HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.00

Today's Change

-0.01 (0.50%)

Day's Change

2.00 - 2.01

Trading Volume

964,400


68 people like this.

105,240 comment(s). Last comment by Gaussian 1 day ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-21 14:33 | Report Abuse

Manyak sedap........

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-21 14:58 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-21 15:01 | Report Abuse

Oil up, Brent jumps nearly $2.00........

sonyx123

657 posts

Posted by sonyx123 > 2022-09-21 15:25 | Report Abuse

still hibi like crap

Posted by NatsukoMishima > 2022-09-21 16:01 | Report Abuse

Tonight FED hike rate , tomorrow oil drop back to usd 80 , better take profit before market close !

Posted by Investing_Bursa > 2022-09-22 11:05 | Report Abuse

92.5! Sui sui d

azfar8

971 posts

Posted by azfar8 > 2022-09-22 12:04 | Report Abuse

i had to cut loss... not interesting counter to trade

VFTRADER

788 posts

Posted by VFTRADER > 2022-09-22 22:26 | Report Abuse

https://edition.cnn.com/2022/09/21/weather/hermine-forecast-gulf-of-mexico/index.html

The next named storm could become a monster hurricane in the Gulf of Mexico
CNN Expansion Atlanta December 2021, 1089972Jennifer Gray
By Judson Jones and Jennifer Gray, CNN meteorologists

Updated 1127 GMT (1927 HKT) September 22, 2022

(CNN)Hurricane Fiona is the strongest hurricane of the Atlantic season, and now forecast models show a developing storm system could become a monstrous threat to the US Gulf Coast by next week.

An area of disorganized activity a couple hundred miles east of the eastern reaches of the Caribbean Sea will likely become the next tropical storm -- named Hermine -- in the next few days, maybe even the next few hours, according to the National Hurricane Center.
This small cluster of storms has meteorologists' attention because both American and European forecasting models have consistently showed them developing into a tropical system and entering the Gulf of Mexico -- though the models don't have the best track record when forecasting that far out.

hondacity

10 posts

Posted by hondacity > 2022-09-23 08:58 | Report Abuse

Reuters
Oil prices rise as Iran deal stalls, Russian supply amid conflict
Sep 23, 202208:43




Oil prices rose in early Asian trade on Friday on the prospect that a stalled Iran nuclear agreement and Moscow's new mobilization campaign in its invasion of Ukraine would further restrict global supplies.

Brent crude futures BBRN1! gained 16 cents, or 0.2%, to $90.62 per barrel by 0020 GMT, while U.S. West Texas Intermediate (WTI) crude CL1! futures were up 22 cents to $83.71 per barrel.

Oil edged up after a senior U.S. State Department official said that efforts to revive the 2015 Iran nuclear deal have stalled due to Tehran's insistence on the closure of the U.N. nuclear watchdog's investigations.

"We've hit a wall" because of Iran's stance, the U.S. official told reporters on the sidelines of the U.N. General Assembly, adding that nothing had happened this week to suggest Iran is willing to change its position. The remarks eased expectations of a resurgence of Iranian crude oil.

Prices were also supported by Moscow's decision to push ahead with its biggest conscription since World War Two, raising concerns that an escalation of the war in Ukraine would continue to tighten oil supplies.

Rebounding crude oil demand in China, which is the world's largest oil importer, lent support to crude prices.

Central bank interest rate hikes, including the U.S. Federal Reserve's 75 basis points rise on Wednesday, along with increases by the Swiss National Bank, Norway's central bank and Indonesia's central bank, limited oil prices by raising the likelihood of economic slowdowns that would erode fuel demand.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-23 10:18 | Report Abuse

Finding some support at 92c. Nothing bullish....go home....nothing to see here.

newbie8080

2,765 posts

Posted by newbie8080 > 2022-09-23 16:09 | Report Abuse

Looks like WTI and brent crude oil price already stabilize between the range of USD82 to USD95.
Very unlikely to test the USD120 level as shale producers globally are doubling down on drilling efforts.
The wildcard will be China and whether there is a possible of full reopening in Q4 2022.

3lephAnt

44 posts

Posted by 3lephAnt > 2022-09-23 16:49 | Report Abuse

Hibiscus can declare as much profit as it wants but as long as there is no consistent return to shareholders either through share buyback or dividends, there is no incentive to hold. So what you get is a spike two weeks before quarterly reporting, followed by a slide until the next quarter. Until then there is a clear guidance by the management, the price will be dictated by short sellers and day traders.

harold8990

349 posts

Posted by harold8990 > 2022-09-23 21:17 | Report Abuse

Time to reenter coming soon.

Posted by StartOfTheBull > 2022-09-23 21:57 | Report Abuse

Commodities crash across the board.

rattynz

94 posts

Posted by rattynz > 2022-09-23 22:45 | Report Abuse

This whole counter is based off what the oil price is at daily.. Not the exceptional work hibiscus has done to add production and value over recent years.. Maybe this next month or two is down
.. until the market realizes that they are returning over 25% annually to share holdings, which they will payout on, and it's ongoing..cos even at 70 or 60..Hibby is still making loads.. What other asset classes will continue to make money with what's coming? Any ideas??

Posted by NatsukoMishima > 2022-09-24 08:30 | Report Abuse

WTI on track for its lowest close since Jan. 10 and Brent on track for its lowest close since Jan. 13.

60 sens is the real value of hibisc!

Waterfalling crash in oil price coming next week , run right now !

