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 1 hour ago

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-10 00:30 | Report Abuse

Oil prices rose Friday, helped by weakness in the U.S. dollar, but are still on course for their lowest weekly close in seven months on concerns of sluggish economic growth and China’s COVID woes weighing on GLOBAL DEMAND .

By 09:20 ET (13:20 GMT), U.S. crude futures traded 2.8% higher at $85.91 a barrel, while the Brent contract rose 2.9% to $91.72.
Pergghhh.......

Posted by bullmarket1628 > 2022-09-10 10:37 |

Post removed.Why?

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-10 11:51 | Report Abuse

BE GREEEEEEEDY when others are SHIVERINGGG - WARREN BUFFETT
Huatt Chaiii $$$$$

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2022-09-10 14:03 | Report Abuse

沙布拉能源(SAPNRG,5218,主板能源股)公布,根据莎阿南高等法院的命令,Lim San Peen 已被任命为其全资子公司 Sapura Project Services Sdn Bhd(SPSSB)的临时清盘人。

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2022-09-10 14:04 | Report Abuse

just let it bankrupt lah. don't waste resources such as time, people, money and etc.

DickyMe3

658 posts

Posted by DickyMe3 > 2022-09-10 14:28 | Report Abuse

"Posted by Yu_and_Mee > 22 minutes ago | Report Abuse

just let it bankrupt lah. don't waste resources such as time, people, money and etc."
======================

How can they do that? It is MARUAH MELAYU at stake!

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-10 15:14 | Report Abuse

沙布拉能源(SAPNRG,5218,主板能源股)公布,根据莎阿南高等法院的命令,Lim San Peen 已被任命为其全资子公司 Sapura Project Services Sdn Bhd(SPSSB)的临时清盘人。

translation

Sapura Energy (SAPNRG, 5218, Mainboard Energy) has announced that Lim San Peen has been appointed as the provisional liquidator of its wholly-owned subsidiary Sapura Project Services Sdn Bhd (SPSSB) by order of the Shah Alam High Court.
------------
Smell A RAT ?....Critical & Dangerous this Monday..!!
MEOW ? urinating.....

myway

503 posts

Posted by myway > 2022-09-10 15:23 | Report Abuse

SAPNRG Major Shareholders (29 Apr 22)
AMANAH SAHAM BUMIPUTERA 28.60%
SAPURA TECHNOLOGY SDN BHD 10.55%
AMANAHRAYA TRUSTEES BERHAD AMANAH SAHAM MALAYSIA 4.00%
AMANAH SAHAM MALAYSIA 2 WAWASAN 3.44%
AMANAH SAHAM MALAYSIA 2.18%


OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-10 17:39 | Report Abuse

So what ?...
In Jeopardy@Bungkuss .....This is Business. No matter what .!!
BTW...
Meow Please....
am worried about her

bish_bish

223 posts

Posted by bish_bish > 2022-09-10 22:35 |

Post removed.Why?

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-11 00:14 | Report Abuse

Thanks dude for the jokes - especially during this challenging market !
After all laughter is the best medicine - he he he kih kih....

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-11 12:18 | Report Abuse

Critical thinking please...out of box..
This is unique - hmmm RARE - limited edition of OKU....
O K U =Otai Kuat Umno =OKU
Otai =?.. One who is senior in a field@Stock Trading especially Cheap Penny , Warrant , IPO.. Hmmm.. an expert..!

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-11 15:37 | Report Abuse

After all... Laughter is the Best Medicine.... he he he kih kihhh

Legend

4,119 posts

Posted by Legend > 2022-09-11 15:45 | Report Abuse

Kita petai, bukan otai.

Mabel

24,044 posts

Posted by Mabel > 2022-09-11 21:13 | Report Abuse

#OKU_2020 So what ?...
In Jeopardy@Bungkuss .....This is Business. No matter what .!!
BTW...
Meow Please....
am worried about her
10/09/2022 5:39 PM

Haha OKU..

Nothing to worry..Sap is up by 12.5% Mah...

BTW is it true you are hiding under 24 skirts?

Cum to Mabel Bodyshops, we gals can recommend nice make up for you and take you to the next level..

Meow Meow Meow

Stock: [INNATURE]: INNATURE BERHAD

Sep 7, 2022 11:24 AM | Report Abuse

Wah today our Body Shops looks so nice. Not only share go up got Dividend some more.

No wonders we all smell so good lately...

Even our breath has taken to the next level

Meow Meow Meow

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-12 07:30 | Report Abuse

hmmm this time - ini kali lah got to agree with MEOW Sap E jump 12.5 % last friday
and with dow jone steamingg almost 400 points
hoping a JOLLY $$$$$ day for us today
BUT.... but.....Pergghhhh

TalkNumberOne

3,009 posts

Posted by TalkNumberOne > 2022-09-12 09:04 | Report Abuse

Uncle, talk so much, wasted whole weekend and monday morning. still 0.04? Can you deliver sometimes? no wonder your wife runn runn runn, you eat domino, pizza hut all also no use, cannot perform, how la?

