Posted by Chongen Teng > 2019-11-28 09:05 | Report Abuse

@happyflow8888 you are not alone who had been waiting for perisai come back during this 5 year.

Posted by Chongen Teng > 2019-11-28 09:06 | Report Abuse

At the end the result is good all will be worth for hold this share for these few year.

Posted by more_n_more > 2019-11-28 09:19 | Report Abuse

5 years will become 500% ????

Posted by fastranger > 2019-11-28 09:30 | Report Abuse

If relist.. i can confirm first day will have 100%...

Posted by youarewelcome88 > 2019-11-28 10:36 | Report Abuse

According to a little bird... the Management are not prepared to confidently state when Perisai will be relisted... Very cautious Management. AGM is still on...

Posted by youarewelcome88 > 2019-11-28 10:51 | Report Abuse

Things don't look encouraging as the Management have repeatedly stated that the final say in re-listing lies with Bursa. 2 conditions have been given for Perisai to comply.

Posted by youarewelcome88 > 2019-11-28 10:52 | Report Abuse

Meeting over... Let's wait for the press release to know more

Posted by youarewelcome88 > 2019-11-28 10:57 | Report Abuse

Anti-climax indeed. Cannot celebrate yet...

Posted by fastranger > 2019-11-28 11:13 | Report Abuse

I heard meeting still going on..

Posted by Happyflow8888 > 2019-11-28 12:58 | Report Abuse

Very silent why?? bad news ah?

Posted by fastranger > 2019-11-28 13:07 | Report Abuse

Yeah it seems.. i nvr get any good news.. seems submission will be there... But oil price nvr recovered compared to first submission... And unable to get some high value petronas jobs.. will be the major drawback.. any one got news on RRPT?

Posted by scwmike8 > 2019-11-28 14:37 | Report Abuse

this is the problem with counting the chicks b4 the eggs are hatched....For all u know, u may be left with all rotten eggs....and shitting bricks in ur baggy pants...

Posted by scwmike8 > 2019-11-28 14:39 | Report Abuse

No new contracts/jobs = no prospects=no profits....as such, just write the damn thing off...period.

Posted by fastranger > 2019-11-28 14:46 | Report Abuse

yes boss... thanks for your free advise..

Posted by youarewelcome88 > 2019-11-28 15:49 | Report Abuse

From what I gather & the reason why the Management were cautious in their replies... is centred on Perisai Kamelia, Perisai's key asset. As we all know P Kamelia is currently detained and not in operation though the Management is currently working to uplift the detention. This is the only condition I believe Perisai is not able to fulfil. As a result Perisai's listing status hinges on Bursa's kind consideration.

Implications to arise if Perisai is de-listed as a result of P Kamelia issue. .. Corporate restructuring exercise will collapsed & RM1.2 billion debts will never be recovered.

Yes, I am still confident Perisai will not be de-listed. Just encountering challenges along the way.

Posted by Happyflow8888 > 2019-11-28 16:11 | Report Abuse

Still how many years to wait Perisai to be re-listed?

Posted by CITADEL > 2019-11-28 16:12 | Report Abuse

20 years later, u can pass this to your children

Posted by youarewelcome88 > 2019-11-28 16:21 | Report Abuse

@Happyflow8888... We wait till Dec 31 to see the response from Bursa.

Posted by Happyflow8888 > 2019-11-28 16:26 | Report Abuse

Thanks yourewelcome88.

Posted by fastranger > 2019-11-28 17:29 | Report Abuse

Ok guys.. RRPT is approved.. get ready for the roller coaster ride..

Posted by Happyflow8888 > 2019-11-28 17:51 | Report Abuse

Thanks fastranger

Posted by ronaldolow5479 > 2019-11-28 17:52 | Report Abuse

Still need patience

Posted by fastranger > 2019-11-28 18:01 | Report Abuse

So long waited ready... Another 30 days ni..

Posted by ronaldolow5479 > 2019-11-28 18:12 | Report Abuse

Tomorrow another terrible qr, hope no!

Posted by scwmike8 > 2019-11-28 18:49 | Report Abuse

The ONLY way out is to secure sales,projects, contracts....No point talking all this sht. if NO sales, can go to hell already.....The rest r just academic....Period..

Posted by scwmike8 > 2019-11-28 18:50 | Report Abuse

it's just a horror freak show....

Posted by fastranger > 2019-11-28 20:02 | Report Abuse

Wahhh this guy so determined in saving all of us.. thanks man.. u always period only huh?

