SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.04

Trading Volume

18,372,200


80 people like this.

147,518 comment(s). Last comment by nicholas99 37 minutes ago

Elaphe

346 posts

Posted by Elaphe > 2023-12-02 13:54 | Report Abuse

Thanks alot. I kind of get it.
For the right issue, do I need to make any kind of confirmation via email.

Mabel

24,281 posts

Posted by Mabel > 2023-12-02 14:02 | Report Abuse

Yes, you have to if you like to subscribe..

TalkNumberOne

3,050 posts

Posted by TalkNumberOne > 2023-12-02 14:13 | Report Abuse

Hahaha another siao lang. pretending to be expert then don’t know how to deal with rights issue, lagi teruk don’t know how to deal with it but want to buy. 🤣🤣🤣 my only word don’t end up like siao lang buy high sell low then sad face and complain everyday. Worst still want to feel relevant by wasting time in forum

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 14:23 | Report Abuse

Posted by Elaphe > 3 hours ago | Report Abuse

I normally get out before a right issue but this time I am looking to buy. But I am not sure how it works. I just need to buy from my trading platform. Correct ? Or I need to attend some sort of meeting and send email reply to confirm the purchase. How it works?
It is saying 1 right issue with 1 warrant.



Posted by TalkNumberOne > 9 minutes ago | Report Abuse

Hahaha another siao lang. pretending to be expert then don’t know how to deal with rights issue, lagi teruk don’t know how to deal with it but want to buy. 🤣🤣🤣 my only word don’t end up like siao lang buy high sell low then sad face and complain everyday. Worst still want to feel relevant by wasting time in forum

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-02 14:39 |

Post removed.Why?

Elaphe

346 posts

Posted by Elaphe > 2023-12-02 15:41 | Report Abuse

OK thanks guys.

Mabel

24,281 posts

Posted by Mabel > 2023-12-02 21:51 | Report Abuse

Elaphe Proposed Rights Issue with Warrants--- Mabel how this works ?
02/12/2023 7:58 AM

Elaphe Dear,

Since no help you with this question, let Mabel try to explain based on Right Issues and Warrant that was offered by Serbadk Dinamik in 2019. Mabel came into Serbadk when it was a Blue Chip as a replacement to KNM to complete her E2E Battleships collection in the down stream business.

In 2019, the company proposed three corporate exercises to enhance its share capital and reward its shareholders:

A share split involving the subdivision of every two existing ordinary shares into three subdivided shares. This would increase the number of shares from 1.32 billion to 1.98 billion, and reduce the share price proportionately to make it more affordable and attractive to investors since Serba price was expensive at that time

A bonus issue of up to 881.1 million new shares on the basis of two bonus shares for every five subdivided shares held. This would increase the share capital from 1.98 billion to 2.86 billion, and reward the existing shareholders with additional shares without any cash outlay.

An issue of free warrants of up to 881.1 million warrants on the basis of two warrants for every five subdivided shares held. Each warrant would entitle the holder to subscribe for one new share at an exercise price of RM2.62, which is a 10% discount to the theoretical ex-price of RM2.91 after the share split and bonus issue. The warrants would have a tenure of five years from the date of issue.

The share split, bonus issue, and free warrants were completed on Dec 6, 2019, and the new shares and warrants were listed on the Main Market of Bursa Malaysia on Dec 12, 2019.

The free warrants were issued with the stock code SERBADK-WA and the stock name SERBA DINAMIK HOLDINGS BERHAD - WARRANTS A 2019/2024. When it was listed it was traded at 60 sen. Mabel decided to keep this Free Warrant as token after making lots of money in this counter.

Meow

Elaphe

346 posts

Posted by Elaphe > 2023-12-02 23:10 | Report Abuse

The warrant will normally issued at higher price to the current stock price, correct ?
As soon the share price rises above the warrant, then we can just use the warrant and convert it to cash. Correct ?

Mabel

24,281 posts

Posted by Mabel > 2023-12-02 23:48 | Report Abuse

Yes Elaphe Dear..

Have a nice weekend...

Meow

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 08:38 |

Post removed.Why?

TalkNumberOne

3,050 posts

Posted by TalkNumberOne > 2023-12-03 12:17 | Report Abuse

Hahaha this elaphne is ular. 😂😂😂 why waste time explaining to the pretender who claimed he knows everything

TalkNumberOne

3,050 posts

Posted by TalkNumberOne > 2023-12-03 12:20 | Report Abuse

Only one siao lang in the entire forum will give a statement and ask a question. You are siao lang, correct? What a dumbest person in the entire world, when you know something don’t ask a question, when you don’t know something don’t open your mouth. Siao lang is siao, correct? 🤣🤣🤣🤣🤣🤣

Elaphe

346 posts

Posted by Elaphe > 2023-12-03 13:41 | Report Abuse

Ahyo This talking number 1. I already say this thing will not have movement for sometime. Day night talking all kind of syok sendiri kind of stuff. See my profile, I am beginner with 33 following. I doubt you have so much following.

Elaphe

346 posts

Posted by Elaphe > 2023-12-03 14:19 | Report Abuse

Thanks alot Meow Meow. No wonder the Huang always 2 steps behind you. Stpid people talk all kind of syok sendiri stuff and went into total lost at PM Corp.

Mabel

24,281 posts

Posted by Mabel > 2023-12-03 15:30 | Report Abuse

Elaphe Thanks alot Meow Meow. No wonder the Huang always 2 steps behind you. Stpid people talk all kind of syok sendiri stuff and went into total lost at PM Corp.
03/12/2023 2:19 PM

Cheers Elaphe!

