Posted by r3490 > 2016-10-19 15:25 | Report Abuse

who's buying Perisai today, Donald Trump?

Posted by chewyee5911 > 2016-10-19 15:53 | Report Abuse

Perisai really laosai.... drop from 24sen to 6sen...gone case...

Posted by bktay123 > 2016-10-19 16:39 | Report Abuse

betul lao sai!!!!

Posted by Junx Leow > 2016-10-19 16:43 | Report Abuse

memang lao sai

Posted by beso > 2016-10-19 16:44 | Report Abuse

TP 0.015

Posted by albertwarrior > 2016-10-19 16:54 | Report Abuse

Psiptek have low debts compared to perisai. From current ratio, it's current assets is more than its current liabilities which means liquidity in its cash flow. It also earn profit each year. Low debts mean lower the risk. Can hold it while low, and wait it to up in future.

Posted by 0008 > 2016-10-19 17:05 | Report Abuse

Haha ! Many people losing big money in this counter !
Becareful ! Happy trading !

Posted by derrickinvestor > 2016-10-19 18:04 | Report Abuse

0008 why are you so happy becoz many ppl losing money in this counter???? Are really even a human??

Posted by pea3034 > 2016-10-19 19:04 | Report Abuse

0008 no otak

Posted by UniC > 2016-10-19 20:30 | Report Abuse

dreaming....



Jetli Appears that Ezra might be forced to divest its 23.5% Perisai stake to stay afloat. Expect new controlling shareholders soon with quick turnaround plan i.e. Perhaps sell its 2 new oil rigs to repay bond holders

Posted by UniC > 2016-10-19 20:31 | Report Abuse

new controlling shareholder? who? ghost want to be controlling of a huge debt and dead company?

Posted by UniC > 2016-10-19 20:33 | Report Abuse

turnaround plan? talk easy la. how to turn around? invent new oil digging tools ka. how? a company that spend billions buying oil storage tankers and become land lord and lease it now find no tenants. how to turnaround? talk before think thru brain can or not?

Posted by meathere > 2016-10-19 20:36 | Report Abuse

No need to guess, wait till 25 Oct....

Posted by UniC > 2016-10-19 20:38 | Report Abuse

jetli ---Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI
Oct 13, 2016 07:27 AM | Report Abuse

NTA is 52 sen so if the company sells all the idle assets at a 70% discount (distressed value)
every shareholder will still get 15 sen per share so don't get stressed out on any knee-jerk effect


wow. the stock market work like that one ka. NTA is 52c means you sure get something ka...

firstly, the NTA 52c because you have not seen their coming impairment and write off report yet. it may exceed 52c so no Net tangible asset but Net tangible debt.

secondly. all NTA is not even enough to pay the bondholder. how could the shareholder get even 1 cent?

Posted by jasonor > 2016-10-19 21:06 | Report Abuse

2014 highest price is 1.7, today lowest 0.055.. walao eh, really pity those long term holders.... pr status in holland

Posted by 0008 > 2016-10-19 21:21 | Report Abuse

Haha ! Derrek n pea , I'm lose big money too around
Rm 1 million , but I'm feeling happy everyday and won't feel
sad becos of losing money , just playing game in
share market ! Just enjoy the process ! Happy trading !
Haha !

Posted by 0008 > 2016-10-19 21:26 | Report Abuse

Haha ! If losing money will make u feel sad , than
better dun involve in share market ! My sincere
advise ! Happy trading ! Haha !

Posted by UniC > 2016-10-19 21:56 | Report Abuse

in this world of fake eggs. fake boobs, and fake human. you donno NTA can be fake also?


go check out the NTA of Transmile before it went bankrupt?

thank me for educating you that.

Posted by chowsingchi > 2016-10-19 22:02 | Report Abuse

wow this uniC suddenly so high n mighty after kena blown off from chrissconn forum huh....

from newbie there turn into super sifu now...woooooo bagus hehe

Posted by UniC > 2016-10-19 22:03 | Report Abuse

mr chow. i got read newspaper one. so i know something.

Posted by chowsingchi > 2016-10-19 22:04 | Report Abuse

yea but dun overdo it le....dun simply shoot ppl just becoz u think u MAY be right...karma eh...make frens not war

Posted by UniC > 2016-10-19 22:09 | Report Abuse

ok mr chow. i listen to you.

