Beltland. You must buy fast. Otherwise, too late to buy cheap. If you minnus and add the figure exclude negative good will profit at 150M. So good profit.
Yeah, operating profit probably range from RM100m to RM150m . The negative goodwill gain have to offset the additional admin and other expenses due to the acquisition
According to Hibiscus Petroleum, a negative goodwill of RM317.3mil was recognised upon the January 2022 completion of its acquisition of the entire equity interest in Fortuna International Petroleum Corporation (FIPC)
It said the newly acquired assets in FIPC group have boosted the group’s net production to about 20,000 barrels of oil equivalent (boe) per day.
Consequently, the group expects to deliver approximately 4.6MMboe of oil, condensate and gas from its producing assets for FY22.
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....
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Posted by AlwaysLearn2Invest > 2022-05-25 11:10 | Report Abuse
by next Monday the Hibiscus-c20 should have been suspended as it matures on 30th May 2022