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
0 1,265
An official blog in i3investor to publish sharing 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:  

Related Stocks
Discussions
1 person likes this. Showing 21 of 21 comments

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!

1 month ago

KooSan

As expected. The so-called sifu. I believe many weak investor will suffer because of him.

1 month ago

tehka

Dear Uncle,
Are you a long term investor or a day trader?

1 month ago

stockraider

This KYY talk like sooohaaiii loh!

1 month ago

ks5S

pls respect elderly people

1 month ago

emsvsi

DEAR KOON,

DOES THIS MEAN YOU ARE PROMOTING HIBISCUS TO RETAILERS SO YOU CAN SELL

1 month ago

Tobby

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!

1 month ago

tehka

Dear emsvsi,
You are very smart. Follow this signal win rate is very high.

1 month ago

tengtj

You are worse than katak politicians .

1 month ago

Income

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???

1 month ago

Income

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???

1 month ago

Zhuge_Liang

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.

1 month ago

Tobby

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!

1 month ago

KooSan

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?

1 month ago

piranha88

Mr U Turn is always contradicting himself. Does he not read what he write

1 month ago

Pinky

Here we go again...

1 month ago

Tiger62

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.

1 month ago

Russel

Grandpa Koon nie, Contra kaki

1 month ago

berbolabiru

steel - oil and gas

expert kontra kaki

1 month ago

Tobby

I must say, i enjoy Grandpa Koon articles for entertainment purpose!

1 month ago

Michael Kwok

sell on strength 84-86 cents.expect dipping below 60 cents.
16/8/2022 21.11pm

1 month ago

Post a Comment