Quarter Result on 31-Oct-2023[#3] QoQ - -27.84% YoY - 203.33%. _____________________________________________________________________ This print is very miss-leading ( - 27.84% YoY ).....The only thing I see is just SAP paid more TAXES???????? Exactly 4.26mil more Taxes ( The difference between profit YoY "before" Taxes is 1.4mil Less than last Qr ) Just 1.40mil LESS profit than last Qr----Screaming Headline 37% negative
What's your problem? You were the one and the first to post fake QR "100% jump in Net profits"???? You should move around imaginary theories, imaginary money and imaginary stocks.
Sapura Energy Berhad (“Sapura Energy” or “the Company”) has received written confirmation from the Corporate Debt Restructuring Committee (“CDRC”) that at least seventy-five percent (75%) of the financiers of its approximately RM 10.3 billion in Multi-Currency Financing Facilities (“MCF Financiers”) have provided the requisite approval-in-principle for a proposed debt restructuring scheme (“PRS”)
Can anyone share the detail of proposed debt restructuring scheme (“PRS”)?
Nikmon, this 1.5 billion is after debt adjudication exercise is done. Basically the 5 billion is what was claimed, but only 1.5 billion is actually proven as the debt to vendors.
Kuala Lumpur, 13 December 2023 : Summary of Q3 FY2024 financial results:
Revenue of RM1.10 billion EBITDA of RM211 million PATAMI of RM31 million Order book at RM5.4 billion
Sapura Energy Berhad (“Sapura Energy”) and its subsidiaries (“the Group”) today announced the 3rd consecutive quarters financial results for the third quarter ended 31 July 2023 (“Q3 FY2024”), extending the positive performance shown since the beginning of the financial year. For the first nine-months ended 31 October 2023 (9M FY2024), the Group posted a revenue of RM3.2 billion. Cumulative PATAMI more than doubled to RM220 million in 9M FY2024 compared with about RM100 million in the same period of financial year 2023 (“9M FY2023”).
This is achieve despite multiple operational challenges which include escalating project and financing costs, as well as the lack of access to bank guarantees and working capital. These effects were more than offset by favourable foreign exchange differences recognised during the same period.
Currently, more than 70 percent of its order book are for contracts outside of Malaysia. As of the third quarter of FY2024, the Group’s Order Book stood at RM5.4 billion while the Order Book of its joint venture and associate entities stood at RM3.6 billion. Ten of its rigs are currently under contract in Malaysia, Thailand, and Africa. Sapura Energy recently opened a regional office in Woking, United Kingdom, to manage and pursue projects in West Africa and the Mediterranean.
The Group continues to progress its restructuring plan, which includes efforts to resolve its unsustainable level of debt and amounts owed to trade creditors. Sapura Energy has received confirmation from the Corporate Debt Restructuring Committee that at least seventy-five percent (75%) of the financiers of its approximately RM 10.3 billion in Multi-Currency Financing Facilities (“MCF Financiers”) have provided the requisite approval-in-principle for a proposed debt restructuring scheme (“PRS”). The approval in principle will facilitate court-convened meetings with all its creditors.
SinGor Quarter Result on 31-Oct-2023[#3] QoQ - -27.84% YoY - 203.33%. _____________________________________________________________________ This print is very miss-leading ( - 27.84% YoY ).....The only thing I see is just SAP paid more TAXES???????? Exactly 4.26mil more Taxes ( The difference between profit YoY "before" Taxes is 1.4mil Less than last Qr ) Just 1.40mil LESS profit than last Qr----Screaming Headline 37% negative 13/12/2023 7:24 PM
2022 was a tough year for Sap. Despite their shortcomings, the AR report shows that they paid a total of RM 18.9 million in income tax for the year, which is equivalent to 2.4% of its profit before tax of RM 779.6 million. More to cum..
Where is siao lang? Yohoooo siao lang good morning, rough night yesterday? Sore sss again? 😂😂😂100% wrong prediction? You are Legend in all the wrong way
wah... this forum become pasar pagi again. very active and noisy, not sure good sign or bad sign...
UlarSawa, why worry? by the time disposal most of the investor here already pocket good profit.
Posted by UlarSawa > 31 minutes ago | Report Abuse
Haiyoh everybody concern about the haircut selling SapuraOMV asset that is golden goose of Janda Sapura. After sold later left non positive generating division leh. Betul tak. Haiyoh. Correct?
Summary of 4 core businesses of latest QR.
E&C loss b4 tax 75.3mil O&M loss b4 tax 5.8mil Drilling loss b4 tax 42.5mil E&P earn b4 tax 74.3mil
Haha hailideyu, siao lang sore sss that’s why noisy. It’s okay if and when the price goes up siao lang will go hiding inside his neighbour old Wong house seek shelter. 😂😂😂 not knowing that old Wong will violate him and he will get further sore sss
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....
freddiehero
16,721 posts
Posted by freddiehero > 2023-12-13 19:01 | Report Abuse
haha my share stuck at 0.35 ..