Posted by UlarSawa > 2024-03-07 22:22 |

Post removed.Why?

Posted by Balian de Ibelin > 2024-03-08 09:18 | Report Abuse

Sapura is 7 sen today.

Posted by DickyMe > 2024-03-08 09:20 | Report Abuse

If 7 sen then can have Ular soup and Felix the cat goreng.

Posted by Balian de Ibelin > 2024-03-08 09:22 | Report Abuse

Thats is how the Mou Lai HeLicksShit talk. 😁
Sapura is 7 sen when anybody who can read knows it is not 7 sen.
Mou Lai HeLicksShit fabricates evidence and then use fake evidence to talk bad about people. 😁

Posted by Mabel > 2024-03-08 09:47 | Report Abuse

Sapura Energy Bhd and its 22 wholly-owned subsidiaries secured new convening and restraining orders from the High Court. These orders are effective for a three-month period starting March 11, 2024.

The company, which has been grappling with debt, considers these orders a crucial step in its comprehensive debt restructuring strategy.

Here are the key details:

• Purpose: The court orders are executed under the legal framework of the Companies Act 2016 and play a pivotal role in Sapura Energy’s overarching group-wide debt restructuring plan.

• Objective: The initiative aims to address approximately RM10.8 billion in multi-currency financing and outstanding payments of about RM1.5 billion to trade creditors.

• Process: Sapura Energy will convene meetings with creditors to evaluate and endorse a proposed scheme of arrangement and compromise (PRS).

• Support: The restructuring plan has gained significant traction with approval-in-principle from multi-currency financing lenders and steadfast support from Sapura Energy’s white knight.

• Ongoing Milestones: The company is actively working on completing the proof of debt assessment, finalizing scheme papers, and initiating court-convened meetings with all creditors.

• Equitable Resolution: Sapura Energy’s commitment to an equitable resolution benefits all parties involved, particularly the small and medium Malaysian vendors within the energy industry ecosystem.

These efforts underscore the company’s determination to navigate its financial challenges and find a sustainable path forward

Posted by Mabel > 2024-03-08 09:48 | Report Abuse

Sapura Energy Group Chief Executive Officer Datuk Mohd Anuar Taib also conveyed similar appreciation to Sapura Energy’s White Knight, stating, "Their backing is crucial in instilling confidence in our Company’s strategic direction. We greatly value their support, which will ensure Sapura Energy’s sustainable future beyond this turnaround.”

Posted by Felix888999 > 2024-03-08 11:15 | Report Abuse

My last day here in SAP forum. So sad no farewell party for me 😭😭😭

BobAssshole still MIA. Some said already he already went back tongsan selling salted eggs.

Posted by DickyMe > 2024-03-08 11:39 | Report Abuse

The way this company with the help of politicians exploiting the judicial system is a mockery. Deeply entrenched protectionism is a wart in business world. They can roll on the ground, squeal like a swine about to be slaughtered, be in fits seizure like an epileptic and foam through the mouth, still no one will invest in such country or company.

Posted by Felix888999 > 2024-03-08 11:54 | Report Abuse

Good morning Dickman long time no see you here in SAP.

Time to say goodbye to you here also.

Posted by DickyMe > 2024-03-08 11:56 | Report Abuse

I am always here but refused to join the banter.
Good bye, take care and wish you good fortune and prosperity in your dealings.

Posted by Felix888999 > 2024-03-08 11:58 | Report Abuse

Thank you Dicky same same to you.

Posted by HaiLiDeYu > 2024-03-08 15:27 | Report Abuse

Felix888999

Bye bye and wish you all the best in your future dealing.
it was so close yet too near yet too far, i remember once it was 6.5 sen...

personally I still believe your 7sen target will be here soon.

Posted by Felix888999 > 2024-03-08 16:18 | Report Abuse

Thank you HailideYu. I queue sell 0.07 every day. Hope this happening soon.

Another 42 minutes market close.

Posted by Felix888999 > 2024-03-08 16:47 | Report Abuse

This is my last post in Sapura Energy. I honor my promise in challenge with BobAxelrod 9 months ago. During this 9 months Sapura Energy highest hit 0.065 but unfortunately didn't touch 0.07. I lost this challenge to BobAxelrod. I'm a person with integrity, if I lost I accept the result, face it like a man. I still around in I3 forum particularly in Topglov forum. I will post my Sapura Energy related post in TG forum from now onward.

