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2022-12-01 18:17 | Report Abuse
On 1 September 2022, the Corporate Debt Restructuring Committee (the “CDRC”), approved the Company’s application for the CDRC’s assistance to mediate in its debt restructuring negotiations with the MCF Financiers. Following the Company’s admission to the CDRC regime, the relevant financial institutions are expected to observe an informal standstill, and the Company was expected to submit a proposal for a restructuring of its debts owed to such financial institutions within 60 days from 1 September 2022.
In line with such requirement, the Company submitted a draft Proposed Restructuring Scheme ("PRS") to the CDRC on 29 September 2022, and has since been participating in CDRC-mediated meetings with the financial institutions to seek feedback on and to refine the terms of the PRS.
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Clearly Management is actively trying to resolve 10bil Debt with CDRC mediation. Draft proposal already
submitted 29 Sept. All i can say is SAP Directors are following Standard Corporate restructuring with No
intention of seeking Political Help. Strong Will Management. None of Director has SAP shares anyway----
Hahahaha
2022-12-01 16:59 | Report Abuse
28m bought Velesto at 15sens...surely will walk pass 16sens tomolo to 20sen
2022-11-30 15:00 | Report Abuse
As usual, Black Friday or Friday the 13 comes early. Pao Kung is grinning like Mad
2022-11-30 14:58 | Report Abuse
margin selling will start 2 days from today. Brokerage house will inform players to Top-Up or forced sell.
In any way Ular will be hanging by its eye lid next 2 days
2022-11-30 11:37 | Report Abuse
This All Ular fault. Again wrong promotion. Massive profit , price slowly snake Up. Bad earnings Limit Down.
2022-11-29 21:22 | Report Abuse
Velesto post impressive results with 5 working Rigs. SAP has 11 rigs and will post results in 13Days.
Last Qr SAP revenue was 1.17Bil. This Qr if SAP post 2.0Bil revenue without any writeoff like last Qr, SAP may
post a BIG surprise Profit like Velesto. Any way i think Velesto will goreng back to 30sens in no time.
We have a Christmas Rally Coming and will drag into 2023 Chinese New Year. With 2 months Rally, punters
donT care about FA & TA. I already see foreign funds coming to join the Party
2022-11-29 18:07 | Report Abuse
This Type of Yo-Yo earnings will shrink any 2-Tonne Nut into a Green Pea
2022-11-28 13:45 | Report Abuse
For a very small Glove Co compare with TG which is 15X bigger, Careplus can loses 30mil last Qr
2022-11-28 13:26 | Report Abuse
now we wait for Ah Wa.Kor budget, if no increase in taxes for Gen... then Happy times for Goreng Master
2022-11-28 08:47 | Report Abuse
A Christmas Rally is surely coming. But Genting rally can pull down by Anwar's 2023 Budget. He never likes
Genting and Alcohol ( As always Mahathir prevented a hefty Tax on Genting when Anwar was finance Minister )
Safest Sin Counter is BAT. Khairy Jamaluddin was stabbed by his own Generate End Game on Tobacco in Sungai
Buloh. Youths voted him Out bcos he targets Vape Smoking
2022-11-26 15:49 | Report Abuse
Arbitration has "teeth" if it included in Sale and purchase Agreement Clause. Now it is just a After-Thought"
process( waste time only ).....better-off with open Court Case
2022-11-25 16:28 | Report Abuse
Sept 30, 2022 (1QFY2023) due to the absence of one-off bargain purchase effect from the acquisition of 60%
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This is actually a inflated Revenue with no earning attached. Management just said bought Silterra Cheap
and attached a " invisible profit " to it ( and ikan bilis becomes ecstatic High for imaginary numbers )
2022-11-25 15:55 | Report Abuse
Has a strange feeling, Both License Dispute and today bad results are leak out to private placement investors
before ikan bilis knew what is going on?
