Posted by kahhoeng > 2024-04-01 21:11 | Report Abuse

Prudential been buying, guess they know how to massage the price so they can buy cheap?

Posted by kl_guy > 2024-04-02 08:49 | Report Abuse

someone is holding back the price. keep collecting.

Posted by Sangranghaeyo > 2024-04-02 11:10 | Report Abuse

oil prices continue to rise

https://www.cnbc.com/2024/04/01/crude-oil-prices-today.html

Posted by kahhoeng > 2024-04-02 17:17 | Report Abuse

brent crossed 88 and Hibiscus still not moving? Prudentail so good at this game or or not buying so no buyer???

Posted by Six6thsense > 2024-04-02 17:41 | Report Abuse

Poor people. No more cash

Posted by Six6thsense > 2024-04-02 23:40 | Report Abuse

Oil 150 very soon

Posted by NinjaInPyjamas > 2024-04-03 10:34 | Report Abuse

There is no reason or fundamental for oil going to 150. It will basically reduce a lot of demand. USD75-85 for this year is excellent. The best scenorio is we get a mild recession for this cycle to move longer.

Posted by kahhoeng > 2024-04-03 11:01 | Report Abuse

F**ked up company or f**ked up bursa, oil up and hibiscus down???

Posted by Ravetidus > 2024-04-03 11:07 | Report Abuse

@twynstar

Of course you can no longer buy at that price, there was a share consolidation exercise in 2023, stop confusing ppl

Posted by tbala > 2024-04-03 12:10 | Report Abuse

What type of counter is this when the price of oil reaches its peak and prudential investors acquire, company making profits and repurchase shares is going on but the share price is worthless in terms of investing?

Posted by Six6thsense > 2024-04-03 15:08 | Report Abuse

A test. The survival of the fittest.

Posted by paperplane > 2024-04-03 16:56 | Report Abuse

It could be a time to relook into this as IEA also expect some marginal deficit.
https://www.iea.org/reports/oil-market-report-march-2024

Output policy for the remainder of the OPEC+ bloc will be revisited when ministers meet in Vienna on 1 June to review market conditions. In this Report, we are now holding OPEC+ voluntary cuts in place through 2024 – unwinding them only when such a move is confirmed by the producer alliance (see OPEC+ cuts extended). On that basis, our balance for the year shifts from a surplus to a slight deficit, but oil tanks may get some relief as the massive volumes of oil on water reach their final destination.

Posted by Six6thsense > 2024-04-03 19:44 | Report Abuse

Be ambitious. TP 8.80

Posted by Sangranghaeyo > 2024-04-04 11:22 | Report Abuse

Then need to wait more than 3 years for it to hit 8.80 😆

Posted by Ravetidus > 2024-04-04 12:21 | Report Abuse

TP : RM3.00 end of this year

Posted by bose00 > 2024-04-04 12:41 | Report Abuse

after 2.88, clear blue sky

Posted by soon9913 > 2024-04-04 15:12 | Report Abuse

TP : RM3.1 end of this Month - Apr 24

Posted by soon9913 > 2024-04-04 23:11 | Report Abuse

Sold another piece of land with RM80mil profit

Posted by Phoebe > 2024-04-05 07:50 | Report Abuse

Brent at 91+ and It's Fri'yeah..... @^_^@

Posted by witan > 2024-04-05 22:10 | Report Abuse

Lol this prudential day trader??

2024-04-01

Insider

Notice of new substantial holder - PRUDENTIAL PLC on 27-Mar-2024.

2024-04-05

Insider

Notice of ceasing to be substantial holder - PRUDENTIAL PLC on 03-Apr-2024.

Posted by pang72 > 2024-04-06 15:41 | Report Abuse

Brent Oil
05/04
|
LCO
90.86
+0.21+0.23

Posted by witan > 2024-04-08 09:20 | Report Abuse

WTI n Brent today in deep red. Hopefully Hibiscus dont drop so much

Posted by EngineeringProfit > 2024-04-08 09:44 | Report Abuse

Wait to buy cheap........................DOn't rush

Posted by soon9913 > 2024-04-08 16:16 | Report Abuse

now is cheap to buy lo, buy now before too late

Posted by soon9913 > 2024-04-08 16:16 | Report Abuse

how likely you think iran will boom Israel?

