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Author Topic: Namfatt another Saag in the making  (Read 2364 times)
八兩金
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八兩金


« on: January 14, 2011, 10:26:34 AM »

 coming out of PN17 with a new regulation plan.
TP $0.16 by next week.
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« on: January 14, 2011, 10:26:34 AM »

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lucky_$trike
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"be happy-go lucky"


« Reply #1 on: January 14, 2011, 11:01:44 AM »

r u sure? with arbitration case pending?? Tongue
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八兩金
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« Reply #2 on: January 14, 2011, 11:19:55 AM »

r u sure? with arbitration case pending?? Tongue

i can't said much, but with a this minor news it hv move 60%. what if over the weekend come out a good news!!! what will happen then???
 Speechless Speechless Speechless Speechless Speechless
 Speechless Wink Wink Wink Speechless
 Speechless Laugh Laugh Laugh Speechless
 Speechless Wink Wink Wink Speechless
 Speechless Speechless Speechless Speechless Speechless
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lucky_$trike
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"be happy-go lucky"


« Reply #3 on: January 14, 2011, 12:32:35 PM »

ok..gud luck..will include in my watch list.. Clap Clap
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lucky_$trike
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"be happy-go lucky"


« Reply #4 on: January 14, 2011, 01:48:50 PM »

 Thumbs Up Thumbs Up
still gud volume la ini namfatt..!!
i sure will closely monitor tis penny stock...hahahahaa
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八兩金
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« Reply #5 on: January 14, 2011, 01:52:41 PM »

Thumbs Up Thumbs Up
still gud volume la ini namfatt..!!
i sure will closely monitor tis penny stock...hahahahaa

no contra pls, u need to hold!!

hit & run r dangerous & not worthwhile !!
 Worried Worried Worried Worried Worried
 Phew Phew Phew Phew Phew
 Sweat Sweat Sweat Sweat Sweat
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lucky_$trike
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"be happy-go lucky"


« Reply #6 on: January 14, 2011, 02:06:38 PM »

i'm not contraKING..hehehee....if contra..the price much more vulnerable..lets keep for a while...
 Handshake Handshake
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lucy
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« Reply #7 on: January 14, 2011, 02:08:38 PM »

 Thumbs Up Thumbs Up Thumbs Up

buy call  Clap Clap Thumbs Up Thumbs Up
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lucky_$trike
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"be happy-go lucky"


« Reply #8 on: January 14, 2011, 02:11:56 PM »

Thumbs Up Thumbs Up Thumbs Up

buy call  Clap Clap Thumbs Up Thumbs Up

lucy..u have a watch list same as mine.. Handshake
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八兩金
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八兩金


« Reply #9 on: January 14, 2011, 02:14:08 PM »

i'm not contraKING..hehehee....if contra..the price much more vulnerable..lets keep for a while...
 Handshake Handshake

http://www.investlah.com/forum/index.php/topic,11402.msg192585.html#msg192585
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wombie88
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« Reply #10 on: January 14, 2011, 02:26:48 PM »

NAMFATT SUPER MAKING LOSS, HOW TO COME OUT FROM PN17?
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LBS 0.85  TP 1.50
EPMB 0.80 TP 1.50
CBIP 2.45 TP 3.60

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dragonofdark
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« Reply #11 on: January 14, 2011, 02:27:47 PM »

The price shoot up becos of yesterday news, looks like 180million USD project waiting for them, project awarded from Petrodar.
correct me if i m wrong :/
i am on the boat also ~ wakaka  Laugh

Petrodar - www.petrodar.com
namfatt-SPA JointVenture - http://www.namfatt.com/htm/maininvestment.htm
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lucy
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« Reply #12 on: January 14, 2011, 02:37:57 PM »

 Thumbs Up Thumbs Up
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yen85_nicholas
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« Reply #13 on: January 14, 2011, 03:15:45 PM »

coming out of PN17 with a new regulation plan.
TP $0.16 by next week.

yah...hear from two of my remiser that this counter had prepared the requlation plan to out from PN17. don't know real a not lah....
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lucky_$trike
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"be happy-go lucky"


