Thursday, June 19, 2014

TIADA LAGI KIDUNG MU

Nukilan 14/3/2012

Seketika.....terdengar aku dibalik belakang tubuhku akan suaranya... seolah dia masih ada,- menitis airmataku, terasa rindu yg teramat .

Kepingin aku seorang teman bercerita, meluahkan rahsia diri. Datang kenangan, bagaimana enak nya bercerita, dia memberi persoalan perjalanan diri, aku menunggu jawaban dari nya tapi rupanya tiada jawapan kerana yang diberi adalah soalan....soalan yang tergantung! Bergegar jantung, berkisar otak memikir untuk mengurai persoalan yang diberi. Berminggu, berbulan dan kadangkala bertahun mmikir akan jawaban. Selalu nya 'diri' datang mengurai.

Aku persembahkan jawaban itu, dan terakhir kali nya katanya jawaban diri yang tanpa ada penafian diri itu sebenarnya jawaban. (......kerana roh adalah kesedaran). Terakhir kali nya juga aku minta didoakan untuk mengambil berkat nya,kata nya kita tiada istilah doa. Aku akur dengan kata nya. Aku hanya perjelaskan, kata doa yg aku sebut sebagai menunjuk kata hormat kepada yang lebih tua, tidak lebih....hanya kata-kata tiada maksud lain.

Suara nya tadi mengingat kan aku hubungan aku sebagai teman,anak dan murid yang kadangkala tegang, kadang kala penuh hilai tawa bila berbincang dan bermuzakarah . Ada hal yang rahsia yang tidak didedahkan kecuali pada anak, darah daging yang dipercayai.

Tiada nya, tiada lagi
Tempat luahan diri
Abah
Apa yang telah kau ajar
Adalah darah daging ku
Adalah nafas dan nyawaku
Tidak berganjak kebelakang sedikit pun
Bahkan ianya terus mengalir bagai darah

Cuma tiada lagi tempat
Untuk ku bermuzakarah
Kerana aku yakin
Tiada yang dapat memahami nya
Kecuali diri mu Abah.     

Wednesday, February 19, 2014

KUCING KU BLACKIE


 Blackie 13/9/2012 - 19/2/2014. 'Pergi' di UVH Serdang. Selamat Jalan Blackie. Terima kasih kerana menghibur kami sekeluarga selama ini.


                                                       Dalam kenangan.

Wednesday, December 25, 2013

APA TINDAKAN DARI BURSA DAN SC SETERUS NYA

Wednesday, December 25, 2013

Terlampau .........

You find oil, you don't find oil, its not commercially viable,... thats all fine, that is part and parcel of investing and the risks surrounding them. BUT not when a group of insiders started selling way before the news. Even though they suspended Hibiscus, and the news came out in papers today ... JUST LOOK AT THE SELL DOWN 3 days before. 

Bursa and SC .... Unless you think Malaysian investors are stupid, you have to do something. If you do NOTHING, then its POINTLESS with your investor protection rules, or championing the integrity of SPACs or any listed counters. 

This type of insider sell down has happened many many times before... but I haven't seen one with such audacity.

The fierce sell down from its 52 week high shows that somebody indeed knew something. That is, the announced news MUST HAVE ALREADY BEEN KNOWN at least 3-4 days prior to the announcement. So, who knew, who leaked, who benefited, who sold ahead ....

Just rope in all the sellers account for the last 3 trading days, match all trades with prior buy/sells in the counter for the past year. These accounts are obviously linked to either the main substantial owners, or syndicates or the big kahuna.

If SC does nothing, then we all should know where the "loyalty" lies, shouldn't we???

