Posted by James_Bond > 3 days ago | Report Abuse

Brent oil USD 87.88 now, gonna break USD 88 very soon! Haha!

Posted by James_Bond > 3 days ago | Report Abuse

Brent oil USD 87.90 now, gonna break USD 88 very soon! Haha!

Posted by James_Bond > 3 days ago | Report Abuse

Yes, Brent oil USD 88.17now! Haha!

Posted by James_Bond > 3 days ago | Report Abuse

Brent oil all the way to USD 90 soon, then USD 100 and beyond!

Posted by James_Bond > 3 days ago | Report Abuse

Buying hibiscus is going big or going home! We all know how Benjamin Netanyahu behaving all these while…

Posted by kahhoeng > 3 days ago | Report Abuse

Truth, Hibiscus doesn't need brent to go above USD 90. Most of Hibiscus oil is Tapis, and Tapis is 7-10 above brent's. Hibiscus has shown to make 100 million a quarter with realized oil price of 90. At current oil price, Hibiscus should be able to make 450 million annually easily, unless for writing off some investments. Hibiscus needs to lower the investment to improve dividend payout. Current payout ratio is simply too low and investment too aggressive for some investors to invest in Hibiscus.

Posted by James_Bond > 3 days ago | Report Abuse

Marvelous! Brent oil USD 88.51! Haha! Very soon will go beyond USD 90! Tell you what, we expect more energy consumption with the mushrooming of data centers in keeping with the AI megatrend! Why? You need to keep the data center cooler to ensure optimal performance. Cheers!

Posted by James_Bond > 3 days ago | Report Abuse

Oxy petroleum that Warren Buffet is holding now with PE of 17+, hibiscus with ROE >10 but PE only less then 5!

Posted by Six6thsense > 3 days ago | Report Abuse

No worry. Just pattern more than badminton.

Posted by James_Bond > 3 days ago | Report Abuse

Hv you been and stay in data center? Tell you what, it is very cooling inside due to functioning air conditioners, otherwise, it will be very hot that no one want to go inside!

Posted by James_Bond > 3 days ago | Report Abuse

That’s why data centers need lots of energy consumption. Smart investors, you should know how high the Brent oil will go in the future in addition to the unsettled Middle East and Ukraine Russia conflicts, of course, the ever-rising global temperatures!

Posted by James_Bond > 3 days ago | Report Abuse

Data center is useless without energy! Brent oil is one of the main keys to power the data center!

Posted by James_Bond > 3 days ago | Report Abuse

Why nvdia choosing YTL Power to set up data centers? Because these data centers need constant supply of electricity!

Posted by James_Bond > 3 days ago | Report Abuse

Electricity coming from where? Mainly from Brent oil or natural gas, small amount from solar energy!

Posted by James_Bond > 3 days ago | Report Abuse

Try to stop Brent oil and natural gas supply and see what will happen? All constructions for data centers could not proceed and existing data centers also can’t function due to lack of electricity!

Posted by James_Bond > 3 days ago | Report Abuse

US crude oil stockpiles are declining meaning that current supply of crude oil is very tight and not enough!

Posted by James_Bond > 3 days ago | Report Abuse

Holding hibiscus share with PE 4+, ROE 15-20% (growing higher with more expensive crude oil price) company is the safest!

Posted by James_Bond > 3 days ago | Report Abuse

Not to forget hibiscus NTA 3.56!

Posted by James_Bond > 3 days ago | Report Abuse

Many investors chasing high for AI or data center related company… actually the best of all is holding crude oil company, without which, data centers could not run and are useless. That’s why Warren Buffet bought Occidental Petroleum shares!

Posted by James_Bond > 3 days ago | Report Abuse

Warren Buffet would not increase his stake on occidental petroleum if he could not see high crude oil price translating to massive profits to the company and hence higher share price!

Posted by James_Bond > 3 days ago | Report Abuse

When foreign funds flooding to KLSE, you will not be able to grab hibiscus below 3 anymore…

Posted by James_Bond > 3 days ago | Report Abuse

Assuming hibiscus able to sustain EPS 12+ per quarter, and calculated forward PE of 17 (same as occidental petroleum), hibiscus should be pricing at 8.5, not 2.75.

