Not trying to rub salt la, i also loser in Marco Polo and Nam Cheong , ran away fast already if not losses even greater. I blindly thought that uptrend was there but it ended up being distribution instead.
Thats why now i go around counters trying to advise people to give up on some useless counters and dun get deeper into the shit, run while u can...but ofc la alpha suspension want run also cannot run
Thats why now i go around counters trying to advise people to give up on some useless counters and dun get deeper into the shit, run while u can...but ofc la alpha suspension want run also cannot run
gravity8888 ( Date: 14-Jan-2020 10:30) Posted:
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Yes agree
gravity8888 ( Date: 14-Jan-2020 10:30) Posted:
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wa about more than 200k SGD leh...how to write off sia holy shit...why buy so much
pkli899 ( Date: 14-Jan-2020 10:29) Posted:
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Everyone have their up and down in any counter.. Let not be complacent and add salt further to wound... Who know... Karma is a bitch..

Please dun remind me....
I dun want to count la.....
6 or 7 m la......

 
halleluyah ( Date: 14-Jan-2020 10:24) Posted:
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Fools oil... sometimes some company struck oil but already spend all their money...and also have debt
many forummers don' t read report or never read it thoroughly. When this coy struck oil, its in the brink of cannot pay debts and owing big debts.
Also, not only in this thread but in other threads.. i realise some forummers keep blowing the wind up without any prior evidence at all of how the coy is doing. Penny run recently not due to fundamentals at all. 
anyway, only can wish all who holding the best of luck and good riddance. 
 
Also, not only in this thread but in other threads.. i realise some forummers keep blowing the wind up without any prior evidence at all of how the coy is doing. Penny run recently not due to fundamentals at all. 
anyway, only can wish all who holding the best of luck and good riddance. 
 
bro pk, lu hoot how many million shares in it??
pkli899 ( Date: 14-Jan-2020 10:15) Posted:
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Haha.......dun worry, not upset with u at all.
Just joking la.
Just joking la.
Trader-101 ( Date: 14-Jan-2020 10:19) Posted:
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Typo : I think is announce oil delivery not oil production
Trader-101 ( Date: 14-Jan-2020 10:19) Posted:
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Because must be mentally prepared mah no choice...if not you all dk how many weeks or months later still obsessed with alpha lifting suspension
Alpha announced oil production nia creditors not even a week the come after alpha already end up halt
I mean if lift suspension is a good thing la but what if it ends up like a penny ( i forgot the name ) they planning to transfer 100% of all shares to creditors at $0, even worse...
Ofc hope i am wrong la, if i am right, dk how many ppl gonna suffer sia...a tragedy ...
 
Alpha announced oil production nia creditors not even a week the come after alpha already end up halt
I mean if lift suspension is a good thing la but what if it ends up like a penny ( i forgot the name ) they planning to transfer 100% of all shares to creditors at $0, even worse...
Ofc hope i am wrong la, if i am right, dk how many ppl gonna suffer sia...a tragedy ...
 
pkli899 ( Date: 14-Jan-2020 10:15) Posted:
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U really pour ice cold water on us.....
Hope u get it all wrong......haha.

Hope u get it all wrong......haha.
Trader-101 ( Date: 14-Jan-2020 10:00) Posted:
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Dun be so silly lol, the creditors know much more than us. Confirm the company is unable to settle it if not why the creditors dw settle with the company when it is a presumably profitable business with oil flowing ? My guess is that high costs resulting in higher expentiture from extracting oil, probably not earning much after deducting costs not to mention their outstanding debt. Rex is a way btr company withh no debt and strong war chest and yet now start to decline already not to mention alpha lol. Also Oil is always fluctuating in prices so maybe creditors have no faith in it as well.
Thanks god i havent go in then halt liao if not i also dk what to do also, probably yall be prepared to write off the vested amount into alpha...
Thanks god i havent go in then halt liao if not i also dk what to do also, probably yall be prepared to write off the vested amount into alpha...
I think must go Alexandra Techno Park ask them what' s going on?
gravity8888 ( Date: 14-Jan-2020 09:32) Posted:
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All waiting man.. Seems like this counter missing out alot of runs
Any idea how' s alpha energy now?
Current oil price can see around 1.3B US$....oil price continue to escalate, it will be much more $.....hope the fast return soon.....
Jesmar ( Date: 04-Jan-2020 00:09) Posted:
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Hope can return trading fast as oil counters in favor now... if listed prob now 6-8 cts leow... Wat is $3.1m. Hope mgt can give some guidance on the negotiation and a time line for investors to prepare.. .. Huat ah. Happy trading folks!
Read through the last few paragraphs that explain the reason for the loan default issue. It was due to delays in the EPF startup.
pkli899 ( Date: 03-Jan-2020 22:05) Posted:
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Thank you for sounding out this article.
It seems still got hope, especially since there is a USD3.5m set aside (presumably for payment of loan).
Now is see how the negotiation proceed.
Since AIDEA, a state owned entity, is suppose to help promote, advance and develop the growth of economy of Alaska,
through financing and investment etc, they would probably not made it too difficult for the first independent oil company that set foot there.
Otherwise, attracting further investments would be hindered.
Interestingly, the article mentioned the oil production is expected to be worth USD1.3B!
It seems still got hope, especially since there is a USD3.5m set aside (presumably for payment of loan).
Now is see how the negotiation proceed.
Since AIDEA, a state owned entity, is suppose to help promote, advance and develop the growth of economy of Alaska,
through financing and investment etc, they would probably not made it too difficult for the first independent oil company that set foot there.
Otherwise, attracting further investments would be hindered.
Interestingly, the article mentioned the oil production is expected to be worth USD1.3B!
borneo2017 ( Date: 03-Jan-2020 21:32) Posted:
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