Mark T Bird

goshawk | Joined since 2013-10-14

Investing Experience Not Disclosed
Risk Profile Not Disclosed

Who am I? Well, that's not important. There are no good or bad stocks. The company is either good or bad. Stocks are just stocks.

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General

2015-11-10 16:31 | Report Abuse

Coldrisks :)

General

2015-11-09 22:17 | Report Abuse

Hibiscus proposes to acquire Hydra Energy

KUALA LUMPUR: Hibiscus Petroleum Bhd has entered a binding equity transaction term sheet to acquire the entire equity interest in Australian oil exploration and production firm Hydra Energy Holdings Pty Ltd (HEH).

In its filing with Bursa Malaysia on late Monday, the company said the acquisition would be satisfied via the issuance of new Hibiscus shares and/or in other forms to be mutually agreed to by the parties in the share sale and purchase agreement (SPA).

Hibiscus said the proposed acquisition provided it the opportunity to further strengthen its portfolio of assets and enhances its 2P/2C oil reserves/resources in Australia by an additional 15 million-17 million barrels of oil with exploration upside, to 23 million-25 million barrels of oil.

“This will facilitate the company’s advancement of the development and production phases of its Australian assets (i.e. West Seahorse and Sea Lion),” it added.

The purchase consideration for the HEH shares will be at the fair market value, which will be determined by an independent valuer.

The proposed purchase is subject to the completion of due diligence by both the vendors and Hibiscus, among others.

“In conjunction with the signing of the term sheet, the company’s largest shareholder (Hibiscus Upstream Sdn Bhd), has provided an irrevocable undertaking to vote its 17% interest in the company in favour of the proposed acquisition,” it said.

The term sheet is legally binding on the parties until the SPA is signed by the parties.

Upon signing of the term sheet, HEH and the company have entered into a period of exclusivity until the earlier of 90 days from signing of the term sheet or closing of the proposed acquisition.

Hibiscus will pay the vendors a breaking fee of US$3.5mil (RM15.3mil) if the SPA is not executed by April 30, 2016 or if its fails to obtain shareholders’ approval to complete the deal.

HEH was incorporated in Australia on July 22, 2011 and is principally involved in the exploration and production of oil and gas.

It currently holds or has signed binding agreements entitling it to the rights to working interests in seven petroleum titles located in offshore Western Australia, four of which have discoveries with 2P reserves (2P i.e. Proved plus Probable reserves).

The current remaining periods of the petroleum titles range between a year and 16 years.
Hibiscus shares had fallen 39.2% from Oct 29 to close at 36.5 sen on Nov 4. Trading was suspended from Nov 5 to 9 and will resume on Nov 11.

- thestar

General

2015-11-09 21:50 | Report Abuse

Tessa :)

General

2015-11-09 15:53 | Report Abuse

OKOK

General

2015-11-09 12:26 | Report Abuse

what?!!?

General

2015-11-07 20:55 | Report Abuse

That makes sense :-)

General

2015-11-06 12:26 | Report Abuse

YS, you in?

General

2015-11-03 18:25 | Report Abuse

Panic selling or is there something more sinister going on?

Stock
Stock

2015-11-02 14:56 | Report Abuse

0165 (XOX °)
Share consolidate 2 : 1
02-11-2015 13:39:37

Entitlement Details:
Entitlement date to determine the shareholders of XOX Bhd ("XOX" or the "Company") who will be subjected to the consolidation of two (2) ordinary shares in XOX of RM0.05 each into one (1) new ordinary share in XOX of RM0.10 each ("Share Consolidation")

Entitlement Type: Others
Entitlement Date: 20151117050000 12:00AM
Year Ending/Period Ending/Ended Date: 30-06-2016
EX Date: 13-11-2015
Payment Date: 00-00-0000

A depositor shall quantify for the entitlement in respect of:
-Securities transferred into the Depositor's Security Account Before: 20151117050000 12:00AM
in respect of ordinary transfers
-Securities bought on BMSM on a cum entitlement basic according to the Rules of the BMSB

Registrar's Name and Contact :


Remarks:
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

Submitted By:

Ref Code: N201511023200045

General

2015-11-02 14:36 | Report Abuse

ahaks

0165 (XOX °)
Share consolidate 2 : 1
02-11-2015 13:39:37

Entitlement Details:
Entitlement date to determine the shareholders of XOX Bhd ("XOX" or the "Company") who will be subjected to the consolidation of two (2) ordinary shares in XOX of RM0.05 each into one (1) new ordinary share in XOX of RM0.10 each ("Share Consolidation")

Entitlement Type: Others
Entitlement Date: 20151117050000 12:00AM
Year Ending/Period Ending/Ended Date: 30-06-2016
EX Date: 13-11-2015
Payment Date: 00-00-0000

A depositor shall quantify for the entitlement in respect of:
-Securities transferred into the Depositor's Security Account Before: 20151117050000 12:00AM
in respect of ordinary transfers
-Securities bought on BMSM on a cum entitlement basic according to the Rules of the BMSB

Registrar's Name and Contact :


Remarks:
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

Submitted By:

Ref Code: N201511023200045

General

2015-11-02 11:01 | Report Abuse

ETI TECH

General

2015-10-30 23:23 | Report Abuse

ahaks when the time comes you just go for johor stocks!

Goodnight friends

General

2015-10-30 18:50 | Report Abuse

TRIPLC :) PUNCAK ALAM :-)

Stock

2015-10-28 22:13 | Report Abuse

Uhh, IM confused

Stock
Stock

2015-10-27 16:31 | Report Abuse

woohoo fast money!

Stock
General

2015-10-22 09:42 | Report Abuse

LCTH, TMCLIFE

General

2015-09-08 12:28 | Report Abuse

Tessa, how are you doing?
One question, can you identify who visit your website?

General

2015-08-16 21:09 | Report Abuse

Babe, I love that look on Tessa face http://superawesomedeals.com.my/

hohoho

General

2015-08-16 13:55 | Report Abuse

happy sunday babe!!!

General

2015-08-16 13:49 | Report Abuse

duit & hit, hohoho
Happy Sunday

General

2015-08-12 19:43 | Report Abuse

:(

Kuala Lumpur Stock Exchange

Public Bank fell 28 sen to RM18.20 and erased 3.49 points from the KLCI. HLFG fell 62 sen to RM14.38, Hong Leong Bank 38 sen to RM12.80, RHB Cap 25 sen to RM6.71, AmBank 21 sen to RM5.05 while Maybank and CIMB fell 11 sen each to RM8.41 and RM4.94. Tenaga lost 20 sen to RM1.08 and erased 1.95 points from the KLCI while IHH Healthcare shed 15 sen to RM5.68 and Genting Malaysia 18 sen to RM3.79. Consumer stocks also fell, with Dutch Lady down RM1 to RM46, GAB 40 sen to RM13.08 but BAT added 86 sen to RM62.88. Petronas Daganagan lost 26 sen to RM20.32, Petronas Gas 10 sen lower at RM21.48 while Petronas Chemicals was flat at RM5.98. KL Kepong lost 24 sen to RM21.24, PPB Group 18 sen to RM15.12 and IOI Corp two sen lower at RM4.03. Sime Darby lost 12 sen to RM8.04.

copy from Tessa's website

General

2015-08-06 13:24 | Report Abuse

I know what I saw and I saw the lady!

hohoho

General

2015-07-23 11:13 | Report Abuse

Shhhh

General

2015-07-23 11:11 | Report Abuse

whoa
running away from Puncak

General

2015-07-08 00:18 | Report Abuse

The Johor crown prince Tunku Ismail Ibni Sultan Ibrahim has emerged as a substantial shareholder holding a 7.67% stake in TMC Life Sciences Bhd, in which Singaporean tycoon Peter Lim controls a 70.5% stake. The filing to Bursa Malaysia shows that Tunku Ismail was issued the 133 million TMC Life shares after he sold an indirect 30% stake in BB Waterfront Sdn Bhd.

TMC took over the entire stake in BB Waterfront, a wholly-owned unit of Best Blend Sdn Bhd, for RM400 million by issue of shares.

