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.

147,314 comment(s). Last comment by Mabel 1 hour ago

Ninth007

475 posts

Posted by Ninth007 > 2023-04-04 11:35 | Report Abuse

Hahaha
Seems bobby aware of the potential of the price reversal soon
TAYOR TAYOR TAYOR
Vrooom
Jit Pai Hoseh Liao ...

Posted by youarewelcome88 > 2023-04-04 11:43 | Report Abuse

It's merely an investment decision. No bailout. It's for the Investment Committee to decide if it is time to reinstate Sapura Energy into it's portfolio. Meaningful & honourable way is through the Rights... my take, of course

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-04 11:47 | Report Abuse

EPF considers charity and NON fixed Income as Investments and not a Bailout???

You're welcome!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-04 11:50 | Report Abuse

The trade volume of dumping to Buyers at 3.5c has exceeded this morning taking Buyers at 4c and ratio 80 : 20.

If this is not an EXIT plan, I don't know what is........

OKU_2020

4,833 posts

Posted by OKU_2020 > 2023-04-04 12:08 | Report Abuse

losing steam & kaput-ing forever
#impotent

Posted by DatoKembara > 2023-04-04 12:14 |

Post removed.Why?

nicholas99

9,863 posts

Posted by nicholas99 > 2023-04-04 12:18 | Report Abuse

active got use? price keep dropping.

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 12:41 | Report Abuse

Dato kembara, I suspect old man burn his hands big time in sapura hahha. Underwear also gone from Rm 4 to Rm 0.04

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 12:43 | Report Abuse

Give him chance to speak out his frustration la. Such pathetic life more so burnt until RIP. He was there all the way sinking from top to bottom

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 12:44 | Report Abuse

Finally I understand his predicament. Sinking ship he was there and we were all not involved. Let’s not hantam him anymore, with his life savings all burnt he has the right to talk bad

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 13:07 | Report Abuse

Then he will come out no where and deny that he has bought before. But again, give him face la. Old man with big ego. Let him pretend, you know I know la.

Ninth007

475 posts

Posted by Ninth007 > 2023-04-04 13:32 | Report Abuse

Hahaha
So angry
This one laugh die me

Ninth007

475 posts

Posted by Ninth007 > 2023-04-04 13:33 | Report Abuse

TalkNumberOne
You strike the truth
Jit Pai Hoseh Liao

Ninth007

475 posts

Posted by Ninth007 > 2023-04-04 13:35 | Report Abuse

Bobby
Why lah delete so fast
Shykah?
Don’t lah
Hahahahaha ahaha
Really 9 laugh die Me

qqq668

262 posts

Posted by qqq668 > 2023-04-04 14:53 | Report Abuse

Have anyone heard or subscribe before a right issue wth ratio of 18 to 1, meaning u hv one lot ( 1000 shares), u are given right to subscribe 18 lot of shares, so much entitlement??? How to justify??? Not logical at all. I remembered those day when Mcement call for right , the ratio was very high, but less than 10, a ratio of 10 to 1 already mind boggling. How about 18 to 1...

qqq668

262 posts

Posted by qqq668 > 2023-04-04 14:56 | Report Abuse

Sapura already such high paid up capital, 16 B, a 2 for 1 right already killing.
A capital reduction of 10 to 1 , already push sapura capital fr 16B to 1.6 B. How to make it happen to 20 to 1? Bringing the paid up capital to only 800 million. A big co like Sapura shld not be so small paid up capital. Look at Armada, what is it's paid up capital?

OKU_2020

4,833 posts

Posted by OKU_2020 > 2023-04-04 15:26 | Report Abuse

pergghhhh
sinking ship
beyond repair

BILLC

2,042 posts

Posted by BILLC > 2023-04-04 15:58 | Report Abuse

Why beyond repair??