2022-11-25 09:52 | Report Abuse
https://www.malaysiakini.com/news/645650
2 Deputies including BN. SAP chance of getting rescue is much better under PN
2022-11-24 17:24 | Report Abuse
I propose Lim Guan Eng as Interior Minister. Then "Mui jaz " hidden skeletons will all be exposed
2022-11-24 16:35 | Report Abuse
Finally sold all. Tomolo concentrate on KPS, Selangor Gov crown jewel. Anything Anwar is Lucky next few days
2022-11-24 15:28 | Report Abuse
After Anwar's inauguration as the 10 PM, next Big show will come----the Breaking Up of Umno and the return
of 97year Mahathir as UMNO Chairman. Yes, this is the best 2022 Free Show
2022-11-24 13:51 | Report Abuse
Congrats Anwar. Tonite i will celebrate with 2 bottles Johnny Walkers Double Black, monies i made from
sui yee contributions. Japanese Abalone + hairy Crabs( i think cannot get, China lock down) for next week bcos
Bursa will go overdrive for "First" Christmas Rally in 3 years
2022-11-24 10:44 | Report Abuse
Even Anwar willing to give Zahid PM position, DAP will Block. Looks easy but politics is more difficult than
Quantum Mechanics
2022-11-24 10:33 | Report Abuse
UMNO can squeeze alot of juice from Unity Gov...PH & PN cannot work together---PAS and DAP major obstacle
2022-11-24 10:21 | Report Abuse
Already made 10sens, tomolo if more good news i will the sell another half......enuf profit to buy a EV-car for
my maid to buy vegetable at wet market. Politicians only works for themselves where got unity Gov in mind.
Too many sui yee rush in so must make a kill
2022-11-24 10:01 | Report Abuse
dont be so excited yet, sell into strength. I heard UMNO wants a position in Cabinet to control Judges and Police.
If Zahid dont get what he wants Unity Gov will fall apart in just weeks after Forming
2022-11-23 16:31 | Report Abuse
Only Umno can defeat PAS and nobody other Parties can defeat PAS. PKR is a pillow and PAS is a snake. How
can pillow kill a snake???
2022-11-23 15:30 | Report Abuse
You must be kidding Super can command 0.88 sen when there is 2.721Billion shares And makes only 4.5mil profit.
In the EU & USA, Market never talk about Covid so there is no urgency to stock up supplies. As a matter fact
USA has downgraded Covid as a Winter Flu. I think Super will hardly makes it above 0.40sen if Net profit
continue to wave around 4--5mil profit next year 2023
2022-11-22 08:55 | Report Abuse
2022-11-21
Quarter Result ( Comfort Glove )
Quarter Result on 30-Sep-2022[#3] QoQ - -658.37% YoY - - %.
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Wait for Super results then speak. You never know whether is "minus" 300% or still earned 25sens Net profit
2022-11-22 08:49 | Report Abuse
2022-11-21
Quarter Result --Comfort Glove
Quarter Result on 30-Sep-2022[#3] QoQ - -658.37% YoY - - %.
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Super refused to release Results on Time. Look at Comfort Glove
2022-11-18 16:47 | Report Abuse
https://oilprice.com/Latest-Energy-News/World-News/UK-Hikes-Windfall-Taxes-On-Oil-And-Gas-To-35.html
British windfall Tax on NorthSeas Oil is now 35% from 2023 to 2028. Dnex hit by falling Ladder too
2022-11-18 09:48 | Report Abuse
Dnex is Not SerbadK. SerB is a bloodly Con-Job. Silterra is Real. When something is Real and makes money,
you got alot Greedy Rich Bumi ( very Rich ) who wants to steal Dnex away...What can i say, Malaysia Boleh
2022-11-18 09:08 | Report Abuse
Dnex is initially View as very Good IT hardware Co. But slowly things are cracking up, we have Director trying
to Siphon money and Controlling Stake in dispute. A Typical Bumi Co. where so many Rich Bumi trying to wrest
control ( who control ICPS )
2022-11-18 08:44 | Report Abuse
What a mess? Arbitration means 2 party Cannot see Eye to Eye. Many Dato having Huge margin account are
still Blur-Blur bcos they outside Campaigning. Come Monday or Tuesday, massive margin account holders
will stay calm or going on selling depends on who is next PM......usually loser side will sell
2022-11-07 20:07 | Report Abuse
If Day Rate is high enough ( $150K = RM705,000 / Day ) SAP can get about RM 1.5--2.0Bil /year( Net Profit )
2022-11-07 19:57 | Report Abuse
Velesto just received a 635mil Contract for One Jack-Up Rig (Naga 5). SAP has 11 jack-Up Rig---Is SAP 2023
Revenue All from Jack-Up Rigs?? Then it is worth 4--5Bil revenue until 2024 like Velesto
2022-11-03 16:41 | Report Abuse
ikan bilis drop Oil stocks and rushed into Glove counters are now burned beyond recognition in just One Day.
