Posted by wallstreetrookie > 2021-06-08 18:21 | Report Abuse

Sold immediately when I saw pang72's comment

Posted by sampooler > 2021-06-08 19:03 | Report Abuse

Haha... usually the post is positive & standby to earn kaw kaw... the market is reacting opposite.

Take care.

Posted by pang72 > 2021-06-08 19:08 | Report Abuse

Buy more when saw wallstreetrookie sell call!!

Posted by pang72 > 2021-06-08 19:11 | Report Abuse

Wait for more IB rerating hibiscus to higher target price

Posted by pang72 > 2021-06-08 19:12 | Report Abuse

Petronas No1 followed by hibiscus!!

Posted by pang72 > 2021-06-08 19:19 | Report Abuse

Hibiscus in exponential growth..

Huge growth..

Huge potential...

Posted by DickyMe > 2021-06-08 20:58 |

Post removed.Why?

Posted by Ecentee > 2021-06-08 21:06 | Report Abuse

Tomorrow got chance to take huge profit..brent oil goes up again..hehe

Posted by dreamingpanda > 2021-06-08 21:37 | Report Abuse

How Hibiscus going to pay for the RM850mil Repsol ? Private placement or issue right ?

Posted by williamtkb > 2021-06-08 21:52 | Report Abuse

kesian those got 78.5 while opening. Luckily pull handbreak after T-0 above 76cents. No need to cut loss. Maybe someone will buy to Rm1 sooner

Posted by pang72 > 2021-06-08 22:03 | Report Abuse

Just hold till pbb target 1.05 as 1st cut..

Posted by pang72 > 2021-06-08 22:03 | Report Abuse

It will hv tremendous growth

Posted by kakiminyak > 2021-06-08 22:38 | Report Abuse

DickyMe 60 sen you can try serba dinamik. Good chance to get.

Posted by pang72 > 2021-06-08 22:43 | Report Abuse

Serbak... 20c can get too!!!

Posted by pang72 > 2021-06-08 22:43 | Report Abuse

Hibiscus is 1.05...

Not 60c...

No more in the dream list...

All the way up liao...

Posted by keown83 > 2021-06-08 23:02 | Report Abuse

@dreamingpanda go to hibiscus website & read about their presentation on the acquisition..they have stated they will not go on loan nor private placement as they have sustainable cash & also other monetary instrument that can be utilise..simply said they will not begging investor to pump them money nor they will beg bank for loan

Posted by mitchu > 2021-06-08 23:06 | Report Abuse

Have to wait for qtr 4 results. I am sure results beat expectations

Posted by kakiminyak > 2021-06-08 23:18 | Report Abuse

Ha! Ha! Ha! Pang72 You could be right.

Posted by pang72 > 2021-06-08 23:18 | Report Abuse

Anybody know when repsol asset profits starting to reflect into hibiscus account?

Posted by KAQ4468 > 2021-06-08 23:20 | Report Abuse

Peewiittttt

Posted by KAQ4468 > 2021-06-08 23:20 | Report Abuse

Bunga raya bunga Malaysia
Siapa beli pasti kaya raya

Posted by KAQ4468 > 2021-06-08 23:21 | Report Abuse

I like!!

Posted by KAQ4468 > 2021-06-08 23:21 | Report Abuse

Terbang pergi bulan.. RM1. 60 kambing

Posted by pang72 > 2021-06-08 23:39 | Report Abuse

BRO4468,

Kita join force lagi...

Ini kali la

Posted by pang72 > 2021-06-08 23:40 | Report Abuse

kakiminyak Ha! Ha! Ha! Pang72 You could be right.
08/06/2021 11:18 PM

Your valuable input boost my confident on hibiscus..

Tq

Posted by KAQ4468 > 2021-06-08 23:41 | Report Abuse

My bro Pang

Posted by KAQ4468 > 2021-06-08 23:41 | Report Abuse

Yeahhhhhhhh

Posted by KAQ4468 > 2021-06-08 23:41 | Report Abuse

Ini ibu duit

Posted by pang72 > 2021-06-08 23:43 | Report Abuse

Thumb up..

