Kesian nicholas99. No one entertain you. Nvm let me entertain u. Wow that's scary man...going to close down Sapura? Why don't you say tomorrow earthquake going to happen and cause massive destruction ?
nicholas, you are not investing. You are gambling on a company with 10Bil debt. Then you look at the crystal ball and hope it will go up.
Since you have bought the shares, you are trying to justify your decision. I did not condemn you about your purchase.
Sapura may be delisted like MAS. The company business will be saved but not the shareholders. Thats what restructuring and bailing out is all about. Shares will have zero value.
Take a step back and be more realistic about the whole situation.
Petronas made huge margins partly because they corner the vendors and contractors on commercial and T&C aspects. Even COVID-19 standbys claims from vendor was not paid out. Obviously they can fly high on profit and claim healthy book. Even worst, most jobs today are lump sum type, back to back agreements, milestone payments, etc. They put more commercial risks to vendors and refuse to share the burden while they reap on the big profit
Bob its now authorised for medical use also authorised growing for export purposes
shareholders will take the Biggest Cut with 99% loss, otherwise EPF will NOT invest due to conflict with known and unknown person/s
BobAxelrod
LOL....Fairy tales.....IF and very big IF MOF Inc give financial package or assistance...Bankers, Creditors would take huge haircuts......and stakeholders, shareholders would benefit???????? What are you smoking???
This question is particularly pertinent in the case of government-linked company (GLC) Sapura Energy with news reports saying that an imminent bailout of the company is being contemplated by the Finance Ministry with an assistance package and a possible grant https://www.malaysiakini.com/columns/622493
Kalau musim durian gugur,jangan tunggu bawah pokok nya. Duduk jauh2, nanti belebuk atas kepala kecuali ada pakai helmet. Esok bila dah cerah bawa pi cari durian gugur.
next month in June will be a happening month for Sapura
MOF Inc aid announcement Q1F2023 results CEO will come out to tell their Great Reset plan Analyst and economist will give their thoughts New target price by fund house
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....
kyliew
1,397 posts
Posted by kyliew > 2022-05-27 10:01 | Report Abuse
Kesian nicholas99. No one entertain you. Nvm let me entertain u. Wow that's scary man...going to close down Sapura? Why don't you say tomorrow earthquake going to happen and cause massive destruction ?