Floating around 20.5 cents there currently ... Let's see it will rally before Raya 🙂

If excluded the reversal of provision additional loss of investment in IAAX, it did make positive operating cash flow

no need to rush converting them. It is better to wait for the parent stock to touch RM0.30 or above, the returns will be good

Current PE ratio of AAX is extremely cheap, only 1.67 x

People converted their ICULS to mother share already?

Hard to say ... https://www.aljazeera.com/news/liveblog/2024/3/21/israels-war-on-gaza-live-more-than-100-palestinians-killed-in-24-hours

Actually you can check with your broker or remisier, yauyau57 🙂

Better buy it during its weak moment, not bullish moment. Just my opinion

The opportunity to make money is right in front of you. Don't miss this arbitrage opportunity ~

Later the company will do share buyback again 😆😆

The proceeds from Techbase’s rights issue are earmarked for several strategic initiatives, including the installation of rooftop solar photovoltaic systems, bolstering working capital, repaying bank borrowings and exploring acquisitions or investments in complementary businesses

Oil prices jump after Ukraine strikes Russian oil refineries

https://www.cnbc.com/2024/03/13/oil-prices-rise-as-us-inventories-fall-ukraine-strikes-russian-refineries.html

... For investors holding the mother shares, the ICULS comes at a cost of 5 sen. Given the conversion price of 15 sen for the ICULS, this presents a significant arbitrage opportunity where the cost of converting to mother share is just 20 sen ...
https://focusmalaysia.my/arbitrage-opportunity-abounds-in-techbase-industries-rights-issue/

You can subscribe ICULS for an arbitrage opportunity, subaru88 😉😉

Bought around 95 cents before it did the share consolidation. I guess my average price now is RM2.37 ..

Very lucky for people who got the mother shares at 20 cents 😁

See how many bullets Hibiscus has left to do the share buyback again 😁

When the parent stock price is cheap, you can buy more. Then you can subscribe to more ICULS to catch arbitrage

Then we will see the company buy back the shares again, ha

People come here for arbitrage play 😁

Very volatile this oil market ..

https://www.reuters.com/business/energy/oil-prices-ease-us-crude-stock-build-fuels-demand-fears-2024-02-29/

Good chance to grab it now as the price is super duper cheap, which is below 20 cents by the way

Hibiscus will continue to grow then

Well explained in this article, can read more about its upcoming ICULS

https://klse.i3investor.com/web/blog/detail/Ifuturebest/2024-02-23-story-h-188240392-Can_You_Capture_This_Rare_Arbitrage_Opportunity_on_Bursa

Oil price has been sustaining at US 78 - 80 per barrel there and it is quite stable

@Justmeme. I see. If you got holding strength, probably can hold it until it breaks Rm1 again 😬

Oil jumps, settles up 3% on strong US economy, Red Sea tensions

https://www.reuters.com/markets/commodities/oil-prices-rise-big-draw-us-crude-stocks-china-stimulus-hopes-2024-01-25/

What's your buying price, Justmeme?

Red sea also got conflict. WW III is about to break out? 🤕

Agree with your point on buying all beaten stocks, Greensky2. However, retailers like to chase high one. What to do ? 🙃 Ha

Shorties scare to short Hibiscus one because its NOSH isn't as much as TG 😁

Heavy price correction today, it seems like 😅 But I manage to grab some at 95 cents there 🤗

Shares buyback again from Hibiscus. Still thinking to short this counter?

It's OK, let JSB go up in slow and steady manner. 2024 surely is RE theme play

Oil demand to continue to set records in 2024
https://www.hellenicshippingnews.com/oil-demand-to-continue-to-set-records-in-2024/

Don't think so. They will become substantial shareholders of JSB instead of taking over

Slowly going up. You short, you bleed 😁

Regional markets were subdued ahead of the release of US inflation data on Thursday. I think that was the reason ...

https://www.thestar.com.my/business/business-news/2024/01/10/fbm-klci-drops-10pts-after-5-day-winning-streak

Top glove's NOSH is much more higher than Hibiscus. That's why it's easy to short Top glove than Hibiscus

Very nice, JSB is reaching 52 weeks high price today 💪

Got company's share buyback, won't fall one this Hibiscus

Go green and go wild. JSB will attract more foreign funds

Hibiscus doesn't drop much btw ..

Wrote about the JSB's hydropower plant. Feel free to browse 🙂

https://klse.i3investor.com/web/blog/detail/GoGreen/2023-12-28-story-h-211480969-Can_Jentayu_s_Share_Price_Advance_Further_in_2024

Good news, Jentayu announces completion of Telekosang Hydro project as second plant attains FiTCD

https://theedgemalaysia.com/node/695400

Don't know if it can hit Rm1 tomorrow or not

Green energy is a future trend. See chance better grab chance to collect when there's a retracement

Speed up to clear up some gloves inventory due to the resurgence of Covid cases

In addition to the development of renewable energy (RE) projects, JSB is also in the process of building additional revenue streams in the form of operations and maintenance of hydro plants and the monetisation of renewable energy certificates produced by RE plants owned by the group and by third parties

By the way, it's risky to short it at this moment ..