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.

Posted by ks5S > 2022-05-11 10:38 | Report Abuse

my friend working inside hibiscus told me quarter result is 100 MIL. buy before rocket up

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

ks5s stop spreading rumors!!100mil profit is very bad result

Posted by zhangzuode > 2022-05-11 12:40 | Report Abuse

derrtan - what should it be then?

Posted by derrtan > 2022-05-11 14:09 | Report Abuse

Market is expecting around RM150mil +- after repsol acquisition

Posted by ks5S > 2022-05-11 15:08 | Report Abuse

my friend told me hibiscus give special dividend bcoz of Super profit

Posted by Moneymore > 2022-05-11 23:46 | Report Abuse

HLIB already said 2023 PAT is RM623M, FY22 will be 360M

Posted by twynstar > 2022-05-12 01:34 | Report Abuse

EIA Sees Brent Crude At $107 In Q2 2022


However, the EIA cautioned that it made these projections on May 5, prior to any EU ban on Russian oil imports, which, the EIA says, would raise prices further.


https://oilprice.com/Latest-Energy-News/World-News/EIA-Sees-Brent-Crude-At-107-In-Q2-2022.html

Posted by Titanium > 2022-05-12 07:53 | Report Abuse

Oh No.....brent went up again.... Tiger mana? Why Brent at 107 no report?
As long Oil is above $90, Hibiscus ho seh liao..... ciak beh liao

Posted by rr88 > 2022-05-12 09:31 | Report Abuse

Technicals: Broke out above 1.34 to 1.43. Returned to test 1.34 over 2 days => sucess. Now moving up to take out 1.43. Technical set up will propel it above 1.50 and above 1.60. Its magical. Believe it or not, it will happen.

Posted by bullmarket1628 > 2022-05-12 09:37 |

Post removed.Why?

Posted by Titanium > 2022-05-12 11:28 | Report Abuse

Everyone go goreng in Heng yuan. HY lagi super hot.

Posted by KingKoil > 2022-05-12 14:34 | Report Abuse

KKY pump and dump soon for Heng Yuan and Hibiscs. Run while is hot.

Posted by ks5S > 2022-05-12 14:53 | Report Abuse

hibby have not be pump yet.
it just inching up slowly

Posted by tiger2012 > 2022-05-12 14:56 | Report Abuse

hahaha good too see ppl still so hopeful. RIP for those who catch knives again at 1.4. i continue see kaki kencing tp for hibiscus first.

Posted by BeeNeutral > 2022-05-12 15:00 | Report Abuse

Accumulated a bit more at 1.33 before the QTR result

Posted by birdparadise > 2022-05-12 15:23 |

Post removed.Why?

Posted by tiger2012 > 2022-05-12 15:24 | Report Abuse

you think im stock guru meh, ask you dip more buy more. i dont feed the sharks

Posted by birdparadise > 2022-05-12 15:39 |

Post removed.Why?

Posted by tiger2012 > 2022-05-12 16:27 | Report Abuse

naik kau kau i congrats you all lor. but be sure that when you cry i have my shoulders for you.

Posted by Mixologist > 2022-05-12 16:42 | Report Abuse

Why falling? I thought this counter was bulletproof as claimed by some people

Posted by nono_hardi > 2022-05-12 16:47 | Report Abuse

LOL

Posted by Ananas > 2022-05-13 00:00 | Report Abuse

example - when crude oil selling at USD 30, production cost USD30, now selling USD100, production cost USD50?? 100?? cant imagine the margin

Posted by rr88 > 2022-05-13 09:04 | Report Abuse

Back to basics of investing:

1. Russia is the 3rd largest oil producer. EU will sanction 70% of russian oil n gas. World supply will reduce, oil price will move up.

2. Hibiscus drill and sell crude oil. Their profitability links directly to oil price. At oil usd70 they make money at around usd20. At oil above usd100, their profit will more than double bcause their cost is constant.

3. When company makes huge jump in profit, share price will move higher and higher.

4. Back of envelop calculation shows that they will make north of 20 cents per share. Share price valuation is undervalued currently.

Posted by ks5S > 2022-05-13 11:30 | Report Abuse

oil continue climb . will break 110

Posted by ks5S > 2022-05-13 11:30 | Report Abuse

extra bonus for hibiscus

Posted by ks5S > 2022-05-13 11:32 | Report Abuse

institution buying in lorry bulk

Posted by ks5S > 2022-05-13 11:34 | Report Abuse

those sell yesterday bang wall loh

Posted by ks5S > 2022-05-13 11:34 | Report Abuse

no 2.00 no sell

Posted by ks5S > 2022-05-13 11:37 | Report Abuse

bye bye 1.3xxx, welcome 1.4xxx

Posted by rr88 > 2022-05-13 12:29 | Report Abuse

Sold first 1.38. Russia will launch missiles into Finland this weekend. World markets will crash monday n tuesday.