Posted by ks5S > 2022-03-15 17:04 | Report Abuse

tomorrow missile launch

Posted by williamtkb > 2022-03-15 17:09 | Report Abuse

China lockdown again... Market sentiment not good as worries China consume lesser oil and China selling oil and gas to Europe... So the price unlikely to rocket up even missiles launch.

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

collapsed !

Posted by Yezzy99108 > 2022-03-15 17:20 | Report Abuse

never fall in love with this counter. Smart money is cashing out when ATH past 2 weeks. And this counter will probably never live up to the IB TP1.7 / 2. The truth gonna hurts

Posted by ks5S > 2022-03-15 17:23 | Report Abuse

i love hibiacus. bunga berkembang

Posted by Boringguy > 2022-03-15 17:26 | Report Abuse

just to share... who my friend is working oil and gas trading....they said they are worry Russia production shutdown due to sanction and less demand from russia oil.. if they really shut down it will cause big issues to the oil market because russia contribute 10% to the market..beside that now some of the oil production no able to pump the oil on precovid time.. this because previous lock down, less investment and some of the maintenance raw material increase price... so they are forcesee the oil price will going higher and highest... Note oil production shut down is not easy to start again.. need more investment into the production and now russia is difficult to get fund to maintenance and investment their production line..

Posted by WinWin995 > 2022-03-15 17:33 | Report Abuse

Yes, agree with @Boringguy, what he said is true!

Posted by ks5S > 2022-03-15 17:52 | Report Abuse

i luv hibby bcos it is making huge profit soon. Hibby is worry free for. me

Posted by virginvin > 2022-03-15 18:16 | Report Abuse

0.95 support line
take care dude

Posted by apple168 > 2022-03-15 18:38 | Report Abuse

Haha… win big by shorting hibiscus… TQVM

Posted by apple168 > 2022-03-15 18:40 | Report Abuse

TP 0.8+

Posted by Boringguy > 2022-03-15 18:40 | Report Abuse

one more thing shared by my friend... as for now some of the euro country still buying the russia oil but sanction russia infra investment.. this we so call want horse run don't want let horse eat grass..

Posted by OKU_2020 > 2022-03-15 19:09 | Report Abuse

brent collapsed below100....
falling dagger

Posted by 8dragon > 2022-03-15 19:58 | Report Abuse

Crude oil price will eventually falls to 80...Hibiscus share is expensive and reasonably should trade below 0.90.

Posted by Moon > 2022-03-15 20:00 | Report Abuse

hi, Boringguy....in other word, share price will fall further.

Posted by Moon > 2022-03-15 20:00 | Report Abuse

??

Posted by maestro85 > 2022-03-15 20:08 | Report Abuse

70sen incoming

Posted by OKU_2020 > 2022-03-15 20:16 | Report Abuse

dead rat....

Posted by paktua73 > 2022-03-15 21:25 | Report Abuse

hibiscus ni masa lepas..
paktua sangkut lama woo kat rm0.99
lama woo masa 2020 baru dpt kuar n
hold bawah rm0.45..
so laa relax jerlaa..
selagi above usd75..


tut tut
byk kenangan manis dgn bungaraya ni
since 2017

Posted by ks5S > 2022-03-15 21:59 | Report Abuse

those panic sell today, sure regret tomorrow

Posted by ks5S > 2022-03-15 22:00 | Report Abuse

pak tua, kasi sikit pantun untuk bunga raya ini

Posted by hoot9e996 > 2022-03-15 22:01 | Report Abuse

no no, those panic sell today, will be happy to catch tomorrow. oil price fell below 100 now unless tomorrow rebound.

Posted by Mermaid123 > 2022-03-15 23:10 | Report Abuse

Bungaraya....most probably will fall below 0.95….Or lower tomorrow

Posted by Mermaid123 > 2022-03-15 23:13 | Report Abuse

Oil price already down more then USD 8....now

Posted by maestro85 > 2022-03-16 00:12 | Report Abuse

another massive drop tomorrow.

Posted by OKU_2020 > 2022-03-16 02:20 |

Post removed.Why?

Posted by OKU_2020 > 2022-03-16 02:26 | Report Abuse

Oil prices dropped 30% in a week. What gives?
Julia Horowitz byline
By Julia Horowitz, CNN Business

Posted by williamtkb > 2022-03-16 07:12 | Report Abuse

Is it a good entry if below rm1 today?

Posted by warrenchok90 > 2022-03-16 07:23 | Report Abuse

no

Posted by apple168 > 2022-03-16 07:30 | Report Abuse

Brent oil USD 98!

Posted by i3lurker > 2022-03-16 07:56 | Report Abuse

Hang Seng had dropped from 24,500 plus on 15th Feb 2022 to as low as 18,200 on 15th March 2022
many had margin calls and they did the necessary evil.
They sold down their profitable counters or sold off those that dropped less.
Hang Seng had since gone back up to 18,800
The worst of the China lockdown margin calls are over..... hopefully....

Posted by value_seeker > 2022-03-16 08:14 | Report Abuse

Those who have seen stock market fluctuation from glove to oil from previous price uptrend will know current choppy trading is the nature of stock movement. Market is still tight with low reserve to tap for increase demand. Market will most likely move up in longer term and this will only be capped once the fundamental of oil demand and supply change.

