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KrisEnergy
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peterz
Senior |
26-Feb-2017 11:09
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Usually Group. Correction. KrisEnergy Group NAV: USD 0.17 Comapny NAV: USD 0.46
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Lucky03
Elite |
26-Feb-2017 02:05
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Anyone can advise which NTA should we be looking at - company or group ? What's the difference ?
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peterz
Senior |
25-Feb-2017 23:11
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I bought 0.21
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TechnicalTrader
Master |
25-Feb-2017 22:06
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Friday was a bad day for many counters. My recent buys on Kris were 22, 20.5 and 20cts Stopped buying now because price has dropped through some support levels. If monday closed below 19.6, be prepared that it may drop to 18.2 level. Just my view for reference
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Jeromelow
Senior |
25-Feb-2017 21:34
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i brought 205 ... |
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Catherine28fsg
Member |
25-Feb-2017 21:23
Yells: "beginner" |
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Bought some KrisEnergy @ 0.200 last week ... |
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BBbull
Senior |
25-Feb-2017 20:32
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The thing is, kris energy still has a lot of debt. Similar to vard. Revenue up but debt is still a burden. Keppel however, seems to be fully behind Kris so i don't worry about kris at all. | ||||
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Lucky03
Elite |
25-Feb-2017 18:16
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One thing that I'm not sure is how to derive the NTA of a company share ? Based on the company column or group column. For KrisEnergy, its NTA is US$0.017 at Group level and US$0.46 at Company level. | ||||
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Lucky03
Elite |
25-Feb-2017 16:36
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Keppel has been announcing daily shares buy back recently from 20-24 Feb and its share price has risen from $6.20 to $6.95 this month.
If KrisEnergy is indeed very strategic to Keppel and they can identify the distinct synergy, will they be offering Keppel shares to take KrisEnergy private ?
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HB8289
Master |
25-Feb-2017 15:16
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Well if Keppel hold 40% share in Krisenergy I sure it will go up sooner or later just matters of time |
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Lucky03
Elite |
25-Feb-2017 13:57
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Below extracted from Nov 3 2016 Credit Assessment by OCBC
Keppel Corp Ltd. (?Keppel?), KrisEnergy Ltd, 40% owned by Keppel: Keppel has announced a non-renounceable and non-underwritten preferential offering of up to SGD140mn senior unsecured zero coupon bonds due 2024 that come with free detachable warrants. Through wholly owned indirect subsidiaries, Keppel will subscribe for its full entitlement of the notes and warrants as well as those not subscribed for which could potentially raise Keppel?s stake in KrisEnergy to as much as 67% according to The Business Times. We previously flagged in our Asian Credit Daily on 30 September 2016 of Keppel?s intention to explore opportunities to link its diverse units up including Keppel O&M providing solutions for KrisEnergy Ltd?s offshore gas fields. We think this co-operation amongst subsidiaries and Keppel?s support for the preferential offering could indicate that Keppel?s investment in KrisEnergy is now viewed internally as more strategic. The preferential offering is subject to waivers, consents and approvals being obtained from the Securities Industry Council of Singapore, SGX and shareholders of KrisEnergy as well as KrisEnergy?s noteholders approving the restructure of its SGD330mn in bonds due over 2017 and 2018 into new notes that mature in 2022 and 2023 respectively (earlier than the proposed senior unsecured zero coupon bonds) with lower coupons (some cash and some deferred) and incurrence covenants in place of financial covenants. We do not currently cover KrisEnergy Ltd.. (Business Times, Straits Times, OCBC) |
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Lucky03
Elite |
25-Feb-2017 13:45
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Depends on the valuation of the stake. If they sell significantly higher than the valuation, then not only it relieves debt burden and improve cash flow, it can also help to book in profit. On the other hand, if he sell lower, it can be seen as fire sales and while it still serves to lower debt heating and improved cash flow, it may further aggravate impairment charges. Hope that KrisEnergy has taken care of the potential impairment charges with the significant writeoff as reported in the year's financial result.
Crude price holding US52-$54 will be helpful.
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Jeromelow
Senior |
25-Feb-2017 13:05
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selling stakes to ease burden consider good or bad news? |
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Lucky03
Elite |
25-Feb-2017 13:00
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I thought the article quoted by zeusleo is signficant if KrisEnegry starts the ball rolling.
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Jeromelow
Senior |
25-Feb-2017 12:47
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strange that the price didnt drop much with the results? |
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Lucky03
Elite |
04-Jun-2026 16:42
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No news of any analyst report.
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Jeromelow
Senior |
25-Feb-2017 12:17
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likely to hit 20 cent again monday or tuesday |
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johnncheng81
Veteran |
24-Feb-2017 21:51
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Bro u are like 1 day late...results already priced in...
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HB8289
Master |
24-Feb-2017 21:39
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Result is miserable https://www.krisenergy.com/ https://www.krisenergy.com/default/assets/File/KrisEnergy%20Ltd%20FY2016%20Press%20Release_vF.pdf https://www.krisenergy.com/default/assets/File/KrisEnergy%20Ltd_FY2016%20Results%20Announcement_vF.pdf https://www.krisenergy.com/default/assets/File/KrisEnergy%20Ltd%20FY2016%20Press%20Release_vF.pdf |
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peterz
Senior |
24-Feb-2017 19:54
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Compared to Noble, BBs held the price quite well today, but I did not know when BBs would pump up the share price. In a week or a month?
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