Posted by BLITZRIEG > 1 month ago | Report Abuse

Hope the white knight still remain white....scare that the white knight turn to grey & disapear....😂🤣

Posted by Mabel > 1 month ago | Report Abuse

As per last AGM White Knight is still on..

Posted by Mabel > 1 month ago | Report Abuse

White Knight fully committed. Committed letter Feb 2024, Confidence to the lender, White knights significant help but remain anonymous...

They will appears when the times cum according to the Board..

Posted by Dav Yau > 1 month ago | Report Abuse

Wah....a bit of bad news for Sapura. Anyway, Bad News is a Good News.....

Posted by Mabel > 1 month ago | Report Abuse

Second quarter 2025 results:

EPS: RM0 (down from RM0.003 in 2Q 2024).
Revenue: RM1.21b (up 5.7% from 2Q 2024).
Net loss: RM5.23m (down 112% from profit in 2Q 2024).
Revenue is forecast to stay flat during the next 3 years compared to a 6.4% decline forecast for the Energy Services industry in Malaysia.

Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.

Posted by Huangbk72 > 1 month ago | Report Abuse

Repost for Mabel

If this is achieved, will SAP straight go into ICU?

Posted by Mabel > 10 minutes ago | Report Abuse

Ringgit likely to hit RM3.55 to US dollar - 28 Sep 2024
BMI has a bullish view on the ringgit which it forecast to strengthen further as interest-rate differential between the United States and Malaysia narrows with further rate cuts by the US Federal Reserve (Fed) in 2024 and 2025.

Posted by Mabel > 1 month ago | Report Abuse

Let's hope for the best !

https://www.thestar.com.my/business/business-news/2024/09/28/ringgit-likely-to-hit-rm355-to-us-dollar

Posted by Mabel > 1 month ago | Report Abuse

When the Malaysian Ringgit (MYR) strengthens, it can have several impacts on Sapura Energy Berhad (SAPNRG). Here are a few key points to consider:

Revenue Impact: If Sapura Energy earns a significant portion of its revenue in foreign currencies (like USD), a stronger MYR means that when these earnings are converted back to MYR, the amount will be lower. This can negatively impact the company’s reported revenue and profit margins.

Cost Management: On the flip side, if the company incurs costs in MYR, a stronger MYR can reduce the cost of imported goods and services, potentially improving operational efficiency and reducing overall expenses.

Debt Servicing: If Sapura Energy has debt denominated in foreign currencies, a stronger MYR can make it cheaper to service this debt, as fewer MYR are needed to meet the same foreign currency obligations.

Investment and Expansion: A stronger MYR can also affect the company’s investment and expansion plans. It might make foreign investments more attractive, as the company can get more value for its MYR when investing abroad.

Posted by Dav Yau > 1 month ago | Report Abuse

Sometimes all these news does not reflect the fundamental for this company. For the past 3 years Sapura had been making a lost 16 to 18 billion. And now Sapura is still making a lost of 16 to 18 billion. Right now we are still reading all those journal writing about Sapura the same old news. Another few months to go....all i want to know is whether the Government will bailout Sapura or not..??? Whatever news we read now is not revelent anymore. The most important is Bail or no Bail from the Government...

Posted by Mabel > 1 month ago | Report Abuse

..you need to ask PMX...

https://www.bing.com/videos/search?q=Najib+vs+Anwar+debate+on+Sapnrg+YouTube+link&view=detail&mid=FB8CBE65BCDBB929E677FB8CBE65BCDBB929E677&FORM=VIRE&PC=HCTS

Posted by Mabel > 1 month ago | Report Abuse

The debate between Najib Razak and Anwar Ibrahim on May 12, 2022, focused significantly on the financial troubles of Sapura Energy Bhd (Sapnrg) and the broader economic implications.

Najib Razak’s Position:

Najib advocated for a bailout of Sapura Energy, emphasizing that its collapse would negatively impact the Malaysian economy and workforce.

He suggested that either Petronas should take over Sapura Energy or the company should receive government-guaranteed bank loans.

Najib highlighted that Sapura Energy employs over 10,500 locals and supports around 3,000 vendors, contributing RM92 billion to the local economy.

Anwar Ibrahim’s Position:

Anwar opposed an immediate bailout, arguing that a forensic audit should be conducted first to identify any mismanagement or corruption.

He compared Sapura Energy’s situation to other financial scandals in Malaysia, such as 1MDB, and stressed the need for accountability.

Anwar pointed out that the top management of Sapura Energy received high salaries despite the company’s poor performance.

This debate highlighted the contrasting approaches of the two leaders towards handling corporate bailouts and financial accountability in Malaysia.

Sapura Energy Berhad has shown resilience and improvement in its recent financial performance. Here are some key highlights:

Q1 FY2025:
Revenue: RM1.18 billion
EBITDA: RM147 million (13% margin)
PATAMI: RM82 million
Free Cash Flow: RM132 million
Order Book: RM7.0 billion, with joint ventures adding RM7.1 billion.

