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 10 hours ago

billionman

828 posts

Posted by billionman > 2022-06-15 20:40 | Report Abuse


hahaha. .nice joke..no stress

Publish date: Mon, 13 Jun 2022, lookout ( in summarily for this week guidance)

TECHNICAL OUTLOOK: KLCI
KLCI fell 15.8 pts to 1,494.95 for a 7th consecutive losing streak. Following the 1,500 psychological support breakdown and an extended Wall St slump last Friday, KLCI may tumble further this week towards 1,452-1,475-1,485 zones before staging a potential oversold rebound. Nevertheless, any technical rebound may face stiff resistances near 1507-1,531-1,554 levels.

Bearish breakdown below 1500 may trigger further selloff towards 1452-1475-1485 zones likely

MARKET OUTLOOK
Tracking Wall St slump and ahead of the widely-focused outcome 13-14 June FOMC meeting, Bursa Malaysia is likely to witness roller coaster ride with key downside supports at 1,452-1,475- 1,485 zones after closing below 1,500. Meanwhile, any technical rebound could face stiff hurdles at 1507-1,531-1,554 due to prevalent turbulences, in the light of (i) elevated inflation, (ii) hawkish Fed, (iii) protracted Russia-Ukraine war, (iv) renewed political fluidity amid speculation of GE15 in 2H22, and (v) a resumption of foreign selling. We continue to approach these dynamics by staying defensive, diversified and patient

billionman

828 posts

Posted by billionman > 2022-06-15 21:14 | Report Abuse

just precautions views...Investors should brace for further impact as the near-term outlook for the Malaysian stock market is unflattering, with US stocks sinking into bear territory.

An analyst even recommended investors hold more cash than equities, considering the mounting risks globally including recessionary fears and inflationary pressures.

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-06-15 22:42 | Report Abuse

Warren Buffett >> " BE GREEEEEEEEEEEEEDY when others are SHIVERINGGGGG "

Understand

1,034 posts

Posted by Understand > 2022-06-15 23:04 | Report Abuse

BIMB buy call sapura. Rm1.5.

Vicky

1,570 posts

Posted by Vicky > 2022-06-15 23:06 | Report Abuse

BIMB is sick. This is a PN17 company !!!

billionman

828 posts

Posted by billionman > 2022-06-16 07:28 | Report Abuse

even epf exit much early in 2018..detecting discrepancies and avoiding non profitable company ..reduced to No ROI to him.... yet BIMB made a IN move..either very misleading or BIMB. making unwise decisions

billionman

828 posts

Posted by billionman > 2022-06-16 07:51 | Report Abuse

yyyeeah rite silang. mr Understand is very misleading
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Posted by Understand > 8 hours ago | Report Abuse
BIMB buy call sapura. Rm1.5.

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Look here analysis TP by varrious funders.
focus at BIMB TP..it has been it has been 0.15 cents since last year...where is the rational and justifiable for it...


>>DATE>>PRICE >TP
2022-06-07 0.055 0.15 +0.095 (172.73%) BUY BIMB

2022-05-31 0.085 0.05 -0.035 (41.18%) HOLD PUBLIC BANK

2022-04-04 0.04 0.03 -0.01 (25.00%) SELL PUBLIC BANK

2022-04-01 0.04 0.03 -0.01 (25.00%) SELL PUBLIC BANK


2022-03-21 0.035 0.02 -0.015 (42.86%) SELL RHB-OSK

2022-03-21 0.035 0.03 -0.005 (14.29%) SELL PUBLIC BANK

2022-03-20 0.04 0.01 -0.03 (75.00%) SELL HLG

2022-03-11 0.04 0.03 -0.01 (25.00%) SELL AmInvest

2022-02-07 0.055 0.05 -0.005 (9.09%) HOLD HLG

2022-02-07 0.055 0.03 -0.025 (45.45%) SELL AmInvest

2021-12-14 0.05 0.04 -0.01 (20.00%) SELL KENANGA


2021-12-14 0.05 0.15 +0.10 (200.00%) BUY BIMB

2021-10-14 0.105 0.15 +0.045 (42.86% )BUY BIMB

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 08:00 | Report Abuse

Sailang...me no school,Funded debt converted to equity apa jenis restructure tu?

