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When oil price increased the oil company of couse earn more, because they produce the oil product and the cost is there it won't go high or what. For the government they just earn the dividend from the oil company not directly 100% earning,so it depend on the oil company dividend if still giving the same amount of dividend then will be headache for government. Moreover,we know that our country selling good oil for high price and buy normal oil for citizen,but it still unable to cover because we produce small amount of oil and the demand for normal oil is very high, plus the oil we sell is not finalize because if the oil need to finalize it, the cost will be very high is not worth it,so we just sell it raw. When the war started oil price increased we 100% get affect because we buying oil also,when the cost is there and government need to maintain the oil price then they have to subsidy more money. That‘s why government say lose money if oil increased,the most important part is before the war start the government already changed the way of giving subsidy which is directly benefit our citizen, if not a lot people reseller the oil to our neighbour,in the end the country run out of oil,inflation increase,economic down slope,share market will the first kena.
🚀 Record Profits & New Barrels: Is Hibiscus Petroleum still a "Buy" at RM2.05?
Hibiscus Petroleum Berhad just dropped its Q4 FY2026 results, and the numbers are massive. But before you look at the record PAT of RM361.3 million, you need to understand the "Quality" of these earnings.
The FY2026 Highlights:
✅ Record Profit: PAT grew over 200% YoY, boosted by
Good Profit but give dividend at 2 cent. and propose 1 cent as final dividend . Let hope the final dividend will change to 2 cents or more. . then this will push our share higher.