elmo888

elmo888 | Joined since 2013-05-29

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Stock

2021-11-24 19:24 | Report Abuse

The Group
has maintained a healthy balance sheet and sufficient liquidity position facing the challenges ahead.
The Group has cash and bank balances and fixed deposits amounting to RM128.2 million and zero
borrowings as of 30 September 2021.

Stock

2021-11-24 19:24 | Report Abuse

During the Full MCO (FMCO) since 28 May 2021, the Group’s factory was allowed to operate at 60%
capacity. The Group continued to abide by Ministry of International Trade and Industry (MITI)’s
directives to ensure regular sanitization of premises, Covid-19 test screening and shall adhere to the
quarantine period recommended by MOH (if required), to mitigate the risk of contamination of its
plant from Covid-19 disease. The Group resumed operation at normalcy since 1 October 2021.
Although the Group experienced disruptions, there were no job losses or salary adjustments due to
Covid-19 despite the challenging economic climate.
The Group is mindful of the risk of Covid-19 disruption and global supply chains issue. With the rising
vaccination rate, improving consumer sentiment and business outlook, the Board remain optimistic
that the Group’s performance will regain some momentum towards the end of the year. The Group
has maintained a healthy balance sheet and sufficient liquidity position facing the challenges ahead.
The Group has cash and bank balances and fixed deposits amounting to RM128.2 million and zero
borrowings as of 30 September 2021.
The Board and management expect the situation to remain challenging for year 2022 depending on
the scale and length of the Covid-19 pandemic and government policy in managing the pandemic.
Despite all uncertainties arising from the current Covid-19 pandemic, the Group is confident that it
will continue to be profitable

Stock

2021-02-26 17:45 | Report Abuse

good result. revenue increase yoy and profit increase yoy too. looking forward for positive result after mco lifted from fibre optic works and satellite Ka-band gateway and C-band gateway..

Stock

2020-08-10 21:46 | Report Abuse

Microlink to develop insurance renewal digital platform for Pos Malaysia

By Adam Aziz | theedgemarkets.com | 2020-08-10 20:37:54
KUALA LUMPUR (Aug 10): Microlink Solutions Bhd is developing an insurance policy renewal digital platform and innovation channel for Pos Malaysia Bhd over a nine-month period.

In a bourse filing today, Microlink said it received a letter of award (LOA) from Pos Malaysia last Friday for the project. Under the agreement, the national postal company will share 12% of its net revenue generated from the software usage with Microlink.

The duration of the project encompasses three months of development and deployment, with another six months for the Pilot Go-Live stage, it added.

Microlink will need to integrate the platform with Pos Malaysia's existing digital channel.

"The services will commence from the date of acceptance of the LOA," Microlink said.

Stock

2020-08-10 21:46 | Report Abuse

Microlink to develop insurance renewal digital platform for Pos Malaysia

By Adam Aziz | theedgemarkets.com | 2020-08-10 20:37:54
KUALA LUMPUR (Aug 10): Microlink Solutions Bhd is developing an insurance policy renewal digital platform and innovation channel for Pos Malaysia Bhd over a nine-month period.

In a bourse filing today, Microlink said it received a letter of award (LOA) from Pos Malaysia last Friday for the project. Under the agreement, the national postal company will share 12% of its net revenue generated from the software usage with Microlink.

The duration of the project encompasses three months of development and deployment, with another six months for the Pilot Go-Live stage, it added.

Microlink will need to integrate the platform with Pos Malaysia's existing digital channel.

"The services will commence from the date of acceptance of the LOA," Microlink said.

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2020-08-07 10:53 | Report Abuse

“This is a major milestone achievement for the Omesti Group. We view this as a long-term innovation partnership with this major client and look forward to enabling this cutting-edge solution for Malaysia’s national telco,” said its executive director Chia Yong Wei.

“This BSS technology also holds significant potential for achieving optimum efficiency and cost-savings in a range of sectors beyond telecommunications, as more industries embrace IoT, cloud services and multiple device applications,” Chia added.

The BSS platform supports 5G, a major enabler for digital transformation and the full implementation of smart, inter-connected solutions.

Omesti said the new platform will deploy Huawei Technologies’ BSS technology for the roll-out of a state-of-the-art integrated Customer Relationship Management and Billing Systems architecture.

