HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.28

Today's Change

+0.02 (0.88%)

Day's Change

2.27 - 2.31

Trading Volume

786,100


68 people like this.

105,010 comment(s). Last comment by bose00 10 hours ago

apple168

6,236 posts

Posted by apple168 > 2021-11-22 22:02 | Report Abuse

We hv been warning all to cut win… if you listen, you are safe…

Posted by derrickinvestor > 2021-11-23 10:18 | Report Abuse

tidur punya counter

Posted by boomkilikala > 2021-11-23 20:04 |

Post removed.Why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-23 21:12 | Report Abuse

0.60 mari..

greed123

29 posts

Posted by greed123 > 2021-11-24 08:34 | Report Abuse

… emergence of an ‘anti-OPEC+’…be careful

sheep

3,846 posts

Posted by sheep > 2021-11-24 09:04 | Report Abuse

those trapped..time to run no regret...wakakaka

Ismamiaku

31 posts

Posted by Ismamiaku > 2021-11-24 12:09 | Report Abuse

Apa pasal bungarayaku sudah layu?? Mana 0.85 ku?

Sheng93

69 posts

Posted by Sheng93 > 2021-11-24 12:55 | Report Abuse

0.85, ismamiaku I thk u r dreaming lo..now Brent 82 sthg..supposedly when last time hibiscus already up till 0.80 and above ..but seem like it has no way up

derrtan

1,796 posts

Posted by derrtan > 2021-11-24 13:19 | Report Abuse

complete acquisition is 1 month away. below 0.8 is just too cheap plus the brent now back to US82...

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-11-24 15:03 | Report Abuse

brent is 82+ and hibiscus only worth 0.79? Real big joke!

Posted by joryus4855 > 2021-11-24 16:04 | Report Abuse

GG bungaraya, i entered 0.95 before, fk my life

Titan

4,159 posts

Posted by Titan > 2021-11-24 17:48 | Report Abuse

Don't so early dismiss hibiscus. Rome also not built in 1 day. I believed management is building strong foundation for tis company. Management unable to control share price but can manage the company well. Give 6 months. If oil price hover around 80, I think it just matter of time only.

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-11-25 09:42 | Report Abuse

I would have thought hibiscus would trade between 0.85-0.90 range at 82 brent until clarity over repsol acquisition, like the eventual cost, profits added at forecasted brent crude price.

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-11-25 11:22 | Report Abuse

Now traded as if the repsol deal has fallen off, fainted!

Posted by derrickinvestor > 2021-11-25 14:42 | Report Abuse

brent d up why still sleep?

Posted by derrickinvestor > 2021-11-25 16:45 | Report Abuse

wah lao sai... lol

vinc3362

244 posts

Posted by vinc3362 > 2021-11-26 07:09 | Report Abuse

How to make retailers sell if the price don't 'lao sai'.

Winter is coming, Dec to Feb.

https://oilprice.com/Energy/Energy-General/Cold-Blast-Sends-Power-Prices-Soaring-In-Germany.html

vinc3362

244 posts

Posted by vinc3362 > 2021-11-26 07:10 | Report Abuse

Be prepared for the next uptrend in prices next month onwards.

greed123

29 posts

Posted by greed123 > 2021-11-26 11:09 | Report Abuse

… the need to acquire more oil producing assets, necessary??? be careful

Macgyver11

2,492 posts

Posted by Macgyver11 > 2021-11-26 12:48 | Report Abuse

Bunga raya sdh layu...tak ada orang siram air ke. Adoi!

Ismamiaku

31 posts

Posted by Ismamiaku > 2021-11-26 13:03 | Report Abuse

Apa sudah jadi kat Bunga Rayaku!

