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Lucky03 Elite	14-Jan-2017 09:39        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	OPEC will meet Jan 22 to check on compliance. The market is still skeptical of their commitment and the tendencies of members to cheat. If the complaine is proven high, oil can surge above US$55 and going for US$60. Will be a big blessing to energy companies such as KrisEnergy.
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Lucky03 Elite	14-Jan-2017 09:19        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Keppel being their major investor since pre-IPO days will continue to support them strongly. Lucky03      ( Date: 14-Jan-2017 08:35) Posted: The technical chart of KrisEnergy looks very positively on up trend. Guess The notes exercises is expected to close successfully on Monday and with crude prices stabilizing, the fundamental will strengthen as well.
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Lucky03 Elite	14-Jan-2017 08:35        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The technical chart of KrisEnergy looks very positively on up trend. Guess The notes exercises is expected to close successfully on Monday and with crude prices stabilizing, the fundamental will strengthen as well.
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AndyLoss Master	11-Jan-2017 00:14        AndyLoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks  limahping    that was very nice of you to explain. I have taken the warrants and have also opted for excess rights - tottal worth 4000   - let' s see after 7 yrs :) Thank you. limahping      ( Date: 10-Jan-2017 10:29) Posted: Hi Yes, has to fork out cash to get the notes and the free warrant.  Dead line is 16 Jan (Mon). There is no option to sell the rights since it is non renouceable.  You can sell the Kris Energy share and still entitled to subscribing the notes and warrant, but timing wise, the money cannot come in on time for 16 Jan already.   rogeryap      ( Date: 10-Jan-2017 10:26) Posted: So he has to fork out extra $3720 to get the notes and warrants? When is this payment to be made?if I dun have the extra cash to pay how? Better sell now? Once the notes start trading I suppose Mother share price will go down
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limahping Senior	10-Jan-2017 10:29        limahping About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Yes, has to fork out cash to get the notes and the free warrant.  Dead line is 16 Jan (Mon). There is no option to sell the rights since it is non renouceable.  You can sell the Kris Energy share and still entitled to subscribing the notes and warrant, but timing wise, the money cannot come in on time for 16 Jan already.   rogeryap      ( Date: 10-Jan-2017 10:26) Posted: So he has to fork out extra $3720 to get the notes and warrants? When is this payment to be made?if I dun have the extra cash to pay how? Better sell now? Once the notes start trading I suppose Mother share price will go down? limahping      ( Date: 10-Jan-2017 09:35) Posted: Hi, Allow me to share how I do the calculation.  Using your cost as an example. a) You have 40 lots bought at 0.22 Cum Offer b) With this, you have the rights to buy 40 X 93 notes (ie 3720 notes) and get 33480 free warrant c) So your total cost to get the following is $ 12520 (8800 + 3720 = 12520$) :           * 40,000 share of kris energy         * 3720 unit of notes         * 33,480 warrant d) Some assumptions are needed for the notes and warrant :           * Note is worth $ 0.59 (ie. total worth of $  2194 => about 9% interest pa  for the seven years)         * Assume Warrant is wroth $ 0.12 then it will be worth $ 4017 e) So your cost for the 40,000 share of kris energy becomes (12520-4017-2194 = $ 6309) f) Per share = $ 6309/40000 = 0.157 So you are effectively making money since Kris is trading now at 0.20 - 0.21.
