PELIKAN will continue to go UP...

Know what to do la...

Congratulation to all PELIKAN investor

More celebration ahead

Good point highlighted by @tumbler

Collected more this morning at lower price

Support at current level is strong.


Posted by tumbler > Jan 31, 2020 12:16 PM | Report Abuse

Guys hold on your shares, don't fall into the syndicate tricks. This counters really extremely undervalue. Now the board of director been reshuffle. The original value of pelikan shall be extracted out now by the new management. The major shareholders of pelikan all coming from very reputation and reliable firms like Caprice , Urusharta , Auctus and Ikhlas . Further explaination of the majority share holders as following :
a) Caprice control by Paul Poh (Bought at RM1.13 @4.8%)
b)Auctus control by Brahmal Vasudevan (Bought at RM0.8@6.6%)
c) Ikhlas Capital control by Datuk Nazir -CIMB founder ( Bought at RM0.39@10%)
d) Urusharta Jamaah control by Ministry of Finance ( Bought at RM 1.80 @28.6%)
e) CEO Loo Hooi Keat direct and indirect holding 17%.
f) Chia Chor Meng ( Singapore Entrepreneur ) holding 6.34%
g) Datuk Gan Kong Hiok Holding 5.09%

Total majority holding shares 78.43% with only this seven individual plus estimation majority shareholder proxy holding 10% . Total 88.4%. Now the current market floating share should be less than 15%. So , The share price of PELIKAN current value should not be current value only . It should worth more than RM2.00 because now the new directors are going to extract the value to the actual worth price.
Some step of extracting value including :
1) Penetration into the market into the China , Indonesia , Thailand , Philipine market. These market were the explosive growth market compare to the existing Pelikan market.

2) Listing Pelikan AG or herlitz in the Germany Stock Exchange or US Nasdaq Stock Exchange.

3) Listing the Pelikan Colombia, mexico and Argentina in their respective stock exchange .

I still like PELIKAN best

PELIKAN's Price Record:

All time High = 5.22 (10 July 2007)
5 Year High = 1.40 (17 June 2014)

2018 High = 0.88 (11 April 2018)
2019 High = 0.50 (14 February 2019)

Current High = 0.55 (23 January 2020)

2020 High = ?.??

Good stock like PELIKAN should buy whenever it is selling cheap (low)
due to the effect of negative general market sentiment.
It will bounce back very quickly when market sentiment improves

The most important factor in Pelikan is the capabilities of the new shareholder (DS Nazir's team) to transform the business. Good business still need excellent leadership to make it great!

Thanks for your sharing @张晋荣


https://klse.i3investor.com/blogs/eden/2020-01-21-story-h1482870890-This_is_where_the_Eden_s_Kuantan_land_for_ECRL_land_acquisition_Final_T.jsp

Uptrend tetap Uptrend!

Tapi, need to rest awhile first before building up momentum to stage a breakout from the current resistant of 0.500 to 0.520 range.

Extracted from Annual Report 2018

Industrial Land own by EDEN
Leasehold (Expiring on 28 October 2096)
450.7451 acres - Net Carrying Value as at 31 December 2018 RM164,900,000

PN 21989, Lot No. 8906,
PN 21368, Lot No. 8907,
PN 21372, Lot No. 8911,
Gebeng, Mukim Sungai Karang, Kuantan, Pahang.

Bought N2N :D))

Good Morning...

Terus NAIK after collected from weak retailers

52 weeks high is 0.500
So watch how strong the breakout at this level to determine its momentum forward.

I am very optimistic in this stock with the new management team

Gems need to be in the RIGHT HANDS in order to SHINE...
Now PELIKAN is in the RIGHT HANDS!

Just be patient


Posted by tuapuikia > Jan 16, 2020 9:25 AM | Report Abuse

This hidden gem is really not getting any attention

PELIKAN looking good for investment...Good prospect

+ The worst time may be over for this STRONG BRAND company, which was established 180 years ago.

+ Entry of new major shareholder, IKHLAS CAPITAL an ASEAN focused PE fund which DS Nazir Razak is a partner with other prominent people like the former CIMB Banker, former Trade Minister of Indonesia and Philippines's former secretary of Finance and also Malaysia's ex-Ambassador to China.

