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.
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
Created by Koon Yew Yin | Apr 18, 2024
After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
Created by Koon Yew Yin | Mar 23, 2024
During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.
Created by Koon Yew Yin | Mar 04, 2024
All property developers have just announced their annual profit for 2023. All of them reported increased profit.
Created by Koon Yew Yin | Mar 04, 2024
Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.
Created by Koon Yew Yin | Mar 01, 2024
What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...
Created by Koon Yew Yin | Feb 29, 2024
After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.
Created by Koon Yew Yin | Feb 29, 2024
KSL is the cheapest in terms of PE ratio. KSL Holdings Bhd is a holding company. It is engaged in real estate services.
@tekka : so call influencer, wise expert- they do/say/write stories for their own benefits first and foremost.
2022-09-12 20:34
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.
2022-09-13 10:04
crude oil price is too high. When it is over USD 80 it will surely reduce consumption...
2022-09-13 10:06
@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
2022-09-13 11:52
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...
2022-09-13 22:56
How pathetic this guy is..adds absolutely no value or insight into anything with Hibiscus
2022-09-14 13:58
tehka
Dear uncle koon, you promoted Hibiscus on 1 Sept, while at the same time selling Hibiscus share to your readers?
2022-09-12 20:07