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Go fr a momentum play counter....a gd fa boh pao can make $$....tis bugger gt no retailer/ bb interest....hv to hug hug.....
Dyna__ ( Date: 22-Oct-2015 23:23) Posted:
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Looks good with oil and dow rally. I am loaded with this. Ipo price last year was 1.20
a number of buy calls on this counter.
Oil rally. This stock is a laggard. Once it moves, it will cross 40 in one leap.
Buy this laggard as poxy to oil rally.
Oil rally
No one watching this stock?
Many deeply sold down oil and gas stocks are ripe for picking. Kris Energy volumne is still low. Once it picks up, it will move up fast.
Marching > 40cts soon....
Kris Energy. Bottoming. Oil and gas.
buy the oil laggards!
Kris Energy hasn' t move up too much yet!
Buy!
saddddddddddd 0.27
Means rights issues. But now they are doing voting for approval to proceed with the rights
they giving out CR what it mean ah?
KrisEnergy sees first oil at Nong Yao field in Gulf of Thailand: http://splash247.com/krisenergy-sees-first-oil-at-nong-yao-field-in-gulf-of-thailand/
This one the largest shareholder, First Reserve, is even willing to dilute their shareholdings. Sharks will surely smell blood.
And what is sub-underwriter? Merril Lynch has built in a clause that allows it to back out as an underwriter?
KAMAL0883 ( Date: 15-Jun-2015 17:09) Posted:
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every company also ask for money during bad time : (
Kris Energy [KRIS SP] UNDER REVIEW
Price/Tgt: S$0.440 / S$1.18 Mkt Cap: US$342.1m 52-wk avg daily
value: US$0.5m 1-Yr Hi/Lo: S$0.88/S$0.425
Proposes S$169.5m rights issue: S$0.385 on the basis of 42 rights : 100
existing shares
Analysts: Foo Zhiwei Tel: (65) 6590 6626
What&rsquo s New?
Kris Energy has announced a S$169.5m rights issue.
Rights Issue details: -
- Issue price of S$0.385. Ratio of 42 rights to 100 existing shares
- 13.5% discount from last closing (S$0.445) and 9.9% discount from
theoretical ex-rights price (S$0.427)
- Issuance of 440.1m (440,144,838) new shares
- Keppel (2nd largest shareholder) to fully subscribe to its entitlement
of 31.3%
- First Reserve (largest shareholder) to subscribe to 43.9% of its
entitlement of 19.8%
- Remainder (48.8%) to be underwritten by Merrill Lynch (Singapore), Lead
Manager and Underwriter
- Keppel to act as sub-underwriter will sub-underwrite up to 50.0%
- Indicative timeline not available to be provided in due course. Target
completion: mid-Aug 15
They have US$280mm of capex to be spent in 2015 (yes, i know not all are committed, some are discretionary). Where is the money coming from? Cash levels are not high, they cant draw down their mtn...farm outs?
Fantastic growth story with wonderful management but makes you wonder if they have the capital needed to fund theur growth
Fantastic growth story with wonderful management but makes you wonder if they have the capital needed to fund theur growth
Painted a beautiful picture by KRIS ENERGY at 2Q POEMS MARKET OUTLOOK
KrisEnergy sees initial success at Rossukon-2 in Gulf of Thailand: http://splash247.com/krisenergy-sees-initial-success-at-rossukon-2-in-gulf-of-thailand/
KrisEnergy kicks off Gulf of Thailand drilling: http://splash247.com/krisenergy-kicks-off-gulf-of-thailand-drilling/