Hstha, thanks, got it

Apolloang,, do all a favor and release the block, make our day,,,

I am all in,,,

Trade at your own risk

Do not panic if share drop a bit,, after 10 am all the way up...

Today tp 0.810 or above, operator not done yet, trying to take 49.1% of outstanding shares ( yesterday get 30%), means another 300 milions of shares still needed to push the share to the required TP..if you want to buy better hurry and queu at 0.67 and if you want to sell, then sell above 0.75..

1.20 would be fair enough by now....

Hstha, So who was this crook? Pls share one name or two so we take cautions, time to ANZO to move up, they took our money promissing a good return, we are in big lost now...still do not want to give up, nor top up...

Tomorrow i am queing to buy at 0.06,, all the way,,,

It look like profite taking already happen today to moost of us,, so tbe today operators they still need to buy till they collect at least another 150 milion share,,,

Profite taking may not happen tomorrow as much as those who are still willing to grab some shares whike its at this level 0.65.. with TP RM 1.06, still atract the today investors to keep buying ito it, so in the early minutes may fall back a bit, however i expect tge share to open even higher by 1 or two cents,,,,,

Will open tomorrow at 0.05 anyway....

I will join too, 4. Betta68, will queu at 0.045 to buy..

If he does not want to lend the Capital to fully run West Seahorse,, all and all West Seahorse worth alot of money now then before and the value of this asset has been increased now,,, however no matter i explain, shark operators have the upper hand, so trade at your own risk, be the judge to your own action.

As Lau333 say, Hibiscus can sell West Seahorse now for a decent sum or can simply lease it completely,, worth of about 45 milion ringgit net profitvper Quarter,,,

King Musand you better stop scaring people to sell because you sold yours...

If Hibiscus was capable of re opening two wells and put it on stream again in Anasuria, then i think he is also capable of re vising the Sea lion field and connected to the West Seahorse field and get even higher production rate above 12000 bbl/day... Hibiscus should now focus on getting the required capital to manage all these projects,, this is the my only concern i have.. if he is able to finance it, then he have an excelent future..

In just two days after West Seahorse news, only 40 milion shares were changed hands and when the share lost 1/2 a cent all become panic and suddenlly the news is not good enough...stay tune, the news is still fresh and yet to be absorbed by big investors,,, there were you will see 100 of milions of share will shake hands,and wheather the share go up or down only then we can judge how good the news is,, tomorrow should be an itresting day..

Anzo may remain at 0.10 and may not move up untill hstha and VenFx become best friends...

Brent oil price brok 56 yesterday, and might do it again tonight, now trading at 55.65 USD/bbl.. intresting day will be next Monday, share may be suspended to give way for the materialise announcement, better hurry and buy firsthing in the morning,,,,

Some say something wrong,, haha, we did not fell into it, i kept buying all the time,,,,afternoon session should be booming,,, may close at 0.505 today.

New TP should be 1.65 rm.

Best news sofar

Brent oil price is now 54.23 USD, Hibiscus share should be at 0.470 ...

Oil is on the move upward, holding on obeve 54 usd, this is great opportunity to complete this quarter with higher oil price comparing to previous one..

The Saudi, Venzuela and UAE including Russia are willing to extend the oil production cut beyond March 2018, Oil price start to move up again, Hibiscus will open higher tomorrow,, best buy at 0.440... Sabah announcement will be sooner then we think,, this time the share trading will be suspended,,, so grab your chance.. support Hibiscus, hold or buy more ...

Haha, with low volume, anything can happen, high high or low low....

So this mean time to buy and collect together with this someone, lets beat him, don't sell, buy more even 1 lot may help....

Russia, Iran and Iraq are with the production cut extension, oil keep up now surpass 54 usd, Hibiscus should open higher tomorrow,, this is rumor,, haha,,,

Found at Hibiscus website, FAQ:

Question To Hibiscus: Could you give an update on the remaining steps for closing the acquisition of the EOR North Sabah PSC? What is the expected date of completion? It was reported that Shell is checking the pre-approval conditions from Petronas, do you have an update on this?


Hibiscus Answer: We are bound by strict Confidentiality Agreements with the vendors (Sabah Shell Petroleum Company Limited and Shell Sabah Selatan Sdn Bhd) and the Malaysian oil industry regulators (PETRONAS) relating to progress on the North Sabah acquisition. We will only be permitted to make a disclosure when there is a material development and such disclosure would need to be approved by Shell and PETRONAS. As a listed entity on the Main Market of Bursa Malaysia Securities Berhad, the Company is required to make material disclosures in accordance with the Main Market Listing Requirements. Following the announcements made on 12 and 26 October 2016, and 29 May 2017, we wish to advise that further announcements will be made in due course, as may be appropriate.