Hibiscus
DateOpenRangeCloseChangeVolume
24/12/20131.840.00 - 0.001.840.00 (0.00%)0
23/12/20131.840.00 - 0.001.840.00 (0.00%)0
20/12/20132.111.83 - 2.211.84-0.27 (12.80%)8,963,100
19/12/20132.392.02 - 2.402.11-0.28 (11.72%)6,695,600
18/12/20132.582.37 - 2.582.39-0.20 (7.72%)5,071,500
17/12/20132.602.59 - 2.672.59+0.04 (1.57%)916,700
16/12/20132.692.55 - 2.712.55-0.13 (4.85%)1,945,800
13/12/20132.622.62 - 2.742.68+0.06 (2.29%)5,433,200
12/12/20132.452.41 - 2.642.62+0.19 (7.82%)4,922,800

HIBISCUS-Warrant
DateOpenRangeCloseChangeVolume
24/12/20131.320.00 - 0.001.320.00 (0.00%)0
23/12/20131.320.00 - 0.001.320.00 (0.00%)0
20/12/20131.621.32 - 1.681.32-0.29 (18.01%)25,048,000
19/12/20131.811.60 - 1.811.61-0.21 (11.54%)18,132,500
18/12/20132.001.79 - 2.001.82-0.19 (9.45%)11,535,100
17/12/20132.032.01 - 2.082.010.00 (0.00%)1,509,700
16/12/20132.092.00 - 2.132.01-0.10 (4.74%)5,303,300
13/12/20132.082.06 - 2.162.11+0.03 (1.44%)11,723,700
12/12/20131.901.90 - 2.092.08+0.18 (9.47%)15,678,600
11/12/20131.901.89 - 1.931.90-0.01 (0.52%)2,748,900


Starbiz: Hibiscus Petroleum Bhd, the first special-purpose acquisition company (SPAC) to be listed on the local bourse, has discovered oil in its Oman assets, but the first well is not commercially viable.

The oil and gas exploration outfit told Bursa Malaysia that Masirah Oil Ltd, a jointly controlled entity of Lime Petroleum Plc, had suspended its first exploration well, Masirah North North 1 (MNN 1) in Block 50 Oman, for further evaluation on safety reasons.

The group noted in a press statement that the well had been drilled to a total depth of about 1,000m below the mean sea level.

“Mud losses in two carbonate sections of the well prevented Masirah Oil from reaching its planned target depth,” it said.

Hibiscus’ data acquisition, coring and logging programme of the formations that were drilled was completed on Dec 21, 2013, indicating the presence of non-commercial hydrocarbons.

“Datasets acquired from the coring and logging programmes are now being utilised to refine the geological understanding of the area. In addition, the information acquired has assisted all partners in the Oman Block 50 project to identify a second exploration well as the next drilling location.

“It is anticipated that drilling at this location would commence within the next two weeks,” the group said, subject to the approval of the Omani government.

Hibiscus was suspended from trading on Monday, pending the announcement. Its share price tumbled 29% from RM2.59 on Dec 17 to RM1.84 prior to its suspension. Its warrants fell 34% from RM2.01 on Dec 17 to RM1.32 before their suspension. The counter will resume trading tomorrow.

Managing director Kenneth Pereira said: “Whilst we are disappointed with the final result of the MNN 1 drilling programme, we are proud that as a young company with a small technical team, we have demonstrated our ability to conduct a safe drilling operation, in a remote offshore area of a foreign country without health, safety or environmental issues.”

Using the data obtained from the drilling of MNN 1, the group said all partners in the Block 50 Oman project were now in the process of finalising the next drilling location.

“The proposed well would be defined by 3D seismic mapping and would have strong Rex Virtual Drilling (RVD) indications in various formations. The prospect would also have been analysed using conventional techniques.”

Pereira added that the RVD technology had been tested exhaustively in 41 locations in Norway and had performed successfully on 40 occasions.

“It is a tool that is and would continue to drive a great deal of growth in Lime Norway and is expected to do the same elsewhere for us and our partners, Rex International Holdings. Our current drilling programme was developed to take into account both successful and non-successful outcomes at MNN 1,” he said.

When the counter was suspended on Monday morning, anticipation was high for the company to announce development related to the venture, in which the SPAC has a 22% net share.

The firm had previously estimated the prospective resources of about 160 million barrels of oil, worth about RM3.3bil, in the two areas.

