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

75, 80, 1.00

Posted by Miz Raya Bloom > 2021-03-08 10:18 | Report Abuse

keep up the good work ya, ku ada kerja sikit, bye, tp ku sentiasa 3 rengget

Posted by DickyMe > 2021-03-08 10:18 |

Post removed.Why?

Posted by Winner128 > 2021-03-08 10:23 | Report Abuse

See already USD71 brent oil still have short term confidence people sell out......
still same word, I am dont care.... i know what will going on.....

Posted by weisheng1998 > 2021-03-08 10:25 | Report Abuse

https://oilprice.com/oil-price-charts/

wah hahahaha

Posted by LossAversion > 2021-03-08 10:26 | Report Abuse

Bunga Raya mekar berkembang, cantik sekali.

Posted by weisheng1998 > 2021-03-08 10:31 | Report Abuse

I will hold until this quarter qr hahaha

Posted by LossAversion > 2021-03-08 10:33 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/08/quick-take-hibiscus-rises-5-as-oil-prices-jump-to-1-year-high

Posted by MoneyMakers > 2021-03-08 10:36 | Report Abuse

QR sure nice..thats why can give dividend

Posted by meistsk3134 > 2021-03-08 11:16 | Report Abuse

look like it block. lot buy 64 cent sell 70 cent?

Posted by Wt6669 > 2021-03-08 11:38 | Report Abuse

Gogogogo

Posted by Wt6669 > 2021-03-08 11:39 | Report Abuse

Oil huat arrrrrrr

Posted by Titan > 2021-03-08 11:48 | Report Abuse

Last time when oil at USD 70, Hibiscus is about rm1.10. They produce about 10k barrel per day. Now i think is about 20K barrel day. Also at that time, BIMB analyst give target 1.73......now less than half. Interesting oh....

Posted by Winner128 > 2021-03-08 11:55 | Report Abuse

Key is brent oil will continue uptrend coming continue 2 week.

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

seller too strong, difficult to push up

Posted by Popeye113 > 2021-03-08 12:07 | Report Abuse

Can we say the seller not confident so they wanna to sell it or they just wanna to take daily profit...

Posted by Popeye113 > 2021-03-08 12:10 | Report Abuse

Or this is one of their strategy so they can hold the price then collect some more before fly higher

Posted by Winner128 > 2021-03-08 12:58 | Report Abuse

agree @popeye113.
if you observe by yourself every counter sure have this kind of trading condition.
They all is small kaki in the market call "Master Guru".

Posted by izoklse > 2021-03-08 13:14 | Report Abuse

Brent crude breaks $70 after Saudi Arabia’s oil facilities attacked by Yemen’s Houthis

https://www.cnbc.com/2021/03/08/brent-breaks-70-after-houthis-attack-saudi-arabias-oil-facilities.html

Posted by weisheng1998 > 2021-03-08 13:15 | Report Abuse

I believe they pressing price to collect more since OPEC Maintains oil production Cuts and Saudi agreed to reduce production also

Posted by ket4212 > 2021-03-08 13:24 | Report Abuse

这么好的消息hibiscs才起3仙！oh my god

Posted by williamtkb > 2021-03-08 13:33 | Report Abuse

Already up a lot.... From below 50cents to 72cents...

Posted by Titan > 2021-03-08 13:56 | Report Abuse

USD 65 to 70 per barrel is increase of 8% but from company profit. It is an increase of 35% assuming breakeven is USD 50. If not mistaken hisbiscus opex is less than USD 40 or USD45

Posted by mitchu > 2021-03-08 14:26 | Report Abuse

Biden sent us warplanes to mid east. Also saudi israel n uae also getting ready for iran.houthi attacked saudi on iran instructions.although it's not good to profit fr war but I think it will spike oil prices n hibi profit.

Posted by mitchu > 2021-03-08 14:44 | Report Abuse

Hibi cmg qtr is similar to Sept 2018 qtr. Bear in mind last two qtr oil was sold to trafigura at fixed price of usd 35.

Posted by Coiffure > 2021-03-08 14:45 | Report Abuse

Wah this Good company continues it lampa pattern again? End of the day -0.00. if 0.010 or 0.020 curi ketawa sudah lah!!!

Posted by mitchu > 2021-03-08 14:45 | Report Abuse

Show will start at 4 pm

Posted by Jojobaa > 2021-03-08 14:52 | Report Abuse

I am jojobaa, the person who predicted that Armada will make a big time 4q profit in 2020. I was right.

Now I am here to also predict that Hibiscus will also make a big time quarterly profit for the ending march quarter to be reported in May.

Why? Very simple. If we want to simplify things we can reasonably expect Hibiscus to report a huge improvement over its 2Q2021 profit which was reported a week ago.