Q2 FY2025:
Revenue: RM1.2 billion
EBITDA: RM241 million (20% margin)
LATAMI: RM5 million (affected by foreign exchange losses)
Free Cash Flow: RM275 million
Order Book: RM5.9 billion, with joint ventures adding RM6.1 billion.

Despite some challenges, including foreign exchange losses and financial constraints affecting order book growth, Sapura Energy has managed to maintain positive operational performance across its key segments. The company is also focusing on restructuring its debt portfolio to mitigate risks and ensure greater stability

Posted by Mabel > 1 month ago | Report Abuse

Yesterday BN secured Mahkota by-election victory with nearly 100 per cent vote transfer from PH.

Let's hope for the best so they can take Sapnrg to the next level..

Posted by speakup > 1 month ago | Report Abuse

DAP is going down man! More ppl realise DAP=MCA2.0 and MCA=DAP2.0
https://focusmalaysia.my/low-chinese-voter-turnout-in-mahkota-by-election-reflects-discontent-within-daps-core-supporters/

Posted by Mabel > 1 month ago | Report Abuse

*Summing up*

Sapnrg Leadership
1st Generation – Tan Sri Shamsuddin and Team
2nd Generation – Tan Sri Shahril and Team
3rd Generation – PNB and Team

Najib suggested that either Petronas should take over Sapura Energy or the company should receive government-guaranteed bank loans. Both of these proposals does not involve tax payers

Anwar opposed an immediate bailout, arguing that a forensic audit should be conducted first to identify any mismanagement or corruption.

Both are equally right and half of the work has been done with the 3rd Generation of Leadership.

So time will tell how to save once the 2nd Biggest O&G Company in the World with a Market Capitalization of RM 30 Billion with 10,500 high skill workers and 3000 vendors.

Posted by Income > 1 month ago | Report Abuse

https://youtube.com/shorts/h44Rv8HhAhU?si=dlV4i9QS1KDEFGOd

Posted by Rocky Mass > 1 month ago | Report Abuse

Let's strike direct to the core then... Does a forensic audit done?????

Posted by Mabel > 1 month ago | Report Abuse

No since BN and Najib lost in GE14...

Yesterday BN secured Mahkota by-election victory with nearly 100 per cent vote transfer from PH.

Let's hope for the best so they can take Sapnrg to the next level..

Posted by TalkNumberOne > 1 month ago | Report Abuse

Surprisingly OKU king of terbalik no more noise. 😂😂😂😂 good for him la. Get to maintain 100% wrong prediction record. Perfect wrong. Have to respect this king of terbalik

Posted by TalkNumberOne > 1 month ago | Report Abuse

Mabel chill. It’s a go or no go situation. Don’t need to layan all the keyboard warrior who has no money to buy anything but trying to justify their market participation from forum. 😂😂😂😂😂 we will see if sapura goes into the grave or rise like a phoenix again.

Posted by speakup > 1 month ago | Report Abuse

we are all Keyboard Warriors, just which side your Warrior for
open your eyes

Posted by speakup > 1 month ago | Report Abuse

Pmx still slumber, still doesn't realise he win or lose in GE16 depend a lot on Sapnrg save or not

Posted by Mabel > 1 month ago | Report Abuse

Cheers T#1

Mabel got so excited with Capital A - From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

Soon it will cum to Sapnrg too...

Meow Meow Meow

Posted by Mabel > 1 month ago | Report Abuse

TalkNumberOne Surprisingly OKU king of terbalik no more noise. 😂😂😂😂 good for him la. Get to maintain 100% wrong prediction record. Perfect wrong. Have to respect this king of terbalik
30/09/2024 7:42 AM

hihihi

Posted by mf > 1 month ago | Report Abuse

BREAKING
Japan’s Nikkei falls over 4%,

Posted by Rocky Mass > 1 month ago | Report Abuse

If no forensic audit likely no bailout from gov related ....

the white knight should be from private entity....

With MYR strengthening and white knight 'kept hidden' ... we knew the current direction where SAP going to ...

Latest updated news is urgently needed..

Posted by kyliew > 1 month ago | Report Abuse

GG dot com

Posted by Nikmon > 1 month ago | Report Abuse

2 buy as for now, BIMB and UOB, BIMB is the fan of SAP, has been call buy since 2 years and never give up. UOB is the interesting one, look back his previous report accurately point out that the earlier exit Pn17 in 2025 year ago.

Posted by Huangbk72 > 1 month ago | Report Abuse

Today will be 1000 days SAP wake service

Promoters all stuck for years in SAP

Degil don’t listen to kind hearted advise. Now all eating humble pies

Lost Capital, Time and FD interest

Really put money in FD better than SAP 😂

Posted by Dav Yau > 1 month ago | Report Abuse

Put money in Sapura is better than putting money in FD. By next year February you will get a return of 300%>>>>>lol

Posted by Huangbk72 > 1 month ago | Report Abuse

Hahaha.. If today buy, maybe next year can be better than FD.

If buy and hold 2 years like that super promoter Coconut Felix .. FD is surely better 🤣🤣🤣🤣

Posted by nisah395 > 1 month ago | Report Abuse

Director self buying-selling @0.035 ?

