For 45c, you may need to wait till the oil price drop to USD35 - USD38, if the stimulus talk in US is off, you may get a chance to buy a 45c hibi.. the current price is holding at 42 to 43 is due to Delta Huricane, Norway Protest and Stimulus Hope...Since hurricane is gone and Norway protest has settled last Friday, our last hope is US 1.8t stimulus package

when dayang go below 90c. I'll get some

@AllYouCanBuy, there you go https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=5199

I'm average down pricing again to 569, if it go down further will get more.. Since Saudi is taking 50-55USD estimation of oil price in 2021 in their budget.. Im not too worried on current pricing..like @allyoucanbuy said, if all things fail..I sell on 2022

@laychee, what kill off astro isn't PH Manifesto but Netflix, HBO and Disney+, who wanted to commit a 2 year subscription a 100+ package when we can get netflix at RM17 and go on and off as we please..

manage to get some on 495..now the average price drop to 577.. will top up more when hibi price drop further..

I still couldn't get it at 50c, currently my average price is 589

@micsoh, I belief you, will q at 50c to average down my price..

seems like hibi only left retailer trading..where have all the iB gone?

lets wait and see at the post moratorium time.. with 7 million borrowers need to start paying loan... billions of dollar disappear monthly in the real economy and finance economy..

I wonder what would the NPL number be after moratorium end today

https://www.theedgemarkets.com/article/exxon-narrows-bidders-us3b-malaysian-assets

2.4 million acres with a 38 years exploration and production term, its not a bad prospect at all.. Hibi price will fly, if they are able to buy the asset from Exxon.

almost there...will collect more when it hit under 50

Would a 2nd Lockdown in EU and US Election will send Dayang back to 70c?

@winner128, sama-sama, please drop below 50c, I will start collecting again .. currently average price at 589

Sesiapa simpan hibi ticket sampai 2022 akan menang besar

Should everything goes according to HIbi plan, by mid of nxt year, we should have 3 more producing asset to increase its production. The lower EPS due to CRPS dilution should be short term

Dont worry micsoh, our friend OPEC+ coming to rescue us again https://www.cnbc.com/2020/09/17/opec-meeting-saudi-russia-review-oil-output-cuts-amid-demand-concerns.html

With another 7 week to US Presidential Election, sharks is trading cautiously, worrying of the next great correction coming before the election

@shyang, good news for me.. I'll start collecting at 50c

16% drop. I thot bursa will suspend the account for the day when it drop more than 10%?

How can buying asset for the company could be a bad news for shareholder? can you imagine they use the 2 billion debt to buy a 6 billion worth of oil reserve, how can this be bad to shareholder. It will be bad when they start buying liabilities with our money...such as private jet or yatch

@speakup @ are you for real. Privatisation, I've been studying the company for half a year.. please don't

@wilson, i do hope so, 30% down mean I can get more ticket at 39c

@sheldon, buy both, then u own 99% of malaysia beer marrket

There is a MA dead cross for Oil Brent, so it is a downtrend for oil price for now, hope it will goes low enuf to cause panic sell and I'm ready to collect as much ticket as I could..Hopefully it will could go under 50c and I will forget about it and sell it on 2022

hibi steady, though oil price drop to 42+, it still wont fall...the only way we can go now is up

Good News, new stimulus package mean good for economy and devalue USD further, it will only send oil price higher

Hibiscus solid, it wont budge even Dow down 800 point and Brent is 43+..Good time coming soon~! But such ashame that I couldn't collect with lower price

@harold, what is your target price to get in, Im eyeing at 5. much expected global economic meltdown, CV pandemic, low interest rate and high unemployment rate, its gonna be a very tough year for banker..

The 2Q hasn't really taking account on CV19 impact yet. We only can see real loan impairment after the moratorium is off.. No one knows how much defaulters on their house, car, personal and business loan

why la hurricane laura came right after Hibi 140m loss report...if not I could have get a 55c or lower hibi ticket now..

I miss the IDSS gang who always paint doom and gloom picture for us to collect cheap price.. How to buy cheap without them... The market is flying mah..should have let IDSS trade again to check and balance

Glove counter now is like Thanos with all the Gemstone..can rebound in V shape with just a flick of its finger..Its Inevitable

Without much progress on vaccine by this year, petrol may linger around 40 to 46 by end of 2020... For which it is a very comfortable price for Hibiscus to trade oil. Oil may start to limit up start from 1Q21, when the CV sentiment starting to dissipate and will rise to USD60+ by end of 2021.

With new Production of Marigold block and ramping up production for Anasuria and North Sabah. Easily a 22k barrel a day production then. A multi billion revenue by end of 2021.

According to Trump philosophy it is still GREAT even the economy slump to 90% as long it is "Better Than Expected"

@Lownet2323, but the Citibank suggest it will rise to RM100+, means 300+PE by then..I think Citibank had a lot of money in TP now.

Since oil price is still above MA9 and MA20. It is still an uptrend for now. It's the best time to collect Hibi stocks as we know the cost per barrel for Hibi is around 17 to 20 USD. Hibi is running in profit while its shares is going sideway. However, we need to trade cautiously as the Shiller PE and Buffett Indicator is showing a big correction may come anytime.

If Brent is 62 and hibi starting to ramping up their production, easily 1.50 shares then... but I still hope it goes under 50 before it rebound to RM1+... US economy is beaten up now, without a solid stimulus package... my chances is high..

Dont worry. oil price will rise back to 70 within 2 years, Hibi production will certainly increase its production to 22000 barrel. 60c is a steal if you are a long term investor, I'll get more if it goes under 50c

if tmrw hit MA200 at 715.. it will start flying...kaya raya dengan bunga raya~!

AllYouCanBuy @ becoz Republican and Democrats haven't strike a deal for 2nd stimulus package. If for whatsoever reason they could get a deal done thru the weekend, there will be another Black Monday coming.

start to collect yesterday, should it drop further, will collect more

If there is no more bad news coming..oil price will organically goes up as the USD is devaluing. However, if Democrats and the Republican can't agree any stimulus package by tommorow..you may expect another Black Monday next week..

feezzy @ can if it could stay afloat till 2023

chtan33, i think by the minute..what if next minute the big sharks suddenly lost appetite with the 100 PE stock and start profit taking..

Oil price will only get higher when USD start to stumble..trillions of money have printed in US and it will only devalue the USD in due diligence.. and with lesser oil rigged around due to bankruptcy and lesser exploration...Oil price should goes up to USD70+ per barrel within 3 years time.

i miss IDSS

Earning report month coming for 2Q..another 800m+ lost for AA will be a disaster...hope Tony get the liquidity he need before the Q report.

Vaccine need at least 18 months to get ready, it needed to be tested on animal before it test on human. After it test on human subject, they need to monitor the subject for some time to make sure its effective and possible side effect.

Any error on the vaccine it may create chronic disease (cancer) or mutated viruses. Even when it is ready, it need at least another 6 month to 12 month to produce 6 billion of vaccine worldwidely.

So it's better to make sure our company has a strong balance sheet to go thru the long fight with CV19.