SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.035

Today's Change

+0.005 (16.67%)

Day's Change

0.03 - 0.035

Trading Volume

6,580,600


80 people like this.

147,534 comment(s). Last comment by Mabel 9 hours ago

cicakman

7,729 posts

Posted by cicakman > 2023-04-26 17:56 | Report Abuse

24/30 kahhhh.kahhhh.kahhhh.

Bon888

3,375 posts

Posted by Bon888 > 2023-04-26 19:47 |

Post removed.Why?

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-04-26 20:58 | Report Abuse

Hahahahhaa old man got nothing to do. Desperately needs to feel relevant

Posted by Robert Waters > 2023-04-26 21:30 | Report Abuse

What an amazing opportunity this company presents to investors. Cannot get much cheaper than this.
I read many predictions here. 0.095 caught my eye.
THE RULE ABOUT PREDICTION:

NEVER PREDICT BOTH THE PRICE AND THE TIME.

JUST PREDICT ONE OF THE TWO.

YUSOFAMY

65 posts

Posted by YUSOFAMY > 2023-04-26 22:41 | Report Abuse

ituu anwar brahim kari punya sembang

cicakman

7,729 posts

Posted by cicakman > 2023-04-27 09:29 | Report Abuse

Mamak kedai jual rojak..
Sotong lapizi satu geng lor!!!

OKU_2020

4,859 posts

Posted by OKU_2020 > 2023-04-27 09:47 | Report Abuse

TO RIP / Rest In Peace Soon
COFFIN for sure
Beyond Repair

Medusa

537 posts

Posted by Medusa > 2023-04-27 10:03 | Report Abuse

Anwar nak ajar sama shahril. Berani ko si toyol main ngan anak buahku Rafizi. Ambik ko. Kahkahkah

OKU_2020

4,859 posts

Posted by OKU_2020 > 2023-04-27 15:56 | Report Abuse

sad news comingg....

Ninth007

475 posts

Posted by Ninth007 > 2023-04-27 16:40 | Report Abuse

Aiyoyo...
Tarak habis jualkah @0.035
Apasal lama tunggu pun tarak nampak 0.03 punya?
Jit Pai Hoseh Liao ....

Mabel

24,158 posts

Posted by Mabel > 2023-04-27 16:55 | Report Abuse

haha more than 300 M shares blocking at 3.5 sen..

how to collect at 3 sen?

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-04-27 17:03 | Report Abuse

Hahahhahahaha old man cannot sleep at night. After changing gold post now changing sport, soon old man changing gender also

Ninth007

475 posts

Posted by Ninth007 > 2023-04-27 17:17 | Report Abuse

Dare because of truth!!!
Popcorn long ready, waiting for the prices to soar ...
Jit Pai Hoseh Liao ;)
VrOOOm.....

(Article quoted)
Will it be 15-0 for Rafizi as he takes on Sapura Energy’s top gun Shahril?
SOMETIMES corporate captains should just let sleeping dogs lie. Just bury the hatchet and don’t let emotions ruin your fortune.


It is therefore very baffling for investors and non-investors alike to learn that former Sapura Energy Bhd CEO Tan Sri Shahril Shamsuddin ‘has come out from his retirement’ to sue PKR’s newly-elected deputy president Rafizi Ramli over claims made by the latter against the cash-strapped global integrated oil & gas (O&G) service provider.

Recall that on June 1, the former Pandan MP confirmed in a blog posting that he was served with a writ of summons by lawyers acting for Shahril on May 11 over statements he made in opposition to a call by former Prime Minister Datuk Seri Najib Razak that the Government should bail out Sapura Energy.
Learn more
Rafizi chose not to comply with a letter of demand for an apology and retraction of three articles containing allegedly libellous statements about Shahril but instead engaged a team of lawyers headed by Ranjit Singh of Ranjit Singh & Yeoh, to handle his case.

Shahril could have probably been offended most by Rafizi for making remarks about his hefty remuneration at a time when Sapura Energy was bleeding. This is due to the existence of share covenant as Shahril has revealed to The Edge Financial Daily in July 2019.

The covenant in lieu of having his shares in Sapura Energy locked up when the group re-financed its whopping RM14 bil in borrowings has enabled Shahril to rake in fat salaries amounting to RM71.92 mil in in the financial year ended Jan 31, 2018 (FYE1/2018) and RM84.24 mil in FYE1/2017.

Back then, Shahril was the single largest shareholder of Sapura Energy with a 15.9% stake. The share covenant was not stated in the annual reports.

