Posted by gkungpat > 2022-12-05 19:57 | Report Abuse

Thank Mabel for your wise observations..
Logically there

Posted by Nikmon > 2022-12-06 00:41 | Report Abuse

Hassan should replace PETRONAS CEO, create heatthy market

Posted by 7chewe > 2022-12-06 10:19 | Report Abuse

Now Hassan Merican is official Petronas and MOF advisor, refer to its website

Posted by MoneyMaker > 2022-12-06 14:57 | Report Abuse

Petronas secured project with Abu Dhabi. Hope they decide to buy Sapnrg too. 10B

Posted by strattegist > 2022-12-06 17:23 |

Post removed.Why?

Posted by gkungpat > 2022-12-06 17:31 | Report Abuse

Come on Sapura



KUALA LUMPUR: Yang di-Pertuan Agong, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah menzahirkan rasa sukacita atas kejayaan kerjasama sulung antara syarikat pengeluar minyak dan gas negara dengan Emiriah Arab Bersatu (UAE).

Ini kerana menurut Datuk Pengelola Bijaya Diraja Istana Negara, Datuk Seri Ahmad Fadil Shamsuddin dalam satu kenyataan berkata, kerjasama Petronas Abu Dhabi Sdn Bhd dan Abu Dhabi National Oil Company (ADNOC) itu membuktikan keupayaan syarikat Malaysia bersaing di peringkat global.



Malah, kejayaan tersebut secara langsung mencerminkan hubungan dua hala yang rapat antara Malaysia dan UAE di pelbagai peringkat.

Perjanjian bersejarah antara anak syarikat milik penuh Petronas dengan ADNOC itu melibatkan kerjasama meneroka dan menilai Blok 1 Luar Pesisir Bukan Konvensional yang meliputi kawasan konsesi 2,000km persegi di wilayah Al Dhafra.

Dalam pada itu, Tuanku turut berharap agar kerjasama tersebut dapat membuka lembaran baharu kerjasama strategik dalam pelbagai sektor antara kedua-dua negara, termasuk sektor ekonomi demi kepentingan dan kemakmuran bersama.

Ahmad Fadil berkata, Al-Sultan Abdullah berkenan berangkat menyaksikan Majlis Pemeteraian Perjanjian antara Petronas Abu Dhabi Sdn Bhd dan ADNOC di Abu Dhabi, semalam.

Turut hadir, Presiden UAE Sheikh Mohamed bin Zayed Al Nahyan, Menteri Industri dan Teknologi Maju UAE merangkap Pengarah Urusan dan Ketua Pegawai Eksekutif ADNOC, Dr Sultan Ahmed Al Jaber.

Come On Sapura..

Posted by Mabel > 2022-12-06 19:36 | Report Abuse

Meow Meow Meow

Posted by OKU_2020 > 2022-12-07 07:11 | Report Abuse

Oil ( Texas ) now USD 74
Brent collapsed to 79
Critical / Dangerouss as Global Recession is looming
Pergghhhh
BTW remember the debate between Jibby ( masuk dalam ) VS PM Anwar
NO hope this PN 17 Sapu E

Posted by gkungpat > 2022-12-07 09:36 | Report Abuse

Petronas and ADNOC agreement will benefit Sapura Energy soon..

Posted by OKU_2020 > 2022-12-07 17:28 | Report Abuse

and every day we hear more possibilities of a recession taking place in 2023, which is not positive for oil prices.

Posted by strattegist > 2022-12-07 22:54 |

Post removed.Why?

Posted by OKU_2020 > 2022-12-08 07:19 | Report Abuse

Oil collapses, hits lowest since January as U.S. data fans fuel demand fears
Texas USD 72 , Brent 77
Pergghhhh

Posted by strattegist > 2022-12-08 16:02 |

Post removed.Why?

Posted by gbt_9428 > 2022-12-08 18:25 | Report Abuse

QR out, Wowww Tax 63.5million, PH Government have a good income

Posted by Mabel > 2022-12-08 19:09 | Report Abuse

Haha Lady Sapura Q3 result is out!. As expected another spectacular result from my Lady. Today Lady Sapura is the Biggest Mover in Mabel Energy with 14+% Jump in share prices.

Now PH Government has a good income from our Lady!!!

FOR IMMEDIATE RELEASE
Kuala Lumpur, 8 December 2022

SAPURA ENERGY DELIVERS POSITIVE RESULTS IN Q3
Summary of Q3 FY2023 financial results:
• Revenue of RM1.28 billion
• EBITDA of RM246 million
• PATAMI of RM10 million
• Current order book at RM6.8 billion

As long as PNB is still a major shareholder and your holding cost is below them, there is no reason to fear.

To Our Success !!!