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rogeryap Member	10-Jan-2017 10:26        rogeryap About Contact  Quote this Post!
x 0   x 0  Alert Admin	So he has to fork out extra $3720 to get the notes and warrants? When is this payment to be made?if I dun have the extra cash to pay how? Better sell now? Once the notes start trading I suppose Mother share price will go down? limahping      ( Date: 10-Jan-2017 09:35) Posted: Hi, Allow me to share how I do the calculation.  Using your cost as an example. a) You have 40 lots bought at 0.22 Cum Offer b) With this, you have the rights to buy 40 X 93 notes (ie 3720 notes) and get 33480 free warrant c) So your total cost to get the following is $ 12520 (8800 + 3720 = 12520$) :           * 40,000 share of kris energy         * 3720 unit of notes         * 33,480 warrant d) Some assumptions are needed for the notes and warrant :           * Note is worth $ 0.59 (ie. total worth of $  2194 => about 9% interest pa  for the seven years)         * Assume Warrant is wroth $ 0.12 then it will be worth $ 4017 e) So your cost for the 40,000 share of kris energy becomes (12520-4017-2194 = $ 6309) f) Per share = $ 6309/40000 = 0.157 So you are effectively making money since Kris is trading now at 0.20 - 0.21. rogeryap      ( Date: 10-Jan-2017 00:15) Posted: Actually this is very confusing, is there a number we can call to ask?
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sheerluck Supreme	10-Jan-2017 10:24        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	But the warrant price will react to the ordinary share price as well.  Theoretical warrant price should be = ordinary share price - exercise price + (premium/discount). So say share price trades at 18cts, warrant should trade at 7cts asssuming no premium or discount. limahping      ( Date: 10-Jan-2017 09:35) Posted: Hi, Allow me to share how I do the calculation.  Using your cost as an example. a) You have 40 lots bought at 0.22 Cum Offer b) With this, you have the rights to buy 40 X 93 notes (ie 3720 notes) and get 33480 free warrant c) So your total cost to get the following is $ 12520 (8800 + 3720 = 12520$) :           * 40,000 share of kris energy         * 3720 unit of notes         * 33,480 warrant d) Some assumptions are needed for the notes and warrant :           * Note is worth $ 0.59 (ie. total worth of $  2194 => about 9% interest pa  for the seven years)         * Assume Warrant is wroth $ 0.12 then it will be worth $ 4017 e) So your cost for the 40,000 share of kris energy becomes (12520-4017-2194 = $ 6309) f) Per share = $ 6309/40000 = 0.157 So you are effectively making money since Kris is trading now at 0.20 - 0.21. rogeryap      ( Date: 10-Jan-2017 00:15) Posted: Actually this is very confusing, is there a number we can call to ask?
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limahping Senior	10-Jan-2017 09:35        limahping About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, Allow me to share how I do the calculation.  Using your cost as an example. a) You have 40 lots bought at 0.22 Cum Offer b) With this, you have the rights to buy 40 X 93 notes (ie 3720 notes) and get 33480 free warrant c) So your total cost to get the following is $ 12520 (8800 + 3720 = 12520$) :           * 40,000 share of kris energy         * 3720 unit of notes         * 33,480 warrant d) Some assumptions are needed for the notes and warrant :           * Note is worth $ 0.59 (ie. total worth of $  2194 => about 9% interest pa  for the seven years)         * Assume Warrant is wroth $ 0.12 then it will be worth $ 4017 e) So your cost for the 40,000 share of kris energy becomes (12520-4017-2194 = $ 6309) f) Per share = $ 6309/40000 = 0.157 So you are effectively making money since Kris is trading now at 0.20 - 0.21. rogeryap      ( Date: 10-Jan-2017 00:15) Posted: Actually this is very confusing, is there a number we can call to ask?? AndyLoss      ( Date: 09-Jan-2017 23:57) Posted: Sorry about this, I really cannot understand anything. I have 40 Lots at 0.22 - so if I take   warrants and notes - what will be my average price ?   what is the formul to calculate   :)  Do I need to take these in multiple of 100s, as sometimes we cannot sell the units in 10s ?
