|
| |
Overview
Financial Highlight
HeadlinesBusiness Background Sapura Energy Bhd is an integrated oil and gas services and solutions provider. It is engaged in the exploration, development, production, rejuvenation, as well as decommissioning and abandonment stages of the value chain. Its Operating segments are Engineering and Construction, Drilling, Energy and Corporate. Activities carried by the Engineering and Construction business segment are installation of offshore platforms, marine pipelines and subsea services, engineering, procurement, construction and commissioning services and repairs and refurbishment of industrial gas turbines, supply, installation, commissioning and maintenance of point-of sale systems for petrol stations and asset management services for offshore installations.
  Loh Kok Wai W If FEAR...lost money in share market..better save money in Bank........ 31/01/2023 2:49 PM Win288288 Whole market red today x only 5218, most likely abt fed interest rate rising i guess? 31/01/2023 4:35 PM Win288288 https://m.au.investing.com/news/commodities-news/oil-steadies-after-falling-on-rate-hike-worries-russian-crude-flows-2773829 31/01/2023 5:04 PM Nikmon If deal with lender has seal, price should have spike....only left 4 weeks.... 01/02/2023 12:16 PM  SinGor A rather complication negotiation. Right now it is CDRC nego with financial Bankers with SAP submitted plan on 29Sept 2022 ( New SAP plans can be re-submitted to CDRC if nego failed---no time Limit ) However SAP has left 5months to submit "agreed" Regularisation Plan to Bursa to get out of PN17 ( Good news here is Bursa allows Scomi to delay regularisation plan-----now 3years ) If nego & failed submission to Bursa, then SAP can file for High Court to decide. If failed, then can file for Appeal Court to decide, if failed SAP can request 6 Federal Court Judges to Decide---Everything Failed, like Najib can ask United Nation Judges to Decide?????????? All in All about 13years to settle. Your 18years Old may graduate with a PHD degree when everything is settled 01/02/2023 2:41 PM SinGor SAP has big mountain PNB behind unlike SerB....the show will last very, very long 01/02/2023 2:47 PM BobAxelrod So, you're literally saying the courts cases, regularisation plans can drag forever into decades and while time passes, the INTEREST ACCUMULATION on over 11 B of Debts is also waived and non-existence??? And all these while, the stock prices stays at 4c???? How's that going to benefit investors??? The real issue is not the WHAT...but the HOW to settle debts and WHY must not be dragged....understand, kid? 01/02/2023 2:57 PM kyliew Velesto CEO in recent interview said 5 yrs ago they also took a massive debt restructuring now the result is bearing fruit if not because of C19 might be earlier than current 01/02/2023 3:02 PM SinGor Bob-No-Hope, you are not a Biz man, just a Lazada delivery boy. Nobody list their Co, if Biz can earn alot of Cash.......Listing means used "someone money to make more money" for "YOURSELF only ( investors 2nd in line ).....BHD means 100---1000 years( no death Certificate Required, until you have depleted All your investor Cash ) So what is DEBT True meaning in Listed Co. just a #, can carry on loading until Auditor resigned. I say just Buy shares if you think can make "Capital Gain" or Good Dividend and Nothing else 01/02/2023 3:14 PM BobAxelrod Silly kid...don't get it wrong. Debts are GOOD. Borrowings for Assets to churn more income is fantastic. But, bad debts and amount over your head, with the ship leaking everywhere, you go figure. 01/02/2023 3:15 PM Nikmon Restraining order expired on early March.....very soon, if no extension lender take legal action against SAP.....no news on extension, no news on debt restruture..... 01/02/2023 3:26 PM  Income Wow, I admired your insight. Posted by SinGor > 11 minutes ago | Report Abuse Bob-No-Hope, you are not a Biz man, just a Lazada delivery boy. Nobody list their Co, if Biz can earn alot of Cash.......Listing means used "someone money to make more money" for "YOURSELF only ( investors 2nd in line ).....BHD means 100---1000 years( no death Certificate Required, until you have depleted All your investor Cash ) So what is DEBT True meaning in Listed Co. just a #, can carry on loading until Auditor resigned. I say just Buy shares if you think can make "Capital Gain" or Good Dividend and Nothing else. 01/02/2023 3:29 PM BobAxelrod LOL....kids calling silly names means nothing. It's not going to change the facts and figures of life. And he has just shot himself in the foot, trying to promote but saying PLC should swindle money from investors with a "Thanks for nothing" note. 01/02/2023 3:50 PM SinGor as far as I am concern, Velesto is far more better managed than SAP. Insurance receipt from Naga 7 has reduce Debt by so much( so easy to be profitable ) Selling all its Rigs and distribute back to PNB will benefit everybody But, but Day-Rate is so,so Good 2023-2024. Day-Rate@$120000, Velesto can make RM170mil per year per RIG ( or 1.02Bil for 6 Rigs plus or minus excluding Expenses ). 