I HAVE JUST SOLD AND TAKE PROFIT FIRST BUT BELOW MY ACTUAL TARGET PRICE !!

THERE ARE NOW TOTAL 5 WINDING UP PETITIONS, LATEST 2 NEWS IS ACTUALLY RECEIVED AND ANNOUNCED AFTER THE LOI, AND 3 OLD NEWS WAS BEFORE THE LOI ANNOUNCED.

http://www.rigzone.com/news/oil_gas/a/145934/Malaysias_THHE_Receives_More_WindingUp_Calls

THERE ARE NOW TOTAL 5 WINDING UP PETITIONS !!!

THHEAVY Receives More Winding-Up Calls.

TH Heavy Engineering Berhad, a fabricator of offshore oil and gas facilities, disclosed that winding-up petitions against the firm have been presented to The Kuala Lumpur High Court of Malaya from 2 more companies :

The first winding-up petition was served by Nusapetro Sdn Bhd, with the firm seeking $399,001 (MYR 1,605,285), inclusive of interest rate, from TTHE. Nusapetro said the amount is for the supply of API610 centrifugal pumps package for the floating production, storage and offloading (FPSO) Layang project.

Winding-up No. WA-28NCC-622-07/2016 by Nusapetro Sdn Bhd (“Petitioner”) and a copy was served to THHE’s registered address on 28th July, 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5163837


Bicara Sepakat Sdn Bhd also submitted a winding-up petition against TTHE's 70 percent owned subsidiary THHE Fabricators Sdn Bhd, claiming $238,830.69 (MYR 960,877.98) inclusive of interest rate for the provision of piping fabrication, installation, hydrotest and reinstatement works

Winding-up No. WA-28NCC-623-07/2016 by Bicara Sepakat Sdn Bhd (“Petitioner”) and a copy was served to THFSB’s registered address on 28th July, 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5163841


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Good, just let them press down, the lower the better, is all technical, then we take their advantage too! They use their effort to press down the price, we just sit and enjoy waiting to buy at low price !!

the price purposely press down in order to buy and collect more by today (10 June 2016) so that the fund mgr still can enjoy more dividend as next monday is dividend ex date( 13 June 2016). Furthermore, the KL118 project has been secured, the price now all technically done with slow n small volume to collect as past result is past and they are now looking forward to the bright future prospect with more than 2bil project secured onhand beside the dividend.

Good morning guys, yes , you are right, it is MYR1.35 ! However, unfortunately there seems some problems over this forum site that could not attached the news copy. Does anyone know how to attach photo copy over here?

Yes, true.

Indeed since HIBISCUS has been graduated from SPAC and transformed to Oil Production Company , HIBISCUS has also been categorized as "Oil Extraction Sector" by Wall Street Journal.

As for UK news here, we found headlines on their news posts detailing HIBISCUS Petroleum with a BUY recommendation MYR1.35 target price.

.

http://www.poloresources.com/PoloResources_Home.htm

http://www.poloresources.com/Investments.htm

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Alam Maritim Resources Berhad reported that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd, received a Letter of Award from PETRONAS Floating LNG 1 (L) Ltd. (PFLNG-1), a unit of Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS), for subcontract work on the floating liquefied natural gas (FLNG) facility, which will be deployed offshore East Malaysia. Under the contract, Alam Maritim will supply miscellaneous marine spreads for PFLNG-1 project. The contract value, as announced in a filing with local stock exchange Bursa Malaysia, is $6.8 million (MYR 28.3 million). Alam Maritime will commence work on the subcontract in mid June, with completion scheduled for mid October.

Alam Maritim Bags $6.8M PETRONAS' Subcontract for PFLNG1 Facility

http://www.anasuria.co.uk/

Hahaha, there is no need to waste time to response to them.

Their attitude shows their altitude. Now we know how well these people were educated!

These people are spending their precious time and put a lot of effort over here obviously because of their strong interest and keen in buying this HIBISCUS stock by misleading people with so that they can get a lot cheaper. They knew that HIBISCUS is not an ordinary company but it is a working relationship between the UK and Malaysia!

.

http://www.hibiscuspetroleum.com/#!investor-presentation/ytlan

these people are spending their precious time and put a lot of effort over here because of their strong interest and keen in buying this HIBISCUS stock by misleading people with so that they can get a lot cheaper. They knew that HIBISCUS is not an ordinary company but it is a working relationship between the UK and Malaysia!

