Posted by GLNT > 2022-11-11 14:40 | Report Abuse

Who is placing algo to run down Hibiscus share price? Each buy up is immediately followed by sell down.

Posted by smshahrom > 2022-11-11 16:12 | Report Abuse

yup China eases covid curbs

Posted by dashengyong82 > 2022-11-11 16:58 | Report Abuse

Oil steadies on US inflation data, but set for weekly fall due to China Covid fears

Posted by dashengyong82 > 2022-11-11 16:59 | Report Abuse

Oil prices picked up on Friday after a milder than expected U.S. inflation data reinforced hopes that the Federal Reserve will slow down rate hikes, boosting chances of a soft landing for the world's biggest economy.

Prices were still set to show a decline for the week after COVID-19 cases in top oil importer China jumped, raising fears of weaker fuel demand.

Brent crude futures rose 21 cents, or 0.2%, to $93.88 a barrel at 0500 GMT, extending a 1.1% rise in the previous session.

U.S. West Texas Intermediate (WTI) crude futures gained 22 cents, or 0.3%, to $86.69 a barrel, after climbing 0.8% in the previous session.

Posted by searchingmoney > 2022-11-11 17:26 | Report Abuse

https://gnews.org/articles/517152

Posted by MoneyMakers > 2022-11-12 13:12 | Report Abuse

Midweek abit oil pressure (guangzhou lockdown) but strong rally after china loosen covid policy

2weeks till another excellent QR (hopefully xtra div)

3weeks till EU oil ban (Dec 5) + vote share capital reduction/share buyback (EGM Dec 1)

Just sit back relax & see how high Hib can rocket yr-end

Posted by searchingmoney > 2022-11-14 08:14 | Report Abuse

https://gnews.org/articles/519756

Posted by mokluhanj21 > 2022-11-14 09:52 | Report Abuse

interesting to see that Hibby is now trading at 4x FY24 Earnings only. :) [Hong Leong IB Note 10 Nov 22]
shock and awe please Dr Kenneth. declare crazy dividends and the market cannot ignore this counter anymore :P

Posted by HafizAjiad98 > 2022-11-14 10:04 | Report Abuse

Tunggu Hibiscus keluar q1 results dulu bulan ni

Posted by derrtan > 2022-11-15 12:17 | Report Abuse

The QR will not be good compared to previous Q due to short of 1 time offload and oil price average a but lower than previous Q.

Posted by HafizAjiad98 > 2022-11-16 10:29 | Report Abuse

Setuju. Saya rasa Hibiscus masih boleh menjana pendapatan kira-kira RM700 juta untuk Q1nya

Posted by BobAxelrod > 2022-11-17 10:19 |

Post removed.Why?

Posted by HafizAjiad98 > 2022-11-17 11:05 | Report Abuse

Menggerunkan

https://www.thestar.com.my/news/nation/2022/11/16/explosion-reported-along-sabah-s039wak-gas-pipeline-near-lawas-at-least-one-killed

Posted by Phoebe > 2022-11-17 12:36 | Report Abuse

Does hibiscus operate any gas in sarawak? I thought they only involved in gas after acquiring repsol asset which is the PM3 that operating in Vietnam.

Posted by smshahrom > 2022-11-17 14:38 | Report Abuse

nope, its belong to petronas

Posted by NatsukoMishima > 2022-11-20 13:08 | Report Abuse

Oil price keeps dropping
......

Posted by King_trader_shadow > 2022-11-20 14:55 | Report Abuse

Sadly, I should have exited, when it hit 1.07 that's like triple top of the downtrend.

Posted by derrtan > 2022-11-21 16:17 | Report Abuse

once trigger share buy back...should be around 1.2

Posted by BobAxelrod > 2022-11-21 18:44 | Report Abuse

It won't breach 1.10 for sure......Go figure.

Posted by MoneyMakers > 2022-11-21 22:46 | Report Abuse

“OPEC plans Dec production increase (WSJ)” - no wonder oil nonstop heavy drop

Posted by slts > 2022-11-22 04:20 | Report Abuse

fake news

Posted by HafizAjiad98 > 2022-11-22 10:19 | Report Abuse

Suadi telah menjelaskan bahawa mereka tidak akan meningkatkan pengeluaran minyak

https://www.reuters.com/business/energy/saudi-arabia-eyes-opec-production-increase-wsj-2022-11-21/

Posted by derrtan > 2022-11-22 13:08 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3308195

Posted by derrtan > 2022-11-22 13:18 | Report Abuse

QR out.

Posted by Sangranghaeyo > 2022-11-22 14:54 | Report Abuse

Hibiscus Petroleum Bhd is keeping to a rosy outlook as it is confident the current macro trends driving the high energy prices and strong performing US dollar will continue.

Posted by newbie8080 > 2022-11-22 15:35 | Report Abuse

Q-o-Q revenue doesn't look impressive where sale price avg below USD100pbl.
Now crude oil is aleady below USD90 pbl in anticipation of next year's recession and more China cities lockdown.
My opinion, it's all but over for crude oil rally.

Posted by HuatlaiOnglai > 2022-11-22 16:33 | Report Abuse

Still a good stock with strong financials:

Posted by kahhoeng > 2022-11-22 16:37 | Report Abuse

close to 7 cents per share of quarterly earning is not impressive for a less than RM 1 share company, what is then???