Posted by chowsingchi > 2016-10-19 22:10 | Report Abuse

be humble n have humility...good things will come to u. cheers ppl n play safe

Posted by UniC > 2016-10-19 22:19 | Report Abuse

in Transmile case, Sales were fake, invoice and receivable all fake. its all fake.

its not that they didn't collect the debt. there is no debt to collect. haha.

Posted by UniC > 2016-10-19 22:20 | Report Abuse

joker jetli. dont be offended la. just for fun.

Posted by UniC > 2016-10-19 22:25 | Report Abuse

this company lied again and again.

1) said the debt problem would not affect its operation

2) say they have money to pay.


but i only see everyday they churn the volume to distribute to those stuck at 50c, 80c or whatever to average down. sick.

Posted by CUTLOST > 2016-10-19 22:29 | Report Abuse

Still not game over yet..0.03 soon

Posted by UniC > 2016-10-19 22:30 | Report Abuse

all these will stop at 1 cent eventually

Posted by UniC > 2016-10-19 22:33 | Report Abuse

20/80 rules is very powerful.

check out also occam's razor theory. very good for your life. can use it on anything.

Posted by UniC > 2016-10-19 22:40 | Report Abuse

Don't average unless blue chips


very true. but how many follow.

Posted by UniC > 2016-10-19 22:44 | Report Abuse

in bluechip. ie genting. you bought at 9.90, then it drop to 7.80. you average, your price is 8.90

no kick la.


in Perisai. your initial stuck cost is 1 lot 1.70, now 6 cent. you average 20 lot. = 1.70+120c=2.90/21= 13.8c

hahaha. now my cost is only 13.8c, when it reach 14cent i will sell all and run.

Posted by yingkang87 > 2016-10-19 23:00 | Report Abuse

tomorrow will up coz oil price up now!!!!

Posted by KedahMalay > 2016-10-20 00:20 | Report Abuse

Panas panas

Posted by speakup > 2016-10-20 09:16 | Report Abuse

now PN17, high chance will delist.
too many O&G OSV players.....either they MERGE into one mega OSV player or DIE.

EATECH, ICON, ALAM please MERGE now, otherwise follow the same fate as PERISAI!

Posted by bjgdila123 > 2016-10-20 09:23 | Report Abuse

0.05 mari mari

Posted by albertwarrior > 2016-10-20 10:37 | Report Abuse

Why Oil Could Head Back To $90 Sooner Than Thought

I don’t know much about fashion, but I have heard that blue is the new black. And I know that by the time I buy blue, everyone else will be wearing green.

In the oil business, modish pundits are now pronouncing, “60 is the new 90,” championing the thesis that productivity gains, cost improvements and price wars have pulled the global clearing price of oil to $60/B, down from $90/B a couple of years ago.

The oilfields of the world share some similarity to fashion ateliers.
ADVERTISEMENT
x

Designers in Paris and New York collude every fall to convince us all to wear new colours in the spring. Meanwhile, innovators in Houston and cartel leaders in Vienna claim that $60 a barrel is the new, long-term marginal cost of oil. As a result, a $90-per-barrel breakeven cost has become about as appealing to an oil investor as a wide necktie to a millennial.

Here’s the thing: Not everyone looks good in blue and not all producers have the rocks, expertise and infrastructure to make their financial statements look good at $60 a barrel.

Behind the scenes, the oil industry has become more discerning in its own way.

If there is one new style that’s obvious it’s that “short-cycle” investing is the new “long cycle.” In other words, smaller capital outlays, faster payback and more certain returns have become de rigour for oil and gas investing. No more multi-billion-dollar, decade-plus projects that are subject to the long-term vagaries of geopolitics, the threat of expropriation, corruption, civil war, policy uncertainty or outright obsolescence.

Like a traditional navy suit, investing in short-cycle projects is a fad that’s unlikely to end soon. Premier American oil fields like the Permian, Eagle Ford and Bakken are conducive to drilling when the trading screen flashes $60 in New York. So too are equivalent Canadian oil plays that are becoming trendy.

Posted by joe8032 > 2016-10-20 17:00 | Report Abuse

Die hard hard....:-(

Posted by pea3034 > 2016-10-20 17:24 | Report Abuse

0008 good advise for me to ....hahahahahah hihihihi enjoy

Posted by yingkang87 > 2016-10-20 21:00 | Report Abuse

EPF really will see perisai die die??

