Posted by stoic_trader > 2018-09-14 18:36 | Report Abuse

don't buy this counter until the management successfully stear it out of pn17. let they sort their shit first. there are plenty better stocks in the market. for now, just let perisai like that..

Posted by Azman Hashim > 2018-09-14 19:17 | Report Abuse

I buy this stock sudah lama. Before pn17

Posted by freddiehero > 2018-09-14 21:03 | Report Abuse

wah lau.. u r true hero

Posted by EngineeringProfit > 2018-09-14 21:21 | Report Abuse

wah.....you wish the price to go up over 1000%.....

interesting.....

(my two cents......isn't it much easier and doable to earn 20-30%......swinging here and there......


......when ompounded.......may be around 30 times.......may take a year....to recover that targeted money.....


no?)

Posted by DoomStock > 2018-09-14 21:54 | Report Abuse

In general, PN17 companies normally have some financial difficulties. As such, investors get quite worried when some of the shares they hold are for PN17 companies. They usually face a dilemma of whether to cut losses or hope for a rebound for such shares.

Posted by DoomStock > 2018-09-14 22:10 | Report Abuse

It is said of the stock market that “what goes up will come down, but what goes down may not go up”.

Rational investors admit their mistakes, cut theirs losses they have to bear.

Unfortunately, most investors believe that the stock prices will recover one day. They will only cut losses when the companies are about to be delisted!

Posted by DoomStock > 2018-09-14 22:28 | Report Abuse

Now the Singapore-listed Ezra Holdings Ltd, which holds a 22.5% stake in Perisai, voluntarily filed for bankruptcy in the United States (US) under Chapter 11 of the US Bankruptcy Code. On 2nd March 2018, the US Bankruptcy has approved their application.

With Ezra going bust, the emphasis is now on Perisai as its associate company in the midst of financial distress, it is important to have strong backing from its stakeholders. But Ezra’s bankruptcy could deliver a damning effect on Perisai as the latter struggles to return to the black.

Posted by DoomStock > 2018-09-14 22:33 | Report Abuse

During oil crisis, companies with good planning manage to avoid the adverse impact from the crisis whereas some companies just cannot escape from the financial difficulties.

Lately, we notice that the owners of some companies are getting less committed to their businesses.

They give up their businesses quite easily after encountering some financial distress. If they discover that the loans amount is higher than the value of their assets and they do not foresee any prospects in their current businesses, they give up the businesses and let the companies fall into PN17 and later go bankrupt.

Posted by DoomStock > 2018-09-14 22:37 | Report Abuse

According to the Cockroach Theory, whenever a company announces some bad news to the public, like default in loans repayments, some accounting issues or delay in releasing their financial results, there may be more bad news that have yet to be revealed.

This is because whenever we see one cockroach in our cabinet, there tends to be many more cockroaches hiding at the back of that cabinet.

Posted by DoomStock > 2018-09-14 22:40 | Report Abuse

Even though some companies will try their best to regularise their businesses, unfortunately, not all their owners have the commitment to pull these companies out from PN17.

Hence, we should cut our losses and never average down our purchase prices on these companies!

Even if we are very excited about these companies, we should wait until they successfully revive their businesses and are no longer considered PN17 companies.

Posted by AlphaJuliet1708 > 2018-09-18 19:30 | Report Abuse

This stock made me choose not to buy other oil-related stocks. Sorry HIBISCUS and SAPNRG.

Posted by freddiehero > 2018-09-18 20:53 | Report Abuse

me too.. im in daya

Posted by yingkang87 > 2018-09-25 11:49 | Report Abuse

Why no trading today??

Posted by ronaldolow5479 > 2018-09-25 14:15 | Report Abuse

I am wonder too

Posted by HuatlaiOnglai > 2018-09-25 16:08 | Report Abuse

Cuti cuti perisai today

Posted by adi85 > 2018-09-26 02:29 | Report Abuse

wow esok..

Posted by ronaldolow5479 > 2018-09-26 13:53 | Report Abuse

adi85 any good news

Posted by ronaldolow5479 > 2018-09-27 18:08 | Report Abuse

announcement again

Posted by HuatlaiOnglai > 2018-09-28 13:12 | Report Abuse

Shoot up by 33% today. About time! Shareholder already accepted the restructuring plan. Hence, the road to move out from PN17 looks very certain.

