HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.42

Today's Change

+0.15 (6.61%)

Day's Change

2.28 - 2.42

Trading Volume

6,662,600


68 people like this.

104,953 comment(s). Last comment by James_Bond 1 day ago

Nepo

3,359 posts

Posted by Nepo > 2023-01-23 22:18 | Report Abuse

Still not yet bought..?
Already too late for you to collect as anymore..!
Shoot shoot shoot?

Income

10,601 posts

Posted by Income > 2023-01-24 09:11 | Report Abuse

Too dear already.

Posted by HafizAjiad98 > 2023-01-25 11:03 | Report Abuse

kesabaran memang blh menikmati return yg bagus

Moneymore

532 posts

Posted by Moneymore > 2023-01-26 00:11 | Report Abuse

Going up too much too soon, correction soon

Posted by HafizAjiad98 > 2023-01-26 10:53 | Report Abuse

Boleh la asalkan ia bergerak secara mantap pada harga RM1.10 ke atas

Posted by HafizAjiad98 > 2023-01-30 15:37 | Report Abuse

Dijangka Hibiscus menyampai keputusan Q2 yg cemerlang

witan

774 posts

Posted by witan > 2023-01-31 08:56 | Report Abuse

Cemerlang? U must be joking. With oil price falling down to below $80 from $100 and USD falling against ringgit how to be cemerlang u tell me?

zhangzuode

254 posts

Posted by zhangzuode > 2023-01-31 09:01 | Report Abuse

Further evidence that climate change / warming is a hoax : http://www.williamengdahl.com/gr22October2022.php

Posted by HafizAjiad98 > 2023-01-31 15:43 | Report Abuse

Tak kata Q2 akan lebih baik drpd Q1nya, tapi pasti lebih baik drpd Q2FY2022. Masih dianggap cemerlang.

su1801

637 posts

Posted by su1801 > 2023-01-31 23:07 | Report Abuse

Tp rm 1.80...be patience... must have holding power....

Income

10,601 posts

Posted by Income > 2023-02-01 04:30 | Report Abuse

Roti kaya satu.

Posted by HafizAjiad98 > 2023-02-02 15:46 | Report Abuse

tp RM1.30 dulu. perlu tunggu masa yg panjang utk Hibiscus naik sampai RM1.80...

su1801

637 posts

Posted by su1801 > 2023-02-02 22:43 | Report Abuse

@HafizAjiad98....yes... near term tp around rm124-130 but this stock i keep for long term... Rm1.80 is long term for me

Posted by HafizAjiad98 > 2023-02-03 12:54 | Report Abuse

@su1801. bagus. nampaknya masa pegangan saham anda amat panjang

zhangzuode

254 posts

Posted by zhangzuode > 2023-02-04 11:33 | Report Abuse

Here are youtubes on the limitation of renewable energy :
a) https://www.youtube.com/watch?v=3o0xzCa2fLQ&t=149s
b) https://www.youtube.com/watch?v=AdJH3tKjvzM

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 07:57 |

Post removed.Why?

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 08:21 | Report Abuse

Haha FY22 Profit RM 613.1 Million… next step is Losses of RM 690.6 Million…take out RM 800 million from Retained Earnings…allocate RM 108.5 million for SBB …Good Financial Accounting gimmicks….

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 08:26 | Report Abuse

Haha Gearing Ratio is Going to Increase….New Borrowing and Reduction in Retained Earnings….

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 08:27 |

Post removed.Why?

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 08:33 | Report Abuse

Haha FY22 Revenue is RM 1.7 Billion..5% SST is ard RM 85.7 m … meaning Shl impact each year Profit …

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 08:43 | Report Abuse

Deferred tax liabilities RM 649 Million

Provision for decommissioning costs RM 617 million…

Borrowing. RM 581 million

Restricted cash and bank balances RM 158 million..