The Johor royalty held a 30% stake and Lim owned the remaining 70% in Best Blend.
BB Waterfront owns Thomson Iskandar, a medical hub project located on 1.6ha in Stulang Laut, which is within 1km radius of the Malaysian CIQ complex located at the Causeway linking Singapore to Johor Bahru.

The medical hub will contain a hospital named “Iskandariah Hospital”. Co-located with the hospital is an outpatient medical centre that will contain 400 clinic suites.

The medical hub will be managed by Thomson International, a subsidiary of Thomson Medical Pte Ltd – a private hospital owner and operator in Singapore

TMC Life (fundamental: 1.45; valuation: 0.9) closed half sen or 0.88% lower at 56 sen today, giving it a market capitalisation of RM979.06 million. – The Edge Markets, July 7, 2015.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

General

2015-07-07 21:43 | Report Abuse

New?

Thanks Tess :-)

General

2015-07-05 15:05 | Report Abuse

Big Drop in Stock Market Coming Monday?

General

2015-07-03 15:01 | Report Abuse

....me tooo

General

2015-07-01 22:39 | Report Abuse

...secret... friend?????????
hohoho

General

2015-07-01 22:26 | Report Abuse

Tessa, now malaysia reserve hacked
http://themalaysianreserve.com/new/

General

2015-06-20 23:15 | Report Abuse

:-)

General

2015-06-19 11:12 | Report Abuse

will do
tyvm sweets and happy weekend!!

General
General

2015-06-17 21:31 | Report Abuse

:-)

General

2015-06-09 14:39 | Report Abuse

YS, have you bought the DOLPHIN yet?

General

2015-06-06 09:04 | Report Abuse

will do!

General

2015-06-05 17:48 | Report Abuse

Asiabio to focus on exports

KUALA LUMPUR:Asia Bioenergy Technologies Bhd, an investment holdings company, will concentrate on exports to drive company earnings this year.

The company, which focuses on technology incubator activities, particularly in the bioenergy sector, planned to export green lumber products produced by its subsidiary, Hexa Bonanza Sdn Bhd, to North Asia countries.
Executive Director Tan See Eek said its export-based products, produced from recycled palm oil tree trunks, was expected to improve company profitability.

"This is among our strategy to increase revenue in our current financial year by taking the opportunity of the stronger dollar and weakening ringgit to undertake export activities," he told reporters after the company's extraordinary general meeting on Friday.

AsiaBio registered a bigger loss of RM1.28mil in the first nine months of its financial year ended Jan 31, 2014 against a loss of RM710,000 recorded in the previous financial year.

He said the company's revenue fluctuations was related to its equity investment business and investment policies were tied to long-term returns to shareholders.

"We do have many other business plan in the pipeline such as the agreement with certain companies to expand businesses," he said without revealing details. - Bernama

General

2015-06-05 15:49 | Report Abuse

Hello tarzan! :)

General

2015-06-05 14:20 | Report Abuse

awesome!

General

2015-06-05 09:15 | Report Abuse

Tessa's website hacked!

General

2015-06-03 09:52 | Report Abuse

aha BIOSIS not BIOHLDG
hohoho

General

2015-06-02 15:56 | Report Abuse

Sona Petroleum Bhd and Ophir Energy Plc have mutually agreed to discontinue discussions with regards to Salamander Energy (Bualuang) Ltd's assets.

In a statement, Sona said the assets now appeared less attractive from Sonas qualifying acquisition investment perspective after due process of updating the technical and economic valuations.
However, Sona, which is Malaysia's largest special purpose acquisition company (SPAC), would continuously review alternative assets and provide an update when a target has been identified, in line with relevant regulatory requirements.

It was previously reported that Sona had proposed to acquire a stake in Salamander Energy (Bualuang) Ltd, a Thailand unit of UK-listed Salamander Energy Plc, which would see it gaining a 40 per cent ownership in two of the unit's offshore oil and gas blocks.

However, the deal had fallen through in January after energy giant, Ophir Energy, purchased Salamander for US$492 million (RM1.81 billion) and the purchase being conditional on Salamander cancelling the sale of the stake to Sona. - Bernama