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JASPER INVESTMENTS LIMITED
(Company Registration No. 198700983H)
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UPDATE ON THE NEPTUNE DISCOVERER
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The Company wishes to announce that the drill ship, the Neptune Discoverer, arrived in Venezuela on 10 June 2008 and has commenced operations under a 4-year contract with Petroleos De Venezuela S.A., the state oil company of Venezuela, to drill 21 natural gas production wells.
By Order of the Board
19 June 2008
Now trading above half way mark.....50.5cent to 51cents.
BACKGROUND
Jasper Investments Limited is a holding company listed on the SGX since 1993 which principally invests in the offshore oil and gas drilling and services sector. Jasper’s principal subsidiary, Neptune Marine Oil & Gas Limited, owns and operates oil rigs for deep sea drilling which are contracted out to oil and gas exploration and production companies.
The major shareholders of Jasper include certain investment funds managed by Ashmore Investment Management Limited. Ashmore is a leading London-based emerging market fund specialist listed on the London Stock Exchange. As at 31 December 2007, Ashmore had over US$36 billion under management. Ashmore’s investments include fixed income, equity and special situations (incorporating distressed debt and private equity) and have extensive experience in the oil and gas businesses.
teeth53 ( Date: 04-Jun-2008 11:03) Posted:
| Oil and gas play...Oil rig play..Err...potential mid-term. a dollar stocks |
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Oil and gas play...Oil rig play..Err...potential mid-term. a dollar stocks
Seems to be strong today
KooDoss...to d management for their far sighted in purchasing oil & gas rig.
Attached are the Notice of Extraordinary General Meeting to be convened for the approval and ratification of the acquisition of Neptune Marine Oil & Gas Limited and the Circular dated 4 March 2008 in relation to the above.
teeth53 ( Date: 04-Jun-2008 09:06) Posted:
Big demand in rig-builder's contract as oil prices soar in Sraits Times paper (Wed) june4,2008 Money page H-27 on Warrant Watch.
terencefok ( Date: 23-Apr-2008 09:10) Posted:
| Now at 0.395, NAV is 0.375. Huge profit potential from leasing out of oil rigs and vessels to oil and gas exploration companies. |
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Big demand in rig-builder's contract as oil prices soar in Sraits Times paper (Wed) june4,2008 Money page H-27 on Warrant Watch.
terencefok ( Date: 23-Apr-2008 09:10) Posted:
| Now at 0.395, NAV is 0.375. Huge profit potential from leasing out of oil rigs and vessels to oil and gas exploration companies. |
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Loss is due to legal fees for the acquisition of Neptune, a one-off item. Actual cash-flow from operations is positive if you check the cash flow statement.
| Name of Announcer * |
JASPER INVESTMENTS LIMITED |
| Date & Time of Broadcast |
29-May-2008 20:27:15 |
FS - year ended 31/Mar/08
Loss -US$7.1mln
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_55DAF681A37AEEA94825745800417C15/$file/ResultsFY2008.pdf?openelement
Data from Bloomberg:
Jasper (Buy-In Market)
11:30:11 9,000 0.495
14:18:00 640 0.535
low volume is good time to start keeping. Sell when the frenzy comes. this is my strategy
yes, same feeling too. pass days its moving slow not much vol but price moving up . someone slowing keeping? vested long long ago . will hold for longshot ,
terencefok ( Date: 22-May-2008 09:54) Posted:
| Good chance to buy now that it has dip a little. |
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Good chance to buy now that it has dip a little.
Watch out for this stock. Has been crawling up for a number of days. A beneficiary of the robust oil and gas sector. With limited supply of dril-rigs in the market, lease-out rates will be high, plus record oil prices will continue to spur demand for exploration activities. Vested.
i think u meant $0.02 per share * 25000 = $500 + 2 (commission via atm?)
i think u are losing money after the consolidation by $430-502-28 (selling brokerage charges) = -$100 or lose $100
correct me if i am wrong
May I ask if I have 25000 shares in Jasper & after consolidation I left with 1000 only?? During the right share, they offer at 0.002, if I bought 25000 share = $524 (admin charges)
After consolidating with current price is 1000 = $430
$524 actual price - $430 after consolidating = $94
Am I correct??
Thank you for your fast reply.
Alligator ( Date: 24-Apr-2008 09:37) Posted:
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cathylmg,
read the announcement on sgx website :
http://info.sgx.com/webcorannc.nsf/0357d11048060bb84825735f0028e25b/58242d50e851232b482574270039a9ef?OpenDocument to simplify, i think if you are not getting into the RIGHTS issue then it is consolidated by a factor of 25. But do read the above since it means there are odd lot after divide by 25
you can check on your CDP account on 25 Apr. If you have not got the internet account, which is FREE service, you might want to apply for one to speed up future check on line
Anyone knows how to check whether I got how many shares? So long already I got stuck since last boom a lot of shares.
I guess it is the CDP delivery system preventing clash, assuming the accounts which had sold the holdings on 22nd which was the last day for old shares trading, the delivery date is 25th. So I think the new reflection will be shown on 28th Monday.
Cheers.
karseng ( Date: 24-Apr-2008 09:10) Posted:
jus wan 2 check wif u guys tat
why my cdp account didint show the shares i hav after consolidation
it still remain the same as before
tks |
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Your actual number of shares now should be 1/25 of what you previously had. Maybe they have not updated.
