HIBISCS breakout?Yesterday, the closing price of HIBISCS breakout TC. Based on EPRAF, the price will rise when it successfully breaks the highest price of TC. Let's see the performance of HIBISCS this week.
0.560MYR
400.52 MMYR
2.34 BMYR
573.76 M
About HIBISCUS PETROLEUM BHD
Sector
Industry
CEO
Kenneth Gerard Pereira
Website
Headquarters
Kuala Lumpur
Employees (FY)
824
Founded
2007
ISIN
MYL5199OO004
FIGI
BBG001Q80108
Hibiscus Petroleum Bhd. is an investment holding company, which engages in the exploration and production of oil and gas. It operates through the following segments: Malaysia-North Sabah, Malaysia-Kinabalu and Others, Commercial Arrangement Area, United Kingdom, Australia, Vietnam, and Investment Holding and Group Activities. The Malaysia-North Sabah segment invest in interest in North Sabah, located off the coast of Sabah, Malaysia. The Malaysia-Kinabalu and Others segment refers to group's investments and operations in Kinabalu, PM305 and PM314. The Commercial Arrangement Area segment focuses on PM3 CAA, located within the CAA between Malaysia and Vietnam. The United Kingdom segment consists of the Anasuria Area, the Marigold Area, and all located offshore in the UK Continental Shelf. The Australia segment operates in the VIC/RL17 for the West Seahorse field and investment in 3D Oil. The Vietnam segment contains Block 46 the producing Cai Nuoc field and the undeveloped Hoa Mai field. The Investment Holding and Group Activities segment is involved in the investments in companies owning and operating oil and gas concessions, and provision of project management, technical and other services relating to the oil and gas exploration, and production industry. The company was founded on December 5, 2007 and is headquartered in Kuala Lumpur, Malaysia.
HIBISCS HIT TP2L-H-HL
Confirmation at 1.14.
If close above 1.14, will hit TP3 at 1.18. If close below 1.14, wait for pullback to entry.
Chart Idea HibiscusKaunter Hibiscus dijangka sedang membentuk handle patern sambil disokong oleh pergerakan fibo menuju ke 2.61 (Monthly Chart)
Hibiscus Simple Chart AnalysisHibiscus - Perhaps this might run too as their QR recently was good. May set 0.93 area as support & let's see if 1.01 able to break cause once that happen, it will run higher here. All this might happen when brent did rebound from those support area.
Hibiscus Simple Chart AnalysisHibi, if this 1.06 area successful to breakout & maintain it will. I believe it will head towards 1.3 area back here.
Hibiscus DailyMultiple Timeframe
Daily
- forming downtrendline
Weekly
- Reversal candle Bullish Engulfing
HIBISCS - Faces resistance aheadComment for weekly chart:
1) TrendX+ indicator - candlestick still swing below trendline, however mid-term trendline has turned green, but it depends on weekly close as it could turn red again
2) DDX+ indicator - the share price moves up in the past few weeks is considered an oversold rebound. Mon
HIBISCS - Breakout downtrend channel. Potential reversal?Price is currently at demand area as the priced might forming strong support around RM0.805 - RM 0.83.
The price has broke out the downtrend channel on 26/07/2022. Could HIBISCS starts to reverse for uptrend?
Potential entry:
1) RM0.805 - RM0.83
2) RM0.72 - RM0.74 (Best entry for long-term)
Resist
BullishHibiscs continues edging higher and found support at 1.29. We are positive for further upside movement towards 1.61. Resistance is seen on the red horizontal lines.
Read disclaimer.
Oil and Gas : Hibiscus, Carimin in focusJust for record on beautiful ascending triangle channel (without spring) schematic of accumulation for Hibiscus.
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Frequently Asked Questions
The current price of HIBISCS is 2.720 MYR — it has decreased by 1.45% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange HIBISCUS PETROLEUM BHD stocks are traded under the ticker HIBISCS.
HIBISCUS PETROLEUM BHD is going to release the next earnings report on May 22, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for HIBISCUS PETROLEUM BHD has a max estimate of 3.440 MYR and a min estimate of 2.990 MYR.
HIBISCS earnings for the last quarter are 0.17 MYR whereas the estimation was 0.17 MYR which accounts for 0% surprise. Estimated earnings for the next quarter are 0.17 MYR. See more details about HIBISCUS PETROLEUM BHD earnings.
HIBISCUS PETROLEUM BHD revenue for the last quarter amounts to 604.80 M MYR despite the estimated figure of 604.80 M MYR. In the next quarter revenue is expected to reach 503.60 M MYR.
Yes, you can track HIBISCUS PETROLEUM BHD financials in yearly and quarterly reports right on TradingView.
Like other stocks, HIBISCS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HIBISCUS PETROLEUM BHD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 824.00 employees. See our rating of the largest employees — is HIBISCUS PETROLEUM BHD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. HIBISCUS PETROLEUM BHD EBITDA is 1.83 B MYR, and current EBITDA margin is 74.01%. See more stats in HIBISCUS PETROLEUM BHD financial statements.