Koon Yew Yin's Blog

Why did I sell my Hibiscus shares? Koon Yew Yin

Koon Yew Yin
Publish date: Wed, 10 Aug 2022, 04:04 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

The company made the following announcements:

Repsol Asset Acquisition: Completed the trans formative acquisition on 24 January 2022. Assets are expected to almost triple the Group’s net daily oil, gas and condensate production.

Hibiscus expects threefold increase in O&G output due to Repsol deal (Repsol Exploración, S.A)

If the company can triple its oil & gas production why is its share price dropping continuously? It has been dropping in the last 3 months as shown on the chart below.

If Hibiscus can triple its oil & gas production, its share price should be shooting up. If it is really so good, why is it dropping continuously?

I believe its price chart which cannot lie. That Is why I sold all my Hibiscus shares and cut loss. 

People often lose money in the markets because they don't understand economic and investment market cycles. Business and economic cycles expand and decline. The boom cycles are fuelled by a growing economy, expanding job market, and other economic factors.

People also often lose money in the markets because they let emotions—mainly fear and greed—drive their investing. Moreover, they often lose money, because they are not lucky. Luck is when preparedness meet opportunity.

You must remember that our ultimate aim in life is happiness and the key to happiness is contentment. Don’t be greedy and take risk in the stock market.

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Be the first to like this. Showing 41 of 41 comments

shortinvestor77

Well done.

1 month ago

qqq3333

woah, sell and cut loss..........................................

1 month ago

CharlesT

90% of investors lose money - Koon Yew Yin

So the self proclaimed Superinvestor is also one of the 90% loh......

1 month ago

qqq3333

looking at hibiscus volume......kyy volume is very small compare to his past

1 month ago

qqq3333

in view of that, I think it's wise to cut loss ....don't want to have money worry when old

1 month ago

Johnzhang

KYY is U-turn expert. Hahaha

1 month ago

Sslee

So the news is out KYY already sold all his Hibiscus shares and cut loss. Tomorrow will start buying some for KFC money.

1 month ago

piranha88

Mr flip flop wrote on his July 29 blog that when the company announces its result by end of August, its share price should shoot through the roof. Less than 2 weeks later and before the results are announced, he is quick to say that the price has been dropping continuously hahaha

1 month ago

qqq3333

professionals sell. amateurs become frozen soldiers.....do u want kyy to write article with title Professional sell amatuer become frozen soldiers

1 month ago

qqq3333

in between buy article and sell article....what was kyy doing ? he knows God knows who else knows?

1 month ago

OnTime

kyy should be thinking abt rebirth

1 month ago

emsvsi

Dear Mr Koon,

Does this mean you are buying Hibiscus

1 month ago

Income

You all, see this untrustworthy uncle last week said buy Hibiscus. Today after selling cut loss … reporting why need to SELL.
I told you all, when uncle wrote something was good, he was selling to all of you lah. Now, I am proven right. Haha haha. I have learned a few hard lessons from this Uncle lah. Be wise lah. Uncle is not here to help you all lah.

1 month ago

TraderAlways

Kyy didn't cutloss in subur. He became a frozen soldier.

1 month ago

tehka

Dear emvsi,
Obviously, YES

1 month ago

ben0303

KYY is the master of U Turn
Never believed him. I had incurred enuf losses due to his U Turn.

1 month ago

fl888

see what KYY did to AT ??

1 month ago

Callmejholow

people often lose money because they follow you LOL

1 month ago

Phoebe

Ppl who follows your golden rules often has the same ending as the golden goose. Get slaughtered and the golden eggs (retirement money) are often taken away

1 month ago

BobAxelrod

Everyone know the reasons for Hibby's price dip back to 82c were because of Oil price dropping and signs of Inflation is not as severe as expected YET. The other reason was the Sabah Tax debacle and foreign workers' permits.

Only this cunning old fox has taken profits (posted his buying instead) from last heavy drop and now wants to push down the price again for collection.

