Btw, gross production is the total amount of oil produce in the field? Net production is hibiscus share of oil?

Wow. That would be great if everything go smoothly. Wonder why the share price so bad.

Thx Titus

@titus. Mind sharing where this additional 20% production come from? If not mistaken won’t be so fast rite?

Agreed. As long as Brent above 65, hibiscus should be trading at 1.80. PE only 5 now.

Hahha. I’m trying to relax. But bit fedup lo.

Someone mentioned SC replied to him that they will investigate hibiscus price fixing manipulation? Can share the replies here bo?

Oil up hibiscus drop. Oil drop hibicus drop harder

@Titus, I would like to see.... but hibiscus doesn't meet kKY golden rules yet right? last qtr was lower than previous qtr results...

bought Hibiscus Son at 47.5 when mother was 1.05... now mother 1.18, but son still at 47.5

Heavily manipulated by banks who issue call warrant. Is this allow ?

Joker counter. Pure benefit of oil price hike but not moving

Son no up when mother up. Now mother drop, son follow drop.

https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti

KYY still got hibiscus? Thought he sold long ago?

Could be some fund disposing Wc? That is why the price being suppress

Wah Lau. Bankers win.

oh no...bought the wrong one..son super lagging

@paperplane, why 2021?
New capacity ?

@tehka. Commodities supercycle? If that happen. Easily rm10. Hahahah

Warrant adjusted according to new conversion price. Next week will move in tandem with mother. Gogogo

Slow and steady. Better than shooting too fast like dayang.

Congrats to those that still holding :)
Sold mine too early, will come back when got opportunity

give me some time to topup more... haha

dayang up and hibiscus still sleeping....

what is this IDSS?

look like big transaction between two major PUC holders...

prince4, 不是很明白你要表达什么。。。 如果你了解 PW 的客户群 和生意模式 可能 你会有不一样的见解。 他可是很多中国和香港基金想要吃下来的公司。。。

Interesting MOU with Chiyo Asset...
(i) CAMKK shall cooperate, collaborate and work together with WPSB or any
of PUC Berhad’s nominated subsidiary to procure, arrange and provide
institutional capital as a source of funding for business activities or
investments to be undertaken by WPSB; and
(ii) CAMKK shall provide necessary support and advice to WPSB to
participate a program initiated by Yayasan Pekerja Malaysia (“YAPEM”)

Does it mean PUC will only act as middleman for such micro financing with minimal risk but steady commission...

@YapJH, somehow you read my mind :P I am actually wonder why CCC dont use PW as the vehicle to do RTO on PUC? PW should be at better financial condition than PUC? Not an expert on this...

@Daily, just realize that when I reread the whole sentence (somehow I miss to type something)... you need to understand, im risking myself writing them while my boss watching behind, hahaha... anyway, good to clarify...

That is true... we need opinion that supported with facts which is easier for discussion and argument...

@YapJH, my bad... cheers :P

@Daily, My dear friend... 1.33mil is total losses for 100% of 11street. Monthly loss of 100k from Cytew referring to PUC portion in 11street (which is around 10-12%? can't remember)....

@YapJH, Agree that market place is never easy task...need to burn alot of money to attract people...Perhaps it is part of synergy between employees from PUC and 11street... In future you will also seen synergy from PW employees... Also, dont forgot PUC are doing all the marketing for 11street now, left right pocket things...
Anyway, let's see what happen in coming qtr....

@YapJH, please read through the QR page 11.. last paragraph on Review of Performance:
" The Group’s investment in its’ associated company, Pictureworks Holdings Sdn. Bhd., contributed profit of RM3.20 million in the period under review. However, this is offset by the loss arising from the Group’s investment in Celcom Planet Sdn Bhd of RM0.40 million during the current quarter"

If you calculate the losses, total monthly loss from 11street was 1.33mil per month in last qtr (assume 10% owned by PUC)... which is not far away from cytew comment...

Yes, you are right. PUC management has done superb cost cutting cost on 11street after they taking over the management in less than few months, proven by the QTR... Furthemore, despite the aggressive cost cutting on 11street, the users traffic on their site are actually rebound after decreasing for few continuous months....

sonyx123, well said... if he want to cash out, he can get buyer from China or HK at much higher valuation...or just listed at HKSE.
No need to handle this sinking PUC, but he has inherit it from his late brother... He has strong sense of obligation to make PUC Shine again... that is why you see him injecting his own baby PW into PUC to make PUC stronger Financially...

wow... miss the boat..

I suspect the boss selling Puc mother to raise fund to convert his PUC LA. look at the announcement earlier, calculate yourself how much he need to raise to fund the conversion. From the amount he sold last few days should be sufficient.
Let wait patiently for next announcement when he convert the LA

what if the PUC management able to turnaround the loss making 11 street?
tighten your seatbelt guys.... more to come :D

Puc give dividend? not likely... they still in thirst for capital

instead of blaming on the share price, try to look at what hv happened in the past few months since ccc take over the PUC management in Early 2017. Last QTR results was superb (PW doing great), major corporation with SIAT (R&D on AI and Facial recognition, one of china best institute which have similar JV with huawei and tencent ), Revenue Monster (vendor for wechat wallet), cloudbreakr (influencer) and ADA from Axiata.... all these are great things that going to transform PUC.

all semiconductor stocks shoot up at historical high except KESM... one of the lowest PE semicon now... Let's see how is the coming qtr results

All resolutions pass... @IVAN2222, please don't spread fake news...

@newbie8080. I’m also looking for it. :P

HLB gave a TP of 50cent for PUC long before the announcement of 11street, they must have know something we dont... expect more to come from PUC...
btw, anyone have HLB report on PUC? really interested to know how they come up with 50cent valuation...

results okay mah... mainly due to impairment written-off for those receivable that cannot be recovered since ages....

the MOU with Bersian is for 12 months period... today announcement only to clarify that nothing is agree yet between both party after 3 months....

This is amazing... wait for next waves :)

wow... i didnt expect to rebound so soon...

Most transaction today done at approx 25-26 range. Washout or cashout by operator? U judge. Time will tell :)

http://www.theedgemarkets.com/article/uob-potential-ma-deals-anchor-earnings-malaysian-telcos

thanks for sharing... :)

already 1 year + holding this ...dont mind to hold longer...haha

another benefit of buying OCK wa is the leverage effect...gearing of about 4x...very rare in the market...