Dulu sapnrg earn in billion so King Shahril draw high salary pasal he the largest shareholder sebelum PNB bailout lah. After bailout completed he macam pun takda draw so high salary lah. Correct?
Wong Kah Wei
Dah koyak buang dalam tong sampah ja,syarikat rugi ular sawa shahril pun tak malu ambil gaji mahal...
It’s Petronas fault also. Cornering service providers by not paying standby rates for COVID quarantine. Service provides had to swallow all these costs in tight market
If petronas ada help to cover some of the Covid cost then Petronas tak dapat earned rm48bil in last year. Petronas pun ada KPI to achieve leh. Petronas job is to provide the dividend to the gorment leh. Sometime Gorment also request Petronas to give special dividend one leh. Petronas has to be profitable baru can serve the Gorment well leh. Sapnrg is contractor only leh. Correct?
cashflow
It’s Petronas fault also. Cornering service providers by not paying standby rates for COVID quarantine. Service provides had to swallow all these costs in tight market
For those blaming local banks for not giving more loans to Sapura. Sapura doesn't just borrow from local banks, they also borrow a lot from foreign banks such as UOB, ING etc. Without foreign banks support, new loan by local banks will just be used to repay foreign banks. End up Sapura still no liquidity. That is why the negotiations took so long, the loan agreements are all intertwined and not easy to get all banks to agree.
As for Petronas, it cannot be seen as giving favoritism to Sapura. If Petronas really opens the floodgate, every single O&G contractors will also come to Petronas to claim standby fees. Even if Petronas really makes an offer to acquire Sapura, it will be at depressed valuation la, don't keep dreaming they will pay a lot of premium for your shares.
Sebenarnya, kerajaan tak perlu suntik satu sen pun ke dalam Sapura ataupun memberi jaminan kerajaan (yang tidak melibatkan bajet kerajaan) kepada Sapura sebagaimana Air Asia pernah ditawarkan. Ada pilihan lain. Pilihan yang jauh rendah risiko dan bakal jauh lebih menguntungkan kerajaan dan negara. Cadangan saya ialah Petronas mengambil alih Sapura dari PNB. Dengan ini juga, pelaburan anggaran RM4b ke RM5b PNB akan diselamatkan. (Kita selamatkan pelabur ASB yang juga Rakyat ye, bukan kroni) Petronas memang adalah antara customer terbesar Sapura. Petronas perlukan juga aset-aset, kepakaran dan perkhidmatan Sapura di Malaysia dan juga bagi projek-projek seluruh dunia mereka.
KUALA LUMPUR: Kerajaan perlu campur tangan dalam menyelesaikan kemelut melanda Sapura Energy Bhd, susulan banyak bayaran yang belum dilangsaikan kepada vendor di bawahnya, demikian menurut Majlis Perkhidmatan Minyak dan Gas Malaysia (MOGSC).
Sehubungan itu katanya, MOGSC sudi menawarkan diri untuk menjadi pemudahcara dalam membantu mencari jalan penyelesaian membabitkan Sapura Energy.
"Kita menawarkan diri untuk menjadi pemudahcara bagi membantu menyelesaikan masalah ini," katanya.
. Atok and gang wash hands ady and old government let PNB suffer.
Government already know that Saprng will be lost given the circumstance (with vendors and banks). Its not a matter of "if or when". Its a fact.
Since the current government has the will for Petronas to take over PNB shares with no loss to PNB, I believe Petronas would provide the guarantees for working capital for it to continue.
As a business, consider it a mid-term solution, maybe 3-5 years to be back to its heyday.
At least rather than being an anchovie, someone actually come up with constructive solutions.
All the price targets being harped now are based off if Petronas didn't not become major shareholder. .
Your share in SAPNRG is filled with 150% debt.. so you would be lucky to get 30% of your money back once everything set and dusted. This government won't think about your money.
You can ignore comments from ah jib... he dont know what he signed for 1MDB and he dont so much money go into his account and spend... Dont expect a person who dont know anything to be msia leader again... Sapura will be next 2MDB under ah jib...
#DannyArcher my my my.... look who is here... pearlwhite and mabel. must be husband and wife tag team. invested in sapura? goodness.... 24/03/2022 9:57 PM
Haha Danny you sound like Huangbk72 in Serba Dinamik Forum
Hiding under the skirt lagi ke?
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.
Mabel usually put 15-20% of my capital to trade in this type of highly speculative counters. Please don't follow me. I have already make money from Plantation, Energy, Techs and Glove counters and came in when it is already at dirt cheap price. So for me this is for fun to eat more Lobsters at dirt cheap price..
Walao you like this also can kah. At TopGlove you said Sister Mabel is Ular punya lover leh. Now Sister Mabel n Pearlwhite is husband n wife. Walao Sister Mabel so geng leh. Many lovers one kah. Apa lah. Takda better comment dont post lah. So panlai gossip ni. Correct?
