latok tipu lah, sudah beli byk now sitting at mamak tang enjoy the uptrend and smiling, cilaka punya orang

waluweh Uncle bought 1.24 that day, drop to1.19, jual rugi semua. .now kene masuk balik 1.30 cilake punya Latok ha ha ha..

Haiya uncle got burn already hohh... maybe buy some more now? still cheap?

haiya... uncle kene again cilaka punya ha ha

wow.. Uncle buy 1.24, it hit 1.25 yeahhh... hope tomorrow 1.26

Uncle just bought 500,000 at 1.24 just now. Hope it is good decision.

Uncle berry happy already if TP1.5, maybe next year when oil price $100??

Uncle friends say another big news coming ohh... better buy this week! Haiya..aa..

can still go in now sifu2?

haiya kalu betul 2.5, now baru 1.1, itu 100% upside kan? esok uncle kasi sapu minyak wangi kaw2

uncle semalam masuk sudah beli 1.09 lah haiyo kene lagi ancua ancua?

many frens said Hibiscus is 1-2 days show only, next will drop 15% in one day... how lah?

why today all the sifu so free one all come back here.. long times

haiyo uncle balu ada masa masuk sedah rocket kaw2 kah? boleh masuk?

haiya.. boleh beli atau jual saja ini Bunga Raya? byk pening lah kaki kopitiam saya sini semua

Today also boring day, hope itu telaga baru can flow oil soon.. news belum keluaq kah?

you all come lah here I belanja Kopi Super Jantan.. granti kasi bunya raya buka luas2.. haha

where got go down I wait all day in 0.95 haiya.. kopi again lah

When is the next big news ahh? So long to wait one

haiyo.. minum kopi dulu lah.. today is is boring day

ok let me call my kopitiam gang to push up a bit lah... so boring one

Sure or not Uncle want to buy a bit lah tomolo 0.95, hope itu Operator push down again ya.

Don't listen to Untie they all gossip too much..my friend in kopitiam now ready to sell their land to go in all out, wait for next monday minyak P2ST flowing sure cun.

EPS RM0.06 is only for the quarter so you need to x4 to get average EPS for whole year. That is RM0.24 EPS, use PE10 the TP is RM2.40. tomorrow should limit up, so don't sell too fast!

Referring to my post earlier below :

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

KingMusang Aug 20, 2018 11:24 AM |

Result for sure will be great.. the question is how great is really great, everyone know this is the first QR combined of AS and NS, and this will set the scence for the future quarter earning, which will also change the whole prospective to the investor. If they can produce RM50Mil, that is RM200Mil per year, PE10 = 1.27, if they made RM75MIl this QR, the TP PE10 = 1.90.
I am expecting QR PAT between 50-100Mil, but if PE20, TP will be R2.40 - 3.80, at RM1 now is super bargain!
------------------
The result hit right on the high end, that is average RM360Mil a year or 0.22 EPS, using lowest PE10, the TP should be RM2.20. Well Done.

Not a buy call for SAP, just to share 0.40 is the adjusted price for the RI still too early it will take 2-3 months for approval. For now I suggest focus on Hibiscus next 2-6 weeks and come back here. Just my personal opinion. Yes I have both in my portfolio.

That is why Hibiscus will be the best bet now producing 20,000bopd from North Sabah and Anasuria North Sea, the only oil producing Malaysian other than Petronas. Reach is dead with KZ scam asset just like Sumatec.

The one that killed them are 16x Tender Drilling rigs they bought from Seadrill few years ago, those are expensive assets no job for last 2 years, remember Perisai? Beside Kencana also not much fabrication job like other MMHE/THHE all bleeding to death. Only making money is E&P bought from Newfields. So E&P the only cash cow feeding the debt repayment. But Valestro is coming back so hopefully they too.

But for now you might want to make some money in Hibiscus first before come back here as it is still proposal stage still few months to decide AGM etc.
Next week is Hibiscus show time. The only Malaysia company producing oil other than Petronas!

The price immediately adjusted to (5x0.30 + 3x0.59)/8 = 0.40 Any price below 0.40 is bargain beside you get free warrant, and Listing of E&P soon. Market is picking up right issue is way to reduce debt and interest payment.

Sapura price is not a complete disaster as it is adjusted to 0.40 post right price with Right and Warrant. When you take (5x0.3 + 3 x 0.59)/8. Normally adjustment during Ex. The listing of E&P division will be the upside. Hibiscus is definitely the attention as oil market tightening.

Next week should be 1.20 KEEP your shares!!

Public Bank is Dialog, Hibiscus is Maybank! LOL

why sell 1.04 or 1.05, it shoud be 1.4 or 1.5, just hanging there and be patient.. once the QR out give another 1-2 weeks for the Instituional investor to come in. so don't rush!

Next week (Can it be today/tomorrow?) QR out should give the Investor some reason to jump in, Hopefully.

The Star article said when price shot above 1.02 and MACD above is a Buy Sign. Not a Sell sign. So get ready to jump in! Buy on up trend NOT time to sell. that is TA approach. The ikan bilis approach is sell when up.. haha

Buy now when it is consolidating before next shot up!

Result for sure will be great.. the question is how great is really great, everyone know this is the first QR combined of AS and NS, and this will set the scence for the future quarter earning, which will also change the whole prospective to the investor. If they can produce RM50Mil, that is RM200Mil per year, PE10 = 1.27, if they made RM75MIl this QR, the TP PE10 = 1.90.
I am expecting QR PAT between 50-100Mil, but if PE20, TP will be R2.40 - 3.80, at RM1 now is super bargain!

Surprisingly Hibiscus share is not mentioned much in the paper or among the IB Analyst, even thought this is the Only ONE counter that is producing oil and direct benefit from the oil price going from $30 to $70, so that is very strange, no body else made money like Hibiscus except Petronas.So it is a time bomb in the making! 1.50 should be minumum.

Last year Sept event looks like is repeating again, it is time to buy not sell.. hold you share buyer more than seller will go to 1.20 soon.

Same presentation just keep cycling every month nothing new except additional info on Anasuria new well has commenced in June so meaning the well should be completed by now?

TA chart given a positive build up, MACD cross above zero, ADX also picking up with +DI above the -DI, just a matter of time if no surprises from global market in few weeks. Hold you share!

Hibiscus consolidating for next wave buy and keep for 4-8 weeks should be great!

looking at the forum here suddenly so active already good indication.. LOL

Ok Noted JayC will let the management know we have warm up the engine for them LOL

Expecting Full Year PAT = 200Mil, or RM50Mil/Quarter, If PE15, share price should be RM2.00.

Now Hibiscus can park all the cost including the HQ allocation cost into NS, which in the past is HQ Admin cost, that will reduce Hibiscus Parent company cost indirectly, hence improve the PAT. when they declare the cost per bbl as $18/Bbl that is already taken into account of the Cost Recovery, Opex, Capex, only the accountant can understand the details, for us, what is important is Oil Price - Lifting Cost/BBl, x totol bbl net to operator to indicate the Revenue.

https://oilprice.com/Energy/Crude-Oil/US-Sanctions-Could-Add-50-To-Oil-Prices.html

https://oilprice.com/Energy/Energy-General/The-Bullish-Truth-Of-OPECs-Agreement.html

the correct link should be:

https://eresearchsystem.bursamalaysia.com/eResearch/webdownload.pub?id=20938