« Reply #14 on: January 14, 2011, 03:21:48 PM »

watever it is...its a miracle to see kind of volume and + changes in % of the counter today...  Cash Cash
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razakzakaria
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« Reply #15 on: January 15, 2011, 09:56:49 AM »

Type : Announcement
Subject : Nam Fatt Corporation Berhad (Nam Fatt or Company)
Arbitration between NF Energy Sdn Bhd and Bentini SpA (as claimants) v Petrodar Operating Company Limited (as respondent)
Announcement pursuant to Chapter 9.04 of the Listing Requirements)
 

 
Contents : Further to Nam Fatt’s announcement on 15 October 2010, the Board of Directors of Nam Fatt wishes to announce that arbitration proceedings have commenced between the joint venture of Bentini SpA and NF Energy Sdn Bhd against Petrodar Operating Company Ltd, Sudan (Petrodar).

NF Energy Sdn Bhd is a 51% subsidiary of the Company.
 
   
 

Announcement Details :





1.      Announcement details




(a)   The arbitration proceedings relate to disputes arising from the a United States Dollar (USD) 180.0 million contract awarded by Petrodar to the joint venture of Bentini SpA and NF Energy Sdn Bhd (BNFE) on 25 July 2004, for the engineering, procurement, construction and commissioning of 6 pumping facilities along an export pipeline, which forms part of the Melut Basin Oil Development Project in Sudan (Project).




(b)   Full mechanical completion for the Project was achieved on 26 August 2009.




(c)   Disputes arose between the parties on claims made by BNFE.  The parties attempted but were unable to amicably resolve such disputes.




(d)   On 28 April 2010, NF Energy Sdn Bhd and Bentini SpA issued a notice of arbitration against Petrodar for the recovery of USD227,023,876.00 under the Project, excluding claims pending assessment.




(e)   The terms of appointment of the arbitration tribunal were subsequently finalised by the parties and members of the arbitration tribunal and received by the Company on 13 January 2010.




2.     Information on PDOC




(a)   Address




PDOC is incorporated under the laws of the British Virgin Islands with an address at Petrodar Tower, Almugran District, PO Box 11778, Khartoum, Sudan.




(b)  Principal activities




PDOC is a Sudan-registered petroleum operating company which carries out exploration, development and production of oil for Block 3E, 7E and 3D in Sudan.




(c)  Shareholders




PDOC’s major shareholders are China National Petroleum Co International (Nile) Ltd and PETRONAS Carigali International Sdn Bhd, a corporation related to Petroliam Nasional Berhad (Petronas).  Its shareholders are –





 
 

 
 

 
 


 
 Shareholder

 Shareholding (%)

 


 
 

 
 

 
 


 
 

 
 

 
 
1.

 China National Petroleum Co International (Nile) Ltd

 41

 


 
 

 
 

 
 
2.

 PETRONAS Carigali International Sdn Bhd

 40

 


 
 

 
 

 
 
3.

 Sudan National Petroleum Corporation

 8

 


 
 

 
 

 
 
4.

 SINOPEC International Co Ltd

 6

 


 
 

 
 

 
 
5.

 AL THANI Corporation Ltd

 5

 


 
 

 
 

 
 




(d)  Additional information and information on shareholders




(i)     Additional information on PDOC may be obtained at www.petrodar.com.




(ii)    information on PDOC’s major shareholders, namely China National Petroleum Co International (Nile) Ltd and PETRONAS Carigali International Sdn Bhd may be obtained at -




(a)    www.cnpc.com.cn/en for China National Petroleum Co International (Nile) Ltd; and




(b)   www.petronas.com.my for PETRONAS Carigali International Sdn Bhd.




   3.  Information on the Company and NFE




Please refer to the Company’s 2009 Annual Report for information on the Company and NFE.




   4.  Information on Bentini SpA


Bentini was established in Italy in 1950 and is NFE’s contractual partner for the Project.

         


This announcement is dated 13 January 2011.

