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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.
  DickyMe Does cutting parasitic workforce included in restructure exercise or just "kita jaga orang kita"? 27/05/2025 9:40 AM  SinGor I agreed with BIMB, it is not fair to give 40% discount---But let me point out, it is Gov who give RM10bil to start-up PNB, now they are worth RM100 bil---Based on compounding rate PNB should give back about RM60bil to Gov---so far not a single Cent 27/05/2025 11:50 AM SinGor 27 May --PN17 exit submission to Bursa---about 9--10June Reply??? ( 2 weeks ) 27/05/2025 7:28 PM  Rocky Mass Gov ask for MGO waiver... 0.045 = 0.90 0.040= 0.80 Gov got 40% discount... once listed post consolidation if gov sell .. it is considered near to profit 40%.. correct me if wrong . 27/05/2025 8:25 PM SinGor many remisiers have told me Tony( AA ) has approached Anwar more than one time to secure a "Gov"Loan and Anwar says NO ----So Tony pleads Umno Datuks for help---donT know what will come? 27/05/2025 9:29 PM  Sslee Bankers haircut, shareholders hair cut, goverment loan/RCP one stone kill two bird to save local suppliers and O&G supply chain ecosystem at the same time RCP low conversion price should benefit Government. The question why local suppliers no haircut? 27/05/2025 11:46 PM Sslee In the latest restructuring plan unveiled last Wednesday, Sapura Energy wants to convert bank borrowings of RM2.74 billion into equity and redeemable convertible unsecured Islamic debt securities (RCUIDS). An amount of RM1.69 billion that it owes banks will be converted into RCUIDS at RM1.20 each, while another lump sum of RM1.05 billion in bank borrowings will be converted into Sapura Energy shares at 80 sen each (price after a proposed share consolidation and capital reduction). In addition, banks will take a haircut of RM750 million. Meanwhile, Sapura Energy will pay off about RM1 billion that it owes vendors with the RM1.1 billion that MoF is injecting into the company. For its RM1.1 billion injection, MoF will be issued redeemable convertible loan stocks (RCLS), which will be priced at 48 sen apiece, as opposed to Sapura Energy’s pro forma share price of 90 sen (after the 20-to-one share consolidation exercise based on the market price of 4.5 sen). The RCLS carry a coupon of 2% to 4%, much lower than the 4.85% to 8.65% interest rate incurred by the company, according to its filing with Bursa Malaysia on May 14. 27/05/2025 11:52 PM SinGor What was submitted is just a "Plan"---Management still needs to hold EGM and signatures from All the Taiko ---maybe 3 months than resubmit for Bursa final approval--if fast track Oct or Dec 2025----Kawtim---Then Haircut announcement---Long time for Goreng Master 28/05/2025 10:59 AM Nikmon Base on the circular process, once receive approval from Bursa, EGM will be held to seek approval from stakeholders for the plan. Sep or Oct will be the date start implement the plan 28/05/2025 11:21 AM TalkNumberOne Haha what if the restructuring happens after August? And the green green quarter generate enough cash. 😍😍😍 28/05/2025 1:50 PM TalkNumberOne The restructuring plan is done without forecasting future income. From white knight 1.8billion revise to 1.1billion. 2 more quarters and can we generate enough. 28/05/2025 1:58 PM  speakup Why Qatar give trump big aeroplane? Qatar should have taken over Sapnrg instead 28/05/2025 3:15 PM Loh Kok Wai W like play basketball...u pass to me ,i pass to u .....price still there.... 28/05/2025 4:52 PM Rocky Mass Banks got haircut.. shareholders got haircut?? MDH is to be the single largest holder ... delisted possible? 30/05/2025 9:26 AM thetruthstory its month end, end of month, monday already new month, is reg plan submitted yet? 30/05/2025 3:23 PM thetruthstory some more, monday holidays, tuesday even more into new month, reg plan still in the air? 30/05/2025 3:24 PM  Mabel Sapura Energy Berhad (SAPNRG) is expected to release its next quarterly report (QR) on 30 April 2025, with an estimated announcement date of 27 June 2025 31/05/2025 8:17 AM Mabel Sapura Energy Berhad (SAPNRG) has had fluctuating financial results in its previous quarterly reports. Here are some highlights: • Q4 (Jan 2025): Revenue of 1.19 billion MYR, profit before tax of 561 million MYR, and net profit of 411 million MYR. • Q3 (Oct 2024): Revenue of 1.15 billion MYR, but a net loss of 286 million MYR. • Q2 (Jul 2024): Revenue of 1.21 billion MYR, with a small net loss of 4.3 million MYR. • Q1 (Apr 