| Latest Forum Topics / Alpha DX |
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Alpha Energy - Looking forward to 6000 BOPD
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eric998
Supreme |
19-Nov-2019 11:02
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hope the management solve the problem quickly.. management should already expected the default so the thinking should not be now.. it should be done months ago and not let it reach this situation..  | ||||
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eric998
Supreme |
19-Nov-2019 10:56
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if the creditors decided to Big fish eat small fish by seizing their key assets.. they may not be able to continue the oil finding or even production.. that will be a big problem..  | ||||
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Justice888
Supreme |
19-Nov-2019 10:54
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The interesting part is they don?t have so much loan. The loan chalk up after they consolidate the oil field
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eric998
Supreme |
19-Nov-2019 10:52
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company is loss making and has low cash around US$1mil.. need a lot of money to continue the oil finding and production.. so need to think of how money can come in.. high risk but high returns if management can solve money problem.. if you have faith in them. otherwise just stay out first and wait for positive news.. make less is better than losing all our money.. cannot be greedy.. HUAT! | ||||
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Justice888
Supreme |
19-Nov-2019 10:37
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I believe they will consult the company before they write and post
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gravity8888
Supreme |
19-Nov-2019 10:37
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BT never check properly first then they report?? | ||||
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superstartup
Supreme |
19-Nov-2019 10:26
Yells: "Enjoy doing Fundamental Research" |
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Please do your own DD. As I just sharing info. that I come across.
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Audermas
Master |
19-Nov-2019 10:25
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Based on circular and past announcements - it?s AIDEA but my rationale still stands.
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superstartup
Supreme |
19-Nov-2019 10:24
Yells: "Enjoy doing Fundamental Research" |
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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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Audermas
Master |
19-Nov-2019 10:19
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Announcement is drafted poorly. Lousy defined terms.
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Justice888
Supreme |
19-Nov-2019 10:17
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Ya I also confuse
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gravity8888
Supreme |
19-Nov-2019 10:17
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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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superstartup
Supreme |
19-Nov-2019 10:16
Yells: "Enjoy doing Fundamental Research" |
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Just sharing only.
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Justice888
Supreme |
19-Nov-2019 10:14
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Ya la. But sure got people want to put down or say negative things for self satisfaction. Especially those who sold...
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superstartup
Supreme |
19-Nov-2019 10:13
Yells: "Enjoy doing Fundamental Research" |
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Not ING leh. . . ING coming next year. Now is AIDEA.
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Jesmar
Master |
19-Nov-2019 10:12
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Difference between alpha and others is here we got appreciating assets and debts as others are depreciating assets and debts. So should not take long to work out....maybe ING may even lend them more $$$$!!!  | ||||
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Audermas
Master |
19-Nov-2019 10:09
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If you read the announcement carefully - you will realise that it is actually a good announcement. Think about it, they talk about sensitive information and key assets. What does it mean? It means ING isn?t interested in the money, they are interested in the assets. ING is a big institution, they look forward, not at small gains. This is precisely why Alpha is actually in a better position, if not ING will just call on default and enforce their legal rights under the agreement - why bother with negotiating. ING wants to win and Alpha is in a position to lose less.
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Justice888
Supreme |
19-Nov-2019 10:04
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I use half of my Rex winnings to buy.
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gravity8888
Supreme |
19-Nov-2019 10:01
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Yup.. I was reading the comment yesterday. Though default on 1st Oct. Neo still take up the shares in it.. They won't be gong gong to do that. Luckily is they found oil if not situation might be worse
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HendriJB
Supreme |
19-Nov-2019 09:56
Yells: "Breathe, Step Back - Think " |
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Main Thing is Alpha Energy already Found 1st Oil in Alaska and there are 3 more to find oil. One bank surely give them commercial loan for them to pay up and start trading and we will see Alpha back in Rally again.
Stay positive and positive Alpha Energy will Show us Rainbow 🌈 Colors very soon. Fingers cross 🤞 |
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