Hiding subform formulas

Hiding subform formulas

I have a formula field LOGISTIC STATUS in my ASSET form.
I have a form CONTRACTED ASSETS that contains the ASSET subform. I want to hide the formula fields from the subform in my CONTRACTED ASSETS form. 
Note, my requirement is that I want some forms to view the field and other forms to hide the formula. I do not want to turn it off for all forms.

When I try the following code, I get an error. Note, I obtained the field name by viewing the form definition. How can I hide the subform formulas?

hide CONTACTED_ASSETS.LOGISTIC_STATUS1;

Error at line number : 63 
'hide' function cannot be applied for 'LOGISTIC_STATUS1'