HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.26

Today's Change

-0.04 (1.74%)

Day's Change

2.26 - 2.30

Trading Volume

499,400


68 people like this.

105,014 comment(s). Last comment by xytee3006 1 hour ago

Newbn00b

315 posts

Posted by Newbn00b > 2020-12-30 22:18 | Report Abuse

I wonder when will be the end of 0.48 CRPS announcement? Each time the related announcement is posted in bursa news, it remind me we are getting f^cked up by the management.

linheng

1,365 posts

Posted by linheng > 2020-12-31 02:53 | Report Abuse

Posted by Newbn00b > Dec 30, 2020 10:18 PM | Report Abuse
I wonder when will be the end of 0.48 CRPS announcement? Each time the related announcement is posted in bursa news, it remind me we are getting f^cked up by the management.
I collected quite abit at 48 and 48.5 cents. Sold to them at 49 and 49.5 cents. Must say that the buying is very strong.
On the other hand, the initial calculation that prompt my buying of this counter is all screwed up because of the 200 million CPRS at 48 cents. Anyway still holding a lot but making peanuts only.
Imagine no CPRS ie less 200m shares hanging over this counter

MichelleNg

1,031 posts

Posted by MichelleNg > 2020-12-31 06:27 | Report Abuse

Will today close 65cents?

apple168

6,236 posts

Posted by apple168 > 2020-12-31 07:59 |

Post removed.Why?

Newbn00b

315 posts

Posted by Newbn00b > 2020-12-31 08:24 | Report Abuse

Let's hope it breaks 0.6 but can close unchanged 0.59 consider good dy. Closing red today is possible as the headwind is not yet over.

skytaxi

36 posts

Posted by skytaxi > 2020-12-31 08:47 | Report Abuse

Dont forget to collect the non logical price of warrant too.. Buy this day sell on feb 2021 before expired date on march.. Target 0.3 if brent crude oil reach 65 dollar..

apple168

6,236 posts

Posted by apple168 > 2020-12-31 10:12 | Report Abuse

Hibiscus H9e! Huat ah!

Zuliana

5,395 posts

Posted by Zuliana > 2020-12-31 10:39 | Report Abuse

Covid-19: Singapura lapor 2 kes jangkitan awal strain B117

Bernama
Diterbitkan 11 jam lepas

Singapura hari ini melaporkan dua kes jangkitan awal yang positif bagi strain B117, satu varian COVID-19 yang berpotensi lebih menular dan kini merebak di United Kingdom (UK), demikian menurut Kementerian Kesihatan republik (MOH) itu.

micsoh

1,174 posts

Posted by micsoh > 2020-12-31 11:34 | Report Abuse

60sen also cannot hold, rm3 can only in your dream.

skytaxi

36 posts

Posted by skytaxi > 2020-12-31 14:31 | Report Abuse

Dont too much have high expectation.. Rm3 is long journey n hard.. Slowly but keep steady,.. 0.7 / 0.8/ 0.9/ 1.0..the price can go up suddenly when everyone can go anywhere, anytime freely.. Trust the process, dont too much gamble without know the posibility and technical issues.. Ohk.. Happy New Year

Newbn00b

315 posts

Posted by Newbn00b > 2020-12-31 14:53 | Report Abuse

It looks like can't even hold 0.59.

skytaxi

36 posts

Posted by skytaxi > 2020-12-31 15:12 | Report Abuse

Y uall keep talk about hold on some price.. Hhahaha.. As long as it keep close higher or close same or close lower 0.5/1sen but percent buy higher, it will be ohk bro.. No patience, u will die bro.. If u stress on holding some price, just sell bro.. Find other counter that u confirm can hold on price u want... N u should remember, today is last day of trade in 2020., usually no short term n instant gain from good counter without news.. Close the apps n install next week n see what will happen.. Alot good counter will go up with new spirit...tips

Newbn00b

315 posts

Posted by Newbn00b > 2020-12-31 15:27 | Report Abuse

Like mic said, give up others counters which have gone up and up. Stuck at this counter for last 6 months. It is really a challenge especially when you see others reaping good profits while this so call good management brings everyone to Holland. This CRPS hope it will bring in some things and not con projects

Posted by Steady Punpipi > 2021-01-02 15:50 | Report Abuse

Sold all.and move to Jaks .

