hibiscus always powerful on morning, then dragged back soon after that.
Will it really sustain above 1, hmm, have to see after 12

Brent back to 75usd/bbl again

article on hibiscus' TA analysis, but as usual, talk equal to no talk type of article which didnt really giving any useful info on it.

https://www.klsescreener.com/v2/news/view/421284/supportline-hibiscus-petroleum-bhd

https://klse.i3investor.com/blogs/kianweiaritcles/170576.jsp

Hmm, "experts" predict again on oil price can go 100sud/bbl.
Too optimistic again, but we will see. Dont think it will happen so soon if it really will happen too

There's only 2 thing that will affect the QR result from what i think:

1. Disruption in production of anasuria which will cost extra for rectification and affect oils sales volume.
(But this risk been lowered down with acquisition of north sabah as it no longer rely on single source of income anymore)

2. Additional cost of drilling on anasuria field
(half of the initial startup drilling cost may start reflected this quarter, but still this is short term and is to develop for more oil gain in the future)

So if hold for long term, why need to worry for these small bumps.

hmm...i think today will be at rm 1. coz can see that's what the BB want hibiscus at

It is already negative goodwill, so should not have impairment by buying north sabah field.

Plus they are buying it cheap.

Bro,i hope you didnt misconfuse me withat fella.
By the way, i guess he miss his chance to get in the boat, as he intentionally ask people to sell and run

it looks like a war between BB, each order is few thousand lots, few thousand lots.

derrtan, u trapped again?
Drop low before can collect ma, why collect while it jumping up.

long time never see hibiscus in top active list.

haha, seems like someone not happy because of hibiscus going up.

wah, suddenly fly because of no road block today

this is what i like of hibiscus, more and more info packed in the investor presentation:

http://docs.wixstatic.com/ugd/6a7e03_dc26697945b147c6a7bd5b4bab798bf6.pdf

One more week for the QR.

That fella attack anyone who support hibiscus.... So pandai pandai la

When u see someone so excited to ask people sell but himself actively in that forum then it means he wanna collect cheap. Those who follow.... Haiz, what to say...

Market is plunging, not just hibiscus due to the issue with turkey's market down last week.

Hahaha, good one dandanjoe

https://klse.i3investor.com/blogs/kianweiaritcles/169114.jsp

Hmm, WTI will be impacted for sure. But not sure how brent will go, dip together or will soar as china have to source from other place than US?

ACD888, i dont know how will it get there as well.
Just take it with a pinch of salt,Donovan's prediction is always too good to be true.
But still, he start buying in hibiscus since 20c, so he is earning fat profit here.

USD90 i personally think is hard to achieve as shale oil is constantly dragging the oil price down. Floating above 70 is good enough, anything above is bonus.
Dont forgot, the TP for hibiscus by DBS rm1.4 is based on oil price 60-65usd. And now it has been 20-30% above it.

Of course, financial performance is not in tandem with share price, it is inefficient market and that's how investors making money

ACD888, unless you are super believer of Donovan.
Refer to his post, Crude oil will be above 175 usd/bbl

http://donovan-ang.blogspot.com/2018/03/the-new-supercycle-of-crude-oil-22.html
http://donovan-ang.blogspot.com/2018/01/crude-oil-target-us175-to-us180-per.html

hehe, no up and down again eh.
Locked

USD90 is a bit too optimistic la. 70USD and above is sweet spot for all operators, especially hibiscus which operate at low cost.

Will take some time to get there, if it will

hibiscus morning up again.....
lol, guess the BB still having his breakfast now

hahaha, dont even know what is BB.
And talked so loud here shorting and earning 1.6k yesterday, hahahah

derrtan, it is because it havet start moving up yet.
When it start move up, the selling pressure suddenly spike up. And the selling queue fly high as well. So....haha, they just react correspondingly and locked it in place.

Haiz, thought can do some top up today, but seems never have the chance

Lol, locked at 97c.
Really no up n down eh.

ya, looks like wanna sideline for some time.
So no people win by long or short and just give up and move to another counter

derrtan, daughter drop hell lot because it up too much and more than the mother.
By buying daughter at 43c. Means you are confident mum can go to at least Rm 1.4++ that high in 3 years time.

Now, u can see how mother is struggling through RM1. still got so high hopes it can reach RM1.4 that quick meh.

lol, really to keep it side way till everybody give up. No short no long, till all of us die of waiting

Haha, i wish i can manipulate the price. then i will need not to be here

So guess what, i think it will sideway for longer time till everybody give up. Especially entire market is hot, then more people will jump out from hibiscus and that's where they could collect more cheap ticket

Guys, dont ever play short on this counter. There's way to make all shareholders to lost hope, by maintaining the share price side way. No up for long term holder, no down for short sellingbtrader.

haha, good point. Once it gone up in morning then immediately short it, coz sure it will be pulled back.
Good way of earning from hibiscus

I think just to make the chart unattractive for TA, so less people attracted to it though. They only react when it wanna move up

pulled back so fast, lol.
Ordinary style of hibiscus.
Up a short while then suddenly huge selling pressure one.

Thanks for sharing xiaoqing88, i guess anasuria is performing steadily as long as they not bring highlighted by dnex in report

Haha, please at least do some study on what dnez doing on og business. Ping petroleum is only on e part of it and they are talking about oil reserves.... So what omg... Lol

And it has been performing so far so good and with transparency they had, so just stay back, relax and enjoy the ride

Just relax and wait hibiscus bloom by its own. If you confident and start buying it at 80c then you already close to 20‰ return. So why so gan jiong. Just let it up slow and stable

lol, green in the morning again.
Looks like same pattern today again.

China will soon imply duties on US oil and products, Will severely dent US oil competitiveness. Brent is indirectly benefitted by this trade war

http://www.thestar.com.my/business/business-news/2018/08/03/oil-rallies-on-expectation-inventories-will-drop/

kopiogao, refer to TeoCT's post.
He give the most detail calculation for what we have now.
https://klse.i3investor.com/blogs/teoct_blog/166815.jsp

Oil price up and down, but i afloats above 70usd.
By the way, it is so fun to see those oil analyst's comment every week is surprise build up or surprise drawdown. Man, they have off almost 80% recently. Man, not sure why the market still trusting their experts' prediction

ya, way higher than 60-65 range as estimated by DBS or PBB.
By the way, actually there's been lot of news on labuan crude, i just didnt realized. How ignorance i am
Anyway, since from apr, the labuan crude been selling at 75usd/bbl on wards


https://www.spglobal.com/platts/en/market-insights/latest-news/oil/050118-petronas-sets-apr-malaysian-crude-osp-at-7570b-up-575-from-mar
https://www.thestar.com.my/business/business-news/2018/06/08/malaysias-petronas-increases-june-crude-price-factor-to-$3dot90perbbl/

http://www.theedgemarkets.com/article/malaysia-lowers-july-crude-oil-official-selling-price

78.20* in july

Labuan crude selling at 78.23 in june and 78.28 in july. Good price for hibiscus north sabah oil