His mum give birth to him with his brain grown in the ass. What to do?

https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp

What I think they are doing is, to reduce numbers of shares when price is not that high and improve financial ratio for bonus issue again in future with hurting financial ratio too much. This way, share holder gets more share without needing to buy it themselves. That’s the best way I could think of at the moment. That’s what I would do.

What do u guys think?

Very funny that every morning, IDSS will manage to sell at 3-4sen up. And for some stupid reason, someone sells back to them after 6sen down in the evening.

@jaya, totally agree with u. Too many monkeys.

Also good, gives me more time to collect. Collect together with whoever suppressing the price to collect. Thank you.

I tot it was dividend

Reduce numbers of shares. Then, less share for the sohai to ding dong.

Miniaturised arc reactor with thermoelectric capabilities to convert nuclear energy to electric direct. Yes, oil will be for good. Until then, petroleum, natural gas and coal will be our primary source of energy.

Uncle Koon, Q1,18 and Q2,18 can’t be used as reference as includes one off profit and some good will. That’s not core operating profit. Q3,18 and Q4,18 provides clearer picture of hibiscus core operating profit. Read page 20-26 latest QR. The opex per barrel is decreasing. About usd15-20 per barrel. As long price above uSD60 Gross margin about 75%. Profit margin about 30%.

Simply ask why EPS6 down to EPS3 reflects badly on you. You didn’t read all the report didn’t you? In the earlier quarter report, they did say the oilfield are scheduled for maintainance and reduced offtakes. Hence you can clearly see reduce amount of barrels sold. Perhaps the maintenance work has something to do with offtakes.

Electricity substitute for oil. What a joke.

Oil can produce electricity. Can electricity produce electricity? It’s not even close to chicken and egg question.

Only about 20% comes from renewables and nuclear. The other 80% comes from burning stuff. And 92% of transportation is powered by petroleum. For Tesla to drop it from 92% to say 70%, if petroleum is not used for transportation, it can easily use for ELECTRICITY GENERATION.

Go get urself education man.
https://www.eia.gov/energyexplained/?page=us_energy_home

Yes, Titus. I prefer u to shut up.

For hibiscus, more important metrics of assessment should be opex per barrel and capping administration and finance cost.

How much they sell per quarter is irrelevant. More important to sell more in QUarters with good price and sell less during bad price to maximise profit.

MAXIMISE profit should be focus.

Mai alang2 liao...all the way to 60sen.

R u trading oil or hibiscus?

Hibiscus will be profitable as long oil above USD40.

Sohai parroting again.

Post removed.Why?

Post removed.Why?

Or collecting as much share as possible before it rockets.

big volume but price didn't move, I wonder wat's going on.

Is someone absorbing all the shares to support the price?

For IB, this is a low risk counter. Even if they have ding dong this way since 40sen, the capital involved in passing for left hand to right hand has gained 100%. That's on top of countless expired warrant that where they have made money.

IMO, stop loss is the best technique invented by manipulator to buy low sell high. If u think suppressing the price serves the best interest of the numbers of shares manipulator have, then you are wrong. They KNOW the capital will appreciate, and they just wanna make more money by collecting more shares and more money in between by offer call warrant. If retailers don't fall into their trap, IB will be only trading with themselves. Neither their capital will appreciate nor the warrant will sell. Suppressing will price will de-value the shares they have, but it's compensated by collecting more shares at lower price.

Source to your claim? I wanna hv a look at the details.

So, u think Bcos IB issued warrant and that’s why price are suppressed. Does that mean if they continue to issue warrant, the price would be suppressed indefinitely? If so, how did hibiscus price grew from 50c to 1.36 at some point?

I tot profit taking could be worse. Pretty well supported.

Pearl white, those are ur opinion not proof la.

Pls do support with data n source to ur data. E.g QR or AR. Not some blog written by some idiots. All u get is affirmation from another idiot but not the truth.

miss by half sen. If I share my post earlier. Maybe can hit my target.

If got recurring revenue like Penta or Vitrox. 5% recurring revenue for maintenance and services.
Let's assume the product life cycle start with 2 years warranty. Year 3, Year 4, Year 5 requires maintenance and expires at the end of year 5. 5% of accumulated total sales from Yr 3, 4, 5 from now is 53mil. 5% recurring income from service and maintain on 53 mil generates additional 2.6mil of revenue per annum this year and 3,4 mil revenue per annum next year. I haven include year 6 onwards. And total sales of machine since 2006 is 203mil.

It will be awesome if they write their QR separating services and maintain revenue in its section. Then, this counter will be very appealing. This counter should trade that PE15 above. Got 50% upside.

Really excited to see next QR.

very very very good QR.

P.S c if it closes at 55 sen. =D

IDSS sell at 1.09 and buy back 1.07 now. and got idiot actually sell to them. Too gullible.

