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Interra- cheapest oil stock

 Post Reply 21-40 of 1924
 
TraderBen
    02-Dec-2024 16:54  
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So this coming year they likely to push MC above 40m..

Joelton      ( Date: 29-Nov-2024 10:52) Posted:

Interra Resources granted 12-month extension to meet SGX watch-list exit requirements
Interra Resources has been granted another 12-month extension by Singapore Exchange S68 Securities Training (SGX-ST) to meet the criteria required to be removed from the SGX watch-list. 
 
The previous waiver granted by SGX-ST is set to expire on Dec 4. 
 
For its FY2023, Interra Resources recorded a consolidated pre-tax profit, which fulfilled one of the requirements under the exit criteria. 
 
However, as at Oct 25, the company had not had an average daily market capitalisation of $40 million or more over the last six months.
 
The waiver granted to Interra Resources expires on Dec 4, 2025.

 
 
Joelton
    29-Nov-2024 10:52  
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Interra Resources granted 12-month extension to meet SGX watch-list exit requirements
Interra Resources has been granted another 12-month extension by Singapore Exchange S68 Securities Training (SGX-ST) to meet the criteria required to be removed from the SGX watch-list. 
 
The previous waiver granted by SGX-ST is set to expire on Dec 4. 
 
For its FY2023, Interra Resources recorded a consolidated pre-tax profit, which fulfilled one of the requirements under the exit criteria. 
 
However, as at Oct 25, the company had not had an average daily market capitalisation of $40 million or more over the last six months.
 
The waiver granted to Interra Resources expires on Dec 4, 2025.
 
 
TraderBen
    13-Nov-2024 09:31  
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bye bye interra
 

 
TraderBen
    01-Nov-2024 09:56  
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dont think SGX will approve another extension.. they are trying to clear all the nonsense companies.. alrdy extend so many years..
 
 
TraderBen
    25-Oct-2024 19:40  
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Oh oh.. another company gonna be delist soon.. alrdy apply so many times extension
 
 
TraderBen
    21-Oct-2024 10:11  
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not a good deal.. this company isnt making money

Joelton      ( Date: 18-Oct-2024 14:54) Posted:

Interra Resources enters share subscription in Australian mining company for A$0.9 mil
Interra Resources has subscribed for 24,258,333 shares in Morella Corporation Limited for A$873,299.98 ($767,716.27), according to an Oct 17 release. 
 
On Aug 5, Morella announced non-renounceable rights issue of approximately 123,576,552 new shares and 12,129,166 new options to its eligible shareholders. 
 
Morella, which is listed on the Australian Securities Exchange, focuses on exploration and mineral resource development. 
 
The group&rsquo s subscription, which represents approximately 8% of the enlarged issued share capital of Morella, was issued at a price of 3.6 Australian cents per share. 
 
According to the group, Interra Resources is set to hold the new shares and options in Morella on behalf of its wholly-owned subsidiary, Goldwater Company. 
 
The group adds that the share subscription is expected to enable the group to &ldquo hold a long-term strategic investment in a reputable company&rdquo comprising renewable energy project opportunities in Australia and the US. 
 
The share subscription is not expected to have any material impact on the net tangible assets per share and earnings per share of the group for the financial year ending Dec 31. 
 

 

 
Joelton
    18-Oct-2024 14:54  
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Interra Resources enters share subscription in Australian mining company for A$0.9 mil
Interra Resources has subscribed for 24,258,333 shares in Morella Corporation Limited for A$873,299.98 ($767,716.27), according to an Oct 17 release. 
 
On Aug 5, Morella announced non-renounceable rights issue of approximately 123,576,552 new shares and 12,129,166 new options to its eligible shareholders. 
 
Morella, which is listed on the Australian Securities Exchange, focuses on exploration and mineral resource development. 
 
The group&rsquo s subscription, which represents approximately 8% of the enlarged issued share capital of Morella, was issued at a price of 3.6 Australian cents per share. 
 
According to the group, Interra Resources is set to hold the new shares and options in Morella on behalf of its wholly-owned subsidiary, Goldwater Company. 
 
The group adds that the share subscription is expected to enable the group to &ldquo hold a long-term strategic investment in a reputable company&rdquo comprising renewable energy project opportunities in Australia and the US. 
 
The share subscription is not expected to have any material impact on the net tangible assets per share and earnings per share of the group for the financial year ending Dec 31. 
 
 
 
TraderBen
    09-Oct-2024 11:36  
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standard pump and dump

sengkang      ( Date: 08-Oct-2024 14:25) Posted:

Appears that retail buying and BBs selling.
Myanmar situation?

TraderBen      ( Date: 08-Oct-2024 14:07) Posted:

Up very slow. Down very fast.


