Highlights
KLSE: HIBISCS (5199)       HIBISCUS PETROLEUM BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
1.03   -0.01 (0.96%)  1.03 - 1.04  11,518,400
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Annual Report

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[1] Click the View Annual Result icon table to view the annual result page.

Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
31-Mar-2012 24-Jul-2012 04-Sep-2012 View Annual Result
31-Mar-2011 21-Jul-2011 View Annual Result
31-Mar-2013 17-Jul-2013 29-Jul-2013 View Annual Result
31-Dec-2013 25-Apr-2014 04-Jun-2014 View Annual Result
30-Jun-2015 30-Oct-2015 19-Nov-2015 View Annual Result
30-Jun-2016 20-Oct-2016 31-Oct-2016 View Annual Result
30-Jun-2017 11-Oct-2017 31-Oct-2017 View Annual Result
30-Jun-2018 05-Oct-2018 31-Oct-2018 View Annual Result
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  44 people like this.
 
probability tick...
19/03/2019 19:12
probability tock...
19/03/2019 19:12
GRACE1966 Hibiscus is a control items in bursa.
19/03/2019 19:49
GRACE1966 Even break 70 or 75 USD, the operators would not allowed any share prices uptrend.
19/03/2019 19:51
GRACE1966 Better buy KYY.
19/03/2019 19:53
newbie911 Will kyy swap to hb from sinking ship dayang?
19/03/2019 20:24
titus If brent break 75 ah... I dun think operator in control a'dy. The craziness of minority will drive the price up the wall. Superinvestor alone will goreng till IB burnt le.. lol
19/03/2019 20:27
paperplane Haha.offtakes still 9 to 11mah, look at annual basis. Production going to goes up to 12k barrels by 2021. If 2023 the new oil field running better. But,don't forget got huge capex,and higher open loh.
The warrant 300mil use to fund part of capex loh. Then maybe do private placement, do also debt issuances loh
19/03/2019 20:53
deMusangking whatever lah! me have no shares here, just monitoring! have played alredi 4 rounds n all made some free Starbucks! will onli konsider if <0.95!!! otherwise just see see n hope the best for all here!!@@

haha
19/03/2019 20:56
RJ87 See if sohai here got any grey matter at all...

If IB keep selling low low...how long before IB runs out of shares to sell low low ar? And if IB can continue to sell, where they buy their shares from?

Hint: Got sohai selling back to them at lower price.
19/03/2019 20:58
deMusangking RJ87 probably caught n trapped here!!@@?????
may god bless u!!!!!@

haha
19/03/2019 21:00
RJ87 Don’t blame the IB or IDSS...their plan worked because got sohai. That’s a fact.
19/03/2019 21:12
RJ87 How does RJ trapped or not has to do with anything?

Calling a sohai a sohai has nothing to do with RJ position if He win or lose money?

If u r a small sohai. Shy away. If u r a big sohai, go ahead and answer that.

P.S. read the BIG IF.
19/03/2019 21:18
deMusangking haha!! weather is veri hot...just like ur anger!!!!!!!

coconut water best!!!!!!
19/03/2019 21:20
VenFx Musang , why teasing Rj87 ?
I tot you only like teasing Fanjen...kikiki

Lets move to new playground, want or not ?
Johotin not genting yaa !
LayHong not 雷红妹 ok !
19/03/2019 22:04
deMusangking layhong, kompletely out!!!! i hate chicken!!!!! haha
johoretin, may konsider!!!! haha
but me now gambling on jaks!!!!!!!!! at current price, just free Starbucks but no free ahmoiing yet!!!

hibiscus? more than 1.00, will not buy becos IB have 2 powerful tools... 1. they issue call warrants,their best source of profits! ...2. IB can short to suppress the mother share!!!!!

aanyway, best of luck to all including RJ87 who is trapped!!!!!!!!
19/03/2019 22:24
Moneymore Tomorrow another boring day...1.03~1.05 haiya...
19/03/2019 23:26
bullpiano Are u bearish or bullish in oil price? u may get some hints from below article.
Do enjoy reading
https://mp.weixin.qq.com/s/10X190LhkVSsSLX0Y0g0Hw
19/03/2019 23:58
Money122 WTI crude oil price reach 59usd..
20/03/2019 03:34
moreliver https://klse.i3investor.com/m/blog/investmalaysia2019/198307.jsp
20/03/2019 03:43
dragonslayer Aiyo...why still 104...still PE 5.0...many days oredy ...why so indecisive....always at PE 5.0....aiyoyo...kikiki
20/03/2019 08:37
Badak88 IDSS jumped in all at 1.04
20/03/2019 09:21
Maynot Idss has been playing here for the past 6 months. Whether you short term or long term play..you will still going longkang
20/03/2019 09:36
Michael87 When the time will come?????
20/03/2019 09:53
1128 I think IDSS will be for long time... only hope is oil price above 70.. hopefully
20/03/2019 09:54
newbie911 Everyday no power despite brent bullish, wat happen ???
20/03/2019 11:46
KY-Gel kasi KY Gel kaw2 baru sedap mah..
20/03/2019 12:03
Jeffreyboy KY-Gel.... Any update on the Hibiscs presentation on Invest Malaysia 2019?
20/03/2019 12:47
dragonslayer Aiyo...really still 1.04 lagi kah....mau gila lah…so many superpromoters keluar promote...still ..1.04.....lol....aiyoyo...kikiki
20/03/2019 13:06
shahbj Ding dong ding dong ding dong..so sleepy..
20/03/2019 13:26
titus wow....wti price is closing gap to brent oil leh......
20/03/2019 14:11
bc8660 should buy in some now since brent oil steady uptrend.
20/03/2019 14:53
ankahill Hope it can go lower. So can collect some more.:)
20/03/2019 14:58
speedlikecy why everyday IDSS volume so high ya? almost half of the trade volume.
20/03/2019 15:09
ankahill Today close - 1sen.
20/03/2019 16:01
fh2472 KY Gel
"FDP approved, FPSO on location, first well subsea immediate production and cashflow. we are not building a new FPSO, but use the existing one, and put the first well right on the spot. "

