Announcement out - owner transfer more shares to avoid margin call

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4928065

Last time owner transfer - big drop came after they transfer.

So now transfer again - another big drop coming!!!!!

Emotional want to get rich with lousy and cheap stuff. Very simple - cheap stuff not good and good stuff not cheap!

Donate more business here - what a joke myob!! Some people need to get real and see things correctly and not be blinded. Know how to cut losses

Thanks Kino Foo: Next week the lamp will tell you more good stories. You just wait.

If they come in at 25 cents then no point talking as to buy assets from HEH you need at least RM350 million to RM400 million. And if Hibiscus want to place their shares to them, they cannot. Cannot raise that money.

Wishful thinking. Anyway next week you will see the end results.

Question: Why not you ask them now how much losses in drilling in Australia? How they going to cover this very big big hole?

Since you newbie - Lazy to retype. Read this announcement by REX


http://rex.listedcompany.com/newsroom/20151116_061249_5WH_0BLRU663PLODQZQ9.1.pdf

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Nov 18, 2015 03:00 PM | Report Abuse

http://rex.listedcompany.com/newsroom/20151116_061249_5WH_0BLRU663PLODQZQ9.1.pdf


Koyaking - the place the found oil in 2014 now REX has bought all the shares!!!! KOYAK!

"Pursuant to the completion of the Capital Injection, Rex Oman now holds 5,760 MOL shares,
representing approximately 57.60% direct interest in the enlarged issued and paid-up share capital of MOL. Lime and Petroci hold the remaining 6.4% and 36% interest in the enlarged issued and paid-up share capital of MOL, respectively. Accordingly, the Group’s effective interest in MOL has increased from approximately 41.60% to 61.76%."

If Lime only Hold 6.4% of the OMAN block it mean Hibiscus portion only 0.35 x 6.4% = 2.24% of OMAN block.

Walao!!! 2.2% of OMAN block compared to 0.35 x64% =22.4% before. Really KOYAK!


What did this botak do....side deal with REX??? Transfer all the good asset to REX?

Good_News - Fear ...why not you wake up and see the pattern. I pity those trap. There is no fear if you believe. There is only fear if you gamble and this counter now got nothing to offer.

1. All 4 drilling up to now (3 Norway) and 1 Australia) they drill all DRY and no oil
2. Spend so much money, where got revenue to pay for all this drilling
3. Current price how to place the shares for placement. Who dare to take placement now as those who took placements at 75 cents all BURNED badly
4. Quarterly report going to be out end of next week. You read the numbers carefully ok
5. Oman - where they claim they have 1 billion barrels of oil. Now no more. As REX has bought al the shares in Masirah Oil. Hibiscus only have 2.2% share left. That cannot make money anymore as invested so much and their shares got diluted as the company could not pay anything during recent capital call and injections.

So you decide for yourself. Good to gamble but gamble with fear. As fundamental all zero. Nothing left except lots of losses and now borrowed money to pay the last drilling in Australia. Rumor is the cost of drilling in Australia was USD20 million. You go and check your self.

So where got money left in company to continue business?

Punters and cindicat very happy can do magic in dead cat bounce.

Syndicate distributing now... Very clear by Hugh volume both sides

Dead cat bounce. Beware!

NTA - Necer Touch Again !

Don't get too stuck with all this NTA - Old news - latest news - dry hole Australia sure cost them USD millions deep pocket and now have to borrow money to pay the drilli rig. They already borrowing Usd20 million. Worst still - they lost Oman oil field the crown jewel - so what you think latest NTA will be ? 20 cents or 10 cents or 5 cents?

If company is going good then why the Oman block where they found oil they have very little shareholding now - only 2% before was 22 %. This is very bad news. Company cannot subscribe to the new shares issued for Oman means they have no money as all this time Oman was the jewel in the crown. Botak did what here? How come he allow their share dilution - he got side deal with REX???

You will see the quarterly report before this month end then will be too late.

All money used already - drilling in Australia dry hole all finish.

If got money then why never subscribe to OMAN field? I posted earlier to lazy to write again ba!

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Nov 18, 2015 03:00 PM | Report Abuse

http://rex.listedcompany.com/newsroom/20151116_061249_5WH_0BLRU663PLODQZQ9.1.pdf


Koyaking - the place the found oil in 2014 now REX has bought all the shares!!!! KOYAK!

"Pursuant to the completion of the Capital Injection, Rex Oman now holds 5,760 MOL shares,
representing approximately 57.60% direct interest in the enlarged issued and paid-up share capital of MOL. Lime and Petroci hold the remaining 6.4% and 36% interest in the enlarged issued and paid-up share capital of MOL, respectively. Accordingly, the Group’s effective interest in MOL has increased from approximately 41.60% to 61.76%."