2022-11-03 16:13 | Report Abuse
Bankers 100% Con themselves. Now become major sellers and weeks of selling to come
2022-11-03 11:02 | Report Abuse
Bankers are giving high TP so that they can Run. Next bad news will come with Super Qr results.
Cascading price falls one after another Qr release. Wait if want to average ---maybe in 2023. For sure 4Q22
is also Holland. There is no money in EU and USA to buy Glove or restock
2022-11-03 10:26 | Report Abuse
Last Hope looks like 1000km away, CIMB without Nazir Razak will Not extend any Help. Delisting?????
AAX is Gone, delisting is almost confirmed. Fat Lips resigned as CEO speak very Loud
2022-11-03 09:51 | Report Abuse
Layang-layang tali putus
2022-11-03 08:22 | Report Abuse
Quarter Result on 30-Sep-2022[#3] QoQ - -49.43% YoY - -95.60%.
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Kossan All Red. Next in line is Super's Qr. Unless release from USA Detention, Qr results are the same as Kossan
2022-11-03 08:18 | Report Abuse
Quarter Result on 30-Sep-2022[#3] QoQ - -49.43% YoY - -95.60%.
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Kossan first Out the Block, All Red
2022-11-02 10:21 | Report Abuse
The Company has had a number of meetings with certain of its existing financiers (as described below, the “MCF Financiers”) to consider a proposed scheme of arrangement and compromise (“PSA”), to be approved in due course by the various classes of creditors of the affected members of the group in court-convened meetings
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A proposal has been submitted to Bankers( 10Bil---Maybank Taiko)) And smaller Court Creditors---if the smaller
creditors accept and Drop Lawsuits. I think SAP price will raise significantly bcos smaller creditors are actually
Suppliers of Raw Material and Technical Workforce. These group of Creditors will enhance SAP job bidding and
extend sap scope of manufacturing
2022-10-28 09:48 | Report Abuse
beside 0.045, Sell parkings have drop significantly. Even 0.045 sell parkings has drop by 25%, high sell price
has drop 60--65%. Are sharks prep-ing for a Push next week in view of GE15 and Higher Oil price
2022-10-26 17:42 | Report Abuse
CarePlus Director dealings is always Head Stomper for Qr results. Starting last Qr. when where Director/CFO
starts selling......always Bad results for Glove Industries
2022-10-25 08:52 | Report Abuse
awieze
Just investors getting upset with Xi's policy........anyway TG continue to plunge this week. why?
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Why??? I observe the whole of last weeek, Vol. is PURE manipulation. Early morning look at Sell and Buy
Parkings, mostly 20K---15K....You would expect whole Day Vol. about 4--5mil or 10mil Max. But it always
ending 100mil and above. Who is buying and Selling?? Ikan Bilis donT generate this type of Vol, must be sharks
2022-10-24 15:18 | Report Abuse
Market setbacks following the reshuffle, which highlighted Xi’s unquestioned grip over the ruling party, show deep disappointment over a likely continuation of policies staked on Covid Zero and state-driven companies. Tech giants Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Meituan all tumbled as investors remained skeptical that Xi and his allies will seek a rejuvenation of private enterprise.
“The market is concerned that with so many Xi supporters elected, Xi’s unfettered ability to enact policies that are not market friendly is now cemented,” said Justin Tang, head of Asian research at United First Partners.
*************************************************
Just investors getting upset with Xi's policy........anyway TG continue to plunge this week
2022-10-24 11:02 | Report Abuse
one vote for RM300 (widely circulating) Selangor Gov got Cash for GE15 and State Election????
2022-10-18 19:51 | Report Abuse
Every Qr in 2022, A chinese buyer goes thru me to buy 7--10mil scrap iron from Lion Steel. You are just a ignorant
scrap house fly
2022-10-18 18:51 | Report Abuse
Rigs are sold as scrap iron ( almost depreciated ) With scrap iron price so Good nowaday, SAP still makes a profit.
These rigs are non-operable, just left to rot
2022-10-16 16:19 | Report Abuse
almost everybody i know "kena" this new variant in Singapore hardly knew they were infected.
2022-10-16 10:30 | Report Abuse
Last Call SELL all TG shares and leave before 20 Oct. Let Ular mumified Here
Stock: [SAPNRG]: SAPURA ENERGY BERHAD
2022-12-01 18:23 | Report Abuse
If you look at SerB Pn17 note today, Management has no idea how to solve their problem. Just waiting to
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