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daffodilistic Member	10-Jan-2017 07:34        daffodilistic About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://forums.hardwarezone.com.sg/stocks-shares-indices-92/kris-energy-%2Aofficial%2A-sgx-sk3-4295556-12.html Some guy highlighted the important points of the warrants and notes offering
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rogeryap Member	10-Jan-2017 00:15        rogeryap About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually this is very confusing, is there a number we can call to ask?? AndyLoss      ( Date: 09-Jan-2017 23:57) Posted: Sorry about this, I really cannot understand anything. I have 40 Lots at 0.22 - so if I take   warrants and notes - what will be my average price ?   what is the formul to calculate   :)  Do I need to take these in multiple of 100s, as sometimes we cannot sell the units in 10s ?
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AndyLoss Master	09-Jan-2017 23:57        AndyLoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry about this, I really cannot understand anything. I have 40 Lots at 0.22 - so if I take   warrants and notes - what will be my average price ?   what is the formul to calculate   :)  Do I need to take these in multiple of 100s, as sometimes we cannot sell the units in 10s ?
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AndyLoss Master	09-Jan-2017 21:03        AndyLoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Can someone please help me, how do I subscribe to these notes - just received the letter. Where do I sell these and how later ? Thanks
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Observers Elite	09-Jan-2017 19:03        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do remember that these zero coupon notes, unlike the other 2 that had recently been restructured, are secured against the assets of the company. There should be a certain premium when pricing these notes. limahping      ( Date: 09-Jan-2017 16:06) Posted: Hi Sheerluck, But KrisEnergy is trading at ex-offer now.  ie. even if the owner sells the share, they can still go and subscribe to the notes and warrant, so if any one want to sell at 0.21, they sould have sold and this will reflect in the share price already, right? I will calculate the zero coupon note therotical price by : (1) / (1.0x)^7 So if I need say 8% interest, then the therotical price will be (1)/(1.08)^7 = 1/1.71=$ 0.58.  But no point calculating too hard, as there is no market to sell, even if we want to :) sheerluck      ( Date: 09-Jan-2017 14:55) Posted: I would have included the total cost ie also the cost of the mother shares in the calc. So using 1000 KRIS shares at say 20cts. Shares 1000 cost $2000 Note 93 cost $93 Warrant 837 cost $0 So assuming one convert that 837 warrant to ordinary KRIS shares then they are effectively holding 1,837 shares and 93 notes costing them $293. I have no idea how o price the ​ note so starts with 0% interest assumption ie ntoe can be sold for $93 as well.  Then the breakeven price for the 1,837, is 15.9cts assuming differences between ordinary shares and warant maintained at 11cts. If higher interest rate implied a lower price for the note, then the breakeven price for that 1,837 shares needs to be raised to compensate for it. So the arguement is there is actually quite a nice big gap to take profit for those who have bought the shares and subscribe to the note and warrant.  So what is likely to happen when the note and warrant become active in the market.  when people take the opp to take profit.  Assuming you bought KRIS at 20cts, there is about a 30% profit margin to gain.  For a market where oil price is still volatile which KRIS depends on, cashign out and taking profit might be the prefered way. Well we will see will unfold leading to the note and warrant listing date and on the date itself.
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rogeryap Member	09-Jan-2017 19:00        rogeryap About Contact  Quote this Post!
x 0   x 0  Alert Admin	58cts sounds good!!! Lol limahping      ( Date: 09-Jan-2017 16:06) Posted: Hi Sheerluck, But KrisEnergy is trading at ex-offer now.  ie. even if the owner sells the share, they can still go and subscribe to the notes and warrant, so if any one want to sell at 0.21, they sould have sold and this will reflect in the share price already, right? I will calculate the zero coupon note therotical price by : (1) / (1.0x)^7 So if I need say 8% interest, then the therotical price will be (1)/(1.08)^7 = 1/1.71=$ 0.58.  But no point calculating too hard, as there is no market to sell, even if we want to :) sheerluck      ( Date: 09-Jan-2017 14:55) Posted: I would have included the total cost ie also the cost of the mother shares in the calc. So using 1000 KRIS shares at say 20cts. Shares 1000 cost $2000 Note 93 cost $93 Warrant 837 cost $0 So assuming one convert that 837 warrant to ordinary KRIS shares then they are effectively holding 1,837 shares and 93 notes costing them $293. I have no idea how o price the ​ note so starts with 0% interest assumption ie ntoe can be sold for $93 as well.  Then the breakeven price for the 1,837, is 15.9cts assuming differences between ordinary shares and warant maintained at 11cts. If higher interest rate implied a lower price for the note, then the breakeven price for that 1,837 shares needs to be raised to compensate for it. So the arguement is there is actually quite a nice big gap to take profit for those who have bought the shares and subscribe to the note and warrant.  So what is likely to happen when the note and warrant become active in the market.  when people take the opp to take profit.  Assuming you bought KRIS at 20cts, there is about a 30% profit margin to gain.  For a market where oil price is still volatile which KRIS depends on, cashign out and taking profit might be the prefered way. Well we will see will unfold leading to the note and warrant listing date and on the date itself.
