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.

Heavy sell down for all OnG counters but my Sapura still showing positive paper gain. Thank you for supporting this counter.

Is either accept the offer (new repayment terms and haircuts) or banks get the Sapura junk yards

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For you is big money. For the Arabian company it just 2% of last year profit.

Money always not a problem at all. Money issues able to resolve. This is just a small portion of my total investment. I have nothing to worry about. My Sapura stake still showing positive paper gain.

Tin kosong with mental illness, no cure at all.

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Let's the government think of best way the solve the problem. Government have professional think tank to think about the solution. Tin kosong shut up your smelly mouth. Besides the debts and the PN17 known issues which already reflected in the share price, you got nothing to contribute in this forum.

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According to listing requirements, listed company has to release the QR within 2 months after the end of each financial quarter. Today just 18th of March. Still have more than 1 week time to submit the report.

Debts is no more a concern for Armada. Now the debt to book ratio so healthy. Cashflow is health.

Debt issue was 2019 issue. If you dare to buy during 2019 low, you would already made 500% gain!

Oil and Gas company super rich now, should have budget to do carbon capturing and storage projects. The greenhouse gas (GHG) emissions reduction is the oil company key social responsibility.

Petronas carbon capturing project awarded to MHB:
https://www.offshore-energy.biz/worlds-largest-offshore-carbon-capture-project-is-a-go-in-malaysia/

Linges when Sapura out of PN17 I will be laughing all the way to the bank. This company only making money during super high oil price. Is a goreng counter don't fall in love with goreng counter.

I'm gambling in this counter. Thus don't have capacity to lose, stay away from this counter.

Sell it to me. I waiting for you at 10c. Thank you very much.

Oil and Gas company are loaded with cash now. Petronas reported record profit.

Aramco made $161bn!
America’s Exxon Mobil made $55.7bn and Britain’s Shell reported $39.9bn.

All these Oil Giants will spend the money for more exploration and drilling projects.

Is golden time now for Oil and Gas service providers.

This is also your once in life time opportunity! If you missed the gloves, you missed the technology stocks.. Now don't miss this Oil and Gas service industry bull run!

Calculation with valuation at PE 15, this stock worth RM 1.80.

Now it trading at PE 5.0, still extremely undervalued. No brainer deal. Just accumulate.

Company generating cash every quarter. Profit can be fake using fake accounting like Serba but cash in bank is real and solid.

Tengok US stock dulu lah. Ini Sapura kasi simpan dalam peti sejuk dulu. White Knight datang baru defrost.

Ini hal bukan satu dua bulan boleh settle.

Don't go up so fast, let me accumulate it first. Slow slow

Has the new government started any forensic audit on SAP? Has PNB lower down the remuneration for SAP CEO?

Anwar`s reply:
Anwar, meanwhile, spoke on the need to get SEB’s house in order first and called for a forensic audit on the oil and gas services company. He also touched on SEB’s former CEO Shahril Shamsuddin’s remuneration.

Summary of Najib's ideas below:-
Najib spoke about why SEB needed to be saved from bankruptcy and his ideas to rescue the company, including getting national oil company Petronas to take a substantial stake in SEB.

He said SEB had RM7 billion worth of contracts and that once it delivered on these contracts, its share price would go up and Petronas could sell its shares for a profit.

“If not, ask the banks to give Sapura loans that the government can guarantee,” said Najib, adding this would not cost a sen to taxpayers.

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Did SAP announced RI? Anwar allows PNB paying for this RI?

If he allowed this meaning indirectly he bailout this company.

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Yes i also agreed with you , we don't sue this people and that people in the forum. Everyone has freedom to provide information and making jokes.

But..Please be mindful on sensitive topics especially related to religion and race. Take note other people's feeling.

Read Communications & Multimedia Act 1998 before you writing nasty messages here. Is very easy to report you , I don't have to pay a single cent for this. You will be in trouble entertaining investigations.

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Because this Sapura in PN17, I managed to grab few millions shares at extremely low cost. No problem if I loss all here, I have other counters profit to cover up.

Petronas already booked record profits. I believe Sapura will also give a good result in next quarter result with the strong result from Oil and Gas production.

Please talk with facts don't talk nonsense here.

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This is a government owned company. The decision to took over this company via PNB was made during PH government time. Maybe was Mahathir`s decision.

Now is the government responsibility to clean up this shit. Get the Sapure`s big brother or big sister or Arabian brother to clean this shit up.

Genting gambling is depending on your luck and probability.

This betting is based on own judgment of available information. Some people just looking at the debts, Some people looking for miracle, Some people have confident on the government has alternative way to solve this problem.

Whatever you say not going to stop me make a great return in this bet.

Yes I'm betting. You don't have balls or your balls too small better don't follow.

I don't agree with Mabel in Serba. You can check my post.

I and her in the same boat for Armada and Sapura.

You can't get any tickets at 0.045. syndicates long queuing everyday.

Once this Sapura reach 0.08, I convert it to free tickets and continue to enjoy multiple climax.

Is that easy, put the bet and wait patiently.

Don't sell your panties ya. Control the risk within your acceptance level.

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Uncle go and check wiki.

I said from 32 ministers down to 28 ministers.