HIBISCUS PETROLEUM BERHAD - PRESS RELEASE

HIBISCUS PETROLEUM MOVES INTO PROFITABILITY:
POSTS SIGNIFICANT GAINS FROM ANASURIA COMPLETION

• Completion of Anasuria acquisition a turning point for Hibiscus Petroleum
• RM 80.5 million profit after tax for the third quarter period
• Anasuria Cluster in a cash flow positive position
• Anasuria Cluster now a stable source of revenues and profits at current oil prices for Hibiscus
Petroleum

31 May 2016

Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Group”) today announced its results for
the third quarter ended 31 March 2016 (“third quarter”). For this period, the Group recorded a profit after taxation of RM80.5 million (an increase of RM 91.5 million versus a loss after taxation of
RM11.0 million in the corresponding three-month period ended 31 March 2015). The turnaround
achieved in the third quarter was attributable to the completion of the acquisition of the Anasuria
Cluster on 10 March 2016. This acquisition represents a significant milestone in Hibiscus Petroleum’s growth towards being both profit and cash generative.

Upon completion of the acquisition, the Group recognised a fair value gain of RM135.3 million.
The gain was generated as a result of the difference between the net assets of Anasuria Cluster at fair value versus the purchase consideration for the acquisition. The ownership of the Anasuria Cluster, with oil priced at a premium to Brent, provides the platform for Hibiscus Petroleum to generate a stable and long-term revenue stream. This is now also positively set against a backdrop of rising oil prices as the oil marketplace appears to have turned the corner with December 2017 Brent futures trading at USD53/barrel as at the date of the Quarterly Report for the third quarter.

With respect to its future plans for this asset, a key objective for Hibiscus Petroleum is to boost the
production rate of the Anasuria Cluster. Since taking over operatorship of the asset, the planning
process has commenced for the development work to be undertaken to transform the productive
capacity of the Anasuria assets. This would enhance oil and gas production rates which are expected to last well over the remaining useful economic life of the asset.

Hibiscus Petroleum Managing Director, Dr Kenneth Pereira commented, “With the completion of the acquisition of the Anasuria Cluster, Hibiscus Petroleum now has a profitable, cash generating asset within its portfolio with an estimated remaining economic life of twenty years. The focus is now on operations and proving our capability as a responsible operator in UK North Sea.”

For enquiries, kindly contact:
Head Office
HIBISCUS PETROLEUM BERHAD (798322-P)
Second Floor, Tower Block
Investors and Media
Uday Jayaram (VP Corporate Planning &
Investor Relations)
Syed Kechik Foundation Building
Jalan Kapas, Bangsar
59100 Kuala Lumpur
Tel : +6 03 2092 1300 Fax : +6 03 2092 1301
uday@hibiscuspetroleum.com
Telephone: +60 12 298 2988
www.hibiscuspetroleum.com

About Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad (HIBISCS: 5199) is Malaysia’s first listed independent exploration and production company. It was listed on the Main Market of Bursa Malaysia Securities Berhad in July 2011. Hibiscus Petroleum is focused on the exploration, development and production of oil and gas fields in Europe, Australia, Middle East, and Southeast Asia regions.
For more information, please visit our website at http://www.hibiscuspetroleum.com.

REF: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111965


.

HIBISCUS PETROLEUM BERHAD - PRESS RELEASE

HIBISCUS PETROLEUM MOVES INTO PROFITABILITY:
POSTS SIGNIFICANT GAINS FROM ANASURIA COMPLETION

• Completion of Anasuria acquisition a turning point for Hibiscus Petroleum
• RM 80.5 million profit after tax for the third quarter period
• Anasuria Cluster in a cash flow positive position
• Anasuria Cluster now a stable source of revenues and profits at current oil prices for Hibiscus
Petroleum

31 May 2016

Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Group”) today announced its results for
the third quarter ended 31 March 2016 (“third quarter”). For this period, the Group recorded a profit after taxation of RM80.5 million (an increase of RM 91.5 million versus a loss after taxation of
RM11.0 million in the corresponding three-month period ended 31 March 2015). The turnaround
achieved in the third quarter was attributable to the completion of the acquisition of the Anasuria
Cluster on 10 March 2016. This acquisition represents a significant milestone in Hibiscus Petroleum’s growth towards being both profit and cash generative.

Upon completion of the acquisition, the Group recognised a fair value gain of RM135.3 million.
The gain was generated as a result of the difference between the net assets of Anasuria Cluster at fair value versus the purchase consideration for the acquisition. The ownership of the Anasuria Cluster, with oil priced at a premium to Brent, provides the platform for Hibiscus Petroleum to generate a stable and long-term revenue stream. This is now also positively set against a backdrop of rising oil prices as the oil marketplace appears to have turned the corner with December 2017 Brent futures trading at USD53/barrel as at the date of the Quarterly Report for the third quarter.

