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Overview
Financial Highlight
HeadlinesBusiness Background Hibiscus Petroleum Bhd along with its subsidiaries is engaged in exploration and development of oil and gas. It has operations in Middle East, Norway and Oceania regions.
  pang72 After 10 years bullying by Donald Duck to let go Brent oil drop to negative during Covid crisis.. Saudi/Russian/ China + Opec patiently going through the tough time one and another challenge along the way.. Putin/Xi/King will not let go the golden opportunity to wake the US up.. Brent oil will surge pass usd100 in weeks!!! 15/10/2021 1:57 PM pang72 Malaysian will proud again under Petronas... This is one of the most profitable company in the world.. Don't forget mini Petronas - hibiscus 15/10/2021 1:58 PM DickyMe3 Yup! Global market will crash. Hope you all have not forgotten 2008, 1997, 1987 ... 15/10/2021 2:08 PM BoomBerg https://oilprice.com/Energy/Oil-Prices/Putin-100-Oil-Is-Quite-Possible.html 15/10/2021 2:11 PM Tantoro Putin: $100 Oil Is “Quite Possible” By Tsvetana Paraskova - Oct 13, 2021, 11:00 AM CDT It is “quite possible” that the WTI Crude oil prices reach $100 per barrel in light of growing global demand for energy commodities, Russian President Vladimir Putin said on Wednesday Putin: Russia and its allies in the OPEC+ oil producer group want a stable oil market without any shock spikes in prices 15/10/2021 2:12 PM DickyMe3 https://klse.i3investor.com/blogs/Dickblog/2021-10-07-story-h1591937663-Crude_Oil_Screeching_End.jsp 15/10/2021 2:12 PM  Winner128 Today friday will anyone need to sell ticket to save yourself on weekend. 15/10/2021 2:45 PM  paktua73 love to see bungaraya back heading to rm0.98 will be reality on next week? let we see.. tut tut long wait to hit rm1.00 15/10/2021 3:10 PM pang72 This applefool sell sell sell till getting higher higher..93.5 now My queue at 91.5c sudah tenggelam.... Apa la!!! 15/10/2021 3:33 PM UlarSawa Go back minum susu kambing lah. 40Sen kambing. Rm1.00 kambing lah. Correct? Posted by DickyMe3 > Oct 15, 2021 11:57 AM | Report Abuse 40 sen coming soon! 15/10/2021 3:54 PM UlarSawa Cannot like Gloves lah. Hibiscus not so big like petronas leh. correct? Posted by GeneralXVIII > Oct 15, 2021 3:52 PM | Report Abuse will hibiscs/oil be like glove industry back in april 2020?? 15/10/2021 3:56 PM followthetrend https://klse.i3investor.com/blogs/followtrend/2021-10-15-story-h1592711074-Be_fearful_when_everyone_is_greedy.jsp 15/10/2021 4:03 PM GeneralXVIII @UlarSawa okay thanks! not sure when to exit.. but I think I will continue to hold until I see the results after acquisition of Repsol 15/10/2021 4:05 PM followthetrend As inflation is high, all commodity prices go up. this time will be slightly different. Expecting more government intervention on crude oil market to stop inflation continuously occurring will cause a market crash in stock market. Prices of products too high, no demand in the consumer market as consumers can't accept highly inflated prices. Take your profit while u can. 15/10/2021 4:08 PM followthetrend In my opinion, all leverage apps like Robinhood, Etoro, which have margin facilities will lead to fastest drop in the market, which is continuous margin call until everyone is liquidated and in loss. 15/10/2021 4:09 PM followthetrend When everyone in the market is earning money, which is similar to 1918 Spanish flu event. after the Spanish flu, the market continuous up exponential until everyone also can earn easy money. This time, when 2020 Covid 19 happens. then QE infinite leads the market expands too fast. Therefore we won't need a 10 years to achieve a new market record high, instead we did it within 1 and 7 months only. This is because QE and money printing too fast leads market expansion overload. Nevertheless, this time, when QE is over, the market will crash at a speed which no matter can imagine also. Disclaimer: The content is only for sharing, discussion and field analysis, not an investment advice, buy or sell at your own risk. Please Like and Share. The final decision is always yours, thank you. 15/10/2021 4:15 PM  cheeseburger anything is possible, wait n see what is next. dont think US will let this going high and hurt their economy for long. 15/10/2021 4:16 PM pang72 I need to do PhD research in hibiscus liao... MY SMELLING PROJECT DETECTED BLACK GOLD IN HIBISCUS!! 