Last week there was a shut down in an oil pipeline in Texas due to leakage, 270 KBBL was puted on hold for almost a week, bloomberg did not even bother to mention it as this may improve the oil price... see report posted on oil and gas.. again news manupulation by Bloomberg.

https://www.oilandgaspeople.com/news/14672/repairs-to-magellans-longhorn-pipeline-completed-operations-resumed/

Brent oil price lost momentum yesterday, closed 48.45 USD, profit taking i guess, however it continued to move up in Asian market.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description ANZO HOLDINGS BERHAD
- Letter of Intent from KL Northgate Sdn. Bhd.


As mentioned in the Company’s announcement dated 13 April 2017, the time frame for finalisation of contract document and final contract pricing of the Project is estimated to be within three (3) months from the date of the Letter of Intent.

The Board of Directors of Anzo Holdings Berhad (“Anzo” or “the Company”) wish to announce that as of todate Harvest Court Construction Sdn. Bhd. (“HCCSB”) was unable to finalise the contract document and pricing with KL Northgate Sdn. Bhd. (“KNSB”) as it was advised by KNSB that they are still in the midst of revise the design due to change in development components to focus on residential development instead of shopping mall as a result of the current market condition.

HCCSB was informed by KNSB that the design revision and the contract document is expected to be finalised by December 2017. Upon finalisation of the contract document, HCCSB together with MCC Overseas (M) Sdn. Bhd. (“MCCO”) will proceed with the bidding and tendering for the Project, estimated by January 2018. Thereafter, KNSB will make decision on the award of the Project to the successful parties.

This announcement is dated 13 July 2017.

it look night to me,, another 200 lot brought teh share down by 11%. What is going on here?

tonight brent may reach 49.50 USD (too early to reach 50 USD. neverless, it is a good sign that the market is still picking up. at least this is an assurance that Hibiscus revenue is still in a very good shape.

B4B4, it has been 3 month of consolidation, when this will end? when teh private placement will be completed, i guess these two issues are related consolidation and private placement !! sooner or later Hib share holder will never accept that delay and undervalued stock.

10 lot of Perisai share seems to be sufficient to move the share price up by 11%,

20 years from now, 0.045 rm is equal to 45 RM..

Any announcement comming?

Perisai stock are still closed for today, don't know why.

time to top up and hold. Oil market is picking up very strongly. Oil price keep going up since 7 july slowly up but firmely, brent price 49.06 USD/bbl. OPEC deal is working well. Nigeria oil pipe line shit down 490 Kbbl a day missing out from the market. today meeting with Libya and Nigerian oil minister to talk about caping the production.

@rijak88, I am not trapping in your advise, what if Hibiscus share don't fall below 0.4 and keep going up?

Yinson

Keposhare, access to internet is so easy that you can do it while walking these days.. did not understand the last sentence go 0.01 ???. there shoudl be news comming by July 31 regarding teh agreement with EMAS .. also in August 31 teh two new rigs should be handed over to Perisai. hope they get new contract.

Crude global demand outlook improved.

Hibiscus and Perisai are not to be compared, Hibiscus is an oil producer while Periasi is an oil contractor.. I guess you refer to me as I hold both share since very long time and still holding. Promoting is not same as sharing fact. read my post carefully and trade at your own risk.

Since 7 July, teh brent oil price is moving up slowly but firmely, tonight if close up means will reach 48 level.. tomorrow may be a better day for all of us..

JJchan, 1 USD per share is good for Hibsicus, bring it on.

Hibiscus volume daily volume getting less and less, to me this mean the end of game for those operators who are aiming to collect by pressing down the share price. large numebr of share holders are not willing to give up it shares below 0.45 or 0.46. HOLD is the game here.

and booring

better keep the share and leave this counter, making the operator blind..

we want to see volume and share price go up...so open your ears operator..

voluem will not pick up without share price increase..

ANZO oversold..

