https://www.thestar.com.my/business/business-news/2018/04/28/confusion-over-intraday-short-selling/

There are 2 types of short selling in Bursa i.e RSS and IDSS

Cabut Lari

"We started effectively with the support in the participation of Sapura Energy Bhd transformation exercise, which we believe if executed well will deliver very positive results in the future," said Abdul Rahman.

http://www.theedgemarkets.com/article/core-companies-weak-ytd-stock-performance-focus-says-pnb

Sapnewbie: Not specific to anyone. At least they a bit careful in their comments

If u all think some comments are not appropriate, simply click on their name and click on Comments in their profile page to see their comments. There will be a Report abuse in each comments. Click on it and hope i3 have mechanisms to block the users.

If I m not mistaken, Shahril and Mokhzani went to see Mahathir after the election

Should apply trailing stop lost

Those who play long term should at least see weekly TA chart as a guide to exit.

1.Today is T+3, tomorrow T+4
2. Foreign fund is exiting Malaysia market

Never believe forumers. Like to do assumption without any fact. Rarely honest, mostly selfish.

Who own MV Geos vessel that catches fire of Miri this morning?

It won't move that fast because too many share floating in the market after EPF sell down. Most of the big investors here are willing to play contra or short term. It will be up and down with huge volume but trending up.

The dow dropped back because of FBI raided the Trump's lawyer office. Shouldn't affect much of local bursa as trade war fear is easing

http://www.theedgemarkets.com/article/sapura-energy-ready-test-higher-again-says-alliancedbs-research

Just remember that users with positive comments mostly those who looking for higher price to sell. Those who give negative comments are the one looking for lower price to buy. Don't influence too much on their suggestion or forecast

Assets impairment is expected. Loss within estimated range. Good news keep coming.

It's time to buy or sell?

Once stabilize, it will climb further but maybe slowly because stock liquidity is very high due to institutions keep selling lately. Most of the big traders here like to play short term trading and some play contra

Maybank IB, Buy TP 1.20
Impairment aside in 4QFY1/18, FY1/18 core net loss came in line with our estimates but below consensus. SAPE is optimistic of the sectors recovery, premised on improving tender prospects and sentiment. Its midterm target is to: (i) grow orderbook, (ii) lower debt levels and (iii) monetise its E&P assets, as it balances growth with lean financials. Our TP is SOP-based and unchanged, fully rolled over to FY20

Assets Impairment - Effects on Financial Statements and Ratios
- Past income statements are not restated. The current income statement will include an impairment loss in income before tax from continuing operations. Net income will also be lower.
- On the balance sheet, long-term assets are reduced by the impairment. A deferred-tax asset is created (if there was a deferred tax liability it is reduced). Stockholders' equity is reduced as a result of the impairment loss included in the income statement.
- Current and future fixed-asset turnover will increase (lower fixed assets).
- Since stockholders' equity will be lower, debt-to-equity will be lower.
- Debt-to-assets will be higher.
- Cash flow based ratios will remain unaffected (no cash implications).
- Future net income will be higher as there will be lower asset value, and thus a smaller depreciation expense.
- Future ROA and ROE will increase.
- Past ratios that evaluated fixed assets and depreciation policy are distorted by impairment write-downs

Those who play long term should not fear as next quarter should be much better after impairment and won several projects

http://www.theedgemarkets.com/article/overhead-resistance-sapura-energy-635-sen-says-alliancedbs-research

U all don't believe pmaster but based on my observation he really have that huge fund and can effect the market sentiment especially when he sell. He probably has a team to do the trading. This counter suitable for him because of liquidity.

https://www.thestar.com.my/business/business-news/2018/03/27/aminvest-research-retains-buy-on-sapura-energy-with-fv-of-rm1/

AmInvest TP 1.00

Malaysian market is in bearish mode. Becareful. Please take profit and cut loss if your stock broke below 200 days SMA (downtrend). If you can’t ride the fear. Come back only after election. We might not have election rally and more are fear of GE-14 announcement.

