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Stock

2012-02-20 03:05 | Report Abuse

SECOND CHART

RSAWIT 5113

Same Pattern for BULLISH!!

Technically Analysis Smiley

TARGET PRICE RM 1.40

http://i243.photobucket.com/albums/ff136/xyzz88/publicchart3.png

Stock

2012-02-20 01:18 | Report Abuse

Same Pattern for BULLISH!!

Technically Analysis :)

TARGET PRICE RM 1.40

http://i243.photobucket.com/albums/ff136/xyzz88/RsawitTA.png

Stock

2012-02-19 23:14 | Report Abuse

Whack RSAWIT RIMBUNAN SAWIT BERHAD 5113 TARGET PRICE = RM 1.40 (SOURCES)

http://www.investlah.com/forum/index.php/topic,38315.0.html

Stock

2012-02-19 16:55 | Report Abuse

Thank you for the information

Stock

2012-02-19 16:55 | Report Abuse

Hi Adam, I am interest join your blog pls add me email: moonseeker4896@hotmail.com Thanks !!!

Stock

2012-02-18 16:05 | Report Abuse

Palm-Oil Exports From Malaysia Seen Climbing 10% on Increased Asian Demand

(Updates price in fifth paragraph.)

Feb. 16 (Bloomberg) -- Palm-oil exports from Malaysia, the second-largest producer, may climb as much as 10 percent this year, expanding faster than local output and helping to drive down stockpiles and support prices, an industry group forecast.

Exports may climb to a record 19.8 million metric tons from last year’s 18 million tons as demand in India and China gains, Lee Yeow Chor, chairman of the Malaysian Palm Oil Council, said in an interview. The price may advance 3.9 percent to 3,300 ringgit ($1,089) per ton in 2012, according to Lee.

Declining stockpiles in Malaysia, which have held above 2 million tons since September, may help futures extend a 15 percent rally since October, boosting profits at growers IOI Corp. and Sime Darby Bhd. Credit Suisse Group AG raised its forecast for 2012 prices 28 percent to 3,200 ringgit on Feb. 1, saying supplies will be capped, while demand remains strong.

“The market hasn’t completely accounted for the amount of vegetable-oil demand that’s going to be shifting to palm oil this year,” said Erin FitzPatrick, an analyst at Rabobank International in London. Prices were holding above 3,000 ringgit on prospects for lower global soybean oil and rapeseed oil output, FitzPatrick said by phone yesterday.

The April-delivery contract fell as much as 1 percent to 3,166 ringgit on the Malaysia Derivatives Exchange today before trading at 3,177 ringgit at 11:55 a.m. in Kuala Lumpur. While the price is little changed this year, it’s rallied from a 12- month low of 2,754 ringgit on Oct. 6.

Mistry’s Forecast

Dorab Mistry, director of Godrej International Ltd., has forecast a bull market in palm oil this year as demand growth outstrips the projected increase in production. The price may reach 4,000 ringgit by June, Mistry forecast in December.

Global soybean-oil exports may decline to 8.56 million tons this year from 9.5 million in 2011, according to a forecast from the U.S. Department of Agriculture. Months of dryness caused by the La Nina weather pattern have parched crops in South America.

Palm-oil stockpiles may drop to “healthy levels” from April as shipments from Malaysia rise on growing production after the seasonally low-output months of January and February, Lee said. Global vegetable-oil demand may grow by 3 percent to 5 percent in 2012, said Lee, who’s also executive director at IOI, Malaysia’s second-largest listed producer.

‘Reduce the Stocks’

“If we can reduce the stocks to around 1.7 million tons, it will be a very positive development,” said Lee, 46, who forecast an increase in shipments of 5 percent to 10 percent. Growing demand from China, India and African countries will offset slowing imports in European countries caused by a reduction in biofuel usage and sustainability issues, he said.

Malaysian output will show “moderate” growth of less than 5 percent in 2012 after a “significant” increase last year, Lee said. Output climbed 11 percent to 18.9 million tons in 2011 from 16.99 million tons a year earlier, according to data from the Malaysian Palm Oil Board. Production may be 19 million tons this year as more plantations mature, Plantation Industries and Commodities Minister Bernard Dompok said on Jan. 19.

