Posted by Mabel > 2022-03-23 10:23 | Report Abuse

#Godofgambler In reality no one want Sapura to sink.
You think everyone wants to see Titanic Ship to sink?
Only those heart rotten will want to see this disaster to happen.
23/03/2022 10:03 AM

Meow bro!

Posted by JoshuaMS7 > 2022-03-23 10:34 | Report Abuse

Is on the way to bankruptcy soon since its ceo taking the tough decision now?

Posted by kong73 > 2022-03-23 10:46 | Report Abuse

Jangan khuatir - PNB will do the right thing

Posted by Icon 888 > 2022-03-23 10:49 | Report Abuse

Najid vs rafizi
Bn vs ph

Posted by UlarSawa > 2022-03-23 10:51 | Report Abuse

Now the ball is at PNB side. why kick the ball to petronas. Making petronas in hot soup to bailout out Sapnrg. Petronas ada more important role to play. To fund gorment of the day with higher dividend payout to spend on more important matters. Correct?

Posted by kong73 > 2022-03-23 10:54 | Report Abuse

Sapura oil exploration asset is very valuable if it falls into foreign hands

Posted by UlarSawa > 2022-03-23 10:54 | Report Abuse

Gorment budget deficit every year also need Petronas to pay higher dividend leh. Better pay to gorment and spend on rakyat leh. This one ular sapot rafizi lah. Sapnrg leave it to PNB sendiri to settle it lah. Bukan PNB takda capability to save Sapnrg from gulung tikar lah. Correct?

Posted by sunsetbiz > 2022-03-23 11:00 | Report Abuse

just a black hole....malaysia will keep dropping is keep pumping money to save all this company.

Posted by Semongko > 2022-03-23 11:40 | Report Abuse

Bagi sapnrg gulung tikar lagi bagus..habis cerita..lepastu tukar nama..use same
modus operandi…feed again the elites…sampai la abang Jamil mampus!!! ingat rakyat marharn ini takntau ke game orang bangsawan ni. Doubt tss will save this co. dia sudah kaya, apa lagi dia mau

Posted by strattegist > 2022-03-23 11:41 | Report Abuse

3.0 sen

Posted by am2014 > 2022-03-23 11:58 | Report Abuse

kau nk gulung tikar ke, nak mampus ke aku tak kisah, yg penting bg naik dulu share ni, aku nk duit aku balik... haha

Posted by Mat Trader > 2022-03-23 12:27 | Report Abuse

https://www.bharian.com.my/bisnes/korporat/2022/03/937543/sapuraomv-dapat-kontrak-pengeluaran-blok-sb412

Posted by Mabel > 2022-03-23 12:30 | Report Abuse

#kong73 Sapura oil exploration asset is very valuable if it falls into foreign hands
23/03/2022 10:54 AM

Yes Kong73..

With this restructuring, Sapura Energy’s debt will be reduced from RM10.6bil to RM2.65 bil. Despite this massive haircuts, the company’s gearing ratio from 42x to 1.08x. This figure is actually quite close to other Mabel Energy Battleships peers.

Meow

Posted by kong73 > 2022-03-23 13:05 | Report Abuse

Nice

Posted by Faiza > 2022-03-23 13:33 | Report Abuse

dont worry, bossku and JLow will takeover

Posted by strattegist > 2022-03-23 13:43 |

Post removed.Why?

Posted by Godofgambler > 2022-03-23 14:40 | Report Abuse

KUALA LUMPUR (March 23): Petroliam Nasional Bhd (Petronas) has signed production sharing contracts (PSCs) for five offshore exploration blocks, which would attract a capital commitment of about RM600 million in exploration activities in Malaysia.

In a statement on Wednesday (March 23), the national oil company said the blocks comprise SB412, 2W and X located off the coast of Sabah, and SK439/SK440 located off the coast of Sarawak.

Block SB412 in Sabah was signed between Petronas, PTTEP HK Offshore Ltd and SapuraOMV Upstream (M) Sdn Bhd, while the PSCs for ultra-deepwater Blocks 2W and X were signed between Petronas, Sabah Shell Petroleum Company Ltd (SSPC), Shell Sabah Selatan Sdn Bhd (SSS) and Petronas Carigali Sdn Bhd (PCSB).

