SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.03

Today's Change

-0.005 (14.29%)

Day's Change

0.03 - 0.035

Trading Volume

3,113,500


80 people like this.

147,538 comment(s). Last comment by Mabel 1 hour ago

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-30 16:59 | Report Abuse

You are IGNORED again.......button on.

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:00 | Report Abuse

Lol you pretend to ignore but you read every message hahahha. That’s not a joke?

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:00 | Report Abuse

Hahhahha ran again with your ego big balls between your leg?

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:01 | Report Abuse

Better when you ignore I kept on typing and you will feel like pangsai cannot come out for 10 years. Hahaha holding it holding it but cannot respond

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:02 | Report Abuse

Aiyo sorry la, you can use another ID to respond please. I will be so bored without free entertainment

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:03 | Report Abuse

So betul betul ignored? Okay this place will be quiet place then.

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:04 | Report Abuse

Meow meow where are you? Becareful now old man don’t want to keep himself busy in forum. He must be physically stealing your panties

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 17:05 | Report Abuse

Catched a lot of fishes today. What a good day. You see only rubbish because your kepala otak full of rubbish, I see gems inside it.

OKU_2020

4,860 posts

Posted by OKU_2020 > 2023-03-30 17:08 | Report Abuse

No wonder...that's why very heavy unloading
BLOOOODY Quarter Loss

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 17:08 | Report Abuse

Old mad dog rewarded with used panties today, enough for this old mad dog enjoy and happy for a couple of weeks.

cicakman

7,757 posts

Posted by cicakman > 2023-03-30 17:09 | Report Abuse

Buy 4 cts , sell 3.5 cts
Buy 3.5 cts, sell 3 cts
Buy 3 cts, then pi pajak gadai jual underwear.

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-03-30 17:20 | Report Abuse

Haha Bon no need to teach this old man how to make money. Like his word he is beyond repair hot soup RIP

OKU_2020

4,860 posts

Posted by OKU_2020 > 2023-03-30 17:23 | Report Abuse

Last quarter GREEN $
this new reported quarter >> BLOOOODY RED
that's why they edi smell a RAT & CHOWWWWW....

SinGor

4,920 posts

Posted by SinGor > 2023-03-30 18:21 | Report Abuse

started buying at 3.5 sens bcos MIDF was hired to advise on Regularisation plan. If no solid plan why hired
MIDF. SAP pays for advise ( not Free ). I think this last impairment Loss really push Bankers to the Edge of 14
Floors window ( take the Hair-Cut or nothing left )

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 18:46 | Report Abuse

Haha So Nice ...what a pleasant surprise..happy to see all Mabel's queue is matched today..

Really grateful to all the Uncles and Aunties who has worked tireless 24x7 over the last one month to press the price down.

Mabel soooooooooo apy to collect another batch of 3.5 sen.

Please continue tomorrow ya..Mabel will be waiting at 3 sen...

As usual Mabel will continue to Goyang Kaki waiting for another catch tomorrow. With this latest catch Mabel's holding cost will be lower than 4 sen...So Nice..

Sapura Energy said it had retained its competitiveness as a global player amid these challenges with more than 70% of its FY2023 revenue coming from international contracts, as it completed 45 projects for various clients during the year.

“The group continued to win new work, which amounted to about RM3.7 billion in value, bringing its current order book to RM5.6 billion. In addition, the non-consolidated gross order book of the group’s joint-venture entities stands at RM5.2 billion.

“All 11 of its rigs are currently under contract in Malaysia, Thailand, Brunei and West Africa,” it noted.

Elaborating on its narrowed net loss for FY2023, the group said it included RM2.6 billion in impairment charges, of which nearly RM1.5 billion is related to goodwill on consolidation while profitability was also impacted by higher foreign exchange losses in 4Q, as the ringgit strengthened against the US dollar.

Meow

izoklse

5,272 posts

Posted by izoklse > 2023-03-30 19:00 | Report Abuse

Good Job Sapula. Now regulation plan.

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 19:03 | Report Abuse

TalkNumberOne Meow meow where are you? Becareful now old man don’t want to keep himself busy in forum. He must be physically stealing your panties
30/03/2023 5:04 PM

Haha T#1

Mabel has been busy with my Handsome Boyfriends in Hong Kong. Mabel's Kung fu Fighters Alibaba, Tencent and Meituan are doing great.

