Double oil price for u la oso is sell mah tomorrow

1,337,252,000 is big yeah big gong gong wan u

Post removed.Why?

Shankt

Get it from me don't trust urself at all

Knn contra n left one day monday kan ceong

Erks.. answers in d qtr report not minute movement of oil price

Erks left early now back n like kinda anxious posting none stop Contra??

Contradictory...

Take it from me is not

Good but hope d price wil drop

Long story short Hibiscus is good

u want to get technical?

m taliking abt tis one ler


That's why the company published the result of the crude oil reserves much earlier.

tis one u r wrong


newbie8080 @ Icon8888

I'm not sure why you felt this negative goodwill is BAD.
Negative goodwill is good sign that the company managed to get a good deal on asset that is greater than what the company paid for.
The difference between the 2 value is called negative goodwill.

That's why the company published the result of the crude oil reserves much earlier.

Do you agree?
30/08/2018 17:17

haha tat one tat from derclock teact etc oso came wit some estimates ler

u r 65 yo newbie?

u r wrong thr is nothing wrong wit me

negative goodwill may n wil increase d cost of production in future

That's why the company published the result of the crude oil reserves much earlier.


tis has nothing to do wit d negative goodwill

knn scare u all ppl don't understand negative goodwill so oso include term like bargain purchase but knn u all stil don't understand knn

i disagree on using PE cos not forever

bt reserve is thr execution is good

PBB is right to raise TP 1.70

right thing to do don't dig too deep jz take thing at d surface at face value? jz follow main stream?

now is not d time to ask wat is negative goodwill wat is intagible asset

now is d time to ask which call warrants r d better ones

reserve report is for s IB to see

reserve report will help in DCF valuation though

tat is why I said reserve report will not do anything to d nta

oil reserve never go into d balance sheet ok

intangible asset is d ppe for psc oil co

intangible asset is not the oil reserve ok

My post

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

 Aug 10, 2018 07:17 PM | Report Abuse 

Don't feel good 

Buy Hibiscus now is more risky thn buying Reach? 

Both nid to produce more oil 

High expectation against non existent expectation 

Need to give d sky to impress against jz don't die enough to impress

A lot is misled on negative goodwiil

It is not goodwill it is NEGATIVE goodwill

Knn sui ah

Ah Ken has put in 9 hrs of OT

Beautiful execution on very easy oil

Watch Perdana debts restructuring outcome closely

Could b heaven

Could b hell

Reach is going up great

94.7m is net profit?

Modest erks

Singapore DBS has 117m net profit for ye 2018

Singapore DBS say TP at 1.46 at oil price 60 

Some from Batam says TP higher 3.30 +1000% gain since day one

It is now or never my love won't wait

It is now or never my love won't wait

MY LOOOOVVVEE WON'T WAIT

37% upside

Earnings upcycle to start in 2QFY18. From the offshore activity levels that are currently taking place, we believe that the earnings upcycle for Dayang could start as early as 2QFY18.


Latest results say this is right on. Earnings upcycle start in 2QFY18.

Reiterate BUY with unchanged target price of RM1.06 per share

target price of RM1.06 per share


NVESTMENT HIGHLIGHTS

Dayang Enterprise clinched PM-MCM from Murphy Sarawak and Murphy Sabah
Campaign period for 2018-2023 with one year extension option
Contract is on call-out basis estimated to be between RM1-2b
Reiterate BUY with unchanged target price of RM1.06 per share
PAN-MCM. Dayang Enterprise announced that it has secured a Pan Malaysia Maintenance Construction and Modification (PM-MCM) contract from Murphy Sarawak Oil Co Ltd and Murphy Sabah Oil Co Ltd for the campaign period of 2018-2023. The contract period is effective from 17 July 2018 and shall expire on 16 July 2023 with an option to extend for a period of one year.

Current jobs at hand. Activity levels for the Maintenance, Construction and Modifications Contract (MCM) and Topside Maintenance Services works under the Pan Hook-up and Commissioning Contract (Pan HUC) has improved in 1QFY18 despite the typical cyclical monsoon months and will continue to improve into 3QFY18. The company's current orderbook, inclusive of this new win stands at approximately RM2.5-3b lasting through to 2023.

Tenderbook. The company has participated in approximately RM8b worth of projects, in particular the Pan MCM tenders. The company remains fairly confident of winning a portion given its track record and successful campaigns in similar projects.

Dayang’s forte. Dayang is no stranger to maintenance, construction and modification (MCM) works as it was the incumbent for the previous HUC contracts from 2013, and more recently the winner of the MCM from Petronas Carigali. Currently, Dayang on its own has: (i) 6 work vessels and; (ii) 2 supply boats with an average age of approximately 6.5 years old. All of which are fit for purpose, within the stringent specifications required by Petronas and its production sharing contractors.

Earnings upcycle to start in 2QFY18. From the offshore activity levels that are currently taking place, we believe that the earnings upcycle for Dayang could start as early as 2QFY18.

Source: MIDF Research - 30 Jul 2018
09/08/2018 09:12

Don't think d reserve report wil do anything to d NTA

Set ur view longer term is d msg

Hope not a u want good news or bad news first situation

A sedative pill to calm u down before a so so....

Hope tis reserve report is not a sweet before d sour

Wat profit do u want fr Sabah EOR PSC for qtr ended Jun ?

bright future

oil price not up price up must b good qr

George is betting big on oil follow him me

Don't feel good

Buy Hibiscus now is more risky thn buying Reach?

Both nid to produce more oil

High expectation against non existent expectation

Need to give d sky to impress against jz don't die enough to impress

After tis morning more certainty

Yes operators

TP 1.06

NVESTMENT HIGHLIGHTS

Dayang Enterprise clinched PM-MCM from Murphy Sarawak and Murphy Sabah
Campaign period for 2018-2023 with one year extension option
Contract is on call-out basis estimated to be between RM1-2b
Reiterate BUY with unchanged target price of RM1.06 per share
PAN-MCM. Dayang Enterprise announced that it has secured a Pan Malaysia Maintenance Construction and Modification (PM-MCM) contract from Murphy Sarawak Oil Co Ltd and Murphy Sabah Oil Co Ltd for the campaign period of 2018-2023. The contract period is effective from 17 July 2018 and shall expire on 16 July 2023 with an option to extend for a period of one year.

Current jobs at hand. Activity levels for the Maintenance, Construction and Modifications Contract (MCM) and Topside Maintenance Services works under the Pan Hook-up and Commissioning Contract (Pan HUC) has improved in 1QFY18 despite the typical cyclical monsoon months and will continue to improve into 3QFY18. The company's current orderbook, inclusive of this new win stands at approximately RM2.5-3b lasting through to 2023.

Tenderbook. The company has participated in approximately RM8b worth of projects, in particular the Pan MCM tenders. The company remains fairly confident of winning a portion given its track record and successful campaigns in similar projects.

Dayang’s forte. Dayang is no stranger to maintenance, construction and modification (MCM) works as it was the incumbent for the previous HUC contracts from 2013, and more recently the winner of the MCM from Petronas Carigali. Currently, Dayang on its own has: (i) 6 work vessels and; (ii) 2 supply boats with an average age of approximately 6.5 years old. All of which are fit for purpose, within the stringent specifications required by Petronas and its production sharing contractors.

Earnings upcycle to start in 2QFY18. From the offshore activity levels that are currently taking place, we believe that the earnings upcycle for Dayang could start as early as 2QFY18.

Source: MIDF Research - 30 Jul 2018