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

3,839,200


80 people like this.

147,562 comment(s). Last comment by waseong 26 minutes ago

5354_

4,807 posts

Posted by 5354_ > 2024-04-19 19:22 | Report Abuse

PM-X talked about Najib today. Is it related to Debat Perdana DSAI-Najib? How many years passed why no result?

Posted by masterkevin212 > 2024-04-19 19:45 | Report Abuse

Sapura will not privetised because need to remain the international status

5354_

4,807 posts

Posted by 5354_ > 2024-04-19 21:33 | Report Abuse

Still in Raya mood? Shahril Shamsuddin got ask PM-X join his open house?

5354_

4,807 posts

Posted by 5354_ > 2024-04-19 21:40 | Report Abuse

Suspend to prevent bad market or really got good news?

willee2

1,089 posts

Posted by willee2 > 2024-04-19 21:49 | Report Abuse

Ok Bijan is enjoying super ring and starbarks in his 5* cell while reading i3 forum

Posted by MalaysiaMadani > 2024-04-19 21:59 | Report Abuse

Condolidation 20:1

Posted by thetruthstory > 2024-04-19 22:04 | Report Abuse

no need to play2 with the shares anymore

5354_

4,807 posts

Posted by 5354_ > 2024-04-19 22:05 | Report Abuse

If true bye-bye PM-X and PH in GE16.

Posted by MalaysiaMadani > 4 minutes ago | Report Abuse

Condolidation 20:1

Nikmon

3,017 posts

Posted by Nikmon > 2024-04-19 22:18 | Report Abuse

Suspension because Rafizi???

Posted by Janson King > 2024-04-19 22:22 | Report Abuse

Waiting for Total Energies, Mubadala ?

willee2

1,089 posts

Posted by willee2 > 2024-04-19 22:54 | Report Abuse

Bijan laughing looking at i3

Change_

265 posts

Posted by Change_ > 2024-04-20 02:47 | Report Abuse

Nothing special announcement. GE16 PH no more.

Nikmon

Suspension because Rafizi???

4 hours ago

Mabel

24,218 posts

Posted by Mabel > 2024-04-20 09:39 | Report Abuse

Mabel expecting some good news as the request for suspension is cuming from the Lady Sapura

Hopefully it's a healthy baby cuming out...

https://theedgemalaysia.com/node/708614

Change_

265 posts

Posted by Change_ > 2024-04-20 09:39 | Report Abuse

IPO SapNrg RM 2 allow we kicked out BN in GE14 & GE15. Now left 4.5 sen PH does nothing next to kick out is PH?

Mabel

24,218 posts

Posted by Mabel > 2024-04-20 09:40 | Report Abuse

Five possibilities: maybe
(1). Amount of banks' haircut;
(2). Make known the identity of White Knight;
(3). Buyer of SAP OMV with price tag;
(4). PNB injecting funds.
(5). Petronas taking over?

Please add...

Meow Meow Meow

Change_

265 posts

Posted by Change_ > 2024-04-20 09:51 | Report Abuse

Should be banks haircut announcement no 1 priority. How much haircut needed? Minimum 80% debts waived?

Ninth007

476 posts

Posted by Ninth007 > 2024-04-20 10:13 | Report Abuse

Removed from PN17
Jit Pai Hoseh Liao !!

Change_

265 posts

Posted by Change_ > 2024-04-20 10:23 | Report Abuse

Rafizi FB also got mentioned. Complain there also if here not enough.

5354_

4,807 posts

Posted by 5354_ > 2024-04-20 10:32 | Report Abuse

Bank stocks owner please sell your bank stocks if you want banks haircut is my advise. Previously I owned BIMB but have sold recently.

5354_

4,807 posts

Posted by 5354_ > 2024-04-20 10:37 | Report Abuse

Why Petronas must buy SapNrg not other O&G companies?

Posted by Raja138 > 34 minutes ago | Report Abuse

PETRONAS!!!

Mabel

24,218 posts

Posted by Mabel > 2024-04-20 10:54 | Report Abuse

#5354_ Bank stocks owner please sell your bank stocks if you want banks haircut is my advise. Previously I owned BIMB but have sold recently.
20/04/2024 10:32 AM

Haha Mabel still keeping Maybank, CIMB and BIMB. All very Good Dividend Machine..

