i went into JCY blog just to make my call on your sanity Joe Tay

Now can we talk about MBSB , C4 C 8 up or down ?????

Joe Tay
Dont take things personally bah
You dont have to relive a nightmare over and over again
Just because someone call you a monkey
doesnt mean you have to search for your tail....


It all began...

Stock: [JCY]: JCY INTERNATIONAL BERHAD

Oct 11, 2017 10:06 PM | Report Abuse

Guys n girls we have a situation in hand with a certain blogger here.she has many clones split personality.... Dont call MCMC, administrator or your lawyer, CALL HOSPITAL MESRA n take the person away.....
24/02/2018 17:45

laugh me die Joe Tay . Where in your demented mind makes you think i ever bought JCY
huhuhuhu. I honestly dont know what JCY does

I bought Rev, 40 sen sold off at 60 sen called Patrick Grove a sissy and fraud
It is now 39 sen

I bought Inix at 10 sen sold off at 13 sen call the promoters fraudulent con men
Inix now 9 sen

I bought Ucrest after a freefall bottom at 26 sen, at 33 sen there was a massive debate among
bloggers abusing each other on buy or sell calls, i threatened the Ucrest MD Mr Eg with commercial crime police report if all his projected Russian contract, U crest obediently went back up past 50 sen

Best of all in late january 18, i called MBSB operators big cheats road block at RM 1.25 4 times, your clone boggers abused me, now MBSB still around RM 1.23, i moved on on other pastures

I am momentum investor buy sell quick and ruthless
I am the fastest draw cowboy ever
hahahahah

Orange is rational and open for business to talk investment
like regarding MBSB very frustrating stock to play always road block 1,2, 1,25 1,3
Just like Gamuda
Up 5 Sen drop back 5 sen

Unlike Gkent, Hengyuan, Top Glove fly fly fly baby


You wont find Joke Tay giving you this sane and rational staements
Ask her for a tip go on (laughs)
She exist to abuse people FATAL ATTRACTION

hyuk2

Rashid sya tak gadyh feel free to ask and discuss any tips Joe Tay yang gila hounding me
i am like michael douglas in FATAL ATTRACTION
hyuk hyuk hyuk

Cik Babe

tolong bagi ramalan dan pendapat (abaikan pertimbangan lain harga minyak sedunia, pasaran dunia dan lain lain abaikan)

When Hibiscus announced in early march 2018 nanti free warrant set price and ex date - Will mother share go up or down ? What about call warrants juga

When free warrant keluar nanti Mother share will go up or down what about call warrants ?

Joe Tay hyuk hyuk hyuk
Orange88 Introducing Joe Tay hyuk hyuk hyuk

Failed Stock Broker, Banker And Investor
I called her a Hospital Mesra case correctly waaayyyy back in Oct 2017 and she has never gotten over it

She is IQ zero no investment tips and always post /repeat the same psychotic things on the website

These points are exactly the same points that i correctly called her since oct 2017 below

She has no friends in the forum except 2 pyschotic people who are probably the same person (Joe Tay)

Have some fun attention joe tay and ask her for some investment tips (hyuk, hyuk)

Read below.............




Stock: [JCY]: JCY INTERNATIONAL BERHAD

Oct 11, 2017 10:06 PM | Report Abuse

Guys n girls we have a situation in hand with a certain blogger here.she has many clones split personality.... Dont call MCMC, administrator or your lawyer, CALL HOSPITAL MESRA n take the person away.....
24/02/2018 17:45

Introducing Joe Tay hyuk hyuk hyuk

Failed Stock Broker, Banker And Investor
I called her a Hospital Mesra case correctly waaayyyy back in Oct 2017 and she has never gotten over it

She is IQ zero no investment tips and always post /repeat the same psychotic things on the website

These points are exactly the same points that i correctly called her since oct 2017 below

She has no friends in the forum except 2 pyschotic people who are probably the same person (Joe Tay)

Have some fun attention joe tay and ask her for some investment tips (hyuk, hyuk)

Read below.............