 
 
sengkang
    08-Oct-2024 14:25  
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Appears that retail buying and BBs selling.
Myanmar situation?

TraderBen      ( Date: 08-Oct-2024 14:07) Posted:

Up very slow. Down very fast.

sengkang      ( Date: 04-Oct-2024 16:11) Posted:

Laggard oil counte


 
 
TraderBen
    08-Oct-2024 14:07  
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Up very slow. Down very fast.

sengkang      ( Date: 04-Oct-2024 16:11) Posted:

Laggard oil counter

tofudidi      ( Date: 03-Oct-2024 09:02) Posted:

the left over oil counter that havent run... bb should visit soon amid oil tensions... dyodd  yesangry


 

 
Tirordinary
    08-Oct-2024 13:10  
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45/46. Need to retest high soon to get out of wl.
 
 
sengkang
    04-Oct-2024 16:11  
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Laggard oil counter

tofudidi      ( Date: 03-Oct-2024 09:02) Posted:

the left over oil counter that havent run... bb should visit soon amid oil tensions... dyodd  yesangry

 
 
tofudidi
    03-Oct-2024 09:02  
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the left over oil counter that havent run... bb should visit soon amid oil tensions... dyodd  yesangry
 
 
Tirordinary
    23-Sep-2024 15:29  
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Any thoughts on the 1mil chunks at 40 that have been being block for the past 3 working days. Is this a case where they collecting bonus (via sharebuyback)? 
 
 
superstartup
    28-Aug-2024 14:00  
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Finally Bid at 410
One of the last laggards in SGX
Hopefully trading volume come in soon, after crawling up

superstartup      ( Date: 15-Aug-2024 13:09) Posted:

Released result
1H24 EPS USD 0.366c = SGD 0.483c
(this is stable earnings from Ops)

Annualised  EPS SGD 0.966c
Company resumed SBB. Before the result blackout period, company bought back shares as high as 0.042

Hopefully the road block at 41 can be taken out soon
Company need to reach around 60 to hit the SGD $40m market cap, required by SGX
Company has USD 18.7m cash on hand as at 30 June 24

Additional Information :
Compared to recent past 2H23, EPS is USD 0.299c = SGD 0.394c
(this is also stable earnings from Ops)

 

 
superstartup
    15-Aug-2024 15:02  
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Everyone waiting for 41 to be taken out then come in chase ?
 
 
superstartup
    15-Aug-2024 13:09  
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Released result
1H24 EPS USD 0.366c = SGD 0.483c
(this is stable earnings from Ops)

Annualised  EPS SGD 0.966c
Company resumed SBB. Before the result blackout period, company bought back shares as high as 0.042

Hopefully the road block at 41 can be taken out soon
Company need to reach around 60 to hit the SGD $40m market cap, required by SGX
Company has USD 18.7m cash on hand as at 30 June 24

Additional Information :
Compared to recent past 2H23, EPS is USD 0.299c = SGD 0.394c
(this is also stable earnings from Ops)
 
 
superstartup
    29-Jul-2024 13:32  
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Below post for recap

The hurdle now is one SSH selling at 45 range + / -
He is now left with 37m shares
Hopefully upcoming result is positive, and can help absorb this SSH selling, and the price can then break up, together with the share buyback support 

superstartup      ( Date: 19-Jun-2024 10:17) Posted:

Last year, SSH, Ng Soon Khai bought 124m shares from other shareholders at price 0.04
(He now holding 177m shares, 27%)
Then change of management, with Ng Soon Khai now appointed Executive Chairman
Few new business ventures followed

Last few days, company initiated shares buyback
I suppose there will be a push for the share price to hit and stay above 0.061 for a market cap of $40m to meet SGX requirement

Now waiting patiently, accumulate on the Low and wait for long time shareholders to clear out 1st
Please perform your own DD


tofudidi      ( Date: 13-Jun-2024 09:04) Posted:

recently got share bb.... next o& g play... cheap and good... break 50 first...  yes


 
 
superstartup
    29-Jul-2024 13:22  
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Share buyback suspended since 11 Jul (blackout period)
As announcing result
1H2023 negative profit due to one-time writeoff
Expecting positive profit announcement over the next few days
And resumption of share buy back

 
 
 
superstartup
    11-Jul-2024 10:01  
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Share Buyback now at 42
Raise higher to 43, 44 leh

superstartup      ( Date: 04-Jul-2024 14:04) Posted:

Recent share buybacks mainly at 41
With a bit at 42
Just buy back higher la
 

superstartup      ( Date: 04-Jul-2024 09:25) Posted:

No more sellers 42 ?


 
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