Posted by VTrade > 2022-06-20 20:33 | Report Abuse

Syabas
Anyway will posible go up 996 ?

Posted by PSAi3alert > 2022-06-20 22:07 | Report Abuse

Windy1974,

Michael already has 138,900,000 shares in July 2016. Less than 0.20 a piece.


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2686624

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Posted by Windy1974 > 12 hours ago | Report Abuse

Does it mean i am smarter than Michael?
BOught Friday at 1.07 and this morning managed to get 1.02.
However, with current market sentiment, i won't dare to claim this gonna be the bottom. If it breaks and closed below 1.00, more downside coming

Posted by jasonor > 2022-06-20 22:27 | Report Abuse

this operator very support ma 200. can see the chart. everytime also same.
last one is 29th nov 2021, then today 20th june 2022. 31st may 2021. 21st july 2021. i think is fund manager punya kerja ni, becoz too easy to predict. haahaha

Posted by bullmarket1628 > 2022-06-21 06:23 |

Post removed.Why?

Posted by iPlay > 2022-06-21 08:21 | Report Abuse

Day day oil go up..... day day Hibi no go up....
Day day say limit up..... day day no limit up.....????
kikikiki....

Posted by paktua73 > 2022-06-21 08:56 | Report Abuse

morning..
from today till friday..
paktua set reload from 0.97-1.00
siap all army standby mto battle war again..
not q early avoiding big shark..
ihik ihik



tut tut
gendang perang kembali di palu..

Posted by colin888 > 2022-06-21 09:22 | Report Abuse

Drifting sideways and not good!

Posted by newbie8080 > 2022-06-21 11:06 | Report Abuse

@paktua73
All the best.
Hopefully, you managed to catch it this round.

Posted by mokluhanj21 > 2022-06-21 12:48 | Report Abuse

What is life if we are too pessimistic?
Hence, I am sharing some optimistic view of my back-of-the-envelope calcs:

Apr: 102/bbl* RM4.26/USD *719,851= RM312.8 mil
May: 107/bbl*RM4.35/USD*685,900= RM319.3 mil
June: 117/bbl*RM4.40/USD*671,000= RM345.4 mil
Q4 FY22: Revenue Expected= ~RM977.7 mil
+YTD: RM828.2 mil= RM1805.7 mil
Yang lain kira sendiri. Not enuf time haha

This is not investment advice, This is just my attempt at forecasting. Wanna know if I am any good in calculating or just another dumb2 hahaha.
All ze best fellow investors.

To punters, byeeeeeeeeeeeeeee

Posted by kahhoeng > 2022-06-21 16:39 | Report Abuse

real big joke, brent rises above 115 again and hibiscus almost sees red while hengyuan, a refinery, is rising almost 9%.

Posted by derrtan > 2022-06-21 16:46 | Report Abuse

operator is trying hard to press down hibiscus price..hahaha... hope to get at RM1.01 again

Posted by PSAi3alert > 2022-06-21 23:13 | Report Abuse

In the latest Q3 results, RM147.574M of administrative expenses was expended for the 31st March 2022 quarter.

For the whole of FY2021, the total administrative expenses was only RM121.699M.

What is in the RM147.574M worth of administrative expenses?

Impairment of intangible assets?
Impairment of equipment?
Net reversal of impairment/(impairment) of investments?
in subsidiaries and amounts owing by subsidiaries?
Reversal of unrecovered recoverable costs?
Other administrative expenses?

No explanation at all.

.

Posted by bullmarket1628 > 2022-06-22 06:57 |

Post removed.Why?

Posted by paktua73 > 2022-06-22 15:23 | Report Abuse

at last hit back rm1.00..
manage grab 2nd reload at rm1.00




tut tut
will set final at rm0.96

Posted by hoot9e996 > 2022-06-22 15:25 | Report Abuse

break balik pulak, lucky sold yesterday.....

Posted by greenbucket > 2022-06-22 15:59 | Report Abuse

tut tut tut, lets push this!

