SAPURA ENERGY BERHAD
KLSE (MYR): SAPNRG (5218)
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Last Price
0.03
Today's Change
-0.005 (14.29%)
Day's Change
0.03 - 0.035
Trading Volume
3,839,200
Major Holders Breakdown
Current Holdings
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
Historical Transactions
| From | To | Type | No. of Shares | Min Price | Max Price |
|---|
Discussions
80 people like this. Showing 50 of 147,571 comments
Sigh...
Mabel was having the impression that they were on Target to submit at the end of this month...
6 days ago
From the EGM it looks to be on target to submit at the end of this month and suddenly this just came out after the market closed today. Sapura Energy Bhd has applied for its fourth extension of time, another six months until May 31, 2025, to submit its plan to regularise its financial condition.
The oil and gas group was to have submitted its plan to exit its Practice Note 17 status by Nov 30, 2024.
In a filing with Bursa Malaysia Securities, the group said the application for time extension was made on Nov 18, 2024 after the market closed.
https://www.nst.com.my/business/corporate/2024/11/1136239/sapura-energy-applies-fourth-extension-time-submit-pn17-exit-plan
6 days ago
You can really see how big differences between these two PN 17 Companies. While Capital is already moving, Sapnrg is still struggling...
With the potential privatization of airports, the only other main local aviation stocks left in Bursa are CapA and AAX. This presents a unique opportunity for investors to focus on these key players in the aviation sector.
Capital A is back to the sky, emerging as the biggest mover in the Prince of Malaysia and Mabel Airlines. Just Do it, Capital A, and nobody can stop you—not even PN17, not even the lousy syndicates, nor the short traders in Bursa Malaysia. Winners win, and you fly like an eagle. In fact, AirAsia is the main choice with the most connected flights. MAS is a second choice, serving only certain privileged areas. Most destinations fly AA, and they have dominated the market for a long time already.
One Investor said, "Just took a return flight from KUL-BRUNEI. OMG, the flight was full. Brunei is just full of wealthy kampong people. Some passengers came from Miri, of course. But the point is even Royal Brunei Airlines cannot compete. Twice daily, all dominated by AirAsia. Already profited by AAX share appreciation."
This positive sentiment reflects the strong market position and growth potential of Capital A and AAX. With their extensive network and market dominance, they are well-positioned to capitalize on the evolving aviation landscape. The future looks bright for these aviation giants as they continue to soar to new heights.
6 days ago
The contrasting performance of Capital A and Sapura Energy (Sapnrg) shares, despite both being PN17 companies, can be attributed to several factors:
Capital A's Positive Momentum (AA has the eyes of a Tiger)
Optimistic Outlook: Capital A has shown a clear path to exiting its PN17 status by the end of December 2024. This positive outlook has boosted investor confidence.
Strategic Moves: The company is restructuring by selling its aviation business to AirAsia X (AAX), which is expected to improve its financial position significantly. This strategic move is seen as a step towards stabilizing and growing the business.
Market Dominance: AirAsia, under Capital A, remains a dominant player in the low-cost carrier market, with extensive flight connections and a strong brand presence.
Investor Sentiment: Positive sentiment and market reactions to Capital A's announcements and strategic plans have driven the share price up.
Sapura Energy's Challenges (Our Lady is so lemah lembut)
Debt Restructuring: Sapura Energy is still grappling with a complex debt restructuring process. Although there have been positive developments, such as receiving approval-in-principle for its proposed debt restructuring scheme, the process is ongoing and uncertain.
Financial Struggles: The company has faced significant financial challenges, including high levels of debt and negative shareholder equity. These issues have weighed heavily on investor confidence.
Market Conditions: The energy sector, particularly oil and gas, has been volatile, affecting Sapura Energy's performance and outlook.
Investor Sentiment: The prolonged financial difficulties and uncertainty surrounding the company's future have kept investor sentiment low, resulting in depressed share prices.
In summary, while Capital A has a clear and optimistic path to recovery, Sapura Energy is still navigating through significant financial and operational challenges, leading to the differing performances of their shares.
To Our Success !
Meow
6 days ago
Very positive views on the long term outlook. For anyone who wants a short term gain is better for other counters
5 days ago
Mabel has have invested in Blue Chip, Defensive, Income, Growth, Cynical and Turnaround Fighters to scale up into 2025. Two of her fighters are potential turnaround Fighters. A turnaround stock is one that experiences a positive reversal in its performance after a period of poor performance or financial difficulty. Turnaround stocks are often undervalued and can offer significant returns if the company's recovery is successful.
Characteristics of Turnaround Stocks
Management Changes: New leadership can bring fresh strategies and perspectives.
