HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.00

Today's Change

0.00 (0.00%)

Day's Change

1.99 - 2.03

Trading Volume

2,530,100


68 people like this.

105,315 comment(s). Last comment by STFUrr88 13 hours ago

zhangzuode

254 posts

Posted by zhangzuode > 2022-08-25 08:36 | Report Abuse

German Green - climate change RULE - current conflict in ukraine is god send to the green so that they can push the green agenda in earnest.
https://www.zerohedge.com/political/green-party-official-tells-germans-use-washcloths-instead-taking-showers

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-25 08:39 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2022-08-25 08:43 | Report Abuse

I have nothing against Hibby. In fact on and off I do trade Hibby for my free lunch.

Windy1974

743 posts

Posted by Windy1974 > 2022-08-25 08:46 | Report Abuse

Indeed you are right about wasting parents money
How Do You Know If a Stock Is Growth or Value? What Is a Growth Stock? A growth stock is any share in a company that is anticipated to grow at a rate significantly above the average growth for the market. These stocks generally do not pay dividends.
Growth Stock Definition

www.investopedia.com/terms/g/growthstock.asp

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 09:00 | Report Abuse

Another meaning growth stock is goreng stock kah. After pushing up the price and ending pun takda growth so much then sell down lah. Ini macam lah. Is Bungaraya is like this kah. Everyone judi for capital gain instead of wtg for divvy kah. divvy berapa sen only. Capital gain is the one kakijudi looking for lah. Correct?

Sslee

6,901 posts

Posted by Sslee > 2022-08-25 09:05 | Report Abuse

Aiyoyo ular itu growth stock is like Tesla, no dividend but give you stock split.

Sslee

6,901 posts

Posted by Sslee > 2022-08-25 09:07 | Report Abuse

Itu Tesla tiap tiap quarter ada revenue growth but profit itu belakang kira.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 09:09 |

Post removed.Why?

Windy1974

743 posts

Posted by Windy1974 > 2022-08-25 09:10 | Report Abuse

Sslee likes value stock that's why he become top 30 of Insas. Sorry, need to poke you Sslee haha

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 09:12 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2022-08-25 09:13 | Report Abuse

Haha 50% in Insas and another 50% ikut ular judi judi for free KFC.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 09:15 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 09:23 |

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Sslee

6,901 posts

Posted by Sslee > 2022-08-25 09:24 | Report Abuse

Itu Insas salah saya sudah naik RM 1.20 pun saya taklah jual. Untung sudah jadi rugi. Mesti berlajar lagi dengan ular ada untung ambil untung.

BeeNeutral

106 posts

Posted by BeeNeutral > 2022-08-25 09:26 | Report Abuse

Foreign fund must play some role now in it

papaya

3,086 posts

Posted by papaya > 2022-08-25 09:34 | Report Abuse

tarak payah tunggu div.....beli semalam....skrg boleh jual....trus dapat div sama fd satu tahun......kikikikikikih

ks5S

4,601 posts

Posted by ks5S > 2022-08-25 09:41 | Report Abuse

Hong Leong analysts tp 1.63

ks5S

4,601 posts

Posted by ks5S > 2022-08-25 09:41 | Report Abuse

buy loh

birdparadise

1,468 posts

Posted by birdparadise > 2022-08-25 09:41 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 09:44 |

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papaya

3,086 posts

Posted by papaya > 2022-08-25 09:45 | Report Abuse

Tentatively, Hibiscus is targeting at a total offtake volume of 7.2-7.5m boe for FY23 (vs. 4.6m boe for FY22).

gooood........

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 09:46 |

Post removed.Why?

rr88

6,532 posts

Posted by rr88 > 2022-08-25 09:51 | Report Abuse

1. Sell 1.00
2. 1.01 is the 16 march 2022 low acting as a stiff major resistance.
3. Imbalance of buyers n sellers volume in order queues where more people are eager to sell on strength.
4. Failure to take out this 1.01 resistance wud expose it vulnerable to come down n break its 0.81 low. Downside is huge from here.
5. It must unfold its full downtrend technical move from 1.49 to 0.55 before it can move higher than 1.03 and higher than 1.49.
6. In other words, it will slaughter you all first before making a bullish sustained uptrend.

Verdict: SELL !

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 09:51 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2022-08-25 09:58 | Report Abuse

Mike,
Please give your TA take on Hib. Current price is at which level?

