Guys, all Fahmi msg you just put opposite you will be fine.. I like Fahmi.. One Word Man!

are you guys ready for the rocking? LOL

why so noisy lately this forum? LOL...

Next week will start the engine to rocket up leading to Free Warrant! so better buy now if you have bullets, otherwise sit tight and watch the movie unfold.

seriously many came to walap the food like puasa for a month, worst they really colelcting the food and even mineral water into their guni bag.. OMG! Malaysia boleh. I was told many of them buy 1lot share of all the PLC, and every day just going around for free food/goodies, asking the same questiosn in every AGM/EGM, disgusting! So what Alex said is so so true! Chartmaster did not turn up for the vote, maybe he just sold all his share before EGM, so no right to vote! LOL

Concluding Comments(QR )

Whilst the Group has articulated its mission until 2021, we also recognize that activities to be
implemented over the next six months are key towards the successful delivery of this mission. During this period, we hope to:

• Conduct a successful extra-ordinary general meeting in early March 2018 in respect of the
Proposed Free Warrants issuance;
• Complete the North Sabah transaction; and,
• Drill the GUA-P2 side-track well.

We hope all these events will act as positive value enhancing triggers for our shareholders. In addition,with production at the Anasuria Cluster currently restored to expected levels and oil prices
demonstrating favourable trends, barring unforeseen circumstances, we expect these factors to augur well for the Group’s performance this financial year.

Considering they have some technical issues with Subsea compressor and Planned shut down still managed to generate better profit than previous quarter. I have to give them some credit. When you have only one asset to rely on, any technical issues could easily affecting your performance. That is why we need to have 2-3 wifes or gf for back-up plan, so North Sabah will be their safety net. LOL

see my earlier post here, as expected and the real is yet to come in next 30-60 days!

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

Feb 20, 2018 10:44 AM | Report Abuse

Don't expect QR to be too great this week, oil price up from 45 to 60, but USD down from 4.3 to 3.9, the real profit willl come when North Sabah is captured by Apr, Q3-18 to annouce in 25/5/18 will be the real deal, especially RM75Mil one time gain of 2017 NS ops.

@calvintaneng, thakns for your efforts to spread the panics, hope more will listen to you and sell now.. haha.. I love you

Not a terribly bad result, except market high expectation, beside they have some technical issues with compressor and shut down. Still PAT higher than previous quarter, the real deal is North Sabah. Dip is good to collect. Sell your shares please.. I Like!

Don't expect QR to be too great this week, oil price up from 45 to 60, but USD down from 4.3 to 3.9, the real profit willl come when North Sabah is captured by Apr, Q3-18 to annouce in 25/5/18 will be the real deal, especially RM75Mil one time gain of 2017 NS ops.

Hibiscus Valuation (Rough Estimation)
Anasuria, Total 12,000bopd, net to Hibiscus 3,500bopd. Cost per bbl = $18.
Anasuria Revenue = 3500 x 360 x (60-18) x 4 = RM211,680,000
North Sabah, average 16,000bopd, PSC 25/75, 20% Loyalty, 80% Cost Recovery,
North Sabah Revenue = 16500 x 360 x (60-12) x 4 x0.80x 0.25 = RM228,000,000
Previously reported monthly Admin/OPEX cost = 10,000,000, assuming 30% of this now capture as cost recovery under NS PSC, therefore Annual Cost= 120,000,000 x 0.70 = RM84,000,000
Therefore PBT = 211 + 228 – 84 = RM355,000,000, Tax 25% > PAT = 266,000,000
EPS = 266,000,000/1,500,000,000 = 17sen, PE 10 = 1.70 or PE 20 = 3.4
XOM, CHV, COP, average command PE 20.

The market is driven by fear factor, not because of world ecomomy is in trouble. So, the correction is good to pull back before swing up. Hibiscus support strong at 0.80 also indicate the selling pressure is slowing down. It is going to be difficult 2-4 weeks for the market to re-assess the situation. As long as oil price remain above $60, we should be fine. Monitor closely, but considering Hibisucs movement in the past 3 years, this stock can gap-up with no reason suddenly, while the drop in last 10 days has been gardual, that is a good sign! 4-5 good news line up in next 4-8 weeks. Let's hope the market stabilise and capitalise on the rebounce, but not in this 2-3 days.

Thanks for Sharing, very strong board member and management team, not like those in Reach/Sona/Cliq, but more interestingly is about North Sabah which is coming soon by latest 31/3/18 as announced. Another feel good article here: http://money.cnn.com/2018/02/06/investing/markets-selloff-reasons-not-to-panic/index.html

@ Windy1974 This roughneck memang have all the timelines correct. Wonder whether he works in Hibiscus or SSPC? That's called insider trading and i bound to report to SC

Hahaha.. I think you should wait until those news out to see if the date is correct to sue him!

