No need for oil price to be above 55 USD, as long as it steady at this level 55-56 would do the job and prevent Shale Oil over supply. All we need is a steady market price, North sea oil production cost is still below 20USD/bb..

Hibiscus is part of North Sea crude oil supplier, see this article, big demand for oil from North sea to compensate for OPEC cut, this will benefit Hibiscus to sell oil at high price bidders from China..

Monthly shipments of key North Sea grades Brent, Forties, Oseberg and Ekofisk to Asia reached a previous record of 10 MMbbl in October. This compares with an average of about 6 MMbbl a month, or roughly 200,000 bopd, for all of 2016, according to data compiled by Bloomberg.

when looking back to Hibiscus share trading history, it remind me with teh time when Hibiscus share was doing a yo yo between 0.365 and 0.370 for a wekk or 10 days periode,, after that hibiscus immidiatly jumped to 0.405 and continued toward today level.. its about time Hibiscus to free itself from this current yo yo rollercoster and go straight to 0.6 level..

Why PetGAs was dropping fast yesterday..

I am still holding holding perisai,

When the next quarter report will be available?

According to hibiscus latest quarter report, the share value by asset is 0.51 RM, this was based on oil price below 43 USD, now teh brent is at +55 USD, so you do the math and youll see that the current share value is way below the market price..TP at least 0.66..this is my simple guessing..

see link..
https://www.oilandgaspeople.com/news/13113/chinas-inescapable-oil-slide-is-a-record-breaking-opec-gift/

Good sign for oil price uptrend comming from china, China oil production is decreasing by 7%, this will help OPEC to achieve it goal to reduce the market oversupply, Oil price definitly will rise as well as Hibiscus share.. buy before it too late..

As i mentioned yesterday, have confidence in teh company fundamental. Hibiscus product is oil & gas simply teh best...buy if you can and hold if you have it..

no show today ?? any action here?

today closing as it open 0.495. Just a wild guess.

I see no reason to panic, HIBISCUS fundamental are intact, stronger then ever, have full truss in this company, i see the reason why Hibiscus share is droping is only due to teh fact that at 0.475 and above hibiscus climb up very fast, now many share holder want to cash some profit, which is very logical, keep yoru share if you bought at higher price or buy more if yoru budget allow you..futur is bright again this after noon... the show will resume. up with margin

liek Happy new year.. one every Year..

revive la and on its way up....

Hi All, I still hold all my share since two month now,its amaysing I took a time off since 22 Dec 2016 when hibiscus was at 35 c now its 44 cent wawww.. still want to keep my share..

2 to 3 cent a day up is normal for Hibiscus.

buy at 0.39 and don't worry..still enough margin..

HIBI. HAPY..

do nto realy on the Chart, it never work, Hibsicus is a gold mine and will continue as long as the Management are in charge and the oil market is up..so as the share value..this afternoon a new record..

Chart doesn't work for Hibiscus, look to the business fundamental, which are as it best..

already 6 milion share traded at opening session today....lot of buying today.. may hit 100 milion..

I think today will hit 0.405 as minimum..

this is a moment to buy more if possible, as the fair value of teh share is more than 0.44

I am keeping my share as promiss, full truss in Hibisicus..too risky to sell at this moment.

Chears Daren..

Hibiscus proven resilient to sell pressure, stady at 0.380 and may end higher at closing session, lets hope for teh best, tomorrow another important day, oil is still high above 54.90. last 3 month avergae oil price above 53 usd.. comparing to previous quarter of 43 USD... more profit for Hibiscus i guess...

somone is buying at 0.400..good sign for this afternoon session..

bought more at 1.29, very happy, look fwd to see the 1.7 comming soon..

easy to sell and wait for lower entry, but what if the lower entry never show up untill 0.410??? I am holding my share

nothing can hold on when ther is a will tehre is a way..

crosed upward..haha..

4 is just a number..... will be crosed over very fast..

Oil & Gas market is great, many demand for oil..and gas..

oil is up, Anasuria production increased, Ringgit is falling, all this is added income..

based on what?/

FBM no need to repeat old story.. cash flow & income statement are excelent, Investor in this counter are very smart they know what to do, unless you have mroe details you want to share. be specific here.

keep on climbing, no worry.. TP above 0.44

Now all malaysian and forein investor know about the good prestation of Hibiscus..

go for 0.70c come on you can do it.. oil price is up, FPSO are completed..

me too..

Why Sunway keep buy back, when teh share will move up..

1USD = RM4.47... all added profit to Hibisuc

Hibiscus sell GAs as well as Brent oil, average daily production is about 3400 bbd..and equal amount of Gas ..

uplift storm is on the way, buy now before too late..

Hibiscus share is building up for a suprised afternoon action..

30 % of forein investors are here involved and if you convert Hibiscus share to USD or Euro, youll see how cheap and atractive the share is especially with high Dollar value vs Malaysian Ringit and on top of that your are investing in Oil & Gas producer company, the whole world is looking to invest, good job Hibiscus..good Management..

Yesterday..All my trounble seems so far away..enjoy Hibiscus uptrend today..

Where you see a profitable Oil producer company with share value is less than USD 0.08c..

Hibiscus is an exception, it always been an exception...