HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.74

Today's Change

-0.01 (0.36%)

Day's Change

2.73 - 2.77

Trading Volume

737,300


67 people like this.

104,608 comment(s). Last comment by kahhoeng 13 hours ago

imvu

7,888 posts

Posted by imvu > 2022-06-23 16:33 | Report Abuse

oversold , besok rebound ?

pang72

47,623 posts

Posted by pang72 > 2022-06-23 16:34 | Report Abuse

Rr88 sifu,
You still got time at hibiscus? I tot you busy in your hengyuan

pang72

47,623 posts

Posted by pang72 > 2022-06-23 16:35 | Report Abuse

Adui... 92c liao...

pang72

47,623 posts

Posted by pang72 > 2022-06-23 16:35 | Report Abuse

Macam mana ni?

VenFx

14,784 posts

Posted by VenFx > 2022-06-23 17:19 | Report Abuse

Let it come, spartanians will line up and pushhhhhhhh ... kiki

nazrzach

107 posts

Posted by nazrzach > 2022-06-23 17:26 | Report Abuse

Dont catch a falling knife. This falling knife is so strange. It keeps falling since 24thMay until today. CYPARK with cashflow problem only have 2 days falling knife. ATAIMS only one day and circuit breaker triggered.
If you sell now, you realised your losses. If you buy now, your losses will increase 2 fold or more since you added more no of shares in your holding.
There are times we trade and there are times we stay away. Pls look on other stocks and try make money to recover your shrunk holdings. Who knows in future, you will get your money back and we pray you will make more then.

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-06-23 18:09 | Report Abuse

Operators are very smart in pocketing profits. Goreng until sky high and distribute their shares without stopping to trap rebound warriors and those who are expecting to dispose during the rebound. Plantation companies are good example in the latest version.

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-06-23 18:13 | Report Abuse

No matter how crude oil price is bound to kanasai either due to Fed hike interest rates or recession. The first priority is to bring down inflation at whatever costs and recession is a secondary issue

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-23 20:11 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-23 20:15 |

Post removed.Why?

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-06-23 20:22 | Report Abuse

Hiking interest is not able to crash oil markets... Yeah. See how when Fed hike to 5% to 6% couple with tapering. Oil prices not collapse but the whole share market also collapse lar. Lolz

VenFx

14,784 posts

Posted by VenFx > 2022-06-23 20:24 | Report Abuse

Poo ain't clearly out yet.

Anything can happen

kahhoeng

3,902 posts

Posted by kahhoeng > 2022-06-23 20:28 | Report Abuse

Brent, after peaking above 134 early March, has been trading between 100 and 110 from Mar 11 til May 20. After May 20, Brent began its rise again to reach a peak of 124 around Jun 10. Brent is still trading above 100 (around 110) but Hibiscus has acted like brent is sinking fast??? The last time Hibiscus traded at 0.935 is when Brent is trading below 90 (and before Repsol deal is completed?) around Jan 26.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-23 20:35 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-23 20:39 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-23 20:45 |

Post removed.Why?

flyinv

30 posts

Posted by flyinv > 2022-06-23 20:46 | Report Abuse

Let it sinks further and before this CW expired, altogether henjut the mother price, this is the only way to efucate the shorties..Prepare ur bullets..

izoklse

5,204 posts

Posted by izoklse > 2022-06-23 20:48 | Report Abuse

walau wei continue to fall all the way from 1.4 something. Aiyo what happen la to Hibiscus.

kahhoeng

3,902 posts

Posted by kahhoeng > 2022-06-23 20:50 | Report Abuse

To me, Brent is trying to form a different trading band of between 110 and 120 from earlier band of between 100 and 110. Wondering if Fed's rate hike will bring Brent down below 100???

VTrade

2,434 posts

Posted by VTrade > 2022-06-23 20:53 | Report Abuse

@Zach , thanks for info and update.

VFTRADER

787 posts

Posted by VFTRADER > 2022-06-24 08:41 | Report Abuse

Seems like yesterday "force short " by operator was trying to reduce its losses in CQ2 fund performance.

If US cap oil price by banning oil export, then what will happen to Brent price??

[ Explosion at Freeport terminal caused gas price drop from above $9 to $6++ in US but huge increase for LNG price in Europe...]

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 08:51 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 08:55 |

Post removed.Why?

imvu

7,888 posts

Posted by imvu > 2022-06-24 08:55 | Report Abuse

boleh rebound ?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 08:57 |

Post removed.Why?

nazrzach

107 posts

Posted by nazrzach > 2022-06-24 09:29 | Report Abuse

@imvu,
If you to catch a snake, you beat the grass.

nazrzach

107 posts

Posted by nazrzach > 2022-06-24 09:44 | Report Abuse

@BobAxelRod,
Nevermind them.

Dear All,
US has been using economic sanctions all these years on small countries. Countries which unable to defend themselves militarily and economically.
When US impose economic sanctions on Russia, it was a big mistakes. And EU is dumb enough to follow US.
Putin has bee planning to do something about atrocities by Ukrainian facists for 8 years. Russia has been accummulating wealth quietly and play dumb even US doesnt have the clue on Russia's intention.

