SAPNRG (5218): Financial Annual Results (Unaudited)

https://theedgemalaysia.com/node/709050

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..

2 days ago

Ela Deraraj

Post removed.Why?

2 days 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

2 days ago

BILLC

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

2 days ago

obakh222

Wait 12 sen lah.

2 days 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

2 days 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.

2 days ago

intansri

2 days 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

2 days 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 😂😂😂

1 day 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.

22 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/

13 hours ago

OKU_2020

BOOOOO CHOWWW CCCCCCCCCCCCC
TSUNAMI any time
fasten our seat belts

12 hours ago

OKU_2020

BEYOND REPAIR this Cap Ayam
Many in HOT SOUP

12 hours ago

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

12 hours ago

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.

12 hours ago

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.

12 hours ago

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

12 hours ago

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?

12 hours ago

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

11 hours ago

RM110bil potential is gone.. welcome to new low sapnrg

11 hours ago

4 sen is new low? But many lot done?

11 hours ago

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.

11 hours ago

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

11 hours ago

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

11 hours ago

Sslee

The only solution now is for Petronas to buy the 50% for USD 903 million from Sapnrg.

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.

11 hours ago

EGM who can attend here? Many talk here like disagree but how you show your disagreement?

11 hours ago

No answer meaning all talk here is trader(like bullrun68) or mere attention seeker person?

5354_

EGM who can attend here? Many talk here like disagree but how you show your disagreement?

3 seconds ago

11 hours ago

BLITZRIEG

Cap ayam CEO…..no good achievement so far since holding the position……..let the price drop…..only willing to que at 0.035

11 hours ago

if selling OMV not yet done and require EGM approval.. i guess likely reversal... seen in KNM not long ago on BORSIG..

Someone pls connect the dots here...

Ex-Sapura Energy CEO Shahril settles defamation suit against Rafizi https://theedgemalaysia.com/node/709052

11 hours ago

guys , wake up from dream.
what i think, just i think, disclaimer claime here, not a buy call or sell call
all these plans etc are meant to prolong the operation of the company, do we think the management care about share price etc? if you are the top managament, what is the most important thing?

the most important is to prolonge the company operation, whether selling 2 bil, 3 bil, 4 bil, most important is to settle the debt now to extend the operation, so that all management can continue sitting on thick pay/flat pay.

meantime, if i am CEO, i rope in all important figures, in O&G industry, give them all sort of luxurious position, so once the SAPU LAH collapse, someone from my contacts can lender me a hand to rope me into thier compan

This is my claim only, you guys think ...not a buy call or sell call, just i think..true or not you can think too.

11 hours ago

and, we can continue to dream governemtn will lend support to SAPU LAH.
Just look at who behind this company...Shahril, and who were the back up of this company...and you think our PMX will lend his hand to the geng behind the SAPU Lah? this company is closest associate of who??

Can check teh history....who is behind this company...

How Long Sap can continue with 2bil++...who cares? as long as 2 bil can extend the company, who care...?as long as alll sub contrct get thier payable debt...who care?

10 hours ago

Mahathir? PM-X enemy? But PNB(meaning Malays who does not support PH or PKR) interest PM-X can ignore?

10 hours ago

What i think...only my thinking, not buy or sell cars?

all plans meant to extend the operation, whther share drop to 0.005 sen also does not amatter, can go for share consolidation...few rounds also can...

After 4-5 years, or lesses, than all managament already fat enough, who care whether this SAPU Lah close shop or null asset, who care?

10 hours ago

If govn don't care they must lose GE like BN.

10 hours ago

SAPU-LAH does not represent all...it only represent share holders like us, PNB etc, and workers and contractors and sub contracts, that all...

nation wide, do you think sapu--lah is significant enough to win the GE? comon,,,,the stakehoders are very limited guys...

10 hours ago

So for now I can say GE16 still long way to go govn doesn't need to do much.

10 hours ago

and regarding the share consolidation? my thinking, its to buy time i will be surpise PNB allows it...check on BURSA, how many company successful to revive with consolidation?? very few...

comon ltes face the fact, SAPU-LAH does not represent the whole nation...

10 hours ago

And I am also one of you guys who invested this stock, and now prepared to embrace the whatever ending of this stock.

10 hours ago

If you read Rafizi FB; Sapura like big issue that cost BN last 2 GE?

10 hours ago

I always dind't understand why the SAPU-Lah bought all these assest from other comp during peak in 2014? everyone would have done differently, more cautiously... and then some big share holder sold at peak share price...and then i also didn;t understand much why SAPU--LAH always won the contract and ended some of them losing money...

correct me if i am wrong about above ,.....just my thinking and thoughts, not a sell call or buy call...

maybe you gusy can tell me...why alll these things happen....money losing contract, biught assest at higest price, and sold share price at higest share price by big share holders...

and reporting losses one after another from contracts secured....i never understand whyt....you guyts understand more...i just wanted to get out from this rubiish...but i can also accept its can be total lost...

my thoughts, and claims, not a buy call or sell call

10 hours ago

it was SAPU--LAH....this eco cycle is small still,,,not big enough to affect nationwide GE>...only a bundle of sub contracts who made noise due to debt cannot claimed back,,,
now with 2 bil...all should be happy...workers happy, all happy...who cares...

10 hours ago

What to do? Even govn change some practices still remain same eg CEO must be Malay, BOD must be Malays who time and again proven incompetent in corporate.

10 hours ago

MalaysiaMadani

Malaysia need to help malaysia. We support local company. Petronas,where are you?

10 hours ago

Loh Kok Wai W

Everyday more Volume ..but price never move..

9 hours ago

dompeilee

Awwww....got ppl desperate enuf to buang to 4c....18.4 BILLLLLION free-floating tickets....gone case already. Crown jewels already flogged off...nothing left but a history of napoleonic MISmanagement, negative & wideningly worse NTA...& stup ig pension funds who lost 99% of their depositor's monies!

4 hours ago