Posted by Elaphe > 2023-06-16 10:25 | Report Abuse

Yeah everyone knows Bobby cut lost. Sifu Mable amd Sifu B40forever already highlighted many times.

Posted by nicholas99 > 2023-06-16 10:26 | Report Abuse

u guys talk so long still the same

Posted by youarewelcome88 > 2023-06-16 10:29 | Report Abuse

@Ninth007...from your description I think itu sekolah yang itu AI pergi tak ada bumbung punya lah...

Posted by Ninth007 > 2023-06-16 10:57 | Report Abuse

Bobby lies got disclosed
Buy high cut loss at Record Low
Everyone knows and he will be using another id in the forum because
Shame Shame Shame
Your school regretted ever accepting you MeSiaSuikan nama

Posted by Felix888 > 2023-06-16 12:20 |

Post removed.Why?

Posted by BILLC > 2023-06-16 12:26 | Report Abuse

EY takes money and signs,,,,beyond repair,,,no cure,,,,,and RIP,,,,,,,haha,,,

Posted by youarewelcome88 > 2023-06-16 13:36 | Report Abuse

The damning unqualified auditors' report is actually advantages to Sapura in it's final negotiations with it's financial providers. With it's going-concern questioned has given Sapura the upper hand. I hope Sapura will not extract too much out of it's advantage with the lenders. Pay up what's is owned even though its a legacy issue. Sapura is in the business where she has the capacity & ability to fulfill it's financial obligations

Posted by BobAxelrod > 2023-06-16 14:03 | Report Abuse

I wonder if he knows how to read Qualified Financial Reports........laugh die YOU!!

Posted by Felix888 > 2023-06-16 14:14 |

Post removed.Why?

Posted by youarewelcome88 > 2023-06-16 14:28 | Report Abuse

Not only the AI guy wished for Sapura to die... Now he wished for my Death.

Posted by BobAxelrod > 2023-06-16 14:35 | Report Abuse

Trying very, very hard to laugh YOU to death!....LOL

Posted by BobAxelrod > 2023-06-16 14:38 | Report Abuse

The last placed student in class also knows how to read a simple Qualified Financial Report........my Driver's gardener also can read......this fool still thinks the Report is not showing anything serious????.....mana sekolah lu??

Posted by BobAxelrod > 2023-06-16 14:39 | Report Abuse

Tell the snakey sicko, the one who talks to trees that his beloved TG is now below 1.00.....laugh die YOU!!

Posted by Sslee > 2023-06-16 14:42 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2023-06-16-story-h-267781246-6_months_12_months_and_18_months_ROI_contest.jsp

For those keep quarrel non stop. You are invited to a friendly and fair competition to settle your quarrel once and for all

Posted by youarewelcome88 > 2023-06-16 15:18 | Report Abuse

No explanation required... Be responsible for what you wrote...

Posted by EVO118 > 2023-06-16 16:05 | Report Abuse

Should sell @ 0.040 and buy back @ 0.035. Still a 14.29% profit for sitting here. It happens every couple of days.

Posted by UlarSawa > 2023-06-16 16:18 |

Post removed.Why?

Posted by DatoT20 > 2023-06-16 16:27 | Report Abuse

Dear fellow shareholders,

I hope this update finds you well. It has been some time since I last shared information with all of you, and I believe it's important to keep you informed about recent developments. Please note that the following update is specifically intended for shareholders, and if you have a negative outlook or encourage others to cut losses, I kindly request you to refrain from reading further.
________________________________________________

Sapura Energy is currently undergoing a significant development in its restructuring efforts. According to the information I have received, there are several key elements involved in this process.

Firstly, there will be the establishment of a Special Purpose Vehicle (SPV) to facilitate the restructuring. This SPV will likely involve the collaboration of the government and Petronas, the national oil company of Malaysia.

Additionally, there is news about a potential golden handshake from the government to support Sapura Energy's restructuring. The details and extent of this arrangement are not yet fully disclosed.

