SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

8,502,700


80 people like this.

147,483 comment(s). Last comment by Mabel 2 hours ago

Icon 888

2,299 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Buy reneuco better than sapnrg

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Raja138 Pride in Malaysian companies such as Petroliam Nasional Bhd (Petronas), Yinson Holdings Bhd (KL:YINSON) and Sapura Energy Bhd (KL:SAPNRG), which have been established in Brazil for a long time and have achieved success at the global level.
https://www.klsescreener.com/v2/news/view/1388115
07/09/2024 3:42 PM

While Mabel understand that the current crude oil price environment justifies an upcycle in global capex, Mabel highlight on potential lower capex spending by PETRONAS as its revenue & cash flows comes off, with PETROS having assumed the role of sole gas aggregator in Sarawak. Given this on-going development, Mabel will keep Yinson and Pchem and will continue to maintain Lady Sapura until she is fully recover from her current P17 Morning sickness...

For your information, Yinson, Petronas Chemicals Group (Pchem), and Sapura Energy (Sapnrg) have significant operations and projects outside Malaysia, reducing their dependency on Petronas projects within the country.

Yinson: This company has diversified its portfolio significantly. It operates globally, with projects in countries like Brazil, Ghana, and Vietnam. Yinson is also expanding into renewable energy and green technology sectors.

Petronas Chemicals Group (Pchem): While Pchem is a subsidiary of Petronas, it has a broad international presence. It exports its products to over 30 countries and has manufacturing facilities in Malaysia and abroad.

Sapura Energy (Sapnrg): Sapura Energy has a strong international footprint, with operations in regions such as the Americas, Africa, and the Middle East. It provides integrated oil and gas services, including engineering, procurement, construction, and installation (EPCI) services.

These companies international operations help them mitigate risks associated with being overly dependent on a single market or client.

To Our Success !
Captain Mabel Meow

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

#Mabel #InvestorKING Mabel, recommending you to buy Reneuco la, heard that a very strong catalyst, till end of September or early of October,will fly high
06/09/2024 1:56 PM

#Icon 888 Buy reneuco better than sapnrg
06/09/2024 6:53 PM

Meow IK and Icon888…

Mabel will pass renueco as Mabel already have enough exposures in Bursa. Mabel will continue to hold PN 17 Sapnrg and Capital A as its not so heavy holding this ship. Beside Mabel loves to see a complete turnaround of this honest and hardworking companies. Here are the counters that Mabel are currently engaging. These companies are in KLSE Top 30 companies by market capitalization in 2024:
• Maybank (Malayan Banking Berhad) - RM 143.5 billion
• CIMB Group Holdings Berhad - RM 92.1 billion
• Petronas Chemicals Group Berhad - RM 47.0 billion
• Sime Darby Plantation Berhad - RM 33.0 billion
• YTL Power International Berhad - RM 30.4 billion
• IOI Corporation Berhad - RM 25.9 billion
• Kuala Lumpur Kepong Berhad - RM 24.6 billion
• Sunway Berhad - RM 23.5 billion
• Gamuda Berhad - RM 21.9 billion
• Sime Darby Berhad - RM 17.5 billion
• KLCC Property Holdings Berhad - RM 14.8 billion
• Yinson Holdings Berhad - RM8.98 billion
• Bank Islam Malaysia Berhad - RM5.89 billion.

To Our Success !

Captain Mabel Meow

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024)- Dividend enough to cover Mabel's exposures in PN 17 Sapnrg and Capital A..

*Revenue*

Maybank: MYR 14.92 billion
CIMB: MYR 5.6 billion
BIMB: MYR 590.2 million

*Earnings (Net Profit)*

Maybank: MYR 5.02 billion
CIMB: MYR 1.96 billion
BIMB: MYR 137.2 million

*Dividend*

Maybank: 29 sen per share
CIMB: 27 sen per share
BIMB: 4.22 sen per share

To Our Success !