Omesti was recently confirmed as the authorised system integration partner by Huawei Technologies and has also been authorised as a reseller of Huawei software, giving access to the technology giant’s extensive portfolio of cloud and IoT solutions.

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2020-06-04 12:47 | Report Abuse

The BSS platform is also critical to TM in its plans to roll out 5G technology and other.
related services with includes “Internet of Things” (IoT) technology, cloud services
and multiple device applications. software cost from Huawei already rm49mil. RPS with dividend 5% every year. After 5 years company will redeem the RPS by paying back to shareholder RM1. Every 3 subscription of RPS will give 7 warrants. Very attractive offer.

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2019-08-30 14:58 | Report Abuse

The Board of Directors of Malton Berhad ("Malton" or "Company") wishes to announce that, all of the ordinary resolutions set out in the Notice of Extraordinary General Meeting of the Company dated 15 August 2019, were approved at the Extraordinary General Meeting of the Company held today, 30 August 2019.



The voting in respect of all of the ordinary resolutions tabled was carried out by poll and the results were validated by Sharepolls Sdn Bhd, the Independent Scrutineer for the said meeting.



The details of the polling results are set out below.



This announcement is dated 30 August 2019.

Stock

2019-08-30 14:57 | Report Abuse

The Board of Directors of Malton Berhad ("Malton" or "Company") wishes to announce that, all of the ordinary resolutions set out in the Notice of Extraordinary General Meeting of the Company dated 15 August 2019, were approved at the Extraordinary General Meeting of the Company held today, 30 August 2019.



The voting in respect of all of the ordinary resolutions tabled was carried out by poll and the results were validated by Sharepolls Sdn Bhd, the Independent Scrutineer for the said meeting.



The details of the polling results are set out below.



This announcement is dated 30 August 2019.

Stock

2019-08-24 08:49 | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED DISPOSAL OF 49% OF MALTON BERHAD'S ("MALTON") INTEREST IN PAVILION BUKIT JALIL MALL VIA THE FOLLOWING:- (A) PROPOSED DISPOSAL OF PAVILION BUKIT JALIL MALL BY PIONEER HAVEN SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MALTON TO REGAL PATH SDN BHD ("REGAL PATH"), A WHOLLY OWNED SUBSIDIARY OF AMBERSTRAITS SDN BHD ("AMBERSTRAITS"), FOR A TOTAL CASH CONSIDERATION OF RM1,480.0 MILLION ("PROPOSED MALL DISPOSAL");

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2019-08-20 23:09 | Report Abuse

production increase, nta increase, debt free, 270mil cash in bank/trust, future assets, dividend policy and positive future. don't look at this quarter only.. all drilling and maintenance are expenses and paid.

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2019-08-20 23:04 | Report Abuse

be value investor listen to this: https://youtu.be/OCEmBnq12qo just go to last 5mins listen to summary.

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2019-07-09 18:48 | Report Abuse

this is a potential company which into industrials transformation aligning with govt initiatives.. very interesting and looking forward AI and robotic

Stock

2019-07-04 22:20 | Report Abuse

-A+A
KUALA LUMPUR (July 4): Computer software and hardware consulting company Diversified Gateway Solutions Bhd (DGSB) is disposing of its entire stake in ISS Consulting (Thailand) Ltd for THB236.43 million (approximately RM32.03 million) cash.

The company will declare a special dividend of 0.8 sen per share with part of the proceeds.

The divestment is a move to unlock and realise the value of its overseas investment in the company, said the company in a filing with Bursa Malaysia this evening.

Sponsored Content

DGSB said it had today entered into a share sale agreement with itelligence AG for the purpose of the disposal.

The principal activities of ISS Thailand are the provision of advisers and consultants for computer software solutions.

DGSB said the proposed disposal provides an opportunity for the company to unlock and realise the value of its overseas investment in ISS Thailand, especially with the strong Thai baht, to bring the foreign exchange investment and earnings back to invest further into its existing operations in Malaysia.

"Upon completion of the proposed disposal, DGSB will continue its digital media and infrastructure services in Malaysia, and also grow its food technology and manufacturing business," it said.

DGSB said RM32.03 million proceeds of the disposal will be utilised for capital expenditure and working capital requirements for the expansion of its food technology and manufacturing business, payment of incentives, repayment of the group's bank borrowings, and a proposed special dividend.

The proposed disposal is expected to be completed in the third quarter of 2019.

