@nomanland: bro, be the larger person towards the spoilt brat. Hehehe..

Hahaha...see..at least demusangking write with standard when making fun of Dragon..hee..hee..hee..

want to contra? Dont lose your pants yah. Hehe..

derrtan meaning the price up but limited until RM1 only?
02/03/2018 20:07

Dragon, your Hengyuan ok?

Dragon bro, just left in right out lah. Aiyoyoyo...hee..hee..

Bro, chill. :)

Can you enlighten us where is the subsequent cash inflow for the gas works contract billings, or revenue if you like? How do we see that from their financial statements? :)


Posted by RickyHo > Mar 2, 2018 01:44 PM | Report Abuse

Read The quater Report page 4 B1 .....the revenue was delivered from the gas development contract billing !!!!!!!!!!!!!

Go tell your halim saad to redo his nz chartered accountancy. Hehehe

Put the last 3 yrs quarterly numbers side by side and look closely. Have fun reading the griddles. :)

Posted by Tongkarat > Feb 28, 2018 09:33 PM | Report Abuse

Merlin method of valuation using DCF is ok BUT the mistake was that he relied on the storytelling of Sumatec too much without verifying the authenticity of the data....

Bro...just leave the kindergarten kiddos alone. :)

Is share price more likely to be driven by the operating performance of the business or the corporate transparency of the management?

Posted by Tessa Joseph > Feb 26, 2018 03:08 PM | Report Abuse

Posted by ChartMaster > Feb 26, 2018 12:22 PM | Report Abuse

the management is transparent, will go back to 2.68 in the coming days

....

2.68 was the old high, i think donovan's tp 2.24/2.32 make more sense

Can the author enlighten us what are those intangible long term assets since it is presumed from the above that he/she had (probably) done the fundamental analytics of the numbers?

Also, how does the revaluation as mentioned above come into the picture, from an investment standpoint?

Cheers.

Rely on yourself is the best.

profitgrow LKOH the article can relied or not.. hmm
26/02/2018 12:20

After a marathon, surely it deserves a rest?

panorama World oil price bullish now, hibiscus like no energy?
26/02/2018 10:42

Thanks for sharing your insight based on your O&G exposure.

Dericlock guys, good to be positive and have confidence in hibiscus.
But it is time to do some homework after the QR release though. Indeed it is actually quite a good QR but being dragged by the unexpected downtime and extra expenses.

Yet, i start to worry on coming QR though as Feb is where anasuria oil tanker offload oils, and the recent rally of 70USD of brent price cooled down after end of Jan, hence hibiscus did not benefited by the recent high rally.
And last quarter low production online time did cause a big gap to fill this quarter oil tanker. So it will really need a good production rate this qr to sell enough oil.

Plus the recent downtrend of USD did also cause forex disadvantage to hibiscus.

Hence expect the revenue might be lower or maintain, but Net profit should be improved provided no other extra expenses incurred in this QR.

Anyway, good luck and hold tight on hibiscus.
22/02/2018 21:21

That is one aggressive station 232. Kudos.

Posted by Mark T Bird > Feb 22, 2018 10:46 AM | Report Abuse

I stick with my decision to follow donovan's tp LOL, not ready to sell anything LOL

Business conditions change and we know for a fact that oil prices fluctuates and that being the significant determinant of Hibiscus valuation and not forgetting that ringgit is influenced by oil prices, these reports might well be irrelevant over time.

Yeah, no 100%. These folks don't give a profit guarantee clause towards the end of their report too. haha.

Posted by Dericlock > Feb 22, 2018 10:34 AM | Report Abuse

oozie, personally i dont really trust the research article by the investment banks/firms.
The valuation/analysis change like weather.

Just good for reading but not going to trust 100% on it.

Public Bank so what? haha!

jutawansenyap It is Public Bank bro..Public Bank!!!
Find me ciput kaunter Public Bank give outperform call. No in history.
Is time to buy now.Hold tight if u are already in.Let jerung chase higher!!!
22/02/2018 10:32

Fairly consistent write-up to the previous. Fair value previously was 1.44 (pre-dilution) and the current of 1.17 is slight a notch up of (0.8*1.44 >> 1.15).

Dericlock announced plans to undertake a free warrant issue on the basis of 1 for every 5 existing ordinary shares held, subject to shareholder approval. While this essentially expands its share base by 20% upon full exercise of the said warrants over the next 3 years and may be dilutive, we are leaving our sum-of-parts derived RM1.08 valuation unchanged for now given the potential uplift from the conversion of 2C to 2P reserves for the North Sabah field, which we have not accounted for in our computations. Assuming a 50% conversion, we are estimating the Group’s overall fair value to be bumped up to RM1.17 (post-dilution)

TP 1.08 exclude free warrants. TP 1.17 is the real deal.

Anyway these bank analysis just for own reading. Dont trust 100% though but good to know they are positive on hibiscus as well
22/02/2018 10:09

Care to elaborate the part on transiting to be a value counter? :)


Posted by Klseman > Feb 13, 2018 03:49 PM | Report Abuse

Hibiscus is transisting to be a value counter. Mother will only appeal to long term investors. As for other short term investors group, there are the other securities options.

Household debt? Is about 84% of GDP.

Please fast what? Haha!

How do you define stagnant growth?

Resolved. No longer breaking. hehe

Mohd Fahmi Bin Jaes BREAKING: US government shuts down as Congress fails to pass spending bill in time
09/02/2018 14:18

Really? Maybe KYY got angry because promoters never pay him for using his and his wife's name for Astino? Haha! Don't bluff, nothing in Bursa leh.