Meow Meow Meow

OKU_2020

4,851 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

Oil further collapsed....
WTI USD 66 👹
Brent USD 69 👺
Gloomy industry ahead👿

OKU_2020

4,851 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

DEAD RAT..!!👹👺

abidinaa

80 posts

Posted by abidinaa > 1 month ago | Report Abuse

US trying to squeeze Russia and Iran now by pumping from their reserve but for how long?Must wait announcement from OPEC+. Looks like sucker bilis fried oledi for time being.

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

Quarter coming. Any info? 🙈🙉

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Anytime from 27-Sep T#1

To Our Success !

SinGor

4,901 posts

Posted by SinGor > 1 month ago | Report Abuse

my guess if without impairment cost---there will be a net profit mainly comes from strengthening of ringgit
bcos SAP loan are in US$ ( 10billion ) Operating Expenses and finance cost will Drop--- DonT think revenue will exceed 1.1Bil
So expectation is around 100mil profit ( if God approves---hahaha )

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

as long as green quarter then qualify for one of the requirements for plans to get out of pn17

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Well SinGor the revenue and profit expectations seem optimistic but reasonable, considering the potential improvements in their financial situation. Let’s hope for the best!

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

While Magician Tony is taking PN 17 Capital A to the next level, Honest and Hardworking Anuar PN 17 Lady Sapura has been busy with the Brazilian Ambassodar this weeks. In Shaa Allah they will be reporting Lady QR soon by 27th September. Here are some key points:

Contract Renegotiation: Sapura Energy is indeed renegotiating unprofitable contracts while completing ongoing projects.

Progress in Recovery: The company has made significant progress in its recovery efforts and is on track to exit PN17 status next year.

Debt Restructuring: Key steps include debt restructuring, a solid business plan, and securing 75% lender support for the Proposed Restructuring Scheme (PRS).

Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials.

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

Ringgit continues to strengthen wohoo

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Yes T#1. The strengthening of the ringgit could indeed have a positive impact on their financials, especially considering their loans are in USD. Reduced operating expenses and finance costs would also contribute to a healthier bottom line.

SinGor revenue expectation of around RM1.1 billion seems reasonable given the current market conditions. If they manage to achieve a net profit of around RM100 million without impairment costs, that would be a significant turnaround for the company.

Let’s hope for the best and see if your optimistic forecast comes true!

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/726533

Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. Chinese economic growth is slowing down, and the penetration of the transportation system by electric cars is going at a very strong pace

World consumption increased by 800,000 barrels a day in the first half of the year, barely a third of the expansion in the same period of 2023, the adviser to major economies said in a monthly report. It’s the lowest rate since oil demand crashed during the 2020 pandemic.

Oil prices slumped below US$70 a barrel in London on Wednesday for the first time since late 2021 on concern over data from both China and the US, the world’s top two oil consumers. A major disruption to Libyan output and prolonged supply curbs by the Opec+ alliance have done little to arrest the slide.

dompeilee

11,889 posts

Posted by dompeilee > 1 month ago | Report Abuse

Lol...up 14% on random days a month ago with NO HOPE of anyone Q-ing @ 4c able to get out of any significant position...now DOWN 14% with those who bought @ 3.5c unable to get out for the same price (losing commissions) with 19+ mil shrs Q-ing to sell...joke company! Crook robber boss bought 19 mil shrs 3 yrs ago @ 10c now lo$ing $1.235 mil on that position. Tiny pay cut for the billion$ he songlap fr the co. & by extension, from PNB & ASB!😊

SinGor

4,901 posts

Posted by SinGor > 1 month ago | Report Abuse

if you are a small contra player, Dont touch SAP---you never win. I know the few Commercial Remisiers
controlling price after much digging. Small fish or normal remisier max. buy/sell volume is just 500K per bid
these big fish can buy/sell 5M per bid ( they can close any Hole in just one bid---how can you win )

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Capital A 82 sen...hihihi

Life is soooo beautiful..

Soon it's Sapnrg turn...

Meow Meow Meow

HaiLiDeYu

86 posts

Posted by HaiLiDeYu > 1 month ago | Report Abuse

Now 0.03.... the soon maybe a few years?


Mabel

Capital A 82 sen...hihihi

Life is soooo beautiful..

Soon it's Sapnrg turn...

