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.

105,318 comment(s). Last comment by wattsy 10 hours ago

pang72

51,666 posts

Posted by pang72 > 2022-07-25 13:05 | Report Abuse

Another counter attack by karma group.
Avoid in all cost.
Simple je..
Watch movie lo

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 13:07 | Report Abuse

Haiyoh Ah Pang Ah. Why now your turn talk karma kah. Everywhere pun ada orang talk karma. You can decide who get bad or good karma meh. Talk karma again. Haiyoh. Correct?


Posted by pang72 > 41 seconds ago | Report Abuse

Another counter attack by karma group.
Avoid in all cost.
Simple je..
Watch movie lo

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 13:08 | Report Abuse

Here talk judi lah. Talk karma siapa nak dengar lah. Kakijudi bother karma ke. Haiyoh. Correct?

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-07-25 13:09 | Report Abuse

The promoters must ask themselves why Q1 2022 results so bad despite average Brent price at $101 ?

PBT was RM330 mil which is inclusive of RM317 mil negative goodwill on consolidation of Repsol. If you exclude it, PBT Q1 2022 for operations was merely RM13 mil ( RM330-317 mil) !!!!
PAT operationally excluding the goodwill on consolidation is a loss of $10 mil!
Repsol SA purchase was completed on 24/1/2022. More than 2 months of repsol's results was consolidated in the QR!

Promoters pls give explanation lah …

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 13:11 | Report Abuse

Haiyoh Ah John Ah. promoters pun ada cakap wtg for QR out mah. How to answer you lah. Report keluar baru tau mah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 13:13 | Report Abuse

HY dah masuk longkang. Now want bungaraya juga masuk longkang juga kah. Macam ni tit for tat kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 13:15 | Report Abuse

HY downstream vs Bungaraya upstream. Sometime may not have the same result mah. Why insist must be the same leh. If the same why called downsteam and upstream leh. Of course ada different mah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 13:17 | Report Abuse

Ok lepak pun cukup. Mau makan korean ramen for lunch liao lah. Haiyoh. Correct?

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-07-25 13:18 | Report Abuse


Pak Ular, When I make money I am not going to share with him. Likewise, if I lose money it is all mine too. Where’s the need to declare?
Why so busybody want to know if other people make or lose ?

Only ill hearted MM has wishful thinking to see people lose money.
——————

Posted by UlarSawa > 5 minutes ago | Report Abuse

If you didnt lose at HY then terus cakap lah. If you tak cakap how ppl know you didnt lose lah. Haiyoh. Correct?

Posted by NatsukoMishima > 2022-07-25 13:21 | Report Abuse

WTI will head to usd 8x , hibiscus = 6x sens coming soon !

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-07-25 13:23 | Report Abuse

Hib sudah masuk longkang juga. Akan jatuh lagi dalam…. Correct? Hehehe

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 13:23 | Report Abuse

Aiyaa JohnZhang if didnt lose much in hengyuan then why soo angry at me?? Nonstop spamming here somemore

Ur actions speak louder than words

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 13:25 | Report Abuse

Aiyoo JohnZhang u never read QR properly meh

Q1 didnt capture Repsol production yet..somemore less oil order/delivery pending Repsol deal completion

See QR pg13 alrdy clarify:

“Had the FIPC Group been acquired on 1 July 2021, the Group’s revenue and PAT for the Current Period would have been RM1,321.1 million and RM541.4 million respectively.”

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 13:30 | Report Abuse

alamak... more and more info being reveal. my pukat at bottom there seems like cannot cash fish Liao. Haiya.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-07-25 13:32 | Report Abuse


Aiyoo, you can’t even understand QR! ‘Would have been’ is like your wishful thinking lah . Still don’t understand? Hehehe
—-//
Aiyoo JohnZhang u never read QR properly meh

See QR pg13 alrdy clarify:

“Had the FIPC Group been acquired on 1 July 2021, the Group’s revenue and PAT for the Current Period would have been RM1,321.1 million and RM541.4 million respectively.”

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-07-25 13:33 | Report Abuse

Look at actual results delivered. No use to listen ‘would have been ‘….

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 13:37 | Report Abuse

John, just a question... acquiring Repsol, don't need to use money kah? where does the money come from? or basically Repsol is free? Haiya.

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 13:40 | Report Abuse

Aiyoo JohnZhang mgmt basically use Repsol production capacity (known info) & Q1 oil price to estimate Q1 profit (if Repsol acquisition was finalised earlier)

If mgmt calculation also dont believe then hard lo aiyoyo

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 13:43 | Report Abuse

MM, Repsol output 50% is LNG loh. not entirely crude oil. Haiya.

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 13:53 | Report Abuse

Aiyaa oil/gas interchangeable..just online forum chitchat, not AGM no need soo specific

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 13:54 | Report Abuse

pricing mechanism different. you were using "tapis" pricing for all? Haiya.

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 13:57 | Report Abuse

as for guesstimate as what you guys mentioned, I don't think Bungaraya will simply tembak lah. probably the numbers are from Sersol with supporting claim from their production. want to get in trouble meh? Haiya.

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 14:13 | Report Abuse

This sleeping giant just waiting explosive QR nxt month..then can limit up/re-rating

Now just need patience..let it play at this range 4 now

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:14 | Report Abuse

Halo Halo. Ular balik from makan. Makan Korean ramen pun normal food only. Why sini ada talking more technical thing kah. Ular pasang telinga listen Sifu teaching again. Oil Specialist open class teaching Ular like more more leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:16 | Report Abuse

Sifu how Sersol itu apa benda. Itu company related with Bungaraya kah. Ular tak tau leh. Haiyoh. Correct

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:16 | Report Abuse

Ular... no lah. I just toss coin only. anyong haseyo. Wakaka.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:18 | Report Abuse

Repsol LNG kah. Then not tapis oil kah. How to count revenue and sales if LNG start production lah. Bila start. Repsol takeover completed already kah. Ada news confirmed already kah. Anyone know. Haiyoh. Correct?

