Zafrul & PM position also not stable with bad economy...now bz on Kuala Selangor for GE15...one wrong step...will be off with their heads...so SEB is furthest on their minds...
hahahaa...reminisce on Rafizi v sharil coming court case.. interesting to recap...public funds linked to financial scandals, notably that of the National Feedlot Corporation (NFC), 1Malaysia Development Bhd, Majlis Amanah Rakyat, Tabung Haji and the Armed Forces Fund Board (LTAT).
the people can make in depth evaluation of the background of each and every of the financial scandal ...emm
While Shahril has every right to challenge Rafizi in court, many wonder if the former is only exposing himself to the risk of opening more cans of worms given that Sapura Energy has succumbed to a net loss of RM8.9 bil for its FY1/2022 which is the largest in the history of corporate Malaysia to date.
As pointed out by Mariam Mokhtar, the fierce critic of Malaysia’s socio-political problems, many Malaysians would welcome the trial so that Sapura’s alleged mismanagement will be put to public scrutiny. “They want to know if the alleged excesses of its former CEO and the failure of the board and managers to save the company from near bankruptcy are true,” she pointed out in her latest opinion editorial in the Free Malaysia Today portal.
“With the trial – if it takes place – the rakyat will be able to know how public listed companies are run. They will be able to find out about the wastage, the exorbitant salaries and perks, the poor decision making, the choice of investments, and the losses incurred.”
Counting 2 days. Chartwise TI and TA pointing downward. A simple reading of RSI and MACD down trend will continue. You cannot expect light end of the tunnel if dig underneath directions.
The only blame should be on all the BOD of the different GLCs who hold substantial shares and had previously voted to disburse thaose figures to SAP's BOD. Can't blame the previous CEO for taking that money.
The previous CEO and the BODs probably assume they are doing a magnificient job which is why they were rewarded with such payments. In normal employment if you do a good job you get a pay rise. If you are incompetent you will be laid off.
Buy. This is turnaround company. So many valuable assets worth Billions. Sentiment play by government. Operator purposely pressing down the price to collect another round.
SAPNRG is Multibillion company. GLC strong link with Government and Petronas. Bossku strong support for Bailout. MOF will give assistance package. Brent oil above $100 Ong Ong Ong
Ignore the naysayer. Believe in your investment. What the hell did they do here if they didn't have share? I didn't have time to bark any counters.
“From what I know, it is MoF Inc that will step up [and lend a helping hand to Sapura Energy]. What is being discussed at present is some sort of an assistance package ... it could be a grant of some sort and it could be announced soon,” says the source familiar with the goings-on at the Ministry of Finance.
The news and facts are there! CLEAR CUT. Nothings to hide. Just wait and believe, The naysayers talking cock by looking at the price downward movement? The price is very fishy pressed down by the operator, so they recollect low again.
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....
billionman
828 posts
Posted by billionman > 2022-06-08 11:45 | Report Abuse
tweet already owned by Elon Musk..... next 2024 Pres US in wating hahaaa