Malaysia is promoting new uses for the tropical oil, which include anti-oxidants such as tocotrienols and phenolics, as well as furniture made from the wood from the oil palm’s trunk, said Lee. The council promotes market expansion for the edible oil and its products, according to its website.

Indonesia, the biggest producer, cut the maximum tax rate on crude palm-oil exports last October and imposed lower duties on processed products to help the local refining industry.

If the export duty in Indonesia is helping its mid-tier refineries, one strategy for Malaysia is to go further up the so-called value chain, said Lee. “Those are very competitive” products, he said, referring to output such as oleochemicals, food esters and specialty chemicals and fats.

--Editors: Jake Lloyd-Smith, Thomas Kutty Abraham

To contact the reporter on this story: Ranjeetha Pakiam in Kuala Lumpur at rpakiam@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

Stock

2012-02-18 12:20 | Report Abuse

Biodiesel set to flow nationwide.

AT ITS height, biodiesel was the industry to be in when crude oil prices hit the roof at over US$100 per barrel (RM305) in February 2008.


At that time, vegetable oils-based biodiesel, including palm oil, was the world's next best choice over that of expensive crude oil to power up their engines. And everybody scrambled to join the bandwagon to build biodiesel plants.

This momentum is likely to sustain and biodiesel will continue to steam ahead, becoming the preferred power of choice as the green oil is set to roll nationwide.

In May last year, the government introduced the B5 biodiesel in stages. It started with Putrajaya, followed by Malacca, Negri Sembilan, Kuala Lumpur and Selangor.

B5 is basically a blend of 95 per cent regular petroleum-based diesel and five per cent palm oil-based biodiesel.

The biodiesel plan was actually put in motion back in 2006 when the Malaysian government announced it would reduce dependency on petroleum diesel and replace it with a more sustainable and greener fuel in accordance with the 2005 United Nation's Global Climate Change Convention.

Research and development was done locally and tests on vehicles on the road started in 2009, involving 3,900 vehicles from public agencies such as the Kuala Lumpur City Hall and the armed forces.

The government has put aside RM200 million to set up blending facilities nationwide to blend diesel with palm methyl ester from June last year to kick-start sales of the green fuel after a five-year delay.

The government has assured that it would continue to keep B5 diesel pricing at the pump in the central region of the country at RM1.80 per litre by absorbing the difference from world oil price.

Right now, B5 is being subsidised at the pump in the central region of the country and eventually it will replace conventional diesel.

Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said the government has allocated RM23.65 million in B5 subsidies from June to December 2011.

The rollout of B5 in Kuala Lumpur involves 247 service stations, of which about one million litres of palm oil biodiesel are being used each month.

This will contribute to a saving of close to 12.4 million litres of fossil diesel per year in Kuala Lumpur.

On top of the B5 subsidies, the government has also allocated RM42 million to fund in-line blending facilities at six petroleum depots owned by five oil companies, namely Petronas, Shell, Esso, Chevron and Boustead Petroleum Marketing.

The implementation of the B5 biodiesel will not cause any inconvenience for motorists as the price mechanism will be determined by the Ministry of Finance.

Biodiesel is here to stay as numerous research and development activities are ongoing to make the renewable energy source attractive again in the future.

There are other options available to make biodiesel, such as converting oil palm's second generation waste like empty fruit bunches.

Read more: Biodiesel set to flow nationwide http://www.btimes.com.my/Current_News/BTIMES/articles/MPOCSU/Article/#ixzz1mhhv7KuI

Stock

2012-02-18 11:53 | Report Abuse

Palm oil rebounds on global cues, up 0.5%

Press Trust of India / New Delhi Feb 17, 2012, 13:04 IST

http://business-standard.com/india/news/palm-oil-reboundsglobal-cues05/158268/on

Crude palm oil prices recovered by Rs 3 to Rs 529.40 per 10 kg in futures trade today in line with a firming global trend.

At the Multi Commodity Exchange, crude palm oil for delivery in February rose by Rs 3, or 0.57% to Rs 529.40 per 10 kg in business turnover of 73 lots.

The March contract moved up by Rs 2.60, or 0.48% to Rs 539.60 per 10 kg in 149 lots.
Analysts attributed the rise in crude palm oil prices at futures trade to firming trend overseas where it surged to over one month high after signs of US economic recovery boosted optimism that commodities demand will increase.