+ The PP injected new capital for expansion, especially in China and Asean region & to reduce borrowings

+ Leverage on new management team for business transformation and expansion in ASEAN countries - there was a major change in leadership – appointment of 4 new directors from IKHLAS Capital (including a new chairperson)

+ Profitable company

+ Stock price bottomed & rebounding – TA Bullish


CONS:
- No dividend
- Current margin is low
- Debts on a high side

Strong support at 0.42
Looks like it will move up from here

Firstly, I invested in REVENUE substantiallly...

In my opinion, never be overly arrogant when we have some success (maybe we're just lucky) at certain point in time. Be humble and be careful not to be OVERCONFIDENT.

RENENUE is very good but NEVER BELITTLE OTHERS for example GHLSYS.

Note: GHLSYS also had its glorious days like REVENUE now - their share price moved from a few sens too, to the current level.

Will REVENUE continues to fly or will rest for awhile?
I believe it might go sideways for awhile and will certainly go up in the medium-term. I pray that REVENUE will do well because I am still having substantial interest in this stock.

Will GHLSYS fly too. Yes, I believe it WILL.



Posted by YapJH > Jan 10, 2020 10:33 PM | Report Abuse

Talk/comment as if you know the payment industry like a guru... ghl short live show is just a timing of their announcement. Try to get yourself equiped with the knowledge of tokenisation. Speak to industry player on that and you will know Revenue will be able to do exactly the samething. Revenue is not about hype but solid strategy. This is somethint ghl can’t rival.

I still stick to the comment that ghl follow the blueprint of Revenue. What makes you think that, being the first in the market give ghl the advantage? What makes you think that Revenue can’t do exactly the samething? Ask ghl about their deals with visa/master, will banks see them as a friendly party or hostile entity. By the way, where is their so-called all in one terminal? Not the e-wallet all in one ya. Also, what is the status of Bestinet vs Ghl? They have a strong case on the RM3++ mil?

Revenue had been consistently taking care of the investor. At today price, they are still hovering close to RM2.28 (pre-bonus issue of high close to RM2.30), whilst ghl can’t reach its peak of RM1.80.

My banker friends told me that next week Revenue has some collaboration. Not too sure whether there will be any announcement but they are positive with the development.

Stock [REVENUE]: REVENUE GROUP BHD
Announcement Date 14-Jan-2020

Substantial Shareholder's Particular:
Name: CIMB COMMERCE TRUSTEE BERHAD

Details of Changes:
Date of Change Type Number of Shares
09-Jan-2020 Disposed 416,600

Registered Name: CIMB Commerce Trustee Berhad - Kenanga Growth Fund
Nature of Interest: Direct Interest

Potential successful contender for digital banking licence from BNM

Note: TERENGGANU INCORPORATED SDN BHD the largest shareholders of TDM disposed a total of 5.9 million shares in January 2020 !!!

Q: Why ???
A: Well, there are many possibilities. But no need to speculate. Just beware that TERENGGANU INCORPORATED SDN BHD still holding 1,028,832,953 shares in TDM as at 8 Janaury 2020 (Direct interest = 61.14%).
5.9 million shares were merely about 0.57% of their total shareholdings of over one billion shares.

Still worry?
A: Don't be scared every time we see a major shareholder/director sold some shares - be careful not to misinterpret and be mislead by their action. There may be a GOOD reasons for them to do so and it could be a good thing for investors, maybe not good for short-term speculators.


https://klse.i3investor.com/insider/substantialShareholder/2054/09-Jan...

Good sharing... @ProsperousRealm
(I got a few people asking that question)


Posted by ProsperousRealm > Jan 10, 2020 2:20 PM | Report Abuse

Malaysian CPO surges as India restricts imports of refined palm oil
......

Thus is what many novice newbies still find tough to understand. But it is quite simple & straightforward actually.

When India restricts imports of refined palm oil, it just means that India has to import more CPO to be refined in local refineries in India.


Good sharing @ RiverOfSilver...

Posted by RiverOfSilver > Jan 10, 2020 8:51 PM | Report Abuse
Malaysia end-December CPO stocks fall 11% to 2 million tonnes

https://www.thestar.com.my/business/business-news/2020/01/10/malaysia-...

Malaysia's palm oil inventory down 11% in December 2019

https://www.theedgemarkets.com/article/malaysias-palm-oil-inventory-do...