Snowthief

211 posts

Posted by Snowthief > 2021-01-02 19:25 | Report Abuse

Likewise, It's a wise choice. fck up management.

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-01-02 19:54 | Report Abuse

Sell your Hibiscus if you can't wait.
You can regret later...
Oil only falling behind 20% compare to pre covid.
Anytime will rocket

Newbn00b

315 posts

Posted by Newbn00b > 2021-01-03 18:51 | Report Abuse

Very hard to rocket until CRPS is settled down. Need to be patient.

Posted by Titan Trading Channel > 2021-01-03 21:24 |

Post removed.Why?

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-01-03 23:49 | Report Abuse

Oil is in demand now.

DickyMe

14,681 posts

Posted by DickyMe > 2021-01-04 00:03 | Report Abuse

Really?? In demand?

LOL..don't be a fool!

Update yourself with advances in alternative energy sources.

Automobiles are shifting to alternative fuel which is not OIL.

These oil guzzlers are lost demand.

B4b4

7,583 posts

Posted by B4b4 > 2021-01-04 06:22 | Report Abuse

Oil is used everywhere, not only in cars. Even your plastics uses oil.

micsoh

1,174 posts

Posted by micsoh > 2021-01-04 09:53 | Report Abuse

First day in new year bursa open in red, not a good sign.

DickyMe

14,681 posts

Posted by DickyMe > 2021-01-04 09:55 | Report Abuse

Plastic usage is being phased out.
Now GREEN is the word!

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-01-04 12:24 | Report Abuse

Expecting oil and gas to rise anytime

newbie9893

2,173 posts

Posted by newbie9893 > 2021-01-04 15:16 | Report Abuse

Oil price breaking out. O&G sector is the next theme to play after steel counters. Upload kaw kaw now & to be rewarded soon.

micsoh

1,174 posts

Posted by micsoh > 2021-01-04 15:16 | Report Abuse

Every body be patient, don't throw to this fucker hand, just let it fuck himself.

Newbn00b

315 posts

Posted by Newbn00b > 2021-01-04 15:22 | Report Abuse

So slow. It will take oil price 100 usd to climb back RM1

apple168

6,236 posts

Posted by apple168 > 2021-01-04 15:52 | Report Abuse

https://oilprice.com/
Oil price up up up...
we are bullish on oil...
H9E...

Posted by Miz Raya Bloom > 2021-01-04 15:55 | Report Abuse

ok le tapi bole naik 1 rengget?

apple168

6,236 posts

Posted by apple168 > 2021-01-04 16:30 |

Post removed.Why?

Posted by SeliparJepon > 2021-01-04 18:55 | Report Abuse

1.20 shj

Newbn00b

315 posts

Posted by Newbn00b > 2021-01-04 22:13 | Report Abuse

Tomorrow fall back 0.58. DING Dong ding dong. As oil price loosing steam again.

Snowthief

211 posts

Posted by Snowthief > 2021-01-04 23:30 | Report Abuse

I would prefer to rise during our trading period and fall down during US trading time. Gradually rise back to 60 sooner.

Newbn00b

315 posts

Posted by Newbn00b > 2021-01-05 16:02 | Report Abuse

0.57 dy. I will h9e if it ever drop below 0.55

profitgrow

773 posts

Posted by profitgrow > 2021-01-05 16:04 | Report Abuse

why the price drop so much?