I always read but same times always failed to understand.

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 08:04 | Report Abuse

Mengantuk ,tu yg salah decimal point.

billionman

828 posts

Posted by billionman > 2022-06-16 08:08 | Report Abuse

hahahaa likely........it ok just trying to be fair on SE to and investors

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 08:11 | Report Abuse

It is not 9 to 1.

Bank of Crupto
Chettiah Group of Bang.

11 to 1

billionman

828 posts

Posted by billionman > 2022-06-16 08:18 | Report Abuse

Posted by cicakman > 8 minutes ago | Report Abuse

Sailang...me no school,Funded debt converted to equity apa jenis restructure tu?

I always read but same times always failed to understand.

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this does not look like restructrue..it just trade off settling old debts. Creditors are on doorsteps..ahlong..... coming for her end up term repayment termed loan..... lucky court power happens to come to the rescue delay tactics give SE more oxygen at least another 9 months on machine heart beat ..excuses and reasons emmm just mockeries ? why./Look at other O&G siblings...doing not as bad as SE.. manageable and sustainable..

In summarily NTA as indicators basically for the health SE ..NTA=0.02 cents??? what to expect then. either will stuck here for long holding or die

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 08:31 | Report Abuse

No wonder lahhh ppl always say "my 2 cts view"
Spelling mistake tu long holi'day not 'ing

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-16 08:34 |

Post removed.Why?

r12047

36 posts

Posted by r12047 > 2022-06-16 08:42 | Report Abuse

a lot of butt-heads here...posting non-stop...woke-up very early to post..badmouthing SE...blah...blah... If you not positively interested in this counter, your comments are NOT welcomed, valued or taken seriously.

billionman

828 posts

Posted by billionman > 2022-06-16 08:50 | Report Abuse

Please be factual and be FAIR to PETRONAS too.... just to share the facts....... so that we can make a wise decisons if not wiser

Kasawari phase two setback knocks Sapura Energy
Malaysian contractor selling off assets to help stay afloat as it looks to be missing out on major domestic contract

2 December 2021 6:25 GMT UPDATED 2 December 2021 11:14 GMT
By Nishant Ugal , Amanda Battersby , Russell Searancke and Iain Esau in New Delhi , London and Wellington
Cash-strapped Malaysian company Sapura Energy looks to have been dealt a blow by failing to qualify for Petronas' prized Kasawari phase two front-end engineering and design contract, with the contractor’s financial woes said to be a determining factor.

Market insiders had expected Sapura to be pitted against Malaysia Marine & Heavy Engineering (MMHE) — with its respective engineering partners — for the lucrative Kasawari phase two job, but several sources told Upstream that Petronas has sent invitation to bid documents to South Korea’s Hyundai Heavy Industries, instead of Sapura.

EVO118

2,114 posts

Posted by EVO118 > 2022-06-16 08:55 | Report Abuse

sailang_now
OLD NEWS.

Mabel

24,044 posts

Posted by Mabel > 2022-06-16 08:59 | Report Abuse

#Understand I think that is Bob. He is a horny boy.
12/06/2022 4:21 PM

Understand Becarefull girls , many complain Bob being very Ham sap and horny.
15/06/2022 7:03 PM

Haha Booby get so horny because he and his 3 Stooges are playing Swing here and Swing there like Monkeys in SD..

Now has to sell his Cap Ayam Software Platform to buy perfume and panties at Mabel's Body Shops and Mabel's World Femes Parkson..

Poor Booby...

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 09:01 | Report Abuse

Thank Sailang/ billionman for explainations..then if diluted,can it be a consolidations?

billionman

828 posts

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



please self read here for facts.

