Oil price up like crazy!

https://www.reuters.com/markets/commodities/oil-prices-climb-relief-rally-banking-concerns-ease-2023-03-27/

The entire Oil and Gas industry is flying to the sky. I don't think any government dump enough to let bank lelong the biggest oil and gas service provider in Malaysia.

Let it hit the bottom with poor QR results and rebound from there.

Mabel I queuing at 0.035. you don't be greedy and naughty.

Post removed.Why?

I just waiting for good news from PMX. Dump people will not make any money from share market.

Ordinary people keep talking about problem like put the his dump head inside the toilet bowl.

Huge opportunities in Middle East.
This White Knight from Middle East came at the right timing.

https://www.zawya.com/en/projects/oil-and-gas/middle-easts-offshore-oil-and-gas-spend-to-hit-41bln-in-2025-rystad-energy-xhzp9q7h

Hello Jerichomy, check my posts before drag me in the fight.

If you are not interested in Armada, please concentrate your fighting in Henyuang.

I'm here in Armada forum since it was below 0.20.

WTI oil price just rebounded above USD 70.0 level. Can't get lower than 0.60 tmrw.

Pak Tua esok pukat kau kosong, ikan bills pun tak ada.

Fundamental still solid, anything below 0.60 just grab it keep in the safe.

1 million Sapura shares only RM 40K. For B40 people this is a lot of money.

Just burn on paper Rolls-Royce for him standby in the hell. He need it very soon.

I put my money here for a bet. 100K bet here just a portion of my profit from the other counters.

Thus who doesn't have capacity to loose, stay away from this counter and key your money in FD.

If Sapura survived my gain at least 4 folds. If Sapura finally bankrupt, I accept it and move on the the other counters.

B40 People without 100k in the bank, please shut up and back to your routine works. Share market is too dangerous for you

I`m still here to support Sapura. 0.04 is my cost and already queue to buy another 1 million shares at 0.035 for 2 weeks.

Don't put much hope of QR result. Look at Velesto you should know the behavior of this 2 counters. Only during super high contract rate period this 2 counters able to make money. When it back to normal time, every quarter also red.

If the QR result is good, shouldn't have this kind of dumping.

Anyway this QR is past Dec, 2022 result, just like what happened to Velesto recently.

We are betting for the future with believe that the company will survive this storm. Probably is an good opportunity to grab more at this extremely low price.

Again I said this my gambling.

Maybe the QR result is bad again. Selling pressure is high now.

Who bought 5 million shares at 0.045 in one transaction this morning?

This should be the best year for Velesto since change name from UMW OnG to Velesto.

Still can't make money this year, can sink all the Nagas and fire all the top management.

Buy queue 360 million shares.

#我就坐着等石头变黄金

Harga mantap , boleh naik tak boleh turun!

#我就坐着等石头变黄金

Steady stay at 0.045. You want to buy 0.045 also no chance. Syndicates queing at that level for months.

Aman and Damai! Cheers!

Post removed.Why?

If after 50 to 1 and price drop to 0.01, PNB paper lost 99.93%.

You think government people all no brain?

Armada got good news? Other OnG counters are in red but this Armada going up. Mesti ada udang sebalik Batu!

PMX pergi Arab jumpa bakal menantu.

There are many investors lost 95% or lost 85% like PNB in the counter. Not way for them to release the anger and hate. One of them non stop posting negative news on this forum.

God bless you, hope you recover your losses in other counters. Forget about Sapura, is not your cup of tea.

Jack-up daily charter rate (DCR) of just US$67,000 (RM284,750) per day in the 2020 has risen to as high as US$100,000 to US$130,000 (RM425,000 to RM552,500) per day.

Like that also can't make money, I speechless.

Syndicates eat a lot of shares at 0.045, banyak kenyang.

Keep the energy to push later.

Dato , we have a dog here jaga our door.

A mad dog but it does the job!

Good dog!

To Our Success !

#我就坐着等石头变黄金

Nothing to worry, many of us here already earned handsome profit from this counter and continue to make money.

The latest contract rate not fully reflected in the QR result. Wait for another 2 QR, if still not making any money then you sell it off.

Post removed.Why?

No need to argue with anyone, just put your bet and wait patiently.

#我就坐着等石头变黄金

*Sapura Energy finds a white knight* this statement is from The Edge. This information came from Sapura`s court document and based on this information, the court allowed extension of 3 months for debts restructuring.

This is not nonsense information. Sapura management dare to submit fake news to the court? Think about it.

#我就坐着等石头变黄金!

Sapura`s brother Velesto was 0.08 only last year Aug to Sept. Now trading above 0.20 almost 3 folds highest was 0.275.

You dare to buy you already laughing all the way to the bank!

#我就坐着等石头变黄金!

1 million shares baru 40k. PNB`s cost 1 million shares is 300k.

What I need to worry? PNB have to worry, PMX have to worry about it.

我就坐着等石头变黄金!

A company earning 732million a year, PE less than 5.

No brainer deal. I top up again yesterday!

I'm standing behind the defense line, the syndicates defending the frontline now.

I'm happy, I don't care what the others say.

I don't have to share my profits with you and you don't have to bear my losses.

Analyst makan gaji only. They just follow big boss`s direction.

Some serious discussions is going on. Strong defense at 0.045 and I'm behind the defense line. Looking at paper gain % also damn happy already!

Buy Q 0.175 but nothing in the trap. Repeat the same trap for one month.

Issue new shares and ICUIDS to MCF creditors.

The proposed share consolidation would see, among others, 20 Sapura Energy shares converted into one. The company will then issue 500 million shares at RM1 each to its MCF creditors as part settlement of the amount owed.

Sapura Energy has also proposed the issuance of ICUIDS worth RM1.5 billion to its MCF creditors as part settlement of the amount owed.

https://www.theedgemarkets.com/node/658901

Someone give 10 to 12 cent TP. Hello like that market already collapsed like Covid time. If you think reccession is coming better sell all your shares and keep only gold.

Anyway I already set my buy queues for a few weeks from 0.175 to 0.16. Hope able to catch some panic sells.

Happy to see this price adjustment. Big sales is coming, everyone should be happy to grab more tickets or grab back the sold tickets at low price.