Posted by Sangranghaeyo > 2024-04-08 16:42 | Report Abuse

Very unlikely, soon9913

https://www.jpost.com/israel-hamas-war/article-795866

Posted by twynstar > 2024-04-09 15:16 | Report Abuse

The Energy Sector Is A No-Brainer, but There’s More to Come
- Apr 08, 2024,



Morgan Stanley remains pessimistic about the U.S. stock market overall; however, MS has upgraded energy stocks to overweight from neutral, noting that energy companies have lagged the performance of oil, and the sector remains favorably valued. With a PE ratio of 13.4, the U.S. energy sector is the cheapest of the 11 market sectors.



https://oilprice.com/Energy/Energy-General/The-Energy-Sector-Is-A-No-Brainer-but-Theres-More-to-Come.html

Posted by Six6thsense > 2024-04-09 16:55 | Report Abuse

Ok. Thanks

Posted by wattsy > 2024-04-09 17:10 | Report Abuse

Someone bought large at the bell at 2.80.. any idea what happened?

Posted by kahhoeng > 2024-04-09 17:24 | Report Abuse

Ask bursa/SC to investigate and provide free report to public?

Posted by wattsy > 2024-04-09 17:58 | Report Abuse

I’m not complaining ;)

Posted by kakiminyak > 2024-04-09 20:41 | Report Abuse

Only investigate if it is going down. Going up we say Go! Go! Go! all the way!!!!!!!!!!!

Posted by daretocutandchange > 2024-04-09 21:57 | Report Abuse

armada last minute same situation as hibiscus ,is it possible both companies have corporate announcement ?

Posted by Sangranghaeyo > 2024-04-12 17:42 | Report Abuse

Oil market continues the uptrend

https://www.freemalaysiatoday.com/category/business/2024/04/12/oil-resumes-gain-as-israel-prepares-for-potential-iran-attack/

Posted by BloomBloom > 2024-04-15 14:39 | Report Abuse

Wow 2.92!!

Posted by 1pingpong > 2024-04-15 15:55 | Report Abuse

wow 2.73 2.73 - uptrend ????uptrend???

Posted by soon9913 > 2024-04-15 16:06 | Report Abuse

RM3 soon

Posted by soon9913 > 2024-04-15 16:06 | Report Abuse

collect while the price is low

Posted by EngineeringProfit > 2024-04-15 16:07 | Report Abuse

Get ready for another round to ride above 2.90....huat huat again later

Posted by cheeseburger > 2024-04-15 16:17 | Report Abuse

good luck

Posted by wattsy > 2024-04-16 09:57 | Report Abuse

Gosh… when are Hibiscus going to defend the stock gains and protect share value and long term shareholders… pump and dump again

Posted by wattsy > 2024-04-16 10:00 | Report Abuse

Seems like the Share Buy Back is a disaster..

Posted by Six6thsense > 2024-04-16 10:05 | Report Abuse

Volume low

Posted by thedancingbull > 2024-04-18 00:31 | Report Abuse

That’s all?

Posted by Sangranghaeyo > 2024-04-18 07:07 | Report Abuse

OIL prices slipped for the third straight session on Wednesday as likely higher U.S. commercial inventories weighed, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand
https://www.thestar.com.my/business/business-news/2024/04/17/oil-dips-as-demand-worries-outweigh-middle-east-supply-risks

Posted by EngineeringProfit > 2024-04-18 07:48 | Report Abuse

About yummy for another ride to above 2.85

Posted by EngineeringProfit > 2024-04-18 11:32 | Report Abuse

Yes, can start to collect bit by bit now

Posted by EngineeringProfit > 2024-04-18 15:46 | Report Abuse

Yummy

Posted by EliteYY69 > 2024-04-18 16:27 | Report Abuse

It's another waiting game. Need to wait short sellers clear the short position first. If not the price impossible to go up

Posted by Six6thsense > 2024-04-19 09:19 | Report Abuse

Sad case for those clean up yesterday.