97.5% CONFIDENT LEVEL!!! 15/10/2021 4:16 PM followthetrend cheeseburger i agree with you anything is possible in the market. in my opinion, US will not able to recover fast due to financial constraint which in another market crash, they have no ability to print more money to save the market. Instead, they will allow open market to see whether which company have the strongest balance sheet to survive the market crash. This is my 2 cent. But the chart is too similar to the 2000s bubble. 15/10/2021 4:20 PM pang72 I CAN'T DETECT FART BUT LIMIT UP OR MONEY!! THIS IS CLASIFFIED AS MONEY SMELL!! NOT LIMIT UP!! 15/10/2021 4:22 PM followthetrend in 05 October 1998 to 05 March 2000s peak, it uses 518+ days to reach all time high. in the correction, it uses 940+ days to find a bottom to settle down. in 30 March 2020 to 15 October 2021s peak, we uses 526+ days to reach an all time high. in the correction, assumption: we will use 940+ days to find a bottom? 15/10/2021 4:27 PM followthetrend I don't like bear market, but it is always better to be cautious than keep finding opportunity in the market to trade. Hope everyone earns money here! 15/10/2021 4:28 PM lambsauce Saudi quiet coz still marah that oil crashed badly in Mar 2020 TP brent oil $90-100 by 2021, follow big US analysts 15/10/2021 4:38 PM Titan Wah Lau....dun tell me oil break 85 on weekend and go down again. Ini macam hibiscus will miss the run leh.....unless it maintain n continue uptrend, then Monday gap up.....sigh. next week Tuesday holiday lagi. Market close... 15/10/2021 7:24 PM izoklse i hope this oil bull continue until end of the month after budget and this counter surely will fly high like the rest of budget related counter every year. My only hope is there is no goodwill tax. kalau itu ada memang ba alip baya la government. 15/10/2021 7:52 PM kakiminyak Bila sudah capai 5 ringgit, kita bagi windfall tax sama gomen 5 sen. Cukupkah? Sekarang too early untuk cerita. 15/10/2021 10:08 PM bullmarket1628 Walaoeh, Oil price continue it’s bull run ! Brent closed at=> $84.84 +0.84 +1.00% Huat ah, Heng ah, Ong ah ! 16/10/2021 7:13 AM Hamsip While ular sawa n Zuliana sweet heart are quarrelling n everyone is self congratulating hibiscus mother share has only gone up 20 sen in 2 weeks... C16 will explode..... 16/10/2021 8:43 AM AJtheGreat https://www.theedgemarkets.com/article/oil-prices-rise-threeyear-high-back-supply-deficit-forecasts 16/10/2021 8:58 AM investor2021trading HIBISCUS PETROLEUM BERHAD - PRESS RELEASE EXPIRY OF LICENCE P2366 CONTAINING THE CROWN DISCOVERY Kuala Lumpur, 4 October 2021– 5.00 p.m. About Anasuria Hibiscus UK Limited (AHUK) is an indirect wholly-owned subsidiary of the Company. AHUK holds 87.5% operated interest in Licence P198 Blocks 15/13a and 15/13b containing the Marigold and Sunflower oilfields respectively, in addition to 50% joint-operating interests in the P013 licence consisting of the Teal, Teal South and Guillemot A fields, as well as 19.3% non-operating interest in the P185 licence consisting of the Cook field. The Teal, Teal South, Guillemot A and Cook fields which produce oil and gas to the Anasuria Floating Production Storage and Offloading facility are collectively known as the Anasuria Cluster. The Anasuria Cluster is located offshore in the United Kingdom sector of North Sea. Given that a common offtake solution has not been finalized for the area, AHUK is currently unwilling to commit to further investment in the Licence. AHUK had requested for a 12-month extension of Phase A of the Licence without further material financial commitments but after due consideration, the OGA was unable to accommodate AHUK’s request due to the terms of the Licence. Therefore, the Licence automatically terminated on 30 September 2021. 16/10/2021 10:15 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
