Posted by BennyWhittman > 2022-03-02 16:49 | Report Abuse

Oil had broken $100 and taken a connecting flight from Hong Kong to LAX, California, ran a marathon, stayed at Vegas, departed LAX and a direct flight back to KLIA..........now only you know?

Posted by BennyWhittman > 2022-03-02 16:52 | Report Abuse

Hibby, if possible please stay at 1.22-1.23 for next 2 weeks. Want to see those coming in for quick, free lunch cut loss.......we are not suckers to hold tickets and price for you.

Posted by Yezzy99108 > 2022-03-02 16:53 | Report Abuse

HIB no movement when oil at ATH. No word to describe

Posted by BennyWhittman > 2022-03-02 16:59 | Report Abuse

IB can use, we are all billionaires.....on the contrary, IB cannot use, that's why they are the Billionaires.......hahahahahahahahahahaha

Posted by BennyWhittman > 2022-03-02 17:03 | Report Abuse

To those who chased this morning at 1.27-1.29, congratulations!..........you are the new sucker bilis!

You hold tickets with us or you cut losses....hahahahahahahaha

Posted by BennyWhittman > 2022-03-02 17:04 | Report Abuse

No such thing as a Free Lunch!

Posted by PatienceWin > 2022-03-02 17:47 | Report Abuse

whole world oil counter fly to moon but bursa oil counter still stagnant embarrassing btul hahaha

Posted by twynstar > 2022-03-02 17:52 | Report Abuse

@zhangzuode

Actually, when to sell is more difficult than when to buy.

As short term investor/speculator, we might consider to take profit if we think we can time the stock/oil market and beat the average retail investor/speculator. Then wait for another opportunity for lower entry point.

As long term investor, we might consider to sell Hibiscus if we think :
1) Hibiscus is overpriced
2) We got better investment plan with the money we sell Hibiscus

As long term investor, I think Hibiscus still undervalued at current market price. The management team plans to increase net oil/gas daily production to 35,000 ~50,000 boe/day by 2026. With estimated average realised selling price of USD 70-80 per barrel and daily net production of 35,000 ~50,000 boe/day, I wont surprise to see Hibiscus at RM 3 to RM5. I believe that the trend of Brent price will repeat 2011-2014 pattern ( higher and longer) due to prolonged underinvestment. I also quite confident in Hibiscus management team and I will hold till at least 2026

I might consider to sell Hibiscus when:
1) Hibiscus is not undervalued, may be if Hibiscus skyrockets to RM 2.50 ( market cap of RM 5 billions and historical highest price was RM 2.74) within 6 to 12 months,
2) reaching my target price which help me to achieve financial free.


There is a good article from Howard Marks, Oaktree capital. Worth to read.

Selling Out

https://www.oaktreecapital.com/docs/default-source/memos/selling-out.pdf?sfvrsn=5a4f7166_11

Posted by meistsk3134 > 2022-03-02 19:39 | Report Abuse

anybody can tell me why epf selling the price share will increase. when epf acquired, price will drop

Posted by Jerichomy > 2022-03-02 20:34 |

Post removed.Why?

Posted by ks5S > 2022-03-02 21:06 | Report Abuse

very hungry shark accumulating. once full: it will push up like launching missile

Posted by Jerichomy > 2022-03-02 21:08 | Report Abuse

No hungry shark?only you

Posted by kahhoeng > 2022-03-02 22:13 | Report Abuse

Time to fly towards 1.50 tomorrow?

Posted by BeeNeutral > 2022-03-02 22:15 | Report Abuse

https://www.cnbc.com/2022/03/02/russia-ukraine-crisis-opec-to-decide-on-oil-production-policy.html

Posted by ks5S > 2022-03-02 22:23 | Report Abuse

tomorrow 100 % confirm missile successful launch

Posted by Zolan2020 > 2022-03-03 00:01 | Report Abuse

relax... see those plantation stock. just recently rocket . after cpo breach 6000 mark

Posted by Zolan2020 > 2022-03-03 00:02 | Report Abuse

oil just breach 100 mark. let it run first.

Posted by richmao > 2022-03-03 00:03 | Report Abuse

OPEC+ agrees gradual output hike despite oil price rally, intensifying Russia supply fears.
OKAY Oil can start to drop now.

Posted by tiger2012 > 2022-03-03 00:15 | Report Abuse

you are right richmao. see bloodbath tomorrow. open 1.10

Posted by kakiminyak > 2022-03-03 02:05 | Report Abuse

26th OPEC and non-OPEC Ministerial Meeting concludesNo 06/2022
Vienna, Austria
02 Mar 2022
Following the conclusion of the 26th OPEC and non-OPEC Ministerial Meeting, held via videoconference on 2 March 2022, and based on internal consultation held exclusively by the OPEC and participating non-OPEC oil-producing countries in the Declaration of Cooperation of (DoC), it was noted that current oil market fundamentals and the consensus on its outlook pointed to a well-balanced market, and that current volatility is not caused by changes in market fundamentals but by current geopolitical developments.