DickyMe

14,681 posts

Posted by DickyMe > 2021-01-05 19:44 | Report Abuse

Bcos, the future of fossile fuel is bleak

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-01-05 23:45 | Report Abuse

Oil price superrttt high!!!!

kl_guy

1,489 posts

Posted by kl_guy > 2021-01-06 00:01 | Report Abuse

hibiscus break even when wti hit usd50. time to go long on this baby

linheng

1,365 posts

Posted by linheng > 2021-01-06 07:27 | Report Abuse

The 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 5 January 2021.
The Meeting, which reconvened following an initial round of discussions on 4 January, reaffirmed the continued commitment of the participating countries in the Declaration of Cooperation (DoC) to a stable market in the mutual interest of producing nations; the efficient, economic and secure supply to consumers; and a fair return on invested capital.

In addition, the Meeting recalled the decision taken by all DoC participating countries at the 10th (Extraordinary) ONOMM on 12 April 2020 to adjust downwards overall crude oil production, the unanimous decisions taken at the 11th ONOMM on 6 June 2020, and the outcomes of the 12th ONOMM on 3 December 2020.

The Meeting highlighted the unprecedented events of 2020 and shocking impact of the COVID-19 pandemic on the world economy and markets, and commended the DoC participating countries for undertaking the largest and longest crude oil production adjustments in history in response to the exceptional challenges and market conditions caused by the pandemic.

It pointed out that rising infections, the return of stricter lockdown measures and growing uncertainties have resulted in a more fragile economic recovery that is expected to carry over into 2021. The Meeting recognized that market sentiment has been buoyed recently by vaccine programmes and improved asset markets, but underscored the need for caution due to prevailing weak demand and poor refining margins, the high stock overhang and other underlying uncertainties.

The Meeting acknowledged the need to gradually return 2 mb/d to the market, with the pace being determined according to market conditions. It reconfirmed the decision made at the 12th ONOMM to increase production by 0.5 mb/d starting in January 2021, and adjusting the production reduction from 7.7 mb/d to 7.2 mb/d.

The adjustments to the production level for February and March 2021 will be implemented as per the distribution detailed in the attached table. Production adjustments for April and subsequent months will be decided during the monthly ONOMM following the criteria agreed upon in the 12th ONOMM.

linheng

1,365 posts

Posted by linheng > 2021-01-06 07:28 | Report Abuse

No further increase in production other than that agreed previously

skytaxi

36 posts

Posted by skytaxi > 2021-01-06 07:35 | Report Abuse

Even brude oil reach 53 dollar, hibiscus not will fly drastically today, need a time to repair the chart coz of yesterday .. Mybe start 4pm chart will ok.. N tomorrow gap up..

skytaxi

36 posts

Posted by skytaxi > 2021-01-06 07:37 | Report Abuse

If brude oil reach 55 dollar today.. For short term strategy..

skytaxi

36 posts

Posted by skytaxi > 2021-01-06 07:39 | Report Abuse

Instead, sharks have interest to oil counter.. Everything will change...

Posted by Miz Raya Bloom > 2021-01-06 08:25 | Report Abuse

ya ler, selalu minyak naik, hibiscus tetap pi mai pi mai tang tu, sedih

apple168

6,236 posts

Posted by apple168 > 2021-01-06 08:30 | Report Abuse

BREAKING NEWS:
Brent Oil Price 53.60 +1.64 (+4.19%)

Oil is Bullish as per our expectations!
Cheers, hibiscus shareholders!
Hold tight and ride the rocket up!

pea3034

296 posts

Posted by pea3034 > 2021-01-06 08:44 | Report Abuse

pasti hari ini bunga raya tak akan bergerak ....jgn soik sendiri

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-06 08:52 | Report Abuse

O&G lag because boundaries not yet opened. Covid-19 cases are still rising. That's why even brent oil is up, only small movement is observed. But if any oil price is down, O&G will be more reactive, mainly due to FEAR and UNCERTAINTY.

O&G will have a big time end 2021.

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