Posted by billionman > 2022-07-01 09:39 | Report Abuse

RTO....who dares to commit such huge sinking debt supertanker??

Posted by billionman > 2022-07-01 09:41 | Report Abuse

get hold of the previous BoDs and Ceo for failure in exercising their fiduciary obligations to the company and investors...... no use talk tali..yet those top gunners exited fattterrr

Posted by billionman > 2022-07-01 09:43 | Report Abuse

something like cat and mouse ....games....fishy ......agreed with sailang...bro u rite.....

Posted by cicakman > 2022-07-01 09:46 | Report Abuse

How tipu rakyat?
The monies to assist come from rakyat such as..PNB etc and now nothing much left from investments.
Why PNB is so dumb?
It is politic behind all those decissions making as it is lantikkan politik.
Now,just tumpang luck and hopes.
Happy main kutu.

Posted by Mabel > 2022-07-01 10:01 | Report Abuse

Haha Good Morning Uncles and Aunties..

Mabel just wake up after sleeping like a Baby. Enjoying Orange Juices and Milk while waiting for my Nanny to bring some breakfast..

Last night Mabel has a great time attending Dinner Function. Life is so beautiful..

Our KL Energy Index has been trading at a divergence from the rally in the Brent Oil Price throughout 2021-2022. One of the main reason is due to SD and SE market cap has fallen due to Old Uncles and Aunties Gossips..

However, there are definitely few winners in Mabel's line up of Battleships and Super tankers..Now you know why Mabel is so Goyang Kaki unlike all the uncles here working so hard..

Once more good news is out and SE is out of PN17, many Silence Smart Investors starts coming in like what happened recently..

Nice...Mabel breakfast is ready..

Have a great time !

Meow Meow Meow

Posted by cicakman > 2022-07-01 10:10 | Report Abuse

The Untold Stories of Janda Keriput otw.

Posted by cicakman > 2022-07-01 10:17 | Report Abuse

Lorrrr ...look at the top 30 volume.
Volume are so so very low.
Generaly,not to touch anything,it is bear trap behaviours.

Posted by Mabel > 2022-07-01 10:45 | Report Abuse

#cicakman The Untold Stories of Janda Keriput otw.
01/07/2022 10:10 AM

Here is another alternatives...Come and join Mabel in these companies. Pretty Safe. No need to swing here swing there following the candlesticks for some peanuts..

Tech Manufacturing / Semiconductor Sector - Tops Net Cash Companies in Bursa. $INARI $MPI $PENTA $DNEX $GREATEC appears in top 30 net cash position companies in Bursa of which, these companies have more than RM350m in their coffers free of debt!

Meow

Posted by cicakman > 2022-07-01 10:51 | Report Abuse

Best comments goes to Legend quote by Tun.

Macamana sapula krepot bolih jadi rugi begitu besar?

There was lots of untold stories behind it.
Researchers quote it is too late.The restructure should come in few years back.

Posted by billionman > 2022-07-01 11:06 | Report Abuse

hahahahaaaa

bfast nasi lemak steaming hot coffeee ....

Posted by Understand > 2022-07-01 11:18 | Report Abuse

Ahyo lost so much , until every minute have to post your failure.

Posted by strattegist > 2022-07-01 11:41 |

Post removed.Why?

Posted by billionman > 2022-07-01 11:54 | Report Abuse

Publish date: Tue, 28 Jun 2022, 09:22 AM
1. YoY still saw losses widening on the back of slower works. YoY, losses widened by 41%, in tandem with the deteriorated revenue, on the back of slower works done for its E&C following several project completions, coupled with lower rig utilisation and charter rates for its drilling segment.

2. auditors expressing material uncertainty relating to its financials looking highly unsustainable and outlook remaining bleak, .


3.The group still carries an unsustainably high debt of ~RM10.7b – all of which are classified as short-term borrowings in its balance sheet, with the group having recently written off 99% of its equity book value in FY22.

4 Mitigation effort .
-The group is still finding access to credit facilities incredibly challenging given its dire financials.
- continuing its restructuring efforts in order to remain afloat
- renegotiation of its legacy contracts and with lenders over its debts,
- implementation of a divestment plan.

On a more positive trade off
-managed a successful drawdown of a RM300m working capital loan, securitised against the proceeds of disposal of its Sapura 3000 asset, which is expected to be completed in July. expected to help ease its liquidity issues at least for the next couple of months.

