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2023-07-26 20:59 | Report Abuse

From net debt position to net cash status.
Overwhelmed public response during BookFest at KLCC in early June will be reflected in coming Q4 result.....


2023-02-07 09:21 | Report Abuse

After delist, CCB still give 5sen dividend for those who didnt accept the offer.....


2022-12-02 16:40 | Report Abuse

As usual, world market might encounter correction in next 10 working days.

BUT no big deal for long term value and growth stock like Hibis.......


2022-10-27 11:18 | Report Abuse

Possible Russia purge out max oil output before price cap in early Dec to hit their national budget (or so call GDP) and then OFF THE TAP for the rest of the Dec ???????

Then ON THE TAP again in Jan-2023 ????


2022-10-14 09:12 | Report Abuse

Saudi Arabia releases lengthy statement saying Biden asked for delay in oil production cut to November
October 13, 2022 at 8:03 PM GMT+8



2022-10-05 11:06 | Report Abuse

Cap reduction lead to increase in Retained Profits means can use it to increase the share cap via BI in the future.....Correct???


2022-10-05 10:36 | Report Abuse

Old Story....


Petronas has paid RM2.95b in SST to Sarawak
Muhammed Ahmad Hamdan

September 17, 2020 18:48 pm +08

Petronas has paid RM2.95b in SST to Sarawak
KUALA LUMPUR (Sept 17): Petroliam Nasional Bhd (Petronas) has paid Sarawak RM2.95 billion in sales tax (SST) on petroleum products.

According to Bernama, Petronas chairman Datuk Ahmad Nizam Salleh presented a cheque for RM2,956,671,407.36 to Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg at a ceremony at Wisma Bapa Malaysia in Kuching today.

Abang Johari Tun Openg said Petronas and its subsidiaries had fully settled the payments of State sales tax on petroleum products for 2019, as assessed by the Comptroller of State Sales Tax in accordance with the provisions of the Sarawak State Sales Tax Ordinance, 1998.

He said the amount paid by Petronas and its subsidiaries was without interest and penalties as Petronas had complied with the notices issued to it.

Petronas, in a statement, said it had paid Sarawak the SST on petroleum products for last year.

“The payment represents Petronas’ full and final settlement for the SST for the year 2019 and is evidence of Petronas’ commitment towards achieving commercial resolution,” Petronas said.

According to the national oil company, the payment for this year will be made upon assessments by the Sarawak comptroller of SST.

This, it noted, is a significant milestone following Petronas’ withdrawal of the appeal against the judicial review decision and also Sarawak’s withdrawal of the civil action on the Sarawak SST.

“Petronas is committed to work with the Sarawak State government in strengthening the Sarawak oil and gas (O&G) sector towards the creation of a stable and conducive business and investment environment for future growth,” it added.

It was reported yesterday that Sarawak’s endeavour to reclaim its rights on its O&G resources will reach a milestone today with Petronas finally handing over a cheque to the State government for the SST.

The matter was announced by Abang Johari.

In May, Petronas agreed to pay the full SST, amounting to RM2 billion, to Sarawak. The figure was 5% of the petroleum products’ sales value.

In news reports, Assistant Minister in the Chief Minister’s Department (Law, State-Federal Relations and Project Monitoring) Datuk Sharifah Hasidah Sayeed Aman Ghazali said the national oil company will pay over RM2 billion — after computing penalty and interest.


2022-10-04 08:10 | Report Abuse

CQ4, good opening for DJ & Oil Price.

Means to announce good dividend today, tomorrow or next year......


2022-09-26 11:42 | Report Abuse

Market have to drop in Quater End so that it will have the chance to fly in next Quarter...????????


2022-09-25 12:15 | Report Abuse

2020 - world facing Lockdown
2023 - world facing Recession.

Lockdown vs Recession.
a) Lockdown = The Rich cannot fly.
b) Recession = The Rich still can fly and spending money everywhere in the world.

Ho...Ho.... Which one is better???


2022-09-22 22:26 | Report Abuse


The next named storm could become a monster hurricane in the Gulf of Mexico
CNN Expansion Atlanta December 2021, 1089972Jennifer Gray
By Judson Jones and Jennifer Gray, CNN meteorologists

Updated 1127 GMT (1927 HKT) September 22, 2022

(CNN)Hurricane Fiona is the strongest hurricane of the Atlantic season, and now forecast models show a developing storm system could become a monstrous threat to the US Gulf Coast by next week.

