Falcon Energy   

Falcon Energy

Seems like the falcon has awaken today after the new Trump order to  lift restrictions on American energy segment.

 

10% down...is it time to enter ?

 

Plunged today. What may be the underlying factor? CFO resigned cos book got problem?

 

Falcon just announced that they replaced their CFO on 28th Feb.

I think the chairman finally got it right by removing him. If he had done so earlier, I think the company financials would have been much stronger.

Anyway what is done is done. I see this as a positive corporate move by the group.

pool100      ( Date: 14-Sep-2016 19:13) Posted: Not sure about his rep but one thing for sure - Falcon has a really jialat CFO. Anyone with some sense of financial knowledge will know that the numbers don' t make sense at all. The chairman can make a call but it' s the CFO that gives the advice on whether it' s a feasible deal in the first place. And everyone in the market knows that it' s a poor deal financially. For the chairman to bring the company up, he needs to have an able management team. From a financial perspective, the CFO of the company has done a terrible job. rayoflight      ( Date: 13-Nov-2015 14:34) Posted: His rep so jialat ah? Can share some stories?

 

Any updates on this stock please. ? :)

 

still no movement :)

 

Price looks stable these past few weeks, someone accumulating? 

AndyLoss      ( Date: 12-Dec-2016 20:12) Posted: any reason why this Energy stock is not rising ?

 

any reason why this Energy stock is not rising ? 

 

Not sure about his rep but one thing for sure - Falcon has a really jialat CFO. Anyone with some sense of financial knowledge will know that the numbers don' t make sense at all. The chairman can make a call but it' s the CFO that gives the advice on whether it' s a feasible deal in the first place. And everyone in the market knows that it' s a poor deal financially.

For the chairman to bring the company up, he needs to have an able management team. From a financial perspective, the CFO of the company has done a terrible job.

rayoflight      ( Date: 13-Nov-2015 14:34) Posted: His rep so jialat ah? Can share some stories? pnuklis      ( Date: 13-Nov-2015 13:34) Posted: Now that they are trying to merge CHO & FEG just to lay hand on the rich cash position of CHO. Eventually from the reputation of PT we know where he is deaded.

 

falcon energy market cap now 137m owning 86% stake of ch offshore .. ch offshore market cap now 278m ..

So falcon which have a market cap 137m own a stake worth 240m of ch offshore in current market .. ? Am i right to say that ?

 

His rep so jialat ah?

Can share some stories?

pnuklis      ( Date: 13-Nov-2015 13:34) Posted: Now that they are trying to merge CHO & FEG just to lay hand on the rich cash position of CHO. Eventually from the reputation of PT we know where he is deaded.

 

Now that they are trying to merge CHO & FEG just to lay hand on the rich cash position of CHO. Eventually from the reputation of PT we know where he is deaded.

 

Interim Div of $0.005 for this 6m2016 results.

 

What do u guys think? Now Oil prices are really cui until jialat...

I think management is on course to par down debt and also try to maximize gross profit margin.

NAV now US$0.38 ~ SGD$0.53

Oil prices will head down again if USD keep going up unless oil supplies go down and economy improves.

 

Euro QE will only see effect 1-2years later (like how US did QE3 for a few years before only seeing effects in 2015).

China stimulus will also be the same.

 

Falcon Profit grows 113%...

http://infopub.sgx.com/FileOpen/FEG_Q22016.ashx?App=Announcement& FileID=377813

 

any reason why you say so? thanku

appleronaldo      ( Date: 15-Oct-2015 09:50) Posted: FALCON may go private!! appleronaldo      ( Date: 15-Oct-2015 09:35) Posted: see can run today not

 

Looks like a good closing! 245

Hope it can head back up to 28c

 

Got energy jus hold it will surprise you

 

Sold SHS and SHS W and Bought @ 235 and 240

Time to rise!

 

qiong ah!!! DH 265

Closed 260

 

More upside ahead!

Too undervalued liao