@Mabel... You definitely have tons of (Sapura) energy in you... entertaining them. I must adopt your breakfast regime of fresh juice & omelette. It's power-packed indeed. Cheers

@RWG...Pharmaniaga is over-geared. See its Losses & Short-term financial obligations against its capital. Not forgetting it is also starring at another 1.16 millions of its vaccine expiring soon. Pharmaniaga too faces constraints to further borrowings due to BNM's rules. I would say the ultimate shareholder LTAT too hate rights issue.

@understand... Go Buy Pharmaniaga & then tell us your experience. It would be good to pick your experience. Learning experience for us all

The 10 years concession extension is the only superficial lifeline they have to show currently. The hard truth is the company needs strong financial muscles to remain a going-concern entity. Is a Rights Issue, loan stock or bonds in the pipeline? Getting the extension will see the long journey to recovery. Price-wise is anyone's guess.

@Mabel... Way to go. Still full of (Sapura) energy. Cheers

@DatoKembara...Thanks for the info. However, be mindful how it is presented. It can be unpleasant situation if your friend is considered disseminating 'insiders information'. Cheers

Yes, I too believe its a gone case. I am sorry to say this. Come next month when the suppliers received partial payment or none, it's operations will start to crumble. I doubt they have reasonable fund for its working capital. I hope I am proven wrong.

The post by gbt_9428 is either a Fake news or a Draft copy of the rationalisation scheme. Don't buy into it as it is inconclusive.

It's merely an investment decision. No bailout. It's for the Investment Committee to decide if it is time to reinstate Sapura Energy into it's portfolio. Meaningful & honourable way is through the Rights... my take, of course

Back in 2018 EPF exited Sapura, leaving the rescue to PNB. After the 30 sen Rights, PNB average holding costs was 80 sen. It was PNB's disastrous rescue. Today, Sapura is 3.5 sen & I am buying. PNB should invite EPF back & I hope EPF will have a change of heart.

Bob, you have just said buying at this level 3.5 - 4.0 sen is a Good Buy (Not Bye) despite the impending share consolidation. Right Issue will follow. To make the Rights attractive, the underwriters will have to push the price up North. What are you waiting for?

My take, I classify both of them as professional Crooks. They rip the company dry. I have no respect for them

Whoever supporting this counter is not using it's own money. At this level 30 sen I stay away...

Yes, April Fools to the non-believers. Sapura's debt is a discounted news. In a trade the debt weight is not an issue. Furthermore Sapura's bad days are almost coming to an end. Cheers

Let's enjoy the run on PN17 counters... Barakah being one. No companies will be de-listed the next 12 months. We have Covid-19 to thank for. Cheers

@investortrader88... Joining you in your Huat cry...

@Mabel... Good that you are back. Its always a pleasure reading your post. Cheers

@Happy3933... Yes, it was worth the wait though it is definitely a long & tiring wait. Don't forget to realise your dream... Cheers

@Newbiesky...I would say Yes. Cheers

@Happy3933... Pretty long wait, isn't it? The dream came at last... Cheers

@edwardkuah & @Vjaa3964...I agree with you guys. Barakah is holding well. Let us all together enjoy the sweetness of the harvest. Cheers

@Happy3933... another season of Black Thorn. Hopefully the taste will be much sweeter. Good for you. Cheers

My take for the sell-off... T+2 effect.

@investortrader88... Your motivation too never vain. Good for you. Its good to read your post on @Happy3933. Cheers

@Happy3933... It definitely have been a rather long wait, my silence too. Good to be back. Cheers

@Macho008...@Happy3933 is a great guy in this forum. We go back many months ago. The talk about owning such cars are just motivational amongst ourselves. Barakah has been asleep for quite a while. We were all caught in this counter. It never crossed @Happy3933's mind to look down on anybody as opposed to what was interpreted. Cheers

@Fabien...the so-called Efficient Capital Allocater are only found text books. You live in a world full of theories. In that respect, our measure of a great companies differs greatly from yours. You are here merely to sell your product... Try elsewhere. Maybe you have better luck

@scwmike8... Ha ha... a real Jinjang Joe.

If my memory is right, it's Feb 6... Cheers

@scwmike8... You probably have not heard of the places I am travelling through except London. Nobody will blame you for that. I, for one will not blame you. Pity you...

@scwmike8... I was in London last week. I am now in York. Tomorrow I travel to Edinburgh. In a few days time, I will be in Bath. I am here for the CNY holiday... It's a wonderful holiday. Thank you for asking. Cheers

Gong Xi Fa Cai to all... & enjoy your Réunion dinner with your loved one. Cheers

So many de-listing CLOWNS around...

@RICH MAN... You are the best. Cleared all your holdings except 2 lots...

@Happy3933... Ha ha... that's a good analogy. Cheers & I believe you are busy preparing to Welcome the Rat...

@Chongen Teng... With Perisai now de-listed, there will no longer be public announcements. You can still attend the AGM. However, never discount the possibility of winding-up lawsuits in the next 6 months... It's an uphill challenge to stay afloat.

@Jmz88... No need May 2020. I am hoping Petronas Carigali due to their arrogance, ignore the notice. In less than 21 days from today, we can then celebrate... not in price hike but the satisfaction in bringing Petronas Carigali to its knees... Cheers

@fastranger... It's over. Re-listing... never dream of it. Bursa has given Perisai its last & final nail. O&G companies without its listed status, is most impossible to survive... Cheers

At last, Perisai is de-listed... a victim of 2014 world crude oil crash. To me, its an investment gone bad. I have no regret buying into Perisai. It is good that this I3 forum will also be closed down soon. This forum in particular, is filled with so much negativity.

@Jmz88... Averaging downwards is tough job. Only the strong survives... you being one of them. Cheers

@Jmz88...I would go for the extreme... Wind Petronas Carigali up if they don't lift the suspension. Barakah must humiliate the Big Bully... Teach Petronas to adopt humility in its business dealings. Cheers

@Happy3933... I will find it a joy seeing Petronas kneeling for mercy before Barakah. Petronas have practically crippled the entire prospects of Barakah... untold damages in fact. Barakah have nothing left to lose by initiating a winding-up proceedings against Petronas Carigali... Burn the bridge if need be.

@Happy3933... Bravo... It's Dignity in fighting the bullies at Petronas. Petronas ought to be taught a lesson...

@W0099... Ha ha... That's a good one. The egg is like a ruthless pirates. They will fight till their last blood drops... Fight Barakah must... Cheers

Amount for full settlement is small... Only RM118k but the implications against Petronas Carigali is damaging. Petronas, now have no choice but to negotiate with Barakah. They can no longer ignore Barakah. Very skilled strategy by Barakah.

Silent Mary is definitely a battleship. It is giving Petronas Carigali 21 days notice to fully settle its payment. Failure to do so, Silent Mary is going to WIND-UP PETRONAS CARIGALI... This is interesting...

@W0099... You have so much love for the share market. Always remember that it can be a very scary place too. It is good that you are ambitious at this tender age... Cheers

Hoist the Colours....

@W0099... Ha ha... Ask Captain Mabel. Cheers

@W0099... Apart of strong mental, you need to be as strong as a pirate. Your sis Mabel is now the Captain of Silent Mary... a pirates battleship.