Since its quite day today, the above link explain the core business strategy of hibiscus. Enjoy reading.

http://www.pressreader.com/malaysia/the-borneo-post/20170110/283115658639348

Hibiscus in deal for rig
Malaysian independent Hibiscus Petroleum has entered into a lease and leaseback arrangement with a third-party for the charter of its jack-up production rig Britannia.

Hibiscus bought the rig some years ago for the West Seahorse oil project in Australia but has postponed that project.

It is a four-legged rig so is able to withstand tougher marine environments.

Hibiscus said in its latest quarterly report that it is able to request a US$10 million prepaid lease rental from the third

Good news anyway.

Hot day tomorrow for oil and gas counter,,,, hibiscus will open higher i guess,,

This time is diffrent, oil is bullish now, as predicted,, oil company are hot hot...

Brent Crude Advances Above $50 for First Time in Six Weeks
By Grant Smith
20 July 2017, 08:15 GMT+8 20 July 2017, 20:23 GMT+8
U.S. inventories declined 4.73 million barrels last week: EIA
Gasoline stockpiles continue to fall amid U.S. driving season
Oil climbed above $50 a barrel in London for the first time in six weeks after further declines in U.S. crude and gasoline inventories eased concerns over a global glut.

Brent advanced as much as 0.7 percent. U.S. crude inventories slipped 4.73 million barrels last week, the Energy Information Administration reported Wednesday. Gasoline stockpiles dropped by 4.45 million barrels, the most since March.

This time is different. Oil price show bullish signal, even Sale producer start to support high oil price or they loose there lenders support, banks, rating is in jappordy. I guess this is the best time ever to buy all oil conter stock. It is a global phenomenom..

From the announcement of yesterday, it is confirmed that mr Ravi one of Perisai biggest bond holder, has dropped his charges against Perisai. This means they reach agreement . Next Perisai will be out of PN 17.

Thanks fortune888, all good news, lets hope other feel the same.

Congratulation for admitting that,, lets see who is or who is not, i am holding my share at least till 31 August once Perisai show some new contract for 102 and 103 drilling modu..

Brent oil price close higher yesterday night in usa, now 49.70 usd/bbl. This is a bullish number, oil mrket is bullish, oil stock in the us is declining for the 4 weeks consecutive,, this is the sigh that oil company and investor should look at and has been waiting for. Hope all oil counter to da well today.

The Saudi just annouced that they will cut 600,000 barrels a day in August.

One reason oil trader pushing the oil price down is to massivally collect cheap oil price later on befor it move above 60 usd,,,

No one mentioned the decrease in oil production of venezualla, since july 2016, oil production is declining, venezualla is a member of opec and istand at number 1 whenb it comes to oil reserve .
https://tradingeconomics.com/venezuela/crude-oil-production

Crude oil price recover now 47.10 usd,,

Lawsuit claim initiated,,

Hibiscus operators are not different from other, they will try to take your share cheap and collect again,,if you are a daily trader, hold if you are a long term, this may be oppurtunity to buy more if price go down,,

Today business a usual,,

Bloomberg is to blame, they are the number one munipulater, Russia denny the accusation, now brent recover to 48.37 usd,, and will continue recovering, two days ago in wall street, the share were down unexpctidly and it was due to error in sowtware, this is what happening now, bloomberg give a signal to wall street and wall street operator pushvthe share down and blame it on the software when people start investigating,, better look to long term and not to truss the news, especially bloomberg new,, hold if you can,, anything can happen now,, a statment from russia was not posted on bloomberg, only the text,, oil trader want an excuse to take profite and buy back,

What was the value of Perisai new contract? Was it 47 milion usd or RM? Usd lah,,,

One more day to go, 5 july is the limit,, need more director to hand their resignation tomorrow,,

One ANZO independent director could not take it anymore, he handed his resignation, smart move befor a lawsuit start, interpol intervention and other.. next...

Brent price will touch 50 usd by tomorrow morning, fasten your seat belt.. Hibiscus is very atractive to buy.

Perisai will open higher today, as oil price keep going up, now 49.62 usd, perisai may close at 0.065

Brent oil price is up now 49.62 usd, hibiscus will open higher today, 0.440 or above,,, hibiscus gross profit for every oil barel produce is now up to 34.5 usd..

Still Two days to go..

Hibiscus can hire Perisai for drilling activity, very atractive price, they should talk and plan further...

Afternoon session willl continue uptrend, buy at 0.430 or higher befor to late, still safe, the week just started,, 144 milion share for private placement may start this week and this will push the share above 0.455.

Oil open higher in Azia, now 48.94 usd,, hibiscus will open 0.435 or above...last chance to buy..

I will sue Bursa Malaysia too by not issuing UMA to ANZO and demanding explanation for share surge to 0.6 and fall to 0.13,, also will sue any politation involve in cover up or support. 5 july is the mile stone..

Just paper work, nothingvto worry about,,

All i want that an independent investigation,,

You guys talk as mutch as you want and blame eachother, me i go straight to the source....you with me or not?

Reminder, By july 5, if ANZO share not reaching 0.2, will sue bursa malaysia operators for scaming the share holder..

Hibiscus share will open higher next monday,, perhaps 0.430 will be reasonable.. considering the uptrend in oil price of 2.75%..

Monday Perisai share will definetly open higher,, perhaps 0.065 ,,,

I guve ANZO operator till 5 julyvto rectify...or justice next.

25 years of trading internationally, i never had this situation where the share drpped from 0.6 to 0.13 in a one month time, especially when the company had announced severall new project values at about 500 milion ringgit or more, and issued share right at 0.2 including free warrent at the time the share value was 0.3 to trapp you in,, and during or befor the share exersiced the share kept dropping and dropping,, to its lowest ever.... its is easy to prove that it is a scame,,,,i indeed lost money in ANZO but i can proudly say that i made 10 times more in trading other stocks sofar...

Paper loss 40k RM.. i want it back,,will get it back, leagaly and fairly..i will suw the operator even if i had to spend 10 times more.. it is a priciple matter to me. I never experience this befor in my 25 years trading, such act by ANZO is definettly illigal and shall be investigated..

Will switch to energy stock, perisai, hibiscus, senergy, armada, etc..

Will invest in energy stock now

Sold all with lost as usual, this counter is dead to me..

Sold all,, good luck to all of you..counter too boring.. lost enough here.

ANZO will need alot to explain why it share keep faling without any announcement,, We need an official statment from ANZO now.

I will ask to identify all of you in this counter, one by one,, those who are clean should not worry, but those who try to cheat and steel our money, will suffer badly, you better run befor too late.. my share will remain with me till this issue solved...

More analyst waisting our time,, you guys all dump and lost in space..there is people behind that butten and those who decide where the share price go,, for those people,, i remind you,, that by 5 july if the share price do not reach 0.20,, i will report a full investigation of ANZO and WBW, ready to spend 100k on a good lowyer firm and get it fully investigated.. mark my name.

Oil price up by almost 2.6%.. now brent stand at 48.96 usd.. this will lead to more drilling contract for Perisai,,, the futur of oil and gas company look very good now, opportunity to start buying as share value is very low now,, buy, buy, buy...

Hibiscus oil production cost still low and remain below 15 usd per bbl from Anasuria, and below 13 usd from sabah...

Not to forget sabah oil field with 9000 bbl a day,, approval is achieved, remaining some touch up signature...final announcement should be very soon,, buy befor too late.