Posted by rattynz > 2022-09-03 00:03 | Report Abuse

Even if oil goes to $72 as our friend rr88 suggest (with so many caveats and unsubstantiated ifs and butts that it's sounds exactly like a KL court room), Hibiscus is still making money! Its cost for extraction are low.. Really low at $20 and PROFIT starts from there minus any developmental and other expenses they want to progress.. So I'm quite happy for oil to fluctuate where it is now but they remain immensely profitable and, as spare cash is developing (after their other great developmental investments are funded), I start to enjoy significant dividends. If anything the last two years have shown that oil and gas are essential for many years to come, and enterprising, well run, businesses are still good bets. Let's just refer to the Oklahoma Oracle for the last point.. Hes locked and loaded billions of dollars investment this past quarter in exactly this.. Is he wrong?

Posted by rattynz > 2022-09-03 00:07 | Report Abuse

Omaha Oracle.. My bad ;) am sure you can guess who that is..

Posted by James_Bond > 2022-09-03 06:54 | Report Abuse

Darling, can I advise you something? Brent oil crashing, will go down to US60+ per barrel. Expecting economic recession next year!

Posted by Mikecyc > 2022-09-03 07:07 |

Post removed.Why?

Posted by bullmarket1628 > 2022-09-03 07:18 | Report Abuse

Definitely not true…
After 3 years pandemic already end,
next year onwards surely is the years of recovery and economy start booming time !
Like previously economy downturn period of:
1)Crisis 1986-1990 start booming 1993 to 1997
2)Crisis 1997-2000 start booming 2003 to 2006
3)Crisis 2006-2010 start booming 2013 to 2016
4)Crisis 2016-2022 start booming 2023 to 2027

So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points !

Heng Ah, Ong Ah, Huat Ah !

Posted by James_Bond > 2022-09-03 07:55 | Report Abuse

Please watch what Powell hv said in the meeting at Jackson Hole. You will get enlightened instantly!

https://youtu.be/vhMRynjm3CI

Posted by Jerichomy > 2022-09-03 08:52 |

Post removed.Why?

Posted by Jerichomy > 2022-09-03 08:53 | Report Abuse

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2022-09-01-story-h1628871682-Hibiscus_price_is_up_trend_Koon_Yew_Yin

Posted by Jerichomy > 2022-09-03 08:54 |

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Posted by Jerichomy > 2022-09-03 08:56 |

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Posted by Jerichomy > 2022-09-03 09:02 |

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Posted by James_Bond > 2022-09-03 09:36 | Report Abuse

Darling, can I advice you something? Go and look at Dow and Nasdaq trend! Darling, you will get enlightened too!

Posted by Jerichomy > 2022-09-03 09:40 | Report Abuse

Head and shoulder forming

James_Bond
Darling, can I advice you something? Go and look at Dow and Nasdaq trend! Darling, you will get enlightened too!
1 minute ago

Posted by Jerichomy > 2022-09-03 09:43 |

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Posted by searchingmoney > 2022-09-03 11:05 | Report Abuse

https://www.sciencetimes.com/articles/39661/20220901/wuhan-lab-finds-new-virus-similar-polyomavirus-affects-kids-covid.htm

@ Jerichomy
US create new covid variant sure boleh

Income
True kah?

Posted by Jerichomy > 2022-09-03 11:08 |

Post removed.Why?

Posted by searchingmoney > 2022-09-03 15:51 | Report Abuse

JeriShark,
U mean pro China Chinese ppls or...?
@ Jerichomy
So many ppl pro china nowadays

Posted by Jerichomy > 2022-09-03 17:33 |

Post removed.Why?

Posted by searchingmoney > 2022-09-03 20:36 | Report Abuse

Read news below & get to know them. l live nearby them.
https://www.bannedbook.org/

Posted by kevinobc > 2022-09-03 21:45 | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/09/03/oil-climbs-ahead-of-opec-meeting-next-week

Posted by twynstar > 2022-09-04 14:17 | Report Abuse

5 Common Trading Multiples Used in Oil and Gas Valuation


1) EV/EBITDA compares the oil and gas business to EBITDA, and measures profits before interest.

2) EV/BOE/D doesn't account for undeveloped fields, so investors should determine the cost of developing new fields to get an idea of a company's financial health.

3) EV/2P requires no estimates or assumptions, and helps analysts understand how well a company's resources will support its operations.

4) Price/Cash flow per share allows for better comparisons across the sector.

