Posted by cashflow > 2022-02-09 20:29 | Report Abuse

Let’s see how the sharks unfold. Many think price goes down, but it could move upwards to kill shorties on warrants

Posted by E657638429 > 2022-02-10 08:26 | Report Abuse

Anticipated Q4 to be massive loss. Ambank 3cent is not unfounded based on latest termination of contract. If you think it is worth 5cent or more now, please quickly buy before the offer ends. Tigers who bought at 5.5cent must be regretting despite the negative news.

Posted by amirsyam > 2022-02-10 08:33 | Report Abuse

waiting 29 Jun 22 for 1 Quarter of 2023. as promise by Sapura CEO to bring Green/profit back to the Income Statement.

Posted by E657638429 > 2022-02-10 08:50 | Report Abuse

The immediate problem now is the 10B debt and cash flow. Businessmen will know how so important is cash flow. PN17 is on the horizon.

Posted by E657638429 > 2022-02-10 08:55 | Report Abuse

Sapura CEO has promised big things mentioned in last AGM but until today still the same. If you attended the AGM and paid attention to his reply then you will what it is.

Posted by Understand > 2022-02-10 09:48 | Report Abuse

Nahh, Ambank make highest buy call on the last year analys where others making hold call and those who jump into it may have been regretting now. And now they are making lowest sell call.seriouslly Funny.

Posted by Nikmon > 2022-02-10 13:08 | Report Abuse

Haha, ambank analyst is on the extreme side.....

Yeah, expect another of loss quarter, the turn over I guess only happen in next Q.

Yunlin project are in deep shit probably worst than Sapura, they are still pending regulatory approval on extension and structure change so terminate maybe a good move....there are 11 turbine been setup since last year, but till today only 1 turbine start function....yulin side got deep shit problem...

Posted by strattegist > 2022-02-10 14:04 | Report Abuse

muted interest

Posted by koyokui > 2022-02-11 09:12 | Report Abuse

Buy oil trend up back will test 100 per barrel. About 98 per barrel

Posted by cashflow > 2022-02-11 09:33 | Report Abuse

Oil is going to trade above $100, and Putin deliberately needs cash from his Gas and Oil sale.

Posted by Team01 > 2022-02-11 16:40 | Report Abuse

Sapura Going under soon because of EX Botak CEO

Posted by Michael R. > 2022-02-11 17:14 | Report Abuse

How low it can go?

-------

While the group’s short-term debt of RM7bil will be reclassified back to long-term debt after receiving the banks’ waiver from a breach of covenant terms for RM10bil debt, this issue could persist over the next few quarters as Sapura is expected to register negative EBITDA for the next 2 years.

Posted by Michael R. > 2022-02-11 17:29 | Report Abuse

I keen to see this for a reversal anytime...

Posted by Team01 > 2022-02-11 17:46 | Report Abuse

I can’t wait to see it go under then EX Botak CEO who has the most shares will know what he has done

Posted by Nikmon > 2022-02-11 21:16 | Report Abuse

PNB got 40% but sapura brother have only 15% share......sapura brother won't feel the pain...

Posted by bullmarket1628 > 2022-02-12 08:37 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-12 10:11 | Report Abuse

Oil price soars 3% to 7-yr highs on Ukraine jitters, tight supplies
Saturday, 12 Feb 2022 6:40 AM MYT

https://www.thestar.com.my/business/business-news/2022/02/12/oil-price-soars-3-to-7-yr-highs-on-ukraine-jitters-tight-supplies

NEW YORK: Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies.
Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all U.S. citizens to leave the country within 48 hours.

Britain also advised its nationals to leave Ukraine as Prime Minister Boris Johnson impressed the need for NATO allies to make it absolutely clear that there will be a heavy package of economic sanctions ready to go, should Russia invade Ukraine.
Brent crude futures settled US$3.03, or 3.3%, higher at $94.44 a barrel, while U.S. West Texas Intermediate crude rose $3.22, or 3.6%, to $93.10 a barrel.

