Posted by Godofgambler > 2022-03-21 13:03 | Report Abuse

If Petronas take over
Rm5.00 possible

Posted by Godofgambler > 2022-03-21 13:04 | Report Abuse

Coming elections pls note BN for sapura brighter future.

Posted by strattegist > 2022-03-21 14:07 | Report Abuse

nguit nguit je

Posted by Michael R. > 2022-03-21 14:15 | Report Abuse

Pls be rational.. all directions are possible.. but don't forget the risk of being delisted...

SUMATEC verdict today news. https://www.theedgemarkets.com/article/sumatec-be-delisted-bursa-malaysias-main-market-thursday

Posted by amirsyam1001 > 2022-03-21 14:28 | Report Abuse

from financial statement. what I can see the free cash flow is rm 250 million +ve. Loses after took out impairment and depreciation is only rm - 1 billion. why they fabricate their accounting statement to have too mush loses.

Posted by UlarSawa > 2022-03-21 14:37 | Report Abuse

Once a King always a King. King Shahril is Sapnrg King leh. Even disposed King Shahril retired still with the gelaran King Shahril leh. Sapnrg is associated with King Shahril. without King Shahril Spanrg in no longer Sapnrg leh. Thats what happen now without King Shahril at helm leh. Sapnrg kenot without King Shahril leh. Correct?


kyliew

From RM4.50 until RM0.25 before AT tenure, u still called him "King"?

2 hours ago

Posted by UlarSawa > 2022-03-21 14:42 | Report Abuse

Without King Shahril Sapnrg dont have the past glory leh. This was a fact mah. History pun ads tulis leh. Hidup King Shahril. Sapnrg kenot without King Shahril. Without King Shahril harga 25 to 4 sen. nta 2 sen only leh. Correct?

Posted by Nikmon > 2022-03-21 16:17 | Report Abuse

Indeed, ular beloved king shahril is super famous in the industry globally...haha


"I really feel for Datuk Anuar. He inherited a horrible mess from his overpaid predecessor, the egotistical Tan Sri Shahril Shamsuddin, who headed the company from July 2004 until his spectacular fall from grace in 2021"

Posted by Michael R. > 2022-03-21 16:43 | Report Abuse

If AA can get debt cleared out.. like for free...

Why not SAP SAP given?

Posted by Legend > 2022-03-21 17:29 | Report Abuse

KUALA LUMPUR: Sapura Energy Bhd yang mencatatkan kerugian bersih luar biasa RM8.9 bilion bagi tahun kewangan berakhir 31 Januari 2022 dijangka mengalami kerugian lebih besar bagi tahun kewangan semasa.

Syarikat itu dilaporkan sedang mengalami tekanan kecairan, apabila paras hutang dan pembayaran tertunggak terlampau tinggi, ditambah dengan kesukarannya mendapatkan kemudahan kredit, demikian menurut penganalisis.

Penganalisis RHB Investment Bank Bhd, Sean Lim, berkata Sapura Energy dijangka berdepan dengan unjuran kewangan masa hadapan yang sangat mencabar.

Beliau berkata, kegagalan menepati perjanjian kewangan tertentu, menyebabkan jumlah pinjaman RM10.7 bilion syarikat itu akan kekal sebagai liabiliti semasa.

Katanya, mengikut permohonan cadangan skim pengaturan (SOA) dan Perintah Penyekatan daripada Mahkamah Tinggi, Sapura Energy perlu memuktaman dan melaksanakan SOA yang dicadangkan serta mencari sumber pembiayaan baharu.

"Sapura Energy berkemungkinan diklasifikasikan sebagai syarikat Nota Amalan 17 (PN17)," katanya.

Lim berkata, buat masa ini, tempahan kontrak dalam tangan yang dimiliki oleh Sapura Energy adalah berjumlah RM6.6 bilion.

"Kami percaya Sapura Energy akan mendapati adalah sesuatu yang sangat mencabar untuk menambah kontrak daripada tender RM28 bilion sedia ada.

"Namun, berdasarkan keadaan kewangan semasanya, segmen penggerudian dijangka memberikan aliran tunai yang stabil, dengan jangkaan sembilan pelantar beroperasi," katanya.