With respect to its future plans for this asset, a key objective for Hibiscus Petroleum is to boost the
production rate of the Anasuria Cluster. Since taking over operatorship of the asset, the planning
process has commenced for the development work to be undertaken to transform the productive
capacity of the Anasuria assets. This would enhance oil and gas production rates which are expected to last well over the remaining useful economic life of the asset.

Hibiscus Petroleum Managing Director, Dr Kenneth Pereira commented, “With the completion of the acquisition of the Anasuria Cluster, Hibiscus Petroleum now has a profitable, cash generating asset within its portfolio with an estimated remaining economic life of twenty years. The focus is now on operations and proving our capability as a responsible operator in UK North Sea.”

For enquiries, kindly contact:
Head Office
HIBISCUS PETROLEUM BERHAD (798322-P)
Second Floor, Tower Block
Investors and Media
Uday Jayaram (VP Corporate Planning &
Investor Relations)
Syed Kechik Foundation Building
Jalan Kapas, Bangsar
59100 Kuala Lumpur
Tel : +6 03 2092 1300 Fax : +6 03 2092 1301
uday@hibiscuspetroleum.com
Telephone: +60 12 298 2988
www.hibiscuspetroleum.com

About Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad (HIBISCS: 5199) is Malaysia’s first listed independent exploration and production company. It was listed on the Main Market of Bursa Malaysia Securities Berhad in July 2011. Hibiscus Petroleum is focused on the exploration, development and production of oil and gas fields in Europe, Australia, Middle East, and Southeast Asia regions.
For more information, please visit our website at http://www.hibiscuspetroleum.com.

REF: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111965


.

HIBISCUS PETROLEUM BERHAD - PRESS RELEASE

HIBISCUS PETROLEUM MOVES INTO PROFITABILITY:
POSTS SIGNIFICANT GAINS FROM ANASURIA COMPLETION

• Completion of Anasuria acquisition a turning point for Hibiscus Petroleum
• RM 80.5 million profit after tax for the third quarter period
• Anasuria Cluster in a cash flow positive position
• Anasuria Cluster now a stable source of revenues and profits at current oil prices for Hibiscus
Petroleum

31 May 2016

Hibiscus Petroleum Berhad (“Hibiscus Petroleum” or “the Group”) today announced its results for
the third quarter ended 31 March 2016 (“third quarter”). For this period, the Group recorded a profit after taxation of RM80.5 million (an increase of RM 91.5 million versus a loss after taxation of
RM11.0 million in the corresponding three-month period ended 31 March 2015). The turnaround
achieved in the third quarter was attributable to the completion of the acquisition of the Anasuria
Cluster on 10 March 2016. This acquisition represents a significant milestone in Hibiscus Petroleum’s growth towards being both profit and cash generative.

Upon completion of the acquisition, the Group recognised a fair value gain of RM135.3 million.
The gain was generated as a result of the difference between the net assets of Anasuria Cluster at fair value versus the purchase consideration for the acquisition. The ownership of the Anasuria Cluster, with oil priced at a premium to Brent, provides the platform for Hibiscus Petroleum to generate a stable and long-term revenue stream. This is now also positively set against a backdrop of rising oil prices as the oil marketplace appears to have turned the corner with December 2017 Brent futures trading at USD53/barrel as at the date of the Quarterly Report for the third quarter.

With respect to its future plans for this asset, a key objective for Hibiscus Petroleum is to boost the
production rate of the Anasuria Cluster. Since taking over operatorship of the asset, the planning
process has commenced for the development work to be undertaken to transform the productive
capacity of the Anasuria assets. This would enhance oil and gas production rates which are expected to last well over the remaining useful economic life of the asset.

Hibiscus Petroleum Managing Director, Dr Kenneth Pereira commented, “With the completion of the acquisition of the Anasuria Cluster, Hibiscus Petroleum now has a profitable, cash generating asset within its portfolio with an estimated remaining economic life of twenty years. The focus is now on operations and proving our capability as a responsible operator in UK North Sea.”

