Author Topic: I EAT HIBISCS  (Read 49699 times)

Offline Joe99

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Re: I EAT HIBISCS
« Reply #50 on: July 22, 2015, 01:03:57 PM »
This is their investor presentation

http://www.hibiscuspetroleum.com/download/pdf/media/news/Investor%20Presentation_June_R3.pdf

Worth a read ...

Offline Con Artist

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Re: I EAT HIBISCS
« Reply #51 on: July 22, 2015, 01:28:01 PM »
I eat LonBISC...


 :P :D
Never con anyone so don't blame me if you lose money.

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #52 on: July 22, 2015, 06:18:03 PM »
Wednesday, 22 Jul 2015
 
5:50PM  HIBISCS     MERCURY PACIFIC MARINE PTE LTD (135,000 units Acquired)   8)
 
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Offline eye-hub

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Re: I EAT HIBISCS
« Reply #53 on: July 22, 2015, 08:27:28 PM »
135,000 units very very little only....

Wednesday, 22 Jul 2015
 
5:50PM  HIBISCS     MERCURY PACIFIC MARINE PTE LTD (135,000 units Acquired)   8)
"Price is the most important factor to use in relation to value."  - Walter Schloss

Offline Joe99

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Re: I EAT HIBISCS
« Reply #54 on: July 22, 2015, 11:13:31 PM »
Just out today latest presentation for investors July 2015

http://www.hibiscuspetroleum.com/download/pdf/media/news/Investor%20Presentation_July%20Summarised_R2.pdf

See Page 24: Key Investment Factors

The current market price provides a clear opportunity to invest into Hibiscus at a significant market undervaluation but with clear upside potential.
• Hibiscus has the ability to capitalise on the low oil price environment by driving down the cost of oil services and asset procurement in its contracts.
• The group has zero-debt and management is actively pursuing value-accretive assets to build scale – the announcement of a successful asset acquisition would again be a significant market catalyst.

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #55 on: July 23, 2015, 12:48:59 AM »
135,000 units very very little only....
My point is the buying interest is still there....  :)
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Offline eye-hub

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Re: I EAT HIBISCS
« Reply #56 on: July 23, 2015, 05:44:26 AM »
Ok....got your point :handshake:
My point is the buying interest is still there....  :)
"Price is the most important factor to use in relation to value."  - Walter Schloss

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #57 on: July 23, 2015, 11:11:37 AM »
Today could be the day but Dow Jones doesn't respond well although oil price seems very stable. I suggest hold and follow my latest DPM below.  :nod:

1st support line seen at RM0.77. Critical support set at RM0.74.
Resistance set at RM0.80. Next breakout TP set at RM0.818)
Finally RM0.81:rofl: :coffee: :cocktail: :party: :dancing:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #58 on: July 23, 2015, 11:16:36 AM »
Once reaching TP RM0.81, next critical hurdle will be RM0.825. Expect a sudden surge anything over RM0.825 price level.

Source: Oly Investment Research
Follow the buzzards!  :D :thumbsup: :cash:
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Offline Joe99

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Re: I EAT HIBISCS
« Reply #59 on: July 23, 2015, 05:40:58 PM »
Follow the buzzards!  :D :thumbsup: :cash:

OLY - your target price achieved today - 81 cents - CONGRATULATIONS!!! :thumbsup: :handshake:

I believe your 82.5 is also achievable looking at the bullish trend.

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #60 on: July 23, 2015, 05:46:37 PM »
OLY - your target price achieved today - 81 cents - CONGRATULATIONS!!! :thumbsup: :handshake:

I believe your 82.5 is also achievable looking at the bullish trend.
Tq bro. Luckily I did not sell during the bad sentiment but it did not slide down to my critical support price level anyway. Now that TP RM0.81 was finally achieved today, I'll update a newer DPM hopefully by today.  Stay tune! 8)
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #61 on: July 24, 2015, 12:43:35 AM »
1st support line seen at RM0.775. Critical support set at RM0.74.
Resistance set at RM0.795. Next TP set at RM0.818)

Source: Oly Investment Research
UPDATED: 24th July 2015

1st support line seen at RM0.785. Critical support line set at RM0.765. Final support line set at RM0.745. Resistance set at RM0.81. Next new TP set at RM0.825. Final TP set at RM0.87. 8)

Source: Oly Investment Research

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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #62 on: July 24, 2015, 12:54:42 AM »
  :phew:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #63 on: July 24, 2015, 12:59:39 AM »
Please bear in mind that this stock has reached the overbought RSI level. Expect a sudden hike or slide anytime. 8)

Be aware of your risk!  8)
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Offline eye-hub

