SAPURA ENERGY BERHAD

KLSE (MYR): SAPNRG (5218)

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Last Price

0.03

Today's Change

-0.005 (14.29%)

Day's Change

0.03 - 0.035

Trading Volume

8,086,500


80 people like this.

147,517 comment(s). Last comment by DickyMe 1 day ago

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-11 16:52 | Report Abuse

😂😂😂😂

hulwan

65 posts

Posted by hulwan > 2023-12-11 19:26 | Report Abuse

Nikmon, there is currently a CDRC (under BMM) mediated negotiation and court order stopping any action on SAP. Bursa have to wait for the big boys to be done first before they can pounce.

SinGor

4,917 posts

Posted by SinGor > 2023-12-11 20:52 | Report Abuse

Last Qr Revenue RM1.123 Billion. With No short term Loan, still can generate One Billion----The same
can said about AA ( also No Bankers short term Loan ----RM4 Billion Revenue, i am speechless

SinGor

4,917 posts

Posted by SinGor > 2023-12-11 20:57 | Report Abuse

If you are in Biz, you know---It takes money to Generate More Money----No "untang" means Revenue
guarantee plunged---No short term loan means Biz is always in 1st Gear

Nikmon

3,013 posts

Posted by Nikmon > 2023-12-11 20:58 | Report Abuse

If need to wait for big boy, why not approve the extension, consistent with court order until march, but Bursa choose silent lol

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-11 22:56 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-11 23:01 |

Post removed.Why?

SinGor

4,917 posts

Posted by SinGor > 2023-12-12 08:46 | Report Abuse

Ular as usual "Talks" about his Nasi Lemak Biz----what he knows about Jumbo Jet? After Covid, very few Co.
sell equipment spare parts unless you "Pay First" and wait for 6 months ( if not running model )---Collecting
Up-Front money for Ticket seem to be Ular win-all formula But what he didnT Tell you it comes with a Discount.
AA collected advance said 4.0Billion But reported a "Loss" last Qr ( say all )

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-12 08:48 | Report Abuse

haha no surprise, siao lang pretend to know something want to show off. Not knowing that his showing off is letting everyone know his ignorance bo tak chek, mana sekolah lu, siao lang?

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-12 08:51 | Report Abuse

Singor, let them be la this siao lang never see big ular pee before. Oil and gas is not 20 sens business, billion is norm la.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-12 09:00 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-12 09:10 |

Post removed.Why?

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-12 09:34 | Report Abuse

Karma is a bxtch yum yum yum biting you siao lang hahaha. Why so sore sssssss, got bitten by Karma? Haiyoh correct? 😂😂😂

Sslee

6,791 posts

Posted by Sslee > 2023-12-12 09:48 |

Post removed.Why?

Sslee

6,791 posts

Posted by Sslee > 2023-12-12 09:54 | Report Abuse

CapA do not have any tangible assets to sell to raise cash hence come up with this listing of yet to generate revenue intangible assets to raise cash:

Capital A had announced earlier this month that it plans to float its AirAsia brand royalty business and aircraft leasing unit in the US through a Nasdaq-listed special purpose acquisition company named Aetherium Acquisition Corp (GMFI) as part of its plans to regularise its financials. The group is seeking an indicative valuation of US$1 billion for the listing exercise.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-12 10:46 |

Post removed.Why?

SinGor

4,917 posts

Posted by SinGor > 2023-12-12 14:47 | Report Abuse

which INFO management want to release First----Bursa Reply Or Qr results.

Mabel

24,140 posts

Posted by Mabel > 2023-12-12 18:47 | Report Abuse

Raja138 This Sarawak Cable Bhd Net Assets Per shares is -19, SAP's is -0.19 sure can fly higher soon.
12/12/2023 6:32 PM

When it comes to stock trading, we want to take high quality trades ONLY and make EASY MONEY. .

How do you know if it’s an easy trade? Well, let the chart speak to you and decipher the story told by the chart.

Before taking each trade, ask yourself 3 questions:
1. Where is the stock likely heading to?
2. Where is your target?
3. Are the answers of Q1 and Q2 two in line? If not, you don’t have to take the trade.

SCB Got White Knight and Fly about 200% today from 6 sen to 23.5 sen

Let's see what is cumming from Sap from 4.5 sen to 20?

Obviously Management is currently working round the clock to announce the QR and talking to Handsome White Knight. This was announced earlier in AGM and not a speculation..

Let's see if it's a BoY or a Gal

Meow

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-12 20:35 | Report Abuse

Yo Mabel, what did you do? Why do you have a siao lang sniffing you from behind? 😂😂😂

xiaoeh

2,696 posts

Posted by xiaoeh > 2023-12-12 20:36 | Report Abuse

i suspect Mabel and Felix same person...

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-12 20:36 | Report Abuse

Next time give some peanuts to the siao lang la. Pity him must be too noob misunderstood your statement and lost his underwear 🤣🤣🤣

Mabel

24,140 posts

Posted by Mabel > 2023-12-12 22:11 | Report Abuse

MrHuangBK 🤣🤣🤣🤣

ConMabel posting gibberish again..