An ‘old hand’ in court cases, Rafizi noted on his Facebook posting that this will mark the 14th time since 2010 that he is making court appearance to defend public funds linked to financial scandals, notably that of the National Feedlot Corporation (NFC), 1Malaysia Development Bhd, Majlis Amanah Rakyat, Tabung Haji and the Armed Forces Fund Board (LTAT).

“Thus far, I’ve an impeccable track record where I won all legal suits levelled against me in courts,” he justified. “In the court proceedings, the people can make in depth evaluation of the background of each and every of the financial scandal.”

While Shahril has every right to challenge Rafizi in court, many wonder if the former is only exposing himself to the risk of opening more cans of worms given that Sapura Energy has succumbed to a net loss of RM8.9 bil for its FY1/2022 which is the largest in the history of corporate Malaysia to date.

As pointed out by Mariam Mokhtar, the fierce critic of Malaysia’s socio-political problems, many Malaysians would welcome the trial so that Sapura’s alleged mismanagement will be put to public scrutiny.
“They want to know if the alleged excesses of its former CEO and the failure of the board and managers to save the company from near bankruptcy are true,” she pointed out in her latest opinion editorial in the Free Malaysia Today portal.

“With the trial – if it takes place – the rakyat will be able to know how public listed companies are run. They will be able to find out about the wastage, the exorbitant salaries and perks, the poor decision making, the choice of investments, and the losses incurred.”

Should Rafizi emerge triumphant in the court case, his track record will go up a notch to 15-0. – June 6, 2022

MAYBE 14-1
Vrooommmmm.........

nicholas99

9,887 posts

Posted by nicholas99 > 2023-04-27 17:21 | Report Abuse

a lot so zai also very dare these days.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-04-27 17:27 | Report Abuse

So Zai or Soh hai??? maybe both? and some 2 in 1??

SinGor

4,920 posts

Posted by SinGor > 2023-04-27 18:14 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=136254&name=EA_GA_ATTACHMENTS

Kan-1 well has about 200--300mil Barrel. At $80 Sapura has Oil reserve worth $ 13Bil @200mil Or RM 63 Billion
No wonder Petronas is Rich

SinGor

4,920 posts

Posted by SinGor > 2023-04-27 18:16 | Report Abuse

So SAP has 30% share in Kan 1, which comes out minimum RM18.90 Billion

SinGor

4,920 posts

Posted by SinGor > 2023-04-27 18:18 | Report Abuse

With so few drilling World Wide, Oil price will keep raising. SAP is sitting on Black Gold

SinGor

4,920 posts

Posted by SinGor > 2023-04-27 18:53 | Report Abuse

only 2 drillings in 2022 in Block 30. No telling more oil deposit can be found in Block 30. Petronas is
seriously checking its pocket for spare change to takeover SAP

izoklse

5,272 posts

Posted by izoklse > 2023-04-27 21:45 | Report Abuse

wow sapura jumpa minyak

Bon888

3,375 posts

Posted by Bon888 > 2023-04-27 22:38 |

Post removed.Why?

izoklse

5,272 posts

Posted by izoklse > 2023-04-27 23:03 | Report Abuse

but sadly sapura sharing contract on this block only 30%.

Medusa

537 posts

Posted by Medusa > 2023-04-28 00:26 | Report Abuse

Waiting other GLC coming. Hehehe

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-04-28 07:49 | Report Abuse

Hey kids, how many times must we keep telling you that counting unhatched eggs is detrimental to your health??? LOL!!

Try telling this fairy tale of owning Fort Knox to the Creditors/bankers and asking for more time........that should give them a tickle and more laughs....

Besides, you should always have your feet firmly planted on the grounds and facing the Debts of RM15+ Billions, not running away from your problems.....

You think this piece of crap News would break the 100 million shares at Sell queue??

Heavy sighs...........kids!!

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-04-28 07:58 | Report Abuse

Dato I miss your story telling. Old man so boring nowadays. Sounds like a spoilt recorder keep on repeating him self. Trying to get some attention. Hahahaha like a baby but so old. Baby full of potential old man no chance of achieving anything wasted life

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-04-28 07:58 | Report Abuse

Borrow from old man and specially for old man, RIP “not soon” but already RIP for old man

OKU_2020

4,859 posts

Posted by OKU_2020 > 2023-04-28 08:07 | Report Abuse

RIP / Rest In Peace Soon
Beyond Repair

Posted by masterkevin212 > 2023-04-28 08:58 | Report Abuse

giving high hope but resulting in low expectation..

