| Latest Forum Topics / Falcon Energy |
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Neglected, Illiquid, Undervalue, Recovery counter
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askthebear
Master |
09-Jun-2017 09:44
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Do we have a choice if the CEO owns 75% of shares
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danger
Supreme |
09-Jun-2017 09:26
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THE NAV OF FEG IS ABOUT 47cents ...   NO WAY PRIVATISE AT 6c | |||||||||||||||||||||||||||||||||||
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AndyLoss
Master |
08-Jun-2017 23:26
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Privatisation won' t be approved if the price is 0.06 - as the average price is taken into consideration. This can happen if for the next 6 / 7 months the price remains the same .... and then 20% offer is made..
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Stellar
Member |
08-Jun-2017 22:24
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FEL IS A GOOD COMPANY. THEY PAYOUT GD DIV DURING THE GD DAYS. A CO WITH HIGH INTERGRITY. THEIR CLIENTS ARE MOST OF THE OIL MAJORS. SAD, SHE IS AT THIS POSN FOR THIS DWNTURN. ( WELL EXPECTED) THIS PRICE IS ATTRACTIVE.  AM SPECULATE, SOMETHING IN THE PIPELINE... SOMETHING,  
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askthebear
Master |
08-Jun-2017 22:08
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If CEO reaches an agreement with the rest he would have controlled 70% and what is 5 more % to him. He could jolly delist by offering 0.06 which is 20% premium of last trading an fool all of us to accept. And he will pocket all. If u have money . Just buy and hold. This price is stupid. U all think 50 million falcon cannot pay? Or even borrow from bank as collateral of assets
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Stellar
Member |
08-Jun-2017 21:52
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already 100% oversold. hitting the longkang, awaiting for rebound i guess. dont knw who is dumping. |
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Stellar
Member |
08-Jun-2017 21:38
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look like a gd chance to delist. what do you reckon the offer wl be assumpting if the current closing of 5c maintain. purposely make it cheap cheap for delist. |
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kangaroo11
Veteran |
08-Jun-2017 21:27
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Buyout can take place if approved by majority >75% shareholding and not voted against by 10%. Remmuneration, usually cash will be offered to shareholders for their shareholding to be delisted. | |||||||||||||||||||||||||||||||||||
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AndyLoss
Master |
08-Jun-2017 20:52
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needs expert advice, I am new to this - sorry - if CEO is able to get 12m and takes the company private - what would happen to shareholders ? :)
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danger
Supreme |
08-Jun-2017 18:48
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If o&m companies allow to borrow up to $70 million from government... This amount can privatise FEG a few times at current market cap | |||||||||||||||||||||||||||||||||||
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danger
Supreme |
08-Jun-2017 18:46
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(June 8): Pacific Radiance announced Thursday that it has been granted $85 million in loans under two government-backed financing schemes to help tide over the prolonged offshore and marine (O&M) industry downturn. The two programmes ? the Internationalisation Finance Scheme (IFS) by International Enterprise (IE) Singapore and the Bridging Loan (BL) scheme by Spring Singapore ? will help support the group?s working capital needs over the medium term. The IFS was enhanced late last year to allow O&M companies to borrow up to $70 million. Pacific Radiance also managed to secure a maximum loan of $15 million under the BL scheme | |||||||||||||||||||||||||||||||||||
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danger
Supreme |
08-Jun-2017 18:43
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Bro u talking to yourself???
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acetron
Member |
08-Jun-2017 17:38
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don' t look good.  | |||||||||||||||||||||||||||||||||||
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askthebear
Master |
08-Jun-2017 17:17
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So desperate meh?   Going at today fall, maybe max profit $200,000
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kangaroo11
Veteran |
08-Jun-2017 17:13
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half the volumn married deals!!! keep using married deals to press down price to create momentum. left pocket to right pocket, losses not " really realised" ... press low low, then suck and push up!!! Maybe someone is tying to use this to raise funds to pay the bondholders this sept lah!!! lol!!! |
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askthebear
Master |
08-Jun-2017 17:08
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If i am him, i will offer $0.06 and tell shareholders, look i am paying a premium of 20% off the market price but the fact is he only pay $14 million but get to pocket $300 million. He will laugh at all of us. | |||||||||||||||||||||||||||||||||||
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askthebear
Master |
08-Jun-2017 16:55
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I rather if he see no light to the oil industry, sell company now at least each can get $0.30 per shares. | |||||||||||||||||||||||||||||||||||
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askthebear
Master |
08-Jun-2017 16:51
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Guys don' t be stupid. Don' t Sell. After minus the ALL LIABILITIES, STILL LEFT $300 + million.  
Look CEO get pay 12 million to buy out from you and after repay all, he can pocket $300million CASH. GOOD DEAL
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askthebear
Master |
08-Jun-2017 16:45
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Look  
All he need is to pay 12 million to take company private =( and later sell the asset one by one and still got left =( . Dun know who sold |
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AndyLoss
Master |
08-Jun-2017 16:42
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I m also holding...no point selling now...:)
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