Posted by cashflow > 2022-06-09 21:33 | Report Abuse

Like I’ve said. Once politicians announce publicly their stance, they will push for it. There are nearly thousands of people/loyalist in BN and UMNO gathering and you think their chiefs going to disappoint them.

Posted by amirsyam1001 > 2022-06-09 21:36 | Report Abuse

Great AT. Just postpone forever

Posted by kyliew > 2022-06-09 21:52 | Report Abuse

haha keep naysaying these 9 months.... kesian... pls work harder to think more ideas during these 9 months.

Posted by SinGor > 2022-06-09 22:41 | Report Abuse

everybody already knows SAP financial position, no need to keep beating a dead horse.
Any rally tomolo is most likely punters betting against each other....mostly remisiers betting against sharks.
90% ikan bilis cannot enter " need cash up-front ---PN17 " So 99% people who Talk here just talk kok
bcos cannot Bet just Talk only

Posted by DickyMe3 > 2022-06-09 22:46 | Report Abuse

Tomorrow is Friday.
After congregation, some hugging, cheek and hand kissing
and "kita mesti jaga kita" motivational talk
a sudden pump could be executed, yes maybe injection.
Watch some GLCs.

Posted by Understand > 2022-06-09 23:45 | Report Abuse

They just need time. Oil price good , they will catch up very quickly. Reason they are down is mainly due to covid. All these kotEk gang seems like did not understand how business operate.
May need to offload abit from here, to elsewhere.

Posted by SDR245 > 2022-06-10 00:03 | Report Abuse

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022-says-group-cfo

Posted by SDR245 > 2022-06-10 00:04 | Report Abuse

More job to sapura n other local oil n gas. 60 bil

Posted by SDR245 > 2022-06-10 00:08 | Report Abuse

KUALA LUMPUR (June 9): Petroliam Nasional Bhd (Petronas) is allocating about RM60 billion for capital expenditure (capex) in financial year ending Dec 31, 2022 (FY22) compared with RM30.5 billion a year earlier as the Malaysian national oil company prepares for the resumption of business activities, which were earlier disrupted by Covid-19-driven movement restrictions, and as the group sets aside money for clean energy or non-hydrocarbon-related ventures.

Posted by SDR245 > 2022-06-10 00:09 | Report Abuse

Malaysian national oil company prepares for the resumption of business activities, niote this

Posted by OKU_2020 > 2022-06-10 00:35 | Report Abuse

@SinGor
everybody already knows SAP financial position, no need to keep beating a dead horse.
----------
Hmmm ... Bobby trap set .
Nothing to shout on this Beyond Repair - Paralyzed Kerepot Janda Sapura

Posted by cashflow > 2022-06-10 01:16 | Report Abuse

After the extension approval, now this counter panas again. Whales already collect at 5cents and next round to goreng again

Posted by billionman > 2022-06-10 06:15 | Report Abuse

the market is becoming gambling casino...go to genting bettet. hahaa

Posted by billionman > 2022-06-10 06:40 | Report Abuse

petronas giving job to SE ??? legacy contracts in hand still problematics ... how? more jobs but incapable..just to lure and deceive funders to pump in more $....same no difference. Debt in hand still a big mammoth interest getting bigger..cos the habit of defaulting payment.. .OPR by july 22 likely to up to next level of 2.25%... More pain in the ass likely is expecting..SE hanging on to life gasping for Oxygen...till when SE hve to rely on these business based on sympathy and MOU. SE knew all along ..PETRONAS or Gov will intervene...thats why dot dot ..up to imagination.........scripted play.. invest smartly

Posted by bullmarket1628 > 2022-06-10 06:57 | Report Abuse

Petronas ups annual capex to RM60 bil, makes first allocation for clean energy
SyafiqahSalim/theedgemarkets.com
June 09, 2022 16:20 pm +08

