SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.04

Trading Volume

60,445,100


80 people like this.

147,306 comment(s). Last comment by Huangbk72 2 hours ago

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 00:19 | Report Abuse

Huangbk72 @understand

Really doesn’t matter if ConMabel is paid promoter or Ikan bills.

The fact that this conman posts fake information to promote SD.. that’s wrong. Not once but always caught red handed.

11/03/2023 12:07 AM

Haha Like you caught red handed from cemetery star ...

Meow

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 00:24 | Report Abuse

#Huangbk72

Dare to take up my challenge or stay a coward as always
11/03/2023 12:02 AM

Mabel has replied this many times in SD..Posting it again here..

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD

Dec 20, 2022 11:20 PM | Report Abuse

Haha Huang wang to challenge Mabel

Dec 2020 - Mabel won 1-0
July 2021 - Mabel won 2-0
Nov 2022 - Mabel won 3-0
Dec 2021 - Mabel won 4-0

Total waste of time talking to an old man..

Never bite the hands that feed you

Serba has been a great company until you came

Princess Himari Ichimuku Meow

Understand

1,034 posts

Posted by Understand > 2023-03-11 00:27 | Report Abuse

Ahyo, if got conned by fake promoting then they deserve to learn a lesson.
If Meow also cannot lepas then apa lagilah buaya sama jerung.


Mabel

23,921 posts

Posted by Mabel > 2023-03-11 00:31 | Report Abuse

Haha Understand is smart man and know the playing fields!

Cheers Understand!

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 08:28 | Report Abuse

#Understand Ahyo, if got conned by fake promoting then they deserve to learn a lesson. If Meow also cannot lepas then apa lagilah buaya sama jerung.

11/03/2023 12:27 AM

Indeed!

There are over 100 stock investing and trading strategies, the "best" is always the one fits into one's personality. "Honey" or "Poison" is always a choice depending on personality, similar to many medicines could be a poison if applied to wrong patients.

Most of the well-known investors are known contrarian investors, eg. Warren Buffett, Jim Rogers, Benjamin Graham, John Templeton, etc, demonstrating "Buy Low Sell High" does work. However, for the same strategy to work for you, need to learn the conditions for applications…

Mabel is here to catch " Salmon" in very murky water. Either you are In or Out. You have to burn your Textbooks if you want to Fish here...

Even putting your money in a cemetery is not safe these days. Someone even lose 60% in that cemetery. You wang to be safe better put your money in FD and don't play with Stock Market.

Stock Market is only for Big Boys and Gals. Certainly not for jumpy Old men and crying babies..

Enjoy your weekends..

Meow

Huangbk72

4,982 posts

Posted by Huangbk72 > 2023-03-11 09:21 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-03-11 09:25 | Report Abuse

epal, you baru primary 3 ke? Tak tau arithmetics lagi????

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-03-11 09:50 |

Post removed.Why?

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 12:04 | Report Abuse

Haha Huang always telling people to talk about Fact?

Let's talk about fact..

Mabel invests in PN17’s Barakah made 800 %

Huang invests in Non PN17’s pmcorp lose 60 %

Which is better?

No wonder so jeles..now following Mabel across i3 (with half baked stories) just to sniffs her panties…

Meow

Eric Lim

508 posts

Posted by Eric Lim > 2023-03-11 12:52 | Report Abuse

Arabian white knight coming to save you guys soon, don't worry ya

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 13:04 | Report Abuse

Meow Meow Meow

YUSOFAMY

65 posts

Posted by YUSOFAMY > 2023-03-11 15:48 | Report Abuse

derma dari arab ka

Alexks8888

110 posts

Posted by Alexks8888 > 2023-03-11 17:27 | Report Abuse

0.045 good...0.45 soon

SinGor

4,874 posts

Posted by SinGor > 2023-03-11 18:41 | Report Abuse

Finance cost per Qr will be reduced from 160mil to just 16mil if Bankers come-in for a Hair-Cut

kyliew

1,386 posts

Posted by kyliew > 2023-03-11 20:35 | Report Abuse

1.8bil injection from Saudi Arabia.

kyliew

1,386 posts

Posted by kyliew > 2023-03-11 21:13 | Report Abuse

From an oil company based in Saudi Arabia, guess Aramco

izoklse

5,269 posts

Posted by izoklse > 2023-03-11 21:19 | Report Abuse

Maybe because of this long term agreement with Aramco also .