Meow Meow Meow

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-03 15:34 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-03 15:40 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-03 15:48 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-03 16:31 | Report Abuse

Suspecting Bursa is already feedup....maybe final 2 months and close shop.....wasted all the A4 paper used in submission.....Green Earth, save paper, save water........No more A4 paper to be delivered to their office for wastage.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-03 17:04 |

Post removed.Why?

i3lurker

14,530 posts

Posted by i3lurker > 2023-12-03 17:12 | Report Abuse

no worries
I will propose for the RO to be extended for 99 years.
BURSA regulations to be amended, no need PN7 application.

Ular to be appointed as CEO for RM80 million a year tax free coffee money with Bugatti Veyron, Aircraft Carrier and 737 Max plus 32 female secretaries, 1 for each day plus 1 spare tire.

TalkNumberOne

3,050 posts

Posted by TalkNumberOne > 2023-12-04 08:40 | Report Abuse

😂😂😂 siao lang satu kali caught with pants down cannot tahan Ah? Noob don’t pretend pro la. Please la. If you are confuse like all the time, I can assure you stay away from the market. Even a 3 years old boy will do better than you on a stock market.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 08:52 |

Post removed.Why?

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-12-04 09:06 | Report Abuse

MEOW in CLOSET >> Shiveringgg.....
with her TalkKoqNo1

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 09:08 | Report Abuse

What happened to the250 millions 4.5c Q buy?????

Bursa's News on the way!!!!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 09:11 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 09:19 | Report Abuse

Doesn't look like Bursa would allow 6 months extension, maybe 2 months just enough time for Last Supper before electric chair.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 09:21 | Report Abuse

For the Last Supper, you are allowed to wish for what you want your meal to be.......gomen would oblige.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 09:25 |

Post removed.Why?

Mabel

24,281 posts

Posted by Mabel > 2023-12-04 10:00 | Report Abuse

Quote of the week

“All intelligent investing is value investing, acquiring more than you are paying for. You must value the business in order to value the stock.”

Charlie Munger Meow

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 10:04 | Report Abuse

Worst quote of the Year 2023 :

Stony is 4 steps ahead of Musk.....

Only someone from Tj Rambutan say utter such rubbish.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 10:07 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-04 11:36 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-04 11:39 |

Post removed.Why?

TalkNumberOne

3,050 posts

Posted by TalkNumberOne > 2023-12-04 12:06 | Report Abuse

Hehehe, one post enough to make siao lang waste so much time here. Loving it. Haha somemore no read wo. Wahhahahahahahahahaha you change back to laugh die yourself better la. Why listen to me? The only reason you pretend no reply to me because you obedient like a pet dog.🤣🤣🤣🤣only listen and do what I asked you to.

Medusa

537 posts

Posted by Medusa > 2023-12-04 14:40 | Report Abuse

Follow medusa earn plofit

Follow bobby Dnex buy high sell low

Kikiki…

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 15:00 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 15:07 |

Post removed.Why?

Nikmon

3,019 posts

Posted by Nikmon > 2023-12-04 15:07 | Report Abuse

RM1 billion via a two-for-five renounceable rights issue of new RCPS-i at 41 sen each.

It is worthless now and expire soon in next month..

PNB is the first casualty 1 billion loss.

Nikmon

3,019 posts

Posted by Nikmon > 2023-12-04 15:09 | Report Abuse

Around 10% of next profit from last year's, dividend for bumi gaping to be suck in 2024

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 15:10 | Report Abuse

Yeah, maybe they shall pass the RI document to you so you may apply????? at 41c......

Nikmon

3,019 posts

Posted by Nikmon > 2023-12-04 15:19 | Report Abuse

I don't think there is a way salvage this, PNB is quick certain bite the bullet, with less than 2 month before expire, 1 billion loss, opposition won't miss this kind of opportunity, I billion loss woh

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 15:22 | Report Abuse

Let me cut the deal for you....you get the RI documents for FREE and the RI conversion at 70% discount???? Deal???


Posted by Nikmon > 1 minute ago | Report Abuse

I don't think there is a way salvage this, PNB is quick certain bite the bullet, with less than 2 month before expire, 1 billion loss, opposition won't miss this kind of opportunity, I billion loss woh

Elaphe

346 posts

Posted by Elaphe > 2023-12-04 15:22 | Report Abuse

OK lah I think I gono load in at 0.045sen

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 16:16 | Report Abuse

Looks like might flatline soon....now in ICU no visitors......

SinGor

4,931 posts

Posted by SinGor > 2023-12-04 16:56 | Report Abuse

Come Friday, QR has come out----What to Expect?
Assume Revenue Hit 1.50 Bil if Jack-Up Rigs running at 85% & SapuraOmv contribute 150mil++
Might see Profit 150--200mil ( assuming no forex loss )----I am still wondering why SAP-omv contribution
is always around 115mil

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 17:42 | Report Abuse

Still Bursa hasn't given reply...........No News is bad News.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 18:00 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-12-04 18:10 |

Post removed.Why?

SinGor

4,931 posts

Posted by SinGor > 2023-12-04 18:19 | Report Abuse

Extension is surely approved----Reason given is Indonesia Bid for SapuraOMV is Delay. Better offer price means
Suppliers ( court cluster group ) get a higher paid back amount in short time

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