| Latest Forum Topics / Alpha DX |
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Alpha Energy - Looking forward to 6000 BOPD
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fighting
Master |
18-Nov-2019 22:11
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I feel cheated.... | ||||
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Sgvale
Supreme |
18-Nov-2019 22:11
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Think so. When everything & share price seems looking up. Suddenly halt then suspend.
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pkli899
Supreme |
18-Nov-2019 22:09
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Haha, thanks for your comforting words. Really nothing we can do.....just hope for the best liao.
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Justice888
Supreme |
18-Nov-2019 22:07
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Substantial shareholder shld be aware . Bec they sold part of the oil field to alpha in exchange for shares. Means they are active in the oil field
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pkli899
Supreme |
18-Nov-2019 22:07
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Yes, how can like that do.
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pkli899
Supreme |
18-Nov-2019 22:05
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Ya lor, how come SSH dunno. Still increased holding.
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yeahmu
Senior |
18-Nov-2019 22:05
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Guys, take a peace of mind. The worst already past, as long as they can generate revenue in coming few quarters. They able to survive and don't forget next 2020 1H if everything goes smooth then the hope of 6000 BDOD. They got stake bargain with lender let the clear the dust | ||||
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embracez
Senior |
18-Nov-2019 22:05
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Damn f up SGX actually allow such thing to happen bLow it up and then halt and suspend knnnn   |
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gravity8888
Supreme |
18-Nov-2019 22:04
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Not sure if the default is made known to neo alaskan? If not they gong gong take up the shares meh | ||||
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kt3152
Supreme |
18-Nov-2019 21:54
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OK I missed this part.  thanks for highlighting......
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pkli899
Supreme |
18-Nov-2019 21:53
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Better keep fingers crossed and hope they r successful in the negotiation. Otherwise..........no eye see liao. |
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pkli899
Supreme |
18-Nov-2019 21:51
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Ok, thanks. I went back to read their 31.5.19 announcement. U r correct. They defaulted on the first instalment of the USD64m loan.
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superstartup
Supreme |
18-Nov-2019 21:47
Yells: "Enjoy doing Fundamental Research" |
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The $10.9m term loan is to fund the expenditures from the period Apr to Jun 19. . . Majority paid off under the Rights Offering (with sort of off-setting arrangement). See Rights Offering announcement.
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pkli899
Supreme |
18-Nov-2019 21:45
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![]() But they did announced not too long ago that loan restructured and first payment date pushed back from Dec19 to June20. I very confused now.
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superstartup
Supreme |
18-Nov-2019 21:42
Yells: "Enjoy doing Fundamental Research" |
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Read the suspension announcement. It mentioned to read 31 May Announcement. And in the 31 May Announcement, you have 24 May 2019 n 1st payment due 1 Oct 19. Just sharing . . . Please perform your own DD. Thanks.
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kt3152
Supreme |
18-Nov-2019 21:39
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Did you read the suspension announcement?  It is referring to ING.....the 24 May 19 agreement......
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pkli899
Supreme |
18-Nov-2019 21:36
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This ING one already agreed to start repayment June2020. Hence, also not this. I think there is one 10.9m loan but I can' t remember for what purpose and when start repayment.
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n3wbie
Elite |
18-Nov-2019 21:34
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SGX faces a shrinking pool of companies - good ones get delisted or privatised while the crap ones go into suspension | ||||
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pkli899
Supreme |
18-Nov-2019 21:32
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USD64m is amount owe to Alaskan Govt. Supposed to start repayment from 2019 to 2026. Exact start date not sure. If presume quarterly repayment of 3.1m from 1 Oct 19, means 26 instalment of 3.1m each. Added up is 80.6m. This will implied above 25% interest. So, it' s unlikely to be this loan that they defaulted. |
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kt3152
Supreme |
18-Nov-2019 21:26
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SGX announcement on 8 JUN  2019    General Announcement::RESTRUCTURE OF ING LOAN | ||||
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