Sapura Energy to join Aramco's long-term agreement programme

https://www.nst.com.my/business/2018/11/435352/sapura-energy-join-aramcos-long-term-agreement-programme

Nikmon

3,009 posts

Posted by Nikmon > 2023-03-11 22:48 | Report Abuse

20:1 share consolidation, then more than 100% new shares (various form mostly not convertible in next 5 year)....PNB holding 46% of the shares which will dilute progressly over the 7 uears

izoklse

5,269 posts

Posted by izoklse > 2023-03-11 22:57 | Report Abuse

:-) hehehe enjoy the ride guys.

Nikmon

3,009 posts

Posted by Nikmon > 2023-03-11 23:00 | Report Abuse

Since the hair cut plan publish, highly likely agreement has already reached by creditors, now just circular for signature...haha, 90% is done deal

William Ng

893 posts

Posted by William Ng > 2023-03-11 23:03 | Report Abuse

monday 0.08 lai lai lai

kyliew

1,386 posts

Posted by kyliew > 2023-03-11 23:18 | Report Abuse

I want the finale episode more guessing to path for next season

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 23:19 | Report Abuse

Wow suddenly Lady Sapura become attractive

20:1 share consolidation would mean

At 4.5 sen become 90 sen
At 5 sen become RM 1

16000 million shares become 800 million shares

3 Knights are courting...

White Knight of Aramco

Green Knight of Petronas

Yellow Knight of PNB..

Lady Mabel Al Meow

kyliew

1,386 posts

Posted by kyliew > 2023-03-11 23:19 | Report Abuse

Maybe a character everyone thought alrdy died in previous season suddenly appear on the finale episode on the ending part

kyliew

1,386 posts

Posted by kyliew > 2023-03-11 23:23 | Report Abuse

Sapura season 2.0 with untold and unfolded stories to catch audience heart

Mabel

23,921 posts

Posted by Mabel > 2023-03-11 23:49 | Report Abuse

Meow Meow Meow

IronShirt

3,178 posts

Posted by IronShirt > 2023-03-12 09:38 | Report Abuse

March 11, 2023

(Kuala Lumpur, 11th) Sapura Energy (SAPNRG, 5218, main board energy stocks) finally found a "white warrior", who is expected to inject RM1.8 billion to assist the company in its restructuring.

According to the report of the financial weekly "The Edge", when reading the court documents, it was found that Sapura Energy received a letter on the 15th of last month, stating that a "white warrior" intends to provide funds for the company, but there are conditions attached.

With the addition of the "White Warrior", the company is waiting for an opportunity to launch a new plan to restructure its RM10.3 billion debt.

The additional conditions include that the relevant amount and regulations will be discussed and implemented by the two parties again, and at the same time, it is necessary to agree to adopt a multi-currency financing plan.

Still, the "White Warrior" is not named on court documents, so his identity remains a mystery.

According to multiple sources, the "White Warrior" is expected to come from an oil and gas company in the Middle East. It is believed that a series of negotiations began in November last year.

In response to the matter, the representative of Sapura Energy said that once there is the latest restructuring progress, it will inform Bursa Malaysia, the market and the media as soon as possible, but did not disclose the identity of the "White Warrior".

On the 8th of this month, the High Court announced that Sapura Energy and its 22 subsidiaries had obtained a new court order, prohibiting creditors from taking legal action against the company within three months.

