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 1 day ago

BennyWhittman

1,215 posts

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

Sharkie,......price already up?.......when did I abandon you? Didn't I held you hands and comfort you?....hehehehe

Baby Shark

5,914 posts

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

Will wait until Rm6.00.. even 5.99 I no sell

WinWin995

211 posts

Posted by WinWin995 > 2022-03-10 10:19 | Report Abuse

BennyWhittman: Read the news, but is not final confirm right? Secondly, it is unable to do immediately.

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:20 | Report Abuse

As mentioned earlier, little price fluctuations means nothing for the mid-term. And also Oil prices moving higher to 115, 120, 130....will not spike Hibby much at the moment (that was at 1.30)

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-10 10:21 | Report Abuse

I tunggu 1.12 hentam sikit.. chance to make BIG money

paktua73

18,415 posts

Posted by paktua73 > 2022-03-10 10:21 | Report Abuse

paktua standby to eat..
will eat fast paktua can..
wait below rm1.10


tut tut
below rm1.10 sapu

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:22 | Report Abuse

Win995, that's why the wild price fluctuations are from "floaters" and day traders or those afraid of Margins........Commodities prices moves gradually and smoothly, up or down.

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-10 10:23 | Report Abuse

paktua73

paktua standby to eat..
will eat fast paktua can..
wait below rm1.10


tut tut
below rm1.10 sapu

49 seconds ago

Pak Tua.. your stomach big

air01557

2,511 posts

Posted by air01557 > 2022-03-10 10:25 | Report Abuse

Paktua is a pure conman

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-10 10:27 | Report Abuse

UP AH !!
Together we shout

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:27 | Report Abuse

Tut tut man from his days at Bintai and Solution..........you can never cloak your sins!

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:28 | Report Abuse

Hibby is a pure fundamental stock......so we shall totally ignore some mosquitoes buzz or chicak squeaks......

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-10 10:29 | Report Abuse

Dear friends.. use shout can d, no need use money buy.. hahaha

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:32 | Report Abuse

Now, this is the closest figure to our own calculations........hahaha

(Profits projections already posted weeks ago)

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:34 | Report Abuse

Oil price.........Putin has command control........

newbie8080

2,751 posts

Posted by newbie8080 > 2022-03-10 10:48 | Report Abuse

@value_seeker
Your theory hold true if crude oil stays above USD70pbl.
Fyi, in 2020, crude was below NEGATIVE USD30 pbl.
Volatility is the name of the game.
Nothing is for sure and guaranteed.

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 10:59 | Report Abuse

In case you were holidaying on the Moon, Y 2020 was height of Covid-19 with all manufacturing and businesses grinding to an unprecedented HALT! Who the hell needed more Oil? It's all Supply and Demand.

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 11:01 | Report Abuse

Oil price falls back below $80.....STRONGLY SUGGEST everyone to cut loose all O&G....may even be too late!

This happening is close to a hippo jumping over a parked bus.

paktua73

18,415 posts

Posted by paktua73 > 2022-03-10 11:10 | Report Abuse

wah..01557 still miss paktua woo..
lai laa we meet maa..
let reveal who real conman..
paktua dare show trading record..

haha..talk here no use

tut tut
now paktua in amal valley
pandanjaya..
cone show your self

newbie8080

2,751 posts

Posted by newbie8080 > 2022-03-10 11:11 | Report Abuse

@BennyWhittman
While you are enjoying your CNY in 2020, will you even have the slight knowledge of what will happen to crude oil prices a few months down the road?

Kukubai

106 posts

Posted by Kukubai > 2022-03-10 11:13 | Report Abuse

Talk cock

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 11:26 | Report Abuse

This newbie has his head so far up his azz, he couldn't know our 2020 CNY was under lockdown and not much of any celebrations.

Kids....sigh!

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-03-10 11:29 | Report Abuse

Many open Contracts for Oil in 2020 were not honored. Shipments left out in open seas and ports. Buyers refused to take deliveries and Sellers were forced to dump stocks.

newbie8080

2,751 posts

Posted by newbie8080 > 2022-03-10 11:30 | Report Abuse

@BennyWhittman
Look at the dates. Have you mistaken?
https://www.nst.com.my/news/nation/2020/03/575180/14-day-movement-control-order-begins-nationwide-wednesday

GoodBoy

6,594 posts

Posted by GoodBoy > 2022-03-10 11:34 | Report Abuse

MELBOURNE (March 10): Oil prices rebounded on Thursday after the United Arab Emirates said it is committed to major producers' pact to add 400,000 barrels per day of supply monthly, hours after UAE's ambassador to Washington said his country favoured a bigger increase.