Chart of SAP? What chart? Already 700+ over days stuck in longkang 😂😂😂

9 months no news is not Speculation? We are talking SAP.. a PLC in deep trouble.


12/12/2023 6:58 PM

Haha Auntie Huang you are talking about you ke...
10 years with dead corpses....sure finish one..hihihi

Mabel

24,140 posts

Posted by Mabel > 2023-12-12 22:11 | Report Abuse

7 years hibernation..hihihi..

Now so fresh ke...hahaha

Mabel

24,140 posts

Posted by Mabel > 2023-12-12 22:12 | Report Abuse

TalkNumberOne Yo Mabel, what did you do? Why do you have a siao lang sniffing you from behind? 😂😂😂
12/12/2023 8:35 PM

Mabel sincerely hope it's not Baby Huang that will be cuming out...hihihi..

Mabel

24,140 posts

Posted by Mabel > 2023-12-12 22:16 | 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

The stock market is a device for transferring money from the impatient to the patient.

Warren Buffett Meow

Based on the above Mabel takeaway is simple..

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...

Fortunately, Mabel does not freeze like a monk. Mabel has been and out of this Battleship with a healthy double digit profits..

To Our Success!

Captain Mabel Meow

OKU_2020

4,857 posts

Posted by OKU_2020 > 2023-12-13 06:36 | Report Abuse

Mabel crying meow

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-13 07:23 | Report Abuse

Mabel please don’t cry for siao lang. instead pray 🙏 for siao lang, he needs a lot of luck to even recover back from his insanity.

xiaoeh

2,696 posts

Posted by xiaoeh > 2023-12-13 09:43 | Report Abuse

Posted by UlarSawa > 2 minutes ago | Report Abuse

Haiyoh you like that suspect macam pun dunno Sister Mabel cannot be Sister Felice lah. Why leh. Bcos Sister Felice ada bad mouth Sister Mabel could be an old man wearing Singlet one leh. Lagi Sister Felice ada attacked Sister Mabel at Serba Dynamik leh. Cannot be sendiri attacked sendiri right. Must be observant sikit leh. Haiyoh. Correct?

Maybe he got multiple personalities symptoms?

Icon 888

2,301 posts

Posted by Icon 888 > 2023-12-13 10:15 | Report Abuse

Serba 2?

Mabel

24,140 posts

Posted by Mabel > 2023-12-13 11:07 | Report Abuse

#UlarSawa Cannot be lah. Ular know Sister Mabel very long already leh. Sister Mabel and Ular macam sister and brother relationship one leh. We dont declared war even we have different views one leh. But this Sister Felice is Mafia type of personality leh. Hati very fast panas and very action suka declare war with Ular just bcos Ular dont side her leh. Keisan. Haiyoh. Correct?

13/12/2023 10:14 AM

Haha Yes Lah..Mabel and Ular goes long way like Brother and Sister since 2019 when Sapnrg was trading above 25 sen. We have been in and out of Sapnrg enjoying delicious KFC. We also tango in FGV and Top Gloves enjoying our lobsters.

Hopefully this time we can all enjoy eating lobsters like FGV and Top Gloves…hihihi..

Cheers Ular

Meow

Mabel

24,140 posts

Posted by Mabel > 2023-12-13 11:10 | Report Abuse

OKU_2020 Mabel crying meow
13/12/2023 6:36 AM

TalkNumberOne Mabel please don’t cry for siao lang. instead pray 🙏 for siao lang, he needs a lot of luck to even recover back from his insanity.
13/12/2023 7:23 AM

Haha Mabel was sleeping like a baby..

Now having breakfast...

Pity Auntie Huang cannot sleep still crying after 7 years hibernation...hihihi..

Mabel

24,140 posts

Posted by Mabel > 2023-12-13 11:22 | Report Abuse

Felix666888 Pity Huang Bok Kai chasing Mabel 3 streets away, but rejected by Mabel and offered him a job as her driver. Huang Bok Kai could not take it. 老羞成怒。
13/12/2023 11:16 AM

She told Mabel she want to be a writer..i3 writer...hahaha

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-13 13:25 | Report Abuse

Got announcement wo. Hahaha 🤣 let siao lang have the first move to explain his fantasy first

Nikmon

3,013 posts

Posted by Nikmon > 2023-12-13 13:26 | Report Abuse

Good news, at least 75% creditors equivalent 10 bil ++ approve the restructure plan, next step is get court order to enforce the debt restructure plan

Nikmon

3,013 posts

Posted by Nikmon > 2023-12-13 13:27 | Report Abuse

Who are the one rejected haha

Nikmon

3,013 posts

Posted by Nikmon > 2023-12-13 13:33 | Report Abuse

With this latest new, where would be the price level, 0.08 cent, or 10 cent

hulwan

65 posts

Posted by hulwan > 2023-12-13 13:36 | Report Abuse

Doesn't matter Nikmon. Approval-in-principle means that the 25% will be forced to accept.

