*Sapura Energy finds a white knight* this statement is from The Edge. This information came from Sapura`s court document and based on this information, the court allowed extension of 3 months for debts restructuring.
This is not nonsense information. Sapura management dare to submit fake news to the court? Think about it.
The recent oil n gas stock weakness also paving for a settlement of terms n conditions for Sapura Energy with it's creditors. 2019, Sapura sold it's 50% upstream business to OMV for 3.8 Billion, how come now the other 50% only worth 2.25 Billion ? And the consolidation of 20 to 1 , how do they derive this ratio ? Rumour only ? To induce weak holders to dispose? Scenario Of 2019 and now 2023 for oil & gas industry is very different already.
Penny counter (below 30 sen) usually attracts Syndicate and their B40 Goon who started flooding this forum 24x7 including weekend to earn extra income while the smart shareholders continue to Goyang kaki. They are controlling the price movement. Certainly not the retailers. They sell at 5 sen and want to collect back at 4 sen. Well good luck to them. Mabel not selling. Mabel waiting for Q4 which cumming soon. As long it's above 4 sen, Sapura is positive in Mabel's P&L
Bon888 *Sapura Energy finds a white knight* this statement is from The Edge. This information came from Sapura`s court document and based on this information, the court allowed extension of 3 months for debts restructuring.
This is not nonsense information. Sapura management dare to submit fake news to the court? Think about it.
#我就坐着等石头变黄金! 22/03/2023 12:08 PM
Yes lah...what is wrong defending a Malaysian Companies with good potential?
Does that mean Prince Aramco is scammer? Does that mean PNB is scammer?
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 B40 Old men and Crying Babies..
#SinGor 99% who BET on Sap are seasoned Gambler. ( PN17) I found it hilarious some "Green shoots" come here to advise "Hard Core Gambler" about what is Risky and what is Not. My suggestion to Green Shoot, go back and finished your Milk first before the cockroaches start bathing on it. 21/03/2023 2:24 PM
Haha the Best Comments to date!
Let's talk about fact..
Mabel invests in PN17’s Barakah made 800 %
One Dirty Old Man 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…
888 is so gullible and thinks we are all kids. An offer on A4 paper purportedly to be from an UNNAMED white knight and the Judge is bound to give consideration???? Based on heresay and a piece of A4 paper???
Of course la, the Judge would want to get the replies from the Creditors/Bankers and thus the 3 months extension UNTIL 8th June 2023 for their meet up (if any)
888, can you pull up any better white rabbit from your clown hat?????
Posted by Bon888 > 33 minutes ago | Report Abuse
*Sapura Energy finds a white knight* this statement is from The Edge. This information came from Sapura`s court document and based on this information, the court allowed extension of 3 months for debts restructuring.
This is not nonsense information. Sapura management dare to submit fake news to the court? Think about it.
And of course, 888 is trying very hard to deviate and throw another story using that RO from last 3 weeks to fabricate another Fake story of another Extension..........LOL
KY_liew (cream, lubricant for privates) also staging another story expressing an application for Extension until September, 2023 WHICH WE WOULD APPRECIATE THE LINK OR THE PRESS RELEASE!
Posted by kyliew > 1 hour ago | Report Abuse
Committee alrdy applied for standstill until Sept 2023.
Everyone could see there are only 2 most possible outcomes :
Wind up......
OR
Share consolidation and then raise funds with Rights (not even sure shareholder would still want in) in which case, shareholders are given a second screwing.........taken their money to pay Debts YET AGAIN........
Meow meow travelling time again. Let’s go diving and enjoy life. Let the old man busy in forum while watching his cash flow diving down. That if he still has cash flow la, with the insights you gave earlier, maybe underwear also no more
#TalkNumberOne Meow meow travelling time again. Let’s go diving and enjoy life. Let the old man busy in forum while watching his cash flow diving down. That if he still has cash flow la, with the insights you gave earlier, maybe underwear also no more 22/03/2023 1:50 PM
based on the timing SAP and nego. with White knight, i think Previous Finance Minister Tengku zafrul did reveal he is asking Petronas to find a solution. White Knight could be a Petronas subsidiary....
This is the best white rabbit you could pull out of your clown hat?????
Posted by SinGor > 14 minutes ago | Report Abuse
based on the timing SAP and nego. with White knight, i think Previous Finance Minister Tengku zafrul did reveal he is asking Petronas to find a solution. White Knight could be a Petronas subsidiary....
There is ONLY one person that I know who spend 7/24 Talking on a single share (without owning a Single Share). He is "Ular of TopGlove" Now OldMan Bobby & recent OKU & maybe ROGER (vegetable Seller ) SAME ID
Hey, hey...focus on the subject not on the people........and I don't know who the hell these people are, except for Snakey from HRC.....(R.I.P. his soul)
So, your best possible outcome is still a white knight??? How would that BENEFIT current shareholders? Their shares would not be diluted???? Interesting clown, but never offer a PLAUSIBLE escape for SAP....
Posted by SinGor > 6 minutes ago | Report Abuse
There is ONLY one person that I know who spend 7/24 Talking on a single share (without owning a Single Share). He is "Ular of TopGlove" Now OldMan Bobby & recent OKU & maybe ROGER (vegetable Seller ) SAME ID
Did we read you correctly???? You're saying they are paying themselves a few Billions????
Posted by epal22 > 38 seconds ago | Report Abuse
u c, take our a few billions without questioning by anyone is quite a tough thing to do.. without a good narrative.. let's give them another week to write a good storyline..
10 millions at sell queue against your over 430 millions on Buy queue........see who shall blink first. My bets on buyers so RELUCTANT to buy even at 4.5c........LOL
Sin Kar Lan, told you many times, focus on the subject not the people. Your hearsay is awfully bad.....you should read what and how they describe my "snake"....hahaha...frightening......
For the 1000th time...I AM NOT SNAKEY FROM HRC OR TG.........
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bon888
3,368 posts
Posted by Bon888 > 2023-03-22 12:08 | Report Abuse
*Sapura Energy finds a white knight* this statement is from The Edge. This information came from Sapura`s court document and based on this information, the court allowed extension of 3 months for debts restructuring.
This is not nonsense information. Sapura management dare to submit fake news to the court? Think about it.
#我就坐着等石头变黄金!