Posted by Dav Yau > 3 weeks ago | Report Abuse

Where are all the Sifu....

Posted by Mabel > 3 weeks ago | Report Abuse

All Sifu continue to goyang kaki...hihihi...

Posted by Mabel > 3 weeks ago | Report Abuse

#HaiLiDeYu dye black maybe a good idea. btw... why suddenly so noisy here. sapura become hot stock again? so when 1 sen or 10 sen will come?

22/10/2024 10:14 AM

We needs more good news like what happen to PN17 Capital A which will be out of PN 17 by the end of this year. Capital A has been climbing..

Let see if Santa is cuming to town at the end of this year.

Yesterday, Bursa Malaysia’s FBM KLCI closed at 1,645.99 points, a 0.28% increased. Market Outlook: Bursa Malaysia is expected to rise, with the FBM KLCI index potentially surpassing 1,780 points by the end of the year.

The Malaysian ringgit is expected to strengthen against the US dollar, potentially reaching RM4.10 to RM4.20 by the end of 2024.

Reaching 1700 by the end of the year is possible, provided there are no further negative developments. The ongoing conflict in the Middle East has been accounted for, unless a third World War breaks out. The next two weeks will be highly volatile due to the US Presidential Election. Harris is more predictable, whereas Donald Trump is less so.

Looking ahead, the market could rise to 1900 by 2028. This is not due to Madani, but because we are part of ASEAN, which includes economic powerhouses like China and India. These two giants are highly competitive. For instance, China can build anything at a low cost. As their domestic market becomes saturated, they are expanding beyond their borders. ASEAN stands to be the biggest beneficiary of this shift..

Now you know why Our Magician TF are also interested in China and India..

Meow Meow Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

19 minutes ago | Report Abuse

97.5 sen + 2.5 sen (2.63%)

Good Closing...

Stock: [CAPITALA]: CAPITAL A BERHAD

11 hours ago | Report Abuse

Aviation & Gaming Sector: With a RM550 million allocation to promote Visit Malaysia Year 2026, this sector is set to benefit from the largest tourism budget in history. Maybank analysts believe that aviation and gaming stocks will gain which is expected to be a significant beneficiary as 100% of its passengers are international travelers.

Posted by Mabel > 3 weeks ago | Report Abuse

#HaiLiDeYu dye black maybe a good idea. btw... why suddenly so noisy here. sapura become hot stock again? so when 1 sen or 10 sen will come?

22/10/2024 10:14 AM

Here's why PN 17 Capital A is so hot. They have a good turnaround story ...

Let's hope our Hardworking Anuar can be as good as our Magician Tony..

To Our Success !

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

27 minutes ago | Report Abuse

Sslee Hahahaha,
I just try to be funny.
Did I foget to mention Stony wants to grow teleport to be as big as DHL + FedEx combine?
18/10/2024 11:50 PM

Haha my Handsome sslee

You are on the right gate despite selling your Capital A and AAX Shares...

The proposed disposal of AirAsia Bhd and AirAsia Aviation Group Ltd to AirAsia X (AAX) for RM6.68 billion is a significant move for Capital A. Here are some potential impacts:

Financial Impact

Pro Forma Gain: The transaction is expected to result in a pro forma gain of over RM18 billion, primarily due to the transfer of accumulated losses in the aviation business.

Positive Net Assets: This gain will likely turn Capital A’s net assets positive, enabling it to exit the PN17 status.

Shareholder Benefits

Share Distribution: Capital A shareholders will receive 400 shares of AAX for every 1,000 shares of Capital A, potentially increasing their investment value.

Dividend Resumption: With improved financial health, Capital A might resume dividend payments, benefiting its shareholders.

Growth Prospects

Asia Digital Engineering (ADE): Tony Fernandes plans to grow ADE and list it, which could unlock further value for investors.

US Listing: Listing Capital A International in the US could enhance its global presence and attract more investors.

MOVE: The digital and logistics arm, MOVE, has significant growth potential and could have a substantial impact on the company’s future.

Teleport’s Growth Potential : Teleport, the logistics arm of Capital A, has shown promising growth. Its focus on expanding logistics solutions across ASEAN with enhanced cargo operations and cross-border services positions it well for substantial growth.

