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Insider - CompanyNo Company's Transaction available for this stock.   SinGor Legacy projects with little profit margin are making life very difficult. But with so Many Asset, stop-work is Not a option. This is a Over-expanded Co by Shahril + Mahathir Son. In 2021-22, no choice impairment loss kick-in 8--10Bil 30/03/2024 5:54 PM SinGor If SAP starts work on Legacy projects in 2024, most likely SAP will suffer minimum loss bcos China Steel price has fallen 16% in 2023 ( most likely conT falling in 2024 )----Atleast SAP will earn forex Gain with little real profit----The Real problem is SAP's Sub-Con are Not willing to work unless Old Debt are paid. Once WhiteKnight Cash pours in to paid Sub-Con Debt, most likely SAP revenue will reach 2-3 billion ( with new Bank OverDraft ) as indicated by previous Qr----So Bank Hair-Cut is the Life line for SAP to rebuilt rapidly bcos Oil price is not going down 30/03/2024 8:05 PM  Nikmon After over than a month finally able to deliver the CPP Topside, Main Support Frame (MSF), Living Quarters Module, Helideck and Utility Module loaded from Sapura Yard Lumut and sailing to Offshore Kakinada, India 30/03/2024 11:25 PM  UlarSawa You mean SapOMV loss making all the while kah. Orang cakap oil asset worth 110bil in value leh. Belum extract the value sudah mau jual kah. If sell like that very sad leh. Kesian. Haiyoh. Correct? Posted by Nikmon > 19 hours ago | Report Abuse Remove the Sapomv will result in massive profits lo, look at Sapomv, year year lose money. 31/03/2024 12:49 PM UlarSawa You got read how many company doing project in Indian ada make money one kah. Many pun cerita like cannot receive payment ended up court case one leh. Still so suka get India project lagi kah. Cham or not like this. Haiyoh. Correct? Posted by Nikmon > 13 hours ago | Report Abuse After over than a month finally able to deliver the CPP Topside, Main Support Frame (MSF), Living Quarters Module, Helideck and Utility Module loaded from Sapura Yard Lumut and sailing to Offshore Kakinada, India 31/03/2024 12:51 PM UlarSawa Legacy project pun loss making more sikit leh. You depend on forex to make Janda Sapura turnaround kah. Hard leh. Forex is double edge sword leh. Last QR forex loss so huge leh. Kesian. Haiyoh. Correct? Posted by SinGor > 16 hours ago | Report Abuse If SAP starts work on Legacy projects in 2024, most likely SAP will suffer minimum loss bcos China Steel price has fallen 16% in 2023 ( most likely conT falling in 2024 )----Atleast SAP will earn forex Gain with little real profit----The Real problem is SAP's Sub-Con are Not willing to work unless Old Debt are paid. Once WhiteKnight Cash pours in to paid Sub-Con Debt, most likely SAP revenue will reach 2-3 billion ( with new Bank OverDraft ) as indicated by previous Qr----So Bank Hair-Cut is the Life line for SAP to rebuilt rapidly bcos Oil price is not going down 31/03/2024 12:55 PM UlarSawa Banker want to delay the better for the bank as Janda Sapura still paying interest every Qtr leh. You kira if one year bank get let say 800mil. 2 tahun pun get 1.6bil leh. The longer it drag the higher interest payment the bank received leh. At the end even ada haircut pun banks dont lose so much pasal sudah collected interest payment worth in billions leh. Yang teruk one is trade payable pun takda pay keep ballooning lagi ada siapa mau do business with janda sapura with credit term leh. Ingat pun mau cod term leh. Haiyoh. Correct? 31/03/2024 1:00 PM UlarSawa Janda Sapura trade and other receivable left 55mil only. Mana ada duit to collect lagi and ini macam business takda good leh. Tapi hutang trade payable ballooning to 5.5bil that is 100 times of trade receivable leh. Macam very unbalance leh. Haiyoh. Correct? 