4 hr till US market start. Wish all the best

Hopefully brent will stay above 60

Most probably friday

Still have to survive market during US time.
Hopefully will not going down again.

Thanks @titus

Oil no good is at what price?

What result? Already out?

Nothing to do with stubborn or not... is the comment is repeating and there is nothing new. Is there any meaning to repeat the same thing again and again. Who doesn't know already the oil price is dropped?
More interestingly is what are the motive behind that.

@Sarara not that these guys care anyway, they are just wanting for a shorting party. No need any fact to back up just the market sentiment will do. They will just troll all the supporters here.

Haha... everybody so confident overhere... so many stock seller interested... of course, they don't have any share with them. But i know truth may not be as what told. You may have a one day victory but the fight has yet to begin. Happy weekend all speculators.

Longkang seems very deep to some people

Haha... lagi bagus jika 50

The effect not so fast one... will last for few days

Wait till they complain

Lol... the market just start ... relax more to come..

Lol ... now short is the trend ma... they like to talk kok sing song also...

Actually china will import... if america will export... they having bottleneck to even transport it within US itself...

Brent and wti oil refinery are different, before the mass drilling of shale, they used to refine brent oil. But these refinery can't be use to refine shale oil.

https://www.google.com/amp/s/oilprice.com/Energy/Crude-Oil/Profitability-Is-Finally-Within-Reach-For-US-Shale.amp.html

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1AP25M

It is near to 50 usd.... let them keep drilling. Streching the limits of their financial...

That is wti price of course...

Brent usd 50 also still ok

Joshua... relax...

For those who don't know... hibiscus do not have 100m PAT every QR... this QR however is diffferent.

Brent downward pressure till when? U all have future vision ar... or time machine? The next QR also wont affected by just few days of low brent price. Offtake is not done every seconds or minutes or even days.

So many people has eaten grape, but grape is not in season. So it tasted very sour. Even so don't complaint the sour taste here la.... keep it to yourself...

How it is bad timing when nothing has been done...

Haha u tyyap follower ar... or u watch his free fb live videos?...

Pang, saudi already responded to trump...

Lol ...nobody is buying now... what are you talking now?

Pang ... u can short brent also... maybe there can get faster respond...

Ya... i don't suprise at all haha... thank you for reminding

If people dont sell ... the buyer cannot buy higher ma... we only help them push the price la...

Going out first doesn't mean good...

@OrlandoOil your expected QR achievable TP?
Mine 1.2

I also thought idss have some grey area...

Almost market end... idss still selling...

Inreased in production announced last QR on anasuria right... which they have not offtake

Support? Lol

Armada different field wor

Since everybody so excited for the QR, let say what is expected TP can be achieved.

Mine 1.2

Today may closed back to where it started to fall... these drop of prices are totally not relevant to the company performance but more to its commodity price and market sentiment. We are yet to see how much impact brent to the PAT. These few weeks, there are support to defends against the idss and market bad sentiments. That shows the value is still there. As long as many still holding on, the price should not budge too much.

https://herdongazette.com/hibiscus-petroleum-berhad-5199-kl-shares-lower-15-20-over-the-past-month/52419/

@Money122 When QR announcement?

Anyday between now and 30th november

If Russia let the oil down their rubble also down.
They just wait and see...

Y people so eager to see this counter price down... i don't think they earned much pushing the price down this much...

Lol...

AFAIK rob_z3_man is bull... he should have some shares on hand

Today will be another day that people are taking profit or short selling to profit. Since the price is not any higher, less people are taking profit while awaiting qr... still have possibility of increase but all depend on the main market.

My conservative take is
brent 45 - 55 hibiscus 0.70 to 0.90
brent 55 - 65 hibiscus 0.90 to 1.20
brent 65 - 75 hibiscus 1.20 to 1.60
brent 75 - 85 hibiscus 1.60 to 2.10

It is a good chance to perform all the maintenance needed before the oil spikes again.