Shares of DGSB closed unchanged today at 11 sen with a market capitalisation of RM82.03 million.

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2019-07-04 22:18 | Report Abuse

at current price is 0.11 the special dividend yield is 7.2%. what if the price at 0.16 per shares still get 5% special dividend yield.

Stock

2018-10-09 08:59 | Report Abuse

OTHERS
Press Release - Hibiscus Petroleum To Acquire Discovered Oil Fields; Expand
Footprint In The United Kingdom
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

09/10/2018 08:48 AM

Stock

2018-10-09 08:58 | Report Abuse

5199 HIBISCS HIBISCUS PETROLEUM BHD
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
HIBISCUS PETROLEUM BERHAD ("HIBISCUS PETROLEUM" OR "COMPANY") PROPOSED
ACQUISITION OF A 50% INTEREST IN THE UNITED KINGDOM ("UK") CONTINENTAL SHELF
PETROLEUM PRODUCTION LICENCE NO. P.198 BLOCKS 15/13A AND 15/13B IN UK CENTRAL
NORTH SEA BY ANASURIA HIBISCUS UK LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY
OF HIBISCUS PETROLEUM, FOR A TOTAL CASH CONSIDERATION OF USD37.5 MILLION
("PROPOSED ACQUISITION")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

09/10/2018 08:48 AM

Stock

2018-09-26 22:00 | Report Abuse

Vincent Lau, vice-president of research at Rakuten Trade Sdn Bhd, noted that the market has turned bullish on the O&G sector following the rebound in prices after a lacklustre performance over the last few years. “The market has turned bullish on the O&G industry as the oil price breached the US$80 per barrel level with Opec and non-Opec states rebuffing Trump’s demand for a move to cool the market.

“It’ll take time for the higher oil price to translate into higher earnings for the O&G-related players but it should translate into more work orders, which will be beneficial to the industry,” he said. He pointed out that laggards in the industry such as Straits Inter Logistics Bhd, an oil trading and bunkering company, could benefit from the return of investors’ interest in the industry.

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2018-04-02 08:49 | Report Abuse

Having met all the conditions precedent under the SPA, the transfer of operatorship from Shell to SEA Hibiscus concluded on 31 March 2018 and SEA Hibiscus thereby assumed the role of operator of the North Sabah PSC. As operator, SEA Hibiscus will be responsible for the day-to-day operations and management of the work activities of the assets within the North Sabah PSC. “We are pleased to welcome the highly capable team which has transferred from Shell to SEA Hibiscus and look forward to working closely with PETRONAS and PETRONAS Carigali to maximise the economic value of this asset. Whilst we are excited to develop the opportunities that have been identified to realise the considerable potential within the North Sabah PSC fields, our focus will be to improve the performance of the asset in a safe and environmentally responsible manner,” said Dr Pascal Hos, Chief Executive Officer of SEA Hibiscus.

Stock

2018-04-02 08:49 | Report Abuse

Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or the “Company” or the “Group”) is pleased to announce that its indirect wholly owned subsidiary SEA Hibiscus Sdn Bhd (“SEA Hibiscus”) has completed its acquisition of a 50% participating interest in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (“North Sabah PSC” or the “PSC”) and the joint operating agreement (“JOA”) in relation to the PSC. To recap, SEA Hibiscus had, on 12 October 2016, entered into a conditional sale and purchase agreement (“SPA”) with Sabah Shell Petroleum Company Limited and Shell Sabah Selatan Sdn Bhd (collectively “Shell”) to acquire Shell’s participating interests in the PSC between Petroliam Nasional Berhad (“PETRONAS”), Shell and PETRONAS Carigali Sdn Bhd (“PETRONAS Carigali”), and the JOA between Shell and PETRONAS Carigali for the total purchase consideration of US$25 million. The North Sabah PSC includes 20 offshore platforms across four producing fields located in the South China Sea, off the west coast of Sabah, and the Labuan Crude Oil Terminal located in the Labuan Federal Territory, in Malaysia. The fields have been producing since 1979 and the PSC provides the Group with operatorship and production rights up to 2040. Hibiscus Petroleum Chairman, En Zainul Rahim said, “We would like to thank all the parties involved especially PETRONAS, PETRONAS Carigali and Shell for their support which has enabled us to complete this acquisition. The North Sabah PSC constitutes our second producing asset, providing the Company with another revenue stream after the Anasuria Cluster. It is an exciting time for Hibiscus Petroleum as we expand and strengthen our technical and operating capabilities, profitability and balance sheet. This is an example of Hibiscus Petroleum’s strategy to grow shareholder value by focusing our activities on assets where we believe we can offer a unique value proposition to enhance production from mature assets in regions of our geographic focus.” Furthermore, the North Sabah PSC will significantly boost the Group’s production and proven and probable reserves (2P Reserves). On a 100% PSC basis, the total oil production averaged approximately 14.6 kbbls/day in 2017, with 2P Reserves and contingent oil resources (2C Resources) as of 1 January 2018 at approximately 40.9 mmbbls and 79 mmbbls, respectively.

