Posted by maxprofit2020 > 2022-07-19 18:19 | Report Abuse

it is a waterfall downtrend. 1) MA50 cross below MA90 drop from RM1 to RM0.785 = done last wk. 2) next wk MA50 going to cross below MA200, there will be another sharp drop . 3) the final drop will be MA90 drop below MA200, estimate will happen by end this month/early next month. it is the fear of worldwide recession due to high inflation.

Posted by StingRay > 2022-07-19 18:21 | Report Abuse

Paktua, gas kentut kot. Wakaka.

Posted by paktua73 > 2022-07-19 18:29 | Report Abuse

haha..@maxprofit2020 thanks anyway..
but now follow TA also kabut..
now new generation AI..
all TA kena beat kaw kaw
haha

tut tut
don't care

Posted by paktua73 > 2022-07-19 18:32 | Report Abuse

hahaha..
rr88 kentut pun xberani



==========
StingRay@Paktua, gas kentut kot. Wakaka.
19/07/2022 6:21 PM
=========


tut tut
haha

Posted by StingRay > 2022-07-19 18:33 | Report Abuse

Paktua... manyak jialat loh. Wakaka.

Posted by UlarSawa > 2022-07-19 18:36 | Report Abuse

Saudi kingdom and Putin are ally lah. Haiyoh. Correct?

Posted by BobAxelrod > 28 minutes ago | Report Abuse

Don't play play with Putin. Now Biden kena slap from Crown Price and Putin.......long live Hibby!

Posted by StingRay > 2022-07-19 18:38 | Report Abuse

Ular, if someone say want to make me a pariah, I also will slap him lah. some more that one is a prince leh. Wakaka.

Posted by BobAxelrod > 2022-07-19 18:39 | Report Abuse

Putin, Saudi, China dah kiss kiss best friends ma.......Biden on bent knees fly to Saudi asking for more Oil, but fist bump and questioning Khosaggi murder.........hahahaha

Posted by StingRay > 2022-07-19 18:40 | Report Abuse

Bob, south Africa and India as well. Wakaka.

Posted by UlarSawa > 2022-07-19 18:40 | Report Abuse

Saudi pun import oil from Putin lagi lah. Sendiri punya oil kasi export. Ini macam ada dapat discounted price and selling own oil at higher market rate. Panlai lah Saudi do business lah. Mana mau increase oil production to lower the oil price lah. Businessman pun tau kira mah. Tak kan Saudi Prince tak tau lah. Correct?

Posted by BobAxelrod > 2022-07-19 18:42 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-19 18:44 | Report Abuse

Now Putin is telling Europe in advance.....Ooppps...the tap to turn NS 1 is broken lah....you wait long long aahhh....

Posted by BobAxelrod > 2022-07-19 18:45 | Report Abuse

China and India is saying.....Russian Oil?....come to papa......hahaha

Posted by StingRay > 2022-07-19 18:46 | Report Abuse

Bunga Raya boss oledi make official statement Liao. Haiya.

Posted by BobAxelrod > 2022-07-19 18:50 |

Post removed.Why?

Posted by paktua73 > 2022-07-19 18:51 | Report Abuse

yes..@BobAxelrod..
haha

ular..arab prince lia kekasih gelap china n russia..
Putin bini tua only..nak pakai dh xbole nak buang pin xbole..
hehe



tut tut
hehe

Posted by BobAxelrod > 2022-07-19 18:52 | Report Abuse

Hibby no need talk 3, talk 4.......straight to the point and within hours..........tabik hormat!

Posted by StingRay > 2022-07-19 18:53 | Report Abuse

Bob... with Koboi batu api Taiwan, after China also take same action like Putin... how will oil be price arrr? Wakaka.

Posted by paktua73 > 2022-07-19 18:56 | Report Abuse

yes agree bob..
see this we say pro bod..


=============
BobAxelrod@Salute! to Hibby BOD.... very professional and quick to address.........top class!
19/07/2022 6:50 PM
============



tut tut
solute..

Posted by BobAxelrod > 2022-07-19 18:57 |

Post removed.Why?

Posted by StingRay > 2022-07-19 18:58 | Report Abuse

Bob, when Russia invaded Ukraine, initially many also don't believe. Wakaka.

Posted by BobAxelrod > 2022-07-19 19:00 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-19 19:02 |

Post removed.Why?

Posted by StingRay > 2022-07-19 19:02 | Report Abuse

Bob, I don't wish China to do the same. but nobody know what will happen if US pushed to far. hahaha.

Posted by BobAxelrod > 2022-07-19 19:03 |

Post removed.Why?

Posted by StingRay > 2022-07-19 19:04 | Report Abuse

Sudan currently having civil war. I hope it would not affect Khartoum. else that they will need to shut down.

