Posted by StingRay > 2022-07-26 17:59 | Report Abuse

kah kah kah... Paktua target only RM1.10. that one also enough for many KFC. want to go above RM1.20, that is bonus mah. what is important is to make money. no meh? Haiya.

Posted by birdparadise > 2022-07-26 18:00 |

Post removed.Why?

Posted by anthonytkh > 2022-07-26 18:04 | Report Abuse

Yeah man, Sting. Friday is a special day. We see whether the nuts get hit and then whether Dick still can stand!

Posted by StingRay > 2022-07-26 18:05 | Report Abuse

Wakaka Anthony. that image you put into my imagination caused me to split the coffee in my mouth. Wakaka.

Posted by StingRay > 2022-07-26 18:06 | Report Abuse

I mean spill. Wakaka.

Posted by VTrade > 2022-07-26 18:15 | Report Abuse

Sini tengah party. Most hot forum

Posted by StingRay > 2022-07-26 18:16 | Report Abuse

Not too hot lah. after fire start and many will get burnt mah. Haiya.

Posted by anthonytkh > 2022-07-26 18:19 | Report Abuse

Johnnie better be good lor…

Posted by StingRay > 2022-07-26 18:20 | Report Abuse

Anthony, nevermind ah John lah. one day, may also take the same bus. Haiya.

Posted by MoneyMakers > 2022-07-26 21:02 | Report Abuse

Want see rm1.2 again - wait either (1) QR profit 250Mil or (2) Brent usd120 again

Both scenario possible

Posted by twynstar > 2022-07-26 22:39 | Report Abuse

What Is Value Investing?


https://klse.i3investor.com/blogs/kcchongnz/2022-07-26-story-h1626969923-What_Is_Value_Investing.jsp

Posted by twynstar > 2022-07-26 22:41 | Report Abuse

OPEC+ Is Now 2.84 Million Bpd Below Its Oil Production Target


As OPEC+ is unwinding its cuts, more and more members are falling further behind their quotas due to a lack of capacity or investment in supply. In June, the compliance rate at the OPEC+ group soared to 320% from an estimated 256% in May,


https://oilprice.com/Latest-Energy-News/World-News/OPEC-Is-Now-284-Million-Bpd-Below-Its-Oil-Production-Target.html

Posted by rattynz > 2022-07-26 22:53 | Report Abuse

So much for the argument that oils gonna crash.. https://oilprice.com/Latest-Energy-News/World-News/OPEC-Is-Now-284-Million-Bpd-Below-Its-Oil-Production-Target.html

Posted by rattynz > 2022-07-26 23:10 | Report Abuse

Gas is also up to US$9.2 from US$5.4..guees who benefits from that..I guess it helps that Hibi has spent the last few years adding significant value to shareholders by acquiring assets.. assets that produce and were bought at bargin base prices without significant leveraging ..perhaps that's why the business isn't worth 20 cents or even 87 cents anymore.. The sum of all parts are worth much more..all the naysayers please find me a business with no debt.. Making rm100 mill plus month free cash flow which is only worth 1.7 billion and has assets three times that.. John waiting for all ur wisdom rather than fear mongering.. Let's see what the next two quarters results hold..RM600 million FCF i bet.. Tell me again it's worth 20 cents...sell me alm your shares at that...pleaseeee..I buy all

Posted by rattynz > 2022-07-26 23:10 | Report Abuse

5.4 to 9.2 this month!

Posted by DoggieInvestor > 2022-07-26 23:45 | Report Abuse

i thought HIBICUS recently sold off one of its oil field ???? not a not so bullish signs ????
buy Occidental Petroleum la....follow uncle buffett

Posted by rattynz > 2022-07-27 07:04 | Report Abuse

It's sold a a part stake in a discovery made in Australia it was never going to develop..I'd call that smart business.. Assets in the UK are being developed sooner than originally planned cos of euro energy crisis fast tracked govt approvals with first oil expected late 2024.. They own the assets outright but are looking for a partner to take a stake and essentially finance the whole thing..again a smart move, not taking on any debt/risk

Posted by sailang_now > 2022-07-27 07:31 | Report Abuse

Morning...tut tut

Posted by paktua73 > 2022-07-27 08:11 |

Post removed.Why?

Posted by paktua73 > 2022-07-27 08:36 |

Post removed.Why?

Posted by paktua73 > 2022-07-27 08:46 |

Post removed.Why?

Posted by VTrade > 2022-07-27 08:46 | Report Abuse

Berani macam bull

Posted by paktua73 > 2022-07-27 08:58 |

Post removed.Why?

Posted by paktua73 > 2022-07-27 09:31 |

Post removed.Why?

Posted by paktua73 > 2022-07-27 09:39 |

Post removed.Why?

Posted by paktua73 > 2022-07-27 09:55 |

Post removed.Why?

Posted by nicholas99 > 2022-07-27 11:32 | Report Abuse

later macam topglove. explosive earning but dropping.. haha

Posted by MoneyMakers > 2022-07-27 11:47 | Report Abuse

More likely follow topglov2020

Explosive QR + high ASP/oil price = limit up haha

Posted by air01557 > 2022-07-27 12:04 | Report Abuse

Pak Tua big time CONMAN - be careful

Posted by kahhoeng > 2022-07-27 12:13 | Report Abuse

Based on the latest quarterly report, a total of 2.072 mil barrel of oil&conden and 507 thousand boe of gas were sold from Q1 to Q3. Another 1.41 mil barrel of oil&conden and 659 thousand boe of gas will be sold Q4. Q1 to Q3 generated some 150 mil profit at a much lower average price, so Q4's earning should be explosive. While Q4 (Apr, May and Jun) oil price is basically known to be above 110 on average, Jul‘22 price is also known to be above 110 (Tapis) which is basically very bullish for oil producer. Yet, Hibiscus is performing so terribly as if everything is close to collapse, wonder what went wrong?