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Re: I EAT HIBISCS
« Reply #64 on: July 24, 2015, 08:19:44 AM »
With your knowledge, patient and risk management, you deserve to be rich.
Please bear in mind that this stock has reached the overbought RSI level. Expect a sudden hike or slide anytime. 8)

Be aware of your risk!  8)
"Price is the most important factor to use in relation to value."  - Walter Schloss

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #65 on: July 24, 2015, 09:28:30 AM »
UPDATED: 24th July 2015

1st support line seen at RM0.785. Critical support line set at RM0.765. Final support line set at RM0.745. Resistance set at RM0.81. Next new TP set at RM0.825. Final TP set at RM0.87. 8)

Source: Oly Investment Research
Resistance broken! RM0.825 ahead?  :phew:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #66 on: July 24, 2015, 09:41:37 AM »
Resistance broken! RM0.825 ahead?  :phew:
TP at RM0.825 achieved! All hell should break lose now! Next TP RM0.87:phew:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #67 on: July 24, 2015, 09:46:47 AM »
Let the game begins.....  :D :clap: :handshake: :cash:
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Offline benhur

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Re: I EAT HIBISCS
« Reply #68 on: July 24, 2015, 10:08:19 AM »
Looks like building a new base at 83 sen.

50% of volume traded so far is at 83 sen.

Offline Joe99

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Re: I EAT HIBISCS
« Reply #69 on: July 24, 2015, 10:45:16 AM »
WOW!!!! :) :) :)

Volume picking up. :nod: :nod: :nod:

Something is brewing. :P

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #70 on: July 24, 2015, 11:48:51 AM »
Looks like building a new base at 83 sen.

50% of volume traded so far is at 83 sen.
TP at RM0.87:phew:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #71 on: July 24, 2015, 03:44:47 PM »
RM0.835:phew: :P :thumbsup: :cash:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #72 on: July 24, 2015, 04:35:01 PM »
UPDATED: 24th July 2015

1st support line seen at RM0.785. Critical support line set at RM0.765. Final support line set at RM0.745. Resistance set at RM0.81. Next new TP set at RM0.825. Final TP set at RM0.87 . 8)

Source: Oly Investment Research
:o :heart: :wonder:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #73 on: July 24, 2015, 04:39:29 PM »
OLY - your target price achieved today - 81 cents - CONGRATULATIONS!!! :thumbsup: :handshake:

I believe your 82.5 is also achievable looking at the bullish trend.
:D :clap: :thumbsup: :handshake: :cash:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #74 on: July 24, 2015, 04:44:47 PM »
Please bear in mind that this stock has reached the overbought RSI level. Expect a sudden hike or slide anytime. 8)

Be aware of your risk!  8)
:nod:
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Offline flowerpower

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Re: I EAT HIBISCS
« Reply #75 on: July 27, 2015, 10:23:26 AM »
TQ Oly  :clap: :clap: :clap:

Offline Joe99

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Re: I EAT HIBISCS
« Reply #76 on: July 27, 2015, 11:22:59 AM »
Very strong support despite Market down, counter still up. :) :)

Could be moving again....... :thumbsup:

Offline benhur

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Re: I EAT HIBISCS
« Reply #77 on: July 27, 2015, 11:31:44 AM »
Very strong support despite Market down, counter still up. :) :)

Could be moving again....... :thumbsup:
Don't know how strong is the support now but there seems to be very little selling pressure.
 :thumbsup: :thumbsup: :clap: :clap:

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #78 on: July 27, 2015, 11:49:24 AM »
Resistance at RM0.85. TP maintained at RM0.878)
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #79 on: July 27, 2015, 03:24:53 PM »
60,000 units can be wrong and needs patient.... :think:
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Offline Joe99

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Re: I EAT HIBISCS
« Reply #80 on: July 27, 2015, 05:07:36 PM »
With weak market also holding means action is on the way ;)

Volume building up and inching up slowly :thumbsup:

OLY target 0f 0.87 is achievable this week. :nod:

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #81 on: July 27, 2015, 06:04:03 PM »
With weak market also holding means action is on the way ;)

Volume building up and inching up slowly :thumbsup:

OLY target 0f 0.87 is achievable this week. :nod:
:phew: :nod:
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Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #82 on: August 03, 2015, 10:51:39 AM »
UPDATED: 24th July 2015

1st support line seen at RM0.785. Critical support line set at RM0.765. Final support line set at RM0.745. Resistance set at RM0.81. Next new TP set at RM0.825. Final TP set at RM0.87. 8)

Source: Oly Investment Research
:P
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Offline Joe99

