TalkNumberOne

Mabel where you got the statement “ to meet the milestone dateline of 30th Nov 2024” ?

1 week ago

Mabel

That's the dateline is Bursa's dateline to submit Regulation Plan..this is cuming from the CEO during the EGM..

1 week ago

TalkNumberOne

Wow, I know the dateline. Just wanted to verify if they will go for the dateline. Looking at the urgency I suspect yes and you have confirmed the statement

1 week ago

Mabel

Cheers T#1

Malaysia Bolih!!!

1 week ago

nisah395

Is that final dateline or extendable?

1 week ago

Mabel

Yes, the deadline of November 30, 2024, is the final deadline for Sapura Energy Bhd (Sapnrg) to submit its Practice Note 17 (PN17) regularization plan to Bursa Malaysia. This extension was granted to ensure that Sapnrg can meet all regulatory requirements and complete its debt restructuring efforts.

1 week ago

DickyMe

Madey and his cronies' legacy entities are licking the ground.

6 days ago

TalkNumberOne

Just about to conclude the week with nice no emotional damage people around. There comes the champion hahaha 😝

6 days ago

TalkNumberOne

Emotional damage means go eat some uncle Roger fried rice la. Don’t go around forum dropping all your emotional damage message 🤣🤣🤣🤣🤣🤣

6 days ago

DickyMe

Mentally challenged spastic people are unable to decipher their own investment situation, yet trying to make fun of others. Their behaviour is like "EMPEROR WITHOUT CLOTHES". 🤣🤣😂😂😅😅

6 days ago

TalkNumberOne

There goes my fun. Thank you emotional damage uncle. I know it’s hard refraining your self from coming haha. But you failed miserably and come entertain me anyway. lol with your emotions, you can’t achieve anything in life la except forum where you can hide all your miserable life pretending to be someone.

6 days ago

TalkNumberOne

That I give you. Haha see you next week, letting your ego eat into you for whole weekend.

6 days ago

DickyMe

If I am your uncle then your sister is my wife! 🤣
Keyboard warrior thinks he is great at one up game.
Keep entertaining us with your Talk-Cock-Num-One.

5 days ago

Nikmon

Barakah also submitted exit 17 plan recently, price went up one fold while pending approval, if Sapura do the same by end of the month?

3 days ago

TalkNumberOne

Good de morning, beginning of another new week. All the best to everyone and hope uncle emotional damage get to recover. Start making the world a better place

3 days ago

SinGor

Barakah submission to exit pn17 is similar to what can be done by SAP....Barakah said they received 78.8 mil from
some contract dispute and revising "Old" Contracts to get a Better Deal----Sounds very familiar

3 days ago

TalkNumberOne

2 more weeks until 30th November. Either we throw rubbish on emotional damage uncle or emotional damage uncle spit on us. Let’s see

3 days ago

TalkNumberOne

Mabel, another extension hahahaha.

3 days ago

Mabel

Sigh...

Mabel was having the impression that they were on Target to submit at the end of this month...

2 days ago

Mabel

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

2 days ago

Mabel

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.

2 days ago

Mabel

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

2 days ago

intansri

Very positive views on the long term outlook. For anyone who wants a short term gain is better for other counters

2 days ago

Mabel

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!

2 days ago

Mabel

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/

2 days ago

thetruthstory

now that the news is out, you can go back dog fight and being nasty to each other

2 days ago

TalkNumberOne

Well with or without news, emotional damage uncle remains emotional damage. Haha 😂😂😂

2 days ago

21spade

cant wait for some upward movement to clear what I am holding. Collecting cobwebs already

2 days ago

gamble

looks like sapura will be delisted. gg

2 days ago

Mabel

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

2 days ago

HaiLiDeYu

Mabel, can conclude that you still optimistic about Sapura turnaround, and will look forward to laughing to the bank next year. Correct?

1 day ago

xiaoeh

Mabel a very optimistic meow meow
from Serbak time we known...

1 day ago

Mabel

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..

1 day ago

Mabel

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

1 day ago

SinGor

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 ???

1 day ago

koyokui

Buy got 5 years contract. Exit pn 17 insya allah

1 day ago

intansri

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

23 hours ago

Mabel

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

23 hours ago

OKU_2020

👹👺...RUNNNNNNNNNNN for our live ON NEWS'
BEYOND REPAIR 👿

12 hours ago

Nikmon

The only PN17 receive contract from Petronas...this isn't against their procurement policy?

11 hours ago

PaiKia

talk so much, still 3 sen

9 hours ago

nicholas99

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.

9 hours ago

OKU_2020

SELL ON NEWS
RUNNNNNNNNNNNNNN👺
can't up - impoten*🤣

7 hours ago

nicholas99

HOW UP? SO MANY DEBT. YOU SELL ASS ALSO NOT ENOUGH COVER.

7 hours ago

nisah395

Today got people buying 0.035

7 hours ago

nicholas99

faster go buy. nisah

7 hours ago

nisah395

Hahaha.

7 hours ago

Raja138

Sapura Energy/Private sectors subsidised working visits to 5 countries, including DOHA, Qatar, Anwar says!

https://www.freemalaysiatoday.com/category/nation/2024/11/21/private-sector-subsidised-working-visits-to-5-countries-anwar-says/

42 minutes ago

vokeri4436

Today got people buying 0.035

42 minutes ago

SinGor

will suffer forex loss this Qr ( same as last Qr but recover in 1Q25 )----Just keep an eye on Revenue Gain

20 minutes ago