boogeyman

with that kind of TP can go down to 30 sen!

sapnrg 40 sen? :O

sapnrg 40 sen?

Bro, fund managers, they go for a long-term perspective & constantly track stocks they invest in, they are not shy to dump some stocks if the fundamentals change.

Keep that in mind when you come to make your decision.

Bro skyhawk, thanks for your valuable advice

Thanks for taking the time to meet with me here

I would like to thank each and every one of you for the understanding and cooperation you have shown, as well as the statements you have made.

Tessa - Je voudrais remercier chacun d'entre vous de la compréhension et de la coopération dont vous avez fait preuve, ainsi que des déclarations que vous avez faites.

The following are challenging but necessary questions:

*How much more money am I willing to lose? Or is there a better way?

*Is it REALLY true that in order to have the quality of life I desire that I must gamble a large percentage of my net worth in the stock market?

*What portion of my assets are guaranteed to not decrease in value, and more importantly, are guaranteed to provide an income that I can’t outlive?

as for the blog, don't worry I can delete and create a new one, hey this is mine, my place LOL

u r correct!

so many optimus i3 accounts those days, none of us knows who was behind that account.

IB whisper

sold asdion

one at a time. one at a time.

I need 20 sen up in hibiscus, ninja please help LOL

u r correct, ninja, we need good kakis to push the price up

The drama. The loyalty. The speculation about who stays and who goes. The Trump administration has it all. LOL

I bought this counter, but was shot down by a forummer who perhaps thought that I was once of those living in a foreign country who would always criticize raya. Well, I'm not.

ys, hopefully i can

de rien

JSYK

KLCI rebounds as global trade war fears ease

KUALA LUMPUR (March 6): The FBM KLCI climbed 5.75 points or 0.3%, mirroring Asian share gains today after US equities rose overnight. World shares rose as fears over a potential global trade war eased after US President Donald Trump faced growing pressure from political allies to pull back from the US' planned steel and aluminium import tax.

At Bursa Malaysia today, the KLCI closed at 1,848.37 points. The KLCI rebounded today after falling 13.45 points yesterday. Across Asia today, Japan’s Nikkei 225 rose 1.79%, South Korea’s Kospi gained 1.53% while Hong Kong’s Hang Seng increased 2.09%.

Reuters reported that Asian shares regained ground on Tuesday after Trump faced growing pressure from political allies to pull back from proposed steel and aluminium tariffs, easing investor worries about an imminent trade war. Sentiment was also supported by receding risk aversion in Europe with the euro gaining support from the creation of a coalition government in Germany and the impact of Italy's inconclusive election results limited to a mild sell-off in domestic bonds and stocks.

In Malaysia, JF Apex Securities Bhd senior analyst Lee Cherng Wee said: “The KLCI rebounded today in line with US markets but we expect the KLCI to see sideways movement in the near-term as the rally in US markets seems to be taking a breather. Besides that, there is not much catalyst for the KLCI currently,” said Lee.

Across Bursa Malaysia, top gainers included KLCI-linked Nestle (M) Bhd, Press Metal Aluminium Holdings Bhd and Maxis Bhd.
The most-active stock was HB Global Ltd with some 307 million shares traded. HB Global shares rose 2.5 sen to 27 sen. THEEDGE

ICYMI

Foreigners trim Asian stock holdings in Feb, biggest outflow since 2015

(March 6): Foreigners turned net sellers of Asian equities in February, with outflows over the month hitting their highest in more than two years, amid an increase in market volatility as well as a rise in US Treasury yields.

February data from seven Asian exchanges showed foreign outflows totalled about US$9 billion, the most since August 2015. That also compares to an inflow of US$7 billion in January.

Some analysts say Asia is likely to see a further exodus of foreign funds given continued high valuations and worries over US President Donald Trump's tariff plans.

Taiwan stocks led the region with outflows of over US$3 billion in February, while South Korea and Thailand witnessed outflows of US$2.6 billion and US$1.3 billion, respectively.

"February saw the revival of volatility with increased concerns over higher borrowing costs pressuring global equity markets," said Jingyi Pan, a Singapore-based market strategist at trading and investments provider IG.

The CBOE Volatility index, the most widely followed barometer of expected near-term volatility of the S&P 500 index, jumped to a 2½-year high in early February.

"Asian markets had not been spared, with jitters cutting across to the region, inviting outflows from the considerably riskier Asian assets," Pan added.

MSCI's broadest index of Asia-Pacific shares outside Japan fell about 5% in February, its biggest decline in over two years.

The exit of foreign funds from Asia was partly driven by attractive US Treasury yields that touched a 4-year high of 2.941% in February amid concerns US inflation would pick up.

Despite the recent correction, equities in India, China, Indonesia, Philippines were trading above their 10-year average price-to-earnings ratios at the end of last month, indicating more foreign selling could be on the cards, analysts said.