Posted by paktua73 > 2022-07-19 19:06 | Report Abuse

yes stingray..
now sudan n algeria,libya also got sivil war..
so oil will continue soar..

tut tut
hope china not take action like rusia if not..
we also got huge impact

Posted by paktua73 > 2022-07-19 19:08 | Report Abuse

mana tu rr88 master sifu..
esok manari lagi yer..

laa senyap balik uma kena sidai dgn bini
haha rr88..



tut tut
ok paktua need tutup ofis dah see tomorrow..

Posted by StingRay > 2022-07-19 19:09 | Report Abuse

Paktua... Russia also seize shell asset in Shakalin. wa ada kawan kerja sana. dia orang pergi sana tak mau balik Malaysia. cakap pimpinan sana semua Miss universe punya standard. jialat.

Posted by StingRay > 2022-07-19 19:10 | Report Abuse

auto correct... pemimpin=pompuan.

Posted by anthonytkh > 2022-07-19 19:11 | Report Abuse

What happened to this stock? Why are you guys following this ahole rr67?

Posted by StingRay > 2022-07-19 19:12 | Report Abuse

hahaha... some issue with Sabah state gomen. we follow the counter and not the rr fella loh. Wakaka.

Posted by BobAxelrod > 2022-07-19 19:19 |

Post removed.Why?

Posted by MoneyMakers > 2022-07-19 19:50 | Report Abuse

Mgmt alrdy clarify Sabah tax dispute..nicely done

Tax advisor say no need pay tax means no need lo..’taxable goods’ definition very clear ma

Posted by UlarSawa > 2022-07-19 20:43 | Report Abuse

So how esok gap up kah. Nanti Suiyee Sifu mau kejar after that cutloss lagi kah. Haiyoh. Correct?

Posted by paktua73 > 2022-07-19 20:46 | Report Abuse

hahaha..confrim he will come out claim buy bottom one..


===========
UlarSawa@So how esok gap up kah. Nanti Suiyee Sifu mau kejar after that cutloss lagi kah. Haiyoh. Correct?
19/07/2022 8:43 PM
==========

tapi congraz to ular manage grab lower today



tut tut
hope can grab lower esok

Posted by paktua73 > 2022-07-19 21:01 | Report Abuse

explained by hibiscus management..


KUALA LUMPUR (July 19): Hibiscus Petroleum Bhd said it is committed to resolve the tax issues with the Sabah authorities in an amicable and collaborative manner, and will ensure minimal disruptions to its operations in the state.

The oil and gas service provider was responding to a statement by Sabah's finance minister on Tuesday (July 19) that state authorities are looking to cancel the work permits for Hibiscus' two oil units operating in that state if they do not settle the state sales tax (SST) and penalties owed within the stipulated deadline.

In a filing with Bursa Malaysia, Hibiscus also clarified that its representatives are in ongoing engagement with Sabah officials with the objective of clarifying the issue of the applicability of SST to the companies.

“It is and has always been our group’s policy to pay all taxes when legally due and payable," the group said. “However, the companies will take appropriate action to safeguard their legal rights and interests accordingly where they are constrained to do so.”  

Hibiscus said its tax legal advisor has advised that the crude petroleum oils and natural gas it sold is not legally liable for SST.

The two subsidiaries, Repsol Oil & Gas Ltd and SEA Hibiscus Sdn Bhd, had refused to make payment after contesting that it sold its crude oil entitlement from the Kinabalu Oil Field at the Labuan Crude Oil Terminal facility “outside the sovereignty and jurisdiction of the state of Sabah” and hence should not be charged the SST.

Malay Mail Online reported on Tuesday that a notice of action has been issued to Hibiscus’ units on July 8 after a grace period of one week to settle the arrears.

“We issued a notice on July 8 to say that all working passes will be cancelled on Oct 1, 2022 if payment is not settled,” Sabah Finance Minister II Datuk Masidi Manjun was quoted as saying at the Sabah state legislative assembly.

Masidi said several engagements have taken place between the two parties to settle their disagreements, with the state demanding some RM97.31 million, comprising RM66 million in SST and RM31.31 million in penalty incurred for late payment.

“We sent the payment notice on June 22, with dues to be settled within 30 days of notice or the state will initiate civil action against them.

“On July 1, they had asked for a grace period of one week to negotiate terms with Petronas,” he was quoted as saying.

Shares in Hibiscus Petroleum closed five sen or 5.62% lower at 84 sen on Tuesday, giving the group a market capitalisation of RM1.69 billion.



tut tut
clear one part..