Sinka say this is a golden opportunity ,,sapu sapu jangan tak sapu,,,,,

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-04 16:37 | Report Abuse

Everyday, total traded volume shrinking........interest has waned....dumping more on 3.5c

Posted by DatoKembara > 2023-04-04 16:51 | Report Abuse

perrgghhhhh Nujum Bob

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-04 16:54 | Report Abuse

Stepped on your toes? But it's a FACT...dumping more everyday at 3.5c on Buyers.......LOL.

OKU_2020

4,833 posts

Posted by OKU_2020 > 2023-04-04 16:54 | Report Abuse

Argghhhh....
Can't up this PN 17 Sap E
Clinically IMPOTEN*

Posted by DatoKembara > 2023-04-04 17:04 | Report Abuse

perrghhhh dumping on buyers. who are the buyers?

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 17:12 | Report Abuse

Ninth did Bobby joker reply and then delete? Hahahaa I already can predict this old man la

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 17:15 | Report Abuse

Old man Bobby joker. Betul betul fun la. Haha why so angry and why so passionate in the forum? Only one reason, your underwear all burnt inside. That’s why revengeful

Posted by DatoKembara > 2023-04-04 17:15 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-04 17:19 | Report Abuse

So glad I'm making a difference......

Ninth007

475 posts

Posted by Ninth007 > 2023-04-04 17:24 | Report Abuse

Ninth did Bobby joker reply and then delete? Hahahaa I already can predict this old man la
Yes lah
Damm funny reading his comment
Very angry when you burst his secret
Hahahaha
Jit Pai Hoseh Liao

Posted by damansaraeagle > 2023-04-04 17:26 | Report Abuse

what we can do now is queue at 0.035 and sell at 0.04 everyday

Posted by damansaraeagle > 2023-04-04 17:27 | Report Abuse

that if they give me buy at 0.035. You see small fish, they played like pingpong

Posted by DatoKembara > 2023-04-04 17:33 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-04-04 17:54 | Report Abuse

This is the Pledge I am making to you LIARS and gangster kids like those vandals usually found at the D or E Class in schools....

If I am holding SAP shares, I deserve to lose every single penny in my bank...

If You are spewing lies, then your tongues would be skewed and burned till Bacon Crisps.....


So Be It!!!

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 18:41 | Report Abuse

hahaha nothing pledge. Old man already loss his underwear in sapnrg what else to pledge. All the way from Rm2 and sold at RM0.03

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 18:42 | Report Abuse

He is the best in picking the top and the bottom but in a terbalik way. Buy at the top and sell at the bottom

Kanenites

4,519 posts

Posted by Kanenites > 2023-04-04 21:27 | Report Abuse

menarik

gbt_9428

156 posts

Posted by gbt_9428 > 2023-04-04 21:42 | Report Abuse

(ii)-(iii)-(iv)-(viii)-(ix) checkmate
SEB will, as an integral component of the Composite Scheme, undertake the following corporate exercises on or before Effective Date:
(i) a proposed share capital reduction exercise, which will entail an application to the High Court of Malaya under section 116 of the Companies Act for the writing-off of the following items which are lost or unrepresented by the available assets against the accumulated losses of the Sapura Group:
1) the writing-off of RM[xx] of the share capital; and
2) the writing-off of RM[xx] of Reserves, where applicable.
(ii) the proposed share consolidation of every 20 existing ordinary shares of SEB into 1 consolidated ordinary share of SEB;
(iii) the proposed reduction of the conversion ratio of the RCPS-i from 1 RCPS-i to 1 ordinary share of SEB to 1 RCPS-i to 0.4 ordinary shares of SEB.
(iv) the proposed settlement by SEB of a portion of the Outstanding Liabilities of the MCF Obligors amounting to approximately RM500.0 million by way of the issuance of 500,000,000 new ordinary shares in SEB at the issue price of RM1.00 per share;
(v) the proposed settlement of a portion of the Outstanding Liabilities of the MCF Obligors amounting to approximately RM0.6 billion by way of the issuance of 500,000,000 new SEB ICUIDS-I at an issue price of RM1.20 per SEB ICUIDS-I;
(vi) the proposed settlement of a portion of the Outstanding Liabilities of the MCF Obligors amounting to approximately RM0.4 billion by way of the issuance of 250,000,000 new SEB ICUIDS-II at an issue price of RM1.60 per SEB ICUIDS-II;
(vii) the proposed settlement of a portion of the Outstanding Liabilities of the MCF Obligors amounting to approximately RM0.5 billion by way of the issuance of 250,000,000 new SEB ICUIDS-III at an issue price of RM2.00 per SEB ICUIDS-III;
(viii) a proposed fund-raising exercise to raise approximately RM750.0 million by way of the issuance of [1,041,666,667] RCLS-1 to the White Knight at an issue price of RM[0.72] per RCLS-1; and
(ix) a proposed fund-raising exercise to raise approximately RM1.05 billion via the issuance of [1,166,666,667] RCLS-2 to the White Knight at an issue price of RM[0.90] per RCLS2.

