Highlights
KLSE: HIBISCS (5199)       HIBISCUS PETROLEUM BHD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.445   0.00 (0.00%)  0.44 - 0.45  1,895,900
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Overview

Market Cap: 643 Million
NOSH: 1,444 Million
Avg Volume (4 weeks):17,444,127
4 Weeks Range:0.395 - 0.455
4 Weeks Price Volatility (%):
83.33%
52 Weeks Range:0.175 - 0.56
52 Weeks Price Volatility (%):
70.13%
Average Price Target: 0.44
Price Target Upside/Downside: -0.005

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2016[#2]  |  22-Feb-2017
Next QR | Est. Ann. Date: 31-Mar-2017  |  31-May-2017
T4Q P/E | EY: 3.37  |  29.64%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.5069  |  0.88
T4Q NP Margin | ROE: 95.24%  |  26.02%

Market Buzz

Date Type Subject
24-May-2017 Forum 22 New Comments

Headlines

Latest Headlines
10/04/2017  One reason to own Hibiscus
06/04/2017  Daily Market Update - 6 Apr 2017 (HIBISCS, JOHOTIN)
03/02/2017  Daily technical highlights - (HIBISCS, IFCAMSC)
09/01/2017  HIBISCS - Realising The Value
26/12/2016  What the PROBLEMS of HIBISCS?
15/12/2016  Daily technical highlights - (YONGTAI, HIBISCS)
13/12/2016  Daily Market Update - 13 Dec 2016 (HIBISCS, COMCORP)
07/12/2016  PublicInvest Research Headlines - 7 Dec 2016
28/11/2016  PublicInvest Research Headlines - 28 Nov 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.
 
ahhuat02 i got see some money flow in hibiscs based on my chart but seem someone are pressing down don know what going on now... but i still holding until qr until 0.52-0.60
22/05/2017 22:13
ahhuat02 (美国.纽约22日讯)沙地阿拉伯能源部长法利赫表示,石油输出国组织(油盟)及俄罗斯等所有参与减产的国家,都已同意延长减产效期九个月,直到明年3月底止,“大伙全都已经上船”,让全球原油库存量降到五年均值。专家预测纽约油价年底前将回升到每桶55至60美元。

油盟及伙伴国将于25日召开部长级会议。法利赫指出:“跟我谈过的每一个国家,都表示延长九个月是明智的决定。”

他强调,减产行动未设定目标油价,“大家都愿意延长减产,因为我们知道尚未达成降低全球原油库存目标”。

美国能源资讯局(EIA)的数据显示,4月底全球工业国家的商用原油库存量略高于30亿桶,比五年均值多3.07亿桶。

油盟所属的经济委员会正在检讨多种减产数量及效期的可能选项,供部长会议参考。根据彭博资讯计算,若油盟与俄罗斯延长减产9个月,将让已开发国家逼近历史新高的原油库存,减少8%,并消弭对油价造成压力的库存过剩。

Jefferies公司分析师指出,油盟虽将延长减产,但美国油井数及产量回升速度都超出预期,因此下修纽约油价的今年第三季平均油价预估到每桶55美元,第四季预估将涨到每桶58美元。

法国兴业银行则预测,由于第三、四季都是需求旺季,年底时油价将涨到每桶55到60美元之间。
22/05/2017 22:19
rr88 Attempt at recovery above downtrend line failed today
22/05/2017 22:43
tecpower Oil is up.
23/05/2017 06:33
Keposhare Today 0.48
23/05/2017 06:35
goodview hopefully
23/05/2017 06:38
ankahill Hope It wont fall back to 42 sen.
23/05/2017 07:44
kklim260 i often see the situation where the counter tries to gain up and someone likes to press down the the price .. and maintain the last done price ..
Any sifu know why and what is the benefit of doing that ..

ahhuat02 i got see some money flow in hibiscs based on my chart but seem someone are pressing down don know what going on now... but i still holding until qr until 0.52-0.60
22/05/2017 22:13
23/05/2017 08:49
ankahill Today might fall back to 43 sen. 96 % buying but it only goes up half sen. :(
23/05/2017 09:20
IronShirt those bought @0.415 last friday will throw if 0.44 is breached
23/05/2017 10:02
ahhuat02 qr bad or wat? someone keep press leh walao
23/05/2017 10:45
ahhuat02 the bolinngger band of hibiscs become tight already it means that anytime can fly but need waiting the right timing
23/05/2017 11:01
Solo Should be good.
Fly to 50 cent please, i have waited so long for this.
23/05/2017 12:20
Ahle seems like today will maintain the same as ytd
23/05/2017 13:03
ahhuat02 maybe someone keep collect at 0.44 the volume become big at there
23/05/2017 14:37
ankahill 42 sen coming?? Will collect some more.
23/05/2017 15:36
GM68 in less than 1 month the brent oil price gain 5 USD, this is about 10%. Every 1 USD is equal to about 1 milion ringgit in profite for Hibisucs per quarter.
23/05/2017 16:46
VenFx Leveling your entry at ranging of
0.420 -0.445 is quite safe now.