Cost-Cutting Measures: Reducing expenses to improve profitability.
Strategic Changes: Shifting business focus or launching new products and benefiting from favourable changes in the market or industry.
Capital A and Sapura Energy as Potential Turnaround Stocks
As highlighted, while Capital A appears to be on a clearer path to recovery, Lady Sapura is still navigating through significant financial and operational challenges. Both companies have the potential to be turnaround stocks, however their success will depend on their ability to implement effective strategies and adapt to market conditions.
May these two National Assets succeed!
5 days ago
Base on Rafizi formula all Mabel can say is One is made in Malaysia while another one is made by Malaysia..hihi
https://www.freemalaysiatoday.com/category/nation/2024/11/18/we-want-to-move-from-made-in-malaysia-to-made-by-malaysia-says-rafizi/
5 days ago
now that the news is out, you can go back dog fight and being nasty to each other
5 days ago
Well with or without news, emotional damage uncle remains emotional damage. Haha 😂😂😂
5 days ago
cant wait for some upward movement to clear what I am holding. Collecting cobwebs already
5 days ago
It's looking good. There are no Trojan Horses in Capital A and Lady Sapura's 3rd Generation Leadership. They both are True Patriot to Make Malaysia Great Again. Today both PN Capital A and Lady Sapura climbs...
To Our Success !
Meow Meow Meow
5 days ago
Mabel, can conclude that you still optimistic about Sapura turnaround, and will look forward to laughing to the bank next year. Correct?
4 days ago
HaiLiDeYu as per Mabel comments above.
Time will only tell. Talking about optimism, Haha today it's MAAGA for Mabel Airlines. Despite still classified as PN 17, Capital A has hit a new 52 WEEK All time High, closing at RM 1.05 for break.
Unlike Con Artist Serba, Mabel has more faith with Honest Sapnrg 3rd Generation PNB Leadership and their holding cost is much higher than Mabel 3 sen holding cost. If they can hold, so can mabel, beside it's only another 6 months extension...
This cost can easily cover by one of Mabel's Blue Chip Dividend...
To Our Success...
Stock: [MAYBANK]: MALAYAN BANKING BHD
3 hours ago | Report Abuse
Yesterday Mabel locked some profits at RM 10.32
Today Mabel collected back at RM 10.06, RM 10.04 and RM 10.02. Hope to get more at RM 10.00. Now it is back to RM 10.1..
To Our Success !
Meow Meow Meow
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
3 hours ago | Report Abuse
Meow Meow Meow
RM 4.62 oledi...so nice..
4 days ago
xiaoeh Mabel a very optimistic meow meow
from Serbak time we known...
20/11/2024 9:43 AM
Not all stock Mabel has high optimism. Still in YTL Power?
Meow
Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2 month ago | Report Abuse
#twobits Meow meow,
Load up any ytlp today?
09/09/2024 6:39 PM
No twobits. As Mabel’s Sifu always said “Be fearful when others are greedy” as Mabel see many Uncles and Aunties are so greedy today. Beside YTLPOWER journey with MACC has just begun and Technical Chart is still not looking great for any re-entry.
In the often-bearish month of September, Mabel strategic move paid off handsomely. Last week, Mabel locked in her profits from YTLPOWER, selling at RM 3.71 per share when the MACC News Exploded, a smart decision given her cost base of RM 3.675. This manoeuvre netted her a tidy profit of RM 0.035 per share.
With her newfound gains, today Mabel turned her attention to CIMB, capitalizing on their September promotion. She bought shares at RM 8.13 and RM 8.12, averaging out to RM 8.125 per share. As the market closed today, CIMB’s shares stood at RM 8.49, giving Mabel a solid profit of RM 0.365 per share with 0.27 sen Cash Back Coupon cuming on 27th September.
Had she held onto YTLPOWER, she would have faced a loss of RM 0.295 per share, as the stock closed at RM 3.38 today. Instead, Mabel’s astute decision-making not only shielded her from potential losses but also allowed her to capitalize on CIMB’s promotion, setting her up for a rewarding September.
CIMB September Promotion to buy before 13th September for 27 sen Cash Back Coupon (Dividend). Coupon redeemable on 27th September.
Let’s break down Mabel’s transactions and calculate the profits:
1. YTLPOWER Transaction:
Selling Price: RM 3.71
Cost Price: RM 3.675
Profit per Share: RM 3.71 - RM 3.675 = RM 0.035
2. CIMB Transactions:
Buying Prices: RM 8.13 and RM 8.12
Average Buying Price: (RM 8.13 + RM 8.12) / 2 = RM 8.125
Closing Price: RM 8.49
Profit per Share: RM 8.49 - RM 8.125 = RM 0.365
3. YTLPOWER Potential Loss:
Current Price: RM 3.38
Cost Price: RM 3.675
Loss per Share: RM 3.675 - RM 3.38 = RM 0.295
To Our Success !
