hibiscus is on the money

insider news aside. this is a good piece you guys should relate to;

http://klse.i3investor.com/blogs/kianweiaritcles/26732.jsp

shall we start a stock roll that fits these criteria?

hibiscus-5199 fits 10/10

my investment decision was made on the view that the company has a robust business plan and acquisition strategy.

upon completion of their acquisition they will focus on the respective drilling programs of the various concessions they are involved in.

once they strike oil and commercial production is underway, the present entry cost/s of the warrants and main shares are negligible.

their website contains comprehensive information that is transparent to everyone, a plus point in the present malaysian corporate scenario.

am not here to make a buy call for everyone to ride on.

its your own decision and i made mine, only regret is that i did not take a position earlier due to all the doubts created in various forums.

my investment decision was made on the view that the company has a robust business plan and acquisition strategy.

upon completion of their acquisition they will focus on the respective drilling programs of the various concessions they are involved in.

once they strike oil and commercial production is underway, the present entry cost/s of the warrants and main shares are negligible.

their website contains comprehensive information that is transparent to everyone, a plus point in the present malaysian corporate scenario.

am not here to make a buy call for everyone to ride on.

its your own decision and i made mine, only regret is that i did not take a position earlier due to all the doubts created in various forums.

my investment decision was made on the view that the company has a robust business plan and acquisition strategy.

upon completion of their acquisition they will focus on the respective drilling programs of the various concessions they are involved in.

once they strike oil and commercial production is underway, the present entry cost/s of the warrants and main shares are negligible.

their website contains comprehensive information that is transparent to everyone, a plus point in the present malaysian corporate scenario.

am not here to make a buy call for everyone to ride on.

its your own decision and i made mine, only regret is that i did not take a position earlier due to all the doubts created in various forums.

info from the HIBI website http://www.hibiscuspetroleum.com/ cleared most, if not all of my concerns raised from this forum.

from the website you can confirm that there is no 20 days conversion period. it only takes 8 processing days from completion of the acquisition which is underway now. everyone here can get all the info i got from the company website to make a firm investment decision.

info from the HIBI website http://www.hibiscuspetroleum.com/ cleared most, if not all of my concerns raised from this forum. 'cheese', 'jameslim' and 'zemen' gave us all good updates.

from the website you can confirm that there is no 20 days conversion period. it only takes 8 processing days from completion of the acquisition which is underway now. everyone here can get all the info i got from the company website to make a firm investment decision.

forms are also available on hibiscus website which contains all details including the registrar's contact that you require

hib is more for institutional appetite once they get off the SPAC category and into the oil and gas list. It will be the only listed exploration and production company listed on bursa as the others are service providers.

warrants are exercisable after completion of acquisition. ie approximately 20 days from shareholders approval garnered from agm yesterday. at the current level, warrants are at a discount as its exercisable at .50 per share. warrant is at 1.09 now, add .50 the cost per share after conversion is 1.59. shares are trading at 1.72 presently. meaning a .13 gain per warrant converted to shares. it would be a motivation to accumulate warrants at current levels. trust this clears, laxlav.

99.64% of the shareholders voted in favor of the acquisition!

99.64% of the shareholders voted in favor of the acquisition!