Analysis .
This likely the main reasons PNB confidently acquired 39.6 % stake in SE.......... based on this impetus. But it turn to be mess up with SE own strategy inviting PNB to commit. LIKELY looking at the lucrative prospects for gain for Phase 2 projects out of KASAWARI planned 4 phases. LOOK AT THE CHRONOLOGY DATE AND TIMING FOR THE ACTIIVITIES ...surely it will knock some sense logical sense if not all.

BINGO

https://www.offshore-technology.com/projects/kasawari-gas-development-...
Contractors involved in Kasawari gas development project

written :PROJECT
8 January 2020

MMC Oil & Gas Engineering (MMCOG) was contracted to provide engineering design services for the facilities.

In October 2019, Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) was contracted by PETRONAS Carigali to deliver engineering, procurement, construction, installation and commissioning (EPCIC) services for the project.

White Quest Synergy was contracted to design safety case and performance standards for the Front-End Engineering Design (FEED) project, while Golden Ecosystem was appointed as the EIA consultant to conduct the environmental study.

Cash-strapped Malaysian company Sapura Energy looks to have been dealt a blow by failing to qualify for Petronas' prized Kasawari phase two front-end engineering and design contract, with the contractor’s financial woes said to be a determining factor.

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-16 09:23 | Report Abuse

Beware... Dow Jone / Bursa merely Dead Cat Bounce OR local OLD COCONUT fall & a bit bouncing.... Hmmm Bobby Trap
.

Understand

1,034 posts

Posted by Understand > 2022-06-16 09:24 | Report Abuse

Under-No-stand also No-pass-maths........RM0.15 he thinks it's RM1.50..........don't know which hole he'd crawl into next..........so shameful lah

Ahya just want see who easily got conned ma. Got the answer.
Bob I am pretty sure I'll beat you in Math's.

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-16 09:24 | Report Abuse

enjoy rebound.. more drop coming.

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-16 09:25 | Report Abuse

75 basis point is good for US market --> fight inflation. But.. it is very bad for us.. lol..

nicholas99

9,863 posts

Posted by nicholas99 > 2022-06-16 09:25 | Report Abuse

smart money will run first.

billionman

828 posts

Posted by billionman > 2022-06-16 09:42 | Report Abuse

Posted by sailang_now > 6 minutes ago | Report Abuse

cicakman
Sailang...me no school,Funded debt converted to equity apa jenis restructure tu?
I always read but same times always failed to understand.

Correct me if wrong...what it means is the RM10.5B & RM2B+ owing to contractors for services will be converted to shares (equity) in SEB leading to dilution of shareholders value. Imagine RM12.5B in debts converted to more shares...at current share price of 5sens, SEB has to issue another 250B shares on top of current issued shares of 15.9B?

...................................................................................................................................
PETRONAS DAGANG base share merely 993 mil shares in the market @RM20.44 current.......

its must be non competitive then if a company having 15.9 billion shares + additional 250 billion shares ( RM12.5 billion worth shares as mentioned @ current price calculation )) total of .... 265.9 billion shares.... weird and ridiculous initiatives

billionman

828 posts

Posted by billionman > 2022-06-16 09:43 | Report Abuse

Posted by sailang_now > 29 minutes ago | Report Abuse

Could be possible...as RM12.5B debts after converted to equity would inflate issues shares from current 15.9B to 265.9B shares of 5sens each. Later if do a 10:1 shares consolidation will be 26.5B shares at 50sens each?
...................................

silang you make a valid point there..it could happen too Boleh Land hahahaha

billionman

828 posts

Posted by billionman > 2022-06-16 09:51 | Report Abuse


1. investors will cursed like shit till doomsday likely hahahaa if happens
2.smart tag or just touch and go even can use rfid
3.can hold but be prepared die hard hahahaa cos u re holding a zombie ticket to zombie land
4. trade on own decisions ..US mrkt bearish environment......... is looming more to come typhoon

