Hibiscus anasuria fpso is the larges ever new build fpso, it was build by Shell and sold to hibiscus 2 years ago, it have the capacity to store milions of barrels, lets say 1 milions devided to 4000 bbl a day, this give hibiscus a 250 days storage.. to pay all expenses during what ever time required befor selling the oil, lets say 13 usd per barrels means 4000 x 13 make 52000 usd, hibiscus last two quarters net profit was 17 milion ringgit, what do you think they are doing with this money?,,just visit their website and you find all info,,, brent closed higher at 49.47 usd. Good luck to all, keep the spirit high..

Wait Sabah shell aquisition announcement, it should be by 26 may as well..or earlier.

The oil price fall is temporary, i would hold and wait opec meeting 25 may and Q3 report 26 may,

Part of the game, some try to create a market panic to make you sell, either news from north korea, frensh election, shall oil, etc... this happen all time,, once you sell, the share will rise again..

Hold, hold hold, show some support.. oil price will have to move up by end this month when opec meet.

Read Hibiscus FAQ on its website, as he explain that sofar the reason for share fall is a market sentiment, if there is any news that impact hibiscus earning he would have announced that long time ago,, sofar so good.

Bought dnex at 0.285 sold at 0.445,
bought back at 0.395 sold at 0.485,
bought back at 0.460 sold at 0.675, game over, many thanks to dnex, next is HIBISCUS,,

Today perhaps 0.35

Oil price is stable between 50 and 52 usd. Why you guys are still not convince? Hibiscus net profit of each barrels is about 50-13= 37usd. If opec including russia suceed with the oil production cut extension of another 6 month, then the expectation for a new stable oil price to be between 57 and 60 usd, then hibiscus net profit of every barrel will increase to 44 usd. You can wait till 26 may for the QUarter report if you want to be sure..but if i was you and have money to invest i better take my chance and buy now.

Next is 1.2 bilion project..

Tomorrow, is the time to fly, 109 milion project for 36 month,, this is it.

Only human like me and you can influence the share price, if you have enough trus in this company, then keep buying its share, but if you don't just sell and move on to other, very simple equation.

Looking for new target price above 0.5, just wait the QR announcement and u will see end of this month..

50% chance, good to jump in..

O&G counter will have to perform good today,, lets support Dnex and Hibiscus..

Those who still intrested in this counter and thinking to enter, this is the moment, hope today hibiscu showe his strength..good announcement may come sooner then we thought..

Oil price is stable and recovered to 51.66 usd and hibiscus share price has been stable now for the past 4 weeks, 0.430 is the bottom line, the only way for the share is to go up, up.

Tomorrow 0.355...

Johnfatt, how come you knew the exact number 2,471,900 !!! How do we know it wasn't you...

Hibiscus cost per barrel is less then 13 usd, according to its latest quarter report. Oil is still stable, OPEC will not allow the WTI to go beyound 50 usd and will be happy with a brent price between 50 and 52 usd.. like this oil is stable, usa shall production cannot growth since bank will not be so reluctent to lend money to usa shall fracking corperation,,on the other hand global oil and gas company can maintain making profit at this level, everybody happy, same goes for hibiscus..keep trusting in the fundamental. 1 or 2 dolars less per barrel will not make too big different to hibiscus income 2/50=4%, as they can adjust and wait for better market price when selling there stored oil onboard the Anasuria FPSO..

One thing i am sure about, is that brent oil price will not fall back below 50 usd, so now the oil and gas market is stabilized and China growth is up to 6.5% which will increase the demand for oil.. so i wounder what keep the trader not entering here?..and buy Hibiscus, what are they waiting for? Perhaps bussy with DNex! Soon they will come back here, we shall see.

Benefit from cheap share and try to collect, oil price between 50 and 52 usd stable enough for hibiscus,,, soon QR announcement and Sabah shell field aquisition approval will be available, after tbat no more cheap share with hibiscus... tp 0.6 or above

With the current brent price arround 50usd Hibiscus oil reserve can generate about 100 milion ringgit net profite per year and last at least 25 years of production from Anasuria....buy and keep, long term tp not less then 1 rm.

Tomorrow, should be a good day for hibiscus, the market sentiment is good, oil is up, if the oil price continue up during night session, hibiscus will open higher..