Posted by Six6thsense > 3 days ago | Report Abuse

Will respond within couple of weeks time

Posted by DonAzoff > 2 days ago |

Post removed.Why?

Posted by James_Bond > 2 days ago | Report Abuse

Time has changed, bro Azoff! We change the company outlook from time to time if conditions improve!

Posted by James_Bond > 2 days ago | Report Abuse

Thanks for following me Bro Azoff. You should know my winning rate in KLSE…

Posted by James_Bond > 2 days ago | Report Abuse

Please be polite and use appropriate words, Bro Azoff.

Posted by kahhoeng > 2 days ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3440776

Positive outcome

Posted by gavisconx > 2 days ago | Report Abuse

It seems legit, but if u got scammed there is always recovery option available. https://yourscamreport.com/free-consultation/

Posted by James_Bond > 2 days ago | Report Abuse

Looks like Bro Azoff hv sold off hibiscus and yet to buy back, now unhappy that I bought up and making hibiscus shares more expensive than his selling price… Bro Azoff, don’t worry, I gonna dispose all my hibiscus tomorrow… good luck…

Posted by wattsy > 2 days ago | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=146573&name=EA_GA_ATTACHMENTS

Posted by wattsy > 2 days ago | Report Abuse

Great news - goes into production next month. Watch Hibby take off ;)

Posted by James_Bond > 2 days ago | Report Abuse

Didn’t expect this news coming, Wattsy… Marvelous! hibiscus will fly higher… congrats my fellow comrades!

Posted by Six6thsense > 2 days ago | Report Abuse

How many additional barrel boss? Be more specific

Posted by Six6thsense > 2 days ago | Report Abuse

Boring Low volume

Posted by kahhoeng > 1 day ago | Report Abuse

fainted, oil up, positive news, share price down?

Posted by Ravetidus > 1 day ago | Report Abuse

Actually oil price went down

Posted by Sangranghaeyo > 1 day ago | Report Abuse

Global oil demand will pick up strongly in May & June 😉

https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Global-Oil-Demand-Will-Pick-Up-Strongly-In-May-And-June.html

Posted by James_Bond > 1 day ago | Report Abuse

Darned, not able to dispose all my hibiscus shares yet…

Posted by kahhoeng > 1 day ago | Report Abuse

Err... not to Tradingeconomics, brent was slightly below 88 at 5:00 pm yesterday Malaysia time, and above 88 at 5pm today

Posted by kahhoeng > 1 day ago | Report Abuse

https://www.aip.com.au/pricing/international-prices/international-market-watch

And according to above, Tapis trades above 94 most of the time in April and Brent mostly above 88

Posted by Six6thsense > 1 day ago | Report Abuse

70 or 80 or 90 or 100 Whatever. There is only 1 direction which is UP.

Posted by Six6thsense > 1 day ago | Report Abuse

The question is when.

Posted by NinjaInPyjamas > 1 day ago | Report Abuse

It wil probably move when you least expected. Again, its useless to focus on OIL PRICE. You rather buy futures if want to earn from oil price movement. E & P companies are valued on production PROMISES & barrels SOLD, cashflow, dividend payback and sometimes share buybacks.

Posted by kahhoeng > 23 hours ago | Report Abuse

Useless? So, Hibiscus is not selling oil but water?

Posted by EliteYY69 > 20 hours ago | Report Abuse

Hibiscus just need some time for rest. Chill guys, we not come here to flame each other.

Posted by James_Bond > 18 hours ago | Report Abuse

Exactly, well said Elite!

Posted by James_Bond > 18 hours ago | Report Abuse

We go for capital appreciation! Peace~

Posted by James_Bond > 18 hours ago | Report Abuse

Still hv another 680,000 shares of hibiscus yet to sell off…

Posted by NinjaInPyjamas > 3 hours ago | Report Abuse

Hayo, i emphasize useless is that because u cannot predict oil price this year or next year. Did u predict 2020 pirce? No right. But they delivered on 2020 production figures which they plan to do. Can they produce 35,000 boe/day in 2025/26 as they plan to do? I think highly likely and share price also highly likely to follow proportionally.