i believe that 2bil crps is just provision to acquire exxon assets if they succeed in the bidding. till now no news. with brent price like this, dont think exxon will proceed to release their assets. then, further dilution may not happen. at this price hibi is still way undervalue.
If Brent keep on at this level or $85, by the time hibi complete the repsol purchase by end of the year, repsol might be foc already.. lol. Dun forget the oil in this region is sweet crude which has higher premium....
well oil heading to 83 USD now and winter got 4 month to go from this month start until january next year. can imagine how high natural gas price can go and crude oil price can reach. Welcome back to the year of SUPER BULL FOR OIL.
Thorman, by the time it is confirmed the chicken successfully hatch, do you think it will be at this price? Ah pig, ah dog, ah cow all also jump in buy la. U 1st day buying stk ah?
what a joke....an upstream company is losing to those mid stream and down stream companies...those companies mostly depend on Petronas..if Petronas not increase their capex...bomb~~
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Posted by Ismamiaku > 2021-10-05 12:42 | Report Abuse
Ku sayang Bunga Raya ku..tobby u Tak sempat nak masuk ke?