U.S. West Texas Intermediate (WTI) crude futures jumped more than $3 shortly after opening and were trading up $1.53, or 1.4%, at $110.23 at 2324 GMT. The contract had tumbled 12.5% in the previous session in the biggest daily decline since November.

UAE Energy Minister Suhail al-Mazrouei said on Twitter late on Wednesday his country is committed to the agreement by the Organization of the Petroleum Exporting Countries and allies, together called OPEC+, to ramp up oil supply gradually following sharp cuts in 2020.

"The UAE believes in the value OPEC+ brings to the oil market," al-Mazrouei said.

His comments came just hours after prices slumped on comments by UAE's ambassador to Washington that his country will be encouraging OPEC to consider higher output to fill the supply gap due to sanctions on Russia after it invaded Ukraine. Russia calls its incursion a "special operation" to disarm its neighbour.

While UAE and Saudi Arabia have spare capacity, some other OPEC+ producers are struggling to meet their output targets due to underinvestment in infrastructure over the past few years, which will limit their ability to lift output further.

"We think it will be challenging for OPEC+ to boost production in this environment," Commonwealth Bank commodities analyst Vivek Dhar said.

paktua73

18,415 posts

Posted by paktua73 > 2022-03-10 11:46 | Report Abuse

hahaha air1557 how are you..
who dont know him..
air1557 is fake player..
until now not even brave to take challenge
paktua was challenge him..
but never dare to take it


========================
Stock: [NOTION]: NOTION VTEC BHD
Aug 14, 2020 1:44 PM | Report Abuse

paktua detect hair1557 is virtual aka fake player..
after track his data on paktua legion..
after that he very angry to paktua



tut tut
dare take challenge..


Stock: [NOTION]: NOTION VTEC BHD
Aug 14, 2020 1:44 PM | Report Abuse

hahaha air1557 how are you..
to all if not know who air1557..
ask him to meet face to face..
he virtual trade aka fake player..

until now..
he never dare except paktua challenge..
to meet to prove Paktua con man..
or real red stock jedi..

he was paktua ex troops but left haft way
thats time hlt play around 0.59-0.705
paktua 3rd regiment earn huge at hlt
now no one burn any capital..



tut tut
try me if dare

======================

paktua always be here at below address..
alamat:
AMAL VALLEY
Pusat Komuniti Amal Halal Food,
No. 2G, Jalan Pandan 3/9, Pandan Jaya, 55100, Kuala Lumpur




tut tut
hahaha how air1557 prove your selves first

ks5S

4,601 posts

Posted by ks5S > 2022-03-10 12:07 | Report Abuse

buy. dont miss out to buy low price

air01557

2,511 posts

Posted by air01557 > 2022-03-10 12:16 | Report Abuse

Paktua I take up ur challenge - are you ready to come to KK Sabah?

VFTRADER

787 posts

Posted by VFTRADER > 2022-03-10 12:28 | Report Abuse

[without Repsol]
EPS per year = 9sen (PE=8) Share Price: RM0.72


[With Repsol] with extremely Low Base forecast
EPS per year =20sen (PE=8) Share Price: RM1.60

TRUE????

williamtkb

3,216 posts

Posted by williamtkb > 2022-03-10 12:29 | Report Abuse

Cut win already. Maybank IB cannot be trusted. TP rm1.90... This morning still have rm1.08 and IDSS suspended. LOL

rattynz

94 posts

Posted by rattynz > 2022-03-10 12:30 | Report Abuse

Oils on its way back up.. Approaching US$115..irrespective if Hibiscus is transacting oil around this price this month they will have a fantastic quarter. Gas has gone up even more and 30% of hibiscus output is now gas. Even for March if we look at their quoted production of 23k barrels oil equivalent (which I think this them being conservative) @ US$110 a barrel average for march take off that's 23*110*31*4.18= RM327 million.. When oil is relatively high (like back in 2018/19) there nett profit is around 25%.. So they make RM81 million in 1 month.. That's more than the entire Q2 profit.. In one month. But I'm also sure that they will be looking to increase production (originally when they bought repsol they siad an extra 18k barrels per day.. so maybe they are also being conservative at a total of 23k per day and not 27k)..so maybe we'll be surprised.. So what happens if you have cash reserves of RM550 Mil at Dec 21, make 200mill for Q1 2022, and make even more for Q2 2022.. If you have a billion ringitt in cash you think Dr Ken and Datuk Michael won't want some of it? Haven't seen any of them selling... I wonder why..

