HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.30

Today's Change

+0.02 (0.88%)

Day's Change

2.25 - 2.30

Trading Volume

2,084,500


68 people like this.

105,012 comment(s). Last comment by James_Bond 2 hours ago

Popeye113

41 posts

Posted by Popeye113 > 2021-03-06 13:37 | Report Abuse

Hi, next Monday the price will drop 0.005 cent due to dividend, right?

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-03-06 14:15 | Report Abuse

already inside tp rm4, if outside tp 50c.. lol

still remember during oil good times usd80, many kena trap when rally to 1.30, never see 1.30 again until now, but i wont target 1.30, just swing trade here

izoklse

5,240 posts

Posted by izoklse > 2021-03-06 16:25 | Report Abuse

im so happy to tell you what i said a few week a go now become reality that oil price BRENT as per expected will touch 70 - 80 USD. It is very simple, many OPEC country especially those from middle east need oil price to go beyond 80 USD because they need to cover back ballooning debt and to pay their expensive budget and stimulus package due to COVID 19. Many or of this country depend almost 60 %- 90 % on oil revenue. They have been draining their own coffer last year and in order to survive they need Oil above 80 USD and beyond.

Xxxting

353 posts

Posted by Xxxting > 2021-03-06 20:00 | Report Abuse

any possible to touch 0.8?

Popeye113

41 posts

Posted by Popeye113 > 2021-03-06 22:39 | Report Abuse

Possible if no too many....

supersaiyan3

3,128 posts

Posted by supersaiyan3 > 2021-03-07 02:17 | Report Abuse

I pick hib for three main reasons:

1. Strong, well managed company with cheap valuation.

based on what we know now, quarterly EPS of 10c is achievable in foreseeable future.

2. Oil on strong uptrend in the next few years due to lack of exploration during Pandemic. (don't be surprised if it goes beyond all time high of USD147.5 per barrel).

3. Biden said he is going to kill Shale. Then he changed to "no new shale". In the past few years, every time oil hovering around USD60, shale will overproduce which suppresses oil prices. And this time shale overproduce didn't happen for quite some time now.

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-03-07 08:20 | Report Abuse

80c not a problem if oil can sustain >70usd for next 2 wks

tomorrow those about to join will panic buy and min should be up another 3-4c

those already bought 65c can chill and watch the show

Dangel

422 posts

Posted by Dangel > 2021-03-07 11:57 | Report Abuse

SuperPanda! SuperPanda! SuperLing!

mitchu

324 posts

Posted by mitchu > 2021-03-07 12:18 | Report Abuse

At this time in2018 oil 70 hibiscus shd be rm1.but becas ken pereira do the crps that is why is not moving.msraya bloom need to talk to pereira

Posted by SmartInvestor8877 > 2021-03-07 12:39 |

Post removed.Why?

Posted by SmartInvestor8877 > 2021-03-07 12:40 |

Post removed.Why?

Posted by SmartInvestor8877 > 2021-03-07 12:59 |

Post removed.Why?

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-03-07 14:37 | Report Abuse

Buy Sapura and Perdana.
More room for upwards gain.

kakiminyak

231 posts

Posted by kakiminyak > 2021-03-07 23:18 | Report Abuse

Linheng Those petro counters not doing too well, their revenues have not recovered. Check the quarterly reports and you will see.

My top picks are Hibiscus and Armada. They have the most potential to go up. This coming week should be super hot.

Xxxting

353 posts

Posted by Xxxting > 2021-03-08 03:40 | Report Abuse

will dividend causes the price drop big?

Popeye113

41 posts

Posted by Popeye113 > 2021-03-08 05:05 | Report Abuse

No. Just RM 0.005

Xxxting

353 posts

Posted by Xxxting > 2021-03-08 05:35 | Report Abuse

so will open at 0.685?

James_Bond

3,306 posts

Posted by James_Bond > 2021-03-08 06:28 | Report Abuse

Be Prepared that Hibiscus skyrockets today...