An area of disorganized activity a couple hundred miles east of the eastern reaches of the Caribbean Sea will likely become the next tropical storm -- named Hermine -- in the next few days, maybe even the next few hours, according to the National Hurricane Center.
This small cluster of storms has meteorologists' attention because both American and European forecasting models have consistently showed them developing into a tropical system and entering the Gulf of Mexico -- though the models don't have the best track record when forecasting that far out.


2022-09-18 14:24 | Report Abuse

LONDON : Saudi Arabia and Russia, the de facto leaders of the OPEC+ oil producer group, see US$100 a barrel as a fair price that the global economy can absorb, sources familiar with government thinking in the two countries told Reuters.

The Organization of the Petroleum Exporting Countries, Russia and other allies, known as OPEC+, pumps more than 40per cent of the 100 million barrels per day of global output. The group has a powerful influence on global fuel prices through its supply policy.



2022-09-14 10:30 | Report Abuse

Biden said the coming purchase price for oil to support America SPR is around US$80/barrel....


2022-09-12 21:22 | Report Abuse

Ha ha, Net Cash/Share = RM0.95!!!!


2022-09-08 11:45 | Report Abuse

Oil dropped due to strong US$ which was not related to the market changed in supply and demand on oil.

US$ will be weaken in 2022-CQ4.
Currently US$ index around 110.
CQ4 might drop below 105??


2022-08-24 16:21 | Report Abuse

Gas price is hitting US$400/barrel oil in terms of energy unit.

Huge number of conversion from Gas to Oil for energy purpose in 2022-CQ4 will push up the oil price to a level UNSEEN before.....


2022-08-24 16:18 | Report Abuse

FUNDS wont push up the price and let retailers sell...hehe.

Best way is hold till Hibis announce Final Dividend.



2022-08-24 14:39 | Report Abuse

Final dividend can be announced 1 month before AGM (AGM normally in Nov).
Means Oct will announce dividend??
( by the time, BOD already has the full infor abt 2023-FQ1 result (Jul-Sep)....


2022-08-23 09:03 | Report Abuse

Saudi needs to keep oil price above US$100/barrel to support their subsudy activities and The Line NEOM project.....


2022-08-11 17:11 | Report Abuse

Uncle KYY very geng one - very good in prediction.
Big SIFU...

Started to highlight in Jul20 and now is Aug10.
During this period:
[a] Price movement is not big...
[b] Latest QR not release yet n suddenly you said why not showing triple profit...

Seems like someone know bad things will happen????


2022-07-27 16:33 | Report Abuse

28-Jul (tomorrow is Thursday), Tesla coming.

0->100 = 3s only.



2022-07-26 09:13 | Report Abuse

USA Jul CPI estimated to be in the range of 7.7% - 8.3%.......
[Jun CPI = 9.1%]

So what will be the interest rate that FED is going to announce??


2022-07-25 11:11 | Report Abuse

Very appreciate JohnZhang time and infor something like LAST CALL before the party end.

There are only 2 direction after the party end:
=> Price Up or Price Down.

NJOY guys....


2022-07-21 10:56 | Report Abuse

After KYY come to Hollywood here....
3 IBs join and start Bollywood ....

What next??


2022-07-21 09:22 | Report Abuse

What is Uncle KYY buying price for Hibiscus?

2020 (Mar-Sep): most of the investors busy with Glove counters.

2020-Sep to 2021-Sep: Hibiscus price was traded around RM0.50-RM0.65.

2021-Oct untill now : Hibiscus price range RM0.65 - RM1.50.

How much he will make if his selling price is below RM1.00??


2022-07-20 11:34 | Report Abuse

Why is Sabah Finance Minister II highlighted this issue??

Seems like Sabah Finance Minister diam diam??


2022-07-19 16:36 | Report Abuse

PETRONAS holds exclusive ownership rights to all oil and natural gas exploration and production in Malaysia. For PSC, Petronas holds equity interest.

So can state government issue stop order on this??

Good to see state government respond to Repsol/Hibiscus few times query on the tax issue.
It is a kind of strategy to force all relevant parties to meet up to solve this problem.


2022-07-18 09:55 | Report Abuse

The valuation of Repsol Assets (for divestment purpose) was based on Brent oil price at US$56/barrel from 2021 - 2025.

Year US$/Barrel
2021 - 60
2022 - 57
2023 - 55
2024 - 53
2025 - 55

Assume Brent oil is:
2022 - 2023 : ave US$80/barrel
2024 - 2025 : ave US$70/barrel

what will happen to Hibiscus????


2022-07-13 09:30 | Report Abuse

Market Rumours based on Hibis 2022CQ1 forecast:

2022-CQ2 Hibis Result:
Rev: RM1.1bil
NP: >RM300mil
EPS: >15sen
Dividend : 4-5sen??

