JAXCO, you sound like Calvin, the only person who should run ,, is yourself.. take it or leave it..

The Russian use the oil price at 40USD to calculate the bidget and to prevent furtehr depretiation of teh Rubbel, truss me i know the contry very well. No one would like to see teh oil price drop below 50 USD especially teh russian and USA Shale oil..

oil rice still up and i gues it wil continue up as the inventory report for thsi week will show less oil in stoc,
Teh Saudi oil stock has been reduced significantly the last 3 month. about 68 milion barrels are of teh market, and thi sis only from Saudi. OPEC stock is reducted by 101 milions..as stated in the oil cut compliance report, teh total average compliance of oil cut was 94 %.. this is a very big volume..

Hibiscus main share holder have never dispose any share since 6 month now, you can check itin bursa malaysia announcement. this is a good indication of how strong Hibiscus can be for a long term invetor, today is a good oppurtunity for thsoe investor to collect at cheap price, as long as there is still a will to sell cheap, however i realy do not understand why the share price is slowly moving, either up or down, where are the operator, wake up..guys, come on, show your self, the risk is low now, hibiscus is at lowest level already..

I notice something that non of Hibiscus big share holders has disposed any of it shares during teh last two month or more, even when the share was falling from 0.55 to 0.395, this is a prove that Hibiscus fundamental are still intact, hope today Hibiscus show some movement..

oil is stable between 50 and 52 USD, this is enoughfor Hibiscus to achieve his profit target.

oil price 50 USD Hibiscus share should be 0.50 RM

Hibiscus 0.395 of yesterday was at the last minute of the day trading, and it was one time show, lucky to those who grab it.. when teh share price fall without any news, then it is a good time to collect.

Crude oil price going up today..

As said before, oil price for brent is stabal between 50 and 52 USD no matter how many rigs are added, or price pushed down buy speculators, the oil price is stable, since 20 days now. a 50 or 52 USD per barrel for brent is a good price for all, Hibiscus avrage cost per barrel is only 13 USD. Hibiscus oil production did not stop and continue rizing comparing to previous month. Average of 275000 barrel of oil is produced per quarter.. If oil price fall a bit, the production can be increased to compensate, however this is realy not necessary, cause oil producer can alwayse find a way to reduce their cost.. Oil company do make money and Hibiscus is a perfect example..check his reports. hibiscus main income is from production of oil since early 2016, unlike previous years when Hibiscus was maily bussy with oil exploration and drilling, hibiscus asset value is constantly increasing according to his latest QR report.. teh share price today is very attractive, Hibiscus is dept free and have cash, already paid 25 milion USD for his aquisition of 4 oil filed in malayisa and waiting final endorsment from Petronas....

sometime i have this feeling that it because of me the share price is not moving up, and when i sell it, it goes up immidiatly.. well not this time, as i am not selling my share below 0.6..

tehy did not get mine, haha.. i am holding to at least next year..when Hibiscus double its production from 5000 to 10000 barel a day.. guess buy that time the oil price avarage at 65 usd..

we all would liek to see hibiscus share going up, a few cent a day or a week will be greate.. hibiscus share is realy undervalued, Hibiscus deserve to be recognized, hibiscus share holder deserve to earn their support.. just stay positive..teh market will correct itself.

Uncle SAM, if you compare Hibiscus with Connect, you will see that hibiscus share of 0.4 is realy undervalued, Hibiscus made about 10 milion ringit profite last quarter, while connect made just 0.5 milion ringgit and its share value is 0.225 almost already more than half of Hibiscus..

waww uncle SAM good for you, hope you experience the same with Hibsicus sooner than you think.

Gas price is moving high sky rocket.. Hibiscus also produce gas..every time when crude oil price fall a bit, gas price is moving up...

indeed, relax, look to the fundamental of teh company, if Hibiscus want to earn more money, with low oil price he can simply increase the production to compensate, but its realy not necessary,, Hibiscus have a reserve oil that can last for 2040.

so come one Operator buy Hibiscus in milions....prove me wrong if you can..

big operator are waiting the ultimate news to trade in oil and gas companies, and they will start to buy regardless the price..me i am a private collector, i grab my chance and buy when its low rice, to me the price is low at this level. When teh big operator start to buy, they will not wait, they just jump in and buy..in milions..

today share price is low, you shoudl prfit from taht and buy more, tehre is low volume today, this is why the share price can fall a bit up a bit, not realy related to today or tomorrow oil price..its only there is not enough interest to trade..

cksam.. or shall i say Uncle SAM.. haha. we don't think, we read the QR reports, ..do you read it? Hibiscus declare teh cost of one oil barrel is at 13 USD. the rest is easy to calculate.. man, you do not have to be a genious.. the oil production per quarter is also declared by Hibiscus.. haha.. men, do not be so negative,, without basis.

hold as much as you can.

better hold on to your share, try to not sell it cheap. HOLD as you can. or trade at your own risk.

i guess everybody wll be happy with a crude oil price between 50 and 52 USD, this will make oil Company and oil Contractors plan for futur project easier than speculating or hedging the price. As per link shared by Lim which I thank you for that, even russian will make 60 bilion usd additional money if the price sustain between 50 and 60 USD. Remmember if the oil price is stable enough, oil producer can manage it cost and sustain a confertable profit..for the last 4 month now the ol price was between 50 and 56 average 53 USD.. which is good enough for Hibiscus to achieve his target..

I guess we all heard about the story published by the Star online regarding pump and dump.. I hope hibiscus operators know the different and should not try this with Hibiscus share. Hibiscus share should deserve its real value and to my opinion its real value is arround 0.585 at this moment, so teh share today is undervalued and have sufficient margin for profit.

