HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

1.97

Today's Change

+0.01 (0.51%)

Day's Change

1.95 - 1.98

Trading Volume

3,741,300


68 people like this.

105,287 comment(s). Last comment by Gaussian 12 hours ago

iceiscool

53 posts

Posted by iceiscool > 2023-11-14 10:01 | Report Abuse

Went to ICap investor Day where Dr Kenneth sahre his insight of O&G future and why its still a major source of eneryg for yearsss to come.....its just briliant. IMO, theres still huge upside potential for Hibi and he shall know it very well. Just wasted, due to time contraint, he unable to complete this prepared slide for more sharing on Hibi during that day.

paktua73

18,341 posts

Posted by paktua73 > 2023-11-14 15:48 |

Post removed.Why?

Posted by NinjaInPyjamas > 2023-11-14 18:38 | Report Abuse

Proven again that sanctions never ever worked, as with past sanctions. https://www.ft.com/content/09e8ee14-a665-4644-8ec5-5972070463ad

Posted by Apple4Oranges > 2023-11-15 14:43 | Report Abuse

Guess we can look forward Hibiscus to deliver another good qr this month

Trianon

229 posts

Posted by Trianon > 2023-11-16 19:52 | Report Abuse

Rm600 mil - 700 mil in revenue can be expected 😄

UncleFollower

1,752 posts

Posted by UncleFollower > 2023-11-17 01:25 | Report Abuse

Our friend James Bond will be having a field day here again tmr 🤣🤣🤣

Posted by Apple4Oranges > 2023-11-17 12:03 | Report Abuse

Nope, he's on Diwali holiday mode 😂

Income

12,440 posts

Posted by Income > 2023-11-18 14:12 | Report Abuse

…to prevent tail gaters: Drill a hole in an object that could cause damage to the vehicle behind you, like a tool box for example if you drive a pick up. Secure it to the bed to prevent it from actually falling off, but loose enough to make the tail gater think it will, and strike their car. Watch how fast they back off and give you room. HAHAHAHA.

alesi

107 posts

Posted by alesi > 2023-11-20 10:48 | Report Abuse

1st interim dividend 2.5 cents coming.

Trianon

229 posts

Posted by Trianon > 2023-11-20 15:25 | Report Abuse

and will get the dividend next year 😆

Income

12,440 posts

Posted by Income > 2023-11-22 09:00 | Report Abuse

sea-change is a complete transformation, a radical change of direction and in the economic world, we're going through one right now.

Posted by Six6thsense > 2023-11-22 15:28 | Report Abuse

Boring

Posted by Apple4Oranges > 2023-11-22 15:29 | Report Abuse

Fantastic Q1 result! Beating expectation

Posted by Fundamental Trader > 2023-11-22 16:23 | Report Abuse

Very promising.

Posted by Six6thsense > 2023-11-23 09:12 | Report Abuse

So stingy

Posted by Apple4Oranges > 2023-11-23 16:40 | Report Abuse

need foreign funds to goreng i think...

Posted by Apple4Oranges > 2023-11-24 16:03 | Report Abuse

Need to raise out this dividend matter during its next AGM then ... Propose them to implement at least 30% dividend policy 😄

wattsy

51 posts

Posted by wattsy > 2023-11-24 17:08 | Report Abuse

Yes agree. My investment standing still. 3% return is a loss when you look at inflation and what I could get with the banks. Not sure why they want to hoard so much cash. Would expect at least 10% dividend given oil is ultimately going to move into decline so surprised they aren’t coming to the party yet.

wattsy

51 posts

Posted by wattsy > 2023-11-25 12:00 | Report Abuse

Yes, unless they’re making it very attractive for a take over .. even then they could still be more generous.. they can’t take it with them 😉

kahhoeng

3,950 posts

Posted by kahhoeng > 2023-11-26 22:13 | Report Abuse

Making 150 mil in Q1, 500 mil FY reasonable? So currently traded at PE less than 5???