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Re: I EAT HIBISCS
« Reply #83 on: August 03, 2015, 12:46:30 PM »
http://ir.chartnexus.com/hibiscuspetroleum/download/pdf/media/analyst-reports/HibiscusPetroleumBUY20150720%20Opt.pdf

Detail analysis report  :)

Dated July 20 2015 ;)

Target price: RM1.78 :cash:  :thumbsup: :handshake:

Report is 152 pages so if you finish reading tell me ah :nod: :P

Offline Joe99

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Re: I EAT HIBISCS
« Reply #84 on: August 03, 2015, 12:52:59 PM »
Page 4 of 152 of report by SP ANGEL of UK Wrote

"Valuation – $462mm (MYR1.78)
We have valued Hibiscus’ assets at $462mm (MYR1.78) using DCF valuation methodology and adjusting for risk using EMV analysis; the unrisked valuation is $5,884mm (MYR22.64)." :o :o :o :o :o :o :o :o

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #85 on: August 03, 2015, 01:16:53 PM »
With weak market also holding means action is on the way ;)

Volume building up and inching up slowly :thumbsup:


OLY target 0f 0.87 is achievable this week. :nod:
This week?  :sweat:
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Offline benhur

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Re: I EAT HIBISCS
« Reply #86 on: August 04, 2015, 10:56:23 AM »
Oly, what happened? Suspended !!!

Offline benhur

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Re: I EAT HIBISCS
« Reply #87 on: August 04, 2015, 10:59:35 AM »
Achieve TP @ 87, then kena suspension.....

Offline benhur

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Re: I EAT HIBISCS
« Reply #88 on: August 04, 2015, 11:26:47 AM »
Kindly be advised that at the request of HIBISCS, trading in the Company's shares has been suspended with effect from 10.42 a.m., Tuesday, 4 August 2015 pending an announcement.

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #89 on: August 04, 2015, 11:54:13 AM »
Resistance at RM0.85. TP maintained at RM0.878)
Sorry bro, Oly went for dentist appointment. Bloody root canal.....  :giggle:  :swear:

Target achieved. RM0.87:thumbsup:

Quote
HIBISCS - REQUEST FOR SUSPENSION 

HIBISCS - REQUEST FOR SUSPENSIONILC-04082015-00026Kindly be advised that at the request of HIBISCS, trading in the Company's shares has been suspended with effect from 10.42 a.m., Tuesday, 4 August 2015 pending an announcement.

5199    HIBISCS    HIBISCUS PETROLEUM BHD 
SUSPENSION OF SECURITIES 
 
SUSPENSION OF SECURITIESHIBISCUS PETROLEUM BERHAD ("HIBISCUS PETROLEUM" OR "THE COMPANY")- REQUEST FORSUSPENSION


Here's to your what happened to Hibiscus question....

Quote
Hibiscus Petroleum to acquire stake in two licences

Tuesday, 4 August 2015
 
KUALA LUMPUR: Hibiscus Petroleum Bhd’s jointly-controlled entity, Lime Petroleum Norway AS, has entered into an agreement with EnQuest Norge AS1 (EnQuest) to acquire a 50% stake in two new licences for PL760 and PL760B in the Norwegian Sea, a statement from Hibiscus said.

The operator of both gas fields is Total E&P Norge AS2 (Total).

The parties in the licences will be Total with 50% interest, and Lime Norway with 50%, after approval has been received from the relevant authority.

Quote
Lime Petroleum acquires 50% interest in two Norwegian Sea licenses

*Significant gas/condensate potential adjacent to producing oil and gas fields with spare ullage
*Building core area; synergy with current licenses and focus area close to infrastructure
*Potential drilling of licenses in 2016 or 2017

Hibiscus Petroleum Berhad wishes to announce that its jointly-controlled entity, Lime Petroleum Norway AS has executed an agreement with EnQuest Norge AS to acquire their 50% stake in each of the PL760 and PL760B licenses. The operator at both licenses is Total E&P Norge AS.

The parties in the licenses will be Total with 50% interest, and Lime Norway with 50%, after approval has been received from the relevant authority.

The licenses are located some 25km west of the Norne oil/gas field in the Norwegian Sea in water depth of 370 metres.

The adjacent Marulk gas field is producing from similar Cretaceous reservoirs as being targeted in PL760 and PL760B. Further, the deep water Aasta Hansteen gas/condensate field to the north is under development including the Polarled gas pipeline to shore passing close to PL760. Drilling could take place in 2016 or 2017, given a drill decision milestone in February 2016.

Lime Norway is a wholly-owned subsidiary of Lime Petroleum Plc (Lime). Lime is a jointly-controlled entity in which Hibiscus Petroleum owns a 35% stake.

