I think latest Price Water House Director as CFO comes at a right time---more bid projects should be realised bcos SAP has been submitting Oversea Bid for the last 2 years and it is now management is announcing awards
I think too-- price ---will not move much Bcos ( bcos) Bank Underwriters are collecting for Rights issue next year. They know for sure ( previous RI ) Shahril Cannot take up RI----so How?? They have to goreng in whatever ways to stop underwriting Losses
Meanwhile Lady Sapura has joined Yinson to win more Contract in Brazil. Sapura Energy required between RM 3 to 4 Billion to recapitalisation to get out of PN17..
This mean, she need another 1.2 to 2.2 billion to get out of PN17 which may come either with White Knight or Debt Swap and Balance Sheet Cleanup using thee same strategy employed by AAX and Capital A, this process takes time but is essential for long-term sustainability. If executed successfully, it could help Sapura Energy exit PN17 status without relying on external White Knights.
intansri Normally if you got award this kind of project, company will receive 30% down payment to carry the project. Under this scenario, 5218 will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future 08/05/2024 11:27 AM
SinGor $900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal ) 08/05/2024 11:38 AM
Just realized the New Contract is in USD. Normally if you got award this kind of project, company will receive 30% down payment to carry the project. This mean, Lady Sapura will get around 2.5b+OMV2.5b+cash 1.4b=6.4b on its cash flow account to rollover operation. Very bright future for our Lady…
The Real Trick To Investing Is — Patience. You need patience to see the stock go to the bottom. And you need patience to see the stock go to the top. And you also need patience to see the stock to skyrocket. And then you also need patience to see your compound dividends coming in every single month or quarterly.
Charlie Munger once said, “The big money doesn’t come from the trading every single day, but from patience of wait-and-do-nothing.”
white knight finally comes to the rescue. they are making come back guys..let see how good this news will be brewing. will start to mobilized local asset for new project very soon.its happening.
Hehe after 2 years also still 0.05 0.045 la. Where is OKU when can redeem your 0.01 or 0.02 or bagi you discount 0.03? Still cannot and now you hiding in the closet shivering? 😂😂😂😂 what a joke my chun chun prediction 2 years ago you will pretend go missing.
Where is Oku and co? Haha don’t make my chun chun prediction 100% record le. 2 years ago already predicted you will pretend missing hahahaha. Next time noob admit noob don’t sia soi your self
if nothing happens and extension is given, next qr announcment will spike the share price, if any good news before then, can immediately see double/triple/quadruple your profit, fasten yr seatbelt
lol finally Oku and gang came out of hiding. 😂😂😂😂😂😂😂😂 deliver 1 sens or bagi you discount 2 sens first then you talk else shut your self in the closet and continue hiding.
Now you want to change to “promote now is smart” lol. Since when you can change from no balls to getting balls back. lol curi from your friend? By the way your friend also lost his balls
Haha don’t pretend you are somebody la. The reason I called for you is to trigger your ego balls. Haha and true enough you are a loser in market I bet a loser in life also. Haha don’t agree? Check where were you hiding and where are you now? More obedient than a dog hahahaha
As a value investor, I look for turnarounds. These are companies whose market prices had tanked because of some business issues that I considered temporary and could be overcome. Bursa Malaysia Sapura Energy fitted this bill in 2018 after being the darling of the stock market a few years earlier. It faced declining order books due to the declining oil prices. This is a company where there is a strong correlation between crude oil prices and its performance.
https://i.postimg.cc/7hwb6Kv1/Sapura-crude-correlation.png Crude oil prices are cyclical and I thought that the company was sound enough to outlast the downtrend leg of the crude oil price cycle. Over the next few months, I built up my investment to end up with an average share price of RM 0.39 per share. Sapura had a book value then of RM 0.87 per share with a NTA of RM 0.37 per share. Ya, this is a company with a lot of goodwill and other intangibles. You would have thought that there was enough margin of safety to ride out the storm. Analysts were projecting target prices above a Ringgit at that juncture. Anyway, the downtrend leg of the oil cycle lasted longer than anticipated. Sapura continued to bled so that today, it had written off all the intangibles and is trading at RM 0.05 per share. The company is still looking for a sustainable turn around. And I suspect it will have to undertake a debt and equity restructuring scheme to come back. This means haircuts for creditors and shareholders. This is a bet gone wrong and I will probably not be able to recover my investment. Moral of the story? Catching falling knives can be dangerous but if you succeed, you have a multi-bagger. But if you fail, it must be part of a good portfolio so that the gains from the others more than offset the losses you suffer. Sure I have such a portfolio. But this does not stop me from regretting my investment in Sapura Energy. https://www.youtube.com/watch?v=1N5mi-7kRM8
20:1 Reduction doesnT make Sense at All----Nosh will be reduced to 900,000,000----That will make SAP market price at RM1.00----Now minimum Cash SAP needs is around 3-4 Bil ---Which means RI got to be RM3. Let make some Real Sense----Will you Buy SAP RI @ RM3.00 ( Given market price RM1 )
When it matters most. You go hiding? Haha don’t make my prediction chun chun la. Market up or not I don’t know, you go hiding when it matters most that one I am sure.
Aiyoyo betul betul no balls. Haha 😂😂ten don’t act like a pro kalau no balls. Already said you are worst than newbie, now you sendiri go prove me right? Apa lagi mau?
Who is this Ular? I call for no balls suk chun guy, you admit you are one then we talk. Otherwise can go learn English. Sideway sideway that’s what I taught your no balls friend for 2 years need to teach them how to draw lines. Unless you are one of them and pretend with another name. I don’t understand why your balls burning cannot tahan I call for no ball guys. Hahahaha jangan i shoot naga, ular pulak come out.
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....
SinGor
4,874 posts
Posted by SinGor > 2024-05-08 11:38 | Report Abuse
$900mil Brazil project should net about RM500m--RM800mil based on 12%--18% net profit ( normal )