Posted by Mabel > 2023-04-12 13:02 | Report Abuse

Haha..soon wang will becum a beautiful Battleship while another wang will becum a beautiful Jet Fighter..

Time for Lobsters Lunch...

Looking forward to collect at 3 sen...

Mabel Blonde hair oledi White waiting for Uncles and Aunties promises to sell to Mabel at 2-3 sen...

Please try harder Uncles...it's not working...

Meow

Posted by BobAxelrod33 > 2023-04-12 13:03 | Report Abuse

The very words of : Share Consolidation already sends shivers to shareholders as it shrinks the values of the share that you are holding.
Further, the 15.35 Billions in Debts are not just going to go away, otherwise why did Creditors/Bankers sue and find NO OTHER ALTERNATIVES but to wind up the Borrower (Lap SAP)???

Even if and should the shares be consolidated and heavy losses to Values and shareholders, HOW COULD the Company raise more Funds to pay off and square position? RI or PP??? RI would bleed shareholders a second time (after consolidation) and PP would dilute shareholders' Value since the Buyer/s have a DISCOUNTED RATE, coupled with the NOSH pushed up which affects future Earnings divisions (probably not seeing any Div for next 15 years?)

I sincerely wish someone would show a WORKING SOLUTION for the sake of the poor current shareholders.

TAYOR : check with your Remisier before coming to a decision.

Posted by BobAxelrod33 > 2023-04-12 13:04 | Report Abuse

In the last QR report, even the CEO mentioned that it is most challenging to conduct business with Credit Lines from Bankers suspended....

Book Orders from a decade ago was over RM32 Billions and fell to current level of only RM5+ Billions.. how could such low business support their Debts' repayments, let alone just the Interest?

Shareholder Funds has drop to just a little above RM40 millions for a company to undertaken Billions of Rgt in Orders? Which Banker would not find that Risky?

PNB had pumped in Billions just a few years back and now your hands are out begging for more????

TAYOR : check with your Remisier before coming to a decision.

Posted by DatoKembara > 2023-04-12 13:11 | Report Abuse

share consolidation reduces the value of shares?
This has nothing to do with shrinking the value of shareholders' investments.
share consolidation involves combining shares and increasing the face value, which ultimately reduces the number of outstanding shares.

Who said that the 15.35 billion in debt would just disappear?
Debt restructuring is the solution, which could involve a combination of long-term and short-term restructuring, as well as creditors accepting a haircut. It is better for creditors to take a haircut than to sell SAP assets at a fire sale.

How can the company raise more funds to settle its position? Will it be through rights issues or private placements?
The company has already confirmed that it will carry out a private placement to bring in a White Knight investor.

haiyooo jangan tanya banyak sgt bob. Lu nampak buduh.

Posted by Understand > 2023-04-12 13:18 | Report Abuse

Bob sure or not you study finance. So many wrong facts. My fish also laughing already...

Posted by DatoKembara > 2023-04-12 13:22 |

Post removed.Why?

Posted by Huangbk72 > 2023-04-12 13:25 | Report Abuse

Share consolidation for a loss making company like SAP with debts over 15B is extremely bad for shareholders.

We are talking probably a decade of non profit situation. If consolidation 20-1.. after conso, price will continue to drop, your initial holding losses is magnified.

If Profitable company conso, shareholders rejoice

Posted by DatoKembara > 2023-04-12 13:36 | Report Abuse

Once again, it appears that you have a lack of education in finance and investment. Allow me, as a highly educated T20 individual in this i3 forum, to teach you.

Your statement that share consolidation is extremely bad for shareholders in a loss-making company like SAP with debts over 15 billion is incorrect. As I explained in my response to Mr. Boob, share consolidation has nothing to do with shrinking the value of shareholders' investments, and debt and share consolidation are not related. Share consolidation simply reduces the number of outstanding shares, and that's its only purpose.

Consolidation is typically used by companies whose share prices have fallen, and they want to avoid delisting their shares or attract more investors by increasing the per-share price. It's important to note that profitable companies will not do share consolidation, but rather a stock split.

Your statement that 'if a profitable company consolidates, shareholders rejoice' demonstrates your lack of knowledge in the stock market.