To recap, Hibiscus was said to be spending some RM100mil to drill two wells – MNN 1 and Masirah North East 1 – in Oman. This implied the company would have to write off RM50mil from its books for the non-produceable well, an analyst said.

Analysts pointed out there could be two main reasons why Hibiscus found oil which was not commercially viable: one, it could have been a drilling mistake, and two, it could boil down to undesirable oil properties. In Hibiscus’ case, it was the latter.

“If they found heavy oil in the first well, it is likely that the oil quality for the whole reserve is not commercially viable, because the wells are usually located within a close vicinity,” an analyst noted.

However, another analyst said there was a possibility that pressure at the first well was not high enough for oil to flow out, which was why it was moving to the second well.

The drilling programme does not stop at whether or not Hibiscus strikes oil. It will also impact investors’ perception towards Rex Technology.

According to one analyst, this proved that the Rex Technology is able to detect oil. Another analyst, however, is less optimistic, as this venture served as a test case for the company.

Hibiscus had acquired a 35% stake in Lime for US$55mil (RM181mil) as its qualifying acquisition in April 2012 due to its portfolio of assets and access to RVD.

The Block 50 Oman concession, in which Lime has a 64% participating interest, is estimated to have risked resources of almost 390 million barrels of oil based on the fourth quarter 2011 study by an independent petroleum sub-surface consultant, Aker Geo AS of Norway.

Masirah’s other shareholder is Petroci Holding, the national oil company of Ivory Coast, which has a 36% participating interest in Block 50 Oman.


Malaysia-Finance Blogspot

Wednesday, December 4, 2013

DESTINI BERHAD

MRO industry gearing for rapid global growth
First published in The Malaysian Reserve on 25 November 2013
26 NOVEMBER 2013 (The Malaysian Reserve)

The aircraft and marine maintenance repair and overhaul (MRO) industry in Malaysia is gearing to boost capacity and enhance its services to attract more global players to the country. As customers are operating in an increasingly competitive landscape that calls for airline fleets to operate at peak performance, GE Engine Services Malaysia Sdn Bhd (GEESM), a company that specialises in aircraft engines, said it plans to boost capacity by bringing in additional high-tech equipment such as grinding and balancing machines. "To respond to customer needs, GE is committed to enhancing services through increased investment in infrastructure and human capital." "With increased capacity comes a growing responsibility to ensure continued quality of services, and we will also continue to invest in training and up-skilling initiatives to strengthen our human capital capabilities," GE Asean CEO Stuart Dean told The Malaysian Reserve. Touching on the MRO industry in Malaysia, GEESM MD Suresh Kumar Shunmugam said the company is encouraged by the rapid growth of airline passengers in the region as this will translate into increased opportunities for the MRO sector. "Malaysia is among the top three countries in Asia Pacific for MRO services and will continue to remain a competitive market due its strategic location and accessibility to the region as well as costs and quality of talent." "Some of the biggest carriers such as AirAsia Bhd and Malaysia Airlines are based out of Malaysia and this is further bolstered by progressive government initiatives such as the Economic Transformation Programme and the government's commitment to increase human capital in high-growth sectors such as aviation," he said. GEESM has to date serviced up to 1,000 engines and over recent years, the company has serviced on average up to 100 engines per annum and aims to increase this by 100% by 2016. Suresh said the aviation landscape is fast evolving. Increased competition and rising fuel prices have placed added pressure for airlines to enhance operating efficiency and save on costs and this creates more aggressive customer demands. "Airlines want quicker turnaround at lower cost and to address this, we need teams that are agile and responsive to change," Suresh said.