Posted by value_seeker > 2022-03-16 08:16 | Report Abuse

The investors who sold earlier make good trading profits while those who are still in the market are those who uncomfortable to do trading decision. Who will earn more in these time. Opportunity or risk aversion.

Posted by LossAversion > 2022-03-16 08:30 | Report Abuse

@value_seeker, Both, Opportunists and Risk Averse People = Smart Investors

Posted by value_seeker > 2022-03-16 08:33 | Report Abuse

Which one are you? For this Hibiscus.

Posted by twynstar > 2022-03-16 08:36 | Report Abuse

will accumulate around 88 - 90 sen

Then will hold till 2026

Posted by value_seeker > 2022-03-16 08:41 | Report Abuse

Dont hold all until 2026. We are now in transition to renewal energy and clean energy. Follow good leader and management. Buy and sell as the market react to movement. Hibiscus should be good but is high and what is low. The price increase should still be strong and need to wait until next quarter result out to see the potential of share. I am holding till next result to decide with sell over a period of time or buy if the momentum is strong.

Posted by Stayhomemum > 2022-03-16 08:41 | Report Abuse

oil price fluctuating at $100 , even war gonna stop, sanctions are not going to lift as soon.

Posted by value_seeker > 2022-03-16 08:43 | Report Abuse

Even at 100 per barrel of USD, Hibiscus PE will be very low. PE does not determine share price but it will influence the buyers decision. All to decide.

Posted by LossAversion > 2022-03-16 08:47 | Report Abuse

@@value_seeker, both!! He, he, waiting low to get in again, and again after pocketing!

Posted by KingKong_Doll > 2022-03-16 08:56 | Report Abuse

Pecah RM1.....saya beli lagi.....LOL

Posted by KingKong_Doll > 2022-03-16 09:00 | Report Abuse

To king kong, this is blessing in disguise. Like I said, not good for brent oil above $100 for few short months. I rather have it at $80-$90 all year long. Why? Because this is where hibiscus can make a comfortable profit but yet it deter others O&G player from investing more for expansion. Just like gloves, when the margin is si beh good, everyone jump into the bandwagon and true enough, it collapse.

Posted by paktua73 > 2022-03-16 09:23 | Report Abuse

morning..so today will closed green?
paktua strong felling thats will closed green..
hehe



tut tut
dah telan berlori-lori..
cakap pun semua green green..
adat org holding..
hehe

Posted by twynstar > 2022-03-16 09:47 | Report Abuse

Why I will hold till 2026 :

1) The new 2022-2026 mission of hibiscus is to grow daily net production to 35,00-50,000boe/day by 2026. This can be achieved with Teal West Project, Marigold Project and another acquisition of valuable asset in Southeast Asia.

2) hibiscus able to generate positive cash flow if Brent price more than USD 30/bbl

3) hibiscus able to generate net profit if Brent price more than USD 40/bbl

4) I believe the Brent price will stay above USD 70 /bbl for next 3 years due to prolonged underinvestment in O&G industry

5) With daily net production of 35,00-50,000boe/day and average realised selling price above USD 70/bbl, I think Hibiscus able to reach RM 3.00 by 2026

6) I will achieve my goal of financial free if hibiscus can reach RM 3.00. I just need to hold till 2026 without do frequent trading. I just need to monitor progression of Teal West Project and Marigold Project

Posted by paktua73 > 2022-03-16 10:04 | Report Abuse

good reason @twynstar..
no wrong to aim higher..
with all fa good presentation..
is practical to dream rm3.00..
just..
for paktua..
hibiscus need pass..
rm1.80-rm2.00 this year..

for paktua practical price only rm1.35-1.50..
need more reason if need to climb above rm1.50..
any way let time to decide..
we do n play on what we understand n expert..
never follow blindly..never trust anyone..
do own home work..
practice try n learn..never give up..
thats real FA perimeters..



tut tut
tak kata ia mustahil..
cuma be sedar diri..

Posted by MM78 > 2022-03-16 10:07 | Report Abuse

There is some logic in KingKong Doll's logic , super profit attracts fast and eventual over investment in a sector like what happened to the glove industry but not every sector has the same start up time frame . Oil and Gas sector is more complicated than glove manufacturing from exploration to eventual production. It would take years ( 5-7 years ? ) from exploration to production in the new oil fields. Hibiscus' Marigold oil field is an example. Hibiscus' strategy of buying brown field is a fast forward strategy and it seems the management is good at that at right timing and price more so for strategic move to get more gas production in its portfolio.

Posted by Boringguy > 2022-03-16 10:23 | Report Abuse

Ya... a lot investor like to compare oil and glove sector...track back previous record.. when oil hit 75 to 80..hibiscuss price hit 1.35...now the share is double up and production volume is double as well... when current brent price around 80 to 100, hibiscuss will enjoy good profit... glove sector can built and ready within 1 years..is proof by none glove sector... oil and gas need more time and more money plus license to operate...as long oil price stay 60 above is make good profit...

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

hahaha the same apple168 shouting to short hibiscs and brent oil since USD90+. now talk cock saying win big. what a joke

Posted by air01557 > 2022-03-16 10:36 | Report Abuse

yes

Posted by air01557 > 2022-03-16 10:37 | Report Abuse

yesss Hibby on the rebound as expected