Welcome back flowerpower! Glad to have you back.

Hope to have more positive vibes and news in here and to see the counter turn green and move up.

Sorry - I meant Sklyte..

Slyte - you need to grow out of this emotions and stop being personal. This counter is not controlled by one single individual. Lets stay positive. We are all here to make money. Why have you got so emotionally entangled?

Come on and lets be positive and give comments. I agree with flyingbunga. If flowerpower presence here will make the counter go up, I welcome his presence here anytime. I will just ignore or filter his nonsense comments.

Morning guys. # happytrading - My feel is traders are switching to Sona or other actively traded counters as there is excitement and activity there. The volume is too low for any negative news to prevail.

Evening guys - Heard anything on the movement on the drill rig? Is it still at site or has it demob from site?

Thanks for the reply anyway thunderbird. Wishing you all the best. Happy Valentine's day!

Thank you @thunderbird for your valuable comments. If you say rigzone data is not reliable and based on your comment I assume you are very much in this industry, may I know where can I can reliable data then?

I do appreciate positive feedback rather than sarcasms.

Guys - I consulted a few of my friends who are very experience in the oil industry and they commented that the main reason for rig to could be at site this long is if the company drilling is confident off the results. No oil company will keep rig for extra days as it runs in several hundred thousands US$ a day.

Based on bursa announcement - Drilling started December 30, 2013. Today is February 14. So it is already 46 days. This is just for Drill # 2.

Based on the information I gathered from my friends on the duration of rig time - I feel good. I'll wait another week. Hopefully announcement will come out soon.

Morning guys - These 2 days we will know whether there was genuine interest in the buying spree. Volume is holding but could be just churning.

Lets all hope for the best. Happy Valentine's Day to all!!

@tuaong - Thanks for the information. Nonetheless - If testing takes several months - I wonder then why are they still keeping the rig at site till today? It is costing substantial sum of money. Something good must be brewing for them to confidently keep the rig at site.

The last time on drill # 1 - they did demob quickly.

Morning guys - any idea why the drill rig is still at site? It is showing status as drilling on rig zone.

@tuaong Thanks for sharing the information. Guess we just have to wait. Hope to hear some positive news soon on the results of the oil testing.

The good news is tomorrow is Valentine's Day - happy Valentines day to everyone.

Most welcome happytrading

@happytrading - no problem. glad to assist. please see below:

http://rexih.com/

http://www.hibiscuspetroleum.com/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all&sub_category=all&alphabetical=All&company=5199

@happytrading - Rex and Hibiscus website is a good start for information. Also - their annual report has loads of information. Only read the management summary will do. The rest is too much information. And of course, when I have time, I go through the old bursa announcement to track the facts and figures of the company announcements to see where they are now in terms of progress. Another tool for information is I browse the web and read about OMAN discoveries of Oil.

Hope this helps.

Not sure why the rush to switch now when have waited this long. REX holding nicely also. Something definitely brewing. Rex is above 60 cents. 62.5 now. Hibiscus 2.10. very little volume for both. little speculation.

This is a waiting game. I also hold Sona and I personally am a bit worried with the way it is being speculated right now. Anytime can go either way...

Guys My feel is good news on the way soon. 11 days into testing of oil and steady. All seller well absorbed. Volume shrunken. Signs are there already........

Guys - Heard anything? Calm before the storm? Any contacts within Hibiscus office?

When is their next AGM?

Another quiet and calm day. Agree with flyingbunga. Seed is planted and waiting for flower to bloom.

Today is day 11 since testing of oil and all is still quiet.

Guys - looks to me equal number of buyers and sellers appearing. I might be wrong but - This looks like a play on the counter by external party. Just be careful. Genuine buyers will see more buying interest and less sellers.

@ Effendy Tay - E&P stands for Exploration and Production.

Morning guys - lets see what happen next two days if the price holds as volume is issue here. Can it be sustained.

Morning Guys. @happytrading - agree with you. not a place to be vulgar. Anyway - lets see what happen today.

Guys - I am very surprise - Volume really very low today. Waiting game now. Even insiders also don't have news. This week should have some word of testing. By look of the volume and price, the stock is idle and on standby.

If pick-up, then shouldn't be an issue. Heavy volume yesterday - just be mindful on T+3 and T+4 day...just a friendly reminder.

All I know is they are doing well testing for Drill well No. 2 and this result will be out anytime soon.

I meant to say someone converted 4 million warrants to mother shares today. Sorry...

Wow! Someone converted another 4 million shares today. Must be a serious investor.

Please see:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1536909

Guys - Very calm day today. Anyone heard anything positive?

I am not good at reading short term play but this is only a wild guess. To me, it looks like holding the mother share and selling of the warrant. Again this is only my wild guess. Hope I am wrong.

Guys - Any news on the QA? Timing wise I mean.

REX is up 1 cent to 65 cents this morning...it is slowly inching up. Still no sign of any news on the testing results.

Morning guys - DOW breached 16,000 momentary yesterday and closed shy of it yesterday. The signs are there....hope this trickles to Bursa too...

@ catl - what is a Harami pattern ?

Lets hope the momentum continues tomorrow and they provide positive news on the QA.

@tuaong - you seems to have some knowledge about Oman operations - 22 companies working there. I never knew that. Amazing. Any lead on what is going on with the testing on the oil samples. They are already on day 9 today. I am told it takes within 2 weeks or sooner. It this true? If yes, we should know very soon.

Hope the momentum continues. Well done!!

Wish I got power to promote stronger. Hope the test result come out good. Have you heard anything NKN1?

It is too close to my buying price NKN1. Also SONA hasn't announce the QA yet. I am waiting for the QA announcement. Hibiscus I am waiting for the testing result.

I am also holding Sona and Hibiscus. Not sure what is the logic of putting one counter down against the other. I am hoping for both my counters to perform.

Guys - Something puzzles me here......

Any idea why do people que to sell at 2.09 and 2.10 when you have ready buyer at 2.15?

I seen this happening occasionally . Sometimes during closing when I got a chance or happen to watch the closing. This is strange. Anyone?

prc4wifewfe - you also here. What a coincidence. Any idea when the QA. This is the magical question. It is long overdue. I bought this share and am waiting anxiously for this important announcement.

It's ok pc4wifefe. Don't mean to fit into anyone else's shoes. Mine fits very well, thank you very much. I wasn't defending - just honestly thought he was in the wrong forum. That's all.

Again - anyone know the Management this is the best time to find out when QA coming out guys.

Now what I hold I will not sell but I will not buy any until I know when they announce QA. Anyone know when QA announcement. otherwise too much speculation. What goes up too fast might come down also too fast. That is my worry

Sklyte - This is Hibiscus forum - Not SONA - you are in the wrong forum

Agree with you @happytrading. Strong buying support seen. Believe impending positive news is driving this support.

happytrading - there are another type of forumers that just show up and make statements and one liner remarks like this one just by kaliawke without any justification and hard facts?

What are their motives? Especially when the price of the stock is moving up..........I wonder why people do that in the first place....

What do you mean kaliawke. Care to elaborate.. Where are you hearing this?