Very strong volume

very very good QR.

P.S. c if it goes another half sen. =D

Let him hv his peace. Don't provoke it.

I share mike's opinion. It has strong revenue. It makes no sense to go for default settlement when Armada has strong ability to generate revenue. Impairment are one off unlike operating expense.

When those impairment are gone. It goes back to blue. That's not the same as operating expenses.
Anyway, Kraken and it's revenue can be use as collateral and leverage for long term loan. I wonder why with Kraken's final acceptance, why is this not done yet.

If i'm management, I will hire good lawyers and speed up the claim from Woodside and expedite Claire's redeployment.

why not collect 0,515 and pay it goes to 0.55?

Dunno who, uptrend still sell.

Sigh. Upto him la.

Kasi pecah 53sen. Hope it can close above 52sen.

If you think that’s the only two words he knows, do u think he should also learn to call u a moron, retard, or sohai?

PS.I guess my sarcasm was terribly misinterpreted. He probably googled what’s postscript and started using that.

Now, wife’s brother is involved in a investment forum according to the grown up man.

I would agree if it was wife’s sister involved. That would be a pretty good investment.

P.S. No offence panda. Just fooling around.

Well, if he has nothing to hide? Why is he firing everyone?

And just because he is a president doesn’t mean he isn’t a liar. Let’s talk about Stormy Daniel.

Rally better start on Monday....if Thursday again pancit on Friday..

100lot and 13.39% gain. Laugh die me. Tmr limit down with 100 lot too?

Other than bull market, since when market closes green on friday? Today lucky got 1 sen up

Tell those fella trying to push, next time try push on monday. Got longer rally. That's common sense.

If he has money, he will. In fact, I will privatise it if I’m him. Why not? To privatise it, 1.5 billion now. And if I do, I tie up all my capital for one investment. Future other investment becomes impossible.

DickyMe, what’s ur problem if hibiscus becomes RM2 or RM3?

In ur estimate, u forgot that hibiscus as NTA of 70sen. At price of RM1.06, u r paying a premium of 36sen. Hibiscus assets generates about 6sen per quarter for past 3 quarters. In last 3Q, Brent price fluctuated between USD70 and USD40. Yet maintains its EPS 6sen.

Conservative estimate if price maintains between 70usd to 40USD, at EPS 6 sen, it only takes 6 quarters to break even the premium. At NTA RM1.06, NTA with MORE cash no debts. I will leave the market to decide the price.

At forwards Annualised EPS 24sen, PE 5 is RM1.20. PE 7.5 is RM1.8, and PE 10 is RM2.40.

If offtakes increases at good price, forward Annualised EPS 32sen, at PE 5 is RM1.60. PE 7.5 is RM2.40, and PE 10 is RM3.20.

Annualised EPS 24sen is within grasp. Annualised EPS 32 is achievable. And any PE below 10 is not over price, if it is, 90% of BSKL is over priced.

If u wanna compare with those counter converting EPS by selling 100million worth of landland. A good question to ask is if these counter hv how many 100million worth of land to sell and for how many quarters more? You cant say the same for hibiscus. It can keep pumping £££ for many years to come. It’s just matter of time.

and propose what 1 sen dividend. Atleast 1.5 sen la

about time liao la...So much cash. Keep for what?

This dividend will drive the price up!

Push on Thursday. Tmr sure puncture. Next time try push on Monday, then can rally all the way to friday ma. Tmr, sure everbody take profit

cimb only left 200K share. Unless they buy back la.

Kenanga buy alot. Holding 32 million share. I wonder what Kenanga know and CIMB don't.

@armadatuah, well...a retards understand what my lot means. And I hope that you are better. I don't buy bursa. I bought armada. I do own abit of Armada as long as it's public listed as per contract.

@shpok4574, Kenanga increased 15million shares. Not sure in what period. Actually, if you aren't bragging about sapuing millions of shares, you could probably in top 20 private shareholders. Cos, Pacific Income Fund only owns 2million shares and it's in top 20. =D

@ Huatexpert, useful sharing. Thanks.

According to Morningstar, Kenanga has increase 15million shares. Huatexpert is right about CIMB reducing it's position by 6.5million shares. I wonder these ownership changes updates in what frequency.

Sorry, my lot is 1000 shares. I use 1000shares a lot.

100 shares can’t do shit la. Even 50% return also not enough to pay my weekend indulgence. What’s more to hv headache over it.

200 lots of half sen. 0.005.

All these pok pek pok pek for RM1k?

Any thing meaningful to substantiate ur skepticism?

I’m more positive on armada refinancing their debts, Woodside compensation and redeployment of Armada Claire. As long as revenue is above total of finance cost, admin expenses and COGS. Should be Ok in the long run.