TalkNumberOne

Where are those 2 stooges commented 9hours back. Hahahaha kena slap immediately not just them kena slap. 😂😂😂😂😂

1 week ago

limch

Sapura Energy JVs win US1.8b contracts for subsea engineering and related services in Brazil
https://theedgemalaysia.com/node/710658

1 week ago

Nikmon

CDRC, Bursa, and Court approve the extension until early of Jun only, 3 weeks left.

1 week ago

thetruthstory

so many announcement about projects recently secured, this info is a precursor to the regularisation plan and lifting of PN17 status

1 week ago

Baby Shark

Semua projects kecik mayong, want cover costs office boy/road tax kereta pun susah..

1 week ago

thetruthstory

yeah mr sharksfin, its only usd1.8b

1 week ago

intansri

Normally if you got award this kind of project, company will receive 30% down payment to carry the project. Under this scenario, 5218 will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future

1 week ago

SinGor

$900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal )

1 week ago

SinGor

I think latest Price Water House Director as CFO comes at a right time---more bid projects should be realised
bcos SAP has been submitting Oversea Bid for the last 2 years and it is now management is announcing
awards

1 week ago

Nikmon

Whatever good news announced is useless and overshadowed by 9 billion debt.

1 week ago

Nikmon

Price won't buzz until restructure plan announce

1 week ago

SinGor

I think too-- price ---will not move much Bcos ( bcos) Bank Underwriters are collecting for Rights issue next year.
They know for sure ( previous RI ) Shahril Cannot take up RI----so How?? They have to goreng in whatever
ways to stop underwriting Losses

1 week ago

intansri

term loans $3.3b and sukuk program loan $7.3b should expect to be solved as MAYBANK investment bank as lead arranger in this program

1 week ago

Mabel

Meanwhile Lady Sapura has joined Yinson to win more Contract in Brazil. Sapura Energy required between RM 3 to 4 Billion to recapitalisation to get out of PN17..

This mean, she need another 1.2 to 2.2 billion to get out of PN17 which may come either with White Knight or Debt Swap and Balance Sheet Cleanup using thee same strategy employed by AAX and Capital A, this process takes time but is essential for long-term sustainability. If executed successfully, it could help Sapura Energy exit PN17 status without relying on external White Knights.

Syabas to Sapnrg..

https://www.thestar.com.my/business/business-news/2024/05/07/sapura-energy-gets-us18bil-worth-of-plsv-related-contracts

1 week ago

Mabel

intansri Normally if you got award this kind of project, company will receive 30% down payment to carry the project. Under this scenario, 5218 will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future
08/05/2024 11:27 AM

SinGor $900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal )
08/05/2024 11:38 AM

It's looking good..

1 week ago

Mabel

Just realized the New Contract is in USD. Normally if you got award this kind of project, company will receive 30% down payment to carry the project. This mean, Lady Sapura will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future for our Lady…

Syabas to Sapnrg..

https://www.thestar.com.my/business/business-news/2024/05/07/sapura-energy-gets-us18bil-worth-of-plsv-related-contracts

1 week ago

TalkNumberOne

😁😁😁😁😁

1 week ago

BLITZRIEG

Then with additional contract USD 1.8billion should see price creeping up a bit before out from PN17

1 week ago

5354_

Today also no up meaning operators must wait QR to improve first before pushing up?

1 week ago

TalkNumberOne

Where is OKU and co? Hiding mana?

1 week ago

SinGor

Bankers Mopping should Stop Once White Knight Cash Or Bankers HairCut announced

1 week ago

SinGor

https://oilprice.com/Energy/Energy-General/Deepwater-Exploration-Is-Booming-Again.html
___________________________
Deep Water drillings if successful ( strike Oil )---End results are Platforms are also needed to extract the Oil.
SAP platform units has more potential now

1 week ago

iyrakhan69

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1 week ago

Nikmon

2 weeks ++ left, SAP fail again...

1 week ago

Mabel

The Real Trick To Investing Is — Patience.
You need patience to see the stock go to the bottom.
And you need patience to see the stock go to the top.
And you also need patience to see the stock to skyrocket.
And then you also need patience to see your compound dividends coming in every single month or quarterly.

Charlie Munger once said, “The big money doesn’t come from the trading every single day, but from patience of wait-and-do-nothing.”

So, if you want to make big money with patience…

Warren Meow

1 week ago

TalkNumberOne

Still waiting Oku and co. Hahaha 😂😂😂 hiding in the closet?

6 days ago

necessity

white knight finally comes to the rescue. they are making come back guys..let see how good this news will be brewing. will start to mobilized local asset for new project very soon.its happening.

6 days ago

PaiKia

after 2 weeks, still 0.045 cent

6 days ago

TalkNumberOne

Hehe after 2 years also still 0.05 0.045 la. Where is OKU when can redeem your 0.01 or 0.02 or bagi you discount 0.03? Still cannot and now you hiding in the closet shivering? 😂😂😂😂 what a joke my chun chun prediction 2 years ago you will pretend go missing.

6 days ago

Nikmon

Only can do leasing contract, lumut yard dying...

5 days ago

TalkNumberOne

Oku and co oiyo, weekend also hiding ah? Haha overtime hiding nice la, make the world a better place.

