Posted by BLITZRIEG > 1 day ago | Report Abuse

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

Posted by Mabel > 1 day ago | Report Abuse

As per last AGM White Knight is still on..

Posted by Mabel > 1 day 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 > 9 hours ago | Report Abuse

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

Posted by Mabel > 8 hours 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 > 7 hours 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 hour 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 hour 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.