Earlier Mabel started locking profits with Tencent. Today Mabel also started locking profits for Alibaba, Meituan and ICBC...

Life is so beautiful...

Here the background story

Alibaba's US-listed shares rose +14% the night before while the Alibaba's HK-listed shares opened up close to +15% this morning. Earlier this week, it was reported that Alibaba's co-founder Jack Ma was spotted back in China after more than a year abroad.

The split is the biggest overhaul of China's e-commerce leader since its inception more than two decades ago and could draw support from the China government regulators who have been concerned about the monopolistic nature of the tech giants.

Other Chinese tech companies also rose across the board at market open with top gainers including Tencent around 5% and Meituan around 4%.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-30 19:03 | Report Abuse

Sin Kar Lan thinks a PN17 PLC doesn't need to engage Lawyers to attend Court nor Financial Advisors to "sketch and draw" some make believe Regularisation Plans???

Means they just hire some Form 5 students to do the job??




Posted by SinGor > 39 minutes ago | Report Abuse

started buying at 3.5 sens bcos MIDF was hired to advise on Regularisation plan. If no solid plan why hired
MIDF. SAP pays for advise ( not Free ). I think this last impairment Loss really push Bankers to the Edge of 14
Floors window ( take the Hair-Cut or nothing left )

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 19:14 | Report Abuse

drkelvin20 Why SAPURA so naive to bid project at loss? we all now why,....which bank want to lend money? now government changed , do you think Annuar want to bail out this money sucker?
30/03/2023 7:04 PM

This was done during Shahril's time. The New CEO is smarter and more handsome than Old Man Shahril. The New CEO has stopped taking in loss contract and has started to renegotiate the old contracts..

Understand

1,034 posts

Posted by Understand > 2023-03-30 19:21 | Report Abuse

Collect collect..

OKU_2020

4,860 posts

Posted by OKU_2020 > 2023-03-30 19:27 | Report Abuse

218 SAPNRG SAPURA ENERGY BERHAD
Quarterly rpt on consolidated results for the financial period ended 31/01/2023
Quarter: 4th Quarter
Financial Year End: 31/01/2023
Report Status: Unaudited
Submitted By:
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

30/03/2023 01:23 PM
---------
QR out 1:23 PM before noon market opening during lunch time
BLOOODY LOSS >> NO Wonder they RUNNNNNNNNN for their life during afternoon session

Posted by bigBOSSguy > 2023-03-30 19:40 | Report Abuse

Sold this stocks already…few years zero dividend…price from more than 10 cents drop to evem below 1 cent!!!! Hahhahahahaha…cant believe still got people invest in this sinking ship

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 19:44 | Report Abuse

All rubbish from shahril time flushed out in FY 2023 with additional 2.6b impairment provision this quarter.

Today is a beginning of the new chapter for the company and the new CEO.

My average cost lower down below 0.4 with paper lost 7.8%. Strong buy queue captured all ikan bilis.

SinGor

4,920 posts

Posted by SinGor > 2023-03-30 20:03 | Report Abuse

Sell SapuraOMV is first thing first .....this Qr loss over 300mil ( I thought last Qr 70mil loss is One Time only )
I think within 30days, a Draft copy of Reqularisation Plan should be submitted to Major Bankers ( monthly PN17
announcement )

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 20:12 | Report Abuse

Cheers Bon888!

OKU_2020

4,860 posts

Posted by OKU_2020 > 2023-03-30 20:22 | Report Abuse

sinking ship liao

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 20:23 | Report Abuse

Sapura Energy narrows net loss to RM3.3bil in 4Q | https://www.klsescreener.com/v2/news/view/1133761

The analyst wrote this positive title. Is like telling people worst is over :D.

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 20:36 | Report Abuse

For the full year, the group posted an operating profit of RM705mil, a quadruple increase compared to the operating loss of RM2.2bil recorded in FY22.

The operating profit has improved 400% VS last year.

