Good sharing 'trader808' . From your sharing, found the reason why my chart is not showing signals consistent with such a 'highly profitable' and low PE stock.

Hibiscus Repsol acquisition provided USD78m dividend for 2021, which works out to be ~ RM80 million per qtr based on 2021 oil prices.

How much profit will it contribute to Hibiscus for 2022 ??? It will be reflected in Hibiscus P&L from next qtr report onwards.

https://wikileaks.org/wiki/Friends_of_Falun_Gong_US_990_Forms,_2001-2006

https://wikileaks.org/wiki/Friends_of_Falun_Gong_US_990_Forms,_2001-2006

https://wikileaks.org/wiki/Friends_of_Falun_Gong_US_990_Forms,_2001-2006

https://www.cityam.com/covid-death-rate-not-rising-swap-travel-restrictions-and-mass-hysteria-for-cautious-optimism-as-omicron-mutation-is-super-mild-variant-who-and-coronavirus-experts-say/

https://www.jpost.com/health-and-wellness/coronavirus/covid-1st-data-about-vaccine-efficacy-against-omicron-expected-tuesday-687392

Added support to what the South African doctors have been observing about the Omicron variant

https://www.google.com/amp/s/news.yahoo.com/amphtml/chair-south-african-medical-association-014954143.html

Looks like the market over reacted

https://www.foxnews.com/health/south-african-doctor-omicron-variant-symptoms-unusual-mild

Thanks derrtan. Looks like OPEC+ intends to maintain oil above USD 80/barrel.

So what happens if OPEC+ decided not to increase production from Jan 2022 and Omicron turns out to be not so damaging?

Be prepared for the next uptrend in prices next month onwards.

How to make retailers sell if the price don't 'lao sai'.

Winter is coming, Dec to Feb.

https://oilprice.com/Energy/Energy-General/Cold-Blast-Sends-Power-Prices-Soaring-In-Germany.html

Thanks to Johnzhang, malpac63, DJThong for the informative update and clarification.

Jasonn So let's assume they raise 1 more tranche with size same as previous pp, the total shares be diluted about 53% from 1500m+ unit shares to 2300m unit shares. However, the net profit from this deal will be100%.
09/06/2021 8:14 AM

Thanks for info. Just to add, for any new RCPS issued, the new conversion price will not be the same as previous batch of RM0.48 per share. It will be based on the average mkt price at point of new RCPS issuance plus a premium for the share conversion option.

Jasonn Profit from this deal will start effective from 1st Jan 2021 although the deal estimated to be closed on end 2021. The profit will then be used to part fund the deal. This is what we called accrued economic benefit.

Wow..... didn't know about this. Was expecting the profits from Repsol to start accruing after full payment is made. Where can we view these info ? If correct, this Repsol deal is just too good to be true.

Thanks Jasonn.

Bot a discounted and producing asset when Brent ~USD 50/barrel.

Purchase financed through previous funds raised from CRPS, bank loans and internal cashflow. No rights issue.

Once purchase completed, production tripled from current rate.

If Brent can maintain USD 70/barrel, how much will be the profit &/or cashflow be increased ???

Slamdunk decision on Hibiscus.

Leoleo good deal ? bank loan u 212.5 m , 5 years repayment , 4 percent interest each year.

very good deal ? hibisc deal no risk? or bank loan higher risk ?
05/06/2021 3:02 PM


There is a difference between payback period and investment return lah !!!!!!!
If you can't work out and see the difference....................

Sigh!!!!!! All the best to your investment journey.

Leoleo pay 212.5 Milliond USD get back 255 millions in 5 years.
is a good deal ?

42.5 millions divided by 5 . each year get back 8.5 m usd.

wow good deal ah ?
05/06/2021 2:59 PM

The assets doesn't produce for 5 years and become dry wells immediately. Base on their 2P reserves, it shld continue to produce > 10years.

Miz Raya Bloom 3 ringgit mari

In the past, I laugh at above target price, but now, a possible scenario over the mid term.

If Repsol deal go through and Brent continue moving North to RM 80 or even higher, how much is Hibiscus worth? With > 30K bpd production per day, how much is the profit?

https://www.aljazeera.com/news/2021/5/12/who-reviewing-seychelles-data-after-fully-vaccinated-get-covid

Above article should give u guys better info

https://www.worldoil.com/news/2021/4/16/historic-oil-glut-amassed-during-the-pandemic-is-almost-gone

Thank you kokchengkai for the info. Very good info. Tonight can sleep soundly.

