Management just did one of the greatest SBB today breaching 1 million units. Today's trading volume has shrunken below 4 million units. Let the SBB move continue. I believe by wiping out 10% of floating shares in the open market will push the price above 3 easily

Yes. Next qr u shall see hibiscus reap the reward from it's expansion

Good to know twynstar. At current rate of SBB, easily by next qr the total amount of SBB will be more than 10%. Anything would be possible with minimal amount of floating shares in the market and such a depressed share price will only make everything more feasible be it privatisation or takeover.

This hibiscus is a marathon stock. We knew it's undervalued. We knew the company is doing SBB aggressively by which they have accumulated almost 5% from open market so far. It's always a matter of time before the shorties, traders and gut-less minority realise it's impossible to push it down somemore

Production is 16kbbl/d due to various unplanned and planned maintenance. Production has from Oct onwards increase to 27kbbl/d. It's so easy to project it's profit based on production. Basically even at current low Brent price, profit will top 100-120 mill/qr. Most importantly cash flow didn't even drop but increase after the acquisition which strongly suggests that all future and ongoing projects will be carried out

Nuts analyst with nuts prediction. I dare them to press to that price so that I can enter more

To be frank, there's no such thing as fake transaction. It's a willing to buy and willing to sell basis. If someone decided to press it by selling tons, u can always man up and eat up everything. The prob is ppl don't have the guts. Always waiting for the lowest as if u can predict when will be the bottom

Basically the sentiment is very poor for oil. There won't be tremendous profit for hibiscus. But it's a growing company and there's no doubt about it

Announcement is made. Basically 600 million of final payment for the Brunei asset. Which will generate about 150 mill for the next 15 years assuming the JV last till 2039. Now it's obvious why hibiscus is so confident of it's balance sheet

To be honest, share price will only go up when the issued amount of shares be reduced tremendously or unexpected good news like Brent 100 be announced. As of now, we can see that management is still doing share buy back daily basis to justify their view that the share price is currently at an undervalued state. The direction of everything is right and the ball is in our court

Usually hibiscus only acquire brownfield at the right price, optimise the production, then maximise profit. I'm not sure whether Sarawak has any such brownfield for sale at the moment which is eyed by hibiscus

If the management wants to reach their target of 50k bbd soon, definitely acquiring asset is the only option. But whether financially is feasible to do so is another story.

Hibiscus doesn't randomly acquire blocks which might not be feasible for additional future farm in or exploration. My two cents opinion. Every move by hibiscus basically will have a future expansion plan around it's assets. And obviously hibiscus has enough of future capex to be committed till 2028.

Traders still thinking hibiscus is an more oil and less gas company. Nvm. Let them press more. I'm buying for the future. Anyway its a matter of belief. By 2028 with a production of 50k bbld. I don't believe it won't touch RM 5

Well said nazr690519a. The share price is out of our control. But the fundamentals can't be manipulated. Hibiscus has always plan ahead of time. We just need to follow their plan

Exactly ninja. The management decided for expansion than returning all profit to us. But am I sad about it? No. Bcoz the acquisition of repsol asset has proven to be deal of the century. And with the current depressed share price, it always provide us a chance to buy in. Those who keep pressing give us a chance to collect more.

The purchase price is about 1.2 bill. Deduct 20 percent of down payment then it's about 950 mill. Deduct the retained profit since 2021 till now, maybe another 400 mill. Deduct again the sliding USD myr rate by 8 percent which is about 40-50 mill. So I guess acquisition might just be around 500 mill range.

To be frank, I have been investing in hibiscus for a decade. From the Brent price of 100 to negative territory and back up to 130 and now 70 plus. Throughout this journey the return is not as good as other god like counters. But then we have to ask ourselves a question. Did the hibiscus management failed us before in terms of their guided production, forecast dividend, acquisition. As far as I remember, everything they promised they do make it come true. The only setback in this counter is the continuous fall of share price. But that's the consequence of expansion, as somebody knew that with the acquisition, new drilling, high capex, the company wouldn't be able to fight the market using share buy back. However as soon as hibiscus made more n more profit, the free cash flow in the coffer may finally be used to support its share price

370 million for dividend? 7.5cents per share. With 80 million shares it will be about 60 million? I was wondering u keep bad mouthing hibiscus and wat is Ur intention if Ur facts and figures r wrong

Didn't u read that the acquisition was done many years back. The profit accrued from the time of acquisition till October 2024 is almost sufficient to cover the cost of acquisition. And the capex. Didn't u read it's just a estimated capex. Same like the capex for 2024 was estimated to be higher but actual is lower? Dr K had grew this company from a few k bbd to almost 35k bbd in 2025. Can't you just has faith in his management and numbers

Bcoz hibiscus has to pay the deposit for the acquisition of Brunei asset

Albukhary is back. We need you texchem input