HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

1.99

Today's Change

+0.03 (1.53%)

Day's Change

1.95 - 2.00

Trading Volume

2,036,600


68 people like this.

105,310 comment(s). Last comment by STFUrr88 3 hours ago

kahhoeng

3,950 posts

Posted by kahhoeng > 2023-09-21 10:29 | Report Abuse

brent up, hibiscus no up, brent down, hibiscus down, sigh! Guess has to wait until Q1 QR is released in November.

James_Bond

3,437 posts

Posted by James_Bond > 2023-09-21 10:53 | Report Abuse

You understand FED, you know how to trade this cyclical oil commodity!

James_Bond

3,437 posts

Posted by James_Bond > 2023-09-21 10:56 | Report Abuse

As I hv said, those who bought hibiscus above 1+, only eat bone! I’m enjoying my abalone! Cheers!

James_Bond

3,437 posts

Posted by James_Bond > 2023-09-21 10:56 | Report Abuse

Brent crashing to USD 92

James_Bond

3,437 posts

Posted by James_Bond > 2023-09-21 11:10 | Report Abuse

You would hv earn more if you follow me to MSM… haha…

slts

2,236 posts

Posted by slts > 2023-09-21 11:49 | Report Abuse

oil drop jus a minor correction b4 moving up again. oil is forecasted to be in deficit till year end n may be to q1 lah

James_Bond

3,437 posts

Posted by James_Bond > 2023-09-21 12:04 | Report Abuse

Windfall tax coming soon… watch out!

slts

2,236 posts

Posted by slts > 2023-09-21 12:05 | Report Abuse

No need to blow hot air lah

slts

2,236 posts

Posted by slts > 2023-09-21 12:06 | Report Abuse

Blowing hot air, sugar tax more likely

kahhoeng

3,950 posts

Posted by kahhoeng > 2023-09-21 12:13 | Report Abuse

USD to MYR is above 4.60, Brent is above USD 90 with Tapis around USD 100, and Hibiscus production is expected to rise 6%-10%, what's to be worried about? What I'm pissed off is the failure of share price dancing along strong Brent and USD-MYR exchange rate.

Posted by NinjaInPyjamas > 2023-09-21 12:42 | Report Abuse

Dont hope for oil to go too high. If it can range itself at usd80-90 is the best. Over usd100 will invite demand destruction and supply to come online. This is what OPEC is trying to control. Above usd100, they will increase production. At usd80 dead, the cashflow will pay you back in 20 months. Cheers!

zzzzz

1,899 posts

Posted by zzzzz > 2023-09-21 16:35 | Report Abuse

huge profit, cash rich, bla bla la talk so much also no point... price still going down despite Oil proce USD90... when a counter's price does not reflect the real market situation and it is a rubbish counter

Posted by EngineeringProfit > 2023-09-21 18:11 | Report Abuse

Casino de Bursa only got one rule: Buy red, sell green......hehe

(No buy back now, how to huat later)

twynstar

362 posts

Posted by twynstar > 2023-09-21 23:30 | Report Abuse

19/09/2023, Dr Kenneth used RM1,109,000 to buy 1,000,000 unit shares.

20/09/2023, Dr Kenneth used RM1,091,000 to buy 1,000,000 unit shares.

Why? Why? Why? Dr Kenneth, please tell me why you wanted to buy at these prices??

**Annual salary of Dr Kenneth is around RM5,000,000



https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3386789

Posted by Six6thsense > 2023-09-22 09:14 | Report Abuse

Sense the confidence level. Thanks

Phoebe

466 posts

Posted by Phoebe > 2023-09-22 10:22 | Report Abuse

James_Baby is throwing tantrum. He let go of his candy too soon, and now cannot bear the sight to see the others enjoying it. Boo hoo hoo!!

kl_guy

1,609 posts

Posted by kl_guy > 2023-09-22 10:32 | Report Abuse

look like hibicus got support, maybe for consolidation for 5 to 2.

alesi

107 posts

Posted by alesi > 2023-09-22 11:12 | Report Abuse

Jamban(mulut) Busuk- master in selling, hahaha, sold all shares, at best 96 cents n totally missed the small rally to Rm1+.

DonAzoff

24 posts

Posted by DonAzoff > 2023-09-22 15:27 |

Post removed.Why?

Posted by Six6thsense > 2023-09-22 15:52 | Report Abuse

luckily payout enough to cover Along loan interest..

Posted by GrowthCapitalist > 2023-09-23 18:07 | Report Abuse


Does it mentioned, how much is the average price Dr.Ken purchased his stocks on 21st and 22nd September?

UncleFollower

1,768 posts

Posted by UncleFollower > 2023-09-25 14:39 | Report Abuse

Of course it does...simple math u go compute urself



GrowthCapitalist


Does it mentioned, how much is the average price Dr.Ken purchased his stocks on 21st and 22nd September?

