HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

1.95

Today's Change

-0.02 (1.02%)

Day's Change

1.95 - 1.97

Trading Volume

1,038,900

Date Old New View
Discussions
68 people like this. Showing 50 of 105,287 comments

Gaussian

Run run run. lol

3 weeks ago

NinjaInPyjamas

Aiyo oil price now still so much higher than 2017-2019, where got low. Production volume also higher but crude oil mix has dropped to 50% and 50% gas. Only thing lower is the share price of Hibiscus vs that period.

3 weeks ago

learner9

oil up and 5199 drops.

3 weeks ago

kl_guy

when main stream media say sell . u better do opposite . Most of the time , they pay to write up story so that fund manager can collect cheap . It is better look at the chart to determine entry than reading news to decide buy or sell.

3 weeks ago

Gaussian

Run run run

2 weeks ago

kl_guy

brent have move back usd 75. Hibiscus show triple bottom in chart.
we might see a recovery on hibiscus stock price

2 weeks ago

Gaussian

Run run run

2 weeks ago

Six6thsense

Have another 4 years time to bloom in a dirty world

2 weeks ago

Mitch0822

RM1.50 soon?

2 weeks ago

Gaussian

Run run run

2 weeks ago

ZoeZoe

if you compare Hibiscus price with Brentcrude, this current price is when Brent is around 70usd. Either the market is over-reacting or this is washing weak holders? Hibiscus makes profit when Brent is 65usd and above..... unless it slips below that i don't think there should be panic sell. but might need to wait for now with Trumps new policy!

2 weeks ago

Sangranghaeyo

Greedy when others are fearful ?

2 weeks ago

Gaussian

Run run run

2 weeks ago

cheeseburger

sell before too late. Is down trend now.

1 week ago

Six6thsense

Its ok. Waiting ghost story

1 week ago

Gaussian

Run run run

1 week ago

NESARAJAH1

Gaussian Run Run Run. Please Run away from the forum. Low IQ with only one syllabus. Run

1 week ago

Gaussian

Hahhaa I was right all along when I call run. lol

1 week ago

mf

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1 week ago

Gaussian

Run run run

1 week ago

ZoeZoe

Wow Public Bank gave such a low target price for Hibiscus. That is back to Covid days! just horrible. The only catalyst is to wait for the China recovery

1 week ago

STFUrr88

Nuts analyst with nuts prediction. I dare them to press to that price so that I can enter more

1 week ago

StarOfTheBull

If oil below USD70 it will be very bad for upstream oil and gas companies. Hopefully not.

1 week ago

Gaussian

Run run run

1 week ago

Income

Still okay?

1 week ago

Gaussian

Run run run

6 days ago

NinjaInPyjamas

The price of hibiscus is partly due to the short selling by funds. Similar to the gloves shorting past years. Difference in situation is Hibiscus capacity is expanding n making good cashflows while the glove making are cutting the capacity due to oversupply. Look at what the price Harta now, is almost 100% increased. Same will happen here but maybe more.

6 days ago

Phoebe

QR release. Revenue and PAT dropped 30%+. Didn't look into the details.

5 days ago

Six6thsense

Ghost story. Run run run

5 days ago

STFUrr88

Production is 16kbbl/d due to various unplanned and planned maintenance. Production has from Oct onwards increase to 27kbbl/d. It's so easy to project it's profit based on production. Basically even at current low Brent price, profit will top 100-120 mill/qr. Most importantly cash flow didn't even drop but increase after the acquisition which strongly suggests that all future and ongoing projects will be carried out

5 days ago

Income

This bunga very pretty

5 days ago

Gaussian

Run run run

5 days ago

Gaussian

Shit WW3 is coming lol

5 days ago

Gaussian

Run run run

5 days ago

ZoeZoe

based on this current price 1.90, it is around 0.75 before consolidation. During covid time, when Brent was 65 per barrel it was around 0.66. Imagine with the expansion of business and increase in Brent but the price is only 0.75. Undervalued

5 days ago

STFUrr88

This hibiscus is a marathon stock. We knew it's undervalued. We knew the company is doing SBB aggressively by which they have accumulated almost 5% from open market so far. It's always a matter of time before the shorties, traders and gut-less minority realise it's impossible to push it down somemore

5 days ago

Ravetidus

Trump is going to "drill baby drill" next year

5 days ago

twynstar

Management team started mentioning " privatization, mergers or takeover" due to extremely undervalued

4 days ago

STFUrr88

Good to know twynstar. At current rate of SBB, easily by next qr the total amount of SBB will be more than 10%. Anything would be possible with minimal amount of floating shares in the market and such a depressed share price will only make everything more feasible be it privatisation or takeover.

4 days ago

Alextan916

natural gas has started flying high, anyone knows how this contribute to profit?

4 days ago

Six6thsense

You will get rich in 3 months time

4 days ago

STFUrr88

Yes. Next qr u shall see hibiscus reap the reward from it's expansion

4 days ago

NinjaInPyjamas

India, Africa, South America will continue to use more oil and coal. While develop countries will need more natural gas for power generation if they want to use more EV while using more petrol n diesel hybrids. China will use more of both.

4 days ago

STFUrr88

Management just did one of the greatest SBB today breaching 1 million units. Today's trading volume has shrunken below 4 million units. Let the SBB move continue. I believe by wiping out 10% of floating shares in the open market will push the price above 3 easily

2 days ago

Alextan916

Hopefully they will decide to wipe off the share buybacks units or distribute to shareholder as bonus

2 days ago

wattsy

Does anyone know what happens to the share price if Hibiscus cancels the treasury shares. Is the share price then reset upwards in accordance to the proportion cancelled so the market cap remains the same? Also - with the renewal of the mandate to continue to buy up to 10% each year is that 10% of the share remaining in the market excluding those already bought into hibiscus treasury?

1 day ago

Gaussian

Run run run WW3 coming

1 day ago

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