Posted by Mark T Bird > 2018-03-01 16:08 | Report Abuse

ys, ouch!

Posted by Cik Babe > 2018-03-01 16:09 | Report Abuse

its ok, lain hari boleh buat duit, cuma bukan arini, aku cool

Posted by Mark T Bird > 2018-03-01 16:21 | Report Abuse

Hibiscus to focus on project execution in 2H2018

KUALA LUMPUR (Mar 1): Having achieved eight consecutive quarters of profitability now, oil and gas (O&G) exploration and production player Hibiscus Petroleum Bhd said it will remain focused on project execution for the remainder of the year.

“I think this is a year for both the big and small O&G companies, but more actively in project execution, as while the oil prices are up, the services rates are still relatively low,” its managing director Kenneth Pereira told reporters after its extraordinary general meeting here today.

For the remaining of the 2018, the group said today it will be cautious on mergers and acquisition (M&A) while remaining focused on the execution of its projects within geographical areas it currently has presence in.

Hibiscus is currently in the midst of concluding its North Sabah asset acquisition by end of the month, barring any unforeseen circumstances.

"I will not talk about its earnings, but we hope that, barring any unforeseen circumstances, [the deal] will completed by March 31 this year. All the necessary papers have been signed between ourselves, Petronas, and Shell," said its chairman Zainul Rahim Mohd Zain.

The group also is planning for the commencement of the drilling of a well for its Anasuria cluster concession off the United Kingdom North Sea this May, which Pereira said will bring “material effects” on results of the project starting next financial year.

By the end of this year, combined production for both its Anasuria cluster — excluding the new well — and the North Sabah asset — given timely completion the acquisition — is expected to be between the range of 8,000 and 9,000 barrels per day.

At noon break, shares in Hibiscus stood three sen or 3.21% higher at 96.5 sen with 40.53 million shares traded, valuing the group at a a market capitalisation of RM1.53 billion. THEEDGE

Posted by Tessa Joseph > 2018-03-01 17:05 | Report Abuse

ys, i no berani with quack quack and maxwell, i see this sign ! - both counters

better be with wine and ink wa, see tommorrow how my wine and ink, can up or not, hope no more peti sejuk hahaha

Posted by Cik Babe > 2018-03-01 17:13 | Report Abuse

aku pun was was gak, tu X dapat 12 sen, aku terus out, X try lagi, tetiba naik naik lak, lepas tu aku cuba maxwell, dah masuk, rasa lain macam game dia orang, aku cabut walau rugi sikit, takpe esok aku masuk wa yang 2 tu, aku join tessa!

Posted by Mark T Bird > 2018-03-01 17:50 | Report Abuse

in!

Posted by Ratna NinjaGal > 2018-03-01 19:44 | Report Abuse

Menurut ilmuwan, rasa takut pada saham melonjak naik sangat masuk akal.

Kore wa nandegozaruka?


wakakakakaka

Posted by Mark T Bird > 2018-03-01 21:47 | Report Abuse

hello ninja!

Posted by Mark T Bird > 2018-03-01 22:31 | Report Abuse

Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

In November, United States’ crude oil production exceeded 10 million barrels per day for the first time since 1970, according to the US Energy Information Administration (EIA). Analysts have predicted that U.S. could become the world’s largest oil producer in 2018, surpassing Saudi Arabia and Russia. How did we get here, and what does it mean for the industry?

U.S. shale oil and gas producers have been ramping up production to take advantage of rising crude oil prices — prices that had been rising in the wake of a deal between the Organization of the Petroleum Exporting Countries (OPEC), Russia, and other non-OPEC producers to reduce oil output. That deal sent the price of Brent crude oil to above $70 a barrel in January, after the industry that had suffered through $54 per barrel oil on average in 2017.

But with oil producers in North America expanding output, prices are likely to remain volatile. Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.

The recent price swings highlight a new era of uncertainty gripping the world’s energy markets. As global oil producers work at cross-purposes, the industry’s traditional boom-bust cycle is being replaced by faster, shallower price rotations based on changes in production. It makes price movements less extreme but also more difficult to predict. The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. The news is all good for customers, but it makes planning for the industry players much more difficult.

This unpredictability may only intensify as the world’s oil markets continue to adjust to shifting realities. Even more potentially destabilizing for major players, the expected surge in the U.S. oil supply may be enough on its own to meet all of this year’s growth in global oil demand. After being one of the world’s largest net importers for decades, the U.S.—while still a net importer of oil—is now selling millions of barrels of oil to China, Britain, Mexico, and India, a new reality made possible when restrictions on crude oil exports were lifted in 2015.

