not yet finish as Q1 result belum keluar. Once release...will shoot up some more if the result are good. Then we have OPEC decision on the same month. I think Nov belong to Hibiscus.

PDZ going up.sumatec should prepare to also going up. normally this two will move together.

in my view the current price of Hibiscus is very cheap. It should be around 0.40 - 0.50 range.

huh tak gerak-gerak.

Write a comment..the way im looking at it, saudi have no choice but to push for the price to be around 55 - 65 USD to make sure Saudi aramco IPO successful and can attract a lot of buyer and gain interest. That is why they are push for the production cut together with Russia as Putin need it badly to support their economy. But the question now is iraq and iran. So far iran ok with the idea with some flexiblity for them as they just get out from sanction. But iraq say they are not ready. So saudi have to convince iraq. Interesting to see this coming november OPEC result as for the first time saudi are pushing for production cut.

Financial Result will come out early Nov and followed by OPEC decision end of Nov. If both positive, you know la what going to happen to this share. All the best guys. They are collecting as much as they can on the anticipation of Nov.

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back to its glory. But i do believe the current price is too low. it should be back to around range 0.45 - 0.60 more reasonable.

im still holding at 0.205. Dont want to sell yet. This will become my long term portfolio.

maybe the bottom is 0.05.

suma dead already. heheheh

i hope it is not SHARE CONSOLIDATION

yes you correct

JOM Zzzzzzzzzzz

jom tidor zzzzzzzzzzzzzzzz

Zzzzzzzzz

right issue will be cancelled. No point to have right issue at this price. So we can look at price below 0.09.

maybe.who know can become another THEAVY

slow. better put in freezer.

are they going to push up hubline today ?

jual jer la.tak pun simpan dalam peti sejuk.

http://poloresources.weblite.com.my/WebLITE/Applications/news/uploaded/docs/12072016%20POLO%20Hibiscus%20Increase%20in%20Investment%20%20HPB-FInal.pdf


POLO EMERGES AS SECOND LARGEST SHAREHOLDER IN HIBISCUS PETROLEUM

Polo Resources Limited (AIM: POL), the natural resources investment company with interests in
oil, gold, coal, copper, phosphate, iron and vanadium, is pleased to announce an increase in its
subsidiary, Polo Investments Limited’s interest in Hibiscus Petroleum Berhad (HIBISCS: MK)
(“Hibiscus”), a company listed on the Main Market of Bursa Malaysia Securities Berhad to 10.20
per cent via the subscription of 48.9 million new shares at an issue price of MYR0.18 per share.
This increase in shareholding makes Polo Investments Limited the second largest shareholder of
Hibiscus after the Hibiscus management team.

Hibiscus is an independent oil and gas exploration and production company, jointly operating its
maiden producing asset, the Anasuria Cluster, in the North Sea, United Kingdom.
For the third individual quarter ended 31 March 2016 Hibiscus recorded a profit after taxation of
MYR80.5 million (approximately USD20.22 million). In its press release of 30 June 2016,
Hibiscus disclosed that following the completion of the acquisition of its stake in the Anasuria
Cluster on 10 March 2016, RPS Energy had revalued the interest held by Hibiscus in the
Anasuria Cluster as of 1 March 2016 to USD208 million, based on updated oil and gas
production profiles, latest oil price projections and revised operating and capital cost estimates.
This signifies an 84% uplift in asset valuation when compared to a previous report also issued by
RPS Energy in September 2015 which initially valued Hibiscus’ interest in the Anasuria Cluster at
USD113 million.

is they find new oil ?

what happen to suma.

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http://www.thestar.com.my/business/business-news/2016/06/20/sanichi-targets-tank-terminal-contracts-from-petronas/

Sanichi targets tank terminal contracts from Petronas

KUALA LUMPUR: Sanichi Technology Bhd is tying up with Petrowangsa Sdn Bhd to tender for Petroliam Nasional Bhd’s (Petronas) oil storage tank terminal contracts in Malaysia and around the region.

The automotive mould maker-cum-property developer estimated the value of the oil storage terminal projects to be more than RM1bil.

The company said in a filing with Bursa Malaysia that Petrowangsa had the licences from Petronas to commission floating roof, fixed roof and cryrogenic storage tanks, as well as to provide mechanical engineering and maintenance of those oil storage tanks.

“Based on our market intelligence which was conducted with our business partners, Petrowangsa, the value of the oil storage terminal projects under our radar in Malaysia and around the region is estimated to be above RM1bil, and that makes us very excited,” said Sanichi managing director Datuk Seri Dr Jacky Pang,

It was reported that Lembaga Tabung Angkatan Tentera (LTAT) was eyeing a 5% stake in Sanichi.

