SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

3,500,100


80 people like this.

147,522 comment(s). Last comment by TalkNumberOne 54 minutes ago

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 06:39 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 06:40 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 06:43 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 06:50 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 06:57 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-06-10 07:38 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-06-10 07:40 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-06-10 07:42 |

Post removed.Why?

Posted by youarewelcome88 > 2023-06-10 07:58 | Report Abuse

Good decision Referee. @Felix888 cuma tukar sponsor saja. Dulu punya sponsor Baju merah dan harga pulak TP 2 sen. Sekarang Sapura sponsor dia. Bagi baju warna hijau macam warna Petronas. Harganya mesti lah lebih dari harga challenge 7 sen. Nombor pulak 5218. @Felix888 is all dressed up. Let the challenge begins...

Elaphe

346 posts

Posted by Elaphe > 2023-06-10 08:13 | Report Abuse

Syndicate control price movement, cannot do much. When it is ready to move , it will happens just in short period time. So if wana buy ,must be able to wait as rather difficult to time the movement.

OKU_2020

4,859 posts

Posted by OKU_2020 > 2023-06-10 08:23 | Report Abuse

hmmm...back to square one
pity to innocent newbies - trap liao
NEXT ?...got to CUT THEIR OWN BIRD@ CL
this PN 17 Sap E remained impotent >>
NO CURE/ BEYOND REPAIR .....!!

Mabel

24,141 posts

Posted by Mabel > 2023-06-10 08:43 | Report Abuse

Elaphe Syndicate control price movement, cannot do much. When it is ready to move , it will happens just in short period time. So if wana buy ,must be able to wait as rather difficult to time the movement.
10/06/2023 8:13 AM

Elaphe is really smart. You really know how the game is played.

When Smart Money has collected enough, they will PUSH...

It happened in AAX..
It happened in AA..
It happened in Armada..

...and many more...

To Our Success !

Meow Meow Meow

Mabel

24,141 posts

Posted by Mabel > 2023-06-10 08:47 | Report Abuse

youarewelcome88 Good decision Referee. @Felix888 cuma tukar sponsor saja. Dulu punya sponsor Baju merah dan harga pulak TP 2 sen. Sekarang Sapura sponsor dia. Bagi baju warna hijau macam warna Petronas. Harganya mesti lah lebih dari harga challenge 7 sen. Nombor pulak 5218. @Felix888 is all dressed up. Let the challenge begins...
10/06/2023 7:58 AM

Indeed. UlarSawa has always been a great referee. He did a good job in TG..

Felex888, Mabel is definitely with you...

To Our Success !

Meow Meow Meow

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 08:51 | Report Abuse

To our success first TP 0.07!

Mabel

24,141 posts

Posted by Mabel > 2023-06-10 08:56 | Report Abuse

Meow Meow Meow Felix888!!!

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 08:57 | Report Abuse

New sponsor and lengchai look😉

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 10:12 | Report Abuse

I3lurker got daughter?

SinGor

4,919 posts

Posted by SinGor > 2023-06-10 10:12 | Report Abuse

Your Revenge Target is at Sight in Dnex ( Bob-No-Hope bought at 55sens ---say 40sens Bought---donT trust )
Now you can "Open All Old wounds" for Bobby at Dnex

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 10:48 | Report Abuse

Thanks for your info SinGor. Let's have party at Dnex!

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 10:49 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 10:55 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 10:58 |

Post removed.Why?

EVO118

2,144 posts

Posted by EVO118 > 2023-06-10 11:03 | Report Abuse

10 contracts worth 1.4B. Nothing wrong with that.

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 11:11 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 11:19 |

Post removed.Why?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 11:22 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 11:24 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 11:28 |

Post removed.Why?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 11:29 |

Post removed.Why?

Mabel

24,141 posts

Posted by Mabel > 2023-06-10 11:31 | Report Abuse

Mikecyc Haha oh No .. Kon Mabell bought DNEX above RM 1.02 … go go go join the DNEX party … hahahaha
10/06/2023 10:58 AM

Haha Sifu Mickey Mouse...

Don't be like that lar..

Mabel been in and out of DNEX many times oledi lor just like TG, Armada, Velesto Greatec, TG, FGV, SD etc etc. Fortunately Mabel does not freeze like Monk when it matters. Now Mabel no more interested with DNEX ever since they start talking to make DNEX a pure semiconductor company. No More Battleship oledi since Ping has now becum Ping Pong..Hihihi

Although Mabel has many other collection, now Mabel is watching closely SD, Air Asia and Armada. Potential Mabel's Lobster and Abalone Dinner and Lunch..

Meow Meow Meow

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 11:33 |

Post removed.Why?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 11:34 | Report Abuse

A5 Wagyu also Mabel. Next week is time to celebrate Armada victory!!

Mabel

24,141 posts

Posted by Mabel > 2023-06-10 11:41 | Report Abuse

Felix888 A5 Wagyu also Mabel. Next week is time to celebrate Armada victory!!
10/06/2023 11:34 AM

Yes lah...

Meow Meow Meow

Mikecyc

46,651 posts

Posted by Mikecyc > 2023-06-10 11:43 |

Post removed.Why?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 11:47 | Report Abuse

Technically I should call I3licker father in law. I3licker did your daughter told you about her new boy friend Felix?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 11:48 | Report Abuse

I promised Armada experts not to post nonsenses there. I3licker , please come here.