Another important aspect is the involvement of CDRC (Corporate Debt Restructuring Committee), a team associated with Bank Negara Malaysia, the central bank. They are reportedly working internally to ensure a smooth restructuring process for Sapura Energy.

As part of the restructuring plan, there is a proposed injection of RM1.8 billion into the company. Also, approximately RM0.8 billion in loan will be allocated for repaying existing loans.

These developments are considered as internal measures and can be seen as a form of bailout to support the company's sustainability.

For the creditors, it is expected that there will be a haircut of more than 50% on the outstanding debts. This means that creditors will need to accept a reduction in the amount owed to them.

The urgency to prevent Sapura Energy from going bankrupt is evident, and efforts are being made to settle outstanding obligations to creditors in a timely manner. As part of the deal, creditors have the option to accept a 60% haircut and receive the funds promptly. However, if they choose not to agree, they may have to wait for the process to unfold, which could potentially take a significant amount of time.

It is crucial to monitor further updates and official announcements from Sapura Energy regarding the details and progress of this restructuring plan.

Regards,
DatoT20 (Sapura Shareholders, Diamond hand, Skin in the game, AkuYangBeliKauYangPANAS)

Posted by DatoT20 > 2023-06-16 16:36 | Report Abuse

It's quite an interesting world we live in. When I share insightful information with fellow shareholders, some label me as a scammer or a promoter.

However, when someone urges shareholders to cut losses and abandon their investments in SAPURA ENERGY, they are hailed as heroes and protectors of investors.

Posted by Huangbk72 > 2023-06-16 16:46 | Report Abuse

LOL

Answer to your question above

1) Cos its all rumors.. created to spur interest. Nothing concrete.. Qatar Oil?
2) Market price shows. Many people has 1st hand information.. yours probably 6-7th hand. Holding a stock for months and years with no appreciation, no dividend and high chance of losses.. its a bad call.

So far its shown for months, better to put money in other stocks or even FD..

Timing is wrong.. and it shows.

Posted by cicakman > 2023-06-16 16:53 | Report Abuse

How d ?
Runnnn like rats :)
Any more good news

Posted by cicakman > 2023-06-16 17:00 | Report Abuse

Serbdk abg adik sapura lost nearly RM1 billion.
How about sap ?

Posted by cicakman > 2023-06-16 17:11 | Report Abuse

Shopping Mall >> Mini Market >> Kedai Runcit >> Pasar Malam jual minyak urut tongkat abu :) :)

Posted by youarewelcome88 > 2023-06-16 17:11 | Report Abuse

@DatoT20... Interesting dimension SPV. I believe the SPV comes into fruition after the Debt Restructuring. Cheers

Posted by UlarSawa > 2023-06-16 17:39 |

Post removed.Why?

Posted by Huangbk72 > 2023-06-16 17:41 | Report Abuse

Poor Ular is confused.. No wonder now people calling you no schooled referee.

I am talking about T20 making up rumors.

What angle now you expanded to????

Posted by UlarSawa > 2023-06-16 17:41 |

Post removed.Why?

Posted by UlarSawa > 2023-06-16 17:43 |

Post removed.Why?

Posted by Huangbk72 > 2023-06-16 17:45 | Report Abuse

When I say Interest Rate???

Tak sekolah ka? Correct??

Posted by UlarSawa > 2023-06-16 17:48 |

Post removed.Why?

Posted by UlarSawa > 2023-06-16 17:50 |

Post removed.Why?

Posted by Huangbk72 > 2023-06-16 18:08 |

Post removed.Why?

Posted by UlarSawa > 2023-06-16 18:12 |

Post removed.Why?

Posted by Huangbk72 > 2023-06-16 18:13 | Report Abuse

Dont putar belit

I said months and years... tak faham ke what is years??

Even if months... 11 months make money?? 10 months make money??

How you argue also you lose..

Posted by UlarSawa > 2023-06-16 18:15 |

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Posted by UlarSawa > 2023-06-16 18:16 |

Post removed.Why?

