Posted by Mikecyc > 2021-10-11 14:35 |

Post removed.Why?

Posted by Mikecyc > 2021-10-11 14:35 |

Post removed.Why?

Posted by followthetrend > 2021-10-11 14:42 | Report Abuse

https://klse.i3investor.com/blogs/followtrend/2021-10-11-story-h1591994202-Hibiscus_Petroleum_vs_Bitcoin_Super_Cycle.jsp

Posted by mokluhanj21 > 2021-10-11 15:30 | Report Abuse

GURRRRR. BRENT IS 84 BYATCH

Posted by paktua73 > 2021-10-11 15:54 | Report Abuse

we can dream back on end of this year bungaraya can fly until rm1.30..


tut tut
love back on 2018

Posted by Bleh > 2021-10-11 15:55 | Report Abuse

uncle, please if can - i am holding since then ..@ 0.4. ahahahaha

Posted by followthetrend > 2021-10-11 16:09 | Report Abuse

if hibiscus petroleum today closed at RM0.9, it is expected tmr we can reach RM1, let's go!

Posted by followthetrend > 2021-10-11 16:11 | Report Abuse

RHB TP: RM1.07, Public Bank TP: RM1.05, BIMB TP: RM1.2
Which means at least will reach RM 1 in short time!

Posted by followthetrend > 2021-10-11 16:15 | Report Abuse

In 15 October 2018, Ooi Teik Bee wrote this. Will he come back to this stock? Hmmm

"Dear valued members,
Enclosed is the technical chart of Hibiscus for your perusal.
Please note the correlation between Brent Crude price and share price of Hibiscus.
When the price of Brent Crude oil is up, the price of Hibiscus will be moved up correspondingly.
I believe the Brent Crude oil price will hit USD 100 in Q4 2018, hence the share price of Hibiscus will move up north accordingly.
The reason Mr Donovan Ang projected the price of Hibiscus to be 5.50 in 2020 because he also projected the Brent Crude oil price to be USD 175 in 2020.
Please read my technical chart to understand it.
Final decision to buy is always yours.
Thank you.
Ooi
寧可天下人負我, 休教我負天下人
Disclaimer :
Please be informed that the aforesaid stocks are solely for the purpose of education only ; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
Final decision to buy is always yours."

Posted by Bgt 9963 > 2021-10-11 16:23 | Report Abuse

Oil and gas commming.....!

Posted by mokluhanj21 > 2021-10-11 16:41 | Report Abuse

the whole of Bursa will benefit. our FOrex also
dont forget Malaysia is still a heavy oil GDP company + commodities.
So yeah, hopefully our Economy will spike back to better position. thanks. :P

Posted by investor2021trading > 2021-10-11 18:24 | Report Abuse

blooming hibiscus!

Posted by izoklse > 2021-10-11 19:11 |

Post removed.Why?

Posted by izoklse > 2021-10-11 20:19 | Report Abuse

High Natural Gas Prices Could Lead To 2 Million Bpd Extra Oil Demand

https://oilprice.com/Energy/Crude-Oil/High-Natural-Gas-Prices-Could-Lead-To-2-Million-Bpd-Extra-Oil-Demand.html

Posted by followthetrend > 2021-10-11 20:52 | Report Abuse

https://klse.i3investor.com/blogs/followtrend/2021-10-11-story-h1592021137-Hibiscus_Petroleum_vs_Dayang.jsp

Posted by DonAzoff > 2021-10-12 00:13 | Report Abuse

@DickyMe3 Syoknya today is a good day. Thanks 5199 for getting me a new beemer.

Posted by bullmarket1628 > 2021-10-12 06:08 |

Post removed.Why?

Posted by Titan > 2021-10-12 06:50 | Report Abuse

Malaysia is a sweet crude and therefore selling $5 premium if not mistaken

Posted by maf1964 > 2021-10-12 07:13 | Report Abuse

when the market goes up, a lot of retired clows reemerge.
just sit back and laugh at their antics

Posted by maf1964 > 2021-10-12 07:14 | Report Abuse

clowns not clows

Posted by CUTLOST > 2021-10-12 11:38 | Report Abuse

Tq HIBISCUS..TP ACHIEVED..

