap. Keep hold and buy buy buyyyy.

Posted by cashflow > 2021-07-29 10:18 | Report Abuse

Whales wants retailers to give up this counter so they can grab all to push it up.

Posted by ruhaizat69 > 2021-07-29 16:07 | Report Abuse

Market drop due to pm corward

Posted by MaverickBuzz > 2021-07-29 21:29 | Report Abuse

Hopefully with the increase in Brent, sapura has something up their sleeves to increase the price.

Posted by cashflow > 2021-07-29 23:17 | Report Abuse

OPEC will do all it can to save their own pockets in O&G stocks. Members of OPEC have personal interest to save their wealth, Just ride on

Posted by AnakSoleh00 > 2021-07-30 08:44 | Report Abuse

Keep the patience...slowly but surely..i still believe with this counter

Posted by cashflow > 2021-07-30 23:28 | Report Abuse

Believe in FOMO, when it happens, it will happen fast. O&G is waiting for FOMO bomb

Posted by JoshuaMS7 > 2021-07-31 15:07 | Report Abuse

what is FOMO?

Posted by AnakSoleh00 > 2021-08-01 20:49 | Report Abuse

Surely boleh naik ni...

Posted by chancheeming > 2021-08-02 08:49 | Report Abuse

no more new projects ?

Posted by UlarSawa > 2021-08-02 10:26 | Report Abuse

got lah. 1 qtr announce 1 time. Very not transparent one. All the projects small small only. need to consolidate it and announce in 1 time baru look big figures in billion. Mana boleh ini macam announce lah. Must announce once get the contract mah. Still use the old King Shahril method kah. Correct?


chancheeming no more new projects ?
02/08/2021 8:49 AM

Posted by BursaMaster121212 > 2021-08-02 12:03 | Report Abuse

thinking to buy at so cheap price

Posted by JoshuaMS7 > 2021-08-02 13:16 | Report Abuse

but politic and covid cases seems getting serious and share price sure will drop more~

Posted by strattegist > 2021-08-02 13:52 |

Post removed.Why?

Posted by cashflow > 2021-08-02 15:33 | Report Abuse

Maybank put Sell target 0.10, they want to collect big cheaper before push. HODL

Posted by JoshuaMS7 > 2021-08-02 21:02 | Report Abuse

Don't think worth only 0.100 with 75 usd oil price... at least 0.115 ad above even politic uncertainty!

Posted by ruhaizat69 > 2021-08-03 07:45 | Report Abuse

TP1.20 after consolidation

Posted by Jack Khan > 2021-08-03 08:02 | Report Abuse

so many dreamer!

Posted by TuaTuaLiap > 2021-08-03 09:30 | Report Abuse

how like that guys?

Posted by DickyMe > 2021-08-03 09:40 |

Post removed.Why?

Posted by Jonathan Keung > 2021-08-03 11:09 | Report Abuse

Relied on Petronas contracts {recent management changes in Petronas } will hit sapnrg

Posted by DickyMe > 2021-08-03 11:12 | Report Abuse

Tukar management pun x guna.

Bangsat lama di tukar dengan bangsat lain, itu jer.

Posted by Plantermen > 2021-08-03 12:33 | Report Abuse

Tough for anyone to carried $10 billion debts. Interest alone kills you

Posted by MatDangz > 2021-08-03 14:47 | Report Abuse

even big jerun in the company can do nothing. ayoyo ayoyo

Posted by JoshuaMS7 > 2021-08-03 15:05 | Report Abuse

grab some 0.115 today, yummy~ q so long times now only can eat hehe

Posted by MatDangz > 2021-08-03 16:34 | Report Abuse

waiting at 0.1. klu ad rezki...adelah for avg down. Ha3

Posted by Nikmon > 2021-08-03 16:56 | Report Abuse

Buy so little??



Posted by JoshuaMS7 > Aug 3, 2021 3:05 PM | Report Abuse

grab some 0.115 today, yummy~ q so long times now only can eat hehe