31/03/2024 1:06 PM SinGor If SAP manage to convince Bankers to take up shares in SeaDrill Co, to remove All 10Bil Loan. SAP price will jump like AAX---I see no other Options 31/03/2024 4:13 PM SinGor In any way April is the Month for "Major Announcement"----Will not able to Beat 30June Dead line if push further Back-----The time limit is very similar to CapA. After Major announcement, Bursa will give more time like CapA 31/03/2024 4:43 PM UlarSawa Janda Sapura takda capable sweet talker like Tony leh. That could be the issue leh. Tony is a very good sweet talker dead fish pun can talk until it alive leh. Kesian. Haiyoh. Correct? SinGor If SAP manage to convince Bankers to take up shares in SeaDrill Co, to remove All 10Bil Loan. SAP price will jump like AAX---I see no other Options 1 hour ago 31/03/2024 5:34 PM Nikmon All legacy project are losing money, especially the ONGC from India, the earlier complete mean lose lesser... 31/03/2024 5:39 PM UlarSawa Haiyoh after the last PNB bailout plus divesting the the Oil Asset to OMV the debt level dropped from 17 bil to 10 bil mostly pun long term debt more only leh and trade payable stand at 2.6bil only in Q1 2019. Fast forward until latest QR Debt added a bil to 11 bil all are short term loan leh. The worst one are the creditors tak dapat payment increased from 2.6 bil to 5.5bil leh. Ini macam all this while the bailout not working as expected leh. So this time need to sell Oil asset like last one plus new white knight as PNB macam pun not going to pump anymore money leh. Lagi mau haircut PNB own Bank Harimau punya loan amount to dunno how much leh. Will Janda Sapura survive the ordeal this time. Only time can tell leh. As long keep paying the bank loan interest still can drag longer lagi leh. The rest of the deadline macam pun can easily extend macam AirAsia after 3 yrs plus pun extend lagi leh. Janda Sapura only 2 yrs only. Dont see Bursa or Court will insist bah. Kasi chance sikit lah. Extend to 3 yrs should be ok lah. Haiyoh. Correct? SinGor In any way April is the Month for "Major Announcement"----Will not able to Beat 30June Dead line if push further Back-----The time limit is very similar to CapA. After Major announcement, Bursa will give more time like CapA 51 minutes ago 31/03/2024 5:57 PM Nikmon CapA is in better position, loan received, hair cut also completed. capA can drag sap is different, no loan no hair cut and no job. After 5 billion completed, all will use to pay debt. The longer it drag the worst for SAP. Sub con not received money also can't sustain and will not support sap. capA can drag, but sap can't drag 31/03/2024 6:18 PM Nikmon It does not mean SAP 100% can complete all the necessary, bankruptcy is still possible. Cant afford to lose better don't touch this cointer 31/03/2024 6:21 PM SinGor you Bet a few thousand or loss a few Hundred---started screaming here. Have you look at PNB account 3 billion Cash injection plus 10 billion Bank Loan ( say 45% total Loan loan belong to PNB ) You are looking at 8 Billion BET----If cannot Recover, CEO confirmed selling salted Duck Egg at pasar malam 31/03/2024 7:09 PM UlarSawa CEO pun chgd few times already leh. The old one sold salted eggs already unable to perform leh. Now one after 2 yrs still same answer we are almost there leh. Almost but takda cakap when leh. Keep let you all guessing bila leh. Esok kah. Next week kah. Next mth kah. Next Qtr kah or another Qtr kah. No ending lah. So frustration lah. Haiyoh. Correct? Posted by SinGor > 2 hours ago | Report Abuse you Bet a few thousand or loss a few Hundred---started screaming here. Have you look at PNB account 3 billion Cash injection plus 10 billion Bank Loan ( say 45% total Loan loan belong to PNB ) You are looking at 8 Billion BET----If cannot Recover, CEO confirmed selling salted Duck Egg at pasar malam 31/03/2024 9:26 PM dompeilee Brent is running from $77 to $89 & this one still STUCK @ 4.5c. SharEVIL rob in daylight fr co., co. rob in daylight from PNB & ASB( & formerly EPF too)...who pays the bill? You & everyone else who relies on the rugigt oops ringgit. 