Hello, fellow shareholder! I hope you're having a great day as well.
As of now, there hasn't been any recent update. You can refer to the CEO's latest statement where he mentioned that Sapura Energy Bhd is in the final stages of completing its restructuring scheme with lenders and trade creditors.
I shared with our fellow shareholders last week that the restructuring scheme with the creditors has been finalized. The banks have agreed to a haircut and an extension of the payment period.
We should keep an eye out for an official update from the management in the near future.
I have a strong intuition that Sapura Energy will soon exit its PN17 status. This could potentially serve as a significant catalyst for the upward movement of the share price.
The majority of SAPURA ENERGY key assets have secured charter contracts, implying that it should be generating profits. Additionally, all the previous contracts that posed challenges, mainly due to low margins or other issues, have been successfully renegotiated.
This is indeed a positive development, indicating that SAPURA ENERGY is effectively implementing its RESET PLAN.
As can be seen from the past few days purchasing of Sapura shares which are probably more than RM 20mil to 30mil,all these news are probably known by well connected investors or institutions.
look at Seacera up-liftment (pn17) price today. Last nite closing 20.5sen. Whatever initial price "jump", you multiply by 2 will be SAP uplifting price in November . Bcos Seacera is a "dead frog" from the beginning
Terima Kasih DatoT20 for your sharing. I don't think you are sharing insider information, as these are expected as per the CEO statement and also during the AGM (of course non-shareholder couldn't attend 😝 .....)
Individuals who aren't shareholders and those who engage in trolling often lack awareness of the company's latest developments, unlike us. Their knowledge seems confined to SAPURA ENERGY's 15 billion debt, PN17 status, RO expired, delisting, RIP and other negative aspects.
In contrast, we focus on staying informed about the Reset Plan's progress, advancements in debt restructuring, ongoing business operations of Sapura, and various other relevant updates.
DatoT20 Individuals who aren't shareholders and those who engage in trolling often lack awareness of the company's latest developments, unlike us. Their knowledge seems confined to SAPURA ENERGY's 15 billion debt, PN17 status, RO expired, delisting, RIP and other negative aspects.
In contrast, we focus on staying informed about the Reset Plan's progress, advancements in debt restructuring, ongoing business operations of Sapura, and various other relevant updates.
Fellow fighters and comrades. Be happy with these losers. Sad to say equity market is zero sum game, measure your self if you have made money then you need to thank them.
Their words won’t move me at all. Look at your bank account, if you make money, Take it as they have funded you financially and now doing free entertainment to make you feel good.
My net loss on this counter is equivalent to 1 year of my EPF contribution. Really sheet punya counter, even more sheet is me who follow my 'friend' tip. Lesson learnt...
wow... is the tip provider still your 'friend'? (hope that you are not referring to anyone in this forum as your 'friend')
1 year of EPF is a lot... hug hug.
the sheet is usually ourselves not the counter... (no one force you to buy it... and we are too lazy to do research... lack of common sense... follow tips or some 'frined's )
Posted by Aguera4444 > 1 hour ago | Report Abuse
My net loss on this counter is equivalent to 1 year of my EPF contribution. Really sheet punya counter, even more sheet is me who follow my 'friend' tip. Lesson learnt...
hi guys, since you have tan sri shamsul, azmi , ian, bernard, - looks like they really meant business. No impact call by me..............................Shiiih , quiet.
Just amputate all these gangrenous companies and start fresh, Dickheads! For decades, these are stubborn baggages, stunting progress due to their incompetency and entitlement.
O&G kompeni in other countries mainly untung besar and share price tegang unless major crisis. This kaunter, regardless minyak naik or turun also turun.
1.80bil White Knight Loan is really the most crucial factor that SAP can jump out of PN17....Pay off 1.5Billion "known Creditors"(Court Cluster) will save SAP on-going concern......As for Bank, maybe a small haircut like taking SAP Drilling Company Shares ( already proposed ) And roll-over 10billion loan . So how to raise operating Cash as on-going concern? I heard, a package deal that involved Gov guarantee ( one share ) and sell to foreign investor-----In a nutshell 1.80billion Loan is quite crucial but SAP ceo talks like it is a Done Deal in News media ( Year END off PN17 )
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....
daryltkt
675 posts
Posted by daryltkt > 2023-08-16 16:56 | Report Abuse
Interesting conversation among adult investors arguing like some small kids due to online anonymity.Keep it up😁😁