last time they determine the price of oil found total is 5.2. But remember, at that time, not so much private placement and warrant conversion. After this few rounds, I dont think the price still like this.

i apologies if i said some serious word and affect the price grow. But as part of the forum, I must say something truth and not only just want to make profit the current oil field have that will produce during 2014 and 2015 only can support price less than 1.5. So Oman must success (not antoher extra big bonus) to support the current price.

No matter what other oil discoveries, Hibiscus will start oil production in Australia in 2015. So in 12 months, anything else is a big bonus. I would not be surprise of the price even hit over RM20.

what is this? this already explain you are poor knowledge.

ya, your time only worth to talk beautiful and misleading thing.

your word misleading me. your word already said the current asset that produce in 2015 already worth with current price. Then make me angry.

i dont want to talk regarding current assets. You always mention 2015 producing. Produce what? produce the current oil asset? worth how much? how about oman fail? any oil to produce?

ya, your word not wrong. I also agree the success rate not bad. But does not means the fund manager wont throw the share and run away when oman fail. We must remember, their price bought are far far lower than us.

i just want to said again the 2015 producing, does not represent the current price. the confirmed oil amount is how much, please go and study. I dont want to talk here. the current price only worth if oman got oil.

no need talk from 2014 to 2015. If oman fail, all run away. confidence not there anymore, who still want to throw money? if first success, second fail, third and forth success. people still there. otherwise, sorry. Your word already misleading the beginner. if price still cheap like below 2. I can suggest buy more. But now the price not cheap, yours said cheap because yours have mind think the oil sure can get. I also investor, But I cannot become like you always said how good there. For those with hard money to invest, you must imagine, if price fall back below 1.5.

a lot of people use forum to promote stock. I also like promote the stock I hold. But it is responsible also tell the risk. So that beginner in this forum know what are the pro and con.

invest still invest. the risk still there. i just hope that the people dont be too affect by this forum said. it make people think buy hibiscus can be one day rich. You must think the fail rate still there. just better than you goto casino.

i here for invest. I still got share that bought during price below 2. But i must said fair thing, intead of said something the success rate is high like sure can get oil.

if you understand, the most important is not the oil. most important is the rex technology. If rate really high as documented, then grow big like petronas also not the problem. When oil found, i think people will continue hold the share, because what we want is not the immediate profit, is the future!

for fair, i want to say, the current oil asset, just can support the price up to around 1.2. oman is key. If oil found, confidence is there. If fail, how many licenses behind, also nobody will to invest any more. The first try decide the future.

people are realistic. when benalec price jump to 1.5x, all said how good to it. Now when company face some problem, all turn to say bad thing. Chinese said "flower never has hundred day red, human never has thousand day good". We should accept some bad thing and treat it as a chance. risk is chance, chance is risk. how good the company also will have bad in one day.

still not make a good turn around yet. But no loss any more. people with knm long long time ago, should not abort now. For investment, we can diverse. Invest some in company that want to wake up such as knm, invest some at growing company, such as hibiscus, invest some in blue chip during bad market time. So when you balance your investment, sure one day, you have good return.

hibiscs also start from spac. It turn so fast because got strong management team and use reliable technology to explore their own instead of just buy the ready assets only. if buy assets, profit is not high, because need to pay high amount then just continue from there.

if really can get oil, modal is not problem. most people willing to pay.

if like that, then can buy. means oil found quite high chance.

big gap at 2.7. If can break, means oil found is high chance. Otherwise be careful lah.

if very good not really. when u see datasonic and karex. then you know what is good.

5000 lot want to sold at 2.7! big shark final run.

yours think too far. This is high risk, if so easy get oil, a lot of traditional company need to close shop loh.

Where got so soon? drilling start from 25 nov. Now 1 month also not enough.

if smart, should run. QE tapering soon.

so, high chance, the price drop back to 2. For those can involve more, can sell now. then buy back later and wait for oil result.

simple: who cannot take risk, this is time to sell and run. I believe trader will start sell their shares before end dec. They wont care what is the result. They already enjoy this sudden rise benefit already. For those believe and investor, sure will enjoy more benefit later of course if strike oil lah.

so better sold off your share now before too late!

drop 4cents? should back to 2 mah. So all trader run away.

somebody see a long term. I believe their business got value. 1-2 quarters make loss cannot conclude that one is rubbish company.

i used this picture because i always talk bullshit, when most of the people are just contra player or trader. But i can said, I invest stock more than 2 years, still in profit mode.

time is always give to u. rule to avoid catch falling knife: analyze that company still can buy or not. You got time, because when a stock recover back, it need to take some time and stable at certain level.

of course, you need to evaluate yourself. i not asking you buy rubbish company.

The most beautiful and exciting is not during the bull time. But during bear time. When most of the people fear, disappointed and sold all the stock, this is the time, you come out.

stock trading is not a simple task. EQ very important. this is explain why the people always sell at low, buy at high. When people throw, they also worry and throw at the same time, even the stock already make historical low. When the price high and no more news, they still want more high and reluctant to sell.

first of all, you must understand, you are trader/investor. Then you understand the stock mode. If you are trader i recommend you goto other stocks that in goreng mode, e.g. hibiscus.

u are not wrong powerwk! unless project got movement. At now, i can said, price is stable, so turn into hold & collect mode only.

too much trader. better trader out, so investor can come in. I want buy more at low price!

if you not confidence, you can sell it when price reach to 1.3. I think that one is not a difficult target.

why said like that? it it not optimistic. It is possible.

price still high. Can drop back to 3.5?

i will said i will hold. but no extra money to buy more. few years come back, may be more than 2 already.

if i got money.

less than 1, i bought. how many biji. not important. I just trust its long term. short term up few cents, for what?

ya coming, those sell because of fear this fear that, then sorry lah. when price back from 1. means it is stable already. now just time to jump back above 1.1 only.

result should out before cny. price either more than 3 or drop back become 1.xx. should not be 3.

long term is ok. the most important one is this Oman, if oman success, people will more confident with the rest of the licenses. At that time, the price more than 10 is possible.

i think we should recommend hib become one of the index stock.

wa become top gain. Soon limit up, this few days. Who sell now, then really.....

theory very simple, when you see so much big boss willing throw money inside, sure the strike oil chance is very high already. They are not stupid. So we follow buy and become investor, sure is a smart way!