Ini macam ah? 1 person say might be rumour....2 person say it...then might be true wor....lol... See got early CNY ang pow o not. If not, continue to wait loh.....
LOL....looks like kakiminyak need to change name.....bcome kakikoyak?? But quite speechless with hibiscus performance......all the star a'dy align but the boat cannot move up......water a'dy calm, windy a'dy blowing, sail all in good condition.......aiyo yo...apa sudah jadi
Existing Hibiscus shareholders feel frustrated with the slow move because you are not reloading on Hibiscus shares. Just imagine if you are still accumulating Hibiscus shares, what would you do? Of course the lower the better right? If i were accumulating, i would keep quiet and queue big sell orders at few prices to create an impression that there are many sellers to flush out weak holders. Also, i won't want Hibiscus in top volume page cause many speculators buy whatever in top volume. Once you understand this and you see an uptrend stock price, albeit slow, it's good sign. The last round faced correction because every tom dick harry were here (70m shares a day) and ngam ngam oil price correction.
Existing Hibiscus shareholders feel frustrated with the slow move because you are not reloading on Hibiscus shares.
You are correct on this Windy1974 because our buying price is super low when the price deep in 2020 and now 2022 of course we want the nice fruit out of it.
The Houthi drone attack on the United Arab Emirates triggered a swift escalation in one of the most important oil-producing regions globally, adding a hefty geopolitical price premium to markets that are already on edge over a potential Russian invasion of Ukraine. With Omicron failing to significantly dent global crude demand and recent reports suggesting that it is less likely to damage lungs than previous variants, oil prices shot up in the first two trading sessions of this week.
UAE Attack Sends Regional Tensions Flying. A deadly missile attack on ADNOC’s storage area in the industrial Musaffah area close to the Abu Dhabi airport triggered a sudden deterioration in the Arabian Peninsula’s security climate, making further attacks likely.
Jeng! Jeng!! Jeng!!!.... 2 more hours to go. No sign of kissing the 0.90c mark. Dun even dare to think it going above it. I think the only thing that can save the day is the Repsol announcement and the amount of cash leftover from the Repsol deal.
Furthermore, Dnex which owns ping petroleum also rises more that Hibiscus. & they have breached 90c. This is truly an insult and a slap to the hibicus management face.....apa sudah jadi...
mayb i need to try too...lol.... Oil no more 88 a'dy.....hibiscus miss the chance already.....but then again, i still bullish on long term. As per my kindergarten mathematic calculation, as long Oil is around $80-$85, it is very good a'dy. Hibiscus investment RRI could be reduced by 50%....i guess guess oni la...
Actually the $10 drop in one day end of last year scared a lot of investors. Now when the price keeps going up, people still are hesitant to chase higher. So no support from retail investors. My guess is if the crude oil price can maintain for longer, investors will start to come in again. Then it will start to get hot, like really hot. Have to be patient.
When they try to scare you, you show them stone face. Only then they takut from you. Mean while we just survive on nasi lemak. See the whale can survive for how long. Mati lah the whale from hunger.
wait for hibiscus Q2 result loh.... go celebrate CNY 1st and the celebrate Chap hgoh meh.....eat full full....then end of feb, u see see Dr. kenneth got give u angpowe o not loh......
Mayb he is waiting to announce repsol completion during cny......give u ong ah! huat ah! heng ah!
On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that Repsol Exploración, S.A. (“Repsol”) has informed Hibiscus Petroleum that it has received the joint approval of Petroliam Nasional Berhad and Vietnam Oil and Gas Group dated 19 January 2022 for the change of control of Repsol’s rights, interests and obligations through its affiliates under the Block PM3 CAA production sharing contract (“PSC”) and unitisation agreement of the East Bunga Kekwa – Cai Nuoc field under Block 46 PSC to Peninsula Hibiscus Sdn Bhd (“Peninsula Hibiscus”).
Following receipt of the joint approval, Repsol and Peninsula Hibiscus have also confirmed the fulfilment of all conditions precedent under the sale and purchase agreement dated 1 June 2021 (as referred to in Section 2.1 of Appendix I of the Circular dated 13 December 2021 for the Proposed Acquisition) and that the parties will now proceed to completion of the transaction accordingly.
We refer to the announcements dated 2 June 2021, 4 June 2021, 9 June 2021, 23 June 2021, 2 July 2021, 14 July 2021, 12 November 2021, 8 December 2021, 10 December 2021, 13 December 2021 and 28 December 2021 in relation to the Proposed Acquisition.
On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that Repsol Exploración, S.A. (“Repsol”) has informed Hibiscus Petroleum that it has received the joint approval of Petroliam Nasional Berhad and Vietnam Oil and Gas Group dated 19 January 2022 for the change of control of Repsol’s rights, interests and obligations through its affiliates under the Block PM3 CAA production sharing contract (“PSC”) and unitisation agreement of the East Bunga Kekwa – Cai Nuoc field under Block 46 PSC to Peninsula Hibiscus Sdn Bhd (“Peninsula Hibiscus”).
Following receipt of the joint approval, Repsol and Peninsula Hibiscus have also confirmed the fulfilment of all conditions precedent under the sale and purchase agreement dated 1 June 2021 (as referred to in Section 2.1 of Appendix I of the Circular dated 13 December 2021 for the Proposed Acquisition) and that the parties will now proceed to completion of the transaction accordingly.
Hibiscus Petroleum will make an announcement once the Proposed Acquisition has been completed.
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Posted by zhangzuode > 2022-01-17 14:52 | Report Abuse
I also heard that Hibiscus has started taking over the operation of Repsol assets from O&G industry player.