Posted by GM68 > 2017-04-14 09:15 | Report Abuse

@kobe24, i can't say excactly but good enough for me.

Posted by GM68 > 2017-04-14 14:32 | Report Abuse

Oil price today is a public holiday, the brent is at 55.89 USD/bbls i guess Monday will rise above 56 USD and may reach 57 USD if teh tension between USA and North Korea continue rising.. Perisai share may go up..

Posted by masterus > 2017-04-14 18:45 | Report Abuse

Psiptek rose to 0.20 in closing. Soon may go up to 0.30.

Posted by Betta68 > 2017-04-17 22:46 | Report Abuse

Good news.. finaly....

Posted by Betta68 > 2017-04-17 22:48 | Report Abuse

I am refering to Perisai, today annoucement means a solide regulation plan and potantial redeployment of Perisai Kamilia FPSO.

Posted by ravz > 2017-04-18 02:37 | Report Abuse

I don't understand about the regulations plan.please explain

Posted by jay_cwk88 > 2017-04-18 07:41 | Report Abuse

Today will fly.

Posted by GM68 > 2017-04-18 09:26 | Report Abuse

Waw, good news Perisai will fly, once open.

Posted by mamatede > 2017-04-18 09:27 | Report Abuse

no more flying, this is a pn17 counter

Posted by ravz > 2017-04-18 09:44 | Report Abuse

no flying also

Posted by Betta68 > 2017-04-18 12:47 | Report Abuse

Need some time a day or two!

Posted by Betta68 > 2017-04-18 13:11 | Report Abuse

The new announcement regarding to decommissioning of FPSO kamelia, and the contract work for Alam Shipyard, means that there might be a new project assigned to this FPSO,

Posted by Betta68 > 2017-04-18 19:03 | Report Abuse

Perisai may show uptrend tomorrow..

Posted by ravz > 2017-04-18 19:50 | Report Abuse

What the news Tom

Posted by ORGS2013 > 2017-04-18 22:07 | Report Abuse

http://www.thesundaily.my/news/2017/04/18/perisai-petroleum-unit-inks-deal-demobilise-vessel-rm24-million

Posted by GM68 > 2017-04-19 09:19 | Report Abuse

this means that the FPSO will be dployed for another 6 to 7 years,,of oil production, very good.

Posted by cancer > 2017-04-19 13:21 | Report Abuse

Nothing will change the PN17 , except whom you owe money --creditors .
Word in the street is NOT FAVOURABLE .
They are fed up !
I think you know what that means

Posted by pea3034 > 2017-04-19 16:37 | Report Abuse

let.s perisai comeout from P17. selagi dia masih dlm P17 apa pun terjadi i tetap harga tak naik

Posted by pea3034 > 2017-04-19 16:38 | Report Abuse

just we pray comeout from P17

Posted by Betta68 > 2017-04-19 21:51 | Report Abuse

Perisai and Hibiscus and Petronas shoul work together supportivally..

Posted by Bratt > 2017-04-20 16:24 | Report Abuse

Perisai continues to sell assets to par down debts. But NTA will not clear the mountain of debts which are piling up every month. The restructuring plan for Perisai is to turn itself into a mini player of O&G, and still have to pay off its debts in 3 years. Target price Perisai RM0.035

Posted by King Kong73 > 2017-04-20 20:53 | Report Abuse

Perisai kaput

Posted by Betta68 > 2017-04-20 23:04 | Report Abuse

Perisai asset value is 2 bilion ringgit, his debts can be easaly returned from Kamilia FPSO, that generate 17 milion ringgit per qr..

Posted by Betta68 > 2017-04-20 23:05 | Report Abuse

Perisai, have 3 new oil rigs, sooner or later they will be deployed...

Posted by Betta68 > 2017-04-21 10:46 | Report Abuse

Good news coming soon, buy befor too late..trade at your own risk..

Posted by Bratt > 2017-04-21 11:50 | Report Abuse

After applying 15% discount on the adjusted net realisable value (discount is due to soft market), the realisable resale value of the net assets value is at 56 sen per share. Given the company has to serve interest on debts at annual rate of average 5.8%, NAV per share will be 50 sen by end June, and 35 sen by end August.

Posted by cancer > 2017-04-21 12:46 | Report Abuse

The issue of PN17 will never go away unless the Bondholders agree . And I think this is where most of the disagreements is .
I also know some wants this company to go down --- and that's really their objective ! Some may ask why ? If these people are not getting anything but just empty promises of say 5 to 10 years , most people will want the issue settled ( and if the fastest way is bankcruptcy , so be it and that even will take a few years )
Maybe Along these LINES -----------------
On the other hand I am hearing quite some agreements that they might support ----- no repayment of principal ( say similar 5 to 10 years ) but interest continue in UPWARD penalty clause over this period , and still similar clause of Bankcruptcy if dividends are not paid per half yearly .
Would this be an option ---------- as the company also do not have FUNDS in the next FORESEEABLE future to REPAY debts !
This means the company is only obligated to pay Dividends on a yearly basis !!
Just wondering why most of the O&G companies never though of this !

