Posted by SinGor > 2023-06-09 10:36 | Report Abuse

Indirect Cash injection from Petronas into SAP ( OMV sold at "above Market Value "----no complaint from
investor ( PNB ) ))))

Posted by SinGor > 2023-06-09 10:40 | Report Abuse

Malaysia anything also "Boleh" so what is 2 billion "accidently drop into SAP account

Posted by youarewelcome88 > 2023-06-09 10:41 | Report Abuse

@singor...if I remember correctly, OMV have the first right to the disposal... They can of course endorsed the sale to Petronas...

Posted by Felix888 > 2023-06-09 10:42 |

Post removed.Why?

Posted by BobAxelrod > 2023-06-09 10:47 | Report Abuse

Come on, do better...tell more kindergarten stories....You are Informers, so inform......yee mee chai......(25 chai).......hahahaha

Posted by BobAxelrod > 2023-06-09 10:48 | Report Abuse

No need to say sell this and sell that....chopping own right hand??? How are you going to pick up your food after???....Selling Assets is a solution to solve Debts........Next you would say jumping for Penang Bridge would solve all problems...so right!

Posted by BobAxelrod > 2023-06-09 10:49 | Report Abuse

Billions ringgit ever dropped into Unknown Bank accounts??....tell another story please.......And if I give you my bank account, 200K would drop in???.......really Laugh die YOU!!

Posted by youarewelcome88 > 2023-06-09 10:53 | Report Abuse

@epal22... Despite the debt being a legacy issue, I hope the current management fulfill it's financial obligations in full...but in a relaxed term. Example full repayments in 3 years.

Posted by i3lurker > 2023-06-09 10:55 | Report Abuse

I do believe Petronas will fail.
Petronas failing is 100% guaranteed but will be in the next few generations.


Posted by BobAxelrod > 4 minutes ago | Report Abuse

No need to say sell this and sell that....chopping own right hand??? How are you going to pick up your food after???....Selling Assets is a solution to solve Debts........Next you would say jumping for Penang Bridge would solve all problems...so right!

Posted by BobAxelrod > 2023-06-09 10:57 | Report Abuse

Deams are for those asleep....zzzz
Hopes and prayers are for Priests and Monks........

We are pragmatic, healthy, intelligent humans.......we see Facts and Figures....and they don't lie.




Posted by youarewelcome88 > 3 minutes ago | Report Abuse
@epal22... Despite the debt being a legacy issue, I hope the current management fulfill it's financial obligations in full...but in a relaxed term. Example full repayments in 3 years.

Posted by BobAxelrod > 2023-06-09 10:58 | Report Abuse

3 years?....wait 3 years?.....your mother father would wait...but I don;t think your girlfriend or Banker would wait 3 years.......LOL

Posted by BobAxelrod > 2023-06-09 10:59 | Report Abuse

Yup, that why for photos shoots......PMx was invited to Petronas KLCC office............it should be around for , say next 3 generations and Crude banks runs out....


Posted by i3lurker > 2 minutes ago | Report Abuse

I do believe Petronas will fail.
Petronas failing is 100% guaranteed but will be in the next few generations.

Posted by BobAxelrod > 2023-06-09 11:01 | Report Abuse

Anyone can inform why no photo shoots at Lap SAP office??...anyone?...yee mee chai??

Posted by SinGor > 2023-06-09 11:02 | Report Abuse

Most analysts---no License ---kopitam kaki HERE ) suggest SAP must clear All Debt----yes All 10Bil.!!!!!!!!!!
First thing in my mind---these analysts are mostly Nasi Lemak sellers------Even Banks donT want SAP to
clear All Debt ( Hello Bank Biz is to LEND money----Big Loan is better than $5000 loan to Nasi Lemak Sellers

Posted by BobAxelrod > 2023-06-09 11:05 | Report Abuse

SinGarLan never heard of bankers collecting back umbrellas when it rains......LOL

It's the Assets they are after to recover some Cash.....of course, his mind still thinks Bankers are your best friends.....hahahaha....my toes are laughing so hard.

