Posted by John Lu > 2016-12-12 23:24 | Report Abuse

Cp teh, dont everyday cut lose or sell...buy hibiscus


John Lu
481 posts
Posted by John Lu > Dec 12, 2016 10:50 PM | Report Abuse X

10 reason buy Hibiscus
1) Opec and non Opec agreed to cut oil production (6 mths)
2) After 6 month, I believe they will cut more
3) Hisbiscus 3000 bpd now
4) Target 10000 bpd
5) Hibiscus cost at below 19
6) Management target to reduce the cost to below 15 pb
7) Oil price now 54 pb
8) Company continue 2Q profit
9) Free debt company
10) Last tranches pp at 29c

BUY! Tp 2.50 (2 years)