This sorchai.. after reading about 3 sentences of this blog, i decided to skip through it the whole thing.. if really hibiscus is at a lost, isnt it drb also at a lost? what makes them different then? u stressed about drb's future earning prospect, why dont u try stressing for hibiscus's too? you can also say that oil price high can lead to this lead to that, blah blah blah..blow water blow cow you most pro lah it is obvious this blog is damn prejudice. hibiscus you compare with balance sheet and results, drb you compare with future prospects. two different methods to assess a company? joking or what?
Calvin, what about MUI and Mulpha, which nosedived since your recomendations, could be cheaper still ?????? So why buy now and what about those entered when u started recommending?
what do you expect the outcome of this article when the writer's head already full of drb, drb and drb ... waste time... dont read it. complete waste of time
Calvin ought to be sued for libel. The figures are reported in the quarterly report and is for all to see and interpret. A con will have it hidden. Note 26 - Deferred tax liabilities recognised upon completion of a business combination are in relation to temporary differences in the tax base of intangible assets (i.e. rights and concession) acquired and their accounting base. This balance is non-cash and will reverse in line with the depletion of the said intangible assets. The reversal of the deferred tax liabilities will result in a tax credit being recorded in profit or loss. Deferred tax liabilities relating to fair value of the identifiable assets and liabilities of the Anasuria Cluster recognised as at 30 June 2016 were measured at the tax rate expected to apply to the period when such liabilities are settled, based on the tax rate (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The Group has duly adopted the applicable rate of the Supplementary Charge in the UK as at 30 June 2016 to compute deferred tax liabilities for the financial year ended 30 June 2016
Not agree DRB is a best stocks but a coming back stock. I believe Hibiscuis do have it's own risk. The unrealistic profits as deferred taxation is look so good on paper profits but also has its disadvantages.
Calvin, you have missed the most important part of Hibiscs's Anasuria oil field crude oil production with 3500 barrels per day with cost of less than USD19.00. Please work out the profit per day based on oil price at USD50 per barrel, it is RM500K per day or RM40mil per quarter..
360Capitalist Calvin, you have missed the most important part of Hibiscs's Anasuria oil field crude oil production with 3500 barrels per day with cost of less than USD19.00. Please work out the profit per day based on oil price at USD50 per barrel, it is RM500K per day or RM40mil per quarter.. 15/12/2016 17:45
360Capitalist,
Yes, I have noted that already.
But what is the actual profit divided by so much pp & share dilutions!
So far operating business is still negative overall. Will future projected profits justify price rise? Is not that factored into the price surge already?
As things are murky and not clear better wait for clarity in next two or three future quarter results then see and decide.
Chasing now in uncertainty might lead to regrets later.
Stock: [DRBHCOM]: DRB-HICOM BHD Nov 28, 2016 11:57 PM | Report Abuse
Michaelwong,
Go and SEE all the stocks in their respective forum when
Calvin issue Buy Calls
YES!
CALVIN HAS OVER 12,000 POSTS
PLEASE CHECK EVERY ONE OF THEM
Calvin recommended many stocks in 12,000 over posts
The bad ones are some 5 O&G Stocks, bj corp, mulpha, mui & kbunai
SEE how many are making monies:
Most of the times, I check his stock selections, most of them are lousy stocks in term of fundamental. In term of TA, they are down trending. I just keep quiet because I do not like to attack any writer in I3.
Calvin remembers OTB said Kulim was a downtrending stock when Calvin called for a buy on Kulim at Rm2.50
Kulim was taken private at Rm4.10 for a 60% profit
SEE all positive stocks OTB missed to see
I hope all are doing fine to escape sharks & syndicates. This was told me by Dr Neoh Soon Kean the Great Champion SIFU of all SIFU
He said that Syndicates controll Bursa trading. And these syndicates are also here in i3 Forum
They will use multiple entities (paid to post) to highlight a stock. They also go to Companies and get secret information ahead of others. For some they even encourage the issue of bonus issue, share split & warrant. They engage & bribe media to do misleading glowing write ups (These media people know nothing about Share Investment. They write what they are told as money passed under the table.)
And for Calvin they use fake id to attack Calvin.
They keep attacking Calvin with fake id all the time to create confusion.
A few of Calvin non performing stocks like Mp Corp, Bj Corp, Mulpha, kbunai and others are brought up over and over again while Calvin's great picks are slammed down
1) Super Enterprize made 200% 2) Pohuat made 200% (All furniture stocks bull run Calvin called to buy) 3) Silk made 200% 4) JAKS (Jaks jump, jump, JUMPED from 40 cts to Rm1.20 (UP A NICE 200%) 5) MyEG made 100% 6) AJIYA made 100% 7) Supermax made 100% 8) JERASIA made 100% 9) IPMUDA made more than 100% & LIMIT UP! 10) Pm CORP made 100% (3 Times in 3 years) 11) PRESTAR (Pre Star buy it before it turns into a Star) Made 70% 12) ASB (Up 50%) 13) KHEESAN Made 80% 14) PADINI made 90% 15) TAWIN (Big win) Up 80% 16) Kimlun - The Golden Dragon made 60% 17) THE STORE (Up 25%) 18) NTPM - (King of Tissue) Up 40% 19) WANGZNG - King of Fortress (Up 40%) 20) MAHSING - The Singing Horse (Up 25%) 21) MAYBULK - The rebound of Baltic Dry Index (Up 90%) 22) CEPATWAWASAN - Cepat cepat beli (Up 40%) 23) NYLEX - Up 20% 24) Southern Steel (Up 30%) 25) KULIM (Taken private) Up 60% 26) TMakmur (Land of Prosperity. Taken private) Up 37% 27) KPSCB (Kaboom Power Surging) Up 45% 28) MASTEEL (Master of Long Steel) Made 60% 29) THPLANT (Up 15%) 30) BPLANT (Up 12%) 31) JTIASA (Giant Treasure) (Up 40%) 32) MHC PLANT (Up 15%) 33) CPO FUTURE (Up 15%) 34) INSAS (Up 11%) 35) WASEONG (Up 20%) 36) MFCB (My Father Comes Back) Made 40% 37) Cyclical 11MP Election stocks KKB (Kaboom Kaboom Booming) Up 35% 38) Cyclical 11MP Election stocks CMSB (Up15%) 39) RceCapital (The Best of Banking: Legalised Ah Long) Made 60%
LATEST ANNOUNCEMENTS:
THE STORE GOING TO BE TAKEN PRIVATE FOR 50% PROFIT OR MORE THAN 18% FOR EACH YEAR OF 3 YEARS!!
AND PRESTAR WILL BE ANOTHER 100% JACKPOT SOON!!
SO 4 STOCKS MADE 200% (Super Enterprize, Jaks, Silk & Pohuat)
6 STOCKS MADE 100% (Ipmuda, Supermax, Ajiya, Jerasia, Pm Corp & My EG)
4 STOCKS TAKEN PRIVATE FROM 37% to 200% GAIN KULIM, TMAKMUR, THE STORE & SUPER ENTERPRIZE!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Op3rs
397 posts
Posted by Op3rs > 2016-12-14 01:42 | Report Abuse
This sorchai.. after reading about 3 sentences of this blog, i decided to skip through it the whole thing..
if really hibiscus is at a lost, isnt it drb also at a lost? what makes them different then?
u stressed about drb's future earning prospect, why dont u try stressing for hibiscus's too? you can also say that oil price high can lead to this lead to that, blah blah blah..blow water blow cow you most pro lah
it is obvious this blog is damn prejudice. hibiscus you compare with balance sheet and results, drb you compare with future prospects. two different methods to assess a company? joking or what?