If Lime only Hold 6.4% of the OMAN block it mean Hibiscus portion only 0.35 x 6.4% = 2.24% of OMAN block.

Walao!!! 2.2% of OMAN block compared to 0.35 x64% =22.4% before. Really KOYAK!


What did this botak do....side deal with REX??? Transfer all the good asset to REX?

This counter now is doom!

http://rex.listedcompany.com/newsroom/20151116_061249_5WH_0BLRU663PLODQZQ9.1.pdf


Koyaking - the place the found oil in 2014 now REX has bought all the shares!!!! KOYAK!

"Pursuant to the completion of the Capital Injection, Rex Oman now holds 5,760 MOL shares,
representing approximately 57.60% direct interest in the enlarged issued and paid-up share capital of MOL. Lime and Petroci hold the remaining 6.4% and 36% interest in the enlarged issued and paid-up share capital of MOL, respectively. Accordingly, the Group’s effective interest in MOL has increased from approximately 41.60% to 61.76%."

If Lime only Hold 6.4% of the OMAN block it mean Hibiscus portion only 0.35 x 6.4% = 2.24% of OMAN block.

Walao!!! 2.2% of OMAN block compared to 0.35 x64% =22.4% before. Really KOYAK!


What did this botak do....side deal with REX??? Transfer all the good asset to REX?

Bring coconut and break in front of house before you enter. And also bring coconut oil to rub on his head. Then you get all the answers FOC

Go see Botak now and you can get answer how Monday - up or down. He should be relaxing at home now.

Next time use torchlight to find. Then no where to hide, whether black color thing or not. Problem solved!

Did someone say black cannot find black? Wah! Can say like that also.



Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Nov 13, 2015 07:42 PM | Report Abuse

wakakakaakakaka. laughdieme liao. all con by black colour thing

Wah! 8% down - ini kali tak ok. This weekend pergi Rumah Botak and ask what happen.

http://www.theoilandgasyear.com/news/hibiscus-to-acquire-hydra/

https://www.youtube.com/watch?v=nHWlEU6CFTE

News Items - 11 November 2015

Hibiscus Petroleum* (OTCMKTS:HIPEF) – (BUY – MYR1.59) - Disappointment Coupled With Optimism
Today's news that the sea lion exploration well has been found to contain uncommercial quantities of hydrocarbons is disappointing, and will require a rethink on the development strategy of west sea horse. While this is undoubtedly disappointing, also released today was the news that the Company is acquiring the entire share capital of Hydra Energy, which has a net 2P Reserves and 2C Contingent Resources of up to 17mm bbl.

This is in addition to its pending acquisition of 50% of Anasuria, which will add 2P Reserves of up to ~23mm bbl. Anasuria could potentially add $5/bbl (~$100mm) to the Company's value, while the Hydra Energy transaction will require greater detail before we update our valuation.

Ahead of the closing of the Anasuria and Hydra Energy transactions, we are adjusting our target price to MYR1.59, but maintaining our BUY Recommendation.

For bedtime reading with glasses...

http://www.proactiveinvestors.co.uk/columns/sp-angel/23587/sp-angel-morning-oil-gas-xcite-energy-and-hibiscus-petroleum


11Nov 2015 - SP Angel said after the non commercial find - they value company now at RM1.59.

So what price to buy and what price to sell - better go and see Botak head and ask him why so cheap if valuation so high

I think time to sleep.

Today go to Botak head Deepavali open house and ask what price can get special discount. I am sure many people there also asking this magic question

Also the volume very steady every day

Take 38 million barrels oil in the ground is worth USD5 per barrel - and this gives you roughly 80 cents per share.

That is if they sell the company lock stock barrel

If you look at page 14 of investor presentation you will see 2P / 2 C at 38.7 million barrels - so they already have oil to produce. Now if they tie up with HYDRA and get Barclays Bank subsidiary as their funder and pick up another 20 million barrels - this will just be a real nice start to 2016.

http://www.hibiscuspetroleum.com/download/pdf/media/news/Anasuria%20Feature%20for%20website%20R2%20-%20September.pdf

Already generating profits - next report in January 2016 we will see profits - so next year onwards go year - let all the bad come out first - they also said 2016 is their production and profit year 2015 is exploration year.

Just remembere one very important point - this company until today - GOT NO BORROWING!!

Is zero gearing

http://www.hibiscuspetroleum.com/download/pdf/media/news/Investor%20Presentation_October%202015%20R1%2020151002.pdf

Already got lots of oil reserve so this setback can recover

Tomorrow everybody go to Botak Ken house for Deepavali and eat muruku and ask him how, to buy or sell Wednesday. So easy - make peace not war!!