Overall, these strategic moves indicate a robust plan for Capital A’s transformation and growth, potentially offering substantial returns for its investors and of course to Malaysia!

To Our Success !

Meow Meow Meow

Posted by TalkNumberOne > 3 weeks ago | Report Abuse

Mabel, the emotional damage old uncle RIP before sapura shows whether it’s going to RIP or Rise like phoenix. So sad 😂😂😂

Posted by Dav Yau > 3 weeks ago | Report Abuse

This coming January or February we will be laughing to the Bank......lol

Posted by TalkNumberOne > 3 weeks ago | Report Abuse

Or maybe emotional damage old uncle laughing at you in the forum. 😂😂😂

Posted by Mabel > 3 weeks ago | Report Abuse

Cheers everyone..

One day it will cum to Sapnrg too...

Beside Gamuda, Mabel Airlines rocket to the skies just like the Eagle

Capital A, the Magical Flight,
In the Year of the Dragon, it takes its might.
Wings of success, soaring high,
Through the clouds, it touches the sky.

Majestic journeys, tales untold,
With every flight, new stories unfold.
Dragon’s fire, a symbol of power,
Capital A rises, hour by hour.

In the skies, it finds its place,
A journey of triumph, a winning race.
With the Dragon’s spirit, bold and true,
Capital A, success in view.

Stock: [CAPITALA]: CAPITAL A BERHAD

37 minutes ago | Report Abuse

Meow Meow Meow

RM 1 touches today..

Life is sooooo beautiful..

Posted by TalkNumberOne > 3 weeks ago | Report Abuse

Mabel careful that old uncle lurking around waiting to chew on sapnrg 😂😂😂 he may be emotional damage and old. But this is his only way to feel relevant

Posted by Mabel > 3 weeks ago | Report Abuse

hihihi...

Posted by koyokui > 2 weeks ago | Report Abuse

Oil up. Buy sapnrg

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

Wow I am impressed, emotional damage old uncle gone missing for few days

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

Either emotional damage uncle, RIP physically or his portfolio RIP entirely. Sad sad 😭😭😭

Posted by KingSingh > 2 weeks ago | Report Abuse

Buy

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

Buy or bye? 😂😂😂

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

So boring now, without emotional damage uncle. No one to make fun with. 🤣🤣🤣

Posted by chopstick > 2 weeks ago | Report Abuse

https://www.perthnow.com.au/news/world/israel-launches-strikes-on-iran-capital-tehran-and-city-of-karaj-asd-tensions-boil-over-c-16527208

Posted by Dav Yau > 2 weeks ago | Report Abuse

Where is everybody..????

Posted by Dav Yau > 2 weeks ago | Report Abuse

Lonely...i am Lonely...Mr. Lonely

Posted by Dav Yau > 2 weeks ago | Report Abuse

Is it good or no good

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

Shit no good, emotional damage uncle no make noise. I am very worried now. Worst than newbie also not asking people to sell. Hmmm 😂😂😂 that must be some insight

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

Wow it’s a week already. I have to salute this emotional damage uncle. Although nothing to be proud of, this is what a normal person will do, even newbie can do better than this. But still it’s an achievement for this emo uncle 😂😂😂 now you finally qualify to look at market.

Posted by HaiLiDeYu > 2 weeks ago | Report Abuse

TalkNumberOne maybe it's time for you to call a bet with the uncle? who win stays and the other one gone forever....
I remembered it was so noisy and happening here last year (?) when someone bet that sapura will hit 0.07....

Posted by thetruthstory > 2 weeks ago | Report Abuse

anyone can share the egm matters in nov?

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

That guy went missing lo. He didn’t realise he is exactly like the emotional damage uncle on the other end. One call 0.01 one call 0.07 what’s the difference both also equally lost

Posted by Dav Yau > 2 weeks ago | Report Abuse

I have a good solution for both of you....one of you will talk until the cow comes home and the other one will talk until like there is no tomorrow....We in the middle will watch the Wayang Kulit and see which one is the Best....

Posted by TalkNumberOne > 2 weeks ago | Report Abuse

lol 😂 I only talk until cow comes home when emotional damage uncle talk no tomorrow. Now that he is quiet hiding already. Too boring to come here

Posted by Dav Yau > 1 week ago | Report Abuse

HELLOOOOO....
THE SHOW MUST GO ON.....

