Latest Forum Topics / Charisma Energy Last:0.002 -- | Post Reply |
ChinaEnersave Share
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Bintang
Elite |
30-Oct-2013 10:15
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YHM has tested 6.6 cents many times recently n failed to cross , so it came down rapidly for another correction to the Fibo 62% level at 5.4 cents . Although the correction was fast n severe  , it did not break the uptrend which is supported by 55MA .
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hmphie
Senior |
30-Oct-2013 09:52
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I could be wrong. But big CKs could have run road liao. Buy q seems thinner.
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richard_thf
Member |
30-Oct-2013 09:46
Yells: "HUAT AH..." |
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dear all, why drop har? | ||||
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hmphie
Senior |
30-Oct-2013 09:17
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Hit a low of 54 in the morning. | ||||
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Pauperman
Veteran |
29-Oct-2013 23:40
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once again... this counter is not suitable for contra trades. 
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Ahcheng
Member |
29-Oct-2013 23:33
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Thanks bro, Vested... Huat ah!  
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Pauperman
Veteran |
29-Oct-2013 23:26
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Don't thank me bro. We are all here to share and learn and help each other.  Waiting for YHM to breakthru in another few more rig biz and also branching into their new source of " stable" income by leasing more hydro-generators to countries. This the former company before YHM as we know is called ChinaEnersave. This company specialises in building and operating biomass generation plants. I wonder if there is any relationship or co-relation to the former business Charisma Energy is going into? Maybe into renewable energy generating business on the sea aka wave/current and wind and maybe thermal? Time will tell when the management unveil more information on the kind of business Charisma Energy is going into via their diversification.
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teeth53
Supreme |
29-Oct-2013 22:28
Yells: "don't learn through life, learn to grow with life " |
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Thk, Pauperman....
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teeth53
Supreme |
29-Oct-2013 22:23
Yells: "don't learn through life, learn to grow with life " |
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  Yup, Warrant not for everyone n thk Qs very much, 0 good effort.
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teeth53
Supreme |
29-Oct-2013 21:28
Yells: "don't learn through life, learn to grow with life " |
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  Yup, Warrant not for everyone n thk for putting in so much effort to summarised.
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mazdadan
Member |
29-Oct-2013 20:53
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Thanks for the enlightenment.
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Pauperman
Veteran |
29-Oct-2013 20:29
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We are not institution investors or investors with investable assets excess of $30-50m. They will not be interested with us.
I look at this from a different angle. We no doubt are ikan billis... we ride the ship as shareholders. Our ultimate goal is to see the company progress and expand. Share dilution by means of placement will be common here as yhm takes on more projects. When the company deliver value and profits... we will see share value increase too. Hence placements and share dilutions are the way of life here as yhm need more capital for bigger projects. How else can the company expand if they have difficulty in obtaining lump sum cashflow to undertake big projects. Take a look at ezion. They also have alot of placements now and then however the share value kept going up.
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mazdadan
Member |
29-Oct-2013 20:18
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Thank for the reply, so in the end of the day the warrant will be converted to Share without exercise. Sometime I wonder when they issue warrant and right at so low price is this not unfair for shareholder.
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Pauperman
Veteran |
29-Oct-2013 19:47
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the warrant is not for retailer like us. Not sure will it be traded as it is open to 100 investors only. 
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mazdadan
Member |
29-Oct-2013 19:39
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Is there an exercise price for the warrant. | ||||
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Pauperman
Veteran |
29-Oct-2013 19:22
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Let's recap for the benefit of new YHM holders. I've summarise the milestones in YHM over the past one year. Exactly about a year ago on 25 Oct 2012 Ezion made public its intention to acquire YHM. Further details are disclosed subsequently that Ezion desire to not do a delisting of YHM however to make YHM an associate company. On 20th Feb 2013 Mr Chew Thiam Keng is appointed as Non Executive Chairman of YHM. 2nd April 2013 - Placement of $30,000,000 at a fix rate of 5% interest in capital securities with convertible option to 1,200,000,000 shares (price at $0.025 per conversion share) should the placee decide to convert 23 Sept 2013 - YHM secures a contract up to US$183m over a 3 yr period with 2 yr extendable option to provide a semi-submersible rig in the Andaman Sea. 30 Sept 2013 -  YHM secures a contract with a value in excess of  US$37m for 20 yrs to provide renewable energy services. 30 Sept 2013 - Proposed placement of up to 1,000,000,000 new warrants at $0.025 per warrant. 25 Oct 2013 - EGM passed for proposed diversification of business 15 Nov 2013 - EGM to vote for proposed change of name from YHM Group Limited to Charisma Energy Services Limited.   Extracts on the US$193m contract announcement on 23 Sept 2013: The Board of Directors of YHM Group Limited (the ?Company? or ?Group?) is pleased to announce that it has secured a contract with a value of up to approximately USD183 million over a 3-year period with an additional 2 year extendable option to provide a semisubmersible rig (?Semi?) to be used by a Southeast Asian based national oil company to support its oil and gas activities in the Andaman Sea (the ?Project?) The Company is in the process of forming a joint venture company to own the Semi. The Semi will be upgraded and refurbished and is expected to be deployed in the Andaman Sea between end 2013 and early 2014. Further details of the joint venture company will be announced upon the finalization of the joint venture company. The Project will be funded through internal resources as well as bank borrowings. The Project may have a positive contribution to the Group?s consolidated revenue for the financial year ending 31st December 2013. Extracts on the US$37m contract announcement on 30 Sept 2013:The Board of Directors of YHM Group Limited (the ?Company? or ?Group?) is pleased to announce that it has secured a contract with a value of more than of US$37 million over a 20 year period to lease a set of hydro-electric power generation equipment for power supply to a national utility board in South Asia. The Company expects the lease to commence after the commissioning of the power plant which is expected to be before end 2013. The Company has sought shareholders? approval in entering into offshore and on-shore oil and gas and marine related businesses on 27 Nov 2012. The Company?s entry into this transaction allows it to diversify its earnings stream through a stable operating model, and would allow the Company to establish a foothold in the energy services business segment. This transaction will not change the risk profile of the Company. The transaction will be funded through, amongst others, internal resources, a fund raising exercise to be announced subsequently and bank borrowings. The transaction is not expected to have any material impact on the Group?s earnings per share and net tangible asset per share for the financial year ending 31st December 2013. |
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Rayham
Member |
29-Oct-2013 18:29
Yells: "Calm down!" |
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Well, when will the warrant be listed for trading? Any sifu please enlighten, thanks.  | ||||
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Vardprop
Member |
29-Oct-2013 18:01
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Agreed I think it makes a good investment counter.. Perhaps during the festive season @ December we will see a good nice rally again, in time for CnY and Christmas!!!!
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teeth53
Supreme |
29-Oct-2013 17:54
Yells: "don't learn through life, learn to grow with life " |
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Typo error.....should read as YHM is really NOT for contra play....
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hmphie
Senior |
29-Oct-2013 17:51
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Ck could have been collecting since 40. They could be selling some to lock in profits. | ||||
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