paktua73

18,415 posts

Posted by paktua73 > 2022-03-10 12:35 | Report Abuse

yes air1557..if to sabah dare to come but on our branch in kk..
we set on 15 april..


tut tut
pm paktua on messenger for adress

Dakewlest

1,754 posts

Posted by Dakewlest > 2022-03-10 13:29 | Report Abuse

Kenapa drop banyak today?

tiger2012

55 posts

Posted by tiger2012 > 2022-03-10 14:39 | Report Abuse

oil crash soon. run before too late

williamtkb

3,216 posts

Posted by williamtkb > 2022-03-10 14:45 | Report Abuse

Putie said Oil price will reach USD300. But I trust myself more cut win liao... Hahaha

Baby Shark

5,914 posts

Posted by Baby Shark > 2022-03-10 14:50 | Report Abuse

BUY !

citadel888

532 posts

Posted by citadel888 > 2022-03-10 15:00 | Report Abuse

later cut loss again

ks5S

4,601 posts

Posted by ks5S > 2022-03-10 15:04 | Report Abuse

tomorrow go up back to 1.30

abc333

1,525 posts

Posted by abc333 > 2022-03-10 15:13 | Report Abuse

sorry for those cut loss this morning, rebound, uptrend intact

ks5S

4,601 posts

Posted by ks5S > 2022-03-10 15:16 | Report Abuse

those sell already dont cry mama papa. huhuhu
faster buy back now

Posted by King_Musang > 2022-03-10 15:17 | Report Abuse

Oil Price up 30%, Hibiscus up only 15%, when oil crash 15%, Hibiscus drop 20%, apa daaa.. hahaha
Apa2 pon 25-May, Q3 (Jan-Mar) QR akan meletup, and then 25-Aug, Q4 QR (Apr-Jun) akan better than Q3.
So buy at weakness, collect slowly, TP1.5 then 1.7 before Dec-22.

smshahrom

37 posts

Posted by smshahrom > 2022-03-10 15:23 | Report Abuse

Oil Up, Boosted by UAE Commitment to OPEC+ Supply Plan

Posted by TheTruthHurt > 2022-03-10 15:25 | Report Abuse

Collect2 before too late. Apa malu bosskuuu

WinWin995

211 posts

Posted by WinWin995 > 2022-03-10 15:28 | Report Abuse

King_Musang : Apa2 pon 25-May, Q3 (Jan-Mar) QR akan meletup, and then 25-Aug, Q4 QR (Apr-Jun) akan better than Q3. (Agreed what you said ).

ks5S

4,601 posts

Posted by ks5S > 2022-03-10 15:34 | Report Abuse

sapu saja lah. jangan segan.

dragon328

2,356 posts

Posted by dragon328 > 2022-03-10 15:52 | Report Abuse

@kahhoeng, the calculation was correct. The actual net profit of RM48m for the Dec qtr was achieved based on average selling price of USD75/bbl for North Sabah but USD72.02/bbl for Anasuria. Then you will get gross profit of RM192m instead of RM201m calculated in example above based on USD75/bbl all.

Then you deduct RM93m of expenses and RM10m of interest costs, you get profit before tax of RM88.5m. Hibiscus paid an unusually high tax rate in the quarter with tax payment of RM40.2m so net profit is reduced to RM48m.

james70

327 posts

Posted by james70 > 2022-03-10 15:56 | Report Abuse

Today's fall to RM1.08 has closed the gap that was created on 14Mar in which Hibiscus opened at RM1.14 and had a low of RM1.13. That 3sen gap was bound to close and it did today. Today's gap RM1.34 to RM1.24 is also bound to be closed sooner or later.

paktua73

18,415 posts

Posted by paktua73 > 2022-03-10 16:25 | Report Abuse

sapa ada rasa nak hantuk dahi kat dinding??
hehe..


tut tut
now happy n relax time..
too who success buy lower only
hehe

2721

1,988 posts

Posted by 2721 > 2022-03-10 16:25 | Report Abuse

Unstoppable, lets limit up within 30mins...gogogo

ks5S

4,601 posts

Posted by ks5S > 2022-03-10 16:28 | Report Abuse

buy now. tomorrow open gap up kaw kaw

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