DannyArcher
my my my.... look who is here... pearlwhite and mabel. must be husband and wife tag team. invested in sapura? goodness....
Many banks n shareholders n workers n vendors even PNB hoping Bossku can help them leh. Mana possible not to follow up Bossku comment leh. Correct?
Huatexpert
You can ignore comments from ah jib... he dont know what he signed for 1MDB and he dont so much money go into his account and spend... Dont expect a person who dont know anything to be msia leader again... Sapura will be next 2MDB under ah jib...
PETALING JAYA: National oil company Petronas has denied holding any discussions with the government on a proposal to take over Sapura Energy Bhd.
Petronas acknowledged that there had been speculation on “purported talks” with Putrajaya on a proposal for it to acquire a significant stake in Sapura.
“Petronas wishes to categorically deny these reports and speculations,” it said in a brief statement today.
“The group has always been and will continue to be strictly guided by an established framework for any investment or divestment consideration.
“Petronas wishes to emphasise it remains committed to working closely together with the oil and gas services and equipment (OGSE) industry players, leveraging on their expertise and capability as activities increase with the industry recovering from the impact of Covid-19.”
Sapura, a government-linked company (GLC), had announced a loss of RM8.9 billion last year, which former prime minister Najib Razak said was the largest for any Malaysian GLC in history.
The Pekan MP had proposed that the government intervene by providing easy interest loans or loan guarantees to Sapura to solve its cash flow problems.
Alternatively, Najib said, Putrajaya could direct Petronas or Khazanah Nasional Bhd to take over ownership of Sapura, citing how Petronas still required Sapura’s services for its projects and had a better understanding of the sector.
Walao Petronas takda kasi muka Bossku kah. Deny ada mau takeover Sapnrg kah. Must be Bossku bukan PM punya pasal lah. Now petronas kick the ball back to PNB sendiri to solve the problem kah. Correct?
Any take over or bail out can only start after debt restructure...won't be so soon. First must get approval from creditor...if can't bankruptcy is almost certain.
#UlarSawa Walao you like this also can kah. At TopGlove you said Sister Mabel is Ular punya lover leh. Now Sister Mabel n Pearlwhite is husband n wife. Walao Sister Mabel so geng leh. Many lovers one kah. Apa lah. Takda better comment dont post lah. So panlai gossip ni. Correct?
DannyArcher
my my my.... look who is here... pearlwhite and mabel. must be husband and wife tag team. invested in sapura? goodness....
Jual sahaja asset…kasi bayar semua hutang vendors (hutang tarak bayar tak takut ke naik heli sana sini!!) ..lepastu company declare bankrupt..ini sapnrg mcm 1MDB punya cerita laa..pakai duit depositors to run company..those elites sudah kenyang maa…
tapi saya ingat la, sebelum kasi declare bankrupt, ini share naik sikit la..macam mau pergi 0.07 lepastu semua cabuttt lari. skrg saya ingat diaorg beli-beli lagi sebab mau average down…hahhaha.
Waa still got someone big buy 0.030!! Surprising since it's going to fill bankruptcy soon due to heavy debt and unable to make payment? Or Petronas follows gov instruction to buy sapura?
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." =============================== I very happy with Harapan... All the bullshhitt have been listed by Bossku... Bullshhitt is bullshhitt... I don't think BN is better in handling Sapura case. because they created the mess. Shhitt covered under carpet.
Sapura will be safe by BN government. GE 15 after raya. Preparation started already. PM lost moral ground to rule anymore as his government lost vote for sosma bill. BN and others now saying PH violated the agreement. All UMNO minister and MP meet at hotel in Putrajaya. PH now brace for after shock impact of wrong strategy in not voting for sosma as UMNO prepare for the election. Gendang sudah berbunyi. Goodluck Sapura. May luck on yourside.
Wait after anti hopping table in parlimen next moon first baru GE15 lah. Nanti Katak lompat melompat lagi lah. Sosma bill sudah kena sendiri punya party sabotaged takda vote lagi mau blame PH lagi kah. Apa lah. Correct?
Belum tentu BN sure win big mah. Opposition need to avoid multiple corner fight still can prevent BN from winning. BN alone may not be able to form gorment if Sarawak GPS and PAS takda sapot leh. Still very fluid lah. Belum pergi undi belum tau lah. Must see how the opposition strategy first lah. If they still degil using the same way like they did in Melaka n Johor then pasti lose lah. Only hope Rafizi is back can improve PKR chances sikit lah. Correct?
DickyMe3
BN coming back is not good for the country. Only looters and buttlcikers are happy.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
35,552 posts
Posted by UlarSawa > 2022-03-24 14:04 | Report Abuse
Not only you not happy leh. many also not happy tak dapat goodies leh. PH gorment kedekut leh. Correct?
Godofgambler
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.
1 hour ago