Posted by intansri > 1 week ago | Report Abuse

After receiving approval from AGM if PNB agrees, we hope a positive outcome for the shareholders

Posted by TalkNumberOne > 1 week ago | Report Abuse

Haha 😂😂😂 sounds like a done deal. PNB also on the board yo. Only question is the script is ready to execute? This is the first step?

Posted by Mabel > 1 week ago | Report Abuse

While PN 17 Capital A is cruising across the skies, PN 17 Sapura Energy Bhd says it has been “advancing its plan” to regularize its financial position since being classified as a Practice Note 17 company and given time extension to come up with the plan.

The financially troubled company has been given a six-month extension, up to Nov 30, 2024, from Bursa Malaysia to submit its regularisation plan. It said its status update is part of the listing requirements of the Main Market of Bursa Malaysia.

For its first quarter ended April 30, 2024, Sapura Energy’s net profit dropped to RM82.13mil from RM146.09mil in the previous corresponding period, while revenue rose to RM1.18bil from RM951.73mil a year earlier

So, Sapura Energy Berhad (SAPNRG) is holding an Extraordinary General Meeting (EGM) on November 14, 2024. The main agenda is to consider and approve the proposed disposal by Sapura Upstream Assets Sdn Bhd (SUA), a wholly-owned subsidiary of SEB, of its entire 50% equity interest in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS. The total disposal consideration is USD 705.3 million (approximately RM 3,022.3 million), which includes a cash consideration of USD 530.3 million and the release of ordinary shares in SapuraOMV pledged by SUA to OMV Exploration & Production GmbH.

The proposed sale of SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS is a significant step in Sapura Energy Berhad's (SAPNRG) financial regularisation plan. This sale, valued at approximately RM 3,022.3 million, will provide much-needed liquidity to the company, helping it address its financial challenges and improve its balance sheet.

By securing this substantial cash inflow, SAPNRG can better position itself to meet its financial obligations and continue its operations more sustainably. This move is crucial for the company's efforts to regularize its financial position and comply with Bursa Malaysia's requirements for Practice Note 17 (PN17) companies.

To Our Success!

Meow

Posted by TwilightWanderer > 1 week ago | Report Abuse

Meanwhile, while PN 17 Capital A is soaring, PN 17 Sapura Energy is working on its plan to regularize its finances. They’ve got until Nov 30, 2024, to submit their regularization plan after being given a six-month extension.

Posted by Dav Yau > 1 week ago | Report Abuse

@ TwilightWanderer....who got until Nov 30 2024 to submit their regularization plan...

Posted by SinGor > 1 week ago | Report Abuse

After 14 Nov EGM, I heard from whisper that SAP will ask Bursa for permission to Exit PN17----details on
how to settle 10bil Loan will be released by " PNB "---Why? bcos all Debts actually belong PNB ---
If you look at how ridiculous AA (Tony) Can SELL 10bil Debt to AAX, you know what will happen-----Malaysia Boleh

Posted by TalkNumberOne > 1 week ago | Report Abuse

Singor nice hearing from you again. Hope for the best

Posted by nisah395 > 1 week ago | Report Abuse

Is it possible to exit PN17?

Posted by TalkNumberOne > 1 week ago | Report Abuse

I am worried. Emotional damage uncle gone missing. 😂😂😂😂 I hope he didn’t sell underwear sailang into sapnrg. Wouldn’t want to be in the same boy with someone worst than newbie

Posted by Nikmon > 6 days ago | Report Abuse

After sale of SAPOWV by Q125, money received must pay to creditor base on PRS, so PRS need approval creditor, before Court convent, it needs shareholder approval on the PRS, before that it needs Busar approval the plan which contain the PRS....busy busy month ahead

Posted by SinGor > 4 days ago | Report Abuse

Bankers get the bulk of the Sales proceed ( bcos this the agreement with CORPORATE DEBT RESTRUCTURING COMMITTEE ) Local small creditors ( suppliers and contractors get "Nothing yet " ) Gov has received a request
to extend one billion loan in budget 2025 to pay small Boys

