Koon Yew Yin's Blog
Hibiscus has good profit growth - Koon Yew Yin
Koon Yew Yin
Publish date: Mon, 15 Aug 2022, 02:42 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
All materials published here are prepared by Mr. Koon Yew Yin
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:
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Discussions
1 person likes this. Showing 21 of 21 comments
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
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
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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2022-08-15 14:52