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-13 13:59 | Report Abuse

Felix don’t be like siao lang celebrate with hands in the air and nothing change.

Felice888

229 posts

Posted by Felice888 > 2023-12-13 14:02 |

Post removed.Why?

TalkNumberOne

3,039 posts

Posted by TalkNumberOne > 2023-12-13 14:25 | Report Abuse

Haha 😂 siao lang

izoklse

5,272 posts

Posted by izoklse > 2023-12-13 14:40 | Report Abuse

Finally, they reach the agreement. Good job.

SinGor

4,917 posts

Posted by SinGor > 2023-12-13 14:52 | Report Abuse

post ""average good Qr ""tonite results will pump price tomolo....
Now pls announce " HairCut portion"----Botak or GI Cuts

Medusa

537 posts

Posted by Medusa > 2023-12-13 14:56 | Report Abuse

To the moon 🚀🚀🚀🚀🚀🚀

Follow Medusa earn plofit

Follow ular bodo Holland coming

Kikiki…

KUALA LUMPUR (Dec 13): Practice Note 17 (PN17)-classified Sapura Energy Bhd has been thrown a lifeline, as at least 75% of the financiers of its approximately RM10.3 billion multi-currency financing facilities have provided the requisite approval-in-principle for a proposed debt restructuring scheme.

In a statement on Wednesday, the oil and gas service provider said it had received written confirmation from the Corporate Debt Restructuring Committee, marking a significant milestone for the group to address its unsustainable level of debt and amounts owed to trade creditors, particularly Malaysian vendors who are small and medium enterprises.

The exercise involves approximately RM1.5 billion in claims from vendors.

For the second quarter ended July 31, 2023 (2QFY2024), Sapura Energy reported a net profit of RM42.8 million or 0.27 sen per share, against a net loss of RM2.59 million or 0.02 sen per share for 1QFY2024. Revenue slipped slightly to RM1.14 billion from RM1.17 billion.

Sapura Energy group chief executive officer Datuk Mohd Anuar Taib said with the approval-in-principle, the group is quite confident towards approaching the last few milestones of its journey in exiting the status as a PN17 company.

Earlier, the group reported that it had applied with Bursa Securities for an additional six-month extension to submit its regularisation plan to exit from the PN17 status, stretching from Nov 30, 2023 to May 31, 2024, pending a decision by Bursa Securities.
“Given the hurdles we faced, it’s understandable that not everyone could give us their backing. Hence, we are immensely grateful to the valued partners who have consistently demonstrated their unwavering support,” Anuar Taib said.

At Wednesday's noon market break, shares in Sapura Energy settled at 4.5 sen, valuing the group at RM719.06 million.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-12-13 15:05 |

Post removed.Why?

Posted by MagicalBobby > 2023-12-13 15:10 | Report Abuse

Sucker suiyee bilis promoters would never know what is "Good News" and Sugar coated News!!!

1) Acceptance in Principle is not in Black and white contractual which the Terms cannot be flimsy.
2) The ResPlans requires Shares Consolidations?? 20 : 1 which would maintain the price at 5c???
3) What about the RI and Warrants for Funds Raising???

People says, "Dog eat dog world" this is "suiyee bilis eat suiyee bilis"

Posted by MagicalBobby > 2023-12-13 15:14 | Report Abuse

In order for Bursa to decide on the Extension......words of mouth as "acceptance in Principle" does not carry water.............Bursa needs Creditors/Bankers approval in Black and white for making decisions.

Medusa

537 posts

Posted by Medusa > 2023-12-13 15:15 | Report Abuse

Thank you sapulah for duit saku

Till we meet again very soon

Follow Medusa earn plofit

Follow Bobby DNEX buy high sell low

Kikiki…

Posted by MagicalBobby > 2023-12-13 15:18 | Report Abuse

Now why would anyone want to Believe nor Trust the challenge from a Pathological liar, twister and racist???? You have lost all Integrity as a Human being and only fit to lick the toilets free of shits!

SinGor

4,917 posts

Posted by SinGor > 2023-12-13 15:20 | Report Abuse

Hello Old Man Bob---The Banks that accept are OWNed by PNB. Actually 10billion Roll-Over was Given even
Before Bank Negara gets involved Bcos major suppliers ( court clusters ) wanted to sue and claim their money
Back ( not Bankers )

Posted by MagicalBobby > 2023-12-13 15:23 | Report Abuse

It would be amusing for Bursa to approve the Extension for another 6 months as applied in October 2023, before expiry of previous extension till 30 Nov 2023. Todate, no News and nothing has been said..........someone getting very anxious, thus the "Sugar Coated News"??? Just corporate games we play................

Further the RO expiry is in March 2024, which would entails another Application to Court should Bursa allows an extension further that March 2024.

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