Both benchmarks touched their highest since late 2014, surpassing the record highs hit on Monday, and posted their eighth consecutive week of gains on growing concerns about global supplies as demand recovers from the coronavirus pandemic.
Trading volumes spiked in the last hour of trading, with volumes for global benchmark Brent climbing to their highest in more than two months.
"The market doesn't want to be short going into the weekend... if an invasion appears to be imminent and you know that there will be retaliatory sanction that will result in a disruption in natural gas and oil supplies," Andrew Lipow, president of Lipow Oil Associates in Houston.
The International Energy Agency raised its 2022 demand forecast and expects global demand to expand by 3.2 million barrels per day (bpd) this year, reaching an all-time record 100.6 million bpd.
The energy watchdog's report follows the Organization of the Petroleum Exporting Countries' warning earlier this week that world oil demand might rise even more steeply this year on a strong post-pandemic economic recovery.
The IEA added that Saudi Arabia and the United Arab Emirates could help to calm volatile oil markets if they pumped more crude, adding that the OPEC+ alliance produced 900,000 bpd below target in January.
The two OPEC producers have the most spare production capacity and could help to relieve dwindling global oil inventories that have been among factors pushing prices towards $100 a barrel, deepening inflation worldwide.
The Biden administration responded to high prices by again stating this week that it has been talking with large producers about more output, as well as the possibility of additional strategic releases from large consumers, as it did late last year.
Indirect U.S.-Iran nuclear talks resumed this week after a 10-day break. A deal could see the lifting of sanctions on Iranian oil and ease supply tightness.
In the United States, drillers added the most oil rigs in a week in four years, with the rig count, an indicator of future production, rising 19 to 516, its highest since April 2020, energy services firm Baker Hughes Co said.- Reuters

Posted by freddiehero > 2022-02-12 10:20 | Report Abuse

sapu sapu ula la..

Posted by Nikmon > 2022-02-12 14:07 | Report Abuse

MHB reported loss in last Q....sapura will follow, I guess majority of the oil service player will report loss cause skew by Petronas...cause petronas is sucking by gov in the name of covid aid..

Posted by Godofgambler > 2022-02-12 20:53 | Report Abuse

Goreng soon

Posted by Godofgambler > 2022-02-13 00:24 | Report Abuse

When war starts..
Oil will rockets

Posted by NatsukoMishima > 2022-02-13 09:47 | Report Abuse

Oil n gas company will have robust earnings in the future just like invest in crypto currency Bitcoin !

Posted by NatsukoMishima > 2022-02-13 09:52 | Report Abuse

Elon musks will invest in oil n gas sector !

Posted by E657638429 > 2022-02-13 10:07 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/02/12/dwindling-interest-of-retail-investors-in-bursa

Posted by E657638429 > 2022-02-13 10:13 | Report Abuse

Many retailers got burned ... even Sapura Millionaires Club also closed shop.

Posted by Understand > 2022-02-13 10:30 | Report Abuse

Stop believing in analyst.Just ride along the shark. I guest you have been the Ambank believer.

Posted by E657638429 > 2022-02-13 12:40 | Report Abuse

Sharks parking at 0.045 and below. Sharks also dumping at 0.05. I am offloading some and re-queue below 0.045. I believe it will go below 0.045 once negative results come out end March.

Posted by Understand > 2022-02-13 14:17 | Report Abuse

Just wait. No rush, it will adjust to its fair value once it turns black.

Posted by koyokui > 2022-02-14 09:35 | Report Abuse

Oil might hit 98 per barrel. Many resistant break already

Posted by Jessgoh > 2022-02-14 10:37 | Report Abuse

just be careful those always give buy call to trap ppl for long term....repeated with beautiful story but end up reality is cruel.

