More contracts and projects to come

So hai selling now... Lol...
Oil going to reach Usd100 to 200 perbarrel soon.

For hibiscus to overtake Rm1.00 is not impossible.
We will be looking at RM1.50 to Rm1.90

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Well-See-200-Oil-Russia-OPEC-MinistersBlastIEAs-Net-Zero-Plan.amp.html

Tomorrow 100% limit up

https://www.google.com/amp/s/www.oedigital.com/amp/news/488249-oil-jumps-to-two-year-high-strong-levels-here-to-stay-analyst-says

https://www.google.com/amp/s/www.wsj.com/amp/articles/options-traders-bet-on-return-of-100-oil-11623061227

Tomorrow we ikan bilis will chase after sharks.
Together we can.

Up till 100usd per barrel
https://www.google.com/amp/s/www.wsj.com/amp/articles/options-traders-bet-on-return-of-100-oil-11623061227

https://www.google.com/amp/s/www.wsj.com/amp/articles/options-traders-bet-on-return-of-100-oil-11623061227

https://www.google.com/amp/s/www.wsj.com/amp/articles/options-traders-bet-on-return-of-100-oil-11623061227

When is ex date to be exact?

Tomorrow will slowly up.
Oil booming coming

Please hold till econberhard rise above Rm1.00

They have good technology but need to dos omething indeed

KUALA LUMPUR: KNM Group Bhd has been awarded a US$23 million (RM93.6 million) contract in Germany by energy firm Vattenfall Wärme Berlin AG.

In a filing to Bursa Malaysia today, KNM said the contract, which was secured by Borsig Service GmbH, is for the overall engineering, delivery, installation and commissioning of equipment, piping systems, process control and integration of the energy/heat storage vessel for Vattenfall Energy Storage "Reuter-West".

High TP Rm2
Will only let go when it reach Rm2

In 2021, Tengku Yusof said the group’s subsidiary Perdana Nautika Sdn Bhd was awarded a licence by Petroliam Nasional Bhd (Petronas) to provide marine vessel chartering services to the national oil company and its petroleum arrangement contracts.

“The group aspires to be the leading and preferred offshore marine operator for the upstream O&G industry in the region, ” he added.

Perdana plans to modernise its fleet of OSVs to phase out the older vessels as the fleet’s current average age is about 10 years old.

“The fluctuation of charter rates in 2021 could start to take a toll on older vessels that are more expensive to operate. In light of this, a fleet replacement programme for ageing vessels is anticipated to be launched for cost efficiency optimisation although the extent of this project will be subject to market developments and funding considerations.

“The fleet replacement programme is a component of the group’s business sustainability plan to bloster utilisation rates for its main business AHTS and AWB fleet categories. It will be part of the group’s strategy to drive operating cost efficiency in 2021, ” said Tengku Yusof.

Remember high risk... High gain...
So don't kondem serba

https://oilprice.com/Energy/Oil-Prices/Well-See-200-Oil-Russia-OPEC-MinistersBlastIEAs-Net-Zero-Plan.html

https://oilprice.com/Energy/Oil-Prices/Well-See-200-Oil-Russia-OPEC-MinistersBlastIEAs-Net-Zero-Plan.html

https://www.thestar.com.my/business/business-news/2021/04/29/clear-earnings-visibility-for-sapura-energy

If according to shinobi...
When emo done.. Serba will start to rise again.

Once again I want to say....
Listen carefully....
There is nothing wrong with Serba..
only KPMG too emo.
If emo then just emo alone.. Why pull Serba along as well...

Look like the answer is yes....

LittlePony Oli out put x2. Profit x2. Oil price 70+
Share price 0.655x2 = 1.3???
Lol....

Seems like all news is talking about oil booming....
Congratulations to those that been holding before covid era

Just hold but not for years la..too long.
We need money also from time to time..
Of course we can't sell early and use holding power.
Sell only when profit reach 300 to 500%

Serbak won't Holland LA...
Is Malaysia flagship...
We see how Sapura goes..
Hopefully TP0.30 then 0.50

https://www.reuters.com/world/china/sinovacs-covid-19-vaccine-gains-china-approval-emergency-use-children-2021-06-05/

Today TV world wide breaking news..
Seems like Sinovac applicable for kids

Now everything and anything is Pharma..
Hold your pants tight and you will reaps the rewards.

https://www.theedgemarkets.com/article/bangladesh-approves-sinovac-vaccine-emergency-use

No high risk at all 0.14
Can't even buy an egg.
If reach 1.00 lagi sedap..
Anything can happen.