Meanwhile, palm oil for the May-delivery contract rose 0.9% to $1,056 a metric tonne on the Malaysia Derivatives Exchange, the highest since January 12.

Stock

2012-02-18 11:53 | Report Abuse

Palm oil exports to rise

MPOC: It may expand faster than local output, help offset stockpiles

KUALA LUMPUR: Palm oil exports from Malaysia, the world's second largest producer, may climb as much as 10% this year, expanding faster than local output and helping to drive down stockpiles and support prices, an industry group forecast.

Exports may climb to a record 19.8 million tonnes from last year's 18 million tonnes as demand in India and China gained, Malaysian Palm Oil Council chairman Lee Yeow Chor, said in an interview. The price may advance 3.9% to RM3,300 per tonne in 2012, according to Lee.

Declining stockpiles in Malaysia, which have held above 2 million tonnes since September, may help futures extend a 15% rally since October, boosting profits at growers IOI Corp Bhd and Sime Darby Bhd. Credit Suisse Group AG raised its forecast for 2012 prices 28% to RM3,200 on Feb 1, saying supplies will be capped, while demand remains strong.


â??The market hasn't completely accounted for the amount of vegetable oil demand that's going to be shifting to palm oil this year,â?? said Erin FitzPatrick, an analyst at Rabobank International in London. Prices were holding above RM3,000 on prospects for lower global soybean oil and rapeseed oil output, FitzPatrick said by phone on Wednesday.

The April-delivery contract fell as much as 1% to RM3,166 on the Malaysia Derivatives Exchange yesterday before trading at RM3,177 at 11.55am. While the price is little changed this year, it's rallied from a 12-month low of RM2,754 on Oct 6.

Dorab Mistry, director of Godrej International Ltd, has forecast a bull market in palm oil this year as demand growth outstrips the projected increase in production. The price may reach RM4,000 by June, Mistry forecast in December.

Global soybean oil exports may decline to 8.56 million tonnes this year from 9.5 million in 2011, according to a forecast from the US Department of Agriculture. Months of dryness caused by the La Nina weather pattern have parched crops in South America. Palm-oil stockpiles may drop to â??healthy levelsâ?? from April as shipments from Malaysia rose on growing production after the seasonally low-output months of January and February, Lee said. Global vegetable oil demand may grow by 3% to 5% in 2012, said Lee, who's also executive director at IOI Corp, Malaysia's second largest listed producer.

â??If we can reduce the stocks to around 1.7 million tonnes, it will be a very positive development,â?? said Lee, who forecast an increase in shipments of 5% to 10%. Growing demand from China, India and African countries would offset slowing imports in European countries caused by a reduction in biofuel usage and sustainability issues, he said.

Malaysian output would show â??moderateâ?? growth of less than 5% in 2012 after a â??significantâ?? increase last year, Lee said.

Output climbed 11% to 18.9 million tonnes in 2011 from 16.99 million tonnes a year earlier, according to data from the Malaysian Palm Oil Board. Production may be 19 million tonnes this year as more plantations mature, Plantation Industries and Commodities Minister Bernard Dompok said on Jan 19.

Malaysia was promoting new uses for the tropical oil, which included anti-oxidants such as tocotrienols and phenolics, as well as furniture made from the wood from the oil palm's trunk, said Lee.

Indonesia, the biggest producer, cut the maximum tax rate on crude palm oil exports last October and imposed lower duties on processed products to help the local refining industry.

If the export duty in Indonesia was helping its mid-tier refineries, one strategy for Malaysia was to go further up the so-called value chain, said Lee. â??Those are very competitiveâ?? products, he said, referring to output such as oleochemicals, food esters and specialty chemicals and fats. - Bloomberg

Stock

2012-02-18 11:53 | Report Abuse

Palm oil climbs

Malaysian crude palm oil futures climbed to a near two-month high on Friday on hopes that Greece will soon secure a bailout package, while dry weather fears in soy-producing South America also provided support.

The market optimism came back when a proposal to withhold part of the bailout until after Greek elections expected in April was dropped, increasing prospects of securing a deal next week and preventing the euro debt crisis from spreading.

