Posted by billionman > 2022-06-02 22:06 | Report Abuse

zombie.. heart stop beating

Posted by Skywalker00 > 2022-06-02 22:13 | Report Abuse

Petronas can get sued if they get in bed for Sapnrg right?...bcos they earlier say NOT getting involved....giving misleading information.

Posted by TRexxx > 2022-06-02 22:27 | Report Abuse

SAPNRG has Fallen

Posted by Mabel > 2022-06-02 22:54 | Report Abuse

Remember Rome was not build in a day - Warren Meow
Remember Hiroshima was destroyed in a day - Mickey Mouse

To Our Success!

Meow Meow Meow

Posted by awesome20 > 2022-06-02 23:18 | Report Abuse

Jump to grab 5.5c and hold till 9c@10c

Posted by EVO118 > 2022-06-03 06:10 | Report Abuse

The Bumi GLCs are the power base of the BN govt. With no help to Sapura, BN can kiss GE15 goodbye. Also Zafrul will loose his cosy cabinet job. It's call self preservation.

Posted by billionman > 2022-06-03 06:21 | Report Abuse

Not sure dead or alive. ....but heart beat still beating..low pressure symptoms.....but facts...the body ailing..cannot take no more....funders knocking at the doorcsteps..where to run

Posted by billionman > 2022-06-03 06:23 | Report Abuse

TA..FA. all into the drain.... faking lots..reality dying dying.... RiP my friend. no more agony........ change name Sapdinamik... ssapu dinamik

Posted by billionman > 2022-06-03 06:24 | Report Abuse

reborn.......

Posted by billionman > 2022-06-03 06:29 | Report Abuse

morning friends......On that fateful day, ‘elder twin’ Sapura Energy revealed that it has triggered the Practice Note 17 (PN17) classification due to going concerns over its shareholders’ equity position of RM85 mil as of Jan 31, 2022 which was less than 50% of its share capital of RM10.87 bil.

Moreover, the company’s external auditor Ernst

Posted by billionman > 2022-06-03 06:30 | Report Abuse

Hard to digest???????

Posted by Loh Kok Wai W > 2022-06-03 07:32 | Report Abuse

Djones n Nasdaq strong rebound.....Sapnrg follow....0.08---0.09........??//

Posted by Ekkram > 2022-06-03 07:35 | Report Abuse

Run… Run… Run…

Posted by stockraider > 2022-06-03 07:38 | Report Abuse

Run for what leh ?

Quickly collect mah!

U will be highly rewarded from Sapnrg restructuring deals mah!

Lu tau boh ?

Posted by henry888 > 2022-06-03 07:40 | Report Abuse

Rescuing GLC companies are only good for politicians' cronies, top level management and directors using taxpayers' money but nothing rewarded to the general Rakyat. Not rescue is good for GE15 of the ruling party.

Posted by cashflow > 2022-06-03 07:48 | Report Abuse

Timing of PN17 classification is very fishy. They already fall in that equity ratio criteria since many months ago. I think prior to MOF news, they pressuring such news so big boys in BN and UMNO can buy low again to make margins after news. Let’s see, I am still optimistic since MOF did not deny media report

Posted by stockraider > 2022-06-03 07:53 | Report Abuse

Yes very fishy....smart intelligent savvy investors like Raider & Gangs easily spot....they do it to create a big collection opportunity to collect very cheap....to make very big profit mah!

Posted by izoklse > 2022-06-03 07:56 | Report Abuse

Mesti la sebelum MOF announcement kena kasi harga rendah dulu supaya semua big fund blh standby dalam ma. PN17 ni lama org dah tau pun tunggu nak announce jer. heheh everything about timing ma.

Posted by bullmarket1628 > 2022-06-03 08:03 |

Post removed.Why?

Posted by fauzul > 2022-06-03 08:05 | Report Abuse

Sapura business is quite strategic for Malaysia economy esp in O&G sector. They have good infrastructures that they have built over many years.. U cant find many company of such size in Malaysia.. It is quite a waste if we let them drown or being sold to foreign investors.. MOF could go study thru their potentials esp in the current market environment in O&G sector.. This company can generate billions dollar revenue, but they cant as they dont even have capital to operate coz banks stopped lending them money.. Possibly MOF could give gov guarantee for them to be able to get loan to resume the operation and bring their book back in green in shortest time possible.

Posted by cicakman > 2022-06-03 08:08 | Report Abuse

So not many ppl know why Japan lost the 2nd World War and which country initialy started it.

Posted by cicakman > 2022-06-03 08:12 | Report Abuse

When you failed to do it right or execute the plan right.
It just what happened to Saprng.

Posted by BE_GREEEEEDY > 2022-06-03 08:36 | Report Abuse

Market sure stemamig toay....thanks to 400+ dow jone , nasdaq 300+

Posted by cicakman > 2022-06-03 08:49 | Report Abuse

It is what you say that makes it go down.

Posted by cashflow > 2022-06-03 08:57 | Report Abuse

Short squeeze done. 6 cents clear today, then as FOMO effect build, price crusade higher

Posted by i3lurker > 2022-06-03 09:01 | Report Abuse

for project financing borrowers need to prove contract is profitable before drawdown is appoved by bank punya engineer.
Bank engineers will review costing.
Guaranteed all contracts signed are loss making thats why Bank Engineers refused approval for drawdown.
Bank also want to make money right? if contract is profitable, guaranteed loan is approved.

all these comments by sinkalang are outright lies, lies and blatant more lies

total bill for the stupeeeeeeed Rakyat could come out more than RM25 Billion due to these loss making contracts.