Stock: [JCY]: JCY INTERNATIONAL BERHAD

Oct 11, 2017 10:06 PM | Report Abuse

Guys n girls we have a situation in hand with a certain blogger here.she has many clones split personality.... Dont call MCMC, administrator or your lawyer, CALL HOSPITAL MESRA n take the person away.....

i am under restraining court order from certain chinese chick
was interrogated by polis
cannot talk

Cavin tan please stay out

you brought me to holland with your MRCB RM 1.8 bargain talk cock

hhahahahah

Question

Can price reach RM 1.4 by June

Or OPERATORS PUSH DOWN 20 SEN TO CULL ALL TRADERS

COMMENTS , ANALYSIS PLEASE

Remember Keling must play his shares to maintain status of billionare

His RM 19 KL-KK and RM 39 KL-Indon and RM 199 KL-Nort Asia are charity cases
for beggars in asia hahahah

Airasia has 1 CW left and its expiring in april ! Go figger....

clap clap clap chaostrader speech speech

Now forecast price for AAX in 2018 please

cheers

attention hibiscus investors

north sabah oil acquisition from Shell in the bag

next gamechanger free warrants play. Facts below, Comments on implications and impact
please


Hibiscus announced plans to undertake a free warrant issue on the basis of 1 for every 5 existing ordinary shares held, essentially expanding its share base by 20% upon full exercise of the said warrants. The instruments will carry a 3-year tenure, and with the exercise price also having a fixed 6sen step-up on each of the anniversary dates from the date of the first issuance. While potentially dilutive, we are leaving our sum-of-parts derived RM1.06 valuation unchanged for now given the potential uplift from the conversion of 2C to 2P reserves for the North Sabah field, which we have not accounted for in our computations. Our Outperform call on Hibiscus is affirmed, underpinned by on-going contributions from its Anasuria Cluster in the North Sea (valued at 58sen per share), and the on-coming contributions from the North Sabah EOR field (currently valued at 48sen per share) which has recently taken a significant step toward conclusion.

The exercise will raise approximately RM298.6m over the 3-year tenure of the warrant, based on the assumed illustrative 94sen per share conversion price, also accounting for the 6sen annual step-up. Proceeds raised are expected to be utilized for expansion and capital expenditure purposes, while also repaying borrowings (in future, if any). Management has cited that the exercise is not primarily intended for the purpose of raising funds, though the additional funds are much welcomed, but more as a means of rewarding entitled shareholders for their continuous support of the Group. While we can appreciate the rationale of such a move, we are not particularly enthused about the near-term expansion in its share base without immediately known mitigating benefits, though we acknowledge (and commend) management’s value-accretive moves to-date and continue to believe all interests will be preserved. The exercise is expected to be completed by 1H 2018, barring any unforeseen circumstances
Potential enhancement to value. Assuming a 50% conversion of the North Sabah field’s 2C contingent resources into 2P reserves, we are estimating

Hibiscus prospects vvveeeerrryyyy bright

Besides Ansuria and North Sabah invested in Australian deepwaters
No end to its reserves


n FY17, Hibiscus’ net production came in at anaverage of c.3,500 boe/day (oil: c.3,200 bbl/day and gas:356 boe/day). It targets to increase its net oil production to3,500 bbl/day in FY18. Management is currently working on enhancement projects throughout 2018-2019 with a
budgeted capex of GBP40m; to be funded by internally
generated funds and proceeds from its recent private
placement. The estimated net oil production after
completion of the enhancement projects is at 5,000 bbl/day.
A 1% increase in total production for the Anasuria Cluster
will improve earnings by 1.4% in FY18.
Earnings accretion from North Sabah EOR PSC to double
earnings from FY19. We expect the acquisition completion
date to be at end-March 2018. As such, we assume North
Sabah EOR PSC to only start contribution in 4QFY18. We
expect PAT contributions from North Sabah EOR PSC to
grow at a 2-year CAGR of 68% from FY18-FY20. North
Sabah EOR PSC’s PAT contribution will grow from 27% in
FY18 to c.46% in FY19.

