HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

0.905

Today's Change

-0.03 (3.21%)

Day's Change

0.895 - 0.955

Trading Volume

69,362,900


63 people like this.

98,927 comment(s). Last comment by VTrade 1 hour ago

nazrzach

65 posts

Posted by nazrzach > 1 day ago | Report Abuse

@BobAxelRod,
Nevermind them.

Dear All,
US has been using economic sanctions all these years on small countries. Countries which unable to defend themselves militarily and economically.
When US impose economic sanctions on Russia, it was a big mistakes. And EU is dumb enough to follow US.
Putin has bee planning to do something about atrocities by Ukrainian facists for 8 years. Russia has been accummulating wealth quietly and play dumb even US doesnt have the clue on Russia's intention.

A girl from Russia Head Treasury, Elvira is her name come out ways how to beat US sanctions. US and EU needs uranium, titanium, crude oil, gas and etc. They have to have them. They thought Russia economy will collapse since nobody trade in rubles.
Instead, Elvira suggested that any countries want to buy crude oil and gas from Russia, they need to open an account with Gasprombank and pay in USD or EU then Gasprombank will convert USD and EU to rubles. Rubles novedived intitially but bounced back and become stronger ever since. Strongest so far.
Money transaction with SWIFT were banned but Russia open many accounts with PRC and create SPIEF.
Air travels were banned using Russia plane but PRC offers Russia with their plane. Now Aeroflot can fly everywhere..
Putin is clever. Biden is a fool. Macron and Ursula are like school pupils to Putin.

Now, 3 largest populated continent creates new economic zone and offer new trading route by air/sea/rail, trading currencies..

Hehehehe
Long Live Putin and Xi.
Malaysia will be fine. We are PRC best friend.

BobAxelrod

1,970 posts

Posted by BobAxelrod > 1 day ago | Report Abuse

Well said, Mr Zach. Russia is now buddies with President Xi. In fact, with Nord 1 and 2 out of service, Russia is building pipelines to China. One from North is called "Power of Siberia 1" and another comes across from West into deeper China. It's now PetroYuan and no longer PetroDollar.
Biden is not a smart azzz or a great leader. Just at the right place and right time, just like Maulusia PeeM (plural)..s......

VTrade

1,427 posts

Posted by VTrade > 1 day ago | Report Abuse

Masih dalam sempadan yang genting…

BobAxelrod

1,970 posts

Posted by BobAxelrod > 1 day ago | Report Abuse

At G-7 Meeting this weekend, we may see how India whom has been enjoying 30% discount of Oil Price from Russia would be positioned........

Posted by TillyLovers > 1 day ago | Report Abuse

Jatuh lagi

BobAxelrod

1,970 posts

Posted by BobAxelrod > 1 day ago | Report Abuse

At current price, it's CODE YELLOW...but still chance to move up and away from a penny stock.
At below 90c....CODE ORANGE......flipping either way.
At below 83c.....CODE RED..............the acquisition of Repsol seems IRRELEVANT.

Posted by TillyLovers > 1 day ago | Report Abuse

the counter will fall below 90 c soon

treasurehunt

1,514 posts

Posted by treasurehunt > 1 day ago | Report Abuse

Share market is very fair one...most of the time, reward is either gaining emotional syiok or money.

rr88

4,813 posts

Posted by rr88 > 1 day ago | Report Abuse

Start of uptrend 16 mar 2022 @ 1.02

Peak 18 may 2022 @ 1.49

Close below 1.02 on 22 june 2022.

=> Die. Tp = 1.02 - (1.49 - 1.02) = 0.55

Knm_bottomed

1,073 posts

Posted by Knm_bottomed > 1 day ago | Report Abuse

All depends if WHO declare monkeypox a pandemic this weekend

BobAxelrod

1,970 posts

Posted by BobAxelrod > 1 day ago | Report Abuse

LOL...everyone knows rr888 always calls the stocks that he has an eye on to fall to 20c..30c...and Hibby is honored to be called at 55c.....hehehehehehehe

VTrade

1,427 posts

Posted by VTrade > 1 day ago | Report Abuse

Orrange and yellow zone

lyy5688

49 posts

Posted by lyy5688 > 1 day ago | Report Abuse

hibis fading like a flower,sad

myongcc5

686 posts

Posted by myongcc5 > 23 hours ago | Report Abuse

Well said rattynz!