The soaring U.S. output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy. These increasingly efficient survivors now represent half of U.S. oil production, up from a mere 10% just seven years ago in 2011. In fact, 2018 may mark the first year shale producers will be able to fund future expansions of drilling programs through their own cash flow.

While major oil companies plan to dramatically increase shale production in the Permian Basin in Texas and New Mexico, U.S. shale production alone is unlikely to be enough to satisfy the world’s growing oil needs—especially when oil reserves in shale may only get us another 10 years of oil and not necessarily 50. Oil companies will need to develop both new conventional and unconventional crude oil resources to keep up with current demand for roughly one million more barrels of oil every year in addition to replacing the approximately four million barrels lost annually as reservoirs are naturally depleted. In total, we estimate that the oil and gas industry will have to replace about 40% of today’s oil production over the next seven to nine years.

That means difficult decisions lie ahead for independent shale producers, national oil companies, and the major integrated companies. While they can start to tap into the global reserves of shale oil, which exist literally everywhere, developing the reserves in most places from China to Argentina will require a significant investment to develop the shale ecosystem and supply chains needed, in addition to the infrastructure to gather, treat, transport, and store the crude oil. Or they can develop conventional reservoirs where it will require long-term investments in new technologies to bring the cycle times and costs more in line with those of nimble shale producers. Most major producers with large balance sheets will likely hedge their bets and attempt both.

Posted by Mark T Bird > 2018-03-01 22:31 | Report Abuse

Generally cheaper oil is certain to have at least one short-term impact: It will compete with and potentially slow down the world’s expected transition to renewable, clean energy. Transportation accounts for the majority of the world’s oil demand, and as long as oil prices stay way below their 2008 peak crude oil price of $145 per barrel, there’s less economic urgency to switch to electric vehicles and hybrids, even in China and Europe where there has been governmental support to move away from internal combustion cars. Electric vehicles will only account for 7% of the cars on the road over the next 12 years, Morgan Stanley estimated when oil prices were relatively low in May in a report titled “One Billion BEVS by 2050.”

Long term, however, oil demand to operate cars is likely to decline as fuel efficiency for all manner of transportation increases, car ownership continues to fall, and electric and autonomous vehicles become more popular. By 2050, more than half of the world’s passenger cars are likely to be electric vehicles, according to the Morgan Stanley study. With the right combination of technological advances, cost reductions, and integration with renewable energy and storage, the tipping point for electric vehicle adoption could potentially be much earlier. These trends will require oil producers to shift their focus away from transportation and diversify towards innovative petrochemical products to capture market share in diverse end uses such as clothing and construction materials.

To match the new environment of constant, low-grade volatility in both prices and supply, producers and consumers of oil may need to re-evaluate assumptions and continuously adjust their strategies. Here are several ways that some forward-looking producers and customers are already beginning to do this:

Diversifying oil suppliers and sources. Major oil and gas producers are preparing for greater uncertainty by shifting their reserve portfolios toward unconventional oil and gas in order to respond nimbly and competitively to market shifts. Companies such as Exxon, Chevron, and Shell have all said they expect to expand their production in shale assets in the US, Canada, and Argentina.


At the other end of the spectrum, refineries and other industrial customers are starting to broaden their sources of oil supply and seek more favorable terms. Last year, for example, India, which imports about 80% of its crude requirements, began importing oil from the US for the first time in its history. More recently, Poland signed its first ever contract for US crude oil to diversify its supplies from Russia. Some independent refineries in China, Japan, and Poland are trying to secure spot crude oil cargoes to supplement their supplies from traditional long-term supply contracts.

Developing new digital efficiencies. Major oil and gas producers are now trying to apply lessons from the shale revolution’s use of cutting-edge technologies to reduce development cycle times and costs for offshore conventional oil projects by about 40-50%. Although efforts to digitize oil operations are still in their infancy, leading producers are working closely with oilfield services companies, engineering firms, and construction teams to incorporate artificial intelligence, robotics, and predictive maintenance into offshore operations. Drones are beginning to be used to check for pipeline leaks, self-driving trucks are moving tar sands, and Schlumberger is experimenting with a robotic drilling rig that will complete land wells in 30 percent less time than conventional rigs and require 30% fewer man-hours. All of this is with the aim to reduce the marginal cost of the barrel from the current $70 a barrel to around $40.

Major players are also optimizing their field development plans by tapping into new production data streams and developing three dimensional digital models of their massive offshore platforms. By modularizing components, they hope that deep-water offshore developments can be pre-built and assembled in three to four years instead of the current seven to nine years for a fraction of the cost.

Investing in differentiating new services. At the same time, some national oil companies and oil majors are exploring new ways to differentiate themselves from shale producers by investing in refineries, pipelines, petrochemical production, and storage infrastructure close to their customers. Saudi Aramco, for example, is considering committing billions of dollars to expand its refining capacity in Malaysia and Indonesia, as well as a new refining and petrochemical plant in China in an effort to lock in customers.