Congratulations Sapura new management!

izoklse

5,272 posts

Posted by izoklse > 2023-03-30 20:56 | Report Abuse

Amazing result. Good Job Sapula. Dancing in the moon now. lalal alala lalal.

gbt_9428

156 posts

Posted by gbt_9428 > 2023-03-30 21:10 | Report Abuse

Shit liao lao sai liao this sapura
NTA become -0.18 !!!!!!
last year + this year's impairment -8 billion!!!!
Provision for impairment on goodwill on consolidation (3,289,934) + (1,463,671)
Provision for impairment on plant and equipment (2,103,787) + (1,156,501)
gone gone case tutup kedai NTA-0.18

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 21:37 | Report Abuse

Bon888 For the full year, the group posted an operating profit of RM705mil, a quadruple increase compared to the operating loss of RM2.2bil recorded in FY22.

The operating profit has improved 400% VS last year.

Congratulations Sapura new management!
30/03/2023 8:36 PM

izoklse Amazing result. Good Job Sapula. Dancing in the moon now. lalal alala lalal.
30/03/2023 8:56 PM

Haha Mabel Lady Sapura is getting sooo beautiful every Single Quarters and the Handsome White Knight is cumming soon..

Today is really Double Whammy for Mabel - Sapura Fantastic Result and a repeat beautiful catch at 3.5 sen

Looking forward to collect at 3 sen and 2.5 sen tomorrow. Please continue to sell to Mabel Ya...

Love you Uncles and Aunties. Please continue wearing Superman and Batman panties. Just make sure you save some for us sweet innocent gals next door..

Meow

Mabel, the Sweet Gal Next Door

qqq668

262 posts

Posted by qqq668 > 2023-03-30 21:38 | Report Abuse

It is getting clear n final, the management decided to dispose it's upstream arm SapuraOMV, it's most valuable asset. The current scenario where oil price is high compare to 2019, is good strategy to dispose to pare debt. Even Austria OMV has the same thought. Pttep n others will be willing to buy over this oil wells. This 50% stake of sapuraOMV shld fetch significantly higher price compared to 2019 ( 3.8 B ).

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 21:45 | Report Abuse

Indeed qqq668!

Triple whammy!

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 21:48 | Report Abuse

As long as Shahril and his band of yes-man BOD are purged out, there is hope for Sapura to get back on the right track. Loss making legacy projects and mega debts are some of the incredible mess left behind by the previous senior management. The new CEO is certainly well aware of the issues, the monumental tasks ahead and is prepared to do what is necessary.

To Our Success

Meow Meow Meow

qqq668

262 posts

Posted by qqq668 > 2023-03-30 21:50 | Report Abuse

When more n more people surface to talk negatively about Sapura Energy, and the price is stagnant, meaning some one is buying big time in the past few days. Only small numbers of traders taking position to trade on the financial result. The big timer are taking opportunity to accumulate this shares. They depress the share price fr 4.5 cent to 3.5 cent. Knowing very well the share price already at bottom. The current upcycle of oil n gas business where upstream activity is robust, paving well for Sapura energy who has 11 drilling asset to deploy and are fully chartered. Outlook is bright for the next 2 yrs. The bankers taking hair cut, suppliers n contractors will be paid in staggered. Consolidate the paid up capital, issue new bonds. And shareholders will have new lease of life. Tmrw will be a big day, hope for the best !

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-30 22:00 | Report Abuse

FACTS and FIGURES don't lie, humans does.....

What is the size of their Debts and what kind of Debts structure papers can pay off the Bankers/Creditors?
Selling Assets to repay and reduce Total Debts by how much? The Core Assets sold is just like chopping off your kuku, after which you still can be a papa???

Wake up!


QUOTE :
Further to the First Announcement and the quarterly report of the Company announced on 30 March 2023, we wish to announce that the Company triggered an additional prescribed criterion under Paragraph 2.1 (a) of PN17 of the Listing Requirements, today. This is due to the fact that based on the figures set out in the unaudited quarterly report on consolidated results for the fourth quarter ended 31 January 2023, the Company’s shareholders’ equity on a consolidated basis is now less than 25% of its share capital, and such shareholders’ equity is less than RM40.0 million.

https://klse.i3investor.com/web/announcement/detail/1764515

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 22:02 | Report Abuse

Yes only a few Brave hearts are taking position to trade on the financial results ...all thanks to our amazing, loyal and dedicated teams of Superman and Batman who loves wearing panties..

It's has been another beautiful and productive day. Looking forward for more tomorrow.

Mabel will be waiting at 3 and 2.5 sen..

Please continue to sell ya..

CheriMeow

DickyMe

14,887 posts

Posted by DickyMe > 2023-03-30 22:09 | Report Abuse

No wonder it is performing like sissy.
Lembik macam taugeh.

