roy if you've been holding sumatec since 2014 (when it was 0.5RM) you are not the purest... you are by far the poorest (and dumbest).

@JayC Tapis oil is produced offshore Kertih, not Sabah. The Malay Basin is a separate petroleum system from Sabah.

Anyone know hibiscus hedging strategy? Do they hedge some of their oil production or sell everything at market spot?

whaaaaat is going on guys... all my previously terrible holdings are killing it today: Hibiscus, DNEX, Sumatec, THHeavy??

CalvinTanEng should change his name to Chicken Little...

Anyways relax bcs the sky is NOT falling.

Earnings of 0.76 per share at a realised oil price of 41$/bbl is amazing. Especially compared to peers like Reach (-0.06/share). The company was very clear that their last quarter earnings were mostly reflecting a one time tax credit...

This is a great opportunity to buy shares from those morons who panicked.

Amazing Roy, *clap clap*

Truly amazing that you haven't learned ANYTHING from your previous mistakes.

MrRoy Sold at 0.55..

Ahhhahaha Roy had to swallow his pride and bought back in?!?! After all that trash talk?!?! Can't wait until he does it again at 0.6

oil stable, hibiscus up, and ROY talking nonsense while losing his money... all is right with the universe again.

I'm back in... 500,000 share at 0.46

I sold on friday at 0.495

Thinking of re-entering today at 0.46

all O&G counters get hit at the same time yet oil price is stable... why?

just sold my 580, 000 shares @ 0.495.

Total profit 149, 950

I still believe in this stock and will re-enter when the time is right.

The elite MrRoy is back!! and still trolling after he sold everything at 39 cents! SHUUUSH whats up ROY... got that honda civic yet??

"prepare to be roasted"... said MrRoy 2 weeks and -30% ago.

Read MusangK1ng post. dude has got the right mentality.

Never have so many bears talked so much sh!t and been so wrong...

Simply read the balance sheet. This stock will continue to rise due to fundamentals. Regulatory approval for Sabah asset is the icing on the cake. Firming oil price is the cherry on top.

holy sh!t. blast right thru 51.

Whats up ROY??!! SHUUUUUSH

OPEC cuts will begin to be tallied in late January. If compliance is high oil could reach 60$... Last time oil was 60$ (2015) hibiscus was trading around 1 RM. And this was WITHOUT the Sabah asset or Asasuria cluster operatorship... I see upside from a fundamental perspective (strong operation results and balance sheet), macro perspective (recovering oil price), and from a technical perspective. Just look at the 30 day chart.. I want to print it out and post it on my fridge!

Good run, but I think you're going to regret that decision.

Ahhhhh 50 cents!! Whats up Roy?

Feels pretty good to us Roy. Mostly bcs we didn't panic sell, then talk alot of arrogant sh!t and make fools out of ourselves while losing all our money. Unlike you. Moron.

Aww pumpkin... no need to be so angry.

How you doing Roy? Not good? Awwww... what happened?

Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI
Jan 5, 2017 02:44 PM | Report Abuse
Mr Roy. Acquired 100 units at cost of 0.085

and then 1 day and MUCH PANIC later...

Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI
Jan 6, 2017 08:56 AM | Report Abuse

Mr Roy, From : Malaysia, Education : United Kingdom.
Disposed 100 units at 0.04

HAHAHAHAHAHA! Obviously Roy didn't study finance over there in the UK

Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI
Jan 5, 2017 02:44 PM | Report Abuse
Mr Roy. Acquired 100 units at cost of 0.085

and then 1 day and MUCH PANIC later...

Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI
Jan 6, 2017 08:56 AM | Report Abuse

Mr Roy, From : Malaysia, Education : United Kingdom.
Disposed 100 units at 0.04

HAHAHAHAHAHA! Obviously didn't study finance over there in the UK.

fully agree, and check out scomi. also killing it!

hahahaha @MrRoy. buy high, sell low, panic panic panic, and talk sh!t constantly is how YOU do it. Moron.

Check the price now... still advise us to "run for our lives"??

SHUUUUUUUSH!

buying and selling is roughly equal genuis... hence why the price is almost unchanged.

lol @MusangK1ng. So true man... Roy trades like a child. Impulsive, fear and greed driven decisions. Zero logic. Zero analysis. And then is dumb enough to brag about his sh!tty trades and call himself an ELITE. But thankfully there are people like him in this market... they will make us rich.

MrRoy panicking on every dip and flipping aimlessly between stocks like a chicken with its head cut off is exactly why you lost out on 20% of profit last 2 weeks. We will learn from your foolish mistakes.

Indeed congrats guys. Within continued firming of global oil price, forthcoming regulatory approvals, and maintenance of their strong (zero debt!) balance sheet this company's success will surely continue. The TP of 1.15 stated by PublicInvest is ambitious but may be just the beginning... as it doesn't consider the potential for organic growth via production optimization or the possibility for future acquisitions. To the moon SHUUUUUUSSSSSHHHHH!

lol lol lol. And of the 8.50 he already lost 0.50... -6%

Meanwhile hibiscus is going to the moon ya'll !!

I don't know which one makes me happier... that hibiscus up almost 10% today or that AAX is down 3%. Really shows you the power of ELITE strategic investment strategy... shuuuuuuuuuuuuuuuuush!

Oh hi there elite genius MrRoy: "In ur dreams.. Not moving alrady reach limit.."

Up almost 10% right now...Care to change your analysis?

elite genius Roy (who sold me all his shares at 40 cents) got his head in the toilet SHUUUUSH.

Great call JackMa. Bought SCOMI on Monday...

Trust you Roy?? Give me a break dude. If I would have trusted you about Perisai, Sumatec, or Hibiscus I would have missed out on a fortune.

You need to learn how to read a balance sheet... oil price doesn't need to rise above 60 for these companies to become very profitable

HAHA MrRoy "Shuuuuuush!! All the O&G counters you bragged about selling are up AGAIN today. You know whats not up? AAX!! Have a nice day and thanks for selling me your Hibiscus at 40 cents

That's interesting Roy. Since you bragged about selling Hibiscus the price has continued to rise more than 15%... and still on the up trend. I think "Shuuuuusssh" is the sound of you flushing your money down your elite toilet.

LOL LOL LOL best of luck in your dream of one day being an elite Honda civic driver Roy. Fully agree that the only way thats going to happen is if you somehow win it bcs surely you will never make the money trading stocks

HAHA Roy has elite status bcs he pays the most brokerage fees while earning the least money. Best I can do for your brain is 1 cent sir... tqvm :D

HAHAHA How embarrassing MrRoy... oil price pull back yet Hibiscus continues to increase. Up over 20% since you sold. Yet you continue to troll...regret Much?

MrRoy... Yesterday best you can do is 1 cent... today is 4 cent? Your "comprehensive" analysis increased 400% overnight?!? why??