Upside from potential development in Australia. The grouphas a development licence in VIC/L31 field whereby a field development plan has been approved with the production
licence obtained. Any development work has been haltedsince November 2014. Nonetheless, given the recent rebound in oil price above the USD60/bbl mark, we do not
rule out that the development project at this field may be
restarted once the acquisition of the North Sabah EOR PSC
is completed and oil prices remain robust.

Initiate coverage: BUY, TP RM1.48. We initiate coverage on
Hibiscus with a BUY recommendation and TP of RM1.48. Our
TP is based on DCF of the Anasuria Cluster and North Sabah
PSC. We do not ascribe any value to the Australian assets at
this juncture. We forecast a FD core EPS CAGR of 102% over
FY17-20F for Hibiscus, which is underpinned by its gr

Alliance Banks said Nort Sabah Oil not priced in yet, if priced in will be worth RM 1.48
Wow if like that Hibiscus CA, CB will reach 50 sen and 30 sen masing 2


BUY
(Initiating Coverage)
Last Traded Price ( 5 Jan 2018): RM0.95 (KLCI : 1,817.97)
Price Target 12-mth: RM1.48 (56% upside)
Shariah Compliant: Yes
Potential Catalyst: Increase in production volume due to acquisition
and/or enhancement works
Analyst
Inani Rozidin +60 326043905 inanirozidin@alliancedbs.com
Price Relative
Forecasts and Valuation
FY Jun (RMm) 2017A 2018F 2019F 2020F
Revenue 261 418 906 948
EBITDA 163 241 574 616
Pre-tax Profit 146 155 435 477
Net Profit 106 117 292 323
Net Pft (Pre Ex.) 29.4 117 292 323
EPS (sen) 7.51 7.05 15.4 17.0
EPS Pre Ex. (sen) 2.08 7.05 15.4 17.0
EPS Gth (%) nm (6) 119 10
EPS Gth Pre Ex (%) (115) 239 119 10
Diluted EPS (sen) 2.08 7.05 15.4 17.0
Net DPS (sen) 0.0 0.0 0.0 0.0
BV Per Share (sen) 52.5 71.3 77.6 94.6
PE (X) 12.7 13.5 6.2 5.6
PE Pre Ex. (X) 45.7 13.5 6.2 5.6
P/Cash Flow (X) 15.8 5.6 3.0 4.1
EV/EBITDA (X) 7.8 4.2 1.3 0.8
Net Div Yield (%) 0.0 0.0 0.0 0.0
P/Book Value (X) 1.8 1.3 1.2 1.0
Net Debt/Equity (X) CASH CASH CASH CASH
ROAE (%) 16.0 12.1 22.0 19.7
Consensus EPS (sen): 14.2 19.5 21.5
Other Broker Recs: B: 2 S: 0 H: 0

