http://www.reuters.com/article/us-asia-oil/oil-at-70-barrel-already-a-reality-for-some-as-asian-premium-bites-idUSKBN1D7152?il=0

If you have spare money, you can look at Reach. I don't have much money to spare. Just sold my BJCORP and put it into Reach-WA cause it didn't react fast enough when the mother share shoot up last minute.

If you are looking at Senergy. You better read below link first and do some homework. This company is very likely mis-manage.

https://klse.i3investor.com/blogs/kianweiaritcles/137123.jsp

Look like Brent gonna break 65 2molo morning.
Brent move too fast. We still cannot break 745c

Else can only push 1-2c a day.

Yeah I can see it. We need company to announce a good news.

Alright. testing 745c now Once break, next level 755c.

Why this keep on given breathing time.

BNM reserve increase USD300m

https://www.thestar.com.my/business/business-news/2017/11/07/international-reserves-october-2017/

Of course, now at discount price. Fair value should be 82c now.
Some more now Brent firm at 64. So long as Brent don't fall, then fair value maintain.

ic. Then you better look at some other good counter. don't put all eggs in one bucket.

But look like buyer and seller both hesitate. I wait for you, you wait for me kind of attitude.

aiyoh.. you still haven't buy yet arr....
show started liao loh....

Still got so many want to sell....
Why not wait until set a new high first???

Ok, sudah mari.

gogogo...

http://www.reuters.com/article/us-oil-hedgefunds-kemp/hedge-funds-go-all-in-on-oil-kemp-idUSKBN1D7046?il=0

Don't worry, with the appearance of King Musang, it signify the stock is about to move up. LOL...

Spotted shark collecting at 735c.

Looks like need to look at afternoon session. now only trader playing seesaw.

yeah today will move, but water still very calm. Didn't see any shark fin protrude out of the open sea.

Lato Sri, why you didn't push the stock up...

Shark still not yet come...

hahaha... Teapot welcome back. You really a dare devil. So you manage to use the escape pod.

Very high possible before the end of this year, Hibiscus will no longer a penny stock.

Sure will break. For me the fair value is now 0.82

If shark enter today, may see price up by 10c.
My suggestion, don't queue to sell, let Hibiscus had a smooth ride up.

Look like heading toward 70 and above within this year.
1. Saudi Aramco to be listed next year, oil must be > 70 to breakeven. Saudi must present a future profitable company before listed it.

2. Speculator now jump into the oil bandwagon. This gonna push it even higher.

hahaha.... really close above 64...

Oil price look steady at:
Crude - 56
Brent - 63

Gonna sleep now, hopefully tomorrow morning wake up to find Brent at 64. : )

Brent just break thru 63

Congratulation to all Hibiscus investor. For you have make the right choice to put your money in stock with one of the biggest backer in the world.

You have Saudi Arabia to back you up. If you think not good enough, then how about Russia? Still not enough, then how about Opec and non-Opec member?

If still not enough, then you better sell all your Hibiscus stock and look for something else.

I can't find any other stock with such a backing. I don't even need to thank them.

Brent at 62.60 now.

Yeah, play the trend. what you said is right.
I keep half for long term and another half to according to trend.

Other O&G counter also start reversing now. Congratulate to those who queue and buy at 715c and 720c.

As long as Aramco not yet listed, can expect price to continue to move up.

I heard one of the reason Saudi very eager in pushing brent is because of Aramco listing.

Cannot be help, eternally same story.

Brent Oil is heading toward 63 now. Maybe tomorrow morning will hear Brent Oil breakout 63.

so when price start to move, don't chase above 0.755, for shark will dump mostly at 0.755 - 0.76

every increase of USD1 will add Hibiscus value by 0.032. Say at USD60, Hibiscus fair value was at 0.695 (PP price).

Now Brent at USD62 then fair value should add 0.064 which should be 0.759 or round to 0.76

Hibiscus is now undervalue by 0.035

Yes, can see that shark is collecting. will move anytime.

Hibiscus already fully awake, only problem is its mouth still shut.

Hibiscus already have its catalyst, just waiting for announcement only.

If you are interested in Krono, wait until its price adjusted to 98c or below first.
It is mention in the Star today that the company is planning PP at 98c

No need to worry. Hibiscus are Oil producer not Service provider. So long as the Brent oil above USD40, they are fine and making profit.

Service provider for O&G may not make profit even if oil price increase cause they still need to renegotiate their service price.

Is Coastal in O&G?

http://www.reuters.com/article/us-saudi-russia-oil/saudis-falih-calls-for-more-work-to-cut-global-oil-inventory-idUSKBN1D405U?il=0

https://oilprice.com/Energy/Energy-General/BP-Boosts-The-Bullish-Case-For-Oil.html

http://www.reuters.com/article/us-global-oil/u-s-crude-touches-two-year-high-after-rig-count-drops-idUSKBN1D301J?il=0

hahaha... next monday sure gap up...