Posted by Huangbk72 > 2023-11-24 10:00 | Report Abuse

ConMabel

Changed story again?

First.. I bought in 2013, sell in 2020

Failed and change again to now keep 10 years?

When you will post honestly in i3?

😂😂

Posted by TalkNumberOne > 2023-11-24 10:07 | Report Abuse

Hahaha Mabel doesn’t matter with dead corpse or what? Siao lang confirm lost in stock market or his life with his sad face mentality.

Posted by Huangbk72 > 2023-11-24 10:10 | Report Abuse

Win or loss is common..

What is not common holding a dead stock.

😂😂😂😂

Posted by Mabel > 2023-11-24 10:46 | Report Abuse

TalkNumberOne Hahaha Mabel doesn’t matter with dead corpse or what? Siao lang confirm lost in stock market or his life with his sad face mentality.
24/11/2023 10:07 AM

Touche Talk#1!...hihihi

Posted by Mabel > 2023-11-24 10:48 | Report Abuse

Let see how we compare the turnaround prospect between Auntie Huang's Femes PMCORP and Mabel’s Beautiful Sapnrg..

PMCORP is an investment holding company that operates mainly in the food segment, manufacturing, exporting, marketing and distributing chocolate and confectionery products. Sapnrg is an integrated oil and gas services and solutions provider that operates in the engineering and construction, drilling, and energy segments.

Both companies have faced challenges in 2020 due to the Covid-19 pandemic and the plunge in oil prices. However, they have also shown some signs of recovery and improvement in 2021.

For PMCORP, the company reported a net profit of RM1.9 million for the fourth quarter ended June 30, 2021, compared to a net loss of RM3.6 million in the same period last year. The company attributed the turnaround to higher sales volume and better margins from its food segment, as well as lower operating expenses and finance costs. The company also declared a dividend of 0.5 sen per share for the financial year 2021, the first time since 2018 while Auntie Huang was hibernating like Monk. The company has also disposed of a property in Shah Alam for RM41 million in cash, which will boost its cash flow and reduce its gearing ratio.

For Sapnrg, the company reported a net profit of RM97 million for the second quarter ended July 31, 2021, compared to a net loss of RM815 million in the same period last year. The company attributed the turnaround to higher revenue from its engineering and construction and drilling segments, as well as lower impairment losses and finance costs. The company also secured new contracts worth RM1.4 billion for a gas complex project in Angola, which will enhance its order book and future earnings visibility. The company has also reduced its net debt by RM1.6 billion in the first half of 2021 and aims to achieve a net debt to equity ratio of below 0.5 times by 2023.

Based on the above, Mabel would say that both PMCORP and Sapnrg have shown positive turnaround results in 2021, but Sapnrg has a stronger turnaround potential than PMCORP, as it has a larger and more diversified business portfolio, a higher and more stable revenue base, a bigger and more secured order book, and a more aggressive and achievable debt reduction plan.

To Our Success!

Captain Mabel Meow

Posted by Huangbk72 > 2023-11-24 10:48 | Report Abuse

Hahhaaha

Since no one interested in SAP anymore.. I help entertain and keep thread active..

If not really.. SAP after wake 700 days.. go straight underground

😂😂😂

Posted by Huangbk72 > 2023-11-24 11:19 | Report Abuse

Hahhaa.. nice one Racist Auntie Felicia

U apologized yet to Macgyver ? Too big ego ka ?

😂

Posted by Huangbk72 > 2023-11-24 11:30 | Report Abuse

Of course joke to you.. not to the one receiving it.

That’s how Racist work.

U forgot MacG diu u? He didn’t take it as a joke

Posted by Nhamir > 2023-11-24 15:57 | Report Abuse

where dato' T20/bangsawan datok2
dont any news? good news or bad news?

Posted by Mabel > 2023-11-24 21:31 | Report Abuse

Haha Dato T20 very confident like Mabel...

We can continue Goyang Kaki here...

With 5 sen, Sap is Very Green in the portfolio...

Today both Mabel PN17 Turnaround Companies is so Green today..

Life is so beautiful...

Meow

Posted by TalkNumberOne > 2023-11-25 09:46 | Report Abuse

😂😂😂 siao lang you really got nothing else to do except forum. Sad uncle la, put your sad face aside maybe your family will take you back la. I bet now they hope they can serve you in a silver platter to your neighbour old Wong hahahhaha.

Posted by TalkNumberOne > 2023-11-25 12:16 | Report Abuse

Aiyo Felix kena flag again. Haha funny la you. Siao lang doesn’t like you Felix, siao lang only like neighbour old Wong.