We just need to "be patient" and let the operators do their job/process first - shake out some weak and very short-term speculators before stock price resume its uptrend course...

I expect a very good returns from TDM ("high probability win" in view of the strong FCPO uptrend). All the best !!!

Date 08-Jan-2020
Type of Change Appointment
Designation Director
Directorate Independent and Non Executive
Name YM TENGKU AHMAD BADLI SHAH RAJA HUSSIN
Age 50
Nationality Malaysia

2.1 million shares traded off-market at 0.150

Ya... We are here to make money!
Cheer each other and celebrate success.

HIBISCUS make our day prettier today :D))

We shall see later

Grow up...investment comes with risk. No time to entertain such question

Posted by SecretOne > Jan 6, 2020 3:12 PM | Report Abuse

@Investar2862, that's just the revenue part that you have provided. Although most of the time higher revenue translate to higher profit but there are other consideration like tax, depreciation, etc to consider. I wonder if you have taken all that into consideration?

@SecretOne Go to HIBISCUS PETROLEUM's website, under Investor Relations >> Media >> Presentation >> Download the file on INVESTOR PRESENTATION December 2019 R2

... For FY2020, the target is to deliver between 3.3 million and 3.5 million barrels of oil (up to 12 cargo offtakes)!!!


Page 41: Key Messages

▪ Hibiscus Petroleum is positioning for further acquisitions of producing assets with a focus on adding to our existing portfolio in Southeast Asia

▪ Our FY2020 target is to deliver between 3.3 million and 3.5 million barrels of oil safely and efficiently (up to 12 cargo offtakes)

▪ We are maintaining our 2021 target of 20,000 barrels of oil per day comprising: ‒ 7,000 barrels per day from the North Sabah asset ‒ 5,000 barrels per day from the Anasuria asset ‒ 8,000 barrels per day (minimum) from new producing assets

▪ Our target is for the final Field Development Plan for the Marigold development to be secured by the end of 2020

▪ We continue to build our technical capability and track record as a capable operator, having recently received awards and recognition for operational, safety and business performances in Malaysia and the United Kingdom

▪ We aim to deliver consistent and strong EBITDA margins through the management of our unit production costs

▪ We currently have no debt and are in a position to gear up to a conservative level as the need arises

@SecretOne Go to HIBISCUS PETROLEUM's website, under Investor Relations >> Media >> Presentation >> Download the file on ANALYST BRIEFING 1Q 2020 Results

Digest the information in the slides especially on Page 8
1) Note that previous quarter only sold 1 cargo (1 offtake – 334,613 bbls @ USD63.63/bbl average realised price)
The coming QR Hibiscus is expected to sell 2 cargoes (2 offtakes).
So how much more revenue in the next QR?

2) Look at the Price of oil from October to December 2019 - higher or lower than USD63.63??

3) Look at the production capacity...is it rising compared to previous quarters???

Do your own homework...


Posted by SecretOne > Jan 6, 2020 1:23 PM | Report Abuse

@ongth60, are you telling me in the annual and quarterly report.tell us the next quarter profit?? Management can see the future?

Fyi, I believe in Hibiscus but I'm not sure base on what Investar2862 make his claim that the coming quarters is STRONG profit. Perhaps you h=can enlighten me?


ongth60 @SecretOne, the numbers that you are looking for are inside the annual and quarterly report. Their reports are very concise and readable. You need to understand the business that you are investing in.
06/01/2020 11:33 AM

QUARTERLY REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 2019
PROSPECTS OF THE GROUP (CONT’D)

Our asset teams from both Anasuria and North Sabah are targeting to execute production enhancement projects that could potentially enhance our net oil production rate to over 12,000 bbls per day by 2021. Our target for the current financial year ending 30 June 2020 is to deliver approximately 3.3 to 3.5 million bbls of oil from our two producing assets. In the Current Quarter, we have sold approximately 0.6 million bbls of crude oil across both assets with one offtake coming from Anasuria and North Sabah each.

We believe that we are positioned to achieve our offtake target given the aggressive capital investment programme to arrest the natural decline in production and enhance production through a total of nine
firm wells being drilled across the Group in 2019.

