HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.00

Today's Change

+0.04 (2.04%)

Day's Change

1.95 - 2.00

Trading Volume

2,182,800


68 people like this.

105,313 comment(s). Last comment by STFUrr88 35 minutes ago

Posted by Six6thsense > 2023-07-31 10:05 | Report Abuse

TP: 1.8

nicky

3,356 posts

Posted by nicky > 2023-07-31 10:12 | Report Abuse

No volume le.. only ikan bilis biting....

kl_guy

1,609 posts

Posted by kl_guy > 2023-07-31 10:20 | Report Abuse

patient , when news out is all over the main stream news. hibiscus will be a boom.

KML889

1,092 posts

Posted by KML889 > 2023-07-31 11:24 | Report Abuse

Really testing our patience

1pingpong

767 posts

Posted by 1pingpong > 2023-07-31 16:42 | Report Abuse

Operater selling 33.22.12.10.25.27.28.....ok, tmrow is 1st August.

James_Bond

3,437 posts

Posted by James_Bond > 2023-07-31 18:00 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD84.88, heading all the way up to USD85! Cheers!

James_Bond

3,437 posts

Posted by James_Bond > 2023-07-31 18:00 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD84.92, heading all the way up to USD85! Cheers!

James_Bond

3,437 posts

Posted by James_Bond > 2023-07-31 18:59 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD85.03, heading all the way up to USD86! Cheers!

kl_guy

1,609 posts

Posted by kl_guy > 2023-07-31 19:44 | Report Abuse

yahooo.....usd 100 coming. very soon will all over the news.

kl_guy

1,609 posts

Posted by kl_guy > 2023-07-31 19:49 | Report Abuse

last 30min push down , look like big boys is collecting but still not enough. need to maintain at this price until collect enough.

Posted by limitupandsurewin88 > 2023-07-31 20:01 | Report Abuse

股神扫货油气股 投资专家喊跟
https://www.sinchew.com.my/?p=4870045

Posted by limitupandsurewin88 > 2023-07-31 20:06 | Report Abuse

Stock invest god Warren Buffett already all-in the O&G counters at low price,
Like that O&G counters definitely will be spike up like mad already started from today onwards !

Posted by Robert Waters > 2023-07-31 23:12 | Report Abuse

Not a very good day for oil stocks, but good day for crude oil

🛢

GLNT

566 posts

Posted by GLNT > 2023-08-01 05:01 | Report Abuse

The last time crude oil was at this price, Hibiscus was at RM1.10. Hibiscus share price has to rise 17% just to catch up. Yawn....

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-01 09:28 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD85.34, heading all the way up to USD86! Cheers!

1pingpong

767 posts

Posted by 1pingpong > 2023-08-01 10:06 | Report Abuse

holding the pee concept...

1pingpong

767 posts

Posted by 1pingpong > 2023-08-01 10:09 | Report Abuse

you see. you cant hold the pee forever....there is a limit of holding it

1pingpong

767 posts

Posted by 1pingpong > 2023-08-01 10:11 | Report Abuse

As for spectators..now is still below RM1.00.

Posted by Six6thsense > 2023-08-01 10:30 | Report Abuse

TP 1.8

kl_guy

1,609 posts

Posted by kl_guy > 2023-08-01 10:30 | Report Abuse

look like brent going to break usd86 soon

kl_guy

1,609 posts

Posted by kl_guy > 2023-08-01 10:35 | Report Abuse

yahoo...movement is on ....

Posted by StartOfTheBull > 2023-08-01 10:48 | Report Abuse

Strong resistance.

nicky

3,356 posts

Posted by nicky > 2023-08-01 10:59 | Report Abuse

Yes, strong resistance at R0.955/0.96. Once break then next will be RM0.99

1pingpong

767 posts

Posted by 1pingpong > 2023-08-01 11:04 | Report Abuse

left right, right left, left right, right left...left left, right right....my goodness.

Posted by Sangranghaeyo > 2023-08-01 15:36 | Report Abuse

High chance for brent oil price to hit USD 90 !

nicky

3,356 posts

Posted by nicky > 2023-08-01 16:27 | Report Abuse

see.. pullback below RM0.95 again...

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-01 16:53 | Report Abuse

Don’t worry! Brent oil still selling above USD 85! Hibiscus will definitely hv direct benefit from high Brent oil price! Be patience!

pinetree88

332 posts

Posted by pinetree88 > 2023-08-01 17:27 | Report Abuse

Got in today at closing 0.945. The chart looks good for trending up plus higher crude now.

KML889

1,092 posts

Posted by KML889 > 2023-08-02 04:56 | Report Abuse

King of All Bulls. API crude draw of 15.4 million barrels.

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 05:27 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD85.81, heading all the way up to USD86! Cheers!

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 07:50 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD85.88, heading all the way up to USD86! Cheers!

