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Alpha Energy - Looking forward to 6000 BOPD Post Reply Rate topic
Huatsweeswee Master	19-Nov-2019 16:12        Huatsweeswee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today sing oil market also partial effected by this alpha
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pkli899 Supreme	19-Nov-2019 15:41        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Audermas      ( Date: 19-Nov-2019 15:39) Posted: Hahaha! So smart. Yes I also bought.. lol.. In terms of next steps - it?s not for us to determine la. They suspend what u want us to do. But I will say.. that the suspension announcement is not a bad announcement, but rather people wan a piece of the pork. Also, it?s not some random individual giving loans. It?s a proper institution, that part changes a lot. U realized a lot of dodgey companies which cui all have some random individual coming up with a loan. So I have more confidence. pkli899      ( Date: 19-Nov-2019 15:32) Posted: Haha, I think he also bought.....so same boat. No next step for us for the time being. Only can wait anxiously
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Audermas Master	19-Nov-2019 15:39        Audermas About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Hahaha! So smart. Yes I also bought.. lol.. In terms of next steps - it?s not for us to determine la. They suspend what u want us to do. But I will say.. that the suspension announcement is not a bad announcement, but rather people wan a piece of the pork. Also, it?s not some random individual giving loans. It?s a proper institution, that part changes a lot. U realized a lot of dodgey companies which cui all have some random individual coming up with a loan. So I have more confidence. pkli899      ( Date: 19-Nov-2019 15:32) Posted: Haha, I think he also bought.....so same boat. No next step for us for the time being. Only can wait anxiously. HendriJB      ( Date: 19-Nov-2019 14:30) Posted: Audermas - what is your view for Alpha Energy. Next Step?
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pkli899 Supreme	19-Nov-2019 15:32        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha, I think he also bought.....so same boat. No next step for us for the time being. Only can wait anxiously. HendriJB      ( Date: 19-Nov-2019 14:30) Posted: Audermas - what is your view for Alpha Energy. Next Step?
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pkli899 Supreme	19-Nov-2019 15:29        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha, right, this loan issue not settled means no eye see liao. gravity8888      ( Date: 19-Nov-2019 11:44) Posted: Dun need to wait for so long till 2020.. If they cannot even settle the loan issue.. It will be bye bye I guess. But unlikely lo
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HendriJB Supreme	19-Nov-2019 14:30        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	Audermas - what is your view for Alpha Energy. Next Step?
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Shareskiat89 Elite	19-Nov-2019 14:11        Shareskiat89 About Contact  Quote this Post!
x 0   x 0  Alert Admin	after settlement , cannot contra le. most give u 10 days to pay, like 1 to 2 weeks, after that charge interest. Starwar88      ( Date: 19-Nov-2019 13:33) Posted: Ya. Think at best give you 1 to 2 weeks to settle in full. If not, they will take action. Justice888      ( Date: 19-Nov-2019 13:31) Posted: Broker where got so good..
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Jesmar Master	19-Nov-2019 13:49        Jesmar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yalor yalor....say pay interest lor....not much lah just few tens dollars per month because this stock quite cheap few cents only. Luckily nver play up to 10 cts above....think this stock at most can go in future cannot exceed 10 cts!!! Anyway just sharing with some who may need to handle mini crisis!!! fighting      ( Date: 19-Nov-2019 13:39) Posted: Ya lor, they will charge you interest. Justice888      ( Date: 19-Nov-2019 13:31) Posted: Broker where got so good..
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fighting Master	19-Nov-2019 13:39        fighting About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya lor, they will charge you interest. Justice888      ( Date: 19-Nov-2019 13:31) Posted: Broker where got so good... Jesmar      ( Date: 19-Nov-2019 13:28) Posted: No la Rex cannot sell!! My broker really called told him no $ to pick up he said ok lah wait for return from susp then sell. I see how lol if prospect good then go pick up if con shop then force sell it off........but look like found oil is real if not lenders will not come knocking...they want a cut la of the oil.....so sit back and wait lol
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Starwar88 Supreme	19-Nov-2019 13:33        Starwar88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya. Think at best give you 1 to 2 weeks to settle in full. If not, they will take action. Justice888      ( Date: 19-Nov-2019 13:31) Posted: Broker where got so good... Jesmar      ( Date: 19-Nov-2019 13:28) Posted: No la Rex cannot sell!! My broker really called told him no $ to pick up he said ok lah wait for return from susp then sell. I see how lol if prospect good then go pick up if con shop then force sell it off........but look like found oil is real if not lenders will not come knocking...they want a cut la of the oil.....so sit back and wait lol
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Justice888 Supreme	19-Nov-2019 13:31        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Broker where got so good... Jesmar      ( Date: 19-Nov-2019 13:28) Posted: No la Rex cannot sell!! My broker really called told him no $ to pick up he said ok lah wait for return from susp then sell. I see how lol if prospect good then go pick up if con shop then force sell it off........but look like found oil is real if not lenders will not come knocking...they want a cut la of the oil.....so sit back and wait lol. Starwar88      ( Date: 19-Nov-2019 13:16) Posted: Don?t have to worry for Jesmar. Can always sell some Rex to pay for Alpha if got buy before halt.
