Posted by kl_guy > 2024-10-06 10:42 | Report Abuse

As long China and Russia don't send troops over. There is hope this war can stop in short time . I hope.

Posted by EngineeringProfit > 2024-10-06 10:45 | Report Abuse

Russia is busy with Ukraine, while China just wants to test their tech- not to get fingers dirty

Posted by kl_guy > 2024-10-06 11:00 | Report Abuse

engprofit, hopefully France and EU can restraint Isreal from making a strike on Iran oil production. If not , China and EU will be the victim of this conflicts. If not Brent oil hit USD 100 is possible.

Posted by EngineeringProfit > 2024-10-06 11:01 | Report Abuse

Will hit USD 100

Posted by EngineeringProfit > 2024-10-06 11:02 | Report Abuse

Get back to all the Devil Tarot Card position

Posted by StarOfTheBull > 2024-10-07 07:59 | Report Abuse

Hezbollah rockets hit Israeli city of Haifa; Israel launches fresh strikes in Beirut.
Chance of oil price retreating is greater.

Posted by James_Bond > 2024-10-07 13:27 | Report Abuse

Israel strikes hit Russia airbase in Syria! This Middle East war is just the beginning! The worst yet to come! Brent oil USD 80 is confirmed to reach, expecting to cross USD 100+… Be informed!

https://youtu.be/nhqapk526Kg?si=g4M5MedTeJhkz78H

Posted by kl_guy > 2024-10-07 15:14 | Report Abuse

brent when back to usd 78 .

Posted by James_Bond > 2024-10-07 15:15 | Report Abuse

As expected, KL_guy… Brent oil price 100% will cross USD 80!

Posted by EngineeringProfit > 2024-10-07 15:23 | Report Abuse

For the most bilises, time in the market is typically the smarter, more reliable approach. The stock market is unpredictable in the short term, but history has shown that those who remain invested through both good and bad times tend to come out ahead in the long run. Timing the market, while tempting, often leads to missed opportunities and lower returns due to the difficulty of consistently predicting market movements.

Posted by pang72 > 2024-10-07 16:52 | Report Abuse

All out war is imminent.
US can't even talk to Israel.
Oil will hits usd100

Posted by DonAzoff > 2024-10-07 17:54 | Report Abuse

Where is the Natsuko dude that say 5199 will drop to 1.3? Noobies that dont uds fundamental and anyhow shout price is the ikan blis that always lose money in stocks. At least james porn is smart to uturn back to suppot 5199

Posted by James_Bond > 2024-10-07 18:06 | Report Abuse

Brent oil USD 79.78 now, approaching USD 80! Congrats my comrades!

Posted by EngineeringProfit > 2024-10-07 18:40 | Report Abuse

Trend is our friend

Posted by kl_guy > 2 months ago | Report Abuse

brent just break usd 80.

Posted by mf > 2 months ago | Report Abuse

U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Published Mon, Oct 7 20247:20 AM EDTUpdated 2 Hours Ago

Posted by James_Bond > 2 months ago | Report Abuse

As i predicted, Brent oil crossing USD 80, next would be USD 90 and then USD 100+…

Posted by James_Bond > 2 months ago | Report Abuse

Brent oil USD 81.13 6.05am 8/10/2024!

Posted by bullrun168 > 2 months ago | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !

Posted by pang72 > 2 months ago | Report Abuse

BIMB target $3.40
So, limit up today lo

Posted by kahhoeng > 2 months ago | Report Abuse

hahaha... limit up

Posted by kl_guy > 2 months ago | Report Abuse

need to break rm2.60 first before u shout limit up .

Posted by Rahman00 > 2 months ago | Report Abuse

Btw just asking ah, why Hibiscus not acquiring any block in Sarawak? Any idea?

Posted by STFUrr88 > 2 months ago | Report Abuse

Hibiscus doesn't randomly acquire blocks which might not be feasible for additional future farm in or exploration. My two cents opinion. Every move by hibiscus basically will have a future expansion plan around it's assets. And obviously hibiscus has enough of future capex to be committed till 2028.

Posted by Rahman00 > 2 months ago | Report Abuse

Ohh I'm asking because they want to increase their gas portfolio, so I was thinking that Sarawak has many gases asset. So, I just wandering about it. But do you think that in near term they will acquire any more assets?

Posted by STFUrr88 > 2 months ago | Report Abuse

If the management wants to reach their target of 50k bbd soon, definitely acquiring asset is the only option. But whether financially is feasible to do so is another story.

Posted by STFUrr88 > 2 months ago | Report Abuse

Usually hibiscus only acquire brownfield at the right price, optimise the production, then maximise profit. I'm not sure whether Sarawak has any such brownfield for sale at the moment which is eyed by hibiscus

Posted by Sangranghaeyo > 2 months ago | Report Abuse

Middle east conflict slowing down?

Posted by Ruben3636 > 2 months ago | Report Abuse

Israel isn't gonna knock out Iran's oilfields and even if it does, market has other venues to make up for lost supply .All in all it has become speculative and nothing else.

