Aiyo of course la antipaktua say that because BRENT currently negative ma. Last Brent suddently shoot up ...antipaktua also gone. hahahaha. change other tactic please. So predictable.
I have seen many HIbiscus petroleum presentation and listen to Dr Kenneth Pereira talks. He and his team are indeed respectable management. This is the latest presentation and it sums it all.
Glaceau - compared with Hibiscus, what is the investment merits for Carimin, does it produce oil (or gas), if yes, is it going to increase its production by 3 times within 3/6 months?
RM1? RM1.20? You will be the next Tobby and Apple168 keep coming back to this forum to talk down Hibiscus share price. How much is your trading profits as a newbie since 2020 when you had nothing else to do but play with stocks? The O&G has been under invested since 2015. The activities started to recover in 2018 slowly and that's why you saw O&G counters boomed in 2019. Then, Covid came in 2020 and everything came to a standstill again. So, another 2 years of delayed investment decisions again. Now, with our world going into green energy (which i fully support cos we only have 1 earth), most banks reluctant to be seen supporting O&G loans. So, many more years of under investment and what this gonna do to the supply side? I don't need smart Harvard graduated investment banker to know the answer because i am in this industry. If you don't know how much Hibiscus is worth and your only buy and sell guidance is the flip of a coin or your feelings, i suggest you buy unit trust and let the agent make the commission and fund managers make the management fee out of you. Still, that's gonna be better in the long run than you flushing your money into toilet. As highlighted by some forumers, Hibiscus and Sapura Energy are the only 2 pure oil play benefiting from high oil price. Unfortunately, Sapura Energy is burdened by previous bad investments and decisions. With the new ex Shell Anuar, things will change for the better. Another game changer will be the Jerun CPP now under construction by MMHE scheduled for 2023. That's another 1.5 years away but i have bought some Sapura in case i no longer can get 0.11 by then. For O&G service providers, don't be overly excited. Recovery in 2H of 2022 possible for well managed companies like Dayang
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
izoklse
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Posted by izoklse > 2021-10-13 22:21 | Report Abuse
Aiyo of course la antipaktua say that because BRENT currently negative ma. Last Brent suddently shoot up ...antipaktua also gone. hahahaha. change other tactic please. So predictable.