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.

105,009 comment(s). Last comment by Sangranghaeyo 2 days ago

Huatexpert

344 posts

Posted by Huatexpert > 2022-02-28 08:49 | Report Abuse

Russia's Putin puts nuclear forces on high alert as West rallies behind Ukraine

https://www.channelnewsasia.com/world/russia-putin-nuclear-forces-high-alert-nato-ukraine-2523326

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2022-02-28 10:35 | Report Abuse

Even without sanction expected EBITDA for 2022 is around 558mil..and that just from REPSOL

BeeNeutral

106 posts

Posted by BeeNeutral > 2022-02-28 10:49 | Report Abuse

Managed to accumulate more at dip

rr88

6,532 posts

Posted by rr88 > 2022-02-28 10:50 | Report Abuse

European countries has frozen 60% of Russian Central Bank money and Putin has his finger on Nuclear Weapons trigger. And you go in and buy stocks. What are you thinking. Stay away from stocks. 100% cash.

BeeNeutral

106 posts

Posted by BeeNeutral > 2022-02-28 10:53 | Report Abuse

Managed to get some more at 1.21

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2022-02-28 11:16 | Report Abuse

Cash got too much already..enough for 3 generations

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-02-28 11:26 | Report Abuse

I try buy few lots play.. minyak mahal.. hehe

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-02-28 11:27 | Report Abuse

..and hope mari Rm2.00

Posted by adikhantamking > 2022-02-28 11:30 | Report Abuse

i sold my tech , buy more hibis^^ h

derrtan

1,796 posts

Posted by derrtan > 2022-02-28 11:41 | Report Abuse

will go up after tomorrow...need to cleat T3 tomorrow

BeeNeutral

106 posts

Posted by BeeNeutral > 2022-02-28 11:54 | Report Abuse

Nibbled more at 1.21 again

witan

774 posts

Posted by witan > 2022-02-28 12:23 | Report Abuse

brent going to $100 again. putin really crazy

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2022-02-28 12:37 | Report Abuse

Go go...why so slow.

ks5S

4,601 posts

Posted by ks5S > 2022-02-28 12:42 | Report Abuse

oil hitting 103

Posted by adikhantamking > 2022-02-28 12:51 | Report Abuse

shake contra player first ^^

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2022-02-28 12:51 | Report Abuse

If oil price maintain above 90 how must estimated profit..

Posted by adikhantamking > 2022-02-28 12:52 | Report Abuse

i collect again before closing ^^ thank you

Sheng93

69 posts

Posted by Sheng93 > 2022-02-28 12:53 | Report Abuse

Still No show for all the oil counters even oil already hit 100..

Posted by adikhantamking > 2022-02-28 14:02 | Report Abuse

accumulating now ^^

smshahrom

37 posts

Posted by smshahrom > 2022-02-28 14:23 | Report Abuse

bankering right now

smshahrom

37 posts

Posted by smshahrom > 2022-02-28 14:30 | Report Abuse

bunkering..

BeeNeutral

106 posts

Posted by BeeNeutral > 2022-02-28 14:34 | Report Abuse

Accumulated a bit more at 1.20

zhangzuode

254 posts

Posted by zhangzuode > 2022-02-28 14:43 | Report Abuse

witan - why is Putin really crazy? Thanks for your insight.

DragonG

148 posts

Posted by DragonG > 2022-02-28 15:36 | Report Abuse

@zhangzuode - Already reach 85% of your TP. May you share what is your next move/strategy? Cash out partially or all? Or you want to wait for a little bit longer? Thank you in advance

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-02-28 15:42 | Report Abuse

小龙女, thanks for sharing and refreshing our data.

witan

774 posts

Posted by witan > 2022-02-28 15:42 | Report Abuse

@zhangzuode well with SWIFT sanction in action and more coming soon, not sure what Putin really want to achieve this time around. I mean high oil price is always good with Russia being 2nd largest oil producer in the world but other than that I m not clear about his intentions

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-02-28 15:48 | Report Abuse

Means you didn't know what you were writing about....

"Not clear about his intentions"....didn't you have breakfast with him this morning? Heard he swims everyday in his private pool.....he didn't invite you?

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2022-02-28 16:00 | Report Abuse

If can maintain above RM 90 throughout the year..RM 1b profit...uuraaa

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-02-28 16:03 | Report Abuse

Sneaky.....you mean Oil at RM90 = USD22???????????? Wow, great maths!