DickyMe4

179 posts

Posted by DickyMe4 > 2022-06-16 09:52 | Report Abuse

Abu bin Hangus

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 09:58 | Report Abuse

Soalan Bonus for billionman based on your experiences.
Lets say you are MOF what will be the best solutions to get out from these mess?

billionman

828 posts

Posted by billionman > 2022-06-16 10:00 | Report Abuse

the game just on.
EPF made a wiser move shying off 2018...
PNB got cornered no land to run already committed holding 39.6% 2019 .....its facts

now....new chapters all ex top gunners ex Petronas ..velesto recruited back into top mngmt..... PETRONAS sure aware of the musical chair being played... Up to investors imagination how they perceived and analysed fm this chess moves. Strategy within strategy ....jig saw puzzled depend on how u identified things ..problem statements facts and linkages.. Its tough cos added by magic wands and hidden hands of oligarchs governance.

trade on own risk just sharing views and logical moves based on whats is happening and market development local and global imperatives.

happy trading all

billionman

828 posts

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

Posted by cicakman > 1 minute ago | Report Abuse

Soalan Bonus for billionman based on your experiences.
Lets say you are MOF what will be the best solutions to get out from these mess?

............................
thank you for sharing mindset
to be honest i m proud too for SE adventure and innovative but hardly sad of it performances and outcomes due to many shortcomings and failure in best practices especially in negotiating financial footpath which are the heart and soul for an organisation at MNC level of the same Its being bleeding unattended seriously years back and too add to the calamity c19 and downturn of global o&g sectors.. but this does not make a good excuses because as a giant MNC its must have contingencies, intervention and cut off point at much earlier stage....just hve a look at her siblings.. steady at least not in mammoth laden with debt snowballing... unmanageable and coming to bankruptcy level..but again.....

to answer your request sharing chicakman.... me too sceptical about it......wait early morning for inspiration to come.......
me just a humble player too up and down....along the trading trail learning curve try to learn from u all too...... hahahaa

billionman

828 posts

Posted by billionman > 2022-06-16 10:20 | Report Abuse

the best solution is when the outcomes of the saga exhibits constructively positive ROI........its left to the risk committee of the company to juggled the parameters in control within and external ...... i think.......

Mabel

24,044 posts

Posted by Mabel > 2022-06-16 10:21 | Report Abuse

nicholas99 smart money will run first.
16/06/2022 9:25 AM

...and smart Investor will collect quietly..

Meow

Huangbk72

5,020 posts

Posted by Huangbk72 > 2022-06-16 10:24 | Report Abuse

LOL..

So ConMabel admitted not being a smart investor.. cos he collected so noisily.

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 10:35 | Report Abuse

Billionman,you have very strong good points in most comments and not
Ching Chong Fan.
Others good oso but good for nothing.. wakahh kahh.
However not to mentions there are still some good ppl too

Mabel

24,044 posts

Posted by Mabel > 2022-06-16 11:11 | Report Abuse

Huangbk72 LOL..

So ConMabel admitted not being a smart investor.. cos he collected so noisily.

16/06/2022 10:24 AM

Haha one of Mabel's 3 Stooges Secret Admirers is also here..

Lai Lai Lai Cum Cum Cum...

One day you will thanks Mabel..

Meow

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 11:34 | Report Abuse

Pro good for cheating ppl.

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 11:36 | Report Abuse

Angkol,ada beerka?

cicakman

7,451 posts

Posted by cicakman > 2022-06-16 11:43 | Report Abuse

Look at all the 60 top volumes.
Trend will be more or less for nexts few months.
Sitting...222222..

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-16 11:50 |

Post removed.Why?

Posted by Tristanharrell011 > 2022-06-16 11:53 | Report Abuse

Good in trade, not for hold. Hold =holland

DickyMe4

179 posts

Posted by DickyMe4 > 2022-06-16 12:11 | Report Abuse

"KUALA LUMPUR (June 14): Sapura Energy Bhd and 22 of its wholly-owned subsidiaries have obtained a nine-month extension of the restraining order (RO) from the High Court against their creditors."

