Posted by Will76 > 2019-11-22 15:23 | Report Abuse

Perdana is way overvalue @ 0.45.

Perdana :
Q1 : Net Loss = RM32.9mil
Q2 : Net Loss = RM5.4mil
Q3 : Net Profit = RM18mil

On the other hand, Bumi Armada is only @ 0.52 even after posting 3 CONSECUTIVE INCREASING QR NET PROFIT

Bumi Armada :
Q1 : Net Profit = RM61.3mil
Q2 : Net Profit = RM82.1mil
Q3 : Net Profit = RM151.4mil

Fair value for Perdana should be about 0.30 - 0.35

Posted by HazByn > 2019-11-22 15:33 | Report Abuse

oh here come the will76..welcome back

some of your post;


Will76 Be RATIONAL guys. Oil price plunge to USD62/barrel & Perdana doing right issue at 0.26, yet people are buying above 0.30.

Looks like trade war between CHINA & USA will intensified further. President Xi & Trump will LIKELY NOT MEET at G20 for trade talk end of this month.

I suspect oil price will plunge further, maybe below USD60 this month.

Its time to SELL and NOT BUY. Be RATIONAL guys
07/06/2019 11:51 AM

Posted by Newbieinshare > 2019-11-22 17:37 | Report Abuse

Right issue today

Posted by upsidedown119 > 2019-11-22 20:24 | Report Abuse

Perdana renounceable rights issue is at 32.5 sens.

Posted by Sky Liew > 2019-11-22 20:36 | Report Abuse

pa
Guest perdana next year will more good
Just hold and rigth and wait

Posted by upsidedown119 > 2019-11-22 22:58 | Report Abuse

The right issue is for redeemable convertible preference shares. I wonder how the market will react on Monday?

Posted by Sky Liew > 2019-11-22 23:12 | Report Abuse

Rigth issue is Ann long time already, after rigth perdana debt will lower to 0.14 only

Posted by Joyce126 > 2019-11-23 11:41 | Report Abuse

Price will be holding at 45 or more, otherwise no one will subscribe the right

Posted by Newbieinshare > 2019-11-23 12:53 | Report Abuse

Can anyone explain about the perdana RI? Is quite confusing

Posted by Kiankea82 > 2019-11-23 18:42 | Report Abuse

I confuse for the right issue.....
Crp price 0. 325
Convert to ordinary share also 0.325
Izit one Crp convert to one ordinary share equal to 0.65 or only pay 0.325 one time only?
Onyone can explain to me? Pls

Posted by Expertise > 2019-11-23 19:21 | Report Abuse

Can some one explain to me if I hold 10k ordinary share...how to count crp...thank you

Newbie here

Posted by Joyce126 > 2019-11-23 20:59 | Report Abuse

Price now 45
10k shares = RM4500
U need to pay RM6500 to get 20k Right issues

Posted by Expertise > 2019-11-23 21:03 | Report Abuse

Thx for advised..）

Posted by leeling6086 > 2019-11-23 23:29 | Report Abuse

After listing, 1RCPS can be converted to 1 mother share without having to top up any cash.

Posted by leeling6086 > 2019-11-23 23:31 | Report Abuse

the conversion price of the RCPS at RM0.325 per RCPS and the conversion ratio at 1 new PPB Share for every 1 RCPS held. The conversion price of RM0.325 per RCPS represents a discount of RM0.135 or approximately 29.35% to the 5-day VWAMP of PPB Shares up to and including 21 November 2019, being the last trading day immediately preceding the price-fixing date of RM0.460 per PPB Share.



The conversion price per new PPB Share is an amount equivalent to the issue price of the RCPS multiplied by the conversion ratio, which shall be deemed settled by way of set-off and hence the RCPS holders are not required to make any additional cash payment for the conversion of the RCPS into new PPB Shares.

Posted by Kiankea82 > 2019-11-24 08:26 | Report Abuse

Thanks sifu......
That mean buy 1 share with 2 crp cost equal (0.45+0.65)/3 =0.365
So Tomolo sure PBB will up......

Posted by CK Lai > 2019-11-24 10:40 | Report Abuse

That mean if v have 1PPb share, if want have 2RCPS need to paid 0.65 is like that?

Posted by Expertise > 2019-11-24 11:12 | Report Abuse

how about existing holder...nid to pay any additional cash to get rcps??

Posted by Expertise > 2019-11-24 16:53 | Report Abuse

means perdana OR will appear after 06 Dec 2019?? Correct me thx

Posted by upsidedown119 > 2019-11-24 17:25 | Report Abuse

Ex-date is 6th Dec 2019. This means that if you buy Perdana shares after this date, you won't get the rights.

The rights are for redeemable preference shares which can be swopped for Perdana shares on a 1:1 basis i.e. 1 redeemable preference share for 1 ordinary share.