Good article. If next few days glove stocks didn't go down much after JP Morgan downgrade, bottom is confirmed. Time to get back into glove stocks.

As at today, chart still bullish. Retracement should be over soon. Still vested : )

Still early.

Alerted to this stock from my screener over the weekend. Most property/construction stocks cannot touch but Lagenda is showing consistent accumulation. Something is brewing.

Supermx coming qtr profit growth shld be very high

Careplus

Revenue
Apr-Jun 2020 RM 118.9M
Jul-Sep 2020 RM 122.7M

PBT
Apr-Jun 2020 RM 38.1M (RM22.7M excluding one-off RM15.4M gain from disposal of JV)
Jul-Sep 2020 RM 49.7M

If comparing 49.7M vs 22.7M, growth in PBT is 119%. Profit growth is still very high.

Thank you Morpheus61 for making the report

TeamRocket, please continue to talkdown Supermax. Please, please do not change your stance. I will have to sell if you start buying.

Give a LIKE to cincaila comments

http://www.tradeview.my/2020/09/tradeview-commentaries-11th-sept-2020.html

Of course ASP cannot sustain at peak forever n things changing from time to time.... but don't tell me that when they issue the report on 26th August they didn't know the price will be back to normal in the distance future.

Anyone know how to make complaint to Bursa for suspected market manipulation?

Their report headline is Underperform with TP of RM5.40 , but if you read the details, they derive a bull case valuation on RM20.40 , base case valuation of RM5.40 and a bear case valuation of RM2.80 .

Just think, isn't Macquarie one of the largest issuer of call warrants?

Just a note.... Isn't Macquarie a big issuer of call warrants ? Give a base valuation of RM5.40 but with a bull case scenario of RM 20.40 to protect themselves during future upsurge?

https://focusmalaysia.my/mainstream/upcoming-vietnam-power-plant-could-bring-in-over-rm720-mil-per-year-says-jaks-ceo/
Up because of this article today

When you are confused. Go back to the fundamentals. How is business for Supermax? What is the estimated future profit growth? Is the Topglove US customs issue beneficial or bad for Supermax business ?

After these few days, weak holders will be cleared. Base for next uptrend will be formed.

News is bad for Topglove in the short term, but good for other manufacturers with access to US mkt. With less supply in a market experiencing shortage, US ASPs for gloves will have to increase.

Disappointed with the results. Was expecting profit for 1st Qtr. However, the MD told us not to look at ST but look at the medium to long term horizon.
This qtr result does not include the mouse sales for customer A due to delivery lead time but will be captured in next qtr results.
They are bullish on Salute's future and over the last quarter have hired 20 to 30 additional engineers to bring the engineers headcount to around 50 to cater for the incoming and potential future business.

ionlywanttoearn..... thanks for the useful update

http://www.theborneopost.com/2018/10/06/construction-valuations-now-at-attractive-prices/

Icon8888,

A bit dissappointed with the article. Expected something more.

However, thanks for the effort.

Bad news is you have yet to discover the 'game changing' investing methodology, but to view it from different perspective, whatever returns you are seeing now can be further improved substantially.

All the best to your investing journey.

If you are so sure Adi is wrong, show your analysis or rebut with logical reasoning.

I am with Adi this time. Why? Just compare the weekly KLCI chart for 1995-1997 witg weeklcy KLCI chart for 2015-2018 current.

Singaporean writer: Malaysia doesn’t understand the honour of agreements
Malaysian citizen : Singapore doesn't understand the concept of win-win deal
negotiation

Looks like shares changing from weak holders to strong hands.

correction.....shld be discontinue with your subscription.

Well my brother is a subscriber to OTB for 2 years. He didn't benefit, making losses.
I am a recent subscriber, less than a year and in the midst of a bad market. I benefitted and make money.
So for those who don't understand how to sieve through OTB's recommendations and make losses, either you do not continue to subscribe or upgrade yourself. That's your rights.
For myself, I intend to continue my subscription. So get lost and stop telling OTB what to do. Let him do his job. If you are not happy, just don't listen to him or continue with your subscription.

Shareholders conned big time by incompetent managers