izoklse

5,269 posts

Posted by izoklse > 2023-04-04 22:02 | Report Abuse

waaaaa

Huangbk72

4,982 posts

Posted by Huangbk72 > 2023-04-04 22:21 | Report Abuse

Ouch... Pain... End story up still high NOSH with existing minorities shafted.

nice one Bob.. seems above is what you been saying all along

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 22:31 | Report Abuse

I love it how this joker try to twist and turn so that big ego old man is always right. There will not be white knight period that’s Bobby joker old man. How does that link to this? Lol

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 22:32 | Report Abuse

And no haircut

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 22:34 | Report Abuse

Now old man come and explain no haircut no white knight RIP, how does that link to the statement above? Goal post change to basketball hoop also cannot accommodate your twist and turn la. Stop pretending just admit you are an old man with big ego and has achieve nothing in life. This if turns out to be true, lagi teruk your last few months of dedicated work in forum first gone without anyone noticing, now it is completely wrong

TalkNumberOne

2,976 posts

Posted by TalkNumberOne > 2023-04-04 22:35 | Report Abuse

Hahhhahahaha my chun chun 100% prediction old man is terbalik, he say bad must be good, he say good must be bad. Because old man is the best price picker but buy at peak sell at bottom.

Mabel

23,929 posts

Posted by Mabel > 2023-04-04 23:00 | Report Abuse

Maybank Reiterates USD100/bbl estimate for 2023

We are keeping our oil price forecast unchanged, at USD100/bbl dated Brent) for 2023, with upside bias. Oil price could sustain above USD100/bbl should the OPEC+ alliance take a stand to seeing an elevated oil price policy over higher output. This would further tighten the global supply market, which is already being affected by the prolonged structural under-investment and rising demand outlook (China, aviation).

Brent: 84.271: 4.381: 5.48%
Brent is on uptrend.

Yesterday: 03 April 2023 JET A1 Price in Singapore
JET FUELS RATE USD
Jet fuel a1 price per barrel $112.1...

Life is so beautiful...

Meow Meow Meow

Mabel

23,929 posts

Posted by Mabel > 2023-04-04 23:02 | Report Abuse

Wah so nice ...soon Sap price will go up to 90 sen..

Feel sorry for the B40 Uncles and Aunties...

Sap is getting more expensive to buy...

Meow

Huangbk72

4,982 posts

Posted by Huangbk72 > 2023-04-04 23:07 |

Post removed.Why?

Mabel

23,929 posts

Posted by Mabel > 2023-04-04 23:08 | Report Abuse

Sap is like Serbadk ...can eazy gain more than 100% if you don't freeze like Monk..

With these Regulation Plan, Sap should be ready to take on more lucrative contracts..