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022-says-group-cfo

KUALA LUMPUR (June 9): Petroliam Nasional Bhd (Petronas) is allocating about RM60 billion for capital expenditure (capex) in financial year ending Dec 31, 2022 (FY22) compared with RM30.5 billion a year earlier as the Malaysian national oil company prepares for the resumption of business activities, which were earlier disrupted by Covid-19-driven movement restrictions, and as the group sets aside money for clean energy or non-hydrocarbon-related ventures.
"This year, we expect to almost double that [capex] amount which is RM60 billion, because of catch-up and the return of [business] activities. This is also the time we have to make inroads in some material steps into the non-hydrocarbon side of things," Petronas chief financial officer Liza Mustapha said on Thursday (June 9) at the MIDF Conversations event, which was held virtually.
MIDF group managing director Datuk Charon Mokhzani was the moderator for the event.
Liza said that out of Petronas' planned RM60 billion capex allocation for FY22, about RM40 billion has been earmarked for the oil and gas business besides non-hydrocarbon–related operations while the balance of the capex allocation has been earmarked to finance Petronas Chemicals Group Bhd's (PetChem) wholly-owned subsidiary Petronas Chemicals International B.V. (PCIBV) proposed acquisition of the entire stake in Sweden-based specialty chemicals group Perstorp Holding AB for €1.54 billion (about RM7.02 billion) from Financiere Foret S.A.R.L.
Petronas owns a 64.35% stake in PetChem, according to PetChem's latest annual report.
Looking ahead, Liza said non-hydrocarbon-related income is expected to account for about 30% of Petronas' revenue.
"[About] 30% of our revenue should be coming from something which is not related to hydrocarbons.
"We have to factor in [business] growth, otherwise, we will not be able to manage the energy transition and we will miss our target of achieving [net] zero [carbon] emissions by 2050," she said.
According to her, about 10% of Petronas' RM60 billion capex allocation for FY22 will be earmarked for non-traditional businesses such as specialty chemicals and solar energy.
"Previously, I think there was never a plan on what rate it should be [for the clean energy segment] because there was no allocation from the top. So, it didn't really take off.
"So, we need to rethink our decision on the capital allocation [for the clean energy segment] and put it aside, because if we leave it at that and let them go with the flow, we are going to be a year behind the target again," she said.
Petronas' financials improved in 1QFY22. In a statement on May 31, 2022, Petronas said profit after tax rose to RM23.44 billion in 1QFY22 from RM9.22 billion a year earlier while revenue climbed to RM78.75 billion from RM52.55 billion.
"Despite favourable [first quarter] performance, the high oil and gas prices are expected to remain vulnerable with increased volatility due to geopolitical and macro-economic uncertainties.
"Petronas will continue to strengthen our operational excellence to maximise value creation whilst intensifying our growth and sustainability agenda in Malaysia and internationally,” the company said.

Edited By: Chong Jin Hun

Posted by cashflow > 2022-06-10 08:09 | Report Abuse

Sapura receive lifeline for 9 months and so many things can happen during this period. MOF news also yet to be announced and they did not deny the media statement. Be patient and optimistic. It’s all in cronies game and we just ride along. Today break 5 cents, let’s see where it settles

Posted by cicakman > 2022-06-10 08:15 | Report Abuse

If it is a sell cannot ask ppl to buy.
and cz you buy high.
If news is infavour and it is a buy then buy lahhh.
As long don't cheat and give wrong info,ok lah.
Just news hold bangkrupt for pru fund.

Posted by cicakman > 2022-06-10 08:22 | Report Abuse

Let's buy Petronas Share.

Posted by cicakman > 2022-06-10 08:27 | Report Abuse

Place your bet...place your bet.

Posted by OKU_2020 > 2022-06-10 08:42 | Report Abuse

#Beggar
#FurtherAzab

Posted by Understand > 2022-06-10 08:44 | Report Abuse

Bcarefull on calling people to sell. Many I see never come back already. Bcos to many got scared by those knowing little but faking it as they know what they are talking.

Posted by Follow80 > 2022-06-10 08:46 | Report Abuse

Terciduk

Posted by OKU_2020 > 2022-06-10 08:53 | Report Abuse

Paralyzed Kerepot Jander Sapura
#Terduduk-Azab

Posted by BobAxelrod > 2022-06-10 09:01 |

Post removed.Why?

Posted by OKU_2020 > 2022-06-10 09:05 | Report Abuse

BossKau please ?
Wanted Rafizi for THROWINGGG COLD WATER
#ManyKenaPREQQ...

Posted by cicakman > 2022-06-10 09:12 | Report Abuse

Wait Hang Seng and Nikkei.

Posted by OKU_2020 > 2022-06-10 09:23 |

Post removed.Why?

Posted by sailang_now > 2022-06-10 09:36 | Report Abuse

The writing's already on the wall...Sapura Holdings only left 13.5% guess they have exited earlier at higher prices...only left Bilis holding the ball at 42% with balance by PNB...even Institutional funds only holding about 2%...so what whales are there??? Only gamblers & sharks detected...

Posted by cicakman > 2022-06-10 09:48 | Report Abuse

How?

Sell= Buy
Buy = Sell

Then how to say a buy or a sell when you something positive or negative?

