i got below msg : Perisai Petroleum Teknologi Bhd’s external auditor has warned of a material uncertainty in respect of the group’s financial statements for the year ended June 30, 2017, (FY17) which may cast doubt over the group’s ability to continue as a going concern.
According to the company's announcement dated 5th September 2017, today ( 5 Oktober 2017) is the last day for the company to submit its regularisation plan. Fail doing so will cause its share will be suspended and in other severe case, will be delisted. Think that...
I have warned you before but don't follow me blindly. May this time I am wrong. And hopefully I am wrong. I just can pray for the long life for perisai.
if fail , meaning game over for everyone .. scary to see it happen .. if you stand from major shareholders' view , once delisted, it is very hard to re-list again . so i think they will do something to prevent the company from delisting la .. just guessing ..
With strong Board Directors profile..i am not surprise they know how to get out Perisai out of mess. If Perwaja story bring ZZ...and remember how Perwaja was uplifted from 5-6sen to 20-23 sen.. same goes with Perisai...i am not surprise..the same corporate game will be played. Just give time to Perisai....if afraid get burnt just punt with a small scale..hahahahahh..:)
There are news saying that a company called Favelle Favco Bhd is looking to buy stakes in 4 different engineering companies in oil & gas sector. Perisai could be one of it. Just my guess.
In a statement to the local stock exchange today, Favelle Favco said it has inked a heads of agreement (HoA) to acquire 70% stake each in Exact Automation Sdn Bhd, Sedia Teguh Sdn Bhd, Exact Analytical Sdn Bhd, and Exact Oil & Gas Sdn Bhd.
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....
Hitman
1,301 posts
Posted by Hitman > 2017-10-04 22:19 | Report Abuse
just wait for their restructuring plan