Posted by GM68 > 2017-07-03 15:23 | Report Abuse

if you have Perisai share, don't sell, hold..as much as you can, operator will try to scare you by pushing teh share down so they can collect cheape, this is same mentality experience in other stock every day..

Posted by GM68 > 2017-07-03 15:59 | Report Abuse

oil price now 49.15 USD.. going good..

Posted by monsieurFG > 2017-07-03 16:32 | Report Abuse

OGA 2017 KLCC commencing next week but our drilling rigs local players (PERISAI & UMWOG) are not in exhibition list. Hmmm.

Posted by GM68 > 2017-07-03 16:39 | Report Abuse

Cost Saving perhaps !! smart ..

Posted by GM68 > 2017-07-03 17:10 | Report Abuse

as usual, last minute shar drop, only 300 share can bring the share done by 6%, so shame..

Posted by GM68 > 2017-07-03 17:11 | Report Abuse

manupulation here,, stay away..

Posted by GM68 > 2017-07-03 17:11 | Report Abuse

tomorrow, investor will jump in..look like

Posted by Betta68 > 2017-07-04 08:24 | Report Abuse

Perisai will open higher today, as oil price keep going up, now 49.62 usd, perisai may close at 0.065

Posted by GM68 > 2017-07-04 09:36 | Report Abuse

why the share still at 0.05 !!! very strange, it should go up any time now. oil market is good..

Posted by GM68 > 2017-07-04 11:10 | Report Abuse

trying to top up, teh system wont let me in,, what is going on here, Where are the investors,, sleepy?

Posted by GM68 > 2017-07-04 11:14 | Report Abuse

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

PERISAI PETROLEUM TEKNOLOGI BHD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description PERISAI PETROLEUM TEKNOLOGI BHD ('PERISAI" OR "THE COMPANY")
-MONTHLY ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING
REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Reference is made to our announcements of 12 October 2016, 3 January 2017, 8 February 2017, 24 February 2017, 1 March 2017, 3 April 2017, 2 May 2017 and 1 June 2017 made by the Company in relation to the Company being classified as a PN17 affected listed issuer and the announcements of 1 November 2016 and 1 December 2016 pursuant to the requirements under PN17 (“Announcements”). Unless defined herein, all italicised and capitalised terms used here shall bear the same meaning as ascribed to the same in the Announcements.

Pursuant to Paragraph 4.1(b) of PN17, the Board of Directors of the Company wishes to inform that the Company is in the midst of formulating a Regularisation Plan which will not result in a significant change in the business direction or policy of the Company.

The Company has approximately three months to submit its Regularisation Plan to the relevant authorities for approval. The Company will make the necessary announcement(s) on the Regularisation Plan in accordance with the requirements under the PN17.

This announcement serves as the announcement required under Paragraph 4.1(b) of PN17 and the Monthly Announcement required under 4.1(c) of PN17.

This announcement is dated 3 July 2017.

Posted by GM68 > 2017-07-04 11:15 | Report Abuse

oil still above 49 USD..

Posted by GM68 > 2017-07-04 11:16 | Report Abuse

Perisai secure a new contract from petronans for 47 milion USD.

Posted by pea3034 > 2017-07-04 11:17 | Report Abuse

hahaah sorry tukang telek2 perasai macam ini sja walau oii price go up sebab i masih under Pn17

Posted by GM68 > 2017-07-04 13:26 | Report Abuse

Petronas has awarded a 47 milion USD contract to Perisai for its Drilling uinit Periasi 101.

Posted by GM68 > 2017-07-04 13:27 | Report Abuse

keep saying this till operators wake up...

Posted by GM68 > 2017-07-04 17:04 | Report Abuse

Petronas has awarded a 47 milion USD contract to Perisai for its Drilling uinit Periasi 101

Posted by GM68 > 2017-07-04 17:05 | Report Abuse

fun lah..

Posted by Betta68 > 2017-07-04 21:53 | Report Abuse

What was the value of Perisai new contract? Was it 47 milion usd or RM? Usd lah,,,

Posted by Bullhunter > 2017-07-06 11:09 | Report Abuse

AS LONG AS IT IS NOT OUT OF PN17, PRICE WILL NOT MOVE UP..