In past 9 months, Sapura Energy management didn't make significant progress to resolve the financial crisis of this company. The progress is too slow. They just applied for extension after another extension.


As HaiLiDeyu said it was so close to 0.07 yet too near yet too far.

Share the YT link below is a song from Jacky Cheung title "So Close yet so far" 张学友 － 这么近那么远 indicate ending of my journey in Sapura Energy forum. Sayonara!!

张学友 － 这么近那么远
https://youtu.be/pvRka3_7PqY?si=4PqmnFpFt4CL2L5G

Posted by xiaoeh > 2024-03-08 16:58 | Report Abuse

wah....
sifu
you're the man
认输也需要勇气
well done
bye bye

Posted by Huangbk72 > 2024-03-08 18:51 |

Post removed.Why?

Posted by Mabel > 2024-03-09 14:44 | Report Abuse

Haha that's nothing compare to Auntie's Huang 7 years Hibernation in Pm Corpes. Now continue hibernating in Serba...Hihihi...

Sapura Energy, in its application to the Court, conveyed that substantial progress have been achieved in the ongoing restructuring process.

https://www.thestar.com.my/business/business-news/2024/03/07/sapura-energy-secures-court-approval-for-debt-restructuring?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240308&__sta=vhg.uosvpxQddhqne.jsu0sv%7CYITT&__stm_medium=email&__stm_source=smartech

Posted by Mabel > 2024-03-10 00:23 | Report Abuse

My Best Advice for Making Big Profits with Low-Priced Stocks what more if it's a PN 17..

Be patient with your investments. Low-priced stocks generally need more time than their bigger brethren. A healthy dose of patience will go a long way for a low-price stock portfolio.

As long as your cost is below PNB cost there's nothing to fear. Beside it gives you confidence when you see your P&L is positive and EverGreen..

Another best advice is to follow Auntie Huang. If she can managed 7 years hibernating with dead corpse, what is there to worry with Sapnrg.. Hihihi

To Our Success

Meow

Posted by BobHuangB40 > 2024-03-11 12:17 |

Post removed.Why?

Posted by OKU_2020 > 2024-03-12 11:33 | Report Abuse

IN HOT SOUP
BEHEADING is NEXT......!

Posted by Mabel > 2024-03-12 14:44 | Report Abuse

Huangbk72
ConMabel also shying away from Capital A.. keep reloading from over RM1 till 83/84c

11/03/2024 4:02 PM

Haha Auntie talking about you ke?

Hibernate in Pm Corpes for 7 years, Now Hibernate in Serba for two year..

Haha now both Batik Air Pilots also hibernate like Auntie Huang..hihihi

Captain Mabel Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Mar 9, 2024 2:16 PM | Report Abuse

https://www.astroawani.com/berita-malaysia/juruterbang-batik-air-tertidur-di-tengah-penerbangan-461560

Don't worry Mabel always feel safe and secured flying Mabel Airlines (Capital A, Singapore Airlines and Scoots Airlines)..

Captain Mabel Meow

Posted by Huangbk72 > 2024-03-12 14:52 | Report Abuse

ConMabel so proud SAP stuck over 1 year

ConMabel still hiding away from Serba

ConMabel also shying away from Capital A.. keep reloading from over RM1 till 83/84c

Very Suay ... Follow this conman Mabel sure go Holland 😁😁

Posted by Mabel > 2024-03-12 14:55 | Report Abuse

Poor Auntie Huang ...PM Corpes from TP RM 2 to 19.5 sen hihihi

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Mar 5, 2024 2:34 PM | Report Abuse

#Felix888999 I have proven Huang Bok Kai a shameless kon and a liar.

This Auntie caught cheating again

On 21st Nov 2013 she posted:

"Been accumulating from .27 till .36 till .26 and today .28".

My rough calculation her cost should be around .30.

One month later on 10th Dec 2013 she posted:

"My average entry cost is .245. Cumulated from .19 till .35"

Hahahhahaa this is a shameless liar, her cost just keep changing. Based on her statement in Nov, impossible she get average cost 0.245! Auntie Huang use time machine went back Oct 2013 bought that .19 lot ke?

Shameless kon Women also bullshiting PMCorp TP 2.00 and come with steady dividends. Hahahahhahahaha 🤣😉🤣🤣 laugh live me!!

Asked her show us that TP 2.00 until today still pusing here pusing there!!!


