buy now hahaha

my pleasure

i usually X suka cerita about politic, the nature of my job, i have friends working with umno for the upcoming GE, when you talk to consultants, mesti ada duit hahaha

buat i can say this, as pemerhati, in my humble opinion, north sapu bersih by PH, selangor already gone, negeri sembilan, malacca maybe BN can, johore 50 50.

pahang, terengganu maybe bn can, kelantan already gone

my friends working for umno working very hard, today perak, tomorrow selangor, i think its a waste of time, then again, they are paid to that

HBGLOBAL?

yup he should consider hibiscus, but I tot he already in Hengyuan

OMG really!

Here are some diversification tips:
Spread the Wealth. Equities are wonderful, but don't put all of your investment in one stock or one sector. ...
Consider Index or Bond Funds. Consider adding index funds or fixed-income funds to the mix. ...
Keep Building. ...
Know When to Get Out. ...
Keep a Watchful Eye on Commissions.

see you tomorrow!

hi dragon, i remember you from sumatec forum, welcome, bird not around, Zzzz

ease the burden a bit - teeny–weeny

stamp duty waiver bukan brokerage fee waiver hahaha

lets say one month your belanja 10K, simpan 60K, if 1 year 120K, wow ys you banyak duit *blush*

agree skyhawk

cash to keep on hand at least 6 months for an emergency fund, this fund allow you to get through non-expected disasters or surprises without having to sell off your assets

exactly thats why I don't want to post tips here, don't know who the hell flagged us, grow up man!

optimus, if I am not mistaken, the guy who likes to post nasty things on people's forum, always negative, always cranky

For sure, those in stockmarket are 1. elderly with money, 2. rich kids with money 3. people using pocket money 4. people using borrowed money from IBs
for 3 and 4 very dangerous situation, in bursa you must know you never always win

I remember vaguely names and ids here but there's one occasion when someone said to me one of the kaki in hepi forum passed away, not sure same guy or another guy ..hmmm

name sounds familiar, was he one contributor at the old kaki?

GOOD NEWS!

Hibiscus Petroleum's Australia JV gets 5-year exploration renewal term

KUALA LUMPUR (March 7): Hibiscus Petroleum Bhd's joint venture (JV) in Australia has been granted a five-year renewal term ending March 6, 2023 for the VIC/P57 exploration at the Gippsland Basin there.

In a statement, Hibiscus said the JV is made-up of its indirect wholly-owned subsidiaries Carnarvon Hibiscus Pty Ltd and Gippsland Hibiscus Pty Ltd, as well as 3D Oil Ltd in which Hibiscus also owns a 13% stake.

In total, Hibiscus has 78.3% effective interest in VIC/P57, the statement said.

Prospective review conducted on-site found seven leads and prospects comprising both oil and gas reserves.

The JV’s minimum guaranteed work programme on-site comprise geological and geophysical studies and review of results. Optionally, the JV may also develop its first exploration well for the new prospects in the fourth year of the work programme, said Hibiscus.

Of the seven inventories, the Felix inventory — the largest oil prospect — holds an estimated prospective resource of 24 million barrels (MMbbls) of oil recoverable, of which 67% or 16 MMbbls sits within VIC/P57 itself.

“The review carried out also uncovered a new gas prospect, Pointer, within the high-quality reservoirs of the Latrobe Group,” Hibiscus said.

Pointer has been determined as the lowest risk gas target with volumetric calculations conducted for the entire feature, resulting in an estimate of 250 billion cubic feet (Bcf) of recoverable gas, of which 94% or 235 Bcf sits within the VIC/P57, the statement added.

“It is an additional benefit that Pointer is optimally located to rapidly deliver gas to a deprived east coast gas market,” Hibiscus said.

The finding bodes well, considering an undersupply of gas in the Australian market and that premium prices are currently being paid for gas in South East Australia, Hibiscus managing director Kenneth Pereira said.

“Hence a potential discovery at Pointer in due course would be a likely material addition to our current revenue stream,” Pereira added.

At midday break today, Hibiscus fell 5.41% or 5 sen to 87.5 sen, with 21.69 million shares traded.

if not-in-the money, no adjustment, going by current price, looks like no adjustment

Hibiscus Petroleum's Australia JV gets 5-year exploration renewal term

KUALA LUMPUR (March 7): Hibiscus Petroleum Bhd's joint venture (JV) in Australia has been granted a five-year renewal term ending March 6, 2023 for the VIC/P57 exploration at the Gippsland Basin there.