Stock

2018-02-07 19:14 | Report Abuse

HIBISCUS PETROLEUM ON TRACK TO DRILL ITS FIRST SIDE-TRACK WELL IN THE ANASURIA CLUSTER
• Anasuria Operating Company Limited on track to drill and complete its first side-track well by 1H 2018 on the Guillemot-A field
• Contract awarded to Seadrill for the West Phoenix semi-submersible rig to drill the GUA-P2 sidetrack well
• Net 2P Reserves of 1.01 MMbbls to be realised from the GUA-P2 side-track project
• Production from the GUA-P2 side-track well to commence upon completion of the project


Kuala Lumpur, 7 February 2018 : Hibiscus Petroleum Berhad (“Hibiscus Petroleum”) announced today that its jointly-controlled operating company, Anasuria Operating Company Limited (“AOC”) is on track to execute and complete the Guillemot A GUA-P2 side-track well, a planned production enhancement project at the Anasuria Cluster concession off the U.K. North Sea, which will unlock 1.01 MMbbls from its current net 2P (proven and probable) reserves.
AOC has recently awarded a drilling rig contract to North Atlantic Drilling Limited, a subsidiary of Seadrill Limited – an international drilling contractor that owns or leases a fleet of more than 50 drilling rigs. Under this contract, AOC will procure the services of Seadrill’s West Phoenix drilling rig, a sixthgeneration semi-submersible unit, to drill the GUA-P2 side-track.
After a regional tender exercise and careful evaluation of available rigs in the region, the West Phoenix was chosen for several reasons including certainty of the rig’s delivery schedule, strong past operating performance, crew competence and good health, safety and environment record. The contract will be effective for a minimum duration of 30 days which is anticipated to commence in the second quarter of 2018.
The GUA-P2 side-track project is an opportunity to re-enter the existing GUA-P2 well and drain additional volumes of hydrocarbons by side-tracking the well into existing reservoirs. AOC is currently targeting to complete this project by the end of June 2018 with production from the side-track well to commence upon completion of the project.
Hibiscus Petroleum’s Managing Director, Dr Kenneth Pereira, said, “Our plans to further extract value from the Anasuria Cluster are progressing on track. These projects are mainly funded from internally generated funds. The GUA-P2 side-track project is part of a series of production enhancement projects shortlisted for execution in 2018 and 2019 which are targeted to increase production to 5,000 bpd by FY2020 while also increasing our 2P reserves. Together with earlier projects announced, we are increasing production, reserves as well as adding to the life of this asset.”

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2018-01-17 18:14 | Report Abuse

We refer to the Company’s announcement dated 8 December 2017 in relation to the Proposed Free Warrants Issue (“Announcement”). Unless otherwise defined, the abbreviations and definitions used in the Announcement shall apply herein.

On behalf of the Company, RHB Investment Bank wishes to announce that the listing application in connection with the Proposed Free Warrants Issue has been submitted to Bursa Securities today.

This announcement is dated 17 January 2018.

Stock

2018-01-17 18:09 | Report Abuse

@Sharmira - this company without debts or bank loan(no need to serve bank interest). OG is very costly business. PP is for future working capital and for future biz expansion. The other possibility is institutions approach the company need more shares so instead of buying from the market(frm small fish) at the high price they will go through pp process. this is win-win situation. After this no more pp as per understanding in the AGM in last Dec.

Weak fundamental is over for this company during the tough days when the oil price about USD 30+. Now what is the next growth? It is in the billion company category.