BIMB Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 results:
EPS: RM0.25 (up from RM0.23 in FY 2022).
Revenue: RM2.28b (up 5.6% from FY 2022).
Net income: RM553.1m (up 13% from FY 2022).
Profit margin: 24% (up from 23% in FY 2022). The increase in margin was driven by higher revenue.
Cost-to-income ratio: 60.9% (up from 59.8% in FY 2022).
Non-performing loans: 0.94% (down from 1.27% in FY 2022).
Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%.

Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia.

Meow

Posted by thetruthstory > 2024-04-20 12:04 | Report Abuse

wow, you owned BIMB, like to be your friend

5354_

4,807 posts

Posted by 5354_ > 2024-04-20 12:06 | Report Abuse

So bank haircut(not only Sap Nrg but also other debt-laden companies) not good for you?

Mabel

#5354_ Bank stocks owner please sell your bank stocks if you want banks haircut is my advise. Previously I owned BIMB but have sold recently.
20/04/2024 10:32 AM

Haha Mabel still keeping Maybank, CIMB and BIMB. All very Good Dividend Machine..

BIMB Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 results:
EPS: RM0.25 (up from RM0.23 in FY 2022).
Revenue: RM2.28b (up 5.6% from FY 2022).
Net income: RM553.1m (up 13% from FY 2022).
Profit margin: 24% (up from 23% in FY 2022). The increase in margin was driven by higher revenue.
Cost-to-income ratio: 60.9% (up from 59.8% in FY 2022).
Non-performing loans: 0.94% (down from 1.27% in FY 2022).
Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%.

Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia.

Meow

1 hour ago

5354_

4,807 posts

Posted by 5354_ > 2024-04-20 12:33 | Report Abuse

You are not welcome here. Sap must have bank hair cut.

Posted by thetruthstory > 27 minutes ago | Report Abuse

wow, you owned BIMB, like to be your friend

stockraider

31,556 posts

Posted by stockraider > 2024-04-20 12:43 | Report Abuse

Very strong buy loh!

Sapnrg has about Rm 10b unsecured bank borrowing loh!
A debt restructuring usually contribute about 50% debt rebate to sapnrg thus this will result in a potential profit contribution loh!

Thus making Sapnrg very viable investment at 4.5 sen loh!

Mabel

24,218 posts

Posted by Mabel > 2024-04-20 13:58 | Report Abuse

Haha no worries...Sap is Capital Gain at dirt cheap price

Bank and plantation counters no need to monitor so much...so steady mah...

Dividend investing is like planting a tree...

The earlier you start, the bigger your tree is going to grow.

And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...

Why?

Because dividends... GROW.

And that's how some Dividend Machines reached their milestones in dividends.

For the past 10 years...

DBS (Bank) increased their dividends by 158%
Wilmar (Plantation) increased their dividends by 112%
So if you think $5,000 in annual dividends today is too little...

Your $5,000 'passive' income just became:

$12,900 if you invested in DBS
$10,600 if you invested in Wilmar
All you did is buying the right dividend stocks...

...And wait

Get paid in year 1...

...And wait

Get paid more in year 2...

...And wait

Get paid even more in year 3...

Life is so beautiful when you can continue Goyang kaki.. Hihihi

To Our Success

Meow Meow Meow

Nikmon

3,017 posts

Posted by Nikmon > 2024-04-21 17:55 | Report Abuse

I guess the suspension is because of Rafizi court case being withdraw....haha

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 09:02 | Report Abuse

Why still suspended?

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 09:04 | Report Abuse

Cannot be Rafizi only suspended so long.

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 09:07 | Report Abuse

I have voted PH in GE14 & GE15 because of Sap Nrg sharp share drop during BN reign. Don't tell me PH does nothing so that I continue vote them next GE16.

Posted by thetruthstory > 2024-04-22 09:10 | Report Abuse

Bursa has agreed suspension is for material announcement, its not out yet

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 09:11 | Report Abuse

Petronas listing through RTO Sap Nrg?

Nikmon

3,017 posts

Posted by Nikmon > 2024-04-22 09:15 | Report Abuse

Sap forget to inform bursa to lift suspension.haha

hulwan

65 posts

Posted by hulwan > 2024-04-22 09:41 | Report Abuse

Look at the list of cases this morning at KL Commercial Court.

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 09:48 | Report Abuse

PNB own >40% Sap Nrg?

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 10:12 | Report Abuse

PNB interest ignored by PH govn then people also ignore PH in GE16. Just like Felda Settlers owning stock in FGV which drop from 2012 IPO at RM 4.55 so BN lost in GE14 & GE15.

