HIBISCUS PETROLEUM BHD
KLSE (MYR): HIBISCS (5199)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
2.61
Today's Change
0.00 (0.00%)
Day's Change
2.59 - 2.62
Trading Volume
975,800
Entitlement
Upcoming
Happening
| Ann. Date | Ex Date | Type | Subject | Amount |
|---|
Discussions
67 people like this. Showing 50 of 104,620 comments
Global oil demand will pick up strongly in May & June 😉
https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Global-Oil-Demand-Will-Pick-Up-Strongly-In-May-And-June.html
2 weeks ago
Err... not to Tradingeconomics, brent was slightly below 88 at 5:00 pm yesterday Malaysia time, and above 88 at 5pm today
2 weeks ago
https://www.aip.com.au/pricing/international-prices/international-market-watch
And according to above, Tapis trades above 94 most of the time in April and Brent mostly above 88
2 weeks ago
It wil probably move when you least expected. Again, its useless to focus on OIL PRICE. You rather buy futures if want to earn from oil price movement. E & P companies are valued on production PROMISES & barrels SOLD, cashflow, dividend payback and sometimes share buybacks.
2 weeks ago
Hibiscus just need some time for rest. Chill guys, we not come here to flame each other.
2 weeks ago
Hayo, i emphasize useless is that because u cannot predict oil price this year or next year. Did u predict 2020 pirce? No right. But they delivered on 2020 production figures which they plan to do. Can they produce 35,000 boe/day in 2025/26 as they plan to do? I think highly likely and share price also highly likely to follow proportionally.
2 weeks ago
Only past records and time can tell whether Hibiscus can deliver on production increase, especially when it comes to new drilling. Though, past oil price and near term oil price offer an estimate to its coming quarter earnings. With crude staying relatively high, above 70, even when market is expecting poor market demand, tells us the supply demand is tight and low oil price is not expected. Why else Occidental in the US is trading on a higher PE? To me, it partly suggests an expected higher for longer oil price and margin for oil production is good. Surely, a 35000 boe/day is always welcome, it only assure higher profits when oil is high.
2 weeks ago
SQRT (22.5*0.559*3.56)=6.69
IT IS QUITE ACCURATE FROM MY EXPERIENCE, all you need is PATIENT!
2 weeks ago
Just woke up from sleep! I dreamt of markets hv adjustments soon consistent with the saying, “Sell in May and go away”!
1 week ago
Still hv another 680,000 hib share yet to dispose… Brent oil price weakening too… OMG…
1 week ago
FED decided to keep high rate for longer period of time as inflation still high. Brent oil immediately crashing to USD 83! OMG!
1 week ago
Let’s hope our bro Azoff feels better now with the dropping of hibiscus share price…
1 week ago
Bro Azoff, hope you r ok. I m collecting back Hibiscus. Don’t say that I didn’t tell you, Bro Azoff.
6 days ago
Collected another 300,000 shares of hibiscus at the cost price of 2.58-2.60 today! Cheers!
5 days ago
Crude oil futures are bullish and would likely continue to climb higher than USD100 due to the supply and demand mismatch!
https://www.lightreading.com/ai-machine-learning/data-centers-to-run-out-of-power-in-two-years-says-digitalbridge-ceo
4 days ago
...its a turning point finally https://edition.cnn.com/2024/05/08/climate/clean-energy-milestone-ember/index.htm
...China and US and rest of the world ramping up in EV's, goal of most countries is ZERO ICE vehicles
...war, conflicts, OPEC close tap, etc.. Price of BRENT is still mostly down... shows less of fuel demand
...SHELL malaysia selling assets, why? demand reducing?
HIBISCS keep pump and pump oil to do what???? long run not looking good!!!
4 days ago
Why the IEA is Wrong About Peak Oil Demand
By David Messler - May 06, 2024,
In the episode titled, “Everyone is Rich,” Arjun posits what the impact on world energy demand would be if everyone was as energy-rich as the “Lucky,” 1.2 billion people that live in the Western World. More specifically, Arjun asks what it would mean for the other 7 billion people in China, India, Asia, and Africa to have the lifestyle that Americans, Canadians, Europeans, and a few other countries enjoy. The answer he comes up with on an absolute basis, 250 mm BOPD, using a reference point of 10 bbls a year!
Where are we now? The U.S consumes ~22 bbls of oil annually per capita while China consumes 3.7 bbls per capita. Indians use just 1.3 bbls per annum. That’s a pretty wide gap, and as Arjun notes, “economic growth and energy growth are one and the same. You do not get economic growth without adequate energy.”
https://oilprice.com/Energy/Crude-Oil/Why-the-IEA-is-Wrong-About-Peak-Oil-Demand.html
4 days ago
Now EIA estimates slower world oil demand growth in 2024 ... 😅
https://www.offshore-technology.com/news/eia-estimates-slower-world-oil-demand-growth-in-2024/
3 days ago
twynstar - thank you for sharing.
It appear as a no brainer that oil is an important commodity for the betterment of society (with its corresponding bad-side, especially plastic). Nonetheless, oil price has been disconnected from fundamental by so many with other agenda that perhaps in Malaysia, has a lack of gusto in return compared with the multitude of others. Yes, yes, it is long-term, but since 2017, it has been more bad than good.
A check with Hibiscus return (5-yrs is -4.4% while 1 year is up 9.21%).
The climate change narrative has to a large extend pulled the bottom out of investing in (oil/gas) production sector. Perhaps still need to learn more to improve return in investment like (o&g) service providers.
1 day ago
Do note that in all the discussion on net-zero, third world should remains poor or better still, cease to exist ....
1 day ago
Today write up on Klse Screener, by HLIB. TP of RM 3.20 Half year already earned around 20 cts/ share. New production coming in from Bunga Aster -1, Production will touch 28k, barrels per day by 2025. If we assume Eps for Year at 40 cents, by right it can touch RM 4. Results of Q3 will be out on 24 or 25/ May. It has a net cash of RM 486 mil, and can generate an Earnings Before Interest, Tax, and Depreciation , ebitda of RM 1.3 bil in FY 23.
1 day ago
The poor performance of late could be a result of failed drilling project announced end of March which will result in a RM 27 mil write off in quarterly report to be announced this month. The next quarterly report to be announced in Aug should be good though, thanks to a successful Bungar Aster announced end of April.
1 day ago
Post a Comment
Featured Posts
Get Your NVDA Share by Opening a Moomoo Account*!
Apps
Top Articles
2
Future Tech
4
save malaysia!
5
Dragon Leong blog
6
Good Articles to Share
7
Good Articles to Share
Why corporate America wants to stay silent on the 2024 election
8
Good Articles to Share
US Marine pilot arrested in Australia worked with Chinese hacker, lawyer says
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Six6thsense
How many additional barrel boss? Be more specific
2 weeks ago