Last Price Today's Change   Day's Range   Trading Volume
0.60   -0.01 (1.64%)  0.60 - 0.625  34,296,600
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  55 people like this.
Sneakpeek price will breach USD 49 this morning +, News on acquisition
26/11/2020 10:05 AM
AllYouCanBuy https://oilprice.com/Energy/Energy-General/Bank-Of-America-Sees-60-Oil-Next-Summer.html
26/11/2020 11:16 AM
de_investor sure fly anytime....
26/11/2020 11:20 AM
Kent33888 Come on... Start boat
26/11/2020 11:35 AM
hendrycheah I think boat wont start until until the budget decision is clearer
26/11/2020 11:37 AM
Shayidbai Teroklah bursa malaysia...bole fly tp xnk fly...
26/11/2020 11:48 AM
Financier https://www.kopitiamtalk.com/does-a-biden-presidency-mean-the-downfall-of-oil-and-gas/
26/11/2020 3:38 PM
ceoshare QR result soon... may be nope really good...
26/11/2020 3:43 PM
micsoh Like this also can dump 30m, share, yesterday buy today buang.
26/11/2020 4:11 PM
hendrycheah don't worry micsoh, we have a lots of good sentiment coming up, better qtr report, OPEC+ meeting, and approval of Vaccine by nxt 14 days..Pfizer said that 4.5m of vaccine will be ready by 11 Dec.. most of upcoming news will send oil and bunga raya price higher
26/11/2020 4:44 PM
micsoh Yeap, hendryc. Hope at least stand at 60sen above, but this share too emotional.
26/11/2020 4:48 PM
AllYouCanBuy @hendrycheah Agree! Look forward to more upcoming good news. The worst is behind us. Cheers!!
26/11/2020 7:12 PM
canbuyla more to go up ??follow oil price
26/11/2020 7:17 PM
tkl88 Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.
26/11/2020 8:20 PM
pea3034 tkl88 tak paya sent benda benda macam ini jgn cust and past ,silap 2 awak pun tak baca artikel ini
27/11/2020 10:05 AM
micsoh 48 dollar of oil price also cannot push this share to 65 sen, don't know what ready is the factor of influence to this share.
27/11/2020 11:05 AM
Miz Raya Bloom adeh jatuh sikit harga minyak, kaunter ini terus merah
27/11/2020 11:21 AM
micsoh Last time 45 oil price, share price even goto 70sen, this time 60, sen also cannot stand, this year many weird thing happened.
27/11/2020 11:24 AM
KAQ4468 Satu dua hari merah tak boleh ka?
27/11/2020 11:49 AM
KAQ4468 Mau hari hari hijau ka?
27/11/2020 11:49 AM
micsoh This share mostly is merah lah, where got hijau lebih Dari merah, u still tidur lah.
27/11/2020 12:01 PM
micsoh If hijau banyak, than it is 70 or 80 Sen already.
27/11/2020 12:03 PM
VenFx Vaccine having their crazy bull ever

Energy sector next broadly BULL RUN ?
27/11/2020 3:22 PM
Armada Quantum Leap Stock In 2020 lol.. talk syok sendiri.
Never mind, I replying. Haha...

Posted by VenFx > Nov 27, 2020 3:22 PM | Report Abuse

Vaccine having their crazy bull ever

Energy sector next broadly BULL RUN ?
27/11/2020 6:07 PM
Shayidbai Qr come ready...
27/11/2020 6:20 PM
birkincollector not bad back to black
27/11/2020 8:56 PM
kokchengkai Qr page 18,19 mst read...
28/11/2020 8:47 AM
VenFx Brent oil 有效支撑点$47.60保守的很好
"Oil Rally A 'Head-Scratcher' as Price Charges to Fourth Week of Gains"


LETS PRAY FOR OPEC+ good news next week..
28/11/2020 9:20 AM
VenFx Overniye Brent closed at $48.28
28/11/2020 9:28 AM
Tang Khangseng @kokchengkai: Would you mind to share what you understand fr the QR? :-)
28/11/2020 10:07 AM
Kimly2 VenFx, recover from kstar lost?
so fast move to O&G now?

Posted by VenFx > Nov 28, 2020 9:28 AM | Report Abuse

Overniye Brent closed at $48.28
28/11/2020 2:57 PM
izoklse Higher oil prices bring Hibiscus back into the black in 1Q


KUALA LUMPUR (Nov 27): Hibiscus Petroleum Bhd was back into the black in its first quarter ended Sept 30, 2020 (1QFY21) with a net profit of RM10.03 million, from a net loss of RM145.2 million in the preceding quarter.

The oil and gas (O&G) gas group attributed its return to profitability to higher oil prices and greater output from its North Sabah, Anasuria Hibiscus and 3D Oil, VIC/L31 and VIC/P57 assets.

Revenue jumped 268.38% to RM145.49 million, from RM39.5 million in 4QFY20, according to the group’s filing with Bursa Malaysia.

On a year-on-year basis, the net profit was down 38.18% from RM16.23 million in 1QFY20, while revenue fell 8.67% from the RM159.3 million.

