Posted by Titanium > 2022-05-09 12:36 | Report Abuse

is this the same rr that keep on saying hibiscus going to crash back to 80c? Now giving target price of RM2.40?????

Posted by derrtan > 2022-05-09 13:26 | Report Abuse

rr88 get loss please....sinkalan...we are fine here without you.

Posted by birdparadise > 2022-05-09 14:53 |

Post removed.Why?

Posted by tiger2012 > 2022-05-09 15:02 | Report Abuse

Aiyo why so weak 1.42 reverse to 1.4. luckily i sold all 1.43. now i buy popcorn watch show lo

Posted by tiger2012 > 2022-05-09 15:25 | Report Abuse

1.39 aiyoyo

Posted by BeeNeutral > 2022-05-09 15:37 | Report Abuse

Managed to accumulate a bit more at 1.39

Posted by kokchengkai > 2022-05-09 15:50 | Report Abuse

tiger2012 u really super luckyli ..jst few transaction done in 1.43 n luckyly u r the one of them ....hahahahaha

Posted by skc1496 > 2022-05-09 15:52 | Report Abuse

why everyone selling ??

Posted by BeeNeutral > 2022-05-09 16:11 | Report Abuse

Getting abit more at 1.36

Posted by tiger2012 > 2022-05-09 16:13 | Report Abuse

1.36 runnn

Posted by Mixologist > 2022-05-09 16:28 | Report Abuse

The party’s over?

Posted by tiger2012 > 2022-05-09 16:29 | Report Abuse

long over lo. some people refuse to admit. thats why always catch falling knives

Posted by tiger2012 > 2022-05-09 16:31 | Report Abuse

When HLIB come out 1.8 target price its over.

Posted by derrtan > 2022-05-09 16:35 | Report Abuse

should have known it is going to fall when rr88 come to this forum

Posted by BeeNeutral > 2022-05-09 16:43 | Report Abuse

Accumulated a bit more at. 1.36 again

Posted by TheTruthHurt > 2022-05-09 16:44 | Report Abuse

QR havent come out want to run? Need to be patient for bigger Ang Pau!!!

Posted by ks5S > 2022-05-09 16:56 | Report Abuse

insider told me hibiscus make 100 MIL this quarter

Posted by ks5S > 2022-05-09 16:56 | Report Abuse

missile launch tomorrow

Posted by tiger2012 > 2022-05-09 17:02 | Report Abuse

if you have insider news you wont tell us already quietly sell house sell car sell wife to buy lo.

Posted by ks5S > 2022-05-09 17:04 | Report Abuse

I already sold everything except my underwear to buy

Posted by Mixologist > 2022-05-09 17:13 | Report Abuse

Source: “trust me, bro”

Posted by tiger2012 > 2022-05-09 17:35 | Report Abuse

"WTI crude futures bottomed around $108.50 per barrel, a dramatic reversal from its daily highs of $110.50, amid lingering concerns about weakening global demand outlook in the face of slowing economic activity, particularly from top consumer China due to tightening lockdowns. Adding to the bearish tone, European Union countries are struggling to agree on a ban on Russian oil, with some countries, such as Hungary and Slovakia, concerned about the repercussions of such a move on their economies. Meanwhile, investors also assessed Saudi Arabia’s move to cut prices for buyers in Asia. State-controlled Saudi Aramco lowered prices for the first time in four months, reducing its Arab Light grade for next month’s flows to $4.4 per barrel above its benchmark."

Sooooooooooo sad la why didnt run earlier.

Posted by kahhoeng > 2022-05-09 17:57 | Report Abuse

thought i can start writing where's my 1.70 beginning today, guess will have to continue with my where's my 1.50 for now...

Posted by VTrade > 2022-05-09 18:31 | Report Abuse

Buy 140 sell 143.
Now 136-137 , still sad ?

Posted by KingKong_Doll > 2022-05-09 18:42 | Report Abuse

I have long said that I don't nd Brent to be above 100. I would prefer it to be around 80-90 for 4 yrs rather above 100 just for 4Q. U know the difference o not small boy??