ICB Industry : Oil & Gas
ICB Sector: Oil & Gas Producers
Principal Business: Hibiscus Petroleum is Malaysia’s first listed
independent oil & gas exploration and production company. Its key
activities are focused on growing its portfolio in the UK, Malaysia
and Australia.
Source of all data on this page: Company, AllianceDBS, Bloomberg
Finance L.P.
At A Glance
Issued Capital (m shrs) 1,897
Mkt. Cap (RMm/US$m) 1,498 / 374
Major Shareholders (%)
Dr Kenneth Gerard Pereira 15.3%
Datuk Michael Tang Vee Mun 10.2%
Mohd Zulkefli bin Mohd Abdah 6.3%
Free Float (%) 68%
3m Avg. Daily Val (US$m) 9.3
AllianceDBS Research, Malaysia Equity 8 Jan 2018
Company Focus
Hibiscus Petroleum Berhad
Bloomberg: HIBI MK | Reuters: HIBI.KL
Refer to important disclosures at the end of this report
Becoming a major contender
 Best proxy to rising oil prices
 Earnings to double in FY19 from full-year inclusion of North
Sabah EOR PSC and enhancement works at Anasuria Cluster
 Further upside from more enhancement works and
resurrection of Australian operations
 Initiate with BUY call and TP of RM1.48
Initiate coverage on Hibiscus Petroleum (Hibiscus) with BUY call. Our
TP of RM1.48 is derived using the DCF method which only accounts
for its active upstream production assets namely the Anasuria Cluster
and North Sabah EOR PSC but excludes Hibiscus’ Australian assets.
The collapse of oil prices in 2014 was a blessing in disguise for
Hibiscus as it managed to undertake opportunistic acquisitions of the
Anasuria Cluster in North Sea and the North Sabah enhanced oil
recovery (EOR) production sharing contract (PSC). The completion of
the acquisition of the Anasuria Cluster in Mar 2016 led to a
turnaround from an FY16 core net loss of RM145m to an FY17 core
net profit of RM29m. The impending completion of the acquisition of
North Sabah EOR PSC, slated for end-1QCY18, will more than double
its earnings in FY19. Recent enhancement works on Anasuria Cluster
and an ongoing oil price rebound provide further icing on the cake
that underpins our FD core EPS CAGR forecast of 102% over FY17-
20F. As a pure oil & gas exploration and production player, Hibiscus is
the best Malaysian proxy to rising oil prices.
Where we differ. We have a higher target price than consensus as we
believe the street has not fully priced in the acquisition of North
Sabah EOR PSC and recent enhancement works on the Anasuria
Cluster. We believe the impending completion of Sabah EOR PSC will
act as near-term share price catalyst.
Further potential catalysts. Further enhancement projects for the
Anasuria Cluster will potentially raise production from 3,200 bbl/day
currently to 5,000 bbl/day in FY20. We also do not rule out similar
enhancement projects for North Sabah EOR PSC upon completion of
its acquisition or development of Hibiscus’ Australian oil fields when
oil prices surge further towards the USD70/bbl mark.
Key Risks to Our View:
Non-completion of North Sabah EOR PSC acquisition. The noncompletion
of the acquisition of North Sabah EOR PSC, which will be
the key earnings growth driver for FY19-FY20, will be detrimental to
Hibiscus. However, we view this risk as low and believe the
acquisition will be completed as planned in FY18.
.......................................................................................

my thoughts on impending free warrants

they must push up mother price to make it attractive to convert from WA to Mother shares and raise the targeted RM 250 ml proceeds. OPINIONS ANYONE ?

mr Bird my dear man

i ask you to comment of Hibiscus upcoming issuance of free cws its impact, implications an prospects not cut and paste like any regular tom dick hairy malaysian

show some expatriate finesse

comments analysis please

KELING CANNOT MAKE MONEY SELLING YOU CHEAP CHEAP FARE BALIK INDON AT ONLY RM 99 AFTER DEDUCT AIRPORT TAX (MAHB BIG FAT COWS) SO KELING HAS TO MAKE HIS MONEY GORENG SAHAM

PLEASE SUPPORT TAN SRI

RED ALERT

THE SAME KELING WHO PUSHED UP AIR ASIA FROM EM 3.3 TO RM 4.44 IN THE LAST 4 MONTHS WILL PUSH UP AAX BEYOND 60 SEN

AIRASIA HAS ONLY 1 CW LEFT, AND IT IS EXPIRING IN APRIL 18 ( AIRASIA C 30)

AAX C 11 IS BEST UNLIMITED POTENTIAL

THINK OF IT

IPO PRICE RM 1.3

I CHECKED OPERATING RESULTS 2013-15 : RM 300-700 ML LOSSES PER QUARTER

NOW TURNING PROFITS

LAST PROFITS 110 ML

AAX WILL BE THE TURNAROUND STORY OF BURSA YEAR 2018

TRADING RANGE 2018 37SEN- RM 1.0

Fgv c41 best

Paul, kennyku, kl lady Gila watch hibiscus CA, can, aax c11 and sapnrg CA closely