Meow Meow Meow

18 minutes ago

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Wait lah...let see what happen this 27th September..

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

As T#1 said..."Ringgit continues to strengthen wohoo"

To Our Success !

Meow Meow Meow

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Now back to 0.035 sen...Hihihi...

Here are the ranking of Mabel's Banks based on their latest quarterly results (Q2 2024)- Dividend enough to cover Mabel's exposures in PN 17 Sapnrg and Capital A..

*Revenue*

Maybank: MYR 14.92 billion
CIMB: MYR 5.6 billion
BIMB: MYR 590.2 million

*Earnings (Net Profit)*

Maybank: MYR 5.02 billion
CIMB: MYR 1.96 billion
BIMB: MYR 137.2 million

*Dividend*

Maybank: 29 sen per share
CIMB: 27 sen per share
BIMB: 4.22 sen per share

To Our Success !

Meow Meow Meow

limch

3,230 posts

Posted by limch > 1 month ago | Report Abuse

Upcoming QR can profit? Is buying at 3.5 sen sure safe?

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Haha remember this is a PN 17 companies...

Just take a look at PN 17 Companies Capital A...

While Magician Tony is taking PN 17 Capital A to the next level, Honest and Hardworking Anuar PN 17 Lady Sapura has been busy with the Brazilian Ambassodar this weeks. They will be reporting Lady QR soon by 27th September. Here are some key points:

Contract Renegotiation: Sapura Energy is indeed renegotiating unprofitable contracts while completing ongoing projects.

Progress in Recovery: The company has made significant progress in its recovery efforts and is on track to exit PN17 status next year.

Debt Restructuring: Key steps include debt restructuring, a solid business plan, and securing 75% lender support for the Proposed Restructuring Scheme (PRS).

Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials...

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Let's hope for the best!

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

If you are not sure, better stay out as there are many more companies to choose..

Loh Kok Wai W

3,710 posts

Posted by Loh Kok Wai W > 1 month ago | Report Abuse

world oil price will drop to 50.00..usd per barrel。。。。next two years.......

Icon 888

2,299 posts

Posted by Icon 888 > 1 month ago | Report Abuse

50..next 2 Year

limch

3,230 posts

Posted by limch > 1 month ago | Report Abuse

50 means 50 sen not 5 sen?

Icon 888

50..next 2 Year

3 hours ago

limch

3,230 posts

Posted by limch > 1 month ago | Report Abuse

Better companies yes but not cheap.

Mabel

If you are not sure, better stay out as there are many more companies to choose..

8 hours ago

SapNrg

388 posts

Posted by SapNrg > 1 month ago | Report Abuse

Oil price USD 50 is it today? Why here people allow liars not other stocks?

Loh Kok Wai W

world oil price will drop to 50.00..usd per barrel。。。。next two years.......

8 hours ago

OKU_2020

4,851 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

beyond repair this kaput sapnrg
dead rat👺👹

limch

3,230 posts

Posted by limch > 1 month ago | Report Abuse

3.5 sen finish sapu. I3 members not helping haha.

Icon 888

2,299 posts

Posted by Icon 888 > 1 month ago | Report Abuse

Loh said 50 Oil price next 2year

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

Woi who said not helping la i3 member. Itu OKU king of terbalik, whenever he says bad confirm will move up. For months he kept quiet it sits at 0.035 as sell queue. Today he makes noise 0.035 kena sapu become buy queue wo. 😂😂😂😂

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

OKU thank you. You are still the undisputed light house chun chun 100% wrong prediction

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

hihihi..

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

Next Week Green quarter then got show lo. Haha OKU king of terbalik prediction, I give you chance to predict now.

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

😂😂😂 chance for you to redeem that you are after all worthy.

Nikmon

3,010 posts

Posted by Nikmon > 1 month ago | Report Abuse

MOSG asked Gav to allocated 1.5 billion in 2025 budget for Sapura restructure and pay...

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

Wahh nikmon got so much insider info wo 💪💪💪

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Just take a look at PN 17 Companies Capital A...

