HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.28

Today's Change

+0.02 (0.88%)

Day's Change

2.27 - 2.31

Trading Volume

786,100


68 people like this.

105,009 comment(s). Last comment by Sangranghaeyo 1 day ago

VTrade

2,434 posts

Posted by VTrade > 2022-07-12 14:59 | Report Abuse

If director do what we follow
So many indicator

Dumb dumb ikut

derrtan

1,796 posts

Posted by derrtan > 2022-07-12 14:59 | Report Abuse

IB will soon come out and say trading buy!!

VTrade

2,434 posts

Posted by VTrade > 2022-07-12 15:00 | Report Abuse

World Director akan melancong minggu ni…
Sempena cpi data

VTrade

2,434 posts

Posted by VTrade > 2022-07-12 15:01 | Report Abuse

Nasuko orang mana?

kahhoeng

3,926 posts

Posted by kahhoeng > 2022-07-12 15:04 | Report Abuse

hibiscus at 0.865 when brent at 105??? what a joke...

pang72

49,949 posts

Posted by pang72 > 2022-07-12 15:13 | Report Abuse

70c mari

derrtan

1,796 posts

Posted by derrtan > 2022-07-12 15:25 | Report Abuse

2 months back when oil hit USD100....hibiscus is at RM1.2..now USD strong...oil strong...it is going to earn like crazy

VTrade

2,434 posts

Posted by VTrade > 2022-07-12 16:10 | Report Abuse

Bunga yang teruk
Ada ape udang sebalik batu?

rattynz

94 posts

Posted by rattynz > 2022-07-12 16:13 | Report Abuse

Yep, the stock price is not justified. Been buying more..

harold8990

349 posts

Posted by harold8990 > 2022-07-12 16:37 | Report Abuse

Shhhh…if want to buy can buy slowly and quietly.

Ryan83

1,835 posts

Posted by Ryan83 > 2022-07-12 16:51 | Report Abuse

Hibiscus under heavy selling pressure as increasing risks of recession and another round of China lockdown

citadel888

532 posts

Posted by citadel888 > 2022-07-12 16:54 | Report Abuse

when one theme already end game very difficult for them to push up to peak again, think carefully lor

rattynz

94 posts

Posted by rattynz > 2022-07-12 20:00 | Report Abuse

Saying that some how Hibiscus is in for doom and gloom when Brent Oil is still above 100 and gas prices are rising is mad. They've tripled their production and July - Sept will be another strong quarter.. If they turnover RM1.8 billion in 2 Quarter and Make RM500 million + are they still only worth 85 cents.. Too many naysayers in the market talking rubbish!

3lephAnt

44 posts

Posted by 3lephAnt > 2022-07-12 23:46 | Report Abuse

Short sellers are overwhelming the counter. Hibiscus despite tripling its production in an environment of reasonably high crude oil prices is trading as though recession is upon us. It has plunged from RM1.50 to RM0.855 in a matter of weeks. One can only hope that the management will reward loyal shareholders with a handsome dividend payout in the next quarterly result announcement. That or it can begin to buy back its own shares from the open market to reduce the rampant volatility and manipulation we are witnessing now.

3lephAnt

44 posts

Posted by 3lephAnt > 2022-07-12 23:57 | Report Abuse

That said, Citibank and other media enablers have done their job exceptionally well in cooling the spiraling inflation with constant recession mongering. There is a distinct possibility that if or when recession hits, oil prices won't deviate much from the current level. We might even see a two-tier economic phenomenon where Europe and the US slow, while Asia waking up from Covid slumber continues to grow.

bizzybone

285 posts

Posted by bizzybone > 2022-07-13 08:51 | Report Abuse

The share price weakness is a buying opportunity. Scale entries. Those selling on the way down have no clue about the structural and fundamental aspects of the global oil complex. In fact, I'll be happy for it to go much lower. The main risk with this counter is actually management. They have not delivered.

rr88

6,532 posts

Posted by rr88 > 2022-07-13 08:55 | Report Abuse

Buying opportunity jubo.

