Kris Energy

Kris Energy - From TA point of view seems rather bullish! It has a beautiful white thrust bar appeared on the 6th April + high volume and closed well at 9.3 cents. It has a Price Gap Up on the next trading day and a few follow-through session with prices heading higher. Looks rather positive.

The current price of 10.7 cents is hovering above its 20,50 & 100 days Moving Average which is quite bullish.

It would likely make an attempt to cross over 11 cents which is also coincide with its 200 days Moving Average.

Macd is also rising and may likely provide an indication for price to rise further.

 Breaking out of 11 cents with ease + good volume that may propel to drive the price higher towards 11.8 cents then 12.8 cents with further extension to 13.5 cents.

 NAV of 22.4 cents. EPS of -0.205 ( negative EPS)

 Total revenue has been generally rising but still not enough to post an profitable EPS.

 Return of Assets & Return of Equity are into negative growth . Which is not so rosy. Investor may want to take note of this.

 Debt to Equity ratios is also very high.

 his is a ultra penny stock counter. I think is good to exercise with extra cautious!

Not a call to buy or sell.

Please do your own due diligence.

Trade / invest base on your own decision.



 Kris Energy : KrisEnergy Ltd., an independent upstream oil and gas company, focuses on the exploration, development, and production of oil and gas in Southeast Asia. The company holds working interests in five producing oil and/or gas fields in the Gulf of Thailand and onshore Bangladesh. It also participates in 11 blocks in Bangladesh, Cambodia, Indonesia, Thailand, and Vietnam. The company was formerly known as KrisEnergy Holdings II Ltd. and changed its name to KrisEnergy Ltd. in July 2012. KrisEnergy Ltd. was founded in 2009 and is based in Singapore.