Brent price at around 60-70 pb is optimum. If too high it will retard global economy. Hibi oil production will hit 20,000 bpd soon. Opex at around 16-20 pb is excellent. Let's wait for tp 3

Tp 3, because the volume of oil production will hit 20,000 bpd and Brent price is now stable and uptrend

Hibi just have to dig and sell Brent oil. Volume now is about 10,000 bpd. Hibi has ZERO debts

Dgsb is a well managed company. Excellent cash flow and fantastic business potentials

Dayang was 90s a few months ago, now it is 2.81. Hibi is far better than Dayang.

Hibi is good for long term investment, tp RM 3

Change name to London Crumps

Good news coming

Setuju, tp RM 3. 00

Very very small volume.

Daddy waiting at RM 2.00

Yes, Dsonic will fly up, RM 1.80 very soon

RM 1.00 coming lo

Trap666, why you follow me here? Just to let you know. I am also in Hibiscus, Dsonic and Inari too.

Of course, high risk comes with big rewards.

Lonbisc is truly a big risk now.

Suspension and delisted are both completely different meaning.

EGM is on 31st Jan 2020, whereby new BODs is coming on board. Let's pray and hope LBB can be revive or else more people will be unemployed

Hi veronteo, delisted and suspension is different.

Despite the financial problems, LBB still has good sales revenue ( RM 391.730m, unaudited) and a decent gross profit (RM 22.933m, unaudited) and other operating income ( RM 17.601m). Buy or sell, you have to decide.

This FY 2019, the annual revenue is RM 391.730 m, gross profit is RM 22.933m and other operating income is RM 17.6m

Buy on bad news, so many bad news from 13.5s dropped to 4s, just buy and keep.

Yes, Qbb99, you are right. Why not suspend now? Maybe someone is going to collect cheap for this one whole coming week. Indeed, very strange call.

The worst is over. Let's wait for the good news. Come 31st January 2020, new experience people coming on board. Mr Lim San Peen from PwC is an expert in business recovery works.

Yes, buy buy buy. Good investment. Value buy. With increasing production from new wells and low operating cost, Hibi is good long term investment.

Omg.... What is wrong?

My research is based on 3 factors ie volume of oil production, opex and Brent price during that Qtr.

Hibiscus coming Qtr will be good. Based on my research, the revenue will be RM 200 m and profit RM 96 m

Hibi makes profit almost every Qtr for the past many Qtrs. So can buy and keep

Buy buy buy.....

Brent can easily hit 80 pb anytime soon

Brent can easily hit 80 pb anytime

Iran just launched a second missile attack

Brent oil hit 70 pb. Iran just launched a second missile attack

The cash generated from operations is positive and good ie RM 21.221 m, hence paying the banks is just a matter of time.

Lonbisc is good, that's why by 31 Jan 2020, 3 guys is coming to the Board and the present ones will be voted out

Do research, sir.

Dato Liew still has about 22.556m shares, Members One Ventures Fund from Sydney holding 33m shares and someone coming in on 31 Jan has about 29m shares

Lonbisc cash flow account ie cash generated from operations is RM 21.221m as at Sept 2019. That is still positive. The total Annual Revenue is RM 391.730 m which is far better that 2018

New BODs coming on board after the EGM on 31st Jan. These 3 guys are highly credible.

There are 3 new wells already producing light and sweet Brent of the highest standard. They are NK 3, K15 and K16

Brent oil hit UDS 68 pb up 3.5% today.

Great to be back in Reach after my long holiday. Wow, Reach is as good as ever. Waiting for the next Hibi 2. Hibi is already matured since 30 Jun 2011, whereas Reach is only 3 years old and still good.

Hold tight your shares. Don't sell. This company will shoot up MORE OIL very soon from 3 new wells

This is the best most undervalued og stock. The moment all the three new oil Wells started to shoot up oil, there is no turning back.

Something is brewing here

Buy Reach guys. Very cheap. Tp 30s. So far Reach has drilled 3 new wells ie NK3, K15 and K16. All these wells are producing oil, sweet and light crude oil which is of highest quality. The latest is Y4 oil well.

Please read the latest announcement dated 31 December 2019 carefully.

Still not stable

Yes, revisit again later