SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.035

Today's Change

+0.005 (16.67%)

Day's Change

0.03 - 0.035

Trading Volume

2,512,700


80 people like this.

147,445 comment(s). Last comment by TalkNumberOne 18 hours ago

Ninth007

475 posts

Posted by Ninth007 > 2022-06-13 17:12 | Report Abuse

Maciam maciam pun masih teguh berdiri. Jika jatuh tinggal 2 sen pun tak payah ghisau maaaa.... Hanya betul betul rugi kalau tutup kedai. Nak untung kena take the risk, grab the chance. Asyik salak salak negative apa menda nie. Buy to your capability ok.

cicakman

7,451 posts

Posted by cicakman > 2022-06-13 17:14 | Report Abuse

Moloh punya olang ciakap moloh punya hal.

strattegist

23,459 posts

Posted by strattegist > 2022-06-13 17:16 |

Post removed.Why?

cicakman

7,451 posts

Posted by cicakman > 2022-06-13 17:26 | Report Abuse

Congratulations to June Winner i3 comments goes to;

OKU_2020 > "PRAY hard for our safety....."

Understand

1,034 posts

Posted by Understand > 2022-06-13 17:38 | Report Abuse

Need to offload here, so many cheap sale. Chow...

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-13 18:09 | Report Abuse

Yesss Jolly Lizard...
Let PRAY HARD for our safety tomorow
#Azab...

billionman

828 posts

Posted by billionman > 2022-06-13 19:21 | Report Abuse

really....pray hard not to jump off KL Tower

Understand

1,034 posts

Posted by Understand > 2022-06-13 19:32 | Report Abuse

Haha , cicak sama billion so scad. No need worry really.

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-13 19:35 | Report Abuse

hmmm ...Penang Bridge too
BTW...
If you’re having problems and need immediate assistance, reach out to Befrienders at:
TEL: 603-79568145
E-MAIL: sam@befrienders.org.my
Available 24 hours, 7 days a week.

Understand

1,034 posts

Posted by Understand > 2022-06-13 19:39 | Report Abuse

I said already,normal day don't touch share market. Only touch when the market turn down. All the dumb ass. Simple maths. See the bigger picture.

billionman

828 posts

Posted by billionman > 2022-06-13 20:43 | Report Abuse

lets watch Bloomberg..hve peace of mind hahahahaaa over coffee

billionman

828 posts

Posted by billionman > 2022-06-13 20:46 | Report Abuse

i still believe in SE but i am very sceptical too to her success to ride this turmoil.....50 -50 dead or alive......... choices are yours...very hard decisions.. lost sight of how SE going to leverage its capabilities. With no monies

Understand

1,034 posts

Posted by Understand > 2022-06-13 21:07 | Report Abuse

I think ironshirt are quite clear how it works.

billionman

828 posts

Posted by billionman > 2022-06-13 21:14 | Report Abuse

..Glooming outlook.....run for safety. Better hold tight..

a. KUALA LUMPUR: It’s a sea of red on Bursa Malaysia, with over 1,000 counters ended in red as heavy selling bash down blue chips and small-cap stocks.

b. At 5 pm, the FBM KLCI lost 29.12 points, or 1.95% to 1,464.83, its lowest since November 2020
Foreign investors sell Malaysian stocks at level not seen since last December

By Asila Jalil
June 13, 2022

1.Benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined everyday and fell by 2.85 per cent last week to close at a six-month low of 1,493.95 points last Friday.

2 Bursa Malaysia saw heavy outflow last week as foreign investors net sold RM436.9 million of local equities, a rate not seen since December last year.

3. MIDF Research said in a note that the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined everyday and fell by 2.85 per cent last week to close at a six-month low of 1,493.95 points last Friday.

"Foreign investors were net sellers every trading day of the week from Tuesday to Friday, continuing its net selling trend which started from the previous Thursday (June 2), therefore marking six consecutive days of net selling.

"The steepest net selling days by foreigners were Thursday and Friday at RM189.1 million and RM183.2 million respectively," MIDF Research said in its weekly fund flow report today.

Overall mkt sentiment bad mood..... coffe please

Posted by spielmacher > 2022-06-13 21:35 | Report Abuse

i'm not really getting the negativity towards sapura..or maybe i'm too new to know the game. I mean, the price is not that expensive for u guys to get maybe 100k of shares. The game in my opinion should be mid- or longterm, i would say 3 months. Surely something would happen within this 3 months and if not, i would give it more time.. it's not more than RM 10k to get 100k units of shares right now. Or maybe some of you really go big and hold more than 1 mil shares?

billionman

828 posts

Posted by billionman > 2022-06-13 22:00 | Report Abuse

emmm u correct bro in that sense......i agreed. But again just a matter of holding power and gain benefit time frame... anyway hve a good trading....... chill out ...nite

billionman

828 posts

Posted by billionman > 2022-06-13 22:01 | Report Abuse

lemon ice tea over feringgi beach hahahahaha

cicakman

7,451 posts

Posted by cicakman > 2022-06-13 22:04 | Report Abuse

Hati2 di jalan raya.
Pandu cermat jiwa selamat.

cicakman

7,451 posts

Posted by cicakman > 2022-06-13 22:33 | Report Abuse

Towering Inferno...
help...help... helppp.