Posted by investor2021trading > 2021-10-12 12:31 | Report Abuse

heavy accumulation! gud sign!

Posted by DonAzoff > 2021-10-12 12:46 | Report Abuse

Little Dicky..where are you?

Posted by Ismamiaku > 2021-10-12 13:23 | Report Abuse

Bungarayaku akan capai rm 1

Posted by Jojobaa > 2021-10-12 15:42 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/10/11/gas-malaysia-revises-average-selling-price-in-q4

Gas prices up 20% in q4 from q3

Posted by error413 > 2021-10-12 16:37 | Report Abuse

https://www.hibiscuspetroleum.com/wp-content/uploads/2021/07/HPB-Proposed-Acquisition-of-Repsol-Assets-Final.pdf page 11.. they have been predicting the earnings based on brent price $65.. but now the price reach $84.. yet they has been gaining profit since the past 6 months as the price exceed $65 since then

Posted by error413 > 2021-10-12 16:45 | Report Abuse

Petronas carigali is not public company.. Left only 2 counter available for in Oil & Gas Exploration and
Production play that is hibiscus and sapura. This 2 counter has oil well to gain benefits in Brent spike up. With debt on sapura, I'll go for hibiscus.

Posted by Winner128 > 2021-10-12 17:23 | Report Abuse

Today not move up at all

Posted by darkxfs > 2021-10-12 18:48 | Report Abuse

Thriven 7889 low price, 0.160 now got volume, shareholder teladan & mulpha

Posted by s3eve > 2021-10-12 19:11 | Report Abuse

will move up to 1 gradually now...

Posted by investor2021trading > 2021-10-12 19:27 | Report Abuse

with Repsol entry n oil price WTI @ USD80.89 n Brent @ USD83.93, Hibiscus Petroleum is now very undervalue!

Posted by investor2021trading > 2021-10-12 19:37 | Report Abuse

KUALA LUMPUR (Oct 11): RHB Retail Research said Hibiscus Petroleum Bhd is resuming its strong uptrend as it bounced off from the recent pullback and broke past the 80.5 sen recent high on high trading volume.

In a trading stocks note on Monday, the research house said bullish momentum above that level may lift the stock towards the 91.5 sen resistance, followed by RM1.06 – the multi-month high.

Posted by twynstar > 2021-10-12 21:51 | Report Abuse

@error413

1) Hibiscus bidded Repsol assets around Jan 2021, with Brent crude price around USD 50-55/bbl

2) Most of the oil and gas M&A are based on backwardation of future Brent price, which means Brent crude will be getting cheaper in the future. Page 11 showed RPS Energy Consultants Limited predicted Brent crude price will be USD 57 in 2022, USD 55 in 2023 and USD 53 in 2024.

3)Total net cash flows expected to be generated over the next 5 years (2021 – 2025) by Repsol asses is USD255m, also based on this backwardation of future Brent price.

4)EBITDA contribution of USD135m (RM558.8m) is expected in calendar year 2022, might be based on USD 57/bbl

Posted by apple168 > 2021-10-12 22:32 | Report Abuse

Goodness! Pang72 here!

Posted by apple168 > 2021-10-12 22:32 | Report Abuse

Time to take profits…

Posted by Jojobaa > 2021-10-13 09:20 | Report Abuse

In my opinion, there are 2 key ways management will create value for shareholders through the Repsol acquisition:

1) Like twynstar mentioned above, management has forecasted total net cash inflows of USD255 million over the next 5 years, premised upon oil prices of USD53-57 USD per barrel. This equates to approximately USD51 million a year.

Note that Hibiscus raised USD50 million from issuance of CRPS in 2020, of which will be paid to fund the acquisition. The remaining consideration of approximately USD165 million will be funded via a combination of cash balances accruing in Repsol since 1 January 2021 until completion and debt issuance.