Concerns of a smaller soybean crop in drought-hit Brazil and Argentina also lifted palm oil, which competes with soyoil for uses in biofuel and food.

The palm oil futures market is up more than 2 percent this year, the highest gain posted so far.

"Positive points to support palm oil come from the dryness in Argentina and Brazil.

Also the winter season seems to be colder than usual in Europe, so that will be supportive for rapeseed oil," said Alan Lim, research analyst with Malaysia's Kenanga Investment Bank.
"But there are still lingering concerns on Europe and whether demand will be able to sustain," the analyst added.

Benchmark May palm oil futures on the Bursa Malaysia Derivatives Exchange gained 1.7 percent to close at 3,242 ringgit ($1,066) per tonne.

Prices earlier hit a high of 3,255 ringgit, a level last seen on November 21, due in part of an improvement in the technical outlook.

Traded volumes stood at 30,764 lots of 25 tonnes each, the highest this week.

On the technicals side, Reuters analyst Wang Tao said a bearish target at 2,900 ringgit per tonne has been revised to 3,487 ringgit per tonne for Malaysian palm oil over the next four weeks.
In signs of slowing demand, cargo surveyor Intertek Testing Services said Malaysian palm oil exports from February 1 to 15 fell 14 percent to 509,107 tonnes from a month ago.

The US soyoil contract for March delivery edged up 0.7 percent while the most active September 2012 soyoil contract on China's Dalian Commodity exchange rose 1.1 percent.

Stock

2012-02-18 11:53 | Report Abuse

VEGOILS-Palm oil hits two-month high on Greece, weather

* Signs rise that Greek bailout will be approved soon
* Dry South American weather provides support
* Malaysian export data for Feb. 1-20 due Monday

(Updates prices, adds details)
By Chew Yee Kiat
SINGAPORE, Feb 17 (Reuters) - Malaysian crude palm oil
futures climbed to a near two-month high on Friday on hopes that
Greece will soon secure a bailout package, while dry weather
fears in soy-producing South America also provided support.
The market optimism came when a proposal to withhold part of
the bailout until after Greek elections expected in April was
dropped, increasing prospects of securing a deal next week and
preventing the euro debt crisis from spreading.
Concerns of a smaller soybean crop in drought-hit Brazil and
Argentina also lifted palm oil, which competes with soyoil for
uses in biofuel and food. The palm oil futures market is up more
than 2 percent this year, the highest gain posted so far.
"Positive points to support palm oil come from the dryness
in Argentina and Brazil. Also the winter season seems to be
colder than usual in Europe, so that will be supportive for
rapeseed oil," said Alan Lim, research analyst with Malaysia's
Kenanga Investment Bank.
"But there are still lingering concerns on Europe and
whether demand will be able to sustain," the analyst added.
Benchmark May palm oil futures on the Bursa
Malaysia Derivatives Exchange gained 1.7 percent to close at
3,242 ringgit ($1,066) per tonne.
Prices earlier hit a high of 3,255 ringgit, a level last seen
on Nov. 21, due in part ot an improvement in the technical
outlook.
Traded volumes stood at 30,764 lots of 25 tonnes each, the
highest this week.
On the technicals side, Reuters analyst Wang Tao said a
bearish target at 2,900 ringgit per tonne has been revised to
3,487 ringgit per tonne for Malaysian palm oil over the next
four weeks.
In signs of slowing demand, cargo surveyor Intertek Testing
Services said Malaysian palm oil exports from Feb. 1 to 15 fell
14 percent to 509,107 tonnes from a month ago.
The decline was steeper compared to the first ten days of
February when exports fell by 4.3 percent compared to the same
period a month ago. Another cargo surveyor Societe Generale de
Surveillence reported a similar trend.
But crude palm oil demand picked up, which market players
attributed to the tax-free export quotas of 3 million tonnes
that were issued early this February after weeks of delay.

Investors expect to see the effects of the quotas in the
next exports data release due Monday, as it takes time for
exporters to get the necessary documents to ship out crude palm
oil.
Brent crude traded little changed above $120 on Friday,
supported by supply concerns as European buyers sought
alternatives to sanctions-hit Iranian oil and the prospect of a
revival in demand as Greece edged closer to a bailout deal.

