| Latest Forum Topics / Falcon Energy |
|
|
FALCON ENERGY - UNDERVALUED WINNER TOP STOCK PICK
|
|||||
|
InvestNotTrade
Senior |
07-Apr-2017 22:19
Yells: "seekingprivatereturns.blog" |
||||
|
x 0
x 0 Alert Admin |
From this, I' m guessing it' s a negative for FEG. They recognising a loss from the books.
|
||||
| Useful To Me Not Useful To Me | |||||
|
AndyLoss
Master |
07-Apr-2017 21:27
|
||||
|
x 0
x 0 Alert Admin |
is this good or bad for Stock Price :)
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
AndyLoss
Master |
07-Apr-2017 21:26
|
||||
|
x 0
x 0 Alert Admin |
http://www.businesstimes.com.sg/companies-markets/falcon-energy-subsidiary-dispose-shares-in-ch-offshore-for-s20m-in-strategic-move   MAINBOARD-LISTED Falcon Energy Group and its subsidiary Energian has disposed of 21.83 per cent of total shares in CH Offshore (CHO) for an aggregate consideration of about S$20 million, the group announced in a SGX filing on Friday. Following the disposal to Singapore-incorporated SZ Offshore Investment, Energian still owns 64.91 per cent of total shares in CHO. The consideration was arrived at after taking into account, among others, the adjusted net asset value of CHO of about US$197.45 million as of Dec 31, 2016. The sale of CHO shares was considered a strategic move, said the group, in light of the current global trend of decreasing oil prices, and CHO' s dependency on the oil and gas industry for its revenue.  
 
  The share disposal is to meet the group' s pressing obligation to repay the CIMB term loan instalment, which is due. After that, there will be a remainder of S$4.32 million for its working capital purposes. The term loan is secured by the CHO shares charged to CIMB.  
 
|
||||
| Useful To Me Not Useful To Me | |||||
|
AndyLoss
Master |
07-Apr-2017 21:23
|
||||
|
x 0
x 0 Alert Admin |
no news still :)   |
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
07-Apr-2017 18:37
|
||||
|
x 0
x 0 Alert Admin |
Other banks should learn well from DBS, UOB & OCBC failure to react fast to Ezra | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sheerluck
Supreme |
07-Apr-2017 18:13
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Sold 21% of CHO to OZ for $20mil.   That' s 13cts per share.   FEG bought CHO at 49.5cts just one year+ ago.   Seems like CIMB is recalling loan from FEG.   Don' t think it will be good for FEG share price. |
||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
07-Apr-2017 17:15
|
||||
|
x 0
x 0 Alert Admin |
Since energy coy need the market to draw fund to expand or pay debt, dont think privatising is in the card ? | ||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
07-Apr-2017 16:29
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
If there are any news, they shold be out by today.   Since FEG is trading at such a discount to its BV, maybe a good time to take it private. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
InvestNotTrade
Senior |
07-Apr-2017 16:24
Yells: "seekingprivatereturns.blog" |
||||
|
x 0
x 0 Alert Admin |
Suspend can easily come back. I do still think it's good news to neutral news. Falcon balance sheet is not that unhealthy in the O&G industry.
|
||||
| Useful To Me Not Useful To Me | |||||
|
AndyLoss
Master |
07-Apr-2017 16:22
|
||||
|
x 0
x 0 Alert Admin |
what does that mean...shareholders loose all the money :)
|
||||
| Useful To Me Not Useful To Me | |||||
|
InvestNotTrade
Senior |
07-Apr-2017 16:00
Yells: "seekingprivatereturns.blog" |
||||
|
x 0
x 0 Alert Admin |
If it doesn' t unhalt by end of today, probably will go into trading suspension already. |
||||
| Useful To Me Not Useful To Me | |||||
|
AndyLoss
Master |
07-Apr-2017 09:11
|
||||
|
x 0
x 0 Alert Admin |
still on HOLD
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
AndyLoss
Master |
06-Apr-2017 10:04
|
||||
|
x 0
x 0 Alert Admin |
the hold is still on... | ||||
| Useful To Me Not Useful To Me | |||||
|
AndyLoss
Master |
05-Apr-2017 19:40
|
||||
|
x 0
x 0 Alert Admin |
Why on HALT today .... any news coming ?  
|
||||
| Useful To Me Not Useful To Me | |||||
|
danger
Supreme |
31-Mar-2017 09:07
|
||||
|
x 0
x 0 Alert Admin |
MASSIVE 30% RETURN IN 2 WEEKS ! WHO ELSE IS AS GOOD ???
|
||||
| Useful To Me Not Useful To Me | |||||
|
danger
Supreme |
31-Mar-2017 09:06
|
||||
|
x 0
x 0 Alert Admin |
HIT HIGH OF 14.3 CENTS TODAY AS MY PREDICTION 14 cents OR 15 cents MAX  |
||||
| Useful To Me Not Useful To Me | |||||
|
AndyLoss
Master |
30-Mar-2017 19:37
|
||||
|
x 0
x 0 Alert Admin |
can I enter now ? :)
|
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
30-Mar-2017 16:55
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Good for you on this one.
|
||||
| Useful To Me Not Useful To Me | |||||
|
danger
Supreme |
30-Mar-2017 16:41
|
||||
|
x 0
x 0 Alert Admin |
WHO ELSE SO ACCURATE AND SPOT ON TO HUAT LIKE ME ??!
|
||||
| Useful To Me Not Useful To Me | |||||
|
danger
Supreme |
30-Mar-2017 14:31
|
||||
|
x 0
x 0 Alert Admin |
17% RALLY TODAY . SPOT ON
|
||||
| Useful To Me Not Useful To Me | |||||

