Yeah is not a right time to enter now. The restructuring can turn sideways. Bobby cai, I cannot and will not want to explain to much. My bet the restructure will succeed. Whether minority shareholder will be impacted, that I am not sure. Looking at the proposed scheme 20:1 consolidation will definitely hit those who bought at high price.
People have difficulty understanding why getting a haircut is easier for big amounts of loans vs small amounts. Bankers earn their money from profit & share price appreciation. Having to liquidate is bad for their bonus, better to restructure & continue BAU. In the end, they know how much of the 10 billion is principal & how much are profits, penalties & other charges
Why you never explain why Serba didnt get haircut from colossal 5B debt.
Supposed to be easy right based on your explanation...
Can you try ?
Posted by hulwan > 4 minutes ago | Report Abuse
People have difficulty understanding why getting a haircut is easier for big amounts of loans vs small amounts. Bankers earn their money from profit & share price appreciation. Having to liquidate is bad for their bonus, better to restructure & continue BAU. In the end, they know how much of the 10 billion is principal & how much are profits, penalties & other charges
B40forever, I apologise for belittling you. I used to be a B40 just like you but after I am already well off now, I kind of forget my origin. Please accept my sincere apology.
Now, gentlemen, shake hands and let it be water under the bridge.....
A man has emerged from a boy....good for you, Mr Understand!
Posted by Understand > 2 minutes ago | Report Abuse
B40forever, I apologise for belittling you. I used to be a B40 just like you but after I am already well off now, I kind of forget my origin. Please accept my sincere apology.
Hahaha....I feel these gang of promoters are so low in calibre and with low IQ that they are posting trash and chasing their own tails, running in circles............LOL
You forgot to mention all T20 .... the type that works day job and posting only morning, lunch and night.. Slogging away earning a fixed paycheck.. only able to invest in penny stocks/ PN17.. hoping for a " Hail Mary" strike.
So true.......hahaha They are waiting for their hail Mary when we are having Bloody Mary.......
Posted by Huangbk72 > 1 minute ago | Report Abuse
You forgot to mention all T20 .... the type that works day job and posting only morning, lunch and night.. Slogging away earning a fixed paycheck.. only able to invest in penny stocks/ PN17.. hoping for a " Hail Mary" strike.
Still wondering why they called themselves T20..........is it because they are the Technicians at line #20 of the Production facility????.....LOL....laugh die me........
Bobby very scare2 court will grant RO extension. Day in day out Ro expired, company wind up. Laugh die me. Now cannot spin keep pusing2 new thing. Kikiki
Extend RO for all I care......Price is already locked and these bunch of low IQ promoters still don't know the reason why it is stopped at 3.5c........so stu...peed...what eedits.
Until n Unless bahlol shahril refuse to be humble and settle court, Anwar will not step in help sapu la. So bengong shahril do the first step apologise that you anger them. Then Anwar is very pemaaf will forgive and conduct forensic audit. Then whole management will be investigated one by one
You have no idea of the number of possibilities and computations of this outcome and you are a silly small kid out on your first rodeo.....shooting thousands of arrows and hoping one will hit target is not going to work........
TAYOR : check with your Remisier before coming to a decision.
Thank you. I am glad that you found my sharing helpful. I always appreciate hearing different perspectives and sharing knowledge. It's unfortunate that some people prefer to trolling when they don't have any factual or accurate information to share.
The rest of SAPURA shareholders, let's continue to focus on productive conversations.
You can stop lying about, "some people prefer to trolling when they don't have any factual or accurate information to share."...when Mr Huang can provide from 6 websites of PNB shareholdings and you are not even able to show one from 2023......that must be the heavy slap on your face......slap! slap!
Disclaimer: The following writing represents my personal opinion as a shareholder of SAPURA Energy. The content is derived from the company's official announcements, market news, rumors, and gossip circulating in the market.
Sapura Energy, a leading oil and gas company in Malaysia, has been facing financial troubles for some time now. However, there is hope for the company in the form of a WhiteKnight (QATAR ENERGY) investor who is willing to invest in the company subject to the agreement of the schemes with the MCF financiers. Here are some reasons why it would make sense for a WhiteKnight to buy Sapura Energy:
1) Sapura Energy is undervalued: With a current valuation of only RM500 million, Sapura Energy is one of the cheapest assets in the world. This presents a great opportunity for a WhiteKnight (QATAR ENERGY) to acquire a company with significant potential at a very reasonable price.
2) Sapura Energy has valuable oil and gas reserves: Despite its financial troubles, Sapura Energy has billions of dollars in oil and gas reserves. This means that a WhiteKnight (QATAR ENERGY) can acquire a company with a substantial amount of valuable resources that can be developed and monetized over time.
3) Sapura Energy has technical expertise and experience: Sapura Energy has been operating in the oil and gas industry for over four decades, and has established itself as a leading player in the market. The company has valuable technical expertise and experience that can be leveraged by a WhiteKnight (QATAR ENERGY) to further enhance its operations.
For example, a WhiteKnight (QATAR ENERGY) could use Sapura Energy's expertise in offshore drilling to expand its own operations, or tap into the company's experience in the exploration and production of oil and gas to improve its own processes. Additionally, Sapura Energy's extensive network of partnerships and relationships within the industry can provide a WhiteKnight with valuable opportunities for growth and expansion.
Overall, the acquisition of Sapura Energy by a WhiteKnight (QATAR ENERGY) makes a lot of sense, given the company's undervaluation, valuable oil and gas reserves, and technical expertise and experience. It presents a great opportunity for a strategic investor to acquire a quality asset at a very reasonable price, with the potential for substantial long-term returns
It is possible that the recent oil discovery made by Sapura Energy's partner Wintershall Dea in offshore Mexico's Block 30 could be a factor that influenced WhiteKnight's decision to save Sapura Energy.
The discovery, which may contain 200 to 300 million barrels of oil equivalent, is a significant milestone for the consortium and could potentially lead to increased revenue for Sapura Energy.
Sapura Energy's involvement in this consortium could bring in more contracts and projects related to the development of Block 30. This could lead to increased revenue for the company in the long term.
Furthermore, the discovery reinforces the attractiveness of Sapura Energy's license portfolio, which could make the company a more appealing investment opportunity for potential investors like WhiteKnight.
SapuraOMV announced in a Bursa Malaysia that drilling began in October 2022, and the target reservoir was successfully reached in January 2023.
On February 15, 2023, Sapura Energy received a formal letter from a white knight expressing support for its restructuring efforts to preserve the Malaysian oil and gas (O&G) industry.
The discovery of 200-300 million barrels of oil is a significant find, and it is likely that White Knight is aware of its importance.
So how much is 200-300 million barrels of oil worth? As of May 11th, 2023, the price of oil is around $72 per barrel.
a) If we assume a conservative estimate of 200 million barrels, and SAPURA OMV owns 30% of the Kan exploration prospect, the total value of the oil discovery would be around $4.32 billion or approximately RM 18.2 billion.
b) If we assume a more optimistic estimate of 300 million barrels, SAPURA OMV's share would be around $6.48 billion or approximately RM 27.3 billion.
If anyone has a different perspective, please feel free to share it with me. Shareholders of Sapura Energy are welcome to engage with me and contribute to a positive discussion in this forum. Let's not pay attention to the B40Haters of Sapura. I will not tolerate any troll comments and remember to use OUR hashtag #AkuYangBeliKauYangPanas #DahKenapa.
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....
hulwan
65 posts
Posted by hulwan > 2023-05-11 12:26 | Report Abuse
If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem