Posted by TalkNumberOne > 2023-10-21 11:56 | Report Abuse

Hahah Felix why worry to prove your point. Let siao kia worked out la. Again 100% of his prediction went wrong, because of his ego now he needs to make another prediction and then got thrown on the face again with wrong prediction. There the cycle goes forever predict forever wrong forever sad face forever doubt himself and then predict again

Posted by TalkNumberOne > 2023-10-21 11:57 | Report Abuse

Dumbo didn’t realise if you don’t predict there is no way to prove you wrong. When you predict you draw yourself out for judgement.

Posted by Felix999 > 2023-10-21 12:00 |

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Posted by Felix999 > 2023-10-21 12:19 | Report Abuse

This counter 100% got syndicates or shark goreng else who push down to 0.045 then sekali gus makan all 500k lots at 0.05 sell queue?

Posted by BE_GREEEEEDY > 2023-10-21 12:35 | Report Abuse

Don''t be Pond*n
BE GREEEEEDY WHEN ASSSHOLE IS SHIVERINGG
Can't wait MONDAY.....JOLLY GAP UP $$$$$

Posted by BE_GREEEEEDY > 2023-10-21 13:38 | Report Abuse

elix999@
This counter 100% got syndicates or shark goreng else who push down to 0.045 then sekali gus makan all 500k lots at 0.05 sell queue?
,-----
actually a lot@ ,,,wallap 5.5 sen before closing friday.....as a warning shot ofBIG GAP UP THIS MONDAY....,$$$$$

Posted by Sslee > 2023-10-21 13:40 | Report Abuse

Let do the math:

Sapura Energy has filed a new proposal to restructure its RM10.3 billion debt owed to nine lenders grouped under financiers of its MCF facilities. The group owes another RM5.12 billion to its vendors.

The debt restructuring, facilitated by the advent of the white knight, would see a capital injection of up to RM1.8 billion into the Sapura group through a subscription of redeemable convertible loan stock, according to the court document.

The proposed share consolidation would see, among others, 20 Sapura Energy shares converted into one. The company will then issue 500 million shares at RM1 each to its MCF creditors as part settlement of the amount owed.

The group also proposed the issuance of ICUIDS worth RM1.5 billion to its MCF creditors as part settlement of the debt owed.

It is also considering the sale of some of its assets, including its remaining 50% stake in SapuraOMV for RM2.25 billion, which will be used to pay off some of its debts.

Total cash raised: (1.8 + 0.5 + 1.5 + 2.25) = RM 6.05 billion

There after Sapura Energy said it would be able to settle about RM4.75 billion of its borrowings within seven years through asset disposals and cash proceeds generated from existing and new contracts.

That can only mean lenders and vendors still need some haircut.

Posted by Sslee > 2023-10-21 13:44 | Report Abuse

It is still a lot better than AAX 0.5 sen for every dollar owed.

Posted by Felix999 > 2023-10-21 13:47 |

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Posted by Sslee > 2023-10-21 13:56 | Report Abuse

DSAI already bailout LTAT and Tabung Haji which cost tax-payers multi-billion.
Why not bailout SAPNRG too with RM 15 billion government soft loan?

Posted by TalkNumberOne > 2023-10-21 14:39 | Report Abuse

Felix, what you and sslee did? Siao Kia hiding inside his hell level 180 don’t dare to talk also. I think last night his sore sssss prevent him from sleeping now still couldn’t wake up. Hahahaha now that he is quiet I missed his joke

Posted by Felix999 > 2023-10-21 15:04 |

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Posted by TalkNumberOne > 2023-10-21 15:18 | Report Abuse

haha he won’t have a chance to swallow also when the rocket shoots his balls kecut blaming himself why so dumb didn’t buy. Waste so much time talking and observing but can’t earn a dime

Posted by BE_GREEEEEDY > 2023-10-21 16:14 | Report Abuse

Be considerate...assshole is so risk averse....70 ++ old fashioned grandpa .better for him to park his left over money in bank FD for a never failed chicken feed 3 % , after 365 days@1 year...

Posted by TalkNumberOne > 2023-10-21 17:04 | Report Abuse

Hahahaha greedy that also must have money left. This siao kia lost all his money in bursa how to even put in bank. Last I check hellnote acceptable yo

Posted by BE_GREEEEEDY > 2023-10-21 19:00 | Report Abuse

very sad / sorry on hearing the financial health of our fren Mr Assshole a k a Bob...Nobody thought he was wiped out....Better check homeless area around Penang Komtar Bus Station , or KL Pudu Raya ,/ Kota Raya....Be Kool put a palacard/ sign....Bob the Sapnrg for our kind forummers to treat him@Kepci-Mekdi

Posted by Felix999 > 2023-10-21 21:00 |

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Posted by Mabel > 2023-10-21 22:49 | Report Abuse

#Felix999 What wrong which this?? This formula is came from RHB IB report.
This is the way!
Statement formula:
Payoff 4.75b immediate due debts:
White Knight 1.8b
Sapura OMV disposal 2.865b (50% of RM 5.73B)
Total 4.665b
Another RM 0.085B or RM 85 million only coming from internal generated fund, Sap Sap water lah!!
It is not required to settle all 15b at once. Just the immediate due RM 4.7B.
Are you guys want to convert Sapura Energy to a net cash company?? Lolz
21/10/2023 10:25 AM

Sound Good to Mabel. Nothing wrong with this Formula. That's why Mabel can continue to Goyang kaki.