Posted by limitupandsurewin88 > 2023-08-02 08:49 | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at $85.78 +0.87 +1.02%

Like that today Hibiscs going to break above RM1.00 liao !

1pingpong

767 posts

Posted by 1pingpong > 2023-08-02 09:30 | Report Abuse

Spectatorssss...set in your position now or never..

wahidul

270 posts

Posted by wahidul > 2023-08-02 09:31 | Report Abuse

Hopefully

nicky

3,356 posts

Posted by nicky > 2023-08-02 09:36 | Report Abuse

All of us are waiting her to reach RM1.00 for long long time....

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 10:05 | Report Abuse

Wow, Brent oil broke NEW HIGH! Now USD85.95, heading all the way up to USD86! Cheers!

Posted by Robert Waters > 2023-08-02 10:20 | Report Abuse

Looks like another good day of consolidation for hibiscus 🌺

wattsy

53 posts

Posted by wattsy > 2023-08-02 10:35 | Report Abuse

Malaysian Tapis is now trading at over $90 up $15 from June. This is directly accretive to the bottom line (after royalties) which means they'll be 30-40% more profitable when this quarters results come out over last. Last year this quarter also had the highest production given the timing of their offtakes. So the pot of cash they have is going to continue to grow significantly... They might have more cash soon than the market cap! ;)

nicky

3,356 posts

Posted by nicky > 2023-08-02 10:55 | Report Abuse

Everyday consolidate ??

Posted by Sangranghaeyo > 2023-08-02 11:00 | Report Abuse

Looking at its 1-month chart, it's an uptrend movement

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 12:06 | Report Abuse

Looking at the all the sectors in bursa, the strongest is energy sector! Invest in hibiscus is the best of all!

paktua73

18,357 posts

Posted by paktua73 > 2023-08-02 13:22 |

Post removed.Why?

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 14:46 | Report Abuse

Welcome Teal West field, UK (under hibiscus) to produce the first oil expected by late 2024 or early 2025! Hibiscus is a cash generating beast! Huat! Huat! Huat!

wahidul

270 posts

Posted by wahidul > 2023-08-02 15:27 | Report Abuse

come on let’s go go go let’s go

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 15:57 | Report Abuse

SINGAPORE (Reuters) -Oil prices surged by almost 1% on Wednesday, trading near their highest since April, as crude and fuel product inventory data showing robust demand from the world's biggest fuel consumer, the U.S., offsetting demand concerns elsewhere.

Brent crude futures for October rose 80 cents, or 0.94%, to $85.71 a barrel at 0625 GMT. Likewise, U.S. West Texas Intermediate crude for September climbed 80 cents, or 0.98%, to $82.17 a barrel.

U.S. oil inventories fell by 15.4 million barrels in the week ended July 28, according to market sources citing American Petroleum Institute figures, compared with analysts' estimates for a drop of 1.37 million barrels.

If the U.S. government figures, due later on Wednesday, matches the industry drawdown number, it would mark the largest drop in U.S. crude inventories according to records dating back to 1982.

Gasoline inventories fell by 1.7 million barrels, the API data showed, compared with estimates for a 1.3 million barrel drop. Distillate stocks fell by 510,000 barrels, compared with analysts estimates for a build of 112,000 barrels. Both are indicators of robust prompt fuel demand in the U.S.

"The seasonal peak demand period (for transportation fuels) and supply cuts by oil producing countries have caused oil prices to rise," said CMC Markets analyst Leon Li.

Crude oil inventories have also begun to drop in other regions as demand outpaces supply, which has been constrained by deep production cuts from Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), that has provided price support.

Analysts expect Saudi Arabia to extend its voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September in a meeting of producers on Friday.

Oil prices may continue to rise, but they may not exceed $90 a barrel given recessionary pressures in some regions such as Europe, said Li. Furthermore, after the summer demand peak passes, "oil prices have entered the end of this round of upward trend", he said.

Concerns that oil buying in China, the world's biggest oil importer, may slow as prices rise and weak PMI data released this week indicate fuel demand may be weaker than expected limited the session's price gains.

"Chinese crude buying has been opportunistic rather than due to higher demand. (The) market continues to be driven purely by supply constraints, which are always subject to potential political volatility," said Sparta Commodities' Philip Jones-Lux.

nicky

3,356 posts

Posted by nicky > 2023-08-02 15:59 | Report Abuse

LOL..... Hibiscus turns red... what the ...xx

KML889

1,092 posts

Posted by KML889 > 2023-08-02 16:00 | Report Abuse

Bursa is really sick. No amount of good news can lift local stocks

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 16:33 | Report Abuse

Turned red for you to grab more before it is too late.

James_Bond

3,437 posts

Posted by James_Bond > 2023-08-02 16:33 | Report Abuse

I’m loving it! Yummy hibiscus!

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