$HIBISCS (5199.MY)$ PETALING JAYA: Oil & gas companyHibiscus Petroleum BhdWill end at the best scenario as long as the Brent crude oil price stays above $70 per barrel.
Hong Leong Investment Bank Research (HLIB Research) stated that Hibiscus' positive outlook is supported by the fact that all major annual maintenance activities have been completed, allowing production to normalize in the coming quarters.
As of the time of release, the trading price of Brent crude oil is around $73 per barrel.
Given the rebound in earnings over the next few quarters and the not demanding valuation, we believe that the downside risk of its stock price seems to be quite limited.
HLIB Research stated in a report: "At the current price, Hibiscus' PE ratio is 3.5 times the earnings for the 2026 fiscal year (FY26), with a dividend yield of 3.9% (based on a conservative assumption of 7.5 sen)."
Meanwhile, BIMB Research expects Hibiscus' sales to rebound over the next few quarters with additional sales donations support from the Brunei Block B MLJ Field.
The acquisition of the asset was completed on October 14, 2024.
BIMB Research pointed out that Hibiscus' target in the 2025 fiscal year...

$HIBISCS (5199.MY)$ (Kuala Lumpur, 19th) oil & gasPrice decreases, Malaysian Ringgit strengthens, coupled with reduced production, dragging down Da Hong Hua Petroleum.(HIBISCS, 5199, main board energy group) As of the first quarter ended on September 30, 2024, net profit plunged sharply by 51.00% to 75.6 million 3,000 ringgit, compared to 0.1 billion 54.29 million 8,000 ringgit in the previous period.
First-quarter revenue also declined by 36.06% to 0.4 billion 77.39 million 5,000 ringgit, compared to a total of 0.7 billion 46.62 million 4,000 ringgit in the previous period.
The board of directors of the company proposed a dividend of 2 cents per share, with ex-rights and entitlement dates of December 26 and December 27, respectively, and to be paid on January 22, 2025.
Big Red Flower Petroleum issued a statement indicating a decrease in first-quarter revenue, attributed to the sale of a total of 1.67 million barrels of oil equivalent of oil, condensate, and natural gas, a 17.9% decrease from 2.03 million barrels of oil equivalent a year ago. The average selling price also dropped from $96.94 per barrel during the same period last year to $83.55.
During this quarter, there were no crude oil sales from its assets in Kota Kinabalu, while the crude oil volume and prices from assets in Peninsular Malaysia, North Sabah, and the United Kingdom all decreased.
In terms of production, due to scheduled maintenance at four assets, the group's first-quarter production of crude oil, condensate, and natural gas products was 0.016707 million barrels of oil equivalent, a 16.9% decrease from 0.021117 million barrels in the first quarter of the 2024 fiscal year.
However, its production has since returned to normal, reaching an average of 7,300 barrels per day in October....

$RHBBANK (1066.MY)$ Banks may face a downturn in the field next year. Analysts: It's time to reduce shareholding in banks!
Banks are expected to face a downturn next year. Analysts suggest reducing shareholding of MAYBANK!

$MBSB (1171.MY)$ Banks may face a downturn in the field next year. Analysts: It's time to reduce shareholding in banks!

$HIBISCS (5199.MY)$ The oil price has dropped, earning much less money! Even the net asset value per share of 3.88 ringgit has dropped to 3.51 ringgit, how tragic! On January 22, 2025, there was a dividend income of 0.03 ringgit, although small, but it can barely be used as living expenses! I hope the CEO boss can distribute 30% of the net profit as dividends to us shareholders for our living.The drop in stock price has caused me huge losses!

$MBSB (1171.MY)$ Buy from you again when it falls back to a reasonable price of 0.58 per share!

$YTLPOWR (6742.MY)$ Will soon callback to the reasonable price of 1.68 ringgit per share! Just wait patiently!

$YTLPOWR (6742.MY)$ Oh, stumbling and staggering... Going forward three steps, retreating five steps... Look closely at his face.

$YTLPOWR (6742.MY)$ I am patiently waiting at 1.68!