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30-12-2015, 07:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Spoke to a classmate of mine during lunch, talk about oil prices dropping when he brought up to me on some of the shares he is holding. Specifically he was mentioning about Kris Energy Ltd that he bought shortly after it was listed at S$1.20 for 20 lots.
There was a right issue only this year in Jun/Jul 2015 at S$0.385, where he took up the rights and buy excess to round it up.
Price is now S$0.19 or lower. Or almost S$30k poorer.
While he is kpkb about this whole thing, question is if he should be buying more shares at today prices, ie at S$0.19, in anticipation of a buy in by Keppel Corp, similar to the SIA/Tigerair ongoing deal........
Or will it be throw good money after bad...........
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?222491-KrisEnergy-Ltd-Was-at-S-1-10-during-listing-in-2013-now&goto=newpost).
Spoke to a classmate of mine during lunch, talk about oil prices dropping when he brought up to me on some of the shares he is holding. Specifically he was mentioning about Kris Energy Ltd that he bought shortly after it was listed at S$1.20 for 20 lots.
There was a right issue only this year in Jun/Jul 2015 at S$0.385, where he took up the rights and buy excess to round it up.
Price is now S$0.19 or lower. Or almost S$30k poorer.
While he is kpkb about this whole thing, question is if he should be buying more shares at today prices, ie at S$0.19, in anticipation of a buy in by Keppel Corp, similar to the SIA/Tigerair ongoing deal........
Or will it be throw good money after bad...........
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?222491-KrisEnergy-Ltd-Was-at-S-1-10-during-listing-in-2013-now&goto=newpost).