TalkNumberOne

3,009 posts

Posted by TalkNumberOne > 2022-09-12 09:07 | Report Abuse

I check back on Thursday, if still above 0.04, i whack the shit out of this Uncle, wasting world resources to talk cock and never deliver.

strattegist

23,459 posts

Posted by strattegist > 2022-09-12 10:10 |

Post removed.Why?

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-12 10:48 | Report Abuse

Hmmm - any tonic available to AROUSE this Lembiq@Impoten* Sapu E haaa...?

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-09-12 10:49 | Report Abuse

MEOW knows better ?

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-12 12:12 | Report Abuse

We maintain OVERWEIGHT on the oil & gas sector. The recently concluded 2QCY22 reporting season saw a marked improvement (against expectations) from the last quarter.
....Finger Crossed $$$

Posted by bullmarket1628 > 2022-09-12 12:16 |

Post removed.Why?

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-12 12:19 | Report Abuse

Huat Chaii $

Posted by bullmarket1628 > 2022-09-12 12:33 | Report Abuse

Strong turnaround in second half for Velesto, says Affin Hwang
By Azanis Shahila Aman
September 12, 2022 @ 9:47am

https://www.nst.com.my/amp/business/2022/09/830502/strong-turnaround-second-half-velesto-says-affin-hwang

KUALA LUMPUR: Affin Hwang Capital expects a strong second half of 2022 (2H22) profit turnaround for Velesto Energy Bhd on the back of a higher capacity utilisation.
The research house said the drilling market outlook had turned more favourable compared to a quarter ago with demand and charter rates on the rise. 

Barring any unforeseen disruptions, it said Velesto should end 2022 with a full-year 59 per cent utilisation. 
"Management is also sticking to its bullish tone as it expects utilisation to rise close to 80 per cent in 2023 from our existing 65 per cent assumption.

"Velesto has locked in roughly 18 per cent utilisation so far, with most of the potential contracts still under negotiation under Petronas' umbrella package," it said.
Meanwhile, the firm said the estimated higher 72 per cent rig utilisation in 2H22, above Velesto's 60 per cent breakeven level should lead to a strong profit turnaround and narrow 2022 losses significantly. 

It said 2023 was shaping up to be a strong recovery year driven by a recovery in both rig demand and charter rates. 
"We reaffirm our Buy rating and target price of 11 sen on Velesto. 
"We believe market expectation on Velesto has bottomed and downside on its share price appears limited. 
"We see value emerging and believe that the current share price has not factored in the improving drilling market outlook," it added.

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-12 12:48 | Report Abuse

Damn GOOD $

strattegist

23,459 posts

Posted by strattegist > 2022-09-12 22:09 |

Post removed.Why?

Mabel

24,044 posts

Posted by Mabel > 2022-09-13 00:36 | Report Abuse

OKU_2020 Hmmm - any tonic available to AROUSE this Lembiq@Impoten* Sapu E haaa...?
12/09/2022 10:48 AM

OKU_2020 MEOW knows better ?
12/09/2022 10:49 AM


Haha OKU..

Of course Mabel the Smart Gal knows..

Come join Mabel in syscorp...we are having one of the best time

Meow Meow Meow

Stock: [SYSCORP]: SHIN YANG SHIPPING CORP BHD

Sep 12, 2022 4:23 PM | Report Abuse

#pang72 Mabel...
Sys fly then sns fly now...

Meow meow!!
12/09/2022 2:50 PM

Yes Pang72...

Mabel just collected 10K sns at 27.5 sen today.

Last week Mabel also collected GENGILD, Cnergen, Coraza, SFPtech. This week all flying oledi..Mabel soo apy

To Our Success

Meow Meow Meow

Mabel

24,044 posts

Posted by Mabel > 2022-09-13 00:38 | Report Abuse

Soon Sapnrg will follow..

Who said investing is difficult?

Just buy low and sell high loh..

So easy...

Meow Meow Meow

Posted by Raduanismail > 2022-09-13 02:10 | Report Abuse

Collect 1.5M unit ..balik kampung melihat Kebun terbiar menanam sawit hasil lumanyan

strattegist

23,459 posts

Posted by strattegist > 2022-09-13 08:45 |

Post removed.Why?