Posted by bullmarket1628 > 2022-03-03 06:25 |

Post removed.Why?

Posted by Coiffure > 2022-03-03 07:19 | Report Abuse

open high and close low
maintenance it's traditional
short 9 this LP counter.

Posted by csan > 2022-03-03 07:20 | Report Abuse

At USD115 oil, there is no doubt we are looking at RM1 billion profit. It's a matter of time before share price increases significantly. But to make a lot money, there needs to be more fearful holders.

Posted by supermx2 > 2022-03-03 08:44 | Report Abuse

This stock likely to limit up anytime this week or next week.

Posted by imvu > 2022-03-03 09:10 | Report Abuse

limit up ?

Posted by abc333 > 2022-03-03 09:30 | Report Abuse

if up 3 cent is limit up , yes , sure it can.

Posted by PepGuardiola > 2022-03-03 09:32 | Report Abuse

why i3 change layout. Not user friendly. Atleast give us a choice to choose new layout or not

Posted by Apple2353 > 2022-03-03 09:36 | Report Abuse

prefer the previous layout..

Posted by richmao > 2022-03-03 09:38 | Report Abuse

Eh I typo. i mean up otw, if ntg happens, it got chance to to break 1.2 by next week since OPEC stay course on oil production. But bear in mind, HIB price might not follow as we buying company EQUITY instead of the real COMMODITIES. If want to huat go LONG Position on Brent oil CFD contract.

Posted by winmal > 2022-03-03 09:39 | Report Abuse

OIL USD 120 coming... intensify russia invasion

Posted by air01557 > 2022-03-03 09:41 | Report Abuse

anytime now will shoot up - Brent already at 117

Posted by chongming > 2022-03-03 09:43 | Report Abuse

oil crazy bulls

Posted by chongming > 2022-03-03 09:43 | Report Abuse

gold also bull

Posted by Sneakpeek > 2022-03-03 09:49 | Report Abuse

Shorts vs longs..who will cave first

Posted by Sneakpeek > 2022-03-03 09:59 | Report Abuse

Pchem on 'fire'..more syok

Posted by air01557 > 2022-03-03 09:59 | Report Abuse

yesss Hibby is on the move ......

Posted by winmal > 2022-03-03 10:04 | Report Abuse

Brent Oil USD 118

Posted by BennyWhittman > 2022-03-03 10:18 | Report Abuse

OPEC showed middle finger to Biden again.....yesterday.

Posted by ks5S > 2022-03-03 10:42 | Report Abuse

today closing is 1.30

Posted by kahhoeng > 2022-03-03 10:46 | Report Abuse

when crude oil crossed 100 a few days back, hibiscus saw a high of 1.3x. Now, brent crude crossed 116, hibiscus can't even reach 1.40???

Posted by derrtan > 2022-03-03 10:54 | Report Abuse

Oil from USD92 3 days ago gaining USD26..hibicus not moving

Posted by zhangzuode > 2022-03-03 10:57 | Report Abuse

twynstar, thank you for reading. Sorry for not capturing your comment earlier as my visit here is infrequent.

Yes, indeed selling is much harder than buying. And noted the very good points on the potential of Hibiscus.

Posted by Nasrim > 2022-03-03 11:02 | Report Abuse

follow oil up..

Posted by Nasrim > 2022-03-03 11:02 | Report Abuse

oil up..

Posted by tiger2012 > 2022-03-03 11:04 | Report Abuse

bye hibiscus. ready let shark tp

Posted by winmal > 2022-03-03 11:07 | Report Abuse

Plantation have been moving more than 50% ... but OG still not catch up rally on USD 110 oil price

Posted by ks5S > 2022-03-03 11:08 | Report Abuse

man man climb up. slow and easy win the race

Posted by ks5S > 2022-03-03 11:12 | Report Abuse

hibby is the best counter in bursa. who don't buy really so chai.

Posted by rr88 > 2022-03-03 11:17 | Report Abuse

Itu oil sama sawit oil market sulah manyak tinggi lar. Hibiscus 0.70 - 1.25 oredy. Tsh 1.10 - 1.70 oredy. Oil 120usd, sawit oil rm8,000. Gila. You buy during gila2 time, you will stuck at penthouse unit i tell you.

Posted by billyrave > 2022-03-03 11:42 | Report Abuse

hi, can some one explain what this is?
THE MANDATORY CONVERSION AND LAST DATE FOR THE CONVERSION OF CRPS-T2
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=214238&name=EA_DS_ATTACHMENTS