Posted by Nikmon > 3 days ago | Report Abuse

Other creditor particular non local suppliers may may raise this to court if local suppliers received payment out from the PRS scheme

Posted by TalkNumberOne > 3 days ago | Report Abuse

Gentlemen, let’s wait for the story to unveil it self over the next few weeks

Posted by TalkNumberOne > 3 days ago | Report Abuse

Another week start without emotional damage uncle. Is this a good sign or a bad sign? 😂😂😂 answer is no sign, worst than newbie uncle wont be able to give much info except noise

Posted by Dav Yau > 3 days ago | Report Abuse

Do not worry, when the time comes they will know what to do. Plenty of time to see their Mission Impossible. Sapura has until March 2025. Just sit tight and collect your MONEY when February or March comes.....

Posted by TalkNumberOne > 1 day ago | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=152622&name=EA_GA_ATTACHMENTS

Posted by TalkNumberOne > 1 day ago | Report Abuse

lai Liao lai Liao, big or small going to open soon

Posted by Nikmon > 1 day ago | Report Abuse

MCF is pushing the deal as soon as possible, they will enforce collect the 3 billion if the PRS fail to get approval within the agreed time frame....

Posted by Mabel > 1 day ago | Report Abuse

KUALA LUMPUR (Nov 12): Sapura Energy Bhd (KL:SAPNRG) said on Tuesday it has accepted the terms and conditions set forth by its multi-currency financing (MCF) creditors for the proposed disposal of its 50% stake in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS for US$705.3 million (RM3.37 billion).

Among the conditions is that net proceeds from the disposal will be held in a segregated account held by Sapura Energy’s wholly owned subsidiary Sapura Upstream Assets Sdn Bhd (SUA) at either Malayan Banking Bhd (KL:MAYBANK) or Maybank Islamic Bank Bhd, according to Sapura Energy’s bourse filing on Tuesday.

SUA will then create a first ranking fixed charge or priority claim over the net sale proceeds and the segregated account in favour of Maybank Investment Bank as the security agent for the MCF creditors. The charge will remain in place until the restructuring process is finalised, with the funds designated to pay down Sapura Energy’s debt as part of its ongoing debt restructuring plan.

The group had filed applications to the High Court to seek validation of the disposal and the creation of the security arrangements.

On Nov 4, the court granted Sapura Energy the necessary approvals and ruled that the creation of the security arrangement was valid and beneficial to its overall creditors, even though it can be considered a preference for the MCF financiers. The court also confirmed that the proposed disposal did not require court approval to proceed.

The company also affirmed that the net sale proceeds from the proposed disposal would be used solely for reducing Sapura Energy’s liabilities, even if the planned debt restructuring scheme is not approved or sanctioned by the court.

Back in April, Sapura Energy said SUA had entered into a conditional sale and purchase agreement to divest its 50% equity interest in SapuraOMV to TotalEnergies for US$530.3 million (RM2.53 billion) cash and US$175 million relief on debt obligations.

The proposed divestment would result in a net gain on disposal of about RM793 million upon completion, Sapura Energy said then.

Sapura Energy bought SapuraOMV for US$898 million back in 2014 from Newfield Exploration Co, before selling half its stake to OMV AG in 2018 for up to US$975 million.

Posted by Mabel > 1 hour ago | Report Abuse

Today is a big day for Sapnrg where we have to approve the sales of our National Asset which is worth RM 110 Billion..

Posted by TalkNumberOne > 1 hour ago | Report Abuse

Good morning Mabel. Where is uncle emotional damage? He followed you some where else and don’t know his way back? 😂😂😂

Posted by SinGor > 20 minutes ago | Report Abuse

There nothing "said" SAP will pay off 10bil Loan Except to Deposit total proceed in MayBank----So in SAP
books, 3.37Billion SapOmv money is recorded as Cash ( plus current cash balance--SAP have about 4.5Bil )
Plus other Asset fair Value---SAP should have 6.6--7.0Bil Asset Vs 10bil Loan----Can Call Bursa to consider
Exit Pn17 ( 17bil losses --- are mostly from impairment losses during Covid )
Anybody inject 1.0 bil Cash will be very helpful to exit Pn17