Falcon Energy   

FALCON ENERGY - UNDERVALUED WINNER TOP STOCK PICK

SHUCKS ! The worst is nothing is happening . Falcon went back to sleep !???

 

What happened to thic counter?

 

BRENT CRUDE $56.05 NOW

danger      ( Date: 11-Apr-2017 06:47) Posted: BRENT CRUDE AT $56 ALREADY ON TUESDAY TRADING

 

NYMEX CRUDE OIL FROM YESTERDAY BEFORE MARKET CLOSED WAS ABOUT $52.35 .. MASSIVE SPIKE TO $53.17 NOW !

danger      ( Date: 11-Apr-2017 06:45) Posted: MASSIVE SPIKE IN CRUDE OIL OVERNIGHT   Oil rose toward $56 a barrel on Monday, supported by another shutdown at Libya' s largest oilfield over the weekend and geopolitical tensions following last week' s U.S. missile strike on Syria. Libya' s Sharara oilfield was shut on Sunday after a group blocked a pipeline linking it to an oil terminal, a Libyan oil source said. The field had only just returned to production, after a week-long stoppage ending in early April.

 

BRENT CRUDE AT $56 ALREADY ON TUESDAY TRADING

 

MASSIVE SPIKE IN CRUDE OIL OVERNIGHT

 

Oil rose toward $56 a barrel on Monday, supported by another shutdown at Libya' s largest oilfield over the weekend and geopolitical tensions following last week' s U.S. missile strike on Syria.

Libya' s Sharara oilfield was shut on Sunday after a group blocked a pipeline linking it to an oil terminal, a Libyan oil source said. The field had only just returned to production, after a week-long stoppage ending in early April.

 

Im guessing. Banks like to use current market valuation. We like to use nav. CH grade c share, valuation at 70%, $1 value = 0.7% When u got private pty, banks give u 80% loan. When u have investment commercial pty, banks give u 70% loan. When u have investment industrial pty, some banks now dont even want to give u a loan. For shares, the loan to value ratio is probably 50% - 60%. When i run the numbers, its about 0.1 cents. Just my 2 cents!

 

How much did u short? Lol

 

Can worked out from FEG announcement that for that total CIMB loan of $56mil, FEG pledged about 560mil CHO shares.   So that is about 10cts per shares.   CHO is worth about 33cts but CIMB took such a big fat margin from FEG.   Is FEG really so desparate for cash?

MarcPh      ( Date: 10-Apr-2017 10:48) Posted: Falcon scored an own-goal because of CH Offshore sale. They got $20mio for selling 21.8% stake. If Falcon continues to hold 65%, it is only worth $59mio (recognized value). The secondary market bond due is already $50mio, what do they have left for the CIMB loan that surfaced last weekend and the jack-up rig delivery in second quarter of 2017 (now)? The gem is CH Offshore. To be fair, why don' t they sell CH Offshore to existing Falcon investors at 13 cents. Norwegians Oilfield services operators based in Singapore will also be keen buy CH Offshore at > 13 cents. Who is the buyer Zhang Haibo? Why was he given such a sweet deal? danger      ( Date: 10-Apr-2017 10:33) Posted: Nontheless , FALCON STILL HOLDS AROUND 65% IN CH OFFSHORE

 

CRUDE OIL SURGING UP TO $52.80 Now

kangaroo11      ( Date: 10-Apr-2017 19:29) Posted: volume picking up, lots of buying today!

 

volume picking up, lots of buying today!

 

LOAD !

danger      ( Date: 10-Apr-2017 16:04) Posted: THE BUSINESS TIMES DESCRIBE THIS MOVE BY FALCON AS A STRATEGIC MOVE   .... TO REPAY THE TERM LOAN AND THE REMAINDER OF $4.32 MILLION FOR WORKING CAPITAL APPROX 65% OF CH OFFSHORE STILL OWN BY FALCON

 

Ofc panic lah.   Later he collateral value of those CHO shares   pledged to CIMB falls below the loan value kanna even more force to sell cheap cheap to them to redeem more loan will be worse.   Better shore up the price a bit........

danger      ( Date: 10-Apr-2017 16:12) Posted: PANIC BUYING 11.9 !!!!

 

CRUDE OIL $52.54 !!!

 

PANIC BUYING 11.9 !!!!

 

FALCON MIGHT CLOSE FLAT ? 11.8 ALREADY !!!   KNEEJERK REACTION !!!

 

If towards $60 or up 10%, then use the word CHARGE or surge leh.

Little bit little bit use the 'Charge' word, no meaning liao.

danger      ( Date: 10-Apr-2017 13:32) Posted: CRUDE OIL CHARGING FAST AND FURIOUS TO $52.40 danger      ( Date: 10-Apr-2017 12:42) Posted: CRUDE OIL SURGING TO $52.40

 

THE BUSINESS TIMES DESCRIBE THIS MOVE BY FALCON AS A STRATEGIC MOVE   .... TO REPAY THE TERM LOAN AND THE REMAINDER OF $4.32 MILLION FOR WORKING CAPITAL

APPROX 65% OF CH OFFSHORE STILL OWN BY FALCON

 

CRUDE OIL $52.52

 

CRUDE OIL CHARGING FAST AND FURIOUS TO $52.40

danger      ( Date: 10-Apr-2017 12:42) Posted: CRUDE OIL SURGING TO $52.40