Posted by Sakolim > 2022-11-22 19:11 | Report Abuse

Only 1 off take for this QR. They announced earlier, so balance will carry forward to Q2. Target 7mil boe & they are on track. Means balance 3 Q to deliver 6mil boe

Posted by derrtan > 2022-11-22 21:46 | Report Abuse

once they trigger the SBB...it will fly 20cents easily. may i know after the AGM, how fast they can trigger Share Back?

Posted by Sakolim > 2022-11-23 09:22 | Report Abuse

2023 FY target to sell 7.0 to 7.2 mil boe.
With Q1 realized offtake 1.5mil boe: Q2 & Q3 at 2.1 & 1.8 respectively based on their management's planning, Q4 will be at 1.7mil. Means this current Q1 will be the lowest performance in 2023.
Hope for the best & Q1 performance is not bad with EPS 7c for a counter at price <RM1.

Posted by HafizAjiad98 > 2022-11-23 09:59 | Report Abuse

Bagus. Hibiscus dapat menjana RM604 juta utk Q1nya walaupun kurang sikit daripada jangkaan saya

Posted by icecool > 2022-11-23 10:14 | Report Abuse

oil price down hibiscus up wth

Posted by kahhoeng > 2022-11-23 10:17 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=131680&name=EA_GA_ATTACHMENTS

For the financial year ending 30 June 2023 (“FY2023”), the Group remains on track to sell a total of approximately 7.2 to 7.5 MMboe of oil, condensate and gas.

Posted by kahhoeng > 2022-11-23 15:22 | Report Abuse

real surprise hibiscus is not even 1.30 now...

Posted by 3lephAnt > 2022-11-23 19:06 | Report Abuse

Reaching isn't an issue - it's staying there. Hibiscus has always been targeted for pump and dump and short selling.

Posted by rr88 > 2022-11-24 08:05 | Report Abuse

Oil kambing down lar.
When future profit lower than current profit, share price will go down. Sell!

Posted by HafizAjiad98 > 2022-11-24 10:36 | Report Abuse

Inventori minyak berkurangan sebanyak 3.7 juta tong pada minggu berakhir 18 Nov

https://www.thestar.com.my/news/world/2022/11/24/oil-prices-drop-amid-mixed-us-inventory-data

Posted by BobAxelrod > 2022-11-24 10:39 | Report Abuse

REPOST :

Posted by BobAxelrod > 2 days ago | Report Abuse

It won't breach 1.10 for sure......Go figure.

Posted by BobAxelrod > 2022-11-24 10:40 |

Post removed.Why?

Posted by BobAxelrod > 2022-11-24 17:28 | Report Abuse

Still cannot breach 1.08...!! Right??????

Posted by Phoebe > 2022-11-25 10:47 | Report Abuse

Cannot break 1.08, will it break RM1? Took opportunity to sell half yesterday to rebalance my cash vs equity ratio.

Posted by BobAxelrod > 2022-11-25 10:51 | Report Abuse

Wise decision.....(but don't quote me)

Will not breach 1.10, not even in Jan 2023......
TAYOR

Posted by HafizAjiad98 > 2022-11-25 10:59 | Report Abuse

Permintaan minyak akan meningkat semasa menjelangi musim sejuk

Posted by TehBeng > 2022-11-25 12:38 | Report Abuse

Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much it would limit supply.

A bigger-than-expected build in US gasoline inventories and widening Covid-19 controls in China also added downward pressure on crude prices.

Brent crude futures were down 29 cents, or 0.3%, to US$85.12 a barrel by 15.15 p.m. ET (2015 GMT), while US WTI crude futures rose 2 cents, to US$77.96.

Posted by TehBeng > 2022-11-25 12:38 | Report Abuse

Both benchmarks plunged more than 3% on Wednesday on news the planned price cap on Russian oil could be above the current market level.

European Union governments remained split over what level to cap Russian oil prices at to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge.

The G7 group of nations is looking at a cap on Russian seaborne oil at US$65-US$70 a barrel, a European official said, though European Union governments have yet to agree on a price.

Posted by derrtan > 2022-11-25 16:33 | Report Abuse

the current price might see breakthrough after SBB. if you notice now the oil price is consider week but still close to multiple month high. Either SBB or higher oil price will trigger the breakout.

Posted by HafizAjiad98 > 2022-11-29 10:02 | Report Abuse

Berita yang akan membawah kesan negatif terhadap harga minyak...

https://www.ft.com/content/5bb62f19-a7c6-4e0d-9c6e-26fa50632cbb

Posted by Phoebe > 2022-11-29 11:12 | Report Abuse

Wow...oil drop to US83? Wondering will it test $80 in short terms

Posted by Adam92Rosli > 2022-11-29 17:21 | Report Abuse

Oil jumped on Tuesday, buoyed by hopes that China would relax its COVID-19 controls after rare protests against the country's zero-COVID strategy over the weekend in big Chinese cities.

Brent crude futures advanced $1.4, or 1.7%, and traded at $84.57 a barrel at 0645 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.17, or 1.5%, to $78.39 a barrel.