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RH PetroGas
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What happen to RH PetroGas
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piscesmonkey
Supreme |
11-May-2026 11:04
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Wah no deal oil chiong up 5% | ||||
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stockpicker
Master |
11-May-2026 09:30
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Now, Big Oil is expected to reap a $60 billion windfall from the &ldquo Trump Oil Shock,&rdquo generating more than $30 million in profit every hour in the first month of the war. Likely that RH and Rex will make good money during this war to compensate for the bad time in Q3 and Q4.  Understand Exxon and Chevron also have bad earnings during the first 3 months of 2026 but they have expected to reap billion after the Iran war during to recent oil hikes. https://climatepower.us/news/new-shell-makes-almost-7-billion-in-profits-as-americans-continue-to-pay-record-high-prices-at-the-pump/   |
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stockpicker
Master |
11-May-2026 08:53
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Whistler blower on corruption etc happening all the time,  even in Singapore.  It is not likely to affect the company if the company is making money with good earnings.  Think it is more affected by the recent event in Rex Intl that was claimed to have an " going concerns" .  Just like to say that RH is in a much better position in term of fundamental and earning quality.    It has a accural free cash (AFC) of -0.16 for TTM which is  quite good compared to the average companies although its performance was dragged down by Q3 & Q4 when the oil price was around $60/-.    Negative AFC meaning the company has a good earning quality that is able to turn income into free cash.    The recent oil price hikes should do good to boost RH' s performance and its AFC should improve further.    On the other hand,  Rex Intl' s AFC are not good.
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lailai
Elite |
07-May-2026 08:40
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agreed. price had been badly affected by whistleblower allegations, otherwise rh could be trading very much much higher. quote:As of 1 January 2026, it still has about 62.7 million barrels of crude oil that it could theoretically sell. A back-of-the-envelope calculation puts its whole crude oil reserves at US$5.6 billion if they are priced at US$90 per barrel (62.7 million X US$90 per barrel). rh is a small cap counter with only 838mil issued sh. with us$5.6bil crude oil reserves, theoretically, a share is worth 6.68usd, but now counter is selling just 19.5c sing. and ytd some forumer worry about others buying 20c what a joke! just opnn, no intention to offend, dyodd.  
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stockpicker
Master |
06-May-2026 20:10
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So,   are they about to reach agreement yet?   Don' t think so.     https://i.postimg.cc/k5HrPfq5/IMG-8528.jpg |
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piscesmonkey
Supreme |
06-May-2026 18:05
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Down 10% hope nobody bought at high today
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piscesmonkey
Supreme |
06-May-2026 16:51
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Down 7% now
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piscesmonkey
Supreme |
06-May-2026 16:03
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Oil down 5% below 98
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piscesmonkey
Supreme |
06-May-2026 15:52
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Oil rush down now | ||||
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NEWCOW
Member |
06-May-2026 10:02
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Tomorrow is ex-Dividend, let' s see whether it will move or not. currently the price seems to be controlled between 0.195 & 0.20. | ||||
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Catrade
Master |
06-May-2026 09:18
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This pure crude oil n gas stock in Indonesia, not affected by the straits of Hormuz blockade but benefited from the rising oil n gas prices(more then 35% before the Iran&rsquo s war) is strangely not moving&hellip definitely there&rsquo s some BBs suppressing it&rsquo s price. Very likely there r accumulating before a surge for the next reporting result. Any layman or newbie can tell u that RH Petrogas next reported results will be very super !!! 🚀 🚀 🚀 🤩 | ||||
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lailai
Elite |
06-May-2026 08:32
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last day cd of 0.3c. rh benefitting from crude price increase. b4 war around 60-70, now 110. think it shd be on uptrend after bbs collected enough. just opnn, dyodd. |
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piscesmonkey
Supreme |
06-May-2026 07:57
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Oil counter not easy play now. 1day up 1 or 2 pips next day down alot.
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stockpicker
Master |
05-May-2026 16:18
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https://asiatimes.com/2026/04/us-big-oil-earning-30-million-per-hour-from-iran-war/ | ||||
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piscesmonkey
Supreme |
05-May-2026 15:44
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Careful today meeting oil down 3% now
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ssw518
Supreme |
05-May-2026 09:54
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all eyes at 205 again, let see what BB wanna do report for1Q very soon, 2025 is on 09 May. Very much depends on how high March selling px where te war starts and oil surged. secondly is the company' s expectation into 1H result which covers the full q of high oil px hopefully 1H got div payout. dyodd  
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ssw518
Supreme |
05-May-2026 09:32
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qiuck check on 250MA (ard 72) you know RH is in good position unless something like a drop in production output and sudden high cost affecting  the profit. 250MA at 72 it is already into profit even if now oil drop to 60 range for the next 200 days, but we will not see 60 dollars at least till 2027. Also i notice no much short selling plus about 60% i think is majority share holders. your money you decide. I will hold mine till target met or result is out to decide. small player but talk a lot haha pai seh. dyodd, just sharing.
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lailai
Elite |
05-May-2026 08:55
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nonid kancheong. if coming 1q result good, price will move up v fast, otherwise stuck below 210. just opnn. no offence intended.
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piscesmonkey
Supreme |
05-May-2026 08:20
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Hmm current oil price rh should be above 30cents already from russia war that time but now still below 210 something no right?
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ssw518
Supreme |
05-May-2026 08:12
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you need to understand that WTI price is paper trade without physical, physical oil is done at a diff px normally, can be discounted or premium depends on supply in the market.  
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