Posted by Huangbk72 > 2013-11-21 11:51 | Report Abuse
To mikekong55 

I have been a follower of your stock recommendations. 

You have been fairly accurate in your assessment of PMCorp movement. I am also in PMCorp as I believe in buying and holding long term. Been accumulating from .27 till .36 till .26 and today .28. Being involved in FMCG business, I understand and see the value in PMCORP.

Stock: [PMCORP]: PAN MALAYSIA CORPORATION BHD

2013-12-10 19:53 | Report Abuse

Hi Chrollo

Welcome to this thread.

This counter is for long term investors. My timeline is 5 years and I expect rm2.0 by then with a steady dividend payout. Others may have other TP.

Your entry price now is lower than most of us here. My average entry cost is .245. Cumulated from .19 till .35

Cheers .
04/03/2024 9:19 PM

Haha Thanks for sharing this information Felix888999..

Mabel just check on Pm Corpes latest price...19.5 sen!!!

From TP RM 2 to 19.5 sen...

Now Mabel understand why Auntie Huang Hibernated for 7 years....hihihi

Meow

Posted by Mabel > 2024-03-12 14:55 | Report Abuse

OKU_2020 IN HOT SOUP
BEHEADING is NEXT......!
12/03/2024 11:33 AM

Yes OKU..

Auntie Huang in HOT SOUP...hihihi

Posted by Huangbk72 > 2024-03-12 15:01 | Report Abuse

ConMabel still hiding..

Not even going back to Serba after few years promoting.

Pitiful

Posted by Ninja _07 > 2024-03-12 15:13 | Report Abuse

how much is PNB's average cost?

Posted by Nikmon > 2024-03-12 19:39 | Report Abuse

All RO, PN17, and CDRC...all extended until 10 Jun.....I guess estimated target date should be fall around early of May..very short...haha

Posted by bullrun168 > 2024-03-15 07:30 | Report Abuse

Wow, oil price was super bull !
Now Brent already at=>
$85.42 +1.39 +1.65 %

Posted by intansri > 2024-03-15 10:42 | Report Abuse

Quarterly reports will come out in the end of this month

Posted by Ninth007 > 2024-03-15 12:23 | Report Abuse

Sekarang still tak beli, too late to get this price anymore
Jit Pai Hoseh Liao

Posted by Mabel > 2024-03-15 22:23 | Report Abuse

Yes bullrun168!

Friday, March 15th 2024

Brent futures have broken through the $85 per barrel for the first time since November, indicating that the gradually improving sentiment, further buoyed by Ukrainian drone strikes on Russian refineries this week and declining US inventories, is here to stay.

Posted by Huangbk72 > 2024-03-16 09:10 | Report Abuse

More gibberish from ConMabel

Believe ConMabel or believe Petronas ? Answer is easy

KUALA LUMPUR (March 15): Petroliam Nasional Bhd (Petronas) sees a correction in oil prices this year amid prolonged uncertainty in the market as the Middle East conflicts persist, said its president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

"We anticipate average prices to hover around US$73 per barrel in the near term and at US$63 per barrel in the long term for this year.

Posted by masterkevin212 > 2024-03-16 23:32 | Report Abuse

（吉隆坡16日讯）消息人士透露，沙布拉能源（SAPNRG，5218，主板能源股）脱售联号公司沙布拉OMV上游公司（Sapura OMV Upstream）50%股权已有最新进展，预计将从阿布扎比国家基金Mubadala和法国能源公司道达尔能源(Total Energies)选出买家。

The Edge财经周刊援引消息人士称，虽然早前确实有其他买家有意购买，不过现如今竞争范围已缩小至两家公司。

据了解，虽然双方的出价相近，不过，Total Energeis的报价，预计略高于Mubadala。

另有消息人士表示，报价只是考虑因素之一，并表示两家公司目前还在同一起跑线上。

问及脱售股权一事，沙布拉能源表示确实有多方对沙布拉OMV上游公司有兴趣，而公司目前确实在进行出售程序。

“然而，碍于维护机密和完整性，我们无法再进一步给出评论。”

至于Total Energies和Mubadala，则没有立即作出回应。

现阶段尚不知沙布拉OMV上游50%的脱售报价，不过，有消息指出，价格预计在12亿美元（约56.5亿令吉）。

报道称，此次脱售是沙布拉能源重组以摆脱PN17的关键。

Posted by mimiyang > 2024-03-17 12:25 | Report Abuse

really?

