must retrace abit oni go up ma. Now oni 3rd wave. 4th and 5th belum mali and once come.... veli keng and chi kek.....but of course can drown also la.......so jaga jaga ok.....hehe
Is there more crps? I think no more. I think they HV converted 90+%. The extension was those balance. Correct me if I'm wrg. Again,my feeling my feeling is many ppl bought at 95c to Rm1. So if now price goes down, sure they will run. Like Chinese saying, see ghost once u not scared dark? Again, I believed fundamentally it has changed better n oil price still high. I continue to keep buy no more top up because it is 25% of my portfolio already. APPROVAL FOR CPRS IS RM2B. 1ST TRANCHE WAS NOT TAKEN UP. THINK 2ND TRANCHE WAS 200M AT A CONVERTION PRICE OF 48 CENTS. WITH THE HUGE PREMIUM 90+% OF THIS 2ND TRANCE IS CONVERTED. STILL GOT 1.2B CPRS NOT ISSUED. THAT WHY THEY ASK FOR EXTENTION TO ISSUE THIS CPRS. REFER TO COMPANY ANNOUCEMENT AT BURSA
PLEASE WRITE OR EMAIL TO HIBISCUS CORPORATE OFFICE (NOT SHARE REGISTRAR) TO INDICATE INTEREST IN SUBSCIBING TO FUTURE TRANCHE OF CPRS. YOU NEED TO BE SOPHISCATED INVESTOR TO QUALIFY, IF NOT THEY ISSUE QUITELY AGAIN. SHAREHOLDERS GOT ROB IF CONVERTION PRICE IS SET TOO LOW AS WAS THE CASE WITH 2ND TRANCHE. NO OFFER WAS GIVEN TO SHAREHOLDERS
Boss a'dy says no CPRS for repsol unless there is new opportunity. Then it makes sense loh. Like u bought a 2nd hse. The rental can cover a'dy. Of course you wun need to tk more loan ma. But if suddenly got a fire sell. $1 million hse selling at $500K, u sure will need to take more loan to buy it. The CRPS is the same concept. The extension is just for them to standby bullet in case if hv good deal knocks on their door.
I am dont care US will allow oil price to rocket up and destroy US economic or not. I just know at this moment brent oil price already benefit to HIBISCUS lo......
Do you think winter care that high inflation will destroy US economy and be less cold? Or the other countries don't open borders 1st and let the oil price ease 1st? The answer is CLEAR NO loh. Like in the game of thrones, Winter is Coming. US also has also raised highest travel alert to Singapore but apa macam leh? Life goes on la.
The only ppl care now are the Greenpeace guys that asking EU to curb greenhouse gas by limiting investment in fossil fuel. There will be a submit by end of this month to discuss global warming and apparently they claim big countries are not doing enough to cut down on fossil fuel production. Unfortunately, Malaysia's name is not on the list as our O&G company not big enough. LOL.....
Great sharing from apple168. The take away from the news is if UK case go high, the PM says want to enforce the mask and cerfication program.....macam mySejahtera la. Life goes on as usual......
50:50 go up or down. Ting Tong lah. There may be profit taking soon. Oil market has no direction until Nov 04 Opec meeting. After that will know. If Opec pump more oil, price may go below $80/barrel . If Opec don't supply more oil into market, Oil price will go higher. Maybe cross $90. Christmas and new year holidays will bring more demand increase. I sell half so either way price goes, I am o.k. Now is not the time to go all in. Cheers!!
Wow. So quiet here. Oil drop $1, game over? To me as long as oil is above $80, it is good enough. Most important to me is what will be the IRR for the repsol asset. If not mistaken the CFO mentioned generally the IRR is 3 yrs. So with oil at $80 helps hibiscus to paid off within 1 & 1/2 yrs or less? I don't worry about the $1 price fluctuation. Just mk sure it is above 80 and below 90. That is the sweet spot.
Be patience... Hibiscus has a great team with high integrity. Give them time to grow the company while you sit back and wait to reap rewards on their hard work.
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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....
apple168
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Posted by apple168 > 2021-10-20 10:54 | Report Abuse
When the uncle and aunty in street know about the news, it is time to sell..