98 dollar babe, n going down.

I told u the chart is of a bearish inversion 1.02 - 1.49.

Tp = 1.02 - (1.49 - 1.02) = 0.55

icecool

4,897 posts

Posted by icecool > 2022-07-13 09:02 | Report Abuse

drop again

Posted by Mixologist > 2022-07-13 09:04 | Report Abuse

Someone predicted correctly. It touched the 70++ sen zone.

VFTRADER

787 posts

Posted by VFTRADER > 2022-07-13 09:30 | Report Abuse

Market Rumours based on Hibis 2022CQ1 forecast:

2022-CQ2 Hibis Result:
Rev: RM1.1bil
NP: >RM300mil
EPS: >15sen
Dividend : 4-5sen??

Time to Sapu??

citadel888

532 posts

Posted by citadel888 > 2022-07-13 09:32 | Report Abuse

all talk how good how profitable but Ur portfolio gaining profit ???? hahaha

Posted by NatsukoMishima > 2022-07-13 09:41 | Report Abuse

It will back to 50 sens after USA set a cap price for oil n gas no more than usd 65 !

Posted by bullmarket1628 > 2022-07-13 09:50 | Report Abuse

Top up more Hibiscs at @0.795

Heng ah, Ong ah, Huat ah !

paktua73

18,415 posts

Posted by paktua73 > 2022-07-13 09:51 | Report Abuse

haha..morning rr88..
why jealous ke?
paktua play bungaraya long time ready..

was hold at rm0.99 and that time current price at rm0.57-rm0.63
almost 2 year..finaly throw at rm1.18

so now nothing laa..
paktua predict will rise back on august above rm1.10..



tut tut
rr88 can hold kaa..
TG pun ketaq..
hehe

treasurehunt

1,813 posts

Posted by treasurehunt > 2022-07-13 09:52 | Report Abuse

Crude oil is better drop back fast to normal level US 60 in order to stop FED from hiking interest rates due to the high inflation.

Posted by NatsukoMishima > 2022-07-13 10:00 |

Post removed.Why?

Posted by bullmarket1628 > 2022-07-13 10:00 | Report Abuse

Can’t imagine can get Hibiscs at such a low price of @0.795

Heng ah, Ong ah, Huat ah !

Phoebe

453 posts

Posted by Phoebe > 2022-07-13 10:04 | Report Abuse

I start buying Hibiscus now. When oil was above US$100, I'm actually quite uncomfortable with it as I fear it will similar to gloves sector. Price too good to be true and everyone jump onto the bandwagon to produce more and cause the market collapse. US$85 to $95 will be ideal to me especially with the new capacity. To me, this is a marathon rather than a sprint race. So lets hibiscus reap the benefit slow and steady.

paktua73

18,415 posts

Posted by paktua73 > 2022-07-13 11:04 | Report Abuse

yes now is great time to reload..
hibiscus now duduk dalam keuntungan..
kenapa takut untuk reload..

paktua take this opportunity..
to grab at rm0.80 some more..



tut tut
selagi bernyawa selagi tu pasti akan reload

StingRay

6,868 posts

Posted by StingRay > 2022-07-13 11:06 | Report Abuse

isshhh paktua. pagi tadi discount, you tak load ke? now sudah in positive position lah.

paktua73

18,415 posts

Posted by paktua73 > 2022-07-13 11:20 | Report Abuse

ap bole buat xsempat nak telan..
taw taw orga dah balun
waa waa


tut tut
tu dapat sisa orga je
huhu

StingRay

6,868 posts

Posted by StingRay > 2022-07-13 11:21 | Report Abuse

tak apa lah. market sentiasa ada. best of luck.

Sdrg

38 posts

Posted by Sdrg > 2022-07-13 12:45 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/API-Reports-Large-Inventory-Build-As-Oil-Falls-Back-Below-100.html

What looks like a build is Actually a nett DRAW of -2.1 Mil. 'SPR' draw was -6.9 Mil barrels for the week ending July 8th.

