| Latest Forum Topics / KrisEnergy |
|
|
KrisEnergy
|
|||||
|
sbscap
Master |
21-Nov-2017 20:01
|
||||
|
x 0
x 0 Alert Admin |
Agree on the hopelessness of this exchange. Cutting my allocation to a.max of 10% has improved my performance. There are,.however, gems like Kris that are irresistible. But I'm only marginally.invested.here. | ||||
| Useful To Me Not Useful To Me | |||||
|
SgTrader17
Elite |
21-Nov-2017 18:44
|
||||
|
x 0
x 0 Alert Admin |
This is probably the 3rd time that it's share price come down to 10cts. FR keeps selling its stake and this has prevented many retail investors from buying, fearing it will drop or hoping for cheaper buys. So far with FR selling, share price has been in range of 10 to 11cts, highest hit for a limited time was 11.5cts. The next few quarters of results will be important, as I think it will reflect the sustainability of Kris energy amid oil prices already at range of 55 (wti) and what the mgt intend to do going forward. I bought into Kris energy with a breakeven point now at 12cts. I bought with a few factors in mind, one is oil prices recovering and hope that Kris energy will turn around in its business. 2nd factor is the mgt team which I have confidence in. 3rd, KC has been the main SH even though FR is selling out. Probably when FR clears it's 30%, it will be KC the SSH of 40% and 60% public float? But I think there may be some new SSH revealed, as these recent sellingby FR, someone is picking up, it's a lot of shares that was being sold out by FR. I don't think it is small retail investors that are buying. They probably also join in the selling already. End of the day, when Oil hit 60, and FR is done, will we see a different Kris energy? That is my bet on it, but not on a contra basis but holding on to whatever I bought. May need some time, that is what I deem that I need to be patient. If you are impatient in investing, during a sell down by SSH, you are 100% going to lose money. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
HuathuatLeo
Elite |
21-Nov-2017 18:40
|
||||
|
x 0
x 0 Alert Admin |
Truth is that this exchange is a shitty exchange. The worlds best from bottoms up.
Profitable counters got slammed down. Too many shortist. Too many countries policies and controls. Thank God i still can make money. But if my counters are listed elsehwere probably i would be millionaires naire 5 times over. Lol.. We thot loh boon chye will bring in positive change but changes are slow. Trading queries are still flashed out every now and then. Big boys dont want to play here becoz of these controls.
|
||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
21-Nov-2017 18:38
|
||||
|
x 0
x 0 Alert Admin |
Go for Ah tel...Flt also boleh....Both give gd div....dyodd.....
|
||||
| Useful To Me Not Useful To Me | |||||
|
SgYuan
Supreme |
21-Nov-2017 18:26
|
||||
|
x 0
x 0 Alert Admin |
I admire your  broad base knowledge. You will be able to recover back.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
dragonboy76
Master |
21-Nov-2017 17:53
|
||||
|
x 0
x 0 Alert Admin |
Don't let greed get into your mind. No quick way to accumulate wealth. I fully understand ur feeling. Don't be too hard on yourself. Life is a long path, not only this moment. It is a blessing that at least you still feel some guilt as hopefully this will make u a more careful thinking and responsible person in future. No human is mistake-free.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wcp2017
Senior |
21-Nov-2017 17:44
|
||||
|
x 2
x 0 Alert Admin |
To tell the truth, I lost a lot recently . Even on good fundamemtals counters.
That's why I posted some negative opinions here to balance with the overly optimistic opinions here in several counters.
The good counters already up a lot. Like UOL, DBS . Missed the boat.
In Singapore, can only buy GLC blue chips like Singtel DBS Capitaland. Cos they are supported by our sovereign funds.
Lost $ the feeling is no good. Full of guilt. Cos $ if not lost can buy good food for family. Or a nice vacation. $ spent on family is better than losing on betting. I dont feel like i am investing now. Unlike in the past . I feel like I am betting up or down. I have become a gambler. In part due to SGX induced culture here.
(I used to invest long term in the past. Buy and keep. Anyway this is a shitty exchange. Only benefit a few counters only. Especially GLC counters )
Now I think back i lost $ due to I gek kiang, like many here also.
