HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.27

Today's Change

-0.01 (0.44%)

Day's Change

2.27 - 2.30

Trading Volume

179,800


68 people like this.

105,010 comment(s). Last comment by bose00 16 hours ago

sheep

3,846 posts

Posted by sheep > 2021-10-02 10:19 | Report Abuse

Year 2002? Didn't check or edit by writer or section panel or the person who posted it.., that showed their work ethics or attitudes...you want to believe him?..
Happy weekend...wakakaka

Dangel

422 posts

Posted by Dangel > 2021-10-02 10:41 | Report Abuse

Anyhow 2022 is definitely a good year for hibiscus!

apple168

6,236 posts

Posted by apple168 > 2021-10-02 13:17 | Report Abuse

Agreed, Dangel! Hold your hibiscus tickets, don’t cheap sell to the sharks!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-10-02 15:03 | Report Abuse

Oil and gas commming....

izoklse

5,240 posts

Posted by izoklse > 2021-10-02 16:07 | Report Abuse

Hibiscus showing price moving up last few days even when oil drop from 80 USD to 78 USD. That is something very weird. normally Hibiscus tend to follow oil pirce movement. Only a few occasion its deferent.I think can start monitor this. Also need to monitor OPEC result on 4th October 2021.

Posted by bullmarket1628 > 2021-10-02 16:38 | Report Abuse

Next week Brent oil price $85 to $90

Huat ah, Heng ah, Ong ah !‬

izoklse

5,240 posts

Posted by izoklse > 2021-10-03 05:45 | Report Abuse

Hibiscus Petroleum's Presentation at Pareto Securities' 28th Annual Energy Conference

https://www.youtube.com/watch?v=vYFAozWG9XA

izoklse

5,240 posts

Posted by izoklse > 2021-10-03 05:56 | Report Abuse

no wonder price going up after Pareto Conference.

izoklse

5,240 posts

Posted by izoklse > 2021-10-03 05:59 | Report Abuse

50% of repsol is gas and now gas price shooting up like crazy. No wonder Hibiscus price also going up.

izoklse

5,240 posts

Posted by izoklse > 2021-10-03 06:00 | Report Abuse

Hibiscus Petroleum's Presentation at Pareto Securities' 28th Annual Energy Conference

https://www.youtube.com/watch?v=vYFAozWG9XA

MD Presentation video to investor

izoklse

5,240 posts

Posted by izoklse > 2021-10-03 12:04 | Report Abuse

I hope opec on 4th October not killing this oil price upward movement.

Ismamiaku

31 posts

Posted by Ismamiaku > 2021-10-03 13:04 | Report Abuse

Bungarayaku tak pernah kecewakanku..mari kita sampai ke bumbung RM1..

Posted by bullmarket1628 > 2021-10-04 09:06 |

Post removed.Why?

Posted by bullmarket1628 > 2021-10-04 09:11 |

Post removed.Why?

Posted by bullmarket1628 > 2021-10-04 09:57 | Report Abuse

Wow, Fantastic !
Now Hibiscs already traded at=> 0.735 (+0.025) (+3.5%)

Huat ah, Heng ah, Ong ah !

izoklse

5,240 posts

Posted by izoklse > 2021-10-04 10:47 | Report Abuse

Based on MD earning after repsol will be double or triple woo.

Posted by KingKong_Doll > 2021-10-04 13:22 | Report Abuse

IRR for repsol acquisition is about 3 yrs based on the USD 60 for FY21 and if not mistaken $55+ for FY22. With oil price at >$75, I think IRR is 1.5 years? Meaning, worst case scenario, by end of next year, they can pay off all.

It's just likes buying into a 99 yrs old leasehold hse which left only 15 yrs on it. Due to rental so good, within a year or 2, pay off ady and you get to reap the next 13 yrs rental. Ini macam punya acquisition also i want.

Whoisthis

437 posts

Posted by Whoisthis > 2021-10-04 15:47 | Report Abuse

Hohoho...80 80 80 80 80! Huat ah heng ah Ong ah!

lloydlim

3,964 posts

Posted by lloydlim > 2021-10-04 15:54 | Report Abuse

Uptrend momentum getting stronger day by day, buying interests tell everything!

sheep

3,846 posts

Posted by sheep > 2021-10-04 20:00 | Report Abuse

1.0 sen final dividend..next year 2.0 sen...100% increase...wakakaka

derrtan

1,796 posts

Posted by derrtan > 2021-10-04 20:56 | Report Abuse

no wonder the price move

derrtan

1,796 posts

Posted by derrtan > 2021-10-04 21:50 | Report Abuse

oil price on viagra....USD81.61!!!

izoklse

5,240 posts

Posted by izoklse > 2021-10-04 21:53 | Report Abuse

what is opec decision? Oil price amd Natural Gas price up like crazy now.

Davidl

1,816 posts

Posted by Davidl > 2021-10-05 01:33 | Report Abuse

Expecting new high in de making!

