Posted by jessymna > 2021-02-22 14:46 | Report Abuse

Must do the opposite of what apple168 preach lol

Posted by apple168 > 2021-02-22 15:27 | Report Abuse

Jessymna输了钱，到处乱吠，像疯子一样，悲哀！建议你把钱放入定期好了，股市不适合你！

Posted by wickedlion > 2021-02-22 15:40 | Report Abuse

apa ni bunga raya layuuuuu

Posted by SuperPanda > 2021-02-22 15:50 | Report Abuse

bad luck bcoz always mock people here in i3 and still hve much to learn
______________
jessymna Must do the opposite of what apple168 preach lol
22/02/2021 2:46 PM

Posted by Miz Raya Bloom > 2021-02-22 16:44 | Report Abuse

cakap la apa pun, tp ku tetap 3 rengget!

Posted by bullbullbully > 2021-02-22 16:48 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/100-Oil-Big-Banks-Believe-A-New-Oil-Supercycle-Is-Beginning.html

Posted by yukchian > 2021-02-22 17:38 | Report Abuse

distribute dividend 0;5

Posted by New994 > 2021-02-22 17:40 | Report Abuse

QoQ improve, more is coming!!!

Posted by kokchengkai > 2021-02-22 17:43 | Report Abuse

Wah really surprise , first time giv div

Posted by SuperPanda > 2021-02-22 17:43 | Report Abuse

profit 12m only, as i said barely get 20m... dont mess with the best, y’ll die like the rest
_____________

SuperPanda you need to calculate the qty of barrel produced and the prod cost of each barrel and the average selling price

coming qtr barely get 20m profit, which is not impressive
18/02/2021 11:40 PM

Posted by apple168 > 2021-02-22 18:24 | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/02/22/oil-prices-rise-as-output-in-storm-hit-us-begins-slow-return

Posted by frankco > 2021-02-22 18:30 | Report Abuse

very commendable result... if oil price stay around 55-65-- earning will be fantastics. They manage keep the OPEX from 13- 23 per barrel oil in offshore play is commendable.

Posted by apple168 > 2021-02-22 19:03 | Report Abuse

Hibiscus QR out! Declared dividends of 0.5 cents per share for the first time! This indicates the top management of hibiscus is very optimistic on hibiscus profits growth in year 2021!

Posted by izoklse > 2021-02-22 19:04 | Report Abuse

wow bagi dividend.

Posted by izoklse > 2021-02-22 19:05 | Report Abuse

Thank you bunga raya. You are so beautiful. muah.

Posted by AllYouCanBuy > 2021-02-22 19:11 | Report Abuse

@apple168 This I have to agree with you :)

Posted by lloydlim > 2021-02-22 19:15 | Report Abuse

Unbelievable hibiscus declare dividend pula.

Posted by kokchengkai > 2021-02-22 19:30 | Report Abuse

Three crude oil offtakes were conducted in the North Sabah asset in the Current Quarter with a total
of 870,874 bbls of oil, net to SEA Hibiscus, sold at an average oil price of USD39.91 per bbl. Under our
fixed-price agreement with Trafigura, two offtakes totalling 500,000 bbls of oil were sold in the Current
Quarter at an average price of USD35.00 per bbl. As a recap, to mitigate crude oil price volatility and
ensure positive cashflow generation, we agreed in April 2020 to lock in sales of 750,000 bbls of oil to
Trafigura at a fixed price of USD35.00 per bbl in the second half of Calendar Year 2020 (“CY2020”).
The deliveries of the committed crude oil volumes have been completed, and as such subsequent
offtakes will not be affected by this fixed pricing arrangement.

They still earn money although sell few offtake under Usd 40 .
Now is USD 60 ... plx count wat wil happend in next qr

Posted by AllYouCanBuy > 2021-02-22 19:44 | Report Abuse

@kokchengkai That's a very good information from you. It shows that you studied the company prospect well. Thank you. I am sure HIBI will see RM1 in the next quarter.

If oil soars to usd100 as predicted by the big banks in Q3, HIBI will touch RM1. 50.

Posted by Miz Raya Bloom > 2021-02-22 19:44 | Report Abuse

cantik!