So the holder of each right can subscribe for a preference share at 32.5 sens. He can then either swap it for an ordinary Perdana share or hold it for dividends. If dividend is declared the holders of the preference share will get priority over ordinary shareholders. That's why they are called preference shares.

Posted by upsidedown119 > 2019-11-24 17:44 | Report Abuse

@Will76. The risk profile of Armada is different from Perdana. Armada is riskier due to its operations overseas in high risk areas. Witness the recent drastic sell-down of Armada due to just a rumour and the slow recovery.

Perdana is less risky due to it being tied to Dayang which is a major contractor for Petronas the national oil company.

Posted by Expertise > 2019-11-24 18:08 | Report Abuse

Thk you sifu

Posted by Newbieinshare > 2019-11-24 21:14 | Report Abuse

So is it worth to subscribe the right issue? Once converted to mother shares eps will be diluted 99

Posted by James Ng > 2019-11-24 21:18 | Report Abuse

https://klse.i3investor.com/blogs/general/239420.jsp
[转贴] [Facebook live video:浅谈Perdana petroleum bhd (Perdana)] - James的股票投资James Share Investing

Posted by Joyce126 > 2019-11-24 22:41 | Report Abuse

It is cheap to subscribe the right issues.

Posted by leeling6086 > 2019-11-24 23:32 | Report Abuse

If u have 1 lot perdana share, you are entitled to purchase 2 lot ICPS at 0.325 each lot (0.325 X2=0.650). Another option is when u get the OR (2 OR for each perdana share) and decided not to subscribe the ICPS, you can sell the OR at open market before the end of the OR trading day.

Posted by Sky Liew > 2019-11-25 09:14 | Report Abuse

panic sell ， really no word。 result goood also like that

Posted by CK Lai > 2019-11-25 09:18 | Report Abuse

Drop like lao sai, what happen?

Posted by Joyce126 > 2019-11-25 09:19 | Report Abuse

Forcing ppl to sell

Posted by sidewinder > 2019-11-25 09:21 | Report Abuse

so how to get it subscribe, is it thru normal trading platform. and will this RCPS unit can be sold to open market or only to be redeemed by company. sorry newbie here

Posted by Joyce126 > 2019-11-25 10:05 | Report Abuse

Bleeding.

Posted by Sky Liew > 2019-11-25 10:05 | Report Abuse

395 press to 325 lo then no need rigth

Posted by Sky Liew > 2019-11-25 10:10 | Report Abuse

Hah got rubblish BAnker can do what lo

Posted by Joyce126 > 2019-11-25 10:13 | Report Abuse

Retailers panic selling.

Posted by Sky Liew > 2019-11-25 10:14 | Report Abuse

Haha 365 gogogo drop to 325 see who rigth

Posted by HazByn > 2019-11-25 10:16 | Report Abuse

i cl 0.42..crazy..burnt till can't see ashes..

Posted by kariwong9394 > 2019-11-25 10:18 | Report Abuse

omg..drop like waterfall.. short term have to cut loss

Posted by Sky Liew > 2019-11-25 10:20 | Report Abuse

Short term no need see Liao

Posted by KoonYewSiong67 > 2019-11-25 10:24 | Report Abuse

perdana leleong? big leg collecting?

Posted by Newplayer286 > 2019-11-25 10:32 | Report Abuse

Drop to 0.30 pls

Posted by KoonYewSiong67 > 2019-11-25 10:35 | Report Abuse

someone is collecting....

Posted by Chokhmah > 2019-11-25 10:36 | Report Abuse

buy after right issuance done

Posted by azta12 > 2019-11-25 10:36 | Report Abuse

add

Posted by tai yee > 2019-11-25 10:43 | Report Abuse

1 lot @ 0.4 get 2 rights @ 0.365 per rights. if convert, pay 0.73, then will have 3 lots on hand. Average, every lot price is 0.377.
Is it counting in this way ?? thats why retailer selling ?

Posted by Sky Liew > 2019-11-25 10:46 | Report Abuse

No o u rigth is 32.5
They sell becoz no money rigth
Poor banker

Posted by tai yee > 2019-11-25 10:50 | Report Abuse

oh... ok.. thanks Sky

Posted by Eric Pang > 2019-11-25 11:38 | Report Abuse

All Experts,
Can I please ask if I buy Perdana shares now will be also subjected to right issue????
When is the right issue end date????

Posted by HazByn > 2019-11-25 11:47 | Report Abuse

ex date is on 5 dec...

Posted by Sky Liew > 2019-11-25 11:49 | Report Abuse

If u now got perdana
5-12 ex date then 6-12 y get 2 pr to rigth perdana pa with 32.5 sen
If u don’t want rigth u can sell u 2 pr at that period 9-16 dec

Posted by Sky Liew > 2019-11-25 11:50 | Report Abuse

For me , adjust is a chance
Oil sector is going recover