This was from a stock broker this morning

Malaysian market is in bearish mode. Becareful. Please take profit and cut loss if your stock broke below 200 days SMA (downtrend). If you can’t ride the fear. Come back only after election. We might not have election rally and more are fear of GE-14 announcement.

Just got this from the stock broker

U all don't even know pmaster is going to close trade or open trade when he buy.

My advice is do your own analysis. Don't decide based on just IB analysis. The worst is the forumer comments as some are purposely to influence other traders sentiment. Those holding will always give positive comments. Hoping others to buy and push price higher. Those who are already sold, hoping to buy at lower price.
My second advice is accept the lost and you no need to recover it in the same counter. Find better counter so that you won't stuck here forever.

You all should realize that epf is exiting sapura and invest somewhere else. This could be inline with their new strategy to invest more outside malaysia. They no need to sell to cover the dividend as you can only see the figure but can't withdraw. No profit, how to give dividend.

https://www.thestar.com.my/business/business-news/2018/02/07/sc-to-unveil-details-to-liberalise-intraday-shortselling-activity/

Remember 0.745 is the mark for support but lower will be more bearish. Luckily sold all and not joining u all catch the falling knife

https://themalaysianreserve.com/2018/01/29/mixed-views-sapura-energys-proposed-ep-listing/

It's quite easy for big gun's day traders to manipulate the price. They just create the fear factor in small investors by dumping at higher and tell them once done. Their followers will push lower to their target buying price and then told the followers that they have bought at certain price. Everyone will rushing to buy. They will help push a bit but when the their TP reached, they will dump again. This will happen over and over until the small retailers feel like dumb. Later, they will move to other counter.

OK, everyone let dump to 0.80 to match hng33 and pmaster buying price.Only then they will push up the price.

You know now why it cannot go up high because many play safe, take small profit especially those big guns.

Previously not sure yet but now it's an announcement by them officially

http://m.thesundaily.my/node/521535

Sapura Energy Bhd has confirmed that it has engaged advisors to evaluate and advise on the potential listing of the group's exploration and production (E&P) business.

cross trade - swap between two trader in the same fund manager

EPF is dumping SAPNRG but keep accumulating Armada. Watching the show only. Good luck guys

MIDF Research Upgrade to Trading Buy with an unchanged TP of RM1.01 per share.
(from research paper on 22 January)

Trading Buy = Stock price is expected to rise by >10% within 3-months after a Trading Buy rating has been assigned due to positive newsflow.

If you have multi millions to invest, you cannot handle by yourself. You need a group of people with multiple trading accounts to do the trading and work as a team toward specific goal.
No need to know who is pmaster but when he/she sell, the price will drop a bit and sometimes effect the market sentiment. This is because the volume sent is not in hundred of lots but in thousands.

http://www.midf.com.my/images/Downloads/Research/Equity/SapuraEnergy/SEB-Possible-Energy-segment-spinoff-MIDF-220118.pdf

http://www.seatrade-maritime.com/news/asia/sapura-energy-seen-listing-e-p-arm.html

Why people keep telling you when they bought, when they sold, price direction, etc? They are trying to manipulate your mind.

When the price increase, said trying to help politicians that trapped at higher price. Now said trying to weaken opposition. When price goes against us then trying to make assumption. Why not say EPF is exiting lost making company and invest in more potential counter.

Better not to read comments from forum that might influence your decision to trade. Some comments purposely to influence you all to buy because they trapped at the higher price or to sell so that they can buy lower.

When you have millions in hand, you can control the price movement. Most probably you manage investors fund and work with investment company.

Today T+3 for those who bought between 0.91-1.05 on Tuesday and still keep it. Some may pickup, cut loss or wait for Monday force sell.

Watching the show only. May join if drop below 85 or increase above 92

Try mouseover their name

nekosan=Allen, traderman=dannychan