[New post] Maybank IB: Sapura Energy – SELL TP RM0.05 (Previous RM0.10)

alanyeo posted: " 1H22 results came in below TP cut to MYR0.05; need to put the house in order While SAPE has been able to refinance its debts in the past, its position remains vulnerable. Stretched balance sheet, tight cashflows, poor execution and continuous cos" Respond to this post by replying above this line New post on Alpha Edge Investing Maybank IB: Sapura Energy – SELL TP RM0.05 (Previous RM0.10) by alanyeo 1H22 results came in below TP cut to MYR0.05; need to put the house in order While SAPE has been able to refinance its debts in the past, its position remains vulnerable. Stretched balance sheet, tight cashflows, poor execution and continuous cost overruns will weigh down on its ability to recover. These challenges will outweigh […] Read more of this post This post is ad-supported ​ alanyeo | October 1, 2021 at 2:28 pm | Tags: Sapura Energy Bhd | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-4Fv Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/10/01/maybank-ib-sapura-energy-sell-tp-rm0-05-previous-rm0-10/ Thanks for flying with WordPress.com