SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.05

Trading Volume

69,323,900

Changes
Ann. Date Date Type Name Title View
Discussions
79 people like this. Showing 50 of 147,134 comments

Ninth007

https://www.tradingview.com/news/DJN_DN20240422010761:0/

Sapura Energy's proposed sale of its stake in unit SapuraOMV Upstream to TotalEnergies looks "fairly valued," BIMB Securities analyst Azim Faris Ab Rahim says in a note. TotalEnergies is buying the stake for $530 million. Despite Sapura Energy's financially distressed status, it managed to sell its stake in SapuraOMVwith a "non-distressed valuation," supported by high oil prices, he says. Sapura Energy may have to restructure its debt by at least MYR3 billion-MYR 4 billion to achieve sustainable capital structure, he adds. BIMB Securities maintains a trading buy on Sapura Energy and keeps its target price at MYR0.06. Shares are unchanged at MYR0.05. (yingxian.wong@wsj.com)

1 day ago

nicholas99

That rafizi padu also failed. dare to talk so much meh?

1 day ago

nicholas99

faster tutup kedai.. one time pain.. better than prolong pain.

1 day ago

nicholas99

yes la.. so.. pandai pandai la. since he goes against PMx. You think PMx will help him?

1 day ago

nicholas99

PMx sendiri also want gg liao.. that rafizi also want to start do election campaign already. meaning they give up doing administrative works.. because cannot yield result... lagi impossible will help sapnrg.

1 day ago

hulwan

So many people so angry today 🤣🤣. This is PN17 company, no fund will touch it, unless PN17 is lifted. That's the only news that matter. No point getting mad, just sell everything and go away, or keep until PN17 is lifted.

1 day ago

Sslee

Know what is the share price of PN17 capA?

Posted by hulwan > Apr 23, 2024 11:35 AM | Report Abuse
So many people so angry today 🤣🤣. This is PN17 company, no fund will touch it

1 day ago

smartepf

Capital A itu siapa CEO? Ini Sapura Siapa CEO? ada sama orang ke ? Satu CEO boleh start dari Zero to Hero. Satu lagi kena jual ini jual itu sampai zero.

1 day ago

Sslee

PMX only say against selling Bplant to KLK. But for foreign buyer Malaysia is business friendly to attract the FDI.

1 day ago

speakup

Cannot sell Bumi asset to Chinese. Haram!
But Halal to sell Bumi assets to Orang Putih

1 day ago

Mabel

Bravo Mon Total Energies. Tu as très bien fait d’acquérir cette oie dorée qui pond des œufs

Well done My T. You did great to acquire this golden goose that’s laying eggs. Haha You’ve outsmarted even the most cunning of geese—a feat akin to teaching a squirrel to do calculus. Now, as you sip your morning coffee, imagine the goose in its cozy nest, meticulously crafting golden eggs with built-in Wi-Fi. Yes, you’ve acquired the ultimate tech-savvy goose—one that not only lays eggs but also live-tweets its breakfast menu. As the sun sets, it whispers secrets of stock market trends and the best Netflix shows. And so, My T, may you live happily ever after, surrounded by golden eggs and a goose that’s the envy of the entire French Riviera…

May your days be as golden as those eggs!

Louis Mabel

1 day ago

hulwan

So, which major fund holds Capital A? What about the share price? End of last year, Tony boasted that PN17 is done deal & price shot up. All hot air. Now he's talking about selling away the profitable businesses & price came down.

1 day ago

Sslee

Even MMC also want to sell port asset to foreigner. Need more FDI to support the ringgit.

1 day ago

Mabel

The recent divestment of Sapura Energy’s 50% stake in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS indeed marks a significant strategic move. The implications:

Crown Jewel Status: SapuraOMV was considered a crown jewel in Sapura Energy’s portfolio due to its involvement in oil and gas exploration and production. The divestment means that Sapura Energy has relinquished its direct ownership of this RM 110 Billion National Valuable asset.

Financial Gain: The transaction resulted in cash proceeds of US$705.3 million (RM3.37 billion) for Sapura Energy. This substantial infusion of funds can enhance Sapura Energy’s financial position and address its debt and payables.