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-13 22:36 | Report Abuse

Dow Jone -708 as of now

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-13 22:42 | Report Abuse

Food for Thought
Stock Market History 101
On October 29, 1929, "Black Tuesday" hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. The next day, the panic selling reached its peak with some stocks having no buyers at any price.

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-13 22:49 | Report Abuse

Black Monday (1987)
Dow Jones Industrial Average falls 508 points (22.6%), making it the largest one-day drop by percentage in the index's history.
Black Monday is the name commonly given to the global, sudden, severe, and largely unexpected[1] stock market crash on October 19, 1987. In Australia and New Zealand, the day is also referred to as Black Tuesday because of the time zone difference from other English-speaking countries. All of the twenty-three major world markets experienced a sharp decline in October 1987. When measured in United States dollars, eight markets declined by 20 to 29%, three by 30 to 39% (Malaysia, Mexico and New Zealand),

kyliew

1,397 posts

Posted by kyliew > 2022-06-13 23:14 | Report Abuse

omg get ready my cash to buy dip in the US market stock..... cincai close eyes buy US big4 banking stock like JP Morgan, Bank of America, Wells Fargo & Citi.... Sapura Energy just put into frozen refrigerator

Posted by bullmarket1628 > 2022-06-13 23:18 | Report Abuse

Don’t be panic, after the black Monday is over, then the Prosperity Tuesday, Prosperity Wednesday and so on will be coming very very soon !!!

Heng ah, Ong ah, Huat ah !!!

kyliew

1,397 posts

Posted by kyliew > 2022-06-13 23:23 | Report Abuse

oil price crisis in year 2020 dropped until negative value. if u buy US oil companies that time like Exxon Mobil, Chevron, Shell.....after 2 years u see how value how much now? Next crisis will be triggered due to financial factor (inflation).... im sure banking stock will be hammered very hardly .....now with share market liberalization where u can invest like US market.... why Bursa?

billionman

828 posts

Posted by billionman > 2022-06-13 23:33 | Report Abuse

if banking systrm hammered badly..how on earth SE able to hsve a hair cut.... funders think twice...thripple..nipple ..die man die
..thripp

kyliew

1,397 posts

Posted by kyliew > 2022-06-13 23:42 | Report Abuse

i just analyzed the US big4 banking stock...all "cucuk water" from their peak after C19 crash 2 yrs ago. Let's see how drop back to C19 crash level.....

JP Morgan dropped 32%
BAC dropped 35%
Wells Fargo dropped 33%
Citi dropped 41%

billionman

828 posts

Posted by billionman > 2022-06-14 06:29 | Report Abuse

stay aside and be a good cctv better unless u want thrill and adventure catchinh the falling knives...hve a try

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-14 07:05 | Report Abuse

dow jone further collapsed almost 900 after plunging nearly 900 and 700 days before.
Nasdaq plunging nearly 5 % ( 530 )
GLOBAL RECESSION
seems GLOOOMY " BOOOO CHOWW CCCCCC "
Sharks - Whales in HOT SOUP after failing to entice traders
Special thanks to smarter newbies lately

EVO118

2,114 posts

Posted by EVO118 > 2022-06-14 07:08 | Report Abuse

Time to buy Tesla.

cicakman

7,451 posts

Posted by cicakman > 2022-06-14 07:11 | Report Abuse

Awal betul2 billionman.so global recession and inflation are real.
That's why one of the reasons Petronas increase CapEx.
Like it or not it will takes times and not benefit much.It will be like rojak mamak.
PM@Gamin, MOF got lots of other money matters and country administrations to focus.

BMKG melaporkan.

cicakman

7,451 posts

Posted by cicakman > 2022-06-14 07:18 | Report Abuse

That's why
PRAY HARD FOR "OUR"SAFTEY BY OKU_2020 WON THE I3 AWARDS.

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-14 07:37 | Report Abuse

thanks my fren@Jolly Lizard for the Fantastic Award
O K U = Otai Kuat UMN* = O K U

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-14 07:50 | Report Abuse

FYI
hmmm got " LUCKY " IPO " UNITRAD" 0247 this morning
most likely to trade BELOW the IPO Price
any one to PUNT / TIKAM ??...good luck

cashflow

3,642 posts

Posted by cashflow > 2022-06-14 08:02 | Report Abuse

Folks, nothing is ever linear. The global stock is pulling back due to the following reasons;
1) Rise in interest rates
2) Fear of inflation and increasing cost affecting companies margin.

All these due to rise of Oil and Gas prices too. The energy counters will eventually stabilise to pace up with commodities run. Dow and Nasdaq has pullback but Feds will intervene to stabilise the world economics eventually.