Posted by TalkNumberOne > 2023-11-25 14:33 | Report Abuse

Hahaha Felix. Neighbour old Wong can have 2 x entertainment also ma. Siao lang and his weird fantasy of likes to be bashed by people and begging everyday to be my pet. I am sure neighbour old Wong can lend a hand here

Posted by TalkNumberOne > 2023-11-25 14:34 | Report Abuse

Today not bad performance siao lang didn’t appear and waste time here. Maybe he is enjoying his moment with old wong

Posted by TalkNumberOne > 2023-11-25 14:35 | Report Abuse

But be prepared after old Wong whack his sore sssssss. He will come back with a vengeance

Posted by SinGor > 2023-11-25 18:40 | Report Abuse

SAP may surprise with a strong up-tick in Profit in coming Qr bcos profit will Not pull-down by Forex loss..Palm-oil
Exporting Co like IOI didnT report forex loss....Earnings not capture last Qr will be reported this Qr and across
the Board Bursa Report until Friday indicate Raw Material Inflation is sliding Downwards

Posted by Nikmon > 2023-11-25 20:47 | Report Abuse

The key is still restructure, the EGM also no sound, deal with creditor by end of the year....

Posted by BobAxelrod6868 > 2023-11-26 07:08 | Report Abuse

No reply from Bursa yet.......not enough submission of A4 papers??????

Extension for how long??...just delay cremation.......No extension, earlier burial date.

Posted by TalkNumberOne > 2023-11-26 09:04 | Report Abuse

Hahaha so early la siao lang, Woi RIP as claimed by you for a year, still no happen? Now you busy body extension? Only submitted for a week or so not even one year, go ask the sad face in the mirror where is 1 sen and RIP first.

Posted by TalkNumberOne > 2023-11-26 09:05 | Report Abuse

After RIP achieved then you can start to ask about where and where extension.

Posted by BobAxelrod > 2023-11-28 07:35 | Report Abuse

Already 1 month after submission of A4 papers.........still no reply from Bursa on extension......nice!

Posted by BobAxelrod > 2023-11-28 07:59 | Report Abuse

Could be a shorter few months extension to coincide with expiry of RO.........or it may not be given any extension at all......Great!!!

Posted by TalkNumberOne > 2023-11-28 08:21 | Report Abuse

hahaha Felix is back 😂😂 Felix vs siao lang

Posted by Mabel > 2023-11-28 11:52 | Report Abuse

Oil is often a subject of subsidy because governments want to protect consumers by keeping fuel prices low, but this comes at a high cost. Subsidies have negative effects on fiscal balance, economic efficiency, environmental quality, and social equity. Subsidies also encourage oil dependence and reduce incentives for energy conservation and innovation.

Sap is definiely a national asset. Besides having an asset of more than RM 110 billion, what Mabel like about Lady Sapura is their fantastic funnel list. SE follow Mabel footstep to tap the lucrative World Market instead of being too dependent on Malaysia.

More than 85% of potential business is coming outside Malaysia. Imagine when SE is out of PN17, the funnel list has a huge potential to grow since they will not be tied down to their current limited working capital.

Posted by Mabel > 2023-11-28 11:53 | Report Abuse

https://ceomorningbrief.theedgemalaysia.com/2023/0676/

It's on front page news..

Posted by Mabel > 2023-11-28 22:02 | Report Abuse

According to my search, Permodalan Nasional Berhad (PNB) has subscribed in full to the Islamic redeemable convertible preference shares (RCPS-i) of RM1 billion issued by Sapura Energy Berhad.

Does anyone know what will happen after 23rd January 2024 for those unsubscribe shares? Will PNB absorb it?

Posted by Mabel > 2023-11-28 22:04 | Report Abuse

This article first appeared in The Edge Malaysia Weekly on November 29, 2021 - December 5, 2021

IN September 2018, debt-ridden oil and gas company Sapura Energy Bhd announced that Permodalan Nasional Bhd (PNB) had committed to taking up any unsubscribed rights shares, which would nudge the state-controlled unit trust company’s shareholding up to 40% and make it the largest shareholder of the company.

PNB’s stake in Sapura Energy, held under its various funds, was only 12.16% before the rights issue. It also fully subscribed for the latter’s Islamic redeemable convertible preference shares (RCPS-i), which were part of a RM4 billion cash call — RM3 billion from a five-for-three renounceable rights issue at 30 sen per share, and RM1 billion via a two-for-five renounceable rights issue of new RCPS-i at 41 sen each.

https://theedgemalaysia.com/article/cover-story-pnbs-investment-ailing-sapura-energy

Meow

Posted by Nikmon > 2023-11-28 22:36 | Report Abuse

PNB won't convert, not making business sense, can it redeemable, regardless which move it take, PNB going to making huge loss I think.

Posted by Nikmon > 2023-11-28 22:39 | Report Abuse

Bursa neither reject or accept the extension request SAP, Bursa just silent but due date near, 2 days left

Posted by Mabel > 2023-11-28 22:52 | Report Abuse

Noted and thanks Nikmon..

Mabel takeaway is simple based on the above article...