Sapura Energy sebelum ini memaklumkan bahawa tiga lagi anak syarikatnya diserahkan petisyen pembubaran pada 7 dan 9 Mac lalu disebabkan tidak dapat menyelesaikan sejumlah pembayaran tertunggak.

Sapura Fabrication Sdn Bhd (SFSB) diberikan petisyen pembubaran yang dikeluarkan oleh Posh Subsea Pte Ltd, berikutan kegagalan syarikat itu mengikut pelan pembayaran sebanyak AS$3.99 juta (RM16.76 juta) ditambah faedah.

Sapura Offshore Sdn Bhd (SOSB) diserahkan dengan petisyen oleh Lincoln Energy Sdn Bhd berikutan tidak membayar invois sebanyak RM150,150 yang didakwa terhutang di bawah kontrak untuk peruntukan barang yang dijual dan dihantar.

Sementara itu, Sapura Project Services Sdn Bhd (SPSSB) diserahkan petisyen pembubaran oleh Danamin (M) Sdn Bhd untuk RM4.24 juta di bawah kontrak pembinaan bagi peruntukan kerja mekanikal.

Permodalan Nasional Bhd (PNB) yang juga pemegang saham utama Sapura Energy baru-baru ini menegaskan kepada semua pemegang unitnya, bahawa situasi di syarikat itu hanya memberi kesan minimum ke atas portfolionya.

Jelas dana pelaburan itu, pada harga pasaran semasa, pendedahan PNB dalam syarikat minyak dan gas terbabit adalah kurang satu peratus daripada aset di bawah pengurusannya (AUM).

Sementara itu, PublicInvestment Research menurunkan saranannya terhadap saham Sapura Energy kepada 'jual' dengan harga sasaran tiga sen, berbanding lima sen sebelumnya, berikutan keadaan yang amat tidak menentu dari segi kedudukan kewangannya.

"Kebimbangan terhadap kecairan masih lagi ada, sekali gus menjejaskan usaha pemulihan sambil mengehadkan prospek pertumbuhannya. Ini juga akan menjejaskan pelaksanaan projek tertentu disebabkan kurangnya sokongan daripada pembekal disebabkan oleh jumlah yang masih tertunggak.

"Kumpulan sedang berunding dengan vendor berhubung pembayaran tertunggak dan penyedia pinjaman menerusi kemudahan sedia ada atau baharu, di bawah SOA," katanya.

Posted by Godofgambler > 2022-03-21 18:14 | Report Abuse

Hidup Bossku!
Let Petronas take over Sapura!!

Posted by Nikmon > 2022-03-21 18:20 | Report Abuse

Sell the lumit yard to petronas, than focus on gas and windfarm, this will allow them to get cheap bond and attract more foreign investor.

Posted by strattegist > 2022-03-21 18:41 | Report Abuse

3.5 sen

Posted by Mabel > 2022-03-21 19:11 | Report Abuse

Haha today Mabel collects more Sapnrg ...

This Lumut yard had been shut down about five times. All in all, including the first MCO (March 2020), it was roughly around 5½ months [of shutdown] in total. The last reopening, we could only operate at 60% [capacity]. With Petronas taking over this facilities can perhaps be used to serve other O&G Companies. With prevailing High Brent prices, Petronas should have the capital to acquire this facility...

To Our Success

Mabel Ewing Meow

Posted by Godofgambler > 2022-03-21 19:47 | Report Abuse

Hidup bossku kesayanganku!

Posted by SJSOON > 2022-03-21 19:52 | Report Abuse

Syarikat Sampah

Posted by kyliew > 2022-03-21 20:02 | Report Abuse

Bossku kali kedua

Posted by kyliew > 2022-03-21 20:03 | Report Abuse

Bersuara*

Posted by Godofgambler > 2022-03-21 20:53 | Report Abuse

Petronas take over..
Rm5.00 tuju ke langit

Posted by DannyArcher > 2022-03-21 22:36 | Report Abuse

all those stuck at condo level now hope Petronas can come in and bailout. even if petronas do, it wont be above market price. if petronas do buy over, they have to assume the debt too, which is crazy huge. the best course of action is to simply let it close shop.

sorry, truth hurts, their debt is so crazy high, impossible to save already.