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Jesmar Master	19-Nov-2019 13:28        Jesmar About Contact  Quote this Post!
x 0   x 0  Alert Admin	No la Rex cannot sell!! My broker really called told him no $ to pick up he said ok lah wait for return from susp then sell. I see how lol if prospect good then go pick up if con shop then force sell it off........but look like found oil is real if not lenders will not come knocking...they want a cut la of the oil.....so sit back and wait lol. Starwar88      ( Date: 19-Nov-2019 13:16) Posted: Don?t have to worry for Jesmar. Can always sell some Rex to pay for Alpha if got buy before halt. kt3152      ( Date: 19-Nov-2019 13:04) Posted: still have to pay.....
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kt3152 Supreme	19-Nov-2019 13:28        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 ... Starwar88      ( Date: 19-Nov-2019 13:16) Posted: Don?t have to worry for Jesmar. Can always sell some Rex to pay for Alpha if got buy before halt. kt3152      ( Date: 19-Nov-2019 13:04) Posted: still have to pay.....
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Starwar88 Supreme	19-Nov-2019 13:16        Starwar88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don?t have to worry for Jesmar. Can always sell some Rex to pay for Alpha if got buy before halt. kt3152      ( Date: 19-Nov-2019 13:04) Posted: still have to pay...... Jesmar      ( Date: 19-Nov-2019 11:38) Posted: So now suspended how huh?? share bought must pay or not ? OR wait for it to return from susp???Broker call tell them no $ to pick up lol......
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kt3152 Supreme	19-Nov-2019 13:04        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	still have to pay...... Jesmar      ( Date: 19-Nov-2019 11:38) Posted: So now suspended how huh?? share bought must pay or not ? OR wait for it to return from susp???Broker call tell them no $ to pick up lol......
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gravity8888 Supreme	19-Nov-2019 11:44        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dun need to wait for so long till 2020.. If they cannot even settle the loan issue.. It will be bye bye I guess. But unlikely lo
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borneo2017 Member	19-Nov-2019 11:42        borneo2017 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking through the timeline, why did the agree the dates to the loan payment when it did not have enough cash even for its operation. The recent rights offering raised 20m barely last for operation and company may not have money for current operation, not to say paying loan. It must be thinking that it is able to drill and sell enough oil in the current period to continue operation and to pay debt. But this is clearly not the case. Current 500 barrels a day cannot even fund operation. When will it be able to hit the 6000 barrels target? It says H1 2020 but that can mean June 2020 which is 8 mths later? By then will the company still surviving?
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Jesmar Master	19-Nov-2019 11:38        Jesmar About Contact  Quote this Post!
x 0   x 0  Alert Admin	So now suspended how huh?? share bought must pay or not ? OR wait for it to return from susp???Broker call tell them no $ to pick up lol......
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makdatok Supreme	19-Nov-2019 11:38        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	The authority oso has stake in Alpha if im not wrong pkli899      ( Date: 19-Nov-2019 11:15) Posted: Yes is BT mistake. Once in awhile la. Can email to point out. They will correct. I did before. ING loan first instalement is June 20. This defaulted loan is from Alaskan Govt. (AIDEA). So, no big fish eat small fish issue, though they have the right to take Alpha' s assets.   superstartup      ( Date: 19-Nov-2019 10:24) Posted: BT also funny. C what they report. " Under the agreement, Alpha Energy and TPNSD have to make repayments to ING Capital in quarterly instalments of US$600,000 starting June 15, 2020." Then where come the default? Suggest you guys go read the suspension announcement again. And in the suspension announcement, they quoted 31 May 19 announcement. Go to the 31 May 19 announcement. You see 24 May Loan Agreement. (In the suspension announcement, they also quoted a para. from the 31 May 19 announcement). Just sharing information only.
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pkli899 Supreme	19-Nov-2019 11:15        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes is BT mistake. Once in awhile la. Can email to point out. They will correct. I did before. ING loan first instalement is June 20. This defaulted loan is from Alaskan Govt. (AIDEA). So, no big fish eat small fish issue, though they have the right to take Alpha' s assets.   superstartup      ( Date: 19-Nov-2019 10:24) Posted: BT also funny. C what they report. " Under the agreement, Alpha Energy and TPNSD have to make repayments to ING Capital in quarterly instalments of US$600,000 starting June 15, 2020." Then where come the default? Suggest you guys go read the suspension announcement again. And in the suspension announcement, they quoted 31 May 19 announcement. Go to the 31 May 19 announcement. You see 24 May Loan Agreement. (In the suspension announcement, they also quoted a para. from the 31 May 19 announcement). Just sharing information only.   gravity8888      ( Date: 19-Nov-2019 10:17) Posted: Bro is ING.. https://www.businesstimes.com.sg/companies-markets/alpha-energy-calls-for-trading-halt-fails-to-clear-us31m-debt-on-time
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