Botak sure got open house tomorrow - go there and eat free and get free information and let us know what is the strategy

Global Natural Resource Investments (“GNRI”) was formed by a management buyout of the former Barclays Natural Resource Investments private equity business from Barclays Bank PLC in October 2015
GNRI is focussed on the global natural resources sector, specifically on upstream oil and gas (excluding the US), mining, associated services and power.
More than $3bn of equity has been committed since 2006, of which in excess of $800m remains committed but undrawn.

About Barclays Natural Resource Investments (www.bnri.com)
Barclays Natural Resource Investments, a division of the Investment Bank of Barclays Bank PLC, (‘BNRI’) (www.bnri.com) is a financial investor and the majority shareholder, alongside the management team, i n Hydra Energy, which is the sole shareholder of Hydra WA.
BNRI was founded in 2006 and has committed over US$2 billion to more than 20 portfolio companies globally. Typically, BNRI commits US$50-200 million to each portfolio company to fund the execution of its business plan.
BNRI has made an equity commitment to Hydra Energy to provide the necessary equity financing to fund the business plan of Hydra Energy and its subsidiaries.

The new shareholder of Hibiscus : Northwharf Nominees Limited, a wholly owned subsidiary of Barclays PLC, is the nominee entity which holds interests in HEH on behalf of certain investment vehicles advised by Global Natural Resource Investments (“GNRI”). GNRI is, a private equity company formed by a management buyout of the Barclays Natural Resource Investments business from Barclays Bank. GNRI Manco Ltd is an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority.

The Proposed Acquisition is timely and provides the opportunity for Hibiscus Petroleum to further strengthen the Company’s portfolio of assets and enhances its 2P/2C (2C i.e. best estimate of contingent resources) oil reserves/resources in Australia by an additional 15-17 million barrels of oil (“mmbo”) with exploration upside, to 23-25 mmbo.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=69379&name=EA_GA_ATTACHMENTS

Anybody know why yesterday drop suddenly?

Education versus good and bad.

http://www.marinetraffic.com/en/ais/index/positions/all/shipid:991440/mmsi:373644000/shipname:WEST%20TELESTO

Rig is still there and if they suspend counter even before they reach target depth (TD) means strike oil. Now doing well testing. Go check with Petroleum Engineers. Or can check with Mamak stall owner also

Share transfer because the owners of the company (Ken botak) possibly margin call as counter dived badly Nov 2 and Nov 3 start recovering. 50% dive sure got margin call. They had stock holdings on margin at MIDF and Ken botak could not sell his hair for cash as botak so had to transfer shares. Already sold all hair pre IPO.

Best judge is look at 3D oil in Australai as they close high on Wednesday as this drilling is 6 km away from Australia. Singa Laut @ Sea Lion is so close to the shore that they can smell oil. So people in Australia will know better.

You ciakap sini with all the tin kosong talk no use. The price already hit rock bottom on Tuesday..

Make Peace not war.

Don't scold him so much otherwise he will change his name to Subra69 - kakakakakakakakakakaka

Dexeric - this subra59 good man as he next session limit down your excitement as the price will fly sky rocket

1MDB = 1 Man Donation Booth

MIDF = Money I Drill Finish - transfer share borrow more money lah

Better than transfer to 1MDB

Go and look at ALL HISTORICAL oil finds - if they suspend counter but did not stop drilling before target depth reach, it means OIL FOUND.

INI KALI LAH!

Ini kali ok lah.....they suspend before reaching target depth, WHICH IS VERY GOOD NEWS!

Normally if you drill, you will drill until you reach Target Depth (TD) and if no oil you stop. This time, the suspend counter before reaching TD, so they must have struck BLACK GOLD aka OIL before target depth - so it also mean the OIL MUST BE A LOT LAH!!!

SO MANY DINASOURS DIED NEAR THE SHORES OF AUSTRALIA!!!!!

Drilling rig still there means oklah itu...inikaliok lah

http://www.marinetraffic.com/en/ais/home/shipid:991440/zoom:10

If not ok go buy coconut oil and put on the botak head boss - at least if company no grow can can see his hair grow. No reason both no grow! Kakakakakakakakakaka

Don't Siok sendiri - inikalilah ok

http://www.hibiscuspetroleum.com/download/pdf/media/news/Investor%20Presentation_October%202015%20R1%2020151002.pdf


asset @: WSH (L31) Norway, Oman -Block 50 Sea Lion,UAE assets
Valuation of all HPB assets*

USD 479 MIllion and share 980 mil -RM2 per share - Cheaper sale - buy 6 for 1