Koon Yew Yin's Blog

Hibiscus will report reduced profit - Koon Yew Yin

Koon Yew Yin
Publish date: Mon, 12 Sep 2022, 02:31 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

I have posted 2 articles to promote Hibiscus recently when the crude oil price was shooting to record high as shown on the chart below. That is why it reported record profit of EPS 11.6 sen per share for the quarter ending June.

I am obliged to write this article to prevent my readers from losing money because the crude oil price is dropping very rapidly from July to the current price level. As a result, it will report reduced profit for the quarter ending September.  

You must look at the crude oil price chart carefully to decide to sell or to buy decision.

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1 person likes this. Showing 12 of 12 comments

tehka

Dear uncle koon, you promoted Hibiscus on 1 Sept, while at the same time selling Hibiscus share to your readers?

2 months ago

witan

When Uncle says sell it is time to buy. Nice lah

2 months ago

kingkwong

@tekka : so call influencer, wise expert- they do/say/write stories for their own benefits first and foremost.

2 months ago

Tobby

Waiting for Grandpa Koon to publish 'Hibiscus is hopeless' before buying!

2 months ago

ValueInvestor888

i think uncle is having a right call this round.
But most of the time, when uncle call sell, it is time to buy. This uncle golden rule 90% correct.

2 months ago

ValueInvestor888

crude oil price is too high. When it is over USD 80 it will surely reduce consumption...

2 months ago

witan

@When it is over USD 80 it will surely reduce consumption??

Really since when that happened? Look at oil price between 2011-2014 (around 90-110), did you see reduced consumption during those periods?

Did you drive less in 2011-2014? I surely dont, oil is a necessity expenses whether you like it or not

2 months ago

gogogolee

it;s time to buy

2 months ago

BobAxelrod

When he says it's hopeless, it's already driven into the grounds.

He'll subtly drop hints, bread crumbs....so Goldilock can follow......TAYOR

Posted by Tobby > 6 hours ago | Report Abuse

Waiting for Grandpa Koon to publish 'Hibiscus is hopeless' before buying!

2 months ago

BobAxelrod

It's time........check your bank balances.

2 months ago

rwilliams

Shallow analysis... what matter for Oil Company is not short term oil price, but cost to produce per barrel vs price of selling. If the spread still wide (as the case of Hibiscus that have high quality asset), then it is still good investment. This uncle one time tell everytime to kaw kaw buy Dayang, then goes silent after cashing out...

2 months ago

rattynz

How pathetic this guy is..adds absolutely no value or insight into anything with Hibiscus

2 months ago

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