Captain Mabel Meow

Posted by Win288288 > 2022-12-08 19:15 | Report Abuse

Growing and brewing, well done sapura!

Posted by Bmw X5 > 2022-12-08 19:43 | Report Abuse

2 QR of fantastic solid profits ..more to come in future QR...

Posted by izoklse > 2022-12-08 19:47 | Report Abuse

the problem is ...can they survive in oil price at below 80 per barrel.

Posted by 7chewe > 2022-12-08 19:49 | Report Abuse

Sapura Energy catat untung RM10.18 juta pada suku ketiga FY23 daripada kerugian RM669 juta

KUALA LUMPUR 8 Dis - Sapura Energy mencatat untung bersih sebanyak RM10.18 juta pada suku ketiga berakhir 31 Oktober 2022 berbanding kerugian bersih berjumlah RM669.34 juta yang direkodkan bagi tempoh sama tahun sebelumnya.

Posted by gkungpat > 2022-12-08 20:04 | Report Abuse

So what is the next TP..?

Posted by SinGor > 2022-12-08 20:29 | Report Abuse

A strong push should arrived 10--12sens ( same as SerB even in PN17 status )
Solving 10B revolving Credit headache should leapfrog to 30sens bcos PNB will be doing the HeavyLifting,
ikan bilis are just the pom-pom Girls then.
Basically SAP is living off Drilling Rigs ( 10 out 11 are working full time ) And the return is actually Better than
Velesto. Strange but true. Considering 11 rigs one year ago are still in Cold stack( not working), demand for
Rigs are incredible. Unless SAP can get access to Bank Loan, revenue will NOT breach 2.0bil. Breaching 2.0bil
revenue will see profit in 200--300mil range rather low but these ancient contracts has low margins. I saw
management are renegotiating ancient contracts. If the other party is desperate to capture raising Oil price,
SAP might see more lights in the Tunnel.

Posted by Mabel > 2022-12-08 20:34 | Report Abuse

Haha Soon all the brokers will come with their revised TP.

SAPNRG is has good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.8x).

The closest to Sap is Wah Seong Corporation Berhad...

What is Wah Seong Current Price?

To Our Success !

Meow Meow Meow

Posted by WarrenBuffett8888 > 2022-12-08 21:02 | Report Abuse

tmr close at 0.08 cts....

Posted by DickyMe > 2022-12-08 21:06 | Report Abuse

2.5 sen mari!

Posted by Michael Kwok > 2022-12-08 21:07 | Report Abuse

Price 4 cents
If bursa go above 1500 range 6 cents possible
8/12/22 9.06pm

Posted by harold8990 > 2022-12-08 22:05 | Report Abuse

the reason to invest in Sapura is not because of Sapura...but because of Anuar Taib..those veterans in O&G knows what I mean..From Shell to Petronas to Sapura..

Posted by DickyMe > 2022-12-08 22:20 | Report Abuse

Nonsense. Whoever maneuver a leaking ship will eventually drown or jump to safety.
Performance of characters is also suspect.

Posted by Mabel > 2022-12-08 22:50 | Report Abuse

DickyMe 2.5 sen mari!
08/12/2022 9:06 PM

Haha Dick...you are talking about your AA ke with NTA negative RM1.70? Sap even 3.5 sen many people complain hard to get..

Better follow Mabel invest in Singapore Airline. Never lost profit with such a strong country like Temasek..

Today Mabel Airlines Singapore Airlines is trading SGD 5.56 compare to AA 59 sen. Got nice divided some more compare to AA..

You missed FGV Lottery earlier...kesian..why not join Sap...can recoup your losses in AA..if you berani lah..

Buy before it shoot to Wah Seong prices..

Told you oledi Santa is cumming to town...

HoHoHo...

Santa Meow

Posted by Mabel > 2022-12-08 22:56 | Report Abuse

Haha Dick heard you sell your Icon too early...

Max is already talking about 90 sen scenario after Yummy Dividend ex date...

Too bad your holding power is too short..

Meow

Posted by Mabel > 2022-12-08 22:58 | Report Abuse

#SinGor

A strong push should arrived 10--12sens ( same as SerB even in PN17 status )
Solving 10B revolving Credit headache should leapfrog to 30sens bcos PNB will be doing the HeavyLifting,
ikan bilis are just the pom-pom Girls then.
Basically SAP is living off Drilling Rigs ( 10 out 11 are working full time ) And the return is actually Better than
Velesto. Strange but true. Considering 11 rigs one year ago are still in Cold stack( not working), demand for
Rigs are incredible. Unless SAP can get access to Bank Loan, revenue will NOT breach 2.0bil. Breaching 2.0bil
revenue will see profit in 200--300mil range rather low but these ancient contracts has low margins. I saw
management are renegotiating ancient contracts. If the other party is desperate to capture raising Oil price,
SAP might see more lights in the Tunnel.
08/12/2022 8:29 PM

Meow SinGor!

