You all look at the stats and judge yourself. Don't let people con you.

30/09/21 $0.32
1/10/21 $0.305
4/10/21 $0.31
5/10/21 $0.325
6/10/21 $0.335
7/10/21 $0.33
8/10/21 $0.365
11/10/21 $0.405
12/10/21 $0.415
13/10/21 $0.41
14/10/21 $0.385
15/10/21 $0.38
18/10/21 $0.385
20/10/21 $0.38
21/10/21 $0.37 ( Probably decision made by BURSA to suspend made this day)
22/10/21 $0.35 ( Suspend only afternoon session. Morning to allow trading by insiders. Look at massive volume for Half Day ) Selling was during 1st Half Hour and dried up by 10 AM)

The results of the SIR was given to SD's independent Directors on 30 Sept 2021. Obviously the 3 Ind Directors and the people from EY would have knowledge of the report. Did share price drop from 30 Sept till Yesterday. NO. Looks like Karim finally got the details and decided to switch from the warrants to mother shares (Warrants at exercise price of $2.60 is way out of money ). Karim managed to buy 1m mother shares before BURSA stop him.

K Power doesn't have any contracts from SD

Can't understand the collateral damage to K Power share price. Will just buy on dips. Big solar project sign with TNB on Aug 2021. 95% own by K Power. Report by RHB on March 2021 call for BUY at $2.22 with TP of $3.12.
AmInvest call hold at $2.22 with TP $2.31 also on 15 March 2021.
Rakuten call BUY on 6 Oct 2021 with TP of $1.28

Volume building up. Coming Q results shd be good. Losses from DIMSUM no more

Still now moving yet. Will be patient with this counter

MUSTAKIN HOLDS 49% OF GRAND DEAL. SARAH HOLDS 51% GRAND DEAL. COMPANY TO PERSONAL TRANSFER.
At the same time, another 10.18% stake was acquired by Grand Deal Vision Sdn Bhd, a privately held company owned by Mustakim Mat Nun (49%) and Sarah Azreen Abdul Samat (51%).

CIK SARAH GOT NO DIRECT SHAREHOLDINGS. HER HOLDINGS IS THROUGH GRAND DEAL VISION. PASS FROM 1 SHAREHOLDER TO ANOTHER THROUGH DIRECT BUSINESS DEAL, NOT VIA OPEN MKT. GRAND DEAL TO MUSTAKIM

Agree 100% with Solomolo
he thinks SIR is bad but he's still here ...LOL
Worse case senario is 28cents ie 100% of issues raise by KPMG is true.
Best case senario could be $1+.
Decide on risk reward ratio

PLEASE WRITE OR EMAIL TO HIBISCUS CORPORATE OFFICE (NOT SHARE REGISTRAR) TO INDICATE INTEREST IN SUBSCIBING TO FUTURE TRANCHE OF CPRS. YOU NEED TO BE SOPHISCATED INVESTOR TO QUALIFY, IF NOT THEY ISSUE QUITELY AGAIN. SHAREHOLDERS GOT ROB IF CONVERTION PRICE IS SET TOO LOW AS WAS THE CASE WITH 2ND TRANCHE. NO OFFER WAS GIVEN TO SHAREHOLDERS

Is there more crps? I think no more. I think they HV converted 90+%. The extension was those balance. Correct me if I'm wrg. Again,my feeling my feeling is many ppl bought at 95c to Rm1. So if now price goes down, sure they will run. Like Chinese saying, see ghost once u not scared dark? Again, I believed fundamentally it has changed better n oil price still high. I continue to keep buy no more top up because it is 25% of my portfolio already.
APPROVAL FOR CPRS IS RM2B. 1ST TRANCHE WAS NOT TAKEN UP. THINK 2ND TRANCHE WAS 200M AT A CONVERTION PRICE OF 48 CENTS. WITH THE HUGE PREMIUM
90+% OF THIS 2ND TRANCE IS CONVERTED.
STILL GOT 1.2B CPRS NOT ISSUED. THAT WHY THEY ASK FOR EXTENTION TO ISSUE THIS CPRS. REFER TO COMPANY ANNOUCEMENT AT BURSA

Could be pushing down the price for issuing CRPS at low price again

Disappointing. The only O&G counter that have not break out price wise

Refer to the cut & paste ABOVE.
The 2B CRPS is not aborted but extended by 6 months. Can still happen.
The previous CRPS was not given to shareholders but quietly issued to CEO
and their Machai at a conversion price of $0.48 and carrying a coupon rate of 1.55% when the mother shares were trading at 55 to 60 cents.
SO BE CAREFUL of a REPEAT scenario. Better for those to hold hibiscus to drop a email to the corporate office (Not Share Registrar) indicating interest to subscribe to any new CRPS to be issued.