Posted by kahhoeng > 2022-06-22 15:59 | Report Abuse

unbelievable, with brent above 100, i would never thought hibiscus trading below 1.00, thought it would at least between 1.10 and 1.20. Sigh!

Posted by greenbucket > 2022-06-22 16:01 | Report Abuse

dont worry. tut tut tut and its army will pump this up!

Posted by kahhoeng > 2022-06-22 16:04 | Report Abuse

can only hope for exceptional August earning report to rescue...

Posted by derrtan > 2022-06-22 16:07 | Report Abuse

average price 1.03..75% loadup....happy man....wait for 2 months for at least 30% return

Posted by kahhoeng > 2022-06-22 16:44 | Report Abuse

bought some at 0.99, hope it's a good decision...

Posted by Thkent91 > 2022-06-22 17:19 | Report Abuse

@kahhoeng 1 bil profit from harta also cannot rescue it from dropping

Posted by colin888 > 2022-06-22 19:05 | Report Abuse

Not a good time to buy! Hold your horses

Posted by pang72 > 2022-06-22 19:22 | Report Abuse

So, what is this..
Drop drop drop

Posted by TillyLovers > 2022-06-22 19:47 | Report Abuse

can buy at 98 cents？ will it return above RM1？ thanks

Posted by kahhoeng > 2022-06-22 20:13 | Report Abuse

thkent91 cause harta profit is falling fast while brent is still strong above 100?

Posted by KingKong_Doll > 2022-06-22 21:09 | Report Abuse

My 2c.
OnG was deem a sunset industry because of electric vehicle and also ESG. With inflation n everything increasing such as food, I wonder how affordable can electric vehicle gets. Tesla too announce increase in pricing. Even Europe now keeping quiet on ESG and Germany reviving their coal power plant for electricity.

Posted by nazrzach > 2022-06-22 22:15 | Report Abuse

So far demand remains very strong, with a historic high of 42 million people expected to hit the roads in the United States over the July 4 Independence Day weekend, according to the AAA.
Additionally, China reported the fewest daily COVID-19 cases in more than four months on Tuesday. Although the threat of restrictions remains as cities move swiftly to stamp out any flareups, demand is likely to grow in the second half of the year at the world’s largest importer of crude.
Oil fundamentals remain constructive with the oil market expected to continue to tighten through the year as the EU’s ban on Russian seaborne crude starts to increasingly bite,” added ING.

Posted by nazrzach > 2022-06-22 22:41 | Report Abuse

1. When UK imposed Windfall Tax, 5199 dived eventhough Anasuria only contribute 10% from overall 5199 oil producrion capacity.
2. Brent Crude Oil Futures August Contract dipped amid fuel tax cut. 5199 also dived eventhough tax cut is good. More ppl will buy gasoline. This tax cut doesnt affect crude oil producers. 5199 plummet nonetheless.
3. 99sen. The last time 5199 share price this low was in 3rd February this year with oil production capacity oil 8000bpd and before 5199 completed acquisition of Repsol which 5199 now has trippled its producrion capacity.
4. Sabah SST. Sabah State Minister can to hell and back, he wont get his SST.

Then, why 5199 nosedived?
Its because we are so easily fooled by shorr sellers and the bears.
Hold your positions. Short sellers cant short if we dont buy.
Do short sellers still short at 25sen shares?
No. Why? They can only go as low as 5sen. Their upside risk is high. 25sen shares can go up as high as LU.
Lets work together and PUSH ON!!

Posted by rattynz > 2022-06-23 01:11 | Report Abuse

Yes feels awfully like this stock is being manipulated with shorting which doesn't at all match business fundamentals.

Posted by nazrzach > 2022-06-23 04:43 | Report Abuse

The U.S. economy is still strong and can handle the planned series of interest rate rises, Federal Reserve Chair Jerome Powell said on Wednesday.