Posted by Mark T Bird > 2018-03-01 22:34 | Report Abuse

Re-evaluating buffers to a more uncertain environment. As unpredictability becomes the industry’s new normal, some oil and gas producers have started to rely more on hedging as a way to protect themselves from volatile crude oil prices by buying futures contracts that either lock in future prices or put limits on them all the way from their oil wellheads to their refined products. By placing upper and lower bounds on price volatility, producers can count on a more certain cash flow.

Some countries in Asia and the Middle East may come under social pressure to reinstate subsidies to shield their citizens from more frequent price swings at the fuel pump. Indonesia, the United Arab Emirates and several others accelerated a process of retracting gasoline and diesel fuel subsidies and linking them to market price few years ago to take advantage of the dramatic fall in oil prices while assuming that they would remain “lower for longer.”

***

The first months of 2018 have shown that the oil industry has entered an era in which change will be the only constant for the foreseeable future. While oil prices will not spike to the peaks that they hit when OPEC and geopolitical events ruled the oil market, the oil markets will likely be unstable as the ranks of maverick shale producers swell, oil majors and national oil companies try out new digital techniques on their conventional fields, and new trade patterns emerge. As we have seen in other industries, to make the most of the new opportunities that lie ahead, oil companies will increasingly need to morph into agile organizations that can pivot to offset and even capitalize on disruptive new shifts. No one will be able to afford to stand still.

HARVARD BUSINESS REVIEW
MARCH 01, 2018

Posted by Cik Babe > 2018-03-01 22:40 | Report Abuse

mark, veri veri long, esok read :D

ninja, tokoh-tokoh ilmuan dari i3? hehehe


tido dulu, kutnaik see you tomorrow kutpai

Posted by Cik Babe > 2018-03-02 09:13 | Report Abuse

dia orang ini biasekler, nengok alex, aku suka budak tu, memang kena garang nak handle forum saham, tapi alex lak post kena removed

Posted by Mark T Bird > 2018-03-02 09:51 | Report Abuse

I am well aware who are those few members who regularly find my posts “offensive” no matter what I post or comment.

Posted by Cik Babe > 2018-03-02 09:59 | Report Abuse

dia orang memang giler la mark, dulu aku ingat sebab aku cakap melayu kena flagged, cakap english pun flagged, sini ramai orang tua2 X ada kerja, stress bagi flag, tengok gambar handsome bagi flag, tengok post yang rasa diri sendiri terkena bagi flag, tangan gatal bagi flag, pi tekan buy and sell kalau tangan dah gatal, tu baru real hehehe

Posted by Mark T Bird > 2018-03-02 10:06 | Report Abuse

Ghosts at my forum

Posted by Cik Babe > 2018-03-02 10:14 | Report Abuse

hantu2 everywhere, ramai orang lama dah buka telegram group, whatsapp group, closed group, secret group, tessa pun dah mula nak aktifkan google plus, sini datang jadi silent reader, lama2 forum sini jadi macam invest lah, malaysia biz - sunyi dan senyap

Posted by Cik Babe > 2018-03-02 10:16 | Report Abuse

nak buat macam mana sini ramai sakit, diabetes, high blood pressure, heart problems tapi lupa makan ubat hehehehe

Posted by Tessa Joseph > 2018-03-02 10:33 | Report Abuse

agree YS, Bird!

as for now market sentiment yoyo

Posted by Cik Babe > 2018-03-02 10:34 | Report Abuse

hibi CD baru keluar - MACQ

Posted by Tessa Joseph > 2018-03-02 10:37 | Report Abuse

another SW? Hmmm..MACQ very confident indeed - there's a market for it

Posted by Cik Babe > 2018-03-02 10:40 | Report Abuse

suka cash dari shares

Posted by Mark T Bird > 2018-03-02 10:44 | Report Abuse

2 major drawbacks of the cash extraction strategy are loss of dividend/corporate exercise rights and time decay

Hibis CB not moving Zzzzz

Posted by Cik Babe > 2018-03-02 10:48 | Report Abuse

hehehe harap2 time nak expired, dapat la buat duit

Posted by Mark T Bird > 2018-03-02 10:51 | Report Abuse

did u miss ur old place after u moved?

