Posted by SinGor > 2023-02-01 15:14 | Report Abuse

Bob-No-Hope, you are not a Biz man, just a Lazada delivery boy. Nobody list their Co, if Biz can earn alot of
Cash.......Listing means used "someone money to make more money" for "YOURSELF only ( investors 2nd
in line ).....BHD means 100---1000 years( no death Certificate Required, until you have depleted All your
investor Cash ) So what is DEBT True meaning in Listed Co. just a #, can carry on loading until Auditor resigned.
I say just Buy shares if you think can make "Capital Gain" or Good Dividend and Nothing else

Posted by BobAxelrod > 2023-02-01 15:15 |

Post removed.Why?

Posted by Nikmon > 2023-02-01 15:26 | Report Abuse

Restraining order expired on early March.....very soon, if no extension lender take legal action against SAP.....no news on extension, no news on debt restruture.....

Posted by Income > 2023-02-01 15:29 | Report Abuse

Wow, I admired your insight.


Posted by SinGor > 11 minutes ago | Report Abuse

Bob-No-Hope, you are not a Biz man, just a Lazada delivery boy. Nobody list their Co, if Biz can earn alot of
Cash.......Listing means used "someone money to make more money" for "YOURSELF only ( investors 2nd
in line ).....BHD means 100---1000 years( no death Certificate Required, until you have depleted All your
investor Cash ) So what is DEBT True meaning in Listed Co. just a #, can carry on loading until Auditor resigned.
I say just Buy shares if you think can make "Capital Gain" or Good Dividend and Nothing else.

Posted by BobAxelrod > 2023-02-01 15:50 |

Post removed.Why?

Posted by SinGor > 2023-02-01 16:41 | Report Abuse

as far as I am concern, Velesto is far more better managed than SAP. Insurance receipt from Naga 7
has reduce Debt by so much( so easy to be profitable ) Selling all its Rigs and distribute back to PNB will
benefit everybody But, but Day-Rate is so,so Good 2023-2024. Day-Rate@$120000, Velesto can make
RM170mil per year per RIG ( or 1.02Bil for 6 Rigs plus or minus excluding Expenses ). 2year it can wipe-off all remaining Debt. Selling 6 Rigs in 2025, just imagine how much money can distribute back to investors

Posted by BobAxelrod > 2023-02-01 16:53 |

Post removed.Why?

Posted by SinGor > 2023-02-01 17:02 | Report Abuse

SAP has 10--11 jack-Rigs ( 4-5 more than Velesto ) And maybe making $110,000 Day-Rate in December 2022
bcos they are bidding outside Petronas ( given only $80,000 )

Posted by Nikmon > 2023-02-01 17:46 | Report Abuse

No matter how good prospect of one division, also not rnought to pay back the debt, paying 1.5 billion a year also need 10++ to clear, assume no new loan...worst still SAP group still losing money due to legacy project

The price will only move after debt restructure success...

Posted by nicholas99 > 2023-02-01 17:54 | Report Abuse

do business until lost so much money.. some more in the oil and gas industry. not shameful?

Posted by SinGor > 2023-02-01 18:46 | Report Abuse

It is Not how much borrowing/Debt that is important but how well management can utilise them to earn
a profit. TNB has 50billions Borrowing. Should be Delisted 20years ago. However Gov give a 30billion Grant.
If Gov privatised SAP, Anwar will get a 10Bil HIT. Big Hole in Budget.....Previous finance Minister and now Anwar
is thinking how to save SAP and save face as well

Posted by Understand > 2023-02-01 19:45 | Report Abuse

Ahya better don't move la. Collecting period.

Posted by Mabel > 2023-02-01 20:21 | Report Abuse

Just to add to what SinGor is saying

https://www.straitstimes.com/business/sembcorp-marine-egm-on-feb-16-ne...

There should be a merger between Mabel Sapnrg and Velesto Battleships making biggest O&G company in Malaysia as both are having the same shareholders which is PNB.

Benchmarking: One of Sembcorp subsidiary, Sembcorp Marine plan to merge with Keppel O&M to form one of the world’s largest offshore energy players, as offshore drilling projects dwindled amid a global transition towards renewable energy. If the merger is approved by shareholders, Sembcorp Marine will buy the entire Keppel O&M stake from Keppel Corporation for about $4.5 billion, excluding legacy rigs and associated receivables.

The chairman Tan Sri Mohd Hassan Marican will conduct the meeting, which will be held electronically.

Captain Mabel Meow

Posted by Kanenites > 2023-02-01 20:23 |

Post removed.Why?

Posted by Income > 2023-02-01 22:28 | Report Abuse

Anyone by the name of hmm here???

Posted by Ninth007 > 2023-02-01 23:59 | Report Abuse

Buy on fear baby!
All in lah What you waiting for
Hoot9E ....
Jit Pai hoseh liaO

Posted by Win288288 > 2023-02-02 08:07 | Report Abuse

US market green green after fed announment, how about MY today wakakaka

Posted by nicholas99 > 2023-02-02 09:21 | Report Abuse

some companies too big to fail and then became corrupted.

Posted by BobAxelrod > 2023-02-02 09:25 | Report Abuse

Nothing is too big....Lehman Bros, Fannie Mae, Freddie Mack, Madoff.....etc

Posted by Kanenites > 2023-02-02 10:04 |

Post removed.Why?

