Always a good counter

Strong

Brent price up mean that hibiscus will up

Is it bottomless price at 2.04? Start to rebound?

Sime want to buy back it shares at cheaper price?

I want to top up AT current price

Brent will go back to 80++

Tomorow will up bcoz brent up higher

https://www.nst.com.my/business/2018/10/424319/strong-and-clear-policies-budget-2019-ambank-research

The government need to do something to push market up

Rebound soon

Sime announce that IT buy back IT share?

Can start collect AT current price..

Oil price start to rebound back

Dow jone and oil price rise .....!! 2morow hibiscus will rise too?

Last month, Opcom’s chairman and chief executive officer Tan Sri Mokhzani Mahathir was reported to have said that the company is eyeing for opportunities to participate in the government’s National Connectivity Plan (NCP

Oil price rebounded

Later up to 1.35

Why suddenly up? Any good news about oncoming?!

Project LRT3 continue.....Listed companies that have been awarded LRT3 work packages include Gabungan AQRS Bhd, Sunway Construction Group Bhd, IJM Corp Bhd and WCT Holdings Bhd. Also involved in the LRT3 project is elevator supplier EITA Resources Bhd.

Will trend higher

A lot volume buy in at 1.29.....will reach 1.35 soon

Tomorrow hibiscus can go up higher due to oil price rise and Dow Jone rise!!!

1.50 soon?

Oil price still at high level

KUALA LUMPUR (April 12): Dahonghua Petroleum (HIBISCS, 5199, Main Board Energy Group) slammed the latter on the Oslo Mediation Committee for a reorganization of the Norwegian Lime oil, claiming at least $35 million (about 136 million) Ringgit).

The company issued a statement stating that the wholly-owned subsidiary, Gulf Red Flower Co., Ltd. (GHL) filed a complaint with the Oslo Mediation Committee to claim at least $35 million from the financial losses suffered by the restructuring of the Norwegian Lime oil. RM136 million).

It is reported that GHL filed a complaint with the Oslo District Court on Thursday (11th) to claim compensation from Lime Oil and three current directors for the financial losses suffered by the restructuring of the Norwegian Lime oil.

Dahonghua Petroleum pointed out that the company and its subsidiaries retain all powers of investigation and make further announcements in due course.

Dahonghua Petroleum acquired a 35% stake in Lime Petroleum through GHL for $55 million in 2012, but Lime Petroleum held a restructuring plan for Norwegian Lime Oil, including the cancellation of 900,000 held by Rex International Investment Pte Ltd. Shares, which in turn retreated 75% Norwegian kroner (about RM36 million) to Rex International Selective Capital, made Dahlia Oil think "Rex has an unreasonable benefit."

By canceling the face value of the stock, the Norwegian Lime oil share was reduced from 251.12 million krona to 2.92 million krona, while the Norwegian Lime oil subsequently sold at 7 kr. per share to sell 77.4 million new shares to Rex International, while Rex International passed the capital. Roll back the proceeds.

After the completion of the entire plan, Dahonghua Petroleum believes that Rex International can subscribe for an additional 70.3% stake in Norwegian Lime Oil without “one point and one thousand”, and the shareholding will increase from 26.2% to 96.5%. The shareholding of Norwegian Lime Petroleum held by Lime Petroleum has dropped from the original 73.82% to 3.51%.

Oil price up again...

Whould it down below rm1??

KUALA LUMPUR (Oct 10): AllianceDBS Research has a “ Buy” rating on Hibiscus Petroleum Bhd at RM1.30 with a higher target price of RM1.75 (from RM1.46) and said it believes Hibiscus’ earnings will be significantly stronger in FY19, supported by the completion of enhancement works on the Anasuria Cluster, the inclusion of North Sabah EOR PSC, and strong Brent crude oil price.

In a note Oct 10, the research house said it forecasts a FD core EPS CAGR of 141% over FY18-21F.

“Hibiscus also announced that it had proposed to acquire a 50% interest in the North Sea Blocks which has discovered but undeveloped oilfields for US$37.5 million (RM155.5 million).

“The SPA is expected to be completed by 16 Oct 2018 and Hibiscus will assume the role of asset operator. We have not included the proposed North Sea Blocks in our forecast pending its Final Investment Decision (FID),” it said.

The research house said it is optimistic on the direction of oil prices, and our average Brent crude oil price forecast for CY18 stands at US$75/bbl.

“We assume an average Brent oil price of USD78/bbl in FY19/FY20 and thereafter will gradually decline to our long term price assumption of USD65/bbl.

“Any further upside to Brent crude oil price will positively correlate directly to Hibiscus’ bottom-line as it is a pure exploration and production company,” it said.

Hibiscus’ share price has risen 87.69% over the last year. It closed at RM1.22 last Thursday, giving the company a market capitalisation of RM1.94 billion.

Tp 1.35 coming soon:)

Fundamental of hibiscus r good n support by current high oil price...still can go up higher!!

A lot volume buy at 1.10 ..may go up higher

Huat ah!!

Up up !!

Fundamental of hibiscus is very good and last QR earn higher profits!..it will further up I think

May rebound higher soon!!

Production capacity increased and price is still high level....price will continue up higher?

Fundamental of hibiscus very good now

Time to collect

Market capital for sime also improving..

Just buy n relax ..wait the profits come..:)

Great volume buy in at 1.29!!

Up

Brent oil price now rise again at 85.76!!!

Tomorrow will rise again:)

If missed the current price ....later price up to 1.40/1.50 already

Oil price 84.94

Will trend higher up...

May rise higher soon