Life support granted by high court which is highly questionable.
This kind of maneuvering and dodging indicates slimy and dishonest business practices which are highly frowned upon by big investors.
How to attract FDI with these kind of malpractices and which vendor is willing to be a scapegoat?

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-06-16 12:41 | Report Abuse

@DickyMe4
How to attract FDI with these kind of malpractices and which vendor is willing to be a scapegoat?
-----
Only in America ...!.... Opsss Only in the Boleh Land

TRexxx

135 posts

Posted by TRexxx > 2022-06-16 12:49 | Report Abuse

@Superlimit88
Give a shout out.

Mabel

24,044 posts

Posted by Mabel > 2022-06-16 13:20 | Report Abuse

Now you know Mabel is very keen to save our National Heritage.. Sapura has assets like oil and gas fields that is already producing 40k barrels per day and ramping up to 100k per day in 2 years via their 50% stake in Sapura OMV. In 2019, they sold this 50% share to OMV for RM4b when oil prices were lower. Today it is worth easily RM6b due to higher oil prices. Sapura also has RM7b contracts in hand, 12 tender oil rigs (largest fleet in world) and many many offshore ships. On top of that Sapnrg has National Gas reserve worth RM 110 billion. It is the largest O&G support asset owner in Malaysia and 2nd largest in world.

Unlike SD, most Sap losses are impairment losses ( not cash losses). If Sap losses ( if Real ), Bankers will want their money back immediately. This impairment can be write back if they can step up to the next level...

Captain Mabel Meow

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-16 13:30 |

Post removed.Why?

Mabel

24,044 posts

Posted by Mabel > 2022-06-16 13:33 | Report Abuse

HARGA MINYAK | Harga RON97 naik 11 sen

Harga runcit produk petroleum bagi tempoh 16 Jun 2022 hingga 22 Jun 2022 ditetapkan seperti berikut:

RON95: RM2.05 / liter
RON97: RM4.83 / liter
Diesel: RM 2.15 / liter

Buletin TV3

Do you think G, will just let these 3 Chickens go away?

Haha...3 Stooges...please do your job...Keep swinging...swing here..swing there...

To Our Chickens!

Meow Meow Meow

Mabel

24,044 posts

Posted by Mabel > 2022-06-16 13:36 | Report Abuse

#BobAxelrod AhKua longkang cat counting sheep ke? Trying to sleep in the middle of the day? You??? You said you'll save a National Heritage???? Hahahahaha...my toes are laughing..
How much is NTA if you said they are worth so much? Don't know??? No need to count chicken before the eggs are hatched.....so bodoooooh... Salaries and perks are impairment losses???? Can write back one ahhhh???? So stupeeeed.....

Talked to my friend in USA......told him very, very gud company......SAP is only at USD0.01 cent......he told me to stop cracking jokes....hahahaha
16/06/2022 1:30 PM

Haha Now you understand why Mabel very Goyang Kaki in SD and Dnex. Mabel just let these 3 Stooges and the 7 Dwarfs continue to play swing here, swing there..SD and Dnex are so steady...

Stock: [SAPNRG]: SAPURA ENERGY BHD

May 27, 2022 5:51 PM | Report Abuse

Understand Miau scad already. Every counter people who got conned by her miau miau skill now calling her Con Mabel.
27/05/2022 12:26 PM

Understand I think Bob also got Conned by Mabel. He see got leng lui. Leng lui say buy and miau say meow meow meow tq, so he follow. Then after that Leng Lui say no money leng chai, buy la. Bob think again, uhh leng lui call buy again, whoh...sweat.... Ok buy. After a few time got conned, BOB got no more money. He ask Leng Lui, no money dy how ahh.
Miau say , no money. Hmmmm. What's your name again.
And there after, BOB follow Mabel where ever she goes and then start calling Mabel all sort of name. To name Con Mabel, Akua...
.. buy at you own risk..
27/05/2022 12:53 PM

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-16 13:39 |

Post removed.Why?

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