Still Hibiscus is not out of danger yet, the SST issues with Sabah is yet to be resolved plus the management of Hibiscus didnt announce any substantial dividend which disappoint lots of investors. 1cent dividend is a joke!!

If you look at other countries Oil and Gas companies such as Exxon, Chevron, Occidental, they announce huge buyback and dividend. So to answer your questions @BobAxelrod, you cant compared WB buying Occidental with Hibiscus (totally different analogy)

My avg cost is around same as yours 83.5cents. Been trading Hibiscus since beginning of year.
Up Sell Down Buy. Suddenly when price goes up rr88 and JohnZhang disappear lol mana boleh??

U believe in oil so much and yet you sell half of your position in Hibiscus few days back?

@BobAxelrod what do you make out of that???

I make out that Warren Buffet is a very rich man lol.
He got unlimited bullets to average down should the need arise. But for us small investors it is totally different story. So his method doesnt apply to us

Next time dont panic sell ok? You are james bond what. A spy should be calm haha

Lol this james bond, cut loss at myeg then myeg price shoot up. Now this guy keep barking lol

Power Hibiscus!!. One of the few counters that is green among the sea of red in Bursa today

@When it is over USD 80 it will surely reduce consumption??

Really since when that happened? Look at oil price between 2011-2014 (around 90-110), did you see reduced consumption during those periods?

Did you drive less in 2011-2014? I surely dont, oil is a necessity expenses whether you like it or not

When Uncle says sell it is time to buy. Nice lah

Managed to reload back at 0.98. With brent move above $90 again, it is looking good for hibby now

@James_Bond
I know you want to collect back Hibiscus at low price after you have sold. Me also same. Managed to sell Hibi at 1.03.

But bad mouthing the stock jst because u already sold is not nice. Karma bites bro

"You want RM5.00 div cheque or 5c increase in share price value?"

Of course rm5.00 div cheque. u type wrongly is it?

Oil rebounded 88.20 +1.59 (1.84%)

who is seller that dump at rm1.01 and rm1.00? the big boys?

Managed to sell at 1.03 with profit.

Want to hold longer but scared.

Now market is too volatile especially with hawkish bearish tone by the Federal Reserve.

Good luck to everyone

Take profit already. Holding since 89cents. Thanks hibby muacchhh

Lol uncle even post wrong chart. Where is the chart for Hibiscus Petroleum oil production chart? Go n sleep lah uncle

Indonesia lifts workers’ entry ban

https://www.thestar.com.my/news/nation/2022/07/29/indonesia-lifts-workers-entry-ban

Hibi now 90cents already where is rr88 now? In hiding?

Posted by paktua73 > 22 minutes ago | Report Abuse

VTrade@Guess who is nearer on 30 Aug closing Price?
Participate:
1. Paktua set rm1.10
2. MM - rm1.22
3- bclassinvest rm1.10
4- anthonytkh rm1.15(by 24Aug)
5- stingray rm1.10
6- Windy1974 rm1.70
7- icecool rm0.80
8- maxprofit2020 rm0.675
9- John Rambo rm1.00
10- Value_seeker-rm1 end July,rm1.80 30 August
11- sdr rm1.12
12- Plato99 69cent
13- Raymond tiru rm1.08
14- harold8990 rm1.10 by 20th August
15- Bobby 1.60 end August 22
16- Witan 1.50 end of 2022
17-
18-
19-
20-

lai lai sapa berani bet



tut tut
lai lai

Macron tells Biden that UAE, Saudi can barely raise oil output

https://www.yahoo.com/entertainment/macron-tells-biden-uae-saudi-165741869.html

Biden worst president in history. How I miss Trump times lol

@rr88 this guys keep badmouthing hibiscus day in day out. lol if u dont believe in the stock why bother posting here. I see you keep promoting Hengyuan. Lol kinda ironic is it?

Hibiscus is to keep long term till at least next quarter. Yes I do believe hibiscus will stay at around 0.90cents range without their Repsol acquisition. But with Repsol, their daily oil and gas production will be tripled easily

Maybank Research 26 May 2022

Hibiscus Petroleum (HIBI MK)
Maintain BUY and MYR1.90 TP

Whilst 3Q22 results were skewed by off-takes timing differences,
Hibiscus is on track to meet our FY estimate, with Repsol being a
prominent feature in 4Q22. Our TP is unchanged, pegged to a USD10/boe
of EV/2P reserves valuation; undemanding relative to peers’ USD18/boe

Expect a sterling 4Q22 performance
Whilst we lowered FY22’s earnings by 5%, adjusting for the North Sabah
impact in 3Q22, we expect Hibiscus to report a strong 4Q22; a 5-fold
QoQ increase in earnings. Our FY23-24 estimates are unchanged. Overall,
Hibiscus remains the best play for a cyclical, rising energy price market.
It is fundamentally sound, financially resilient and offers compelling
growth (3-year NP CAGR of 80%) with undemanding valuations.