Posted by James_Bond > 2 months ago | Report Abuse

Middle East conflict is just the beginning! Brent oil price will shoot back up to USD 80 and beyond! Watch out!

Posted by kahhoeng > 2 months ago | Report Abuse

To Investor Relations,

Hi, my name is xxx and a shareholder of Hibiscus Petroleum who will be attending the EGM tomorrow. Before raising my concern, I would like to congratulate to the BODs for another acquisition which hopefully will bring Hibiscus into the next level.

With Maybank report depicting an unfriendly view on Hibiscus, I was wondering if you would kindly offer retail investors like me a brief view of Hibiscus Petroleum given the following scenario during the EGM?

1. Brent oil of USD 75 and Tapis of USD 78
2. USD-RM exchange rate of RM 4.2 to USD 1
3. Excluding any adjustment or impairment

In particular, may I know given above scenario, what would Hibiscus Petroleum operating cash flow, net profit, and capital expenditure be before and after the acquisition of Brunei asset as below:

Before Acquisition After Acquisition
Operating Cash Flow
Net Profit
Capital Expenditure

An estimation would greatly assist minority shareholders like me (who lack the full scale of forecasting Hibiscus financial performance) to understand the great condition of Hibiscus Petroleum given scenario.

Posted by Chidi Shi > 2 months ago | Report Abuse

$HIBISCS (5199.MY)$ 公司把赚的钱都拿去买新油田，股息给太少了。即使不断的回购股票，也还是跌跌不休！应该把净利38%拿来派息予小股东，或者是把回购的库存股发红给股东。只要有股价的5%以上回酬率，那么此股价格至少站在3令吉以上。

Posted by STFUrr88 > 2 months ago | Report Abuse

To be honest, share price will only go up when the issued amount of shares be reduced tremendously or unexpected good news like Brent 100 be announced. As of now, we can see that management is still doing share buy back daily basis to justify their view that the share price is currently at an undervalued state. The direction of everything is right and the ball is in our court

Posted by James_Bond > 2 months ago | Report Abuse

Brent oil price rebounding strongly as predicted… all the way to USD 80 and beyond!

Posted by James_Bond > 2 months ago | Report Abuse

By the way, Winter is around the corner… need lots of energy to generate electricity to keep warm…

Posted by James_Bond > 2 months ago | Report Abuse

Before I forget, be informed that Israel gonna revenge strikes on oil refineries, nuclear plants or military bases in Iran… Watchout!

Posted by Kim > 2 months ago | Report Abuse

Take it before kaboomm =)

Posted by Six6thsense > 2 months ago | Report Abuse

This flower such a pressure slow cooker. Pressure 99 and cook slow slow

Posted by Six6thsense > 2 months ago | Report Abuse

Pressure and temperature valve controller works well at desired parameter

Posted by pejatrade > 2 months ago | Report Abuse

Just like a bomb maybe...tunggu dia meletup fly high...

Posted by James_Bond > 2 months ago | Report Abuse

Milton Hurricane brought with it winds over 100mph hitting Florida, US… offshore petroleum and natural gas production would be affected… be prepared for Brent oil hitting above USD 80 and beyond! Haha!
https://www.bbc.com/news/articles/c4gdxy4d5vno.amp

Posted by Gaussian > 2 months ago | Report Abuse

USD 100 coming. lol

Posted by STFUrr88 > 2 months ago | Report Abuse

Announcement is made. Basically 600 million of final payment for the Brunei asset. Which will generate about 150 mill for the next 15 years assuming the JV last till 2039. Now it's obvious why hibiscus is so confident of it's balance sheet

Posted by witan > 2 months ago | Report Abuse

Oil price drop so much yesterday. Wonder why?

Posted by STFUrr88 > 2 months ago | Report Abuse

Basically the sentiment is very poor for oil. There won't be tremendous profit for hibiscus. But it's a growing company and there's no doubt about it

Posted by witan > 2 months ago | Report Abuse

Netanyahu tells U.S. that Israel will strike Iranian military, not nuclear or oil, targets, officials say
Is this why oil price drop?

Posted by EliteYY69 > 2 months ago | Report Abuse

Definitely one of the reason the brent oil drop. And the shorties are shorting the brent very aggresive too

Posted by Sangranghaeyo > 2 months ago | Report Abuse

They will goreng China-Taiwan war later the media from US 😁

Posted by EngineeringProfit > 2 months ago | Report Abuse

Collect again today 2.16-2.17....yummy

Posted by wattsy > 2 months ago | Report Abuse

Now their new cash cow is in play (and it's gas and not oil) would be good to see their share buyback intensify. We won't see the full impact of the new acquisition until Feb 25 with the results for Q4 24. With the new acquisition adding another US$40 Million PAT to their bottom lines it's becoming more and more compelling. This coupled with the geopolitical risk just have to wait for it to play out and take off.