Posted by Yu_and_Mee > 2022-09-05 15:07 | Report Abuse

They never drill down the real root cause of the problem. Why? Because either the real problem cannot be resolved or they don't like to resolve. Once restructured, if price shoot up, time to sell. Just my view. I do hope I'm wrong.

Posted by Yu_and_Mee > 2022-09-05 15:10 | Report Abuse

Not to mention keep losing money or unable to sustain earning. Even can sustain earning, with 15,979.08 million shares, nearly 16B shares, how to boost the EPS?

Posted by Yu_and_Mee > 2022-09-05 15:14 | Report Abuse

With debt of 20 times of cash on hand, how to run business? This industry need cash to run.
Restructuring = share consolidation? 16:1, then still 10B shares, or be more aggressive to 160:1 to make 1B shares? Stock price = 7.20? If really 7.20, sure one day back to 0.10. Then share consolidation again 3:1 to make 300m shares with 0.30?

Posted by Yu_and_Mee > 2022-09-05 15:15 | Report Abuse

this outstanding shares just like last time vivocom.
mirror to see. good luck

Posted by Ninth007 > 2022-09-05 15:17 | Report Abuse

Uncle runrunrun
Aiyoyo
Why lah keep no close shop as your wish yet
Or at least touch 3 cents
Hahahahahaha

Posted by OKU_2020 > 2022-09-05 15:27 | Report Abuse

Sap E >> PN 17 co. beyond repair
NO CURE

Posted by Mabel > 2022-09-05 16:02 | Report Abuse

Haha now Mabel Sap up by 11% oledi..

Meow

Posted by TalkNumberOne > 2022-09-05 16:51 | Report Abuse

Thank you for the walking joke, indeed boring days you need walking joke to cheer you. Thank you, uncle sincerely from my heart for cheering me up as a walking joke - a.k.a joker

Posted by kyliew > 2022-09-05 16:53 | Report Abuse

Sapura Energy gets Bank Negara’s nod to restructure debts with multicurrency facilities lenders

https://www.theedgemarkets.com/article/sapura-energy-gets-bank-negaras-nod-restructure-debts-multicurrency-facilities-lenders

Posted by Bmw X5 > 2022-09-05 16:58 | Report Abuse

Positive news to spur put of PN17 status soon ...woo hoo

Posted by Bmw X5 > 2022-09-05 17:02 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/09/05/sapura-energy-cdrc-to-mediate-debt-revamp-with-lenders-operations-to-run-as-usual

Posted by OKU_2020 > 2022-09-05 17:05 | Report Abuse

Sick Cap Ayam PN 17 Sapu E Collapsed 10 %......
#Otai.........O K U = Otai Kuat Umno = OKU

Posted by Mabel > 2022-09-05 18:26 | Report Abuse

One of the best news today

Thank you for sharing..

Meow Meow Meow

Posted by OKU_2020 > 2022-09-05 20:27 | Report Abuse

Hmmm...got to THROWWWWWWW Cold Water on this
Nothing to shout....NO surprise - recycle news- discounted edi...
#Otai...

Posted by Bmw X5 > 2022-09-05 21:02 | Report Abuse

Relax and chill ...throw on great news buy and buy higher later...business as usual ....steady lar SE

Posted by kyliew > 2022-09-05 23:16 | Report Abuse

Sapura Energy can meet deadline

KUALA LUMPUR: Sapura Energy Bhd will be able to meet the deadline of its debt restructuring, building on the optimism of its business regularisation, also known as the Reset Plan, group chief executive officer Datuk Mohd Anuar Taib said.

Anuar said with the company in the process of refinancing its RM10.3 billion debt, it was in the interest of everybody across the board in working towards resolving the issue.

"Carrying RM10.3 billion debt is not sustainable. It's all about building a sustainable Sapura Energy that can continue to do business which would be beneficial for everybody - the banks, our shareholders, our vendors and our clients.

