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danger Supreme	05-Mar-2018 16:33        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	anyone going for a dip in pool at 8.5 rock bottom
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Siwomp Supreme	05-Mar-2018 08:57        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just when i thought they are " out of the woods" ...... they throw another surprise.
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NextEvolution Elite	02-Mar-2018 12:40        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	But this counter good for trading, as to long term holding, not advisable till the coast is clearer
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NextEvolution Elite	02-Mar-2018 12:36        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, they have to sell their oil at a discount vs the major producers, likely US$10 lower. No bargaining power and desperately needed money for ops and expenses sheerluck      ( Date: 02-Mar-2018 12:24) Posted: 2018 will be another tough year for KRIS. Looking at the available info from mgmt, they are likely to be producing up to 16k bpd for oil and 34mmcfd for gas giving a revenue of US$215mil for FY18 on US$64 oil.  However, after deducting all osts and expenses, it is likely to be lossing another US$60mil excuding any impairments.  This will bring its equity down from US160mil to US$100mil.  NAV will then becomes US6.7cts or SGD9.0cts. Cashflow will be tight again.  They planned US$19mil for exploration and US$41mil for developing assets.  Since these two types doesnt generate revenue yet, US$60mil is pretty much a straight burnt and that' s pretty much what they are left with now. They planned US$55mil for producing asseet.  These will generate cashflow but unlikely to cover all that US$55mil.    It iss likely that KRIS will need to borrow another US$50-60mil for FY18. Quite frankly, there are nothimg much to look forward to for KRIS until Cambodia Block A is up and running since when it is mature, it is likely to double KRIS current output. From now till then, I think KRIS will have lots of opportunity to challenge new lows.
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sheerluck Supreme	02-Mar-2018 12:24        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	2018 will be another tough year for KRIS. Looking at the available info from mgmt, they are likely to be producing up to 16k bpd for oil and 34mmcfd for gas giving a revenue of US$215mil for FY18 on US$64 oil.  However, after deducting all osts and expenses, it is likely to be lossing another US$60mil excuding any impairments.  This will bring its equity down from US160mil to US$100mil.  NAV will then becomes US6.7cts or SGD9.0cts. Cashflow will be tight again.  They planned US$19mil for exploration and US$41mil for developing assets.  Since these two types doesnt generate revenue yet, US$60mil is pretty much a straight burnt and that' s pretty much what they are left with now. They planned US$55mil for producing asseet.  These will generate cashflow but unlikely to cover all that US$55mil.    It iss likely that KRIS will need to borrow another US$50-60mil for FY18. Quite frankly, there are nothimg much to look forward to for KRIS until Cambodia Block A is up and running since when it is mature, it is likely to double KRIS current output. From now till then, I think KRIS will have lots of opportunity to challenge new lows.
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sbscap Master	02-Mar-2018 12:00        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Kris is dead money. If oil price and earnings good, share price increase is capped by SSE selling. It will participate on the downside if things are bad. I' m also stuck but cut enough to participate in the mid-2019 rally, if any. As for the debt, Kris has quite a lot of fixed interest rate debt, so it should not be hurt too badly. The only upside is from M& A. But who would want to buy Kris other than Keppel?
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NextEvolution Elite	02-Mar-2018 11:37        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	14c? If I were u, I would hv cut loss at 13.5 SG pennies cannot hold if company struggling as u end up struggling to feed tbem (well oiled top management)... LOL TraderBen      ( Date: 02-Mar-2018 11:29) Posted: thanks.. fingers crossed.. i am vested 270 lots at 0.140 avg..
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TraderBen Supreme	02-Mar-2018 11:29        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks.. fingers crossed.. i am vested 270 lots at 0.140 avg..
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NextEvolution Elite	02-Mar-2018 10:37        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think for Kris, though it is making profit, the amount of debts just to service interests (and rising now) will be s drag on its performance. If debtfree, then it will be a darling but no no
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bllue911 Member	02-Mar-2018 10:29        bllue911 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	US$0.11  7. Net asset value (for the issuer and group) per ordinary share based on the total number of issued shares excluding treasury shares of the issuer at the end of the (a) current financial period reported on and (b) immediately preceding financial year The Group The Company As at 31 December As at 31 December 2017 2016 2017 2016 (Unaudited) (US$) Net asset value per ordinary share (1) 0.11 0.17 0.50 0.46 Net tangible asset per ordinary share (1) 0.10 0.17 0.50 0.46
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TraderBen Supreme	02-Mar-2018 10:02        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	guys, whats the NAV for kris now?
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SgTrader17 Elite	01-Mar-2018 21:02        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From what I see and think, company is trying to reduce expenses and in turn, reduce losses, and with more production from their lines, to bring in more cash. Probably it will only attempt to breakeven around 2019. Most of the loans or debts are due for payments in 2022/2023? That's a good 4 to 5 years, at least. They didn't put it due in 2019/2020 which is pretty obvious that they may face big problems if they plan it that way. It just makes investment in this counter to be on a mid term of at least 3 to 5 years, to see our returns and still subject to oil prices and performance of the company in its executions of the operations. I had sold some portion at breakeven/slight profits, left with a reasonable sum at 12cts breakeven. Don't think will be possible to see that price anytime soon. Luckily KC is in this company, or else, i think it may long be gone by now. Vested, hope for more better days for Kris energy performance.
