T2 and T3 lol

T3, hope the market can digest the 800 millions share sold last week

If contra players can't pay on T4, Tuesday and Wednesday. 55 cents is a good buy next run may hit 80 cents

Last Thursday and Friday buyers 400-450million daily. If they hold with cash, then Monday shoot up but if they play contra it's going to be disasters. I have sold mine too early at 58 cents after holding for 6 months. My personal view is that when others are greedy we must be careful. I will buy back depends on those who play contra willing to sell me lo

When others are greedy we must be careful, when others re fearful we must be greedy

Next Monday-Wednesday T3 T4, when the water is low tide only we can see who is swimming naked. Those who play contra here. I advice you guys beware

HIBISCS (5199), Please be caution.
Author: Alipapapa | Publish date: Fri, 22 Sep 2017, 11:36 PM



HIBISCS forming "shooting star" - The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level. The candlestick forms when prices gap higher on the open, advance during the session, and close well off their highs.

From the chart, we saw such scenario also happened before which i highlighted in the chart. Everytime come with huge volume.

So please be caution in trading this stock.

Next week can hunt for better buy. 50-55ct

http://www.klsescreener.com/v2/news/view/283673

Next Monday and Tuesday buy back at 50-55 ct

Be careful when other le are greedy

Yesterday big wolf came and eat all the sheeps.

KUALA LUMPUR (Sept 20): Public Investment Bank Bhd has initiated coverage on Hibiscus Petroleum Bhd with an “Outperform” rating at 47 sen and target price of RM1.06 and said Hibiscus continues to deliver production from its first producing field, the Anasuria Cluster in UK with average circa 3500bbls/day, anchoring its position more prominently amongst its oil peers.

In a note today, the research house said it remains positive on the Group’s performance, reaffirmed by its ability and perseverance to continue securing producing assets.

It said in October 2016, the Group announced another milestone, the conditional sale and purchase agreement (SPA) for the Group to acquire the 50% stake of the North Sabah Enhanced Oil Recovery (EOR) PSC.

“We are initiating coverage on Hibiscus with an Outperform call with a target price of RM1.06 premised on our sum-of-parts valuation.

“Our valuation is based on the relative undervaluation of Hibiscus’ Anasuria Cluster asset valued at RM0.58 based on our DCF valuation with an 11.0% WACC, and after close review of its upcoming North Sabah acquisition based on its 2P reserves only, we believe would add another 48 sen to the Group’s fair value,” it said.

TP:1.10 based on Anasuria and Sabah acquisition. Australia is a bonus

Buy now when others are fearful

Just enjoy the ride soon. Buy and keep before the announcement of Sabah acquisition

9/9 North Korea Independence Day. More missile strikes oil up up up

1. First strength: Hengyuan profit is closely related to gasoline and other products crack spread (refinery margin). Its gross profit is quite predictable just by monitoring the product future spread data.

2. Second strength: Hengyuan major customer is Shell and they got export 10% of their product to Singapore. Their business is very recursive and there is also possibility of export to china. In short, demand for their products is not an issue.

3. Third strength: Low risk of debt impairment as their customer is international oil giant (Shell)

4. Forth Strength: High profit visibility in Q3 from the fact of high average crack spread data and possible inventory gain

5. Fifth strength: High Free Cash Flow from operation which I would say it is like a CASH printing machine if refinery margin can be sustained at USD9 or above.

6. In my opinion, the possibility of another planned maintenance is low in Q3 as they just have it in Q2. Even we assume there are 22% of down time due to maintenance in Q3, the gross profit that I can calculate for HY is still very lucrative.

Before I end my report, let see some of the recent news on damages caused by US Harvey hurricane on its refinery facilites

When others are careful, we must be greedy. Buy at cheap price now. Sell at 45-46 cent

Maybe can sell some above 50 ct accumulate below 43 ct

Tomorrow must buy back at 42 ct if it drops

Tomorrow good chance to pick fr T4 sellers

Profit taking

When others are greedy, we must be careful. At the current situation, not greedy enough from public. Hold or profit taking some maybe good

I que to buy at 40.5 cents can't get le

http://www.orientaldaily.com.my/s/206792

Next week OPEC meeting. Further cut possible. Just hold for a week can make 10% profit maybe

Q to buy at 40.5 cents still can't get. Possibility to hit 43-45 cents in short term. Crude oil hit 50 d

Sell lo

The investors money is safer for a debt free company like hibicus. Even if the oil price drop below 40, the Ricsk for hibicus is low

Crude oil 52-53. Next week let's see

Unless Q2 results positive and management decided to give a small dividends for shareholders to hold for long term

Our base case fair value of RM0.60 is premised on a DCF valuation of Hibiscus? 50% stake in the Anasuria cluster with a 11.0% WACC. We are also positive on a further upside boost of an additional RM0.55 with the potential acquisition of the North Sabah asset. The total fair value of Hibiscus would therefore be RM1.15 if the acquisition is successful, pending approvals from Petronas. The base case scenario however of RM0.60 still offers a potential 37.1% upside from current share price.