Meanwhile, Destini Bhd, a marine and aviation MRO player, expects to benefit from the investments into the aviation MRO industry in Malaysia. Group MD Datuk Rozabil Abdul Rahman said the company has taken various initiatives in the past two years to strengthen its position in three key strategic businesses namely aviation, marine and oil and gas (O&G). "We are developing ourselves to be an integrated engineering solutions provider in these sectors and the expansion will diversify our sources of revenue compared to the previous years where the company is highly dependent on the aviation MRO activities." "In addition to Malaysia's operations, Destini also receives income from its overseas operations which now stretches from Dubai to Australia and China to Singapore and our sales reached as far as Brazil and the North Sea." He said, however, going global brings new challenges for Destini as the company needs to continue to develop its capabilities in terms of technology, human resources, financial management and operations in various legal jurisdictions and continuously turning itself into a homegrown multinational company to overcome these global challenges. As for the marine MRO services, Rozabil pointed out that the global market offers good prospects especially in the demand for safety and survival equipment. This is in line with the new regulation set by International Maritime Organisation that all ship operators and owners need to abide by the ruling and change the on/off load hook release systems for lifeboats, which is mandatory from July 1, 2014. "It is estimated that about 190,000 vessels will be affected by this new regulation and this is good news for Destini." Destini provides MRO services for the safety and survival equipment in the aviation and marine sectors and has acquired 51% stake in Vanguard Composite Engineering Pte Ltd, a Singapore-based company involved in the manufacturing of lifeboats and a 100% stake in Techno Fibre Group in October 2013, which is involved in MRO services for the marine sector. Both acquisitions are expected to broaden the company's income base as the companies have businesses that synergise with Destini's core business. According to global business consulting firm Frost & Sullivan, Malaysia is among the three leading countries for the aviation MRO services in the Asia Pacific after Singapore and Hong Kong. The government has set in place incentives and policies with the aim to capture a higher market share in this lucrative industry and position Malaysia as a major global player by 2015 as well as a regional outsourcing centre for Asia Pacific.

http://etp.pemandu.gov.my/Related_Stories--MRO_industry_gearing_for_rapid_global_growth.aspx

***Net cash co, MRO co, O&G co by taking over Samudra, Market player Dato ***** is a man behind, close to Mindef.... apa lagi Destini mau? Jawab nya, Destini mau jalan saja! ***

Wednesday, October 2, 2013

ASAL-USUL MELAYU?

MELAKA, 1 Okt (Bernama) -- Kajian sekumpulan penyelidik sejarah mendapati bangsa Melayu berasal dari Timur Tengah berbanding teori sebelum ini yang menyebut bangsa itu berasal dari Yunan. Presiden Dunia Melayu Dunia Islam (DMDI) Datuk Seri Mohd Ali Rustam berkata kajian 20 tahun itu dilakukan Felo Penyelidik Utama dan Institut Alam dan Tamadun Melayu (ATMA) Universiti Kebangsaan Malaysia (UKM) Prof Emeritus Datuk Dr Nik Hassan Suhaimi Nik Abd Rahman; Pensyarah Fakulti Pengajian dan Pengurusan Universiti Pertahanan Nasional Malaysia Prof Datuk Dr Wan Hashim Wan Teh dan Pengerusi Suara Pribumi Zaharah Sulaiman. Beliau berkata penemuan berkenaan disokong bukti saintifik sekaligus menyanggah penemuan sejarah terdahulu. "Dari segi genetik daripada kajian asid deoksiribonukleik (DNA) yang dilakukan, DNA kita tidak sama dari negara di utara khususnya dari Yunan, DNA orang Melayu ini sama dengan orang Timur Tengah. "Kajian ini penting kerana DNA menentukan keturunan dan asal usul kita, penemuan baharu ini amat kuat dan boleh dipertahankan," katanya kepada pemberita selepas merasmikan Simposium Serantau Asal Usul Melayu Menelusuri Tunjang Melayu di sini, hari ini. Mohd Ali berkata hasil kajian berkenaan telah dibukukan dan bakal diterbitkan untuk tatapan umum. Sementara itu, Dr Nik Hassan Suhaimi berkata teori bangsa Melayu berasal dari Timur Tengah juga dapat dibuktikan melalui tiga lagi pendekatan kajian iaitu ethno-linguistik (bahasa), turun naik paras laut (geologi) dan kebudayaan material (artifak). -- BERNAMA