5 days ago

SinGor

I am Not concern about PN17 regularisation report on 31 May but the next Date 10 June needs urgent
announcement like where is the White Knight Cash?
As a on-going concern SAP needs much more Cash than you think in 3 years----RM 4.30Bil for Brazil Project
RM 5 Billion for on-going projects ( i was told most unprofitable legacy job from Petronas already Cancelled )
How SAP is going to Raise another RM10 billion for Projects beside Debt Coverage( atleast 4--5Billion )--
A new "Partner with Deep, deep pocket" has to come-in ( will come as a very surprise announcement )

5 days ago

TalkNumberOne

Singor thanks for sharing. You are always a reliable share. Thank you so much

5 days ago

Nikmon

No new job for lumut yard...

4 days ago

TalkNumberOne

Where is Oku and co? Haha don’t make my chun chun prediction 100% record le. 2 years ago already predicted you will pretend missing hahahaha. Next time noob admit noob don’t sia soi your self

3 days ago

thetruthstory

if nothing happens and extension is given, next qr announcment will spike the share price, if any good news before then, can immediately see double/triple/quadruple your profit, fasten yr seatbelt

3 days ago

Baby Shark

Buy now sell 0.075 kaya raya.. hahaha

2 days ago

MrHuangBK

Same wake service planned for 1000days

Already stuck in long kang over 800days

Promote now is smart

Promote 2 years ago dumdum lo.. all stuck 🤣🤣

2 days ago

TalkNumberOne

lol finally Oku and gang came out of hiding. 😂😂😂😂😂😂😂😂 deliver 1 sens or bagi you discount 2 sens first then you talk else shut your self in the closet and continue hiding.

2 days ago

TalkNumberOne

Now you want to change to “promote now is smart” lol. Since when you can change from no balls to getting balls back. lol curi from your friend? By the way your friend also lost his balls

2 days ago

Huangbk72

U stuck since 2022/2023 is nice feeling? 😆😆😆😆

Please attend wake service 1000 days..

Dumdum promoted for so long... those promote now is smarter 🤣🤣🤣

1 day ago

TalkNumberOne

Haha don’t pretend you are somebody la. The reason I called for you is to trigger your ego balls. Haha and true enough you are a loser in market I bet a loser in life also. Haha don’t agree? Check where were you hiding and where are you now? More obedient than a dog hahahaha

1 day ago

TalkNumberOne

Yo doggie pretend never reads and go hiding again? Haha worst than newbie la you. EQ - 0 tested. IQ - 0 also tested . Haha

1 day ago

Dehcomic01

As a value investor, I look for turnarounds. These are companies whose market prices had tanked because of some business issues that I considered temporary and could be overcome.
Bursa Malaysia Sapura Energy fitted this bill in 2018 after being the darling of the stock market a few years earlier. It faced declining order books due to the declining oil prices. This is a company where there is a strong correlation between crude oil prices and its performance.

https://i.postimg.cc/7hwb6Kv1/Sapura-crude-correlation.png
Crude oil prices are cyclical and I thought that the company was sound enough to outlast the downtrend leg of the crude oil price cycle.
Over the next few months, I built up my investment to end up with an average share price of RM 0.39 per share. Sapura had a book value then of RM 0.87 per share with a NTA of RM 0.37 per share. Ya, this is a company with a lot of goodwill and other intangibles.
You would have thought that there was enough margin of safety to ride out the storm. Analysts were projecting target prices above a Ringgit at that juncture.
Anyway, the downtrend leg of the oil cycle lasted longer than anticipated. Sapura continued to bled so that today, it had written off all the intangibles and is trading at RM 0.05 per share.
The company is still looking for a sustainable turn around. And I suspect it will have to undertake a debt and equity restructuring scheme to come back. This means haircuts for creditors and shareholders. This is a bet gone wrong and I will probably not be able to recover my investment.
Moral of the story?
Catching falling knives can be dangerous but if you succeed, you have a multi-bagger. But if you fail, it must be part of a good portfolio so that the gains from the others more than offset the losses you suffer. Sure I have such a portfolio. But this does not stop me from regretting my investment in Sapura Energy. https://www.youtube.com/watch?v=1N5mi-7kRM8

21 hours ago

SinGor

equity restructuring scheme to come back. This means haircuts for creditors and shareholders. This is a bet gone wrong and I will probably not be able to recover my investment.
_________________________________________

Maybe you donT understand what is "Haircut for Bankers and Investors bought at CURRENT price ( 5cents) "
Yes for Long, Long Term Investors who bought at RM1.00 ( too Bad----Even PNB is too Bad (30cents )
You have people Keep shouting 20:1 share Reduction----It Never affect you bought at 5cents bcos after
reduction market price will "Mark-Up" to maintain Same Market Value for you ( ask yr remisier for info )

AS for Bankers really too Bad if there is a HairCut on "Loan Amount"---It is Gone for Ever. That is the reason for
3 years Bankers are still fighting to Claim back what is owed to Them

15 hours ago

Huangbk72

Hair Cut vs Liquidation

Which option brings more to the table in SAP case?

Look no further than Serba. Same big debts to banks.. liquidating now.

15 hours ago

SinGor

AAX and AA should be Liquidated immediately----AAX 33 Billion losses----AA 13 Billion in Debt. Tony is still
Trying to CON-Bankers-----jia Talk every Day

14 hours ago

SinGor

20:1 Reduction doesnT make Sense at All----Nosh will be reduced to 900,000,000----That will make SAP
market price at RM1.00----Now minimum Cash SAP needs is around 3-4 Bil ---Which means RI got to be RM3.
Let make some Real Sense----Will you Buy SAP RI @ RM3.00 ( Given market price RM1 )

14 hours ago

SinGor

Maybe we convince " BoB No Hope " to Buy --Or OKU Or YKK to Buy---They are foolish But not Bodoh

14 hours ago

TalkNumberOne

Hahahahaha 🤣🤣🤣🤣

13 hours ago