Hibiscus did not declare a dividend for this quarter, as in the case of 1QFY20.
Hibiscus said it sold 842,790 barrels of crude oil in 1QFY21.

“The group has seen oil prices at various price levels, on some occasions lower and other times, higher than at the current time, but the group has managed to remain profitable throughout these fluctuations.

“This is primarily because our average unit production costs for both the Anasuria and North Sabah assets have been below the average realised oil price at the relevant times,” the group said.

This, it added, showed that the careful management of costs to maintain low operational expenditure and the successful execution of production enhancement projects are key towards achieving low unit production costs and the delivery of a continued healthy earnings

Hibiscus reiterated it has activated various plans to mitigate the effects of low oil prices over the 2020 period.

“These efforts have continued via the deferral of non-critical opex activities and prudent management of general and administrative expenses.

“The North Sabah asset team successfully completed the St Joseph Minor and Major Sands Redevelopment project in the current quarter, resulting in an instantaneous incremental 2,200 barrels per day of crude oil production and an addition of approximately four million stock tank barrels of incremental life of field gross reserves.

“The four new infill wells led to daily gross production capacity in North Sabah exceeding 20,000 barrels per day in September 2020,” it added.
Shares in Hibiscus closed 1.67% or sen lower at 61 sen apiece, giving it a market capitalisation of RM968.82 million. The counter saw 26.58 million shared traded.
29/11/2020 9:19 AM
izoklse Good Job Hibiscus.
29/11/2020 9:55 AM
Shayidbai Tomorrow hibiscus wa fly gogogogog
29/11/2020 10:07 AM
hendrycheah This is just one of a few upcoming good news i.e. vaccine approved by FDA, acquiring of new assets and possible oil price up (due to approval of vaccn). Road to 80c
29/11/2020 1:12 PM
homhom https://www.theedgemarkets.com/article/iraq-oil-minister-says-will-not-seek-exemption-opec-deal-%E2%80%94-state-paper

The minister, Ihsan Abdul Jabbar (pictured), said the commitment of members to the deal would help boost oil prices and Iraq was not seeking exemption, “fearing from new retreat in oil prices”, the newspaper reported
29/11/2020 1:15 PM
KAQ4468 aiyaaaaa
29/11/2020 1:25 PM
KAQ4468 gua tido mehhh ??

tido sambil kira profit lorrr ... kah kah kah kayaaaaa

my ticket only 28 cents ....now 61 cents

28 cents to 61 cents ..... it's hijau lorrrrrr

Posted by micsoh > Nov 27, 2020 12:01 PM | Report Abuse

This share mostly is merah lah, where got hijau lebih Dari merah, u still tidur lah.
29/11/2020 1:28 PM
jibrilsayang1 Betul la u cakap.Merah lagi.Naik 0.6xx baru wa hijau hahaha
29/11/2020 9:02 PM
KAQ4468 Don't worry

With bunga raya.. Everyone will hijau
29/11/2020 9:04 PM
KAQ4468 Hope no more RM 2.60 punya ticket holder still playing around


Dulu dulu gua main ini bunga raya.. RM1. 20 tembak pergi RM2. 60
29/11/2020 9:06 PM
DickyMe Wa dulu selalu cakap, bunga raya akan layu. Dah tenggelam sampai 25.sen

Wa pun rembat tiket..Dia naik sampai 7 kupang..hah! apa lagi..amik untung.

Tunggu punya tunggu tak boleh turun 40 sen,

Leka sikit dah sampai 50 sen..apa lagi REMBAT tiket lagi rege 52 sen....

Tunggu 80 sen.
29/11/2020 9:16 PM
hendrycheah Dicky untung banyak lah
30/11/2020 10:25 AM
air01557 Immediate TP is 0.65 n TP2 is 0.71 All O&G counters are on recovery mode now.
30/11/2020 11:12 AM
KAQ4468 Aiyoooo Ah Dick

Lu rembat diam diam haaaaaa.. Tarak kasi tau kawan kawan pun..

Hahaha.. Rembat depan or rembat belakang?
30/11/2020 1:27 PM
micsoh Merah lagi.
30/11/2020 4:39 PM
Superb99 Ya, ngeri, I tengok 3 counters...carimin, deleum and hibiscs...choosed this hibiscs....gg..lol
30/11/2020 6:53 PM
DickyMe "
DickyMe "
DickyMe Onboard @0.52 sen. Voyage begins in 60 days.
23/09/2020 10:13 AM" <<<<<<<<< SEPTEMBER 2020

23/11/2020 cukup 60 hari...

Boleh terbang kah?

19/11/2020 12:28 AM

@KAQ Wa sudah lama bagi status..

Ni, Brent mungkin nak cecah $54, maks $58.

Kalau nak lepas $50 payah sangat,..Roger jer!
30/11/2020 10:21 PM
KAQ4468 Cantekkkkkk bro
30/11/2020 11:06 PM
KAQ4468 Peewiittttt
30/11/2020 11:06 PM

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