Strategic Shift: With the divestment, Sapura Energy is signaling a strategic shift away from exploration and production. The focus now turns toward core capabilities and innovative solutions for the dynamic energy industry.

TotalEnergies’ Role: As the new owner, TotalEnergies will have the opportunity to further develop SapuraOMV’s assets. Their expertise and resources may unlock additional growth potential.

Net Gain on Disposal: Sapura Energy expects a net gain on disposal of about RM793 million from this transaction. This gain contributes positively to the company’s financial health.

In summary, while Sapura Energy has parted with a significant asset, the financial gains and strategic realignment may position the company for future opportunities. The crown jewel have changed hands, but the story continues.

Louis Mabel

1 day ago

Sslee

Mind telling us what are sapnrg core capabilities and innovative solutions??

Strategic Shift: With the divestment, Sapura Energy is signaling a strategic shift away from exploration and production. The focus now turns toward core capabilities and innovative solutions for the dynamic energy industry

1 day ago

Mabel

Haha my handsome Sslee, it's in yesterday's announcement in edge.

They wrote it so well that Mabel's starts crying...hihihi

Louis Mabel

1 day ago

hulwan

Sapura has always been service provider for O&G. They then went upstream looking for bigger fish, but cannot survive the vicious current upstream. Now they're focusing back on their core specialty of providing services to the big fish.

1 day ago

Mabel

#hulwanSapura has always been service provider for O&G. They then went upstream looking for bigger fish, but cannot survive the vicious current upstream. Now they're focusing back on their core specialty of providing services to the big fish.

23/04/2024 12:41 PM

Cheers hulwan

As for Mabel, with the crown jewel have changed hands to this smart Frenchman, Mabel Energy will have to rely on more dependable, smart and competence team from PetroChina, Petronas Chemical and Yinson for her Fossil Fuel and Gamuda, YTL Power, Sembcorp, CATL for her Renewal Energy

Louis Mabel

1 day ago

bullrun168

Bought at @0.045 and Managed to sold all at @0.055 to make a handsome profits of 22%

1 day ago

nicholas99

First half of Mabel the cat writing make senses.. Second half is rubbish..

1 day ago

nicholas99

Seriously, considering sapura has over 11bil debt and increasing by every hours.. its crazy to think this sales could help in any way.

1 day ago

bullrun168

Queue up again now to sailang all my belongings to buy at @0.045
and then keep it for another round of good news out then to take profits again …

1 day ago

Mabel

nicholas99 First half of Mabel the cat writing make senses.. Second half is rubbish..
23/04/2024 1:24 PM

Haha wish part is rubbish?

1 day ago

nicholas99

i still remember sapura hired white men to help to restructure the debt.. i guess the white guy pocketed the money and ran.. without doing his job. or else, there is no need to sell..

1 day ago

Ela Deraraj

Post removed.Why?

1 day ago

SinGor

White Knight's Cash is Fast money. Should come in 1st Qr.....Should Ask Management during AGM, how many
Bank "had" already agreed to "crew Cut" or "Botak-Cut"----Next PNB Ceo (coming July) is from CIMB----Also
the One who rescued SAP First Round----Now 2nd Round is Hair-Cut

1 day ago

BILLC

Wow! Sap kena haircut twice already,,,looks like company hair going to be botak in no time,,,,haha,,,

1 day ago

obakh222

Wait 12 sen lah.

1 day ago

SinGor

nicholas99
i still remember sapura hired white men to help to restructure the debt..
______________________
White Guy is expert on making "Bank Cry"---He makes SAP loss RM13 Billion on Books---All Bank Loan turns
into Smoke---But I think AA (CeoTony) is the BEST smoker in the History of Bursa---He smoked AAX 33 billion

1 day ago

smartepf

Try to ignore those, who always say they sell at the highest and buy at the lowest. This type of people always around the forum not real anyway.