"This is why we need to restructure our debt to move forward, so that we have enough cash to pay our vendors because it is important for us to pay the vendors. In my mind, a healthy sustainable Sapura Energy, even if it is smaller, is a much better than a liquidated Sapura Energy. We have brought in RM15 billion worth of work into Malaysia since 2010."*

Posted by OKU_2020 > 2022-09-05 23:36 | Report Abuse

PN 17 Sapu E to Rest In Peace (RIP) @ 1 sen - HLB

Posted by cashflow > 2022-09-06 00:53 | Report Abuse

Wow, much awaited news from lenders support!. No wonder support volume go thicker today on insider news. Tomorrow break 5 cents for sure. If lending warranted by BNM, hot news wo!

https://www.thestar.com.my/business/business-news/2022/09/05/sapura-energy-cdrc-to-mediate-debt-revamp-with-lenders-operations-to-run-as-usual

Posted by bullmarket1628 > 2022-09-06 07:06 |

Post removed.Why?

Posted by Bmw X5 > 2022-09-06 07:36 | Report Abuse

Bankers here to make money by lowballing TP to Naive billis or weak holders to throw at loss at cheapest

Posted by Bmw X5 > 2022-09-06 07:39 | Report Abuse

Believe both political and guts feels SE won't PN17 too much pressure but BNM also steps up support!!! Apa takut bossku ? Guess if PN17 lifted this counter will suspend ...awaiting orders from the TOP .

Posted by Bmw X5 > 2022-09-06 07:42 | Report Abuse

Maybank is the invisible giant support ...how to allow it to collasped ? Last QR still can profit 90mil ....means got hope .Not easy to PN17 when there is profit ...agree?

Posted by cashflow > 2022-09-06 08:47 | Report Abuse

Strong sentiment can push to 6 cents this week, and long term before next QR cycle past 10 cents

Posted by JJchan > 2022-09-06 09:04 | Report Abuse

Most SAP Directors have almost no holdings of any shares except one or two ____very small amount.
When SAP management said they have plan to resolve its Debt, it won't be one to prevent Directors from
going Bankrupt. So i believe its plan is Not twisted to safe Directors themselves___usually workable within
commercial settings____Bank Negara might has already seen the proposal or else CRDC wonT even bother
to get involved

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

Nothing... Ice Cold
Cehhh.... Impoten*

Posted by OKU_2020 > 2022-09-06 09:08 | Report Abuse

Beyond Repair - NO CURE
TO RIP {Rest In Peace} @ 1 SEN - HLB

Posted by TalkNumberOne > 2022-09-06 09:38 | Report Abuse

Chill la guys, dont react to beyond repair uncle. Just chill and watch Uncle money lost already, wife runnn already, house collapse already, domino pizza also cannot get, thats why no cure and beyond repair sleeping in coffin resting in peace

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

Uncle everyday cry also cannot break 45 sens. Uncle cheering Up when he bought at RM4.50 but keep on dropping to 45 sens. Uncle thought he got magic when he opens mouth it will go down. But forgotten, when he cheers up it will go down, when he make noise sad news it goes up. Moral of the story, Uncle say drop confirm up, Uncle say up confirm down. Bet against losers like Uncle, we will win

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

Last one doesnt matter what counter, even shit also can become gold, if you just continue betting against Uncle

Posted by OKU_2020 > 2022-09-06 12:44 | Report Abuse

A Short lived Euphoria...Pergghhh
Thanks to smarter newbies
A Sad MEOW in a closet quietly nursing her injury
#Otai... O K U

Posted by Yu_and_Mee > 2022-09-06 15:07 | Report Abuse

restructuring = share consolidation 50:1 or RI?

Posted by OKU_2020 > 2022-09-06 15:23 | Report Abuse

Yesss...Conso 50 : 1 or even 100 : 1 , or RI & for sure further FREE Warrants as Sweetener OR ??
hmmm OR ...RIP { Rest In Peace } @ 1 SEN - HL Bank

Posted by bish_bish > 2022-09-06 15:34 |

Post removed.Why?