Mabel

24,141 posts

Posted by Mabel > 2023-06-10 12:07 | Report Abuse

Mikecyc Haha still recalled that Kon Mabell had 66 stocks … if each stocks of equal % = 100/ 66 = 1.515 % of Investing funds …
10/06/2023 11:43 AM

Haha Sifu Mickey Mouse.. as Mabel said many times Mabel only cum in when Mabel see value and can make money. Besides, it’s human instinct to be passionate on what you do what more if you put your stakes in it. Look it this way if someone come to your house and start complaining that your house is bad lah, your husband is crazy lah, your furniture is cheap lah, you made a lousy investment lah etc etc ...

How do you feel..

Food for Thoughts..

Budak2 bermain gasing
Bermain gasing dgn Mabel
Alang2 kalau nak goreng
Biar sampai dapat tukar katil ke Stainless Steel

Meow Meow Meow

Sslee

6,810 posts

Posted by Sslee > 2023-06-10 12:08 | Report Abuse

Repost:
Posted by Sslee > Jun 10, 2023 12:03 PM | Report Abuse X

I cannot understand why so many i3commentators readily stoop sooooo lowwww into Tikus level and throwing insults at each other?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 12:16 |

Post removed.Why?

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-10 12:23 |

Post removed.Why?

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 12:52 | Report Abuse

I3licker I'm Armada for many years. You guys just came in last week posting rubbish there.

Sslee

6,810 posts

Posted by Sslee > 2023-06-10 13:34 | Report Abuse

Armada had been good for me in trading gain for free Bintang beer and lobsters.

I normally invest in companies that pay dividend and trading on those with high share price volatility but no on PN17 companies.

Will Sapura debts restructure included haircut to creditors, debtors and shareholders (share consolidation)?

The Sapura debts restructure include:
1. Potential divestment of Sapura’s stake in its associate company (SapuraOMV Upstream Sdn Bhd)
2. The issuance of debt-to-equity financial instruments.
3. Potential financial investment of RM1.8 billion

KUALA LUMPUR (June 7): Cash-strapped Sapura Energy Bhd said the nine-month extension of the restraining orders granted to the group and 22 wholly-owned subsidiaries is necessary to finalise the group's proposed restructuring schemes with its financiers and other creditors to resolve its unsustainable debt and overdue payables.

The group is currently in the process of further refining the restructuring schemes with the aim of reaching an agreement in principle with the financiers on certain key items, said Sapura Energy in a statement on Wednesday (June 7).

This includes reaching an accord on the amount of potential sustainable debt going forward, paring down the outstanding liabilities through the potential divestment of Sapura’s stake in its associate company (SapuraOMV Upstream Sdn Bhd), and options such as the issuance of debt-to-equity financial instruments as one of the methods for resolution.

The nine-month extension of the orders, until March 10 next year, was granted after a hearing at the High Court, The Edge reported on Tuesday. The orders were initially issued on March 8 and set to expire on June 11.

The primary creditors for Sapura Energy Group are the financiers for its multi-currency financing (MCF) facilities. To reduce its unsustainable debt, Sapura Energy and the 22 subsidiaries, who are obligors under the MCF facilities, have engaged with the primary creditors with the help of the Corporate Debt Restructuring Committee (CDRC) to mediate the negotiations.

The proposed restructuring schemes will include a potential financial investment of RM1.8 billion which would further the group’s goal in preserving the industry ecosystem.

Once the proposed scheme is in place, Sapura’s 22 subsidiaries will work towards the court-convened meetings which are expected to be held by the end of October.

In February, the CDRC had extended the standstill period under the CDRC regime for Sapura Energy and its subsidiaries to come to a landing with the MCF financiers for an agreeable debt restructuring solution, until Sept 9.

Meanwhile, Sapura Energy has validated about RM1.5 billion in claims from about 2,000 vendors through its proof of debt exercise involving trade creditors. The adjudication phase is almost complete, with only eight claims still being processed, the group said.

“Whilst we acknowledge the lengthy negotiation process due to the sheer complexity and size of the restructuring, we are quite confident that we are now approaching the last few milestones of this journey,” said Sapura Energy group chief executive officer Datuk Mohd Anuar Taib.

klee

3,525 posts

Posted by klee > 2023-06-10 14:01 | Report Abuse

Everyone in i3 knows i3sucker is just a tin kosong and clown.Amongst his wild claims include ..Msia owing RM20 trillions....Dnex will hot RM10....Aax will drop to RM 0.5.Hahahahaha.

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 14:03 | Report Abuse

Sslee is a good investor 👍sharing fair and great informations.

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 14:04 | Report Abuse

Dnex RM 10 with the ancient technology?? I3licker must be crazy.

Posted by StartOfTheBull > 2023-06-10 14:31 | Report Abuse

Do not push him too hard, he can curse a person to this extent.
*********

i3lurker

12,368 posts

Posted by i3lurker > 19 hours ago | Report Abuse

On the day Mike🐁dies, he will still be doing the same fitnah banner thing.

and that Death day is much nearer than Mike🐁 thinks

Felix888

3,375 posts

Posted by Felix888 > 2023-06-10 14:50 | Report Abuse

Accountants / Auditors often have a conservative mindset due to their focus on accuracy, compliance, and risk aversion.

They are trained to be cautious and prioritize minimizing financial risks. While this approach is suitable for managing a company's finances, it may limit their ability to take calculated risks and seize investment opportunities that offer potentially higher returns.

Successful investing often requires a willingness to take on some level of risk.

i3lurker

14,388 posts

Posted by i3lurker > 2023-06-10 15:04 | Report Abuse

Its beyond my control
Based on numerous cases, past experience, if I pray to God for him, he actually dies faster.

speakup

27,014 posts

Posted by speakup > 2023-06-10 15:30 | Report Abuse

by hook or crook, sapnrg must be rescued before state elections. continue egg subsidy is nothing compared to the number of bumi job losses if sapnrg collapse

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-06-10 15:42 |

Post removed.Why?

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