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-24 09:51 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-24 10:34 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-24 10:45 |

Post removed.Why?

harold8990

349 posts

Posted by harold8990 > 2022-09-24 11:29 | Report Abuse

Finally can get hibiscs at around 0.8 again this time around..was waiting for second round after took profit at rm1 before.

James_Bond

3,410 posts

Posted by James_Bond > 2022-09-24 14:08 | Report Abuse

Powell said to raise rate to curb inflation regardless of recession or what not. Recession is the end result of that! When in recession, oil prices will go downhills!

TanDavid88

1,135 posts

Posted by TanDavid88 > 2022-09-24 14:24 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-24 17:45 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-24 17:46 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-24 18:38 | Report Abuse

Sorry, I spoiled your weekend.....

hondacity

10 posts

Posted by hondacity > 2022-09-24 20:49 | Report Abuse

Oil India sees 'healthy' profit in September qtr despite windfall tax
Sep 24, 202219:29
OIL+1.23%

Oil India Ltd OIL is expecting a "healthy profit" for the quarter ending Sept. 30 despite a levy of windfall tax on crude sales, Harish Madhav, head of finance at India's state-run oil producer, said on Saturday.

The windfall tax has averaged around $25-$26 per barrel during the quarter, leading to Oil India realising $80 a barrel, Madhav told a news conference.

"This is much better than what we had realised earlier. So we should be able to make a healthy profit," he said.

($1 = 81.2500 Indian rupees)

VFTRADER

788 posts

Posted by VFTRADER > 2022-09-25 12:15 | Report Abuse

2020 - world facing Lockdown
2023 - world facing Recession.

Lockdown vs Recession.
a) Lockdown = The Rich cannot fly.
b) Recession = The Rich still can fly and spending money everywhere in the world.

Ho...Ho.... Which one is better???

Posted by Bruce_Wayne > 2022-09-25 13:31 | Report Abuse

Plunging oil prices + unpaid income taxes + unpaid sales taxes + work permits to be revoked + dodgy financials = 0.30 target price

zhangzuode

254 posts

Posted by zhangzuode > 2022-09-25 13:33 | Report Abuse

Please elaborate dodgy financials, Bruce_Wayne, thank you.

twynstar

361 posts

Posted by twynstar > 2022-09-25 14:11 | Report Abuse

May be the new definition of dodgy financials is a company with market capitalization of RM 1,800 million and net debt RM 88 millions, merely able to generate net profit of RM 613 million and core net profit of RM 342.7 million.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-25 17:02 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-25 21:29 | Report Abuse

Be careful what you wish for...........

Posted by Sslee > 4 days ago | Report Abuse
qqq3,
Once Hibby break below 90 sens, I will do some support.

Posted by NatsukoMishima > 2022-09-26 00:17 | Report Abuse

60 sen coming

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-26 09:02 | Report Abuse

Sslee, thank you for your kind support!

Posted by Sslee > 4 days ago | Report Abuse
qqq3,
Once Hibby break below 90 sens, I will do some support.

Posted by Investing_Bursa > 2022-09-26 09:12 | Report Abuse

Very nice ! 87! Sui sui d

Windy1974

740 posts

Posted by Windy1974 > 2022-09-26 09:25 | Report Abuse

SSlee. How's your HY? First minor support at 0.86. Stronger support at 0.81. I won't recommend you to catch the falling knife at 0.86 since the world economy looks bleak. I have warned my colleagues to be vigilant and prepared for worst in 2023. In time of uncertainty, let's wait and see. I am holding 30% cash now. 50% REIT would never sell.

Posted by Investing_Bursa > 2022-09-26 09:25 | Report Abuse

Ok la, i also support sikit at 87. Takut Kon bob”s rod shrunk too much d…lol

Sslee

6,595 posts

Posted by Sslee > 2022-09-26 09:33 | Report Abuse

Me, need to take a rest, until the next salary coming in.

Posted by NatsukoMishima > 2022-09-26 09:37 | Report Abuse

@
papaya

3,060 posts

Posted by papaya > 1 hour ago | Report Abuse

https://www.cnbc.com/2022/09/22/charts-suggest-inflation-could-soon-come-down-substantially-jim-cramer-says.html
____________
Still got people believe Jim Cramer , do u know what is roti planta pusing sana pusing sini ?

Posted by NatsukoMishima > 2022-09-26 09:37 | Report Abuse

October WTI will drop to 6x - 70 !

Windy1974

740 posts

Posted by Windy1974 > 2022-09-26 09:37 | Report Abuse

SSlee. My advice to you. Take a longer rest from the KLSE. I am glad to see i3 forums quiet down. Meaning less newbies will get slaughter by market manipulators

Posted by NatsukoMishima > 2022-09-26 09:38 | Report Abuse

Hibb real value is only 60 sens !

papaya

3,086 posts

Posted by papaya > 2022-09-26 10:19 | Report Abuse

natsuko....i dont ask people to believe....but just an extra info....
even roti planta you pusing sana sini....lastly you still swallow into your stomach...isnt it?...kikikikikikih

papaya

3,086 posts

Posted by papaya > 2022-09-26 10:42 | Report Abuse

natsuko...iff hibb only 60sen....i dont know what happen to dnex....maybe 20 sen....kikikikikiki

Posted by NatsukoMishima > 2022-09-26 10:57 | Report Abuse

Wait n see the real value is only 60 sens !

Posted by NatsukoMishima > 2022-09-26 10:57 | Report Abuse

Dnex real value atleast rm 4 - 6 !

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