feel free to contact me kakashi123_hatake@hotmail.com

Stockmany, i like your view...stock market is really con man

Sharks and con man...

Stockmanny, hibiscus gone. 0.465 d... 0.47 cant even hit

7-8% wipe out in one day. they give u 5% syiok syiok, then whack u kau kau 7-8%...see if u dare to day trade or not. No more rally d

Ya, cos u go buy a old asset from oil giants and u think they will give u profitable assets?

Ya stockmanny, game is over. 0.47 so huge selling and pressure. they keep on dumping to the traders they lured

profit taking before CNY d...no more show after CNY,
Oil below 55, bad news...break support

i agree stockmanny....bad business model...RM0.40

the past 2 days going up is a fake rally. Nothing more. Its to trap players to buy in again before they push to 0.40. means Another 15% drop to expect . Maybe...maybe

the sharks eat us like snacks...so naive get telan

Onslaught is still on-going...mass slaughter in 2 days

0.45 coming

Buy 0.50, sell 0.46 the last sell down. Buy again 0.495 when up yesterday. Sell 0.465 again today.
And you guys still believe this stock can bring profit? Its manipulated d

0.42 @ 25 days SMA coming

down 8% in one day trade. huge sell down

those who want to run, better run for your life. Syndicate eating up traders alive for those who don't know what they doing

Oil drop, OPEC not likely to acknowledge the CUT, hibiscus down 7% but not even reach its 25 days SMA yet. 0.42 is the level of 25 days SMA
The shark push down, push up again to trap and now push down. All kena telan alive by sharks. huge sell down again and again

Gone d

shark biting on us. SELL before die

con man stock, damn

ITS a TRAP ! SELL !!!! 2 days let you syiok abit before shark come hentam us

see u guys around, Take good care ! I will leave this forum for a while but I will come back when I sell :)

Of course, there are other financial ratio and things that you need to read into them and after done so, I am comfortable to buy hibiscus at 0.475 last week. Cheers and have a fun day today.

Guys, keep a longer view. No point go chasing after oil price day to day.
We all know its trading range bound USD50-USD60. This range bode well with Hibiscus. Remember, Hibiscus sell oil and this range is much better than USD30-USD50 last year !

And don't sweat over price fluctuation. Hibiscus clearly in overbought situation (RSI >70%) and its trading high above 12 days SMA. There will be profit taking here and there until we reach its FAIR VALUE.

How do you evaluate Hibiscus fair value? If you don't do that homework, you will sell here and there and buy again here and there and loss money.
Fair value, from my point of view, is in terms of NTA, EPS and prospect growth. Anasuria had been revalued to RM800mil ++ and hibiscus should worth RM0.55 to hit a market capitalization of RM700 mil + give and take.
EPS is a bit messy because the accounting incorporated Tax and impairment profit and not the operating profit.

*sell strategy

Andrewg ... thanks for sharing. This.. setting cut loss is a must in every investment. A cut loss or i will say seek strategy must be set the moment u took an investment

Ven..i joined last week. 0.475

Rapidly ageing

China is seen leading a trend across the region. Asia-Pacific’s crude output will drop by about 1 million barrels a day to 6.5 million by 2020, according to Wood Mackenzie Ltd, as exploration since 1990 has yielded mostly natural gas and capital spending was cut because of the slump in oil prices. China will account for 47% that decline, according to the consultant.

incrediblethings, you sure you buying in again tomorrow? Mood swing again?
Haha...joking ya.

0.585 seems like its trading above its 12 days moving average again. Thus, extremely bullish in near term and its defying gravity towards 25 days moving average. Hmmm...sometimes a too strong bull will cause me some discomfort

Today Oil 56++, close to USD57. China oil production to forecast to fall by 7%. US state of secretary a "friend" of Russia and big power player in oil industry (he is from Exxon).
=> These are all external factors that will positively impact hibiscus

Negative headwinds will be stronger USD (lesser ppl will buy cos oil is traded in USD), unexpected oil volume, OPEC does not honour its deal.

Fundamental: intact, nothing changes until the financial report in Feb and the North Sabah acquisition in 2017.