In a statement, Hibiscus said the JV is made-up of its indirect wholly-owned subsidiaries Carnarvon Hibiscus Pty Ltd and Gippsland Hibiscus Pty Ltd, as well as 3D Oil Ltd in which Hibiscus also owns a 13% stake.

In total, Hibiscus has 78.3% effective interest in VIC/P57, the statement said.

Prospective review conducted on-site found seven leads and prospects comprising both oil and gas reserves.

The JV’s minimum guaranteed work programme on-site comprise geological and geophysical studies and review of results. Optionally, the JV may also develop its first exploration well for the new prospects in the fourth year of the work programme, said Hibiscus.

Of the seven inventories, the Felix inventory — the largest oil prospect — holds an estimated prospective resource of 24 million barrels (MMbbls) of oil recoverable, of which 67% or 16 MMbbls sits within VIC/P57 itself.

“The review carried out also uncovered a new gas prospect, Pointer, within the high-quality reservoirs of the Latrobe Group,” Hibiscus said.

Pointer has been determined as the lowest risk gas target with volumetric calculations conducted for the entire feature, resulting in an estimate of 250 billion cubic feet (Bcf) of recoverable gas, of which 94% or 235 Bcf sits within the VIC/P57, the statement added.

“It is an additional benefit that Pointer is optimally located to rapidly deliver gas to a deprived east coast gas market,” Hibiscus said.

The finding bodes well, considering an undersupply of gas in the Australian market and that premium prices are currently being paid for gas in South East Australia, Hibiscus managing director Kenneth Pereira said.

“Hence a potential discovery at Pointer in due course would be a likely material addition to our current revenue stream,” Pereira added.

At midday break today, Hibiscus fell 5.41% or 5 sen to 87.5 sen, with 21.69 million shares traded.

*Hibiscus Exercise Price : *
The exercise price of the Warrants 2018/2021 shall be determined and
fixed by our Board at a later date after receipt of all relevant approvals.
The amount payable in respect of each new Share shall be calculated on
an annual step-up basis more particularly set out in the Deed Poll and
subject to such adjustments as may be required to be made in accordance
with the provisions of the Deed Poll. For the avoidance of doubt, if in any
one year, there has been adjustment(s) made to the Exercise Price, the
step-up for the following year shall be applied to such adjusted Exercise
Price.
Step-up pricing
mechanism
: 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 Date, in the manner
as set out below:
Year Formula
*Illustrative*
*Exercise Price (RM)*

*Year 1*

Commencing from
the date of first (1st)
issuance up to one (1)
Market Day prior to
the first (1st)
Anniversary Date
(Exercise Price) *Rm0.94*

*Year 2*
Commencing from
the first (1st)
Anniversary Date up
to one (1) Market Day
prior to the second
(2nd) Anniversary
Date
(Exercise Price
immediately preceding
the commencement of
the first (1st)
Anniversary Date add
RM0.06)
*Rm1.00*

*Year 3*
Commencing from
the second (2nd)
Anniversary Date up
to one (1) Market Day
prior to the third (3rd)
Anniversary Date
(Exercise Price
immediately preceding
the commencement of
the second (2nd)
Anniversary Date add
RM0.06)
*Rm1.06*

The step-up pricing mechanism is expected to encourage the holders of
the Warrants 2018/2021 to exercise their Warrants 2018/2021 earlier to
leverage on the lower exercise price.This would facilitate our Company’s earlier receipt of additional funds from the exercise of the Warrants 2018/2021. The additional funds will be utilised for potential expansion and capital expenditure, repayment of borrowings (in future, if any) and future working capital requirements of our Group.

For clarity, the market price of the Warrants 2018/2021 will not be adjusted in accordance with the adjustment in the Exercise Price on the first (1st) and second (2nd) Anniversary Dates respectively.

*Hibiscus Exercise Price : *
The exercise price of the Warrants 2018/2021 shall be determined and
fixed by our Board at a later date after receipt of all relevant approvals.
The amount payable in respect of each new Share shall be calculated on
an annual step-up basis more particularly set out in the Deed Poll and
subject to such adjustments as may be required to be made in accordance
with the provisions of the Deed Poll. For the avoidance of doubt, if in any
one year, there has been adjustment(s) made to the Exercise Price, the
step-up for the following year shall be applied to such adjusted Exercise
Price.
Step-up pricing
mechanism
: 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 Date, in the manner
as set out below:
Year Formula
*Illustrative*
*Exercise Price (RM)*

*Year 1*

Commencing from
the date of first (1st)
issuance up to one (1)
Market Day prior to
the first (1st)
Anniversary Date
(Exercise Price) *Rm0.94*