5) Many analysts prefer EV/DACF because it takes the enterprise value and divides it by the sum of cash flow from operating activities and all financial charges.



https://www.investopedia.com/articles/basics/11/common-multiples-used-in-oil-and-gas-valuation.asp

Posted by zhangzuode > 2022-09-05 09:42 | Report Abuse

Greeting twynstar, thank you.

Posted by birdparadise > 2022-09-05 11:37 |

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Posted by birdparadise > 2022-09-05 12:10 |

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Posted by Jerichomy > 2022-09-05 13:32 |

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Posted by bullmarket1628 > 2022-09-05 14:36 |

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Posted by kevinobc > 2022-09-05 16:39 | Report Abuse

https://nation.com.pk/2022/09/05/oil-prices-climb-ahead-of-opec-meeting/

Posted by kevinobc > 2022-09-05 16:43 | Report Abuse

https://floresterkini.pikiran-rakyat.com/internasional/pr-275440351/harga-minyak-mentah-melambung-jelang-pertemuan-opec-rekor-diperpanjang

Posted by birdparadise > 2022-09-05 17:00 |

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Posted by slts > 2022-09-06 11:41 | Report Abuse

i told u , u talk coke again n again

Posted by birdparadise > 2022-09-06 14:39 |

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Posted by Mikecyc > 2022-09-06 17:52 | Report Abuse

Haha ehm… MA5 from 1.02 t0 1.03 today … follow thru to break 1.03 ke ….

Posted by James_Bond > 2022-09-06 22:07 | Report Abuse

Darling, can I advice you something?! Cash out and stay away from stock market! Economic recession tsunami is around the corner!

Posted by GoodBoy > 2022-09-07 09:34 | Report Abuse

Everyone waiting for 'tanah runtuh' or 'durian runtuh' ? ...

Posted by James_Bond > 2022-09-07 11:27 | Report Abuse

Divergence between stock prices and oil prices, equal to sell!

Posted by Yu_and_Mee > 2022-09-07 11:28 | Report Abuse

buy just go buy

Posted by birdparadise > 2022-09-07 11:43 |

Post removed.Why?

Posted by James_Bond > 2022-09-07 11:50 | Report Abuse

Brent oil USD 91! Hibiscus should trade around 0.90, not more than 1.00!

Posted by witan > 2022-09-07 13:26 | Report Abuse

@James_Bond
I know you want to collect back Hibiscus at low price after you have sold. Me also same. Managed to sell Hibi at 1.03.

But bad mouthing the stock jst because u already sold is not nice. Karma bites bro

Posted by sonyx123 > 2022-09-07 16:00 | Report Abuse

Don't think all these people understand how karma bites, until one day it happens...

Posted by ks5S > 2022-09-07 21:04 | Report Abuse

James bodoh

Posted by Bruce_Wayne > 2022-09-07 23:47 | Report Abuse

Walao oil getting destroyed tonite (new low)

Ready tomorrow huge MASSACRE

rr88's TP 0.54/0.55

My TP is 0.27/0.28

Posted by kevinobc > 2022-09-08 00:09 | Report Abuse

https://markets.businessinsider.com/news/commodities/oil-prices-outlook-opec-russia-china-brent-global-supply-constraints-2022-8

Posted by kevinobc > 2022-09-08 00:10 | Report Abuse

https://markets.businessinsider.com/news/commodities/oil-prices-outlook-opec-russia-china-brent-global-supply-constraints-2022-8

Posted by rr88 > 2022-09-08 10:17 | Report Abuse

Oil at usd88. He he...
Still cant see it? Or simply stubborn?

Stock market 101. Admit your mistake early and cut loss without hesitation.

Tp 0.54/0.55.

Posted by 888STOCK888 > 2022-09-08 10:25 | Report Abuse

rr88 not ball...

Critised kxy just now and repost with nicer comment.... lolzzz

rr88 sold your Topglove you bought at 1.20????

=D

Posted by Yu_and_Mee > 2022-09-08 10:25 | Report Abuse

just buy, don't waste time

Posted by bullmarket1628 > 2022-09-08 10:30 | Report Abuse

Great! Brent oil now is up +USD$0.58
Waiting for my good news on my tommorrow morning’s update on Brent oil ya !

Heng Ah, Ong Ah, Huat Ah !

Posted by slts > 2022-09-08 10:45 | Report Abuse

rr88
rr88, we r all really stubborn. u still get it
Oil at usd88. He he...
Still cant see it? Or simply stubborn?

Posted by slts > 2022-09-08 10:46 | Report Abuse

......u still dont get it