Posted by mimiyang > 2024-03-17 12:25 | Report Abuse

really?

Posted by Mabel > 2024-03-17 19:09 | Report Abuse

https://oilprice.com/Energy/Energy-General/Bullish-Sentiment-Finally-Breaks-Out-in-Oil-Markets.html

Posted by Mabel > 2024-03-18 22:12 | Report Abuse

It's looking good SinGor...

Thanks for the updates...

Posted by SinGor > 2024-03-20 10:31 | Report Abuse

Petrobras spent the last two years replenishing its fleet and chartered over a dozen rigs for work in Brazil at a moment worldwide demand for deep-water equipment is strengthening and close to maximum utilisation, pushing dayrates close to the $500,000 threshold.
____________________________

SAP Rigs should be getting much Better than $ 150,000 DayRate ( $200,000 is Fine but compare to $500,000
what Brazil is paying------it is ridiculous Low )

Posted by GroetjesuitNederland > 2024-03-20 10:49 | Report Abuse

SinGor Petrobras spent the last two years replenishing its fleet and chartered over a dozen rigs for work in Brazil at a moment worldwide demand for deep-water equipment is strengthening and close to maximum utilisation, pushing dayrates close to the $500,000 threshold.
____________________________

SAP Rigs should be getting much Better than $ 150,000 DayRate ( $200,000 is Fine but compare to $500,000
what Brazil is paying------it is ridiculous Low )

=======

SAP only have semi-tender and tender-assist rigs which command a much lower dayrate than deepwater rigs - plus the fact that if SAP had purchased deepwater rigs the company would most likely not exist at all due to the massive cost of deepwater, expensive maintenance and little utilsation for 4+ years.

However, there are a limited amount of these tender assist type rigs worldwide, so if the demand increases so will the dayrates.

Posted by SinGor > 2024-03-20 14:40 | Report Abuse

I have No idea whether SAP rigs are Deep Sea Or shallow sea Rigs----What i know from accounts is SAP
used about 7 or 8 Billion ringgit to Buy its Rig Fleet from SeaDrill ( 7 -8 bil is almost 2X Entire Velesto Fleet )

Posted by dompeilee > 2024-03-20 16:11 | Report Abuse

If Brent is so strong, heading towards $90 & still no movement means can CHAP LAP already....dead in the water! What can one expect from a 18.4 BILLION outstanding tickets monster robbed dry by ex-CEO???😆

Posted by SinGor > 2024-03-20 18:22 | Report Abuse

I see No selling after someone take-up 47mil shares * T+3 *---SAP has to make credible announcement OR
reasonable Good Qr results ( 6 trading Days Left before Qr release Date )

Posted by gamble > 2024-03-21 12:05 | Report Abuse

will it be positive or negative in next quater financial result?

Posted by Nikmon > 2024-03-21 15:23 | Report Abuse

Normally lah, SAP will release the report card earlier if result is good...even result no good, new progress of the restructure or assets selling are also consider good news.

Posted by SinGor > 2024-03-21 18:47 | Report Abuse

management will "Hide" asset Sale Release Date if Qr results are Below expectation---I donT expect results
to be Good ( no money from Banks---how to generate more revenue ) But "White Knight" Cash injection
and OMV sale will "pump" price very High------Just speak Logically

Posted by Nikmon > 2024-03-21 21:59 | Report Abuse

It will only reflected in Q2..I guess

Posted by SinGor > 2024-03-21 22:25 | Report Abuse

I think there are 3 incidents will pump price. 1) WhiteKnight's Cash 2) OMV sale 3) Hair-Cut ( 40% ) and
MayBank agreed to loan another Billion for Liquidity

Posted by Nikmon > 2024-03-21 22:29 | Report Abuse

Another good news is completion of ONGC project...

Posted by Mabel > 2024-03-22 01:04 | Report Abuse

During the previous AGM they mentioned they will announce about the White Knight about this time..

Looking forward to Hari Raya Angpow

Meow

Posted by SinGor > 2024-03-22 10:19 | Report Abuse

Terms of WhiteKnights cash injection when 1st stated---is as Liquidity injection---mainly suppliers payment.
I think only 800mil is needed to jump start " delinquent projects "---What Contractors can do?? Suing SAP
takes 6 years, start work can get Cash from SAP and also unlocked Banks Loan ( Banks are also Trapped and
getting nowhere )