Posted by Nikmon > 2022-03-23 15:14 | Report Abuse

if Gov as guarantor to loan money to Sapura so that it can recover and protect the oil asset fall in to foreigner cheaply and avoid mass retrenchment. yeah i guess this is a common strategy adopt by western as well cause the downfall of SE is partially caused by disaster pandemic. Gov didn't lose any money, Creditor can recover portion of the loan, no retrenchment and oil asset still remain under SE.

the problem i guess is now majority don't trust the SE will recover under AT leadership even with the support form gov. if you believe AT can rebuilt the company SE, i guess everyone will agree that Gov to grant loan for SE.

Posted by Nikmon > 2022-03-23 15:15 | Report Abuse

so is like are you willing to give a chance to AT and SE, or you think they deserve to bankruptcy.

Posted by VinceK > 2022-03-23 15:22 | Report Abuse

SE rugi billions .. but CEO gaji /perks over RM 70 Mil per annum ... Nice !!
Thats how GLC works and crumbles .. and then bailouts.
Yes .. Save SE for the assets and potential BUT SACK and BLACK LIST the current management !!

Posted by Nikmon > 2022-03-23 15:28 | Report Abuse

haha, this why the ex-CEO who received 100 million per annum was kick out mah. and the previous regime has already move out one by one.

but the ex-CEO still holding 14% of share, so save SE he will still benefit even he is no longer in current management.

this will be the ugly true, for ex-CEO he will still enjoy his luxury life regardless SE situation. Gov not saving the SE, ex-CEO is still billionaire, Gov save SE, ex-CEO is still billionaire. not much impact.

the one who suffer are sub-contractor, worker if the Gov didn't bail out SE......

Posted by Nikmon > 2022-03-23 15:37 | Report Abuse

i don't like 1mdb, but somehow he really good in gaining attention and 'buy' vote without using money.

if you are one of the contractor or sub-contractor of Sapura, you will found he really care about us and help us who impact by pandemic. Sapura has around 5k staff + 5k staff from vendor, and family member. this will help him to get more vote leh.

on other side, people who impact by Sapura will hate PKR who dump them and show no mercy to them.

Posted by Tobby > 2022-03-23 15:39 | Report Abuse

Petronas would do better fit to savage Saprng! If it's profitable venture, then why not! PNB has zero expertise!
I mean, at current oil price, it's no brainer really! Save Saprng, save PNB, save creditors, save those workers! In the end, make money from rubbish!

Posted by Tobby > 2022-03-23 15:41 | Report Abuse

If oil price is at usd25, yeah, it's totally not worth it! But at above usd100 which will stay for the next 2 years or so, while many domain rigs slowly been activated, it's an opportunity!

Posted by am2014 > 2022-03-23 16:08 | Report Abuse

cut cost - potong gaji semua mgmt...

Posted by Armanhashim > 2022-03-23 16:23 | Report Abuse

I want to apply for job here …will become petronas subsidiary soon .. can work in Formula 1 later with lewis hamilton ..

Posted by JoshuaMS7 > 2022-03-23 16:48 | Report Abuse

Finally broke 0.030 and towards 0.025! Really low and strong believe going to PN17 until bankruptcy and delisted soon! :(

Posted by kyliew > 2022-03-23 17:10 | Report Abuse

Which local bank pull the plug causing others also pull handbrake? Cari dia sampai dapat...... Haha

Posted by izoklse > 2022-03-23 17:53 |

Post removed.Why?

Posted by jklkk911 > 2022-03-23 17:54 | Report Abuse

Anyone knows what the valuation is like for SapuraOMV?

Posted by i3lurker > 2022-03-23 18:39 | Report Abuse

NTA 2 sen months ago

today punya NTA most likely negative

Posted by Icon 888 > 2022-03-23 18:58 | Report Abuse

Seem rafizi lagi kuat

Posted by Godofgambler > 2022-03-23 19:02 | Report Abuse

Hidup Bossku..
Kata yang baik!
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2022/03/23/rafizi-tak-mampu-nampak-big-picture-mengenai-sapura-kata-najib/

Posted by Godofgambler > 2022-03-23 19:02 | Report Abuse

https://www.freemalaysiatoday.com/category/bahasa/tempatan/2022/03/23/rafizi-tak-mampu-nampak-big-picture-mengenai-sapura-kata-najib/

Posted by skyu > 2022-03-23 19:08 | Report Abuse

habis

Posted by i3lurker > 2022-03-23 19:16 | Report Abuse

actually high salaries made Sapura bankrupt
but someone says must save the company so that the CEO can continue to get RM72 million per year gaji
kakakakakakakakakaka

Posted by ipohwhitecoffee > 2022-03-23 21:58 | Report Abuse

Sakura. Better just consolidation. Or delist like Sumatec.