For enquiries, kindly contact:
Head Office
HIBISCUS PETROLEUM BERHAD (798322-P)
Second Floor, Tower Block
Investors and Media
Uday Jayaram (VP Corporate Planning &
Investor Relations)
Syed Kechik Foundation Building
Jalan Kapas, Bangsar
59100 Kuala Lumpur
Tel : +6 03 2092 1300 Fax : +6 03 2092 1301
uday@hibiscuspetroleum.com
Telephone: +60 12 298 2988
www.hibiscuspetroleum.com

About Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad (HIBISCS: 5199) is Malaysia’s first listed independent exploration and production company. It was listed on the Main Market of Bursa Malaysia Securities Berhad in July 2011. Hibiscus Petroleum is focused on the exploration, development and production of oil and gas fields in Europe, Australia, Middle East, and Southeast Asia regions.
For more information, please visit our website at http://www.hibiscuspetroleum.com.

REF: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111965


.

https://sg.finance.yahoo.com/echarts?s=5CQ.SI

is to RECAP, do not forget to learn the lessons from the past ! so is MYCRON still the candidate for privatisation as well ?? the MYCRON PE = 5 , NTA per share RM1.11
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500
http://www.bfm.my/mycron-steel-azlan-abdullah-2011.html


.

so is MYCRON candidate for privatisation as well ?? MYCRON PE = 5 , NTA per share RM1.11
http://www.bfm.my/mycron-steel-azlan-abdullah-2011.html

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500

.

so is MYCRON candidate for privatisation as well ?? MYCRON PE = 5 , NTA per share RM1.11
http://www.bfm.my/mycron-steel-azlan-abdullah-2011.html

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500

.

so is MYCRON candidate for privatisation as well ?? MYCRON PE = 5 , NTA per share RM1.11
http://www.bfm.my/mycron-steel-azlan-abdullah-2011.html

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500

.

RECAP:

1. Under the contract, valued at $6.2 million (MYR 26 million), Alam Maritim will undertake EPCIC work for a 0.62 mile (1 kilometer) 10 inch pipeline for TCOT Effluent Discharge Line Extension Project, the firm said in a filing with local stock exchange Bursa Malaysia. The company commenced work on the contract Oct. 8, with physical execution in March 2016 and completion targeted for end June 2016. - See more at: http://www.rigzone.com/news/oil_gas/a/141887/Alam_Maritim_Bags_EPCIC_Contract_from_PETRONAS_Carigali_for_TCOT_Project#sthash.ndEyRFpk.dpuf

2. Alam Maritim (M) Sdn Bhd, has recently received another Letter of Award from Petronas Floating LNG 1 (L) Ltd. (PFLL), a wholly-owned unit of Petroliam Nasional Berhad (PETRONAS) for offshore work relating to the final positioning and mooring system hook-up of the floating liquefied natural gas (FLNG) facility, valued at $12.5 million (MYR 53.5 million), is tentatively scheduled from June 15, 2015 to April 30, 2016. - See more at: http://www.rigzone.com/news/oil_gas/a/141221/Malaysias_Alam_Maritim_Secures_125M_Subcontract_for_PFLNG1_Project#sthash.QrRZ2edo.dpuf

3. Alam Maritim tenders for RM3bil projects. Group Managing Director and Chief Executive Officer Datuk Azmi Ahmad said the company normally had a success rate of between 10 per cent and 15 per cent in securing contracts. The company's current order book of RM900mil would keep it busy for the next two to three years. See more at:
http://www.thestar.com.my/business/business-news/2015/06/12/alam-maritim-tenders-for-rm3bil-projects/

.

Financial results is actually past results and past is past. Look ahead what is coming!

OPEC Head Calls for $65 Oil http://oilprice.com/Energy/Oil-Prices/OPEC-Head-Calls-for-65-Oil.html

.

Financial results is actually past results and past is past. Look ahead what is coming!

OPEC Head Calls for $65 Oil http://oilprice.com/Energy/Oil-Prices/OPEC-Head-Calls-for-65-Oil.html

.

US crude oil price hits highest level in 7 months http://www.ft.com/cms/s/0/a8fb8a78-21f4-11e6-9d4d-c11776a5124d.html#axzz49ctLpwwQ

Quote from master_tan: This quarter earning per share above 2sen. Annuallised it will be more than 8 sen. Share price should be above 80sen
03/05/2016 20:19

Quote from master_tan: Government anti dumping policy will be decided by 23 May. This will boost further the earning.
03/05/2016 20:20

Quote from master_tan: Time to accumulate now before train moving north
03/05/2016 20:20

Quote from master_tan: the anti-dumping policy will take effects for 5 years...which mean, we don't have to worry about the cheap steels from China to deteriorate Malaysia Steel company.......

http://www.thestar.com.my/business/business-news/2016/01/22/miti-completes-anti-dumping-probe-on-steel-coils-from-china-and-vietnam/
30/03/2016 17:17

Quote from master_tan: Watch Mycron too, both are steel company manufacturing hot roll and cold roll steel
31/03/2016 20:41

.