Posted by huathuat83 > 2022-03-21 23:08 | Report Abuse

Going to PN17 then delisted. Like sumatec

Posted by Godofgambler > 2022-03-21 23:44 | Report Abuse

You think PNB will let it close?
Most of the companies have this issue during covid era.
Is nothing to surprise about.
Many companies apply for relief fund and same goes to Sapura.
Sapura need relief fund and bossku help to pull through.

Posted by i3lurker > 2022-03-22 00:10 | Report Abuse

once 1 winding up starts
it will snow ball bigger and bigger
already got a handful of winding up orders
Reason for the rescue stated by politician is purely to save those people's high salaries. Thats weird right?
actually reason for bankruptcy are those high salaries never reduced during bankruptcy in the first place.

Posted by bullmarket1628 > 2022-03-22 06:52 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-22 07:13 | Report Abuse

Oil Prices Jump As European Countries Consider Banning Russian Crude
By Tsvetana Paraskova - Mar 21, 2022, 9:00 AM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Prices-Jump-As-European-Countries-Consider-Banning-Russian-Crude.amp.html

Oil prices rallied early on Monday amid EU consultations about potentially joining the U.S. in banning imports of Russian oil.
As of 7:45 a.m. ET on Monday, WTI Crude was up 3.87% at $108.91 and Brent Crude was trading up 3.93% at $112.30. 

Posted by JoshuaMS7 > 2022-03-22 07:52 | Report Abuse

yaya should be bankruptcy for this company in this time, their debt too much and unable to pay. I rather put my money to other place.

Posted by freddiehero > 2022-03-22 07:55 | Report Abuse

tats y a name KFC born out ma..

Posted by 21spade > 2022-03-22 07:56 | Report Abuse

I speculate they might declare bankruptcy, close shop then open back under new company name. This method quite popular in Malaysia

Posted by freddiehero > 2022-03-22 07:56 | Report Abuse

only consol for BBQ time... gogogo

Posted by UlarSawa > 2022-03-22 08:45 | Report Abuse

Very simple only. Just follow PM new law pay them minimum rm1.5k per month lah. Then can Sapnrg can survive lah. Boleh?


i3lurker

once 1 winding up starts
it will snow ball bigger and bigger
already got a handful of winding up orders
Reason for the rescue stated by politician is purely to save those people's high salaries. Thats weird right?
actually reason for bankruptcy are those high salaries never reduced during bankruptcy in the first place.

8 hours ago

Posted by UlarSawa > 2022-03-22 08:46 | Report Abuse

KFC when belum close shop leh. Mau closing shop not easy to get kfc leh. High risk to get kfc also leh. Correct?


freddiehero

tats y a name KFC born out ma..

49 minutes ago

Posted by Godofgambler > 2022-03-22 09:21 | Report Abuse

Lobster coming
Hidup bossku!!

Posted by Mabel > 2022-03-22 10:47 | Report Abuse

So Yummy...

If Tony from Mabel Airlines can do it so can Sapnrg...

Meow Meow Meow

Posted by Michael Kwok > 2022-03-22 10:51 | Report Abuse

Mabel the big meow.how are u.u still in sap.im long time out already.

Posted by UlarSawa > 2022-03-22 10:54 | Report Abuse

Tony is shareholder panlai sweet talk can convinced investors. Sapnrg CEO only makan gaji punya. Boleh sweet talk like Tony kah. Only King Shahril ada such capability to sweet talk like Tony. Correct?

Posted by strattegist > 2022-03-22 11:03 | Report Abuse

3.0 sen

Posted by Mabel > 2022-03-22 11:05 | Report Abuse

#UlarSawa Tony is shareholder panlai sweet talk can convinced investors. Sapnrg CEO only makan gaji punya. Boleh sweet talk like Tony kah. Only King Shahril ada such capability to sweet talk like Tony. Correct?

22/03/2022 10:54 AM

Haha Dragon nice to see you are back with new slang which is much better..

Remember, Tony Fernandes bought debt-ridden AirAsia for one Malaysian Ringgit, with a vision to make flying accessible for everyone. Fast forward 16 years, and the international, no-frills airline now flies over 56.6 million passengers to over 120 destinations.