Posted by madguy > 2022-06-23 05:14 | Report Abuse

@nazrzach so positive ah ??? hehehhe Powell just wan clam ppl down la, to get rid of index drop again,

Posted by nazrzach > 2022-06-23 05:29 | Report Abuse

US Oil Reserves to date
Date Value/barrels
June 10, 2022 511.61M
June 03, 2022 519.32M
May 27, 2022 526.59M
May 20, 2022 532.01M
May 13, 2022 537.98M
May 06, 2022 542.99M
April 29, 2022 549.98M
April 22, 2022 553.07M
April 15, 2022 555.98M
April 08, 2022 560.68M
April 01, 2022 564.58M
March 25, 2022 568.32M
March 18, 2022 571.32M
March 11, 2022 575.51M
March 04, 2022 577.50M
February 25, 2022 580.02M
February 18, 2022 582.38M
February 11, 2022 584.83M
February 04, 2022 587.52M
January 28, 2022 588.91M
January 21, 2022 590.78M
January 14, 2022 592.03M
January 07, 2022 593.38M
December 31, 2021 593.68M
December 24, 2021 595.03M
December 17, 2021 596.38M
December 10, 2021 598.92M
December 03, 2021 600.87M
November 26, 2021 602.56M
November 19, 2021 604.50M
November 12, 2021 606.15M
November 05, 2021 609.40M
October 29, 2021 612.54M
October 22, 2021 614.19M
October 15, 2021 615.28M
October 08, 2021 616.97M
October 01, 2021 617.77M
September 24, 2021 618.69M
September 17, 2021 619.57M
September 10, 2021 620.77M
September 03, 2021 621.30M
August 27, 2021 621.30M
August 20, 2021 621.30M
August 13, 2021 621.30M
August 06, 2021 621.30M
July 30, 2021 621.30M
July 23, 2021 621.30M
July 16, 2021 621.30M
July 09, 2021 621.30M
July 02, 2021 621.30M

Posted by nazrzach > 2022-06-23 05:34 | Report Abuse

@mokluhanj21
Your estimates are about right. Estimated Revenue for FY22 by HLIB and Maybak around MYR1.6bil to MYR1.8bil with nett profit about MYR850mil.

Posted by nazrzach > 2022-06-23 05:53 | Report Abuse

@madguy,
US doesnt need our crude oil. They have enough on their own with Canada their biggest crude oil importer. US only import 10% crude oil from Russia. Since US ban crude oil imports from Russia, US lifted imports from Venezuela to make up that 10%.
UK and East Europe has to import crude oil and natural gas from Norway which 5x more expensive than Russia price.
EU rely heavily on Russia's crude oil and gas and looking to Saudi, UAE and the rest including Malaysia for crude oil supplies at sell at higher price while Russia supplies their crude oil to refineries in India and PRC at a discounted rate and resell to Asia at cheaper price including Malaysia.
Malaysia inflation rate increased slightly from 2.1% previously to 2.2% now.
Malaysia GDP also growing despite US and EU will be in recession early next year. This is because Malaysia biggest importer is PRC.
Am I worried? No. We have been shielded from US and EU recession many times before EXCEPT when Saudi lowered crude oil price to USD20 per barrel in 2014 due to competition from US Shale oil. US shale oils are not preferred due to fracking process which can lead to environment disaster.
If you all want to buy, wait until market came back to its senses. For now, short sellers and bears use scare tactics and fact distortion to gain profit from others losses.

Posted by nazrzach > 2022-06-23 06:05 | Report Abuse

@Windy1974,
Actually, Dato' Michael is smarter than any of us. He knows his Gross Investment Amount is in RED and yet he still holding on to his holdings. While he spends his money elsewhere to make up unrealised shortfall in his holdings. Thats what smart investors do. Clever kan?

