2 people like this.

11 comment(s). Last comment by John Lu 2017-04-17 08:49

Posted by Henry Tan Chor Heng > 2017-04-10 10:09 | Report Abuse

these 2 are the main reasons i owned Hibiscus. But too bad the price fluctuate a lot, and i managed to trade it and earn 3 times of money in this counter. Current price is not attractive to me, will look into it at a lower price at around 0.4. In my view, timing is the main factor to succeed in this counter.

mmk79

1,840 posts

Posted by mmk79 > 2017-04-10 13:00 | Report Abuse

Should be 2 key reasons to own Hibicus. Anasuria & North Sabah investment.

mmk79

1,840 posts

Posted by mmk79 > 2017-04-10 13:03 | Report Abuse

Based on PBB TP 1.15 if deal is on, a whopping 139% upsite.

B4b4

7,594 posts

Posted by B4b4 > 2017-04-10 13:43 | Report Abuse

Fully agreed with you , sir

MusangK1ng

183 posts

Posted by MusangK1ng > 2017-04-10 13:45 | Report Abuse

HIBISCUS? WATCH OUT GUYS CALVINTANENG IS COMING SOON.

Posted by Gokula Krishnan > 2017-04-10 23:56 | Report Abuse

I think u missed the point that north Sabah opex is 55usd per bbl. this means if oil price is under 55pbbl, u make no money. Opex spend is critical to evaluate bottom line. Anasuria has a fantastic costs per bbl.

alone

283 posts

Posted by alone > 2017-04-11 05:23 | Report Abuse

RM 55

wltan22

208 posts

Posted by wltan22 > 2017-04-11 06:58 | Report Abuse

@alone, thanks, @ Gokula is North Sabah Opex is in RM, not USD, so North Sabah Opex is about USD 12

goodview

56 posts

Posted by goodview > 2017-04-12 05:46 | Report Abuse

Good to have it, which will be up on the matter of time only cheers

bbchan

124 posts

Posted by bbchan > 2017-04-14 02:00 | Report Abuse

wltan22, good points. Thanks for sharing. You should write more blogs

John Lu

5,187 posts

Posted by John Lu > 2017-04-17 08:49 | Report Abuse

Good article.

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