Other vegetable oil markets were also higher on Greek
optimism. The U.S. soyoil contract for March delivery
edged up 0.7 percent while the most active September 2012 soyoil
contract on China's Dalian Commodity exchange rose 1.1
percent.

Palm, soy and crude oil prices at 1002 GMT

Contract Month Last Change Low High Volume
MY PALM OIL MAR2 3212 +37.00 3183 3219 767
MY PALM OIL APR2 3231 +45.00 3202 3251 6254
MY PALM OIL MAY2 3242 +53.00 3204 3255 15655
CHINA PALM OLEIN SEP2 8286 +72.00 8240 8296 85110
CHINA SOYOIL SEP2 9352 +98.00 9276 9366 341186
CBOT SOY OIL MAR2 53.40 +0.35 53.00 53.54 4449
NYMEX CRUDE MAR2 102.77 +0.46 102.25 102.95 11947

Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
Crude in U.S. dollars per barrel


* Bursa Malaysia holds its annual Palm and Lauric Oils
Conference & Exhibition Price Outlook 2012 from March 5 to 7 in
Kuala Lumpur. For details, see www.pocmalaysia.com
($1=3.042 ringgit)

(Editing by Niluksi Koswanage)

Stock

2012-02-18 11:52 | Report Abuse

Whole World's Crude Palm Oil Price Bullish... Positive ****

Palm futures mart to stay bullish: Dealer

Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to continue their uptrend next week, driven by tight supply and higher soyoil prices, dealers said.

A dealer said the market would remain bullish despite uncertainty in the eurozone and concerns over export prospects if the crisis prolonged.

"The market is expected to break the resistance level of RM3,260 next week," she said.

She said two cargo surveyors, Societe Generale de Surveillance and Intertek Testing Services, are also expected to publish export data for the Feb 1-Feb 20 period.

Meanwhile, Interband Group of Companies senior trader Jim Teh expects the continuous uptrend in the market to attract profit taking, saying the prices might be lower due to the activities but they would not go lower than RM3,100.

"The market has been excellent this week and supposedly next week too.

"But I expect profit taking to take place next week and prices to go down but still hover around RM3,100 to RM3,200," he told Bernama today.

On a Friday-to-Friday basis, February 2012 advanced RM120 to RM3,213 per tonne, March 2012 went up RM90 to RM3,231 per tonne, April 2012 rose RM111 to RM3,242 and May 2012 gained RM109 to RM3,242.

Turnover for the week increased to 122,937 lots from last week's 67,361 lots and open interest climbed to 127,082 contracts from 116,457 contracts previously.

On the cash market, February South was RM80 higher at RM3,200 per tonne. -- Bernama

Read more: Palm futures mart to stay bullish: Dealer http://www.btimes.com.my/Current_News/BTIMES/articles/20120218112517/Article/index_html#ixzz1mhYXCyhN

Stock

2012-02-18 10:46 | Report Abuse

RSAWIT Going back to RM 1.40 +- Price ...

Stock

2012-02-17 22:58 | Report Abuse

RSAWIT RIMBUNAN SAWIT BERHAD 5113 TARGET PRICE = RM 1.40 (SOURCES)

http://www.investlah.com/forum/index.php/topic,38315.0.html

Stock

2012-02-12 01:19 | Report Abuse

Copy from Facebook.

Copyright @ James Luke

" Company will only buyback their shares because they know their coming earning report is going to be very good "

Stock

2012-02-12 01:11 | Report Abuse

SUPERMAX CORPORATION BERHAD

Notice of Shares Buy Back - Immediate Announcement

31/01/2012 Total number of shares purchased (units) 10,300 @ RM 2.140
02/02/2012 Total number of shares purchased (units) 189,700 @ RM 2.140
03/02/2012 Total number of shares purchased (units) 400,000 @ RM 2.120

So will the price below RM 2.14 ? lol

hey Buy Back Shares for Quarterly Report on consolidated results in 1 Week Time and DIVIDEND!!!

Stock

2012-02-12 00:53 | Report Abuse

Oversold for few days.. It surely will go up.

Stock

2012-02-11 18:27 | Report Abuse

Defensive counter will be goreng soon.

There are quite few reasons why I strongly recommend Supermx!