Posted by derrickinvestor > 2021-11-26 14:05 | Report Abuse

so fck 2day

apple168

6,236 posts

Posted by apple168 > 2021-11-26 19:50 | Report Abuse

Hibiscus will go down to 0.60 very soon!

derrtan

1,796 posts

Posted by derrtan > 2021-11-26 21:21 | Report Abuse

way over reacted!!. Do you know the even the south Africa only 2000 case per day?

kakiminyak

231 posts

Posted by kakiminyak > 2021-11-26 23:21 | Report Abuse

South African variant causing panic.

izoklse

5,239 posts

Posted by izoklse > 2021-11-27 01:00 | Report Abuse

OMG Market crash around the world. New variant from South Africa now confirm in Belgium. EU in full alert. Brace for impact guys. Hope oil can stand this tsunami.

linheng

1,365 posts

Posted by linheng > 2021-11-27 06:14 | Report Abuse

Crash 11%

linheng

1,365 posts

Posted by linheng > 2021-11-27 06:15 | Report Abuse

Dow down only less than 3%

Johnzhang

3,073 posts

Posted by Johnzhang > 2021-11-27 06:49 | Report Abuse

I think the world is much better prepared to cope with this new variant than when the Virus outbreak took place early 2020 (with zero knowledge and no vaccine then) Global investors having gone thru steep plunge and also experienced swift recovery in stock prices , will probably behave more rationally this round. In any case, the scientific information about this new variant is yet to come.

izoklse

5,239 posts

Posted by izoklse > 2021-11-27 08:46 | Report Abuse

New COVID variant Omicron triggers global alarm, market sell-off

U.S., Canada, UK and EU curb travel from southern Africa

WHO designates new variant 'of concern'

Stocks tumble, oil plunges by $10 a barrel

Variant has protein dramatically different from original

Epidemiologist warns travel curbs may be too late

https://www.reuters.com/business/healthcare-pharmaceuticals/japan-tighten-border-controls-s-africa-others-new-virus-variant-jiji-2021-11-26/

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-11-27 09:54 | Report Abuse

Monday expect to drop 10 cent …. Good luck

8dragon

2,169 posts

Posted by 8dragon > 2021-11-27 10:15 | Report Abuse

Below 0.60 will be a good level to buy...

vinc3362

244 posts

Posted by vinc3362 > 2021-11-27 21:26 | Report Abuse

Thanks derrtan. Looks like OPEC+ intends to maintain oil above USD 80/barrel.

So what happens if OPEC+ decided not to increase production from Jan 2022 and Omicron turns out to be not so damaging?

kahhoeng

3,926 posts

Posted by kahhoeng > 2021-11-27 21:40 | Report Abuse

If omicron not serious, they won't announce the news Sunday late night. Guess if one were to buy hibiscus now, he/she should expect to hold a few months to a year

twynstar

361 posts

Posted by twynstar > 2021-11-28 14:57 | Report Abuse

@kahhoeng, agree with you.

Better prepare for holding Hibiscus at least 6 to 12 months if plan to buy the dips.

I think the keyword for next year crude oil market is "spare capacity". It will be very interesting to see crude price movement at second half of CY2022 after OPEC+ announces they finish their spare capacity and US shale oil producers still refuse to increase oil production.

I also think this Omicron variant might help to form start of a new bull supercycle of crude oil.



Saudi Arabia Warns Of Shrinking Spare Oil Production Capacity
https://oilprice.com/Energy/Crude-Oil/Saudi-Arabia-Warns-Of-Shrinking-Spare-Oil-Production-Capacity.html


Russian Oil-Output Growth Losing Steam as OPEC+ May Review Plans
https://www.bloomberg.com/news/articles/2021-11-26/russian-oil-output-growth-losing-steam-as-opec-may-review-plans

apple168

6,236 posts

Posted by apple168 > 2021-11-28 19:48 | Report Abuse

Brent oil price US 72.91!
Be prepared for gap down tomorrow!

Tobby

7,397 posts

Posted by Tobby > 2021-11-28 19:48 | Report Abuse

Going back to 60 cents!

Posted by value_seeker > 2021-11-28 19:51 | Report Abuse

Gap down is the chance to collect. This is stock will go much ihigher.

apple168

6,236 posts

Posted by apple168 > 2021-11-28 19:56 | Report Abuse

Brent oil price dropped 10%, hibiscus, of course will follow gap down at least 10%!

hantamking

2,509 posts

Posted by hantamking > 2021-11-28 20:12 |

Post removed.Why?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-11-28 20:13 | Report Abuse

buy low sell high. thank omicron all in glove

kakiminyak

231 posts

Posted by kakiminyak > 2021-11-29 04:44 | Report Abuse

Lockdown here. lockdown there, wear glove do what? Korek lubang kah?

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