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Loyz Energy - Brewing ?
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Shifu8888
Supreme |
30-Oct-2017 15:49
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Attended its egm. One word to describe management: finished. | ||||
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gravity8888
Supreme |
30-Oct-2017 14:49
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No hope liao??? | ||||
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vivacious
Supreme |
23-Oct-2017 23:55
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looking bad | ||||
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dav781
Senior |
23-Oct-2017 22:57
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Bought in last Friday actually. Announced today.
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dav781
Senior |
23-Oct-2017 22:55
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Something brewing this week? 2 directors bought in shares from open market this week and AGM/EGM this Friday. |
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dav781
Senior |
21-Oct-2017 22:45
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Disregard my question pls. Just found it in the annual report. I think the CEO was paid too much! Shareholders need to say something :-)
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dav781
Senior |
20-Oct-2017 18:35
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Where did u get this number &mdash CEO&rsquo s salary? Annual report?
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Shifu8888
Supreme |
20-Oct-2017 11:38
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Interesting. | ||||
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ifallgoeswell
Senior |
20-Oct-2017 11:07
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Truth be told, company needs money. More important is where it come from and how they use it. Good if they use it to clear a portion of debts and the balance focus on in-fill drilling to boost production levels back to at least 300k barrels/year asap. Drill exploration wells, iirc about 90% of thai concessions still unexplored, all that potential lying around. But one hurdle will be the JV strategy.
Hope management team has already prepared a solid business plan for their proposed diversification. I'm sure all shareholders will be questioning and want to know in detail how the money is planned to be utilised for the benefit of the coy and shareholder value. |
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dav781
Senior |
20-Oct-2017 10:51
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Something is brewing from now to the AGM/EGM next friday. Current SSHs vs rights underwriters. Eventually, i believe such " competition" would be good for its share price. Going back to fundamentals, at current share price, Loyz is definitely worth its salt, considering its high NAV per share. |
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dav781
Senior |
20-Oct-2017 10:39
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Existing big shareholders might go against the rights issue too.
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ifallgoeswell
Senior |
20-Oct-2017 10:37
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Wa seems like this egm might be interesting. Wonder if any existing big shareholders will go and grill the management. Maybe ask them scrap the rights issue, ask these bunch of new investors to subscribe to share placement at same price as carnarvon at least. Jitsun, wavelink and rex together have close to 400mil shares, need another 400mil from other shareholders to support. | ||||
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Shifu8888
Supreme |
20-Oct-2017 10:09
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Stay rational. Don?t short unless big Existing shareholders dump together. B.B. supporting using different accounts. Impt is those Existing big shareholders must join forces to go against this batch of young punks. What you said is true. This mgt is not out to save the company. They are self-enriching through share play. They are more like remisiers than running a proper business.
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dav781
Senior |
20-Oct-2017 10:01
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pls short :-)
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dav781
Senior |
20-Oct-2017 09:59
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After giving in much thoughts, I will still attend the AGM/EGM to vote against the placement of shares for new business and rights issues. At current share price, there is nothing much for me to gain (and a lot to lose) by agreeing to the new business and subscribing to the rights. The management has yet to prove themselves and the irrevocable underwriting only stand to to benefit new investors who are not even current share holders. All shareholders should come together to vote against the management! We should not agree to the rights issue as long as share price is below 1.5 cents!! |
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gravity8888
Supreme |
20-Oct-2017 09:37
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So buying at. 10 is quite a safe bet? | ||||
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Shifu8888
Supreme |
20-Oct-2017 08:51
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Not possible. B.B. using many trading accounts to support unless big hands shareholders dump.
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gravity8888
Supreme |
20-Oct-2017 08:49
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Wanna short? | ||||
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Shifu8888
Supreme |
20-Oct-2017 08:38
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Back to 1 cent today. | ||||
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destinykraze
Elite |
20-Oct-2017 08:37
Yells: "Reality is only a matter of perception" |
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Lul. that' s a good one.
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