1. Quarterly Report
2. Dividend
3. Japan Flu ( HK China effected )
4. Call warrant Issue ( refer back to my previous post )

Stock

2012-02-10 08:58 | Report Abuse

Looks like Steady Moving.

Stock

2012-02-10 00:02 | Report Abuse

j harcharanjit a/l jalaur singh dhillon

Thank you.

Stock

2012-02-09 23:36 | Report Abuse

PAN MALAYSIAN INDUSTRIES BERHAD

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Cherubim Investment (HK) Limited Acquired 02/02/2012 191,000

Soo Lay Holdings Sdn Bhd Acquired 02/02/2012 191,000

Tan Sri Dato' Khoo Kay Peng Acquired 02/02/2012 191,000

KKP Holdings Sdn Bhd Acquired 02/02/2012 191,000

Tan Sri Dato' Khoo Kay Peng Acquired 02/02/2012 191,000



Director Keep buying... You guys Wait Apa ?

Stock

2012-02-09 23:34 | Report Abuse

Yeah. Pick up PMIND Before Late.

Stock

2012-02-09 23:22 | Report Abuse

@cheing8182.. If you lack of budget.. could look for CD.

Stock

2012-02-09 22:13 | Report Abuse

GOLDEN DRAGON BOAT? hehe

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2012-02-09 21:54 | Report Abuse

Haha.. Hope Everyone will join the Boat.

Stock

2012-02-09 19:39 | Report Abuse

KHSB 6246 News: Kumpulan Hartanah Selangor Berhad 10/01/2012 Target Price RM0.80

http://www.investlah.com/forum/index.php/topic,35866.0.html

Stock

2012-02-09 19:27 | Report Abuse

*** No Buy You will Regret ***

Why Recently SUPERMX Price Drop Because of the Expiry of the Call Warrant SUPERMX-CE ( 10/02/2012 ) Means Tomorrow.

They will take 5 Day VWAP ( 5 Day Average Price ) Before the Expiry Date
Means ( 31/01/2012 , 02/02/2012 , 03/02/2012 , 08/02/2012 , 09/02/2012 )

The bank Issuer of the SUPERMX-CE ( OSK BANK ) Sure will Press down the Price for the Premium.

After 09/02/2012 Then will Fly GAO GAO !!!

******************

I Can't Disclose Before avoid Disturb the shark's " construction " Haha....


SUPERMAX CORPORATION BERHAD

Notice of Shares Buy Back - Immediate Announcement

31/01/2012 Total number of shares purchased (units) 10,300 @ RM 2.140
02/02/2012 Total number of shares purchased (units) 189,700 @ RM 2.140
03/02/2012 Total number of shares purchased (units) 400,000 @ RM 2.120

They Buy Back Shares for Quarterly Report on consolidated results in 1 Week Time and DIVIDEND!!!

They Going To Announce Report Soon in February. That's why they Press Down for Accumulation.

Why the Share Price be Controlled... Because the Call Warrant SUPERMX-CE Expiry Date.

That's all that i able to Mention to Public.

Enjoy the Statement.!!

http://www.investlah.com/forum/index.php/topic,37484.50.html

Stock

2012-02-09 00:16 | Report Abuse

Sources Just Come Then already Post here Smiley

With Evidence.... See Yourself then will know.

Check your Tracker... BUY RATE 62% ! RM 0.055.

http://www.investlah.com/forum/index.php/topic,37497.0.html

Stock

2012-02-08 23:50 | Report Abuse

Sources ( Insider ) Like HIBISCUS.

They Holding News Right Now.

Buy Call Start From RM 0.440

http://www.investlah.com/forum/index.php/topic,37497.0.html

Stock

2012-02-08 23:48 | Report Abuse

Congratulation those follow my buy call :) Stay Tuned for New Counter...

Stock

2012-02-08 23:48 | Report Abuse

Congratulation those follow my buy call :) Stay Tuned for New Counter...

Stock

2012-02-08 18:57 | Report Abuse

Up Trend ... Buy low Sell High.

Stock

2012-02-03 13:10 | Report Abuse

HIBISCUS PETROLEUM BERHAD

New Announcement.