2year it can wipe-off all remaining Debt. Selling 6 Rigs in 2025, just imagine how much money can distribute back to investors 01/02/2023 4:41 PM BobAxelrod Then WTF are you doing promoting SAP.....what penthouse level are your trapped in?? 01/02/2023 4:53 PM SinGor SAP has 10--11 jack-Rigs ( 4-5 more than Velesto ) And maybe making $110,000 Day-Rate in December 2022 bcos they are bidding outside Petronas ( given only $80,000 ) 01/02/2023 5:02 PM Nikmon No matter how good prospect of one division, also not rnought to pay back the debt, paying 1.5 billion a year also need 10++ to clear, assume no new loan...worst still SAP group still losing money due to legacy project The price will only move after debt restructure success... 01/02/2023 5:46 PM nicholas99 do business until lost so much money.. some more in the oil and gas industry. not shameful? 01/02/2023 5:54 PM SinGor It is Not how much borrowing/Debt that is important but how well management can utilise them to earn a profit. TNB has 50billions Borrowing. Should be Delisted 20years ago. However Gov give a 30billion Grant. If Gov privatised SAP, Anwar will get a 10Bil HIT. Big Hole in Budget.....Previous finance Minister and now Anwar is thinking how to save SAP and save face as well 01/02/2023 6:46 PM  Mabel Just to add to what SinGor is saying https://www.straitstimes.com/business/sembcorp-marine-egm-on-feb-16-ne... There should be a merger between Mabel Sapnrg and Velesto Battleships making biggest O&G company in Malaysia as both are having the same shareholders which is PNB. Benchmarking: One of Sembcorp subsidiary, Sembcorp Marine plan to merge with Keppel O&M to form one of the world’s largest offshore energy players, as offshore drilling projects dwindled amid a global transition towards renewable energy. If the merger is approved by shareholders, Sembcorp Marine will buy the entire Keppel O&M stake from Keppel Corporation for about $4.5 billion, excluding legacy rigs and associated receivables. The chairman Tan Sri Mohd Hassan Marican will conduct the meeting, which will be held electronically. Captain Mabel Meow 01/02/2023 8:21 PM Ninth007 Buy on fear baby! All in lah What you waiting for Hoot9E .... Jit Pai hoseh liaO 01/02/2023 11:59 PM Win288288 US market green green after fed announment, how about MY today wakakaka 02/02/2023 8:07 AM BobAxelrod Nothing is too big....Lehman Bros, Fannie Mae, Freddie Mack, Madoff.....etc 02/02/2023 9:25 AM Understand Ahya this kuku Bob has been barking all over. I already make a few round evertime he wolf wolf wolf. Don't know why he is here. Maybe got a cat in this Sap i3 miau miau around. 02/02/2023 11:19 AM  Michael R. have faith .. correct... so far he is one of the most outperform PM in the world!!! You see he possess skillful oratory ..very well articulating is argument... can convince everyone... 02/02/2023 2:54 PM Mabel Mabel's Velesto, Icon, Dnex and Sap are running fast today.. Life is so beautiful.. Meow Meow Meow 02/02/2023 4:02 PM Mabel Just to add to what SinGor is saying https://www.straitstimes.com/business/sembcorp-marine-egm-on-feb-16-ne There should be a merger between Mabel Sapnrg and Velesto Battleships making biggest O&G company in Malaysia as both are having the same shareholders which is PNB. Benchmarking: One of Sembcorp subsidiary, Sembcorp Marine plan to merge with Keppel O&M to form one of the world’s largest offshore energy players, as offshore drilling projects dwindled amid a global transition towards renewable energy. If the merger is approved by shareholders, Sembcorp Marine will buy the entire Keppel O&M stake from Keppel Corporation for about $4.5 billion, excluding legacy rigs and associated receivables. The chairman Tan Sri Mohd Hassan Marican will conduct the meeting, which will be held electronically. Captain Mabel Meow 02/02/2023 4:03 PM amirsyam1001 https://www.msn.com/en-my/money/topstories/decision-on-rafizi-s-discovery-application-to-seek-sapura-energy-ex-ceo-shahril-s-remuneration-fixed-for-next-month/ar-AA1715qb?ocid=entnewsntp&cvid=41e9efb6818d4ab28aeb08c2e0c3ca3e 02/02/2023 4:56 PM  | |