I was expecting this, oil price in Asia move up, once reach UK and USA they brig it down. you can see clearly that the USA trader lead by Bloomberg Media doing what it take to keep the price down hoping OPEC will cut more.. it is indeed what happening make no sense at all... there is a new meeting by OPEC on 17 july before 24 july meeting..

lets hope the QR results are good, as oil average price in april to june 2017 was about 52 USD, and the production rate supposed to be higher hopefully above 3700 barrels a day, So the result should be excelent comparing to previous one.

I know one reason why the share price still pushed down, i guess once the private placement is completed the share operator will take their hand off. I think the third party who is aming to buy these share want to get it as cheap as possible since the promissed value is 10% discounted from teh actual 5 day average price.. we are talking about a transaction worth 60 milion ringgit so i am sure that operator have the upper hand here..

Yeh your right maybe now the oil price correlation to Hibiscus share price is not realy matching but some where down the line , the oil price will impact Hibiscus share value as the core revenu of hibiscus is OIL and brent in specific.. lets hope all for a good news package in one time so that the share can finaly move up..

so all are in favor of high oil price, and i think they will have to work together to achieve that..sooner or later.

I believe that now bloomberg is willing to change cource and support high oil price..we shall see..most of USA oil company are in dangers to loose again their rating, EXXON Mobile, Chevron,,and not beeing able to pay back their dept. and loos bank support.

USA and Shale company are still trying toconvince OPEC to cut more. OPEC is not willing to do so unless Shale rig count is puted on hold. They may cutthrough Libya and Nigeria, we shall see in 24 July.. So Bloomberg and otehr trying to make the market of oil pricing unstable till they get what they want.. in teh mean time the oil price will continue leveling between 46 to 47 USD for Brent and 43 to 45 for WTI..unless Bloomberg start changing cource in the way who they bring the news to the readers..

Cksam, no point to argue with you regarding Saudi output, but you should ask yourself why Bloomberg is posting such article, the Saudi has given a detailed explanation why in June the output was slightly increased, it was due to heat wave that we all saw and the additional oil was used for internal consumption, you need to see the export how much it was in June, and it was actually decreased...Only Bloomberg is to blame regarding the manipulation of story telling and the consequences of WTI and Brent oil price. They are number one manipulator.

Holiday already booked in 3 weeks from now,, by than 90s would fit to cover the cost..

So Hibiscus may toutch 0.45 !!

I guess Ezra & Perisai will figure it out through EMAS. I am not worry about that. I heard EMAS is bidding on new project and suppose to hire back Kamelia FPSO for a new field. Kamelia FPSO is now undergoing decommissioning and conversion. Today Perisai stock should move up, oil price is up yesterday night, now 48.11 USD.

as predicted yesterday, brent oil price continued upward last night, now traded at 48.11 USD. Time to buy and top up. good luck to all.

Sad story..Last 5 minute washing out 10% day gain.. very sad, bad operators here active..

one of us is the operator, a silent spy, a very nasty one, keep pushing the share down, every time people buy at 0.405 or 0.410, he sell 100 lot at lower price.? this is no more fun, its stuppid, has nothing to do with the oil price, it has to do with those who are behind the butten..i know its not me, how about you, dare to come out?

need to focus on the company fundamental..haha.. new contract in site? 1.2 bilion project is still on?

yeh, do him a favor an buy it at 0.15..

in the 70" when OPEC cut the oil supply to US, the US media start to publish a fake news about descovering a new type of car engine that run on WATER.... now Bloombrg and otehr US media are doing the same, fake news to get OPEC agree on additional cut.. let see..

give it a few 30 minutes, and we shall see.

47.29 USD

oil moving up now 47.19 USD..

today hibiscus may close 0.415..

Yesterday at this time the oil price start to fall, today in contrary the oil moved up, means that it may continue toward 48 USD by tomorrow..

some one as usual is collecting the morning press down price..sooner or later the share will jump up so fast that no one will catch it..HOLD or top up is the best way to go..

if i am not mistaken, today morning volume is too low, this afternoon session will have to swallow at least 6 milion additional share,,,

same goes to Hibiscus operator, keeping the share price down..

its amaizing how ANZo share keep faling no end in site..and still with high volume, but i guess not today, today is different , i feel something is going to hapen today..