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2018-01-17 17:47 | Report Abuse

Over these few days are the healthy correction due to overbought is extremely high. Hope that it can stable for sideway then start another trend based on the next quarter result. Small fish don’t even think about can control the company for this large company(>1.5bil shares). Small fish please sell and let the institute collect more shares so that floating shares in the market will not high and reduce # of small fish shareholders.(>9000)

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2018-01-17 17:33 | Report Abuse

Pp=more working capital for future without interest. If without pp then we hv to go for commercial loan which interest is high and more burden to the company and affect the pnl. pp is successful meaning investors are confident on this company future(10% is not small fish can take based on the current hibiscus is > 1.5bil company. Abt dilute the share price it is very depending on qoq growth on profit(do u foresee crude oil will crash again in 2018 then u better exit else with this crude oil price it will be handsome profit) The biz hv to growth... Next is free warrant for next 3-5 years working capital for investment and growth.. Note that bank will stopped lending money if without pp hibiscus will not able for turnaround over last few years (tough days)

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2018-01-02 15:53 | Report Abuse

Look at fundamental. The game just started next qr will tell. Malaysia as a key hub in logistic else cn, jp, Middle East will not invest huge money to build the ports and og storage. in Malaysia. Just hope that Straits could get more contracts.

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2017-12-05 14:10 | Report Abuse

Hibiscus Petroleum Receives Petronas Carigali’s Unconditional Consent Under the Joint Operating Agreement to the Assignment of Shell’s 50% Interest in the 2011 North Sabah EOR PSC Kuala Lumpur, 5 December 2017 – Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Group”), Malaysia’s first listed independent oil and gas exploration and production company, announced that it has received unconditional consent from Petronas Carigali Sdn Bhd (“Petronas Carigali”) under the Joint Operating Agreement (“JOA”) for its indirect wholly-owned subsidiary, SEA Hibiscus Sdn Bhd (“SEA Hibiscus”) to acquire from Sabah Shell Petroleum Company Limited and Shell Sabah Selatan Sdn Bhd (collectively “Shell”) their 50% participating interests in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (“North Sabah EOR” or “PSC”) (“Proposed Acquisition”). The PSC comprises four producing oil fields and associated infrastructure i.e. St Joseph, South Furious, SF30, and Barton oil fields. The PSC also contains pipeline infrastructure and the Labuan Crude Oil Terminal. Total oil production (on a 100% PSC basis) averaged approximately 18,000 barrels per day (“bbl/day”) in 2015. The PSC provides long term production rights until 2040 with identified future developments opportunities. Hibiscus Petroleum will announce further developments on the Proposed Acquisition in due course. The Proposed Acquisition is in line with the Group’s strategy to invest in profitable development and producing business operations in core geographical areas of interest. The North Sabah EOR can provide the Group with immediate access to proven and probable oil and gas reserves with future potential upside. Currently, Hibiscus Petroleum’s main operating asset is a 50%-stake in the Anasuria Cluster, a concession in the North Sea off the United Kingdom, which was acquired in March 2016. Hibiscus Petroleum is optimistic that oil prices will more likely increase or remain at the current level in the near to medium term and the recent price recovery will support the Group’s performance for as it increases production in the Anasuria Cluster. Over the past year, Brent crude oil prices have raised approximately 16% and closed at US$63.21/bbl as at 30 November 2017. Hibiscus Petroleum achieved an average realised price of US$51.54/barrel (“bbl”) in the first financial quarter ended 30 September 2017 (“1Q2018”), 14% higher compared to US$45.21/bbl achieved in the corresponding preceding quarter (“1Q2017”). The higher prices are occurring even as Hibiscus Petroleum targets to execute production enhancement projects in 2018 and 2019 which is expected to increase its production at Anasuria Cluster to 5,000 bbl/day an increase of 56% from 3,204 bbl/day as at 30 June 2017. The Group announced recently successfully completed enhancement projects at three wells at its Anasuria Cluster of oil and gas fields – designed to improve short- and medium-term performance to compensate for the expected production decline of such mature asset, while seeking to improve health and safety aspects. The Group also recently completed a 31-day scheduled shutdown (“Offshore Turnaround”) of the Anasuria floating production storage and offloading unit (“Anasuria FPSO”) which commenced in mid-September 2017. The Group recently announced its 1Q2018 result with a 6% increase in Group Revenue to RM58.2 million from RM54.7 million a year ago mainly driven by higher average realised crude oil price.

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2017-07-17 13:04 | Report Abuse

bonus issue 1:1 free 1 warrant.. become a potential country with bright future of this counter.

