HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.28

Today's Change

0.00 (0.00%)

Day's Change

2.26 - 2.30

Trading Volume

551,300


68 people like this.

105,010 comment(s). Last comment by bose00 18 hours ago

Posted by michaellee3 > 2021-07-16 16:30 | Report Abuse

platinum member group call buy this stock already, get in now..

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-16 16:48 |

Post removed.Why?

Lee1971

99 posts

Posted by Lee1971 > 2021-07-17 17:22 | Report Abuse

net cash company.if economy recovery definitely good bet

Lee1971

99 posts

Posted by Lee1971 > 2021-07-17 17:23 | Report Abuse

no right issue. company only issue preference share.

Lee1971

99 posts

Posted by Lee1971 > 2021-07-17 17:23 | Report Abuse

for the acqusition

Posted by invenstor88 > 2021-07-19 03:15 | Report Abuse

who want to join a discussion or blow water group pls pm on my fb (fb name elwardho)

izoklse

5,240 posts

Posted by izoklse > 2021-07-19 05:03 | Report Abuse

the price should be double by now but somehow it cannot move. become elephant already.

Posted by wallstreetrookie > 2021-07-19 08:02 | Report Abuse

The agreement means the cartel will boost output by 400,000 barrels a day each month from August, continuing until all of its halted output has been revived. The deal will also give the UAE and several other countries higher baselines against which their production cuts are measured, starting in May 2022, according to a statement from the group.

Yippy68

1,687 posts

Posted by Yippy68 > 2021-07-19 08:14 | Report Abuse

oil are overpriced. it may go back to 60, just be cautious

ket4212

598 posts

Posted by ket4212 > 2021-07-19 08:31 | Report Abuse

morning everybody

ojibala

36 posts

Posted by ojibala > 2021-07-19 08:34 | Report Abuse

I think brent is heading to test Jun low around ~71.5 and reverse, or even lower at 69 then reverse. Either way, hibi still makes good amount of money, right?

keatdash73

135 posts

Posted by keatdash73 > 2021-07-19 08:53 | Report Abuse

excited !!! lai liaooooooooooooooooooooooooooooooooooooooooooo

Lee1971

99 posts

Posted by Lee1971 > 2021-07-19 09:52 | Report Abuse

oil price as long maintaining at USD 60 is good.The bottom line is production capacity and output.

SBHeng

100 posts

Posted by SBHeng > 2021-07-19 19:32 | Report Abuse

Still drop... Haizzzzzzz

jonathan_k

159 posts

Posted by jonathan_k > 2021-07-19 20:05 | Report Abuse

Hibiscus keep making money no matter oil up or down

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2021-07-19 22:27 | Report Abuse

kaunter ni akan main area 60 - 65 sen jeee untuk tempoh sebulan dua ni kot, kecuali ada good news baru break 65 sen, klu minyak drop bawah 70usd mungkin akan break below 60 sen, jadikkkkk berhijrahlah ke kaunter minyak yg lain yg lebih aktif klu nak trading

apple168

6,236 posts

Posted by apple168 > 2021-07-20 15:40 | Report Abuse

Oil price crashing huge!

apple168

6,236 posts

Posted by apple168 > 2021-07-20 15:41 | Report Abuse

The hibiscus management is right.. oil price expected to be around USD 50-60 per barrel…

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-07-20 16:54 | Report Abuse

IB still positive on oil price. They believed oil can touch usd 80bp by Aug but don't forget the negative side also.

ojibala

36 posts

Posted by ojibala > 2021-07-21 09:00 | Report Abuse

In stock market, every news is magnified many times over.

cavalera

34 posts

Posted by cavalera > 2021-07-21 16:12 | Report Abuse

oil stock will drop again... now become worst than b4... over supply due to low demand ... WHO already announce new wave will coming, SOON... no hope at all ... better swing b4 u loss ...

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2021-07-22 00:53 | Report Abuse

wow minyak naik mencanak mlm ni, hopefully esok hibiscs akan follow juga laaaa, break 70c dulu pun ok dah

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-22 08:41 |

Post removed.Why?

ojibala

36 posts

Posted by ojibala > 2021-07-22 10:22 | Report Abuse

So it seems oil price to stay above 68 with strong support. When is O&G theme for bursa?

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2021-07-22 20:54 | Report Abuse

Nice closing, hopefully this week can break 0.70c

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-23 08:51 |

Post removed.Why?

Cash999

149 posts

Posted by Cash999 > 2021-07-23 11:48 | Report Abuse

Plenty of good news for Hibiscus. Oil price is stable and Gas price at record high.

Dr. Brew

31 posts

Posted by Dr. Brew > 2021-07-23 20:50 | Report Abuse

Hibiscus seems attractive at current price with oil price stand above $70. Demand shall outpace supply with more countries reopen economies in 2nd half of the year.

John_G

2 posts

Posted by John_G > 2021-07-24 19:27 | Report Abuse

fundamentally oil price is bullish long term, just a matter of picking entry point only~

Posted by Miz Raya Bloom > 2021-07-26 10:28 | Report Abuse

haik minyak dah 70 above pon x jalan

apple168

6,236 posts

Posted by apple168 > 2021-07-28 08:03 | Report Abuse

Too many short term share holders, usually run when win small…

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-28 08:46 |

Post removed.Why?

jonathan_k

159 posts

Posted by jonathan_k > 2021-07-29 16:39 | Report Abuse

Today Brent and WTI all breaking resistance. Looking at 80

Posted by weisheng1998 > 2021-07-29 20:35 | Report Abuse

today Malaysia covid hit 17k again

Posted by dianatrader > 2021-07-29 21:02 | Report Abuse

And today also PM run from parliament

Heeee

Posted by weisheng1998 > Jul 29, 2021 8:35 PM | Report Abuse

today Malaysia covid hit 17k again

MrsLee

977 posts

Posted by MrsLee > 2021-07-29 22:46 | Report Abuse

Turtle counter like....Armada

jonathan_k

159 posts

Posted by jonathan_k > 2021-07-30 09:26 | Report Abuse

WTI at 73 lo. Hibiscus earn gao gao

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-07-30 11:06 | Report Abuse

Hibiscus celebrate rising crude oil with falling share price

ojibala

36 posts

Posted by ojibala > 2021-07-30 19:47 | Report Abuse

Ask the gomen do work, don't wayang2. Save our people and economy. Bunch of clowns.

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-07-30 21:26 | Report Abuse

The big joke is hibiscus oil is traded in line with brent crude, nothing to do with politics, yet responding as if its against crude oil price or political linked

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-31 09:06 |

Post removed.Why?

twynstar

361 posts

Posted by twynstar > 2021-07-31 23:44 | Report Abuse

Great news !!

no CRPS for Repsol acquisition !!


https://www.youtube.com/watch?v=CbNLG6HtjOY

fast forward to 2:24:10

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-01 10:29 |

Post removed.Why?

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-08-01 11:07 | Report Abuse

https://www.youtube.com/watch?v=CbNLG6HtjOY

the convertible, if i were not wrong, is convertible at 0.40/share. If that's the case, the private placement is only to benefit those being chosen for private placement while the rest of shareholders taking the burden...

twynstar

361 posts

Posted by twynstar > 2021-08-01 13:28 | Report Abuse

From what I understand, Hibiscus will not issue CRPS, private placement or right isssue for Repsol acquisition. There will no further dilution of current shares.

But Hibiscus might issue CRPS again if they plan to purchase another asset from other oil company.

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-08-01 22:51 | Report Abuse

Not quite, the convertible was issued already last year, a few hundred mil according to the presentation

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-02 10:20 |

Post removed.Why?

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