The circus is in town.....dare I say the clowns? Maybe I should not even though is Friday....
Good discussion/sharing guys + some laugh.....happy weekend

I see it like similar to crowd-funding for dot-com start-up companies. Investors get to invest while is still cheap while the potential growth is either boom or bust (at least for dot-com start-up)....oh well I digress....

Don't quote me, I am guessing here. Assuming if share price will go up quite a bit, PP price at much later time will be much higher as well. It may harder to convince investors to buy into the PP as well then, as the ratio between further growth vs risk/investment amount become less attractive and or they may have expert view on the cyclical world oil price that the last 3 tranche of PP timings are just right to get investor to buy-into the PP proposal.

There are breakdown of the utilization % of the fund and I can see there still over 14m have not utilized under the expansion category. Guess there are saving up for this Sabah EOR.



Dericlock thanks oozie75 for sharing the JP Morgan report, very detail and informative.

If all those lazy to read, just go and read the slides from hibiscus.
Basically a summary on JP morgan report.

Anyway, might be a stupid question.
Hibiscus actually to obtain 91mil MYR / 23.12mil USD, but the payment to obtain Sabah is only 12.5mil USD (upon completion date), 5mil (12 months later), 5mil (24 months later).

So why they get PP to get fund so early? shouldn't hibiscus just collect enough for 12.5mil then wait till share price up and pp again to get more funds?

LMAO....these ppl so hilarious....

Pls stop thinking as if PP is a stock conspiracy theory.....there are records of superscription, by who, any defaulters, how much raised, how the fund used for, etc by the PP issuing bank, records for the placee/investors, the company ....

Don't get me wrong...it may not be totally bullet proof or 100% straight fwd I assume, but hey... in the grand scheme of things if you think there are too many hanky-panky going on the PP, or you are just too paranoid about it than by all means don't invest since you have no confidence in it. Enough said. Last post on PP for hibi.

since 26 Dec has been uptrend strongly on WEEKLY basis, how come no one say something like 'big tsunami pounding hibi to the high sky' why I did not enter just before the up trend?

And the million dollars question >>>> how come I did not sell when it hit 1.17 record high that day?

Moral of the story?

I see the PP topic up again, if not mistaken Hibi pp in 2016 has 18 months lock-in period; meaning the banks/IBs/elite individuals who taken up those pp cannot trade....anyway pp is not not really matter in term of pressing the share price.

Even in the PP prospect, is stated marginally dilution, but the advantages of the PP in providing free interest capital for expansions, working capital IN THE LONG RUN far outweighs the disadvantages.

.....IN THE LONG RUN >>> day traders pls take note

There is a 42 page on Hibiscus prospect report by JP Morgan on 12 January 2018 that has much deeper analysis. Since is copyrighted I will post here but available if you guys go google it.

Hibiscus Petroleum Bhd
Malaysia's only listed E&P "pure play" evolving from
the North Sea to Malaysia - Company Visit Note


ozzie75 @Alex KL: the report : http://klse.i3investor.com/servlets/staticfile/318089.jsp
18/01/2018 23:35

.......privately placed in the hands of genuine investors, banks and high net worth individuals..... >>> who have confidence in the company to grow further.......

That's mean you don't fully understand what you posted/read about PP. Those pp shares are subscribed by banks/private group of investors. What ever is traded today, how ppl reacted today is just psychology or how they perceive the effect of the PP on the value of the hibi shares. In reality, we the retail investors have no direct contact or trading transactions with the pp shares today whatsoever.

Below comments are truly mind blowing for the understanding of pp. Truly impressed. I rest my case....

stopbombing dont forget pp 44million share , still got 6%/10 million sell to go.
18/01/2018 16:04

i assume the 0.92 pp will sell because price is high,who want to lock? you loco mania will hold
18/01/2018 16:19

stopbombing i read investopedia before i come here, you fakin pro
18/01/2018 16:19

stopbombing if i got 0.92 pp, i will sell1.17 to 1 then buy back again at 0.95 caused by panic sell, i earn two times why not? you loco pro
18/01/2018 16:21

stopbombing like that i can get more than 44 million tickets.
18/01/2018 16:23

stopbombing warrant also submitted, use as many ways to get more tickets you loco pro.
18/01/2018 16:25

