What is real and fact is that 2017 average brent price will be definetly above 51 usd. Hibiscus produce about 1.2 milion barrel a year at 13 usd cost per barrel.. so i guess 2017 will be a very good profitable year for hibiscus. So 1.2 milion at 51-13=38 usd is about 45 milion usd profit per year.. this is 40% of its capital or 16c per share a year..

today with 19 milion trading volume, the share price moved 1.5 cent, what if tomorrow the (buy)volume become 190 milion?? ..

i suport 0.3 level,, come on do it..

oil market feel like volcano on the fire...ready to explode..

best time to buy oil, see this article.
https://www.bloomberg.com/news/articles/2017-05-10/goldman-to-iea-see-oil-bulls-back-on-top-as-cuts-dent-stockpiles

since 9 may, brent price is now up by 5%, this is a good sign for oil price recovery..hope will continue up or maitain a steady curve up..remember 5% increase in oil price equal to 19% increase in Hibsicus asset value.

a few days left for OPEC and QR report announcement, both results should be positive for Hibisucs, i think this is the time to judge Hibiscus performance, my recommendation buy or hold as much as you can..

Oil will stay strugling untill opec meeting 24 may or just befor that. Guess after the meeting will take off upward. Repeat of nov 30 2016 meeting..after one month the oil orice gain 10 additional usd.

If you get warrent C can it be sold after at any time? Anyone know?

If you own warrent c. Can you sell at any time?

and visa versa..

guys, we ar e all in together, there is no chearleading here, there is information sharing that is all. when people talk about dumping, other people are buying..

in case OPEC and Non opec agree to extend the cutting production for a full year, at least we are sure that the oil price will not fall back and at least will hover between 55 and 65 USD..this is to me a great news for Hibiscus to maintain a gradual increase of income and profit for 2017/2018..

https://www.bloomberg.com/news/articles/2017-05-08/russia-backs-saudi-proposal-to-extend-opec-oil-cuts-beyond-2017

waww, grate movement.. full uptrend..

What is going on here? how come teh share holder approve that continue falling of the share price? who approve that?

correlation brent price hibiscus share price is amaizing..

and anotehr 2.5 Milion at 0.420..

somebody swallow 2 milion Hibiscus share , all 0.415..in one bite.

something big comming, brent shout up fast just now from 49.20 to 49.67 USD.. prepare to take off..

the article and viagra are definetly NOT fake..

this is one viagra..

Oil cut extension my go beyound 2017,, see link..

https://www.bloomberg.com/news/articles/2017-05-08/saudi-oil-minister-says-output-cuts-may-extend-beyond-2h-of-2017

should be by 26 May..

Perisai should make some announcement ..

somebody is buying Ezra share from perisai i guess. Now EMAS, Perisai and Petronas may work together to redeploy Kamelia FPSO for anotehr 3 years.. this is my guess, trade on your own risk..study the company..and make your decision.

I said it before Ezra bankrupty is a good news for Perisai.. Also FPSO Kamelia now will undergo a sewage treatment refurbishment and decommisioning at Alam shipyard, to me it means that it will get a new contract soon..

Remmember Trump election compain, he is still willing to impose sanction on Iran...

Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non-OPEC producers are likely to extend output curbs to support prices, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Saturday.

"The price range of $55 per barrel would be suitable for oil," Zanganeh said, according to the oil ministry's news website SHANA.

Oil prices closed higher on Friday, rebounding from five-month lows, following positive U.S. jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut.

Brent futures gained 72 cents, or 1.5 percent, to settle at $49.10 a barrel.

Zanganeh said members of the Organization of the Petroleum Exporting Countries (OPEC) have signaled that they are leaning towards extending the supply cuts, SHANA reported.

"I think non-OPEC oil producers will also second (an) extension of the plan," said Zanganeh, speaking on the sidelines of an energy fair in Tehran.

OPEC and non-OPEC ministers are due to meet on May 25.

Iran Says $55 Oil Price Suitable, Sees Supply Cut Extension

@RMSB, no one know except the insider, however the QR report is to be announced by 26May, OPEC will meet by 24 May, Shell Sabah aquisition by End of June... So rebounce should be expected by End May or earlier...all depend, one thing i am sure off is that the upcomming QR report should be a very good one comparing to ALL previous QRs..

According to hibiscus previous announcement, the Sabah shell aquisition announcement is planned to be by End 2Q of 2017, so it suppose to be before the end of June 2017.

be patient my friend.

brent price rebound to , now 48.63 USD. up 0.52%

In teh mean time Hibiscus production is up and running non stop, storage is available waiting better market price to sell the oil stored..so now pumping and storing..

at 47 USD brent oil, All US Shale oil production of WTI (now trading below 45 USD) will be putted on hold or suffer losses and forced shutt down, US banks will stop lending money to US Shale production company, global oil production will fall and in a very short term, oil price will shoot up sky high.. give it till end of this month and we will see how that goes..

this will help to clear or reduce the stock piles..

Front-month Brent crude trading volume rose to the highest on record with nearly 525,000 lots changing hands, according to Reuters data that extends back to 1988
Read more at http://www.thestar.com.my/business/business-news/2017/05/05/oil-tumbles-amid-oversupply-fears-unlikelihood-of-deeper-opec-cuts/#EDAZHDJ2bF1371H4.99

I am holding all the way. I notice when i say buy people sell and i am buying..I am fortube enough to keep topping up till TP0.8.

Dec 2016 early Jan 2017 Hibiscus share reach 0.500 Brent was about 50 USD.

to fresh up all investor memories, Hibiscus share stood at 0.475 When the brent price was at 47USD/bbls only, back in December 2016..so be patient, hold on, oil price will rebounce back, Hibiscus profite still have margine..

how could he be top looser, if his share is only 41cents.

Human are very easy to be made affraid and let them sell there stock faster than give them the courage and justification to buy....

today all shares are trading down, it is a global fenomenom, not related to hibiscus fundamental, its is a good oppurtunity for those who want to collect cheap..

@armada.. Hibiscus produce oil and store it into his own FPSO. you may want to goodle it.... even better hibiscus may have sold his oil in advonce based on previous high price of oil when it was at 56 USD a couple of weeks ago..speculation is always there if you do not won your business and have insider news..

Hibiscus does not sell oil every single day, he store teh oil and wait for beter price, he is capable to keep storing oil for about 50 to 70 days before selling it, so teh daily price up and down by 1 or 2 % will not impact hibiscus...

do not be so greedy, enter now .. what make a different 2 cents up or down..

Felda will keep stack in IRIS..good news
http://www.thestar.com.my/business/business-news/2017/05/03/felda-to-keep-stake-in-iris/

big day next Tuesday 02 May..hope the oil price continue uptrend in the comming two days..

well look to DnEx, it share did not bother with all these geopolitical situation or even oil price, it shoot up from 0.460 to 0.605 (+32%) in three days. some how i feel like someone is accumulating all your shares and waiting you to sell yours at cheap price, untill he make his move and move the shar eprice up.. well, he whoever he is he will not get my share and holding untill 1 RM.. who share thsi feeling with me? raise your voice now..free the market, lets the share floot naturally..come on hibiscus.. you can do it..