 8)
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Offline Joe99

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Re: I EAT HIBISCS
« Reply #90 on: August 05, 2015, 07:17:24 AM »
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4820021

Announce on August 4  :thumbsup:

Block 2 also contains the discovered West Ashrafi field, which is included in the above Award of Concession, and may be developed with a production tie-in t to the nearby existing onshore infrastructures. Two wells previously drilled in the West Ashrafi field had tested commercial oil and gas.

Latest announcement yesterday - HIBISCUS IS MOVING FORWARD. The flower is blooming  :handshake: :cash:

Offline clp72

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Re: I EAT HIBISCS
« Reply #91 on: August 05, 2015, 07:56:20 AM »
More licenses  :S ... i was hoping for some results from their drilling activity... while the Egypt license is on a proven field, lets not forget that its the oldest basin around...

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #92 on: August 05, 2015, 11:48:50 AM »
Quote
KUALA LUMPUR: Hibiscus Petroleum Bhd’s wholly-owned unit, Gulf Hibiscus Ltd, has been awarded the South East Ras El Ush concession (Block 2) in Egypt by the Ganoub El-Wadi Petroleum Holding Co, an entity of Egypt’s Ministry of Petroleum.

In a filing with Bursa Malaysia yesterday, Hibiscus Petroleum said the acceptance of the concession provided the company an opportunity to explore and develop in an area which was one of the oldest producing basins in the world.

The basin had over 1,900 drilled wells with a total of 123 producing fields and an annual production of about 180 million barrels of oil, it said.

“The the award was made pursuant to the successful submission of a bid by Gulf Hibiscus, together with its partner, Pacific Oil Ltd, for a joint equal ownership of the concession,” it said.

Pacific Oil will be the operator of the concession, to leverage on its management team’s experience in Egypt.

The group said the award was subject to the execution of a definitive agreement.

Gulf Hibiscus’ financial exposure to undertake the minimum work commitment is estimated at US$8mil over the first four years, it said. – Bernama
HOLD from selling at the moment......  8)
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Offline Joe99

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Re: I EAT HIBISCS
« Reply #93 on: August 05, 2015, 06:39:28 PM »
HOLD from selling at the moment......  8)

OLY - with the volume continue to built up and today's close of 87 cents - upside momentum is intact. Foresee further upside   :nod: :handshake:

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #94 on: August 05, 2015, 08:55:16 PM »
OLY - with the volume continue to built up and today's close of 87 cents - upside momentum is intact. Foresee further upside   :nod: :handshake:
Oly dun rely on much on news. Oly is a DPM guy. Let's see how.  :nod:
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Offline Joe99

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Re: I EAT HIBISCS
« Reply #95 on: August 06, 2015, 08:50:26 AM »
Suspended again - WOW!! :thumbsup:   :handshake: :cash: :cash: :cash:

Offline Joe99

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Re: I EAT HIBISCS
« Reply #96 on: August 06, 2015, 08:52:16 AM »
Today or tomorrow after lift suspension maybe break 90 cents ? :nod:

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #97 on: August 06, 2015, 11:20:28 AM »
5199    HIBISCS    HIBISCUS PETROLEUM BHD 

Additional Listing Announcement 
 
1. Details of corporate proposal

Whether the corporate proposal involves the issuance of new type and new classof securities? N

Types of corporate proposal : Private Placement
Details of corporate proposal : Placement of up to ten percent (10%) of theissued share capital of Hibiscus Petroleum Berhad
No. of shares issued under this corporate proposal : 34,827,700
Issue price per share ($$) : 0.7500
Par Value ($$) : 0.01
Latest issued and paid up share capital after the above corporate proposal
In the following
Units : 980,806,454
Currency : Malaysian Ringgit (MYR) 9,808,064.540
Listing Date : 06/08/2015
 
 8)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #98 on: August 06, 2015, 11:21:51 AM »
Wednesday, 5 Aug 2015
 
5:37PM  HIBISCS     MUHAMMAD SYAFIQ BALJIT BIN ABDULLAH (9,000,000 units Transacted) 
 
 8)
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline Oly Shyte

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Re: I EAT HIBISCS
« Reply #99 on: August 06, 2015, 11:24:37 AM »
Quote
HIBISCS - REQUEST FOR SUSPENSION 

HIBISCS - REQUEST FOR SUSPENSION

Kindly be advised that at the request of HIBISCS, trading in the Company'sshares will be suspended with effect from 9.00 a.m., Thursday, 6 August 2015 pending an announcement.

Ok at least they are being transparent. However be prepared for anything!  8)


 
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research