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$HIBISCS(5199.MY$ There are traders behind it who deliberately underestimate themselves. Our minority shareholders are powerless and unable to fight back!
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$HIBISCS(5199.MY$(KUALA LUMPUR, 14th) -- HIBISCS (5199, Motherboard Energy) acquired TotalEnergies (TotalEnergies)'s Brunei business for US$260 million (approximately RM1.22 billion) and obtained joint management rights for a local oil field.
In line with this announcement, Dahonghua Petroleum suspended trading for a full day this morning and will not resume trading until the market resumes next Tuesday; the final price was RM2.43.
Dahonghua Petroleum reported to the Malaysian Stock Exchange this morning that it has signed a trading agreement with France's Total Energy to acquire all of Total Energy EP (Brunei)'s shares.
After completing the acquisition, Dahonghua Petroleum will also obtain 37.5% operating rights for Block B of the Maharajalela Jamalalam (MLJ) Oilfield in Brunei.
Co-operators of this oil field also include Borneo Shell (35.0%) and Brunei Energy Exploration Company (27.5%).
According to Dahonghua Petroleum, this oil field is an offshore high-quality natural gas asset. If the oilfield consortium agrees to the extension, the asset has long-term output rights for up to 15 years and expires on November 23, 2039.
This oilfield asset will add 21.7 million barrels of oil equivalent (MMBOE) to Dahonghua Petroleum's 2P reserves, that is, push 60.9 million MMBOE to 82.6 million MMBOE.
Meanwhile, the daily production of oil, condensate, and natural gas increased from 21,1398 barrels to 29,263 barrels.
Managing Director Kenny Perry...
In line with this announcement, Dahonghua Petroleum suspended trading for a full day this morning and will not resume trading until the market resumes next Tuesday; the final price was RM2.43.
Dahonghua Petroleum reported to the Malaysian Stock Exchange this morning that it has signed a trading agreement with France's Total Energy to acquire all of Total Energy EP (Brunei)'s shares.
After completing the acquisition, Dahonghua Petroleum will also obtain 37.5% operating rights for Block B of the Maharajalela Jamalalam (MLJ) Oilfield in Brunei.
Co-operators of this oil field also include Borneo Shell (35.0%) and Brunei Energy Exploration Company (27.5%).
According to Dahonghua Petroleum, this oil field is an offshore high-quality natural gas asset. If the oilfield consortium agrees to the extension, the asset has long-term output rights for up to 15 years and expires on November 23, 2039.
This oilfield asset will add 21.7 million barrels of oil equivalent (MMBOE) to Dahonghua Petroleum's 2P reserves, that is, push 60.9 million MMBOE to 82.6 million MMBOE.
Meanwhile, the daily production of oil, condensate, and natural gas increased from 21,1398 barrels to 29,263 barrels.
Managing Director Kenny Perry...
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$HIBISCS(5199.MY$ Hibiscus oil extraction has already earned 44.61 per share for three quarters, and the stock price has declined instead. Is this really the mastermind of the stock traders behind the scenes? Or is the company faking it? How about shares with net assets of RM3.77 per share and net assets of RM3.77 per share, with annual net earnings of about RM0.62 per share, only have a share price of RM2.54? If the 5199 Hibiscus earnings report is true, then it should be the best choice for investment fund companies! We hope that government departments will pay attention to the management of Malaysian stocks and severely punish traders and fraudsters, so that the country's economy can prosper and prosper!
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$HIBISCS(5199.MY$ Dahonghua acquires and enters the Brunei market. If you are optimistic, the opposite should go down
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105282119 : Thanks for the reminder
105282119 牛不吃草 OP : I flew well and came out, hehe