Masa main Ca cb will come

Will trade between 65-125 sen this year Cws will fly

Don't regret buy cw bro

CA, cb To fly Again

Mbsb cheap sale fire sale cumming

Mean cheap sell cumming oh

Next Tuesday t+4 force sell

Slow2 n low2 collect all the armani thrown out

Aiyo RM 3 cumming oh ! RM 1.5 next week! Hyuk2

Hyuk2 been accumulating since7-8 sen I told you so about Tony

Unholy foursome same identical personality -psychotic

Hyuk2 Joe Tay oouuucchhh

Four points about Joe Tay haha have POINT 1 - IQ ZERO - Socrates said the intelligence of a person is measured by what she wrote, Tay has no original points all borrowed from points writen by someone else. POINT 2 - SHE HAS NO SEzlF ESTEEM - Takes Kati Siri. Investment blog mean To share ideas but she is trapped in high prices therefore so jealous To abuse winning bloggers. POINT 3 - COPYCAT Unholy Foursome Creation - mysteriously calls a whole bunch of people clones whereas really one in four, four in one - psycho Mr A, I love warrenBuffet, De Musangcock same identical personnality. POINT 4 - NOBODY PAYS ANY ATTENTION TO Tay OR THE 4 -obvious who are the suicidal, senile Hospital Meara cases on the loose

Joetay Tay enjoy your 6 sen bounce.DOW may be testing new lows, US banks leading losses hyuk2

K

Hyuk Hyuk Hyuk

Orange88 Joke Tay thank you for your sweet concern for my investments you are more vigilant and faithful than my 10 year old mongrel bitch hyukhyuk hyuk Only i am sure my old dog has better eyesight than you hyuk hyuk hyuk
21/02/2018 15:04
X
Orange88 All there in my posts all there

At first i was prasing Patrick Grove the supposed new Jack Ma of Asia
Later on when he cannot deliver....... All there all there in Rev posts
I am Orange i am legend
hyuk hyuk hyuk

Orange88 I called Patrick grove a sissy, Uncle Koon a sissy and Inix big cheats all there in my posts

I am orange i am legend
21/02/2018 15:02

Hyuk, hyuk, hyuk

Orange88 Joke Tay thank you for your sweet concern for my investments you are more vigilant and faithful than my 10 year old mongrel bitch hyukhyuk hyuk Only i am sure my old dog has better eyesight than you hyuk hyuk hyuk
21/02/2018 15:04
X
Orange88 All there in my posts all there

At first i was prasing Patrick Grove the supposed new Jack Ma of Asia
Later on when he cannot deliver....... All there all there in Rev posts
I am Orange i am legend
hyuk hyuk hyuk

Orange88 I called Patrick grove a sissy, Uncle Koon a sissy and Inix big cheats all there in my posts

I am orange i am legend
21/02/2018 15:02

vcheekeong

how long you been playing stocks
alive in this universe.....

nothing strange tightly controlled lah
the owner can do whatever they like with Sime Darby

just like Kimmy Tan owner
hyuk,hyuk

Only up to you to decipher what the owner is going to to
kimmy tan.... i meant Sime

hyuk, hyuk

Winner forgot to mention Ms Kim got owner
just run him over, no problem

Yanhao

advise you to check the volume for C21 today compared to past few days. Big difference

C19 also hot

adios winner thanks for the tip,,,,,,,
wops sell everything,,,,,,,,

Winner, Kimmy Tan looking for you
She is over at MBSB
Ask for her photo
Hot siren !
Hope you can hit and run with her like with Sime

Winner 洪福齐天 sime not strong at all, everyday morning up 5 cts, close only end up 1 cts.. I sold my c19 liao..
21/02/2018 17:22

Brent Crude down 1.5% !

Hibiscus results out share price down 1.5 sen Overcooked

Forebearing warning ?

Result no good Brent Crude down 1.5% RRRRRRRUUUUUUUUNNNNNN

Kimmy Tan are you looking for new owner ?

cheers red eagle and uniewehuat