good for you dodo. i average down starting from 0.15.It will move close to 0.1. :-) .

plz go to 0.11. plz plz plz. hehehe.

Post removed.Why?

reach O.15 im start buying sikit2 to average down my price :-).

want to buy but ada potential jatuh lagi. kalau dah stable baru beli kot.

http://www.thestar.com.my/business/business-news/2016/01/19/probe-deepens-on-nexgram/

Probe deepens on Nexgram

Action taken will depend on findings of the investigation

PETALING JAYA: Following the unprecedented action by the Securities Commission (SC) to disclose questionable actions by Nexgram Holdings Bhd, the regulator’s next course of action is a thorough investigation into the money trail relating to the RM84.5mil cash balance that had previously existed in the company, sources said.

This investigation will entail, among others, answers from directors, advisors and auditors of Nexgram, which is involved in software and property.

It is learnt that the authorities are looking at the dealings involving three subsidiaries of Nexgram and if the decision to divest them went to the board.

“The three subsidiaries were already the subject of investigations by the authorities in the capital markets. Knowing that, how did the planned divestments get done?” asked a corporate lawyer. The type of action taken will depend on the findings of the investigation by the regulators.

To recap, last Friday, the SC invoked its powers under Section 217(4)(b) of the Capital Markets and Services Act 2007 (CMSA) by issuing a public statement in relation to a proposed takeover of Ire-Tex Corp Bhd by Nexgram, to be funded by the latter’s shares.

The SC’s concerns had related to the value of the assets of Nexgram, noting that the actions of Nexgram to dispose of some of its subsidiary companies “delays and obstructs the ongoing enquiries by the SC and Bursa Malaysia.”

According to sources, both the SC and Bursa had concerns about Nexgram, following the latter’s service of its notice to takeover Ire-Tex last November.

At some point in their investigations, both regulators agreed that there were sufficient grounds for Bursa to require Nexgram to provide verification on the existence of certain assets belonging to these subsidiaries.

It is also understood that as part of the initial investigation into Nexgram, the SC and Bursa had met with the advisors and a representative of the board of Nexgram to request the verification of certain alleged bank balances by an independent accountant.

The trigger point for the SC to take action under Section 217 of the CMSA was the company’s decision to dispose the relevant subsidiaries.

The type of actions of the regulators in this case will depend on when the outcome of their investigations are, which is also a complicated matter as it involves bank accounts and other transactions in Indonesia.

Depending on the timing of the findings, the SC could file for an injunction to stop the offer from proceeding or leave the offer to lapse. This is because Bursa has already notified Nexgram through its advisors that it will not clear the circular to shareholders and thus an EGM cannot be held for Nexgram shareholders to vote on matter, and this in turn would lead to the offer lapsing.

“The combined efforts of the SC and Bursa are ensuring that the shareholders of the target company, namely Ire-Tex, are not in danger of receiving payment in shares that may have a questionable value,” explained the corporate lawyer.

The SC raised eyebrows at the value of Nexgram that was sitting on a cash balance of RM84.5mil as at April 30, 2014. Its accounts showed that in the following financial year, most of that cash looked like it had been converted into inventories.

The company could have used the cash to purchase inventories, indicative by the accounts which showed inventories move from zero to RM89.8mil as at 2015. At the same time, cash balances fell to RM31.1mil. Sources said the SC’s enquiries could have centred around the paper and cashtrail of how those inventories were built up.

The case involving Nexgram has drawn attention to one businessman in particular, Datuk Tey Por Yee, who on Jan 14, resigned as executive director to “pursue his personal interest and goals”. Since his resignation, Nexgram has six directors left sitting on its board.

The rare statement by the SC sent Nexgram’s shares reeling to as low as 7.5 sen yesterday, representing an 11.76% drop.

The stock saw 34.5 million shares exchange hands. The shares closed at 8.5 sen last Friday.

Tey was also involved in the Protasco Bhd boardroom tussle, which saw him together with director Ooi Kock Aun voted out of the board at an EGM.

This came after allegations of a questionable investment in an Indonesian oil and gas company.

Meanwhile, in a related development, Nexgram shed some additional details about its plans to sell its entire 69.6% stake in Godynamic Investmentd Ltd for RM34.8mil on Jan 12.

This was in response to a query by the stock exchange.

Nexgram said while proceeds from the disposal would be used to pay for the 51% stake in Transeaways Shipping Sdn Bhd, which was announced on Jan 14, the company was “unable to quantify the exact amount” to be utilised for the planned acquisition.

