Alam requires big hand or good news to cross 1.60. Without these two, it cant break 1.60. Just be patience as results will be out soon.

Yes tough to break 1.90...bigboys pushing down....they said not time yet to go up.

Breakout from the resistance of 1.80. Next target will be 2.00. Once announce Saudi contract, those people will sell on news already.

Leader with shrinking balls is as good as no leader. Leader must be able to lead and fight rather then being bullied. Leader must be able to say no to the big brothers rather then being a followers of the big brothers.

Lol....print fake FD certificate....sound like pasar malam trick whereby printed rm50 bills using the house printer is being use. Come on man...have some logic in the argument.

20% is about 3.6sen...same as in 2012. 2013 already give out 1.6sen.

ladahitam...care to hint which broker offer 0.001% for day trade?

With 0.1% of brokerage fees 100000 units of CSL at 0.21 the brokerage,stamp,clearing fees only cost RM48.30. Of course if you buy 100 units you cant make money from there.

Something brewing here???? Very unusual.

Ooops...Kenanga raise tp to 2.07 yesterday. 1.90 is good already.

Waiting for the buying momentum to come in to break the 1.60/163 area. Six month already and many test and cannot break???? Cannot be....matter of time.

Looks like God of Prosperity arrive at Hibiscus door step a bit early. Normally it should arrive on CNY eve.

Waiting on location as workers celebrating the new year....lol!. Nevertheless Happy New Year to all. As you know Hibiscus is a hardy flower...so it will bloom again which I have said before.

EGM on the 10th Jan 2014...one big question will be when they going to appoint the new CEO? Currently the company runs without an CEO and why the delay in getting a new CEO?

Black swan???? Black swan that lay golden egg or golden swan for the spacs.

Basically someone is pushing it down to get it cheap in 2013. Then come 2014, they will show that their funds is performing.

U got to wait till Aug 2014 for the AGM. Last one just over.

cockroah/up_up_up....Mr Teh is a regular blogger..here his id and posting... http://klse.i3investor.com/servlets/cube/cpteh.jsp

But just that some people just dont like him...dont know why.

Albert got no good stock to buy as his job is to just whack (hentam) Mr. Teh only.
See all his post here...Mr Teh here and Mr Teh there... http://klse.i3investor.com/servlets/cube/post/albertlim.jsp

That is his job and nothing to do with trading or investing.

Yes...cut the dead and dry flower and wait for the new fresh bloom...lol!

Hmmm....33yrs old...10yrs experience and now head of drilling. With this first well, it does speaks on the experience.

Show of the year 2013 - Hibiscus Petroluem.
So the news is out....Buy on Rumors, Sell on News OR Sell on Rumors, Buy on News.

Getting interesting with all the comments here. The naysayer had their day and the hunters will also had their day.

They love Hibiscus....it is Malaysia's national flower!

Pardon them as they never read the court filing in S'pore on those 3 counters. Had they read it they will know the whole story of the show. In fact one business weekly in M'sia wrote abt that 3 counters and who are involve.

Wah...Warren B also comment here....lol!

After holiday more naysayer of this counter will have their say here in this forum...lol. what a show! Hibiscus going to be box office hit before 2013 closing.

Nevertheless take it easy....just the 1st well and a lot of boooo here..2nd well will be in progress another boooooo when no oil?...lol!

Anyway Merry Christmas and Happy New Year and have great day. Not end of the world yet when no oil on the 1st well.

Limit down??? Hmmm....dont know. But the sell down already factor in. Bargain hunters will come in for those who know company well. Basically the play will be like what happen to SGX listed RH Petrogas...they do close 3 drilling wells due to non-commercial oil and market hit till S$0.525 and now recover at S$0.61.

Oh yes....Hibiscus is no longer a Spacs...Cliq and Sona still are.

Dec 19..this is what I ponder:
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD

Dec 19, 2013 09:28 AM | Report Abuse

Wow....2.08....someone know something that we public generally yet to know?????


So finally it is now the real news.

U r right callme777. Till today some people do not know or understand how spac works. Am wondering how they trade or invest without knowing what spac is.

50-50...good news or bad news....oil or no oil.

Jhot.....lol!

Disposed and then acquired back is to get contra gain. With the kind volume, every few sen move is money to them. On top of that funds manager will get commission from the trade too.

Definitely nothing is sure in the market. Every counters have a POSSIBILITY of hitting the shit in the FUTURE. OTB 2.88 is just a target and does not mean that it had to happen..this is what you call forecasting.

3% is 51.3mil shares....long way to go unless he increase his buying rate.

hhakim u right on the dot. They have to starts somewhere...cant get oil overnight. They have to drill drill and starts somewhere. Like Petronas and the rest also starts somewhere like Hibiscus doing now. They dont get oil drop on the doorstep the very next day. But some people looking for Pe 50 lah...must have oil lah..etc etc etc. Maybe they will wait for Hibiscus to hit oil and only dare to invest in this counter.

Wow....2.08....someone know something that we public generally yet to know?????

Be greedy when everyone is in fear!

Something fishy?????? Hmmm....I dont think so. He joined Inari on May 2013....so, how many months on the job????....think about it...I dont want to speculate on this.

Weekend also got flower (hibiscus) story....lol! Anyway those skeptics may want to go through the link below. Block 50 is Hibiscus and neighboring block 3 and 4 belongs to CC Energy. CC energy found oil in their block 3 and 4. Block 52 belongs to Circle Oil and indicate there's oil there. Am not sure if they have drilled it.

See the story on CC energy...somehow others cant find oil in their well but they did it on the same block. Looks like it is the expertise that counts and not just drill drill drill. 88% success rate in here.

Anyway will Hibiscus get oil from their well???...hmmmmm ...good question but looking at the map, it is highly likely. They got good oil in Block 3 and 4 so probability of getting oil in Block 50 is high. Am not an oil expert but I see golden flower there as the Hibiscus management are expert in their field.

Happy reading.



http://www.mog.gov.om/Portals/1/concession%20map%205May2013.pdf
http://www.ogj.com/articles/2012/04/cc-energy-groups-oman-oil-output-sets-mark.html
http://www.worldfolio.co.uk/region/middle-east/oman/shahrokh-etebar-ceo-of-cc-energy-development-oman-n1831
http://www.circleoil.net/block-52.aspx

As expected....this is Malaysia style...if no delay then something not right...delay...delay....delay.

Afternoon sessions could be great. Momemtum continue it will be 2.80/2.90 or even 3.00. Wait for market to tell.

The 3 are under Sapura Kencana, Barakah and Puncak Oil and Gas.

Matter of time....when they have collected enough and finish with their run on others, they will work on Alam. Just watch.

Fotunebull....not RM10 meh...lol! CNY angpow must in red bills and not green bills.

Can it break the RM1 barrier???? Let's the market tell...if broken expect more buyer in this area.

Found oil smell of hibiscus flower!!!!!

On Thu 19 Dec.

Wait for Jan2014 as FY busy preparing for his Christmas celebration.

sniff...sniff...smell of oil droplets at the office floor.

http://hongwei85.blogspot.com/2013/12/unisem-mpi-same-industry-but-different.html

Semicon are semicon but then in which area of semicon. Good comparison on Unisem/MPI and get some better understanding of semicon business. Semicon...look like one, sound like one, but it is not same one.

Each of them are different...so is Inari.