Posted by BobAxelrod > 2022-09-13 13:24 |

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Posted by BobAxelrod > 2022-09-13 16:15 | Report Abuse

Yes!!!..breached 1.00, hope it stays up....

Posted by BobAxelrod > 2022-09-13 16:27 | Report Abuse

Hold the line!!

Posted by witan > 2022-09-14 09:58 | Report Abuse

Power Hibiscus!!. One of the few counters that is green among the sea of red in Bursa today

Posted by VFTRADER > 2022-09-14 10:30 | Report Abuse

Biden said the coming purchase price for oil to support America SPR is around US$80/barrel....

Posted by twynstar > 2022-09-14 10:51 | Report Abuse

Biden Officials Weigh Buying Oil at Around $80 to Refill Reserves


At the same time, officials are trying to reassure oil producers that the administration won’t let prices collapse amid intense volatility that’s fueled massive daily swings.


https://www.bloomberg.com/news/articles/2022-09-13/biden-officials-mull-buying-oil-at-around-80-to-refill-reserves?leadSource=uverify%20wall

Posted by zhangzuode > 2022-09-14 10:58 | Report Abuse

DBS has just released their "glidepath" to support Asia journey to a low carbon economy.
https://www.dbs.com.sg/documents/1038650/382494047/Our+path+to+net+zero+oil+and+gas.pdf/2e41158a-1a91-8199-c767-d97209360cab?t=1663025549840
IEA - International Evergy Agency provides the guideline on the timeline reduction and the banks, in this case DBS, will provide finance accordingly. Basically, no finance unless the O&G companies move away from oil and gas projects.
Well, the net result should be supply reduction as projects become fewer and fewer due to lack of finance.

Posted by twynstar > 2022-09-14 11:04 | Report Abuse

Top shale executive says U.S. oil output gains to disappoint


U.S. oil output this year is likely to disappoint, with even lower growth possible next year, said Scott Sheffield, chief executive of leading shale producer Pioneer Natural Resources



https://www.reuters.com/business/energy/pioneer-natural-resources-says-us-oil-output-likely-below-expectations-2022-09-07/

Posted by azfar8 > 2022-09-14 16:13 | Report Abuse

lemau la hibiscus, lembab...

Posted by BobAxelrod > 2022-09-14 18:56 |

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Posted by BobAxelrod > 2022-09-14 19:02 |

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Posted by StartOfTheBull > 2022-09-14 21:27 | Report Abuse

Natural gas shot up 5%, tomorrow can buy this stock or not?

Posted by TrippleZ > 2022-09-14 21:40 | Report Abuse

No

Posted by bullmarket1628 > 2022-09-15 07:00 |

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Posted by BobAxelrod > 2022-09-15 07:29 |

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Posted by BobAxelrod > 2022-09-15 08:05 |

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Posted by witan > 2022-09-15 09:34 | Report Abuse

@BobAxelrod what do you make out of that???

I make out that Warren Buffet is a very rich man lol.
He got unlimited bullets to average down should the need arise. But for us small investors it is totally different story. So his method doesnt apply to us

Posted by BobAxelrod > 2022-09-15 09:40 |

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Posted by BobAxelrod > 2022-09-15 09:44 |

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Posted by witan > 2022-09-15 10:10 | Report Abuse

U believe in oil so much and yet you sell half of your position in Hibiscus few days back?

Posted by BobAxelrod > 2022-09-15 10:22 |

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Posted by bullmarket1628 > 2022-09-15 10:41 |

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Posted by witan > 2022-09-15 11:07 | Report Abuse

My avg cost is around same as yours 83.5cents. Been trading Hibiscus since beginning of year.
Up Sell Down Buy. Suddenly when price goes up rr88 and JohnZhang disappear lol mana boleh??

Posted by witan > 2022-09-15 11:13 | Report Abuse

Still Hibiscus is not out of danger yet, the SST issues with Sabah is yet to be resolved plus the management of Hibiscus didnt announce any substantial dividend which disappoint lots of investors. 1cent dividend is a joke!!

If you look at other countries Oil and Gas companies such as Exxon, Chevron, Occidental, they announce huge buyback and dividend. So to answer your questions @BobAxelrod, you cant compared WB buying Occidental with Hibiscus (totally different analogy)

Posted by rattynz > 2022-09-15 11:21 | Report Abuse

I think you are being premature there. Hibiscus annouced final dividends for last year in October. I'd expect the same this year. They also have over 500 million cash and probably close to 700 million by the end of this quarter. That's cash after tax.. I beleive dividends are coming and they have stated this in the past also. If you see earlier conversations in the feed you'd know that Sabah State Gov is out fishing.. Trying their luck and they'd lose if it goes to court.