Not persona.. PERDANA...
No 4 is Dayang

Not persona.. PERDANA...
No 4 is Dayang

Sapura is Malaysia no 2 petronas
Hibiscus is no 3 petronas
Persona is no 8 petronas

https://www.thestar.com.my/business/business-news/2021/04/29/clear-earnings-visibility-for-sapura-energy

Just give Sapura some time..
Oil just reach high..
It might rocket or fly...or slowly climbing up..
No one knows...
I just park first and use power of hold.

Sapura can reach 0.50 if time is right...

I won't be surprise is Sapura sitting at 0.40

Hibiscus to rocket on Tuesday.
Turboooooooooooooo up!!!!

One dump and few more rounds of pump.
Pharma going to manufacture Sinovac soon.
Biggest project in SEA

Next big show is hibiscus

KPMG need other people to audit..
I heard they asking non-important things..
Like address and tel no..
Serba did they reply most of their questions

Just some small unanswered questions from kpmg all run father mather.
Salute you guys..

2.70 historical high.. I pikir...
Potensi tinggi

Sapura to follow Armada and Hibiscus soon..
Will rocket anytime..

Quite possible will cross more than RM1.....
Tp1.50

KLSE Screener KLSE Screener

Hibiscus delivers on its promise
TheStar Fri, Jun 04, 2021 09:30am - 1 minute ago



Analysts were generally positive over the development, with most maintaining their “buy” calls on the Hibiscus stock.

PETALING JAYA: Hibiscus Petroleum Bhd’s acquisition of exploration and production (E&P) assets in Malaysia and Vietnam from Spanish oil and gas company Repsol Exploración, S.A. is value-accretive, especially given the current healthy oil price environment.

Analysts were generally positive over the development, with most maintaining their “buy” calls on the stock.

In a report, BIMB Securities Research said the acquisition which will cost US$212.5mil (around RM877mil) suggested that the company is delivering on its promise to acquire producing assets.

“Once the purchase is completed, we believe this will enhance its profile as a capable and prominent E&P player hence opening up opportunities to acquire larger assets including Exxon’s Malaysian asset, ” it said.

AmInvestment Bank in its report said the value-accretive transaction translates to an attractive US$2.72 (RM11.22) per barrel of oil equivalent, half of Hibiscus’ existing enterprise value/proven and probable reserves or EV/2P, which is a ratio used to value oil and gas companies’ reserves.

Generally, a lower value would imply a potentially undervalued company.

“Based on the enterprise value for the group’s existing 2P reserves precluding any new acquisitions, Hibiscus is currently only trading at US$5.40/barrel (RM22.27) – at a discount of 41% to its closest peer, UK-listed EnQuest, and half of the regional average.

“This is compelling given the more optimistic crude oil price environment, ” said AmInvestment in the report to clients.

Hibiscus has already issued RM204mil convertible redeemable preference shares (CRPS), the initial tranches of a proposed RM1bil programme to fund such an acquisition, it added.

That said, Hibiscus has not said how it plans to fund this purchase.

“The company is committed to announce the full details of the proposed acquisition by June 4 following clearance of the relevant disclosures by industry regulators, ” Hibiscus said on Wednesday.

BIMB said it expected this asset to more than double Hibiscus’ 2P reserves and production.

“Nonetheless, we made no change to our earnings forecasts pending more details from the company, ” it said, reiterating its “buy” call with an unchanged target price of RM1.20.

“We think this is fair given potential earnings contribution from the acquisition of this asset.”

AmInvestment, meanwhile, also maintained its “buy” recommendation on Hibiscus with an unchanged sum-of-parts-based fair value of 85 sen per share.

The company which suspended its stock to make way for this announcement yesterday, will resume trading on Monday.

At last look, the stock was at 65.5 sen, valuing the entire company at RM1.3bil.

Be patience

Hantammmm