03/04/2024 7:19 AM  speakup Pmx is soooo blurrrrr! He so desperate for malay voters he keep silent on Akmal socks issue. He doesn't realise he can get tons malay voters by privatising Sapnrg cos almost all it staff and subcontractors are malay 03/04/2024 7:50 AM Nikmon I believe the most losing and longer project ONGC come to an end...no profit but will reduce losses 03/04/2024 9:01 PM SinGor https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436372 ___________________________ There is no Value for this 5 years Contract ( strange: works ALL below water line ) Anyway this is a Petronas Job... I thought Petronas "Kick" SAP out Contract Bidding ( PN17 & no money )----Politicans Arm twisting Petronas ---Maybe, Maybe 04/04/2024 6:41 PM Ninth007 Sapura Energy Berhad (“Sapura Energy” or the “Company”) is pleased to announce that its wholly owned subsidiary, Sapura Subsea Services Sdn. Bhd. (“SSS”) has been awarded with a contract for the Provision of Pan Malaysia Underwater Services for Petronas Group of Companies and Petroleum Arrangement Contractors (“PACs”) (“Contract”) by Sarawak Shell Berhad (“SSB”) and Sabah Shell Petroleum Company Limited (“SSPC”). This Contract takes effect from 31st January 2024 for a period of 5 years. 04/04/2024 9:05 PM Ninth007 Like this how not to remove from PN17 How to delist How not to continue business Jit Pai Hoseh Liao !!! 04/04/2024 9:07 PM Huangbk72 How big can this job be? Its on call service and only cover ancillary services. Nothing about Oil and Gas services. Sapura did not disclose the value of the contract, saying only that it is a call-out contract with agreed unit rates. The scope of work, it said, includes the provision of diving support vessels, air and saturation driving systems, remotely operated vehicles and other underwater services. 04/04/2024 9:15 PM SinGor The scope of work, it said, includes the provision of diving support vessels, air and saturation driving systems, remotely operated vehicles and other underwater services. _________________________ I didnT know SAP got Submarine / remote ( robotics ) repair vehicle----No wonder impairment loss is so Big 04/04/2024 10:21 PM Nikmon Sebelum ini Malaysia Airlines mencatat keuntungan selepas 10 tahun rugi, tetapi hari ini pula giliran Sapura Energy. Kerugian bersih bagi tahun kewangan berakhir 31 Januari 2024 berkurangan dengan ketara kepada RM 508 juta daripada RM 3.16 bilion pada tahun kewangan 2023. The narrative of success of SAP attributes to Gov....not surprised if PM will present on the ceremony between white knights and SAP 04/04/2024 11:42 PM Nikmon Not even turn profit, certain social medial started praise SAP and thank PM and Gov....no profit yet .dare to put PM phote beside SAP.... 05/04/2024 8:24 AM  Mabel Meanwhile, aided by a whirlwind of bullish news, Brent prices surpassed the $90 per barrel threshold and surged past the $91 per barrel mark on Friday morning. The anticipation of Iran’s retaliatory strike on Israel, a developing Mexico export shortage, and the continuation of OPEC+ cuts have boosted sentiment in the oil market recently. On the other hand, the potential of the Fed not cutting interest rates this year could pour some cold water on the oil price rally. 05/04/2024 10:46 PM Nikmon What have the gov or PMX help SAP, why PKR started report SAP associated with PKR...can subcon receive their money before RAYA 06/04/2024 8:24 PM SinGor Want to confirm with my Ipoh La-tok first ( during Raya), Bcos SAP owe his Co. a few millions 08/04/2024 1:54 PM Nikmon 1.5 months since 3 months extension granted. 1.5 months left, still need extension..... 