On 10 Aug I posted my article “Why did I sell all my Hibiscus shares?”. I am ashamed to admit my mistake. This morning I just Googled “Hibiscus oil production chart” and I saw Hibiscus crude oil production chart below:
This morning I also Googled “Brent Crude oil price chart” and I saw Brent Crude oil price chart above.
When the company can increase oil production as shown on the oil production chart and also can sell its oil production at the higher price as shown on the oil price chart, the company should continue to report increasing profit for the next few quarters. As a result, its share price should go up higher and higher.
Its share price has been dropping from Rm 1.50 to the current price level of 86 sen as shown on the price chart above. However, its share price has been stabilised in the last 1 month as shown on the 1-month price chart above. Looks like it is quite safe to buy Hibiscus at this price level.
Due to the Ukraine war, oil and gas prices have been shooting up. As a result, all oil producing companies have reported record profit. For example, Shell which posted another record profit as shown below:
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Jul 22, 2024
Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
Created by Koon Yew Yin | Jul 09, 2024
Created by Koon Yew Yin | Jun 28, 2024
As expected. The so-called sifu. I believe many weak investor will suffer because of him.
2022-08-15 16:36
DEAR KOON,
DOES THIS MEAN YOU ARE PROMOTING HIBISCUS TO RETAILERS SO YOU CAN SELL
2022-08-15 17:52
Posted by stockraider > Aug 15, 2022 5:45 PM | Report Abuse
This KYY talk like sooohaaiii loh!
Answer : Be mindful of your language! You language reflect your level! No matter how you disagree with anyone, there's a better language to use!
2022-08-15 17:53
Uncle last week you said you had sold.
This week you say you like Hibiscus already.
Uncle Otak ada angin kah? U turn decisions. Uncle you think We are fools kah???
2022-08-15 19:35
Uncle last week you said you had sold Hibiscus.
This week you say you like Hibiscus already.
Uncle Otak ada angin kah? U turn decisions. Uncle you think We are fools kah???
2022-08-15 19:37
No one will trust KYY anymore.
His reputation is destroyed by himself, no one to be blamed.
He wants to have a good reputation in I3, he has to be persistent on what he believed.
Change his mind or u-turn so fast, most of readers will blame him.
2022-08-15 20:48
Dudes! At his age, his CPU almost kaput! Even the CPU fan cannot help already! So i suspect he forgot alot of things he write in i3! Let's give him so break! Even dogs talk in their sleep!
2022-08-15 20:54
Oil prices fell by more than $3 a barrel on Monday on concerns over demand in China.
Is there going to be another article with a sell call Mr Koon Yew Yin?
2022-08-15 21:39
Mr U Turn is always contradicting himself. Does he not read what he write
2022-08-16 00:05
When one did the cheating and lies, he forgot the 1st, 2nd and 3rd lies, he contrdicting himself with more lies to cover all the lies. He need more sleeping pills to asleep. Hapiness as preach by him to the drain with this conflicting character.
2022-08-16 08:44
sell on strength 84-86 cents.expect dipping below 60 cents.
16/8/2022 21.11pm
2022-08-16 21:12
Tobby
A wise man once said, be careful when a naked old grandpa tell you fantastic story when only a week ago he told you a very hopeless story!
2022-08-15 14:52