Posted by cicakman > 2022-06-03 09:10 | Report Abuse

Place your bet...place your bets
Out of 52 cards,there us only
1 Ace of Spade.

Posted by billionman > 2022-06-03 09:11 | Report Abuse

RSI ..slighty below 70%. hahaa overbought OB...throwwwing

Posted by billionman > 2022-06-03 09:12 | Report Abuse

nothing is guaranteed....plqying illussionary..run

Posted by Anuar Jusoh > 2022-06-03 09:12 | Report Abuse

nampak jelas pemmpin pemimpin dinegara kita makan tidur ,tak buat kerja otak tak jalan jelas bodoh keterlaluan dahlaa harga saham jatuh susut teruk macam sapurng dibiarkan harga telur ayam sayur tak reti nak kawal sedangkan dalm negra banyak sumber dan tempat kenapa tak fikir nak usahakan disetiap negeri pemimpin negara dari kalangan bodoh sekarang mereka berbalah merebut kuasa tak fikir tentang ekonomi dan negara

Posted by billionman > 2022-06-03 09:13 | Report Abuse

hoping is real..but hopeless is killing slowly...die hard good luck

Posted by billionman > 2022-06-03 09:15 | Report Abuse

legacy contracts...obligations are the liabiilities...revenue fm these legacy contracts??????

Posted by i3lurker > 2022-06-03 09:16 | Report Abuse

previously Sime loss more than RM2 Billion to complete their Middle East oil contracts.

Sapura loss making contracts will be a bombshell given that costs had already increased more than 50%.
So if contract margin was 10% previously, a loss to completion of 30% to 40% will be normal.

means => a RM50 Billion contract will lose RM20 Billion

plus liabilities RM16 Billion, means total bill for the stupiieed Rakyat may exceed 1MDB fiasco amounts.

Bank Engineers will not simply freeze loans unless the contracts are loss making to 40% - 50% expected losses to completion.

Posted by kyliew > 2022-06-03 09:22 | Report Abuse

MOF Petronas Sapura Energy

Joint Statement coming soon

Posted by cicakman > 2022-06-03 09:27 | Report Abuse

It was not the American who bomb Hiroshima and Nagasaki.
It was Yamamoto himself who have failed in executing his plan .
Same lah like Saprng.

Posted by i3lurker > 2022-06-03 09:29 | Report Abuse

Sapura obviously cannot "kowtim" bank engineers due to massive losses from contracts.

now the tactic is to kowtim the stupeeeeiiid Rakyat to get Rakyat Free Money

Posted by Mabel > 2022-06-03 09:33 | Report Abuse

Jkoay wait to collect at 0.003
02/06/2022 7:57 PM

Not easy ...Mabel's blonde hair turn white waiting for 3..

The lowest collection was 3.5...

Posted by Mabel > 2022-06-03 09:33 | Report Abuse

#i3lurker Sapura obviously cannot "kowtim" bank engineers due to massive losses from contracts.

now the tactic is to kowtim the stupeeeeiiid Rakyat to get Rakyat Free Money
03/06/2022 9:29 AM

Haha..That's what they said in Serba..

Meow

Posted by Mabel > 2022-06-03 09:34 | Report Abuse

kyliew MOF Petronas Sapura Energy

Joint Statement coming soon
03/06/2022 9:22 AM

Meow Meow Meow

Posted by billionman > 2022-06-03 09:39 | Report Abuse

dying... is true

Posted by cicakman > 2022-06-03 09:43 | Report Abuse

Sebelum tidor ngigau.
Masa tidor ngigau.
Dah bangun tidor pun maseh ngigau.

Posted by Michael R. > 2022-06-03 09:45 | Report Abuse

Better let Dr K leading SAPNRG... see how fierce he still in SERBADK... Present SAP knows how to sell precious assets at discounted price... later need to buy high again or rent high..

Posted by cheahgood > 2022-06-03 09:47 | Report Abuse

Joint statement from MOF PETRONAS....haha

Posted by Anuar Jusoh > 2022-06-03 09:48 | Report Abuse

dah nak mampus ini tak payah tunggu 3 s nak collect , biar teus mampus dalam tipuu

Posted by cheahgood > 2022-06-03 09:48 | Report Abuse

MOF and PETRONAS now in holidays.. wait, they will announce on 31 June 2022.. hahaha

Posted by i3lurker > 2022-06-03 09:54 | Report Abuse

when you see Bank freeze project loans it means => Contract is loss making, and the loss is so large that Bank Engineers also company cannot kowtim

we also know that costs increased from 30% to 50% due to inflation due to oil costs and shortages bidding to ultra high pricing.

but the Rakyat is stupiiiieeed right?
Lets kowtim the stupiiiieeeed Rakyat instead of the smart Bank Engineer...

Posted by 8899EL8899 > 2022-06-03 10:30 | Report Abuse

look at MQ TECH,.......zahid hamidi daughter appointed as vise chairman,.......something is brewing in this company

Posted by goldenluck16 > 2022-06-03 11:35 | Report Abuse

Incompetent board of directors and management running the company... won't give you any capital appreciation in the coming months or years.

Posted by goldenluck16 > 2022-06-03 11:37 | Report Abuse

Syndicate luring the contra ikan bilis ...cut loss like shit.

Posted by goldenluck16 > 2022-06-03 11:40 | Report Abuse

High interest rate will kill this heavily indebted company. No chance of turnaround at all.