Posted by kokchengkai > 2021-02-22 19:45 | Report Abuse

Three crude oil offtakes were conducted in the North Sabah asset in the Current Quarter with a total
of 870,874 bbls of oil, net to SEA Hibiscus, sold at an average oil price of USD39.91 per bbl. Under our
fixed-price agreement with Trafigura, two offtakes totalling 500,000 bbls of oil were sold in the Current
Quarter at an average price of USD35.00 per bbl. As a recap, to mitigate crude oil price volatility and
ensure positive cashflow generation, we agreed in April 2020 to lock in sales of 750,000 bbls of oil to
Trafigura at a fixed price of USD35.00 per bbl in the second half of Calendar Year 2020 (“CY2020”).
The deliveries of the committed crude oil volumes have been completed, and as such subsequent
offtakes will not be affected by this fixed pricing arrangement.

important msg u mst read

Posted by kokchengkai > 2021-02-22 19:47 | Report Abuse

They sell 4 offtake ,3 offtake in discount price...
U can count it easily how many profit they can earn in next QR , USD 55 above brent oil

Posted by vinc3362 > 2021-02-22 19:57 | Report Abuse

Thank you kokchengkai for the info. Very good info. Tonight can sleep soundly.

Posted by khish24 > 2021-02-22 20:20 | Report Abuse

So now still buy or too late?

Posted by Godofgambler > 2021-02-22 20:21 | Report Abuse

https://www.theedgemarkets.com/article/hibiscus-petroleum-declares-maiden-interim-dividend-qoq-net-profit-rises-20

Posted by apple168 > 2021-02-22 20:21 | Report Abuse

Hibiscus is indeed a cash generating monster!

Posted by kl_guy > 2021-02-22 20:23 | Report Abuse

estimate next quarter earning will 1.8 to 2.0 times of this quarter announcement. Can buy and hold till next quarter report.

Posted by Miz Raya Bloom > 2021-02-22 20:39 | Report Abuse

cantik!

Posted by char1234 > 2021-02-22 20:47 | Report Abuse

it's weakened for the time being,so good to buy

Posted by char1234 > 2021-02-22 20:48 | Report Abuse

Their recent QTR results are good but the share price don't compliment it

Posted by char1234 > 2021-02-22 20:48 | Report Abuse

if tomorrow still red, worth to buy in

Posted by hendrycheah > 2021-02-22 21:07 | Report Abuse

i thot they are in the midst of bidding of Exxon Mobil asset and thus raise CRPS. Since they needed the fund, why do they pay dividend?

Posted by PunTatBerSiul > 2021-02-22 21:08 | Report Abuse

Beware of global crash!

Posted by Miz Raya Bloom > 2021-02-22 21:31 | Report Abuse

cakap ape pun tp ku tetap 3 rengget
kikiki

Posted by char1234 > 2021-02-22 21:36 | Report Abuse

not the target that's important....it's the journey ....ha ha

Posted by Snowthief > 2021-02-22 22:11 | Report Abuse

Good start, to launch missile to RM3. Building up confidence of investors by giving dividends always proven to be realistic. hahaha celebrate the good rewards everyone! Except those sour grapes. kikikikiki..

Posted by char1234 > 2021-02-22 22:15 | Report Abuse

now 69 ct ....if I hv 100k lots it's rm 6900

Posted by char1234 > 2021-02-22 22:15 | Report Abuse

dividend is 0.005

Posted by char1234 > 2021-02-22 22:16 | Report Abuse

how much is the dividend ? rm50,rm 500 ??

Posted by Snowthief > 2021-02-22 22:33 | Report Abuse

huhu.. Oil price spike again! Expecting slow recovery on Texas oil industry. Tmr H9e!!

Posted by paktua73 > 2021-02-22 22:40 | Report Abuse

if brent break usd 65..
hibiscus will break rm0.75



tut tut
and will see rm1 if brent hit usd 73

Posted by Jjkcl > 2021-02-22 22:48 | Report Abuse

Oil rocket up

Posted by Miz Raya Bloom > 2021-02-22 22:49 | Report Abuse

another cara buat share buy back

Posted by Miz Raya Bloom > 2021-02-22 23:03 | Report Abuse

pasti harga hibiscus naik laju

Posted by izoklse > 2021-02-22 23:05 | Report Abuse

aiyo tomorrow confirm rocket woo... brent now sky rocketing.

Posted by meadow1628 > 2021-02-22 23:29 |

Post removed.Why?

Posted by williamtkb > 2021-02-22 23:33 | Report Abuse

Yahoo.... Tomorrow can collect lower on sales

Posted by Davidl > 2021-02-22 23:41 | Report Abuse

Time to accumulate!

Posted by kakiminyak > 2021-02-23 00:03 | Report Abuse

Hibiscs sekarang makin confident so bagi dividend pertama kali dalam sejarah company. Masa depan mungkin boleh dapat lebih seperti di kata group chairman.

"As this marks our maiden dividend declaration, we have elected to be prudent but if oil prices maintain their upward trend, we hope that we are able to be more generous in the future," group chairman Zainul Rahim Mohd Zain said in a separate statement.

Semoga berjaya lebih lagi di masa depan. All supporters please show your trust and faith.

Posted by yip_net > 2021-02-23 01:05 | Report Abuse

Siapa takut sila jual murah murah saya mahu beli murah murah.