sure more room to be downward. only 1st day of selling..

what is iPayEasy e-wallet??

any bad news?

very sad

any good news around?

not sure why they wanna repost that impairement loss article which already past. wanna create panic again?

what good news?

volume so low..buyer very cautious

Dow Jones swings 800pt in 2hours. Amazing

Traps.

i think myeg trying to make it ways back to RM1 by 31 dec

oil price as low..dont u think it is better to do lifting next Q?

anyone know why down so badly>?

i'm pretty sure is margin call sell. if got one BB force to sell on margin call...they will throw and the low price will trigger another margin call sell on another BB...keep on rolling like snow ball. All it is is the government keep causing issue for MYEG and the bad sentiment around. thats all it takes

hope oil can hold gain tonight. all good news came in.

it is fear of government canceling the project just like presbhd and it hit the margin call for some BB. If you notice current government try to find some excuse to hit on this MYEG.

today at least 0.95.

what happned?

unbelievable.Oil price still can go down somemore

https://oilprice.com/Latest-Energy-News/World-News/Russias-Oil-Production-Cuts-To-Take-Months-To-Implement.html

to me not market collapse..i think whole world already collapse!

why so many fake queue to buy?

if i'm not mistaken, the oil waiver for Iran sanction is only 180days. which shall took effect around May. oil should recover

Myeg survive a 800pt selldown!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5995601

USD 62 coming. Oil stabilized

https://www.bloomberg.com/news/articles/2018-12-01/trump-opens-dinner-china-s-xi-with-truce-in-trade-war-at-stake?srnd=premium-asia

https://www.bloomberg.com/news/articles/2018-12-01/trump-opens-dinner-china-s-xi-with-truce-in-trade-war-at-stake?srnd=premium-asia

https://www.bloomberg.com/news/articles/2018-12-01/putin-says-russia-and-saudi-arabia-to-extend-opec-oil-pact?srnd=premium-asia

most is 5.x then rebound to 6.00

can anyone share what is IB new target price?

may i know apart of the impairment loss, is their profit is better YOY? that is the most important. why they didnt show 2017 YOY reference?

today no share buy back

Public bank TP remained unchanged. 1.73

Stripping-off exceptional items amounting to RM15.3m, Hibiscus Petroleum (Hibiscus) reported core profit of RM115.3m (>+100% YoY) on the back of higher revenue by >100% to RM360m. This is largely driven by contributions from the Group’s two producing assets namely Anasuria in the UK and the North Sabah PSC in Malaysia coupled with higher selling crude oil prices. A total of approx. 1.1m bbls of crude oil were sold in the quarter. While total oil production from both assets is slightly lower than last quarter, it is nonetheless still stable at 3,241bbls/day for Anasuria and 14,860bbls/day for North Sabah PSC. We maintain our earnings forecast and target price of RM1.73. Our Outperform rating on the stock is also retained. Share price has been under pressure recently because of increased volatility in oil prices and concerns of oversupply amid heightened geopolitical risks. Nevertheless, with lower average unit production cost for both the Anasuria and the North Sabah assets, we think earnings risks are still mitigated at the current oil price levels.

Healthy contributions from both assets. For the North Sabah PSC, the asset has contributed RM192.0m to revenue and RM132.1m to gross profit from the sale of crude oil. About 595,286 bbls of oil from the North Sabah PSC were sold at an average realised oil price of USD78.55/bbl. Average opex for this asset is USD11.54/bbl. Meanwhile for the Anasuria asset, total revenue recorded was RM166.8m as there were two crude oil offtakes in the quarter. 523,899 bbls from Anasuria was sold at an average realised oil price of USD73.88/bbl. Average uptime and opex per boe for both assets remained healthy, at 88% and USD15.93 respectively.
Working on targets. The recent acquisition of Block 15/13a and Block 15/13b will add another 30MMstb to the Group’s Contingent Resources (2C). Therefore, the Group’s current 2C from existing assets - Anasuria Cluster, North Sabah and Australia assets are expected to increase by 77.9% from 38.5MMbls currently. Once development plans are approved and successfully implemented, the 30MMstb of 2C will be converted to proven and probable reserves (2P) which presently stand at about 46MMbbls. This puts it on track to achieving 100MMbbls in proven and probable reserves (2P) and 20,000bbls/day of oil production by 2021. We do not rule out the possibility of new acquisitions by Hibiscus in order to achieve its target.

What is IB house new rating?

bear in mind 2 years down the road. platform upgrade will have double the oil!!

come on...last Q -ve goodwill how much??90mil..now this 100mil is all profit from oil. correct me if i'm wrong. i havent see if there is any -ve goodwill or not.

got negative goodwill or not?? what is average sell price per barrel?

seems like good news before bad QR..haha

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5985289

last friday is a bull trap!!

can anyone confirm on the rumors of RM150m impairment loss?

USD60

when is the official QR release..anyone know?

heard impairment loss 150m?? true or not?

everyday thought miracle is coming...but end up the same.

gone.

looks like long terms down trend. no rebound since 1.38

Kyou. you listen to Donovan..haha. he said Oil super bullish until USD200 look where we are right now.