Posted by DatoKembara > 2023-04-12 13:38 | Report Abuse

If you wish to engage in an argument with me, please articulate your points clearly and effectively. If your proficiency in English is inadequate, you may use Malay. If your command of Malay is also limited, perhaps you can use sign language.

Posted by DatoKembara > 2023-04-12 13:44 | Report Abuse

If I perceive that your argument resembles that of an uneducated or immature person, I will not engage in a response. There's no point in arguing with individuals who possess a narrow mindset. I would end up losing either way

Posted by TalkNumberOne > 2023-04-12 13:45 | Report Abuse

Hahaha Dato, old man go hiding kick his wounds. And then will pretend didn’t read your post and rant the same thing

Posted by TalkNumberOne > 2023-04-12 13:47 | Report Abuse

The moment he said 15billion debt is bad. I already write him off la. No knowledge in finance at all. This is typical old man big ego. Got no knowledge but want to pretend wise, then when you question old man will say you are dumb got no knowledge

Posted by DatoKembara > 2023-04-12 13:49 |

Post removed.Why?

Posted by BobAxelrod33 > 2023-04-12 14:01 | Report Abuse

Mr Huang, there is no need to further explain this particular SHARE CONSOLIDATION as the MAIN purpose is to blot it up again with new issues. When faced with the reality to pump in more funds from shareholders AFTER consolidation, most would just DUMP these shares, which would cause the DIMINISHED Value.

If a company of very high NOSH BUT WITH GOOD PROFITS AND CASH RESERVES decides to consolidate their shares tighter, their value increases. Or they may even do a Share Buyback to reduce the floats. And If such company do the REVERSE of consolidating, which is to SPLIT SHARES, to be more affordable, the value remains or increases as more would chase the lower entry prices.

Call me what you can, or what you like, but take a look at VSOLAR's price after their announcement for 30 : 1

Even before the Rejected Proposal, Lap SAP stated a 20 : 1 which immediately had a response in the market, DID THE PRICE GO UP OR DOWN???

TAYOR : check with your Remisier before coming to a decision.

Posted by Kanenites > 2023-04-12 14:06 |

Post removed.Why?

Posted by kyliew > 2023-04-12 14:10 | Report Abuse

Dato, when a person is sohxx, what can you expect.

Posted by DatoKembara > 2023-04-12 14:10 | Report Abuse

I cannot entertain this type of argument where you only choose a scenario where you can be proven right.

For instance, claiming that after consolidation, most people would dump their shares, which would result in decreased value. Instead, why not look at the example of AirAsia after consolidation?

I anticipate that your response will be, 'AirAsia is an exception' or 'SAP has 15 billion in debt,' and you will attempt to dismiss the example.

Posted by kyliew > 2023-04-12 14:10 | Report Abuse

I alrdy didn't post in this forum just let him bark. No nd to response his msg la.

Posted by BobAxelrod33 > 2023-04-12 14:12 | Report Abuse

Isn't it deplorable when these group of animals wants to portray that the single step of Consolidation would not entails any further repercussions by subsequent moves and consequences.??? You think they would just STOP at the Shares Consolidations?????

My pet fish has better forward thinking mentality than this bunch of clowns.......LOL!

Posted by BobAxelrod33 > 2023-04-12 14:16 | Report Abuse

My toes are laughing so hard now.... Capital A has made Provisions of RM33 Billions which had been written back in 2022. The price still hasn't moved until (lately) more details were release and now awaiting the FULL Restructuring Proposal to be Approved.

What NA and Liquidity Ratio has Lap SAP? And How would their Proposal look like?

Care to speculate?

TAYOR : check with your Remisier before coming to a decision.

Posted by DatoKembara > 2023-04-12 14:17 | Report Abuse

Alright, I will end the discussion here. Bob, it's evident that you are not on my level, as the way you present your arguments indicates that you are incapable of engaging in a productive discussion.

Your points lack clarity and are often difficult to comprehend. Sometimes your proficiency in English is also questionable, and even when switching to Malay, it remains difficult to understand. Perhaps sign language would be a better medium, So OKU can understand you

Posted by BobAxelrod33 > 2023-04-12 14:18 | Report Abuse

Lunch break over? so soon?......back to Production Line????? Better hurry before your supervisor penalise you for being late....LOL!

