KrisEnergy looks like may test 0.50 range soon sellers are very strong and keen to get out?
For investor who hope to earn good return in stock market, he must at least have a minimum level of foresight to see what the market cannot see current but will see in the future. To have this foresight, it's essential to know at least abit about every aspect of business- econ, politic, accounting, invest, commodty, forex etc. Obviously more knowledge in these area would be better, but given the limited amount of time it's hard to specialized in these area. One can only understand the basic in each area which enable him to do an independent assessment of specialists' opinions in these area.
For investor who can't see beyond what market can see, rather than wasting time forecasting and transacting fee from trading, it is always better for him to buy and hold a diversified portfolio of asset to earn market return.
Possible if another empty well found. 
lucky168 ( Date: 20-Jan-2014 21:22) Posted:
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crushed it down to 50c!
Yeah.  You are right.
Blanchard ( Date: 20-Jan-2014 19:27) Posted:
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Ref: Company website - The IPO price is 1.10.
| roostertan ( Date: 20-Jan-2014 19:07) Posted: |
The IPO is 1.20 and not 1.10.
| Blanchard ( Date: 20-Jan-2014 16:27) Posted: |
As i mentioned in my earlier post... serious dun kept... the next day just cut..
cuz it will fall fall fall... small rebound is fake...
then the stock will sleep for long time...
untill got good news ... up again.
haroujf ( Date: 20-Jan-2014 10:24) Posted:
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I have already see open in this counter and treat it as throw money down drain liao
Price has  fallen from 1.18 on 9 Jan 14 to today's low of 0.79..... a drop of ~33%..... IPO price is 1.10.
  MISCELLANEOUS :: AWARD OF EPCIC CONTRACT FOR NONG YAO OIL DEVELOPMENT
http://infopub.sgx.com/FileOpen/KrisEnergy_NongYao_EPCIC_award_14Jan2014.ashx?App=Announcement& FileID=270803
Haha chiu liao this counter. Award new contract also no use. Worst investment for 2014 for me currently
Awarded a EPCIC contract for production and processing facilities at the Nong Yao oil development in block G11/48 in the the Gulf of Thailand to Nippon Steel and Sumikin Engineering. The intial phase of the Nong Yao field will have a production capacity of up to 15,000 bpd with first oil expected in 1H15. The group holds a 25% working interest in G11/48, which covers 6,791 sq km over the southern end of the Pattani Basin and northwest margin of the Malay Basin.
anyone caught the 0.82 :/
bounce today or more down side ???
It is backed by cash rich corner investor. Good buy now. I hardly can think I will bankrupt in next 2-3 years. Its porfolio is the BEST among its SGX peer. 
Chill guys, mid 5 digit loss for this counter now. Anyway, they will be calling back their bonds soon, likely next Monday.
if got bad news like that... you should cut ... then next time back again.
haroujf ( Date: 10-Jan-2014 17:22) Posted:
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Probably eaten up by their exploration costs in new wells, looks like an extremely risky business to me.
Octavia ( Date: 10-Jan-2014 09:29) Posted:
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" Mr Choo Chiau Beng, CEO of Keppel Corporation said, " As an investor, we believe that KrisEnergy's portfolio has long-term growth potential and could offer sustainable returns over the long run."
quoted from keppel website, an wei myself =(