Posted by izoklse > 2022-03-23 22:36 |

Post removed.Why?

Posted by UlarSawa > 2022-03-23 22:41 | Report Abuse

Sapnrg jadi ini macam bukan King Shahril salary leh. His salary baru in hundred mil but sapnrg debt in billions leh. Why you jelas he made so much during sapnrg at peak earning billion for the company mah. Cannot blame King Shahril leh. Even Genting boss also made hundred of million leh. Why you didnt scold the boss make Genting HK insolvent leh. You very bias only attack King Shahril leh. King Shahril pun ada muntah balik when subscribed RI pumped in few hundred millions to rescue Sapnrg leh. After that he ada lagi bought more saham also lah. You all very bad leh. Keep used the high salary issue and talked for many years leh. Correct?


i3lurker

actually high salaries made Sapura bankrupt
but someone says must save the company so that the CEO can continue to get RM72 million per year gaji
kakakakakakakakakaka

3 hours ago

Posted by Wong Kah Wei > 2022-03-24 00:39 | Report Abuse

Dah koyak buang dalam tong sampah ja,syarikat rugi ular sawa shahril pun tak malu ambil gaji mahal...

Posted by Icon 888 > 2022-03-24 02:06 | Report Abuse

Oil 150 Boleh ke??

Posted by izoklse > 2022-03-24 02:15 |

Post removed.Why?

Posted by izoklse > 2022-03-24 02:16 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-24 06:35 |

Post removed.Why?

Posted by bullmarket1628 > 2022-03-24 07:00 | Report Abuse

Oil jumps 5% as Caspian pipeline disruption adds to supply fears
By David Gaffen
March 24, 20223:17 AM GMT+8
Last Updated 4 hours ago. Energy

https://www.reuters.com/business/energy/oil-prices-resume-climb-after-us-stockpiles-drop-tight-market-2022-03-23/

NEW YORK, March 23 (Reuters) - Oil prices jumped 5% to over $121 a barrel on Wednesday as disruptions to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC) pipeline added to worries over tight global supplies.
The situation adds to market worries about the ripple effect of heavy sanctions on Russia, the world's second-largest crude exporter, after its invasion of Ukraine.
The CPC pipeline is a significant supply line for global markets, carrying around 1.2 million barrels per day of Kazakhstan's main crude grade, or 1.2% of global demand.

Brent crude futures settled up $6.12, or 5.3%, to $121.60, while U.S. West Texas Intermediate (WTI) crude futures rose $5.66, or 5.2%, to $114.93 a barrel.
Oil benchmarks have been steadily rallying since Russia invaded Ukraine a month ago in what it calls a "special operation" and United States and its allies slapped heavy sanctions on that nation, disrupting worldwide oil trade.
Russia exports between 4 million and 5 million barrels of crude every day, making it the world's second-largest exporter behind Saudi Arabia. Analysts have varying estimates of how much oil will be unable to make it to market.

Posted by strattegist > 2022-03-24 09:40 | Report Abuse

nguit nguit je

Posted by Godofgambler > 2022-03-24 13:00 | Report Abuse

I very disappointed with Harapan...
All the facts have been listed by Bossku...
Facts is facts... I think BN is better in handling Sapura case.

Posted by Godofgambler > 2022-03-24 13:02 | Report Abuse

During Harapan days.. Not much new projects coming in..

Posted by UlarSawa > 2022-03-24 14:01 | Report Abuse

Even close shop pun need to take 3 years lah. Wait lah see Bossku can convinced the Gorment of the day to accept his proposal or not lah. Everyone at here with high hope Bossku can help them leh. Correct?

Huatexpert

Sell assets , pay debt and close shop...
The more businesses and contracts it get, more money lost , lousy company.
Which bank want to lend more money to Sapura with so high risk at bankruptcy, so much debt with no profit... Close shop or delisted is just matter of time, as early as end 2022.

1 minute ago

Posted by UlarSawa > 2022-03-24 14:03 | Report Abuse

During PH time Gorment cost cutting to save money and pay debt leh. Budget deficit punya pasal. Where got so much money can suka suka spend like BN time leh. Correct?


Godofgambler

During Harapan days.. Not much new projects coming in..

59 minutes ago