Posted by DatoKembara > 2023-04-12 14:19 | Report Abuse

It appears that you ask questions in your argument simply to make yourself appear intelligent. However, it's important to recognize that this tactic is not effective, and it's time to wake up and acknowledge the reality that you are not as knowledgeable as you believe.

Posted by BobAxelrod33 > 2023-04-12 14:22 | Report Abuse

Well, if my questions are frivolous and the matters of concern I posted are only rubbish, why didn't you show me where did I go wrong? Rebut and debunk the matter of interest that is so pertinent to the survival of this stock.....NO?

Posted by BobAxelrod33 > 2023-04-12 14:23 | Report Abuse

Better still, offer a better proposal so that Lap SAP may solve their Debts problems. That being resolved, everything would be fine and Business as usual.....NO?

Posted by BobAxelrod33 > 2023-04-12 14:26 | Report Abuse

And that imbecile, court jester thinks that RM15+ billions Pile of Debts is actually good???? Mana sekolah dia???

What is their Liquidity Ratio? He thinks this company can take on any amount of Debts???? Can repay or not? Why caught in such position of being Wind Up with Court Order??

Have news for you, this is not a Tesla, Amazon or MSoft PLC.....understand?

Posted by OKU_2020 > 2023-04-12 14:56 | Report Abuse

Pergghhhh......!!

Posted by qqq668 > 2023-04-12 15:07 | Report Abuse

Armada 71, Mhb 67.5, Uzma 69, rotating to go higher n higher, what it implies on Sapura Energy ??

Posted by Huangbk72 > 2023-04-12 15:17 | Report Abuse

Its sad people dont really understand Share Consolidation. Be positive in your own ways.. time will prove everything.

Debt is the main issue.. rest are noises.

Posted by BobAxelrod33 > 2023-04-12 16:01 | Report Abuse

Mr Huang, you are only sad and disappointed with these disgusting animals?

Many would have far worse adjectives to call these demons. They would stoop so low and stop at nothing to lure newbies, causing more harm to others!

They have no workable, positive, plausible solutions for Lap SAP to be saved but only avoiding the Debts issues as if it doesn't exits. All the while, telling that it's safe to wade in or hold on tightly. Of course, we are not asking or making a SELL call, we only wish to debunk their lies of which they cannot even simply reply, only to hit below the belt personally.

TAYOR : check with your Remisier before coming to a decision.

Posted by ocbc > 2023-04-12 16:06 | Report Abuse

Will PMX let Sapura bankrupt ???

Posted by BobAxelrod33 > 2023-04-12 16:08 | Report Abuse

Wrong question.... of course he won't want that to happen but the RIGHT question is, Would PMx bailout Lap SAP???

Got it?? (and you already know the answer)

Posted by qqq668 > 2023-04-12 16:24 | Report Abuse

Sapura Energy has 6 production sharing contracts. SK 310 n SK408 are producing gas as feed stock to the bintulu LNG plant. The rest are in Brazil, New Zealand n Sabah. The higher the oil price the better for Sapura. Also the longer wait for this restructuring deal, the oil well will produce bigger volume of gas as production increase over time. Shall Sapura decided to sell this upstream asset, it will be able to fetch higher value now.

Posted by BobAxelrod33 > 2023-04-12 16:40 | Report Abuse

I just cannot understand it. Telling Bankers and Creditors that you have a machine that could potentially turn sand into gold and they should forget about the Debts?

Bankers/Creditors are asking, can you please settle the Debts first???

Posted by Understand > 2023-04-12 16:47 | Report Abuse

Ahyo BOB,bcos you are not understand. That is the reason.

Posted by BobAxelrod33 > 2023-04-12 16:55 | Report Abuse

I don't understand is not any problem. But the millions of investors out there are not buying up the Seller's 107 miilion shares at queue for Sale? Care to tell me why so?

Posted by ocbc > 2023-04-12 16:58 | Report Abuse

potential 10 to 1 type of share

Posted by BobAxelrod33 > 2023-04-12 16:59 | Report Abuse

What is 10 to 1? (that could solve the Debt problems?) Care to elaborate? No point to hide and talk like a kid.

