Brutus121Interesting developments...Ping Petroleum now owns about 4.9% of Hibiscus..Ping Petroleum in turn now owned 30% by DNex (other Malaysians). If Hydra Comes in it would be interesting to see how Hibiscus MD will answer to the assortments of Mat Sallehs with REAL experience in the Oil Industry.
Brutus121No Income...So all hibiscus can do now is shuffle paper... Ping Petroleum must be desperate to accept payment in kind...Hibiscus Shares!
ivan9511Last time I bought @ around 40 sen of hibiscus . WHY I heard someone tell me hibiscus don't have actual business and failed to find new business ? Last time I didn't do homework . So now lost gao gao until cannot recognised mama. Haha Now I just find out many oil counters which got actual business one lagi murah .eg. scomi. So I feel I am a stupid buy hibiscus at 40 sen. Now got some expert tell me hibiscus actually worth how much ?