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KrisEnergy
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sheerluck
Supreme |
09-Apr-2018 23:42
Yells: "Work for your money first then let your money work for you" |
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So now we know who bought half of that 270mil but I dont know if this Ng has any positive impact on KRIS or not.  Perhaps the indirect positive impact is FR has nothing to sell to depress the price but till now still no announcement of FR sale.  Also no announcement yet on the other half. Looks like more to be revealed. |
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ehclim
Elite |
09-Apr-2018 23:10
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Don' t forget Kep Corp owns about 40% in Kris besides the warrants. They will own more than 70% if KC exercise the warrants. DYODD.
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huathuat88888
Elite |
09-Apr-2018 23:07
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Didnt you realize they appoint Kep Corp as the contractor ?
Contractor means what ? Means they gonna spend on capex. Wait for 2019. Now too early .
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TraderBen
Supreme |
09-Apr-2018 23:02
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Like that also can wave ah lol
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ehclim
Elite |
09-Apr-2018 22:47
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They had positive cashflow since last Q but because of huge impairment that resulted in the loss.
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huathuat88888
Elite |
09-Apr-2018 22:43
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Next Qtr Results very importsnt.
Big loss or small profit ? |
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ehclim
Elite |
09-Apr-2018 21:44
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Hopefully, the crude oil price remains stable at about USD 60 per barrel.
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ehclim
Elite |
09-Apr-2018 21:41
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We can eliminate FR if confirmed they sold all their remaining 285m shares (about 19%). Kris share price will move higher if their Q1 result is good and without further impairment losses.
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sbscap
Master |
09-Apr-2018 21:18
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From what I read about Mr Ng, I think he is unlikely to be someone who needs to sell Kris in a hurry after buying. He is a smart MIT engineering grad. We are still awaiting news of the rest of the buyers and First Reserve' s selling announcement. So my hypothesis that the buyers are not big or known strategic investors (like some O& G companies) and hence a muted share price appreciation so far turns out to be correct. The next time oil counters move up, there will be no more mad selling by FR. This is positive but not a huge positive. Good enough to see Kris going above 15c over time. We will have to wait for 1Q results for share price catalyst. As for Mr Ng, we can' t rule out that he will add to his position since his cost is about 8.2c.
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SgYuan
Supreme |
09-Apr-2018 20:52
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Strong EW w1 uptrend.
EW 81 w1 107 W1 26 W2 16 tgt 91 - hit 99, will it continue up fr here is subjective to strength. W3 42 tgt 133 When w3 come it will be very powerful. |
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ehclim
Elite |
09-Apr-2018 20:48
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Mr. Kay Yip Ng worked as a Research Officer with Bell Communications Research. Mr. Ng is the Co-Founder of JobStreet Company Limited and serves as its Non-Executive Director. Mr. Ng has been a First Director at J & S Overseas Holdings Ltd. since October 2007. Since 1990, he has been an Executive Director of the Maran group of companies, a family business that is involved in timber, property and construction. He graduated in 1988 with a Bachelor of Science in Electrical Engineering from the School of Engineering and Applied Science, University of Pennsylvania, USA and a Bachelor of Science in Economics from the Wharton School of Business, University of Pennsylvania, USA. In 1990, he obtained a Master of Science in Electrical Engineering from Massachusetts Institute of Technology.
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ehclim
Elite |
09-Apr-2018 20:45
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Yes.
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SgTrader17
Elite |
09-Apr-2018 20:42
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I Google and this guy pop up too. He just made paper profits of about 2.6M from last Friday till today. The rich got richer.
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sbscap
Master |
09-Apr-2018 20:01
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Is this ng kay yip the founder of jobstreet? Smart guy. | ||||
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NextEvolution
Elite |
09-Apr-2018 19:45
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Sorry my mistake again ... grrr
I mixed up this Kris report with Allied Tech report. Today too busy so viewed them in a flash .... grrr
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sbscap
Master |
09-Apr-2018 19:34
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So the new SSH are unknown or unfamiliar parties ? | ||||
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SgTrader17
Elite |
09-Apr-2018 19:29
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I tot he is new? From 0.4% holdings to currently 9.46%, the 136M gives him a 9% holdings. Waiting for more developments, if any. So far, things are on the positive side.
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NextEvolution
Elite |
09-Apr-2018 19:14
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Wrong, it's existing SSH, from 25.3% to whiskers away to 30% (29.88%) that will trigger takeover if crossed
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SgTrader17
Elite |
09-Apr-2018 19:13
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Who is Ng Kay Yup? New SSH? Didn't state whether married deal is from FR or ... Can't be from public float, it's 136M at one time. Still, there's another 134M sold to another person then. Total of 270M sold on 6th April. Maybe will announce soon, today or tomorrow. They bought before the announcement between Kris n KepCorp. Timing so zhun. .
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NextEvolution
Elite |
09-Apr-2018 18:49
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New SSH.... $11.288m buying 136m shares on 6 April
Mr Ng Kay Yip Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Notification of Changes in Interest in Shares - Substantial Shareholder |
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