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2020-12-11 12:07 | Report Abuse
NG Tong Chai is selling to previous transport ministry
2020-06-18 09:55 | Report Abuse
Can Genting fall again please. I want to accumulate more!
2020-06-11 08:28 | Report Abuse
DK66,
Kindly add me into the group please
2020-05-20 09:45 | Report Abuse
Hibiscus Petroleum Bhd’s net profit for the third quarter ended March 31, 2020 (3QFY20) declined 48.42% y-o-y to RM28.47 million, from RM55.18 million, as revenue retreated 22.23% to RM175.86 million from RM226.12 million.
For the nine months ended March 31, 2020 (9MFY20), its net profit more than halved y-o-y to RM95.94 million from RM205.29 million, while revenue shrank 19.2% to RM607 million from RM751.23 million.
Reported by The Edge.
Based on the above report and factoring in the supply cushion by MCO and lock down of several countries especially UK (Anasuria) and mamagement has taken a prudent approach.
Factor in the new normal which will take at least 2 years for the demand to recover to pre-covid 19 period resulted a prudence expectation of the company. However, the average production for the 3rd quarter remain the lowest at US14 while average selling price at US48.
However, there is a need to look for 4th quarter result as it may reflect the reason oil price slump due to supply out stripe demand for May and June delivery. Therefore the average selling price may be lower then the recent quarter which will impact the bottom line result.
Hence, there is a need to revise the current stock price to reflect the current and future bottom line growth.
2020-03-17 08:38 | Report Abuse
You think Aeon rise since so many people are buying groceries?
2020-02-03 10:05 | Report Abuse
maybe can buy within 10 cent or 9 cent? what do you guys thing?
2017-08-07 01:56 | Report Abuse
Hi Guys, just to double check with you, it is divide or multiply? because based on my understanding is we pay RM1.00 for every ICULS we should be subscribing for RM1per unit and it pays 3.5% interested on the RM1.00........
in the future should we convert ICULS to mother share is RM10.99 per unit. E.g if one person owns 1,000 mother share now, he will have 2,000 ICULS and pay RM2,000 for it with 3.5% interest on it for the next 3 years until 2020.
Should we convert now or in the future of the ICULS the price of conversion is RM10.99 regardless what price it is now or the future. Therefore, its 2,000 units of ICULS X RM10.99 = RM21,980 right?
2017-03-21 14:19 | Report Abuse
the price starting to stabelise. I hope it can reach its potention of NAV of 1.60 and above
2017-01-02 15:30 | Report Abuse
What about RM3.00 by year end?
2017-01-02 15:30 | Report Abuse
just need an opinion, do you think it will reach 80cent in 3 months?
2016-11-26 12:46 | Report Abuse
Hi, just wanna ask i agree that the tax credit is misleading all us. since they recognise this tax credit can they recognise again later? my thinking her is no lah.
Anyone can help me whit this? based on what i understand tax credit is a tax refund right? but no cash change in hand but can be use to contract if off right?
2016-08-17 19:44 | Report Abuse
does it mean yuanlong57 you no longer owned RCE?
2016-05-27 10:50 | Report Abuse
should buy more for medium to long term?
2016-05-06 15:30 | Report Abuse
thank you yuanlong57.....you must have seen the potential of this company!... can share some if you don't mind please?
2016-04-26 23:20 | Report Abuse
thank you yuanlong57 for the explanation, just saw that. What is the meaning of
"Thirdly, we don't have to pay a single sen for the share value increase. Fourthly, an increase in the quantum of dividend distribution is also not remotely possible."
Could you please explain more?
2016-04-20 12:19 | Report Abuse
Thank you for your explaination Yuan Long. Am I save to say that the share consolidate is only a cosmetic effect on ROE since the ROE will increase due to share consolidate while citerius paribus?
2016-04-19 19:53 | Report Abuse
Please do advice as i am just a student and wishes to learn more.
Especially this kind of situation where share consolidate is rarely seen. Mostly share split and bonus share issue are seen in the market based on my experiance.
2016-04-19 19:49 | Report Abuse
Yes, I have the same question. Since after share consolidation, in theory the ROE will increase but others will remain the same as it uses more debts due the reduction of equity financing.
what will be the future of RCE Cap in near term? will the benefit outweigh disadvantage?
2016-04-15 12:06 | Report Abuse
So in conclusion there won't be any change in shareholder wealth right? What about the company future? Will it grow? I read the annual report. The profit seem to be growing and once the changes is made there will be higher ROE
2016-04-14 14:11 | Report Abuse
Can somebody give some shed some lights? What will happen when share consolidate and is my calculation correct?