2024): Revenue of 1.18 billion MYR, net profit of 82 million MYR. 31/05/2025 8:17 AM Mabel The company has seen some recovery in Q4 2025 after previous losses.Coming result should be super green to support the regulation plan. Qatar make a big mistake to give Trump Big Air Force One. They shoyld have taken over Lady Sapnrg instead 31/05/2025 8:17 AM Mabel KUALA LUMPUR: AirAsia owner Capital A Bhd returned to the black with a net profit of RM689.57 million in the first quarter ended March 31, from a net loss of RM91.55 million a year ago. The carrier posted an earnings per share of 15.9 sen in 1QFY2025 compared with a loss per share of 2.2 sen in 1QFY2024. Revenue for the quarter rose 15.2% to RM414.52 million in 1QFY2025 from RM359.76 million in 1QFY2024, driven by growth from its logistics, MRO services, and digital businesses. No dividend was declared during the current quarter. The last dividend declared by Capital A was 90 sen per share for FY2019. The group had planned to exit its Practice Note 17 status by May after receiving approval from shareholders and the High Court on its regularisation plan. Well done Capital A....next is Sapnrg Meow Meow Meow 31/05/2025 8:19 AM DickyMe LOL! FGV delisting soon. Another Marble's battleship bakal karam. SAP following soon. Nothing looks great on the horizon for M'sia. 31/05/2025 6:00 PM Mabel DickyMe LOL! FGV delisting soon. Another Marble's battleship bakal karam. SAP following soon. Nothing looks great on the horizon for M'sia. 13 hours ago Haha, Poor Dicky for missing FGV too… While Cycle & Carriage (Singapore) and YTL made generous offers to Mabel when they privatized Cycle & Carriage (Malaysia) and La Farge (Malaysia), FGV—once trading at RM4.55 in 2012 (Malaysia’s second-biggest IPO after Facebook)—also aimed for privatization, offering only RM1.30 per share. Anticipating this move, Mabel sold FGV at RM2, knowing it deserved a much higher valuation. Eventually, FELDA and its related parties ended up holding more than 85% of FGV after launching a takeover in December 2020 at RM1.30 per share. The offer ended in March 2021, and since then, the company has extended its deadline six times to fulfill the required public shareholding spread. With just 3.07% of shares still outstanding—equivalent to 111 million shares—the company is on the brink of full privatization. If this is the ultimate goal, they should act honorably and offer genuine investors a fair price based on the company’s assets. Suppressing the share price simply to hold more than 80% ownership is unfair and disappointing. Honestly, I feel bad for those who remain, still believing in this incompetent company. Meow 01/06/2025 7:10 AM Mabel Whaaa so nice... Sapnrg and Capital A are this week Top 3 Hot Stocks... Life is so beautiful when you know what you are doing...hihihi... 01/06/2025 7:13 AM Mabel Key Differences FGV’s delisting is due to FELDA’s takeover, while Sapura Energy’s delisting concerns stem from financial instability. FGV remains profitable, whereas Sapura Energy has faced years of losses and restructuring. FGV’s privatization is strategic, while Sapura Energy’s situation is more of a rescue effort. Meow 01/06/2025 7:38 AM Mabel FGV Holdings Berhad and Sapura Energy Berhad (SAPNRG) operate in vastly different industries—plantation and palm oil versus oil and gas services—so their growth potential depends on various factors. FGV Holdings Berhad • Stable Revenue Streams: FGV benefits from steady demand for palm oil, which is a key commodity in food and biofuel industries. • Profitability & Expansion: The company has shown strong financial performance, with improved margins and higher contributions from its plantation and sugar divisions. • Market Position: As one of Malaysia’s largest palm oil producers, FGV has a dominant market presence, making it less vulnerable to extreme volatility. Sapura Energy Berhad (SAPNRG) • Financial Recovery Efforts: SAPNRG has undergone major debt restructuring, reducing its total debt from RM10.8 billion to RM5.6 billion. • Government & Institutional Support: Malaysia’s Ministry of Finance has invested RM1.1 billion in the company, signaling confidence in its recovery. • New Contracts & Business Growth: SAPNRG has secured RM3.2 billion worth of drilling contracts, indicating potential for future revenue growth. Comparison & Growth Potential • FGV has a more stable business model, benefiting from consistent demand for palm oil. • SAPNRG has higher growth potential if its restructuring plan succeeds, but