In Anasuria, the Cook WI project has been completed and we have commenced injection of water into the Cook reservoir. We expect to see a gradual increase in production from this field as reservoir pressure of the Cook field increases. The GUA-P1 ST project to drill one side-track well has also been completed and production commenced in the Current Quarter.

In North Sabah, the St Joseph Infill Drilling project with the objective of drilling three infill wells completed in August 2019. The three infill wells reported a combined stabilised flowrate of over 3,200 bbls per day. This exceeded the combined pre-drill expectations of approximately 2,600 bbls per day.

For the South Furious 30 Infill Drilling project, we have successfully completed and brought online two out of the three infill wells being drilled. The two wells are being monitored closely prior to increasing
the production choke to maximum production capacity. Drilling and completion of the third South Furious 30 well is currently in progress. We will disclose the performance of the wells in due course.
In addition, we are on track to complete one water injection well as part of the South Furious 30 Waterflood Phase 1 project in 2019.

The Group has articulated its mission until 2021 and we will continue towards achieving critical milestones that are key towards the successful delivery of our goals.

HIBISCUS PETROLEUM BERHAD - PRESS RELEASE

Hibiscus Petroleum Positioning to Acquire Producing Assets in
Southeast Asia
• Potential acquisitions of producing assets to drive the Group towards 2021 Mission of 20,000 barrels per day of oil production
• FY2020 target to deliver 3.3 – 3.5 million barrels of crude oil (up to +16% y-o-y)
• Group remains profitable with strong EBITDA margins despite softer oil market y-o-y: year on year; in comparison with Financial Year Ended 30 June 2019 (“FY2019”)

FY2020: Financial Year Ending 30 June 2020
Kuala Lumpur, 21 November 2019 – 5.00 p.m.

Hibiscus Petroleum Berhad (HIBI: MK) (“Hibiscus Petroleum”, the “Company” or the “Group”) today released a Corporate and Business Update (the “Update”) outlining the Group’s targets and initiatives as well as operational updates in conjunction with the release of its quarterly financial results for the period ended 30 September 2019 (“1Q FY2020”). In the Update,

Hibiscus Petroleum stated that it is positioning for growth through further acquisitions of producing assets particularly in Southeast Asia. The Group expects high-quality acquisition opportunities will be emanating in Southeast Asia as the fields in the area mature and
established players look to review their portfolios.

The Group believes it is in a strong position for growth as it continues to build its technical capability and track record as a capable operator, having received awards and recognition from industry bodies and regulators for operational and safety performances. In addition, its aggressive production enhancement programme in 2019 to drill nine wells in Malaysia and the United Kingdom combined, demonstrates Hibiscus Petroleum’s commitment towards growing its business in these areas.

On the back of these newly drilled wells, the Group is targeting to deliver 3.3 to 3.5 million barrels (“bbls”) of oil in FY2020, which is up to 16% higher than the actual oil delivered in FY2019. With the current and future enhancement projects across both North Sabah and
Anasuria assets, together with potential production from new acquisitions, the Group aims to achieve its 2021 Mission of 20,000 bbls of oil production per day.

For its 1Q FY2020 results, the Group announced revenue and profit after tax of RM159.3m and RM16.2m respectively, from the sale of 0.6 million barrels of oil. Earnings before interest, taxes, depreciation and amortisation (“EBITDA”) for the period was RM77.1m with a strong
EBITDA margin of 48.4%. Overall, despite a softer oil market and the effects of higher maintenance activities in the quarter, the Group remained profitable.

The Group is still debt-free, and its unrestricted cash balance was RM179.4 million as at 30 September 2019.

Commenting on the outlook for the Group, Managing Director, Dr Kenneth Pereira, said, “We have clearly established our 2021 Mission and the Group as a whole is actively working towards achieving it. By 2021, existing assets are expected to deliver 12,000 barrels of net oil per day. We will close the gap with an acquisition. We will be extremely selective and will only invest in assets that we believe will generate strong positive cashflows.”

@DickyMe, Why you say so... 20 sen for HIBISCUS?

How long have you been in stock market to give such ridiculous valuation?

My advise to you are
1) to acquire the necessary knowledge and competencies before investing or trading.
2) keep your "laughing stocks" to yourself and do not expose are incompetency/weakness to others.
3) be responsible for your posting - must be able giving and substantiate your reasoning/rationale.