During these three months, both parties also need to hold a meeting with each creditor, so that the company can carry out debt restructuring work with creditors without being distracted by legal disputes.

Sapura Energy Chief Executive Officer Datuk Mohd Annuar Thai said in a statement that despite the limited working capital and the challenging macroeconomic environment, the company's financial performance has improved significantly compared to the previous year.

IronShirt

3,178 posts

Posted by IronShirt > 2023-03-12 09:41 | Report Abuse

Guess what? why SAP request only 3 months for Court extension for 22 subsidaries. 1.80Bil enough for
KFC and satay All nite---------Tomolo 45sens

SinGor

4,874 posts

Posted by SinGor > 2023-03-12 10:17 | Report Abuse

So Monday Closing 30sen Limit Up to 0.345

Alexks8888

110 posts

Posted by Alexks8888 > 2023-03-12 10:44 | Report Abuse

Good 0.045, soon 0.45

Nikmon

3,009 posts

Posted by Nikmon > 2023-03-12 10:53 | Report Abuse

I found gov is naive, Najib is more business sense in this case, now they letting outsiders take a big chunk from Malaysia oil assesst and oil service, do you know that how many Bumi vendor depend on sapura.

Nikmon

3,009 posts

Posted by Nikmon > 2023-03-12 10:56 | Report Abuse

Now you letting outsiders invest with cheap, later they can exist with handsome profit ..gov should has business sense and integrity, seem like too luxury to have both

Nikmon

3,009 posts

Posted by Nikmon > 2023-03-12 13:05 | Report Abuse

Ichina gov invest business which stop by USA, reason unfair to USA firm,

Malaysia different, Rakyat stop gov invest in national important assesst....let outsider take advantage on Malaysia oil assesst which impact by COVID...

Gov don't know SAP now belong by National? Gov don't know crony has been flush out by PNB, replace with non polical background CEO....

Nikmon

3,009 posts

Posted by Nikmon > 2023-03-12 13:11 | Report Abuse

Now this outsider white knight take advantage on cheap oil assesst, they put condition will only invest if creditors agreed on the haircut plan...easy money for outsider investors

Understand

1,034 posts

Posted by Understand > 2023-03-12 13:20 | Report Abuse

Ahyo, stop complaining. If it is let it be. Just enjoy the ride. Easily this will reach 50cent.

Posted by MalaysiaMadani > 2023-03-12 14:01 | Report Abuse

Time for banker to change target price

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-03-12 15:09 | Report Abuse

Your so called White Knight works along the lines like Najib getting his "donations" from Saudi King???....hahahaha

And how does 1.8 B is sufficient for over 10+ B in Debts??

No wonder Bankers are not coming to the Table to discuss.

Eric Lim

508 posts

Posted by Eric Lim > 2023-03-12 18:49 | Report Abuse

High chances is Saudi Aramco based of their previous relationships

Mabel

23,921 posts

Posted by Mabel > 2023-03-12 19:45 | Report Abuse

Wow Saudi Aramco Net Profits is USD 161.1 Billion in 2022..so Strong, so Macho, so Power..

Back to Lady Sapura Battleship......

Sapura QR Result for 1, 2, 3. Q4 coming out this month

Recap..

Sapura Energy Bhd has recorded a revenue of RM1.27 billion with positive earnings of RM75 million before taxes for the 3rd quarter of the financial year 2023 (Q3 FY2023).

Sapura Energy Bhd has recorded a revenue of RM1.17 billion with positive earnings of RM25 million before taxes for the 2nd quarter of the financial year 2023 (Q2 FY2023).

Sapura Energy Bhd has recorded a revenue of RM887 million billion with positive earnings of RM96 million before taxes for the 1st quarter of the financial year 2023 (Q1 FY2023).

Sapura has National Gas reserve worth RM 110 billion. It is the largest O&G support asset owner in Malaysia...