Cash and bank balances RM 741 million

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-06 10:53 | Report Abuse

Haha how many Subsidiaries ke ??? 2022 : 100 % own is 12 , 19 to 87 % is 13…

2020 : 100 % own is 16 ….19 to 87 % is 19 …

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 07:30 | Report Abuse

Haha Hib same same as HY ke :

Haha FY22 Profit RM 613.1 Million… next step is Losses of RM 690.6 Million…take out RM 800 million from Retained Earnings…allocate RM 108.5 million for SBB …Good Financial Accounting gimmicks…

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 07:37 | Report Abuse

Haha earlier based on these 2 Cash :

Restricted cash and bank balances RM 158 million..

Cash and bank balances RM 741 million

and Borrowing. RM 581 million ..

I had posted is Debt Free …

with the New Loan USD 120 million …it is not Debt Free anymore…

And Debt Gearing Ratio is increased with Reduction of RM 800 million Retained Earnings…

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 07:49 | Report Abuse

Haha Gearing Ratio is ard 0.66 or 66 % as until September 2022 …

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 07:59 | Report Abuse

DY 1.72%

NTA 1.2200

Such a High ROE 28.79 , and Profit but So Stingy in Dividend payout …

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 08:13 | Report Abuse

Haha no worries… as Last Friday closing price is supported well with VWAP ….

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 09:49 | Report Abuse

Haha let’s see see look look when Shl be SBB is starting…. Or to be utilised on ??????

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 09:52 | Report Abuse

Haha Net Short Position as at 2/2/2023 is Only 0.18 % … only PDT is Shorting …

Posted by HafizAjiad98 > 2023-02-07 12:41 | Report Abuse

Tak ada orang panic sell. Masih menanti Hibuscus keluar keputusan Q4 yg baik

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 17:56 |

Post removed.Why?

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 18:03 | Report Abuse

EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced ROE QoQ% YoY% Report
30 Jun, 2023
6.72 0.000 1.2200 604.77m 135.26m 1 2022-09-30 30 Jun, 2023 2022-11-22 5.5% 37.2% 225.8% View

30 Jun, 2022
10.71 0.000 1.0700 868.37m 215.51m 4 2022-06-30 30 Jun, 2022 2022-08-24 10.0% 29.9% 334.5% View

15.32 1.000 0.9300 297.06m 307.54m 3 2022-03-31 30 Jun, 2022 2022-05-25 16.5% 534.3% 860.2% View

2.42 1.000 0.7700 284.40m 48.49m 2 2021-12-31 30 Jun, 2022 2022-02-17 3.1% 16.8% 303.5% View

2.07 0.000 0.7600 246.69m 41.52m 1 2021-09-30 30 Jun, 2022 2021-11-10 2.7% 16.3% 313.9% V

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 18:07 | Report Abuse

Haha will coming QR is better than the Last 2 QR ????

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 19:52 | Report Abuse



A deferred tax liability is a listing on a company's balance sheet that records taxes that are owed but are not due to be paid until a future date. The liability is deferred due to a difference in timing between when the tax was accrued and when it is due to be paid.


Deferred tax liability is a type of long-term liability. Companies incur it when they postpone paying taxes on certain types of accounting income. The amount of the liability is the difference between a company's taxable income and its accounting income.24 Nov 2

>>> a hidden Risk :

Deferred tax liabilities RM 649 Million

Hope will not be the case as SST with Sabah Government… this is IRD ke …

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 19:54 | Report Abuse

Haha another hidden Risk .. is the money prepared ???

Provision for decommissioning costs RM 617 million…

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-07 23:07 | Report Abuse

Haha see a SGX listed company is more direct in Accounting book :

EQUITY AND LIABILITIES Equity
Share capital

(Accumulated losses)/Retained earnings

Foreign currency translation reserves

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-08 11:07 | Report Abuse

Haha back to 1.16 ke .. as said earlier closing price is Supported well with VWAP … Today 1.16 is Supported well also with VWAP …

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-08 12:37 | Report Abuse

Haha tug of war ke .. 1.16 with VWAP 1.16 ke ..

Posted by HafizAjiad98 > 2023-02-08 16:05 | Report Abuse

Public bank buy call utk trading. Nampaknya mrk juga goreng Hibiscus

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-09 08:23 |

Post removed.Why?