Posted by dompeilee > 1 month ago | Report Abuse

If there's no clawback of at least $2 bil of overinflated salary paid to ex-robber CEO, there will be NO WHITE KNIGHT because of the risk of their capital being siphoned off dubiously again! No fund no matter how big will risk trying to put up the price of a deadweight co. with more scrip outstanding than Maybank AND UEMS combined! Moreover oil is falling >20% from peaks so the biz will dry up...

Posted by kyliew > 1 month ago | Report Abuse

White knight stories heard a lot but whether there's such existence only GOD knows... Haha.. Said it whatever you want to say

Posted by kyliew > 1 month ago | Report Abuse

When u prioritize meritocracy n putting capable ppl in the top, this is the outcome shouldn't be at least we alrdy expected

Posted by PryorBuyer > 1 month ago | Report Abuse

why so serious, everyone know sapura is goreng stock

Posted by Loh Kok Wai W > 1 month ago | Report Abuse

Habis cerita...last month sold..lost 2000 rm.....surrender...

Posted by Mabel > 1 month ago | Report Abuse

Dav Yau Put money in Sapura is better than putting money in FD. By next year February you will get a return of 300%>>>>>lol
30/09/2024 2:19 PM

#kyliew White knight stories heard a lot but whether there's such existence only GOD knows... Haha.. Said it whatever you want to say
30/09/2024 4:34 PM

kyliew, you need to attend the AGM. This was mentioned by the board.

White Knight fully committed. Committed letter Feb 2024, Confidence to the lender, White knights significant help but remain anonymous...

They will appears when the times cum according to the Board. Mabel has more faith in Sapmrg 3rd Generation Leadership.

Sapnrg Leadership
1st Generation – Tan Sri Shamsuddin and Team
2nd Generation – Tan Sri Shahril and Team
3rd Generation – PNB and Team

Anyway, It's not too heavy to hold Sapnrg at 3 sen holding cost, can cover easily from Mabel's 3 Bank Dividends..

Beside it looks so green in Mabel's P&L...

Mabel is so excited from Capital A Turnaround story : PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

As Dav said, looking forward for another excitement with Sapnrg cum Next year...

Take it easy as there are many other counter to choose..stay out from Sapnrg if you don't believe in their turnaround story..

To Our Success

Meow

Posted by intansri > 1 month ago | Report Abuse

Good point and asking the opportunists don’t come over. So far a group of players from AffinHwang (broker code 68) enjoy making profit within half a cent which is more than 12% profit. If you no holding power, please don’t buy sell

Posted by intansri > 1 month ago | Report Abuse

If u buy from seller when someone tell you to buy, the sellers are 68. When share due and want to sell back, the butcher buyers are 68 also

Posted by TalkNumberOne > 1 month ago | Report Abuse

Okay now can safely masuk, bunch of OKU think alike - aka the king of terbalik appear out of no where. Thank you in advance all the OKU gang. You all never failed me have made handsome money just betting against you. 😂😂😂

Posted by Mabel > 1 month ago | Report Abuse

Back to 4 sen..hihihi

Posted by Dav Yau > 1 month ago | Report Abuse

Stay tune...from now on lots of news will coming out from Sapura. Some are good news, Some are bad news, Some are not very good news, Some are not very bad news, Some you like to hear news, Some you don't like to hear need....it will go on and on till February comes. This is the way they will play the game and Goreng Sapura up the mountain. We will be on the HighWay enjoying the profit....if it is a Reverse Gear....then all will be down in the drain.....lol

Posted by Mabel > 1 month ago | Report Abuse

Right Dav...

As long it stays at 3 sen and above, it looks beautiful on Mabel P&L...hihihi

Posted by Mabel > 1 month ago | Report Abuse

Over the last month, PN 17 Capital A Berhad’s stock price surged by 29%. Year-to-date (YTD), the stock has shown a significant increase, reflecting a strong recovery and investor confidence.

From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

Meow Meow Meow

Posted by Mabel > 1 month ago | Report Abuse

Likewise Sapnrg, cum next year...From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

Meow Meow Meow

Posted by Loh Kok Wai W > 1 month ago | Report Abuse

Don't touch oil counter...world oil price will seen 50 usd ..in future....

Posted by SinGor > 1 month ago | Report Abuse

EU cannot produce economical EV car yet tries to Ban China EV,
India, Africa and South America have about 2.8 Bil population Cannot switch over to EV without financial
support from Rich countries ( both EU and US spend 1.3 Trillion in Ukraine war--need more taxes for Gov
machinery to function, donation to poor countries, you dream ) Furthermore USA 35 Trillion Debt, will
surely turn $ into toilet paper sooner or later

Posted by SinGor > 1 month ago | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Indonesia-Asks-Exxon-To-Boost-Oil-Production.html

Posted by Mabel > 1 month ago | Report Abuse

KLCI Biggest Mover today are the Commodities. Well done PCHEM and KLK Plantation!

Posted by Income > 1 month ago | Report Abuse

https://youtube.com/shorts/y-l4B_oHJaI?si=KS5WVRMrOiZUr19r