Posted by aminmanap1 > 2012-11-16 11:04 | Report Abuse

whack all the way up...RSI 67.8

Posted by cwkhor > 2012-11-16 11:08 | Report Abuse

waiting to confirm 52 high breakout...

Posted by hyzam1212 > 2012-11-16 11:10 | Report Abuse

thnks brave...better no contra today

Posted by ongtkong > 2012-11-16 11:11 | Report Abuse

keep flying, perisai

Posted by bursabulltrader > 2012-11-16 11:15 | Report Abuse

i think by news out...it is at 1.2x...

Posted by ongtkong > 2012-11-16 11:17 | Report Abuse

bursabulltrader, what news? more good news? More contract?

Posted by minitrader > 2012-11-16 11:17 | Report Abuse

siong...siong...siong...up up up and away...

Posted by reyes430 > 2012-11-16 11:17 | Report Abuse

did anyone see how the sell Q been cleared? I remember there is over 10000 lots parked at RM1.11...

Posted by Wong Yi Shen > 2012-11-16 11:18 | Report Abuse

trend probably continue till q3 report..hopefully can stay above 1.10

Posted by bursabulltrader > 2012-11-16 11:18 | Report Abuse

seeing weakness now...hope i am rite...:-)

Posted by cwkhor > 2012-11-16 11:27 | Report Abuse

Assuming that Perisai takes a 50% stake in the FPSO, UOB KayHian estimates that net present value (NPV) enhancement for the company could be in the range of 29 sen to 40 sen per share. Should the stake be debt-funded, Perisai's net gearing will rise from one time to 1.6 times, which the research house deem to be manageable and below the company's threshold of two times.

Posted by Wong Yi Shen > 2012-11-16 11:27 | Report Abuse

Hmm..i have a feeling 1.12 can be broken today...congrats to all who's holding..

Posted by hyzam1212 > 2012-11-16 11:28 | Report Abuse

what type of weakness? broke resistance d

Posted by sheep > 2012-11-16 11:30 | Report Abuse

KUALA LUMPUR: CIMB Equities Research has raised its target price for Perisai Petroleum from RM1.53 to RM1.57, which is an upside of 49.2% from the current price of RM1.05.

Perisai has secured an agency contract to operate an floating production and storage offshore unit in the North Malay Basin on behalf of Singapore-based EOC.

“But the bigger prize is in the potential equity ownership of the FPSO unit, which could give Perisai access to a three-year US$272mil deal, not inclusive of extension options.

“We tweak upwards our FY13-14 EPS to include the agency fees, while awaiting the outcome of the talks on equity ownership. The EPS upgrades and the use of CY14 P/E target of 13.3 times (unchanged from CY13 P/E target) raise our target price,” it said.

CIMB Research said Perisai remains an Outperform and its top small-cap oil & gas pick. An active fleet expansion and direct exposure to the FPSO segment are potential rerating catalysts.

buy now....sell on 20 nov

Posted by aminmanap1 > 2012-11-16 11:31 | Report Abuse

wow!!! that's good news indeed...

Posted by Hong2 > 2012-11-16 11:34 | Report Abuse

Yeah.... am still holding!

Posted by aminmanap1 > 2012-11-16 11:35 | Report Abuse

RSI 67.8...yes Wong Yi Shen...I also have a feeling that it'll break 1.12

Posted by aminmanap1 > 2012-11-16 11:36 | Report Abuse

buying rate 68%

Posted by bursabulltrader > 2012-11-16 11:49 | Report Abuse

ongkong...q3 news out..we should be in 1.2x....
hyzam1212...weakness in today upside....hope am still rite..

will move in only later today... :-)

Posted by ongtkong > 2012-11-16 12:09 | Report Abuse

thanks BBT

Posted by Wong Yi Shen > 2012-11-16 12:22 | Report Abuse

shaky...maybe weakness..BBT maybe got chance Later

Posted by brave82 > 2012-11-16 13:34 | Report Abuse

can perisai stay above of 1.10 today?

Posted by tcleng > 2012-11-16 13:44 | Report Abuse

Yes, it will up more than 1.10.. next week more investors to come in due to report out on 21.11.12.

Posted by aminmanap1 > 2012-11-16 14:12 | Report Abuse

hope so people...fair value/TP is way above the current price. Hence,good for long term investment too.