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-13 10:17 | Report Abuse

promising momentum $$

myway

503 posts

Posted by myway > 2022-09-13 10:25 | Report Abuse

There may be hope yet for Sapura Energy
KUALA LUMPUR: Once all but written off, Sapura Energy Bhd seems to be doing something right.
A year ago, the thought of the oil and gas (O&G) service provider turning a profit was unimaginable.
If its first quarter (Q1) 2022 results are anything to go by, Sapura Energy seems to be turning a corner.
It returned to the black Q1 ended April 30, 2022 with a net profit of RM91.93 million from a net loss of RM97.07 million a year ago.
Improving Prospect
Bankers acknowledged that Sapura Energy's cash flow was improving thanks to clients who still trusted it despite its financial condition.
In the past six months, the company announced contract wins worth more than RM3 billion, including renewals from repeat clients.
They included contract extensions for pipe-laying vessels from Petrobras in Brazil, long-term contract for drilling services from PTTEP Thailand, an award for transportation and installation from Hess in Malaysia; and several other wins in Gulf of Mexico and West Africa.
It also undertook the sale of its Sapura 3000 vessel to improve cash position.
According to banking sources, Sapura Energy no longer had access to working capital from its banks.
Despite this, industry observers indicated that Sapura Energy's debt restructuring seemed to be making some progress, and the recent news that Corporate Debt Restructuring Committee had given its nod to mediate the company's debt revamp could only strengthen its turnaround efforts.
Setting Right Course
So, it appeared the current management team was doing everything it could to set the course right, an O&G expert said.
"If that is indeed the case, it then begs the question: why are there rumours swirling that the company is forced to sell almost all of its assets and businesses?" he asked.
According to banking sources, foreign advisors representing the banks that provided the multi-currency facility (MCF) to Sapura Energy were, to put it crudely, keen to sell the company for parts, killing the potential of a Malaysian entity that continued to do well globally.
The MCF currently stands at a combined value of about RM10.3 billion.
"What is the motivation for wanting Sapura Energy to be carved out, since it has made enormous progress to date as a group? Are there vested interests? Are there buyers already lined up?" the expert asked, again.
"Whatever the reason, it seems a shame to sink a viable ship," he said.
Delay in Restructuring?
Local senior bankers expressed worry that Sapura Energy was taking a little too long to progress its restructuring plan and the management had been reticent in the meantime.
Indeed, Sapura Energy has not been actively engaging with the media or stakeholders, even when there is public outcry over the call for its bailout.
https://www.nst.com.my/business/2022/09/830862/there-may-be-hope-yet-sapura-energy

richraul

12 posts

Posted by richraul > 2022-09-13 10:29 | Report Abuse

Super pop con company.

TalkNumberOne

3,009 posts

Posted by TalkNumberOne > 2022-09-13 11:16 | Report Abuse

Mabel, Uncle run run run also hahahahhaha

strattegist

23,459 posts

Posted by strattegist > 2022-09-13 11:32 |

Post removed.Why?

harold8990

349 posts

Posted by harold8990 > 2022-09-13 19:47 | Report Abuse

Q at 0.04 not hit

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-14 10:24 | Report Abuse

Oil prices creep higher on robust global demand outlookhttps://www.reuters.com › business › energy › oil-prices-c

56 minutes ago — SINGAPORE, Sept 14 (Reuters) - Oil prices inched higher in early trade on Monday as OPEC stuck to forecasts for robust global fuel demand ...
huatt chaiii $

kyliew

1,397 posts

Posted by kyliew > 2022-09-14 13:37 | Report Abuse

Exchange Rate (USD/MYR)
4.53250
13/09/2022 17:32PM

kyliew

1,397 posts

Posted by kyliew > 2022-09-14 13:38 | Report Abuse

FOREX gain for Sapura again this round?

strattegist

23,459 posts

Posted by strattegist > 2022-09-14 14:53 |

Post removed.Why?

kyliew

1,397 posts

Posted by kyliew > 2022-09-14 15:26 | Report Abuse

Oil Prices Will Go Back to $125 a Barrel: Gordon
1,168 views Sep 14, 2022

https://www.youtube.com/watch?v=1bx07RFgURw

SinGor

4,891 posts

Posted by SinGor > 2022-09-14 16:19 | Report Abuse

SAP appoints Liquidator has spooks Ikan Bilis. But the Co, involved is a SAP Oil Service Co.( no asset ). The
Liquidator fees worth more than Co asset....a few chairs, Old Computer, maybe a Fax Machine, Printers. That
is main reason SAP is so willing to appoint a Liquidator. I think the Building is on Rental basis, not owned by
SAP. Creditor(s) cannot sue SAP bcos the Co is a Sdn Bhd. Once Liquidate, it will close down automatically

strattegist

23,459 posts

Posted by strattegist > 2022-09-14 16:50 |

Post removed.Why?

SinGor

4,891 posts

Posted by SinGor > 2022-09-14 19:26 | Report Abuse

2 sides of a coin if SAP post Qr results on 15Sept( tomolo). Very Good or Very Bad. SAP can wait till 30 Sept to
post Bad results. So if tomolo got results, i think should be better than last Qr

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-14 21:24 | Report Abuse



DAMN GOOD. Quarter Result Tomorrow
Thanks to further Forex GAINS too
Friday BIG GAP UP $$$$$
Huatt Chaiii $

Posted by bullmarket1628 > 2022-09-15 07:12 |

Post removed.Why?

BE_GREEEEEDY

1,816 posts

Posted by BE_GREEEEEDY > 2022-09-15 09:02 | Report Abuse

POTENTIAL DAMN Good Quarter Result OUT TODAY
Thanks to FOREX GAIN too...$
Huatt Chaiii $$$$$$

BE_GREEEEEDY

1,816 posts

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

BREWINGGGGG $$$$$

SinGor

4,891 posts

Posted by SinGor > 2022-09-15 09:26 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Offshore-Drilling-Rates-Jump-Could-Rise-Further-To-500000-Per-Day.html

SAP earnings for next 2--3years is surely derive from Drillings

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