Bullish harami candlestick today? interesting payable increased last Q by 351% and this Q by 19% means they owe vendor alot means got big project?

Ryan83 Careplus profit latest 3rd QR falls 92% vs 2nd QR from 105 millions to 8 millions only really not very good financial result

This is because alot of RSS will buy back because the sentiment is good for gloves now.
When the QR is bad.. the more dense the RSS will be in..

Go lucky Happy:
2020 loss 49m when oil price goes -ve.. 2021 profit 104m

sorry zhangzuode.. yes you are right

new QR is out.. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3205086 Page 4.. Profit 104m.. Debt reduced 88% cash increased 72%..

Hibiscus is an E&P company and it is hard to get financing by banks. This explained why they tend to get ratings from Moody's Investors Service. The other options for funding is CRPS which has been in progress for Repsol acquisition.

When Hibiscus announce the dividend it is good to promote the CRPS but bad for mother as in:

1 ) Sophisticated investors (Smart money) may exit mother to hunt for CRPS for lower risk and better promised dividend.
2 ) EPS will drop as EPS = (Net Income - Preferred Dividend) / Shares and instinctive value will drop a bit. Valuator based on previous instructive value will exit.
3 ) Market sentiment based on real time Brent oil price as they often forget that Hibiscus already gain profit if the oil price is above 75USD (Based on previous QR)

for 1,2 and 3, price will accumulate the price to downtrend and back to uptrend when they has been washed out as the oil price will keep increased to a prediction at least 90USD

Glaceau

Carimin cash is 41.48m where Hib is 314.08m
Ive build up an indicator to help you to see the financial summary https://www.tradingview.com/script/tRORpycL-Financial-Doctor/

And Hib beside Sapura is the only E&P company in Malaysia (Oil producer)

https://ir2.chartnexus.com/hibiscuspetroleum/docs/ar/2020.pdf
Page 42 defines the historical price with the oil price and market capital

Petronas carigali is not public company.. Left only 2 counter available for in Oil & Gas Exploration and
Production play that is hibiscus and sapura. This 2 counter has oil well to gain benefits in Brent spike up. With debt on sapura, I'll go for hibiscus.

https://www.hibiscuspetroleum.com/wp-content/uploads/2021/07/HPB-Proposed-Acquisition-of-Repsol-Assets-Final.pdf page 11.. they have been predicting the earnings based on brent price $65.. but now the price reach $84.. yet they has been gaining profit since the past 6 months as the price exceed $65 since then

Thanks for pointing this out. Nice research on comparing the stock price with Brent. However to compare with historical stock price, you forgot to add in the market capital comparison as well. When Brent goes up, only 2 public counter has the oil well (E&P) which is Sapura and Hibiscus. I'll put my money in Hibiscus due to debt issue with Sapura. For Hibiscus already gain alot when the Brent price reach $65. And they has benefit from it since the past 6 months.