Posted by Bratt > 2017-04-21 14:32 | Report Abuse

Yes 'Cancer', you are correct to say Perisai has problems talking to their Creditors. They have been talking for 22 months. Talk left and right, until today Perisai finally gone into PN17. Worst still now their major shareholder (Ezra) is bankrupt so the legal tussle for Perisai's assets has become more complicated. The intended sale of any asset will need at least signatures of 30 major creditors (all these Creditors cannot agree with each other).

Posted by cancer > 2017-04-21 17:01 | Report Abuse

I know these solutions work . I was around in Indonesia during their last CRISES ( that Year 1998 where Suharto went down ) , and had dealings with conglomerate companies and Banks .
And this is the same RESTRUCTURING done with a lot of their big conglomerate Banks .
The above is just meant for Bondholders ------- they wont lose much except the immediate CASHFLOW since they still get Dividends on half yearly basis , and yes with increment every year or 2 years .
Similarly this was also applied in Indonesia amongst companies and their Bankers -------- repayment of interests only ( no deductions ) until such and such a time .

Posted by Bratt > 2017-04-26 16:14 | Report Abuse

More bad news. Oil price to go further south. http://marketrealist.com/2017/03/could-crude-oil-prices-fall-to-40-in-april-2017/

Posted by carilembu > 2017-04-27 11:49 | Report Abuse

so many losers trapped in this stock

Posted by GM68 > 2017-04-28 11:17 | Report Abuse

oil is stable move between 50 and 52 USD..

Posted by ORGS2013 > 2017-04-28 16:54 | Report Abuse

Yeahhh perisai is goreng may... Standby

Posted by King Kong73 > 2017-05-02 13:15 | Report Abuse

Forget perisai..bail out fellas

Posted by orange > 2017-05-02 17:12 | Report Abuse

sold all dtrop dead counter.

Posted by Bratt > 2017-05-03 11:51 | Report Abuse

NAV per share is only RM0.35 ...... RM0.60 is too much over the sensible value, given this is PN17 company. Response from Bursa on the PN17 only coming in September 2017.

Posted by Jong Han Chen > 2017-05-05 18:25 | Report Abuse

Further to the Company's announcements dated 12 January 2017, 16 January 2017 and 17 April 2017 respectively in respect of the Restraining Order and AD Interim Order, the Board of Directors of Perisai wishes to announce that the Company has obtained the Restraining Order for (3) three months from 5 May 2017 restraining all proceedings and actions brought against the Company and Perisai Capital (L) Inc. ("the Order").

The Order will not have any material effect on the earnings and net assets of Perisai Group for the financial year ending 30 June 2017.

The Restraining Order is to facilitate the Company's plan to regularise its financial condition through a proposed scheme of arrangement. The details of the proposed scheme of arrangement which will be issued to the Scheme Creditors, will be announced in due course.

Posted by riko > 2017-05-08 11:45 | Report Abuse

big goreng now.

Posted by JoshuaMS7 > 2017-05-08 11:49 | Report Abuse

what happen?? it seems up unexpectedly :)

Posted by Darren Lim > 2017-05-08 12:00 | Report Abuse

what happen? any good new?

Posted by ahquan > 2017-05-08 12:01 | Report Abuse

ezra bankrupt ...perisai any time delisting ...

Posted by sheep > 2017-05-08 12:05 | Report Abuse

pump and dump?

Posted by adi85 > 2017-05-08 12:15 | Report Abuse

buyyyyy!!

Posted by ahquan > 2017-05-08 12:31 | Report Abuse

ezra no money repayment maturity 1billions bond,delisting in SGX ...perisai also bye bye soon...

Posted by ahquan > 2017-05-08 13:21 | Report Abuse

JackMa123 you do ecommerce very well better you expanse related business ,don't invest you dun know sector... touch oil later you burn become charcoal...

Posted by GM68 > 2017-05-08 15:19 | Report Abuse

I said it before Ezra bankrupty is a good news for Perisai.. Also FPSO Kamelia now will undergo a sewage treatment refurbishment and decommisioning at Alam shipyard, to me it means that it will get a new contract soon..

Posted by GM68 > 2017-05-08 15:21 | Report Abuse

somebody is buying Ezra share from perisai i guess. Now EMAS, Perisai and Petronas may work together to redeploy Kamelia FPSO for anotehr 3 years.. this is my guess, trade on your own risk..study the company..and make your decision.

Posted by GM68 > 2017-05-08 15:22 | Report Abuse

Perisai should make some announcement ..

Posted by JoshuaMS7 > 2017-05-09 11:30 | Report Abuse

run first, buy back 0.060 / 0.065

Posted by Bullhunter > 2017-05-10 15:50 | Report Abuse

perisai still lao sai until no tomorrow.. no anti-diarrhea pills can help