Icon 888

2,251 posts

Posted by Icon 888 > 2021-10-05 01:54 | Report Abuse

Waiting 0.70

apple168

6,236 posts

Posted by apple168 > 2021-10-05 06:22 | Report Abuse

Huat ah! Oil price broke USD81!

apple168

6,236 posts

Posted by apple168 > 2021-10-05 06:23 | Report Abuse

Serve you right, Short sellers… hahaha..

linheng

1,365 posts

Posted by linheng > 2021-10-05 06:33 | Report Abuse

The UK license expired on 30 September 2021. Not renewed by UK government. Exploration rights at North SEA BURNED?

linheng

1,365 posts

Posted by linheng > 2021-10-05 06:36 | Report Abuse

Investment in Anasuria North Sea is burnt. Hangus.

mf

28,457 posts

Posted by mf > 2021-10-05 06:39 | Report Abuse

Dow falls 320 points to start the week, Nasdaq drops 2% amid tech rout

Posted by bullmarket1628 > 2021-10-05 07:02 |

Post removed.Why?

Posted by bullmarket1628 > 2021-10-05 07:29 | Report Abuse

October 5, 2021 3:46 AM +08Last Updated 4 hours ago
Energy
Oil settles above $81 with OPEC+ sticking to output increase
By Laura Sanicola

https://www.reuters.com/business/energy/oil-falls-ahead-opec-supply-policy-meeting-2021-10-04/

Oct 4 (Reuters) - Oil jumped to a three-year peak on Monday after OPEC+ confirmed it would stick to its current output policy as demand for petroleum products rebounds, despite pressure from some countries for a bigger boost to production.
The producer club's decision to keep increasing oil output gradually sent prices sharply higher, adding to inflationary pressures that consuming nations fear will derail an economic recovery from the pandemic. read more
OPEC+ agreed in July to boost output by 400,000 barrels per day (bpd) each month until at least April 2022 to phase out 5.8 million bpd of existing production cuts.
Brent crude settled up $1.98, or 2.5%, to $81.26 a barrel. It rose 1.5% last week for a fourth consecutive weekly gain, and was back up to highs last seen in 2018.

U.S. oil settled up $1.74, or 2.3%, to $77.62 a barrel after gaining for the past six weeks, and was at its highest since 2014.
"Given the demand picture and the outcome of the OPEC meeting, the overall sentiment around crude is bullish," said John Kilduff, partner at Again Capital LLC in New York.
Demand for coal and natural gas has exceeded pre-COVID-19 highs with oil closely trailing, according to energy watchdog, the International Energy Agency. Three-quarters of global energy demand is still met by fossil fuels, with less than a fifth by non-nuclear renewables.
OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, has faced pressure from some countries to add back more barrels to the market as demand has recovered faster than expected in some parts of the world.

Four OPEC+ sources told Reuters recently that producers were considering boosting output by more than had already been agreed. read more
The oil price rally has also been fuelled by an even bigger increase in gas prices, which have spiked by 300%, prompting switching to fuel oil and other crude products to generate electricity and for other industrial needs.

Davidl

1,816 posts

Posted by Davidl > 2021-10-05 10:02 | Report Abuse

Looking forward to break new high!

s3eve

78 posts

Posted by s3eve > 2021-10-05 10:05 | Report Abuse

still a good time to enter.. gradual climb to RM1 in sight

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-10-05 10:24 | Report Abuse

hibiscus rose by 4.14%, petron rose by 4.6% while hengyuan rose by 5.98% as if rising crude oil benefits refineries more than oil producer, what a BOLEH BURSA...

LossAversion

1,707 posts

Posted by LossAversion > 2021-10-05 10:28 | Report Abuse

@Posted by kahhoeng : You should consider the base price when looking at the % change!

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-10-05 10:31 | Report Abuse

??? kindly elaborate more...

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-10-05 10:33 | Report Abuse

hibiscus was trading at a high of 74.5 when crude oil broke 70 a few months ago. Right now, crude oil is way above 80, and hibiscus is trading at 0.755, what base price are you trying to base???

LossAversion

1,707 posts

Posted by LossAversion > 2021-10-05 10:37 | Report Abuse

@Posted by kahhoeng > Oct 5, 2021 10:33 AM | Report Abuse
The other 2 latter have fallen quite a bit vis-a-vis Hibiscus

LossAversion

1,707 posts

Posted by LossAversion > 2021-10-05 10:37 | Report Abuse

For me no complaints since I hold all of them!!!

apple168

6,236 posts

Posted by apple168 > 2021-10-05 10:43 | Report Abuse

Huat ah! Huat ah! Huat ah!

apple168

6,236 posts

Posted by apple168 > 2021-10-05 10:43 | Report Abuse

Let’s Break 0.80!

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-10-05 10:52 | Report Abuse

Oooh, I see... I only invested in hibiscus, primarily believing that a rising crude may not necessarily benefit refineries as much as oil producer, cause refineries earn from crack spread (that I didn't follow) while oil producer earn from the difference between crude oil price (basically reported everyday) and it's cost of production (that's pretty much known).

Posted by Tradewolf33 > 2021-10-05 10:55 | Report Abuse

Very strong buying trend, confidence will flying new high

iPlay

1,812 posts

Posted by iPlay > 2021-10-05 11:11 | Report Abuse

Once break 765... it will fly...we will seel !

Invest_888

1,032 posts

Posted by Invest_888 > 2021-10-05 11:12 | Report Abuse

Hibiscs benefits from global energy shortage and spiking in oil price.

Posted by bullmarket1628 > 2021-10-05 11:59 |

Post removed.Why?

Tobby

7,397 posts

Posted by Tobby > 2021-10-05 12:32 | Report Abuse

Bought yesterday to replace Saprng but sold today! So basically made some contra gain but since divvy already announce, the euphoria will die down soon! Beside, oil price will go into correction soon!

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