Bulding new FPSO and luring other undeveloped fields nearby tie-ins, is what the management has in mind I think.
20/03/2019 16:30
Anthem2 Almost 4M IDiotSS transacted at average 1.032. Price today lowest 1.03. You would expect buying frenzy after 4 pm to clear their shorts but instead selling frenzy at buy Q of 1.03! Seems big syndicates involved with huge resourced selling their own shares to the IDiotSS parked in the buy Q.
20/03/2019 16:36
bylkw2 Hibiscus looking for partner to develop drilling infrastructure in Australia
https://www.theedgemarkets.com/article/hibiscus-looking-partner-develop-drilling-infrastructure-australia
20/03/2019 16:43
DickyMe 70 sen coming soon. Rubbish belongs to the thrash bin.
20/03/2019 17:07
Dericlock Hmm....Dr Ken is mentioning 12,000bbls on 2021.
Then why setting a mission of 20,00bbls that hibiscus cant achieve?

Some mark deducted from it, where they set a high target that unreachable and kind of giving up on achieving it.....
20/03/2019 17:07
dragonslayer Aiyo...no money to start korek lobang minyak..need to give priority lah...lower cost one ...must korek first...expensive one...JV lor...like this cannot achieve 20kbpd lah...Oman talked so long also no oil lagi kah….lol...wakakaka...kikiki
20/03/2019 17:17
DickyMe ARI NI ATAS BAWAH PUN MESTI MATI kikikiki...
20/03/2019 17:29
newbie8080 Based on the annual report,it read as below.
Maybe the statement year 2021 refers to the 100 million reserves only.

If you break up the sentence,

"advancing us further towards achievement of our target of producing 20,000 barrels of oil per day"

"100 million barrels of proven and probable oil reserves by 2021"

-------------------------------------------------------------------------------------------------
Financial Year (FY) 2018 was a year of scaling up for Hibiscus Petroleum Berhad
as we emerge bigger, stronger and more sustainable following the successful acquisition of the North Sabah Enhanced Oil Recovery Production Sharing Contract (North Sabah PSC) from Sabah Shell Petroleum Company Limited and Shell Sabah Selatan Sdn Bhd. The transaction gives us immediate access to proven and probable oil and gas reserves with immense future potential upside, adding a second positive cash flow stream to complement our Anasuria Cluster revenue. Our workforce has also expanded with the successful integration of the North Sabah PSC’s team of experienced industry professionals, thus increasing our scale and strengthening our capability as the first listed independent pure play oil and gas exploration and production company in Malaysia.

In addition, we have recently concluded a strategic 50% acquisition of participating interests in new discovered oilfields offshore in the United Kingdom. The stake in Production Licence No. P.198 Blocks 15/13a and 15/13b increases our aggregate contingent oil resources to 68.5 million barrels, advancing us further towards achievement of our target of producing 20,000 barrels of oil per day and 100 million barrels of proven and probable oil reserves by 2021.
This high aim and our upward growth trajectory are portrayed as momentum lines set against the images of our two assets, a North Sabah PSC production platform and the Anasuria Floating Production Storage and Offloading facility,and a scenery of optimism as the sun rises on the horizon of Mount Kinabalu.
20/03/2019 17:29
DickyMe You can produce a billion barrel a day but oil price is going to fall below USD$20 per barrel. kikikikiki
20/03/2019 17:33
Dericlock newbie8080, Just go and read their investors' slides. It is under (2017-2021) Missions.
20/03/2019 17:40
DragonG Maybe change of strategy as many good announcements also do not move the share price upward.
Now announce lower target at 12K. Before 2021 ends announce able to achieve mission of 20K , share price sure sky rocking!
Share price must move up if not warrant holders will not subscribe the shares. Company needs the 300 million+ for expansion.
My personal view @@.
20/03/2019 18:01
tonywong8 This counter trading is dominated by the big boy through IDSS. When you buy, it become short sell to them and when you sell, you help them to push the price down. They will gain from your selling or buying. So to counter them, only way don't buy and sell, so that the counter will be quite down. They had accumulated quite substantial volume of IDSS and the only way is to stop buying and selling to them so that they have to buy back(buy up) to settle their IDSS. We are bully by them and to teach them a lesson by not to trade the counter until they give up IDSS or good quarterly result is coming out.
20/03/2019 18:28
Anthem2 Most Vision and Mission corporate statements will not set realistic targets eg to be the best or the biggest or the safest or achieve this amount of profit or have zero accidents! The last slide states that they aim to narrow the gap with the 2017-2021 Mission with new ventures or potential development of West Seahorse.
Hope nobody based their TP on a Mission Statement.
20/03/2019 18:31
tonywong8 From the trading of last few weeks, they will push down the price to Rm0.98 to Rm1.00 and start to buy back. When price go up to Rm1.05 to Rm1.08, they will start to IDSS again and the process is repeated. Don't buy and sell is the best way to counter them.
20/03/2019 18:37
Dericlock Anthem2, that's the thing. They only thinking to close the gap with west seahorse, but no solid plqn for it
20/03/2019 19:12


 

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