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 1 hour ago

klee

3,525 posts

Posted by klee > 2022-08-05 10:28 | Report Abuse

Paktua sudah kasi kiss of death to MM.Hahahahaha.

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 10:29 |

Post removed.Why?

Posted by Investing_Bursa > 2022-08-05 10:36 | Report Abuse

Hahaha MM the biggest loser and liar

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2022-08-05 10:40 | Report Abuse

expect today or Monday SMA 50 death cross below SMA 200 => first sharp drop will follow

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 10:50 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 10:58 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 11:03 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 11:03 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 11:08 |

Post removed.Why?

kahhoeng

3,950 posts

Posted by kahhoeng > 2022-08-05 11:19 | Report Abuse

fainted, don't even know what you guys are talking. For the month Apr-Jun, Brent mostly traded between 100 and 115. As for Tapis, I don't have the record then.

For the month of Jul, Brent mostly traded between 95 and 105 while Tapis crude was traded between 124-132. Right now, Brent is 94 and Hibiscus should be in deep trouble already???

For the month Jan-Mar, Hibiscus made some 50 mil when Brent is between 80 and 95. The lower earning is partially due to shipment not made in time and Repsol acquisition is concluded only at the end of Jan.

We need Apr-Jun earning report to get a better picture on how much Hibiscus can make when Brent is between 80-100+. So, just wait for the quarterly report to come out first lah...

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 11:19 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 11:24 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 11:27 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 11:34 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 11:36 |

Post removed.Why?

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 11:42 |

Post removed.Why?

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 11:50 |

Post removed.Why?

kahhoeng

3,950 posts

Posted by kahhoeng > 2022-08-05 11:57 | Report Abuse

actually, Hibiscus's bottoming depends on current brent oil price. If brent goes lower, so will Hibiscus. The game changer is the quarterly report. Last quarterly report is rather disappointing to most. The result is as if earning not improving despite higher brent, while the reason is actually a shipment not made in time and a write down. So, hopefully, coming quarterly report can show excellent results and best yet, a surprisingly high dividend, say 5 cents per share...

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 11:58 |

Post removed.Why?

Posted by value_seeker > 2022-08-05 12:01 | Report Abuse

The scary thing about all this is that all who shout buy and all who shouted sell have their vested interest. By common sense Hibiscus should be more than 1.5. We must wait till all thing becoming clear before fighting among ourselves. Just walk away and no more fight. Lets it prove itself by end of this year.

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 12:01 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 12:05 |

Post removed.Why?

Posted by PenditaAlam > 2022-08-05 12:06 | Report Abuse

80 sen pasti mari

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 12:07 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 12:08 | Report Abuse

Ya kah. Then good lah. Ular pun ingat it will lah. First time Ular on your side lah. Why leh. Bcos ular quit promoter job already lah. No obligation to promote lagi leh. Haiyoh. Correct?

PenditaAlam

80 sen pasti mari

1 minute ago

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 12:09 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 12:13 | Report Abuse

Vvip nak win Pru 15 lah. Rakyat not happy Bungaraya tak bayar SST lah. Mana boleh tak collect SST bagi rakyat benefit lah. Die die pun nak bungaraya bayar SST plu fine mah. Haiyoh. Correct?

tut tut
only couple week qr will release..think sabah state nak goyang kaki kaa..
vvip also walk away no interest to help..
more crash will come

53 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 12:14 | Report Abuse

Kazak oil minister pun ada cakap OPEC wan 60 -80 so not overheating leh. So that could be the price at the end lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 12:16 | Report Abuse

So scary if koboi keep pump oil like no tomolo nanti. Nanti koboi overpumped again few million per week. How lah. How lah. WTI turun lagi kah. Better pray TiGong popi popi lah. Heart not good one TiGong pun takda popi popi nanti leh. Haiyoh. Correct?

kahhoeng

3,950 posts

Posted by kahhoeng > 2022-08-05 12:20 | Report Abuse

there are two unknown to most interested in Hibiscus.

One is how earning accretive Repsol acquisition is. The management and analysts may have better idea than most others. Coming quarterly report will provide a better picture, and share price could see a upward correction due to this.

The second is the trend of oil price. Currently, the world economy is expected to go into recession and oil price/demand is expected to fall accordingly. Truth, though, the demand for oil is OK right now, why else Biden has to beg Saudi to produce more, a country he described as pariah? Also, fortunately, thanks to Ukraine crisis, oil price has been staying quite strong lately and refuse to drop much and this is not limited to oil price, but gas and coal as well, further showing demand for energy is still strong.