Maintain UNDERPERFORM..... home to rest for 9 months ...then wake up hope still afloat

Posted by Understand > 2022-07-01 11:55 | Report Abuse

There is really not high probability to loose in a share market unless you are whaller or shark. If you're losing means, you have not did the Maths right, or having sufficient resource to be in the game.

Posted by cicakman > 2022-07-01 12:16 | Report Abuse

Anyone know how PLCs do CapEx or Budgets when expects Inflations and Recessions?

Posted by Mabel > 2022-07-01 12:29 | Report Abuse

#Understand There is really not high probability to loose in a share market unless you are whaller or shark. If you're losing means, you have not did the Maths right, or having sufficient resource to be in the game.
01/07/2022 11:55 AM

Understand is pretty smart..

Our KL Energy Index has been trading at a divergence from the rally in the Brent Oil Price throughout 2021-2022. One of the main reason is due to SD and SE market cap has fallen due to Old Uncles and Aunties Gossips..

However, there are definitely few winners in Mabel's line up of Battleships and Super tankers. Now you know why Mabel is so relax Goyang Kaki unlike some uncles and aunties here working so hard..

Once more good news is out and SE is out of PN17, many Silence Smart Investors starts cumming in like what happened recently..

To Our Eagles..

Meow Meow Meow

Posted by billionman > 2022-07-01 12:56 | Report Abuse

sapnrg wearing masks......hahaaaa oligarchs playground...hope bilis will survive through..if not paralysed..

Posted by Mabel > 2022-07-01 12:57 | Report Abuse

Haha Great Job Uncles...please press down..

Mabel feel very generous today. So Mabel will be waiting from 4 sen, 3.5 sen. 3 sen ad 2.5 sen....Now hand very itchy to collect..

Meow Meow Meow

Posted by TRexxx > 2022-07-01 13:16 | Report Abuse

Posted by Mabel > 15 minutes ago | Report Abuse

Haha Great Job Uncles...please press down..

Mabel feel very generous today. So Mabel will be waiting from 4 sen, 3.5 sen. 3 sen ad 2.5 sen....Now hand very itchy to collect..

Meow Meow Meow

Hahaha.....

Itchy.. Itchy..

Once ur hand are itchy, just Q it...

Hahaha....

Posted by Understand > 2022-07-01 13:57 | Report Abuse

You are not buying , what is your intention on bringing it down. Really don't get.

Posted by billionman > 2022-07-01 14:30 | Report Abuse

true..that fact hard to digest....big boys fatter and fatter away in caribeeean sea

Posted by OKU_2020 > 2022-07-01 14:31 |

Post removed.Why?

Posted by Understand > 2022-07-01 14:33 | Report Abuse

Nah I doubt so. You must had lost alot.
Seriously doing charitable work ?
Doesn't make any sense

Posted by cicakman > 2022-07-01 14:46 | Report Abuse

If you understand what is CapEx/Budget and how it is being done later got to go through various stringent process then Petronas budget have nothing much to do with Saprng.
Currently Petronas can do own good business without needs to carry other ppl burden and can make big profits.
Pro can think how CapEx being done before all are being verified and approved.

Posted by Understand > 2022-07-01 14:53 | Report Abuse

Ahya the pros and cons on this counter is well known.
What I cannot understand, what is the intention posting the cons all the time and repeatedly.
Not even buying. Serious waste of time.

Posted by duitkopi > 2022-07-01 15:32 | Report Abuse

they are the protectors of public funds ma.. super hero help ikan bilis like that la

Posted by OKU_2020 > 2022-07-01 15:33 | Report Abuse

Doing Social Obligation especially on Innocent newbies

Posted by OKU_2020 > 2022-07-01 15:34 | Report Abuse

Expecting TSUNAMEE anytime....

Posted by Understand > 2022-07-01 15:41 | Report Abuse

I think these people are past losers. Clear saint mind won't keep posting cons stuff unless they have intention to buy low. For sapura I think is already saturated. Collecting time.

Posted by cicakman > 2022-07-01 16:19 | Report Abuse

Buy high,sell low.
Runnnnnn..

Posted by strattegist > 2022-07-01 16:45 |

Post removed.Why?

Posted by cicakman > 2022-07-01 16:52 | Report Abuse

Today final results is DRAW..0-0
NO yeahhh...or yes or horrayyy.

Posted by OKU_2020 > 2022-07-01 17:15 |

Post removed.Why?