1 day ago

UncleFollower

1,768 posts

Posted by UncleFollower > 2023-09-25 14:40 | Report Abuse

Bro this piece really no heart and low quality, especially the concluding statement. Try harder



Effulgence

https://klse.i3investor.com/web/blog/detail/extraordinaryyou/2023-08-05-story-h-243923557-HIBISCS_5199_High_Oil_Price_Pitiful_Share_Price

1 day ago

kl_guy

1,609 posts

Posted by kl_guy > 2023-09-26 08:25 | Report Abuse

Occidental Won’t Increase Oil Output Despite Soaring Crude
By Charles Kennedy - Sep 25, 2023, 4:30 PM CDT

kl_guy

1,609 posts

Posted by kl_guy > 2023-09-26 08:25 | Report Abuse


oilprice.com/Latest-Energy-News/World-News/Occidental-Wont-Increase-Oil-Output-Despite-Soaring-Crude.html

Posted by Six6thsense > 2023-09-26 16:59 | Report Abuse

Wait correction until flower also wilt

Posted by GrowthCapitalist > 2023-09-26 21:32 | Report Abuse

Haha UncleFollower, if you don't have an answer don't waste time commenting by doing a simple math would get an answer. Either yes or no. Very toxic mind.

well, guys, those haters here. I'm not gonna repeat this again. This company is sitting on huge pile of cash which is close to 1 billion ringgit. Please do know how many 0 in billions and intially they were holding half a billion cash till latest ER reaching almst 1 billion ringgit. Remember even the gross profit has huge difference compare to previous quarter yet the EBITDA has no difference at all. remember huge revenue comes with huge expenses as well.

Even, crude oil falls below i doubt this guy would go below $80 cent unless huge correction would happened then go up. Indeed, ive took out my partial profit yet i am heavily invested my money here.

Besides, they already secured 2 projects for the past 3 weeks and why do you guys worry so much. Just pump your money at the good price preferable, Rm0.95- 1.00 else wait. Then go do something else and come back here when its sitting at the peak. Indeed, i had this frustration earlier for the price action going lower, it's the insider participation isn't that active. Now they are doing it very rigorous.

All the best guys. Enjoy the EGM soon.

Posted by EngineeringProfit > 2023-09-27 10:05 | Report Abuse

Up up...go

Posted by Six6thsense > 2023-09-27 16:48 | Report Abuse

Damn so patience..diam diam ubi berisi.

Posted by EngineeringProfit > 2023-09-27 16:51 | Report Abuse

Diam-diam Bunga Raya layu

Posted by ped29689 > 2023-09-28 08:22 | Report Abuse

will break 52week high soon

Posted by Robert Waters > 2023-09-28 16:50 | Report Abuse

Tomorrow will be an interesting day. Oil prices swing up and down ... time for Hibiscus 🌺 to show more vitality.

Posted by GrowthCapitalist > 2023-09-28 17:52 | Report Abuse

rm1.18 is possible there after is always bonus. Hibby pernah buat hall wen up to 1.17 then plunge down more deeply. Just expecting more dividends soon.

Posted by GrowthCapitalist > 2023-09-28 17:53 | Report Abuse

Honestly no one could predict the market just take whatever's given. Like plantation, once soar higher and higher like nobody business and now everything is gone. Own something at plantation sector quite saddnening still burning some paper money there.

Posted by Six6thsense > 2023-09-29 09:15 | Report Abuse

Need 1 more golden wilt for the super bloom

shiby

217 posts

Posted by shiby > 2023-10-02 12:04 | Report Abuse

this counter will soon fly

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-03 06:04 | Report Abuse

The price of oil will fall sharply! Brent crude will collapse to the low $70s a barrel!
— said Citi research team

slts

2,236 posts

Posted by slts > 2023-10-03 08:26 | Report Abuse

007 is back👎

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-03 13:00 | Report Abuse

Your money, you responsible for it. I m here to remind you not to chase high! Now you know, a bit too late! Serve you right for not listening!

Posted by value_seeker > 2023-10-03 13:01 | Report Abuse

Someone said he will not comment, still waiting price to drop?

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-03 13:02 | Report Abuse

Who will be the silly monkeys to collect the tickets higher from you for being foolish to chase hibiscus at such high price? Think, think, think…

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-03 13:04 | Report Abuse

You scare of what, value_seeker? Scare you can’t cut loss at higher price? Serve you right for not listening! Haha!

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-03 13:04 | Report Abuse

Brent broke USD 90, all the way to south USD 89 now!

Posted by value_seeker > 2023-10-03 13:11 | Report Abuse

Previously said hot Hibiscus 83 going to 84. Funny.

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-04 06:33 | Report Abuse

Hello, x_seeker, are you blind? The oil market has changed, China facing Evergrande liquidity issue (amounting USD 340 billion), US banking crisis, global inflation crisis, ultimately will lead to recession, just hope softlanding rather than hard landing…

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-04 06:40 | Report Abuse

X_seeker, don’t tell me you chase hibiscus at 1.10 and not scooping low below 0.90… no wonder you always the loser in share markets… pity you…

James_Bond

3,437 posts

Posted by James_Bond > 2023-10-04 07:11 | Report Abuse

Guess you can’t see the domino effect of Evergrande liquidity issue (amounting USD 340 billion), US banking crisis, global inflation crisis…

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