Posted by BobAxelrod > 2023-06-09 11:10 | Report Abuse

And talking about Nasi lemak seller....here's one....
A Nasi Lemak seller, whom wasn't one until recently, forker out 500K to buy a 5 million bungalow....with bank loans. He couldn't repay the loan and now forced to be a Nasi lemak seller, earning 1,500 per month....AND YOU THINK THE BANK WOULD NOT FORECLOSE THE PROPERTY, but just collect 1,500 per month for 4.5 million loans..????

Moral of Story : the hat got too big for Lap SAP, they cannot carry the Billions in loans...

Posted by Elaphe > 2023-06-09 11:10 | Report Abuse

Sifu Bobby Cai, provide more breakdown so we newbie can understand. Newbie only see English words, no Data presented.
Pick la something from scheme of arrangement ka, and explain why it will not work. If it works, what is the Eps. God time bad time what is the margin estimation on each business unit. We hope we newbie can understand more from Sifu Bobby.

Posted by Loh Kok Wai W > 2023-06-09 11:10 | Report Abuse

Beli saham : mahu beli jgn takut...takut jgn beli....

Posted by Loh Kok Wai W > 2023-06-09 11:14 | Report Abuse

Naik 3 hari takut jatuh...turun 3 hari masih takut jatuh lagi ...better don't buy any share,don't any listen,don't read any Finance news...old stock in hand all sell out...eventhough lost or win....money better save in bank....

Posted by BobAxelrod > 2023-06-09 11:15 | Report Abuse

Answer : because the bankers/Creditors are now between a hard place and a rock......Loans defaulted but Assets still available. Allow Loans to continue with haircut means uncertainty of Instalment repayments as Earnings is too small. Moreover, expose to another stab in the back again.....
Secondly, borrow cannot even withstand the amount of Interest charged.....
Thirdly, Defaulter still requires more Financial assistance as their Shareholders funds are already empty.
Fourthly, bankers usually don't throw good money after bad money.....they Liquidate, cash out and move on....


Posted by epal22 > 3 minutes ago | Report Abuse

Aax get debt forgiveness, why can't sap? Even brankrupt people also get forgiveness after certain number of years.

Posted by hulwan > 2023-06-09 11:22 | Report Abuse

For those worried about 10 bil debt, read this first:
https://theedgemalaysia.com/article/cover-story-edge-says-should-sapura-energy-be-rescued-and-whom

SE already paid RM 6.4 bil in interest as of last year. Banks already made some money. Now is just main tarik tali. Once the 2,000 contractors adjudication done, banks will be pressured to settle with SE so that the contractors can get their money and not wait another 9 months

Posted by youarewelcome88 > 2023-06-09 11:26 | Report Abuse

@Bob... Don't get Excited. The excitement will bring back the traumatic Nightmares. Your facts & figures have actually brought you misery. AXE Capital performance is a reflection of yourself... Bitter Loser

Posted by nicholas99 > 2023-06-09 11:27 | Report Abuse

Saudi also focuses on other industry already. they know electric car and etc etc.. is coming.
thats why they partner with China.
and here sapura still struggle with debts. lol.
looks like malaysia la. aim to introduce local made vaccine for covid aim at 2030.
whole things smell like scam.
poor future outlook and 10bil debt.

Posted by Felix888 > 2023-06-09 11:28 | Report Abuse

Conclusion no bailout but private sector rescue including Petronas, white knight(s) from Middle East.

Posted by Felix888 > 2023-06-09 11:30 |

Post removed.Why?

Posted by BobAxelrod > 2023-06-09 11:32 |

Post removed.Why?

Posted by OKU_2020 > 2023-06-09 11:34 | Report Abuse

Many innocent newbies got TRAP liao on this PN 17 Sap. E ....Next ?....CUT OWN. BIRD

Posted by BobAxelrod > 2023-06-09 11:34 | Report Abuse

Upon liquidation, bankers would slice up the Assets, cut into piecemeals and bite sizes....and throw them to the wolves.....for some cold hard cash.......hahahaha

Posted by Felix888 > 2023-06-09 11:39 |

Post removed.Why?

Posted by BobAxelrod > 2023-06-09 11:40 |

Post removed.Why?

Posted by DickyMe > 2023-06-09 11:41 | Report Abuse

The funds rollout only on Fridays after some blessing.
cheek kissing, hand kissing, and hugging.

