Posted by Tee Tom > 2018-06-19 13:16 | Report Abuse

Icon, hibicus with the expected higher yield bbl and selling price (Sabah enjoy a little premium price than brent oil price due to good quality oil; and better brent oil price agaist last qtr usd 65 avg), both this strong elements expected to boost earning. Just little unknown thing is how management to manipulate the accounting rules.

Posted by signalmw > 2018-06-19 13:24 | Report Abuse

（吉隆坡18日讯）贸易战烧到大马！中国商务部宣布，将对大马、沙地阿拉伯、泰国和美国的乙醇胺（Ethanolamine）产品祭出暂时性反倾销惩罚。

同时，中国商务部指出，初步认定日本和美国输华的盐酸（Hydrochloric acid）产品出现倾销行为，已经损害中国盐酸领域利益，因此将对两国的盐酸产品祭出暂时性反倾销措施。

Posted by paperplane > 2018-06-19 13:31 | Report Abuse

Nobody owes you a living.

===========
I love this word!!

Posted by ozzie75 > 2018-06-19 13:41 | Report Abuse

Grow up and behave like an adult.

I love this. :)

Thanks for the write-up.

Posted by Kyou > 2018-06-19 16:18 | Report Abuse

this counter is Icon sifu's second half-year sailang stock? @@

Posted by qqq3 > 2018-06-19 16:32 | Report Abuse

Hibiscus most likely can make some money if they don't have to amortise their $ 1 billion intangible assets.......


in the post 1 MDB world......these are dinosaurs from the 1 mdb era.


its all up to their accountants now......

Posted by OrlandoOIL > 2018-06-19 16:40 | Report Abuse

Tis intangible assets is actually cost of oil plant n equipment transfer to d states in exchange for d rights to extract oil Can b recovered as part of cost recovery under cost recovery

Posted by OrlandoOIL > 2018-06-19 16:48 | Report Abuse

Ordinary course of biz expenses not 1mdb type

Posted by OrlandoOIL > 2018-06-19 17:11 | Report Abuse

EPS concensus abt 0.20 PE 10x 2.00 at least mid term

Posted by OrlandoOIL > 2018-06-19 17:17 | Report Abuse

All oil assets left behind by oil majors running smoothly now why can't deliver?

Posted by newbie8080 > 2018-06-19 17:17 | Report Abuse

@ OrlandoOIL

The TP are only applicable if crude oil remains above USD60 in the next half year.

Else the IB and analyst will always do re-rating, downgrade.
I personally don't like them as they don't have a "backbone".
They can't give a TP that is for 10 years without changing any variables in between that period.

Posted by OrlandoOIL > 2018-06-19 17:18 | Report Abuse

Management gaining exposure n getting better more likely over delivery

Posted by paperplane > 2018-06-19 17:26 | Report Abuse

Hibiscus.....hmmmmm, icon also buying, interesting

Posted by OrlandoOIL > 2018-06-19 17:34 | Report Abuse

Knn no nid worry abt oil price falling la cos it wil not fall no surplus mah

Saudi is back to being d one calling d shot d kingpin d price maker now all oil excess gone

Putin stil remember one of d reasons oil crash was to mess up his country finances now he ask Trump to fly kite

Posted by Koon Bee > 2018-06-20 06:52 | Report Abuse

Sialang

Posted by supersaiyan3 > 2018-06-20 09:19 | Report Abuse

Well written!

Posted by cheated > 2018-06-20 11:21 | Report Abuse

Talk 3 talk 4 why no up?

Posted by teoct > 2018-06-20 16:19 | Report Abuse

ICON8888, your introduction, it should be FY2018 and not FY2019.

As shown by the 3 analysts, FY2019 would be very good as it will be a full year with both Anasuria and North Sabah productions together, rather, than now 9 months only Anasuria plus final 4th quarter 2018 that will include both Anasuria and North Sabah.

Posted by VenFx > 2018-06-20 23:30 | Report Abuse

Need to monitor Sarawak's lead over the O&G state administration right development that likely to have a spill over effect to Sabah.
Since , hibiscus's has its PSC in North Sabah.

Posted by PanjiAlam55 > 2018-06-21 00:02 | Report Abuse

question now when can this stock back to RM1.00 its already long time never up..loor

Posted by cheoky > 2018-06-21 00:07 | Report Abuse

what if this field is a depleted field. that why former owner sold

Posted by newbie8080 > 2018-06-21 17:13 | Report Abuse

This is just estimates provided when the crude oil trades above USD65 per barrel or when this number was computed. Let's see the numbers and comment again.

Posted by VenFx > 2018-06-22 15:45 | Report Abuse

砂拉越胜利 国油申请被驳回
2018年6月22日

（古晋22日讯）砂拉越胜利！联邦法院今日驳回国油公司的申请。

国油公司（Petronas）昨日入稟法院，要求联邦法院宣判，1974年石油发展法令適用於全马的石油工业，因此国油公司是全马石油资源的专属拥有者和监管者。

首席法官丹斯里威拉阿末昨日听取国油和砂政府双方意见后，今早驳回国油的申请,并喻令国油支付5万堂费给砂拉越.

在这宗官司中,国油公司挑战砂拉越政府之石油和天然气监管权。国油认为根据1974年石油发展法令,国油掌管国内石油资源,有权在国内开采石油，包括砂拉越地区。

但是砂拉越政府认为,在国会未通过1974年石油发展法令之前,砂拉越早在未合组马来西亚之前,便已有了1958年石油开采条例（OMO），此条例迄今仍然有效,并管制砂拉越陆上及海外油田，因而，国油也须遵守砂拉越法律。

砂政府是由律政司拿督达拉马末、砂法律顾问拿督斯里冯裕中等人为代表。

诗华日报 版权所有 Copyright © 2009 - 2018 See Hua Daily News

http://news.seehua.com/?p=372305

Posted by yktay1 > 2018-06-23 17:05 | Report Abuse

Hi Icon, do have a look at Samchem

Posted by bluelight > 2018-07-05 21:09 | Report Abuse

With higher oil price and weak ringgit
>300M profit not a dream

Posted by paperplane > 2018-07-27 16:31 | Report Abuse

icon, i think your view is correct here....I want to add more before next Quarter result come

Posted by VenFx > 2018-07-27 16:42 | Report Abuse

0.920 got support ...
paperplane sifu can add kaw kaw :)

Posted by paperplane > 2018-08-27 13:17 | Report Abuse

Haha. Venfx. Seems like you are right this time. 0.92 supported.

Posted by VenFx > 2018-08-27 13:53 | Report Abuse

Hahaha, Bunga Merah Panjang... very good .

Posted by paperplane > 2018-08-27 18:39 | Report Abuse

Huat huat all the wau

Posted by Jon Choivo > 2018-08-29 18:23 | Report Abuse

Nice.

Posted by VenFx > 2018-08-29 18:35 | Report Abuse

爽发 clap clap clap ;)

Posted by paperplane > 2018-09-01 19:20 | Report Abuse

Clap clap

Posted by Alex™ > 2018-09-01 19:33 | Report Abuse

If only I ikat my hand on the first day of 2018

Posted by abang_misai > 2018-09-01 19:59 | Report Abuse

Apa khabar Hibiscus?