BUNGA RAYA menjelang merah meriah lagi.
23/05/2017 16:53
w6999 GM 68, if your assumption is right , example last quarter they make nett profit around RM 10 mil, average at USD 42 per barrel. Assuming prediction remaining the same 3000 barrel per day , in one Q they are producing 270,000 barrel of oil. Increase of 1USD will give them additional profit of USD 270k ( RM 1.16 mil). From USD 42 to average coming quarter the oil price average is around USD 52, that is staggering of USD 10 increase per barrel. Which means this coming quarter results will at least have increase of RM 11.6 mil profit ? Add with base profit of RM 10 mil, perhaps Hibiscus will report around RM 20-22 mil profit ? Anyone agree on this simple calculations?
23/05/2017 17:04
TrippleZ Gain from oil price fluctuation is not solid growth. Hibi better show us solid growth.
23/05/2017 17:33
Betta68 W6999, i have pridicted a 20 milion ringgit in net profit for the perode between 1 jan and 31 march 2017,, this is based on similar approach you have just shared..
23/05/2017 17:33
Betta68 Proven and recoverbal reserve is solid to me.
23/05/2017 17:38
Keposhare Hi All...that's all assumption..when is next AGM or quarterly report?? Petronas had approved the deal??
23/05/2017 17:40
Keposhare If Petronas reject the deal...will it fall back to below 20sen??
23/05/2017 17:40
alone http://klse.i3investor.com/m/blog/onereasontoownhibiscus/120273.jsp
23/05/2017 18:01
w6999 Hibiscus is oil commodity producer , of course their profit and loss depends on oil price which it's not under their control. What they can control is operating cost which will translate into their bottom line. Looks like today it has strong support ,strong quater is imminent I guess
23/05/2017 18:05
ahhuat02 hope will satisfy us with good result lol
23/05/2017 18:49
Keposhare When is the QR out?
23/05/2017 23:12
Kien Fu oil up, US market close higher.......... today should up................
24/05/2017 07:21
Betta68 Qr befor 31 may, it could be from today onward. Qr should be excelent this time. If Petronas reject the deal, which i personaly do not think so, than Hibiscus will have 120 milion ringgit in cash for other investment. Remmember that the core business of hibiscus management, is investment business..
24/05/2017 07:59
Betta68 Anasuria fpso was bought from Shell, and Sabah aquisition is also from Shell, and Shell and Petronas are good partner since 120 years... i see no reason for Petronas to reject the deal.
24/05/2017 08:02
Betta68 Brent oil price up again now 54.18 usd. Hibiscus should go up today, hope to close higher..
24/05/2017 08:04
Betta68 Opec will meet tommorow in Vienna to confirm the oil production cut extention for another 9 month, this should be sufficient to push the oil price up toward at least between 55 and 65 usd.. all good news for hibiscus to maitain a profitable income for the next 3 to 4 quarters to come.
24/05/2017 08:12
Kien Fu For those short term inverstor, if you want to sell make sure price hit 0.55 or 0.60 as i can see all good news seem come at the same time, hope it can shoot gao gao.........

OPEC output cut, QR result, Oil price up............ so many positive news.........
24/05/2017 08:21
Kien Fu CANT UNDERSTAND WHY DROP? ALL THE GOOD NEWS NOT REFLECT IN SHARE PRICE. WTF
24/05/2017 09:21
Buns If no good news in share price means operator throwing fish to buyers keep it low. Artifically suppressed.
24/05/2017 09:22
ankahill waiting at 42 sen ;D
24/05/2017 09:33
ahhuat02 i confirm someone collecting now
24/05/2017 09:34
ahhuat02 oil 54.21 hibiscs no response?
24/05/2017 09:43
GM68 Patient, bottom level is now 44c 45c.. ankahilll your waiting time is extended..
24/05/2017 09:51
Kien Fu 0.435 coming
24/05/2017 10:11
Solo 54.26 Oil .. Compare last week more than 10% increase d
Hib only increase from 42 cent to 44 cent? where is the remaining 5% increase?
24/05/2017 10:11
ahhuat02 橫盤越久 衝力越高 有人在吸盤!!
24/05/2017 10:13
ahhuat02 today no up another day sure up now clear no patience people first
24/05/2017 10:24
GM68 today all stock are sleepy, not enough trading volume to all stocks..trader are somehow bussy doing something else..hope they dont miss the chance to invest in this counter before too late..
24/05/2017 11:06
GM68 brent 54.34 USD, contniue up,, so next Hibiscus?
24/05/2017 11:11
GM68 I think everybody is waiting OPEC decision tomorrow. If they approved the cut extention we will see the oil price shouting up toward perhaps 58 USD, and everybody will rush to buy commodity shares, including Hibiscus , let hope.
24/05/2017 11:32
ahhuat02 now hibiscs left redbull to boost up...nvm my rcecap in flying breaking new high so will hibiscs
24/05/2017 11:36
ahhuat02 hibiscs 2nd qr will be good since the oil price continuing up.. let us see qr 1 first
24/05/2017 11:53
GM68 API data show a weekly decline in U.S. crude supplies, according to sources
Published: May 23, 2017 4:45 p.m. ET

By Myra P. Saefong
Markets/commodities reporter
 
Oil prices edged up in electronic trading Tuesday after the American Petroleum Institute reported a decline of 1.5 million barrels in U.S. crude supplies for the week ended May 19, according to sources. The API data also showed a drop of 3.2 million barrels in gasoline supplies, while inventories of distillates were down 1.9 million barrels, sources said. Supply data from the Energy Information Administration will be released Wednesday morning. Analysts polled by S&P Global Platts forecast a decrease of 2.8 million barrels in crude inventories. July crude CLN7, +0.16% was at $51.53 a barrel in electronic trading, up slightly from the contract’s settlement of $51.47 on the New York Mercantile Exchange.
24/05/2017 12:02


 

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