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-04-28 10:03 | Report Abuse

Even with sugar coated News as Baits, still cannot break 4c????
Now just waiting for 8th June to be declared with Death Certificate of Winding Up.

Posted by youarewelcome88 > 2023-04-28 10:35 | Report Abuse

Sapura is a turnaround company... profit in the last qtr & now new oil strike. Forum participants are way ahead in seeing the new value of Sapura then the over-paid research analyst. The worst is over for Sapura...

Posted by armadatuah2017 > 2023-04-28 10:39 | Report Abuse

Sapura is gone for good, folks. Projects already stop coming in and they performed very badly since the Veterens were removed. It is gone for GOOD.

cicakman

7,729 posts

Posted by cicakman > 2023-04-28 10:45 | Report Abuse

8.30 before opening 85k que to buy 4 cts.It come in in 500 pcs each time
Then just few minutes before opening 2k only.
Lu org hari2 kena tipu maaa.
Lu ingat jumpa minyak px will move ka??
Hutang kasi settle dulu lorrr!!!baru bolih celita meahhh!

cicakman

7,729 posts

Posted by cicakman > 2023-04-28 10:48 | Report Abuse

Turnaround from bad to worst and from worst to tutup kedai.
Bolih buka kopitiammmmm.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2023-04-28 11:42 | Report Abuse

Sifus so Mexico oil findings cannot improve Sapura QR? Those who think can when is earliest Sapura QR can improve?

Mabel

24,158 posts

Posted by Mabel > 2023-04-28 12:05 | Report Abuse

Sigh.. Still 4 sen..

How to collect at 3 sen..

This counter got so many Uncles watching people and sell ke?

No money to buy ke?

Cum please help Mabel to collect at 3 sen..

Mabel

24,158 posts

Posted by Mabel > 2023-04-28 12:06 | Report Abuse

Sigh.. Still 4 sen..

How to collect at 3 sen..

This counter got so many Uncles watching people buy and sell ke?

No money to buy ke?

Cum please help Mabel to collect at 3 sen..

Bon888

3,375 posts

Posted by Bon888 > 2023-04-28 12:17 | Report Abuse

Mabel can't even get any at 0.035. The syndicate long queue there everyday.

TalkNumberOne

3,043 posts

Posted by TalkNumberOne > 2023-04-28 13:23 | Report Abuse

Let old man parrot in forum finding relevant. Otherwise I scared old man make himself RIP

DickyMe

14,887 posts

Posted by DickyMe > 2023-04-28 13:48 | Report Abuse

Limbo rock show! How low can you go?

cicakman

7,729 posts

Posted by cicakman > 2023-04-28 14:22 | Report Abuse

Consolidate.
Delisting.

Both will mati Katak.
It will be big lost for pro taik.

qqq668

262 posts

Posted by qqq668 > 2023-04-28 14:44 | Report Abuse

Sapura energy testing your patience, shld be trading at 10 cent now. But because broker involved in this restructuring deal, the price has to be pressed down for people to cari makan. Just wait a little while to realize this jewel potential.

Posted by mingli841231 > 2023-04-28 15:25 | Report Abuse

We are pleased to attach herewith a media release of SapuraOMV Upstream Sdn Bhd dated 27 April 2023 titled, "SAPURAOMV REPORTS POSITIVE RESULTS IN MEXICO BLOCK 30, KAN-1 EXPLORATION WELL".
SapuraOMV Upstream Sdn Bhd is 50% owned by Sapura Upstream Assets Sdn Bhd, a wholly owned subsidiary of Sapura Energy Berhad.
This announcement is dated 27 April 2023.
https://www.klsescreener.com/v2/announcements/view/4726699

OKU_2020

4,859 posts

Posted by OKU_2020 > 2023-04-28 16:55 | Report Abuse

Impotent Confirmed....this PN 17 Sap E

Posted by DatoKembara > 2023-04-28 17:00 |

Post removed.Why?

Medusa

537 posts

Posted by Medusa > 2023-04-28 17:02 | Report Abuse

WoW. Someone curi2 beli today. Hehe

Mabel

24,158 posts

Posted by Mabel > 2023-04-28 17:05 | Report Abuse

So Power..

Mabel

24,158 posts

Posted by Mabel > 2023-04-28 17:05 | Report Abuse

Uncle so impotent.. No power.

Meow

Bon888

3,375 posts

Posted by Bon888 > 2023-04-28 17:07 | Report Abuse

Siapa curi curi beli?

Posted by DatoKembara > 2023-04-28 17:09 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-04-28 17:34 | Report Abuse

Hari Hari RIP.

By the time you died like a salted fish, the Sapura still survive.

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