HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.59

Today's Change

-0.02 (0.77%)

Day's Change

2.58 - 2.63

Trading Volume

2,977,100


67 people like this.

104,620 comment(s). Last comment by Six6thsense 1 day ago

troy88

2,605 posts

Posted by troy88 > 2023-08-10 15:41 | Report Abuse

Let's go!

twynstar

357 posts

Posted by twynstar > 2023-08-10 16:02 | Report Abuse

Are We Nearing A Fossil Fuel Turning Point?


Bottom line: it looks as if fossil fuel consumption as a whole slows down and peaks in five years (more or less), but oil will peak later because, initially, the renewable boom will reduce the use of fossil fuels in electricity generation faster than electrification of transportation.


https://oilprice.com/Energy/Energy-General/Are-We-Nearing-A-Fossil-Fuel-Turning-Point.html

1pingpong

632 posts

Posted by 1pingpong > 2023-08-10 16:33 | Report Abuse

Article shows an Oversimplification of so called renewable energy to replace fossil fuels so swiftly that it may happen prior to the maturity of Transportation via the sun or non-oil based. Accessibility to renewable energy is all about money. Money to buy expensive tech. Unless tech is given freely to the excluded groups. Even then, the culture and habit of switching to renewable energy can only be 100% upon prooven efficiency of the said tech (one that far exceed the performance of oil). Yes the time will come when oil no longer king, but It might be just pressed down to the same level as the other mean of energy source. To fully put aside oil...and thrive...as i said, alien tech.

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-10 17:29 | Report Abuse

Congrats comrades! Brent oil broke NEW HIGH to USD 88 finally! Heading to USD 89 soon. Cheers!

Posted by Robert Waters > 2023-08-11 00:10 | Report Abuse

Wow, this is something !!! Great news ...

1pingpong

632 posts

Posted by 1pingpong > 2023-08-11 15:05 | Report Abuse

US cpi release yesterday plus tmrow election. Monday once government firmed, line will be clear. Today panic sell, a lot of passenger off train...and became spectators.

1pingpong

632 posts

Posted by 1pingpong > 2023-08-11 15:34 | Report Abuse

hlb target 1.10. Hahaha. So conservative. Now only come out the target.

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-11 15:47 | Report Abuse

Congrats comrades! Brent oil rebounded strongly to USD86.64! Heading to USD 87-88. Cheers!

1pingpong

632 posts

Posted by 1pingpong > 2023-08-11 15:56 | Report Abuse

Oil is arab 65℅ ish income. They are having coming mega project. The line building in dessert will need cash in billions...where do u think the money from? Will they let brent oil sell cheap?

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-11 16:28 | Report Abuse

Arab wan crude oil above USD 100!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-14 09:46 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded to USD 86.61 again, challenging USD 87 soon. Cheers!

Posted by HafizAjiad98 > 2023-08-14 11:57 | Report Abuse

Hibiscus akan naik balik ke Rm1..?

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-14 15:36 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded to USD 86.16 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-14 15:39 | Report Abuse

Ringgit depreciation to USD will make hibiscus earn even more… hibiscus is indeed cash generating machine! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-14 15:56 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded to USD 86.28 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-14 16:00 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 86.58 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-14 16:38 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 86.66 again! Cheers!

Posted by Six6thsense > 2023-08-14 16:54 | Report Abuse

1.8

Posted by HafizAjiad98 > 2023-08-15 09:45 | Report Abuse

Pasaran minyak macam agak panas kebelakangan ini

1pingpong

632 posts

Posted by 1pingpong > 2023-08-15 11:32 | Report Abuse

Apa lagi. 100k top up today.

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-15 14:21 | Report Abuse

Warren Buffett still holding 25% of occidental petroleum corporation, no plan to dispose the shares yet! We shall follow Warren Buffett to continue investing in crude oil producing company. Hv faith and you will be rewarded greatly.

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-15 14:34 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 86.71 again! Cheers!

Posted by EngineeringProfit > 2023-08-15 16:34 | Report Abuse

Can add oil ah?

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-16 07:06 | Report Abuse

Hibiscus QR will be released end of this month, expecting good QR with dividends based on high crude oil price and depreciation of ringgit! Cheers!

Posted by Robert Waters > 2023-08-16 09:50 | Report Abuse

Oil a bit down but things are still looking good. Hang in there.

wattsy

31 posts

Posted by wattsy > 2023-08-16 10:09 | Report Abuse

Another 6 million barrel draw in reserves in the states. Since April reserves are down 30 Million Barrels… what happens when it becomes a deficit in a few months .. they use the SPR again which is at 40 year lows…
https://oilprice.com/Latest-Energy-News/World-News/Oil-Steady-Despite-Large-Crude-Draw.html

1pingpong

632 posts

Posted by 1pingpong > 2023-08-16 13:41 | Report Abuse

China released much lower consumer and development stat. Naturally is low as they just come out of covid lockdown. But after this, full swing. A sudden bargain for the spectators.

1pingpong

632 posts

Posted by 1pingpong > 2023-08-17 10:06 | Report Abuse

Have to wait for next week - China interest cut.

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 14:33 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 83.58 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 14:45 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 83.77 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 14:51 | Report Abuse

Great one, Shaking off the traders! From now onwards, all are hibiscus loyal investors! You will be rewarded greatly!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 14:59 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 83.84 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 15:30 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 83.91 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 15:44 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 84 again! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 16:09 | Report Abuse

Expecting the National Energy Transition Roadmap (NETR) and Hydrogen Economy and Technology Roadmap (HETR) of Malaysia would include hibiscus, the only listed crude oil producing company, to join the global effort to bring down global warming by installing carbon capture and storage (CCS) in hibiscus oil production plants. Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-17 18:24 | Report Abuse

Congrats my fellow comrades! Brent oil rebounded strongly to USD 84.22! Cheers!

Posted by Robert Waters > 2023-08-17 18:29 | Report Abuse

What happened today. Train wreck in slow motion. All due to crude oil price ?

Trianon

95 posts

Posted by Trianon > 2023-08-18 09:58 | Report Abuse

BofA Global Research outlined that it was maintaining a Brent forecast of $90 per barrel and a WTI forecast of $85 per barrel for next year.

https://www.rigzone.com/news/bofa_global_research_reveals_latest_oil_price_forecasts-17-aug-2023-173684-article/

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-19 10:23 | Report Abuse

Indeed, Brent oil rebounded strongly to USD 85.08! Congrats my fellow comrades! Cheers!

Posted by Robert Waters > 2023-08-20 14:51 | Report Abuse

Fingers crossed for oil and hibiscus
🌺

Posted by HafizAjiad98 > 2023-08-21 09:23 | Report Abuse

Q4 keluar minggu ni?

Posted by Six6thsense > 2023-08-21 10:13 | Report Abuse

prepare money and wait for QR to dip and collect

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-21 12:03 | Report Abuse

Brent oil rebounded strongly to USD 85.66! Congrats my fellow comrades! Cheers!

James_Bond

2,552 posts

Posted by James_Bond > 2023-08-21 12:07 | Report Abuse

Remember all hibiscus oil well can potentially use for carbon dioxide storage and market it internationally in exchange for carbon credits! PETRONAS is given a task to make sure it is a success in line with NETR! Cheers!

paktua73

18,335 posts

Posted by paktua73 > 2023-08-21 12:13 | Report Abuse

selamat tgh hari bungaraya .
paktua will come back when below rm0.90 again..
never lookdown on bungaraya..


tut tut
next sept to nov is best time to fight bungaraya

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