Posted by StingRay > 2022-07-27 12:17 | Report Abuse

because shorties in play.

Posted by paktua73 > 2022-07-27 12:21 |

Post removed.Why?

Posted by paktua73 > 2022-07-27 12:29 |

Post removed.Why?

Posted by UlarSawa > 2022-07-27 14:05 | Report Abuse

YAB OMG arini no more 80/100 kah. Promoters takda kerja kuat ini macam kah. How lah. How lah. Ular zipped the mouth. Cannot be a promoter leh. Haiyoh. Correct?

Posted by paktua73 > 2022-07-27 14:07 |

Post removed.Why?

Posted by UlarSawa > 2022-07-27 14:09 | Report Abuse

YAB Ular bisu lah. Em Em. Em Em. Haiyoh. Correct?

Posted by UlarSawa > 2022-07-27 14:18 |

Post removed.Why?

Posted by UlarSawa > 2022-07-27 14:19 | Report Abuse

Biden capitalising on the oil price to earn from their allies kah. Haiyoh. Correct?

Posted by StingRay > 2022-07-27 14:21 | Report Abuse

wah... koboi do komplot sorok kah? Haiya.

Posted by UlarSawa > 2022-07-27 14:22 | Report Abuse

The federally-owned oil stocks are stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico. The sheer size of the SPR (authorized storage capacity of 714 million barrels) makes it a significant deterrent to oil import cutoffs and a key tool in foreign policy.

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

SPR oil is sold competitively when the President finds, pursuant to the conditions set forth in the Energy Policy and Conservation Act (EPCA), that a sale is required. Such conditions have only existed three times, most recently in June 2011 when the President directed a sale of 30 million barrels of crude oil to offset disruptions in supply due to unrest in Libya. During this severe energy supply interruption, the United States acted in coordination with its partners in the International Energy Agency (IEA). IEA countries released altogether a total of 60 million barrels of petroleum.

Posted by Gen2 > 2022-07-27 14:48 | Report Abuse

USA itself consumed almost 20 million barrels of oil per day. 60 million is enough for 3 days. Good!

Posted by UlarSawa > 2022-07-27 14:58 | Report Abuse

EIA’s preliminary data for 2021 indicates that U.S. total petroleum production averaged about 16.582 million barrels per day (b/d), which included:

crude oil—11.185 million b/d
natural gas liquids—5.397 million b/d
biofuels and oxygenates—1.145 million b/d
refinery processing gain—0.954 million b/d
Total U.S. petroleum consumption (reported as product supplied) averaged about 19.782 million b/d in 2021. The difference between petroleum consumption and production is mainly composed of net imports (imports minus exports) of petroleum and changes in petroleum inventories.

Posted by UlarSawa > 2022-07-27 15:01 | Report Abuse

How much oil does the US produce in 2022?
NEW YORK, May 10 (Reuters) - U.S. crude oil output is expected to rise 720,000 barrels per day to 11.91 million bpd in 2022, the government said in a monthly forecast on Tuesday.10 May 2022

Posted by UlarSawa > 2022-07-27 15:02 | Report Abuse

Libya Raises Oil Production To 1.1 Million Bpd
By Tsvetana Paraskova - Jul 26, 2022, 11:00 AM CDT
Libya, plagued by port blockades and protests at oil facilities in recent months, has now managed to raise its oil production to 1.1 million barrels per day (bpd), the oil minister of the Tripoli-based government said in a text message sent to Reuters on Tuesday.

Libya’s oil production has recovered in recent days after the country resumed oil exports last week. Last Wednesday, the first tankers arrived in Libya to load oil for export, ending a force majeure on key oilfields and ports th

Posted by UlarSawa > 2022-07-27 15:03 | Report Abuse

8 billion barrels: Sinopec cheers major shale oil discovery in eastern China
More exploration and appraisal needed to confirm size of recoverable reserves

Posted by UlarSawa > 2022-07-27 15:04 | Report Abuse

Oil output in biggest US shale oil basin predicted to rise in August to highest on record

Posted by UlarSawa > 2022-07-27 15:05 |

Post removed.Why?

Posted by UlarSawa > 2022-07-27 15:17 | Report Abuse

2023 baru replendish the stock back to SPR. Buying time mah. Haiyoh. Correct?

Posted by UlarSawa > 2022-07-27 15:18 | Report Abuse

The United States was a total petroleum net exporter in 2020 and 2021
In 2021, the United States exported about 8.63 million barrels per day (b/d) and imported about 8.47 million b/d of petroleum,1 making the United States an annual total petroleum net exporter for the second year in a row since at least 1949. Total petroleum net exports were about 0.16 million b/d in 2021, and total petroleum net exports in 2020 were 0.63 million b/d. Also in 2021, the United States produced2 about 18.66 million b/d of petroleum and consumed3 about 19.78 million b/d. Even though U.S. annual total petroleum exports were greater than total petroleum imports in 2020 and 2021, the United States still imported some crude oil and petroleum products from other countries to help to supply domestic demand for petroleum and to supply international markets.

The United States remained a net crude oil importer in 2021, importing about 6.11 million b/d of crude oil and exporting about 2.90 million b/d. However, some of the crude oil that the U.S. imports is refined by U.S. refineries into petroleum products—such as gasoline, heating oil, diesel fuel, and jet fuel—that the U.S. exports. Also, some of imported petroleum may be stored and subsequently exported.