Posted by BobAxelrod > 2022-07-19 21:16 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-19 21:16 | Report Abuse

With the Announcement from Hibby, tomorrow would be another different day, hopefully with sweet cupcake angels, sunshines and rainbows.

Posted by BobAxelrod > 2022-07-19 21:18 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-19 21:20 | Report Abuse

Very humbly and courteously saying........."BRING IT ON!!!"

Posted by paktua73 > 2022-07-19 21:45 | Report Abuse

paktua melalak for last time for tonight.. 
hibiscus fighters... 

we always play with our own style.. 
we in..we set..we hunt.. 
until reach our goal.. 

hibiscus warriors.. 
now here is our battlefield.. 
greenland is our destiny.. 
we never fear any.. 
never scared or greedy.. 

warriors. 
we're red stock troopers
be a man is ur soul.. 
dare to die spirit we follow.. 
we're real fighters.. 
and.. 
we belong to the tough battlefields 
too all warriors..

warriors.. 
welcomed to the club!!! 

https://youtu.be/5U-rv0IGdL0 


warriors let battle continue.. 
let tomorrow be our best fight..


tut tut 
warriors.. 
war is still continue..
stand fight..dare to fight or die try..

Posted by NatsukoMishima > 2022-07-19 21:49 | Report Abuse

Habis , if WTI also drop due to recession fears then i think 6x sens soon !

Posted by harold8990 > 2022-07-19 21:53 | Report Abuse

Managed to angkat 0.84 today..finally

Posted by paktua73 > 2022-07-19 21:53 | Report Abuse

hahaha..how are you nobita..
still stuck at dnex kaa..


===========
NatsukoMishima@Habis , if WTI also drop due to recession fears then i think 6x sens soon !
19/07/2022 9:49 PM
===========

hahaha..


tut tut
love see more naysayer come..

Posted by paktua73 > 2022-07-19 21:57 | Report Abuse

let red legions reveal our voices..
 
hibiscus never die.. 
let hear this.. 

https://youtu.be/eIidGlWHUY4 

yes.. hibiscus is true legend..
and..
legend never die.. 




tut tut
nobita hate hibiscus
haha

Posted by MoneyMakers > 2022-07-19 22:12 | Report Abuse

Aiyaa Natsuko just bitter b’coz ride glove wave all the way down

Now everyday go to every red ctr just to troll

Posted by PSAi3alert > 2022-07-19 22:22 | Report Abuse

The Sabah government is asserting that tax ought to be paid where the extraction is carried out, not at the point where the crude oil is sold.

Section 24 of the Land Ordinance gives Sabah power and authority over its resources. According to the Ordinance, minerals in the land which include mineral oils and petroleum, are reserved for, and owned by the Sabah government, which is also empowered to control, deal and licence its exploration, exploitation and mining.

The Sabah government has collected RM2.458 billion of sales tax on petroleum products, since it was implemented on April 1, 2020 until June 30, 2022. As of June 30 2022, the state government has collected RM808 million or 73 per cent of the estimate for the year.

It will be a separate issue if Hibiscus were to argue that the Kinabalu oil field and the North Borneo Sabah Enhanced Oil Recovery production sharing contract lie outside of Sabah's territorial waters.


---

The two subsidiaries, Repsol Oil & Gas Ltd and SEA Hibiscus Sdn Bhd, had refused to make payment after contesting that it sold its crude oil entitlement from the Kinabalu Oil Field at the Labuan Crude Oil Terminal facility “outside the sovereignty and jurisdiction of the state of Sabah” and hence should not be charged the SST.

Posted by paktua73 > 2022-07-19 22:26 | Report Abuse

paktua kasi warriors song sikit. 

too all..
hibiscus warriors legions.. 
let..
we stand unite 
stand with brave and honor
fight with lion heart.. 
stick like  Wolf pack..

let we pledge together..

even storm will hit hard... 
even hell say will swallow it.. 
even burn all till ash.. 
will stand fight hard..

let blood flow out.. 
let bullet fly away round... 
but..
will never surrender..
we dare to fight.. 

but as long... 
die never say hello then life come through.. 
its worth it to fight it.. 
some time.. 
cool eye..lead the ride... 

dear brave warriors.. 
let stand unite..
stand together..
with proper strategist..
we will..
conquer the battle war.. 
 
let stand together.. 
unite we fight..unite we stand.. 

https://youtu.be/iFovHktRRao 

we never regret!! 
fight till the last stand.. 
if die let die try..



tut tut 
we will fight or we die try
we are real warriors..

Posted by MoneyMakers > 2022-07-19 22:42 | Report Abuse

Petroleum Act clearly defines ‘taxable goods’ as oil sold within Malaysia

Mgmt argue they sold oil in Labuan, hence not liable 4 tax