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.
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!
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.
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
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
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.
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?
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.
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
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.
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.
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
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
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
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.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kl_guy
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Posted by kl_guy > 1 month ago | Report Abuse
As long China and Russia don't send troops over. There is hope this war can stop in short time . I hope.