*Year 2*
Commencing from
the first (1st)
Anniversary Date up
to one (1) Market Day
prior to the second
(2nd) Anniversary
Date
(Exercise Price
immediately preceding
the commencement of
the first (1st)
Anniversary Date add
RM0.06)
*Rm1.00*

*Year 3*
Commencing from
the second (2nd)
Anniversary Date up
to one (1) Market Day
prior to the third (3rd)
Anniversary Date
(Exercise Price
immediately preceding
the commencement of
the second (2nd)
Anniversary Date add
RM0.06)
*Rm1.06*

The step-up pricing mechanism is expected to encourage the holders of
the Warrants 2018/2021 to exercise their Warrants 2018/2021 earlier to
leverage on the lower exercise price.This would facilitate our Company’s
earlier receipt of additional funds from the exercise of the Warrants
2018/2021. The additional funds will be utilised for potential expansion and
capital expenditure, repayment of borrowings (in future, if any) and future
working capital requirements of our Group.

For clarity, the market price of the Warrants 2018/2021 will not be adjusted
in accordance with the adjustment in the Exercise Price on the first (1st)
and second (2nd) Anniversary Dates respectively.

bird are sure 20 sen up, looks like you need 50 sen up hahaha

lama dulu I have air asia stocks, meeting held in sepang, don't expect me to drive all the way there just to have coffee makan with tony
AGM EGM never pergi hahaha

aiyo everyone need to do work la, cannot la glamour only

several from music industry, all related to entertainment industry, i have a friend in air asia, former MAS, wow he told me tony so strict, buy new car, someone from the office comes knocking at his house, those were the days, now IDK much about air asia, but the appointment of the celebrities you can see the news in the papers

too many celebrities in that organization

Maybe because NEC director Gary Cohn - a former Goldman Sachs Group executive resigning from Trump's administration

i bought some yesterday

betul KYY beli?

agree

to bring down the price - give bad news
to bring up the price - give good news

ys, idk

Ouais, enfin…faut vivre avec!

yup, busy, he have asked me to monitor his counters

good morning, what r u playing?

Ça me gonfle

FBM KLCI down 14.76pts at 1,841.31 at 3:39pm

hahaha duit, duit so funny la you

below snippet from UOB report, received this morning

Key O&G prices and outlook. According to Petronas, Brent prices averaged US$54/bbl in 2017 (2016: US$44/bbl). For gas, LNG long-term price (based on JCC benchmark) was >US$8/MMBtu. Pockets of supply disruptions, OPEC’s production cuts and inventory drawdowns are all supporting the market rebalancing. According to IEA, 4Q17 global supply was 98.0m bpd vs expectations of 1Q18 global demand at 97.8m bpd. Along with sentiment of Saudi Aramco’s potential IPO, oil prices firmed up to US$60-70/bbl currently. While we note that Petronas’ 2018 price assumption of US$52/bbl is below consensus’ forecasts of US$64/bbl for 2018 and 2019, this is actually aligned to global oil majors’. For instance, BP’s cash breakeven is US$49/bbl although it has a 5-year forward curve to long-term assumption of up to US$75/bbl. The “lower forever” mindset will persist as the strength in cash flow becomes a competitive edge among industry players. Petronas’ 4Q17 operating cash flow generation (OCF)-to-capex outflow ratio of 1.6x was in line with peers’ average of 1.65x. Oil majors are still conservatively guiding for continuous growth in production under a slight uptick in capex as well as cost control.

equal benefit

hi duit, welcome, we are always happy to see old friends

Technical View
· Asian markets slumped last Friday, weighed down by the threat of trade war.
· Moving in tandem, the FBMKLCI dropped 4.79 points (0.26%) to close at 1856.07.
· Market Breadth was negative with 656 losers outpacing 291 gainers, while 411 traded unchanged.
· Expect range-bound hovers for weeks ahead between 1,883 (R1) and 1840 (R2) as technical pictures of the local benchmark index appears directionless.
· Should (R1) be decisively taken out, expect higher resistance at 1,909 (R2). Conversely, expect a lower support at 1,798 (S2), should (S1) fail to hold. KENANGA

rchi is an old friend, connie too

i think we better revisit LBICap wa, monday

so hibi new WB excersice price is 1MYR for the 1st year, the price too high, mom still below 1MYR

Je ne comprends pas

maybe rotational play amongst warrants

agree the wa should be able to go above 20 sen

dunno but this company paying dividend ex date yup its in May

contra, I guess

LBI mom up 14 sen