Quote from master_tan: the anti-dumping policy will take effects for 5 years...which mean, we don't have to worry about the cheap steels from China to deteriorate Malaysia Steel company.......

http://www.thestar.com.my/business/business-news/2016/01/22/miti-completes-anti-dumping-probe-on-steel-coils-from-china-and-vietnam/
30/03/2016 17:17

Quote from master_tan: at current price 0.345, and 5 more years of anti-dumping policy, and mega projects in queue...what to worry.

http://klse.i3investor.com/blogs/kianweiaritcles/93995.jsp
30/03/2016 17:18

Quote from master_tan: Watch Mycron too, both are steel company manufacturing hot roll and cold roll steel
31/03/2016 20:41

Quote from master_tan: Both also possible hit RM1.00
31/03/2016 20:41

Quote from master_tan: Even US Obama also pressing China to cut the steel capacity. Definitely Steel price will goes up in the next five years.
01/04/2016 07:13

.

Quote from master_tan: the anti-dumping policy will take effects for 5 years...which mean, we don't have to worry about the cheap steels from China to deteriorate Malaysia Steel company.......

http://www.thestar.com.my/business/business-news/2016/01/22/miti-completes-anti-dumping-probe-on-steel-coils-from-china-and-vietnam/
30/03/2016 17:17

Quote from master_tan: Watch Mycron too, both are steel company manufacturing hot roll and cold roll steel
31/03/2016 20:41

.

Quote from master_tan: the anti-dumping policy will take effects for 5 years...which mean, we don't have to worry about the cheap steels from China to deteriorate Malaysia Steel company.......

http://www.thestar.com.my/business/business-news/2016/01/22/miti-completes-anti-dumping-probe-on-steel-coils-from-china-and-vietnam/
30/03/2016 17:17

Quote from master_tan: at current price 0.345, and 5 more years of anti-dumping policy, and mega projects in queue...what to worry.

http://klse.i3investor.com/blogs/kianweiaritcles/93995.jsp
30/03/2016 17:18

.

hahahaha

Quote from master_tan: Watch Mycron too, both are steel company manufacturing hot roll and cold roll steel
31/03/2016 20:41

Quote from master_tan: Both also possible hit RM1.00
31/03/2016 20:41

Quote from master_tan: Even US Obama also pressing China to cut the steel capacity. Definitely Steel price will goes up in the next five years.
01/04/2016 07:13

.

Quote from master_tan: This quarter earning per share above 2sen. Annuallised it will be more than 8 sen. Share price should be above 80sen
03/05/2016 20:19

Quote from master_tan: Government anti dumping policy will be decided by 23 May. This will boost further the earning.
03/05/2016 20:20

Quote from master_tan: Time to accumulate now before train moving north
03/05/2016 20:20

.

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

http://www.hellenicshippingnews.com/eu-steel-price-recovery-again-in-may-further-rises-anticipated-meps/

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

http://www.hellenicshippingnews.com/eu-steel-price-recovery-again-in-may-further-rises-anticipated-meps/

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

http://www.hellenicshippingnews.com/eu-steel-price-recovery-again-in-may-further-rises-anticipated-meps/

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

http://www.hellenicshippingnews.com/eu-steel-price-recovery-again-in-may-further-rises-anticipated-meps/

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

http://www.hellenicshippingnews.com/eu-steel-price-recovery-again-in-may-further-rises-anticipated-meps/

According to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.

Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.

FURTHER RISES ANTICIPATED – MEPS

http://www.hellenicshippingnews.com/eu-steel-price-recovery-again-in-may-further-rises-anticipated-meps/

Total number of MYCRON shares still in treasury (units): 1,000,000
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5095389

PE = 5 , NTA per share RM1.11 , a deeply undervalued good stock !
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500

PE = 5 , NTA per share RM1.11 , a deeply undervalued good stock !
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500

http://www.bfm.my/mycron-steel-azlan-abdullah-2011.html

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458KG500

MYCRON technical rebound above 50sen any time. watch closely.

technical rebound above 50sen any time. watch closely.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5095389

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5095389

GOOD NEWS : MYCRON takes profit with treasury shares sold (units) 40,300 x 58.5sen per share and all the profit put back to the company.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5095389

(it was actually the company share buy back way back in 2009 all purchased below this price)

.