Posted by TuaTuaLiap > 2023-02-02 10:08 | Report Abuse

Can load more?

Posted by Understand > 2023-02-02 11:19 | Report Abuse

Ahya this kuku Bob has been barking all over. I already make a few round evertime he wolf wolf wolf.
Don't know why he is here. Maybe got a cat in this Sap i3 miau miau around.

Posted by ProfLengChai > 2023-02-02 11:54 | Report Abuse

atttaaaaaccckkkkkkkkkkkkkkkkkk

Posted by BE_GREEEEEDY > 2023-02-02 11:55 | Report Abuse

be positive
dont woli
have faith on anwaq

Posted by Michael R. > 2023-02-02 14:54 | Report Abuse

have faith .. correct... so far he is one of the most outperform PM in the world!!! You see he possess skillful oratory ..very well articulating is argument... can convince everyone...

Posted by cashflow > 2023-02-02 15:03 | Report Abuse

PNB would push SAP above 10cents. Just wait and see

Posted by kyliew > 2023-02-02 15:24 | Report Abuse

Velesto 0.27 liao!!!!!!!! SAP still not moving

Posted by Kanenites > 2023-02-02 15:48 |

Post removed.Why?

Posted by nicholas99 > 2023-02-02 15:49 | Report Abuse

gg sap..

Posted by Mabel > 2023-02-02 16:02 | Report Abuse

Mabel's Velesto, Icon, Dnex and Sap are running fast today..

Life is so beautiful..

Meow Meow Meow

Posted by Mabel > 2023-02-02 16:03 | Report Abuse

Just to add to what SinGor is saying

https://www.straitstimes.com/business/sembcorp-marine-egm-on-feb-16-ne

There should be a merger between Mabel Sapnrg and Velesto Battleships making biggest O&G company in Malaysia as both are having the same shareholders which is PNB.

Benchmarking: One of Sembcorp subsidiary, Sembcorp Marine plan to merge with Keppel O&M to form one of the world’s largest offshore energy players, as offshore drilling projects dwindled amid a global transition towards renewable energy. If the merger is approved by shareholders, Sembcorp Marine will buy the entire Keppel O&M stake from Keppel Corporation for about $4.5 billion, excluding legacy rigs and associated receivables.

The chairman Tan Sri Mohd Hassan Marican will conduct the meeting, which will be held electronically.

Captain Mabel Meow

Posted by Imformed > 2023-02-02 16:47 | Report Abuse

SAPU LAH !!!

Posted by amirsyam1001 > 2023-02-02 16:56 | Report Abuse

https://www.msn.com/en-my/money/topstories/decision-on-rafizi-s-discovery-application-to-seek-sapura-energy-ex-ceo-shahril-s-remuneration-fixed-for-next-month/ar-AA1715qb?ocid=entnewsntp&cvid=41e9efb6818d4ab28aeb08c2e0c3ca3e

Posted by Kanenites > 2023-02-02 17:05 |

Post removed.Why?

Posted by strattegist > 2023-02-02 19:38 |

Post removed.Why?

Posted by Nikmon > 2023-02-02 20:49 | Report Abuse

SAP just copy paste the monthly updates.....

Posted by Bmw X5 > 2023-02-03 08:47 | Report Abuse

Better sell and invest in other company , this counter move like a turtle ...

Posted by SinGor > 2023-02-03 10:04 | Report Abuse

Velesto should Not "Married" to SAP. Period! Velesto has only 270mil short-Term Borrowing.
SAP has to restructure Badly. Selling All its Jack-Up Rigs and Ends Oil Exploration Units are first thing First.
What ever asset left should be directed to "Green Tech" like Floating Sea Solar Panel and Wind Mill bcos
SAP has expertise in building Sea Platforms

Posted by nicholas99 > 2023-02-03 10:23 | Report Abuse

this shark so fake. yesterday eat 70+mil units at 0.05 . today sell 70+mil units at 0.05

Posted by stockraider > 2023-02-03 10:58 | Report Abuse

Just follow mabel lah!

Buying at 5 to 5.5 sen still very attractively worthwhile mah!

Posted by strattegist > 2023-02-03 11:04 |

Post removed.Why?

Posted by OKU_2020 > 2023-02-03 11:24 | Report Abuse

3.5 sen anytime

Posted by stockraider > 2023-02-03 11:29 | Report Abuse

Those thinking to collect below 5 sen are dreaming loh!

Collect now at 5 to 5.5 sen....it is going up mah!

Posted by TalkNumberOne > 2023-02-03 11:31 | Report Abuse

Uncle lembik raised target hahhahaha. laugh die me. From 1 sen to 2 sens now 3.5sens.

Posted by TalkNumberOne > 2023-02-03 11:31 | Report Abuse

Lol okay la give you face. As long as you don’t change your gender can Liao. Hahahhahhahahahha

Posted by stockraider > 2023-02-03 11:32 |

Post removed.Why?

Posted by TalkNumberOne > 2023-02-03 11:35 | Report Abuse

Haha uncle lembik forever lembik le. Don’t worry uncle, when cross 0.10, I buy whole carton viagra for you

Posted by Kanenites > 2023-02-03 12:16 |

Post removed.Why?

Posted by OKU_2020 > 2023-02-03 14:38 | Report Abuse

Getting worst

Posted by Understand > 2023-02-03 14:50 | Report Abuse

Ahyo yeah la. I missing the 3.5 cent days. When gono come down.