Duke highway is a money printing machine. Managed to accumulate more at rm1.1. In the short term may hit rm1.2 very soon

If below rm 3.1 it's very attractive to accumulate this counter more.

EKOVEST – Bullish Harami Formed. Institutional Shareholders Increasing. What's Next?
Author: Chang Wt | Publish date: Sat, 22 Jul 2017, 12:01 AM

On 17th July, a bullish harami was formed. On the next day, the price of Ekovest surged to the roof.

Today, we have seen a same pattern being formed, also a bullish harami, following the price consolidation yesterday.

Will this also result in another price surge coming Monday? Will the double bottom chart pattern continue in a W shape coming Monday? Will there be another long green candle formed coming Monday, just like 18th July?

Note that in the volume distribution chart, big sharks in the tiers of >150K and 50-150K have entered in the afternoon session.

The margin of safety for this stock has definitely been increased, from RM1.55 set by UOB Kay Hian (without the RM16 billion land swap deal factored in yet), Ekovest may well be worth a RM2.00 target price now.

To ride along the double bottom bullish breakout or not, it's your take.

Hint: eNanyang has, today, revealed that among all the construction counters in Malaysia, Ekovest has topped them all. At number one with the highest order book, it currently sits at RM127 million orderbook. At the current price of RM1.13, would you believe it is undervalued?

(Source: http://www.enanyang.my/news/20170721/2052%E4%BA%BF%E5%90%88%E7%BA%A6%E6%8A%A4%E8%88%AAbr-%E5%BB%BA%E7%AD%91%E8%82%A1%E7%81%AB%E5%88%B0%E6%98%8E%E5%B9%B4/)

MITRA的盈利已经连续17个季度YOY保持成长，但是股价却一直停滞不前。MITRA在1年前的7月15日是RM1.32，一年后的今天才也是RM1.32 (5仙的股息刚刚在7月14日除权), 持有1年的股东赚了5仙的股息之外什么也没有赚到。
现在MIRA的盈利是历史新高，可是股价距离新高的RM1.45还有10%的空间。这个情况跟去年的MAGNI非常相似，盈利一年4个季度都在增长，但是股价却不升反跌。不过MAGNI在积累了1年之后，股价在今年终于爆发了75%之多。MITRA是否可以步上MAGNI的后尘，那就让时间证明吧。
建筑业务是MITRA的主要业务，公司今年的目标是【至少竞标到10亿令吉】的合约。而且2017下半年会有许多大型合约颁发，MITRA或许会有机会分到一块肉。
此外，FY2016产业部门的营业额从2015年的RM55.186 mil增长到RM89.641 mil，PBT也从RM1.643 mil增长到RM26.607 Mil。最新的季度当中，未进账的产业销售从去年Q4的RM160.81 mil 上升到RM204.31 mil。而且管理层在Prospect里也说到产业部门在FY2017会贡献更多的营业额，加上最近才在Puchong推出了PRIMA可负担房屋，2017年的产业盈利贡献有可能会是一支【奇兵】。
南非的业务在2017年预计会疲软，因为未卖出的产业是比较贵的。现在有RM7.25 mil的Unbilled sales在手，盈利贡献明显早下滑。
MITRA现在的下探空间非常有限，但是上涨空间却非常值得期待。HLG给的Target Price是RM1.89，因此这家公司不宜短线操作,需要耐心持守才能获得回报。

Source: Public Investment Research estimates North Sabah as RM0.55
DCF Valuation On North Sabah EOR PSC
Cost of Debt 5.0%
Cost of Equity 12.7%
Risk Free Rate 3.8%
Market Risk Premium 9.1%
Beta 1.0
Equity 77.8%
Debt 22.2%
Terminal rate 2.0%
WACC * 11.0%
Total DCF 386.6 No. of Shares ('000) 1443.0
Fair Value (USD) 0.27 Fair Value (RM) @ 4.10 1.10
Hibiscus Portion (50% interest) RM 0.55
The valuation of the company become
RM0.60 (Anasuria Cluster)+ RM0.55 (North Sabah) = RM1.15
Maybe I am too optimistic on this valuation, how about 30% discount
RM1.15 x 30% = RM0.80 still has 70%+ upside on current price

Last eeek manage to get some at 1.10 hope that next Monday can rebound to 1.2-1.3

Tomorrow buy more

Buy now sell some at 45 cent keep some for breakthrough 50 cent

Its best time to accumulate more now, buy at 40.5 cents.

Oil will rebound more next week onwards. Europe consumption for oil increased tremendously. Our oil stock may start to see blue sky soon

Buy at your own risk and judgement

Download klse screener app from your App Store. Very good app

Those who sold at 41.5 cent now only can watch the stock to surge further

Hgher the oil price we are expecting hibicus may make profit and hope to receive first dividend ever lol

When crude oil was 130-140 last few years. Hibicus hit rm 2.00 before lo

When Brent oil was usd 55 hibicus was 55 cent

Buy buy buy. TP RM4