Blog: Hibiscus Petroleum vs Supermax

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5 comment(s). Last comment by followthetrend 2021-10-15 19:35

Sales

3,194 posts

Posted by Sales > 2021-10-11 08:55 | Report Abuse

Supermax cash rich....

gohkimhock

2,948 posts

Posted by gohkimhock > 2021-10-12 09:05 | Report Abuse

if want play oil, i advise you better for go Dialog. Bcos of the the valuations.

error413

10 posts

Posted by error413 > 2021-10-12 16:22 | Report Abuse

Thanks for pointing this out. Nice research on comparing the stock price with Brent. However to compare with historical stock price, you forgot to add in the market capital comparison as well. When Brent goes up, only 2 public counter has the oil well (E&P) which is Sapura and Hibiscus. I'll put my money in Hibiscus due to debt issue with Sapura. For Hibiscus already gain alot when the Brent price reach $65. And they has benefit from it since the past 6 months.

witan

774 posts

Posted by witan > 2021-10-15 19:30 | Report Abuse

Repsol acquisition will increase 8,000 barrels of oil equivalent per day to about 25,000 barrels oil equivalent per day. (3x times increase). 17000 plus 8000 = 25000 (50% increase not 3 times more). Rookie mistakes?

followthetrend

49 posts

Posted by followthetrend > 2021-10-15 19:35 | Report Abuse

witan, from 8,000 barrels (before acquisition) to 25,0000 barrels (post repsol acquisition). Please attend english and math classes.

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