Asian equities are also likely to come under further pressure from Trump's tariff plans for imported steel and aluminium. South Korea is the No.3 steel supplier to the United States after Canada and Brazil and would be the hardest hit by the tariffs. Other Asian suppliers are Japan, Taiwan and India.

"The US tariff plan certainly kicked up the risk-off sentiment by a notch and the seemingly unfavourable developments could keep markets wary in the months ahead, capping inflows," said IG's Pan.

REUTERS via THEEDGE

wtg

I'm not yet ready to bail on this market, but it's surely time for caution.

Ça va?

Oil prices climb ahead of OPEC meeting with US shale firms

SEOUL: Oil prices rose on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut.

International benchmark Brent crude was up 19 cents, or 0.3%, at $64.56 a barrel by 0752 GMT.

U.S. West Texas Intermediate (WTI) crude rose 17 cents, or 0.28%, to $61.42 per barrel.

Oil ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other global oil players are set to gather in Houston as CERAWeek, the largest energy industry conference, begins on Monday.

image: https://content.aimatch.com/default.gif

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=all,Eve_Malay_Audience,malay,Eve_Prog_Lifestyle,Eve_Lazada,Eve_Entertainment,tsol,Fatin_GSC_Insight_ALL,Samsung_S7_OA,Eve_Malay_English

OPEC Secretary General Mohammad Barkindo and other OPEC officials are expected to hold a dinner on Monday with U.S. shale firms on the sidelines of the conference.

“OPEC and Non-OPEC alliance remain at record high compliance, but with Russia continually pressuring for an exit strategy, OPEC will look to offer an olive branch to U.S. shale,” said Stephen Innes, head of trading for the Asia-Pacific region at futures brokerage OANDA in Singapore.

“As such, we should interpret any positive developments from the meeting as support for underlying oil price sentiment.” Suhail Mohamed Al Mazrouel, the United Arab Emirates oil minister and OPEC’s current president, said on Sunday that the oil cartel has not discussed rolling over production cuts until next year.

Rising U.S. shale oil production has been a drag on the OPEC’s commitment to erode a prolonged global oil glut and prop up prices.

U.S. crude oil production has already risen past that of top exporter Saudi Arabia, to 10.28 million barrels per day (bpd).

Only Russia pumps slightly more, but the International Energy Agency (IEA) said last week it expects the United States to take Russia’s seat as the world’s biggest crude oil producer by 2019, at the latest.

The number of oil rigs drilling for new production in the United States rose to 800 for the first time since April 2015 in early March, pointing to more increases in output to come.

Speculators raised their bullish bets on U.S. crude futures and options in the week to Feb. 27 for the second consecutive week, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday.

Money managers also upped their bullish bets on Brent crude, InterContinental Exchange (ICE) data showed. - Reuters


Read more at https://www.thestar.com.my/business/business-news/2018/03/05/oil-prices-climb-ahead-of-opec-meeting-with-us-shale-firms/#WC5kLcxLSjSBSTYl.99

Oil demand growth to shift to petrochemicals away from motor fuels — IEA - Reuters

LONDON (March 5): Strong global demand for oil and gas will shift in the next five years towards petrochemicals and away from motor fuels gasoline and diesel, the International Energy Agency (IEA) said on Monday.

Demand for products ranging from fertilisers to plastics and beauty products would drive roughly a quarter of the expected oil demand growth to 2023, the IEA said in its five-year outlook.

This would bolster more anaemic growth in gasoline and diesel, also known as gasoil, as fuel efficiency and declining developed world consumption takes its toll, it said.

World oil demand is expected to rise by 6.9 million barrels per day (bpd) to 2023, or 1.2 million bpd per year, it said, with a quarter of this growth, or 1.7 million bpd, coming from demand for petrochemical feedstocks ethane and naphtha.

"Global economic growth is lifting more people into the middle class in developing countries and higher incomes mean sharply rising demand for consumer goods and services," the IEA said.

"A large group of chemicals derived from oil and natural gas are crucial to the manufacture of many products that satisfy this rising demand," it added.

Naphtha is made by oil refineries processing crude, but other petrochemical feedstocks — ethane or liquefied petroleum gas (LPG) — largely bypass the refining industry.

The boom in US shale oil boom has dramatically expanded the availability of ethane, and a string of new projects on the US Gulf Coast are underway to process it.

In total, the world is expected to add 1.4 million bpd in new petrochemical-producing steam crackers to 2023, the IEA said.

Demand for ethane would expand the fastest pace in the next five years, rising by 885,000 bpd, followed by naphtha with growth of 495,000 bpd and LPG with growth of 40,000 bpd, it said.

Jet fuel, supported by growing demand for air travel, would grow by a 1.2% to 2023, the IEA said.

