沙布拉能源(SAPNRG,5218,主板能源组)危机未解 债务重组获放行
(吉隆坡11日讯)沙布拉能源(SAPNRG,5218,主板能源组)成功获得高庭批准展开债务重组计划,大马投行认为,该集团资金流危机未解,也没有能力去争取新合约,整体前景依旧严峻。
沙布拉能源和旗下22家独资子公司周四获得高庭发出庭令,可配合债务重组计划召开债权人会议,同时限制债权人在3个月内展开任何诉讼,以确保公司能与债权人展开洽商。
大马投行表示,沙布拉能源资金流危机,以及潜在飙高的拨备,都令该集团短期交付和赚益前景笼罩在不确定因素之中。
“就算高油价环境,令全球工作流前景改善,但疫情对沙布拉能源的盈利创建能力的影响,远比其他服务供应商来得深远。”
无力争取新合约
沙布拉能源2022财政年首9个月录得23亿令吉亏损,截至去年10月杪总债务达到107亿令吉,但现金仅有5亿9000万令吉,净负债比达到1.5倍。
此外,该行指出,沙布拉能源2022财政年第三季并未赢得任何新合约,集团剩余订单已按季减少32%至76亿令吉,几乎只有2022财政年营业额的1.5倍水平,同时债务重组计划也令集团没有财务能力去争取新合约。
“在进一步亏损的前景下,沙布拉能源现以清仓大甩卖的估值进行交易。任何潜在筹资计划可能大幅稀释现有股东持股,因为我们决定维持其‘卖出’评级,目标价为3仙。”
国投:投资组合影响微
另一方面,沙布拉能源大股东国民投资公司(PNB)也就最新发展做出回应,承诺将继续坚定不移地保护单位持有者的最佳利益,并强调沙布拉能源情况仅会对投资组合带来些许影响,以现有市价来看,沙布拉能源曝险度不足总管理资产的1%。
国投说,了解沙布拉能源受到油气业动荡,以及冠病疫情负面冲击,而相关影响已反映在集团财政表现,进而导致集团面对流动性长期吃紧,以及卖主和供应商因拖欠款项展开的多项诉讼行动。
“庭令将确保沙布拉能源可重组资产负债表,并让集团立于更可持续性的方向。”
沙布拉能源今日跌0.5仙,报收3.5仙,全天共有1614万1400股易手。
https://www.sinchew.com.my/20220312/%E6%B2%99%E5%B8%83%E6%8B%89%E8%83%BD%E6%BA%90%E5%8D%B1%E6%9C%BA%E6%9C%AA%E8%A7%A3-%E5%80%BA%E5%8A%A1%E9%87%8D%E7%BB%84%E8%8E%B7%E6%94%BE%E8%A1%8C/
Singapore Investment
-
-
-
I Bought MPACT1 hour ago
-
-
-
-
-
-
-
Portfolio Update9 hours ago
-
-
-
-
-
-
-
-
-
-
Dubai vs. Singapore: Which City is Better?23 hours ago
-
-
Bitcoin Halving: Buy Now, Sell Later?23 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
Beware Of Scams1 day ago
-
-
-
Buying a home for face2 days ago
-
-
-
-
-
-
-
-
-
-
-
-
Finance Investment Movement 445 days ago
-
-
-
-
Going REITs Shopping Again6 days ago
-
-
Weekly Markets Outlook6 days ago
-
Market indeed coming down6 days ago
-
Cory Diary : Dividend Q1 '246 days ago
-
-
-
-
-
-
-
-
Banks and Miles Report – Mar 20241 week ago
-
-
Revisiting Bitcoin1 week ago
-
-
-
-
-
-
2024 (Portfolio Update)2 weeks ago
-
-
-
-
Retirement Journey Update for March 20242 weeks ago
-
-
-
1Q 2024 Investment Strategy Update2 weeks ago
-
-
Portfolio Summary for March 20242 weeks ago
-
Reasonable Dividend Yield 2024Q23 weeks ago
-
-
-
Portfolio (March 30, 2024)3 weeks ago
-
-
-
QAF #77 - 2023 Annual Report3 weeks ago
-
Lentor Hills Residences3 weeks ago
-
Burnt out!3 weeks ago
-
-
-
Feb 2024 Expenditure3 weeks ago
-
-
Starting Our Second Property Cycle4 weeks ago
-
-
-
-
-
-
-
-
-
Feb 2024 Portfolio1 month ago
-
-
Summary of February 20241 month ago
-
The Market Is A Scam!1 month ago
-
-
-
-
-
-
-
-
Options Trading Journal Jan 20242 months ago
-
-
-
-
-
-
-
-
End of 2023 Review3 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report3 months ago
-
Monthly Summary of November 20234 months ago
-
3 Simple Poker Strategies for Beginners4 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?4 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates7 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
A New Light11 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-