Correction, Wednesday,,Thursday,,,time fly fast...

Many investors made big profite on thursday and consolidate it on friday, 5 to 6 figure profite and if tgey are smart, they kept some shares,,so they have now big cash to enter again at any given positive sign,,to encounter all counter player,,,, i am very intresting about what next week will be,, Chears,,

Hibiscus may request to suspend the trading next week to allow for his sabah deal announcement, so if you are a contra player,,you should think twice before you dump your share cheaper as the share will definetly open higher once the trading resume.. i suggest to top up regardless till the announcement is made public..

Contra player can only efford to drop the share to 0.6, if drop below, new investors will buy and leave nothing to contra player,, contra player will lose massif money and they shall have to explain it to their bossesssss,, bose wil say YOU ARE FIRE......

If panic selling not happen, contra player will enter massivally, the share will rise without stop to at least 0.725 on Monday..so if you own hibiscus share, do not sell, keep,, buy more if go down a bit,, indeed month after month contra player were trying to keep the share down, so that everyone of you give up and sell, if you are the one who hold , good for you,, you are rewarded massivally,, the lets this a good lesson for all.

Petronas have reserved 6.5 billion ringgit for local malaysian oil and gas companies for MCM, maintenance for this year and next year, he has been holding these contract till the oil price start to go up, now oil is up and so maintenance contract can now be signed, Perisai can surrally get some jobs for it so as Alam shipyard, Sapura,,

Contra player average price is still below 0.6, so there is no reason why they will not pay on T4,,,,

Oil price may further rise to 80 usd if the referedum held in Iraq kurdish destrict..

https://www.bloomberg.com/news/articles/2017-09-20/iraq-s-kurds-seek-independence-what-impact-for-oil-markets

Oil is on bull run and it may get more bullish if the kurdish referendum take place, oil may touch 80 usd/bbl.. read the link and you will understand how important not to have this referundum.https://www.bloomberg.com/news/articles/2017-09-20/iraq-s-kurds-seek-independence-what-impact-for-oil-markets

Oil and gas counter are hot counter, the trend will continue upward untill at least november 2017..

Those who scare you to sell, means they want to collect and when they collect eventually the share will go up, so many people posting here bad news, this can only means that they are waiting you to sell to them and steel your profite.. keep your share or topup faster then they do if share goes down, eventually the share should reach 0.8,, 0.9,, 1.0 and 1.10,,,by no later than this year,, those who bought on wednesday and thursday 870 milion share they know what they are doing,,and they will make sure a good return for their investment,, join the ride tomorrow, prepare cash to top up and buy more, be smart and truss the company fundamental, do not panic,,,

Hitman , dompeilee, thanks for sharing the link above, very intresting.

Perisai do perform MCM servecis for Petronas Rigs...

http://www.thestar.com.my/business/business-news/2017/09/23/oil-and-gas-shares-back-on-investors-radar/

And i guess they will come out clean. Restructuring plan will have to be presented befor 11 october or get extention. Oil and gas price is booming and local company will benefit the most.

With a 47 milion usd contract booked 3 weeks ago with Petronas, they will come out, if not Petronas will make sure they do.

This is Hibiscus vision to become major oil producer company in 5 years measured from 2011,!,

Anasuria + sabah + west seahorse total oil production net for Hibiscus is above 20000 bbl/ day,!,

Also, lets not forget West seahorse field, estimated production is 12000 bbl Hibiscus share is 51%.

Razi, i like your estimate/ analysis, just for your info, Hibiscus net share from Sabah is 9000 bbl ( not 8000). Sabah cost of oil production is only 13 usd, all and all you need to add these into your net profite estimate,,,

Brent close higher 56.86 usd.

https://www.bloomberg.com/quote/CO1:COM

My share average is below 0.26 and i do hold sfares in milions, still holding. I am a long term investor, not realy bother with the daily share value, but i do follow Hibiscus daily. Look back a year ago, hibiscus share is up by 300%. Hoever it still below its real value as of now..

Contra player, go talk to your bosses,, there is alot to gain, before too late, buy Hibiscus at current level, there is still big margin to realise to RM 1.06...

Read my blog back from month and month, i was advising all of you to buy when hibiscus share was at 0.410,, do you remmember that?. Go to my blog comments and you will read about my blog.. and for you contra player, join us to move to rm 1.06 faster and gain for all,,

Rm 1.06 coming,,, those contra player are after your share, you have waited so long to be at this level, 3.5 cent lost on Thursday after 470 milion sharex of contra player dumping did not panic me at all, i keep my share regardless, those contra may be able to bring the share down a bit but this will be temporary,, so prepare more cash to top up. some of you may sell to take profite so if you sell, sell high.. above 0.7, big reward is what you have been waiting for,,not a small one, yes be greedy this time..

PB shall garenty TP RM1.06 sooner or later..we shall follow up on this next week

Big share holders did not sell any of there shares and those are institutions, if they sell they have to announce it, there is no announcement done. So floating shares already absorbed last wednesday and thursday,,,,

Hibiscus will open higher on monday, i do not expect selling presure to continue, those who envisage selling presures are those who already sold their share.. 880 milon shares traded already from 1.5 bilion shares, so my opinion is that the share will move up again faster then we think..

Brent oil keep going up and up,,now 56.83 usd. There is no sigh of weakeness in oil price. Good for Hibiscus. Average oil price for last quarter will surpass all expectations, it may me at 53.5 usd. With production cost remain at low as 13 usd, Hibiscus quarter revenue will be at least higher by 20% comparing to previous one. The net profite may increase to more than 40% due to less tax... my TP still RM 1.15 by March 2018.

Perhaps the waited announcement will be on Tuesday.

Selling presure already taken care on thursday 21 sept with 470 milion share traded, no more outstanding shares floting, very few now operator cleared the way to 0.7 or higher, next monday and tuesday can realise the target,, hold if you can, buy more if you still have cash free,,, good luck to all trusted and courage share holder..

I still hold my share , i think rebound to 0.7 will have to happen next week especially befor any announcement,, lost of 3.5 cent of tiday with 470 milion share traded show how resilient hibiscus is and his shareholder know its value..

Opec will extend the oil production cut till end 2018, this will ensure high oil price above or in the range of 55 to 60 usd. 20000 bbl per day, enough to score at least 4 time higher income and higher net profit for hibiscus,,,truss in the company fundamental,,, as i alwayse say..

Oil price still high holding above 56 usd.

Announcement ... should come soon..i guess...better hold.. buy more, top up,, either it go back to 0.7 or remain at current level...

New wave of buying will come soon, i hold..

Public bank reputation is on tbe test..TP RM 1.06

Today will close 0.70?

Kennie1, go play in your yard...

Oil production cost is only 13 usd/ barrels,,,

https://www.bloomberg.com/quote/CO1:COM

Wotr, that is not correct, crude oil is up and remain above 56 usd..

Buy, buy, buy, last chance,,,

Time to reload and collect,,,

Healthy day correction, do not panic,,,

200 milions share in less then 1 hour morning sessions,, buy volume 60%.. good day to start with,,,, no panic,,

Johnfatt, take a work break and enjoy, like me..hahaha

100%..