aiyo, this qr maintenance banyak, lower offtakes, evaluating performance of hibiscs isnt by quarter but by yearly. dont buta-buta conclude something without even bother to analyse further in detail. Q1FY19 = 2 offtakes from north sabah, 2 offtakes from ana, this year 1 offtake from each. Of course drop la.

in your dream, 70cts.

https://www.theedgemarkets.com/article/exxonmobil-exiting-malaysia-focus-permian-basin

Think about it, who will be the most potential buyers in Malaysia. :) Lets see if cash rich hibiscs will propose any acquisition~

this stock will jalan soon! just wait and see. currently doing final shakeout.

trading at such valuation, super under valued, hamtam WC! 1.50 hibiscs = at least 0.5 WC.

this supermx2 damn a joker. when it rose strongly, he is expecting a drop. lol

Some people are trader, some people are investor, no right or wrong. @AlvinTSK, their perception in putting monies in stock market could be very different.

obviously a manipulated press down by the operators lately, and those sellers sold due to fear/panic have no idea on what are they investing. Either they were unprepared, all they were just impatient.

mitchu, suggest you to read this:-
https://www.hibiscuspetroleum.com/dividendpolicy/

Hibiscs management has the intention to pay out dividend soon.

really agreed with you Agjl, a lot of speculators know ntg about business trying hard to comment!

borrowing increase for better topline and bottomline, why not.

such result. wow....! simply rm6 above.

but if you compared to the ah beng ah lian in the public, whose view should be more weighted? lol. I am not saying expert in predicting, but expert who has expertise in relevant field.

https://www.youtube.com/watch?v=MzKLs8l9UPM&fbclid=IwAR2YpMBfEFlXn7qYQFnSXrcayvtQ0YRLVuizYd_tsS9jpgeq78c1UZfq_9M

Listen to what expert said instead of listening to the public (whom majority of them have no ground on what they said) simply shouting recession. lol

Know nothing about economics will simply and irresponsibly said recession, this is why fear is so easy to spread among ignorant public. Lol.

Hibiscs currently trading at consolidation with strong big funds supporting the price, once the big bois push it, it will go back to the last time top 5 active glory days. Mark my words.

Same goes to its WC, valuation is still good. Just do not be too panic, if we see mother 1.50, hibiscs WC easily trading at around 60c with a decent premium.

Whole market drop la dik, chill~

Super bullish news! Go hibiscs!

Long term uptrend stock, nothing to worry, buy and hold is the best strategy for this stock.

All your shits were not justified by its high growing FA. If you only look from the TA perspective, it is always a SELL. :)

oil price is rising up, hibiscs operators still pressing down pulak. sienz. move la dik, havent accumulate enough lol.

What you said above is just applicable to a lousy FA stock, GCB? Not really. It will have invisible hand to support.

Sozai, didnt inject any capital how to do business? Drop from sky? LMAOooooo, + hibiscs net cash position, what is this? Bank will tell Hibiscs: Please take my loan.

when it turns to be uptrend, sozai will come out to say it is sign of xxx. Believe the company, hold it tightly. Management bought around 3.6-4. PP at 3.xx, what are you worrying about? Shark distribution your head. lol jokertin.

Cut loss? Cut more, this stock is on strong uptrend with strong FA and high growth prospect.

You guys must notice that the share price fluctuation has been squeezing closer and closer, and the dependancy of share price over oil price has been squeezed as well. We are in big triangle consol, breakout soon and strong rally coming soon, those keep on thinking of 0.8, 0.7, think again, on what ground with such fundamental? lol~

bunch of short-sighted people keep on looking at the daily oil prices. The shakeout of oil is almost done, time for another big rally. Mark my word, those shouting low oil price, be careful.

I started investing into stock market when I was 18. I also used my hard earned monies to learn by buying books, attending some "free classes" even tho it is not detailed, but at least there are something to learn from. Your attitude defines you are loser or winner in the market.

Also, very funny to see you guys blaming OTB though i am not his student/fans.
Don't lose monies then cry like baby, go equip yourself instead of blindly following "tips", and blaming like a dumb when lose.

hahaha this Jason, sozai, go back drink your milk, oh go request for the breast milk, milk powder needs to pay.