VALUATION - How much is Hibiscus Worth

SOON, the 3rd child will be delivered. And what a productive child too – it would increase current production from 9,000 bpd to about 27,000 boepd. The 27,000 is barrel oil equivalent (boe) as the gas production is converted to oil equivalent.

In the previous write-up, there was still the possibility of more CRPS (and dilution) being issued, giving an estimated valuation between RM 1.16 to 1.29, now CRPS route is not required, the revised value would be RM 1.42.

The 2022 matured sukuk also trading steady. Price did not collapse. No worries

Good results, price come down. All quarters profit. Just average down

Posted by Raiz368 > Oct 13, 2021 10:44 PM | Report Abuse

56 mil PP at 0.384 to be listing tomorrow...

MATI. 25% Profit Margin for the beneficiary

KL Screener says 527 m shares issue at $.3839. 100% of share capital issued?

Reference is made to the earlier announcements dated 3 May 2021, 10 May 2021, 18 May 2021, 27 May 2021, 18 August 2021, 26 August 2021, 27 August 2021, 3 September 2021, 10 September 2021 and 13 September 2021 in relation to the Private Placement.

On behalf of the Board, UOBKH wishes to announce that the Board had on 5 October 2021 resolved to fix the issue price for the Private Placement at RM0.3839 per Placement Share.

The issue price of RM0.3839 per Placement Share represents a discount of approximately 9.99% to the 5-day VWAP of SCIB Shares up to and including 4 October 2021, being the last traded day of SCIB Shares immediately preceding the price-fixing date of RM0.4265 per SCIB Shares.

Minimum downside. Big upside. Weigh the odds

Minimum Downside Risk. Potential windfall

Next Week 60 cents

Recent push down may due to the Board had on 5 October 2021 resolved to fix the issue price for the Private Placement at RM0.3839 per Placement Share. Tomorrow onwards the price will increase
Where you get this?
Read that the last PP was at 58.5 cents

Investment in Anasuria North Sea is burnt. Hangus.

The UK license expired on 30 September 2021. Not renewed by UK government. Exploration rights at North SEA BURNED?

When the accounts were supposedly hidden, all IB's recommend buy.
Now all recommend sell. All can see the hidden figures. Think reverse and buy

When the accounts were supposedly hidden, all IB's recommend buy.
Now all recommend sell. All can see the hidden figures. Think reverse and buy

I think the prospect of SCIB is better than the other 2 Karim counters. SCIB is the largest prefab supplier in East Malaysia. With the state govt of Sabah & Sarawak having more power, infrastructure spending will increase. SCIB shd got more contracts from Sarawak and Sabah soon,. Sarawak State elections coming. Best counter for political payout now from a low base

Loss making Dinsum already retired. Looking for better results

Revenue just drop 10% but profit drop 90%. Adjustment to cover the over reported profit form last Q. Guess got time to cover the tracks for the independent reviewer to gave a good outcome. Money talks. Weigh risk to reward. With revenue holding up well, the profit shd return sooner.
By the way the sukuk due May 2022 is holding well

Among all 3 Karim counters, SCIB drop the most of their high. $2.70 to $0.40. Smallest market cap of only 210m.Serbadynamik is $2.07 to $0.30. Mkt cap is 1.137B. K Power is $2.90 to $0.62. Mkt cap is 285m.
Since the problem start with SD, I feel the best bet for a quick rebound is SCIB.

With this kind of losses and the company warning that it will be difficult times ahead, I suppose a massive rights issue is likely. They may support the price to call for a rights issue, but the problem does not go away.