Posted by bullmarket1628 > 2022-08-25 09:59 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 09:59 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:02 | Report Abuse

Walao Suiyee Sifu still using the calculator to count Bungaraya lagi kah. Like this kira kira why last time 50sen pun kira salah kah. Now using another calculator to count again kah. Must see siapa belakang ada sapot the price or not mah. Haiyoh. Correct?

BursaKakis

450 posts

Posted by BursaKakis > 2022-08-25 10:12 | Report Abuse


4Q22 results ahead of expectation

Maintain BUY and MYR1.90 TP
FY22 core net profit of MYR335m was 10% above our estimate, fuelled
mainly by the strength of the oil price realized (+34% QoQ) at its North
Sabah ops in 4Q22. Our estimates are unchanged, on stronger operating/
financial outlook in FY23, benefiting from the full-year impact of its
Repsol ops. Our TP is unchanged, pegged to a USD11/boe of EV/2P
reserves valuation; undemanding relative to peers’ USD18/boe.

4Q22: A spectacular performance
Core net profit of MYR210m (+497% QoQ; 6-fold increase) in 4Q22 took
FY22 core earnings to MYR335m (+223% YoY), 110% of our FY estimate.
The better-than-expected QoQ performance was driven by relatively
higher: (i) oil, condensate & gas sold at the group level (2.2x to 2.2m
boe) and ASP of crude oil realized, especially at its North Sabah ops:
+34% to USD120/bbl, followed by Anasuria ops (+5% to USD128/bbl). For
FY22, it sold a higher 4.6m boe of oil equivalent (+22% YoY), comprising
3.5m bbls of oil and 1.1m boe of gas.

Expect a stronger FY23
We look forward to a stronger FY23 (+78% YoY core net profit). The YoY
strength will largely be underpinned mainly by the full-year impact of its
Repsol ops (vs. 6M in FY22). Operationally, it targets to sell 7.2m-7.5m
boe of oil, condensate and gas in FY23 (+57%-63% YoY) in FY23. Based on
its 1HFY23 planned off-take schedule, it aims to sell up to 1.6m/ 2.6m
boe of oil, condensate & gas in 1QFY23/ 2QFY23, which would account
for 22%/ 36% of its FY23’s sales. We see upside to our earnings estimates,
should it accelerate its development plans. Gearing up to fast-track
growth is a possibility.

More positives in the pipeline
Hibiscus remains the best play for a cyclical, strong energy price market.
It is fundamentally sound, financially resilient and offers compelling
growth with undemanding valuations. Securing Field Development
Planning (FDP) approval on Marigold would: (i) turn its 43.6m bbls of 2C
resources to 2P reserves, (ii) lift its Group’s 2P reserves by 60% to
115.9m bbls and (iii) make it a more attractive M&A proposition. An
extension on Repsol’s PSC (beyond 2032) would also be positive in
improving Repsol’s NPV and potentially adding a further 30m bbls of 2P
reserves to Hibiscus.

Source : MIB 25/8/2022

Posted by bullmarket1628 > 2022-08-25 10:13 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:19 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:19 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:21 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:22 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:23 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:25 |

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Posted by bullmarket1628 > 2022-08-25 10:26 | Report Abuse

Wow, Fantastics !

Now Hibiscs already traded at=>
RM1.02 (+0.06) (+6.3 %)!



Heng ah, Ong ah, Huat ah !

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:27 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:30 |

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ks5S

4,601 posts

Posted by ks5S > 2022-08-25 10:30 | Report Abuse

jangan tunggu lama lama
nanti lama lama

rr88

6,532 posts

Posted by rr88 > 2022-08-25 10:31 | Report Abuse

Walk away. Dont get involved if you dont want pain. Someone trying to force it to move up. One cant force a share price to move up if it does not want to. It does not work that way. Disaster coming.

ks5S

4,601 posts

Posted by ks5S > 2022-08-25 10:31 | Report Abuse

nanti diambil orang

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:31 |

Post removed.Why?

ks5S

4,601 posts

Posted by ks5S > 2022-08-25 10:32 | Report Abuse

rr88 quite lah. now bull run. don't talk crap lah sinkalan

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:34 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:36 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:38 |

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ks5S

4,601 posts

Posted by ks5S > 2022-08-25 10:38 | Report Abuse

moving towards 1.06 which is the next resistance to test

Mikecyc

46,956 posts

Posted by Mikecyc > 2022-08-25 10:39 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-08-25 10:41 |

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