Posted by DickyMe3 > 2022-03-31 18:32 | Report Abuse

As a last resort to safe image, this stock may undergo acute compression of 1 :16 consolidation.

Posted by Understand > 2022-03-31 18:35 | Report Abuse

Huh drop to 35sen. Time to collect again.

Posted by DickyMe3 > 2022-03-31 18:36 | Report Abuse

Is your eyes in your backside?

Posted by MatDangz > 2022-03-31 18:47 | Report Abuse

Downsizing business scope and conso. Maybe....ha3

Posted by aspenvit > 2022-03-31 19:22 | Report Abuse

Very low volume sell down today. Which means huat huat soon.

Posted by DickyMe3 > 2022-03-31 19:30 | Report Abuse

Very low sell down means everyone dumped this stock?

Posted by Understand > 2022-03-31 20:37 | Report Abuse

Wuh huh collect collect.

Posted by Understand > 2022-03-31 20:45 | Report Abuse

Exchange hand.

Posted by trading2019 > 2022-03-31 20:53 | Report Abuse

RM834,582 hutang pun tak mampu bayar. Apa jenis syarikat ni? Mangkuk gulung tikar tak lama lagi lah.
https://www.theedgemarkets.com/article/sapura-energy-slapped-two-more-windingup-petitions

Posted by OKU_2020 > 2022-03-31 22:13 |

Post removed.Why?

Posted by suprnoob > 2022-04-01 10:17 | Report Abuse

bursino is on fire. place your bet now!...wkakakkakaa

Posted by DickyMe > 2022-04-01 12:00 | Report Abuse

One by one, Mahatir's legacy crumbling

Posted by OKU_2020 > 2022-04-01 12:38 | Report Abuse

can't rule out sudden death ( mati katak )...!

Posted by Tobby > 2022-04-01 13:02 | Report Abuse

Basically no hope! The professional team seems to lost it! Up to Petronas to savage but i think they won't! It is what it is! Close shop!

Posted by UlarSawa > 2022-04-01 13:45 | Report Abuse

Mana tak mampu bayar. Only tak mau bayar lah. Sapnrg ada more than 700mil cash mah. Still can bayar those small vendors if want lah. Correct?


trading2019

RM834,582 hutang pun tak mampu bayar. Apa jenis syarikat ni? Mangkuk gulung tikar tak lama lagi lah.

Posted by UlarSawa > 2022-04-01 13:48 | Report Abuse

Not yet cakap no hope leh. Bossku will pursue the bailout leh. Now Rafizi vs Bossku getting more interesting leh. Both side want to use sapnrg case to increase their popularity leh. Correct?

Tobby

Basically no hope! The professional team seems to lost it! Up to Petronas to savage but i think they won't! It is what it is! Close shop!

43 minutes ago

Posted by UlarSawa > 2022-04-01 13:53 | Report Abuse

https://youtu.be/ttthL-Xq-ZE

https://youtu.be/x-mc2efd38k

Posted by UlarSawa > 2022-04-01 13:54 | Report Abuse

wow Rafizi digged until so deep cakap King Shahril earned so much when in Sapnrg leh. Unbelievable so much money leh. Correct?

Posted by freddiehero > 2022-04-01 13:56 | Report Abuse

mau jual. pisang goreng lagi ka.. haha

Posted by OKU_2020 > 2022-04-01 15:45 | Report Abuse

hmmm...can't rule out sudden death ( mati katak )....kes naya !

Posted by kimchuant8 > 2022-04-01 15:57 | Report Abuse

Nta left 2 cent.

Posted by polycarp > 2022-04-01 16:55 | Report Abuse

Fake news. Never believe what u see

Posted by Understand > 2022-04-01 16:59 | Report Abuse

Ular sawa how come your profile picture is a Zirrafe instead of a Snake.

Posted by i3lurker > 2022-04-01 17:05 | Report Abuse

thats because the Snake is inside the Giraffe stomach

Posted by i3lurker > 2022-04-01 17:06 | Report Abuse

or maybe the primary school never teach what is snake or giraffe

Posted by Understand > 2022-04-01 17:29 | Report Abuse

Are you a orang putih ?

Posted by UlarSawa > 2022-04-01 18:46 | Report Abuse

Long story lah. Pasal many sinkalan at TopGlove there cakap Topglove will be lost QR insolvent in 2022 masuk PN17 and Ular tunggu it to happen sampai leher pun panjang macam zirafah pun takda happen lagi lah. Actually the penkritik there cakap Taikor will pecah rm2.00 cakap from dec 2021 to jan to feb to march 2022 baru pecah rm2.00. Ular tunggu sampai leher pun panjang macam zirafah lah. Correct?


Understand

Ular sawa how come your profile picture is a Zirrafe instead of a Snake.

1 hour ago


i3lurker

thats because the Snake is inside the Giraffe stomach

1 hour ago

Posted by Understand > 2022-04-01 19:07 | Report Abuse

Lol.what is singkalan. Is it somsort like cantonese kind of faul word.

Posted by investor2021trading > 2022-04-01 20:12 | Report Abuse

SINGKALAN:
Former prime minister Najib Razak says the oil and gas company was able to reduce its total debt from RM18.5 billion in 2017 to its current RM10.3 billion.

Posted by EVO118 > 2022-04-01 20:58 | Report Abuse

Mokhzani must count his lucky stars for cashing out of Sapura.
https://focusmalaysia.my/mokhzani-must-count-his-lucky-stars-for-cashing-out-of-sapura/

Posted by UlarSawa > 2022-04-02 09:43 | Report Abuse

Bossku cakap one is true leh. After RI n divestment of 50% oil asset to omv group lah. Part of PNB plan to bailout Tiger Bank also lah. Left pocket go to right pocket leh. Fund raised to pay back the banks also leh. Thats the plan mah. Shareholders dapat nothing. Only dapat saham harga sekarang after paid high price to subscribed the RI. Correct?

investor2021trading

SINGKALAN:
Former prime minister Najib Razak says the oil and gas company was able to reduce its total debt from RM18.5 billion in 2017 to its current RM10.3 billion.