Posted by ronaldolow5479 > 2018-09-28 13:16 | Report Abuse

Later got good news?

Posted by HuatlaiOnglai > 2018-09-28 13:23 | Report Abuse

No news.

Posted by stoic_trader > 2018-09-28 15:17 | Report Abuse

lol. it is ok to hope. pray harder. haha

Posted by juzaguy > 2018-10-01 18:32 | Report Abuse

OTHERS Perisai Petroleum Teknologi Bhd ("Perisai" or "the Company") - Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
PERISAI PETROLEUM TEKNOLOGI BHD

The Board of Directors of the Company wishes to announce that the Company intends to seek shareholders' approval for the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature at the forthcoming Fifteenth Annual General Meeting ("15th AGM").

The Circular to Shareholders setting out the details of the above proposal will be despatched to the Shareholders in due course.

This announcement is dated 1 October 2018.


How the above will impact share price?

Posted by AlphaJuliet1708 > 2018-10-01 18:34 | Report Abuse

You see, both PERISAI and SUMATEC are at the same price currently. Both of them have PN17 status. What if they merge together?

Posted by ronaldolow5479 > 2018-10-01 19:19 | Report Abuse

Hope they merge

Posted by scwmike8 > 2018-10-02 14:31 | Report Abuse

Who is this sohai?

Posted by cashflow > 2018-10-09 14:50 | Report Abuse

Perisai resurfacing from its low. Go Go!

Posted by ronaldolow5479 > 2018-10-09 14:57 | Report Abuse

wow

Posted by Rambang Hartanah > 2018-10-13 06:18 | Report Abuse

Any hope?

Posted by ronaldolow5479 > 2018-10-15 11:26 | Report Abuse

Finally...

Posted by cashflow > 2018-10-18 11:27 | Report Abuse

Perisai coming up, big bucks locked position at 3 cents. Expect rally in the near term

Posted by cashflow > 2018-10-18 12:09 | Report Abuse

Perisai no high walls, quick spike after quarter report. Keep it up

Posted by cashflow > 2018-10-18 13:41 | Report Abuse

Jackma, it did rebound right few months ago. The uptrend is coming. Patience

Posted by Shines > 2018-10-24 04:16 | Report Abuse

Still got followers here, why still no news on PN17 uplift?

Posted by ronaldolow5479 > 2018-10-24 06:59 | Report Abuse

Patience

Posted by Jaden > 2018-10-25 13:15 | Report Abuse

PN17 no lift up 1 la... janji price up.. hehe

Posted by cashflow > 2018-10-29 15:04 | Report Abuse

I am still optimistic that Perisai will be given a scope under Petronas to commit on local development.

Posted by ronaldolow5479 > 2018-10-29 16:20 | Report Abuse

I am still optimistic that it will back to 1.70

Posted by TrippleZ > 2018-10-29 16:45 | Report Abuse

Yes. Shares consolidation a few times will help it goes to 1.70

Posted by stoic_trader > 2018-11-01 10:47 | Report Abuse

dead counter

Posted by DoomStock > 2018-11-02 10:09 | Report Abuse

Dooommmm stock!

Posted by kong73 > 2018-11-02 10:10 | Report Abuse

hahah capital destruction counter. Perisai just declare bankrupt lee..buat menyemak ajer

Posted by Shines > 2018-11-09 06:14 | Report Abuse

Nampak minyak semakin turun, habis la Berisai

Posted by TheMiddle > 2018-11-14 22:09 | Report Abuse

Perisai is not directly related to crude oil price, but O&G contract.

Posted by orlenz > 2018-11-19 12:07 | Report Abuse

Perisai bukan ada oil rig ke?

Posted by Azman Hashim > 2018-11-21 14:19 | Report Abuse

Perisai service dan tolong esso, petronas

Posted by Azman Hashim > 2018-11-21 14:20 | Report Abuse

Perisai service dan tolong esso, petronas

Posted by 10215485114468081 > 2018-11-21 23:59 | Report Abuse

Coming bad report c how low still can down or bankrupt soon than tutup pintu

Posted by pea3034 > 2018-11-22 17:47 | Report Abuse

ad repot2222 lembaga pengarah tidurke dan makan gaji buta ke

Posted by pea3034 > 2018-11-28 21:36 | Report Abuse

bila quqter result come out