HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

Posted by Stayhomemum > 2022-03-16 10:42 | Report Abuse

whenever you reach the time you wanna cash out so badly, emotions all kicking in and you sold it, most likely you will regret it

VFTRADER

787 posts

Posted by VFTRADER > 2022-03-16 11:15 | Report Abuse

CQ1-2022 result will be out most probably in mid-May (another 40 working days)

My small wish is everyday up 1.8% until QR out.

Crystal Ball ---- Crystal Ball---- hehe!!

virginvin

35 posts

Posted by virginvin > 2022-03-16 11:53 | Report Abuse

Dynamic Price Threshold Upliftment - SEEHUP( 7053 )
Kindly be informed that Dynamic Price Threshold mechanism on stock SEEHUP( 7053 ) will be uplifted from 11:46 AM until 11:56 AM. During this period, orders can be matched within 30%/30 sen up and down of the Reference Price. The Reference Price is RM 1.12 and the upper and lower limit is RM 1.45 and RM 0.785 respectively.

ks5S

4,601 posts

Posted by ks5S > 2022-03-16 12:33 | Report Abuse

heading back to 1.30 soon. cepatlah beli. jangan malu malu

williamtkb

3,216 posts

Posted by williamtkb > 2022-03-16 14:18 | Report Abuse

Collect some back this morning after saw warrant buffet adding billions more on oil company.

Boringguy

1,045 posts

Posted by Boringguy > 2022-03-16 14:32 | Report Abuse

https://www.enanyang.my/%E5%9B%BD%E9%99%85%E8%B4%A2%E7%BB%8F/opec%E4%BF%84%E4%B9%8C%E6%88%98%E4%BA%89%E5%A8%81%E8%83%81%E7%9F%B3%E6%B2%B9%E9%9C%80%E6%B1%82%E5%92%8C%E6%8A%95%E8%B5%84

opec already warning...it look like my friend information is correct. my friend told me mostly next month onward will see the impact as more and more country is open up.. if china able to manage their covid situation... oil price will keep increase !

rattynz

94 posts

Posted by rattynz > 2022-03-16 14:44 | Report Abuse

Interesting that oil prices are heading back up. And it looks like will average we'll over US$100 for March. Will be interesting to see when hibiscus transact in March.. For Sabah fields they have an uplfut every 3 weeks or so at 300000 barrels a time.. So if they did uplift around March 10 that could have been at US$130+ a barrel.. They also command a US$5 premium in price over market because of the quality of Malaysian Crude.. Something also to be aware of. Looking at Q1 looks like they may average out at around $95 to $100 a barrel as production increased 3 fold with repsol kicking in 24 Jan when Brent was already knocking on $90 a barrel.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-16 14:46 | Report Abuse

US market different story.
US people questioning their government why not get oil from their own land aka start their own oil drilling.
but the start up cost is high, and government likely will support the project

ks5S

4,601 posts

Posted by ks5S > 2022-03-16 14:54 | Report Abuse

those sinkalan say oil price 80 lah 90 lah, where r they now?

Posted by Stayhomemum > 2022-03-16 15:02 | Report Abuse

hoot9e996, by the time the project got approved, research + drilling + gathering + filtering + transport, by then most likely automobile will be replaced by electrical, who still need oil. But at the moment, definitely there is a shortage if sanctions to Russia is not lifted.

paktua73

18,415 posts

Posted by paktua73 > 2022-03-16 15:08 | Report Abuse

time merah takut..
laa meleleh air liur ler..

tut tut
rehat time..

air01557

2,511 posts

Posted by air01557 > 2022-03-16 15:10 | Report Abuse

yes China markets rebound indicating their Covid situation under control.
Go Hibby Go

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-16 15:12 | Report Abuse

tomorrow another wave of people coming back in.
as long as oil price doesnt drop drastically. slowly maintain 80-100 range should be good enough

Posted by warrenchok90 > 2022-03-16 15:18 | Report Abuse

wowwww

VFTRADER

787 posts

Posted by VFTRADER > 2022-03-16 15:31 | Report Abuse

Normal demand for oil is back to pre-covid level.

However, the demand for Jet fuel is still below 50% compare to pre-covid level.

So, any oil shortage??

ks5S

4,601 posts

Posted by ks5S > 2022-03-16 15:59 | Report Abuse

missile launch very strong.