Bring it on.Bring it to as low as they can.hehehe. peluang terhidang semakin hampir. cant wait to grab as much as i can.

the price still not that attractive for now. But i think it can go even further down. Hope i can go below 0.15. Then i will average down. and down and down. Lepas tu relax tunggu hydra datang. hahahah.

yes sure musashi69.No problem.

Inikaliok thank you for the advice. Well its my money and i have my own reason to stick with this counter and everybody have their right to hold, buy and sell their own share when they believe it is a right time to do so and same goes with averaging down. I have been practicing this strategy so many time before and its pay me handsomely. The only problem is that i have to wait. But im ok with it.i dont know if this strategy still work for this counter or not but i will stick with my own plan. You can give all sort of explanation or stories but the decision is with me and i decide how i want to invest my money.

yeah please bring it to 0.15 or even further down. Im looking forward for it.

musashi69 what bleeding ? i still holding tight at 0.34. wait for it to go down more. Why should i average at the higher price ? hahahahah. Now becoming more attractive.Can get more cheaper average. Hahahahha. lalalalal lalalal.

heheh i still hold. :-) . Waiting until end of Q2.

There is, in fact, another golden bullet regarding Dr Mahathir and the Chinese tycoon, which Najib has been keeping under wraps for quite a few months now. But Najib has decided not to use it because, as he said, “Let the old man die with some dignity left.”

The question is, if Dr Mahathir persists, will Najib still refrain from using that golden bullet or will he say, “Fook it! Let’s bury the old man once and for all!” I suppose we will have to wait and see for that one.

Post removed.Why?

red_85 sorry i wont sell. Hheheheh. Im going to keep it until Q2 2016 after anasuria, hydra and result of drilling in Norway. Heeheheh sorry bro red_85.

hhhehehe i already hold it till now.

tomorrow can get 0.130 or even 0.125. Oil market crashing.

its not going to that low because a lot of factor will be impacted. But i believe the lowest it can go is 20 USD.

aiyo this oil price is disaster for PETRONAS. We put our target at 48 USD next year. waaaaaaa. Feeling so sad.

tell that to mamak kutty mahathir MAHA FIRAUN

Special mssg to musashi69: diri ku hanya mampu tersenyum!! kah..kah..!!!

well its go up and down is non issues for me.Since i plan to hold it until Q2 next year after Norway Drilling result, Anasuria and Hydra. Now if it go down ...i hope i will go down much lower so that i can average down at very attractive price. But if go up i hope it go beyond 0.34 and i will be enjoying the ride with ROI on the hand. Hhehehehe. Just relax and enjoy the show.

diri ku hanya mampu tersenyum. hehehehheheh.

PLACEMENT OF UP TO 326,935,484 NEW ORDINARY SHARES OF RM0.01 EACH IN HIBISCUS PETROLEUM BERHAD (HIBISCUS PETROLEUM), REPRESENTING UP TO 25% OF THE ENLARGED ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF HIBISCUS PETROLEUM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4942165

OTHERS HIBISCUS PETROLEUM BERHAD ("Hibiscus Petroleum" or "the Company") Lime Petroleum Norway AS to Acquire Additional 10% Stake in PL707

Reference is made to the Company’s announcement dated 16 October 2015.

Hibiscus Petroleum wishes to announce that Lime Petroleum Norway AS (“Lime Norway”), a company in which its jointly-controlled entity, Lime Petroleum Plc is a shareholder, has informed the Company on 3 December 2015 that it has entered into an agreement with North Energy ASA to acquire another 10% share in PL707 license in the Barents Sea. The transfer will be effective from 1 January 2016 and is subject to authority approval.

Upon completion of the transaction, Lime Norway’s interest in PL707 would be 20%, with Edison Norge AS (operator) having 50% interest and PGNiG Upstream International AS with 30%.

This announcement is dated 4 December 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4942081

hahahahahah aiyo aiyo aiyo now POLO pulak minat sama Hibiscus. The hope to get it cheaper and cheaper semakin kabur. Hhahahahahahah. I remember one time there is a person here said that this is KOYAK company. How come POLO acquired an 8.4% stake in KOYAK company. WAKAKAkakakakakakak. I can just hahahahahahhahah so many time now. So POLO management stupidly acquired an 8.4% stake in Hibiscus ? hahahahahahah ini lagi kelakar . hahahah tak habis2 aku gelak. Ok aku nak kasi lagu la.