Meow Meow Meow
4 days ago
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3501103
___________________________________________
Sarawak Oil Asset is value at RM30 Billion. SAP got a 5year Contract from Petronas---Question is why
Petronas keep giving SAP ( PN15 ) job knowing well its financial constraints Or Petronas knows SAP
will be out of PN17 sooner than we think ???
4 days ago
call off contracts can be more expensive to set up and administer than traditional fixed-term contracts. And SAP awarded through this type of contract should expect profit margin is higher based on unit rate to claim their work as revenue
4 days ago
Indeed...
Very Good Finishing by PN 17 Capital A today closed with RM 1.07 with more than 31 million shares traded while Lady Sapnrg finished at 3 sen with more than 4 million shares traded with our lady securing a new for a period of 5 years from the effective date of the Contract from Q3 2024.
Sarawak Oil Asset is value at RM30 Billion. SAP got a 5year Contract from Petronas despite knowing well its financial constraints or perhaps Petronas knows that our Lady will be out of will be out of PN17 sooner than we think…
Unlike Con Artist Birkin Serba, Mabel has more faith with Honest Sapnrg’s 3rd Generation PNB Leadership and their holding cost is much higher than Mabel's 3 sen holding cost. If they can hold, so can Mabel, beside it's only another 6 months extension...
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3501103
4 days ago
The only PN17 receive contract from Petronas...this isn't against their procurement policy?
3 days ago
We refer to the announcements dated 31 May 2022 ("First Announcement") and the subsequent announcements dated 19 May 2023 in respect of the application to Bursa Securities for an extension of time to submit its regularisation plan ("1st EOT Application"), the announcement dated 13 June 2023 in respect of Bursa Securities' approval for the 1st EOT Application, the announcement dated 30 October 2023 in respect of the application to Bursa Securities for a further extension of time to submit its regularisation plan ("2nd EOT Application"), the announcement dated 14 December 2023 in respect of Bursa Securities' approval for the 2nd EOT Application, the announcement dated 30 May 2024 in respect of the application to Bursa Securities for a further extension of time to submit its regularisation plan ("3rd EOT Application") and the announcement dated 1 July 2024 in respect of Bursa Securities’ approval for the 3rd EOT Application. Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board of Directors of SEB, MIDF Investment wishes to announce that the Company had on 18 November 2024 submitted an application to Bursa Securities for a further extension of time of six (6) months from 30 November 2024 until 31 May 2025 for the Company to submit a regularisation plan to Bursa Securities. Further announcement will be made upon the receipt of decision from Bursa Securities.
This announcement is dated 18 November 2024.
3 days ago
will suffer forex loss this Qr ( same as last Qr but recover in 1Q25 )----Just keep an eye on Revenue Gain
3 days ago
Yes as usual SinGor is always one step ahead...
SAPNRG has faced significant forex losses in the past due to the revaluation of USD-denominated loans and payables. This trend could continue in the current quarter.
If the US dollar strengthens in Q1 2025, there could be a partial reversal of these unrealized forex losses, similar to what PCHEM expects.
Similarly, just keep an eye on revenue gains is crucial, as it indicates the company's operational performance and ability to generate cash flow despite forex losses.
Meow
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
18 hours ago | Report Abuse
kl_guy look like the sell down have bottom out. Next stop rm5.00
21/11/2024 12:54 PM
Indeed KL!
PCHEM make a remarkable recovery climbing more than 6% today (went up as high as RM 4.9 today from opening RM 4.57) despite RM789 million loss this quarter. Essentially, they accumulated all the Forex paper losses from the 2019 US $9.8 billion loans for the Pengerang project and released them all at once this quarter, which is quite unusual accounting.
Those who sold from 5.50 to 4.50 might have engaged in insider trading, as the quarterly loss was announced, but insiders had already taken action weeks before the official announcement yesterday.
However, the good news is that the current price already reflects the quarterly loss. With the US Federal Reserve planning to cut rates to zero in the next 6-12 months, all the Forex paper losses will be reversed...
Thanks to Mabel's Marvelous Capital A, Mabel managed to catch her flight at RM 4.53 last week..
To Our Success !
Meow Meow Meow
2 days ago
In return, the government helps these companies, be it imports or exports,"
Sapura is one of the sponsor, you help me I help you strategy
2 days ago
KUALA LUMPUR (Nov 21): Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that about 70% to 80% of the costs of his official trips to five countries over the past two weeks were paid by private companies.