Posted by brian3381 > 2021-06-08 23:46 | Report Abuse

Sell on news

Posted by Bullrunrun > 2021-06-09 00:13 | Report Abuse

Tomorrow contra players cannot escape..

Posted by KAQ4468 > 2021-06-09 00:15 | Report Abuse

Aiyooooo

Now days ada main contra mehhhh??

Posted by pang72 > 2021-06-09 00:26 | Report Abuse

Target 1.05... Main contra earns peanuts..

Cukup beli star buck coffee only!!!

WEI!! Belilah Mercedes!!!

Posted by wallstreetrookie > 2021-06-09 06:10 | Report Abuse

New dividend policy could be the next catalyst for oil stocks. - Barrons

Posted by Godofgambler > 2021-06-09 07:11 | Report Abuse

Oil super high....
Hibiscus is flying...
When people say sell at 0.40 it went up...
When people say sell at 0.50 it went up...
When people say sell at 0.60 it went up...
When people say sell at 0.70 it went up...

Posted by SBHeng > 2021-06-09 07:14 | Report Abuse

BUY

Posted by Jasonn > 2021-06-09 07:46 | Report Abuse

Profit from this deal will start effective from 1st Jan 2021 although the deal estimated to be closed on end 2021. The profit will then be used to part fund the deal. This is what we called accrued economic benefit.

Posted by Jasonn > 2021-06-09 07:49 | Report Abuse

Some stock master just simply give negative comment without much study and misleading people about the PP and the long completion date of the deal.

Posted by Jasonn > 2021-06-09 07:52 | Report Abuse

Hibiscus will need to pay 3% interest of the balance to repsol until they close the deal which target on end 2021.

Posted by Jasonn > 2021-06-09 07:56 | Report Abuse

The interest to be paid to repsol about less than rm20m if close on time on end 21. However, the profit gain on 2021 from repso assets on 2021 will be more than 300m after tax but without include non cash depletiation.

Posted by Jasonn > 2021-06-09 07:59 | Report Abuse

Estimated EBITA / year can be rm500m++ if oil price maintain usd60+. However, the asset depreciation will be high as the right of key asset is on 2027 and 2032.

Posted by Godofgambler > 2021-06-09 08:01 | Report Abuse

Jasonn no need wasting time explaining to those doom investors.
They will only jump in when Hibiscus high at 1.50

Posted by Ecentee > 2021-06-09 08:04 | Report Abuse

I plan to take profit on today..hopefully can spike high..

Posted by Jasonn > 2021-06-09 08:04 | Report Abuse

Base on the disclosed q1 results, these repsol asset net profit is about rm50m+. Oil price sold not disclosed but I think it shall be almost same as hibuscuss at around usd60.

Posted by Jasonn > 2021-06-09 08:06 | Report Abuse

Overall, the net profit from this deal will double hibuscuss net profit.

Posted by Jasonn > 2021-06-09 08:11 | Report Abuse

The PP done ald raise about rm200m and cause the unit share increase from 1500m to 1900m. 200m from this pp + estimated 300m from repsol asset on 2021 + internal generated fund + Bank borrowin/ 1 more pp tranch ald sufficient to close this deal.

Posted by vinc3362 > 2021-06-09 08:14 | Report Abuse

Jasonn Profit from this deal will start effective from 1st Jan 2021 although the deal estimated to be closed on end 2021. The profit will then be used to part fund the deal. This is what we called accrued economic benefit.

Wow..... didn't know about this. Was expecting the profits from Repsol to start accruing after full payment is made. Where can we view these info ? If correct, this Repsol deal is just too good to be true.

Thanks Jasonn.

Posted by Jasonn > 2021-06-09 08:14 | Report Abuse

So let's assume they raise 1 more tranche with size same as previous pp, the total shares be diluted about 53% from 1500m+ unit shares to 2300m unit shares. However, the net profit from this deal will be100%.

Posted by bullmarket1628 > 2021-06-09 08:17 |

Post removed.Why?

Posted by Jasonn > 2021-06-09 08:22 | Report Abuse

My asummption may be wrong but all these info can be found from the announcement report from hibuscuss if you read carefully. My hibiscus share is about 10%of my stock portfolio, I increase to 25% yesterday and think its enough for my risk mgmt and will keep for long term ias long as oil price remain > usd 55.