Haha. Thank god. My cost is 13 cents. Sell all at 11 cents and move on.
Was thinking the price may crash. Lucky

Already very close to pre pandemic price. Why? The retained part of Super Normal profit hilang?
Jan 06, 2020 5.39 5.39 5.32 5.35 5.00 794,400
Jan 03, 2020 5.33 5.45 5.33 5.40 5.05 1,689,800
Jan 02, 2020 5.40 5.43 5.32 5.35 5.00 2,379,700
Dec 31, 2019 5.55 5.55 5.36 5.48 5.12 9,941,800
Dec 30, 2019 5.50 5.57 5.50 5.56 5.20 2,564,100

Like Isreal lend missile to Hammas to fire

When EPF themselves start selling selling, its time to buy lah. Where got so smart Investment Fund. Lend to RSS to sell when you hold so much of the asset. After RSS people have driven your asset price low, you yourself sell. Nut head.

The new players will caput very fast

Tonee, based on.my estimation, by end of FY 2022 which is mid of CY2022, Supermx will have RM1.75 per share of cash after paying off another 280 millions for the 36 b capacity expansion. If Stanley and the management decide to delay the capacity.expansion for the balance 12 billions, they can.decide to distribute.all the 1.75 per.share of solid cash to the shareholders in the next.few qtrs. He and his wife will get 1.93 billions of cash.dividends. With today closing price of 2.44 , both of them can buy back another 29 % of the total supermx shares. They will then own 69 % of total shares. The company will go back to pre pandemic with about 250 millions nett debt but capacity.of 36 b instead of 22 b. The nitrile.to latexx ratio will also increase to 73 to 27 instead.of 52 to 48 during prepandemic. If we buy at 2.44 , effectively we are buying at 2.44 - 1.75 or 69 sen . The 69 sen is pre pandemic price but we are getting a supermx with much higher capacity of 36 billions fully paid for compared with 22 b during.pre pandemic. Furthermore , the IBs consensus PAT.for FY 2023.is 882 millions which is 7.1 times higher than the pre pandemic of 124 millions in FY 2019. Do you think Stanley and his management team.are not looking at the numbers and planning for the.attack at the right timing ? May be when.MM has work hard enough to push the price from.2.44 to 65 sen ?
Then we can use the 1.75 to sapu kaw kaw the supermx share at 65 s .

----------------------------
Stanley and wife will get 40% of the payout. Distribute 1b they get 400mil, if 2b they get 800mil. Good reard for their hard work.
20/09/2021 10:14 PM. WAH. VERY GOOD POINT. WILL COLLECT IN BATCHES

I think the worse is over. Everyone was expecting very bad results for Top Glove because of the US Ban and also the closing and reduced capacity due to shutdown in Klang valley due to covid. Things will look better now

They should announce plans to make ABF (Ajinomoto Built-Up Film ). No enough supply now. All ABF producers shares price have gone up by 1000+ %. Used in electronic industry to insulated chips and also for connection to other chips

Major shareholder cease on 20th May 2021. Now only report

Everyday RSS pack 4 digits seller. Price also not going down anymore. The net sell RSS position also about the same. See is the RSS guys cover short this week. If not got to pay the 15 cents dividend

They have been buying at 12 cents and lately 12.5 cents.
Should be ripe for upward move soon

April 2021 issue rights at 8 cents. Now share price is 3.5 cents. Lose 4.5 cents in 4 months. NTA is 31 cents. Hope owner privatized at 5 cents. He is make a lot of money.

Revenue from online business increase by 46%

My God. Q to Q profit drop by 25%. Why so bad compare to the big 4 glove company. Cheap sale of gloves?

US New Covid cases reach 267,000 cases on 23rd Aug. Death is consistently above 1000. Not even winter yet. Israel with a population of 10m and vaccination rate of 60.2% got 10K cases a day. Supermax share price is down about 44% since beginning of the year. Most of Supermax gloves are sold in the west.
Does this share price make sense.
Buy in the RED and keep. Should have bumper results and dividend soon.

Matter of time US Border Control cancel the ban on Top Glove.
US New Covid cases reach 267,000 cases on 23rd Aug. Death is consistently above 1000. Not even winter yet. Istrael with a population of 10m and vaccination rate of 60.2% got 10K cases a day