As long as the oil price remain above $60, Hibiscus will be fine. Now still too early to say much. DJ tonight could drop another 1000 points, or could swing back to +500 Points, and Hibiscus will surely swing again between 0.75-0.95, but then life goes on.. CNY still have 8 more sessions to decide if we all have angpow or makan maggie with telur rebus! LOL

here is the post by Roughneck, we are expect 4-5 news coming... so I am hopeful and waiting like an idiot.. hoping the durian jatuh.. LOL

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

Feb 4, 2018 02:10 PM | Report Abuse

Drop will be perfect timing to collect top up more for next few big news coming.

02-Feb: Bursa approved the Free Warrant application
15-Feb: to issue circular on the Free Warrant entitlement and exercise price
25-Feb: to announce Q2-18 result, should be good with oil p ice 65 vs 50 pr vious quarter
15-Mar: issue and listing of 350Mil of Free warrant to shareholder
31-Mar: annouce official takeover NS field operations

The one time gain of RM75Mil from NS 2017 ops could be capture anytime between Feb-Apr.

Thanks for the pull back correction! Please sell sell sell your share...pleaseeeeeeesssssss... LOL

Buy from 0.18.. all the way 1.15, and.. buy all the way from 1.15 to 0.775.... I am not sure maybe I am just idiot and stupid.. let's see how much the 4 good news coming up in next 60 days. LOL

Correction is painful, but fundamental still intact, oil price will not fall below 50. Hibiscus will bouce back even stronger when the dust settled. Sapura look cheap now, but the company has been losing money, and still highly geared in USD, still long way to recover from their losses. At the same time, Hibiscus already postive and profitable as long as Oil above $30. Yes it could go lower from here until the correction is settled. I will continue to buy on dip.

They have not mentioned the date cut off, should annouce soon, market movement can be misleading and often no logical reason, but here, you can assumme people selling due to many reason, but also good reason who those long term investor to buy in, considering Free Warrant, QR result by 25/2, NS by 31/3, oil price still positive. It should be good. later the warrant willbe goreng up with the mother share moving up. If you want to invest the best counter for oil price, this is the one! I still think RM1.5 by June is possible.

the Free warrant is given 1 warrat for every 5 share holding, so 1000 share will get 200 Warrant. If you don't want to keep you can sell on the market.. it will be traded like share. angpow lai liao lah

assumming warrant value at 0.30, the mother share will adjust down with 5 to 1 Free Warrant > 5x1-0.3/5 = 0.94, that is the adjusted price as reflected by today price. No need to worry. Buy More!

Tomorrow Suma kasi dia naik Halim susah kasi share dia ke gang dia untuk goreng ke 0,20 soon, so jangan worry court case semua nnt akan settle.. kacang lah for TSHS itu semua kecil saja.. Tomorrow big rebound be confident.

THSH sold to the friendly party to prepare for massive goreng game soon.. any dip is good time to collect. BUY BUY!!

Doji star on the chat as last Friday, Monday could be interesting!

I see lot of Doggie Stars in action! sure meletup Suma tomorrow... the volume is small today, selling is almost done, and TSHS will press his super button rocket to the Dozi star!

Dragon and Dreamer already supported Suma since 2012, hardcore diehard faithful Supporter, sure TSHS will reward kaw2 later! LOL

RUN for your Life.... @Dream is correct lot of oil/gas under KZ ground, but no capability to suck it out.. better sucking KZ ladies .. LOL

Sumatec no doubt is the most happening stock for year 2010-2020, don't miss this opportunity to receive Angpow from TSHS! TP0.50 coming soon!

TP0.50, lai lai... TP0.50, TSHS mau kasi Angpow!

Hello Sufu, Speak properly Malay or English.. don't act like Sohai speak apek Malay, that is insult to our chinese Friend! I am true Malaysian, I hate to see how you insult our Chinese Friend talking poor Malay! one or two words is ok, whole sentence most of us don't even know what the heck you are talking about! Goreng Sumatec Mode is ON! TP50! LOL

Wow looks like good day today huh.. Congratulations to those keep holding on it. more to come and be greedy. If HY up from 4 to 17, you should at least expect Hibiscus up from 0.50 to 1.60. But I expect TP2-3. BE GREEDY!