Should that materialise, LTAT would become the second-largest shareholder after Pelaburan MARA Bhd, which owns 8.56%. Negotiations were still ongoing.

Sanichi shares closed unchabged at 14 sen on Monday, with 13.93 million shares changing hands.

http://www.thestar.com.my/business/business-news/2016/06/20/sanichi-targets-tank-terminal-contracts-from-petronas/

KUALA LUMPUR: Sanichi Technology Bhd is tying up with Petrowangsa Sdn Bhd to tender for Petroliam Nasional Bhd’s (Petronas) oil storage tank terminal contracts in Malaysia and around the region.

The automotive mould maker-cum-property developer estimated the value of the oil storage terminal projects to be more than RM1bil.

The company said in a filing with Bursa Malaysia that Petrowangsa had the licences from Petronas to commission floating roof, fixed roof and cryrogenic storage tanks, as well as to provide mechanical engineering and maintenance of those oil storage tanks.

“Based on our market intelligence which was conducted with our business partners, Petrowangsa, the value of the oil storage terminal projects under our radar in Malaysia and around the region is estimated to be above RM1bil, and that makes us very excited,” said Sanichi managing director Datuk Seri Dr Jacky Pang,

It was reported that Lembaga Tabung Angkatan Tentera (LTAT) was eyeing a 5% stake in Sanichi.

Should that materialise, LTAT would become the second-largest shareholder after Pelaburan MARA Bhd, which owns 8.56%. Negotiations were still ongoing.

Sanichi shares closed unchabged at 14 sen on Monday, with 13.93 million shares changing hands.

tklim why you repeating something that everybody know already ? hahah funny la you. so many time you do that. Why...want to buy cheap ka? hahahahah.

aiyo how you know new shareholder coming ...

aiyo ah jib brother also run. ok la game over.

something is happening inside this suma. is it because of that 13 Million ?

india now is the new giant.

huh makan2 non stop wo. maintain price and makan.

wow huge volume but cannot move.

I LOOK FORWARD TO THE PENANG GOVERNMENT AND THE YAB CHIEF MINISTER’S REPLY TO THIS PRESS STATEMENT

Abdul Rahman Dahlan
BN Strategic Communications Director
I take note that the YAB Penang Chief Minister has declined to engage me directly to answer and has relied on his Penang EXCO YB Lim Hock Seng to reply. Nevertheless, I will consider that this is the official reply from the Penang State Govt.

Firstly, thank you for confirming what I had exactly said – that the total cost for the feasibility study, detailed design and environmental impact assessment totals RM305 million, which I consider as mostly paperwork.

Nowhere in my press conference nor in my press statement which you can view on my FaceBook page did I say that the RM305 million is only for the feasibility study alone. Therefore, MalaysiaKini and YB Lim Hock Seng should have been more careful instead of suggesting that my figure for the feasibility study alone is wrong.

It makes for good headlines but it is mischievously wrong and misleading.

Question 1:

http://www.malaysia-today.net/i-look-forward-to-the-penang-government-and-the-yab-chief-ministers-reply-to-this-press-statement/

I LOOK FORWARD TO THE PENANG GOVERNMENT AND THE YAB CHIEF MINISTER’S REPLY TO THIS PRESS STATEMENT

Abdul Rahman Dahlan
BN Strategic Communications Director
I take note that the YAB Penang Chief Minister has declined to engage me directly to answer and has relied on his Penang EXCO YB Lim Hock Seng to reply. Nevertheless, I will consider that this is the official reply from the Penang State Govt.

Firstly, thank you for confirming what I had exactly said – that the total cost for the feasibility study, detailed design and environmental impact assessment totals RM305 million, which I consider as mostly paperwork.

Nowhere in my press conference nor in my press statement which you can view on my FaceBook page did I say that the RM305 million is only for the feasibility study alone. Therefore, MalaysiaKini and YB Lim Hock Seng should have been more careful instead of suggesting that my figure for the feasibility study alone is wrong.

It makes for good headlines but it is mischievously wrong and misleading.

Question 1:

http://www.malaysia-today.net/i-look-forward-to-the-penang-government-and-the-yab-chief-ministers-reply-to-this-press-statement/

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sell sell sell

Buy Low Sell High HAHAHAHAH. NEED SWIMMING POOL MEH .

:-)

why it is not being push down hard. adoi. push down la more.

heheheh where is musashi ?

they need to calm the market. if not it will trigger massive sell off.

market free fall due to 1MDB default. Foreign investor running away from malaysia bond market, share market and currency.

wow terbaik la. 115.

jangan sibuk2 la letak keratan akhbar. eeee. bagi dia turun dulu.