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.
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
@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.
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….
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.
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
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.
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
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 274 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 469 views | 5 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Eric Lim
508 posts
Posted by Eric Lim > 2022-05-25 15:05 | Report Abuse
run run run go buy Sapura Alam Barakah Serbak