Posted by Eric Lim > 2022-05-25 15:05 | Report Abuse

run run run go buy Sapura Alam Barakah Serbak

Posted by Sakolim > 2022-05-25 15:07 | Report Abuse

Guys, go read page 20 properly. Is everyone jz panic because the negative goodwills. Daily 20k barrel x 80-90 days x USD100 x currency 4.2...
U shud know the revenue is not 297k after production with Repsol.

Posted by rr88 > 2022-05-25 15:07 | Report Abuse

Ayo ma, ayo pa. I told u dy market top dont buy at 1.49

Posted by papaya > 2022-05-25 15:08 | Report Abuse

Bobii See page 2. April May June quarter sold 2.076millions barrel. Assuming 100usd per barrel. = 200millions USD revenue. Convert to ringgit is 880millions revenue. Just hold and collect more heheh
25/05/2022 3:03 PM
-------------------------------------------------------------

normal in bolehland.........just follow running away ,dont know head or tail.....never read the details.......olang cakap ada hantu.....dia pun cakap ada hantu.....sama2 lari......smpai tinggal spender....kikikikikikikih

Posted by Markv572421 > 2022-05-25 15:09 |

Post removed.Why?

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

Aiyo Qr teruk ker. Why suddenly price go down .

Posted by papaya > 2022-05-25 15:10 | Report Abuse

tak pe....aku kutip spender....some quite branded....cuci2 jual bundle......kikikikikikih

Posted by sekeri2001 > 2022-05-25 15:10 | Report Abuse

profit taking

Posted by izoklse > 2022-05-25 15:12 | Report Abuse

baru nak agan-agan lepas 1.50 tak dpt jugak. adeh.

Posted by papaya > 2022-05-25 15:13 | Report Abuse

lepas je 1.30....ramai nak tu......kikikikikikih.....anggap amal jariah.......kikikikikih

Posted by Value_Investor_888 > 2022-05-25 15:16 |

Post removed.Why?

Posted by Newbie_123 > 2022-05-25 15:16 | Report Abuse

tu pun sebab swing trader rushing to buy for rebound later. Klu x confirm price akan tank lagi

Posted by AhSook AhKou > 2022-05-25 15:18 | Report Abuse

Gd but not gd enough, maybe next qtr!!

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

@Sakolim
Correction:
20k consists of Oil 12K and Gas 8K (e).
Out of the gas of 8K , 7K was from the ex-Repsol.
The price of gas from the ex-Repsol was contracted at lower price.
It did not enjoy the current high market price.

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

silly, next quarter extra barrels that was produced in last quarter, but only sell next quarter.. tomorrow gonna be RM1.40 again

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

Thanks for chances to add back at 1.31…

Posted by Value_Investor_888 > 2022-05-25 15:26 |

Post removed.Why?

Posted by DragonG > 2022-05-25 15:27 | Report Abuse

All the information was disclosed in their Corporate and Business Update released at 12:30 pm just now.

Posted by Pang > 2022-05-25 15:27 | Report Abuse

PE 6

Posted by mrcrab > 2022-05-25 15:29 | Report Abuse

read the cashflow statement and understand, Good cash generator.

Posted by UPlanet > 2022-05-25 15:30 | Report Abuse

Guys!!! No panic la, good opportunities to buy in some if still not holding any good crude oil counters!!! Coz foresee the crude oil will be huge huge jump to historical record high >USD150 after October if Russia Ukraine war still not finished where winter will coming soon!!! That’s what Putin waiting for….

Posted by Johnzhang > 2022-05-25 15:31 | Report Abuse

Apart from hengyuan and petronM, Sharks are attacking Hibiscus and cypark too! It’s damn obvious. Why is authority not taking action?

Posted by AhSook AhKou > 2022-05-25 15:32 | Report Abuse

Gd time to collect more for BIG Xmas holiday ha ha

Posted by AhSook AhKou > 2022-05-25 15:34 | Report Abuse

EU continue to put more pressure to Putin and no where near to slow down. Likely by this Fri, it will resume back to 1.40 ish

Posted by Bobii > 2022-05-25 15:34 | Report Abuse

Just read the page 13 summary enough.

This quarter sold 471k barrel of oil.

But they expect 4.6millions barrel full year.

Next quarter report (Apr-June) expect to sell 2,076,751 barrels based on Page 2 of the report.

2,076,751 barrel x 100usd x 4.4myr = Rm913 millions revenue

Next quarter is real show.

