Don’t understand what Erkongseng G says. But, I believe it’s last call for sale at .945 sen. Hibiscus is in my opinion the cheapest and prospective Ong counter.

PublicInvest Report on revised tp should be out any moment. Crude will hit 69 usd tonight

Very healthy trading today. Most of the profit taking from yesterday’s heavy trading cleared. Let’s hope not too many day traders today and let it break resistance at 0.97 sen

https://m.ca.investing.com/equities/hibiscus-petroleum-bhd-advanced-chart
Looks more a day of massive selling. I deduce profit taking cleared for the past and today. Should look forward to a good March forward and not panic buying and selling today,

Cool, Alex. Go back to sleep. Will wake you up when it hits RM 1.00

Overbought. Going through correction. Gap closed. Will hit higher as Brent is expected hit Usd 70 by Friday night,.

Looks as if it’s going to be cornered

Expecting fireworks after 3.30 pm!

Thank you B4b4! Your info is always reliable and based on fundamentals!

Hi B4b4, welcome back! Long time no see! Are you still holding on to hibiscus? Anything good brewing at Inix. It has jumped more then 50% in the last 1 month. Hibiscs has lots of potential despite heavy profit taking!

Guys, resistance at .935. If it clears will run! Depends on news and Investment fund boys! The new year might see big boys being back and volume for momentum!

Guys, Hibiscs gap closed at 0.88 as expected after rampant profit taking and finished at .895 on 29/12. Low volume because of long holiday, Now Brent will move up as it seems to be manipulated. Saudi Aramco wants it to stabilizep i it at USD70.00 for a successful IPO. PublicInvest will soon review as they are maintaining coverage. Hibiscuses s is a good investment stock and will reach a tp of rm1.50 if less contra players and less bull shitters like crude oil wells in PD. My 2 cents,,!!!!

Play the trend?

Hibiscus on the run now, Panic sellers eaten up!

Brent on the run to 63 now!

Brent at 62.50 now and O&G counters down! Looks funny!

Agreed! Rise in price shoueld be organic based on fundamentals!

I was a gambler and lost, but now an investor and watch the game, sell when you want to and buy when there’s panic sale’ like this morn!

When you have the facts and you know the direction, then better dumb , dumb hold,

Sell if you must, now and watch them collect, collect!

The market is in control of syndicates. The meek will run and shall never inherit the earth. Wait and watch the fun!!!

Brent is on technical correction to surge again

guess as much

strong resistance at 0.715. just be patient

all losers to sell today

Musang King gets into i3 Brent Oil Futures Blog and comments as follows:-
Musang King Oct 21, 2017 1:06PM GMT
Looks like Kurdistan situation is developing fast that will take off 200-300K per day off the market.. With Shale production plateau, rig count is down, OPEC support, short term should be looking good. . Price should hit $60 early Dec-17.

Guys, don't sell! Syndicated selling to force down and testing!

My take, it will be this Wednesday!

You may get at 44.5 ct but definitely not 42 ct. Brent oil is marching to usd 54!!!

Sorry Cksam

I am looking for my friend cl Sam! Anyone seen him?

Because the price is still low, it's a victim of syndicates and gamblers. Pl buy for long term and you will never regret. I picked up 100 lots at 0.550. I agree with Betta68, once the gambling subsides, it will realize it's true value.

To answer,AInv's question, Shell is not only selling North Sabah, but it's interest in many other places all over including Nigeria. They are raising funds and consolidating to focus on something big. The NS consideration and negotiations came at time when crude was really down and OPEC refused to cut down production believing that it will kill off shale production.

WYDE , agreed!

Hibiscus made profit from 3400 bpd on average crude price of USD 42.00. Opex is on of the lowest at usd 13-15.00. Now at PE of 5.3. North Sabah is already on stream from 1/01/2017 and is a done deal and just fine tuning on conditions. Management is very good. OPEC wants oil to be around usd 50-55 usd to kill off shale producers. So can there be any better investment?

Just like 12 dec1960 I need to take lessons from Nilsencs712. Pl arrange classes. We want to be eggheads too!

Just don't panic and sell if you must

You will see .465 eaten up and jump to .475

Show will start in awhile after clearing all panic sellers!

The guys at Hibiscus had been working hard since inception. Lots of mishaps initially. I believed and invested at Rm1.20 and again converted the warrants. I may have been disappointed but I am happy that integrity and transparency prevails as a policy of the company. I have no regrets but still believe my investment will pay returns within the year. Good luck all! Good luck to nice guys Nelsonics, ankahill n of course Mr. Apollo Ang!

Output from North Sabah is 3 x Anasuria-right?

Hi B4b4, good day!

Opex for hibi is low, oil reserves relatively high, crude oil will be stable albeit between usd 50-60 till end 2018. So this is a good investment stock under good management. Please collect for long term!

Please let hibi remain a stock for discerning investors as dividends will start flowing soon to long time investors who have been patient!

The syndicates will start picking up raise the price and it will start dropping. Don't allow it to happen. Pl let hibi grow organically!

Next quarter should be able to sight revenue from North Sabah. Pl don't sell your goose that lays golden eggs!

I believe North Sabah is effected January 2017. Please check. So revenue is already being generated.

Welcome, Mitchu

Crude will be between usd 50.00 to 60.00 till 2018

It's a supply and demand situation! If there are too many sellers, not much movement. My advise, pl be in no hurry to sell until counter stabilizes in a few weeks after full completion of deal and earnings are more visible.