KLSE: HIBISCS (5199)       HIBISCUS PETROLEUM BHD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.445   +0.01 (2.30%)  0.435 - 0.45  12,146,200
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Market Cap: 670 Million
NOSH: 1,506 Million
Avg Volume (4 weeks):14,650,140
4 Weeks Range:0.405 - 0.475
4 Weeks Price Volatility (%):
52 Weeks Range:0.185 - 0.56
52 Weeks Price Volatility (%):
Average Price Target: 0.44
Price Target Upside/Downside: -0.005

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2017[#3]  |  24-May-2017
Next QR | Est. Ann. Date: 30-Jun-2017  |  24-Aug-2017
T4Q P/E | EY: 5.76  |  17.37%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.4976  |  0.89
T4Q NP Margin | ROE: 49.03%  |  15.53%

Market Buzz

Date Type Subject
21-Aug-2017 Forum 7 New Comments


Date Subject
09-Aug-2017 Evening Market Summary - 9 Aug 2017
08-Aug-2017 油田维稳.木槿花石油盈利料倍增
07-Jul-2017 Mplus Market Pulse - 7 Jul 2017
07-Jul-2017 PublicInvest Research Headlines - 7 Jul 2017
01-Jun-2017 PublicInvest Research Headlines - 1 Jun 2017
31-May-2017 Daily Technical Highlights - (COMFORT, HIBISCS)
10-Apr-2017 One reason to own Hibiscus
06-Apr-2017 Daily Market Update - 6 Apr 2017 (HIBISCS, JOHOTIN)
03-Feb-2017 Daily technical highlights - (HIBISCS, IFCAMSC)
09-Jan-2017 HIBISCS - Realising The Value
26-Dec-2016 What the PROBLEMS of HIBISCS?
15-Dec-2016 Daily technical highlights - (YONGTAI, HIBISCS)
13-Dec-2016 Daily Market Update - 13 Dec 2016 (HIBISCS, COMCORP)
07-Dec-2016 PublicInvest Research Headlines - 7 Dec 2016
28-Nov-2016 PublicInvest Research Headlines - 28 Nov 2016
30-Oct-2016 HIBISCS 短线飙升力度出乎意料强劲,对的买点倍的利润。。。
25-Oct-2016 Daily technical highlights - (ECONBHD, HIBISCS)
13-Oct-2016 M+ Online Market Pulse - Still Rangebound Ahead - 13 Oct 2016
12-Oct-2016 Evening Market Summary - 12 Oct 2016
11-Oct-2016 Evening Market Summary - 11 Oct 2016

Business Background

Hibiscus Petroleum Berhad is a Malaysia-based investment holding company. The Company focuses on developing oil and gas fields in South Asia, South East Asia and Oceania regions. It focuses on identifying and acquiring target company assets, which participate in upstream oil and gas exploration and production activities. Upstream oil and gas activities consist of exploration, development and production of oil and gas resources. As of March 31, 2011, the Company had not yet commenced business operations. In August 2011, the Company acquired Orient Hibiscus Sdn Bhd. In October 2011, the Company incorporated two wholly owned subsidiaries, Gulf Hibiscus Limited and Hibiscus Oilfield Services Limited.
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  33 people like this.
johnsoros 1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
No. of shares issued under this corporate proposal 62,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.3850
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following

Units 1,505,844,291
Issued Share Capital ($$) Malaysian Ringgit (MYR) 38,308,442.910
Listing Date 15 Aug 2017
14/08/2017 14:50
johnsoros http://www.bursamalaysia.com/market/listed-companies/company-announcements/5513577
14/08/2017 14:51
camel issued price 0.385 , why not previous announcement at 0.455?
14/08/2017 15:12
astalavista Oh man..at 0.385 is already good money
14/08/2017 15:58
synergyCT all sifus, can share what is the meaning of PRIVATE PLACEMENT OF UP TO 144,384,429 NEW ORDINARY SHARES IN HIBISCUS PETROLEUM BERHAD?
15/08/2017 10:23
longvalley No vory, oly likes BA, invites sbody.....to put thr money in ur company.........!
15/08/2017 11:17
longvalley BA ...business angle....concept...haa..just ide.
15/08/2017 11:18
JJchan didn't sell all (144m@0.385)....means management might goreng the balance higher to average
the price back to 0.455----just my 2 cents....anyway sellers volume starts to thin after lunch
15/08/2017 13:47
hewiester I been queeing for 0.425 (not match) still..
15/08/2017 14:57
hewiester Upcoming result shld be goood :)

Someone acquired with a big volume..
15/08/2017 15:07
hewiester It was acquired on aug 7th ....
15/08/2017 15:08
hewiester It shld go back to its last prev high.. anytime soon. Hold tight and don't SELL!!!
15/08/2017 16:07
JJchan previous rally was cut short by Kim Jong-Un ( Vx guy )
15/08/2017 16:39
longvalley Still waiting n seeing.....on the GO.........!
15/08/2017 21:55
kun1971kun Yup one more week b4 QR......WORRY
16/08/2017 11:30
Johnfatt high volume sapu at 0.45 the new support should be 0.44
16/08/2017 14:04
JJchan enough morning vol.....should be a Go
16/08/2017 14:24
ankahill Rm 2 coming!!!
16/08/2017 15:38
mitchu @ANKAHILL rm2 is too high. Rm 1 first.
16/08/2017 16:13
VenFx Wacth out for Breaking away from 0.470
16/08/2017 17:05
mitchu Last year closed at 44 c today slighlty better at 44.5c
16/08/2017 17:28
kun1971kun You all did not worry about QR????
16/08/2017 17:37
JJchan https://www.malaysiakini.com/news/392112

