Elpahe be like how warrants work?? Then bark bark when theres a decline of 0.005.
We all are here for long term plays, u wan play short term can ask mr i3lurker, he in out then pancut when he sees his trading vol, like millionaire like that
i believe all people holding sapura here is for long term.. today sellout is just to frighten contra players i think.. like i mentioned before, just put the fish in the freezer and only take out when you think its time to cook... Happy trading and trade at your own risk.. its your own money and you decide yourself
Good morning old Ah kua. Hahaha tak Ada orang layan. Pity you la. Want do free performance also no one give a shit. 🤣🤣🤣 I hope you learn a life changing lesson. Your shitty life and sad face even your family members hate you for it.
Your joke performance drop 10 times after swallowing your own big fat ego balls. Now I lazy to even bash you. Please don’t beg people for bashing. If you miss bashing so much slap your face with right hand if not enough punch yourself with right hand.
沙布拉能源股票交易受到关注 实践说明 17 (PN17) 分类的 Sapura Energy Bhd (SEB) 的交易量在过去几周有所回升,促使市场观察人士暗示这家石油和天然气服务提供商将出现新股东。 例如,上周二,SEB 的交易量增至 50655 万股,这将其本周的日均交易量推升至 11085 万股。相比之下,7月份该股日均成交量为635万股。即使周二没有大量股票换手,SEB 的交易量也有所回升。 《The Edge》与行业参与者和市场观察人士就SEB突然产生的兴趣进行了渠道调查,结果表明中东一方可能会在公开市场上收购该公司的股票。 值得注意的是,《The Edge》今年3月援引SEB重组的法庭文件显示,来自中东的一方表示有兴趣通过注资18亿令吉现金成为SEB的白衣骑士。据说这位白衣骑士是一家总部位于卡塔尔的石油和天然气实体。
最近,有人猜测阿布扎比国家石油公司(俗称ADNOC)一直在公开市场上增持SEB的股票,但这与该公司正在进行的重组活动无关,目前仍是猜测时间。 SEB在回复《The Edge》关于ADNOC是否购买其股票的电子邮件中表示:“目前,我们的大量股权没有变化。 SEB致力于遵守马来西亚证券交易所制定的披露规则,并将在需要时向股东提供及时和透明的信息。该集团目前的重点是完成债务重组工作并实施运营改进,以确保公司重新获得财务基础,实现未来的可持续发展。” SEB的两大股东分别是持有40%股权的国家控股单位信托机构Permodalan Nasional Bhd (PNB)和持有14%股权的Brothers Capital Sdn Bhd。 Brothers Capital 是丹斯里沙里沙里尔沙姆苏丁和他的兄弟拿督沙里曼沙姆苏丁的公司。 2011 年,沙里尔 (Shahril) 作为最大股东的 SapuraCrest Petroleum Bhd 与 Kencana Petroleum Bhd 合并后,自 SEB 成立以来一直由 Shahril 领导。
Rumours had did that two Handsome Arabian Prince are courting Lady Sapura. One from Abu Dhabi and one from Qatar. Bottom line... They are buying Lady Sapura Share on the open market..
When you look so beautiful everyone want to marry you...
Proposed Restructuring Scheme is on target and will be table out again in our EGM around Nov – Dec 2023. White Knight will come end of this year or early next year. Formal Letter has been received in Feb 2023. Detail on White Knight will be announced when SE secured the target milestone. Board is confidence to resolve current debt and confidence to exit PN17.
Just be patience and continue let our honest and hard working PEOPLE in Sapura with RM 110 Billion Assets complete their work.
As a shareholder, all we need to do is to continue Goyang Kaki after all these 13,000 employee in 20 countries, such as China, Australia, United States of America, Western Africa and the Middle East are working for us...
Most of people always think like this.. when price is low and low risk, people think there might come down again and dont want to take the risk. but when price moves up, then they only follow with much higher risk to take... lol
I bought Sapura at 0.035/0.04 as the most I lost will be 0.035/0.04 per share only but the potential is much more than 0.035/0.04 as I have full confidence in Sapura.Currently at 0.06,I am making some good profit but still waiting for it to go up higher.
For those of you who always talk bad about SAPURA ENERGY, I was the same before. Everyone has Agenda. Otherwise, we will not waste our time here writing in SAPURA FORUM.
Before this, I bought 0.04. Bob told me SAPURA is RIP case, so i cutloss. Once I cutloss I DO NOT WANT Sapura to recover. OF course! that will make me look stupi* Eventually, Sapura not RIP. But i'm the one who RIP.
So my advise to naysayer, if u dont like Sapura dont be like me. stop wasting your time comments here everyday. If u have no shares, u're wasting time only. If cutloss at bottom or miss the boat. Its okay. there are 1000+ counters in BURSA.