20 July 2017

If director buy, means all good news is comming,, hope my guess is correct. Lets enjoy tomorrow show..

The last 8 weeks, volume average at 6.5 milion, so i guess uptrend should start very soon...

Bursa malaysia operators are blocking the share down,,every time some buy at 0.05, some nasty operator is selling at 0.045,, for what reason?..

It is hardly to belive that Perisai share value is 0.045 ringgit, when the company just score a multy milion usd contract, 47 milion usd,,how is this possible, that today only 300000 shre traded with total value of 3000 usd !,, so unbelivable...

Yep, 31 July ..

I am not worry about the qr result, it should be good, perhaps slightly less revenue but definettly more net profit comparing to previous one..this is my guess,,,

Its bursa malaysia number one operator, they must have some political gain by keeping particular stocks at low level and other stock get priority.. that is my guess why hibiscus counter is constantly blocked at 0.405 to 0.410 for the last couple weeks. I see no pump her but dump. Maybe Hibiscus is selling his promissed private placement directly from the open market,,,, anyway, oil continue up, now 51.15 usd..world is becoming upside down now adays..

Oil extreemly bullish, now 50.94 usd... hibiscus tomorrow open 0.435 or above...

Tomorrow Hibiscus will open higher , no more one day up 3 day down,, now is time for 3 days up 1 day hold.. hold, 1.15 rm is comming..

Brent break 50.75 usd... as i predicted earlier.. if venzuella sanction go through, oil price will gain another 6 usd.. oil and gas counter will profite alot,, sure those operator who keep pressing the share down will face alot of counter winds,, time to move on with Hibiscus, otherwise you have no more justification for low share price..

Most of big investors are still waiting the right moment to enter the O&G counters localy and internationally,, i guess the time is right now..

The oil market still in good shape, no wounder why Petronas awarded a 47 milion usd contract to Perisai 10 days ago..

I am not selling any of my Hibiscus share. Still holding since november 2016. How about you all? Would you sell at 0.4? Or buy more?.

Hibiscus share is no longer correlated to oil price,, this quarter result shoul be good. My estimate, the total production during the quarter may be in the range of 280000 barrels and the sale price perhaps 47 usd. So i guess the revenue will be about 56 milion ringgit from Anasuria alone and the gross profite may be about 20 milion ringgit, 3 times higher than previous one. This is my estimate, trade at your own risk, or do your own estimate.... share price value should be 0.55 ringgit..

OPEC will not accept to be intimidated bu wall street tradders, OPEC may be able to control the production but wall street control the oil price. This is a war of principle. May i ask why shale producer continue pumping oil and adding rigs when its clear that they are one of the reason why oil price keep pushed down.. i think the oil price will be stabelized between 46 and 48 usd . Good enough for Hibiscus, as cost of production still at 15 usd. SAUDI OIL PRODUCTION COST IS LESS THAN 7 USD. they can afford a cheaper price and still make profite if they want, shale oil will be demolish forever,, yes i do not like shale oil producer they are number one environmental poluter...

Oil brent already cross 50.08 usd last day, nothing can stop it to climb again to this level especially if st Petersburg meeting was succesfull. Brent now 49.57 usd, if this continue at this level or up, i think the oil market is entering a bull phase,, means up and up..

So we all agree that Hibiscus is and remain a profitable company. No one know what would be The magnitude of profite for each quarter unless he is an insider,, no harm done by estimating the potantial profit. as long as Hibiscus does make profit. This is why i partucularly intrested in the oil price, since i know how much Hibiscus is capable to produce oil, easy to ESTIMATE.. last qr Hibiscus paid 10 milion ringgit as additional tax. this was one time off. This qr tax fee will probably not exceed 1 milion, so potantially Hibiscus may declare higher profite..hope this is the case... no harm to share each one of us his thinking,, after all this is a Hibiscus blog, what else wetalk about here,,

I see Perusai is succesfully clearing the road to move ahead, already secure a 47 milion usd contract from Petronas, and soon will submit his recovery plan to move out of PN17,,, oil is heading the right direction, which allow potantial client to enter in a long term contract with Perisai for Kamelia FPSO and hopefully for the two new drilling platfirms p102 and p103.. as far as my plan is now to keep buying as much as i can with this low share price, my tp for short term ( october 2017) 0.12 to 0.14.

W6999, fully support your last statment. Cksam i do not understand yor concern or your advise,,we all invest in our own risk, we are not asking you to cover our lost if this occure,,

The best result can be achieved when you enter before the news been announced, and to be the first and invest before too late,, once you wait the news, it is already late to enter.