Posted by cicakman > 2022-07-01 17:26 | Report Abuse

Hussshhh macam bunyi bommm tu.

Posted by IronShirt > 2022-07-01 20:16 | Report Abuse

Bursa extend SCOMI regularisation plan ( Pn17) from Dec 2019 to Dec 2022 ( 3years ) Dont think SAP
needs that long, once SAP sold all their Drilling Rigs plus Barges and enough Cash for Operation. Bankers
will roll back short term loan to long term loan........most important is no haircut for bankers

Posted by Nikmon > 2022-07-01 20:27 | Report Abuse

500 million interest cost per year, haircut is a must...

Posted by Nikmon > 2022-07-01 20:30 | Report Abuse

As stated, SAP plan to sell 3 rigs only
11 are contracted..

Posted by IronShirt > 2022-07-01 20:33 | Report Abuse

How about Debt / Equity Swap to "white Horse"??

Posted by IronShirt > 2022-07-01 20:35 | Report Abuse

You can Sell All the Rigs ..."Lock stock and Barrel "...meaning Contracts and Rigs together

Posted by Nikmon > 2022-07-01 20:35 | Report Abuse

Total 16 billion debt, which white horse got such appetite if without haircut.

Posted by IronShirt > 2022-07-01 20:38 | Report Abuse

Even reduce Half 8Bil Debt, SAP can survive if Oil remains at $100. I think Oil price is saving SAP

Posted by Nikmon > 2022-07-01 20:48 | Report Abuse

3 bil out of 8bill need to pay to sub contractor immediately if 50% haircut. else will bankrupcy. Then need another 2 bil as stated earlier for operation and biding..

Posted by Nikmon > 2022-07-01 20:52 | Report Abuse

Check the upstream news, sub contractor hold goods and deliverables because SAP didn't pay early of this year.

Posted by Understand > 2022-07-01 20:53 | Report Abuse

The drilling rig business was bought at USD 2.85bil. It is usefull both ways. Either sell off or continue drilling. Some rigs can be very expensive. Maybe no buyer yet.

Posted by Depeche > 2022-07-01 20:55 | Report Abuse

Whack few million shares and wait 3 to 5 years....tp 0.50 will do...

Posted by Good123 > 2022-07-01 21:13 | Report Abuse

CAPITAL REDUCTION IS INEVITABLE.... HAIR CUT DAH PASTI... SEE WHO KENA HENTAM NANTI

Posted by Good123 > 2022-07-01 21:14 | Report Abuse

TERLALU BANYAK HUTANG MACAM TAK TERHINGGA,,,, SUSAH... MACAM MAU MAMPUS DAH

Posted by Good123 > 2022-07-01 21:15 | Report Abuse

FI PENGARAH2 PULAK MACAM TAIK PULAK...

SIAL BETUL!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Mabel > 2022-07-01 23:15 | Report Abuse

#TRexxx Posted by Mabel > 15 minutes ago

Haha Great Job Uncles...please press down..

Mabel feel very generous today. So Mabel will be waiting from 4 sen, 3.5 sen. 3 sen ad 2.5 sen....Now hand very itchy to collect..

Meow Meow Meow

Hahaha.....

Itchy.. Itchy..

Once ur hand are itchy, just Q it...

Hahaha....
01/07/2022 1:16 PM

Done! Our KL Energy Index has been trading at a divergence from the rally in the Brent Oil Price throughout 2021-2022. One of the main reason is due to SD and SE market cap has fallen due to Old Uncles and Aunties Gossips..

However, there are definitely few winners in Mabel's line up of Battleships and Super tankers like Pchem, Dialog, Hibiscus, Dayang, Dnex, Heng Yuan and Yinson. Now you know why Mabel is so relax Goyang Kaki unlike some uncles and aunties here working so hard 24x7...

Once more good news is out and SE and SD are out of PN17, many Silence Smart Investors starts cumming in like what happened recently..

Dnex is already up and running full speed. Now waiting for SE and SD for another potential turnaround stories..

To Our Eagles!

Meow Meow Meow

Posted by OKU_2020 > 2022-07-01 23:49 | Report Abuse

Good123

TERLALU BANYAK HUTANG MACAM TAK TERHINGGA,,,, SUSAH... MACAM MAU MAMPUS DAH

2 hours ago


Good123

FI PENGARAH2 PULAK MACAM TAIK PULAK...

SIAL BETUL!!!!!!!!!!!!!!!!!!!!!!!!
-------
hmmm....SIO*