HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

1.92

Today's Change

0.00 (0.00%)

Day's Change

1.90 - 1.93

Trading Volume

663,400


68 people like this.

105,282 comment(s). Last comment by NinjaInPyjamas 2 hours ago

Posted by Six6thsense > 3 weeks ago | Report Abuse

Haha. Can go holland now. Bye

Posted by Sangranghaeyo > 3 weeks ago | Report Abuse

Snipe below RM2 then ..

Gaussian

3,122 posts

Posted by Gaussian > 3 weeks ago | Report Abuse

Buy lol

StarOfTheBull

8,002 posts

Posted by StarOfTheBull > 3 weeks ago | Report Abuse

Walaueh, oil crashes.

Gaussian

3,122 posts

Posted by Gaussian > 3 weeks ago | Report Abuse

Gone case lol

Gaussian

3,122 posts

Posted by Gaussian > 3 weeks ago | Report Abuse

Run run run. lol

Posted by NinjaInPyjamas > 3 weeks ago | Report Abuse

Aiyo oil price now still so much higher than 2017-2019, where got low. Production volume also higher but crude oil mix has dropped to 50% and 50% gas. Only thing lower is the share price of Hibiscus vs that period.

Posted by learner9 > 2 weeks ago | Report Abuse

oil up and 5199 drops.

kl_guy

1,596 posts

Posted by kl_guy > 2 weeks ago | Report Abuse

when main stream media say sell . u better do opposite . Most of the time , they pay to write up story so that fund manager can collect cheap . It is better look at the chart to determine entry than reading news to decide buy or sell.

Gaussian

3,122 posts

Posted by Gaussian > 2 weeks ago | Report Abuse

Run run run

kl_guy

1,596 posts

Posted by kl_guy > 2 weeks ago | Report Abuse

brent have move back usd 75. Hibiscus show triple bottom in chart.
we might see a recovery on hibiscus stock price

Gaussian

3,122 posts

Posted by Gaussian > 2 weeks ago | Report Abuse

Run run run

Posted by Six6thsense > 2 weeks ago | Report Abuse

Have another 4 years time to bloom in a dirty world

Posted by Mitch0822 > 1 week ago | Report Abuse

RM1.50 soon?

Gaussian

3,122 posts

Posted by Gaussian > 1 week ago | Report Abuse

Run run run

ZoeZoe

243 posts

Posted by ZoeZoe > 1 week ago | Report Abuse

if you compare Hibiscus price with Brentcrude, this current price is when Brent is around 70usd. Either the market is over-reacting or this is washing weak holders? Hibiscus makes profit when Brent is 65usd and above..... unless it slips below that i don't think there should be panic sell. but might need to wait for now with Trumps new policy!

Posted by Sangranghaeyo > 1 week ago | Report Abuse

Greedy when others are fearful ?

Gaussian

3,122 posts

Posted by Gaussian > 1 week ago | Report Abuse

Run run run

cheeseburger

2,870 posts

Posted by cheeseburger > 1 week ago | Report Abuse

sell before too late. Is down trend now.

Posted by Six6thsense > 1 week ago | Report Abuse

Its ok. Waiting ghost story

Gaussian

3,122 posts

Posted by Gaussian > 1 week ago | Report Abuse

Run run run

NESARAJAH1

403 posts

Posted by NESARAJAH1 > 1 week ago | Report Abuse

Gaussian Run Run Run. Please Run away from the forum. Low IQ with only one syllabus. Run

Gaussian

3,122 posts

Posted by Gaussian > 1 week ago | Report Abuse

Hahhaa I was right all along when I call run. lol

mf

29,187 posts

Posted by mf > 1 week ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,902.45

-390.68

0.88%

Nasdaq

NASDAQ Composite

19,271.83

-26.93

0.13%

Gaussian

3,122 posts

Posted by Gaussian > 1 week ago | Report Abuse

Run run run

Posted by Sangranghaeyo > 6 days ago | Report Abuse

Buy on weakness ..
https://theedgemalaysia.com/node/733900

ZoeZoe

243 posts

Posted by ZoeZoe > 6 days ago | Report Abuse

Wow Public Bank gave such a low target price for Hibiscus. That is back to Covid days! just horrible. The only catalyst is to wait for the China recovery

STFUrr88

21 posts

Posted by STFUrr88 > 6 days ago | Report Abuse

Nuts analyst with nuts prediction. I dare them to press to that price so that I can enter more

StarOfTheBull

8,002 posts

Posted by StarOfTheBull > 6 days ago | Report Abuse

If oil below USD70 it will be very bad for upstream oil and gas companies. Hopefully not.