My goodness, till now still got ppl totally don't understand what is PP about........pls don't touch share mkt for your own good

stopbombing dont forget pp 44million share , still got 6%/10 million sell to go.
18/01/2018 16:04

considering the KLCI index with over 550 losers vs 110 winners plus plus ignorant traders' knee jerk / less understanding on the hibi PP; such result so far today cannot complaint dy...like said b4 will see in days, weeks, months ahead how this hibi 'oil exploration ship' will fare in the challenging 7 seas.....aye aye captain

https://www.thestar.com.my/business/business-news/2017/12/28/research-house-bullish-over-hibiscus-sabah-oil-field-purchase/

have faith but not to follow blindly or dumb dumb....so we will see how strong the waves hit the Hibi ship tomorrow and the days, weeks, months ahead...because even as big,strong, with high confidence and expectations given to the Titanic...we all know the end result...God bless

actually is retail investors psychology only....ppl thought hibi shares is diluted hence is worth lower...those pp shares theoretically is not going to be dumped to the market tomorrow...unless RHB n geng decided to become day traders and decided to dump hibi pp shares to the mkt for few sen profit lol.....

1st...PP is success...no if already..

gap down?....maybe fluctuate a bit down due to those ppl with weak faith 'false panic sale' but will be well absorb..

If you have faith, few sen fluctuation does not warrant to sell hoping to buy back lower and most certainly is not a cut loss situation

To place a PP, you need to est a price point for the investing group/bank to buy in to. So the 0.92 sen is by by taking the avg last 5 days of the per-determined period.......how else you want to est a price point....

since is already at higher then 0.92 now...it make sense more sense for the investing parties to support and drive it higher......(with the hibi business prospects intact is likely the price will grow)....so the bottom line is still 'is this company is growing with good business profit moving fwd or those investment bank ppl also just bet like big small at genting?

yozepo....so do you think RHB investment division made a wrong decision to invest in hibi PP? Think la...

so many day traders talking bs, good at only one line buy or run calls, promoting other counter here, etc

Dei, you think a company business prospect can change overnight meh? If overnight brent crude oil fall to USD30 ......then hibi prospect got hit by train la....otherwise you know instantly these ppl talk nonsense and/or with their own agenda....

otherwise why there are so gung ho on promoting some counter, sell or buy call without real business/stock investment logic?

For the past 1 year has been quite steady moving range bound 15-20 sen. If you expect 30-50 sen change within months or weeks don't think likely to happen to this counter, the same I do not see strong rational for this company to slide under 50 sen in 2 quarters as he/she said so. Yes, have a good weekend all. I am going to enjoy and sleep well.

0.69 now already....is starting to show, time will tell....up another few sen the ppl here will be happy dy as majority ppl making the most noise here are contra players that can't wait. I am not a contra player. You can leave this counter if don't suit your investing patterns.

Price should be stabilized in weeks to come and for longer term 3rd quarter will be stronger due to the cyclical demand nature and overall 2nd half of 2014 should be better than 1st half.

Not hoping for a miracle....but chopping off a gangrene leg to save the rest of the body which Gpacket has done so plus 'booster' injections this month may just what Gpacket needed. Also don't forget now Gpacket is under a cash rich and well 'connected' taikor may just prosper beyond PN17 as long as Gpacket hold tight it's trump card. Time will tell.

1) Now is just a kneejerk reaction to the workers unrest which already confirm no major impact

2) For semicon, normally 3rd quarter is the strongest and generally 2nd half will be better than 1st half.

3) Improving cost management as seen from previous reports hence once revenue improve for coming quarters, the net profit will be significantly seen.

So, for now target to keep for 2 quarters and see from there. Not for contra players but as long as the company's financial fundamentals intact, good mgt records, and strong product demand potential for next 1-2 years is there is good for now. Just the dividend can cover your bank interest...

Sage, your projection base on what? Pluck from the air?

I agree, JCY is doing great and if continue good management and cost control will do even better. Unless you plan to hold for more than 1-2 years, SSD will not have significant impact. In fact this quarter and the next quarter will have even higher demand for the like of xbox, playstation, etc for the xmas demand period.

Very high vol. Already reaching almost 16mil shares transacted. Because is going up and also JCY declared 1.25 sen dividend per share..

http://www.theedgemalaysia.com/business-news/303993-jcy-posts-third-quarterly-profit.html

TMgo actually not using the P1 bandwidth because is 850Mhz. But with the launch of TMgo mark the beginning of TM moving into the mobile 4G LTE business foray which is one of the most lucrative segment in this industry. So yes, P1 and indirectly GreenPacket will benefit from TM drive to enter into this segment. Since is very lucrative is unlikely TM will let go this opportunity. Is for the long haul and also how GreenPacket hold-on/arrangement on the remaining P1 stake with TM.

Read the below...some of you will be disappointed, some will be very excited depending on the type of investor you are...so there is no ABSOLUTE wrong or right here....

http://www.themalaymailonline.com/tech-gadgets/article/the-wireless-giant-in-telekom-malaysia-awakens