@ogre: no worries. I believe similar info was available on i3 yesterday. In any case, hope fellow investors make money from all existing and viable proposition(s), consistent with what we all had set out for. :)

Where's the 1MDB factor?

;)

AT: We will get there.

@ogre: latest? or belated?
Or Maybank IB had based their advice on yesterday's i3 info?

;)

:)

(A) Market capitalisation upon listing on Mainboard: at least RM 500,000,000
(B) Last updated share capital base (units) on 12/01/15: 483,920,900

Assuming (B) constant, share price has to be maintained at about 1.03 to satisfy (A).

(Disclaimer: Plug and play simplistic layman simulation)

Bro Strategisst..thank you. The increasing share base coupled with its sustainable market price would be helpful to its market capitalisation.:)

@strategisst: Bro, from a regulatory standpoint and based on the financial accolades of the Company, are there barring circumstances that would inhibit its transition from Ace to Main within Yr 2015?

DC: Ron95..

Next couple of weeks would be more exciting and enriching, with Greece Election, ECB meeting, FOMC meeting formed up along the events pipeline. Good luck, folks.

http://www.bloomberg.com/news/2015-01-13/oil-s-1986-collapse-signals-rebound-years-away-chart-of-the-day.html

@strategisst: Bingo! I was thinking that a POSSIBLE and PROBABLE bait would be a 'he..he..' and indeed it is PROVEN to attract your attention. :)

Time will reveal. Stay watchful and not forgetting the macroeconomics at large. :)

The market is always there but never static.

Posted by smurfbee > Jan 14, 2015 10:46 AM | Report Abuse

the worse the KLCI index is... the better for IFCA... no better candidate to buy... let's ride to RM1.....AND BEYOND.

he..he..

http://www.usatoday.com/story/money/columnist/bartiromo/2015/01/11/bartiromo-saudi-prince-alwaleed-oil-100-barrel/21484911/

http://www.telegraph.co.uk/finance/commodities/11162744/Saudi-Prince-Alwaleed-says-falling-oil-prices-catastrophic.html

@KAQ4468: looks to me like the 'buying 'Emerging' Market' approach.

If ONLY the 'oil price determinants' buy this story:
http://www.bloomberg.com/news/2015-01-07/fossil-fuels-must-stay-in-ground-to-stop-warming-scientists-say.html

@chy72: Don't worry too much. Think you would be ok. MARA's estimated entry cost approx. 13 - 13.5. Probiotics stimulus hasn't exactly kick in, and considering that it affects the food staple (rice) and the agricultural yield of farmers. Oil prices may slide but people still need to fill their tummies, and imported rice from Thailand had significantly increased over the years. In summary, I hope for some operational breakthrough in the form of product endorsement by the agriculture body.

Pertaining to the biofuel aspect, I have the impression that it had been addressed previously by a 6-year off-take agreement with Singapore based Concord Energy: http://www.newsarawaktribune.com/news/25064/AsiaBio-inks-Biofuels-Offtake-Agreement-with-Singapore-Concord-Energy/

I do not think Asiabio own any plantations based on all existing information including its disclosed financials. Oil prices would probably stagnate its biofuel operations, with the biofuel production plants' plans delayed by the deferred interests of potential business partners.

Layman view. Just to share. :)

http://blogs.reuters.com/breakingviews/2015/01/13/oil-price-trough-could-be-far-away/

Considering the sector that it is in, there is some fundamental support, I believe.

chy72: chasing escalating prices not advised. :)

A phenomenal less than USD 1 WTI/Brent spread.

Good morning, folks

Good morning, folks

Bailout point sighted for my friends here. :)

Nomanland: case study that will make us make better investments going forward. :)

Abnormalies are likely to be attributed to 'divine intervention'.

http://www.cnbc.com/id/102332070

http://mobile.bloomberg.com/news/2015-01-13/oil-drops-from-5-1-2-year-low-as-u-s-supply-seen-adding-to-glut.html

@esl_22: ultimately one's decision how to regulate one's coffers.

Have a good evening, folks.

Have a good evening, folks

:) Can't beat the market, isn't it?

@esl_22: so the moral of the story is not to chase escalating prices.

http://www.reuters.com/article/2015/01/13/us-markets-oil-idUSKBN0KM0BT20150113

UMA management strategy. Avoidance word not nice, bro.

I am observing what could potentially happen when the medical hub over at Johor open its doors in 2015, assuming no delay. Would be a turner if Peter Lim decides to inject that collaboration with the Johor royalties into his listed investment as part of his healthcare pursuit.

Maybe she is exercising her magical skills now:
https://pbs.twimg.com/profile_images/378800000642703089/27a61c54d157a606db4c0c9e714c8de2_400x400.jpeg

@KS_99: 3rd quarter refers to the month of Jul - Sep based on calendar year.

http://www.bloomberg.com/news/2015-01-13/oil-drops-from-5-1-2-year-low-as-u-s-supply-seen-adding-to-glut.html

Peter Lim rocks.

bailout price reaching for rapidbeginner.

Hope bailout for my friends here.

@alex_theking: Thanks for the pointer. I see where you are coming from, and it's always good to be cautious.

at least 40 mill is a reasonable guestimate, which approx. the cumulative Q3 revenue (58m) gap against the proclaimed 100m revenue mark.

I am hoping that their billings to overseas customers to be significantly denominated in USD and if yes we might see the strengthening of the greenback against RM through realised/unrealised forex gain in their books.

Welcome back, FX Lee.

@nomanland: Correction: U.S oil companies could default if crude sticks to $40. :)

http://www.bloombergview.com/articles/2015-01-12/americas-going-to-lose-the-oil-price-war

All can drop, but behind the scene 'technical support' never drop is more important.