Wow 2.92!!

Brent going for $94 now. Rise too fast for my liking.

Believe oil will touch 100/barrel. Now still at 90/barrel. Share price still has some way to go up yet.

Sorry, oil price should hit usd90/bbl these 2 weeks n usd100 by Dec. Logically share price should easily be over Rm1.20 by then. But Hibiscus share price movements are illogical. In the end will still move up accordingly if patiently wait for it.

Sad to see this forum degenerate to a forum full of anger and accusations. Again, I say this forum do not belong to anyone.And he or she can put forward constructive comments whether for or against Hibiscus. Please do not attack anybody who does not concur with your view.
For what is worth, I believe it will climb back within these 2 weeks.It can shoot up only if big players see long term value in it as it is no more a SPAC.

Since they need to raise more funds for next stage of activities, they will not allow the price to drop. Expect to see more upside these few weeks. Let's see if my deduction is correct ......

No sweat at all. Have faith, I have seen this Yo Yo too many times. Confirmed have oil already do, how far can it Go down. Believe will com Right up with a week. Let's see.

Obviously caveat is contingent on commercially viable oil on 2nd well. Bodes well that someone is interested, maybe it is indicative of the coming sample tests otherwise who is keen on 2 fail wells. Pls take this as rumor as there is no way to confirm until announcement. Gets the adrenaline flowing if the Early morning coffee doesn't work.

Heard some interested parties coming in. Price increase does lend credibility to the news. Bloom, Bloom. ..

Something is Brewing now. Not FP's coffee. Some news coming out soon.

Hope this round will be a pleasant surprise. Last round was a unpleasant shocker. Tend to agree with Sklyte on the last minute movement though not that strong. At least I believe will not be as negative as before if it has to be negative news. Tomorrow will be D Day again, the adrenaline is back!

This time round Hibiscus really suffered Not so much in terms of money, but more on Confidence. Rm50m loss was incurred by Lime. They lost less than 30% of that. Many were holding out for the oil discovery n were confident of the Management. Now, many will lose that confidence after this setback.

Hemkudu: Well said! That's what is happening now.

Almufathal: Good observation. Fortune bull probably has some info m made a quick exit. However, it is not end of the world yet. Believe upcoming news would not be disastrous. For Hall of Fame: Sklyte, mmaker, Wantomakemore. They have proven inputs.

Yah Sklyte, I agree. Not logical. Even though Hibiscus is managing the drilling, it's still Rex who has the bigger stake than Hibiscus via Lime. What more if no oil Rex technology proven not reliable. Rex's value is in the technology if not reliable the stock will crash. The fact that it doesn't indicates that it is still reliable.

Mystery of the Year! Keeps us all on Edge.. What's Life without a Sense of Suspense n Anticipation. Whatever it is, it is exciting. Just don't get Burnt.

Gotta see what's the news. More likely to be bad news, that's why drop like falling off a cliff last week.

Apparently Wantomakemore was correct despite all the sarcastic comments. At least he was right about the announcement date.

Bought son 110k today. Still smiling. Merry Christmas n a great weekend!

Syndicate buying back now. Those sell earlier because of scary comments from some people here fall into trap. You notice some always says Run, limit down etc to scare you.

Dr Kenneth has always delivered in the past and will deliver again. He us a professional not politician or just purely businessman.

No fear, they can't push down further. Some comments coming from Syndicate connected people now. Go down I pick up some more.

I am with you there Sklyte. If we are confident it will go up, just buy and hold; then we see Syndicate can hold or not. I agree they are in to kill contra players.

Why last minute sell? Shark trying to depress price to collect back what they sold earlier. Don't care, Am going to pick up some if still stay at 1.55 or below. Don't think it can go lower, let's see if the Sharks have stamina.

At $300k a day for 45 days of drilling translate to $13.5m. The people at Hibiscus must have a more than 60% chance of striking oil before risking on such an expenditure. Question is, how commercially viable is the find?

Thanks hhakim.

Ya, Sharks still out there. But time is running out for them. When announcement is out, the Market will come in if news is positive. Then not easy to sell down anymore. My guess is 2.12 & 1.62 is their collection point having sold down heavily earlier on.

Thanks Pareto, sama, sama. If not this forum is dead.

Rex is holding up. The sharks can manipulate Hibiscus counter, certainly cannot corner Rex shares too. If Rex hit 67cts level; time to plough back into Hibiscus again. Exciting to see how it turns out.

Thanks hhakim for positive inputs.

Oops, I mean Syabas to them.

I have followed this forum for a while already. Funny thing is those who are quickly skeptical of other's comments are the very Ones spouting nonsense n rumors. After awhile we know who they are. Some are good people with good n balance inputs that keeps this forum Alive. Say bad to them.

Wantomakemore, don't know why I still have some faith in what you said. If you are truthful don't give up. Many in the forum simply ramble on with not too good intentions. Let's see if there will be an announcement on Monday and you will be vindicated. I really believe announcement has to be tomorrow or Mon.

Overall events not so optimistic. No announcement after so many days of drilling, Rex don't move n Sharks coming in for the kill. It's GloomGloom for days ahead. But no sweat, still holding on. The future is still bright for the real Investors.

Big boys can play their game but if counters solid they can't do much. They push price down n buy, we also buy. And they started buying at higher price we also buy. See how long they gonna do it especially when the result of oil discovery comes out very soon.

Thanks to Wantomakemore for sharing. If think his news is credible. Look at Rex it does not move for nothing. High probability tomorrow Hibiscus move back n even break last high.

Thanks to all who genuinely try to contribute.

If Rex don't move up, no big Show is gonna show. See if I am correct later. All the hype and shadow play count for nothing.

A lot of theories and hot arguments when price is sliding. What is fact and what is smokescreen, One has to decide. As a investor with confidence in the company it does not matter at all. A correction is always healthy and indicates sustainability. What says Fortune bull? Always value your input.

Yeah, life has been good n exciting for Hibiscusans these few weeks. Another exciting and hopefully very, very profitable week ahead. I love it!!

The announcement on the result of the drilling has got to be this coming week. You will see the flower in Full Bloom!

Agreed totally with Stargazer. This drilling in Oman is the acid test of Rex's technology. If successful, Rex is gonna shoot for the stars.

To be fair, everybody should be allowed to present their views whether it is right or wrong. Personal attacks should not come in. Dissenting views give us Reality check and not to be carried away. I would be very worried if every comments are either very optimistic or pessimistic. Some people would have their agendas but it is left to readers to make up their minds what to believe. I am very optimistic on this counter but still welcome other views however they may be. The key thing is to see through some of those who wants to make use of forum to benefit themselves.

Flower hasn't fully bloom yet. Discount in the warrants. All hinges on Oil coming out in Hibiscus flavor.

Flowerpower: Great analysis. Totally concur. Coffee time again kah!

I Love Kit Kats, Coffee breaks, Movies n some people go for Facial, toe nails manicure n Me - Singing. If Warrants hit another 15,000 lots today, I sing like Soprano.

2.70 50 lots Kena makan like Kacang puteh. Go, Go!!

Strongly believe the share price has some way to go. Some Naysayers are emerging again. I think I will be singing in the rain for some days to go. Bloom, Bloom my World is Bloom.....

Am wearing silly smile until next Show tomorrow morning at 9 sharp.

YeeeeeeYaaaahhhhhh.!!! Going to 15,000 n high 2.63!! More! MORE!