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sbscap Master	01-Mar-2018 20:27        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	The operating expenses are all lump into operating figures, i.e. I look at the net cash generated from operating activities (all plus and minus items) to get the assumed $10m to $20m. I think the company generated positive cashflow from operating activities in 2017 and 2018 should be better due to higher oil prices. Capex comes under investing activities. huathuat88888      ( Date: 01-Mar-2018 20:05) Posted: What ? You mean you only focus on capex expense ? How about other operating expense ? Staff expense, Finance expense, distribution expense....you have to allocate cash and budget for these. sbscap      ( Date: 01-Mar-2018 16:09) Posted: From the presentation slides, cash USD74m 31 Dec 2017, capex for 2018 $114m, shortfall USD40m before cashflow from operations in 2018. If cash from operation $10m to $20m (wild guesses), then shortfall is $20m to $30m. Rights issue? Can' t rule out but may not be a most likely scenario. Why? Can borrow from bank, delay spending or like the Aceh field, abandon some capex.
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huathuat88888 Elite	01-Mar-2018 20:05        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What ? You mean you only focus on capex expense ? How about other operating expense ? Staff expense, Finance expense, distribution expense....you have to allocate cash and budget for these. sbscap      ( Date: 01-Mar-2018 16:09) Posted: From the presentation slides, cash USD74m 31 Dec 2017, capex for 2018 $114m, shortfall USD40m before cashflow from operations in 2018. If cash from operation $10m to $20m (wild guesses), then shortfall is $20m to $30m. Rights issue? Can' t rule out but may not be a most likely scenario. Why? Can borrow from bank, delay spending or like the Aceh field, abandon some capex.
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sheerluck Supreme	01-Mar-2018 19:02        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	MInd sharing what questions you have asked of mgmt and what are their replies? lennon1986      ( Date: 01-Mar-2018 17:28) Posted: You are right 7kb/d but will reflect significatly in 2Q cause the process has just finish in 1Q which the other investor KPKB at the forum saying that profit will come in later...., they thought they using plastic straw to suck oil from the ground really naive. For me all Oil & Gas are going through shitty period, for Kris concentrate on production is definitely correct move and conserve more cash and divest non-critical is key.Oil drought has passed since 2014 till 2018 which is 4yrs of almost no exploration. It will come whereby a hard landing is coming soon, hopefully Kris is ready for the tide!     alexmay34      ( Date: 01-Mar-2018 17:16) Posted: Going forward,   like they have said, they do not foresee any another Aceh type write off, which they do not have control of things.   With more infills, I think they said about 6, they can ramp up their production to 7000 bpd in the coming qtr. correct me if I am wrong, dont usually attend such foru
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lennon1986 Member	01-Mar-2018 17:28        lennon1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are right 7kb/d but will reflect significatly in 2Q cause the process has just finish in 1Q which the other investor KPKB at the forum saying that profit will come in later...., they thought they using plastic straw to suck oil from the ground really naive. For me all Oil & Gas are going through shitty period, for Kris concentrate on production is definitely correct move and conserve more cash and divest non-critical is key.Oil drought has passed since 2014 till 2018 which is 4yrs of almost no exploration. It will come whereby a hard landing is coming soon, hopefully Kris is ready for the tide!     alexmay34      ( Date: 01-Mar-2018 17:16) Posted: Going forward,   like they have said, they do not foresee any another Aceh type write off, which they do not have control of things.   With more infills, I think they said about 6, they can ramp up their production to 7000 bpd in the coming qtr. correct me if I am wrong, dont usually attend such forum lennon1986      ( Date: 01-Mar-2018 16:52) Posted: I was there too, but too many of the people doesn' t understand the business and kept asking rubbish question on profitability, notes payout. The main concern here is not to burnt additional money which the management are heading in the right direction, and how are they going to sell non-important fields to clear some of the debt which they didnt address, rather than holding them all in hand and still paying for the lease. The CFO also did mentioned not to add debts but equity raising is questionable. Cash flow neutrality is important and current thailand fields are the cash cow for the company, hopefully wassana can generate more and don' t kaput halfway...
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alexmay34 Veteran	01-Mar-2018 17:16        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Going forward,   like they have said, they do not foresee any another Aceh type write off, which they do not have control of things.   With more infills, I think they said about 6, they can ramp up their production to 7000 bpd in the coming qtr. correct me if I am wrong, dont usually attend such forum lennon1986      ( Date: 01-Mar-2018 16:52) Posted: I was there too, but too many of the people doesn' t understand the business and kept asking rubbish question on profitability, notes payout. The main concern here is not to burnt additional money which the management are heading in the right direction, and how are they going to sell non-important fields to clear some of the debt which they didnt address, rather than holding them all in hand and still paying for the lease. The CFO also did mentioned not to add debts but equity raising is questionable. Cash flow neutrality is important and current thailand fields are the cash cow for the company, hopefully wassana can generate more and don' t kaput halfway...  alexmay34      ( Date: 01-Mar-2018 16:10) Posted: I was at the forum, the only guy wearing shorts
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lennon1986 Member	01-Mar-2018 16:52        lennon1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was there too, but too many of the people doesn' t understand the business and kept asking rubbish question on profitability, notes payout. The main concern here is not to burnt additional money which the management are heading in the right direction, and how are they going to sell non-important fields to clear some of the debt which they didnt address, rather than holding them all in hand and still paying for the lease. The CFO also did mentioned not to add debts but equity raising is questionable. Cash flow neutrality is important and current thailand fields are the cash cow for the company, hopefully wassana can generate more and don' t kaput halfway...  alexmay34      ( Date: 01-Mar-2018 16:10) Posted: I was at the forum, the only guy wearing shorts
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sbscap Master	01-Mar-2018 16:38        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	The coolest investor. alexmay34      ( Date: 01-Mar-2018 16:10) Posted: I was at the forum, the only guy wearing shorts
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alexmay34 Veteran	01-Mar-2018 16:10        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was at the forum, the only guy wearing shorts
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