CurryBento

346 posts

Posted by CurryBento > 2022-07-13 13:30 | Report Abuse

how is the arab oil brother and US doing now ?

CurryBento

346 posts

Posted by CurryBento > 2022-07-13 13:31 | Report Abuse

open market low, slowly climb back up

Ryan83

1,835 posts

Posted by Ryan83 > 2022-07-13 14:08 | Report Abuse

Dead cat bounce from early morning heavy selling down

paktua73

18,415 posts

Posted by paktua73 > 2022-07-14 08:30 | Report Abuse

morning..
today will another red hurricane..
paktua set rm0.75-0.78 as last fight in here
will prepared rm450k fund for last fight..



tut tut
dare to fight or die try..

Phoebe

453 posts

Posted by Phoebe > 2022-07-14 14:34 | Report Abuse

No wonder it keep going up. It is all bcoz paktua keep on sapu with his 450K fund. I only manage to grab some at 0.795, 0.80 & 0.82. Those park at 0.77, 0.75 din get.

harold8990

349 posts

Posted by harold8990 > 2022-07-14 16:28 | Report Abuse

atleast u got some at good prices..now 0.8 also cnnt get.

rr88

6,532 posts

Posted by rr88 > 2022-07-14 17:55 | Report Abuse

Remove the K in paktua fund. Gambling fund always wiped out one.

rr88

6,532 posts

Posted by rr88 > 2022-07-14 18:04 | Report Abuse

Since 1.49/1.30 i been saying its on a DOWNTREND.

Downtrend means it will keep on making new lows. Last low was 0.785. It will go below this soon.

Bcause oil is on downtrend n now making new low at usd97.

Hibisc has been n will closely track oil price movement lower n lower.

Why oil price going lower n will settle lower? Bcause the most powerful country in the world wants it to stabilise at lower level.

I see bottom of oil at upper 60s n hibisc around 0.55. When? Dont know, but both on their way there..

treasurehunt

1,813 posts

Posted by treasurehunt > 2022-07-14 18:13 | Report Abuse

Democrats will be certainly defeated for the mid term election in Nov 22 if Crude oil remains at this high level. They would take whatever actions to make sure the prices come down.

treasurehunt

1,813 posts

Posted by treasurehunt > 2022-07-14 18:20 | Report Abuse

The culprit of high inflation was mainly due to high crude oil prices and ironically, high commodity prices were triggered by unlimited QE. Lolz

paktua73

18,415 posts

Posted by paktua73 > 2022-07-14 18:50 | Report Abuse

haha..love see rr88 since paktua know him well..
so no hate dalam hati laa..
he love lurker lurker here..
rr88 sangkut at TG..
so talk good at TG

other counters all bad to him
hehe



tut tut
alaa..rr88 tu gema je lebih..
tapi.....
SMI(sendiri maw ingat)
hehe

kahhoeng

3,926 posts

Posted by kahhoeng > 2022-07-14 20:16 | Report Abuse

some believes that crude oil will fall to 50s with recession coming, I believe otherwise, expecting crude oil to remain high despite slowdown or minor recession due to Ukraine war. If one believe crude oil will fall to 50s, then, surely hibiscus trading at 0.6x is highly possible. But, if crude oil were to trade above 80, it's difficult to imagine hibiscus trading below 1.00. I'm bullish on oil averaging above 90 at least for the next 12 months...

kahhoeng

3,926 posts

Posted by kahhoeng > 2022-07-14 21:06 | Report Abuse

actually, faith is waning with brent falling below 100. Initially, I thought brent could stay above 100 until Ukraine war seeing light to a peace treaty.

treasurehunt

1,813 posts

Posted by treasurehunt > 2022-07-14 21:31 | Report Abuse

The prices of the commodity are beyond real demand and supply. It is mainly determined by supplying money (print money) pouring into the market to create inflation. Minor inflation is good to the economy economy development. Interest rates policy is another tool to control the costs of funds channelling to the commodity.

mf

28,455 posts

Posted by mf > 2022-07-14 21:35 | Report Abuse

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