Thank you for cheap tickets at 1.30

@CUTLOST
May 17, 2022 9:35 AM | Report Abuse

Sold all 145 Bye bye

Now you say you sold 175 third round?? Hmmm suspicious

Toilet flushing lol

Bought at 0.075 still holding. It is quite easy to earn money from Bursa, where people shout SELL, CUTLOST, RUN in the forum there is when you should buy. When people say BUY, HUAT AH, LIMIT UP AH you should sell accordingly lol

Maybe maybe. But still surprising he dump quite a lot of shares recently. First time he is doing since a longgg time

Why the company director keep disposing?? He know something that we dont??

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 250,000 shares at 1.140 on 31-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 500,000 shares at 1.150 on 30-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 250,000 shares at 1.150 on 30-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 250,000 shares at 1.130 on 29-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 200,000 shares at 1.170 on 29-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 1,000,000 shares at 1.197 on 25-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 1,000,000 shares at 1.230 on 24-Mar-2022.

DATO' SRI ROUSHAN ARUMUGAM (a company director) disposed 1,000,000 shares at 1.210 on 24-Mar-2022.

Why DATO' SRI ROUSHAN ARUMUGAM selling 2.5million shares on 10 and 11 of March? Hmmm weird move by the Hibiscus director

@BennyWhittman nah he didnt invite me. I thought he invited you??

@zhangzuode well with SWIFT sanction in action and more coming soon, not sure what Putin really want to achieve this time around. I mean high oil price is always good with Russia being 2nd largest oil producer in the world but other than that I m not clear about his intentions

brent going to $100 again. putin really crazy

Any idea why oil price drops so much?? Now it is below $90

Hopefully Hibiscus wont drop so much

@zhangzuode now the brent price in oilprice.com is correct cause just now the market is still closed for brent price hence the difference in price. now since it is opened it reflected the drop in price. hope this helps

DickyMe still alive??? 40 cents lol in your dream

Profit and sales also dont know the difference? haiyoh @beinvested

Pfizer made 54Bil dollar profit??? what bunch of nonsense?

Pfizer Forecasts $54 Billion in 2022 Sales From Its Covid-19 Vaccine, Treatment

IT SAYS SALES NOT PROFIT (READ PROPERLY)

https://www.wsj.com/articles/pfizer-forecasts-54-billion-in-2022-sales-from-its-covid-19-vaccine-treatment-11644325656

this uncle forecast is always wrong, last time promoting supermax then bad mouthing steel stocks before he uturn. go home and retire lah uncle stop spreading fake news

But of course lah there will be people in the forum who wants the price to go higher n higher lah.

Who knows maybe they are same people who keep asking to chase high with glove mania in 2020

@kakiminyak u cant say like that. If u r holding supermax at 2.50 now u lose money.
Dont be greedy, dont chase high. Imagine u chase supermax last time till rm15, thought it can go higher n higher. No one expects that time that supermax price can go down below rm2 in less than a year. So what goes up also can come down.

Cant be too greedy in the market, got profit better take it than sorry. Look at hibiscus share price chart since 2014 it is very volatile. Once market is too hot it is time to get out, same w glove in 2020 and tech in 2021, look at their price now

Anyway high oil price will hurt global economy recovery so they cant keep it high for too long

@pang72 my comment stand corrected. Retailers like to chase high hence you guys appear when price shoot up not the other way around lol.

Malaysian retailers really like to chase high. When price drops the forum is so quiet. When price up suddenly the forum is so busy.

Buy low sell high. Not the other way around. Happy CNY

Sold. Good luck to all

Global cases top 1 million for second day, as WHO urges caution

https://www.livemint.com/news/world/omicron-update-global-cases-top-1-million-for-second-day-as-who-urges-caution/amp-11640753130933.html

https://www.thestar.com.my/business/business-news/2021/12/16/chinas-oil-demand-hemmed-in-by-virus-pollution-and-probes

More and more countries annoucing lockdown
https://edition.cnn.com/2021/12/23/china/xian-china-covid-lockdown-intl-hnk/index.html
https://www.independent.co.uk/news/health/lockdown-christmas-2021-2022-b1981521.html

Funny lah this counter yesterday crude oil up so much but Hibiscus not moving

Well OPEC and IEA expect a surplus in oil production as early as 1Q22. So I dont think tight supply will be an issue unless Covid is finally over by next year which I highly doubt so. Even Pfizer expect this Covid will last till 2024.