VTrade

1,427 posts

Posted by VTrade > 22 hours ago | Report Abuse

Wah... delisted ke?
So priceless

rattynz

49 posts

Posted by rattynz > 22 hours ago | Report Abuse

Wouldn't you.. Remember they were looking at a SPAC there recently.. They aren't silly and their management hold alot of equity which they haven't been selling.. If Malaysia won't appreciate it's own special flower someone else might..hehehe

Posted by searchingmoney > 21 hours ago | Report Abuse

all counter the same, dropped after dividend ex date...

CITADEL

1,819 posts

Posted by CITADEL > 20 hours ago | Report Abuse

soon below rm 0.9

GoodBoy

6,557 posts

Posted by GoodBoy > 20 hours ago | Report Abuse

Non stop sinking ... Next week below 0.90 ? ... Below 0.80 ? ... Below 0.70 ? ... Scary ! ...

rr88

4,813 posts

Posted by rr88 > 20 hours ago | Report Abuse

This one everyday drop one. No reboound. Bcause its MACD TERKANGKANG BIG TIME. No sign of narrowing down for a positive cross.

Stay away/cut loss.

treasurehunt

1,514 posts

Posted by treasurehunt > 20 hours ago | Report Abuse

It's a norm in Bursa. Look at the recent examples of plantation companies and refineries. Hot money in and out at the fast and furious way. As long as it doesn't perform like Cypark then OK already.

VFTRADER

749 posts

Posted by VFTRADER > 19 hours ago | Report Abuse

Seems like operator mission almost completed??

Ha! Ha! Blue Sky coming.....

hoot9e996

1,455 posts

Posted by hoot9e996 > 19 hours ago | Report Abuse

what happened? oil price didnt crash that bad still above 100. why drop like this so fast?

Posted by Raymond Tiruchelvam > 19 hours ago | Report Abuse

div exdate price just few days back at 1.07 and after 3c div....... its down to 90c.... truly unexplainable, as crude stayed about the same... is there something about the repsol acquisition that we are not aware off?

treasurehunt

1,514 posts

Posted by treasurehunt > 19 hours ago | Report Abuse

Similar question asked by the shareholders in Petronm and Hy lor...Why share prices crash while cracked spread remains at high level?

derrtan

1,745 posts

Posted by derrtan > 18 hours ago | Report Abuse

either is foreign fund exit malaysia as interest rate hike or probably some fund manager hit the margin call..BUT mark my word.. next week strong rebound..as their own director bought a lot on 22 and 23th..they remain confidence on this counter!!

paktua73

14,654 posts

Posted by paktua73 > 18 hours ago | Report Abuse

today paktua manage grab some at rm0.905
and will use all fund at rm0.88
if down paktua will hold..



tut tut
bunga raya paktua pernah hold abit long..
and hold when price down till rm0.40
now not scared..

treasurehunt

1,514 posts

Posted by treasurehunt > 17 hours ago | Report Abuse

It depends shareholders structure of the company also. If many retailers bought their shares with margin then they would be very worried of FED hiking interest rates and trimming their position to reduce the exposure then trigger downward spiral effect.

rattynz

49 posts

Posted by rattynz > 17 hours ago | Report Abuse

Datuk Micheal back in with 20 million shares... Another whole of the business..Lapping up what all you panic trades and short sellers don't want from what the fear mongerers have been sowing..maybe FY Q4 is exceptional...

rattynz

49 posts

Posted by rattynz > 17 hours ago | Report Abuse

Whole percent.. I meant ;)

Understand

377 posts

Posted by Understand > 16 hours ago | Report Abuse

Rm0.50 cent is coming.

birdparadise

1,246 posts

Posted by birdparadise > 16 hours ago | Report Abuse

Hahahaha walao eh ada discount pun tak nak beli, enjoying my nice good food n drink hahahaha lagi lagu Frank Sinatra my way, wakaka.