Posted by OKU_2020 > 2022-09-06 15:43 | Report Abuse

Today's early morning turn out >> A Short lived Euphoria...Pergghhh
Thanks to smarter newbies lately
BTW - A Sad & Moody MEOW hiding in a closet quietly nursing her injury
#Otai... O K U

Posted by bish_bish > 2022-09-06 15:47 |

Post removed.Why?

Posted by bish_bish > 2022-09-06 15:51 |

Post removed.Why?

Posted by OKU_2020 > 2022-09-06 15:55 | Report Abuse

Thanks for the much needed jokes especially during this Dull - Gloomy - Global Recession affecting all sectors including slowing demand on oil - hmmmm... USD 20 - 30 OIL ?
After all Laughter is the Best Medicine....
#Otai....O K U

Posted by kyliew > 2022-09-06 16:12 | Report Abuse

Global recession?
Keep cash and ensure US trading account active....
Banking or Oil or Tech = who are the big4 players....keep in watching list.

Posted by OKU_2020 > 2022-09-06 16:27 | Report Abuse

Getting Worst.....some edi trapped by MEOW's kompang
MEOW please.....

Posted by OKU_2020 > 2022-09-06 16:34 | Report Abuse

Markets Should Prepare For An Ugly September
August was a terrible month for markets
Coming off their worst August since 2015, stocks on Wall Street have gotten off to a volatile start to September as investors worry about the Federal Reserve’s aggressive rate hike plans to combat soaring inflation.
Pergghhhh.....!

Posted by bish_bish > 2022-09-06 18:40 |

Post removed.Why?

Posted by SinGor > 2022-09-06 19:16 | Report Abuse

I believe CDRC will recommend Share to Debt swap. I see NO other option. Meaning " HairCut for Bankers "
Every Share/Debt swap Deal in Bursa usually Ended with Share Market price Manipulated by "appointed"
Bankers Agent. Always 200--300% UP and very High Volume. Bcoz Bankers always Ended Up selling All shares

Posted by OKU_2020 > 2022-09-06 19:25 | Report Abuse

Oil collapses as demand fears return
BTW....hmmm
Mine got 24 hrs PN 17 Sapu E sparing partner.....
FOC ( it's FREE )
Thanks bish_bish
#Keepidap

Posted by bish_bish > 2022-09-06 19:28 |

Post removed.Why?

Posted by Mabel > 2022-09-06 19:37 | Report Abuse

Hahaha with Sapnrg, Mabel always Goyang Kaki..

No need to work so hard like Uncle..

Everyday closed 11% up..

Life is so beautiful

Meow Meow Meow

Posted by OKU_2020 > 2022-09-06 19:45 | Report Abuse

Peace 0 -0
#Otai ...O K U

BTW Oil collapses as DEMAND FEARS RETURN
Please ...please MEOW - don't try to mislead ( trick ) especially on innocent newbies....be prepared for 10% collapsed or even 20 % tomorrow

Posted by strattegist > 2022-09-06 20:32 |

Post removed.Why?

Posted by Mabel > 2022-09-06 21:26 | Report Abuse

Here's a roundup of our top business stories from the past week.

Weekly summary:

Should Parliament be dissolved post tabling of Budget 2023, when will GE15 be held? Going by past conventions over the last three general elections, GE15 will likely be held anywhere between 25 and 33 days from the date of dissolution.


According to columnist Pankaj C. Kumar, as the budget itself is tabled on a Friday, the feel-good factor of the budget can have a lasting impression on voters for the next few days. He says it may not come as a surprise if the government calls for dissolution as early as Tuesday, Oct 11, and latest by Friday, Oct 14. - StarBiz -

Posted by OKU_2020 > 2022-09-06 22:13 | Report Abuse

Global Recession Warning:
Buckle Up For Fed's Hard Landing For U.S. Economy.....

Posted by joyvest > 2022-09-07 07:04 | Report Abuse

No records cooking in this counter like SD but merely mismanagement? If so,no reason why we don't support if debts are well structured.