Sslee

No worries later Petronas will give Sapnrg another production sharing oil field.

Cyberjaya, 30 October 2023 – Dagang NeXchange Berhad, via subsidiary Ping Petroleum Sdn Bhd (“PPSB”), has signed a new Production Sharing Contract (“PSC”) with Petroliam Nasional Berhad (“PETRONAS”) marketed under the Malaysia Bid Round 2022 (“MBR 2022”). MBR is an annual Malaysia licensing round hosted by Malaysia Petroleum Management (“MPM”), PETRONAS which offers investors diverse upstream opportunities, including exploration acreages, discovered resource opportunities and late life producing assets.

9 hours ago

Jerung

LU or LD :)

9 hours ago

thetruthstory

gogo sapura

9 hours ago

Bmw X5

careful ...fake buy Q ...seller adding up fast & furious !!!

9 hours ago

cheap1

Pity haters. Today at 5 sen up 11.11%. When Sap so cheap up 0.5 sen already how many years you earn from FD haha.

8 hours ago

nicholas99

lesser asset.. got many project also no use. later have to rent machine to work. more cost.

8 hours ago

UlarSawa

Ppl sharing you cakap they are haters. You ada said wrongly or not. What happened to those chased 5.5sen earlier one. Ada dapat kfc kah. Now tersangkut again leh. Kesian. Haiyoh. Correct?



cheap1

Pity haters. Today at 5 sen up 11.11%. When Sap so cheap up 0.5 sen already how many years you earn from FD haha.

4 minutes ago

8 hours ago

cheap1

YTL Power up 10% is it easy?

UlarSawa

Ppl sharing you cakap they are haters. You ada said wrongly or not. What happened to those chased 5.5sen earlier one. Ada dapat kfc kah. Now tersangkut again leh. Kesian. Haiyoh. Correct?

8 hours ago

cheap1

YTL Power FA sure better than Sap but at RM 4.06 can up 10% more?

8 hours ago

UlarSawa

Want to know ytlp go ytlp there. Haiyoh. Correct?


cheap1

YTL Power up 10% is it easy?

UlarSawa

Ppl sharing you cakap they are haters. You ada said wrongly or not. What happened to those chased 5.5sen earlier one. Ada dapat kfc kah. Now tersangkut again leh. Kesian. Haiyoh. Correct?

11 minutes ago


cheap1

YTL Power FA sure better than Sap but at RM 4.06 can up 10% more?

5 minutes ago

8 hours ago

Michael R.

Tell me wrong that selling the asset is tantamount to selling its golden goose laying eggs... Now no more eggs...

8 hours ago

cheap1

PNB still in Sap. If Sap die PNB also die PM-X want?

7 hours ago

UlarSawa

Janda Sapura only 1% of PNB portfolio leh. Die pun nvm lah. Can write it off lah. Still can pay decent divvy to stakeholders lagi lah. Haiyoh. Correct?


Posted by cheap1 > 7 minutes ago | Report Abuse

PNB still in Sap. If Sap die PNB also die PM-X want?

7 hours ago

smartepf

PNB won't die la! PM don't want have anything to do with SAP

7 hours ago

nicholas99

PM-X lose every by-elections. what more he can do? everyday give duit to his own people.. but still cannot win. now chinese grow tired of him. he will probably lose the next election.

7 hours ago

UlarSawa

PMX debated with Bossku cakap mau check why Janda Sapura ended up like today leh. Siasat so long pun belum ada conclusion kah. Whose fault caused Janda Sapura until current stage. Haiyoh. Correct?


Posted by smartepf > 45 seconds ago | Report Abuse

PNB won't die la! PM don't want have anything to do with SAP

7 hours ago

nicholas99

he got answer also won't publicize it la.. we all know is PM-X partner ma.. how he can say out loud. last time fight fight fight.. now become partner.. soon lose together..

7 hours ago

cheap1

PM-X lose small election never mind. Important is he must win GE16. Najib won many election but by GE14 he lost remember?

7 hours ago

dompeilee

Laughable! Such gd news BUT price can't even budge appreciably for speculators to make a cent! Hmmmm could it be because of the indiscriminate printing of scrip so copiously that it's now by far the most oversupplied co. in the whole mkt???🤣 PNB /ASB can FORGET about getting even 10% of their invested(read THROWN AWAY) capital back!

7 hours ago

cheap1

Should ask Rafizi(only he dare talk about Sap Nrg recently not PM-X) more in his FB.

7 hours ago

cheap1

Is it GE16 still long way to go?

7 hours ago

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)

6 hours ago

nicholas99

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

6 hours ago

nicholas99

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

6 hours ago

nicholas99

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

6 hours 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.

6 hours 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.

6 hours 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

6 hours 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.

6 hours ago

Sslee

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

6 hours ago

speakup

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

5 hours 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

5 hours 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.

5 hours ago

Sslee

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

5 hours 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

5 hours 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

5 hours 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

5 hours 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.

5 hours 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

5 hours ago

bullrun168

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

4 hours ago

nicholas99

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

4 hours 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.

4 hours 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 …

4 hours 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?

4 hours 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..

2 hours ago

Ela Deraraj

Post removed.Why?

1 hour 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 hour ago

BILLC

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

1 hour ago

obakh222

Wait 12 sen lah.

41 minutes 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

20 minutes ago