Posted by JoshuaMS7 > 2022-02-14 10:42 | Report Abuse

walao oil price 95 usd but sapura still 0.045 ... :(

Posted by citadel888 > 2022-02-14 10:43 | Report Abuse

byebye sapura

Posted by drkelvin20 > 2022-02-14 13:08 | Report Abuse

https://www.reuters.com/business/energy/oil-prices-clamber-towards-7-year-highs-russia-ukraine-tensions-2022-02-14/

Oil prices jump more than 1% to 7-year highs on supply jitters

Posted by drkelvin20 > 2022-02-14 13:13 | Report Abuse

And Sapura still 4.5-5 sen, lower and lower...one of worst O&G counters in Bursa...

What is the STAR MANAGEMENT doing??? Are they competent?
After almost a year of taking over the ship, having replaced old one with new faces, and losses after another huge losses, and share price at lowest...

And the STAR Management were very quiet on remedy plan etc...
So much disappointing having invested in this counter...

Posted by rtusha > 2022-02-14 16:36 | Report Abuse

rubbish..

Posted by fluffyclouds > 2022-02-14 17:07 | Report Abuse

It wont be long before they have restructured and are turning a profit in this current environment.

Posted by Godofgambler > 2022-02-14 18:12 | Report Abuse

https://www.sinchew.com.my/20220214/%E6%B2%B9%E4%BB%B7%E8%A1%9D%E7%A0%B495%E7%BE%8E%E5%85%83-%E8%83%BD%E6%BA%90%E8%82%A1%E6%B0%94%E5%8A%BF%E5%A6%82%E8%99%B9/

Posted by didi7349 > 2022-02-14 19:44 | Report Abuse

Winding up petition against wholely owned subsidiary.......pn17 coming....

Posted by Jessgoh > 2022-02-14 20:32 | Report Abuse

Oredi way to holland

Posted by Nikmon > 2022-02-14 21:56 | Report Abuse

100k also cant pay? Cant pay or don't want to pay those crony?

Posted by Nikmon > 2022-02-14 21:59 | Report Abuse

New star management is playing fire for the best interest of the group.

Posted by Nikmon > 2022-02-14 22:03 | Report Abuse

It is not fair that SE bully by operator not paying the covid cost, than vendor also don't want to absorb the covid cost. Go down together....haha

Posted by Somsak007 > 2022-02-14 22:27 | Report Abuse

Ayoyo what happen lah? Very malu ... how to shoot up?

Posted by Faizal35 > 2022-02-14 23:47 | Report Abuse

Sapu saja la

Posted by bullmarket1628 > 2022-02-15 06:48 |

Post removed.Why?

Posted by amirsyam > 2022-02-15 08:27 | Report Abuse

i hope not limit down today... if in good deed mgt wants to reduce ops & administrative cost & lure some profit. then its good for long term.

Posted by Invesbler > 2022-02-15 08:42 | Report Abuse

Very quiet but they hired ex ceo of MMHE into their management team. I think they are preparing for something.

https://www.sapuraenergy.com/director/dominique-de-soras/

Posted by Somsak007 > 2022-02-15 08:44 | Report Abuse

Limit down sapu la ... Pak Somsak waiting today. EU gas energy now green energy and oil skrg $96 hehehe

Posted by Somsak007 > 2022-02-15 09:15 | Report Abuse

Beli sikit 0.045 skrg sell q at 0.050 ... hehehe. Ada q at 0.04 ... susah sikit

Posted by drkelvin20 > 2022-02-15 09:22 | Report Abuse

New lineup, most XX Chief Officers on board...one after another, and Financial Report in past, one after another losses, bigger and bigger shocks waiting, despite high oil price...Keep making losses out of impairments, COVID incurred losses, foreseeable losses...all types of losses...

I wonder all STAR Line UPs makan berapa Gaji? Someone attending their AGM can question the management on poor performance over quarters by quarters and keep hiring new X Chief Officers.

HO much they pay them?

And most importantly, where is accountability having presenting losses QR after another one....

One of worst O&G counter in BUrsa...

Oil price staying high, and this counter staying at lowest low...All investors investment are depreciating with lowest share price...

DIclaimer: Own sharing, own opinion, not a buy call or sell call.