Popeye113

41 posts

Posted by Popeye113 > 2021-03-08 07:06 | Report Abuse

I think more than 0.69 because Brent oil now over USD70

Popeye113

41 posts

Posted by Popeye113 > 2021-03-08 07:06 | Report Abuse

Now is USD70.60

Godofgambler

5,307 posts

Posted by Godofgambler > 2021-03-08 07:12 | Report Abuse

Today hibiscus might hit Rm1?

Whoisthis

437 posts

Posted by Whoisthis > 2021-03-08 07:34 | Report Abuse

Ini kali tak mao kaya pun tak boleh lo..

ket4212

598 posts

Posted by ket4212 > 2021-03-08 07:55 | Report Abuse

大红花石油!加油

Popeye113

41 posts

Posted by Popeye113 > 2021-03-08 08:05 | Report Abuse

@Godofgambler RM1 still far away

Popeye113

41 posts

Posted by Popeye113 > 2021-03-08 08:06 | Report Abuse

Lets talk about to break RM0.80 first

ket4212

598 posts

Posted by ket4212 > 2021-03-08 08:10 | Report Abuse

0.8and0.9已经ok

Xxxting

353 posts

Posted by Xxxting > 2021-03-08 08:10 | Report Abuse

hope can buy more today

Winner128

271 posts

Posted by Winner128 > 2021-03-08 08:30 | Report Abuse

Today onwards is my second round profit..........

ket4212

598 posts

Posted by ket4212 > 2021-03-08 08:36 | Report Abuse

期待大红花石油大涨!

ket4212

598 posts

Posted by ket4212 > 2021-03-08 08:42 | Report Abuse

brent oil已经升到71!今日是石油股天下

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-03-08 08:50 | Report Abuse

wow reach 70usd earlier than expected, thanks to middle east tension

this week sure can reach 80c, enjoy

ket4212

598 posts

Posted by ket4212 > 2021-03-08 08:50 | Report Abuse

hibiscs go go go

Winner128

271 posts

Posted by Winner128 > 2021-03-08 09:05 | Report Abuse

Current condition with vaccine and brent oil price maintain a period low price is time to bring it up and base on brent oil trend still maintain uptrend.....is good signal...

Winner128

271 posts

Posted by Winner128 > 2021-03-08 09:14 | Report Abuse

Now this moment is short term take profit but i am sure rate was very low....because now is 石油股天下

Posted by weisheng1998 > 2021-03-08 09:18 | Report Abuse

this sem qr sure dark green haha

Popeye113

41 posts

Posted by Popeye113 > 2021-03-08 09:23 | Report Abuse

A lot of profit taking traders block...

Posted by kokchengkai > 2021-03-08 09:24 | Report Abuse

If hibiscus sell 4 offtake in tis month.. then hoseh 了。。notion boss oso change road to oil n gas, u know wat happened now?

Posted by weisheng1998 > 2021-03-08 09:43 | Report Abuse

no worry actually no up much also earn edy, no dumping happen since all seller not urgent selling haha

Posted by Miz Raya Bloom > 2021-03-08 09:44 | Report Abuse

cantek! kasi lepas 0.75, then 0.80, then 1.00

Posted by weisheng1998 > 2021-03-08 09:46 | Report Abuse

slowly the price sure hit rm 0.8 edy

MoneyMakers

7,503 posts

Posted by MoneyMakers > 2021-03-08 09:51 | Report Abuse

Hold tight..Oil at 2018/2019 highs..Lets match Feb high 0.75

MoneyMakers

7,503 posts

Posted by MoneyMakers > 2021-03-08 09:58 | Report Abuse

Steady today got dividen+price appreciation somemore..double treat

Wt6669

298 posts

Posted by Wt6669 > 2021-03-08 10:02 | Report Abuse

Hahaha gogoggo

MoneyMakers

7,503 posts

Posted by MoneyMakers > 2021-03-08 10:02 | Report Abuse

Latest oil price forecast:

Goldman: 2Q $75, 3Q $80
UBS: Boosts 2H forecast to $75
Citi: Above $70 by March-end
ANZ: Brent $70

Wt6669

298 posts

Posted by Wt6669 > 2021-03-08 10:04 | Report Abuse

Oil gogogo

Posted by Miz Raya Bloom > 2021-03-08 10:08 | Report Abuse

beli jer le, usah ler play devil's advocate

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