1 month ago

BobAxelrod

So, his buying has started....815c to 85c now.......

1 month ago

qqq3333

hibiscus + 3....................... if up some more, means what?

1 month ago

qqq3333

Posted by Sslee > 21 hours ago | Report Abuse

So the news is out KYY already sold all his Hibiscus shares and cut loss. Tomorrow will start buying some for KFC money.

========

if go to 90 its more than kfc money.

1 month ago

Tobby

Wise man once said, if Grandpa Koon shout sell, it's time to buy! Because down the road, he will come out and tell you to buy, which is time to sell! Don't shot the messenger!

1 month ago

BobAxelrod

Tobby, you're singing the old fox's slogan! Not a single investor on i3 didn't know this already.

1 month ago

Tobby

Bob! What! I didn't know till now! I thought Grandpa Koon is self righteous golden investor!

1 month ago

BobAxelrod

Tobby, he didn't get to be what he is if he's a straight and regular guy.

1 month ago

Tobby

Bob! Phew! Thanks dude! You are life saver! I was going to sell Hibiscus that i didn't own!

1 month ago

BobAxelrod

Brent is back up to USD99....short Hibby at your own perils!

1 month ago

James_Bond

Mark my words, oil price will go up to USD 150 and above! We are in the commodity SUPER CYCLE!

1 month ago

Tiger62

KYY con-man, you believe him you go holland, following the analysis of energy sector.
Sector focus: The energy sector may see some positive move along with higher brent oil price. company in focus Dayang, Dialog.

1 month ago

Tiger62

Immediately hibiscus up 2 cents. KYY either too stupic or a con

1 month ago

Sslee

Aiyoyo sudah dapat free KFC from Hib. Thank you KYY.
So let me share with you a day time story:

Last night went to a noodle stall for dinner. Saw a young man walk in and ordered 2 bowls of noodle.

One for himself and the other bowl left at opposite seat with no one sitting there. While he was eating, he was mumbling "time flies ya, we didn't see each other for more than a year". Then he continue eating while engaging in a conversation with an empty seat with a bowl of noodle in front of him.

Being ghost month festival, the customers around were having goose bump while having their noodle.

Suddenly the young man stood up and said to the empty seat "you wait hah I go to the convenient store to get us drinks". All customers begin to flee the noodle stall after seeing the scene.

Five, fifteen minutes later, the stall owner was having chilling feeling and asked the empty seat "where is your friend ah ? "

Suddenly there is a big smack at his head and he heard his wife shouting at him *"nut head ... This is new trick to have a free meal lah"*

While is lunar 7th month joke... the morale of the story are :

1. *The young man is like umno and pas,* creating something out of thin air for free meals. Labelling DAP as racist party, claiming Chinese is gonna take over the country, bumis are losing their rights etc etc. But at the end he conned the rakyat for a free meal , including the bumis.

2. The *customers of the stall are like rakyat,* especially the kampong folks, fell into the "story" under specific conditions (ghost month with made up ghost stories), i e. racism games etc .

3. The *stall owner of the stall is akin to the tax payers,* always taken for a ride by the corrupt regime. We need more people like the *wife* to be able to poke the story

Just for laugh and please share it if you like the morale of the ghost month joke

1 month ago

qqq3333

Kyy bad luck come together

1 month ago

qqq3333

Malaysia democracy talk what no use

1 month ago

qqq3333

Wait till hibiscus 90

1 month ago

qqq3333

how do u get professionalism, sincerity, serve the country? wrong environment

1 month ago

Mixologist

When kyy talks good or bad about your stock, the wise thing to do is exit quickly. No need to blah blah blah to make yourself feel shiok.

1 month ago

speakup

@KYY, time to buy banks

1 month ago

qqq3333

banks need a lot of energy.....new IPO after one month's very light

1 month ago

qqq3333

what u want is something that is light ready to fly

1 month ago

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