Posted by GM68 > 2017-07-06 11:57 | Report Abuse

Perisai still have 3 month to get out from PN17, still maintainin is core business means he already know how to get out, in August this year two of his new drilling jack up Perisai 102 & 103 will be ready to be deployed, this is a major income generator for Perisai, also his lawsuit with EZRA shareholder may be settle by then.. future is bright, keep on guys..all the best with your investment. Perisai is and will alwayse be supported by Petronas.. as you can see he just booked a new contract worth 47 milion USD from Petronas..more to come..

Posted by GM68 > 2017-07-06 12:00 | Report Abuse

Perisai new contract from Petronas for Perisai 101 drilling MODU is equal to 200 milion malaysian ringgit.

Posted by GM68 > 2017-07-06 14:53 | Report Abuse

not many will sell perisai share at 0.05, if you want to buy today you need to increas to 0.055 or above..

Posted by GM68 > 2017-07-06 14:53 | Report Abuse

buy before too late..

Posted by Fortune888 > 2017-07-06 15:43 | Report Abuse

Someone is pushing down the price.guess to prevent price move up b4 got big cash in hand .

Posted by Fortune888 > 2017-07-06 15:55 | Report Abuse

They waiting for cash to sapu all from lowest price

Posted by Fortune888 > 2017-07-06 16:13 | Report Abuse

Perisai pacific 102 and 103 will be awarded contract from petronas carigali soon.There is a valid reason for such a low price after good announcement(USD 47M).Soon EPF, Tabung Haji will buy to cover previous lost.
Previously more than 50 sen. Now only 5 sen. Guys think about it. Oil and Gas . SIT down and Gas(guess).Oil price wont stay low forever. The war will end soon. Shale ,opec and non-opec all need money. Soon they will exhausted .

Posted by Fortune888 > 2017-07-06 16:20 | Report Abuse

Petronas cant depend on UMWOG solely. The presence of Perisai is equally important . The 2 important local oil rig players in Malaysia.

Posted by Fortune888 > 2017-07-06 16:25 | Report Abuse

Once PN17 removed. The price is easily up to 20 sen and above.But at that time all the discounted price will be wiped off by the director, epf and tabung haji.Then only the people will slowly buy in after the price rise and big announcement.

Posted by Fortune888 > 2017-07-06 16:38 | Report Abuse

I guess the operator keep buying and selling at price of 5 sen.

Posted by GM68 > 2017-07-07 09:16 | Report Abuse

@Fortune888 , I fully agree with you, I am holding till 0.20 c.. we may win some but they will loos alot if they keep the share forever low..

Posted by GM68 > 2017-07-07 10:39 | Report Abuse

so someone is watching our blog and trying to scare, finaly he will be scare himself,, top up already.

Posted by GM68 > 2017-07-07 10:39 | Report Abuse

panic sell..

Posted by GM68 > 2017-07-07 10:40 | Report Abuse

at this low 0.045 enough to buy all outstanding share and become major share holder..hahah

Posted by Fortune888 > 2017-07-07 10:58 | Report Abuse

Stay calm GM68. the operator want the share price to increase too. But not the time yet.

Posted by GM68 > 2017-07-07 11:11 | Report Abuse

soone the operator will not have sufficient share to buy, will be bough by other, he must act fast or too late even for TH.

Posted by Fortune888 > 2017-07-07 12:44 | Report Abuse

Crude price still below USD50.May b tats the reason they dun buy now

Posted by Fortune888 > 2017-07-07 12:48 | Report Abuse

Shale just started to reduce output.opec & non opec(russia) already cut output. Soon the global glut will be balanced .

Posted by Fortune888 > 2017-07-07 15:16 | Report Abuse

Operator just pushed down the price again.

Posted by GM68 > 2017-07-07 15:17 | Report Abuse

The oil trader market manipulator will not stop until OPEC intervene again and deeper the production cut by another 800000 barrels. this may happen very soon, when needed. War in Libya may restart again, there is a build up in North Mali to kick out the Tawarek militia and these militia will be driven further north to Libia and in Libia there is this general called himself Haftar (ex-Gaddafi) is planning to take over Tripoli Government which is backed by UN and EU. if this happen, he will target the oil export terminal pipe line, again, stopping 1milion barrels of production a day,, oil price will jump by 3 to 4 dollars in less than 3 days.. the above is a scenario, we do not wish to happen but it is possible.