The companies included Petroliam Nasional Bhd (Petronas), Sapura Energy Bhd (KL:SAPNRG), Yinson Holdings Bhd (KL:YINSON), Proton Holdings Bhd and various semiconductor firms.
Anwar said he had worked with Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz to invite several companies to participate in the trips in an effort to manage the expenses of his official overseas visits more efficiently.
"These companies have business and investment interests in the countries (that I had) visited. So they paid for the fares and costs. If I'm not mistaken, around 70% to 80% of the flight costs were borne by these companies. In return, the government helps these companies, be it imports or exports," Anwar said during the weekly Prime Minister's Question Time at the Dewan Rakyat on Thursday.
Anwar, who is also the finance minister, said that the final total of the flight costs have yet to be detailed as he had only just returned from these visits.
"However, the costs were indeed high as the trips covered Kuala Lumpur, Cairo, Riyadh, Lima, Rio de Janeiro and Doha. It spanned three continents, but 75% of the costs were covered by the said companies," he said.
Bernama reported that Anwar had been on overseas visits since Nov 9, travelling to Egypt, Saudi Arabia, Peru and Brazil, and only returning home on Wednesday night.
During the 11-day official and working visits, Anwar led the Malaysian delegation to key events, including the 31st Asia-Pacific Economic Cooperation (Apec) Economic Leaders' Week (AELW), the G20 Summit, and the Extraordinary Arab and Islamic Summit.
2 days ago
Anuar: The company’s debt restructuring is another two quarters away from completion.
THE true test of a business’ resilience lies in how it deals with its lows.
Sapura Energy Bhd, once a prominent player in the oil and gas (O&G) sector, is no exception.
1 day ago
nisah395 Anuar: The company’s debt restructuring is another two quarters away from completion.
THE true test of a business’ resilience lies in how it deals with its lows.
Sapura Energy Bhd, once a prominent player in the oil and gas (O&G) sector, is no exception.
The full story:
https://www.thestar.com.my/business/business-news/2024/11/23/sapura-energy-in-a-good-place-now
1 day ago
Please to see that Mabel Energy is taking 70% to 80% of this cost…
Unlike Con Artist Birkin Serba, despite being a PN 17, Lady Sapnrg did not neglected her national duty..
Soon Mabel Energy will make Malaysia Great Again…
Meow Meow Meow
1 day ago
When asked how the company will finance its debt repayments, Anuar highlight the involvement of a white knight investor.
While the white knight has yet to publicly emerge, he says their commitment letter has been filed through the court and the CDRC.
https://www.thestar.com.my/business/business-news/2024/11/23/sapura-energy-in-a-good-place-now
1 day ago
Sapura Energy ‘in a good place now
Debt Restructuring: Sapura Energy is nearing the completion of its debt restructuring process, expected to be finalized in the next two quarters.
Resilience: The company has demonstrated resilience in navigating through challenging times in the oil and gas sector.
Financial Recovery: Signs of financial recovery and stability are evident, positioning the company well for future growth.
Energy Transition: Sapura Energy is focusing on energy transition initiatives, including decommissioning and carbon capture projects.
https://www.thestar.com.my/business/business-news/2024/11/23/sapura-energy-in-a-good-place-now
As usual, Mabel can sleep liked a baby...
1 day ago
5354 is very greedy and unethical person. Sponsored trip must ask for return of something
20 hours ago
Operational efficiencies
“We’ve moved from RM 400 mil to RM 500 mil net cash to about RM 1.7 bil, primarily through self-generation,” Anuar notes.
https://www.thestar.com.my/business/business-news/2024/11/23/sapura-energy-in-a-good-place-now
13 hours ago
He points out that its operations were profitable, despite the limited working capital that was hindering growth. Evidently, its free cash flow in the first half ended July 31, 2024 (1H25) stood at RM 275 mil, while for FY24 the group reported a free cash flow of close to RM 700 mil.
https://www.thestar.com.my/business/business-news/2024/11/23/sapura-energy-in-a-good-place-now
13 hours ago
Looking ahead, the company is aligning its expertise with energy transition opportunities, focusing on two areas – decommissioning and carbon capture and under-ground storage (CCUS).
“We know we’ve done a good job in decommissioning and now we’re set to grow,” Anuar says.
https://www.thestar.com.my/business/business-news/2024/11/23/sapura-energy-in-a-good-place-now
13 hours ago
What was reported is what he mentioned during the recent AGM...
To Our Success !
Meow
8 hours ago
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4.9 / 5.0
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....
TalkNumberOne
Mabel, another extension hahahaha.
6 days ago