The lesson of the story here is before we invest, we need to make sure we have holding power and there's 2 sides of this. One is from emotional angle. One of the key to make it easy on the emotion is to do homework and position size. The other one is from practical angle. Are you okay in terms of cash flow? Do you really don't need the money you are investing? Or do you expect this to be a quick 6 months investment? Because sometimes when you are in a desperate need of money, you may need to sell your shares even at a loss. So if you are OK with all 3, you can continue Goyang Kaki...

Enjoy your well deserve weekend Guys..
Captain Mabel Meow

Posted by BobAxelrod33 > 2023-10-22 07:31 |

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Posted by Felix999 > 2023-10-22 08:45 |

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Posted by Felix999 > 2023-10-22 08:49 |

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Posted by BobAxelrod33 > 2023-10-22 08:56 |

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Posted by SinGor > 2023-10-22 08:58 | Report Abuse

https://www.reuters.com/markets/deals/mubadala-inpex-among-suitors-malaysias-sapuraomv-12-bln-deal-sources-2023-10-20/

Posted by BobAxelrod33 > 2023-10-22 09:01 |

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Posted by Felix999 > 2023-10-22 09:06 |

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Posted by BobAxelrod33 > 2023-10-22 09:16 |

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Posted by BobAxelrod33 > 2023-10-22 09:22 |

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Posted by Felix999 > 2023-10-22 09:22 |

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Posted by SinGor > 2023-10-22 09:24 | Report Abuse

SAP got 5 billion ringgit next year---Really donT what to Do?---Maybe selling some platforms to Genting and
open new casino with SAP as minority shareholder

Posted by BobAxelrod33 > 2023-10-22 09:30 |

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Posted by Felix999 > 2023-10-22 09:35 |

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Posted by SinGor > 2023-10-22 09:39 | Report Abuse

Only shareholders can give comment here----non-shareholder(s) must ask permission to speak!! Who give
Oldman Bob to speak---Remove Shirt and Pant ( new board meeting style as AA )

Posted by BE_GREEEEEDY > 2023-10-22 09:40 | Report Abuse

Morning Mr Assshole.....
glad you are charging n kicking again
hmmm....can''t wait Monday $$$$$
BIG GAP UP 9 AM
MOM Sapnrg 10 SEN , DOTER WA 6 SEN
Assshole ?....Bang head on the WALL 10 X

Posted by BobAxelrod33 > 2023-10-22 09:44 | Report Abuse

You have been saying 7c, 10c the past several months......WHEN CAN HAPPEN????

Maybe the Gap up could be the gap at your behind????

Posted by BobAxelrod33 > 2023-10-22 09:52 |

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Posted by BE_GREEEEEDY > 2023-10-22 09:53 | Report Abuse

Kool it Mr Bob ...a k a hmmm....Asss(?)...
It will be tomorrow...D Day .God Willing
Bye bye 5 sen ....Welcome $$$$$
with OIL expecting to hit USD 140 soon - JOLLY DAYS AHEAD FOR OUR DARLING SAPNRG $$$$$

Posted by BobAxelrod33 > 2023-10-22 10:03 | Report Abuse

Your..."Tomorrow Never Comes"...is so True.

Posted by SinGor > 2023-10-22 10:09 | Report Abuse

Director can makes New rules---all non-shareholder has follow. Okay give face to Bob ( no-pant First )
have to check whether he is Homo-Sapien Or Snake people

Posted by BobAxelrod33 > 2023-10-22 10:20 | Report Abuse

Already double confirmed....you never wonder why your children looks like me?