1 day ago

intansri

After OMV to settle part of the creditors agreement and left 8b debts according to the Edge article , within 8b debts only 4b needs for recapitalising through potentially swap shares or other capital options. The order book is increasing from 5b to 6.6b, the BIMB research house may be right of targeted share price 0.06 instead of 0.02 from RHB research house recommendation

1 day ago

Mabel

6 sen sounds reasonable...

Meow

1 day ago

Mabel

Today we seen Bankers unloading Sapnrg shares between 5 to 6 sen. With this new, they are waiting for the retailers to unload their shares at prevailing prices.

We wait lor...

Louis Mabel

1 day ago

TalkNumberOne

Wahh I went away for awhile. Now so heboh here 😂😂😂

20 hours ago

Raja138

Pada tahun 2022, Najib sudah minta kerajaan bantu Sapura Energy supaya rizab minyak milik mereka tidak jatuh ke tangan asing.

Bekas Perdana Menteri, Najib Razak menegaskan kerajaan perlu menawarkan pinjaman kepada Sapura Energy Bhd bagi menyelamatkan rizab minyak daripada jatuh ke tangan asing sebelum potensi sepenuhnya dapat direalisasikan.

Beliau berkata, anak syarikat syarikat itu, Sapura OMV, memiliki rizab minyak dan gas sebanyak 264 juta tong dengan nilai kasar RM110.8 bilion.

“Jika baki 50% pegangan dalam Sapura OMV dijual untuk menyelesaikan hutang, rizab minyak akan jatuh ke tangan asing sebelum potensi sepenuhnya dapat direalisasikan.

“Ini adalah salah satu sebab saya kata kerajaan patut beri jaminan pinjaman agar telaga dan rizab minyak dan gas dari muka bumi negara tetap dimilik Malaysia. Alternatif lain ialah kerajaan boleh arahkan Petronas mengambil alih Sapura dari PNB secara sementara,” katanya di Facebook.

Sapura OMV mengendalikan pelantar minyak di perairan Malaysia.

Najib berkata, penjualan aset jangka panjang yang sangat bernilai untuk menyelesaikan masalah aliran tunai jangka pendek adalah tidak munasabah dan merugikan.

Ketua Eksekutif Kumpulan Sapura Energy, Anuar Mohd Taib yang dipetik awal hari ini sebagai berkata, syarikat itu telah mula membincangkan mengenai penstrukturan semula pinjaman berjumlah RM10.3 bilion daripada sembilan bank dan merancang untuk menjual beberapa asetnya.

“Sapura Energy tidak mampu lagi mengekalkan operasinya akibat bebanan hutang semasa, yang mana perlu membayar hampir setengah bilion faedah setiap tahun. Lagi cepat kita membuat menyusun semula hutang, lagi baik,” katanya yang dipetik sebagai berkata.

Beliau berkata, kumpulan itu mahu menumpukan pada perkhidmatannya, yang bermakna kurang memberi tumpuan kepada penerokaan dan pengeluaran (E&P).

“Ini bermakna aset dalam kategori terakhir berkemungkinan untuk dijual,” kata laporan itu.

Namun tidak didengar kerajaan.

Semalam, Sapura umum mereka menjual baki 50% pegangan dalam SapuraOMV mereka kepada kepada TotalEnergies Holdings SAS (TotalEnergies) milik Perancis dengan harga berjumlah AS$705.3 juta (RM3.37 bilion).

Paling mengecewakan ialah TotalEnergies Holdings baru sahaja beli kepentingan 50% pertama dari syarikat Austria OMV dengan harga US$903 juta (RM4.3 bilion) pada bulan Febuari 2024.

Tetapi kini Sapura terpaksa jual baki 50% kepada pembeli sama hanya dengan harga US$705.3 juta (RM3.37 bilion) iaitu US$198 juta (RM946 juta) lebih rendah dari jualan 50% pada bulan Februari.

Entah kenapa harga boleh pulak jatuh US$198 juta (RM946 juta) dalam masa dua bulan sahaja bila jumlah kepentingan yang sama dalam syarikat yang sama dijual kepada pembeli yang sama.

Dan ianya juga US$494.7 juta (RM2.4b) lebih rendah berbanding nilai US$1.2 bilion sebenar yang Sapura tawarkan.