Join Saudi Aramco’s Long-Term Agreement (LTA) programme
https://sapuraenergy.com/press_release/sapura-energy-selected-saudi-aramcos-long-term-agreement-programme/

value of approximately RM1.85 billion
https://sapuraenergy.com/press_release/sapura-energy-announces-rm1-85-billion-contract-wins-including-saudi-aramco-crpo-59/

Saudi Aramco nears decision for up to 11 coveted offshore contracts
https://www.upstreamonline.com/exclusive/saudi-aramco-nears-decision-for-up-to-11-coveted-offshore-contracts/2-1-1385614

Meow

Huangbk72

4,982 posts

Posted by Huangbk72 > 2023-04-04 23:14 |

Post removed.Why?

Mabel

23,929 posts

Posted by Mabel > 2023-04-04 23:17 | Report Abuse

Finding the starting point to identify which company to invest in can be challenging. One method is to determine which sector is currently favoured based on the macroeconomic backdrop. The business cycle tracks the trajectory of an economy, and composes of four key phases: Expansion, peak, contraction, recession. the same foes with the stock cycle: accumulation; markup; distribution; and markdown. The stock cycle is based on perceived cash flows into and out of company by large financial institutions. That's why volume of trades varies between each cycle..

While all economies undergo these four phases, their respective duration and intensity can vary.

Every phase of an business cycle presents unique opportunities. Some sectors provide higher rewards but punish overly aggressive investors during recessions, other sectors are naturally capped in terms of the returns they can generate but have a place during more prudent times. By considering how various sectors react to the economic cycle, investors have a higher chance to maximize their rewards while minimizing risks.

Full year 2023 earnings released: The operating profit has improved 400% VS last year.

Full year 2023 results:
• RM0.20 loss per share (improved from RM0.57 loss in FY 2022).
• Revenue: RM4.55b (up 11% from FY 2022).
• Net loss: RM3.20b (loss narrowed 65% from FY 2022).

Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Energy Services industry in Malaysia.

Over the last 3 years on average, earnings per share has fallen by 28% per year and the company’s share price has also fallen by 28% per year.

Thank you Uncle and Aunties for selling to Mabel at 28% discounted prices last week. Soooooo apy. Mabel average holding cost is now less than 4 sen and Brent has already touch USD 85

Life is so beautiful..

Meow

Mabel

23,929 posts

Posted by Mabel > 2023-04-04 23:21 | Report Abuse

Huangbk72 SAP inherited a legacy of paying premium for their assets, thin margin, mismanagement.

Add debt 16B.

Selling assets now at loss to repay debts and eliminate future revenue streams.

Pity Conmabel holding SAP since last year.. price chart like waterfall.. can’t even escape.

04/04/2023 11:14 PM

Haha BatHuang is here ke..?

Helping SuperBob ke..?

Man of panties..hahaha...Mabel used to wear panties down under ...however how cum you two wear up and above RED and BLACK some more..so cute...hihihi..

As long as Shahril and his band of yes-man BOD are purged out, there is hope for Sapura to get back on the right track. Loss making legacy projects and mega debts are some of the incredible mess left behind by the previous senior management. The new CEO is certainly well aware of the issues, the monumental tasks ahead and is prepared to do what is necessary.

It is getting clear and final, the New Management has decided to dispose it's upstream arm SapuraOMV, it's most valuable asset. The current scenario where oil price is high compare to 2019, is good strategy to dispose to pare debt. Even Austria OMV has the same thought. Market will be willing to buy over this oil wells. This 50% stake of SapuraOMV should fetch significantly higher price compared to 2019 ( 3.8 B ).

From the Grapewine...

Negotiation with creditors almost done.
Creditors agreed to take haircut and move on.

Court need SAP to proof at least 75% creditors agree with debt restructuring.

Debt 16Bil after haircut jadi 4-5B
SAP sell asset + Handsome White Knight 1.8B cash injection to settle debt

White Knight private placement at 0.035sen

Cheri Meow

Mabel

23,929 posts

Posted by Mabel > 2023-04-04 23:24 | Report Abuse

Please sell to Mabel at 3 sen ya...

Mabel still waiting...

Cheri Meow

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