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$HIBISCS (5199.MY)$ The company has confirmed the acquisitio...

$HIBISCS (5199.MY)$ The company has confirmed the acquisition of a 30% participation interest in the national oil PETRONAS (PM327) field! Being able to obtain participation rights in national oil and gas fields indicates that the financial statements of Da Honghua Petroleum Company are credible. Therefore, for an oil and gas company with earnings per share of 0.58 ringgit and net assets per share of 3.88 ringgit, a reasonable stock price should be at least 3 ringgit or more!
$HIBISCS (5199.MY)$ The company has confirmed the acquisition of a 30% participation interest in the national oil PETRONAS (PM327) field! Being able to obtain p...
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