Posted by Phoebe > 2022-06-23 07:53 | Report Abuse

If Hibiscus 2022 net profit is about RM850Million, the the Repsol acquisition can be considered paid off by this year end (Considering the upfront payment paid, cash in hand + the 2022 net profit) This is a pretty good investment because it was projected that it will takes 5 years for them to recoup the Repsol investment when they bid the project. Dr. Ken does seems to have the lady luck on his side or this is his business instinct. Whichever it is, I'm happy with Hibiscus management. Will hold long.

Posted by BobAxelrod > 2022-06-23 08:38 |

Post removed.Why?

Posted by BobAxelrod > 2022-06-23 08:42 |

Post removed.Why?

Posted by BobAxelrod > 2022-06-23 08:45 |

Post removed.Why?

Posted by BobAxelrod > 2022-06-23 08:50 |

Post removed.Why?

Posted by BobAxelrod > 2022-06-23 08:53 |

Post removed.Why?

Posted by BobAxelrod > 2022-06-23 08:54 | Report Abuse

Putin is wise and even the Oil embargo and Sanctions were hopeless against his crafty mind. They had planned well for years before the Invasion and timed to perfection.
Anyone still believe USA media reporting Ukraine is "winning the War".....hahahaha

Posted by VTrade > 2022-06-23 08:56 | Report Abuse

Good infos..

Posted by Phoebe > 2022-06-23 09:27 | Report Abuse

Hibis-C22 warrant expiring on 30th July. If not mistaken, if Hibiscus above RM1, bank need to pay C22 holder and if below RM1, C22 burned. WIll bank want to pay?
Another naughty thought is, if all retailer can gang up and pump it rocket high and lets the Bank pay thru their nose. Don't always let them win oni.

Posted by rr88 > 2022-06-23 09:36 | Report Abuse

Told u dy below 1.00.

Hit 0.995, rebounded to 1.07/1.08.
A break below 0.995 yesterday will take it to:

0.995 - (1.08 - 0.995) = 0.91/0.92

After 0.91/0.92, will rebound to 0.995/1.00.

After that will go lower than 0.91/0.92 to stabilise n move sideways for a long2 time.

Bcause oil is dropping. More importantly bcause the most powerful country in the world wants oil price to go down below 100.

Trading only, in near 0.91/0.92, out near 0.995. Then, stay clear off this stock, bcause its on its way to hibernate at lower level.

Posted by StockKeeper > 2022-06-23 09:38 | Report Abuse

today 0.9. tomorrow 0.8

Posted by Windy1974 > 2022-06-23 09:41 | Report Abuse

I expect Hibiscus to drop further now that it has broken RM1. I am still holding and gonna add more when it reaches my next target price. I can afford to wait cos i am already holding Hib. Try take your eyes off the share price daily ya since i believe majority here are working? How you gonna perform well in your daily work if you are emotionally affected by Hib up and down?
If your life is affected by share market, then my advise to you is don't invest in KLSE. Have you ever done a risk tolerence test? You can easily find one online. Funny thing is a lot of people's actions are contrary to their risk tolerence level. Example, i got 1 friend who is considered risked adverse (extremely conservative. Can't tahan 10% losses), yet his investment was mainly in warrants.
You see, greed is the root of most Malaysian kena scam.
I am gonna hold on to Hib to at least 3 to 5 years, depends on share price. I expect Hib gonna give very good dividend for this year which would then propel share price higher. Total of 5 sens or more i would be happy. That would be a yield of more than 5% for me

Posted by VFTRADER > 2022-06-23 09:53 | Report Abuse

High oil price which push up revenue and profit not necessary a good opportunity for Directors cum shareholders to sell their share.

The only way to reward them (on top of salaries and bonuses) is via dividend.

So what to expect from Hibis div in CY2022?
CY2022
Q1 = 1sen (confirmed)
Q2 = 2sen??
Q3 = 3sen??
Q4 = 4sen??
TTL = 10sen??

Posted by VTrade > 2022-06-23 10:05 | Report Abuse

How bout new buy…?
Russia is not sit there wait oil price drop kua….