Time to Sapu??


2022-07-08 16:48 | Report Abuse

Dr Kenneth is consider as low profile businessman and his action is to tell public that nothing wrong with my company -- If Hibiscus can survive during negative oil price, what is it for me right now.....

Njoy the show sooooon....


2022-07-07 11:33 | Report Abuse

1yr FD rate for CY2023 might hit 3.5%.

So Hibis DY need to hit at least 5% for FY2023 before big funds are looking at it......


2022-07-07 11:12 | Report Abuse

Hibis Div ( to reward Directors cum shareholders)

FY2021 = Div 1.5sen (EPS = 5.62sen) Payout ration: 26%

EPS = YTD 19.81sen + 9.0sen (FQ4?) = 28.81sen??
Div = 5.0sen ?? Payout ratio = 18%??
High chance to declare 4sen div in coming QR??


2022-07-07 09:14 | Report Abuse

2021-CQ1 Hibis:

EPS = 1.76
Share price = around RM0.55.
PE = 8x


2022-07-07 08:58 | Report Abuse

Average Oil price most likely be double compare to 2021-CQ1 which is around (+/-) US$100/barrel = Pre-Repsol buy......


2022-07-06 09:08 | Report Abuse


Citi using the fear of recession to SHORT oil to US$65/barrel.
It is trying to make some profit from this SHORT in CQ3 .

Just recall back the totally lockdown in 2020 CQ1-CQ2 [ means ZERO activities on the road for normal people like you and me] .
Oil average price around US$45/barrel....

Now all can fly, Recession also can fly and travel....hehe


2022-06-30 11:21 | Report Abuse

White House is studying the impact to US economy if oil price hit $200/barrel.

Does this means the max that can swallowed by Biden Administration = US$200/barrel????

Only time can tell.........


2022-06-27 11:45 | Report Abuse

After the OPERATORS pull down the price in the last 10 days,

now is the time for THEM to slowly - slowly....push up the price back to PE level.


2022-06-27 08:51 | Report Abuse

Haha.... Someone used big big oil barrel to collect end last week.

Those who follow the trend hopefully will laughing to the bank one day......

Hurricanes to strike Mexican Bay very soon....


2022-06-24 16:51 | Report Abuse

Seems like operator mission almost completed??

Ha! Ha! Blue Sky coming.....


2022-06-24 08:41 | Report Abuse

Seems like yesterday "force short " by operator was trying to reduce its losses in CQ2 fund performance.

If US cap oil price by banning oil export, then what will happen to Brent price??

[ Explosion at Freeport terminal caused gas price drop from above $9 to $6++ in US but huge increase for LNG price in Europe...]


2022-06-24 08:35 | Report Abuse

3rd round offer coming .....


2022-06-23 16:04 | Report Abuse

Almost done??
U-turn from 0.93??
Take big-big oil barrel to collect...............


2022-06-23 11:19 | Report Abuse

Booming demand for Vietnam products in CQ1 onwards......

Good for Magni-Tech??


2022-06-23 11:17 | Report Abuse

Maybulk based on latest QR

Net Cash(RM141,266,000)/Share = RM0.141
Net Vessel (RM335,873,000)/Share = RM0.336
TTL (These two) = RM0.477/Share

If they sell vessels, might fetch very good price like what they did in 2021.....


2022-06-23 09:53 | Report Abuse

High oil price which push up revenue and profit not necessary a good opportunity for Directors cum shareholders to sell their share.

The only way to reward them (on top of salaries and bonuses) is via dividend.

So what to expect from Hibis div in CY2022?
Q1 = 1sen (confirmed)
Q2 = 2sen??
Q3 = 3sen??
Q4 = 4sen??
TTL = 10sen??


2022-06-08 12:29 | Report Abuse

Will Maybulk share price hit RM0.38 in the month of June?
(Sell in May and run in June.....)


2022-06-08 12:12 | Report Abuse

Citi And Barclays Raise Oil Price Forecasts
Citi’s second-quarter 2022 Brent forecast is now seen at $113 per barrel.
Barclays now sees Brent prices averaging $111 this year and next.

This means Citi & Barclays going to "long" Oil [Both of them give up "short" oil]

Watch out Hurricane session to hit MEXICO BAY in June & Jul.


2022-06-02 10:06 | Report Abuse

BDI up, share price not moving!!

Now BDI big drop, share drop big drop....


2022-05-12 16:19 | Report Abuse

Dry cargo vessels shortage push up BDI ....
Good for Maybulk??


2022-05-12 16:18 | Report Abuse

Will it drop to 0.385 bcoz of the month of May??