https://www.theedgemarkets.com/article/epf-continues-pare-down-stake-serba-dinamik-it-offloads-another-305-mil-shares

https://www.oedigital.com/news/488091-repsol-sells-e-p-assets-in-malaysia-vietnam-to-hibiscus-petroleum

son is below RM1, so max is 30sen per day

if you hold WA now, the value of your holding is actually mother - 20sen after conversion. theoretically, even if WA limit up today (i think at 95
sen), it is still worth buying.

still in the money based on current price. gain at least +10 sen after conversion

WA holders can wait until dec 2022 to convert so no rush.

C29. It is still "in the money". The rest are too overpriced at current mother price.

jaycorp will benefit from strengthening USD

Perisai has 3 options: 1 - restructure the debt; 2 - sell assets; 3: raise new units/warrants. Option 1 is tough especially with their falling bond prices. Coupon rates will skyrocket if they can raise new ones and time is running out. Option 2 as per my previous text. Option 3: good luck doing this in current market. That's why i think going below 20Cent is a matter of time, not if.

need to raise cash to settle debt...trying to sell assets now but in a disadvantage position as buyer will surely tekan....they know perisai is desperate...be very careful all...oil price movement has less impact to this counter as the operators will not secure floaters new contract just because brent is inching up...

huge concern on its short term debt obligation coming in Oct..need to restructure as cash flow is tight...don't think the support at 0.20 will hold...that "support" has been drifting lower and lower.

Be careful guys...monday could be violent... Mother closed barely positive yet C25 is up 2.5 sen... Classic sign of trap being set

True Lelong... Sharks luring around this C25 crowd especially with mother relatively stagnant...

So many will get trapped by C25. The exercise price and ratio is too high..unless you believe mother will rise way above RM 2 in Jan'17.

get the warrant..

I think EGM is to approve related party transaction between Felda and Iris. Felda as a shareholder appoint Iris to develop some housing for them, worth about RM 500 mill. Please correct me if anyone understood the EGM circular differently.

http://klse.i3investor.com/blogs/kenangaresearch/45853.jsp

anyone noticed sudden 3 mill units sold at $0.455 at about 940hrs...looks like syndicated play..

@callme CLIQ raised money in RM, thus reducing their equivalent fund in USD. BTW, all purchase of oil/gas assets are in USD thus making them more expensive in ringgit.

@callme yes and no...if they are buying existing projects/assets from other corporations/asset owners, yes, high oil price will make the assets more expensive. But, if they are chasing smaller fields offered by national oil companies or going for production enhancement projects (like what is offered by BP Migas now), higher oil price makes more of these types of assets/projects available in the market

rise in currency and oil price is good for company like this...fields (especially the small ones) are now economical to develop with higher oil price, and with revenue in USD (oil price are traded in USD), better revenue to be brought back in ringgit.