0.27x4=1.08 because is 4 to 1. Assume that someone bought 100k shares as 0.27. After consolidate it will become 50k shares with a share price of 1.08 per share.
2015-06-17 22:55 | Report Abuse
Chinesetea yes. You are right. Just read the news.
2015-05-19 17:32 | Report Abuse
The first quarter result is out, revenue and profit increase 10% and 36% respectively. Mainly due to lower input cost. The increase also include the appreciation of U.S Dollar as Hup Seng also export to overseas especially US and Australia market.
However there is slide decease in overall balance sheet performance for this quarter.
2015-05-15 12:16 | Report Abuse
Ah Ha, because based on the report the profit mostly derived from interests income from the rights issue. I thing they must have put the money in FD or other money market.
2015-05-14 13:12 | Report Abuse
Something must have gone wrong
2015-05-08 16:34 | Report Abuse
bwulf you think it will be good?
2015-04-27 11:16 | Report Abuse
Just wanna ask is there any potential to teach 1.1?
2015-04-17 02:31 | Report Abuse
Thank you gracetrade for the sincere help!
2015-04-15 16:29 | Report Abuse
bwulf I hope they will because by June I need to pay fees
2015-04-15 12:31 | Report Abuse
i think if it could build pavilion and whether during the hard times while building it, i think i could go further up.
2015-04-15 12:29 | Report Abuse
Dear whoever you are
I know you guys have accumulated this stock since long time ago, just want you guys to pity me, I'm just a student and i don't have a lot of money, but i want to be like you guys to earn passive income for my university and books money.
can you please push this stock up for a while? and pity me please
i put about 2000 into this stock. it may not be a lot to you guys but its a lot to me. please give me a chance to make 15% profit.
all i want is just to learn from you guys and hope that you guys could help me.
the reason for me i choose this stock its because the old price decrease by 40% and the underlying cost will decrease but I'm now sure by how much.
However, i may be wrong about whether anyone of you are here. but if you are here i wish to study from you guys and learn to earn passive income.
2015-04-08 23:30 | Report Abuse
Wonder who is Mercury and why they upload their declaration so late? It's like 2 weeks late
2015-04-03 22:56 | Report Abuse
Yup all toilet paper gone on the last day
2015-03-27 15:28 | Report Abuse
Because profit affected by the increase in price of utilities such as electricity and also labour cost at malaysia set the minimum wage.
2015-03-26 01:42 | Report Abuse
Micheal, don't worry I'm having a same fate as you right now. According to bursa they created a tranche bond that will be listed today at 9am. Think they needed this as placement will not work for them anymore due to low confidence. When I read your comment I agree wil you and I when and look back their annual report. Looks like we have to hold for another year because they are renegotationting contracts with supplier to take advantage of current low price and start producing oil in 2016. They actually have a lot of reserves.
Let me know your thoughts please
2015-03-20 18:15 | Report Abuse
Makemoneynow I kinda agree with you....this time is the 2nd time this happen. The price drop to rock bottom and the next day someone collects the shares. Makes me wonder are those people collect through the weakness and when they start producting oil then they will sell they shares in large volume when the price goes up
They have so much oil in hand. I think they may consider producing 2nd half of this year.
But who knows I might be wrong as this is a SPA company.
2015-03-19 12:45 | Report Abuse
Abctypo do you know what price consider high? Given they have enlarge theirs assets for recurring income and also the order book they have
2015-03-19 12:43 | Report Abuse
Geary then at why price can consider to sell?
2015-03-19 12:40 | Report Abuse
Yes MalaysiaWarrenBuffet I agree with you and especially when the oil price is low and low electric tarrif will give them higher profit margin. But do you think the last quater result will be good?
2015-03-19 12:38 | Report Abuse
I think the last quarter result will show an improvement I don't dare to say a lot but it's should be grow in profit margin?
2015-03-19 12:35 | Report Abuse
Geary may I know on what basis you derive RM0.80? Because I don't know how? You add all the fixed asset and divide with 800millions shares?
2015-03-19 12:26 | Report Abuse
62 time PE....a bit too high.....but is a very good company. Will come back soon
2015-03-12 18:46 | Report Abuse
firehawk....i see. only realize it now....
2015-03-11 12:58 | Report Abuse
Fire hawk what do you mean by that?
2015-02-04 16:53 | Report Abuse
Jolin Lai Chi Pet....profit taking? Will the share price go up soon?
2015-01-29 11:37 | Report Abuse
Hi Jolin Lai. Thanks for the reply. It gave me a shock due to the sudden drop. Btw what target price do you have for this counter? For me it's around 1.20. Any stock will you recommend, Speculation and long term?
Stock: [AVALAND]: AVALAND BERHAD
2021-01-14 09:42 | Report Abuse
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