I want some of that salty goodness... but not at this price heh. I'll come back at PE 12 - 13.... no hurry.

taking on debt to build that new RM300m factory i guess. so profit will be flat until around 2022 (bila siap), and then startup losses will come in.

RPT wor... minority shareholders forced to buy controlling shareholders assets... why leh? Biz is so great and they love minorities so much and want so share?

Dear all sifu, does anyone know, how long will the 10% Tax Incentive last under GIFT Labuan?

Shahril cut 90% salary bruh.

You want exciting, go to Lambo. Actually, just follow Unker Koon...

Isn’t Brazzer a prawn site?

*RM10m loss from PRA

Privet Newbieski. PRA results out already, should lose around RM7m from SEA Ops. Put 2 and 2 together, and you can roughly figure out this Q's results. Probably a small loss.

yeah, i like what i see. now, if only they could just shut all the other non-performing stores in ASEAN... maybe only have Parkson Beauty in Pavillion etc.

China turnaround is real, PRA still a piece of turd

PRGL results out lor

Do both children belong to you? hell yeah.

@Tim - YES. It's just a name - like first child and second (last) child for the year :)

If Indonesia is a problem, CIMB bungkur lor

Half cent times 1 gajillion is still 5 billion profit mah

Pmaster, everybody here is on the Richest in Malaysia list. Buy in gajillion one, of course can make money trading half cent.

@Kassim - yup, I have 2 words: Window. Dressing.

Bonus word: PNB

This OMV deal is based on an EV of US$1.6bn - logically, SAP would have put some of the debt there to be 50% carried by OMV

@Jermyn, I agree - SeaDrill was the one fatal mistake Shahril made. He did many right things, but this single move ruined Sapura.

That is true. Just need to be patient.

yup, i meant it only as an opportunity cost investment choice, something that you might be interested to look at

@TheContrarian - BIMB looks promising to me, after they solve their overhanging political issues. Definitely a bank with a bright future. Not sure if I can really say the same about Affin; Affin is really a Net Asset play to me, but I can't see any catalyst that will 'unlock' the value in the immediate. Barring being acquired at a stupid valuation lah.

as a shareholder of Maybank, I sure hope not ;)

Not many incremental benefits for Maybank to take in a RM4.5bn bank, they will also want to lay off staff and close branches (so, not good for the regulators); whereas, the 2nd Tier Banks might see something in Affin.

The BEA stake in Affin is surely going to be a stumbling block to any corporate exercises, like the Aabar stake in RHB.

Tun Daim has always pushed for banking consolidation - that is clearly the way forward; we have too many banks. We just need around 6 big, regionally competitive banks, well capitalised, each with their own niche, not the motley crew right now.

JN88 Go and check SAPURA HQ...... renovation....at least spending more than million ringgit........no money still renovate entire building....

- Need to change signboard to PNB Energy mah... PNBNRG coming your way soon gentlemen

huatchye - RI free ah brother?

Too bad. No wonder heads have started to roll in LTAT.

Best case scenario is if they get swallowed up by a bigger bank.

Why does a RM4.6bn company which has just retrenched staff need a new, half billion RM HQ?

RI so Raja Shahril can have more Double Spicy McDeluxe... yumyum

It's not going bust - no majors award contracts to firms which are in danger of collapse. They are most definitely not stupid. But the road for SAP back to financial health will be painful. Shahril is already looking half-dead. Not sure how he'll look like in 3-5 years. Haha.

yea, Malaysia's Noble moment, I guess.

Imho, SAPNRG will struggle to hold RM0.20 post-rights, unless they pull off a minor miracle with the ENP listing. I am sitting on a loss as well - the leverage is the killer. Hindsight is 20/20 vision, as they say.

Actually, that's a good set of results.

80 cents * 16 bn shares = RM12.8bn market cap.

Now, do you think that is possible?

If SAP had stuck to EPCIC and Energy, we would still have a good company.

The one fatal mistake by Shahril is taking over Seadrill. He did most things right, except Seadrill. But this one fall is fatal.

the only glimmer of hope is if SAPENP is done well. and some other fool (ahem PNB) wants to drill-drill together.

who wants to privatise RM16bn in debt? lol

2 words for tmr - window. dressing.

及时到豹年啊？

lol shocked to see you here Jon! I'm only here to kaypoh since I buy Cheetah shorts now and then for home wear lolol.

Boom

why is the Combined Ratio so bad? why is the Management Expenses increasing so quickly?

Does anybody know, why the Receivables have been piling up? This does not look so good to me.

Factory coming online end 2019 after some delays

I work frequently in the Middle East

Their distribution network is power - goes into every souk and local pasar malam in the Middle East

now not enough bro. Need hearts of mosquito, one toad born at midnight, and blood of virgin already.... ICU case sudah.

Wah everybody is so rich here; so this is where all the rich people go to when they get bored of their planes, cars and 6th mistress.... so honoured to be here :')