We refer to a research report by TA Securities Holdings Berhad on Dagang NeXchange Berhad dated 17 December 2018 (“TA Report”).



In the TA Report, it is stated that ”management noted that no lifting will be performed for Anasuria in 4Q18, leaving total FY18 lifting at 4 times (against earlier guidance of 5 liftings)”.



Such a statement may have caused some confusion amongst the shareholders of Hibiscus Petroleum Berhad given that our indirect wholly-owned subsidiary, Anasuria Hibiscus UK Limited (“AHUK”), generally conducts offtakes in conjunction with Ping Petroleum UK Limited at the Anasuria Cluster.



In relation thereto, we wish to clarify that there has already been one offtake in this quarter (October – December 2018) which was conducted in November 2018 in the Anasuria Cluster. Approximately 274 thousand barrels of oil (“Anasuria AHUK Offtake Volume”) net to AHUK was lifted and sold.



For the avoidance of doubt, the Anasuria AHUK Offtake Volume is in relation to our oil sales from the Anasuria Cluster only and does not include any oil volumes from offtake(s) from our North Sabah asset during the same period.





This announcement is dated 19 December 2018

Down 9% today more fell into d group to receive top up call tomorrow

Banks calling d shot

Forced selling stil on

Jz hope ah ken n other big shareholders r not wetting their pants braising for d dread top up phone call

TP for forced selling?

Abu Hassan forced to cease as substantial shareholder of Prestariang

TP upto d point banks r happy

Well wat to do mkt oso pusing pusing got to b flexible

Now lolololo no kikikiki time

*at

I don't mind 0 uplift in 1 qtr by 2 later but mkt now lots of forced selling look Prestariang bos

Now supply under control it is demand side tat is messed up by Trump

12pm forced selling

No more IDSS stil lolololo

Run

Let ur hair down

*thread

Cannot afford to screw up its oil industry

US is holding on to its tech advantages by tread

Shale oil is d only good thing going on for Trump for US

OPEC wil become OPEC++

In no time Trump wil b more concern abt low oil prices thn MBS or Putin

Short term wti brent lolololo

But jz short term

Long term wyi brent kikikiki

WTI below 50 usd d biggest oil salesman Trump wil b in big trouble

Shale oil producers gonna hv no cash flow all cash jam

Mass credit default

Too much lololololo over shoot

Some more said d aiming 10 uplifts in 2019

Hibiscus experienced no uplift in 1 qtr but 2 in nxt qtr b4 why so panic

More like forced selling across d board hitting Hibiscus as collateral damage

No la 4Q for dnex

Q to Q variation so important? All stil in same year end 2019

Tua lo whr got kikikiki? Don't bull

Lololololo no kikikikiki

Despite a large capital expenditure for ongoing developments, Ping Petroleum may potentially pay dividends, given strong cash flows from Anasuria’s operations.

Wat news fr dnex exactly?

Everyone short

Short till IDSS don't dare to short

On hindsight IDSS like pretty smart

Warren swears by If +&#£=¥÷If;-£÷×(;^×*×If¥$,-;!/×€If÷&

If


If you can keep your head when all about you are losing theirs ...

If you can wait and not be tired by waiting ...

If you can think – and not make thoughts your aim ...

If you can trust yourself when all men doubt you ...

Yours is the Earth and everything that's in it.

Newbie I good man I teach u hw to fish u go annual report n hv a look at top 30

KWSP KWAP n many funds r in Hibiscus d n d rarest is SOCSO

Being included in MSCI Index wil bring in more funds

Last few days of 2018

It is abt funds doing reallocation

It is abt funds doing positioning

Hibiscus included in MSCI index it has got to count for something

Lack of fund poor small timer traders who jz want some profit oso always contributing to d dumb

*of

Confusing


IDSS like damn smart to do their biz at resistance level but jz 1 2 cents profit only


While if going long wld bring abt a breakout wit potential gain or 20 cents or more


Knn dumb IDSS

IDSS


I really want to see if IDSS hv d gut to short at breakout point


Come on IDSS gv ur best shot

Brent oil price to trade at US$70-75 per barrel moving into 2019, says Affin Hwang Capital

By Gigi Chua | 2018-12-13 11:48:45
KUALA LUMPUR (Dec 13): Affin Hwang Capital Research expects Brent crude oil price to trade in the range of US$70 to US$75 per barrel moving into 2019.

"A total of 1.2 million barrels per day (bpd) will be removed from the oil market for six months from January 2019 onwards, representing 1.2% of the total supply. OPEC (Organization of the Petroleum Exporting Countries) members pledged to cut 800,000bpd of output, while the rest of countries, including Russia with a lion's share, will cut 400,000bpd.

"We view this news positively, as it improves supply and demand dynamics, while injecting renewed optimism into the market. Maintain 'overweight' on the sector," Affin Hwang analyst Tan Jianyuan said in a note today.

He also wrote that the recent trade truce between US and China to bridge their differences on the trade talk supports the research firm's stronger oil prices thesis moving into 2019 as world demand is perceived to be stronger and is expected to peak only by 2020.



If tis kind of news stil can't move up Hibiscus in tis mth

Knn I gonna freaking sell off Hibiscus+×#$£=¥$)#£×

Fatigue means a lot hv sold selling pressure has eased

Whn d keenest supporters show sign of fatigue operators know it is time

It's sad so sad so sad


Wat do I gotta do to make u love me?


Whn can I see 1.70?

Gut feeling is big big big profit is on d way anytime now

I m not hanging around Hibiscus for some profit

It has gotta b big big big profit cos I m worth it

Dumb market risk