Posted by KKWONG9823 > 2024-04-22 10:27 | Report Abuse

I have voted PH in GE14 & GE15 because of Sap Nrg sharp share drop during BN reign. Don't tell me PH does nothing so that I continue vote them next GE16.

Ninja _07

544 posts

Posted by Ninja _07 > 2024-04-22 10:34 | Report Abuse

What time is the announcement?

Nikmon

3,017 posts

Posted by Nikmon > 2024-04-22 10:38 | Report Abuse

Let the white knights come in with full force, we need FDI, now this industry is bully by Petronas, no way out. Balance ot

pakabu

56 posts

Posted by pakabu > 2024-04-22 11:05 | Report Abuse

Suspen due to suspended..

Ninja _07

544 posts

Posted by Ninja _07 > 2024-04-22 11:09 | Report Abuse

@pakabu ... 😂

Posted by i7investors > 2024-04-22 12:37 | Report Abuse

​practice note (ii) a significant change in the business direction or policy of a listed corporation; or

(iii) any other corporate exercise which the Exchange considers to be material;

Ninth007

476 posts

Posted by Ninth007 > 2024-04-22 13:36 | Report Abuse

KUALA LUMPUR (April 22): Investors of Sapura Energy Bhd await the material announcement hinted at last Friday's noon break by the oil and gas services company, which is in the midst of formulating a regularisation plan to address its Practice Note 17 status.

Shares in the company, which undertakes upstream operations and maintenance, offshore fabrication, and drilling services, have been voluntarily suspended from trading since 2.30pm last Friday afternoon.

The suspension points to potential sale of its 50%-owned upstream unit SapuraOMV Upstream Sdn Bhd.

The other 50% stake in SapuraOMV is in the process of being acquired by TotalEnergies from Austria’s OMV Aktiengesellschaft for US$903 million (RM4.32 billion). OMV sold the stake as part of its group strategy that shifted its focus away from Australasia.

OMV bought into SapuraOMV back in 2018 by subscribing to a 50% stake for US$540 million, plus repayment of US$350 million in intercompany debt.

It was reported that Sapura Energy was looking for US$1.2 billion for its stake in SapuraOMV.

SaspuraOMV operates the Sarawak gas fields of SK310 (with a 30% stake) and SK408 (40% stake). It also owns 40% of Block SB412 offshore Sabah, and 30% of Block 30 offshore Mexico, as well as other offshore exploration permits in Western Australia and the Taranaki Basin in New Zealand.

TotalEnergies’ transaction price for the 50% stake in SapuraOMV is bigger than Sapura Energy’s market capitalisation of RM826.92 million, based on its last traded share price of 4.5 sen prior to the suspension.

As at end-January, Sapura Energy had negative total equity of RM4.19 billion, against cash of RM1.45 billion and gross borrowings of RM10.98 billion.

The group is in the midst of coming up with a regularisation plan to address its balance sheet position. At the moment, it has been given until June 10 by the courts to restrain any legal action by creditors, including local vendors and those for its RM10.3 billion multi-currency financing facilities.

At least 75% of these creditors have provided requisite approval-in-principle for its proposed debt restructuring scheme, back in December last year.

Shareholders of Sapura Energy include Permodalan Nasional Bhd via Amanah Saham Nasional Bhd (40.73%). Brothers Capital Sdn Bhd, linked to Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin, owns a 9.18% indirect stake in the listed entity. Shahril also owns a 0.95% direct stake in Sapura Energy.

Ninth007

476 posts

Posted by Ninth007 > 2024-04-22 13:41 | Report Abuse

Meterial announcement on any date before 10th June 2024 will still be considered ahead of financial plan deadline.
Jit Pai Hoseh Liao ….. ;) ;) ;)

Ninth007

476 posts

Posted by Ninth007 > 2024-04-22 13:45 | Report Abuse

But every stake holder will know it wont be long so just enjoy while waiting for it !!!
Strongly feel it’ll exit from PN17 soon after the announcement

5354_

4,807 posts

Posted by 5354_ > 2024-04-22 13:47 | Report Abuse

Suspend until 10th June 24?

Nikmon

3,017 posts

Posted by Nikmon > 2024-04-22 13:51 | Report Abuse

Can someone call the CEO of SAP, his team forget to inform bursa lift the suspension...haha

Nikmon

3,017 posts

Posted by Nikmon > 2024-04-22 14:17 | Report Abuse

Seem like suspend continued ...

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