Announcement anytime

This two wil done in September month

Insiders wan MCM n dividend in specie

Hidden insiders buyers accumulating since last friday

MCM power

Insiders keep on accumulating

Dayang must hv win big slice

Those buy 0.99 insiders knew first

Yes always believe wat the newspaper reported

Petronas to award maintenance jobs soon

Last minutes gap up 0.99 MCM contact win?

Where got rumour jz good news

Good

HIBISCUS: Trading interest may pick up amid firmer recovery in crude oil prices

Hibiscus Petroleum Berhad (HIBISCUS) acquired Anasuria Cluster in UK during 2016 and managed to turnaround its business into profit in 1QFY16. Following that, HIBISCUS was also given a greenlight by Petronas to acquire 50% stake of the North Sabah Enhanced Oil Recovery (EOR) PSC and has the production rights until 2040.

With IEA revising the demand outlook higher by 1.7% to 1.6m barrel per day, we believe that the crude stockpiles may gradually reduce and the Brent crude oil prices may maintain its upward move for the near term above the US$50 level.

HIBISCUS has rebounded off the SMA200 level early this month and the MACD Indicator has turned positive, while the RSI is hovering above 50. Should there be a trendline breakout above the RM0.455 level, next resistance will be envisaged around RM0.475-0.505. Meanwhile, support will be pegged around RM0.41-0.42.

Dividend wil b soon to b complete by tis month

Dayang price likely wil stay the same as b4 dividend so wat u get for Perdana is ur profit

.60 = 180
.65 = 195
.70 = 210
.75 = 225
.80 = 240
.85 = 250
.90 = 270

Very likely 0.95 and 0.60 so 0.95 + 0.18 = 1.13 Dayang can b even better after dividend in species

Yes u know i know sabah eor

Dividend payment soon

0.98 going 1.00

Crossing sma 50 macd oso ok

Tat someone don't wan price to go up want collect b4 EOR Sabah announcement

Going to fly!

0.98 big sell all gone collect enough?

Only us wti drop

http://www.thestar.com.my/business/business-news/2017/09/09/search-for-petros-ceo-intensifies/

Harvey n Irma r killing US shale oil producers

Heavy buying 0.44 building strong base

Anak Sarawak Dayang wil gain fr Petroleum Sarawak(Petros) by next yr

Up cos dividend in specie nearer price go up

North Sabah EOR announcement soon

The trend for shrinking oil stocks and expectations for a rise in global oil demand growth meant analysts polled on a monthly basis by Reuters raised their oil price forecasts for the first time in six months. - Reuters

The trend for shrinking oil stocks and expectations for a rise in global oil demand growth meant analysts polled on a monthly basis by Reuters raised their oil price forecasts for the first time in six months. - Reuters

North Sabah EOR announcement very soon

Anasuria had settle nicely now jz goin through refinement for higher profit.

Going forward, the company expects its Anasuria operations to remain profitable — assuming current level of oil prices remains — as it looks to enhance production rates through subsurface interventions in the second half of FY18, while keeping operational expenditure in check.

Anasuria had settle nicely now jz goin thru refinement. North Sabah EOR announcement very soon

Next quarter tax wil b lower


The tax regime which applies to exploration for, and production of, oil and gas in the UK, and is thus
applicable to Anasuria Hibiscus UK, currently comprises of ring fence corporation tax and a
supplementary charge. The current rates of tax for ring fence corporation tax and supplementary
charge are set at 30% and 10% respectively. Note that any investments in capital expenditures made
are deductible from both taxes mentioned above in the same financial year they are incurred. In the
current financial year ended 30 June 2017, a minimal capital expenditure was implemented. However,
it is expected that in the financial year ending 30 June 2018, a higher level of capital expenditure will be incurred.

Everyone come tis forum know but just greedy

U understand one

EOR is like in d pocket Petronas ok

If today rwsult satisfactory wil go up

Everybody scare to buy Hibiscus anymore price volatile like oil price

Last qtr hit by industry wise problems like Ann Joo?

Dayang results wil b pull down by Perdana but don't over knee jerk reaction

Ibi if go down to less thn 0.86 ex wil 0.3x

Dayang theoritical ex is abt 0.53 but can't b so low

Start coverage institution funds wil come in Buy n wait

Initiate with a BUY call, TP: RM0.65

On road to take over North Sabah EOR PSC

Fund size?