Now everyone can fly

Meow

Posted by Mabel > 2022-03-22 11:06 | Report Abuse

#Michael Kwok Mabel the big meow.how are u.u still in sap.im long time out already.
22/03/2022 10:51 AM

Haha Michael,

Mabel left Sapnrg many moon ago..

Only back recently when the price is too yummy to refuse...

Fundamentally if we follow Warren Buffett Value Investing criteria, Sapnrg is totally completely out!

However this could be a potentially a turnaround story. A Multi baggers opportunity!. However the risk is very high with this company. Maybank TP is 3 sen.

Mabel usually put 15-20% of my capital to trade in this type of highly speculative counter. Please don't follow me. I have already make money from Plantation, Energy and Techs counters and came in when it is already at dirt cheap price. So for me this is for fun.

Invest wisely...

To Our Success!

Meow

Posted by DannyArcher > 2022-03-22 11:18 | Report Abuse

mabel... the best trader in bursa, better than soros. can always buy low and sell high. never lose money in serba, sapura, glove.... always managed to run before it drops... amazing.

Posted by Mabel > 2022-03-22 11:23 | Report Abuse

Haha Mabel has lots of good advisers...

To Our Success !

Meow

Posted by DannyArcher > 2022-03-22 11:31 | Report Abuse

even serba drop till like this can claim make money, and glove too... either you are really good in trading or good in lying....

Posted by freddiehero > 2022-03-22 11:36 | Report Abuse

haha.. 0.005 I wait u

Posted by freddiehero > 2022-03-22 11:37 | Report Abuse

my balance share still inside

Posted by SleepingForest > 2022-03-22 11:57 | Report Abuse

@Danny acher , this mabel and ular sawa in every counter and know it all .. usually the empty tin makes the loudest noise

Posted by UlarSawa > 2022-03-22 12:14 | Report Abuse

Haiyoh your Jackpot price sudah tukar to 0.005 kah. Correct?



freddiehero

haha.. 0.005 I wait u

36 minutes ago


freddiehero

my balance share still inside

35 minutes ago

Posted by UlarSawa > 2022-03-22 12:15 |

Post removed.Why?

Posted by UlarSawa > 2022-03-22 12:18 | Report Abuse

Tony Sweet Talker lah. One pandemic only make AA grounded with 8 Qtr loss making. If good mana ada like this lah. Not prepared for the worst baru jadi ini macam bad lah. It show when good time any company pun can make profit. Bad time is the time to differentiate the good from the bad leh. Correct?



Mabel

#UlarSawa Tony is shareholder panlai sweet talk can convinced investors. Sapnrg CEO only makan gaji punya. Boleh sweet talk like Tony kah. Only King Shahril ada such capability to sweet talk like Tony. Correct?

22/03/2022 10:54 AM

Haha Dragon nice to see you are back with new slang which is much better..

Remember, Tony Fernandes bought debt-ridden AirAsia for one Malaysian Ringgit, with a vision to make flying accessible for everyone. Fast forward 16 years, and the international, no-frills airline now flies over 56.6 million passengers to over 120 destinations.

Now everyone can fly

Meow

1 hour ago

Posted by Mabel > 2022-03-22 12:40 | Report Abuse

#DannyArcher even serba drop till like this can claim make money, and glove too... either you are really good in trading or good in lying....
22/03/2022 11:31 AM

Calm down Danny, don't listen to rumours. You want to see Mabel engagement in Serba and TG visit that Forum as Mabel seldom delete my comments. Very transparent mah..

Just focus on this counter, OK?

No body is making any buy call here..just discussing..

Meow

Posted by Mabel > 2022-03-22 12:41 | Report Abuse

UlarSawa Wei don associate Ular with Sister Mabel leh. nanti kena fitnah lagi we are couple leh. Correct?

SleepingForest

@Danny acher , this mabel and ular sawa in every counter and know it all .. usually the empty tin makes the loudest noise

16 minutes ago
22/03/2022 12:15 PM

Indeed Ularsawa..

No association at all

Mabel is just a cat...

Meow

Posted by Mabel > 2022-03-22 12:46 | Report Abuse

SleepingForest

Summary
Total comments 282
Past 30 days 2
Past 7 days 1
Today 1

Haha still sleeping ke?

Must be one of Mickey Mouse 3 Stooges..

Meow