Agree. Provided CI does not close below 1700 next week.

tanflash1314 lets see next week. 1.06 is a very strong support. if and only it breaks 1.06.
26/03/2016 09:25

Why Comcorp has overtaken AirAsia as i3 no 1 stock? AA profit is not worse than Comcorp with latest EPS 19.9 sen.

We buy at 13.5-14 sen let others(non i3 forumers) buy at 27-28 sen(when XOX revenue double).

XOX aims to grow subscriber base
http://www.nst.com.my/news/2016/03/133572/xox-aims-grow-subscriber-base

O&G Ships for Patrols?
http://www.malaysiandefence.com/og-ships-patrols/

Those buying Comcorp say fair PE is 10. So Kanger TP 58 sen? Discount 30% still 41 sen?

Really cannot understand why good QR stock like Kanger not appreciated.

If you don't know who I am please refer to attached blog. I choose stocks base on 1) price 2) QR. While cannot be 100% correct all time I will sell some stocks when QR become bad. Definitely Kanger not the type because latest QR is the best since listing.
http://klse.i3investor.com/blogs/stock_pick_2016/92302.jsp

Director buying and QR news.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5006581
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5015421

If Kanger not good why director bought recently.

Is QR become not relevant? So how to judge whether a company is good for investing?

Latest QR EPS 1.45 sen if annualized become 5.8 sen. If fair PE 5-10, Kanger TP 29-58 sen. Still a good buy now.

Pity I don't have followers like Icon8888. If he write blog like for Comcorp, EG sure Kanger will fly.

http://klse.i3investor.com/blogs/kianweiaritcles/93511.jsp

Good QR stock must move up. i3 sifus also teach that.

EPS 1.45 sen if annualized become 5.8 sen. If fair PE 5-10 Kanger TP between 29 to 58 sen.

Kanger to continue uptrend. QR(EPS 1.45 sen) very good for 13.5 sen stock.

Weekly Edge highlight Icon should take lead in O&G sector consolidation.

http://www.thestar.com.my/business/business-news/2016/03/19/the-rise-of-aspen/

KC I saw your postings about Aspen and Star also highlighted them. Has Aspen settle all debts to Ivory since you concern about Ivory gearings?

KC I saw your postings about Aspen and Star also highlighted them. Has Aspen settle all debts to Ivory since you concern about Ivory gearings?

If compare GOB which is in red ink, Ivory has performed better(TTM EPS 2.33 sen) despite 10 sen cheaper than GOB.

Director buying. Good news(QR) ahead?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5029369

Further question can auditors be sued for their negligence?

If Xinghe account really fake why our auditors close eye?

bryanlau someone asked whether Xinghe account can be trusted so I ask back whether dividend paid can be trusted. I also asked which other stocks can pay dividend at Xinghe price.

bryanlau Icon8.. yes, dividend received on 21 Sept 2015. Why?
15/03/2016 07:26

Good QR(EPS 1.45 sen) good buy now.

20 sen although time frame unsure.

Posted by tcsjohnson > Mar 15, 2016 11:27 AM | Report Abuse
Icon8 what is the TP for this share?

Can 0.2 sen dividend(paid in 2015) be trusted?

Hibiscus is now licensed operator of Anasuria Cluster
http://www.theedgemarkets.com/my/article/hibiscus-now-licensed-operator-anasuria-cluster

Even recent announcement EPF, Wellington selling I believe other bigger foreign funds are buying hence slowly but upward AA movement.

I seldom post here because so many promoters here. USD/MYR 4.09 is good to contain AA forex loss.
http://finance.yahoo.com/echarts?s=USDMYR%3DX+Basic+Chart&t=1d#{"range":"1d","allowChartStacking":true}

New project-Durban, South Africa-NST 11/3/16.

UEMS concentrate on high end housing for UEM Group.

Maybank latest TP 42 sen, 6 sen upside.

If you don't know who I am please refer to below.
http://klse.i3investor.com/blogs/stock_pick_2016/92302.jsp

If fair PE is 15 TP is 60 sen.

2000(Hibiscus share)x15(40(Brent price)-25(production cost))x4.1(USD to MYR ER)=RM 123K profit a day.
1 qtr(assume 90 days) profit= RM 11.07 million.
EPS(1 qtr)=11070000/11020000000(no of Hib shares)
=1 sen
Yearly EPS=4sen.
PE Hibiscus at 18.5sen= 18.5/4
= 4.625 times.