Loves it when SinGor cum to town...

Meow Meow Meow

Posted by izoklse > 2022-12-08 23:59 | Report Abuse

Be Careful guys. Brent crash and on its way to below 75 usd and we all know when this happened many oil and gas company is in deep shit.

Posted by Nikmon > 2022-12-08 23:59 | Report Abuse

Extension of RO expire soon around 3 months, it reported that pod close to end, I reckon SAP would not request another extension

Posted by masterkevin212 > 2022-12-09 07:01 | Report Abuse

SAPURA 跟定有得救
1) 之前的亏损78亿due to impairment / susut nilai - 原因当时银行停止contract and invoice financing 导致记录工程不能再运作纸面上申报全面亏损。其实，sapura拥有的资产加上gas油田接近150亿。

2) 银行已经从sapura 8年里收取150亿包括母金和利息。银行有必要write off 一些利息，我相信财政部会协助。

3) PNB 也不断加码sapura股份，推高velesto 也暗示接下来就是sapura. 传统上，每大股东旗下类似行业的股都会被推高。

4) 华哥肯定会把握机会表演sapura.
a) 财政部会于PNB旗下马银行write off 利息。
b) sapura业务已经在全世界进行100亿的工程，还有300亿的投标。财政部会根据外汇的重要性，sapura是其中一个本土土著最大的公司，把外汇带回来。
c) sapura也有超过5个gas fields 油田就值超过100亿。

只要华哥点头，明年3月过后，sapura就可write back impairment, 到时sapura QR业绩会赚几十亿.

到时人家会说sapura 赚大钱是华哥的功劳。

Sapura也当然配合业务，gas fields也赚钱，工程接不停，100% utilisation 会提高QR业绩的盈利。

到时SAPURA 股价大涨，PNB 也因此SAPURA增值得到回报。华哥当然也成了Sapura 的 英雄，蹲在监牢里的bossku 也只能眼巴巴的am kan.

这要看华哥怎样表演了。

最新的资料，sapura的工程再全世界如火的进行。

My prediction may wrong, high risk high return, buy at your own risk

Posted by Mabel > 2022-12-09 07:15 | Report Abuse

#izoklse the problem is ...can they survive in oil price at below 80 per barrel.
08/12/2022 7:47 PM

Of course they can. The Production Cost is USD 30 per barrel. Enough Margin to cover operation and pay debt..

Meow

Posted by Mabel > 2022-12-09 07:52 | Report Abuse

#masterkevin212 SAPURA 跟定有得救
1) 之前的亏损78亿due to impairment / susut nilai - 原因当时银行停止contract and invoice financing 导致记录工程不能再运作纸面上申报全面亏损。其实，sapura拥有的资产加上gas油田接近150亿。

2) 银行已经从sapura 8年里收取150亿包括母金和利息。银行有必要write off 一些利息，我相信财政部会协助。

3) PNB 也不断加码sapura股份，推高velesto 也暗示接下来就是sapura. 传统上，每大股东旗下类似行业的股都会被推高。

4) 华哥肯定会把握机会表演sapura.
a) 财政部会于PNB旗下马银行write off 利息。
b) sapura业务已经在全世界进行100亿的工程，还有300亿的投标。财政部会根据外汇的重要性，sapura是其中一个本土土著最大的公司，把外汇带回来。
c) sapura也有超过5个gas fields 油田就值超过100亿。

只要华哥点头，明年3月过后，sapura就可write back impairment, 到时sapura QR业绩会赚几十亿.

到时人家会说sapura 赚大钱是华哥的功劳。

Sapura也当然配合业务，gas fields也赚钱，工程接不停，100% utilisation 会提高QR业绩的盈利。

到时SAPURA 股价大涨，PNB 也因此SAPURA增值得到回报。华哥当然也成了Sapura 的 英雄，蹲在监牢里的bossku 也只能眼巴巴的am kan.

这要看华哥怎样表演了。

最新的资料，sapura的工程再全世界如火的进行。

My prediction may wrong, high risk high return, buy at your own risk
09/12/2022 7:01 AM

Thanks Masterkelvin..

Who is Brother Hua in item No 4?

Meow

Posted by Mabel > 2022-12-09 08:17 | Report Abuse

#izoklse the problem is ...can they survive in oil price at below 80 per barrel.
08/12/2022 7:47 PM

Of course they can. The Production Cost is USD 30 per barrel. Enough Margin to cover operation and pay debt..