Another scenario, it look like Trump in a way or another is helping the Russian. All his decision lead to more benefit to Russia. I have nothing against both of them, but he recently announce that he will drop down the strategic oil storage in the US to half, this mean 300 million barrels to be sold in 2 to 3 years time to cover his economic plan cost. No one dare to touch this strategic oil storage before because it used for natural disaster which happen more frequently every year in the US shutting down oil production in the Gulf of Mexico and elsewhere, for weeks every year,, imagine this happening and there is not enough oil on the market?? He Hurricane season is coming.. The Russian strategic storage is even now 3 times more than US.

Think about North Korea scenario of potential treat which will lead all country to start buying oil for storage just in case..

Posted by GM68 > 2017-07-07 15:38 | Report Abuse

something bruwing in Qatar too,, big sanction is in the preperation that may not find positive reaction from US..and GCC.. big conflic is comming ..oil is in the center of it..

Posted by Fortune888 > 2017-07-07 16:15 | Report Abuse

Already fighting for nearly 3 years in oil market . Its time to stop ed.

Posted by Fortune888 > 2017-07-07 17:01 | Report Abuse

Hope perisai can come out from PN17.

Posted by masterus > 2017-07-09 22:55 | Report Abuse

Oil Prices Could Rise by 35% Later This Year
A prescient analyst at Citigroup thinks oil, recently at $44 a barrel, could head to $60 as demand increases.

By GENE EPSTEIN
July 8, 2017 1:15 a.m. ET
The price of crude oil could touch $60 a barrel before the end of this year, as demand exceeds supply. That forecast would have been aggressively bearish as recently as three years ago, but with West Texas Intermediate trading last week at $44, $60 would mean a price jump of 35%.

Citigroup senior energy analyst Eric Lee, featured in Barron’s as anticipating the bear market when the price was over $100, has become a short-term oil bull at current levels. In his view, traders have had difficulty interpreting the effect on...

Posted by GM68 > 2017-07-10 10:06 | Report Abuse

Oil Rebounds from Biggest Slump in Four Weeks on Stockpile Drop

Published in Oil Industry News on Friday, 7 July 2017

Graphic for News Item: Oil Rebounds from Biggest Slump in Four Weeks on Stockpile Drop

Oil rebounded from the biggest daily loss in four weeks as industry data showed U.S. crude and gasoline stockpiles declined.

Futures climbed as much as 1.7% in New York, paring Wednesday’s 4.1% loss. Crude and gasoline inventories both dropped by more than by 5.5 MMbbl last week, the American Petroleum Institute was said to report. Government data Thursday is also forecast to show supplies fell.

Oil remains in a bear market amid concerns that rising supply from Libya to the U.S. will counter production cuts from the Organization of Petroleum Exporting Countries and its partners including Russia. American crude stockpiles are more than 100 MMbbl above the five-year average.


“The bullish news is the weekly oil stocks data from the API,” said Michael Poulsen, an analyst at Global Risk Management Ltd. “Now the weekly oil inventory report from the EIA will be followed closely for confirmation or deviation.”

West Texas Intermediate for August delivery advanced as much as 77 cents to $45.90/bbl on the New York Mercantile Exchange, and was at $45.70 as of 10:40 a.m. London time. Total volume traded was about 21% above the 100-day average. The contract lost $1.94 to close at $45.13 on Wednesday, snapping the longest run of gains this year.

Brent for September settlement climbed as much as 78 cents, or 1.6%, to $48.57/bbl on the London-based ICE Futures Europe exchange, after dropping 3.7% on Wednesday. The global benchmark crude traded at a premium of $2.44 to September WTI.


U.S. crude stockpiles dropped by 5.8 MMbbl last week, the API said, according to people familiar with the data. An Energy Information Administration report Thursday is forecast to show inventories shrank by 2 MMbbl, according to a Bloomberg survey.

Source: www.worldoil.com

Posted by GM68 > 2017-07-10 11:05 | Report Abuse

about 6 milion share posted to be bough at 0.045, however no one want to sell at thsi price..operator challenge..haha..

Posted by GM68 > 2017-07-10 11:39 | Report Abuse

https://www.wsj.com/articles/opec-considers-production-caps-for-libya-nigeria-1499427030

Posted by Fortune888 > 2017-07-10 12:39 | Report Abuse

Another 1 months plus to 31 august .wonder perisai got money to pay for PP102 and PP103 ?

Posted by Fortune888 > 2017-07-10 12:40 | Report Abuse

Another 1 months plus to 31 august .wonder perisai got money to pay for PP102 and PP103 ?

Posted by Fortune888 > 2017-07-10 12:40 | Report Abuse

Approximately RM1 billion if not mistaken.