Pilotsport Kyy sold out loh
07/02/2018 20:33

The fear factor is just building up, and this morning's optimism probably created an exit route who those who watched the nightmare on wall street, and next week is the lunar new year is probably gonna build up the selling pressure further.

Dericlock Market seems very pessimistic on OG stock now.
All recover today morning, gone.
07/02/2018 15:24

Some like the skydiving sensation. Thanks for the note. :)

locomania Very red dy la....

I already warned that after the DJ slumped and yesterday DJ rebounded is still too risky to enter long, unless you are a pure day trader......
07/02/2018 14:56

And this means the expectations on Tomypak is heightened.

Qintian record breaking earning for Daibochi according to report..
06/02/2018 08:55

When one promotes continuously and the same voice died down....hmmmm....DYODD is better.

Posted by OrlandoOIL > Feb 7, 2018 07:57 AM | Report Abuse

Erkongsing time to post comments again

I think she is just trying to cheer everyone up with a joke. Nothing official in Bursa, dude. :)

Posted by derrickinvestor > Feb 7, 2018 12:12 PM | Report Abuse

Luoli May I ask where you see this news? In Bursa? Thanks

aiyooo....kikikiki...oei....:)

Posted by dragonslayer > Feb 7, 2018 12:04 PM | Report Abuse

Aiyo ozzie....why so straight forward asking like that...I know accountant ada trained one...dun so direct lah....aiyoyo...kikiki

Oh, Luoli, so that means an elephant becomes an overweight mamooth? OMG..

Posted by LuoLi > Feb 7, 2018 12:08 PM | Report Abuse

GOOD NEWS! Sumatec has approved the right issue of 15 for 2!!! If you hold 100,000 shares, soon you will have 750,000 share with free warrants!!! Hooray!!!! :)

What are you looking for in next QR?

Posted by stopbombing > Feb 7, 2018 11:55 AM | Report Abuse

ok la, we see next QR,

Which P? Possible, Probable or Proven? hahaha. I buy from you, bro. Need you to fart it right on the face of Halim Saad.

Posted by nomanland > Feb 7, 2018 10:51 AM | Report Abuse

I just discovered, behind the kitchen, I found fart gas! Can I sell it to sumatech?

Hope all makes money. Calvin, good sharing. Have a good weekend, ALL.

Hahaha. You ah, pattern still the same.

Mohd Fahmi Bin Jaes Cut
03/02/2018 08:26

It has to depend on individual risk appetite. Set your own entry and exit points. Take care.

Burdoc Cut profit first?
03/02/2018 08:25

Didnt I pre-empt that halim saad could be selling his shares? The old dog ran out of new tricks and recycled old tricks. Hehehe..

Why you chase high?

PN17player Cut loss
03/02/2018 07:40

Enjoy your weekend, folks.

@King Musang: Thank you for sharing your thoughts.

Our friend could probably sound more balanced by saying 'maybe balance PP investor is selling to avoid loss'..haha.

stockistlearner Pp investors selling also can be seen? memang geng chow.....
the investors should be a dump ass. 1.15 didnt sell but sell almost at cost price. trade like pasar aunties. hahaha
02/02/2018 12:33

Thanks for sharing.

PN17player PP price was 93 cent . PP investor is selling to avoid loss . Big selling volume can be seen
02/02/2018 12:09

血汗钱人人都认真。哈哈

好样。 确实是买卖自负。 假日愉快。

You mean this? It's not from me.. :)

Mohd Fahmi Bin Jaes https://www.thestar.com.my/business/business-news/2018/01/31/oil-price...
31/01/2018 11:23
01/02/2018 12:01
01/02/2018 12:24

profitgrow @ozzie75 the link u give us can't found already.
01/02/2018 14:23

https://www.youtube.com/watch?v=HPkTGm4RtVM

KillBuffett For Suma Die hard Followers:

Every night in my dreams
I see you, I feel you,
That is how I know you are gone

Far across the distance
And spaces between us
You have come to show you are gone
01/02/2018 13:19

I recalled this classic:

https://vineyardgazette.com/sites/default/files/article-assets/main-photos/2016/jaws.jpg

hee..hee..

strattegist Aiyoyo ah tan...ini ular anaconda di lautan Caspian lorrr
01/02/2018 12:25

jasontan1177 Itu jual saham publicly ala ular di sebalik batu....kikiki
01/02/2018 12:03

Well, let's stay watchful.

The Saudis want to make Aramco float, so oil prices have to maintain for that to happen and this not only support Aramco but the other OPEC producing countries so I think there's gonna be support somehow in one way or another.

Chill. hehe.

locomania The same paper put out oil price bad news, then the very next day good news.....what are you going to say about it?

Already said 'a solid trend' will not build or collapse within days or 1-2 weeks especially if the trend direction already on a steady direction for months. If it going to collapse months of solid trending within days, it will be WW3 or some worldwide holocaust happens to induce a world market meltdown.

https://www.thestar.com.my/business/business-news/2018/02/01/oil-exten...


Mohd Fahmi Bin Jaes https://www.thestar.com.my/business/business-news/2018/01/31/oil-price...
31/01/2018 11:23
01/02/2018 12:01

Aiyooo....paid service mah. Victoria Secret lingerie has sexy design but people only know when models are paid to wear and catwalk around mah. haha!

DarKLoRD888999 Promote for selling wahaha
29/01/2018 13:39