When court mari, whole M'sia will know. Eco n Finance will go back to what's really happen since 2013. Which one come first PRN or SAP hearing? Gamin will sure not going to intefere or helps...nanti kena nuclear bom during PRN.
After the massive 5 for 2 right issue, Sapura has settled many debts and the subsequent impairment after impairment creating loses after losses, the NTA is depleting. And the latest one is negative NTA, is it a strategy to convince the creditors, vendors and debt holders to take a hair cut for a win win solution? The stock price is being depressed giving a different picture of actual situation. Another 2 more week , things will be clear , hopefully ! _________________________________________________________________________________________
This is precisely what I was thinking. With the current negative NTA, creditors may have to accept the haircut they proposed, or they might end up receiving even less if SAP's assets are sold at a fire sale.
In September of last year, SAP was able to secure the agreement of 50% of its creditors for the proposed haircut. They now require an additional 25% to persuade the court. This is what my friend in SAP told me
How much you have lost ? I remember you mentioned you lost at Serba and managed to divert in time. After that you trying to save the rest of the share holder
KUALA LUMPUR (April 14): The Sessions Court has allowed Economy Minister Rafizi Ramli's discovery application to obtain documents disclosing Tan Sri Shahril Shamsuddin's remuneration and incentive package during his tenure as Sapura Energy Bhd's chief executive officer.
The court in its decision on Friday (April 14) ordered Sapura Energy to produce the documents sought by Rafizi within one month.
Judge Lailatul Zuraida Harron @ Haron, in her decision delivered via Zoom, said the documents sought by the PKR deputy president were relevant to him as the defendant in a defamation lawsuit filed against him by Shahril.
The judge set May 15 for the court to be updated on Sapura’s compliance with the order to produce the documents.
Rafizi had filed the discovery application on Nov 24 last year, seeking the court's permission for Sapura Energy to reveal Shahril's remuneration and incentive package.
He had on the same day amended his defence in the defamation suit filed by Shahril last May over Rafizi's statements in three articles appearing on his social media accounts in reaction to news that former prime minister Datuk Seri Najib Razak wanted the government to inject more funds into Sapura Energy to save the company.
Rafizi had opposed Najib's calls to further bail out Sapura Energy, claiming that public funds should not be used to protect the elite.
Understand How much you have lost ? I remember you mentioned you lost at Serba and managed to divert in time. After that you trying to save the rest of the share holder 14/04/2023 6:33 PM
You believe what ConHuang said?
Even a dead counter like pmcorpes also he lose. What do you expect with a volatile counter like Serba. People took price action. He goes and freeze like Monk.
Mummy always said..
If you got the right mindset, nothing can stop you. If you got the wrong mindset, nothing can save you.
This Con Fool Time Trader is not destined to be in Stock Market.. Buy one lot makes alot of noises.. Complain Complain complain like babies..
One day wang to be Bad Man.. Next day wang to Rela.. Next day wang yo be Fool Time Trader..
Pity his wife.. Must be tough to live with a Con artist who don't know what he wants our of life...
Ask to swing to 3 sen also cannot... Fool Time Con Trader...
Yes, mostly likely got hit by losses now crying like big baby. Trying to claimed being young. But in actual an old jobless dumb trader. Wana gamble then wana cry. Kotek.
I can imagine how dumb huangs parent is. He should be sad having a dumb parent getting his gene down to him. Ending up do not know what to do but opting to be lazy piece of shit.
I have not known any serious investor, not even trader yet who has so much time in a forum. Remember your time is money, if you are so good in your trade every second is money generating. Lol coming here have fun is one thing, being here 24/7 hard to say it’s fun anymore
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....
Mabel
23,929 posts
Posted by Mabel > 2023-04-14 16:35 | Report Abuse
Who are you actually?