Posted by Bobii > 2022-05-25 15:35 | Report Abuse

Now collect banyak banyak, year end I can huat big

Posted by Value_Investor_888 > 2022-05-25 15:40 |

Post removed.Why?

Posted by witan > 2022-05-25 15:48 | Report Abuse

Thank you for cheap tickets at 1.30

Posted by vinc3362 > 2022-05-25 16:09 | Report Abuse

Bobii Just read the page 13 summary enough.

This quarter sold 471k barrel of oil.

But they expect 4.6millions barrel full year.

Next quarter report (Apr-June) expect to sell 2,076,751 barrels based on Page 2 of the report.

2,076,751 barrel x 100usd x 4.4myr = Rm913 millions revenue

Next quarter is real show.
---------------------------------------------------

Good observation....... people who sold will regret later.

Also look at the footnote...... All offtakes in April and May 2022 was done at above USD 100/barrel

Posted by myongcc5 > 2022-05-25 16:24 | Report Abuse

Opportunity to add more

Posted by marqdesade > 2022-05-25 16:42 | Report Abuse

the counter follows the price of oil. Such good profits but why latest div so small 0.001 only

Posted by papaya > 2022-05-25 16:43 | Report Abuse

short sellers selling followed by retailers(follow blindly).....and big funds happily accumulating cheap sale spender.....kikikikikikih

Posted by AhSook AhKou > 2022-05-25 16:55 | Report Abuse

Under 1.40 is a gd investment for the next 2 qtrs

Posted by BursaVulture > 2022-05-25 16:56 | Report Abuse

Super profit but stock price never fly.... some more went down, why?

Posted by hoot9eonly > 2022-05-25 17:01 | Report Abuse

Bunga hari ini tak cantik, banyak yang tak cantik also.

Posted by hoot9eonly > 2022-05-25 17:01 | Report Abuse

More discount, hoot more ?

Posted by billyrave > 2022-05-25 17:04 | Report Abuse

fair value is rm3.50. oil prices expected to hit usd150 by year end. tunggu apa lagi?

Posted by Mixologist > 2022-05-25 17:16 | Report Abuse

Tomorrow up?

Posted by iPlay > 2022-05-25 17:29 | Report Abuse

............ This is the Elon Musk effect or EV effects....
they said: "With EV, oil is a sun set industry"

Though not true... but Mr Market believe that !!!...... sad sad sad

Posted by Mixologist > 2022-05-25 18:19 | Report Abuse

Promoters quietly sold. Or got caught.

Posted by mokluhanj21 > 2022-05-25 19:00 | Report Abuse

to those lazy to read, there's a Youtube update on the quarterly result:
https://www.youtube.com/watch?v=5ekehJ6d_50&t=5s

Posted by Nepo > 2022-05-25 20:02 | Report Abuse

Bad result

Posted by izoklse > 2022-05-25 20:09 | Report Abuse

Hibiscus Petroleum 3Q net profit soars nearly 10-fold to RM307.54 mil, declares one sen dividend

https://www.theedgemarkets.com/article/hibiscus-petroleum-3q-net-profit-soars-nearly-10fold-rm30754-mil-declares-one-sen-dividend

Posted by izoklse > 2022-05-25 20:12 | Report Abuse

Earnings per share surged to 15.32 sen from 1.76 sen.

Posted by izoklse > 2022-05-25 20:19 | Report Abuse

waiting for the latest price target from IB

Posted by mrcrab > 2022-05-25 20:23 | Report Abuse

Considering only 1 offtake from North Sabah & 2 months Production from new assets, this is consider good result. The real deal is in the next coming quarter.

Posted by colin888 > 2022-05-25 20:27 | Report Abuse

Hibiscus management is really smart. Forward thinking strategy. Sell one offtake this published quarter and monetise all their off takes Apr , May and June. They should be selling them above 100 usd. Thanks to our depreciating Ringgit, we will witness super profits next quarter

Posted by izoklse > 2022-05-25 20:29 | Report Abuse

Yes i think they have to improve in terms number offtake from North Sabah considering premium from this area and benefit from higher oil price. Hope they can improve further in next quarter.

Posted by williamtkb > 2022-05-25 20:30 | Report Abuse

Very good already compare other O

Posted by colin888 > 2022-05-25 20:33 | Report Abuse

The CFO already indicated they want a consistent profits quarterly. This quarter they don’t sell much so recognised the goodwill credits . Next quarter, they should be able to fix the utilisation of the new assets. Make them work more efficiently. Indicated that they are trying to understand the operations at acquisition