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KrisEnergy
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SgTrader17
Elite |
10-Apr-2018 21:34
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You are contracting yourself but doesn't want to admit. FR has 31bil and what is 25m? Then why they care about holding something that doesn't provide them good returns so far? Might as well switched and sell to other parties to clear it. If it doubles in future to 50m, they have 31bil, what is 50m? Lol. Got what I said? You are negative on Kris energy, just put it straight. why beat about the bush and pull FR to quote an example? Why two new SSHs want to put money in then? And KepCorp wants to have an cooperation with Kris energy? Means they are willing to invest into Kris energy unlike FR's stance. A student who failed all his past 9 exams will continue to fail his 10th exam? FR is the teacher that refuse to believe the student can pass. And KC and the new SSHs are the teachers that are willing to guide the student to a new future. For you, your stance is pretty obvious. I don't need to say. That's all. Hope you sell it out tomorrow and don't buy into Kris energy again. Sounds weird when you buy in at 9.8cts and worried so much and want to dump it immediately at 10.5cts.
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ehclim
Elite |
10-Apr-2018 21:33
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Yes, Francis Yeoh and Sock Siong are brothers. Their late father was Yeoh Tiong Lay. I met Francis Yeoh in the last Starhill Global REIT AGM. Francis Yeoh is the Chairman of Starhill Global. http://www.asiaone.com/malaysia/6-facts-about-malaysian-billionaire-yeoh-tiong-lay-you-should-know  
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Observers
Elite |
10-Apr-2018 21:26
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Pretty sure he is still alive.
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huathuat88888
Elite |
10-Apr-2018 21:21
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Fixed tenure ? I dont think so. They have abt $31 bil in portfolio . What is $25 mil ?
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ehclim
Elite |
10-Apr-2018 21:20
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FR is a private equity funds typically have an investment philosophy that it sticks to throughout its term, which tends to be anywhere between 10 and 13 years. I think it is 8 to 10 years tenure for FR. DYODD.
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huathuat88888
Elite |
10-Apr-2018 21:15
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Noted.
But point is why they sell if Kris is good ? They should hold instead of unloading them all, right ? I serioisly dont understand. So question now is : is Kris good or bad ?
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ehclim
Elite |
10-Apr-2018 20:58
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FR know very well that they cannot continue to sell down their holdings (285m shares or 19%) at the open market till end of the year. It will further depress the share price in the volatile market now. Indeed it is a best option for them to find suitors to buy over their stake and without affecting the Kris share price.
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sbscap
Master |
10-Apr-2018 20:49
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Whatever you do with the shares, just keep some to sell at 20c. We can have a small celebration. I' m sure it will be before Christmas.
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ehclim
Elite |
10-Apr-2018 20:47
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Private equity funds typically have an investment philosophy that it sticks to throughout its term, which tends to be anywhere between 10 and 13 years. After this time period elapses, the private equity fund is closed by having all funds distributed back to the limited partners.
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ehclim
Elite |
10-Apr-2018 20:38
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Do you know that FR is PE fund with fixed tenure which is expiring in end 2018? DYODD.
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Starwar88
Supreme |
10-Apr-2018 20:38
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With KC not the other buyer, short term upside will be limited as it has already shot up more than 20%. Now the only mystery left is who is the seller. If FR, no effect but if KC, hmm.. . Unlikely but nothing is 100%. Looking at today?s volume and buying. Looks supported at 9.8/9.9 cents but with No BB to push up the price. Next week T+5 coming, if price cannot move up, contra player will drive the price down. Might feel the GAP at 9.3 to 9.8 cents. | ||||
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ehclim
Elite |
10-Apr-2018 20:32
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The crude oil price will shoot up if US attacks Syria. Don' t forget Syria is one of the major oil exporter. Kris will benefit from escalating oil price.
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huathuat88888
Elite |
10-Apr-2018 20:29
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I think on both sides of the coin.
I am checking out on FR portfolio now. They are PE Fund focus O & G. Q : what makes them so eager to dump Kris shares ? Even at lelong price at 8.3 cts ? BUT WHY ? And making things more complicated, BlackRock acquired the FR EI Funds. So why the desperation and eagerness to offload the shares at such cheap price ? Is there something they know that we dont know ? Small profit and kopi $ i feel contented already. Dont like the feeling of losing $. Especially when winning money become losing. Profit on contra become actual loss is most sian feeling.
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ehclim
Elite |
10-Apr-2018 20:27
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Exactly, FR couldn' t bother about SGX disclosure compliance.
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sbscap
Master |
10-Apr-2018 20:18
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I' m quite sure you can try 10.5c again tomorrow or next week. I' m sure this coy can easily move to 11c ... after this round of contra players are out.
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huathuat88888
Elite |
10-Apr-2018 20:12
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Didnt profit out today at 10.5 cts.
I enter too rush. Didnt realize more than 270 mil shares acquired at 8.3 cts . If 10 cts, means these BBS easily can unload some 30 to 50 mil shares at 9.8 cts to 10.5 cts they still make 20% profit in just 2 days ! Think tomorrow will just queue at 10.3 cts to sell for a lesser contra profit. Kopi $ enough for a Bali vacation should bemore than satisfied already. : ) |
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sbscap
Master |
10-Apr-2018 20:07
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This FR is really " bo-chap" , took its own sweet time to report. The time limit has exceeded. I wonder why FR is not punished by SGX. Pity their investors. | ||||
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ehclim
Elite |
10-Apr-2018 19:58
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GLC KC will disclose to SGX by now if they sell. DYODD.
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pasttime
Supreme |
10-Apr-2018 19:54
Yells: "gold silver are real money. not others iou." |
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looks like the power producer wants to hedge their raw material cost. | ||||
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guards80
Supreme |
10-Apr-2018 19:39
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Oil is flying up huat ah | ||||
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