While Magician Tony is taking PN 17 Capital A to the next level, Honest and Hardworking Anuar PN 17 Lady Sapura has been busy with the Brazilian Ambassodar this weeks. They will be reporting Lady QR soon by 27th September.

Looking for another excitement here like Capital A....

Stock: [CAPITALA]: CAPITAL A BERHAD

51 minutes ago | Report Abuse

Week 38: You continue to outperform the market this week and your Capital A is up 16.3%

Hihihi...

Thank you Magician Tony...

Stock: [CAPITALA]: CAPITAL A BERHAD

1 day ago | Report Abuse

Yesterday, Capital A broke through the previous resistance level on high volume, signaling a double bottom breakout. It also took out the 50-day SMA which adds to the bullish outlook. Another green candle would validate the breakout. 1st Resistance at 87 sen has already been breached. Next week we will test the 2nd Resistance at 93 sen..

Average Target Price from 9 Analyst is RM 1.05 with a potential Max Target Price of RM 1.68..

As Usual Trade at your own risks..

To Our Success

Captain Mabel Meow

Nikmon

3,010 posts

Posted by Nikmon > 1 month ago | Report Abuse

It was reported by the edge, not inside news?

SinGor

4,901 posts

Posted by SinGor > 1 month ago | Report Abuse

2023 BN agm, SAP vendors have a serious discussion with Zahid---I think 1.5B is for Vendors only But, anwar
has to "hide" this money ( not to look like bail-out )

SinGor

4,901 posts

Posted by SinGor > 1 month ago | Report Abuse

i think BN will go alone in GE16, bail-out SAP is important as 95% vendors are UMNO member

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Good Progress today it touches 4 sen...

Life is so beautiful with the hardworking Annuar..

Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials...

Meow Meow Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

1 minute ago | Report Abuse

Last week, Capital A broke through the previous resistance level on high volume, signaling a double bottom breakout. It also took out the 50-day SMA which adds to the bullish outlook. Another green candle would validate the breakout. 1st Resistance at 87 sen has already been breached. This week we will test the 2nd Resistance at 93 sen..

Today our Capital A touches 92 sen with about 20 million shares traded...

Life is so beautiful with the Magicians....

Capital Mabel Meow

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

https://www.malaymail.com/news/malaysia/2024/09/23/why-the-ringgit-was-worlds-top-performing-currency-last-week-and-what-this-means-for-malaysia/151287#google_vignette

KUALA LUMPUR, Sept 23 — The ringgit climbed to a 30-month high of 4.1815 against the US dollar on Friday to end the week as the world’s top-performing currency as it rode on the US Federal Reserve’s unexpectedly large interest rate cut that sparked euphoria for markets around the world. For the year to date, the ringgit has regained over 11 per cent of its value against the US dollar.

Factors Behind the Surge: The rise is attributed to the US Federal Reserve’s interest rate cut, increased investor confidence in Malaysia’s economy, and stable political leadership.

Impact on Importers: Importers, especially those trading in US dollars, stand to benefit from the stronger ringgit, potentially lowering costs for industries like automotive, healthcare, and food.

Broader Currency Gains: The ringgit has also strengthened against other major currencies, including the euro, Singapore dollar, and Japanese yen.

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

Good Progress today it closed at 4 sen...

Life is so beautiful with the hardworking Annuar..

Financial Outlook: Mabel expectation of a net profit without impairment costs, driven by the strengthening of the ringgit and reduced operating expenses and finance costs. Sapura Energy’s loans are in USD, and a stronger ringgit could positively impact their financials...

Meow Meow Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

21 minutes ago | Report Abuse

Life is also beautiful with the Magicians. Our Capital A hits Mabel’s Target prices at 93 sen with about 54 million shares traded. Capital A also breaches the 10 year downtrend line resistance on the Technical charts..

TalkNumberOne

3,025 posts

Posted by TalkNumberOne > 1 month ago | Report Abuse

Few more days and we will know. Where is the king of terbalik OKU? No more prediction? Haha 😂😂😂

Mabel

24,090 posts

Posted by Mabel > 1 month ago | Report Abuse

hihihi..

Post a Comment
Market Buzz