Posted by Orga > 2016-10-20 21:45 | Report Abuse

imo not going to close shop so soon. they are hiring people.. for nex or existin project, i am not really sure. look like they still have fuel in their tank..

Posted by mando > 2016-10-20 22:45 | Report Abuse

EPF bailout perisai ?

Posted by r3490 > 2016-10-21 11:04 | Report Abuse

Perisai Petroleum - Profound challenges
We resume coverage of Perisai with a comprehensive revision of forecasts.
Perisai’s biggest challenge is negotiating with lenders on the rescheduling of its
debt maturities, this includes not only the MTN bondholders, but also the
bankers. Perisai cannot count on support from its strategic shareholder, Ezra,
who is facing its own problems, which explains our Reduce rating and SOP
target price of 8 sen. If Perisai is liquidated today at a 20% discount to its blue
skies valuation, there may not be enough to settle its debts, leaving
shareholders with almost no residual value.

Posted by albertwarrior > 2016-10-21 11:38 | Report Abuse

Reuters
What to watch for - Malaysia's 2017 budget

Oct 20 (Reuters) - Malaysia's Prime Minister Najib Razak presents the government's 2017 budget on Oct. 21. Below are some items that could feature in the coming year's budget, according to analysts' research notes and Malaysian media reports.

For a PREVIEW of the budget, please see CASH AID

Bank RHB foresees a 100 ringgit ($24.07) hike in cash handouts for low-income households, bumping up the allocation to about 6.6 billion ringgit next year in a bid to stimulate consumer spending. For 2016, it was increased by 50 ringgit to 1,000 ringgit per household.

GST

The government will likely maintain the goods and services tax introduced in April 2015, at 6 percent to avoid any disruption to household expenses and cost of doing business, says asset management firm Affin Hwang.

CORPORATE TAX

Affin Hwang thinks a 1 percentage point cut to corporate tax effective, effective in 2018, will be announced. The rate was cut by 1 percentage point this year to 24 percent. PERSONAL INCOME TAX

There will likely be no cut to personal income tax rates, though there may be more provisions for tax relief next year, according to Maybank Investment Bank.

BIMB Securities said the government may increase tax income relief for "lower middle income" individuals. It says the size of the tax deductions they can claim for themselves and for children below aged 18 may be increased to 2,500 ringgit from 2,000 ringgit. Relief for a taxpayer whose spouse has no income may be increased to 4,500 ringgit from 4,000 ringgit, BIMB said.

INDUSTRIES

Prime Minister Najib Razak has said the 2017 budget will also focus on industries reeling from the sluggish global economy.

INFRASTRUCTURE PROJECTS

Budget 2017 will likely firm up details of major infrastructure projects that have yet to take off to maintain momentum in the sector to support growth, says Maybank IB. These would include highway and public transport projects in the peninsula and Sabah, and a timeline for the implementation of the Kuala Lumpur-Singapore High Speed Rail project.

Posted by fred2758 > 2016-10-21 12:39 | Report Abuse

Betting on perisai now is just like gambling in casino.

Posted by beso > 2016-10-21 14:31 | Report Abuse

sure drops below 0.05

Posted by goreng_kaki > 2016-10-21 17:31 | Report Abuse

Maybank buy perisai @0.06

Posted by mando > 2016-10-21 17:44 | Report Abuse

y would maybank buy a pn17 co? where is the proof?

Posted by djibaok > 2016-10-22 17:01 | Report Abuse

ini perisai sudah mau tukar jadi perisai-wz. Itu pasai harega jadi ini macam.

Posted by Bullhunter > 2016-10-23 11:16 | Report Abuse

oil price can shoot up but perisai is dead...

Posted by albertwarrior > 2016-10-23 11:29 | Report Abuse

OPEC Will Drive Oil Price Up To $60 And US Shale Players Would Bank It
Gaurav Sharma , CONTRIBUTOR
Like it or not, looks like the oil price is heading towards $60 per barrel, driven on by OPEC with more than tacit support from Russia. If soundbites received at the conclusion of the International Energy Forum in Algiers on 28 September are to be believed, the cartel is on course to cut production to a range of 32.5 to 33 million barrels per day (bpd) led by Saudis, in a move likely to be supported by the Russians with some action of their own.

Since both the Russians and Saudis have started talking about “prices” rather than production levels, the coming together of Moscow and Riyadh – who between them are pumping over 20 million bpd – along with the rest of OPEC for some good old fashioned market tinkering appears inevitable.