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Doffy85 Senior	09-Jan-2017 17:27        Doffy85 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like this rally is in view of block A in cambodia expected to start this week.. any comments?
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limahping Senior	09-Jan-2017 16:06        limahping About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Sheerluck, But KrisEnergy is trading at ex-offer now.  ie. even if the owner sells the share, they can still go and subscribe to the notes and warrant, so if any one want to sell at 0.21, they sould have sold and this will reflect in the share price already, right? I will calculate the zero coupon note therotical price by : (1) / (1.0x)^7 So if I need say 8% interest, then the therotical price will be (1)/(1.08)^7 = 1/1.71=$ 0.58.  But no point calculating too hard, as there is no market to sell, even if we want to :) sheerluck      ( Date: 09-Jan-2017 14:55) Posted: I would have included the total cost ie also the cost of the mother shares in the calc. So using 1000 KRIS shares at say 20cts. Shares 1000 cost $2000 Note 93 cost $93 Warrant 837 cost $0 So assuming one convert that 837 warrant to ordinary KRIS shares then they are effectively holding 1,837 shares and 93 notes costing them $293. I have no idea how o price the ​ note so starts with 0% interest assumption ie ntoe can be sold for $93 as well.  Then the breakeven price for the 1,837, is 15.9cts assuming differences between ordinary shares and warant maintained at 11cts. If higher interest rate implied a lower price for the note, then the breakeven price for that 1,837 shares needs to be raised to compensate for it. So the arguement is there is actually quite a nice big gap to take profit for those who have bought the shares and subscribe to the note and warrant.  So what is likely to happen when the note and warrant become active in the market.  when people take the opp to take profit.  Assuming you bought KRIS at 20cts, there is about a 30% profit margin to gain.  For a market where oil price is still volatile which KRIS depends on, cashign out and taking profit might be the prefered way. Well we will see will unfold leading to the note and warrant listing date and on the date itself.   limahping      ( Date: 09-Jan-2017 11:08) Posted: This post, a bit strange. Just say one side of the story - No interest pay.  Didnt say the other side - There is warrant given that is in the money. Just a quick calculation : a) For every 1000 share CO, it comes with the rights to buy 93 zero coupon note at $1 each b) With it, it comes with 837 warrants at exercise price of $ 0.11 c) Current price is about $ 0.21, so the warrant is woth about $ 0.1 minimum.  Probably can be worth $ 0.12. So the 837 warrant is worth about $ 100.44 (0.12 * 837 = $ 100.44) ie. if you come out with $ 93 you can sell the warrant and get back $ 100.44.  And hold on to the notes (at no cost, since you arleady recovered the cost by selling the warrant) with the potential to give you back $ 93 in 7 years time
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sheerluck Supreme	09-Jan-2017 15:35        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	This is just a calc for a theoretical situation.  Actual situation might be different or totaly unexplainable.  But there is another way to use this calcuations. Many people may have bought KRIS when price were much higher. If assuming a group of people bought at 50cts, the breakeven price will be 32.3cts.  So they are still facing losses but will be lower.  So how many will want to bite the bullet and let go? Now assuming another group of people who bought at 28cts.  Their breakeven price will be 20.3cts.  So they have some small profit but more importantly they are not in red now.  So how many will take this opp to quickly leave the scene before it changes again? So in the end how the scene palyed out?  Who knows.  Maybe all looking at oil price for indication. rogeryap      ( Date: 09-Jan-2017 15:18) Posted: So ppl who buy now at 20cts are playing with the warrants? Like tat Mother share upside limited lei
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rogeryap Member	09-Jan-2017 15:18        rogeryap About Contact  Quote this Post!
