Already know Bobby knows NOTHING about SAP's Rigs.....The OLD rigs are sold as scrap iron ( Rigs bought by Shahril Father........Shahril bought SeaDrill for 8.6Billion in 2012 ( i think 8 or 10 Rigs )-----Heavy Impairment Loss during Covid Era is mainly due to Cold Stack these Drill Rigs
Although these Rigs are getting Older But nobody wants to invest $1 billion ( 4.25 billion Ringgit ) in New Rig. Day Rate should climb very rapidly in 2024---2026 as Oil is getting into Rare Commodity Category
heard the white knight inject huge fund into SAP and also going to buy stake in the company in order to control a few assets. Not sure the detail of it. Just heard the rumor.
Hahahha Felix, old Ah kua kena swallow big fat ego balls here then pretend missing go other place bising, little did he know, even there also kena kao kao. He came back lo. Old Ah kua a season loser no matter where he goes he is a loser
Last Qr SAP drilling revenue is RM130mil ( Old Rigs meh---One Year--- 520mil Revenue ) Given 2 New Rigs are commission in 2024 ( need atleast 7--11 New Rigs every year ---severe shortage of Rigs), DayRate will continue to Climb
How do you teach kids about Depreciation of Assets, especially machinery and automobiles? Rigs bought at Billions over 20 years ago can DOUBLE their Assets Value in the Books???.....laugh die you, Pon Pon Clown.
in Bolehland, there is no depreciation. 30 year old oil rigs value increase from RM10 Billion book cost to RM100 Billion real value just by signing certified valuation certificate on toilet paper
and also. Gobermen will always buy new oil rigs worth billions RM and give free to BURSA companies.
Depreciation is just a Account Number......Machine/Asset depends on Quality Made and Continue Upgrade and Or Good Upkeeping. Bcos Bobby only own a Bicycle, He doesnT know 30years Old Proton Saga still can run as Good as any Car with Good UpKeeping----Once Depreciate is Completed, every penny squeeze out OLD machine is Pure profit.----I cannot explain this bcos Bobby cannot even operate a Nasi Lemak store
On 18 August 2022 Sapura’s subsidiary, Sapura Drilling, signed a Memorandum of Agreement (MOA) for the sale of self-erecting tender-assisted drilling rigs Sapura T-19, Sapura T-20, and Sapura Setia built in 2010, 2014, and 2005, respectively.
Clearly and beyond doubts, this SinKarlan tak pigi sekolah........he doesn't even know what is Depreciation which accounts viz deterioration and wear and tear of machinery, resulting in diminishing Book Value......thus reducing NTA......
He has mixed up with the Return on Investments (machinery) and zero out the Cost of construction and Purchase.......
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...
Yeah loh, very soon only few trading days only until QR result and 1-Oct, if still no significant improvement on restructure progress, price may collapse, else it may skyrocket. Few days only hold your breath now temporary.
Haha Felix why so angry. Old Ah kua is right la so suey always lose. We bet against loser confirm win. And it’s a fact that this is 50% above when the suey king old Ah kua start making noise at 0.04
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....
UlarSawa
35,552 posts
Posted by UlarSawa > 2023-09-12 08:51 |
Post removed.Why?