Mabel

24,047 posts

Posted by Mabel > 2022-06-14 08:40 | Report Abuse

cashflow Folks, nothing is ever linear. The global stock is pulling back due to the following reasons;
1) Rise in interest rates
2) Fear of inflation and increasing cost affecting companies margin.

All these due to rise of Oil and Gas prices too. The energy counters will eventually stabilise to pace up with commodities run. Dow and Nasdaq has pullback but Feds will intervene to stabilise the world economics eventually.
14/06/2022 8:02 AM

Very smart observation from Mabel Icon Battleship comrades..

Meow Meow Meow

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-14 08:53 | Report Abuse

Sapu E...hmmm
Sweating fight with Global Recession
BTW....IPO this morning "0247 unitrad"
to plunge & wipe out 16 % at opening ....... ( 5/32 X 100 )
Terduduk
#Azab

billionman

828 posts

Posted by billionman > 2022-06-14 09:27 | Report Abuse

sweating mineral water..or ro water.......

billionman

828 posts

Posted by billionman > 2022-06-14 09:27 | Report Abuse

tq cashflow.... very beneficial analysi and info..tq

billionman

828 posts

Posted by billionman > 2022-06-14 09:29 | Report Abuse

every actions or eventualities.... there must be reasons push and pull factors.. these are the beauty of this forum... complement and supplement unfo...buy or sell call is own devisions..this is the right trading mindset preceived

billionman

828 posts

Posted by billionman > 2022-06-14 09:32 | Report Abuse

own decisions....trade with bullets. or die standing

EVO118

2,114 posts

Posted by EVO118 > 2022-06-14 09:55 | Report Abuse

Sapura Energy and 22 units obtain restraining order until March next year.
https://www.theedgemarkets.com/article/sapura-energy-and-22-units-obtain-restraining-order-until-march-next-year

cicakman

7,451 posts

Posted by cicakman > 2022-06-14 10:02 | Report Abuse

Analogy car and mountain.

This one is Space Shuttle Columbia..kabomm reaching earth atmosphere
Previous was Space Shuttle Challenger explode while going up.

Mabel

24,047 posts

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

Both of our support levels were taken out yesterday following a gap-down move.

The FKLI Index is now approaching the Nov-20 low at 1,449. A very mild bullish divergence signal was spotted in the near term although any short covering is most likely to be capped given overall selling pressure persists. Bias remain downward.

Ironically SE is so steady...

Let's see if the Sharks still have the energy to play monkeys swing here swing there..

Meow

cicakman

7,451 posts

Posted by cicakman > 2022-06-14 11:46 | Report Abuse

Ini kes mcm selipar jepun..

Brain wash and put in mindset.
Possible closing 4.5 cts.

TRexxx

135 posts

Posted by TRexxx > 2022-06-14 11:47 | Report Abuse

Hmm..... Sparng in ICU at the moment... Heart beat still beating, 50/50 chance.....

strattegist

23,459 posts

Posted by strattegist > 2022-06-14 12:16 |

Post removed.Why?

cicakman

7,451 posts

Posted by cicakman > 2022-06-14 12:45 | Report Abuse

Bear going to trap gullible.

TRexxx

135 posts

Posted by TRexxx > 2022-06-14 13:55 | Report Abuse

Wow.... 1.44M queuing for 0.045 this must be hit & run bilis

Ninth007

475 posts

Posted by Ninth007 > 2022-06-14 13:57 | Report Abuse

Financial Year 2022 ("FY2022") was one of the most challenging years in Sapura Energy Berhad's ("Sapura Energy" or the "Group") history. Following the protracted downturn in new investments in the oil and gas sector and the COVID-19 pandemic, Sapura Energy faced severe financial constraints in the year under review.

On 31 May 2022, Sapura Energy made an announcement to Bursa Malaysia stating that it has triggered the prescribed criteria pursuant to the Listing Requirements under Practice Note 17 ("PN17"). The Group has taken steps to regularise its business through a Reset Plan, launched in FY2022.

As a matter of urgency, this means reducing our unsustainable debt burden; reaching an amicable resolution with our vendors on outstanding payments; and fixing operational issues that were mainly the result of unfavourable contracts signed before the pandemic.

Sapura Energy's Board of Directors (the "Board") created a Board Restructuring Task Force ("BRTF") in December 2021, to strengthen our management and governance functions.

We also took a major step towards restructuring our debts in a fair and orderly manner through negotiations with our creditors, when we obtained court orders to begin the Scheme of Arrangement (SOA) process in March 2022.

These orders provided us the necessary space and framework to execute our Reset Plan and the Board is determined to use this opportunity to establish a clear path towards the Group's recovery.

It is important to stress that, despite the current financial difficulties, Sapura Energy maintained competitiveness in the global energy services market; and continued to win work in Malaysia and internationally.

Building on this capability, the Board is confident the Reset Plan is on track to deliver improved results in Financial Year 2023 ("FY2023"), placing us on the right path towards financial and operational stability.

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