This company has seriously underestimated the ANGER of the Bondholders . It doesn't pay any interest or principal when debt is due ---------- and just ask Bondholders to stand down ? I am one of the Bondholders !
If default, what do the bondholders left with? This is a good case to monitor though. An interesting situation. EPF and LTH also are the major shareholders.
I hope Perisai will be fortunate enough to be in the top 10 list of Petronas selection of local Malaysian companies to get their contracts for drillings.
so many here saying perisai pn17, close shop, canot survive.. if no confident in this company why still everyday come here cursing? better go to other money making stock.. everyone here already know perisai already in trouble for long time. wired
annmix, I agreed with you. Perisai forum hav no chatting activities for such a long time, out of sudden, there are so many ppl come to perisai forum to give "advice", why so free to give "advice" for making no money? because out of good heart and worry other ppl rugi? or worry the company bankcrupt ?
i was once tempted to enter at 0.145....., then just before the day it drop, i cancelled the order. The stock is still in long term downtrend, i shall not take the risk lor. Anyway i hope the counter can recover or switch trend lar, at least a medium/short term up trend, then that time i will buy and follow the trend. that is the reason i diving in this forum, and keep watching this....
@mysmo1 Same as me, and there are likely some others. I'm hesitant in trying to catch the bottom because something on a clear downtrend tends to go lower...although it isn't a straight line downwards.
At the same time, I also recognise the potential of a sudden surge when something is oversold. The debt matter with bondholders will be the impetus. Either way. This is worth keeping an eye on.
Kindly enlighten why its will drop to 0.05sen n 1 sen.. also pn17.. give facts n dont simply talk nonsense in lose making stock. Better use yr enery at forum that maks money
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
beso
2,137 posts
Posted by beso > 2016-09-13 17:16 | Report Abuse
there is even more over supply next year as per opec mentioned, so oil will continue drop so as perisai and other o&g counters