But it said demand for gasoline and diesel would rise by 0.7% each, with expansion slowed by fuel efficiency standards that now cover two thirds of the world's top car markets.

More than 80% of global car sales are now in markets covered by efficiency standards, including China, India the United States and Europe. The IEA said this "will impact strongly on future oil demand."

Quoi?!

for you, enjoy

https://www.youtube.com/watch?v=aIbsrEyWddk

yup, fast money for current shareholders

the warrant gives u the right, not an obligation to purchase a Hibiscus's shares at that price and at that specific date.

Il n’y a pas de quoi

I’ll take anything says here with a grain of salt. Some people have a habit of exaggerating things.

hibiscus 2nd warrant, not 1st, the 1st issued by hibiscus during their SPAC days exercise price 0.50

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES HIBISCUS PETROLEUM BERHAD ("HIBISCUS PETROLEUM" OR "COMPANY") FREE WARRANTS ISSUE
HIBISCUS PETROLEUM BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description HIBISCUS PETROLEUM BERHAD ("HIBISCUS PETROLEUM" OR "COMPANY")

FREE WARRANTS ISSUE
We refer to the Company’s announcements dated 8 December 2017, 17 January 2018, 2 February 2018, 12 February 2018, 13 February 2018 and 1 March 2018 in relation to the Free Warrants Issue (“Announcements”). Unless otherwise defined, the abbreviations and definitions used in the Announcements shall apply herein.

On behalf of the Company, RHB Investment Bank wishes to announce that the Board had, on 2 March 2018, resolved to fix the exercise price of the Warrants 2018/2021 for Year 1 at RM1.00 each and that thereafter, the exercise price of the Warrants 2018/2021 is subject to a fixed annual step-up of RM0.06 per year on each of the anniversary dates from the date of the first issuance of the Warrants 2018/2021 (subject to any permitted adjustments, if any, in accordance with the terms of the Deed Poll).

In connection thereto, Hibiscus Petroleum had, on even date, executed the Deed Poll constituting the Warrants 2018/2021 to be issued pursuant to the Free Warrants Issue.

This announcement is dated 2 March 2018.

Ninja

i dance with tessa

https://www.youtube.com/watch?v=rHBxJCq99jA

LMAO funny.

baby raya still red

HISTORY AND BUSINESS

LBI Capital Bhd (LBI) was incorporated in Malaysia on 21st August 1978 under the Malaysian Companies Act, 1965 as a private limited company under the name of Len Brothers Industries Sdn Bhd. The Company then changed its name to Len Brothers Rubber Products Industries Sdn Bhd.

Len Brothers Rubber Products Industries Sdn Bhd (“LBR”) was listed on then Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities) in 1991, as one of the pioneer listed company in the second board of the Stock Exchange.

The principal activities of the Company at that time were manufacturing and marketing of rubber based products. LBR was the leading supplier and designated Original Equipment Manufacturer (“OEM”) of car rubber mats for several major motor vehicle assemblers such as Proton, Nissan, Toyota, Mazda, Ford, Daihatsu and Mercedes Benz. In addition, LBR was the only designated OEM supplier of car rubber mats to Nissan Motor of Japan and Ansell of Australia.

In 1996, LBR acquired Galaxy Waves Sdn Bhd and changed its name to Rumpun Hijau Capital Berhad. In 2003, Rumpun Hijau disposed Galaxy Waves to MBM Resources Berhad.

Then on 4th October 2004, LBI Capital got its name and ventured into property development. The principal activities of LBI Capital are now investment holding, the provision of management services and property investments whereas its subsidiaries and associated companies are principally engaged in property development.

The first development that we started was situated in Ara Damansara called Taipan 1. It comprised of 69 units of 3 storeys commercial shop offices with a GDV of RM78 million. It was sold off successfully and so LBI Capital continued on with Taipan 2, Putrawalk, Le Putra Avenue, Taman Pinggiran Permata, Puncak Lagenda, Desa Saujana, Puchong i-Hub. All our developments are sold out and that pushes us to strive for better excellence and profit for its stakeholders. Our property development strategy is niche developments in mature areas.

Our corporate philosophy is to achieve excellence in business that we venture into and creation of shareholders value. The management is dedicated and committed, constantly striving for excellence while conducting themselves with professionalism in every aspects of their job. This will ensure mutual and profitable growth for the Group and its stakeholders.

ara damansara taipan developer

this wa may go above 20 sen

wa goreng coming

LBICAP ex-date?

ghosts at my place! evil people, itchy hands, don't like my place, get lost! i hope u die and burn in hell

tessa was the admin

did u miss ur old place after u moved?

2 major drawbacks of the cash extraction strategy are loss of dividend/corporate exercise rights and time decay

Hibis CB not moving Zzzzz

Ghosts at my forum

I am well aware who are those few members who regularly find my posts “offensive” no matter what I post or comment.