We are in a long bull market, trade war is just a reason for the recent retracement after a long rally from Jan to April. Mark my words, dont take trade war so seriously, it will be eventually digested by the investors soon. Do not short.

@newbie_2018, PE40 was based on historical results, in order to better analyse the future stock price, you should use forecast PE instead.

Strong growth stock, directors even bought their own share at Rm4 around, what to worry?

cw A expired, there will be another cw A1. lol.

call warrants will be issued non stop one la, that means it cannot go up forever? lol.

Herbert bought the share at rm1 I think hahahaha that’s why he’s complaining like a mad

I told ya, it will be justified by better future earnings. Crazy bull riding on this stock. Demand increasing, cocoa price increasing, production increasing, go to the moon la!

This counter has been shaking out the retailers very strong as too many retailers were holding this stock, the consolidation with shakeout has been approaching to the end soon, once break from the consol, sky is the limit, this is why the price did not move up a lot despite the FA is so great. :) My advise, hold tight.

@TA_Trader

Negative goodwill is one of the one off accounting treatment (non cash) to be recorded in the statement as a result of bargain purchase of the asset by the management during bad oil market. For better comparison, we should take out this to compare to better show the operational efficiency.

However, last time many claimed that the result wasn’t good due to this negative goodwill, just would like to restate again this, negative goodwill is a very positive thing showing the management capability to purchase quality asset like north Sabah asset at a very bargained price.

Lastly, what we should be more exciting is not about current quarter but coming quarters in the future, this is due to higher oil price, stronger USD and the most important one, higher production in line with their goals.

So, stay invested and don’t let others to brainwash you, you’ll be well rewarded from hibiscus, CHEERS!

@sell, dont be a dumb, do some basic research before commenting on it, yoy down is mainly due to negative goodwill had been taken into account last year q3. sozai.

@yuanXY, know why? Heavy accumulation before pushing. Just be be be very patient with Hibiscs, this stock got no problem with liquidity, its all about whether the big boys have collected enough shares.

http://malaysiastock.biz/Company-Announcement.aspx?id=1145488
This is what we called -> Quality and Transparent Management, see the "Title"! :)

KYY MAY COME SOON. HEHE. NTG TO WORRY AS LONG AS YOU'RE HOLDING IT STRONG.

Result damn good despite low oil prices in Q1, coming quarter will be exciting given recovery of oil prices and potential higher production as planned by mgt. INTERESTING! I CAN NOT UNDERSTAND WHO ON EARTH CANT UNDERSTAND ITS POTENTIAL AND CHOSE TO SELL FOR EVERY SHAKEOUT.

a downtrend = slowly down making you wont feel the pain, yesterday was a shakeout and considered as a healthy correction before a next wave rally, which has created a significant fear to the public, did you sell your share due to this? If Yes, congrats to you for being shaken out by smart monies.

not because of him, but because of yourself. Please realise your own mistake instead of trying to blame blame blame haha. PS im not his supporter, but people still make monies from stock market. why didnt you? easy, your own prob. lol, get yourself equipped is the solution otherwise quit the market.

Do your homework, upshare. Upstream OG is easy to calculate with the transparency of the report given by hibis management.

This stock very obvious there has been a huge accumulation almost 2 years with significant shakeout in between, if you buy and hold, you’re still in gain (uptrending still), when the accumulation is done, this stock will not maintain at this price range, it will be adjusted to a reasonable PE. Mark my words, why is it so? The fundamental, the technical people will shout cut loss when hit a certain points, but did you realise how many times the price will climb back after the technical people cut loss? So buy and hold is the best winning strategy for this stock.

Temporary impacted by teoseng and LHI la obviously, together with trade war issue, how to uptrend. Lmao be logical abit when commenting something.

dont keep on linking the LHI IPO to layhong. lol Well, thats always short term punter focusing on the "hype". Just put a longer sight on this stock, FA is recovering, TA showing bottom consol and accumulation, time to choose a direction (risk reward, higher chance for trend reversal).

yeap bose00, a good bet on WC. chillax. :) RM2 hibiscs [x2] (I am a strong believer, pardon me) = around RM1.5 WC [x3]