A girl from Russia Head Treasury, Elvira is her name come out ways how to beat US sanctions. US and EU needs uranium, titanium, crude oil, gas and etc. They have to have them. They thought Russia economy will collapse since nobody trade in rubles.
Instead, Elvira suggested that any countries want to buy crude oil and gas from Russia, they need to open an account with Gasprombank and pay in USD or EU then Gasprombank will convert USD and EU to rubles. Rubles novedived intitially but bounced back and become stronger ever since. Strongest so far.
Money transaction with SWIFT were banned but Russia open many accounts with PRC and create SPIEF.
Air travels were banned using Russia plane but PRC offers Russia with their plane. Now Aeroflot can fly everywhere..
Putin is clever. Biden is a fool. Macron and Ursula are like school pupils to Putin.

Now, 3 largest populated continent creates new economic zone and offer new trading route by air/sea/rail, trading currencies..

Hehehehe
Long Live Putin and Xi.
Malaysia will be fine. We are PRC best friend.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 09:58 |

Post removed.Why?

VTrade

2,434 posts

Posted by VTrade > 2022-06-24 09:59 | Report Abuse

Masih dalam sempadan yang genting…

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 10:00 |

Post removed.Why?

Posted by TillyLovers > 2022-06-24 10:09 | Report Abuse

Jatuh lagi

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 10:16 |

Post removed.Why?

Posted by TillyLovers > 2022-06-24 11:06 | Report Abuse

the counter will fall below 90 c soon

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-06-24 11:07 | Report Abuse

Price dropped to 0.905 even though Crude oil price staying at sky high. Go ahead to win the argument with the excel FA lor.

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-06-24 11:12 | Report Abuse

Share market is very fair one...most of the time, reward is either gaining emotional syiok or money.

rr88

6,320 posts

Posted by rr88 > 2022-06-24 11:32 | Report Abuse

Start of uptrend 16 mar 2022 @ 1.02

Peak 18 may 2022 @ 1.49

Close below 1.02 on 22 june 2022.

=> Die. Tp = 1.02 - (1.49 - 1.02) = 0.55

Knm_bottomed

1,122 posts

Posted by Knm_bottomed > 2022-06-24 11:35 | Report Abuse

All depends if WHO declare monkeypox a pandemic this weekend

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-06-24 11:37 | Report Abuse

LOL...everyone knows rr888 always calls the stocks that he has an eye on to fall to 20c..30c...and Hibby is honored to be called at 55c.....hehehehehehehe

VTrade

2,434 posts

Posted by VTrade > 2022-06-24 11:46 | Report Abuse

Orrange and yellow zone

lyy5688

49 posts

Posted by lyy5688 > 2022-06-24 12:27 | Report Abuse

hibis fading like a flower,sad

rattynz

94 posts

Posted by rattynz > 2022-06-24 12:32 | Report Abuse

Even though the stock is being unrelentingly shorted Hibiscus is still a exceptionally well run business with great free cashflow, great assets and a significant future ahead. Eventually this will shine through and sense will prevail. With the market cap now at 1.8 billion and annual revenues projected to match this with very healthy profit margins and cash flow, no debt, strategic assets and reserves in Asia the North Sea (where energy security will be an ongoing major issue) and assets which far outvalue it's share price. It's a bargain, a diamond in the rubble. Even though in now in the red I'm holding and will accumulate more becuase I beleive in the long term fundamentals of the business. I'm sure if Malaysia doesn't appreciate Hibiscus that can always delist and move somewhere like Singapore which, I'm sure, would. Time will tell.

myongcc5

708 posts

Posted by myongcc5 > 2022-06-24 13:18 | Report Abuse

Well said rattynz!

VTrade

2,434 posts

Posted by VTrade > 2022-06-24 13:40 | Report Abuse

Wah... delisted ke?
So priceless

rattynz

94 posts

Posted by rattynz > 2022-06-24 14:39 | Report Abuse

Wouldn't you.. Remember they were looking at a SPAC there recently.. They aren't silly and their management hold alot of equity which they haven't been selling.. If Malaysia won't appreciate it's own special flower someone else might..hehehe

Posted by searchingmoney > 2022-06-24 15:13 | Report Abuse

all counter the same, dropped after dividend ex date...

CITADEL

1,867 posts

Posted by CITADEL > 2022-06-24 15:45 | Report Abuse

soon below rm 0.9

GoodBoy

6,594 posts

Posted by GoodBoy > 2022-06-24 15:49 | Report Abuse

Non stop sinking ... Next week below 0.90 ? ... Below 0.80 ? ... Below 0.70 ? ... Scary ! ...

rr88

6,320 posts

Posted by rr88 > 2022-06-24 15:52 | Report Abuse

This one everyday drop one. No reboound. Bcause its MACD TERKANGKANG BIG TIME. No sign of narrowing down for a positive cross.

Stay away/cut loss.

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-06-24 15:55 | Report Abuse

It's a norm in Bursa. Look at the recent examples of plantation companies and refineries. Hot money in and out at the fast and furious way. As long as it doesn't perform like Cypark then OK already.

VFTRADER

787 posts

Posted by VFTRADER > 2022-06-24 16:51 | Report Abuse

Seems like operator mission almost completed??

Ha! Ha! Blue Sky coming.....

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