Posted by birkincollector > 2020-11-27 20:56 | Report Abuse

not bad back to black

Posted by kokchengkai > 2020-11-28 08:47 | Report Abuse

Qr page 18,19 mst read...

Posted by VenFx > 2020-11-28 09:20 | Report Abuse

Brent oil 有效支撑点$47.60保守的很好
"Oil Rally A 'Head-Scratcher' as Price Charges to Fourth Week of Gains"

https://www.investing.com/news/commodities-news/oil-rally-a-headscratcher-as-price-charges-to-fourth-week-of-gains-2357515

LETS PRAY FOR OPEC+ good news next week..

Posted by Tang Khangseng > 2020-11-28 10:07 | Report Abuse

@kokchengkai: Would you mind to share what you understand fr the QR? :-)

Posted by Kimly2 > 2020-11-28 14:57 | Report Abuse

VenFx, recover from kstar lost?
so fast move to O&G now?


Posted by VenFx > Nov 28, 2020 9:28 AM | Report Abuse

Overniye Brent closed at $48.28
CANTEKKKKKKKK

Posted by izoklse > 2020-11-29 09:19 | Report Abuse

Higher oil prices bring Hibiscus back into the black in 1Q

https://www.theedgemarkets.com/article/higher-oil-prices-bring-hibiscus-back-black-1q

KUALA LUMPUR (Nov 27): Hibiscus Petroleum Bhd was back into the black in its first quarter ended Sept 30, 2020 (1QFY21) with a net profit of RM10.03 million, from a net loss of RM145.2 million in the preceding quarter.

The oil and gas (O&G) gas group attributed its return to profitability to higher oil prices and greater output from its North Sabah, Anasuria Hibiscus and 3D Oil, VIC/L31 and VIC/P57 assets.

Revenue jumped 268.38% to RM145.49 million, from RM39.5 million in 4QFY20, according to the group’s filing with Bursa Malaysia.

On a year-on-year basis, the net profit was down 38.18% from RM16.23 million in 1QFY20, while revenue fell 8.67% from the RM159.3 million.

Hibiscus did not declare a dividend for this quarter, as in the case of 1QFY20.
Hibiscus said it sold 842,790 barrels of crude oil in 1QFY21.

“The group has seen oil prices at various price levels, on some occasions lower and other times, higher than at the current time, but the group has managed to remain profitable throughout these fluctuations.

“This is primarily because our average unit production costs for both the Anasuria and North Sabah assets have been below the average realised oil price at the relevant times,” the group said.

This, it added, showed that the careful management of costs to maintain low operational expenditure and the successful execution of production enhancement projects are key towards achieving low unit production costs and the delivery of a continued healthy earnings

Hibiscus reiterated it has activated various plans to mitigate the effects of low oil prices over the 2020 period.

“These efforts have continued via the deferral of non-critical opex activities and prudent management of general and administrative expenses.

“The North Sabah asset team successfully completed the St Joseph Minor and Major Sands Redevelopment project in the current quarter, resulting in an instantaneous incremental 2,200 barrels per day of crude oil production and an addition of approximately four million stock tank barrels of incremental life of field gross reserves.

“The four new infill wells led to daily gross production capacity in North Sabah exceeding 20,000 barrels per day in September 2020,” it added.
Shares in Hibiscus closed 1.67% or sen lower at 61 sen apiece, giving it a market capitalisation of RM968.82 million. The counter saw 26.58 million shared traded.

Posted by izoklse > 2020-11-29 09:55 | Report Abuse

Good Job Hibiscus.

Posted by Shayidbai > 2020-11-29 10:07 | Report Abuse

Tomorrow hibiscus wa fly gogogogog

Posted by hendrycheah > 2020-11-29 13:12 | Report Abuse

This is just one of a few upcoming good news i.e. vaccine approved by FDA, acquiring of new assets and possible oil price up (due to approval of vaccn). Road to 80c

Posted by homhom > 2020-11-29 13:15 | Report Abuse

https://www.theedgemarkets.com/article/iraq-oil-minister-says-will-not-seek-exemption-opec-deal-%E2%80%94-state-paper

The minister, Ihsan Abdul Jabbar (pictured), said the commitment of members to the deal would help boost oil prices and Iraq was not seeking exemption, “fearing from new retreat in oil prices”, the newspaper reported

Posted by KAQ4468 > 2020-11-29 13:25 | Report Abuse

aiyaaaaa

Posted by KAQ4468 > 2020-11-29 13:28 | Report Abuse

gua tido mehhh ??

tido sambil kira profit lorrr ... kah kah kah kayaaaaa

my ticket only 28 cents ....now 61 cents


28 cents to 61 cents ..... it's hijau lorrrrrr










Posted by micsoh > Nov 27, 2020 12:01 PM | Report Abuse

This share mostly is merah lah, where got hijau lebih Dari merah, u still tidur lah.

Posted by jibrilsayang1 > 2020-11-29 21:02 | Report Abuse

Betul la u cakap.Merah lagi.Naik 0.6xx baru wa hijau hahaha

Posted by KAQ4468 > 2020-11-29 21:04 | Report Abuse

Don't worry

With bunga raya.. Everyone will hijau

Posted by KAQ4468 > 2020-11-29 21:06 | Report Abuse

Hope no more RM 2.60 punya ticket holder still playing around

Kikikiki

Dulu dulu gua main ini bunga raya.. RM1. 20 tembak pergi RM2. 60

Posted by DickyMe > 2020-11-29 21:16 | Report Abuse

Wa dulu selalu cakap, bunga raya akan layu. Dah tenggelam sampai 25.sen

Wa pun rembat tiket..Dia naik sampai 7 kupang..hah! apa lagi..amik untung.