Twinkle, twinkle, little star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.
Twinkle, twinkle, little star,
How I wonder what you are!

When the blazing sun is gone,
When there's nothing he shines upon,
Then you show your little light,
Twinkle, twinkle, through the night.
Twinkle, twinkle, little star,
How I wonder what you are!

In the dark blue sky so deep
Through my curtains often peep
For you never close your eyes
Til the morning sun does rise
Twinkle, twinkle, little star
How I wonder what you are

Twinkle, twinkle, little star
How I wonder what you are


hehehheheh

hello derrickinvestor1 i dont ask people to buy and i dont ask people to sell. I already state my intention here clearly refer below.


Nov 30, 2015 08:13 PM | Report Abuse

aiyo why i should have sleepless nite ? im going to hold this one until Q2 (April - June 16) next year. I holding it steady at 0.34. No problem. If it want to go down i want it to go down kaw kaw one so that i can average down at a very good price. The price now not attractive. I will only sell it after the completion of getting anasuria, hydra and completion of oil drilling at Norway. Plus we at oil and gas business anticipate the oil price will start moving north from 45 USD - 65 USD in Q2 2016. So why should i worried and and i am very very happy now.

Nov 19, 2015 07:32 PM | Report Abuse

aiyo i buy with cash la. still hold it in 0.34.I Hope it can go down much but look like it could not. so the hope to get the attractive price during average it gone. So im just relax and enjoy the show at 0.34. I will not going to sell now or in the near term. Will wait until complete Q1 for Anasuria completion & Hydra acquirer.Q2 will be showing oil price moving up to range between 55 USD - 70 USD based on the calculation of current decrease of shale rick count in america. So i will wait for that.

Oh musashi69 you really love my twinkle twinkle right ? Hhahahahaha. I dont have the whole day just to sit in font of computer and give comment in i3investorklse la. I got my daily job la. Aiyo. Im not like you full time job comment in i3investorklse. Hahahahah.By the way, here we go the twinkle twinkle just for you. Hhahahahahah.

Twinkle, twinkle, little star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.
Twinkle, twinkle, little star,
How I wonder what you are!

When the blazing sun is gone,
When there's nothing he shines upon,
Then you show your little light,
Twinkle, twinkle, through the night.
Twinkle, twinkle, little star,
How I wonder what you are!

In the dark blue sky so deep
Through my curtains often peep
For you never close your eyes
Til the morning sun does rise
Twinkle, twinkle, little star
How I wonder what you are

Twinkle, twinkle, little star
How I wonder what you are


hehehheheh

Joe99..if the company really KOYAK than what are you doing here. Just to do a charity job spread the word that the company is KOYAK ? wakakakakkaak. Hahahahah . Paling kelakar. If the company KOYAK than what you care so much and spend your valuable time just to put comment here ? Hahahahahahahah. Lagi kelakar. Why you even here ? hahahahahah lagi kelakar . hahahahaha.

Good for you Joe99. hehehehheh

ala biar la i nyanyi lagu tadika. Tak kisah i budak petronas pun nyanyi lagu tadika. Apa salah nyer. tak haram pun. suka hati kita la nak nyanyi lagu tadi ka.sibuk jer.

Twinkle, twinkle, little star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.
Twinkle, twinkle, little star,
How I wonder what you are!

When the blazing sun is gone,
When there's nothing he shines upon,
Then you show your little light,
Twinkle, twinkle, through the night.
Twinkle, twinkle, little star,
How I wonder what you are!

In the dark blue sky so deep
Through my curtains often peep
For you never close your eyes
Til the morning sun does rise
Twinkle, twinkle, little star
How I wonder what you are

Twinkle, twinkle, little star
How I wonder what you are


hehehheheh

hahahhaahh i dont care my money gone. It is my money not yours. Hhahahahh . sibuk jer. Hhahahahahh

Twinkle, twinkle, little star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.
Twinkle, twinkle, little star,
How I wonder what you are!

When the blazing sun is gone,
When there's nothing he shines upon,
Then you show your little light,
Twinkle, twinkle, through the night.
Twinkle, twinkle, little star,
How I wonder what you are!

In the dark blue sky so deep
Through my curtains often peep
For you never close your eyes
Til the morning sun does rise
Twinkle, twinkle, little star
How I wonder what you are

Twinkle, twinkle, little star
How I wonder what you are


hehehheheh

Twinkle, twinkle, little star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.
Twinkle, twinkle, little star,
How I wonder what you are!

