hmmm
I expect US authorities might take action and make arrests for sanctions evasions and oil remains $120

or

they might not and oil drops sharply to $60.00

or anywhere in between $60 to $120

its difficult
coz those oil Supertankers landing in New York and New Jersey originate from India who bought up all of Russian production for resale to US markets.

Malaysian gloves factories have a huge cost deficit compared with China factories.
As such Malaysian Gloves are no longer cost competitive compared to any other country in the world.

These RM220 million are new additional HR costs on top of existing salaries cost.

ie existing HR costs + RM220 million per year

Isaac Genting says no worries, all Genting casinos will lose money later

and thats why the Snake is here to make sure Top Gloves goes bankrupt.

everywhere the Snake goes, those companies really goes bankrupt.

Malaysian gloves factories have a huge cost deficit compared with China factories.
As such Malaysian Gloves are no longer cost competitive compared to any other country in the world.
The killer are those new 4 inch mattresses and new housing requirements.

for example the RM160 million to RM200 million additional HR costs does not take into account any 4 inch mattreses, PPE and new housing requirments.

its time for you to calculate yourself those additional odds and ends of around RM20 million per year.

Malaysian gloves factories have a huge cost deficit compared with China factories.
As such Malaysian Gloves are no longer cost competitive compared to any other country in the world.
The killer are those slave loan payments.
We ass_u_me that these are amortized over 10 years being the maximum allowable period by Malaysian Immigration.

for example the RM80 million additional HR costs does not take into account any loan amortization at all.
Loan amortizations could range from another additional HR costs of between RM40 million to RM80 million per year depending on how much those workers had paid off their initial slave RM40,000.00 loan payment to come to Malaysia

oil price is diving down off peak

Russian oil in supertanker now arriving in Continental US specifically New York and New Jersey driving down oil prices very deeply back to normal.

at this rate of Russian supertankers arriving .. USD50.00 is not surprising

another piece to be sold off soon, price jump up you better escape loh

another piece to be sold off soon, price jump up you better escape loh

Rinse and Repeat

another piece to be sold off soon, price dive down you better drive to Penang Bridge loh coz no more pieces left to be sold off

who wants to take over loss making contracts? may lose RM20 Billion woh

pretty soon everything will be sold off then allowed to go bankrupt loh

4.5 sen will be 99% loss position very soon, new price => RM0.005 no buyers

many ways to give Free Money to Sapura, besides cut off armed forces veterans benefits
can cut all monthly allowances to Single Mums, OKU including but not limited to blind folks.

orphans, old folks .. all just kick them out to sleep on streets ok jer

can save a lot of Free Money for Sapura.

so just buy with Confidence then drive to Penang Bridge

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additional HR costs easily results in additional RM80 million per year.

that is just a one liner.

every expense item is increased
the imbalance cost pass-through will finally result in a 50% increase in electricity charges, its inevitable otherwise Tenaga will go bust since coal prices increased more than 50% and efficiency is only 36 to 42% for coal PP.

the BAU is so smelly

many conmen confidence tricksters learned a lot from Serba fraud case.
"Copy phrase" is the new cocaine

thats so interesting !!
its the unsinkable Titanic !!
the unsinkable Bismark !!
Fly To The Moon Hindenburg !!
will never drop below RM1.50 !!
the sun never sets on the British Empire !!
the undefeatable Wehrmacht !!
hmmm !!!

kakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakakkakakakakakakakakakakakakakakakakakakakakakakakakakakakakakak

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if like that sure Sapura die lah
its Other People Money mah
Dun be stingy with fake printed money loh
so be more generous lah

if wanna save jobs, Petronas can just hire all Sapura staff, leaving Sapura to die lah
if wanna save money, Petronas can just buy Sapura punya free gas field at auction price mah, leaving Sapura to die lah

why so stingy lah, its not you punya money mah, Malaysia bankrupt is good loh.
If Malaysia bankrupt can buy Agung Palace mah.

Be generous lah, its all fake money, just give Sapura RM25 Billion all kowtim loh.

This way Sapura punya all loss making contracts will also subsidise Middle East Countries mah

nothing wrong to give Free Money to Sapura, no worries, just print more money ok lah.

Yup the Snake always appear at bankrupt counters like Sapura and Sumatec and many others bankrupt counters.

once Snake appears in Top Glove, con_firmed Top Glove is bankrupt
and loss making
and Penang Bridge visit counter.
My forecast of Top Glove bankrupt is very very easy, The Snake is here.

when Snake first appeared in Sumatec, Sumatec was making profits, now bankrupt.
when Snake first appeared in Sapura, Sapura was making profits, now bankrupt.

:)
the Snake just confirmed it

The Snake confirmed Top Glove share price will never go below 1.50
The Snake confirmed Top Glove share price will never go below 1.40
The Snake confirmed Top Glove share price will never go below 1.30
The Snake confirmed Top Glove share price will never go below 1.20

The Snake now confirms that Top Glove losses will not be more than losses of all other glove companies combined.

its confirmed
:)

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Top Glove losses could be bigger than all the other gloves companies combined in certain QRs

Genetec looks like on the verge of collapse just like XinqGuan

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looks like very close to collapse soon just like XinqGuan

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AGREE
consolidation 100 to 1 will mean your 6 sen per share today become 0.06 per share after moving 2 decimal places

BobAxelrod

Still playing musical chairs? Why so many still think they would come out the other side unscathed and making profits? Sap would still be the same? Then the world must be upside down and Debts are nothing but blank papers.