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:18 | Report Abuse

woi... tapis from Terengganu lah. Haiya. Wakaka.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:19 | Report Abuse

Oh ic sifu.. Trengganu oil panggil tapis. Then sabah one apa oil. Haiyoh. Correct?

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:20 | Report Abuse

Sabah got many oil lah .. minyak cap kapak, minyak kelapa sawit. Haiya.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:21 | Report Abuse

KUALA LUMPUR (Jan 25): Hibiscus Petroleum Bhd said on Tuesday (Jan 25) that its indirect wholly-owned subsidiary Peninsula Hibiscus Sdn Bhd had successfully completed the acquisition of the entire equity interest in Fortuna International Petroleum Corporation (FIPC) from Repsol.

Hibiscus Petroleum noted in a statement that out of the purchase price of US$212.50 million (about RM890.06 million), the net amount paid at completion was US$123.65 million after taking into account various adjustments, including the deposit paid of US$15 million.

It said that the completion came shortly after all conditions were fulfilled as announced on Jan 20, 2022.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:24 | Report Abuse

Sudah bayar then can take in production right. Need so long belum lagi take in production meh. Finger crossing lah. ada report sales revenue from repsol lah. then revenue pun increase alot lor. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:25 | Report Abuse

Sifu like this answer reputation mau taruk mana leh. kepala pening pakai punya minyak cap kapak kah. Correct?

Posted by StingRay > 3 minutes ago | Report Abuse

Sabah got many oil lah .. minyak cap kapak, minyak kelapa sawit. Haiya.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:27 | Report Abuse

MM you predict over a bil revenue macam alot leh. 3 folds from last qtr leh. Very tough job ini macam leh. Ular pun not very can accept lah. Haiyoh. Correct?

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:28 | Report Abuse

Wakaka... no need to go into detail lah. pricing mechanism manyak pening. MOPS lah... Nymex lah... Haiya.

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:29 | Report Abuse

now I just want to know if my pukat can get fish or not. fish now very expensive. Wakaka

pang72

51,666 posts

Posted by pang72 > 2022-07-25 14:34 | Report Abuse

Ular,
I am observing karma group here to attack people.
I am not karma group and I will not talk about karma in stock because my sifu teaches FA and TA but no karma inside the learning.

KooSan

552 posts

Posted by KooSan > 2022-07-25 14:40 | Report Abuse

Ok ...to be fair wa rasa itu bunga raya sudah sampai support. Itu musang selalu cakap - The price chart cannot lie. Ini musang tua. Bukan musang king.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:41 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 14:42 | Report Abuse

Aiyoo Ular u forgot wear glasses after lunch issit..where got i give revenue projection

I only quote mgmt give this projection in QR - “Had the FIPC Group been acquired on 1 July 2021, the Group’s revenue and PAT for the Current Period would have been RM1,321.1 million and RM541.4 million respectively.”

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:42 | Report Abuse

Sifu harga apa pun naik leh. Tak kan bungaraya harga turun mah. Ular also dapat ikan already. Dont kira too much nanti tak dapat ikan lah. Haiyoh. Correct?

Posted by StingRay > 11 minutes ago | Report Abuse

now I just want to know if my pukat can get fish or not. fish now very expensive. Wakaka

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:43 | Report Abuse

MM... one more thing that you may want to find out. their production has increase. can confirm?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:46 | Report Abuse

Sound like you pun chg your attitude leh. Ok. Can chg also not a bad thing lah. Correct?

Posted by KooSan > 4 minutes ago | Report Abuse

Ok ...to be fair wa rasa itu bunga raya sudah sampai support. Itu musang selalu cakap - The price chart cannot lie. Ini musang tua. Bukan musang king.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:47 | Report Abuse

Sori sori tak nampak your report itu per annum per qtr. Forgot to divide by 4 if per annum lah. So per annum or per qtr. Now bungaraya control 100% equity liao leh. Thousand apologies. Haiyoh. Correct?

Posted by MoneyMakers > 26 seconds ago | Report Abuse

Aiyoo Ular u forgot wear glasses after lunch issit..where got i give revenue projection

I only quote mgmt give this projection in QR - “Had the FIPC Group been acquired on 1 July 2021, the Group’s revenue and PAT for the Current Period would have been RM1,321.1 million and RM541.4 million respectively

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-07-25 14:49 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:52 | Report Abuse

MM really kah. Per qtr kah. Walao jia beh liao lor. Ular mau tambah staking lagi leh. Haiyoh. Correct?

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:52 | Report Abuse

Thanks MM. I just want confirmation only. so I too can project their number. hahaha.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-07-25 14:58 | Report Abuse

Sifu Ular picked up 2 batches liao. Like this you make the projection number higher sikit ok. Kasi Ular shiok sikit leh. Haiyoh. Boleh?

StingRay

Thanks MM. I just want confirmation only. so I too can project their number. hahaha.

4 minutes ago

StingRay

6,871 posts

Posted by StingRay > 2022-07-25 14:59 | Report Abuse

Aiyooo... you think I suiyee accountant simply cook book kah? Haiya.

pang72

51,666 posts

Posted by pang72 > 2022-07-25 15:04 | Report Abuse

Ular,
Don't link my name to karma group.
I am worry will buy what drop... like them

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