nazrzach

65 posts

Posted by nazrzach > 15 hours ago | Report Abuse

From today onwards till next week, crude oil prices will rise again amid;
1. US crude oil inventory will need replenish and running low around 1.8mil bbl.
2. An emergency meeting on Thursday (today EST) between major US oil refiners e.g. Shell, ExxonMobil, Chevron CEOs and Energy Secretary Jennifer Granholm also failed to produce concrete solutions to reduce oil prices, but the two sides agreed to work together.
Granholm conceded that high crude oil prices was caused by US Government decision to clean energy transition and;
Biden admitted the effect of Ukraine - Russia conflict adding further to higher crude oil prices.
FYI.
Ps crude oil price should already rise by now.

nazrzach

65 posts

Posted by nazrzach > 15 hours ago | Report Abuse

Breaking News
Argentina President requests to become a member of BRICS for his country.

Yeayyy
The more the merrier!!

Knm_bottomed

1,073 posts

Posted by Knm_bottomed > 14 hours ago | Report Abuse

Futures up, oil down. 50sen coming

birdparadise

1,246 posts

Posted by birdparadise > 13 hours ago | Report Abuse

Hahahaha walao eh ada wang tak mau meh, Wakaka.

Understand

377 posts

Posted by Understand > 12 hours ago | Report Abuse

Rm0.50 sen is coming

nazrzach

65 posts

Posted by nazrzach > 11 hours ago | Report Abuse

U.S. oil rose by more than $3 a barrel on Friday supported by tight supply.
Low crude oil inventory week.

CYPARK is now at 45sen.

linheng

1,209 posts

Posted by linheng > 7 hours ago | Report Abuse

today paktua manage grab some at rm0.905
and will use all fund at rm0.88
if down paktua will hold..
HAHA. SAME HERE. PUT IN 40% OF FUNDS AT 90.5 CENTS. WILL BE ALL IN IF DROP TO 88 CENTS. LONG UKRAINE WAR. NO WAY OIL IS DROPING BELOW USD$100 THIS YEAR.

linheng

1,209 posts

Posted by linheng > 7 hours ago | Report Abuse

EPS is 15.32 cents for latest quarter. NTA is 93 cents. This does not take into consideration the coming Repsol oil

linheng

1,209 posts

Posted by linheng > 7 hours ago | Report Abuse

Probably the sell down exuberated by the negative good will that is accounted for. Remember that the expenses went up 5X. There is considerable cost involve in this acquisition because it involves 2 countries . Its a producing asset. Contribution from this asset would be substantial. Oil price is USD. Ringgit down would be another PLUS

Posted by bullmarket1628 > 5 hours ago | Report Abuse

Walaoeh, oil price spike up Like mad!
Brent closed at=> $113.12 +3.07 +2.79%

Like that next Monday Hibiscs going to limit up already liao lah !
Heng ah, Ong ah, Huat ah !

williamtkb

3,156 posts

Posted by williamtkb > 4 hours ago | Report Abuse

Wao... Back to above rm1???

BobAxelrod

1,970 posts

Posted by BobAxelrod > 4 hours ago | Report Abuse

Looks like rr888 might be in trouble shorting and calling for 55c...hehehehe

birdparadise

1,246 posts

Posted by birdparadise > 3 hours ago | Report Abuse

Hahahaha walao eh,bro minyak naik,down Jones naik hahaha akan datang lagi hebat loh, Wakaka.
Walao eh cantik nanti mau pergi motor show hahaha tengok mana kereta cantik punya, Wakaka.

VTrade

1,427 posts

Posted by VTrade > 2 hours ago | Report Abuse

Ape strategy yang boleh pakai pada zaman ini ?

rattynz

49 posts

Posted by rattynz > 2 hours ago | Report Abuse

https://oilprice.com/Energy/Energy-General/Oil-Prices-Bounce-As-EIA-Fa...

Interesting thing for me is that Gas prices in Asia have been under upward pressure as Europe scrambles to replace russian supply. 30% of Hibiscus assets production now gas..

VTrade

1,427 posts

Posted by VTrade > 1 hour ago | Report Abuse

Good info ratttynz

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