 
 
 Phew Tongue Cash
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razakzakaria
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« Reply #16 on: January 15, 2011, 10:01:38 AM »

Type : Announcement
Subject : Nam Fatt Corporation Berhad (“Nam Fatt” or “Company”)
- Disposal of development lands by Agenda Istimewa Sdn Bhd, a whole-owned subsidiary of Nam Fatt for a cash consideration of RM8.3 million (Disposal)
 

 
Contents : The Board of the Directors of Nam Fatt wishes to announce that there is an error to the date of the Sale and Purchase Agreement (SPA) in relation to the Disposal to Premium Bahagia Sdn Bhd, the purchaser. The correct date of the SPA is 22 NOVEMBER 2010 instead of 23 November 2010 as announced on 23 November 2010 due to typographical error.

This announcement is dated 12 January 2011.
 
   
 

Announcement Details :

 
 
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jeneral poyo
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together we move the mountain....$$$$$$$


« Reply #17 on: January 15, 2011, 10:08:02 AM »

wat price to pick-up? 0.09?? 0.095?? or lower???
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10% will learn n prevail.............
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« Reply #18 on: January 16, 2011, 01:11:51 AM »

so let's earn some CNY ang pow from NAMFATT... Cash Thumbs Up Tongue Laugh
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RIDLEY
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« Reply #19 on: January 16, 2011, 06:08:49 PM »

any comman with this NAMFATT?? Worried..suddenly shoot up to 0.10 cwnts?.. Clap Thumbs Up Cash Handshake Laugh
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razakzakaria
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« Reply #20 on: January 17, 2011, 11:05:19 AM »

ari ni..nampak mcm tak bermaya... Sweat
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RIDLEY
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« Reply #21 on: January 17, 2011, 11:08:35 AM »

namfatt coming now with .08 cents... Clap..it will moving very soon..
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dragonofdark
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« Reply #22 on: January 17, 2011, 11:26:14 AM »

namfatt coming now with .08 cents... Clap..it will moving very soon..

the time when this counter get out from pn17 and get the project, is also the time for us to celebrate with profit > 40% .. wakaka  Cash
still collecting ~  Tongue

 
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八兩金
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« Reply #23 on: January 17, 2011, 11:52:06 AM »

the time when this counter get out from pn17 and get the project, is also the time for us to celebrate with profit > 40% .. wakaka  Cash
still collecting ~  Tongue

 


need some rest after friday marathon .......
need 100+ to refill energy....
anticipating another wave......
 Wink Wink Wink Wink Wink
 Wink Laugh Laugh Laugh Wink
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RIDLEY
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« Reply #24 on: January 17, 2011, 11:18:02 PM »

something wrong with namfatt....suddenly drop 2 cents Huh? Phew
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« Reply #24 on: January 17, 2011, 11:18:02 PM »

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dragonofdark
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**** you I'm a dragon


« Reply #25 on: January 18, 2011, 12:32:36 AM »

something wrong with namfatt....suddenly drop 2 cents Huh? Phew

the key point to change this counter now is whether the director able to come out a plan to rescue this counter from PN17 or not only .. as wat i saw, i think they are trying hard to move out from PN17 now (sold land,extend pn17 expired date,JV with other company to get petrodar project and do something related to creditor on business)
for me, i take the risk for this counter this time ~ XD  Cool
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tycoon88
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« Reply #26 on: January 18, 2011, 01:59:28 AM »

Nam Fatt lost $ big time due to Sudan Project. Did u noe dat one Coy named PECD actually gone bust becoz of Sudan Oil Project called Melut Basin. MMC Oil & Gas oso lost $ for this project and so did muhibah. but luckily these 2 not dat badly hurt.

This Melut Basin is actually JV O & G field opened by Sudan Oil Co. & Petronas. So dat's y many local O & G players were invited to take part and they really jumped into d "fire".

Becoz I once worked with MMC, i came 2 understand dat in Sudan is a terrible place 2 b due to constant terrorism, civil wars & rebellion activities. I was even told dat some of my colleagues have been killed there but I dunno whether it was true or juz a rumour.