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-02-28 16:05 | Report Abuse

Really don't need Netflix to be entertained by Comedians.....hehehehe

witan

774 posts

Posted by witan > 2022-02-28 16:06 | Report Abuse

@BennyWhittman nah he didnt invite me. I thought he invited you??

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-02-28 16:12 | Report Abuse

Sorry no, not close to any Russian mad monk "Ras-putin"........by Boney M..

Posted by adikhantamking > 2022-02-28 17:18 | Report Abuse

Accumulating ^^

zhangzuode

254 posts

Posted by zhangzuode > 2022-02-28 17:32 | Report Abuse

DragonG - I am flabbergasted that you remembered. Will share my thoughts in the blog in the next couple of days.

myongcc5

708 posts

Posted by myongcc5 > 2022-02-28 18:40 | Report Abuse

Very well written!

kakiminyak

231 posts

Posted by kakiminyak > 2022-02-28 19:48 | Report Abuse

ZhangZuode Disclaimer:

I wrote this myself without pay. I and my families own Hibiscus shares. This is not an advice to buy / sell Hibiscus or any other equities / securities / assets.

Thank you for writing I assume for your family and then shared with your greater family (investing public). You and your family deserve our Lord's blessings.

kakiminyak

231 posts

Posted by kakiminyak > 2022-02-28 19:57 | Report Abuse

Russia is a key oil and gas supplier, especially to Europe. While the latest round of sanctions do not target energy directly, experts say there will be significant ripple effects.

“The various banking sanctions make it highly difficult for Russian petroleum sales to occur now,” said John Kilduff, partner at Again Capital. “Most banks will not provide basic financing, due to the risk of running afoul of sanctions.”

Putin could also decide to retaliate against the U.S. and allies’ action by weaponizing energy and turning off the taps directly.

″[W]e do think a number of Western firms may decide that it is not worth the risk of continuing to do business with Russia given the uncertainty about enforcement and the trajectory of future coercive action,” RBC said Sunday in a note to clients.

https://www.cnbc.com/2022/02/27/oil-jumps-as-traders-fear-disruption-in-russias-energy-industry.html

kakiminyak

231 posts

Posted by kakiminyak > 2022-02-28 19:59 | Report Abuse

ZhangZuode Maybe an update to your article would be timely using $100/ barrel.

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-28 21:54 | Report Abuse

there is a slim chance of a peace treaty
if that happens
oil will crash tomorrow bringing Hibby down as well

its a very slim chance coz Putin prefers to kill his own Russian troops and destroy Russian economy

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-02-28 23:17 | Report Abuse

US want to use economic war against russia,.......do you think they will let oil price spike,.......russia will benefit the most if the oil rise,.....

izoklse

5,239 posts

Posted by izoklse > 2022-02-28 23:38 | Report Abuse

Russia will push oil price as high as possible to bring US economy into hyper-inflation and later put US economy into dangerous path of recession which Biden will try to avoid at all cause because US election is coming soon. Russia have the upper hand. Putin also can stop supply of gas to EU which use 40% of gas supply from Russia. That's the power of oil and gas. That is why EU and US wouldn't dare to use oil and gas as weapon. But Russia certainly can.

https://oilprice.com/Energy/Oil-Prices/Russias-War-Could-Cripple-US-Economic-Growth.html

izoklse

5,239 posts

Posted by izoklse > 2022-03-01 00:49 | Report Abuse

Goldman: Only Demand Destruction Can Keep Oil Prices From Rising

Only demand destruction could stop oil from rising to $115 over the next month due to the difficulties Russia will have in payments for its energy exports after the West removed some Russian banks from SWIFT after Putin invaded Ukraine, Goldman Sachs says.

https://oilprice.com/Energy/Oil-Prices/Goldman-Only-Demand-Destruction-Can-Keep-Oil-Prices-From-Rising.html

Posted by Sakolim1986 > 2022-03-01 07:40 | Report Abuse

Peacetalk failed in making any positive progress. War continues...

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-01 08:37 | Report Abuse

Hope sampai 2 dollar..

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-01 08:38 | Report Abuse

..and I kaya raya .. hahaha

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-01 09:08 | Report Abuse

Lol.. reverse gear

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