Posted by waseong > 2023-10-22 10:30 | Report Abuse

Malaysia’s Bid for Energy Dominance: Prime Minister Courts Saudi Investment
Story by Asim Khan • 15h


n the grand halls of power in Saudi Arabia, a Malaysian delegation, led by Prime Minister Anwar Ibrahim, has been on a mission. The goal: to convince Saudi officials and business leaders to funnel their investments into Malaysia, a country eager to play a central role in the oil and gas development of Southeast Asia. Anwar, who also holds the position of Finance Minister, met with key figures from Saudi Arabia’s commerce and energy sectors, including Dr Majid Abdullah Alkassabi, the Minister of Commerce, and Amin H Nasser, the President and CEO of Saudi Aramco, the world's largest oil and gas company. (Read Also: Malaysia Records Improvement in Air Quality: A Beacon Amidst Global Pollution Challenges)
With the backing of his team – the Foreign Minister, Datuk Seri Dr Zambry Abd Kadir; the Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz; and the Malaysian Ambassador to Saudi Arabia, Datuk Wan Zaidi Wan Abdullah – Anwar sought to cultivate an environment conducive to Saudi investment. The move comes in the wake of Aramco’s expressed desire to make Malaysia the hub of Saudi Arabian oil and gas development in the Southeast Asia region. The talks were described as promising, with results expected to be announced soon. Anwar also bore witness to the exchange of memorandum of understanding documents between Malaysian and Saudi Arabian companies, signaling a strengthening of ties between the two countries.
ASEAN-GCC Summit and Beyond
This diplomatic endeavor was part of Anwar's working visit to attend the ASEAN-GCC Summit, a landmark meeting between the blocs of the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC). The summit, held for the first time since the two regional blocs established relations in 1990, aimed to bolster cooperation and optimize opportunities for bilateral trade and investment. Much is at stake. Saudi Arabia is Malaysia's largest trading partner among West Asian countries, with total bilateral trade between the two countries in 2022 amounting to US$10.26 billion, marking a hefty increase of 159.2 percent from 2021. (Read Also: Malaysia’s Crackdown on Call Centre Scams Unearths a Global Web of Deception)
Strengthening Ties and Creating Opportunities
As the ASEAN coordinator for the summit, Malaysia played a significant role in facilitating discussions and promoting cooperation. The cultivation of these relationships holds great potential for increased trade and investment, creating opportunities for Malaysian companies to export their expertise and capital to assist investments in GCC countries. It’s not just about oil and gas. The cooperation also encompasses projects related to real estate, technology, and aviation in both countries. The robustness of these ties, and the investments they might yield, are symbols of the seriousness and commitment of both Malaysia and Saudi Arabia to elevate their trade, investment relations, and cooperation to a new level. Prime Minister Anwar Ibrahim's visit to Saudi Arabia not only demonstrated Malaysia's commitment to attracting global investors but also underscored the country’s readiness to play a larger role in the world's energy sector. The discussions with Saudi Aramco and other Saudi Arabian companies suggest a growing interest in Malaysia as a hub for oil and gas development in Southeast Asia. As the world continues to grapple with shifting energy dynamics, these conversations are yet another reminder of the intricate web of global energy politics.

Posted by BobAxelrod33 > 2023-10-22 10:32 | Report Abuse

Ever wondered why Singapore which is NOT endowed with rich oil fields is make so much more profits selling refined petroleum products??????

Posted by BobAxelrod33 > 2023-10-22 10:36 | Report Abuse

Do you see Singapore Premier flying around the world trying to beg for crumbs???? Their FDI stays and grow.......where are yours????

Posted by BobAxelrod33 > 2023-10-22 10:38 | Report Abuse

Air Force One to Middle East...promises....Air Force One to China....promises.....Air Force One to USA....promises.....and the circle begins again.....Air Force One to Saudi......Super 7 Stars accommodations.....

Posted by TalkNumberOne > 2023-10-22 11:08 | Report Abuse

Aiyo siao kia so much grievance and so much love for Singapore Ah? Why you unnecessarily want to let people know who you are. Hahahaha hard to not belief you siao kia same person 100 IDs. Haha sore ssssssss tak boleh tidur waiting for Monday? Well I never give prediction, you are the one predicted 2 sens a year ago and change to 3 sens this year then now change to ask people proof 7 sens? Where is your honest fact and figures? All hidden inside your sore sssssss?

Posted by Felix999 > 2023-10-22 11:24 |

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Posted by BobAxelrod33 > 2023-10-22 11:30 | Report Abuse

Ok, meet me at KLCC west side McD in 20 minutes......

You see, the Liars always deviate from the crux of the issue which is WHY is Singapore without rich Oil fields making so much profits from refining petroleum????

Instead, they chose to twist away and curse the people for living in Singapore????

Real scumbags....rubbish of the society and destroyer of future Generations.

Posted by Felix999 > 2023-10-22 11:34 |

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Posted by BobAxelrod33 > 2023-10-22 11:36 | Report Abuse

You backing out of your lies now?? I am living in Singapore or KL??? You love to twist and turn for your convenience....

Degenerate scumbags always tell Fake news and lies...making up stories and then turn away when caught with pants down...

Posted by Felix999 > 2023-10-22 11:40 |

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Posted by Felix999 > 2023-10-22 11:59 |

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