Hibiscus need the attention of oil and gas stock operators, those who are sleeping now or waiting for some world wide news.. it is comming sooner than you think, so first come first win,.. Hibiscus fundamental has not changed, even better, Hibsicus is making more profit than previous quarters, previous quarter share price stood at 0.560 (max.).. share per asset was 0.52. this wuqrter should be even higher..so i guess all operator will jump in at same time, soon..

SHQuah, the 47.50 is for WTI. Hibiscus prodce crude oil brent price as of today 50.50 USD.. just for yoru info.

crude oil between 50 and 52 is a good for all, oil producer and oil consumer.. good for teh evironment as well, Shall oil production is bed for teh environment and it cannot increase for ever, in teh uS the environment suport is huge..

if the crude oil price fall below 50 USD, this will be a temporary and not a long term as many fund manager will increase ther buying volume, so price will go up again... just look to the long term, in 2017 the demand for oil will have to increase as the population is on teh rise all time.. there is no or not enough alternative to OIL as main energy ..

Even with 50 USD per barrel for 2017 and 2018, Hibiscus year profit is expected to be about:
production 1.2 Milion barrels x 165 MYR = 198 Milion MYR a year ...this is 50% of Hibiscus capital today. teh above is based on my own estimation.. chears..

I don't understand when share price move up by 73% in one day after the QR report show that teh company did loos money, such as Efficen..the world is upside down at this moment in time..

oil price moved as usual, during day time go up during night time go down, however it remain between 50 and 52 USD, enough for hibiscus to maintain a confertable profite..chears..Hibiscus still resilient after all.

operator... the volum is still low..it must be some private collector, which is good for him, collect as much as you can before too late..sooner or later operator will finish from other stocks, and storm to this counter..and some time without any reason..

its sad enough for thsoe who keep sell hibiscus at this low price, i guess every one have its own reason..

the only winner here is Hibiscus, as he is making profit, hope he will not let us down, hope teh share will reach 0.484 soon Shahbj at least you recover some..

All Hibiscus Cart indicator such as Bollinger band, CCI, CMF, MACD, MA Envelope, MFI, Parabolic SAR...shows that the Share value may go up from 0.40 to 0.52 RM at any time.however this is my Chart prediction..trade at your own risk..

not sure excactly when the QR will be available but i think not before mid april.

teh share value now is discounted by 24 % already..comparing to 0.505

yeh, it look like teh oil price is moving up, in contradiction of what was expected, so its a good sign. today trade volume is low, i guess operators were waiting the price of oil, so come on operator, what are you still waiting for, grab your shares as low as possible....

not to forget taht Hibiscus produce Gas as well and is equally important income. gas price was not much effected the last QR, so think look very good to me in teh comming days..I also collected at 0.41 just now, happy to top up..

theoratically, the share value should increase ... in theory

how higher the oil price how bigger the profit..

I guess in one full year hibiscus can achieve 50 % profit increase if the market remain as is today.

I guess today and tomorrow last chance to buy cheap share of Hibiscus. OPEC meeting is scheduled this weekend... and hope for positive outcome..OPEC will not give up. Crude oil price is start to move up ,this is a good sign for oil and gas counter..

As i mentioned before the crude oil price is steady and resilient between 50 and 52 USD, Hibiscus cost per one oil barrels is 13 USD, means average profit margin per barrels is 51-13= 38 USD (168 MYR) per barrel and with 4000 barels a day produced this is equal to 672000 MYR profit a day !! this is more than 152 K USD a day.. or 4.5 Milion USD a month or 14 Milion USD in one Quarter, this is a fact...so all and all, Hibiscus is dept free and now is accumulating the previous 2 Quarter profit and heading to teh 3 profitable QR.. share price is realy attractive at this level 0.405.. good recommendation for buy at least this is my own opinion.

good stuff, thanks for teh link, ydayun..

two week ago teh inventory showed -14 milion barrels, and last week -500 K barrels, thsi week was 4.5 milion barrel plus, next week will be -10 milion barrels...so....

There is no direct link to the weekly inventory report and Hibiscus share price. Every week teh inventory may show plus and minus, there is about 540 milion barrels in the USA as stock, this only last 27 days to consume if there was no oil production at all, so in case of Herican or other natural desaster happen, teh stock is easally wiped up.. the market is not so fast to react per week, you see that the oil price for crude is still resilient between 50 and 52 USD this is enough for Hibiscus to make a confertable profit every week. Hibiscus is main income now is from oil production and not like a year ago it was from exploration and drilling, he still have this capability as well but he may choose to lower down these exploration and drilling cost every time the oil price go down, therefore he can realy manage his cost and profit briliantly..chears

the market need stability, it does not matter if oil price is at 40 or 60 usd, Oil and gas company can adopt their production cost accordingly and still make profit..Hibiscus profit will only increase as every QR they are reducing their production cost, so if oil drop, their production cost will be dropped linearly..so at the end the margin of profit can be teh same,, if oil price go up. Hibiscus will increase teh production and invest more, so production cost coulod go a bit higher..complicated!!! no not realy.. be smart, oil and gas rpoducer alwayse make money, its been like thsi since 80 years now..

I think teh oil price is stable and will remain stable between 50 and 52 USD regardless the weekly/monthly inventory reports on stock piles, production and consumption.. OPEC & Russia will make sure of that. Since teh last 14 days, the oil price is pushed up in ASIA and Midle east market, and pushed downd in EUROPE and USA market.. so like this teh price will remain steady. so lets move on guys..50 to 52 USD is good level for all..