Posted by nonchan > 2022-06-10 09:59 | Report Abuse

yes

Posted by OKU_2020 > 2022-06-10 10:11 | Report Abuse

@superlimit88
weiiiiiiiiiiiiiiiiiiiiiiiiiii simpanan untuk masa depan..wakkkakakakakakkakakakakakakakakaka
--------------
#Azab....

Posted by cicakman > 2022-06-10 10:37 | Report Abuse

Cemerlang,Gemilang dan Terbilang.

Posted by cicakman > 2022-06-10 10:39 | Report Abuse

Top 30 vol very poor.
Asian Market down.

Posted by B4b4 > 2022-06-10 10:49 | Report Abuse

Buy now

Posted by OKU_2020 > 2022-06-10 11:04 |

Post removed.Why?

Posted by billionman > 2022-06-10 11:06 | Report Abuse

NTA for SE..merely 0.02 cents. what to expect ? what jewel stock we re talking? ..once last time yes..true of its value. But as business keep on giving non profitable outcome years after years it has then...becoming more of liabilities to investors.... and funders... how? No matter how much you throw in $..same no difference.. Something is not rite somewhere.......

Hoping is no good......dreaming is worst hahaa

Posted by billionman > 2022-06-10 11:18 | Report Abuse

Main concerned is..it is not obtaining fresh funds; and have to undertaking a massive debt restructuring involving banks, vendors and contractors.

Some analysts comment that the restructuring should have been done much earlier as the writing had been on the wall for some time now, with winding-up petitions by vendors and suppliers and the liquidity stress since December 2021 being the last straw for the company.

Despite a RM4 billion cash call in 2019 and a subsequent RM10.3 billion debt refinancing in 2021, Sapura Energy continued to bleed red ink in four of the last five years.

Worse, its sales are not generating sufficient cash to sustain it as a going concern. How????????

Posted by Bright888 > 2022-06-10 11:25 | Report Abuse

Good times for og stocks, buy Sapura

Posted by billionman > 2022-06-10 11:26 | Report Abuse

Simply wall Analysis on SE

Earnings vs Savings Rate: SAPNRG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SAPNRG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SAPNRG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SAPNRG's revenue (5.7% per year) is forecast to grow faster than the MY market (5.1% per year).

High Growth Revenue: SAPNRG's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Posted by billionman > 2022-06-10 11:34 | Report Abuse

Simply Wall Data on SE dated 9 Jun 2022.

Ownership Breakdown:
Institutions 2.6%
408,843,259 shares

Individual Insiders 3.2%
514,994,741 shares

Private Companies 13.3%
2,128,312,868 shares

Sovereign Wealth Funds 39.6%
6,326,251,745 shares

General Public 41.3%
6,593,401,269 shares

Posted by cicakman > 2022-06-10 11:37 | Report Abuse

Like this ^^^^.
Siapa yg kena?

Posted by cicakman > 2022-06-10 11:39 | Report Abuse

If those public sikit2 buang or by batch,jadi padang jarak padang terkukur.

Posted by billionman > 2022-06-10 11:50 | Report Abuse

on positive note Simply Wall commented
Revenue vs Market: SAPNRG's revenue (5.7% per year) is forecast to grow faster than the MY market (5.1% per year).

Posted by sailang_now > 2022-06-10 11:51 | Report Abuse

The deferment is only for RM10.3B debts to next year. In the meantime where's the cashflow to continue as a going concern and money to pay off Bumi vendors owed another RM3.35B in trade payables who has not been paid for services rendered since 2020? For those who purchased 5sens & below, it's better to cutwin be4 you need to cutloss...otherwise how to finance the cashflow to continue betting? Otherwise could become enforced long term shareholders? Any grants from Govn maybe only to save SEB's small vendors not the elites like Shahril...even then it may only be addressed by new Govt next year?
"Its loss-making contracts were an additional burden, compounding its RM10.7 billion debt and trade payables of RM3.35 billion. Moreover, its pandemic-related expenses proved challenging to claim."

Posted by OKU_2020 > 2022-06-10 11:51 | Report Abuse

#Azab....

Posted by r12047 > 2022-06-10 11:57 | Report Abuse

wait patiently

Posted by cicakman > 2022-06-10 11:59 | Report Abuse

Ooo..ini maciam ka?
Habislah ini kali..
Like this reque 1.5 cts only can ka?

Posted by cicakman > 2022-06-10 12:02 | Report Abuse

Buku 555 kena ada 10 biji.

Posted by flizzow > 2022-06-10 12:10 | Report Abuse

I got good news from kementerian,later will announce..wait ya guys.

Posted by BOS1688 > 2022-06-10 12:14 | Report Abuse

MOF will announce soon. Stay tuned..