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Any idea / news on the 'issued rights' as well?
I sold of my counter already... but still no news on the rights issued.... sian.
I sold of my counter already... but still no news on the rights issued.... sian.
Octavia ( Date: 06-Jul-2013 17:09) Posted:
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You have to read up the company announcements before you can understand the target pricing which my posting is talking about.
http://info.sgx.com/webcoranncatth.n...df?openelement
http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementLast3MonthsByCompanyNameAndCategory& F=376397& fileId=FORM3_MrLau_final.pdf
tea444u ( Date: 06-Jul-2013 02:13) Posted:
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hi what does this mean? Ramba will be taken over and the offer price has to be ard?? can anyone help explain? gosh i missed so many for i am stuck in swiber.... what mud i stepped into....
Octavia ( Date: 05-Jul-2013 09:49) Posted:
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It's okay, as long as you made some money. It's better than losing money.
Monday also got some coffee money to be made, but this is bo bao.. I rather wait for the next accumulation. I'm a conservative..
Sorry I kan chiong and sold at 0.60 today... Still have some coffee to drink on Monday?
So Monday it will cheong loh.Huat arhhhhh..
RAMBA ENERGY LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No.: 200301668R)
ANNOUNCEMENT
DEVELOPMENT DRILLING AT THE JATIRARANGON BLOCK
The Board of Directors of Ramba Energy Limited (“Ramba” or the “Company”) refers to the
previous announcement released on 8 February 2011 with respect to its interest in the
Jatirarangon TAC (“Jatirarangon block”) located in Java, Indonesia.
The Board of Directors is pleased to announce that the Company has commenced the
deepening of the JRR-1 production well at 1000 hours on 5 July 2013.
The JRR-1 well currently has a total depth of 5,250 feet, and will be deepened to a total
depth of approximately 8,900 feet. The deepening of the JRR-1 well is targeting the Talang
Akar and Baturaja Formation. The Company had discovered oil in the Baturaja Formation in
2011 during the JRR-3 ST Workover.
The Company expects drilling operations to take approximately 15 days, with an additional
10 days for completion and testing.
The Company will make such further announcements to inform shareholders of any updates
or developments at the Jatirarangon block.
Oil and gas exploration and production is an expensive, high-risk operation. Shareholders
are therefore asked to exercise caution when dealing in shares of the Company, and should
consult their legal, financial tax and other professional advisers if they have any doubt as to
the action to take.
Order of the Board of
RAMBA ENERGY LIMITED
TAN CHONG HUAT
Non-Executive Chairman
5 July 2013
(Incorporated in the Republic of Singapore)
(Company Registration No.: 200301668R)
ANNOUNCEMENT
DEVELOPMENT DRILLING AT THE JATIRARANGON BLOCK
The Board of Directors of Ramba Energy Limited (“Ramba” or the “Company”) refers to the
previous announcement released on 8 February 2011 with respect to its interest in the
Jatirarangon TAC (“Jatirarangon block”) located in Java, Indonesia.
The Board of Directors is pleased to announce that the Company has commenced the
deepening of the JRR-1 production well at 1000 hours on 5 July 2013.
The JRR-1 well currently has a total depth of 5,250 feet, and will be deepened to a total
depth of approximately 8,900 feet. The deepening of the JRR-1 well is targeting the Talang
Akar and Baturaja Formation. The Company had discovered oil in the Baturaja Formation in
2011 during the JRR-3 ST Workover.
The Company expects drilling operations to take approximately 15 days, with an additional
10 days for completion and testing.
The Company will make such further announcements to inform shareholders of any updates
or developments at the Jatirarangon block.
Oil and gas exploration and production is an expensive, high-risk operation. Shareholders
are therefore asked to exercise caution when dealing in shares of the Company, and should
consult their legal, financial tax and other professional advisers if they have any doubt as to
the action to take.
Order of the Board of
RAMBA ENERGY LIMITED
TAN CHONG HUAT
Non-Executive Chairman
5 July 2013
Hopefully can closed at 62 and above today to maintain a white long candle.
Octavia ( Date: 05-Jul-2013 12:12) Posted:
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Seems like no great wall till 63.
Still holding on to this.. Mai kan cheong to sell.. This counter should end on high..
No problem )
Good kopi money..
pepperginger ( Date: 05-Jul-2013 10:56) Posted:
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thanks alexkwa! loaded this morning at 0.585 and just sold at 0.610 
alexkwa ( Date: 05-Jul-2013 09:28) Posted:
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Huat Kuay for all~
Last chance to hop on the boat.. Should end on a high...
ramba rumbling! boat just started to fill! hop on now!
Counter is trading at a 13% discount to the minimum price of $0.60 that was offered by a potential buyer to Ramba's majority shareholder. Recall on 6 Jun, Ramba disclosed that the Soeryadjaya family and concert parties, which own a controlling 33.1% stake, have been in discussion with a potential buyer for their entire stake. Family patriarch Edward Soeryadjaya has also received a conditional expression of interest for a possible acquisition of 51% of Ramba shares by way of a voluntary conditional cash partial offer at an indicative offer price of $0.60-0.70. Based on SGX ruling, any new shareholder that has acquired 30% of outstanding shares will tigger a mandatory takeover bid. The offer price cannot be lower than the highest price paid by the offeror six months leading up to the trigger of the offer.
Bought some before yday close.Huat arhhhh.
alexkwa ( Date: 05-Jul-2013 09:28) Posted:
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Chiong ah this counter. Don't say I never give tips. My tgt is 62
But. DYOD...
There's hope on this to go up in the short term. But the upper shadow is too long for me... Not buying.
If I am not wrong, this is heading for 80c in one to two month times, if no big bad news.
johnloke49 ( Date: 03-Jul-2013 00:00) Posted:
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