Free Cash flow is positive starting from 2021. For 2022 Sap registered Free Cash Flow growth of 55% at 349 Million. Now it is a Net Cash Company ( Cash from operation, Financing and Investing activities)

Price-To-Sales Ratio (0.2x) compared to the peer average (0.8x). The closest to Sap is Wah Seong Corporation Berhad...

What is Wah Seong Current Price?

To Our Success !

Meow Meow Meow

Posted by TalkNumberOne > 2022-12-09 08:25 | Report Abuse

Mabel so excited, chill la. We are not uncle gang we don’t count number of threats we put in forum as success.

Posted by TalkNumberOne > 2022-12-09 08:26 | Report Abuse

Any real show should be closer to March after reset plan agreed and pun in place.

Posted by leedavid > 2022-12-09 08:27 | Report Abuse

this only still not up after pru velesto already up

Posted by Mabel > 2022-12-09 08:44 | Report Abuse

Moving forward, as part of its efforts to improve overall cashflow, the group said it is has committed to continuing its review of underperforming contracts, as well as renegotiating commercial settlements with customers.

Sapura Energy faces challenges in rebuilding its order book, given the limited access to bank guarantees and working capital facilities during its restructuring phase, particularly impacting the E&C and operations and maintenance (O&M) business segments.

“Its drilling arm, however, recorded a strong growth with 10 out of the 11 rigs fully operational at the end of 3QFY2023. The group’s order book currently stands at approximately RM6.8 billion.

“Separately, the non-consolidated order book of the group’s joint venture entities is approximately RM5.7 billion,” it said in a separate statement.

In line with its aim of portfolio rationalisation, Sapura Energy recently completed the disposal of three drilling rigs to NKD Maritime Ltd.

Posted by Mabel > 2022-12-09 08:45 | Report Abuse

Following the Corporate Debt Restructuring Committee of Malaysia (CDRC)’s agreement to assist Sapura Energy in mediating its debt restructuring with lenders, the group submitted a draft Proposed Restructuring Scheme (PRS) to the CDRC on Sept 29, 2022.

“It has since been participating in CDRC-mediated meetings with financial institutions to seek feedback on and to refine the terms of the PRS. This draft restructuring proposal will form part of the group’s overall restructuring and regularisation plan, which upon finalisation, will be submitted to Bursa Malaysia.

“Additionally, the group is nearing the end of its Proof of Debt exercise with its trade creditors,” Sapura Energy added.

Shares of Sapura Energy jumped 14.29% or half a sen to close at four sen on Thursday, valuing the group at RM639.16 million. It’s share price has fallen 20% year-to-date.

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

Life is so beautiful...

My Lady Sapura help to lift up the KLCI today. For the 1st time in 5 days KLCI is GREEN. Both Mother and Daughters are sitting in Pole Position and P2 as the most active counters this morning...

To Our Success!

Captain Mabel Meow

Posted by success2628 > 2022-12-09 09:19 |

Post removed.Why?

Posted by TalkNumberOne > 2022-12-09 09:25 | Report Abuse

Mabel see you at Bombardier showroom

Posted by fl888 > 2022-12-09 09:29 | Report Abuse

If Sap-WA is 3.5 cts…..then Mother is under dressed…

Posted by fl888 > 2022-12-09 09:32 | Report Abuse

Sap-WA conversion plus 49cts…..So Mother should be 53cts

Posted by fooming > 2022-12-09 09:40 | Report Abuse

Sapura Energy Bhd has retirned to profitability for the third quarter ended Oct 31, 2022 with a RM10.18 million net profit, from a net loss of RM669.34 million in the previous year’s corresponding quarter, due to lower recognition of provision for foreseeable losses, lower project costs recognised, lower depreciation, higher share of profit from associates and joint ventures, and a favourable foreign exchange gain during the quarter.

Posted by Ninth007 > 2022-12-09 09:45 | Report Abuse

Hahahaaaaaa........
All in lah What you waiting for
Hoot9E ....
Jit Pai hoseh liao......

Posted by 7chewe > 2022-12-09 09:47 | Report Abuse

Results Review (BIMB Securities)
Sapura Energy – Drilling Segment Provides the Silver Lining
BUY | RM0.12
Sapura Energy recorded a headline PATAMI of RM10mn in 3Q23 aided by (i) termination settlement of RM65mn, and (ii) forex gain of RM151mn. Revenue declined 12% YoY to RM1.3bn but core EBITDA turned positive to RM107mn from LBITDA of RM244mn in 3Q22. That was due to smaller exposure to unprofitable legacy contracts. On QoQ basis, core loss widened to RM129mn (2Q23: RM77mn) potentially due to higher mobilisation costs for 3 tender rigs which were reactivated in the quarter

Posted by Bmw X5 > 2022-12-09 10:08 | Report Abuse

Give Gov tax 65mil ...Gov give back what to SE ?