What does this all mean? This essentially means, at a conservative oil price assumption, Hibiscus is paying USD50 million to get USD51 million of net cash inflow every year for the next 5 years. If oil price averages USD70 per barrel, the net cash inflow figure will be jacked up much much further. In my opinion, this strategy has paid off handsomely and it is a matter of time before the numbers emerge.

2) Very simply, in the Pareto Securities presentation, in FY2021, Hibiscus achieved an ebitda of USD90 million USD based on oil prices of USD50 per barrel. Ebitda for Repsol is projected to be USD135 million based on oil prices of USD57 per barrel in 2022.

Now, assuming that the cost structure (depreciation and decom costs is the same for both assets), the profitability of Hibiscus is immediately enhanced by a factor of 1.5x post acquisition. Simply put, if my profitability and cash generation is enhanced by a factor of 1.5x, then naturally I would expect Hibiscus to appreciate by 1.5x over the next 6 months.

To top it all off, oil prices has far surpassed all assumptions and forecast and the profitability of Hibiscus will only follow as well.

Posted by paktua73 > 2021-10-13 11:52 | Report Abuse

bungaraya will rally between 0.85-93 for now..
if next week can break rm0.95..
then to see rm1.00 by end of this month will be reality..



tut tut
just relax for now

Posted by pejatrade > 2021-10-13 16:43 | Report Abuse

Petdag naik kaw2...hibiscs boleh turun...mangkuk hayun

Posted by apple168 > 2021-10-13 16:59 | Report Abuse

Dump dump dump…

Posted by freddiehero > 2021-10-13 17:00 | Report Abuse

all the best.. tomorrow fighting it gogoogo...

Posted by z3fthology > 2021-10-13 17:34 | Report Abuse

walao last minute dump!

Posted by Tobby > 2021-10-13 17:37 | Report Abuse

Extremely overbought! Too hot! Better sell or else get trap for some time!

Posted by twynstar > 2021-10-13 17:56 | Report Abuse

1) Hibiscus bought Anasuria UK in March 2016 with USD 52.5 million, recorded negative goodwill ( profit) of RM 361 million in 4QFY2016

2) Hibiscus bought North Sabah in March 2018 with USD 25 million, recorded negative goodwill ( profit) of RM 206 million in 4QFY2018

3) Repsol assets was valued as USD 415 million under a base oil price scenario of $65/bbl in 2020.
https://connect.ihsmarkit.com/upstream-insight/article/heroldReports/136390/seam-alert-repsol-weighing-sale-of-malaysian-assets

4) Valuation of Repsol assets by RPS Energy in 1 January 2021 was USD 285 million, with base oil price scenario of around USD 55/bbl

5) Hibiscus will complete Repsol assets acquisition around Dec 2021 with USD 212.5 million

6) Most likely Hibiscus will ask RPS Energy to revalue Repsol assets on Jan 2022, with base oil price scenario of possible USD 70-80/bbl

7) Most likely Hibiscus will record another negative goodwill ( profit) from Repsol acquisition in 2QFY2022 or 3QFY2022

Posted by Davidl > 2021-10-13 18:32 | Report Abuse

Time to hv a healthy correction!

Posted by Aaron_tan > 2021-10-13 19:51 | Report Abuse

This is not correction but gg

Posted by nuttyprofessor > 2021-10-13 20:00 | Report Abuse

LOL, you all too much go scare all the newbie to pick up cheap ticket. Just ppl TP only la.. recovery otw

Posted by Winner128 > 2021-10-13 21:12 | Report Abuse

Recently oil are shortage and winter all signal are bring benefits to oil n gas counter. And this counter continue uptrend a few day and sure will do collection la.....like today sure big kaki through tickets to scare people then collect more cheaper ticket before pull up again.

Posted by Maxsuper > 2021-10-13 21:30 | Report Abuse

..... every winter USA consume lots of oil n gas....

Posted by Antipaktua67 > 2021-10-13 22:16 | Report Abuse

When u see paktua here,u better run….

Posted by mitchu > 2021-10-13 22:20 | Report Abuse

When is hibi qtr report out ?