Lady Mabel Al Meow

Mabel

23,921 posts

Posted by Mabel > 2023-03-12 20:29 | Report Abuse

It was shared by Masterkelvin earlier.. Please scroll up his comments in this forum..

Meow Meow Meow

Posted by masterkevin212 > 2023-03-12 23:08 | Report Abuse

Mabel....this has been highlighted by NAJIB earlier. About the valuable reserve.

Mabel

23,921 posts

Posted by Mabel > 2023-03-12 23:53 | Report Abuse

Thank you Masterkelvin!

Yes I remembered it was presented during the debate between Najib and DSAI..

Thank you for reminding me

Meow Meow Meow

Mabel

23,921 posts

Posted by Mabel > 2023-03-13 05:59 | Report Abuse

#epalhong mabel, where you got info sapura has largest national gas reserve? mind to share?
12/03/2023 8:27 PM

Here is the Sources epalhong..

https://www.freemalaysiatoday.com/category/nation/2022/04/02/keep-sapuras-huge-oil-reserves-out-of-foreign-hands-says-najib/

PETALING JAYA: Former prime minister Najib Razak insists that the government offer a loan guarantee to Sapura Energy Bhd in order to save its oil reserves from falling into foreign hands before its full potential can be realised.

He said the company’s subsidiary, Sapura OMV, owned oil and gas reserves of 264 million barrels with a gross value of RM110.8 billion.

Lady Mabel Al Meow

Mabel

23,921 posts

Posted by Mabel > 2023-03-13 06:25 | Report Abuse

Malaysia's most valuable mineral resources are its reserves of petroleum and natural gas. Crude oil, refined petroleum, and, more recently, liquefied natural gas together account for a major portion of the country's commodity export earnings.

Almost all the major oil and gas fields are offshore—off the east coast of the peninsula (Terengganu and Kelantan), the northeast coast of Sarawak, and the west coast of Sabah.

In 2022, the export volume of crude petroleum from Malaysia totalled approximately 8.87 million metric tons, a slight decrease from around 8.9 million metric tons in the previous year.

Malaysia holds 3,600,000,000 barrels of proven oil reserves, ranking 28th in the world and accounting for about 0.2% of the world's total oil reserves of 1,650,585,140,000 barrels.

Malaysia has proven Oil reserves equivalent to 13.9 times its annual consumption. This means that, without Net Exports, there would be about 14 years of oil left (at current consumption levels and excluding unproven reserves) while the Natural Gas reserves equivalent to 38.8 times its annual consumption. This means it has about 39 years of gas left (at current consumption levels and excluding unproven reserves).

Lady Sapura owned oil and gas reserves of 264,000,000 million barrels with a gross value of RM110.8 billion.

Lady Mabel Al Meow

Mabel

23,921 posts

Posted by Mabel > 2023-03-13 07:03 | Report Abuse

Fossil Fuel O&G (Petroleum, chemical and LNG contributes) about 312 billion of Malaysia exports making it the 2nd largest contributor after Electrical and Electronic. Mabel Palm Oil comes 3rd with a contribution of about 98 billion of Malaysian exports in 2022.

Malaysia's export value rose 25% year-on-year (y-o-y) to a record RM1.55 trillion in 2022, on the back of increased shipments to all its major trading partners. The export value in 2022 exceeded the Twelfth Plan projection for 2025, three years ahead of target, as exports to Asean, China, the US, the EU and Japan registered a new record high.

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-03-13 08:24 | Report Abuse

Definitely not the world largest reserves la. Even Malaysia reserves not the largest in the world. Big yes definitely, one of the joke these Bobby chai and co always make is 10B is a lot.

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-03-13 08:26 | Report Abuse

For “ikan bilis” like Bobby chai it’s a lot. Come on la, I won’t want to call anyone ikan billis if you act like normal. But Bobby chai and gang act smart. Big or small, a lot or less has to be used in relation to.

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-03-13 08:26 | Report Abuse

10b is barely enough to explore and develop a field. have some thought on that before you comment

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