Heng0202, translation would be nice to read..

Is it 30 c or 27c?

At what price should buy? Any good advice here?

If the share move due to human, that be smart and do not sell cheap,, if you have not yet bought hibiscus share, this is the moment to collect cheap,, hurry up, buy with confidance,, at own risk, study the company fundamental,, and make your decision..

Look like brent oil price is moving up as predicted, thefe is alot of news on the market that make the price go higher, especially, Iran sanction may come back, North Korea still on the map, Libya biggest field is again targeted, Canadian oil spil and gas leak force pipe shut down,, no matter how the usa increase there shall production or adding more riggs they will not bypass this,, all and all brent will remain above 50 usd and this price is enough for hibiscus to earn a confertable profite and keep the business as usual,, tomorrow share price will move up,,

How Dnex will do on Tuesday? I sold half of my share at 0.510 last friday..now i am not sure if the share will go up or down, perhaps remain at 0.505 for a long time!..any advice here?

Alone, good point, Hibiscus can profit from both senario, if the oil price cheape, he buy more asset, of the oil price is high he sell with more profite, brilliant,,,

The oil price is alwayse up and down, for short term this may not be healthy for thise who wantvto score in couple of days,, however on the long run,, the brent oil price will not fall below 50 usd and this is for sure since OPEC will not sit and watch and let it happening, if necessary they may create a war in Libya or Iran to pushvthe oil price up, if they could not convince the USA to slow down with oil rigg and shall production.. the market is stable as GM68 alwayse say, the brent price will be between 50 and 52 usd, and not below this level. If brent price go up more this is additional profit to Hibiscus,, which we all should be happy for it.. the current share price is good for oil price arround 41 usd,, now its trading at 52 usd, so there is enough margin for profite and for the share to climb up,, it is just a matter of time and tge share will eventially rebound to 0.60.

Lets not forget that hibiscus also own a couple of licences in Australia and midle east in addition to Anasuria, these licences worth alot these days,, also not to forget Anasuria reserve that showed doubeling values from the purchase value. Espacially now with the current oil price, the asset value is now worth at least 20% more comparing to 6 month ago,, on the long run, hibiscus is still a very healthy company to invest in..

I am happy of buying hibiscus at 0.450 on tueasday, any one want to sell it for me cheaper then that price i ll be more happy to take it..i will not take risk this time by beeing late to top up..

I fully support you battosai123,,

Hibiscus Oil reserve from Anasuria will last at least 40 years.. this is what the shareholder should look at..

Jayalbert, all i am saying is that Hibiscus share is already undervalued, the oil price decrease on friday may be an oppurtunety to still catch Hibiscus at 0.450 before the share start to climb.. i do not see any fundamental reason for the share to move down..

Hibiscus share still cheap to collect,,there is hardly no one is willing to sell below 0.445...hibiscus earning results will be published by end May 2017, result should be excelent.

Hibiscus sell brent, price now 51.92 usd/bbls

Hibiscus is not realy effected by the daily oil price, as he do not sell oil every day. The art of having FPSO for your oil storage is that you keep producing oil and stor it while you negotiate a good price or even wait for better market price, Hibiscus produce 4000 barels a day and his FPSO can store up to 300000 barrels,bthis means up to 75 days, and hibiscus sell his oil in batch, on time, at good price, when the market is good,, so do not worry about the daily price, just hope the average or price for June and July 2017 is better than now, with OPEC will to extend cut, the oil price will be stabilized at arround 60 usd.

Not sure why Mitra is not moving up as it should, useless stock when the company score new project and give nothing back to the shareholders,,, devident is never enough..

Disapointing counter, sold all..

If you are a new investor, just buy as much you can, act fast now before too late, join the queu to be the first to get the share cheap, tuesday the share will open higher, i predict 0.450...

Armada.. you have information to share? Hibiscus still a good company to invest in the long term,,, keep your share, hold as much you can do not sell cheap, 0.44 still very cheap,,,potantial is high for the share to move up to 0.500 and follow Dnex trend. Monday is public holiday in Malaysia, enjoy the long weekend.

Keep going up up up,,come on...

Good news coming soon, buy befor too late..trade at your own risk..

Stop talking ... start action....buy,buy,buy, go go go..

Keep going, go go go

Go up never look back...

Run higher run up gogogo