Tunggu punya tunggu tak boleh turun 40 sen,

Leka sikit dah sampai 50 sen..apa lagi REMBAT tiket lagi rege 52 sen....

Tunggu 80 sen.

Posted by hendrycheah > 2020-11-30 10:25 | Report Abuse

Dicky untung banyak lah

Posted by air01557 > 2020-11-30 11:12 | Report Abuse

Immediate TP is 0.65 n TP2 is 0.71 All O&G counters are on recovery mode now.

Posted by KAQ4468 > 2020-11-30 13:27 | Report Abuse

Aiyoooo Ah Dick

Lu rembat diam diam haaaaaa.. Tarak kasi tau kawan kawan pun..

Hahaha.. Rembat depan or rembat belakang?

Posted by micsoh > 2020-11-30 16:39 | Report Abuse

Merah lagi.

Posted by Superb99 > 2020-11-30 18:53 | Report Abuse

Ya, ngeri, I tengok 3 counters...carimin, deleum and hibiscs...choosed this hibiscs....gg..lol

Posted by KAQ4468 > 2020-11-30 23:06 | Report Abuse

Cantekkkkkk bro

Posted by KAQ4468 > 2020-11-30 23:06 | Report Abuse

Peewiittttt

Posted by calvin5025 > 2020-12-01 08:51 | Report Abuse

sell and sell

Posted by Superb99 > 2020-12-01 10:36 | Report Abuse

Ya lo, klci up nearly 40 pts but this counter like flat only...sienz

Posted by crawler > 2020-12-01 10:50 | Report Abuse

yesterday KLCI also drop 40 pts, so this counter drop also? please la do your homework

Posted by micsoh > 2020-12-01 11:08 | Report Abuse

Dayang back to rm1.20 already, but this share just sleeping only, wth.

Posted by twynstar > 2020-12-01 16:09 | Report Abuse

Conversion of Islamic Convertible Redeemable Preference Shares to Ordinary Shares on 02/12/2020,
No. of shares issued 24,149,966
Issue Price Malaysian Ringgit (MYR) 0.480


Look like some CRPS investors started profit taking already.

Posted by crawler > 2020-12-01 16:15 | Report Abuse

logistics and energy is next. just watch.

Posted by crawler > 2020-12-01 16:16 | Report Abuse

as the vaccine is coming out, logistics will be put to hardwork and this will move the value chain

Posted by kokchengkai > 2020-12-01 17:27 | Report Abuse

CRPS investor have rules..how many years u cant cash out ur money
i think the term n condition tht part got mention abt it ..

Posted by Superb99 > 2020-12-01 17:47 | Report Abuse

Crawler, yesterday klci dropped, it dropped 1 cent, klci up today so it up too so I think you are the one who did not do homework, checked the price movement before you tembak people

Posted by twynstar > 2020-12-01 22:28 | Report Abuse

These are copy paste from 27 pages of “announcement” documents from Hibiscus website regarding CRPS:

the CRPS holders are provided with an option to convert all or part of their CRPS into new Hibiscus Shares at any time during the Conversion Period. --page 17

Posted by KAQ4468 > 2020-12-01 22:33 | Report Abuse

Bunga raya bunga Malaysia
Siapa beli pasti kaya

Posted by KAQ4468 > 2020-12-01 22:33 | Report Abuse

Peewiittttt

Posted by KAQ4468 > 2020-12-01 22:34 | Report Abuse

Layan layan

RM1.20 so easy

Posted by Winner128 > 2020-12-01 22:44 | Report Abuse

Slow... Slow move don't suddenly move up

Posted by Newbn00b > 2020-12-02 07:33 | Report Abuse

Fall back to 0.6 today? Time to collect more ticket?

Posted by Jjkcl > 2020-12-02 07:40 | Report Abuse

Slow up is the best

Posted by EviltigerXD > 2020-12-02 08:28 | Report Abuse

Wait america people get the vaccine ba, api report annouce then fall

Posted by hendrycheah > 2020-12-02 10:09 | Report Abuse

wait until OPEC+ have consensus on production cut, should Russia and MBS not happy with each other and declare price war again, we collect more or if they agreed cut production further, the price will rise. Either way we are winner..

Posted by micsoh > 2020-12-02 10:39 | Report Abuse

Now dump 14m share already, very crazy.

Posted by Newbn00b > 2020-12-02 11:43 | Report Abuse

Those directors dump the share to collect more cash to subscribe CRPS?

Posted by micsoh > 2020-12-02 12:37 | Report Abuse

It can be, but I think mostly is from those convert crps.

Posted by Looiks > 2020-12-02 15:40 | Report Abuse

hehehe...

Posted by AllYouCanBuy > 2020-12-02 15:40 | Report Abuse

https://www.livemint.com/science/health/uk-clears-pfizer-s-covid-vaccine-first-in-the-world-11606893200071.html Good news!!

Posted by Looiks > 2020-12-02 15:54 | Report Abuse

hehehe....good time to collect

Posted by DickyMe > 2020-12-02 20:49 | Report Abuse

Time to dispose...badi Sumatec sudah sampai.

Posted by DickyMe > 2020-12-02 20:56 | Report Abuse

Undur jap...kira dulu.

Posted by KAQ4468 > 2020-12-02 21:48 | Report Abuse

aiyaaaaa... Ah Dick