Posted by Huangbk72 > 2023-06-16 18:34 | Report Abuse

LOL

I said months and years.. you chose your own narrative to show investing in SAP makes money..

I never said past few months.. you make up this sentence to cover.

This is called referee? This is called promoter work.

Why not use 10 months as example?

My point... you are not fair and impartial

Posted by Sslee > 2023-06-16 19:27 | Report Abuse

Posted by Sslee > Jun 16, 2023 7:23 PM | Report Abuse X

Calling UlarSawa,
You need to come to Sslee blog and promote this blog so that more people can resolve their dispute peace fully

Posted by DickyMe > 2023-06-16 20:36 | Report Abuse

3 sen coming soon!

Posted by Elaphe > 2023-06-16 20:56 | Report Abuse

Dicky don't scare us newbie, just only Sifu Dato T20 come and write all the promotional points. How come still can drop to 3sen.

Posted by DickyMe > 2023-06-16 21:07 | Report Abuse

"How come still can drop to 3sen."

That is how GLC FUN managers manage public money.

Posted by Rowie > 2023-06-17 10:39 | Report Abuse

Dear Dato T20
A restructuring may be as follows if can:-
1. Total debt haircut 90% - debt now becomes 1.5b
2. Capital reduction 100:1 capital reduced to say 1.5b (for simple calc)
3. Rights issue 1:1 @0.50 raises cash 750m
4. Sale of some assets to raise 1.5b for working capital cos cannot get any more bank loans

Sapura needs big haircuts from both creditors and shareholders in order to survive cos their old contracts signed are with low margins with little room for adjustments
Hope for the best.

Posted by SinGor > 2023-06-17 11:07 | Report Abuse

Sapura needs big haircuts from both creditors and shareholders in order to survive cos their old contracts signed are with low margins with little room for adjustments
_______________________________

Thanks Or no thanks to Covid, many "old Sap Contracts has actually subjected to dispute---owners refused
to continue due to Covid " Now SAP is actively re-negotiating new Costing or Going to Court (as reported in
AR ) Not dead-end but difficult road to manage if goes to Court. Going to Court is better for SAP ( buy time )

Posted by SinGor > 2023-06-17 11:22 | Report Abuse

Sapura needs big haircuts from both creditors and shareholders
__________________________________
Haircut to Bankers seem a done Deal ( no idea details ) We should know if Bankers refused negotiation bcos Law
Offices around KL will be bursting with Gossips ...
This is just my opinion. If White Horse deal is real, 1.8Bil buys alot, alot of shares in current market----They become "majority Holder"----A confirm No. No. to PNB who wants to control SAP to recover its Investment.
There will be no RI unless price return back to 30sens+++ ( plus cash injected directly into SAP) Or else PNB becomes a minority shareholder with NO control on how recover " other Cash" injected into SAP

Posted by Felix888 > 2023-06-17 11:45 |

Post removed.Why?

Posted by i3lurker > 2023-06-17 11:47 | Report Abuse

kaching!!

thanks for your money and your life !!!

Posted by i3lurker > 2023-06-17 12:18 |

Post removed.Why?

Posted by Felix888 > 2023-06-17 12:38 |

Post removed.Why?

Posted by Rowie > 2023-06-17 13:02 | Report Abuse

Only one Company ie Petronas can save Sapura. Even Tenaga doesn’t have that capacity. MHB books show that they can’t do it.
Petronas is not in the business of saving its subcontractors.

Who else is left………..Taxpayers via the GOMEN can do it, but will they???????????
There will be public outcry plus GOMEN got no money

Once that dust settles plus when INVESTORS realises that the only way to save Sapura is via creditors & shareholders haircuts, share consolidations plus rights issue after haircuts then only Sapura can be saved

Posted by Rowie > 2023-06-17 13:04 | Report Abuse

By the way, I hold no shares in Sapura, will never buy also but own shares in MHB