PNB’s stake in Sapura Energy, held under its various funds, was only 12.16% before the rights issue. It also fully subscribed for the latter’s Islamic redeemable convertible preference shares (RCPS-i), which were part of a RM4 billion cash call — RM3 billion from a five-for-three renounceable rights issue at 30 sen per share, and RM1 billion via a two-for-five renounceable rights issue of new RCPS-i at 41 sen each.

In simple term that's PNB cost without taking into account of the 12.16% before the right issues is between 30 to 41 sen per share. As long as Mabel's cost is below (way way below) the PNB Cost, Mabel can continue to Goyang kaki...

To Our Success!

Meow

Posted by BobAxelrod33 > 2023-11-29 07:36 |

Post removed.Why?

Posted by BobAxelrod33 > 2023-11-29 12:10 | Report Abuse

Selling Q has increased to 100 millions shares, too few EXITS for suiyee sucker bilis soon......

Posted by BobAxelrod33 > 2023-11-29 12:15 |

Post removed.Why?

Posted by BobAxelrod33 > 2023-11-29 12:20 |

Post removed.Why?

Posted by TalkNumberOne > 2023-11-29 13:18 | Report Abuse

haha siao lang finish getting violated by neighbour old Wong or finish violating old Wong? Whichever it is you bo tak chek mana sekolah lu?

Posted by TalkNumberOne > 2023-11-30 07:31 | Report Abuse

siao lang so quiet. Haha 😂😂😂😂 scared his prediction wrong again Ah? Don’t need scared la you got a proven track record. 100% wrong accuracy. I don’t know how you maintain that 100% wrong prediction. You just need to switch over on the e other side you become 100% right

Posted by Elaphe > 2023-11-30 09:48 | Report Abuse

The price has not move at all. Felix barking day and night..

Posted by TalkNumberOne > 2023-11-30 10:18 | Report Abuse

Haha this siao lang pretender, who barks for more than a year and price no move? Suddenly Felix kena pula. Use la brain. Nak showoff tapi bo tak chek, mana sekolah lu?

Posted by BobAxelrod33 > 2023-11-30 10:31 | Report Abuse

Cham lor...Bursa doesn't give reply to Extension.....maybe wants to give Suspension of Trading soon.

Posted by badprecedent > 2023-11-30 10:32 | Report Abuse

talk no.1 still talking nut, we here bagging big

Posted by TalkNumberOne > 2023-11-30 12:25 | Report Abuse

Haha bulan, let siao lang talk big. When announcement made, siao lang will either change the goal post or go hiding. 😂😂😂

Posted by TalkNumberOne > 2023-11-30 12:26 | Report Abuse

Bulan your Chinese name is 八月十五？ hahaha that one siao lang punya very sore wo. Sore ssssssssssss

Posted by BobAxelrod33 > 2023-11-30 13:52 | Report Abuse

Wait for it.....wait for the announcement.....to be suspended from trading........

Posted by Felix666888 > 2023-11-30 14:00 | Report Abuse

Will be extended. After extension price flying to the sky.

Posted by BobAxelrod33 > 2023-11-30 14:01 | Report Abuse

Extension can suddenly make all the 15+ Billions Debts disappear?????.....mana sekolah lu?

Posted by Mabel > 2023-11-30 14:03 | Report Abuse

#MrHuangBK Wake service 700days+ still in effect.

Shhh.. a moment of silence for those stuck here 1 year

Next week QR Should be out.. no 2nd guessing if compared to Velesto QR

😏
30/11/2023 10:35 AM

Haha Auntie Huang, selective memories again..

Mabel forgive you since you are 72 years oledi..

Let Mabel refresh your selective memories...

Only 180 days mah as Mabel has been and out of this battleship..

Unlike Auntie...10 years waiting in PMcorpes..hihihi

Thank you Abbot and Castello for the hard work..

Captain Mabel Meow

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

May 25, 2023 5:04 PM | Report Abuse

Haha selective memories again..

Haha wang to hear some facts?

Mabel made 800% Profit in PN 17 Barakah
ConHuang lose 60% in Non PN 17 Corpse..Hihihi...

Which is better?

Haha now you know why some 72 years Old Man so jeles and follow Mabel across i3 and walk 3 steps behind Mabel with half bakes stories

Today Mabel's hair blonde oledi after collecting Mabel 3 sen

Now placing another queue at 2.5 sen..

Let's see how long ConHuang can bring it down with his Graveyard morning star stories..

Meow

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

May 15, 2023 11:16 AM | Report Abuse

Haha let see if some nice Uncles and Aunties are kind enough to sell to Mabel at 3 sen today...

Mabel Blonde hair turn white oledi waiting for this 3 sen

Meow

Posted by Mabel > 2023-11-30 14:04 | Report Abuse

10 years with dead corpses....sure finish one..hihihi

Posted by BobAxelrod33 > 2023-11-30 14:08 |

Post removed.Why?

Posted by Mabel > 2023-11-30 14:11 | Report Abuse

Thank you Abbot and Castello for the hard work..hihihi

Posted by BobAxelrod33 > 2023-11-30 14:13 |

Post removed.Why?