Posted by youarewelcome88 > 2019-11-28 20:59 | Report Abuse

The next stage after receiving approvals to all its resolutions is for the Investment Bank (IB) to come out with a rescue plan for submission to Bursa. Perisai is not able to submit the Corporate Regularisation Plan as expected to Bursa because of the P Kamelia issue. For as long as it is being detained, P Kamelia cannot be in service to generate revenue or bidding for contracts.

It is not only us, the retail shareholders who are anxious on the listing status of Perisai, the secured & unsecured Creditors are equally anxious. The long list of Creditors includes commercial banks both local & foreign.

Is Perisai too big to fail... Let's hope for the best

Posted by fastranger > 2019-11-28 21:15 | Report Abuse

Yeah true also... I dont tink so easy to delist..

Posted by ravz > 2019-11-29 04:41 | Report Abuse

With another quarter loss..can they survive from being delisted..What basis would bursa list then back.

Posted by youarewelcome88 > 2019-11-29 07:10 | Report Abuse

Yes, if Bursa were to decide strictly based on it's conditions set & profitability, Perisai which is a distress company due to the economic downturn since 2014, need to be de-listed. No doubt about it. I know for one, shutting down listed companies arbitrarily is not the role of Bursa. You guys actually have the answer... Cheers

Posted by ravz > 2019-11-29 08:16 | Report Abuse

Then who plays the role if not bursa

Posted by youarewelcome88 > 2019-11-29 08:23 | Report Abuse

Only Bursa. If you are listed on Bursa then you play by their rules. Hope you can appreciate the differences between rules, guidelines & laws... Cheers

Posted by ravz > 2019-11-29 09:12 | Report Abuse

I heard there is very slim chances for the company to be listed back..This is from people working there

Posted by ronaldolow5479 > 2019-11-29 09:53 | Report Abuse

Qr out

Posted by youarewelcome88 > 2019-11-29 09:54 | Report Abuse

Opinion aplenty. Ask yourself what is the best solution out for Perisai. I must emphasised that Perisai has a debt of RM1.2 billion. Every one knows without the listing status, Perisai will immediately go into liquidation. Whatever can be said, I still strongly believe Perisai will not be de-listed. And re-listing Perisai is not against the law. Cheers

Posted by fastranger > 2019-11-29 10:48 | Report Abuse

Yeah exactly.. and average shareholders dont buy at low prices..

Posted by scwmike8 > 2019-11-29 11:01 | Report Abuse

The bloody revenue/sales is shrinking faster by the quarter than your dicks with time...how to have profit???...no need to waste time in trying to resurrect a corpse...period.

Posted by scwmike8 > 2019-11-29 11:02 | Report Abuse

We are sick of opinions,hearsay, etc....give us the substance....

Posted by youarewelcome88 > 2019-11-29 11:51 | Report Abuse

@scwmike8... Seriously speaking, I think you need medical help. This I3 forum never fails to trigger your anger. It's an indication you need help. Regards

Posted by scwmike8 > 2019-11-29 14:50 | Report Abuse

I m fine....At least I dont live in denial or try to mislead others on the prospects of the stock....I call a spade a spade....this Company is Farrrrked....face it...period.

Posted by youarewelcome88 > 2019-11-29 15:14 | Report Abuse

@scwmike8... If you feel fine, can we then have a more matured exchange of opinions. We don't have to use profanities in our exchange. Profanities leaves bad taste behind. Let's have friendly discussion... Thanks

Posted by ronaldolow5479 > 2019-11-29 19:18 | Report Abuse

Seems we hv to wait till 31 dec

Posted by fastranger > 2019-11-29 20:15 | Report Abuse

I tink nxt week result out... Or 2nd week .

Posted by ronaldolow5479 > 2019-11-29 21:31 | Report Abuse

What result

Posted by youarewelcome88 > 2019-11-29 21:57 | Report Abuse

@fastranger... The QR is out yesterday

Posted by Happyflow8888 > 2019-11-29 22:24 | Report Abuse

Fastranger saying about taking out of suspension and Pn17.

Posted by fastranger > 2019-11-29 22:24 | Report Abuse

I telling bout regularisation plan update from bursa..

Posted by youarewelcome88 > 2019-11-29 22:25 | Report Abuse

@Happyflow8888... Oh...

Posted by Chongen Teng > 2019-11-30 13:15 | Report Abuse

I always choose to trust management try their best to get perisai uplift from PN17.