Posted by Six6thsense > 2023-11-27 09:58 | Report Abuse

Wait for panic selling

paktua73

18,341 posts

Posted by paktua73 > 2023-11-27 10:40 |

Post removed.Why?

greed123

30 posts

Posted by greed123 > 2023-11-27 13:51 | Report Abuse

...fund managers looking out the window and see the climate change...https://www.wsj.com/business/energy-oil/now-for-some-good-news-about-climate-27236f56

greed123

30 posts

Posted by greed123 > 2023-11-27 13:52 | Report Abuse

...tipping point coming soon!

alesi

107 posts

Posted by alesi > 2023-11-28 10:03 | Report Abuse

And those directors are enjoying their huge fee and mega perks. Now with their medical needs taken care, they can live forever.

maps

172 posts

Posted by maps > 2023-11-28 12:34 | Report Abuse

seems like people losing confidence with hibiscus management. Only this oil counter dropping so much

ZoeZoe

243 posts

Posted by ZoeZoe > 2023-11-28 16:23 | Report Abuse

it is surprising to see the highest average holding is 2.70..... and next around 2.38 level!

wattsy

51 posts

Posted by wattsy > 2023-11-28 18:18 | Report Abuse

Yes, very disappointing.. oils stabilised and will probably go back up and Hibiscus is being dumped despite a fantastic quarter, and management yet again do nothing to stabilise the price. No SBB and pitiful dividends.. not sure what they are trying to achieve here, especially as senior management own significant stakes in the business. Wouldn’t they want more out of it! Still I guess there’s an opportunity approaching to acquire more ..

izoklse

5,272 posts

Posted by izoklse > 2023-11-28 19:41 | Report Abuse

I dont understand why price keep falling while oil price steady. Management need to do something and yes at current condition it is really disappointing for shareholders.

Posted by Six6thsense > 2023-11-28 20:28 | Report Abuse

Continue hold and don see it. Easy

UncleFollower

1,752 posts

Posted by UncleFollower > 2023-11-29 00:56 | Report Abuse

Hibiscus is actually more fun pre consolidation. I still do a reverse conversion mentally as I watch this counter, perhaps I should stop doing this

Posted by Apple4Oranges > 2023-11-29 09:27 | Report Abuse

Agreed, and quite easy to trade its warrants as well before the conslidation

Posted by NinjaInPyjamas > 2023-12-01 10:50 | Report Abuse

Recent retracement is with very low volume. No changes in fundamental, is it not an oppurtunity to accumulate at 1.5times of annual cashflow. (given oil at usd75-80 floor). US just started refilling their SPR yesterday.

izoklse

5,272 posts

Posted by izoklse > 2023-12-01 10:50 | Report Abuse

I agree with you STFUrr88. The price even more volatile than before. As a long term investor, I'm looking for value for my investment and i am really angry with the management.

maps

172 posts

Posted by maps > 2023-12-01 11:11 | Report Abuse

wondering if the share price is being suppressed for the SBB

paktua73

18,341 posts

Posted by paktua73 > 2023-12-01 12:43 |

Post removed.Why?

James_Bond

3,420 posts

Posted by James_Bond > 2023-12-03 10:36 | Report Abuse

China oilfield could flood the oil market and make oil cheaper and affordable! No more energy crisis! Kudo!

Posted by NinjaInPyjamas > 2023-12-04 08:05 | Report Abuse

Cannot expect too high prices if u want to stimulate demand or preventing countries to switch to other sources of energy. Mankind wont suffer any energy crisis, any crisis is political made news. Nuclear is the best, cleanest and cheapest source of energy if politically allowed.

Posted by Apple4Oranges > 2023-12-05 11:36 | Report Abuse

Nuclear is the most dangerous option to produce energy, despite its good efficiency

izoklse

5,272 posts

Posted by Six6thsense > 2023-12-05 16:27 | Report Abuse

Very pity so low volume. Pls press more to 2.0 thanks

James_Bond

3,420 posts

Posted by James_Bond > 2023-12-07 09:16 | Report Abuse

Brent oil crashing to USD74! Good time to short Hibiscus! Comrades, let’s short hibiscus together!

James_Bond

3,420 posts

Posted by James_Bond > 2023-12-07 09:17 | Report Abuse

Where r those shouting buy hibiscus at 2.7-3.0!? Serve you right for not listening! Haha!

James_Bond

3,420 posts

Posted by James_Bond > 2023-12-07 10:34 | Report Abuse

Let’s aim to short hibiscus to break 2.30-2.40 today and 2.20-2.30 tomorrow! We could do it!

James_Bond

3,420 posts

Posted by James_Bond > 2023-12-07 10:35 | Report Abuse

Good chance to earn money in this bearish oil market! Haha!

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