Posted by Medusa > 2023-06-09 11:42 | Report Abuse

Whenever bank ask sell, collect slowly

Whenever bank ask buy, immediately cabut runnnnnnnnnnnnnnnnnnnnnn

Whenever bobby is here, collect slowly

Whenever bobby missing, fast runnnnnnnnnnnnnnnnnnnnn

Kikiki…

Posted by youarewelcome88 > 2023-06-09 11:43 | Report Abuse

@Bob... You are just impossible. Why are you bringing your Facts & Figures that is 9-months into the future here!!! This is how he define his Intelligence! What rubbish!!!

Posted by Medusa > 2023-06-09 11:44 | Report Abuse

Thank You bobby earn 4X plofit. Sapula Sapula waiting 3.5c again

Kikiki…

Posted by nicholas99 > 2023-06-09 11:46 | Report Abuse

if eventually sapura managed to turn around and it still needs to service its big debt.
profit won't be fantastic. it will be fine if it get itself out of pn17 just after the restructure of the debt.
and it is in the sunset industry.
will sapura turn around and score a profit before the sunset industry goes from bad to worse?

Posted by BobAxelrod > 2023-06-09 11:47 | Report Abuse

I'm not impossible...Actually, I'm fantastic!!!

Do you know the total Assets Book Value of Lap SAP? Bankers' saliva are dripping, just thinking of the fatty piece of meat.

Posted by nicholas99 > 2023-06-09 11:47 | Report Abuse

top finance analyst and the government top analyst knew these.. which is the main reason why they are not going to bail out sapura.

Posted by nicholas99 > 2023-06-09 11:48 | Report Abuse

deep down your heart, you knew these too. but you gamble. its okay.

Posted by nicholas99 > 2023-06-09 11:49 | Report Abuse

just remember to cut win even if it is a slim profit.

Posted by BobAxelrod > 2023-06-09 11:49 | Report Abuse

I win...and which is why Sissy pon pon has had sex change and ID changed to Felix Fook You Bon......hahaha

Posted by Felix888 > 2023-06-09 11:51 |

Post removed.Why?

Posted by DickyMe > 2023-06-09 11:52 | Report Abuse

Eleh! Syiok sendiri punya statement!

Posted by nicholas99 > 2023-06-09 11:52 | Report Abuse

renewable energy will be on the rise again.

Posted by Felix888 > 2023-06-09 11:53 |

Post removed.Why?

Posted by BobAxelrod > 2023-06-09 11:54 | Report Abuse

Felix Fook You Bon is so mentally confused....he doesn't read well and cannot understand what I said... DID I SAY THE COMPANY IS VALUABLE?? I said the Assets has a Price....not the same thing....LOL




Posted by Felix888 > 1 minute ago | Report Abuse
Finally BobAssshole agreed SE is a valuable company.

After the debts restructuring, SE price will be going up to the moon. Bank does not operater jack up rigs..Why they want to sue SE for bankruptcy? Think about it.

Posted by Felix888 > 2023-06-09 11:55 |

Post removed.Why?

Posted by BobAxelrod > 2023-06-09 11:55 | Report Abuse

And for the 9th time....Bankers already received Judgement and proceeded with Wind Up of Company...that's same as suing an Individual for Bankruptcy.......kids!!

Posted by nicholas99 > 2023-06-09 11:58 | Report Abuse

KUALA LUMPUR: Malaysia's petroleum reserves for oil and gas resources are projected to last for only 15 years, according to the Reserves Life Index calculation.

Posted by nicholas99 > 2023-06-09 12:03 | Report Abuse

sapura have to make profit of 700mil of profit every year for the next 15 years to clear 10bil of debt.
sapura past performance:
2016: -791mil
2017: +208mil
2018: - 2.5bil
2019: +207.5mil
2020: -4.6bil
2021: -160mil
2022: -8.9bil
With the disposal of assets earlier. the performance of revenue will be affected. This is evident by the drop in revenue every single year from 2016 10bil to 2022 4.1bil.

Posted by BobAxelrod > 2023-06-09 12:04 | Report Abuse

....and that is without any Interest for next 10 years???

.....and shareholders are eating "westerly winds" (chinese) for next 10 years???