Don't touch. Just buy lol

It's like casino if short term. Long term TP RM 1.15

HIBISCS (Not Rated). HIBISCS surged on strong trading volume yesterday after it was given the go-ahead by Petronas to purchase a 50% stake in the North Sabah enhanced oil recovery project from Shell, closing 5.5 sen (13.41%) higher at RM0.465. Riding on the long-awaited bullish news, the stock surged to an intra-day high of RM0.51 before facing profittaking to form a long-upper shadow candlestick on the daily chart. This led us to take precaution on the stock given the strong emergence of profit taking during the intraday, whereby investors are advised to look out for an appearance of another white candlestick to affirm the uptrend trajectory, while upside resistance is capped at RM0.50 (R1)/RM0.55 (R2). Any decline below the RM0.45 (S1) support will result in the stock continuing on its downside-bias consolidation, where the next support is seen at RM0.395 (S2).

TrippleZ the new CEO of hibicus lol

Buy buy buy. TP 55 cent in short term

Just bought another 100 lots

Another hour everything will be clear. Let's wait and see

My worry is it could be another IWcity or ekovest. Limit up lol

Tomorrow morning grab if below 45 cents

If tomorrow you can get below 50 cent in the first 10 min of trading grab as much as you can. Ankahil maybe has nothing in hand. He wants us dead

Source: Public Investment Research estimates this company as RM0.60
DCF Valuation On Anasuria Cluster
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 419.9 No. of Shares ('000) 1443
Fair Value (USD) 0.29 Fair Value (RM) @ 4.10 1.19
Hibiscus Portion (50% interest) RM 0.60
If I valued the company as RM0.60, the current price RM0.47, upside about 27%, to me not really attractive. Right?
Reason for me to after this stock
Yes, this is the reason. In fact this was an old news on 12th Oct 2016.
To me, the company has great potential upside, once the company acquired this piece of asset.
North Sabah
The recent disclosure by the Group that its wholly owned subsidiary, SEA Hibiscus had on 12 October 2016 executed conditional transaction documents to acquire a 50% participating interest in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract also bodes well for the future. A

This asset has the potential to:
 Increase the oil production output of the Group by a factor of up to three times; (estimate will increase total output to 12k bbls/day, currently around 4k bbls/day)

 Provide the Group with a second revenue stream, independent of the Anasuria Cluster
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

I may sell half to profit taking keep another half for long term to enjoy its value to be realised

New TP 1.15. Tomorrow limit up 71 cent closing. The nex day rm 1.00

Tomorrow 9:00am resume trading

The management needs time to arrange to meet reporters and make the necessary announcement about the good news. Those who hold the share now should be happy

Hibicus will make announcement to the reporters tonight or tomorrow. If Good news. The share may surge to 70-80 cent short term and rm 1.00 long term

Now we are like in genting. Buy Big or a small
50:50 chance

50:50

Ok ma. If drop only 10 cents but can gain 100-300% if Sabah acquisition is success

If shoot up to rm 1.00 you have 550k bro

It could be worst sell your share tomorrow. I buy some lol

Got some panic sellers. We buy from them cheaper lol

Major acquisitions is on. Next Monday start it will surge for 3-4 days

Ok. Next Monday hope can buy another 100 lots below 50 cents

Maybe bad news maybe good news 50:50
But this company has no debt why worry?

Should reward shareholders some dividends

Next Monday buy more

He made a lot in hibicus before can play can take risk lol

Bad news is open at 50 cent

With RM 3.05 per share making 52 cents per year. Q1 makes 18 cents. Which stock can make so much money now. P/E ratio only 5-6. TP RM 4.00 gave you an upside if 20-25 %. Apa lagi lu mahu?
Special dividends coming in Q3. Better than FD

TP 60 cents being raised to rm 1.10
Regretted not to buy another 100 lots this week.
Now only can watch how much it surges next week.

Don't worry. Enjoy your weekend. Good news coming. Happy for shareholders all. Sad for those who sold early. Next week 50-60 cents liao

Maybe special dividends 20 cents lol

Don't worry. If hibicus open at 40 cent happy to buy more. If 50 cents only watch other people make money

*if Risks:*
1)the company expose to oil price risk, but as long as the brent oil price above USD30 the company still look good to me, I expect that the proposed listing of Saudi Aramco to be a catalyst of maintaining oil price stability.
*MAY17' Brent oil drop 5%*

2)if North Sabah acquisition failed to materialized, then you have to consider should Anasuria Cluster alone justified the price you paid for the company.
*Deal or no Deal?*

2)coming OPEC meeting, will output cut extended ?
*Cut extended 9months*

After 5pm make announcement next Monday resume business. Open price 50-60 cents UMA

Buy or regret TP RM 1.10
Acquisition. This is cash cow company

Should have top up another 100 lots this morning. Now only can see people make money

Open price 50-60 cent maybe

Buy or regret

I noticed that for the past year. EPF buy and sell to adjust its portfolio in many counters and do some profit taking. Maybe this method is used to pay us more dividends. Easy job for the fund manager lo

Buy now. Sell in September sure make money. OPEC extended its production cut until next year

Q1 results will be out next week. Profit is up due to higher rate of seats being taken. Growth in china tourists and Asia. Buy. TP: 4.00RM

Q1 results is coming next week. Its profit double

Next week Q1 report will be out. Good news is coming

TP 60 cent in short term.

Buy low sell high. Now it's low

AirAsia’s Outperform Rating Maintained - Target RM4.00
Author: kltrader | Publish date: Wed, 19 Apr 2017, 09:49 AM

Macquarie Equities Research (MQ Research) released a research note on AirAsia, following a meeting with the group’s CEO, reiterating their outperform rating and keeping their price target at RM4.00.

Event

MQ Research reiterates their outperform rating on AirAsia with an unchanged target price of RM4.00 (+34% total shareholder return) following a meeting with Malaysia CEO, Aireen Omar. Key takeaways include: 1) strong demand supporting its reaccelerated growth for the Malaysia entity in 2017, 2) on track for leasing monetisation this year with a guided US$900mn–1.2bn valuation and 3) ramping up initiatives to boost ancillary income given unsatisfactory performance so far.
With the potential for a special dividend accruing from the leasing portfolio monetisation, AirAsia remains one of MQ Research’s top picks in the Asian airline space. The stock trades at a 7.3x 2018E enterprise value/earnings before, interest, taxes, depreciation, amortisation, and rent (EV/EBITDAR) vs its seven-year average of 8.4x.

Tomorrow buy

Let's wait for Q1 results. Profit soars because of its delayed profit declaration for Q4 last year