| Latest Forum Topics / KrisEnergy |
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KrisEnergy
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andysim83
Elite |
11-Oct-2017 16:52
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haha..usual style of sg market..hardly can go up more than 5 pips then will drop back some....wan to go up abv 5 pips must wait for weeks...
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sbscap
Master |
11-Oct-2017 16:46
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Must be First Reserve selling. I was also expecting a break away from 12c. Sianz. Back to 11.4 again. Wash and pump. | ||||
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TraderBen
Supreme |
11-Oct-2017 12:17
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be patient.. coming soon   |
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michaeltan
Master |
11-Oct-2017 11:40
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Lousy turbocharger made in where? How come so short lived? Ready need oil & gas to propel the engine. To reload with two-cycle engines  ...
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calvinlooi
Senior |
11-Oct-2017 11:31
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Can run? | ||||
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michaeltan
Master |
11-Oct-2017 10:08
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Well done with $0.12 breakthrough. In  turbocharger now.....close an eye 6 million shares eaten up!
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TraderBen
Supreme |
11-Oct-2017 10:02
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after consolidating for so long.. time to move up.. target 0.150.. | ||||
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bllue911
Member |
11-Oct-2017 09:58
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Moving | ||||
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Battle123
Elite |
11-Oct-2017 09:57
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Hmm just now bought too little
:) |
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WL123456
Supreme |
11-Oct-2017 09:34
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Brent at $56 usd , new powerful and connected CEO, opec making new moves to increase prices further , us shale slows ( production cost catching up) . Plenty of upside on this one . | ||||
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Msport
Elite |
11-Oct-2017 09:26
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need to clear 0.12 for breakout | ||||
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michaeltan
Master |
11-Oct-2017 09:19
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Hope turbocharger will continue.......
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michaeltan
Master |
11-Oct-2017 09:17
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Hope turbocharger will continue......
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TraderBen
Supreme |
09-Oct-2017 11:08
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I think what they said is true.. no one is interested in this counter anymore.. should sell.. | ||||
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Msport
Elite |
09-Oct-2017 10:11
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no follow mermaid?? | ||||
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laksaman57
Supreme |
09-Oct-2017 09:34
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https://www.breakingviews.com/features/chinas-oil-giants-brace-for-electric-car-crash/ | ||||
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michaeltan
Master |
09-Oct-2017 08:58
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The price is  already so much distressed. It will  be privatised  if under Choo Chiau Beng, a former Keppel Corp. Hopefully Mr  Loh Chin Hua,  current CEO  of Keppel Caop  will do something about it. I guess  privatisation is one of the option.
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laksaman57
Supreme |
09-Oct-2017 08:23
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https://www.google.com.sg/amp/s/www.fool.com/amp/investing/2017/03/19/you-wont-believe-what-saudi-arabias-oil-production.aspx | ||||
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spangle
Member |
08-Oct-2017 22:59
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finally we have sensible ones. Yes there will be more capex going forward.  PLUS, to maintain production rates for existing fields you will need more development capex also for more wells, and thats about 7m per quarter or even more.  And not to forget about the global oil climate. Yes, there will be countries that will demand oil, but whenever oil touches 55-60, US Shale will come into play, and push prices down again.  The reason why bigger players can continue to pump oil also it' s because they have strong balance sheets, plus their cost of production for oil is much lower. Their scale also makes it easier.  Kris on the other hand is so much smaller, plus they are already running into cash flow problems with an amazingly weak balance sheet that can collapse anytime. I doubt having Keppel on board helps because i dont think they will want to accumulate > 50% in Kris, because they will have to consolidate Kris' losses on their balance sheet. -- for what!?  And for those who are saying holding Kris for the LT like Volmax, please tell me whether Kris has a long term or not. Every quarter we are seeing cash outflows. Their current operations cannot even sustain their need for consistently increasing development capex and declining oil and gas assets. In short, they are burning cash every quarter. They are already struggling on a quarter to quarter basis already, where got any long term to talk about. UNLESS, they discover an oil field that is SO SO rich in resources. So those that win, is because of pure luck. 
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andychew.eh
Senior |
08-Oct-2017 15:16
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Wait 1st
See next qtr resulta how is it. But i dont havr good feeling about Kris. Because they changed CEO abruptly. If performance good, ex CEO wont leave. Anyway, let's see next qtr results for Kris.
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