Boringguy

1,045 posts

Posted by Boringguy > 2022-03-16 16:05 | Report Abuse

shortage or not i not sure.. the major issues at oil industry is lack of investment... if you notice only oil production company will be benefit and those maintenance and support contract company is not moving.. is because the cake size is that big.. who get the right price who will win...Hibicuss you can check they management team and those team leader profile and history you will notice most of them at oil industry more than 10 years.. they have go thru the cycle... the transition on the new energy won't be so smooth as the raw material is increase... current the war between russia and ukrian is unexpected it will happen...cause normally ppl just talk only won't action but this putin crazy person really talk and attack..

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

Heavily discounted Russian crude is flooding the MARKET

ks5S

4,601 posts

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

the technical chart indicate shooting star

Boringguy

1,045 posts

Posted by Boringguy > 2022-03-16 16:40 | Report Abuse

https://www.ft.com/content/654b3cb4-f98c-49d5-bd80-0b87260b14f1

UK government looking to increase north sea production which hibcuss have 50%

twynstar

361 posts

Posted by twynstar > 2022-03-16 16:50 | Report Abuse

How Oil Could Hit $200 And Beyond


Physical oil trading is a complex business that involves multiple layers of transactions and counterparties. So even where Russian crude is still technically legal to trade, the sanctions package in many cases has gummed up the inner-workings of the trade to the point of killing the market.


https://www.investing.com/analysis/how-oil-could-hit-200-and-beyond-200619833

Posted by DatoChiakaLiau > 2022-03-16 19:33 | Report Abuse

Micheal Tang knows the QR result is soooooo good he can't help to keep buying from open market.

sonyx123

656 posts

Posted by sonyx123 > 2022-03-16 21:16 | Report Abuse

but the other director keeps sellinggg

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-16 21:24 | Report Abuse

must got sellers then only can buy.
what happens when no seller only buyer.... ROCKET bro....
eyes on supermx, for now that company share buyback really strong everyday buying back....
just waiting for 1 day those sellers dont have any tickets to sell anymore

look at those counters with no seller... suddenly 1 big buaya come in buy all
share price shoot up kao kao, then bilis starts chasing

maestro85

248 posts

Posted by maestro85 > 2022-03-16 23:07 | Report Abuse

peach talk accellerating runnn

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-16 23:17 | Report Abuse

peace talk is good, stabilize the oil price

twynstar

361 posts

Posted by twynstar > 2022-03-16 23:22 | Report Abuse

How Oil Could Hit $200 And Beyond (Part II)


https://www.investing.com/analysis/how-oil-could-hit-200-and-beyond-part-ii-200620035

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-16 23:33 | Report Abuse

peace talks sure is weird,
earlier says he admits he cant join NATO, then go ask NATO to do more.....
cant wait for putin just PUT zelensky in place.... guy having mood swing everyday.

maestro85

248 posts

Posted by maestro85 > 2022-03-16 23:53 | Report Abuse

Us oil counters all drop. Considering how gullible bursa is, hibiscus sure down

twynstar

361 posts

Posted by twynstar > 2022-03-17 00:43 | Report Abuse

Crude oil is going back to $40-$50 a barrel: Analyst


https://finance.yahoo.com/video/crude-oil-going-back-40-154932882.html

OKU_2020

4,811 posts

Posted by OKU_2020 > 2022-03-17 05:50 | Report Abuse

Yes history repeat
Collapsed back to USD 40
... Dead rat

freddiehero

16,715 posts

Posted by freddiehero > 2022-03-17 07:10 | Report Abuse

lobster time..

ks5S

4,601 posts

Posted by ks5S > 2022-03-17 07:51 | Report Abuse

40-50 if inflation adjusted.....backwards.

ks5S

4,601 posts

Posted by ks5S > 2022-03-17 07:52 | Report Abuse

....including inflation (devaluation) its gonna settle near 70-90 a barrel

air01557

2,511 posts

Posted by air01557 > 2022-03-17 09:23 | Report Abuse

Peace talks will amount to nothing (at least for now) hence oil rise back to $120 by next week.

rattynz

94 posts

Posted by rattynz > 2022-03-17 09:55 | Report Abuse

Boris Johnson has also gone home from Saudi with his tail between his legs.. Which also means UK will now fastrack ramping oil production in the north Sea.. And hibiscus just happens to have 43 million barrels with Marigold.. Which is now worth a huge amount more.. I also think they'll be another supply crunch. Buffet doesn't by Oil unless he knows what's coming ;)

kakiminyak

231 posts

Posted by kakiminyak > 2022-03-17 10:46 | Report Abuse

With covid cases rising steeply in china which is still using lockdowns to contain the spread, we may have a dampener on demand in the following weeks and months. There may be a correction and stabilization in the $70 - $80 range before rebounding from mid year onwards to $100 and beyond. Not to mention China and India are buying oil at a big discount from Russia which will also affect the broader market. Lots of uncertainty over the next few months. But definitely looks brighter over the longer term. I will hold and just let whatever happen to happen. No use trying to time this market. Too difficult. I don't need the headache.