11/04/2024 9:07 PM Alistino G https://www.adelaidenow.com.au/technology/innovation/sooner-than-later-global-conflict-warnings-as-israel-braces-for-attack-from-iran/news-story/ff7cfdf85339596744e1eab597c03ab2 13/04/2024 8:39 PM bullrun168 If Iran attacks Israel, Middle East turmoil could lift oil past $100 a barrel Published: April 12, 2024 at 1:22 p.m. ET By Myra P. Saefong https://www.marketwatch.com/amp/story/if-iran-attacks-israel-middle-east-turmoil-could-lift-oil-past-100-a-barrel-fd76ea09 Oil prices could rise by $15 a barrel if all of Iran’s output is interrupted: analyst Oil traders know the all-too-familiar drill: Heightened tensions in the Middle East have led to a rally in prices — so far to the highest intraday levels in six months. If Iran, one of the world’s largest oil producers, gets directly involved, however, a return to prices of more than $100 a barrel may soon follow. “Nobody wants to be short heading into the weekend,” said Manish Raj, managing director at Velandera Energy Partners. “If the conflicts escalate over the weekend, short sellers will lose their shirts when they wake up on Monday.” What’s happened An April 1 airstrike on Iran’s consulate in Syria, which Tehran has attributed to Israel, killed seven Iranian military officers and prompted a vow of retaliation from Tehran. Since the start of the war in Gaza in early October, there has been a rise in clashes between Israel and Iran-backed Hezbollah militants based in Lebanon. Hamas, which governs Gaza and launched the Oct. 7 attack on southern Israel, is also backed by Iran. News reports have said that an Iranian attack on Israel is believed to be imminent, with the Wall Street Journal reporting the possibility of an attack as soon as Friday or Saturday. The U.S. Embassy in Jerusalem issued a travel advisory on Thursday, warning U.S. citizens in Israel against travel outside of major cities such as Tel Aviv. John Kirby, the Biden White House’s adviser for national-security communications, told reporters Friday that the administration is “certainly mindful of a very public, and what we consider to be a very credible, threat made by Iran in terms of potential attacks on Israel,” and that it was watching developments “very, very, very closely.” Oil rally Prices for oil have climbed so far this month alongside the rising tensions in the Middle East, with U.S. benchmark crude futures trading 5% higher and global benchmark Brent crude gaining closer to 6%. In Friday dealings, May West Texas Intermediate crude CL.1 CLK24 was up 76 cents, or 0.9%, to trade at $85.78 a barrel on the New York Mercantile Exchange after trading as high as $87.67, while June Brent crude BRN00 BRNM24 climbed 90 cents, or 1%, to $90.64 on ICE Futures Europe following a high at $92.18. Both touched their highest intraday levels since October. 14/04/2024 9:58 AM stockraider With or without Iran attack oil price is expected to go above USD 100 loh! 14/04/2024 10:23 AM 0PTech More likely will hit $127 per barrel before going back revisiting $67.50 and by then the bull run towards $437 becomes imminent. 15/04/2024 3:32 AM dompeilee Oil reach $100 (I already predicted at least $98 in Dayang thread weeks ago) also cannot move this TON OF BRICKS by more than 2 ticks!🤣 15/04/2024 7:43 AM Change_ PM-X not good. SapNrg IPO RM 2 only 4.5 sen left cannot be PM again after GE16. 16/04/2024 10:57 AM Mabel https://theedgemalaysia.com/node/708075 Let's hope he can help to turnaround Lady Sapura... 16/04/2024 1:59 PM Mabel With growing tensions in the middle east, and energy prices already on the rise, that weighed on shares. On Saturday evening, Iran launched more than 300 armed drones on Israel. The majority were shot down by Israel, as well as the U.S., U.K. and Jordan. There were no known U.S. or Israeli deaths. Afterwards, Iran said that its attack "can be deemed concluded." Although, Israel responded by saying the situation is "not over." However, for now, the imminent danger has come and gone. And the fear of escalation appears to have been muted at present. If stocks were pressured by the threat of imminent attack, stocks are ripe for a rebound given the better than expected outcome. 16/04/2024 2:26 PM newbie5354_ Any1 here monitor PNB SapNrg dealings? When was PNB last SapNrg purchased and price bought can any sifus know? 16/04/2024 2:41 PM  | |