Further clarification to the Amended Announcement dated 2 February 2012

We refer to the Amended Announcement to Bursa Malaysia Securities Berhad issued by our Company dated 2 February 2012 with regards to the clarification of the half-yearly results up to 30 September 2011 (â??Resultsâ??). This Amended Announcement was made to clarify a typographical error in the summary page of the Results announced on 29 November 2011. We wish to emphasise that the full Unaudited Interim Financial Report for the 6 months ended 30 September 2011, which was an integral part of the Results and was attached to the same announcement of 29 November 2011, reflected the true and fair loss position of the Group. It has come to our attention that certain media reports may have given an impression that the Group incurred additional expenditure which resulted in losses for 30 September 2011 that were not reported until 2 February 2012. The loss position of the Group was in fact reported in the full Unaudited Interim Financial Report announced to Bursa Malaysia Securities Berhad on 29 November 2011.

Stock

2012-02-03 13:10 | Report Abuse

HIBISCUS PETROLEUM BERHAD

New Announcement.

Further clarification to the Amended Announcement dated 2 February 2012

We refer to the Amended Announcement to Bursa Malaysia Securities Berhad issued by our Company dated 2 February 2012 with regards to the clarification of the half-yearly results up to 30 September 2011 (â??Resultsâ??). This Amended Announcement was made to clarify a typographical error in the summary page of the Results announced on 29 November 2011. We wish to emphasise that the full Unaudited Interim Financial Report for the 6 months ended 30 September 2011, which was an integral part of the Results and was attached to the same announcement of 29 November 2011, reflected the true and fair loss position of the Group. It has come to our attention that certain media reports may have given an impression that the Group incurred additional expenditure which resulted in losses for 30 September 2011 that were not reported until 2 February 2012. The loss position of the Group was in fact reported in the full Unaudited Interim Financial Report announced to Bursa Malaysia Securities Berhad on 29 November 2011.

Stock
Stock

2012-02-03 09:09 | Report Abuse

Supporting Level Still there...

Stock

2012-02-03 00:24 | Report Abuse

Update***************

So Far News That I Received ****

LIME PETROLEUM Secure One More Oil concession in Middle-East!

Hibiscus Hold 35% Stakes in Lime Petroleum.

http://www.investlah.com/forum/index.php/topic,36666.0.html

Stock

2012-02-02 23:52 | Report Abuse

Update***************

So Far News That I Received ****

LIME PETROLEUM Secure One More Oil concession in Middle-East!

Hibiscus Hold 35% Stakes in Lime Petroleum.

http://www.investlah.com/forum/index.php/topic,36666.0.html

Stock

2012-02-01 23:44 | Report Abuse

RHB Upgraded DRB-HICOM
Fair value raised to RM3.45 Outperform

Stock

2012-02-01 23:06 | Report Abuse

Update ****

DJIA INDEX +123.00
DJ EURO STOXX 50 +44.00

No need say Much... Hoot BURSA MALAYSIA. ( KLCI ) Cool Cool Cool Cool Laugh Laugh Laugh Laugh

BURSA ( 1818 ) For Budget Allowed Investor.

BURSA-CU ( 1818 ) FOR PUNTER :p

Check Back the Last Transaction. RM 0.075 Finish Walloped! Whole Day Buy Rate = 83%

Stock

2012-02-01 23:05 | Report Abuse

Update ****

DJIA INDEX +123.00
DJ EURO STOXX 50 +44.00

No need say Much... Hoot BURSA MALAYSIA. ( KLCI ) Cool Cool Cool Cool Laugh Laugh Laugh Laugh

BURSA ( 1818 ) For Budget Allowed Investor.

BURSA-CU ( 1818 ) FOR PUNTER :p

Check Back the Last Transaction. RM 0.075 Finish Walloped! Whole Day Buy Rate = 83%

Stock

2012-02-01 22:21 | Report Abuse

So Many Positive News for DRBHICOM.
plus today all Euro and Dow all very Green

Stock

2012-01-31 21:38 | Report Abuse

Ready for Hike... GAS MALAYSIA LISTING and GAMUDA n MMCCORP JV in MRT

Stock

2012-01-20 14:48 | Report Abuse

WowW.... Easy to Break RM 1.20.

Once Break RM 1.25 , Continue to RM 1.30 :)