HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.03

Today's Change

+0.03 (1.50%)

Day's Change

1.99 - 2.04

Trading Volume

4,117,400


68 people like this.

105,319 comment(s). Last comment by Gaussian 1 hour ago

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2022-07-19 18:19 | Report Abuse

it is a waterfall downtrend. 1) MA50 cross below MA90 drop from RM1 to RM0.785 = done last wk. 2) next wk MA50 going to cross below MA200, there will be another sharp drop . 3) the final drop will be MA90 drop below MA200, estimate will happen by end this month/early next month. it is the fear of worldwide recession due to high inflation.

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:21 | Report Abuse

Paktua, gas kentut kot. Wakaka.

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 18:29 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 18:32 |

Post removed.Why?

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:33 | Report Abuse

Paktua... manyak jialat loh. Wakaka.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-19 18:36 | Report Abuse

Saudi kingdom and Putin are ally lah. Haiyoh. Correct?

Posted by BobAxelrod > 28 minutes ago | Report Abuse

Don't play play with Putin. Now Biden kena slap from Crown Price and Putin.......long live Hibby!

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:38 | Report Abuse

Ular, if someone say want to make me a pariah, I also will slap him lah. some more that one is a prince leh. Wakaka.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:39 | Report Abuse

Putin, Saudi, China dah kiss kiss best friends ma.......Biden on bent knees fly to Saudi asking for more Oil, but fist bump and questioning Khosaggi murder.........hahahaha

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:40 | Report Abuse

Bob, south Africa and India as well. Wakaka.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-19 18:40 | Report Abuse

Saudi pun import oil from Putin lagi lah. Sendiri punya oil kasi export. Ini macam ada dapat discounted price and selling own oil at higher market rate. Panlai lah Saudi do business lah. Mana mau increase oil production to lower the oil price lah. Businessman pun tau kira mah. Tak kan Saudi Prince tak tau lah. Correct?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:42 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:44 | Report Abuse

Now Putin is telling Europe in advance.....Ooppps...the tap to turn NS 1 is broken lah....you wait long long aahhh....

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:45 | Report Abuse

China and India is saying.....Russian Oil?....come to papa......hahaha

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:46 | Report Abuse

Bunga Raya boss oledi make official statement Liao. Haiya.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:50 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 18:51 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:52 | Report Abuse

Hibby no need talk 3, talk 4.......straight to the point and within hours..........tabik hormat!

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:53 | Report Abuse

Bob... with Koboi batu api Taiwan, after China also take same action like Putin... how will oil be price arrr? Wakaka.

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 18:56 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 18:57 |

Post removed.Why?

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 18:58 | Report Abuse

Bob, when Russia invaded Ukraine, initially many also don't believe. Wakaka.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 19:00 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 19:02 |

Post removed.Why?

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 19:02 | Report Abuse

Bob, I don't wish China to do the same. but nobody know what will happen if US pushed to far. hahaha.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 19:03 |

Post removed.Why?

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 19:04 | Report Abuse

Sudan currently having civil war. I hope it would not affect Khartoum. else that they will need to shut down.

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 19:06 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 19:08 |

Post removed.Why?

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 19:09 | Report Abuse

Paktua... Russia also seize shell asset in Shakalin. wa ada kawan kerja sana. dia orang pergi sana tak mau balik Malaysia. cakap pimpinan sana semua Miss universe punya standard. jialat.

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 19:10 | Report Abuse

auto correct... pemimpin=pompuan.

anthonytkh

1,802 posts

Posted by anthonytkh > 2022-07-19 19:11 | Report Abuse

What happened to this stock? Why are you guys following this ahole rr67?

StingRay

6,871 posts

Posted by StingRay > 2022-07-19 19:12 | Report Abuse

hahaha... some issue with Sabah state gomen. we follow the counter and not the rr fella loh. Wakaka.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 19:19 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-19 19:50 | Report Abuse

Mgmt alrdy clarify Sabah tax dispute..nicely done

Tax advisor say no need pay tax means no need lo..’taxable goods’ definition very clear ma

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-19 20:43 | Report Abuse

So how esok gap up kah. Nanti Suiyee Sifu mau kejar after that cutloss lagi kah. Haiyoh. Correct?

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 20:46 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 21:01 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 21:16 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 21:16 | Report Abuse

With the Announcement from Hibby, tomorrow would be another different day, hopefully with sweet cupcake angels, sunshines and rainbows.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 21:18 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-07-19 21:20 | Report Abuse

Very humbly and courteously saying........."BRING IT ON!!!"

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 21:45 |

Post removed.Why?

Posted by NatsukoMishima > 2022-07-19 21:49 | Report Abuse

Habis , if WTI also drop due to recession fears then i think 6x sens soon !

harold8990

349 posts

Posted by harold8990 > 2022-07-19 21:53 | Report Abuse

Managed to angkat 0.84 today..finally

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 21:53 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 21:57 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-19 22:12 | Report Abuse

Aiyaa Natsuko just bitter b’coz ride glove wave all the way down

Now everyday go to every red ctr just to troll

PSAi3alert

982 posts

Posted by PSAi3alert > 2022-07-19 22:22 | Report Abuse

The Sabah government is asserting that tax ought to be paid where the extraction is carried out, not at the point where the crude oil is sold.

Section 24 of the Land Ordinance gives Sabah power and authority over its resources. According to the Ordinance, minerals in the land which include mineral oils and petroleum, are reserved for, and owned by the Sabah government, which is also empowered to control, deal and licence its exploration, exploitation and mining.

The Sabah government has collected RM2.458 billion of sales tax on petroleum products, since it was implemented on April 1, 2020 until June 30, 2022. As of June 30 2022, the state government has collected RM808 million or 73 per cent of the estimate for the year.

It will be a separate issue if Hibiscus were to argue that the Kinabalu oil field and the North Borneo Sabah Enhanced Oil Recovery production sharing contract lie outside of Sabah's territorial waters.


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The two subsidiaries, Repsol Oil & Gas Ltd and SEA Hibiscus Sdn Bhd, had refused to make payment after contesting that it sold its crude oil entitlement from the Kinabalu Oil Field at the Labuan Crude Oil Terminal facility “outside the sovereignty and jurisdiction of the state of Sabah” and hence should not be charged the SST.

paktua73

18,357 posts

Posted by paktua73 > 2022-07-19 22:26 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-19 22:42 | Report Abuse

Petroleum Act clearly defines ‘taxable goods’ as oil sold within Malaysia

Mgmt argue they sold oil in Labuan, hence not liable 4 tax

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