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-09 08:33 |

Post removed.Why?

Posted by HafizAjiad98 > 2023-02-09 12:53 | Report Abuse

Inventori minyak dari AS turun ke 2.4 juta minggu ni berbanding dengan 4,1 juta minggu lepas

slts

2,185 posts

Posted by slts > 2023-02-09 15:10 |

Post removed.Why?

Mikecyc

45,293 posts

Posted by Mikecyc > 2023-02-09 16:04 | Report Abuse

Haha just unloading … 100 lot to 1500 lot followed by 1 to 10 lot …Volume is shrinking….

Posted by HafizAjiad98 > 2023-02-10 15:53 | Report Abuse

dijangka Hibiscus menjana kira-kira RM400 juta dlm revenuenya utk suku kedua

Posted by success2628 > 2023-02-11 08:08 | Report Abuse

Oil prices posts gains after Russia says it will cut output by 500,000 barrels a day
PUBLISHED FRI, FEB 10 2023 6:18 AM EST
UPDATED 3 HOURS AGO
Ruxandra Iordache

https://www.cnbc.com/amp/2023/02/10/oil-prices-rise-after-russia-says-it-will-cut-output.html

Russia will cut oil output by 500,000 barrels per day in March, Deputy Prime Minister Alexander Novak said on Friday, following Western bans on Moscow's crude and oil products implemented in the past few months. 
The announced production decline amounts to roughly 5% of Russia's latest crude oil output, which Paris-based watchdog the International Energy Agency estimated was down at 9.77 million barrels per day in December.

The Brent contract for April delivery rose 2.24% to settle at $86.39 a barrel, having risen more than 8% for the week. U.S. West Texas Intermediate crude futures rose 2.13% to settle $79.72 a barrel, and rose 8.63% for the week for to notch the best week since October.
Novak said that the reduction will "help restore market relations," according to a Google translation of comments reported by state news agency Tass.
He noted that the cut does not apply to gas condensate and will be calculated from actual output levels, not from Russia's quota under the OPEC+ output agreement. The decision was not made in consultation with the OPEC+ coalition, which Moscow co-chairs.
OPEC+ producers must typically agree consensus on output policy, with members bound to their targets. But the group has previously allowed voluntary gestures that honor the spirit of existing output agreements — in this case, the Russian decline would build on a previous OPEC+ decision to lower production by a combined 2 million barrels per day, agreed in October last year.
Other OPEC producers facing sanctions, such as Venezuela and Iran, have requested and received exemptions from their production quotas. Several OPEC+ delegates previously told CNBC that Russia had so far signaled no intention to ask for similar accommodations.
The EU implemented bans on seaborne imports of crude oil on Dec. 5 and of oil products this week. Under a program passed by the G-7 wealthiest nations, Western providers may continue to supply key financial and shipping services to transport Russian volumes to non-G7 destinations, provided these fuels are purchased beneath specific price caps.
"As previously stated, we will not sell oil to those who directly or indirectly adhere to the principles of the 'price ceiling'," Novak reiterated on Friday, adding that the price cap program could lead to oil and oil products shortages.
"Lower Russian production together with China's reopening should tighten the oil market further over the coming quarters," UBS Strategist Giovanni Staunovo said in a Friday note to clients.

Posted by success2628 > 2023-02-11 08:15 |

Post removed.Why?

slts

2,185 posts

Posted by slts > 2023-02-11 09:42 | Report Abuse

https://www.theedgemarkets.com/node/654856

Analysis
Oil rebound more likely this year, US$100 a barrel possible, OPEC sources say

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2023-02-12 12:05 | Report Abuse

Stagnant week..1week++ left until another excellent QR

Close eyes wait share capital reduction soon (100Mil sbb) + excellent QR/div

Longer oil price stay high = more money (cashrich) = higher valuation

Posted by HafizAjiad98 > 2023-02-13 12:13 | Report Abuse

Kanaikan permintaan minyak dan kekurangan pengeluaran minyak memang akan mecetus harga minyak naik ke $100

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