Bank n Analyst...all is Hantu or Tuhan.....!!! When market Drop..a few days they said Market Future is Looking Bad...When Market Up more ..They said Market is Positive......
i agreed many PN17 companies in Bursa's are gone case. The owners had no interest to save the PN17 companies anyway. If any, i hope AA and Sap Energy would be different. I believe Tony tries to save AA and Anuar tries to save Sap Energy because of money pumped in by government. I have dealt with Sap Energy for over 10 years and in my opinion Sap Energy is run by capable low and middle management. The problem was with top management. This not only happened in Sap Energy or GLCs but also in most Bursa listed companies. What justified Lim Kok Tai's exorbitant salary package? That's why i prefer the American way. Big pay package from share options which only can benefit if the share price performed. In Bursa, companies no need performed and the CEO can make tons and that's not only exclusive to GLCs. Malaysia is on the way down. Most forumers here chanting Sap Energy are simply gamblers who have no interest in Sap Energy's survival. As long as the price reach their target. Which many settled for 0.055 and 0.06 and these people think they are smart. Indeed, this should be profit take level if there is no actual hope for Sap Energy. If yes, these people who chanted confident when Sap Energy was 0.035 will be the naysayers from now forward
This article first appeared in The Edge Malaysia Weekly on August 14, 2023 - August 20, 2023
THE trading volume of Practice Note 17 (PN17)-classified Sapura Energy Bhd (SEB) has picked up over the past couple of weeks, prompting market watchers to suggest the emergence of new shareholders in the oil and gas service provider.
However, a fund manager says he is sceptical of ADNOC or any other large oil and gas outfit buying into SEB as it is in the cash-strapped PN17 category.
“Maybe after SEB’s restructuring (slated for November this year) and after it exits PN17, I would believe ADNOC or any other party buying in, for now I have my doubts on the likelihood of ADNOC or anyone buying in,” he says.
SEB’s share price hit its 52-week low of three sen on May 24 but had rebounded by 50% to close at 4.5 sen last Friday for a market capitalisation of RM719.1 million. At current exchange rates, SEB is trading at less than one US cent a share. This is in stark contrast to the company’s total assets of RM12.84 billion as at end-April this year.
Despite its huge asset base, SEB has seen better days. For its first financial quarter of FY2024 ended April 30, 2023 (1QFY2024), SEB made a net profit of RM146.09 million from RM951.73 million in revenue. For the corresponding period a year ago, SEB raked in a net profit of RM91.93 million from RM886.08 million in revenue.
Net profit in 1QFY2024 received a shot in the arm from foreign exchange gains that amounted to RM217.62 million.
As at end-April this year, SEB had cash, deposits and bank balances of RM840.19 million, and short-term debt commitments of RM10.77 billion, and no long-term borrowings.
To put things in perspective, SEB’s finance cost for the three months ended April this year was RM185.08 million, up from RM125.39 million in the corresponding three months a year ago. Annualising its finance cost would indicate that FY2024’s interest payments would amount to RM740.34 million.
SEB also had accumulated losses of RM16.67 billion, resulting in a shareholders’ deficit of RM3.35 billion as at end-April, 2023. SEB’s net liabilities per share was 21 sen for the period in review.
A source familiar with developments at SEB says almost all its major assets have locked in charter contracts, which means it should be generating profits, and all the previous contracts that were difficult to honour — because of low margins or other challenges — have been renegotiated.
Meanwhile, SEB’s largest shareholder, PNB, must be watching the events with bated breath, as it had taken a hit from its foray into SEB. PNB came to have a 40% stake in SEB after the oil and gas company made a cash call in 2018 to raise RM4 billion — RM3 billion from a five-for-three renounceable rights issue at 30 sen each, and RM1 billion via a two-for-five renounceable rights issue of new Islamic redeemable convertible preference shares at 41 sen each. PNB took up unsubscribed rights shares, resulting in its shareholding ballooning to 40% from 12.6%, making it the largest shareholder.
PNB pumped RM2.68 billion into SEB, over and above the amount utilised for it to accumulate the 12.6% it already had in SEB prior to the cash call. PNB’s 40% stake as at SEB’s close last Friday is worth RM287.64 million.
The only reason i am holding + buying (last week) is Sapura is too big to fall... if Sapura falls, thousands of employees and sub contractor and suppliers will all gone crazy... and also PNB is the biggest shareholder which government dont think will see this happens.
I am willing to take the risk and hope for the best.. its our own money and we are matured enough to measure the risk level... Have your own judgement... happy trading :)
Nothing is too big to fall. Even a 233 years old Barings Bank fell due to rogue trader. Comparing Barings Bank with Sapura in terms of magnitude and administration, Sapura is nothing.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Elaphe
346 posts
Posted by Elaphe > 2023-08-14 11:04 | Report Abuse
You wana know what makes it up...the past whole week. Call me Sifu Elaphe, I will explain.