x 0   x 0  Alert Admin	So ppl who buy now at 20cts are playing with the warrants? Like tat Mother share upside limited lei
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sheerluck Supreme	09-Jan-2017 14:55        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	I would have included the total cost ie also the cost of the mother shares in the calc. So using 1000 KRIS shares at say 20cts. Shares 1000 cost $2000 Note 93 cost $93 Warrant 837 cost $0 So assuming one convert that 837 warrant to ordinary KRIS shares then they are effectively holding 1,837 shares and 93 notes costing them $293. I have no idea how o price the ​ note so starts with 0% interest assumption ie ntoe can be sold for $93 as well.  Then the breakeven price for the 1,837, is 15.9cts assuming differences between ordinary shares and warant maintained at 11cts. If higher interest rate implied a lower price for the note, then the breakeven price for that 1,837 shares needs to be raised to compensate for it. So the arguement is there is actually quite a nice big gap to take profit for those who have bought the shares and subscribe to the note and warrant.  So what is likely to happen when the note and warrant become active in the market.  when people take the opp to take profit.  Assuming you bought KRIS at 20cts, there is about a 30% profit margin to gain.  For a market where oil price is still volatile which KRIS depends on, cashign out and taking profit might be the prefered way. Well we will see will unfold leading to the note and warrant listing date and on the date itself.   limahping      ( Date: 09-Jan-2017 11:08) Posted: This post, a bit strange. Just say one side of the story - No interest pay.  Didnt say the other side - There is warrant given that is in the money. Just a quick calculation : a) For every 1000 share CO, it comes with the rights to buy 93 zero coupon note at $1 each b) With it, it comes with 837 warrants at exercise price of $ 0.11 c) Current price is about $ 0.21, so the warrant is woth about $ 0.1 minimum.  Probably can be worth $ 0.12. So the 837 warrant is worth about $ 100.44 (0.12 * 837 = $ 100.44) ie. if you come out with $ 93 you can sell the warrant and get back $ 100.44.  And hold on to the notes (at no cost, since you arleady recovered the cost by selling the warrant) with the potential to give you back $ 93 in 7 years time   lovetoshare      ( Date: 09-Jan-2017 08:54) Posted: More ppl going to drown in this stock Zero coupon no interest paid , u received principal after seven long years
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limahping Senior	09-Jan-2017 11:08        limahping About Contact  Quote this Post!
x 0   x 0  Alert Admin	This post, a bit strange. Just say one side of the story - No interest pay.  Didnt say the other side - There is warrant given that is in the money. Just a quick calculation : a) For every 1000 share CO, it comes with the rights to buy 93 zero coupon note at $1 each b) With it, it comes with 837 warrants at exercise price of $ 0.11 c) Current price is about $ 0.21, so the warrant is woth about $ 0.1 minimum.  Probably can be worth $ 0.12. So the 837 warrant is worth about $ 100.44 (0.12 * 837 = $ 100.44) ie. if you come out with $ 93 you can sell the warrant and get back $ 100.44.  And hold on to the notes (at no cost, since you arleady recovered the cost by selling the warrant) with the potential to give you back $ 93 in 7 years time   lovetoshare      ( Date: 09-Jan-2017 08:54) Posted: More ppl going to drown in this stock Zero coupon no interest paid , u received principal after seven long years
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