because myeg up, which i think temporary, technically the cheques are not theirs

oui, TP 40

@speakup the link you provided old story. The new story, new government, new directors, chances are the new contract will be awarded to IRIS. Lets ope for the best!

in several months ago, sources said this counter can double end of the year

wow limit down dsonic and myeg, the news good for iris, i guess

A company is still growing rapidly usually won't pay dividends, because it wants to invest as much as possible into further growth. You want dividend go for Blue Chips companies

pls refer to jiunn post, wave 3 :) i believe i can fly :)

perhaps donovan ang tp 2.70 achievable

treat it like FD

i rather wait

wide awake

very optimistic

Well tried but I suspect some guy is not happy somewhere.

TY Tun Mahathir!

moving up again?

lukewarm response

27 minutes 2 go

What will happen to Hibiscus, Monday? I do not know. :(

0.895, not funny HIBISCUS!

bro, u have my respect!

c'mon baby!

Oil remains close to late-2014 highs as ongoing supply cuts reduce inventories

SINGAPORE (April 20): Oil prices were firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts gradually drawn down excess supplies.

Brent crude oil futures were at $73.69 per barrel at 0129 GMT, down 9 cents from their last close.

U.S. West Texas Intermediate (WTI) crude futures were down 7 cents at $68.22 a barrel.

Led by top exporter Saudi Arabia, the producer cartel of the Organization of the Petroleum Exporting Countries (OPEC) has been withholding production since 2017 to draw down a global supply overhang that had depressed crude prices between 2014 and 2016.

As a result of a gradually tightening market, both Brent and WTI hit their highest levels since November, 2014 earlier this week, at $74.75 and $69.56 per barrel respectively.

The tighter oil market is also starting to feed into refined products, which use crude as their main feedstock to make fuels such as gasoline or diesel

"Signs of tightness are emerging in product markets as stocks saw the largest week-on-week draw since October, 2016 ... The U.S. led the draws but was also aided by draws in Singapore," said U.S. bank Morgan Stanley.

Beyond OPEC's supply management, crude prices have also been supported by an expectation that the United States will re-introduce sanctions on OPEC-member Iran.

One of the factors that has somewhat held back prices from rising even further has been rising U.S. production <C-OUT-T-EIA>, which has jumped by a quarter since mid-2016 to 10.54 million barrels per day, making the United States the world's second biggest producer of crude oil behind only Russia, which pumps almost 11 million bpd. - Reuters

moving

converts to public transport :)

IMAO, the oil price will get back to the level of 100 dollars per barrel this year

Trump's top adviser for domestic energy and environment policy is heading out the door and leaving the White House. Michael Catanzaro plans to leave next week and return to CGCN Group, the law and lobbying firm where he previously worked.

Miz Raya Bloom, in my humble opinion, Hibiscus need a talented PR person :D

no limit up? :)

Shorting, or short-selling, is when an investor borrows shares and immediately sells them, hoping he or she can scoop them up later at a lower price, return them to the lender and pocket the difference. But shorting is much riskier than buying stocks, or what's known as taking a long position.

I think that’s ridiculous. Absolutely outrageous… I understand we can’t control the price, but 2 days? Signing off

yawn

limit up?

still hold, dunno till when...

brent down a bit to 71.35

*sigh*
profit taking activities

this is bad, 4 o'clock red

dericlock, ozzie75, funny LOL

bought

agree, lets wait as Nizam5634 suggested

today TP 1.08, or higher or lower?

power play

NZ Govt tells oil industry: 'The world is changing'

The government is telling the New Zealand oil industry that the world is changing and it is time it faced the facts.

The oil industry said yesterday it was shocked and blindsided by the government's announcement that it will be ending offshore oil and gas exploration.

Senior Cabinet minister Andrew Little travelled to Taranaki last night and spoke to a public meeting of about 50 people about the announcement.

"I know that announcements of the sort that we've heard today can come as a shock, can take some people by surprise and I get that, but this is not about turning off the spigots tomorrow and shoving people out of work, this country has had that experience and we don't want to repeat that.

"But what we do want to do it to work together to work out where that future lies."

New Plymouth mayor Neil Holdom has described the government's move as "a kick in the guts" for Taranaki's economy.

But Mr Little said Taranaki's political leaders may have been naive.

"It would be a pity if the leadership of the last 20 or 30 years in Taranaki has been 'we can continue to rely on oil and gas and dairy to get us through' because I don't think that was ever a safe strategy, if it was a strategy."

Mr Little said the downturn in the oil industry has been obvious to everyone in that community as has the government's intention to transition away from fossil fuels.

"There's a reason why Shell is leaving New Zealand, because of a world-wide decision that it's made - because the world is changing."


But Tag Oil country manager Max Murray was not impressed.

"It did catch us out, we didn't see this coming.

"[We're] really concerned about the lack of consultation, sounds like now we'll get a chance to actually have a conversation about a decision that has already been made - after the fact, which is really disappointing," Mr Murray said.

Oil industry analyst Len Houwers said he thought the move was not logical.

"I don't see any connection between attacking the supply side of the equation without addressing the demand side.

"We're still 60 percent reliant on fossil fuels, stopping exploration in New Zealand isn't going to change that."

National says the government is betraying the regions

At Parliament, National's deputy leader Paula Bennett accused New Zealand First of betraying the regions.

"I feel sorry for the small businesses in places like New Plymouth who depend on the income that comes from natural gas when they were blindsided by this government today, and deeply let down by New Zealand First.

"Shame on New Zealand First," Ms Bennett said.

Green Party leader James Shaw hit back, saying that while National had signed New Zealand up to the Paris Climate Accord it never had any intention of reducing this country's emissions.

He said National was showing its true colours.

"Today we got to see the National Party defending their mates in the big oil industry saying 'actually lets just keep this going a few decades longer, maybe a few centuries longer - lets not start the transition ... let's drill baby drill'."

The onshore block offers will continue in Taranaki for the next three years, and will be reviewed after that.

A local group, Climate Justice Taranaki, was disappointed the government would allow that to continue saying communities living around drilling and fracking wellsites would continue to suffer.

"We all know that fossil fuels need to stay in the ground - offshore and onshore," spokesperson Urs Signer said.


- On 27 March 2018, Sapura said its wholly-owned subsidiary Sapura Exploration and Production (NZ) Sdn Bhd (Sapura E&P) has secured the New Zealand government's approval for agreements with OMV New Zealand Ltd and Mitsui E&P Australia Pty Ltd.


"All five offshore exploration permits are located in shallow water within the prolific oil and gas region of the Taranaki Basin, where discovered volumes to date total more than 2.5 billion barrels of oil equivalent. “The agreement provides access to a large acreage footprint of more than 8,900 square kilometres," Sapura said. - source thestar

New Zealand may have just killed its oil industry
http://money.cnn.com/2018/04/12/news/companies/new-zealand-oil-gas-exploration/index.html

sigh

c'mon baby 2 minits. please!

today friday

In bursa, u have no control over what the emotional market participants will do next. U can only control ur reaction to it.​ :)

WC up for shareholders good, those getting free warrants, those sold earlier different story LOL

indeed!

very bullish about hibiscus