If read earlier announcement can backdated Anasuria profit from 1/1/15.

Latest QR EPS 1.45 sen. If annualized become 5.8 sen. PE at 12 sen 2.07 times. Why so cheap?

Good news today?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5027029

4,000 barrels of oil a day how much is Hibiscus share of profit?

has been appointed as Duty Holder with the responsibility for operating and maintaining the Anasuria FPSO as well as for monitoring and managing the pipelines and subsea wells (with the exception of the well on the Cook field).
Mark Paton, VP of New Ventures and Production at Hibiscus Petroleum and Production Director of AOC commented, ‘Petrofac has been working with us over the last few months in the transfer of operating responsibilities during the transition phase. The relationship has strengthened, they understand our work ethic and have clear comprehension of our objectives. These have been embedded into a facilities management contracting model that we have jointly developed and we now feel confident enough to appoint Petrofac for a 5 year tenure.’
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5027641

Kuala Lumpur, 11 March 2016 :Hibiscus Petroleum Berhad (‘Hibiscus Petroleum’ or ‘the Company’) is pleased to announce that all conditions precedent necessary for the completion of its acquisition, under its Sale and Purchase Agreement (‘SPA’), signed on 6 August 2015 between its indirect wholly owned subsidiary, Anasuria Hibiscus UK Limited (‘Anasuria Hibiscus’) with Shell UK and ESSO UK, of a fifty percent stake of their interests in the Anasuria Cluster of producing oil and gas fields, located offshore in the United Kingdom (‘UK’) sector of the North Sea, have been met by the relevant parties on 9 March 2016 and completion of the transaction has taken place on 10 March 2016 (UK time). As a result of the completion of this acquisition, Anasuria Hibiscus is now jointly operating a Central North Sea oil and gas producing asset.
Hibiscus Petroleum Chairman, Zainul Rahim Mohd Zain commented, ‘We are pleased to have completed the transaction to acquire the Anasuria Cluster of producing fields. This cluster comprises four producing oil and gas fields and considerable infrastructure which includes the Anasuria Floating Production Storage and Offloading (‘FPSO’) facility. The current production level is over 4,000 bbls/day nett to Hibiscus Petroleum. For Hibiscus Petroleum to be an owner and recognized as a joint operator of an offshore asset in the North Sea is a landmark moment for our company. I wish to thank the UK government for approving this transaction and further extend my thanks to our shareholders and Malaysian regulators for their approvals as well. Most significantly, I thank Shell UK and Esso UK for working with us so that we could complete this transaction successfully. Our main objective is now to manage this asset safely, environmentally responsibly and profitably’.
To manage the operations of this asset, Hibiscus Petroleum has established a UK incorporated joint-venture called the Anasuria Operating Company Limited (‘AOC’) together with 50 percent partner Ping Petroleum Limited. Effective 0001 Hrs on 10 March 2016 (UK Time), AOC became the license operator of the Anasuria Cluster. To support AOC in performing its operational responsibilities, Petrofac, a leading international service provider to the oil and gas production and processing industry, listed on the London Stock Exchange,
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5027641

Banking on new models

Proton is hopeful that the launch of new models this year, such as the Perdana, will help it achieve sales of 150,000 units this year. According to Proton chairman Tun Dr Mahathir Mohamad, the new Perdana will tentatively be launched in the first quarter of this year and priced between RM100,000 and RM150,000.

According to Honda Malaysia’s website, the Honda Accord ranges between RM136,228 and RM171,915.
http://www.thestar.com.my/business/business-news/2016/03/05/perception-deception/

New MD bought Icon shares.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5019349

Reasons for loss.
(iv) Other expenses
Other expenses increased by RM372.4 million or more than 100% from RM4.5 million for the quarter ended 31 December 2014 to RM376.9 million for the quarter ended 31 December 2015, mainly due to impairment of goodwill amounted to RM180.6 million and impairment of property, plant and equipment ie. vessels amounted to RM195.4 million.

Posted by raysim88 > Mar 2, 2016 08:42 AM | Report Abuse
Anyone expert can explain the QR? In report i found their total cash and bank balance still have around RM 95m which increase compared to last year (RM 74m). What is their other expenses use for?

Look like AirAsia plane taking a rest today before flying further?

I join today.

Very good QR. Must buy when many still not aware.

Buyers coming. Can reach 20 sen?