newbie8080

2,751 posts

Posted by newbie8080 > 2022-03-17 11:05 | Report Abuse

@kakiminyak,

Yup, crude should stabilize between USD70-USD80 range. Initially surge was based on Russia turning off the tap. Well, now we know Russia can't afford that as it's is their only source of major revenue currently due to massive global ban in many sectors. If Russia's 7mil barrel per day only goes to China,India and EU, it would free up between 2-3 mil barrels (taken into account US had banned crude imports from Russia) for other main sources eg: Saudi,Canada,etc for other countries.

Boringguy

1,045 posts

Posted by Boringguy > 2022-03-17 11:23 | Report Abuse

Just to share the oil production is base on the average price per month..
For January to March the average price is around 96USD.. so how much will hibicus will earn without new production on board ? and how much will hibiscuss earn extra profit after new production? https://www.investing.com/commodities/brent-oil-historical-data
according to my friend the ordering process cycle is about 3 months, it mean country will buy 3 months oil in advance... forecast from my friend base on the volume and cycle.. the oil price for coming month still around 85 to 90 provider the peacetalk is happen, if by july onward the tension getting high and the sanction no lift up.. august onward the oil and gas price will shoot.. because euro country prepare winter time....i do ask will the oil price back to 60 below... he told me unlikely because most of the country don't want get involve this issues because very dangerous and create the situation getting worst

Posted by Stayhomemum > 2022-03-17 14:25 | Report Abuse

'Buffett Buys Again: Berkshire Hathaway Boosts Its Stake in Occidental Petroleum to 14.6%'
https://www.barrons.com/articles/buffett-berkshire-hathaway-occidental-51647481982?siteid=yhoof2

twynstar

361 posts

Posted by twynstar > 2022-03-17 15:00 | Report Abuse

New Lockdowns In China Could Derail Oil Demand Growth


“More widespread lockdowns will weigh on mobility in the coming weeks,” according to an Energy Aspects note this week cited by Bloomberg. Energy Aspects reduced its oil demand estimate for China by 170,000 barrels per day (bpd) for the first quarter and by 130,000 bpd for the second quarter.


https://oilprice.com/Energy/Crude-Oil/New-Lockdowns-In-China-Could-Derail-Oil-Demand-Growth.html

rr88

6,532 posts

Posted by rr88 > 2022-03-17 15:03 | Report Abuse

Your KUDA no run today? How to run oil coming down to usd80. I told u tp 0.845. Sell/stay away.

newbie8080

2,751 posts

Posted by newbie8080 > 2022-03-17 15:06 | Report Abuse

@Stayhomemum

Read the fine lines.
Buffet owns preference shares that grant him 8% dividend yield.
This flower dividend yield is ...................

twynstar

361 posts

Posted by twynstar > 2022-03-17 15:07 | Report Abuse

High Jet Fuel Prices Can’t Curb Consumers’ Insatiable Demand To Fly


Delta Air Lines CEO Ed Bastian chimed in with, "We've not seen a stronger demand ... in my career."


In February 2022, U.S. domestic flight bookings returned to pre-COVID levels, the Adobe Digital Economy Index showed on Tuesday. Actual bookings were up by 4 percent over 2019 levels, while revenue was 6 percent higher, due to inflation in ticket prices, according to the analysis.


https://oilprice.com/Energy/Energy-General/High-Jet-Fuel-Prices-Cant-Curb-Consumers-Insatiable-Demand-To-Fly.html

Posted by Stayhomemum > 2022-03-17 15:11 | Report Abuse

@newbie8080

thanks for pointing it out

VFTRADER

787 posts

Posted by VFTRADER > 2022-03-17 15:12 | Report Abuse

Mkt will be surprised by the much much higher margin from selling Gas compare to Oil for Hibis biz in CY2022. Stay tune.....

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 15:38 | Report Abuse

wow oil go back 100, all rush to buy again?

VFTRADER

787 posts

Posted by VFTRADER > 2022-03-17 15:40 | Report Abuse

If look at their QR, can notice the selling price for Gas in their UK biz although is juz a small value....

Post a Comment