We first make an assumption that every quarter, all else equal, say Hibiscus makes 10 mil net profit, with 1 million barrels of oil sold. We also note the disclosure that the locked in oil price is circa USD40 which was agreed during Covid with Trafigura.

Now based on such assumptions, the full yearly profit of Hibiscus is very easily calculateable as follows:

3.2 million production per year

Oil price of A) 55 USD B) 62.5 USD C) 70USD

Based on 3.2 million production per year, and based on the USD oil price, Hibiscus's net profit is implied to be: 32 million PAT

Now we assume that Hibuscus sells the remaining 3.2 million at a range of USD55 to 70, which is the underlying oil price now. The incremental net profit shall be:

3.2 million x USD 15 (differential of oil price now and then)*0.615 (profit after tax rate)*4 (exchange rate) = RM118 million

and

3.2 million x USD 30*0.615 (profit after tax rate)*4 (exchange rate) = RM236 million

This brings a incremental net profit after tax of between RM118 million to RM236 million

To sum up, if you think Hibiscus can sell its 3.2 million barrels of oil at USD55 per barrel, a fair assumption is that Hibiscus's PAT shall be RM118 million + 32 million = RM150 million

If you think Hibiscus can sell its 3.2 million barrels of oil at USD70 per barrel, a fair assumption is that Hibiscus's PAT shall be RM236 million + RM32 million = RM278 million.

According to Hibiscus's latest quarterly report, the locked in oil price with Trafigura in Q2 has been fulfilled and one can assume that Hibiscus will lock in significantly higher price for its cargoes moving forward. Hibiscus should also be the stock which has the highest postive relation with oil prices moving on an uptrend.

Posted by Davidl > 2021-03-08 14:57 | Report Abuse

Big guy is accumulating!

Posted by Coiffure > 2021-03-08 14:58 | Report Abuse

Hehe... thn what are u waiting for? Margin and eat all the tickets who throwing now lor, so confi...

Posted by Xxxting > 2021-03-08 15:00 | Report Abuse

Where u can see big guy collecting

Posted by Bleh > 2021-03-08 15:20 | Report Abuse

Malaysia market dam boring

Posted by pochiwang > 2021-03-08 15:28 | Report Abuse

Y going down :(

Posted by Miz Raya Bloom > 2021-03-08 15:45 | Report Abuse

ku keluar jab jer, taman anak, balik nengok tak naik 0.75 :(

Posted by Miz Raya Bloom > 2021-03-08 15:45 | Report Abuse

ku keluar jab meneman anak beli barang, balik nengok masih tak capai 0.75 :(

Posted by Popeye113 > 2021-03-08 16:12 | Report Abuse

I believe some of the traders are following brent oil's price. When it drop a bit, they sell their ticket. So what i can say is - it is better collect now when it is still consider cheap.

Posted by weisheng1998 > 2021-03-08 16:31 | Report Abuse

true after flush out not confident holder then no more ticket edy haha I think this week can reach 0.77

Posted by kahhoeng > 2021-03-08 16:34 | Report Abuse

unbelievable, crude above 70 and hibiscus only 0.70-0.705???

Posted by Xxxting > 2021-03-08 16:38 | Report Abuse

My ave price on 0.707 n now drop till 0.695 ohmygod

Posted by fortheemprah > 2021-03-08 16:48 | Report Abuse

Guys, look at the RSS volume, almost 1.3 million shares shorted today. Shorties working overtime to suppress the price.

Posted by ket4212 > 2021-03-08 16:52 | Report Abuse

大红花石油期望越大失望越大！shit

Posted by Coiffure > 2021-03-08 16:53 | Report Abuse

Waha waha wakakaka
Fengshui master bluff u 10years 8years...
If I bluff, just a afternoon!!!!

Posted by Whoisthis > 2021-03-08 18:12 | Report Abuse

3 rengget! Don’t laugh n don’t bluff..my avg 0.565 I never lari one until 3 rengget!

Posted by meistsk3134 > 2021-03-08 18:46 | Report Abuse

3 rengget hahahaha

Posted by Sheng93 > 2021-03-08 21:02 | Report Abuse

Seem like tml i have chance to buy back at lowet pricevagain..

Posted by Xxxting > 2021-03-08 21:20 | Report Abuse

wonder tmrw will drop again ornot

Posted by maggiemee > 2021-03-08 22:50 | Report Abuse

wait die those chase high

Posted by supersaiyan3 > 2021-03-08 22:54 | Report Abuse

whoisthis, yup. I guess RM2 to RM6. Depends on how fast share price gets there.

Will continue to buy in the next 6 months, until I find another gem.

Posted by meistsk3134 > 2021-03-08 22:56 | Report Abuse

tmrw droo.oil drop liao...

Posted by Xxxting > 2021-03-08 23:04 | Report Abuse

even oil drop a lil but it still on high ,this counter supposse to be 0.70above rn