When the blazing sun is gone,
When there's nothing he shines upon,
Then you show your little light,
Twinkle, twinkle, through the night.
Twinkle, twinkle, little star,
How I wonder what you are!

In the dark blue sky so deep
Through my curtains often peep
For you never close your eyes
Til the morning sun does rise
Twinkle, twinkle, little star
How I wonder what you are

Twinkle, twinkle, little star
How I wonder what you are


hehehheheh

Twinkle, twinkle, little star,
How I wonder what you are.
Up above the world so high,
Like a diamond in the sky.
Twinkle, twinkle, little star,
How I wonder what you are!

When the blazing sun is gone,
When there's nothing he shines upon,
Then you show your little light,
Twinkle, twinkle, through the night.
Twinkle, twinkle, little star,
How I wonder what you are!

In the dark blue sky so deep
Through my curtains often peep
For you never close your eyes
Til the morning sun does rise
Twinkle, twinkle, little star
How I wonder what you are

Twinkle, twinkle, little star
How I wonder what you are


hehehheheh

Hehehe so many new song.

I LOVE UMNO AND PAS. MUAAHHHHH HIDUP UMNO. HIDUP PAS.

aiyo why i should have sleepless nite ? im going to hold this one until Q2 (April - June 16) next year. I holding it steady at 0.34. No problem. If it want to go down i want it to go down kaw kaw one so that i can average down at a very good price. The price now not attractive. I will only sell it after the completion of getting anasuria, hydra and completion of oil drilling at Norway. Plus we at oil and gas business anticipate the oil price will start moving north from 45 USD - 65 USD in Q2 2016. So why should i worried and and i am very very happy now.

hahahhahah. Aiyo so sad. I am waiting for the bad news but instead it is a good news. Profit increase and in fact positive. Revenue down as normal pasal banyak beli sana sini company. EPS 0.49. NPS 0.62. Walau weiii...... arghhhhhhhhhhhhhhhhhh so sad. I already booked ticket to holland. Now the flight have to turn back to Kuala Lumpur. Waaaaaaa so sad. sad. sad... and turn 11 December lagi sakit ma....as botak chin already plan something goooodddddddd and niceeeeeeeee for shareholder kasi tak mau malah. waaaaaa again chances to get cheap gone just like that. sad .sad sad.

Amazing Q1 Financial Report for Hibiscus. Dancing in the moon. Star Star Star. Jan - March (Anasuria and Hydra coming) Walauuuuuu weiii....... Sad Sad. Why the didnt push the price down more. Now all hope to get good average down price gone gone gone.

hahahhahah. Aiyo so sad. I am waiting for the bad news but instead it is a good news. Profit increase and in fact positive. Revenue down as normal pasal banyak beli sana sini company. EPS 0.49. NPS 0.62. Walau weiii...... arghhhhhhhhhhhhhhhhhh so sad. I already booked ticket to holland. Now the flight have to turn back to Kuala Lumpur. Waaaaaaa so sad. sad. sad... and turn 11 December lagi sakit ma....as botak chin already plan something goooodddddddd and niceeeeeeeee for shareholder kasi tak mau malah. waaaaaa again chances to get cheap gone just like that. sad .sad sad.

Quarter report release on 30 Nov 2015.

aiyo dont buy la.sell plz. sell sell sell sell sell

aiyo dont buy la.sell plz. sell sell sell sell sell

sell sell sell

sell sell sell sell

No way come back after 60 days.The price have to be push down by now so that we can average it at a very low and attractive price. At current price. Simply tak guna to average down because you have to cash in more money. The price have to be push down super low to get a good and attractive average and cheaper. Next 2 quarter will be interesting with the result of drilling in Norway, Completion of acquiring Anasuria and Hydra.Hahah to go in after 60 days ? you gila ka. hahahahah. The price should be push down and super down.

President Vladimir Putin called Turkey's downing of a Russian fighter jet "a stab in the back" carried out by the accomplices of terrorists, saying the incident would have serious consequences for Moscow's relations with Ankara.

http://www.cnbc.com/2015/11/24/turkey-shoots-down-russian-warplane-near-syrian-border.html

Russian On the verge of War With Turkey and NATO. Oil Price rally.

Aiyo baru nak jatuh now Russian On the verge of War With Turkey and NATO. Arghhhhhhhhhh Tension.