Gaussian

3,122 posts

Posted by Gaussian > 5 days ago | Report Abuse

Run run run

Income

12,395 posts

Posted by Income > 5 days ago | Report Abuse

Still okay?

Gaussian

3,122 posts

Posted by Gaussian > 2 days ago | Report Abuse

Run run run

Posted by NinjaInPyjamas > 2 days ago | Report Abuse

The price of hibiscus is partly due to the short selling by funds. Similar to the gloves shorting past years. Difference in situation is Hibiscus capacity is expanding n making good cashflows while the glove making are cutting the capacity due to oversupply. Look at what the price Harta now, is almost 100% increased. Same will happen here but maybe more.

Phoebe

461 posts

Posted by Phoebe > 2 days ago | Report Abuse

QR release. Revenue and PAT dropped 30%+. Didn't look into the details.

Posted by Six6thsense > 2 days ago | Report Abuse

Ghost story. Run run run

STFUrr88

21 posts

Posted by STFUrr88 > 2 days ago | Report Abuse

Production is 16kbbl/d due to various unplanned and planned maintenance. Production has from Oct onwards increase to 27kbbl/d. It's so easy to project it's profit based on production. Basically even at current low Brent price, profit will top 100-120 mill/qr. Most importantly cash flow didn't even drop but increase after the acquisition which strongly suggests that all future and ongoing projects will be carried out

Income

12,395 posts

Posted by Income > 2 days ago | Report Abuse

This bunga very pretty

Gaussian

3,122 posts

Posted by Gaussian > 2 days ago | Report Abuse

Run run run

Gaussian

3,122 posts

Posted by Gaussian > 1 day ago | Report Abuse

Shit WW3 is coming lol

Gaussian

3,122 posts

Posted by Gaussian > 1 day ago | Report Abuse

Run run run

ZoeZoe

243 posts

Posted by ZoeZoe > 1 day ago | Report Abuse

based on this current price 1.90, it is around 0.75 before consolidation. During covid time, when Brent was 65 per barrel it was around 0.66. Imagine with the expansion of business and increase in Brent but the price is only 0.75. Undervalued

STFUrr88

21 posts

Posted by STFUrr88 > 1 day ago | Report Abuse

This hibiscus is a marathon stock. We knew it's undervalued. We knew the company is doing SBB aggressively by which they have accumulated almost 5% from open market so far. It's always a matter of time before the shorties, traders and gut-less minority realise it's impossible to push it down somemore

Ravetidus

137 posts

Posted by Ravetidus > 1 day ago | Report Abuse

Trump is going to "drill baby drill" next year

twynstar

362 posts

Posted by twynstar > 23 hours ago | Report Abuse

Management team started mentioning " privatization, mergers or takeover" due to extremely undervalued

STFUrr88

21 posts

Posted by STFUrr88 > 20 hours ago | Report Abuse

Good to know twynstar. At current rate of SBB, easily by next qr the total amount of SBB will be more than 10%. Anything would be possible with minimal amount of floating shares in the market and such a depressed share price will only make everything more feasible be it privatisation or takeover.

Posted by Alextan916 > 8 hours ago | Report Abuse

natural gas has started flying high, anyone knows how this contribute to profit?

Posted by Six6thsense > 5 hours ago | Report Abuse

You will get rich in 3 months time

STFUrr88

21 posts

Posted by STFUrr88 > 3 hours ago | Report Abuse

Yes. Next qr u shall see hibiscus reap the reward from it's expansion

Posted by NinjaInPyjamas > 2 hours ago | Report Abuse

India, Africa, South America will continue to use more oil and coal. While develop countries will need more natural gas for power generation if they want to use more EV while using more petrol n diesel hybrids. China will use more of both.

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