Posted by ks5S > 2022-05-09 18:49 | Report Abuse

turbo start tomorrow

Posted by ks5S > 2022-05-09 18:55 | Report Abuse

moving towards may bank tp 1.70

Posted by tiger2012 > 2022-05-09 19:09 | Report Abuse

Sad for those never run la. i prepare bullet buy again lo. Crude dropped to 107 d so kesian

Posted by VTrade > 2022-05-09 20:03 | Report Abuse

Tiger, tapi henyuan low low stream pun manyak strong.
Bunga raya tak sekeras besi

Posted by tiger2012 > 2022-05-09 22:41 | Report Abuse

so sad crude is now 105. why so greedy. got profit then sell lo

Posted by twynstar > 2022-05-09 23:03 | Report Abuse

Full report of Hong Leong research 09/05/2022

https://www.hlib.hongleong.com.my/Published/Download.ashx?ArticleId=18666&mode=view

Posted by BeeNeutral > 2022-05-09 23:18 | Report Abuse

https://www.cnbc.com/2022/05/09/dan-loeb-dodged-aprils-big-sell-off-and-is-finding-opportunities-in-energy-cyclical-stocks.html?__source=androidappshare

Posted by tiger2012 > 2022-05-09 23:52 | Report Abuse

crude oil 104...

Posted by tiger2012 > 2022-05-10 08:09 | Report Abuse

crude oil 102...

Posted by Titanium > 2022-05-10 08:27 | Report Abuse

Gone apple but come a tiger......laugh die me.
Why it goes back up to 105, u no report leh? As long it is above USD 100, Hibiscus going to fatt until like pig head. Please remember they don't sell oil on daily basis la. So no need track the oil everyday, every hour oe every minute. Just guai guai sit quietly till end of May.

Posted by newbie8080 > 2022-05-10 09:50 | Report Abuse

@twynstar

Thanks for the HLIB report.
Good insight but the IB seems to have a lower net profit forecast for 2022.
Was expecting between rm400mil to rm450mil based on average USD90 pbl for fy2022
Unless, the earnings are based on long term contract with clients where earnings are not tied to the daily crude oil transacted price.

Posted by TehBeng > 2022-05-10 12:34 | Report Abuse

crude oil slightly adjust down d

Posted by TehBeng > 2022-05-10 12:34 | Report Abuse

better keep an eye, do what you shud do dont greedy

Posted by rr88 > 2022-05-10 12:35 | Report Abuse

2023 profit $600 mil or 30 cents a share. At 1.33, PE = 4.4.

Undervalued. Fair value 2.40 - 3.00.
Buy n hold. This is a mini petronas. The one and only in bursa. They drill for oil and they sell oil. Big money coming in into balance sheet. Invest, do not trade.

Posted by PSAi3alert > 2022-05-10 14:16 | Report Abuse

rr88,

For the first time ever, I agree with you.

I will start to buy and hold.

Please do not change your mind over the next few days or hours!


---

rr88

2023 profit $600 mil or 30 cents a share. At 1.33, PE = 4.4.

Undervalued. Fair value 2.40 - 3.00.
Buy n hold. This is a mini petronas. The one and only in bursa. They drill for oil and they sell oil. Big money coming in into balance sheet. Invest, do not trade.

1 hour ago

Posted by mokluhanj21 > 2022-05-10 15:30 | Report Abuse

i still can't brain the daily violent gyrations. it's as if the only thing that matters for this counter is the price of oil, when in truth, they have new cash streams from a mature asset recently acquired, not reflected in prior quarters.
interesting to see the numbers of the coming quarters.

risk: unbridled spike to MGS10yr (rfr) but it's anyone's guess really. will the Fed allow US10yr to spike to 4%? that's a death blow to the global economy really.

Posted by BeeNeutral > 2022-05-10 15:33 | Report Abuse

Managed to accumulate some more at 1.33 for longer term

Posted by zhangzuode > 2022-05-10 16:18 | Report Abuse

mokluhanj21 - the market is perfect as they said ....

Posted by ks5S > 2022-05-10 16:45 | Report Abuse

quarter results come out soon
100 MIL profit

Posted by ks5S > 2022-05-10 16:46 | Report Abuse

later everyone hungry buy

Posted by ks5S > 2022-05-10 16:47 | Report Abuse

rocket to 1.60

Posted by wallstreetrookie > 2022-05-10 17:01 | Report Abuse

i3 Accounts to Blacklist
1. DickyMe (No 1 short-seller on i3investor)
2. Koon Yew Yin (Market manipulator)
3. VTrade
4. bulldog (pump and dump)
5. Mabel (bagholder)

Posted by iPlay > 2022-05-10 21:18 | Report Abuse

rr88
This time, I have to agree with you !
You are right in the calculation but Mr Market had not been responding well to O&G after Elon Musk came in with his EV...

We will see in less than 10 days on her QR... we will see !
Hope you are right !

Posted by OKU_2020 > 2022-05-11 06:58 | Report Abuse

oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks,
Argghhhhh.....!!

Posted by Titanium > 2022-05-11 07:53 | Report Abuse

Oil settling below $100 is a good thing. It prevents big company drilling more wells which will eventually cause oversupply. Oil price between 90 to 100 is good for Hibiscus already. No need to trust me. Trust the upcoming QR report.