Posted by BobAxelrod33 > 2023-04-12 17:04 | Report Abuse

I don't understand is not any problem. But the millions of investors out there are not buying up the Seller's 107 million shares at queue for Sale? Care to tell me why so? They also don't know?? Everyone don't know except you? You know everything......Please help us understand!

Further more, if Lap SAP is such a cash cow, where are those Local institutions??? taking over the whole float at 4c - 6c is not even a thin film off the surface of their Bank balances.....
They are not biting??? WHY??

Posted by BobAxelrod33 > 2023-04-12 17:07 | Report Abuse

No reply? Cannot speak now?

Then let me tell you why....Anyone wants to buy out the Company, ultimately INHERIT their Debts.......Now go figure. (and please check their Negative NA)

TAYOR : check with your Remisier before coming to a decision.

Posted by BobAxelrod33 > 2023-04-12 17:24 | Report Abuse

Risk? Don't understand, like a gamble? What are the Odds like, any clue?

How's this a gamble now it's can of worms has been opened and Bankers/Creditors suing to Wind Up? What are the course to RETURN and how can they do it?

You must say the factors that would work for them. Cannot just say buy and hope for the best!! LOL!

TAYOR : check with your Remisier before coming to a decision.

Posted by ocbc > 2023-04-12 17:37 | Report Abuse

@BobAxelrod33
10 to 1 means existing shareholders will have to cut lost. Invest $100 and get back $10.

Posted by BobAxelrod33 > 2023-04-12 17:39 | Report Abuse

FYI
BTW
PS
PS2

Both the banks you quoted, SVB and C Suisse toasted their shareholders and Bonds holders. The FIDC only GUARANTEED the depositors to get their money back. And C Suisse value was worth at USD8 Billions and the New Owners paid only USD2 Billions. All their shareholders lost EVERYTHING.........LOL! (what kind of analogy are you talking about?)



Posted by Raja138 > 4 minutes ago | Report Abuse

It's a Malaysian version of too big to fail company like Silicon Valley Bank & Credit Suisse. It's ok with me if SAP kaput!!!.

Posted by BobAxelrod33 > 2023-04-12 17:40 | Report Abuse

Where have you been? Just came back from Mars? They had proposed earlier to consolidate 20 : 1 plus Debt Papers but was not Accepted.
Posted by ocbc > 1 minute ago | Report Abuse

@BobAxelrod33
10 to 1 means existing shareholders will have to cut lost. Invest $100 and get back $10.

Posted by BobAxelrod33 > 2023-04-12 17:48 | Report Abuse

OMG! where did they find you promoter from? the trash bins?

I didn't say the 10 to 1.......ocbc did......


Posted by Raja138 > 1 minute ago | Report Abuse

Read again the proposal Bob... I never seen this "10 to 1 means existing shareholders will have to cut lost. Invest $100 and get back $10....


Posted by ocbc > 48 minutes ago | Report Abuse

potential 10 to 1 type of share

Posted by BobAxelrod33 > 2023-04-12 17:48 | Report Abuse

Ada nampak ini ---->>>>>


Posted by ocbc > 10 minutes ago | Report Abuse

@BobAxelrod33
10 to 1 means existing shareholders will have to cut lost. Invest $100 and get back $10.

Posted by SinGor > 2023-04-12 17:54 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/Oil-Demand-Set-To-Remain-Strong-For-Years-To-Come.htmlhttps://oilprice.com/Energy/Crude-Oil/Oil-Demand-Set-To-Remain-Strong-For-Years-To-Come.html
_____________________________________

SAP can operate another 30, 40, 50years to come. No need to sit here everyday. Buy and freeze

Posted by BobAxelrod33 > 2023-04-12 17:58 | Report Abuse

What has the World's demand for Oil or its transition anything to do with HOW Lap SAP DEALS WITH ITS CRUSHING DEBTS and can breath again???

Posted by BobAxelrod33 > 2023-04-12 18:02 |

Post removed.Why?

Posted by Huangbk72 > 2023-04-12 18:06 | Report Abuse

Haha.. back of the envelope calculation. If every quarter they can hit 45B revenue.. can... whether SAP can do it or not, its another question.

Posted by BobAxelrod33 > 6 minutes ago | Report Abuse

What has the World's demand for Oil or its transition anything to do with HOW Lap SAP DEALS WITH ITS CRUSHING DEBTS and can breath again???