it carries more risk due to past financial struggles. • FGV is less volatile, while SAPNRG is in a turnaround phase, making it a higher-risk, higher-reward investment. Right now Mabel under Mabel Turnaround PN 17 Battleships are Sapnrg and Capital A.. FGV has already served it's purposes and now history as far Mabel is concerned... Meow 01/06/2025 7:46 AM SinGor Once a Hot topic --US$ will turn into toilet paper---Actually it already beginning, under Trump 2025, US$ drops 10% since Jan.....another 10years maybe $ will lose 75% of its value ( I see almost 99% coming ) If you move your family to USA as permanent citizen, each family member owe Fed Gov $ 250,000 to paid off national Debt. I see SAP and AAX as main beneficiary if US$ drops to maybe 1myr = $US 5 ( almost same as 1myr to Yuan ) 06/06/2025 10:41 AM Huangbk72 After 3 long long years.. proven this Coconut Felix failed big time. Now SAP below his cost.. really put FD better than SAP. Trust him and go Holland 🤣🤣 Buy in 2025 is smart.. gratz 10/06/2025 3:33 PM metaverse When it was trading around 5sens I have told you all this company is a crab and those uncle who missed the bus to Genting must now be trapped at penthouse level. Those who said they will report me to mmcc like the cartoonist artist now all gone already maybe also burn by this counter 🤣 10/06/2025 5:36 PM TalkNumberOne Sui Liao, uncle charcoal made noise it’s time to fly. show off your 100% wrong prediction. Haha aku tak tau macam mana la. 10/06/2025 7:41 PM Huangbk72 LOL.. This batch of promoters from 3 years ago Sot already. Same as that Coconut Felix🤣🤣 3 years ago 4/5c... now same 🤣🤣🤣 Really masuk prison too long 10/06/2025 8:00 PM EK4787 the opportunity cost for holding this stock is too high.. i quit at loss, better late than never. 11/06/2025 9:14 AM metaverse Can't understand why the government is trying to throw the good money after bad. If they give RM1b to bailout AirAsia, after ten years Tony will be able to repay the loan with 10X return. Rafizi was very outspoken during BN's time and disagreed to use public money to bailout this problematic company so Rafizi is the best candidate to become Malaysia Prime Minister and the only person with the wisdom to clean up the mess left behind by BN. 11/06/2025 10:08 AM abidinaa I am testing my patience here I don't know for sure how much longer. There are still many more hurdles to overcome. 11/06/2025 10:10 AM DickyMe Cannot trust politician from a specific species. When not in power, they squawk populist statement. When in power, somehow they become cultist and meek as a sewer rat. Too many examples and with that it applies to Rafizi too. 11/06/2025 11:10 AM TalkNumberOne 😂😂😂😂 uncle charcoal has made noise don’t ignore this. 100% wrong prediction equals to 100% win rate. Uncle charcoal make noise buy, uncle charcoal quiet sell. Sui Sui made so much money who needs to work? 11/06/2025 12:02 PM TalkNumberOne Uncle charcoal thank you very much. You are the light house. Haha brighter than any loser in casino. 11/06/2025 12:03 PM Code129 When it comes to politics, nothing is perfect. It's all about power and profit 11/06/2025 12:03 PM Rocky Mass From what i could see the bail out is to be merely saving those contractors and saving the company to continue operating... it was not a bail to rescue the shareholders... especially the substantial holders other than GLC/GLIC.. there is chance the co delisted 50/50.. 11/06/2025 3:44 PM bullrun168 Oil rises to 7-week high on US-China trade deal By Enes Tunagur June 11, 20259:11 PM GMT+8 LONDON, June 11 (Reuters) - Oil prices rose to their highest in seven weeks on Wednesday as U.S. President Donald Trump said a deal had been done with China, heightening expectations of a de-escalation in trade tensions between the world's two largest economies. Brent crude futures were up $1.15, or 1.7%, to $68.02 a barrel at 1249 GMT, while U.S. West Texas Intermediate crude was up $1.31, or 2%, to $66.29. At that level, WTI reached its highest in more than two months. 12/06/2025 1:13 AM bullrun168 Oil settles up 7% as Israel, Iran trade air strikes By Erwin Seba June 14, 2025 7:21 AM HOUSTON, June 13 (Reuters) - Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East. Brent crude futures settled at $74.23 a barrel, up $4.87, or 7.02%, after earlier soaring over 13% to an intraday high of $78.50, the strongest level since January 27. Brent was 12.5% higher than a week ago. 14/06/2025 11:09 AM  |
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