*My O&G stocks TOP PICKS for 6/1/2020:*

As oil prices shot higher after a U.S. airstrike killed a high-ranking Iranian military leader, which traders fearful of retaliatory attacks from Tehran on Middle Eastern energy infrastructure, *we can expect these key O&G stocks would be potentially rallied next week:*

*1st Liners: Producers, FPSO & Rigs:*
1. Hibiscus
2. Reach Energy
3. Sapura Energy
4. Yinson
5. Bumi Armada
6. Velesto

*2nd Liners: Maintenance & Fabrication:*
1. Dayang
2. Petra Energy
3. Deleum
4. Wah Seong

*3rd liners: OSV & Downstream maintenance*
1. Alam Maritim
2. Perdana
3. Icon Offshore
*4. GFM Services - via a newly proposed acquisition of Highbase Strategic Sdn Bhd (HSSB). The latter’s existing orderbook would be a major boost to GFM. Additionally, the more O&G activities in town, the more HSSB’s downstream maintenance are also needed. The latter’s services are critical as it helps to prevent from undue interruption of its clients’ production performance and avoid damages to clients’ facilities. Imagine its business like Frontken’s semiconductor in Taiwan, which their cleaning services are critical for TSMC’s chips production equipment. So, that is how HSSB’s maintenance services are critical to its O&G clients and it would contribute multiple earnings growth to GFM from this year onwards. Technical wise, the stock has signaled bullish reversal and could potentially rally to 39.5sen / 44.5sen and maybe as high as 51sen as per call option for 2% share in HSSB.*

Lastly, *”I always believe that the share price move first and fundamentals come second".* *In other words, it is better to react now on GFM before the actual results come out!*

Tq, Fred

https://klse.i3investor.com/m/blog/fatprofitstock/2020-01-04-story-h1482030755-My_O_G_stocks_watchlist_for_6_1_2020.jsp

Americans told to leave iraq immediately while trump says the world is safer now

Miss raya, u fikir by mth end bole naik 1.4 ah

Oh forget to add saudi will buy more arms fr haramco money fr usa coz iran going to ask its proxy attack saudi

Shale oil going to need oil price up coz got us200b debt(wsj).trump signed with china trade deal. Election cmg. So must start something. China u goin to sign on 15 jan so cannot have another trade war so soon. So have mid east war.it is good for america coz it is a net exporter of oil.and it will help the shale companies out of 200billion debt if oil price go up.then trump voted in. Any comment ?

Monday the oil price will fly but this counter will drop 1c more

Sorry aramco.

I think with haramco going for listing oil price is moving up slowly. Plus dr ken say want to buy assets in sea. Msia is in sea . Also said have identified the assets aready. I suspect it is exxon assets they want to buy. Time to go in again

On the other hand 8000 gap will be done thru acquisitions of assets says ken pereira.and he says looking at sea assets. I think its a done deal already only pricing matters

Windfall

Pray that labour dont win the uk elections coz if it does there will be windtax on oil companies

This stock cannot move one. Dont waste time

This stock will move only in 5 to 10yrs time. At that time oil will be usd 10pbarrel.dont waste your time in this stock u are better off with dayang carimin

@ron 90.Pe ratio 6.4 coz european union will not want to buy oil in 2021.source -bfm 99.9 5oclock news.

@densim. Hibi recorded almost 1 biliion rgt in turnover and i cant believe it that it is still a penny stock

2021 the oil price might be us 100 or might be us 20.the point is u must strike it when it is hot

Carimin dayang deleum jaks penergy and uzma were well below hibiscus last few mths. Now they have overtook hibiscus by leaps n bound. Waiting for sapuraenergy n reach to overtake hibiscus which i think will happen pretty soon. Yet some ppl iin this forum is asking to just buy hibiscus.

Yes hibi moved from .18 beginning 2016 .we r in 2019. That 4yrs ago.500 ÷4 is 100+%.but ytd it is on negative territory whereas all the others ytd are pretty impressive.The performance of the company share is reflective of the mngt.

Rhats why the mngt of hibi is useless

Ytd dayang 250%,knm 500+%,currymee 220% ,petra energy 200+.guess what hibiscus - ve %

You will be able to at .90c tomorrow sure drop

I told you all already.buy other oil stocks

Supermx 2.u understand how the game is being played unlike a certain people

Will drop to 93 in afternoon session

I told u dericlock the mngt of hibiscus is terrible.they should let market forces dictate the price instead of putting roadblocks on hibi shares. Dayang n carimin fly so much in a space of 6 months.buy uzma or deleum or penergy better prospect

We are counting on u iran to launch further rocket/drone / missile attacks on saudi oil installation which will move oil price higher.the mngt of hibiscus is very laid back, always pressing down the share price.Terrible mngt team that ought to be sacked.

Can saudi keep their oilfields safe from further attack by houthi.

Tomorrow i bet u hibi u can buy at 96 c. Stupid mngt

They should just seize the moment or let it be when the mkt opens tomorrow instead of trying to put a roadblock n stifle investors growth

Yes agree with baron.a company has to take care of its shareholders.yes u are right that they have l-t targets of 20k barrels a day.but dont u forget thaat oil price might be 10usa when they achieved their targets.

Forget abt it pak tua. Mngt will Put a roadblock at 96c.u are better of playing currymee or dayang

5.7 % of the global oil production is disrupted after attack by houthi.oil will definitely move up to touch 70usd but hibi has a weak mngt team that doesnt know how to seize the situation.

Terrible mngt that wants all by themselves.

Better sell. They goin to issue more warrants to raise capital for their expenditure. By 2021 when hibiscus pump 20000, oil price will be usd 10 only.might as well give us dividends. 20000x 10x360X4.19=rm302 million. Much less than almost 1 billion rgt sales made for 2019

The only was can save this counter is for mngt to declare dividends

Weak numbers attributed to terrible mngt. Tomorrow sell off.

Terrible mngt. When oil price up they didnt want counter to go up.now oil price down they also suffer

Aiyo . I told u aready.this counter wont move until 2021 when all warrants expired.

Agree with u .. terrible mngt

Collect good news my ass . Counter will be sideways till 2021 when all warrants expires

I told u so. This counter is cursed

Since SC wont do anything with the manipulation , We do people power . Those who has hibi throw the shares coz its not moving. Stop buying hibi shares.teach operators a lesson

This stock will only go up in end of mar 2021. Becas that when all the warrants expires. Till then it will move sideways +- 5sen. Better try your luck with other stocks.

Which is went dericlock .end of oct? Why is ib pressing down the stock

Tomorrow my crystal ball says dayang 1.5 hibi 1.04...hehehe

Hibiscus is expected to earn revenue of Rm 1 bil n npbt of at least 250m based on back of envelope calculation for this financial yr

Have a can of popcorns n prepare to watch combat movie . Next week will test new high.

Aiyo. Bn better is missing his fat monthly allowance from najib now that he is no longer in power.monthly allowance is just sitting at kedai kopi n talkin rots

Like in hibiscus

Idss n ib pressing down?