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RH Petrogas
22-08-2012, 06:55 PM. (This post was last modified: 23-10-2013, 03:23 PM by CityFarmer.)
Post: #1
RH Petrogas
RH Petrogas is one of the rare SGX companies with an active oil producing site and armed with a few E&P projects. It generated US$40 million worth of oil revenue in 1H 2012.

I chanced upon a Nextinsight article (dated 21 August 2012) detailing about the Company's plans ahead - http://nextinsight.net/index.php/story-a...h-petrogas-

(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.

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20-05-2014, 09:30 PM. (This post was last modified: 20-05-2014, 09:31 PM by GreedandFear.)
Post: #2
RE: RH Petrogas
Another potential M&A situation.

http://http://infopub.sgx.com/Apps?A=COW...3tWs9oayK0

In my opinion, the take-over premium would have to be significant (say $1 share) in order for the controlling shareholders to sell given that there is a potential imminent catalyst for the share price if the development plan for the Fuyu field, in China, is approved. OSK has estimated the NPV of this field at 60 cents a share. OSK has a $1.23 target price on this stock.

(Vested)

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20-05-2014, 10:35 PM.
Post: #3
RE: RH Petrogas
Resources based companies corporate actions can be all or nothing since the valuations of which hinges on whether there are resources or not...

Good luck...

(20-05-2014, 09:30 PM)GreedandFear Wrote: Another potential M&A situation.

http://http://infopub.sgx.com/Apps?A=COW...3tWs9oayK0

In my opinion, the take-over premium would have to be significant (say $1 share) in order for the controlling shareholders to sell given that there is a potential imminent catalyst for the share price if the development plan for the Fuyu field, in China, is approved. OSK has estimated the NPV of this field at 60 cents a share. OSK has a $1.23 target price on this stock.

(Vested)

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