alan, business times reported what they interviewed or else where they get all this. the board just need to deny it. later crop up again only after the price move up. this is my guessing.
One day suspension.28/03. Signing agreement with Maryland International offshore Ltd. Discussion with PT Formasi Sumatera energi to venture into oil & gas buss yet to be finalised. Just imagine becoming Oil & gas CO.
told u all already.cannot be business times just simply write. just wait and be patience. will be transformed once announcement made and definitely good news. just hang on.
For all you guys I dont simply recommend and later get burn. I study the trend, what in store, highest and lowest price, movement with and without syndicate participation, check with bursa and so forth before entering. u get a first hand analyse but still I am no god. Any invesment with certain risk and you decide the best for yourself ok.
at least can feel that you are stepping on the a goldmine. let the price move in temdem and unlock it when you feel happy. read my postings. maybe rm1, rm2 and rm3. you choose and make a wise one.
To all traders only, just to share my prediction for tomorrow opening price. min upside of 20% from the last closing price. Happy trading & invest at your own risk.
USD 24.5 million worth of rights issue is approximately equivalent to RM 73.5. So if 12 sen per share, we are looking at equivalent of RM 73.5 million divide by RM 0.12 = 612 million new shares or so. Adding that to the existing shares of approximately 150 million shares, we are looking at almost 800 million unit of shares in this company. The revenue from the oil at RM 3.5 million a month, give and take RM 500,000 per month cost to produce, we are looking at EBITDA at RM 3 million x 12 month = RM 36 million per year. Minus all taxes, depreciation and all other craps, we are looking at probably RM 25 million PAT. Which is great !!!! Divide that by 800 million shares, we are looking at earning per share of RM 0.03 per share. The oil and gas PE at 12 times, so the price will be at RM 0.03 x 12 = RM 0.48, current price is at RM 0.225. That is based on fundamental, but with goreng .... Sky is the limit ..
Dont know... But please remember, the acquisition impact is only after 2013. Now it is only HOA (Heads of Agreement) not Sale and Purchase Agreement. Looking at the news, Keywest probably need to come up with approximately RM 8 million. The rights issue proceeds is short by RM 8 million to acquire Manjung Niaga. So .... susah mau kata la boss ... If the HOA fails, this is gonna be crappy share. ...
additionally seller becomes majority shareholder via backdoor? but at this moment, keywest @ oil and gas pe ratio sector, should be nice temporary lift?
dont speculate too much. I wonder whether those who suddenly start posting having the scripts. Lets wait and see what is the opening price. FAIR ENOUGH!!!!!!!
Roz, give chance to newbie like me to post my thots la..it is not a script, it is based on calculation ... Buku cakap itu macam .. Saya cuma mau tunjuk terer sama masta. By the way, if the thoughts are wrong, sincere apologies.
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....
kadok1691
220 posts
Posted by kadok1691 > 2012-02-27 09:22 | Report Abuse
ini kaunter nampak ok?