Posted by bursabulltrader > 2012-11-16 14:33 | Report Abuse

aiyo...y not go below 1.10 before break... gv me chance to load some lol... :-(

Posted by Wong Yi Shen > 2012-11-16 14:35 | Report Abuse

Everyone must be staring into their pc now :) LoL

Posted by minitrader > 2012-11-16 14:36 | Report Abuse

If we look at the latest TP for Perisai today, average TP for the six research houses is 1.425, ranging from 1.20 to 1.60 (29% upside from current price of 1.10). Ya lor aminmanap1, fundamentally it's a good stock with lots of upside. Good for long term holding too. Nevertheless, if one is on contra, no harm taking profit.

Posted by reyes430 > 2012-11-16 14:41 | Report Abuse

what is the fair value of this counter and what approach has been used anyone?

Posted by bursabulltrader > 2012-11-16 14:43 | Report Abuse

come come push below 1.10...
minitrader: i like to be in midle..my target 138/139..can feel the warm touch...hehehehe

Posted by tcleng > 2012-11-16 14:46 | Report Abuse

PERISAI here seems got many supporters and hold until the report out. Good sign to hold on and buy more below 1.10 Before up to 1.20.hehehh

Posted by usry > 2012-11-16 14:48 | Report Abuse

bought at RM1.10 this morning.. it go too fast.. On Wednesday it price only RM1.04.. by the way will keep it for next week. if it can go to RM1.20 it okey for me..

Posted by tcleng > 2012-11-16 14:52 | Report Abuse

it is ok to buy at 1.10 if it really goes up to RM1.20. ALMOST 9% RETURN ALREADY..

Posted by minitrader > 2012-11-16 14:57 | Report Abuse

yeah people...keep fingers crossed

Posted by buybackma > 2012-11-16 15:06 | Report Abuse

sorry Bursabull.. you will missed perisai this time..gd support at 1.10 ma..b4 4.45 pm. the price is in the range of 1.15 - 1.19 ...so buybackma

Posted by bursabulltrader > 2012-11-16 15:14 | Report Abuse

buybackma... no worry... i can buyinma...

Posted by buybackma > 2012-11-16 15:25 | Report Abuse

of course you can ma but I don't think perisai will sink in again at the level quoted by you. Others also not agreed with ur wish ma. Hemmm some more results will be announced nx week so retailers are hungry for this counter 2gether with fd mgrs..these will push pce more for the upside..just my 6c ma..just buybackma..

Posted by tcleng > 2012-11-16 15:25 | Report Abuse

buybackma How come u so sure it will hit 1.15 at least ?

Posted by sheep > 2012-11-16 15:29 | Report Abuse

whatever please hold till 22 Nov

Posted by buybackma > 2012-11-16 15:33 | Report Abuse

Aiyoyooo...roadblock at 1.12 ...just my 6c tcleng ..

Posted by brave82 > 2012-11-16 15:36 | Report Abuse

1.13 already wooo..........

Posted by bursabulltrader > 2012-11-16 15:36 | Report Abuse

buybackma... i already buyin liao @ 1.11 when they sapu.. so no worry.. my quote 1.06/1.07 is for today and tmr..i m flexible to chg my plan... hehehehe

Posted by buybackma > 2012-11-16 15:37 | Report Abuse

Fuyyohh finished in just a few seconds after my comments..fullawei..

Posted by minitrader > 2012-11-16 15:37 | Report Abuse

cheers people...

Posted by 390465 > 2012-11-16 15:37 | Report Abuse

1.13 alreadi!!

Posted by buybackma > 2012-11-16 15:40 | Report Abuse

fr previous record 90 - 92c perisai moved in the interval of 8 - 10c . Hopefully this time in the interval of 13 - 15c ..

Posted by minitrader > 2012-11-16 15:40 | Report Abuse

RSI - 69. Avg price - 1.1059. Buying rate back to 68%...looks steady...

Posted by tcleng > 2012-11-16 15:44 | Report Abuse

GOOD TO SEE...PERISAI in uptrend

Posted by minitrader > 2012-11-16 15:48 | Report Abuse

ya lor...happy for all

Posted by usry > 2012-11-16 15:51 | Report Abuse

thanks god.. i not missed the boat..
thanks 4 all who participate and up date the info in this forum..

Posted by cwkhor > 2012-11-16 15:56 | Report Abuse

buybackma, i thought you have RM5 million to clear the selling queue to RM1.15. :-)