Begitu sahaja kebimbangan Najib pada tahun 2022 menjadi realiti.

Rizab minyak Malaysia dijual dan pada harga yang murah pada ketika harga minyak dunia tinggi dan industri Oil dan Gas sedang matap hanya sebab Sapura milik PNB terdesak dan tertekan kerana kerajaan tidak mahu bantu Sapura.

10 hours ago

haziqaz

Demi bayar hutang, Sapura Energy jual semua pegangan dalam SapuraOMV RM3.37 bilion
https://thecorporatessecrets.com/blog/2024/04/23/demi-bayar-hutang-sapura-energy-jual-semua-pegangan-dalam-sapuraomv-rm3-37-bilion/

1 hour ago

OKU_2020

BOOOOO CHOWWW CCCCCCCCCCCCC
TSUNAMI any time
fasten our seat belts

30 minutes ago

OKU_2020

BEYOND REPAIR this Cap Ayam
Many in HOT SOUP

29 minutes ago

5354_


Me also same why not real? But 2nd time I think not so easy.

smartepf

Try to ignore those, who always say they sell at the highest and buy at the lowest. This type of people always around the forum not real anyway.

1 day ago

bullrun168

Bought at @0.045 and Managed to sold all at @0.055 to make a handsome profits of 22%

1 day ago

24 minutes ago

Michael R.

me wonder why PNB didnt help to resolve that temporary cashflow...

-------------

Raja138

Pada tahun 2022, Najib sudah minta kerajaan bantu Sapura Energy supaya rizab minyak milik mereka tidak jatuh ke tangan asing.

Bekas Perdana Menteri, Najib Razak menegaskan kerajaan perlu menawarkan pinjaman kepada Sapura Energy Bhd bagi menyelamatkan rizab minyak daripada jatuh ke tangan asing sebelum potensi sepenuhnya dapat direalisasikan.

Beliau berkata, anak syarikat syarikat itu, Sapura OMV, memiliki rizab minyak dan gas sebanyak 264 juta tong dengan nilai kasar RM110.8 bilion.

“Jika baki 50% pegangan dalam Sapura OMV dijual untuk menyelesaikan hutang, rizab minyak akan jatuh ke tangan asing sebelum potensi sepenuhnya dapat direalisasikan.

“Ini adalah salah satu sebab saya kata kerajaan patut beri jaminan pinjaman agar telaga dan rizab minyak dan gas dari muka bumi negara tetap dimilik Malaysia. Alternatif lain ialah kerajaan boleh arahkan Petronas mengambil alih Sapura dari PNB secara sementara,” katanya di Facebook.

23 minutes ago

5354_

My meaning even you buy today at 4.5 sen hopefully can sell at 5 sen or higher will take time eg until next QR or big contract win news.

21 minutes ago

Michael R.

OMV already sold... contract on what now i guess exploration excluded...

20 minutes ago

Michael R.

Beliau berkata, anak syarikat syarikat itu, Sapura OMV, memiliki rizab minyak dan gas sebanyak 264 juta tong dengan nilai kasar RM110.8 bilion.

How do they deal with this RM110 Bil potential loss?

19 minutes ago

5354_

Still need EGM to approve the transaction. If PNB disagree so no sale?

12 minutes ago

nicholas99

RM110bil potential is gone.. welcome to new low sapnrg

10 minutes ago

5354_

4 sen is new low? But many lot done?

9 minutes ago

nicholas99

If government want to help. They can buy up the whole company. But it will be too costly. But helping a bit helping a bit. It will sooner become MAS. So.. they choose not to do anything.

9 minutes ago

5354_

If govn no help perhaps pembangkang can bring as issue in GE16?

nicholas99

If government want to help. They can buy up the whole company. But it will be too costly. But helping a bit helping a bit. It will sooner become MAS. So.. they choose not to do anything.

2 minutes ago

5 minutes ago

nicholas99

Pembangkang naik.. sapura already sell. The contract to sell is end of this year. Anwar still got 2 years.

3 minutes ago

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