I think Rafizi is correct. Having Ge14 in 2017 is risky for BN....cleaning Felda (Isa Samad arrested)
and 1MDB takes time to sink in......So previous sell down of Goreng stock (Hib included) might
be over done......still got 4 months to Go
16/08/2017 17:37
JJchan http://www.macrotrends.net/2480/brent-crude-oil-prices-10-year-daily-chart

what do i think about 2Q17 results.....

---Brent rose from 38 (Mar,16) to 50 (Jun,16)
---Brent bounce from 51(Mar 17) to 46 (Jun 17 )

I think 2Q17 will be better than 2Q16
16/08/2017 19:27
ankahill Will fly again tomorrow... :D
16/08/2017 22:42
mitchu I dont understd why there is a persistent glut in the oil mkt according to all the people in bloomberg. Api and eia figs is there for all to see and analyse.they say libya and nigeria are producing and e xporting bck to almost normal and shale oil is an addition to the glut. But week in week out we seen a draw in the crude mkt.i think there will come a time that oil will soon hit $100per barrel.
16/08/2017 23:01
mitchu @ankahill . Agree with u . Tomorrow will fly
16/08/2017 23:03
mitchu The bloomberg boys are not factoring the geo political risk i) trump n nk 2) qatar boycott by gulf countreis 3)russia n ìran sañctiòns n 4)s china ßea issues
16/08/2017 23:28
4444 Oil drop why can up?
17/08/2017 04:24
ankahill Hold on... will up up up !! :D
17/08/2017 10:25
JJchan YoY & QoQ should be better based on Brent price but will market react to it
17/08/2017 11:10
Johnfatt if you have any doubt on private placement, here the opinion of sifu.

17/08/2017 13:45
Johnfatt see! swallowed another 1.5 mil of shares at 0.445
17/08/2017 13:59
w6999 What is the status of the lease out of the rig as reported in the 3Q2017 report? Will the USD 10 mil pre-paid lease amount be potential income for Hibiscus?

In our 3Q2017 financial statements, Hibiscus Petroleum Berhad (‘Hibiscus’ or ‘the Company’) disclosed that it had entered into a ‘lease and leaseback’ arrangement with a third party charterer in respect of its rig, (i.e the Britannia). This disclosure was a repeat of a similar in nature disclosure made in Hibiscus’s annual audited financial statements issued in October 2016.

Whilst the structuring of the lease was such that the Company could elect to lease out the rig, at its option, on a long term basis for a prepaid lease amount of USD 10 million, this arrangement would have involved the Company pledging as a security the Britannia (as the lease rental was prepaid). At the time that we entered into this arrangement, the Company had not signed the conditional Sale and Purchase Agreement (‘SPA’) relating to the North Sabah transaction. Given that the Company has now signed the SPA, the Company may have alternative uses for the Britannia and thus we have, at this juncture, not elected to lease out (and lease back) the rig for any period of time.

In specific response to your queries:

Due to the fact that the Company may have an alternative internal application of the Britannia, we have not commenced the leasing of the rig and thus no prepaid lease rental has been received from the third party charterer. For the avoidance of doubt, we have also not provided the Britannia as collateral or as third party pledge to any party. Given this situation, there is no income associated with the leasing of the Britannia. Should we at any stage elect to pursue this arrangement with the third party charterer or any other party, we will make the necessary disclosures.
17/08/2017 20:27
w6999 something brewing in their answer ....meaning Hibiscus is all set and get ready to take ownership of North Sabah and might use this Britannia oil rigs to boost output??
17/08/2017 20:31
Alex KL Paddington Chen contract was signed, tapi belum bayar $$ heheh
17/08/2017 22:18
ankahill $$$$$$ :D
17/08/2017 23:07
Keposhare When is the upcoming quarterly report out?
18/08/2017 06:49
wotvr By next week
18/08/2017 11:06
lkhoong so buy 0.435
18/08/2017 12:18
cth0712 today no volume for this counter? Anything happen?
18/08/2017 14:51
hewiester Need to get some big fund managers to push da price up..
19/08/2017 18:06
longvalley Waiting till qr b4 collect more.....!!!!!! look cloudy....??
19/08/2017 22:16
Keposhare Quarterly report on 23 Aug?
21/08/2017 00:08
ankahill Today will up again !!
21/08/2017 06:00
Keposhare Quarterly report out is on what day this week?
21/08/2017 09:09
Alex KL Paddington Chen eta 24 or 25 or next monday
21/08/2017 09:34
Rama118 My take, it will be this Wednesday!
21/08/2017 11:35
kun1971kun Worry
21/08/2017 12:06
cth0712 When will quarterly report out? Got any source?
21/08/2017 19:41


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