Test 3 for u Dericlock

D 5500+ bblp shown in qr is cost oil plus profit oil or jz profit oil?

Get it from me man

Core PAT RM 165m is minimum

RM 45m from d rest

Sabah PSC minimum RM 120m

EPS 10 sen is base case with upside bias due higher oil prices and usd

PE 15 is 1.50

A young widow was overheard telling a young man who is about to get married

"Get it from me, man, don't get married"


HaHa tis is d kind of joke I like u got it or not?

2. North Sabah : 586,658 bbl x 80 usd/bbl x 4 Usd/Myr = 188 million
(North sabah been producing at really good uptime, hence this quarter should will unload twice as like in Q4 2017, Assuming labuan crude trading at premium price of 5 dollar)


1. Cost of sales for North Sabah = 12.47USD/bbl x 5674bbl/day x 92 day x 4 USD/MYR = 26 million
(Assuming same opex like Q1, same production uptime)


188 - 26 is 162 Huat!!

Bt think not right too good

Yes it is a chg in federal dealing wit state policy nothing to do wit existing individual PSC contract

North Sabah PSC cost has to b halved else cancelled??

Test 2 for u Dericlock

Hw Hibiscus reports its costs n cost revovery in its financial statements?

1 test for u Dericlock

North sabah total production 160000 bpd assume correct

So all 160000 bpd wil show up as Hibiscus's revenue or jz 5500?

Ladies and gentlemen

Let's Get Readyyyyyyyy To Rumble!

Tis time whn hit 1.00 wil stay good qrr results out soon

Singapore DBS say TP at 1.46 at oil price 60

Some from Batam says TP higher 3.30 +1000% gain since day one

Wld d coming qtr b good? Yes Wld future qtrs b better? Yes

Oil price remain high for Dayang

khatulistiwa1234 well said cannot b more precise

If u like tis can go buy Dayang

Dayang wil b getting somw cheap cheap OSV from Perdana under similar scheme

Hv manage to make money fr tis co Price was pushed up for pp but sadly.....

Ok ok b fair ok co got hit hard by effects of oil price collapse tat linger

Thr shd b hair cut on loans from banks n longer time to repay too

Price so low not going bankruptcy is good news haha

Lousy company

Siphon d money out is Lionind Hibiscus is transparent

HIGH!! Oil price HIGH USD: RM HIGH Production HIGH Price will be HIGH

Sapnrg kaput wit bigger loss Hibiscus d only O&G tat can invest ur money

Thr is a 47.75326539203848382993959483817396984587898872714458765525363712288277% chance d trade war is on

Less thn 50:50

Singapore DBS say TP at 1.46 at oil price 60

Some from Batam says TP higher 3.30 +1000% gain since day one

Moneymote u dadanjoe bai 10x

Tat is to say PetroS wil cut d middle man Petronas

Wil Sarawak dare use OMO to rock d boat till demanding royalty to more thn d current 10% in total?

Don't think so asking for more thn 10% wil really rock d boat No oil cos wil do PSC wit it

More likely if anything PetroS may ask for 70% of d 10% n collect d royalty upfront instead of goin through Petronas

PetroS wil of cos give more contracts to Sarawak companies

Colossal q to sell 0.87 yesterday so fake news

But all wil end well

Opec wil control oil price gam gam like 72-75 not volatile 68-85

I hv bigger range wit d mum thn opec plan

Trump style

Back breaking pressure at 0.87 but Hibiscus is holding well

Operators collecting

Reuters) - OPEC agreed on Friday on a modest increase in oil production

MODEST INCREASE

It is very clear no more excess oil lepak in oil tankers in d middle of nowhere

Oil price wil b abv 70 for long time

OPEC calling d shots again

Sapnrg has got its last contract fr Sarawak

Hibiscus better thn Sapnrg income very certain n no debt

Sarawak govt set up PetroS jz to issue permits n leases?

Don't think so

PetroS wil go all d way to take control of Sarawak oil n importantly d right to cari gali n grant contacts

Sarawak oil companies wil b taken care of

Sarawak govt set up PetroS jz to issue permits n leases?

Don't think so

PetroS wil go all d way to take control of Sarawak oil n importantly d right to cari gali n grant contacts

Sarawak oil companies wil b taken care of

Sarawak govt set up PetroS jz to issue permits n leases?

Don't think so

PetroS wil go all d way to take control of Sarawak oil n importantly d right to cari gali n grant contacts

Sarawak oil companies wil b taken care of

Post removed.Why?

http://www.theedgemarkets.com/article/federal-court-dismisses-petronas-leave-application-commence-proceedings-against-sarawak

Bad news

Any news yet on Petronas vs Petros?

Knn no nid worry abt oil price falling la cos it wil not fall no surplus mah

Saudi is back to being d one calling d shot d kingpin d price maker now all oil excess gone

Putin stil remember one of d reasons oil crash was to mess up his country finances now he ask Trump to fly kite

Management gaining exposure n getting better more likely over delivery

All oil assets left behind by oil majors running smoothly now why can't deliver?

EPS concensus abt 0.20 PE 10x 2.00 at least mid term

Ordinary course of biz expenses not 1mdb type

Tis intangible assets is actually cost of oil plant n equipment transfer to d states in exchange for d rights to extract oil Can b recovered as part of cost recovery under cost recovery

Do u know y China target share oil for tariff?

At current WTI price China 25% tariff wil push WTI price to more thn USD 80 Buy Brent

Knn jc wat nut calculation u do?

But somehow conclusion is not far

200m is base case

Petronas vs Sarawak Goverment

If Sarawak won d case Sapnrg limit down 2 x

Post removed.Why?

Ya possible to b red ya

Know share is good but low don't buy wait run higher liao only go n chase

Fund challenged investors always like tat

Worst case short of fund go n sell thn Hibiscus shoot up 1.46 per DBS 3.30 per some in Batam

Singapore DBS say TP at 1.46

Some from Batam says TP higher 3.30 +1000% gain

Funds wanted to sell hv bin selling whn they r done more thn 1.00 anytime