12 minutes ago

the next drop will bring it to RM1.00 per share

no one is talking about any turnaround at all.


The Rakyat is supposed to subsidise Sapura losses for the next few million years.

goldenluck16

High interest rate will kill this heavily indebted company. No chance of turnaround at all.

7 minutes ago

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when you see Bank freeze project loans it means => Contract is loss making, and the loss is so large that Bank Engineers also company cannot kowtim

we also know that costs increased from 30% to 50% due to inflation due to oil costs and shortages bidding to ultra high pricing.

but the Rakyat is stupiiiieeed right?
Lets kowtim the stupiiiieeeed Rakyat instead of the smart Bank Engineer...

Sapura obviously cannot "kowtim" bank engineers due to massive losses from contracts.

now the tactic is to kowtim the stupeeeeiiid Rakyat to get Rakyat Free Money

previously Sime loss more than RM2 Billion to complete their Middle East oil contracts.

Sapura loss making contracts will be a bombshell given that costs had already increased more than 50%.
So if contract margin was 10% previously, a loss to completion of 30% to 40% will be normal.

means => a RM50 Billion contract will lose RM20 Billion

plus liabilities RM16 Billion, means total bill for the stupiieed Rakyat may exceed 1MDB fiasco amounts.

Bank Engineers will not simply freeze loans unless the contracts are loss making to 40% - 50% expected losses to completion.

for project financing borrowers need to prove contract is profitable before drawdown is appoved by bank punya engineer.
Bank engineers will review costing.
Guaranteed all contracts signed are loss making thats why Bank Engineers refused approval for drawdown.
Bank also want to make money right? if contract is profitable, guaranteed loan is approved.

all these comments by sinkalang are outright lies, lies and blatant more lies

total bill for the stupeeeeeeed Rakyat could come out more than RM25 Billion due to these loss making contracts.

EPF sold off Top Gove very very desperately, exactly like Serba case.

its outgoings only.

very few companies can survive a double compression X 2 for units and value.
effectively a simultaneous quadruple compression.
Odds of survival are very low.
spiral rates to death are high once the flight envelope exceeds design specs.

Companies graveyards are littered with such companies led by Permanent Head Damages people who are normally expected not to be able to cope.

companies with Permanent Head Damages are expected to fare badly coz such employees are not businessmen.

Its a recipe for disaster.

Lose money just keep quiet.
Losers who deliberately paints fraudulent and fake bright future
and encourage other people to join them in losing money together deserves no pity but the deepest levels of hell.

StartOfTheBull

People already lose so much money why no sense of sympathising but ridicule them instead? I think this is not correct.

1 minute ago

EPF is no longer a substantial shareholder

when companies goes bankrupt, EPF always dumps irrespective of share price or amount of losses, you can see the example in Serba and Top Glove

some people cannot stomach 10% losses

then cannot stomach 20% losses
then cannot stomach 30% losses
then cannot stomach 40% losses
then cannot stomach 50% losses
then cannot stomach 60% losses
then cannot stomach 70% losses
then cannot stomach 80% losses
then cannot stomach 90% losses

and then
the end is near and zero dividends arrived

the FIRST THING to learn in share gambling is a CUT LOSS system
otherwise ... ... ...
facts are facts

its inevitable like drink and drive, sure die one.

facts are facts

its inevitable like drink and drive, sure die one.

Price of 35 sen per share coming soon for the Evil Ular Empire to enjoy
plus no more dividends, sure 100% JIALAT

The Evil Ular Empire had fallen, no more renew FD.

The Evil Empire had fallen.

no worries

REPEAT
EXTRA !!!
EXTRA!!!
even though Govt bankrupt, will implement Special Sapura Tax to rescue Sapura

BUY WITH CON_FIDENCE before share price becomes RM0.005 each

no worries
even though Gobermen bankrupt no money to pay subsidy and now 100% must have GST.

I will propose to Gobermen to have special Sapura Tax where all the homeless are taxed RM10,000.00 each.
People with homes are taxed as RM100.00 each.
Cats, dogs and goldfish are exempted under this special Sapura Tax.



Posted by cicakman > 1 minute ago | Report Abuse

Ayam layhong no more subsidy.
Telor still long time festival

share price dropped to 8 sen is proof that Gobermen will sell Petronas to Sapura for RM1.00 plus RM500 Billion compensation for taking over Petronas.

share price dropped from 8 sen to 6 sen is proof that Gobermen will sell Maybank to Sapura for RM1.00 plus RM500 Billion compensation for taking over Maybank.

thanks rr88

rr88

Support broken days ago as i told u.
I repeat: 1.40 was the lowest point in 2019 before covid. A clean break below 1.40 is DEADLY as it will sink n sink until your jaw drops. My tp 0.70 the next 12 months.

4 minutes ago

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