MrRoy, relax. Just buy and invest. You will not go wrong. If you missed the boat , then there are still many cheap og stocks that you can invest. No worry. Most of the ppl in the i3 forum are very helpful and informative.
you all really crazy. investing in Perisai. company in PN17, loss 1b and also confirmed loss in 2016. Still maintained under value until mid of this year or next year. Better change to other counter like daya, dayang or sumatec. sumatec much interesting as good 3 years track record, undervalue (discounted) and uptrend movement. Read the report instead reading the rumor.
Perisai, most likely will be out of PN 17. Sumatec was PN 17 b4, now they are out . Similarly for Perisai after doing some restructuring . With the settlement of USD 43 m from EOL, Perisai should have no problem at all. Today, I see strong support at 8.5s, with potential to break away 10s very soon.
Need to clear those contra players bought in last week first before the proce can further go up. In the meantime, 0.08 is the the strong support level.
Energy Prices Rise More Than Other Commodities In 2016 Supported by higher U.S. gasoline consumption, record U.S. gasoline exports, and an increase in oil prices at the end of 2016, energy commodity prices rose more than any other major commodity group last year, the U.S. Energy Information Administration (EIA) said on Tuesday.
The spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) increased by 48 percent in 2016, the EIA said, comparing the spot energy index rise with the spot S&P GSCI industrial metals index growth of 22 percent, the precious metals index which saw an increase of 8 percent, and the agriculture index that posted a 5-percent growth.
West Texas Intermediate (WTI) and Brent account for 69 percent of the weighting in the S&P GSCI energy index, and as such the index usually trends the crude price movements.
Following the 13-year-lows of January and February, prices had been stable in the US$40-50 range since May. The highest prices were recorded in December when OPEC and non-OPEC producers announced the deal to reduce oil supply starting on 1 January.
Crude prices were also supported by improved economic growth in both mature and emerging markets, the EIA said.
Petroleum-based products, for their part, account for 26 percent of the S&P GSCI energy index weighting. The rise in U.S. gasoline consumption and “record high U.S. gasoline exports helped to draw down gasoline inventories and to provide some price support in the last few months of 2016”, according to the EIA.
The 125 m is just part of Perisai’s Sgd 700mil multi-currency medium-term notes programme. This company won't make it.the next redemption should be soon.
Sorry Mr Roy. Check my history where i post my comment no stalk who ? Really shameless not even a shareholder jus everyday cry father cry mother here cursing stock or other member here. Shame on you
Not only bond redemptions issue, Perisai has other debt - worth around MYR791m (USD260m) at end-June 2016 - with major Singaporean and Malaysian banks likely to be among the main creditors
Yes, Perisai still has 9 more months. No problem at all. Perisai will certainly be out of PN 17. They already settled the issue of USD 43 m with EOL. Futhermore, oil market is BULLISH. A white knight will buy up those debts and bonds. Perisai otw to 25s, with ease with a very small share base only 1.2 b.
Traders said that WTI had been lifted by a report by the American Petroleum Institute (API) stating that U.S. crude inventories fell 7.4 million barrels in the week ended Dec. 30 to 482.7 million, compared with analyst expectations for a decrease of 2.2 million barrels. "We expect Asia to trade on the positive-side today, supported by the API number," said Jeffrey Halley, senior market analyst at OANDA brokerage in Singapore. Prices were also lifted by U.S. car and truck sales, which were up 3.1 percent in December from the same month last year, and hit a record 17.55 million overall in 2016. PLAY VIDEO More gas is left in oil’s tank: Technical analyst A fall in the dollar away from a 14-year peak hit earlier this week also supported Brent futures, traders said, as a cheaper greenback makes dollar-traded fuel purchases cheaper for countries using other currencies at home. Swings in the dollar also impact crude as financial speculators weigh the differing profit potentials of foreign exchange and commodity futures.
Perisai is restructuring, going back to their core business ie drilling and oil exploration.
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Posted by DarkNight > 2017-01-03 20:49 | Report Abuse
Monitor this shares since its at 0.45, So regret not buy some!!!!