13 hours ago

Posted by UlarSawa > 2022-04-02 09:51 | Report Abuse

That time Mokhzani n King Shahril not in very good term. Pasal it baru divested all his saham. Maybe he also can see sapnrg no future leh. Now proven he ada hindsight leh. Correct?


EVO118

Mokhzani must count his lucky stars for cashing out of Sapura.
https://focusmalaysia.my/mokhzani-must-count-his-lucky-stars-for-cashi...

12 hours ago

Posted by UlarSawa > 2022-04-02 09:53 | Report Abuse

That I3lurker is sinkakan cakap Topglove will be insolvent in 2022 lah. You also know sinkalan apa meaning right. Correct?


Understand

Lol.what is singkalan. Is it somsort like cantonese kind of faul word.

14 hours ago

Posted by Understand > 2022-04-02 11:16 | Report Abuse

I3 lurker is orang putih, pandai english.

Posted by UlarSawa > 2022-04-02 11:51 | Report Abuse

Dia bukan angmoh leh. If ada pun fake angmoh lah. Macam banana lah. Kulit kuning dalam putih je. Correct?

Understand

I3 lurker is orang putih, pandai english.

33 minutes ago

Posted by masterkevin212 > 2022-04-02 23:48 | Report Abuse

Let's say 10.3 billion x 25% = 2.6 billion still the outstanding.

Posted by masterkevin212 > 2022-04-02 23:48 | Report Abuse

Disposal of sapuraOMV 50% worth ( 2019 sold at 3.8 billion when oil price 70usd) current 105usd can raise 5.7 billion and can settle bank loan 2.6 billion = surplus 3.1 billion and pay outstanding vendors = 1.5 billion
nett balance in cash = 1.6 billion use for working capital.

Posted by masterkevin212 > 2022-04-02 23:49 | Report Abuse

Sapura's intention is to clear all debts and re-negotiate on going 6 projects + new projects to kick off soon.

Posted by masterkevin212 > 2022-04-02 23:49 | Report Abuse

Overall, sapura will be free of debts holding 1.6 billion working capital and i think petronas will inject more jobs to Sapura.

Posted by masterkevin212 > 2022-04-02 23:49 | Report Abuse

I think the next 2 quarters sapura will writeback its impairment loss from big loss to big gain.

Posted by masterkevin212 > 2022-04-02 23:50 | Report Abuse

This is how the stock magic world come about.

Posted by masterkevin212 > 2022-04-02 23:50 | Report Abuse

Alternativelt to accept Najib's proposal

Posted by masterkevin212 > 2022-04-02 23:52 | Report Abuse

PETALING JAYA: Former prime minister Najib Razak insists that the government offer a loan guarantee to Sapura Energy Bhd in order to save its oil reserves from falling into foreign hands before its full potential can be realised.
He said the company’s subsidiary, Sapura OMV, owned oil and gas reserves of 264 million barrels with a gross value of RM110.8 billion.

If the subsidiary is put up for sale, as is being speculated, Sapura’s joint venture partner OMV of Austria, would likely be the first choice buyer as it already holds a 50% stake in Sapura OMV with the remaining 50% held by Sapura Energy.

This is why I urge the government to offer a loan guarantee to Sapura so that the oil reserves remain in Malaysian hands,” he said, giving as an example a RM500 million guarantee granted to AirAsia last year.
Alternatively, the government could direct Petronas to take over ownership of Sapura Energy, he said.
Sapura OMV operates oil fields in shallow Malaysian waters.
Najib said the sale of highly valuable long-term assets to solve short-term cash flow problems was unreasonable and detrimental.

from Najib bossku

Posted by masterkevin212 > 2022-04-02 23:52 | Report Abuse

SapuraOMV owned oil and gas reserve RM 110.8 billion, Sapura owned 50% while Austria company owned 50% bought from sapura in 2019 for RM 3.8 billion when oil 70usd

Posted by masterkevin212 > 2022-04-02 23:52 | Report Abuse

That's why najib insists this reserve not to fall under foreigner and wanted government to give loan warrantly.

Posted by izoklse > 2022-04-02 23:53 | Report Abuse

Keep Sapura’s huge oil reserves out of foreign hands, says Najib

https://www.msn.com/en-my/news/national/keep-sapura-s-huge-oil-reserves-out-of-foreign-hands-says-najib/ar-AAVMQ7b?li=BBr8YXF

Posted by masterkevin212 > 2022-04-02 23:53 | Report Abuse

In fact Sapura is not the TIN KOSONG

Posted by Alistino G > 2022-04-03 00:23 | Report Abuse

Get ready for a massive shock to our KLSE and economy. Will the 9 banks write off 7.6B to save our Oil & Gas from falling into foreign hands?

Posted by paulthesotong > 2022-04-03 08:17 | Report Abuse

Bad biz model.. High gearing.. half a billion rm in interest payment alone... Annual. meaning rm15.85 per second burnt to lenders

Posted by UlarSawa > 2022-04-03 08:40 | Report Abuse

Time to let the banks to vomit out the money earned so far from interest collected. Haircut 75% is reasonable lah. Win Win for all lah. No need to get gorment bailout again and become a laughing stock if it happen. Let the banks do National Services for once again. Save Sapnrg and save Bumi company and thousand of workers. Selling some asset is unavoidable leh. Boleh?