We think we are smart but there are many things we just dont know deep enough.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Wind22i
Supreme |
21-Nov-2017 17:28
|
||||
|
x 0
x 0 Alert Admin |
Seems like the selling is picking up pace | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
kangaroo11
Veteran |
21-Nov-2017 17:21
|
||||
|
x 0
x 0 Alert Admin |
Any good counters to recommend?
|
||||
| Useful To Me Not Useful To Me | |||||
|
wcp2017
Senior |
21-Nov-2017 17:04
|
||||
|
x 0
x 0 Alert Admin |
I often assess whether to buy into a stock by asking myself :
Will I sleep better after buying ?
Like if noble is down from $1 to 1.9 cts but then they making loss billions almost every qtr, I surely wont buy it.
But if I buy UOL now at $9 and if it drop to $8, I still can sleep ok. Because i know with all the assets and profits after profits one day it will worth $9 again.
|
||||
| Useful To Me Not Useful To Me | |||||
|
TraderBen
Supreme |
21-Nov-2017 16:59
|
||||
|
x 0
x 0 Alert Admin |
Q3 oil was only hovering around 45-50. $10 difference might be alot for Q4 results.. wait and see
|
||||
| Useful To Me Not Useful To Me | |||||
|
andysim83
Elite |
21-Nov-2017 16:55
|
||||
|
x 0
x 0 Alert Admin |
true..if want buy oil counters ..there are other counter better than kris...i think even oil ard $60 kris still wont be profitable..their Q3 results not very good
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
wcp2017
Senior |
21-Nov-2017 16:51
|
||||
|
x 0
x 0 Alert Admin |
After Swiber case, if I buy into loss making krisenergy, I dont think I can sleep well. Cos we wont know if they will have cash flow problem. Even profitable companies in sgx they price got slammed down. So , why keep hoping krisenergy will be better than a lot of profitable companies ? I would rather buy established profitable companies that are under valued right now. Can sleep better. | ||||
| Useful To Me Not Useful To Me | |||||
|
wcp2017
Senior |
21-Nov-2017 16:46
|
||||
|
x 0
x 0 Alert Admin |
Why buy into a loss making company and why many people think 10 cts is cheap ? A lot keep thinking loss making noble is cheap...very cheap....and what happened ? | ||||
| Useful To Me Not Useful To Me | |||||
|
TraderBen
Supreme |
21-Nov-2017 16:10
|
||||
|
x 0
x 0 Alert Admin |
if 10 cents break.. GG.. gone with the wind.. | ||||
| Useful To Me Not Useful To Me | |||||
|
jansen
Senior |
21-Nov-2017 15:59
|
||||
|
x 0
x 0 Alert Admin |
black friday came early. 099 now | ||||
| Useful To Me Not Useful To Me | |||||
|
kangaroo11
Veteran |
21-Nov-2017 15:22
|
||||
|
x 0
x 0 Alert Admin |
*KrisEnergy - MB KE - 3Q17 net loss narrowed to US$25.6m (3Q16: US$31.6m loss). - Revenue declined 12% to US$39m on reduced sale of crude oil (-11%) and gas (-23%) due to lower production from the Wassana oil field in the Gulf of Thailand, but partly pared by higher ASPs. - However, EBITDAX jumped 66% to US$7m, thanks to a 20% drop in adjusted operating cost. - Notably, operating cash flow improved to US$12m (3Q16: US$4m). - Net debt nudged higher to 0.62x from 0.59x. - Trades at 0.45x P/B. |
||||
| Useful To Me Not Useful To Me | |||||
|
sbscap
Master |
21-Nov-2017 14:31
|
||||
|
x 0
x 0 Alert Admin |
Good to see high volume. It means FR is selling but moving the price down only marginally. By the end of this month, FR' s stake should hopefully be down another 2%. I lost count. I think it is about 26.99% as at 14 Nov. Let' s hope FR is down to 18% by end of the year. | ||||
| Useful To Me Not Useful To Me | |||||
|
kangaroo11
Veteran |
21-Nov-2017 14:30
|
||||
|
x 0
x 0 Alert Admin |
I believe most chartists uses a range or set of indicators. I have 10 in my chart. Everyone could be different...
|
||||
| Useful To Me Not Useful To Me | |||||
|
callndrew
Senior |
21-Nov-2017 10:15
|
||||
|
x 0
x 0 Alert Admin |
This counter share is 81.25% over-sold, based on William %R. Does this info matter to its performance? | ||||
| Useful To Me Not Useful To Me | |||||