Sell strategy remains the same: base on NTA, revaluation of Anasuria, EPS. Cash flow is not calculated as the operating cash flow is negative.
0.4-0.6,
0.8-1.00

See what happen if Trump cut/Impact trade ties with china

China’s production is forecast to fall by as much as 7% this year, extending a record decline in 2016, according to analysts at CLSA Ltd, Sanford C Bernstein & Co and Nomura Holdings Inc. That’s about the same size as the output cut agreed by Iraq, the second-biggest producer in the Organization of Petroleum Exporting Countries, which late last year reached a deal to trim supply to support prices.

“China’s domestic crude output decline will certainly help OPEC’s plan to reduce global supply,”

http://www.theedgemarkets.com/my/article/chinas-oil-collapse-unintentionally-helping-opec?type=Corporate

China and Asia region going to see oil production being Capped. Malaysia included

0.585 is a nice strong closing. Very strong rebound.

Heartbreakkid, Salute you ! I plan to invest like you.
What is the reason you hold for 2 years?
What is the average price?
What is your targeted price?
What is your Sell strategy?

REally want to learn from you

oil price up/down, trump talk A or B, CNY coming or Shark coming, etc.

I watch with COLD EYE and stick to my Gun. I am a man of my word and I walk to talk. A few guys here run when the dogs come chasing. I stick to my word.

we can exchange more detailed views thru email. When I say detail, I mean detail. I don't want shark, con man, goreng up, 430pm go up liau, etc. I want solid sharing.

kakashi123_hatake@hotmail.com

COLD EYE

Have a fun day guys. Its only second week. We have 1 year to go

Sharks coming right? All speculation right? Must be flexible on sell strategy right? Oil price drop right? Con man stock right?

All talking rubbish without even studying its financial report, board of directors, their assets and how they generating profit, debts, gearing, tangible asets, etc.

0.49 liua !! faster la boys...BUY !!!!!
AT own risks..

hahahaha

stockmanny, incredible things, Roy had make some wrong judgement, but its not too late buddies

0.485 already, what you all waiting for? Want to join me, PAng72, Tronx and B4B4?

Let me remind you all

I am a shareholder of hibiscus, I am partnering with its board of directors and CEO to grow Hibiscus thru acquisition and to generate higher revenue and profit thru cost management. I will sell only when the company is not growing nor profitable anymore.

Hahahahahahaha.......
This is so so funny. So, anyone who sold on Fri and Mon want to buy back higher price? Please do so...Hibiscus welcome you

I am sticking truly and holding firm to my Sell Strategy that I don't even bother to look at hibiscus until now (busy working too).

Well, incredible things and others who want to be flexible on sell strategy and try to time the market, my advice is still the same:
Set a firm Sell strategy (cut loss and take profit) and stand firm on your understanding on its business, financial strength and prospect. Without any data, you will flinch even with 1 cent movement.

See u guys tomorrow. Hehe... 0.40?

This shows commitment from hibiscus management and I really like that they acquire a profit making asset so fast and precise in such tough environment. Although MHB is debt free, but its making losses for 3 Quarters straight.

A few important info I get from this forum

the free float shares of about 42% from B4b4,
RM1 bil intangible assets which I also noticed from Stockmanny
The accounting that does not reflect its actual operating situation from CalvinTan

And now I look back, I am happy that Hibiscus actually told The edge off and make a statement to Bursa. This imply how the shareholders of hibiscus really value their company. they practically say don't talk bullshit about hibiscus

Yup John, but I still like the way he talk about stocks and reading from its financial value and solid data.

The only draw back is Hibiscus having negative operating cash flow, which I have concern on and its current ratio at 0.4

Those current ratio below 1 (means not so liquid)
1. Hibiscus 0.4
2. Perisai & THHEAVY 0.3
3. Icon offshore & perdana 0.5

These companies have net cash instead of net debt
1. Hibiscus
2. Tanjung offshore
3. KUB Malaysia
4. MMHB
5. Carimin Petroluem

On the 10th Oct issue, the edge publish a report on O&G financial health and its gauged by its debt, Gearing and Current Ratio (those who don't understand this term, u better stop commenting and go study more before u tell me seller more than buyer)

2 companies in very bad position, TH Heavy and Perisai.
These companies have gearing more than 3 digits (extremely high debt):
a. Perisai 142.1
b. Silk holding 455.3
c. Bumi Armada 123.3
d. Sapura kencana 127.1
e. Perdana petroleum 131.7
f. Dayang 124.7
g. EA Technique 167.4
h. Uzma 101.2