Highlights
KLSE: HIBISCS (5199)       HIBISCUS PETROLEUM BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
2.62   -0.10 (3.68%)  2.62 - 2.70  3,845,400
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening 30/06/2011 - -
Closing 30/06/2011 - -
Price
Issue Price 0.75 - -
Par Value 0.010 - -
Units 418,047,922 - -
Share Capital 0.000 - -
No of Shares
Public Issue Between 200,000,000 to 400,000,000 - -
Offer for Sale - - -
Private Placement Between 190,000,000 to 390,000,000 - -
Time Table
Allotment Date 19/07/2011 - -
Listing Date 25/07/2011 - -
Issuing House EQS 644 - -
ISIN Code MYL5199OO004 - -
Prospectus:
PUBLIC ISSUE OF BETWEEN 200,000,000 AND UP TO 400,000,000 NEW ORDINARY SHARES OF RM0.01 EACH IN OUR COMPANY ("PUBLIC ISSUE SHARES"), TOGETHER WITH BETWEEN 200,000,000 AND UP TO 400,000,000 FREE DETACHABLE WARRANTS ("WARRANTS-A") ON THE BASIS OF 1 WARRANT-A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RM0.75 PER PUBLIC ISSUE SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING:

• BETWEEN 190,000,000 AND UP TO 390,000,000 PUBLIC ISSUE SHARES TOGETHER WITH BETWEEN 190,000,000 AND UP TO 390,000,000 WARRANTS-A ON THE BASIS OF 1 WARRANT-A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED BY WAY OF PLACEMENT TO SELECTED INVESTORS;

• 10,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 10,000,000 WARRANTS-A ON THE BASIS OF 1 WARRANT-A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD.
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  67 people like this.
 
wattsy Noticed a few times of late that after the bell at 4.45pm there’s a diminishing of the stock price with late sales. It’s like most of the buy calls a removed but there’s some dodgy low value trades a few cents lower which seem to manipulate the price for the day.. most of the day it’s 2.59-60 and then a few low value trades at 2.56 after 4.45….???!
01/04/2024 6:52 PM
kahhoeng Prudential been buying, guess they know how to massage the price so they can buy cheap?
01/04/2024 9:11 PM
kl_guy someone is holding back the price. keep collecting.
02/04/2024 8:49 AM
Sangranghaeyo oil prices continue to rise

https://www.cnbc.com/2024/04/01/crude-oil-prices-today.html
02/04/2024 11:10 AM
kahhoeng brent crossed 88 and Hibiscus still not moving? Prudentail so good at this game or or not buying so no buyer???
02/04/2024 5:17 PM
Six6thsense Poor people. No more cash
02/04/2024 5:41 PM
Six6thsense Oil 150 very soon
02/04/2024 11:40 PM
NinjaInPyjamas 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.
03/04/2024 10:34 AM
kahhoeng F**ked up company or f**ked up bursa, oil up and hibiscus down???
03/04/2024 11:01 AM
Ravetidus @twynstar

Of course you can no longer buy at that price, there was a share consolidation exercise in 2023, stop confusing ppl
03/04/2024 11:07 AM
tbala 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?
03/04/2024 12:10 PM
Six6thsense A test. The survival of the fittest.
03/04/2024 3:08 PM
paperplane 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.
03/04/2024 4:56 PM
Six6thsense Be ambitious. TP 8.80
03/04/2024 7:44 PM
Sangranghaeyo Then need to wait more than 3 years for it to hit 8.80 😆
04/04/2024 11:22 AM
Ravetidus TP : RM3.00 end of this year
04/04/2024 12:21 PM
bose00 after 2.88, clear blue sky
04/04/2024 12:41 PM
soon9913 TP : RM3.1 end of this Month - Apr 24
04/04/2024 3:12 PM
soon9913 Sold another piece of land with RM80mil profit
04/04/2024 11:11 PM
Phoebe Brent at 91+ and It's Fri'yeah..... @^_^@
05/04/2024 7:50 AM
witan 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.
05/04/2024 10:10 PM
pang72 Brent Oil
05/04
|
LCO
90.86
+0.21+0.23
06/04/2024 3:41 PM
witan WTI n Brent today in deep red. Hopefully Hibiscus dont drop so much
08/04/2024 9:20 AM
EngineeringProfit Wait to buy cheap........................DOn't rush
08/04/2024 9:44 AM
soon9913 now is cheap to buy lo, buy now before too late
08/04/2024 4:16 PM
soon9913 how likely you think iran will boom Israel?
08/04/2024 4:16 PM
Sangranghaeyo Very unlikely, soon9913

https://www.jpost.com/israel-hamas-war/article-795866
08/04/2024 4:42 PM
twynstar 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
09/04/2024 3:16 PM
Six6thsense Ok. Thanks
09/04/2024 4:55 PM
wattsy Someone bought large at the bell at 2.80.. any idea what happened?
09/04/2024 5:10 PM
kahhoeng Ask bursa/SC to investigate and provide free report to public?
09/04/2024 5:24 PM
wattsy I’m not complaining ;)
09/04/2024 5:58 PM
kakiminyak Only investigate if it is going down. Going up we say Go! Go! Go! all the way!!!!!!!!!!!
09/04/2024 8:41 PM
daretocutandchange armada last minute same situation as hibiscus ,is it possible both companies have corporate announcement ?
09/04/2024 9:57 PM
Sangranghaeyo Oil market continues the uptrend

https://www.freemalaysiatoday.com/category/business/2024/04/12/oil-resumes-gain-as-israel-prepares-for-potential-iran-attack/
12/04/2024 5:42 PM
BloomBloom Wow 2.92!!
15/04/2024 2:39 PM
1pingpong wow 2.73 2.73 - uptrend ????uptrend???
15/04/2024 3:55 PM
soon9913 RM3 soon
15/04/2024 4:06 PM
soon9913 collect while the price is low
15/04/2024 4:06 PM
EngineeringProfit Get ready for another round to ride above 2.90....huat huat again later
15/04/2024 4:07 PM
cheeseburger good luck
15/04/2024 4:17 PM
wattsy Gosh… when are Hibiscus going to defend the stock gains and protect share value and long term shareholders… pump and dump again
16/04/2024 9:57 AM
wattsy Seems like the Share Buy Back is a disaster..
16/04/2024 10:00 AM
Six6thsense Volume low
16/04/2024 10:05 AM
thedancingbull That’s all?
18/04/2024 12:31 AM
Sangranghaeyo 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
18/04/2024 7:07 AM
EngineeringProfit About yummy for another ride to above 2.85
18/04/2024 7:48 AM
EngineeringProfit Yes, can start to collect bit by bit now
18/04/2024 11:32 AM
18/04/2024 3:46 PM
EliteYY69 It's another waiting game. Need to wait short sellers clear the short position first. If not the price impossible to go up
18/04/2024 4:27 PM


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