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2014-07-03 21:11 | Report Abuse

YES. Alivetoinvest..

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2014-07-02 20:45 | Report Abuse

Victorian Offshore Oil Project Gains Federal Support
Media Release

WT101/2014

30 June 2014
Joint release with:

Darren Chester

Federal Member for Gippsland
The West Seahorse project has been granted access to Federal Government Major Project Facilitation (MPF) services, recognising the project's national strategic significance.

Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said Carnarvon Hibiscus will now have access to MPF services to help advance the project.

“Carnarvon Hibiscus’ $140 million plan is to drill two production wells in Commonwealth waters and produce the wells through a Mobile Offshore Production Unit (MOPU), creating 100 new construction jobs off the Gippsland coast,” Mr Truss said.

“This is the type of private sector investment we are encouraging to boost Australia's economy, and we are playing our part by coordinating and facilitating the various Commonwealth approvals needed.

“Carnarvon Hibiscus proposes to transport oil through a subsea flowline to a floating storage and offloading vessel, before shipping the oil to refineries.

“Administered by my Department, the MPF service helps companies cut through red and green tape by providing early advice and support on approval processes and coordinating those processes across Commonwealth, state and territory governments to reduce delays and costs.”

Federal Member for Gippsland Darren Chester said the Australian Government would work closely with Carnarvon Hibiscus to get the project delivered as smoothly as possible.

“A major project like West Seahorse will help boost the Gippsland economy,” Mr Chester said.

“In an operational phase expected to last four to six years, Carnarvon Hibiscus will create 30 full time jobs to help extract up to 12,000 barrels of oil a day. The project is also expected to create a further 20 indirect jobs associated with offshore support activities.

“The benefits of jobs and economic activity will flow on to businesses in the region, reinvigorating the local economy and playing a part in boosting Australia's productivity.”

To ensure the approval process is coordinated and achieved as quickly as possible, Mr Truss has written to Victorian Premier Denis Napthine and relevant Commonwealth agencies seeking their active cooperation and assistance.

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2014-06-25 23:55 | Report Abuse

@dragonslayer, if you are holding the share [even not making money] try their new meeting location at pullman(for last few years they had it at PJ Hilton), meeting up with talented ppl there, talk like the leader... somemore got nice food and buffet style... hope i answer your questions. but dont you want to tar pao make sure you bring your mask lor ... there is nothing say cannot but just culture shock for some ppl lor.

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2014-06-25 22:46 | Report Abuse

tomorrow is AGM for hibiscus, go ask them these questions. if you did not attend their AGM/EGM before you should go and see how professional they are.... there are plenty of professionals, experts from different countries will be there and talk openly on their performance and future plan... it is one of the best AGM/EGM ....

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2014-06-25 08:34 | Report Abuse

@Edmund Investor. A good company don't need thousands of key shareholders. a few will own it is good enough and have better control of the company directive. Come to EGM and Agm they will focus on their long term supporter to support their business successor. If you are not part of their long term and you are ahort term trader my advise is get out from this counter and fish for other... :-)

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2014-06-24 20:27 | Report Abuse

they are many bullets are waiting there for limit down... :-) what to worry... :-)

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2014-06-24 20:07 | Report Abuse

3703 shareholders are holding 7% shares :-)

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2014-05-16 23:03 | Report Abuse

@splendid_ignorance - thanks for sharing your view.

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2014-05-16 22:49 | Report Abuse

@WYChan: this is not a ghost town, is just keeping silent to observe the trend... hopefully it will come soon..

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2014-05-16 22:26 | Report Abuse

@taciturn: i dont mind your personal attack, I had this stock for years and attended almost all their AGM years back. Yes, it was my mistake about KWAP and KWSP, as long as this institute is trying to let go their position in this. I/m seriously hope they will get their johor projectbut it was years story. please look at their free cashflow since listed then you will know what i said. I just hope ppl are not into this trap. dont you forget the ugly family issue on the management board?? Time will tell mate..

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2014-05-15 22:33 | Report Abuse

do you notice that the sharebuy back push the share price? must be some big shark let go their shares... let us monitor KWSP selling any shares? may be this is the trick for the company utilize their fund to push the share price... they have so much debts, normally cash rich company only shares buyback ...watch out... RM10mil+ for buy back... if it is good they should give better dividend...