Oil will hit $80 soon...
https://oilprice.com/Energy/Crude-Oil/Shale-Restraint-Could-Lift-Oil-To-80.html

While there are lot of optimism in US Shale Production, but surprises just around the corner.

http://uk.investing.com/analysis/the-problematic-truth-about-us-shale-oil-production-200199217

Yes sell your all your Hibiscus let us have it. EIA report will out in 15mins time if confirm same drawdown as API report last night Oil price will shot up again tomorrow.

On Alliance report yesterday page 15, TP should be RM1.66 when oil price is $65. Hold you share and top up when market dip down correction.

I posted this sometimes ago. Let's me share with you again:

HIBISCUS PETROLEUM BHD
Dec 27, 2017 07:24 PM | Report Abuse

Hibiscus Valuation (Rough Estimation)

Anasuria, Total 12,000bopd, net to Hibiscus 3,500bopd. Cost per bbl = $18.
Anasuria Revenue = 3500 x 360 x (60-18) x 4 = RM211,680,000

North Sabah, average 16,000bopd, PSC 25/75, 20% Loyalty, 80% Cost Recovery,
North Sabah Revenue = 16500 x 360 x (60-12) x 4 x0.80x 0.25 = RM228,000,000

Previously reported monthly Admin/Finance cost = 10,000,000, assuming 30% of this now capture as cost recovery under NS PSC, therefore Annual Cost= 120,000,000 x 0.70 = RM84,000,000

Therefore PBT = 211 + 228 – 84 = RM355,000,000, Tax 25% > PAT = 266,000,000

EPS = 266,000,000/1,500,000,000 = 17sen, PE 10 = 1.70 or PE 20 = 3.4
International Oil companies: XOM, CHV, COP, average command PE 20.

Public Investment also estimate 2018 EPS 18.7sen.
http://ir.chartnexus.com/hibiscuspetroleum/download/pdf/media/analyst-...

For me Fair value for Hibiscus should be 1.50 - 3.00.

DNEX in red while others all up kaw2 good sign. Will reverse and rockket soon. Top Up Now!

It is coming soon hold you share!

Oil stock after 2 years deah fish suddenly all come alive. .party kaw2.! Congratulations for those made the nice profit in this few days! Fundamental no longer valid, it is emotional goreng times! many of them still losing money last 6-8 quarters also join in. LOL

Big project in cooking, no need to worry! First they will acquire more share in Ping to increase their stake in Anasuria fields. This should announce before CNY!

Dnex is buying another oilfield soon, they don't want to lag behind Hibiscus, so just a matter of time they will fly even higher. anything below 0.70 is SUPER DUPER CHEAP! I have said long ago, sell everything you have to park in Hibiscus and Dnex, and stop worrying!

Top Up Hibiscus? Yes surely.
Sumatec? Ops.. haha.. if you have the ball to swim with the sharks and get swallowed alive!
Any assets in KZ you have to watch with care! Reach Energy even today still no oil produced.
Sumatec already 5 years no oil produced, but never ending bullshit stories!

ok, hope will come down to 0.53 so I can top up kaw2. If break 0,57 also wack kaw2.. haha..

From Sept-17, 0.45, 0.50. 0.60. 0.70. 0.80. now we are soon done with 0.90 and heading into RM1 zone, for those still wondering around, wait no more, we are heading to RM1.5-2.0 for 2018, that is the minumum expectation! Jump in fast. Do not regret when we are already 1.5 later. LOL

Today is oil stocks day with emotional running high, every stock flying due to the sentiment, while most of them still in trouble, especially Sapura, Alam, Barakah, Perisai etc, when the dust finally settled the money will moving into those fundamental strong stocks like Hibiscus and Dnex. No need to worry, this is good time to top up before the next gap up again. Happy Weekend!

Today is oil stocks day with emotional running high, every stock flying due to the sentiment, while most of them still in trouble, especially Sapura, Alam, Barakah, Perisai etc, when the dust finally settled the money will moving into those fundamental strong stocks like Hibiscus and Dnex. No need to worry, this is good time to top up before the next gap up again. Happy Weekend!

There are so many good counters these day with oil price going up, especially those related to oil industry, so far only Hibiscus, Dnex and Reach has direct interest in oil production, while the rest are services providers, Reach still wondeirng how to produce oil. So seriously only Dnex & Hibiscus are the best bet. The rest still lossing money quarter per quarter, Bumi/Yinson with long term FPSO leasing also looking stabil. So, I would say focus on Dnex and Hibiscus, dont waste you bullets around in the bush!

Buy buy...before rocket relaunch!

Oil will shot higher when US put back sanction this month. Top up more on any dip.

Next Resistance 1.25 after 0.95!
https://www.thestar.com.my/business/business-news/2018/01/05/supportline/