Posted by BobAxelrod > 2022-09-15 11:29 |

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Posted by BobAxelrod > 2022-09-15 11:40 |

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Posted by witan > 2022-09-15 11:52 | Report Abuse

This kid?? Lol arent you being rude here? Lol cant accept different opinion. Why u bark so much? Haha

Posted by witan > 2022-09-15 11:53 | Report Abuse

Everyday post comment in Hibiscus day in day out. Follow WB style lah, chill a bit

Posted by BobAxelrod > 2022-09-15 11:56 | Report Abuse

Kids....sigh!

Posted by witan > 2022-09-15 11:56 | Report Abuse

Ya ya rich kid hehe

Posted by twynstar > 2022-09-15 16:16 | Report Abuse

Charts suggest oil will bounce short term then head lower, Jim Cramer says


Cramer added that if oil falls below $80, the next potential floor is at around $60 — and with the Federal Reserve gearing up to raise interest rates next week in its aggressive campaign against inflation, it wouldn’t take much to push oil down even more.


https://www.cnbc.com/2022/09/14/charts-suggest-oil-will-bounce-short-term-then-head-lower-jim-cramer-says.html


Hopefully Jim Cramer and rr88 are right.Then Hibiscus will has another great chance to acquire another valuable oilfield asset in Brent price USD 60 environment.

Posted by NatsukoMishima > 2022-09-15 23:38 | Report Abuse

60 sens comin g

Posted by warrenchok90 > 2022-09-16 08:48 | Report Abuse

oil price down is good for all company.

Posted by BobAxelrod > 2022-09-16 08:54 | Report Abuse

Says who???

Posted by UlarSawa > 2022-09-16 10:38 | Report Abuse

Oil price at the end will drop leh. World cannot have too high oil price leh. Oil cartel are making tons of money leh. Siapa suffer leh. Poor countries leh. Rich countries wont banklap one leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-16 10:47 | Report Abuse

Didn't know that those whom have perished in the Russian invasion can come back to life. What has happened would change the world.

Oil, AT THE MOMENT, is defying Gravity...........staying at this level is not too bad as $120-125.....you don't agree?

Care to put a timeline on the price "drop" you mentioned, so I may leave before the music stops?

Posted by UlarSawa > 2022-09-16 10:56 | Report Abuse

Jpm downgraded Oil price from Usd380 to usd150 leh. Haiyoh. Correct?

Oil prices are headed to $150 a barrel as energy demand continues to outpace supply, JPMorgan energy strategist says
Jennifer Sor Sep 14, 2022, 3:06 PM
ByJoe Carroll+Follow
July 2, 2022 at 3:59 AM GMT+8
Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.

The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.

Posted by BobAxelrod > 2022-09-16 11:04 |

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Posted by UlarSawa > 2022-09-16 11:14 | Report Abuse

You tell your maid to post online her bad experience and many will start to spread it online and many neighbourhood ppl will start to ban the shop lah. See who more lansi lah. Haiyoh. Correct?

BobAxelrod

My maid couldn't cook dinner last evening. She said to us that she tried to be smart at the grocery store and told the shop owner that she would be needing a lot of foodstuff but she's capping the prices. The owner opened the door for her, showed her the middle finger and told her to shop elsewhere from now onwards.....

Mr pet fish was rolling on the floor laughing it's head off.


5 minutes ago


BobAxelrod

My maid couldn't cook dinner last evening. She said to us that she tried to be smart at the grocery store and told the shop owner that she would be needing a lot of foodstuff but she's capping the prices. The owner opened the door for her, showed her the middle finger and told her to shop elsewhere from now onwards.....

Mr pet fish was rolling on the floor laughing it's head off.


5 minutes ago

Posted by BobAxelrod > 2022-09-16 11:20 |

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Posted by UlarSawa > 2022-09-16 11:22 | Report Abuse

Not fast enuf. Online faster leh. Later the shop owner see already pun will apologise mah. Give your maid free goodies leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-16 11:29 | Report Abuse

G7 also want lower price mah. Only source from russia mah. So they panlai find excuses say want to prevent russia to earn usd20bil up from usd14bil per mth in 2021 from oil sales leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-16 11:31 | Report Abuse

Walao usd20bil x 12 mths is 240bil per yr leh. The longer the war the more Russia earn leh. Angmoh dont want to stop the war will benefit russia in long run leh. They must be miscalculated the war effect leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-16 11:34 |

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Posted by BobAxelrod > 2022-09-16 11:36 |

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Posted by UlarSawa > 2022-09-16 11:44 | Report Abuse

The problem angmoh is printing money sesuka hati mereka. Russia only want eastern part of ukraine. Use oil as a weapon printing more money from oil lor. No choice mah. Kena tekan by angmoh until door step lagi no take action meh. Let split the ukraine lah. west ukraine join EU. East ukraine join russia. Solve all the problem lor. Lagi mau prolong the war with sanction sanction for what. Sampai 1dunia semua suffering of high oil price. High food price. Many country become like Sri Lanka leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-16 11:48 |

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Posted by BobAxelrod > 2022-09-16 11:49 | Report Abuse

We are just 1 in over 7.5 Billions humans........make hay while the sun shines.

Posted by BobAxelrod > 2022-09-16 11:50 |

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