Posted by DickyMe > Jan 4, 2020 10:46 PM | Report Abuse

This counter going into the dungeon. Waiting for 20 sen.

There is always a better time to do something...

I have been staying sideline waiting for almost one year now for the right time to buy into HIBISCUS, a stock that I like so much - good company with simple and straightforward business model and run by a competent management.

As I said earlier, there's no point buying and holding the stock IF the price trend is not going UP... complete waste of time and tying up your capital and missed great opportunity somewhere else.

Q: So, is it the right time to own HIBISCUS shares now?

A: Yes. Now is a good time!!!

Q: Why?

A: HIBISCUS is gonna make and report a STRONG PROFIT in the coming quarters...

1) Higher Oil Price (currently oil is near $70/barrel) & sustainable in view of the current world situation.

2) Increased production after implemented and successfully completed the production enhancement initiatives.

3) Previous quarter showing lower sales of oil and this coming QR will show increase in the off-takes, thus boosting the sales figures significantly.

4) From Technical Analysis (TA) perspective, HIBISCUS stock price in in UPTREND CHANNEL and all my Indicators are showing BULLISH signals.


Well, I am in for the joy ride with HIBISCUS...

There are so many people who were trapped at higher price for so long and they will be relieved when able to sell as the price come close to their purchase price. So you can expect selling pressure along the way for awhile...do not set your expectation to high and disappoint yourselves unnecessarily. Be patient....

Okay.... the BULL is here. Resistant shall be broken this morning!

Super Bull in Technology Sector now!!!

MYEG will move with the rest in this TREND

What are you waiting for???

No 1.20, no sell :D))

Accumulation activities today. Foreign funds started to buy?

Accumulation activities today. Foreign funds started to buy?

This forum is for discussion on Armada. Stop promoting your products & services here.

Cepat-Cepat-Cepat

Beli CEPAT!
Naik CEPAT!!
UNTUNG CEPAT!!!

Cheers :D))

Should be another beautiful day for certain plantation stocks like JTIASA. Cheers!

ARMADA earnings keep growing...

Q1 1.06
Q2 1.33
Q3 2.61

Total 3 quarters, EPS already 5.0.

If maintained Q4 as per Q3, annualized EPS is 7.6

Based on PE 10, TP is 76 sen upside by 65%

What are we waiting for???

ARMADA is my god of prosperity :D))

Flow with ARMADA, it will brings you lots of prosperity

Good point @YiStock. Your target price is a bit conservative for this stock. :D))


Posted by YiStock > Dec 24, 2019 9:36 AM | Report Abuse

U mobile is scheduled to IPO In 2020 to raise RM 2B. The listing will certainly give positive sentiment to redtone when u mobile started trading in bursa. Not only redtone but all counters related to VT will be lifted in price, more or less.

U MOBILE has the lowest coverage of 4G among telcos. The fund raised will be for the capex. Redtone will gain the contract almost for sure.

Separate listing of umobile will certainly benefit redtone.

Target 75 sen unchanged.

Anybody has news on the Claire's court judgement yet?

Cheers! ARMADA is Back!!!

Newbie so much wiser than a lot of old hands :D)

Posted by Newbie318 > Dec 20, 2019 11:14 AM | Report Abuse

After almost a month consolidating very well, Armada will rebound starting today.relax...not to panic guys.
Patient will be rewarded.

CEO TS Wong bought 22.5 million MYEG shares from ASIA INTERNET HOLDINGS S/B on 17 December 2019.

MYEG bought back another 3.0 million shares from the open market at the price range from 1.09 to 1.15 between 17 to 19 December 2018.
Currently the tptal amount of treasury shares has swelled to 132,967,900 shares representing 3.68709% of total capital of MYEG.

A great confidence in the company shown by the CEO and the directors of MYEG

Q: When will others snap up MYEG shares?
A: Very soon, I think

It will only benefit "subsequent" QR, not the coming QR to be announced in February 2020 because price in September 2019 to November 2019 (raw material used in the quarter) was rising/higher.


Posted by zigua > Dec 18, 2019 10:47 AM | Report Abuse

skim milk powder dropped 6. 3%

Congratulation!

You got your charting right...


Posted by Huat1 > Dec 15, 2019 7:27 PM | Report Abuse

Immediate support at 0.72.
Already Oversold !!!
Time to rebound