Auuuwwwww!!

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 22:21 | Report Abuse

PM Najib was Smart and Visionary…he can smells good business..

I agree with qqq6688...Malaysia will be the laughing stocks to the world that a local O&G Company like Sapura to let it go under. This O&G eco system will be spoilt. It takes long time for Malaysia to build a sizeable O&G company since Renong’s time. Petronas is stronger with record profits last year. They also need player like Sapura. They will help as seen before, by offering faster payment, guarantee to ease Sapura cash flow. Oil majors are boosting exploration projects after securing good profits last year. Outlook is definitely bright for O&G Companies.

Beside the above initiative, there should be a merger between Mabel Sapnrg and Velesto Battleships making biggest O&G company in Malaysia as both are having the same shareholders which is PNB.

Benchmarking: One of Mabel’s Singapore Sembcorp subsidiary, Sembcorp Marine merge with Keppel O&M to form one of the world’s largest offshore energy players, as offshore drilling projects dwindled amid a global transition towards renewable energy. If the merger is approved by shareholders, Sembcorp Marine will buy the entire Keppel O&M stake from Keppel Corporation for about $4.5 billion, excluding legacy rigs and associated receivables.

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 22:23 | Report Abuse

It has been approved by both shareholders..

Meow

DickyMe

14,887 posts

Posted by DickyMe > 2023-03-30 22:24 | Report Abuse

It did not operate like an oil and gas company.
It operated as cash bank and charity center for all kind of purpose and events.
It is masked as wealth distribution. Unfortunately the distribution was overdrawn till needing bailout. It is a farcical company. There are numerous such companies operating sickly in Bursa.

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 22:25 | Report Abuse

DickyMe No wonder it is performing like sissy.
Lembik macam taugeh.

Auuuwwwww!!
30/03/2023 10:09 PM

Haha It's cumming...

Thanks God our Air Asia did well today and yesterday..

Happy that Mabel collected during last week and early this week retracement..Congrats to you too..

Now Every Wang Can Fly..

Mabel

24,169 posts

Posted by Mabel > 2023-03-30 22:28 | Report Abuse

Cheers epal22

Lady Sapura is now like a Virgin..

Meow

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 22:29 | Report Abuse

Cicakman and anjingman wearing red color panties, push harder tomorrow ya. Push it below 0.03.

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 22:33 | Report Abuse

Mabel look at the analyst report, tomorrow you hard to catch any dumb fishes.

Huangbk72

5,066 posts

Posted by Huangbk72 > 2023-03-30 22:45 | Report Abuse

Hahhah

As long as we see ConMabel in the ship, it will sink. 100%

Think impairment is over? LOL

OKU_2020

4,860 posts

Posted by OKU_2020 > 2023-03-30 22:53 | Report Abuse

TO R I P { Rest In Peace }

Bon888

3,375 posts

Posted by Bon888 > 2023-03-30 22:56 | Report Abuse

Whoever still ride on this boat are brave traders. We dare to face the risk and we have capital to play with this.

One counter earned 300% or 400% already have capacity to play a few counters like this Sapura. Lost 100% in Sapura is not a problem at all but the reward is good enough for me to continue rolling.

Rollin` Rollin` Rollin`
https://youtu.be/RYnFIRc0k6E

DickyMe

14,887 posts

Posted by DickyMe > 2023-03-30 23:18 | Report Abuse

Sumatec, Serbadk, SAPNRG joining soon, just couple of sens away.

Fools always like to pretend as brave-hearts while the ship is sinking.

Ego is bigger for them.

drkelvin20

694 posts

Posted by drkelvin20 > 2023-03-30 23:37 | Report Abuse

I dream about this whole complete drama here, here is my dream:
In my dream,
Its buying more time and time, so that CEO and the rest can still ride on fat pay, and and do some networking by roping in more and more so call high profile talents in, these talents come and go, also ride on fat pay, and doing so, after this shut down, the CEO can always find next stop through these contacts he hired to Sapura.

The one time impairment, comes one after another, big losses, come one after another, and in between, its shows some improvements for hope, and most of the projects it won are losing projects, and the so call legacy projects contonue forever, and most contracts are money losing contract, at the end, the wole money sucker seek to bank and government to bail out...

Do you think New PM will bail out this money sucker...?

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