@2013 Sapura Kencana spent USD 1 Bil to buy Karang-guni assets from US co. New Field!

Sapura-OMV @2017 deal. Sapura sells Malaysia oil field worth 36k boe/d x 365x USD40/2 = USD263 mil a year of profit to Australian OMV for merely USD1bil. Wake up, Shahril is Dumbno ppl here to sell national assets.

How could be the deal be possible? Undertable?

https://www.jadestone-energy.com/acquisition-sapuraomv-peninsular-malaysia-assets/

Why SapuraOMV sell peninsular oilfield asset @ USD 9 mil when the asset can generate 6000 boe/day which is 6000x360xUSD40/2 = 43 mil per yr of profit? Wtf is Sapura doing? Selling national asset to UK?

U guys know how institutions throw shares? Here is the show

By closing that 1 mil Q @0.095 will be consumed.

More cut loss to come. 0.095 last line.

CIMB heavy exposure to oil and gas companies. Oil and gas in red. Most 3QR report losses up to billions each.

Bye bye Sapura. Another Fintech company

Serious? $80 oil price only up half cents

Top gloves used to be RM10 but now at RM2 why don't u buy

On Feb, oil price was merely $60, sapnrg was traded at 0.15. Now oil price is $80, and this counter is traded at 0.115. U know something unusual.

Some sovereign funds has right to no disclose share trading, you will only see them in annual reports.

4 days ago, sapura is 2nd most actively traded stock in Klse. Means a lot of ppl start believing in Sprng, but institutional still throwing out big sum of shares. Beware this QR high chance to be in red

When oil price up, shares price remains. But when oil price falls, share price fall. Typical sign of some big institution is throwing out shares.

Then u buy toto better. Lol

For it to reach 1.00, it's net profit need to reach 2 bil. It will be very unlike.

If not bcoz of huge debt, this Co is making a 17% profit margin. Banks are eying on thier debt servicing capability hence willing to borrow them 3 bil fresh.

Market cap is only 2 bil. If banks can borrow fresh 3 bil to them, banks is making a big bet in spnrg. Maybank and CIMB. If u don't believe in spnrg, don't put ur money in these 2 banks

New CEO wanted to report bad result this quarter, push the profit to later so that he can take credit for the revival of the company. He couldn't do so becoz CFO current is still in power.

Fall before QR. Not a good sign

End june that time still lockcdown. Furthermore, other o&g counter also registered bad QR. However, i think the market already priced in these impact. Those boasting sap QR report 200mil profit, i don't where u come

Sry u see Alam abang adik with sapnrg. No need to wait QR

Haha you know who is behind the company?

Trive's directors are all business degree holders. Non of them are engineers

Their ETI battery box are like stone age's battery. Cannot even beat battery buy from Taobao.

Solar panel installation are quite low skilled. Anyone can do. There are many small companies can do.

Trive is not SEDA certified, hence they can't bit for grid tied project.

The only thing justified is the acquisition of Persoft tower at RM200/sqft. Which can generate RM1 mil in rental income.

They do not have a clear direction. Collect rental my 90 yrs old grandma also can do.

Ib

IBs are sohai

Share buy back

Gemas JB track will be halted.

tmr will up again.

time to buy

It's a planned selling. Remember there were so many news to promote Fajar around 0.8 cents? they were paid writters so that the shark can sell.

A few commenters here are shark's agent

wait 1st! Big fish selling. After finish selling only buy. Save your bullets.

this QR is worrisome. Don't enter 1st

It still has logging business related to MCA

Major shareholders all MCA kaki

http://www.theedgemarkets.com/article/fajarbaru-rises-speculative-interest

panic selling*

Cut loss is for intelligent selling. Choose other word for your case.

you must be playing with your father's money.

computer selling

last minute 0.05 up. Sign of big fish selling off.

Pls, come back after election. For now, go holiday

Malaysia is the 1st SEA country to increase interest rate by 0.25% 2 mths ago. Do you think Malaysia economy out peformed other SEA countries?

our gov purposely elevates ringgit for election. When Ringgit up, company’s sales down. Gov doesn’t care about businesses for now, priority is to win election.

Buy back at least 10% to show your sincerity k

Buy back 100k shares for a company? Drama or wat?

Stockage more than a year, receivable more than 8 mths, and 3% of sales goes for deminution.

Dropped till numbed

Company is in trouble