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 12:20 |

Post removed.Why?

kahhoeng

3,950 posts

Posted by kahhoeng > 2022-08-05 12:33 | Report Abuse

Sabah imposing tax is actually a matter of tax collection tussle between Sabah and federal. Oil producers including Hibiscus are merely caught in between the two.

klee

3,525 posts

Posted by klee > 2022-08-05 12:44 | Report Abuse

Management announcement on production increase means it is public info ,all public info will be discounted.Like that also dunno,better go wash jamban .

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 12:46 | Report Abuse

Mgmt alrdy clearly specify Repsol increase Hib production 3x..so profit also should 3x normal level (also need adjust higher oil price + stronger USD)

Oil price trend will remain high..Saudi last nite just increase their ‘spot’ oil price

“SINGAPORE, Aug 4 (Reuters) - Saudi Arabia raised September crude oil prices for Asian buyers to record high levels despite falling refining margins.”

Only oil ‘futures’ getting shorted right now (temporary)..spot market show extremely tight supply

MoneyMakers

7,674 posts

Posted by MoneyMakers > 2022-08-05 12:46 | Report Abuse

Friday usually bullish oil

Expecting oil ‘futures’ rebound tonite (shorts close weekend position) but who knows..just wait&see

paktua73

18,357 posts

Posted by paktua73 > 2022-08-05 12:49 |

Post removed.Why?

rattynz

94 posts

Posted by rattynz > 2022-08-05 12:53 | Report Abuse

I'm very interested to see the effect of gas now being 30% of hibiscus's production on its revenues..this wasn't clear last quarter, and we know that Gas is in very high demand at present as Europe scours the globe to build reserves to ride out winter. Even though oil has dropped (but is still very high), gas is up 60% from the beginning of the month, and thats just spot prices from the US.. Not including the premiums being paid by Europe now to secure supply. So interested to see how this plays out with Hibiscus revenues. I think this current quarter will also be very very profitable..

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 13:01 | Report Abuse

Ya kah. Friday we see lah. Haiyoh. Correct?

MoneyMakers

Friday usually bullish oil

Expecting oil ‘futures’ rebound tonite (shorts close weekend position) but who knows..just wait&see

12 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 13:12 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 13:14 | Report Abuse

Hope the brent oil can settle at usd60 to usd 80 asap as the world tak boleh tahan with high oil price lah. For goodness sake oil giants making berpuluh puluh billion profit at the expense all the users leh. God also need to be fair sikit leh. Look at latest oil giant QR you should be happy for them or hate them leh. Haiyoh. Correct?

cK1973

1,965 posts

Posted by cK1973 > 2022-08-05 13:52 | Report Abuse

Many stil here ka …
Hope lai lo ….
Unker ohhh unker …

cK1973

1,965 posts

Posted by cK1973 > 2022-08-05 13:54 | Report Abuse

Whether your facts n predictions r right or wrong , to me it doesn’t matter.
What’s the purpose of buying shares? Kakakaka …..

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 13:54 | Report Abuse

No hope lah. Promoter vs promoter harga saham turun. Promoter become penkritik harga saham lagi teruk lah. Ini macam 7th sense pun tak tau kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 13:57 | Report Abuse

Purpose to buy saham is to beat the inflation rate. Bcos bank FD not enuf to beat inflation rate. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 13:58 | Report Abuse

Many cakap dia tu investor. Invest tu for long term. When harga saham turun investor pun cry apah cry amah juga. Haiyoh. Correct?

cK1973

1,965 posts

Posted by cK1973 > 2022-08-05 14:04 | Report Abuse

How low u want to suppress the price ? Share sikit la. Kami jugak mau untung sikit ma …. Kasi info sikit ….kikikiki
Tengok paktua , steady ma.., share semua kasi tau .
Masuk , kami masuk ,
Keluar , kami keluar … steady ma …
Tolong la python , kasi info sikit….kikikiki

cK1973

1,965 posts

Posted by cK1973 > 2022-08-05 14:04 | Report Abuse

Swing ma

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-05 14:09 | Report Abuse

Ular no longer in the same boat leh. Ini boat mau karam kah. Nothing to do with Ular also leh. Ular pun hope so lah. Pasal YAB punya heart broken mah. Whole legion of red armies pull out from the battlefield leh. Ular bukan TiGong can help you all leh. You better pai pai TiGong for help leh. Ular jadi promoter cakap tak mau gaduh gaduh pun takda orang mau dengar leh. Apa lagi lu orang mau lah. Haiyoh. Correct?

Posted by Investing_Bursa > 2022-08-05 14:51 | Report Abuse

MM”s ass soon to experience explosive pain. Come come below 80

James_Bond

3,439 posts

Posted by James_Bond > 2022-08-05 14:54 | Report Abuse

Bought hibiscus 0.82… hibiscus is one of the tenbagger stock, not to miss in 2022!

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