Posted by Tessa Joseph > 2018-03-02 10:52 | Report Abuse

nope

Posted by Cik Babe > 2018-03-02 10:58 | Report Abuse

X! bukan kenal dengan creator kaki flag sangat, takat tau online sini, biasa nengok postings, aku ikut tessa dari tempat lama, tak ingat nama, masa tu connie pun ada situ, aku kenal tessa masa kat pelikan, aku kenal mark masa kat kaki flag, aku ingat mark rekomen sersol dulu, seronok masa tu, sersol naik hehehe

Posted by Cik Babe > 2018-03-02 11:01 | Report Abuse

aku kenal duit, masa mula2 dia masuk sini, ingat nama dia guna duitkwsp, dia buka blog tanya pasal pelaburan

Posted by Tessa Joseph > 2018-03-02 11:13 | Report Abuse

oh that place no longer existed, dunno what happened, many tried to enter suddenly kenot, hours later gone, fortunebull actually kinda close with CT. CT were unhappy with flags on his postings, so fortunebull created kaki flags, CT grabbed me to run the place with him, don't ask me wheres CT now, IDK

Posted by Cik Babe > 2018-03-02 11:17 | Report Abuse

hah aku ingat dulu CT promo company china, naik naik tertiba lingkup, lepas tu aku dengar u all buka whatsapp group

Posted by Mark T Bird > 2018-03-02 11:17 | Report Abuse

tessa was the admin

Posted by Tessa Joseph > 2018-03-02 11:24 | Report Abuse

yup, a little bit stressful for me, I have so many things to do, managing my cats, my house, my husband, meeting friends for coffee, so I decided to leave, the admin job transferred to Hot.T by whatsapp and not by me LOL

Posted by Cik Babe > 2018-03-02 11:31 | Report Abuse

hehehe whatsapp mula dulu memang gitu, ada satu kes tu kat family group, tok pening kepala, nenek leave the group, cucu jadi admin bukan tok hehehe

sekarang ini family group buat, admin tok and nenek or mak and ayah, so satu cabut ada lain jadi admin :) boleh appoint banyak admin, group family selalu ada 4 6 admin dalam nya, selalu ikut usia yang tua jadi admin yang muda dengar aje ler hehehe

Posted by Tessa Joseph > 2018-03-02 11:38 | Report Abuse

hahaha

Posted by Mark T Bird > 2018-03-02 11:51 | Report Abuse

ghosts at my place! evil people, itchy hands, don't like my place, get lost! i hope u die and burn in hell

Posted by Cik Babe > 2018-03-02 11:55 | Report Abuse

ntah2 CT

Posted by Tessa Joseph > 2018-03-02 12:00 | Report Abuse

IDK about flags, don't let the stressful peoples here gets to you, its their loss not yours hahaha

Posted by Cik Babe > 2018-03-02 12:04 | Report Abuse

pada aku orang macam ini penakut, in real life penakut, so bagi flags kira berani la online

hish baik aku nak bawak cucu pi supermarket, percaya la cakap aku orang kat sini semua tua2 tak ada life, kaki flags GET A LIFE!

Posted by Ratna NinjaGal > 2018-03-02 12:23 | Report Abuse

ninja always happy, ninja can be bird's proxy

Kore wa nandegozaruka?


wakakakakaka

Posted by Ratna NinjaGal > 2018-03-02 13:47 | Report Abuse

Birdy! who buy shares through nominee acc? please explain

Posted by Tessa Joseph > 2018-03-02 13:50 | Report Abuse

i can answer that, it means that person buying shares on behalf a client, usually stockbroker

Posted by Ratna NinjaGal > 2018-03-02 13:51 | Report Abuse

that client or that person stockbrocker?

Posted by Tessa Joseph > 2018-03-02 13:54 | Report Abuse

that person could be a stockbroker, he or she buying on behalf a client, the client can be anyone, only he or she knows who LOL

Posted by Ratna NinjaGal > 2018-03-02 13:57 | Report Abuse

cannot attend AGM/EGM?

Posted by Tessa Joseph > 2018-03-02 14:03 | Report Abuse

nope, when so requested, the client shall sign a written power to allow he or she to attend the meeting, aiyo my husband aso don't want, he in O&G business some more, we know hibiscus is a growth company, so we don't expect much from them, dividends and so on, hibiscus doing their best, as far as I can see

Posted by Tessa Joseph > 2018-03-02 14:04 | Report Abuse

cheers papaya juice, bird lately phobia with flags hahaha

Posted by Cik Babe > 2018-03-02 14:12 | Report Abuse

ninja nak takeover, pengsan, dibantai dia cakap jepun, kena pakai google translation lak hehehe

papaya juice you can delete that blog you have created :)

Posted by Tessa Joseph > 2018-03-02 14:14 | Report Abuse

suda balik from supermarket?

Posted by Cik Babe > 2018-03-02 14:15 | Report Abuse

beli ice cream untuk cucu, dekat rumah jer

Posted by Ratna NinjaGal > 2018-03-02 14:19 | Report Abuse

ys, give you extra work