If i oso not mistaken, Nam Fatt faced big financial problem due to JB-S'pore CIQ Project.
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razakzakaria
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« Reply #27 on: January 21, 2011, 05:51:12 PM »

steady namfatt...3 day market down...u still mantain...0.08 Cool
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RIDLEY
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« Reply #28 on: January 21, 2011, 06:05:38 PM »

is there any news from namfatt that JUMP out from PN 17?? Worried Cry Sweat Sad
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RIDLEY
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« Reply #29 on: January 21, 2011, 10:30:37 PM »

Arbitration between Nam Fatt Construction Sdn Bhd and ZAQ Construction Sdn Bhd?Huh??
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Smurfs
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Ice Cream very yummy !


« Reply #30 on: January 21, 2011, 10:33:27 PM »

its a high risk high gain stock currently..
got extra money that you dont care, just throw in...
dont love your money....it might go...or it might come back handsomely...
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wombie88
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« Reply #31 on: February 07, 2011, 03:32:53 PM »

this stock gonna fly soon? all penny up? should i enter? ****,
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EPMB 0.80 TP 1.50
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八兩金
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八兩金


« Reply #32 on: February 07, 2011, 04:06:54 PM »

this stock gonna fly soon? all penny up? should i enter? ****,

just monitor the trading patern.... something is brewing.......hot like iris.....!!!
better watch out
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八兩金
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« Reply #33 on: February 07, 2011, 04:13:32 PM »

just monitor the trading patern.... something is brewing.......hot like iris.....!!!
better watch out
 Wink Wink Wink
 Clap Clap Clap
 Cool Cool Cool


also something fishy about GPA.....check it out. no contra pls.
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wombie88
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« Reply #34 on: February 07, 2011, 04:34:10 PM »

namfatt oil n gas stock rite? i think i better queue buy now 0.085!! 100% in a month should be alrite!
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LBS 0.85  TP 1.50
EPMB 0.80 TP 1.50
CBIP 2.45 TP 3.60

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八兩金
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« Reply #35 on: February 07, 2011, 04:56:17 PM »

namfatt oil n gas stock rite? i think i better queue buy now 0.085!! 100% in a month should be alrite!

pls do some research... namfatt major in construction bridge and highway, housing & condo and many more, O&G only play-play for them.
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wombie88
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« Reply #36 on: February 07, 2011, 05:04:57 PM »

pls do some research... namfatt major in construction bridge and highway, housing & condo and many more, O&G only play-play for them.
 Cool Cool Cool
 Cool Cool Cool
 Cool Cool Cool
 

SORRY, I SAW SOME FORUMERS SAYS OIL N GAS..

btw, i heard my remisier says namfatt keep selling their properties for regularisation plan which will be announced next month? anyone heard of this?
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LBS 0.85  TP 1.50
EPMB 0.80 TP 1.50
CBIP 2.45 TP 3.60

TP duration 6 months above
八兩金
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八兩金


« Reply #37 on: February 07, 2011, 05:24:58 PM »

SORRY, I SAW SOME FORUMERS SAYS OIL N GAS..

btw, i heard my remisier says namfatt keep selling their properties for regularisation plan which will be announced next month? anyone heard of this?

looking by thier properties disposal, looks like they r trying hard to come out with a regularisation plan, but dont sailang all ur bullets at 1 counter. i also told by my re miser about this plan.

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RIDLEY
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« Reply #38 on: February 10, 2011, 12:51:51 AM »

sifu  goh,just  now  got  one  guy  said  that  namfatt  sold  factory  n  land  also    can't
jump  out  from  pn17..really  worried... 
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RIDLEY
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« Reply #39 on: February 21, 2011, 11:21:51 AM »

all sifu ....any commend with counter? pls commend..
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RIDLEY
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« Reply #40 on: February 21, 2011, 11:24:51 AM »

y suddenly the latest namfatt  announcement on 31/1/2011 disappear?Huh?
any body can explain??? pls check namfatt company profile..
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