3lephAnt

3lephAnt | Joined since 2021-09-14

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Stock

2 weeks ago | Report Abuse

Reaching isn't an issue - it's staying there. Hibiscus has always been targeted for pump and dump and short selling.

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1 month ago | Report Abuse

Ridiculously inflated sell queue at 1.05

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1 month ago | Report Abuse

When share buybacks are in motion and the valuation rises, it will deter the cycle of pump and dump that we are seeing with Hibiscus two weeks either side of quarterly earnings reporting.

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2 months ago | Report Abuse

https://oilprice.com/Energy/Crude-Oil/Income-Investors-Are-Returning-To-Oil-And-Gas-Stocks.html

One sure way to reduce the feast or famine predicament staring down Hibiscus' market cap/share price.

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2 months ago | Report Abuse

Hibiscus can declare as much profit as it wants but as long as there is no consistent return to shareholders either through share buyback or dividends, there is no incentive to hold. So what you get is a spike two weeks before quarterly reporting, followed by a slide until the next quarter. Until then there is a clear guidance by the management, the price will be dictated by short sellers and day traders.

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2022-08-11 17:17 | Report Abuse

MM, what would you consider a good dividend? 5 cents apiece? What are the odds the management will embark on share buyback to reduce free float, which has weighed down the company's true valuation (too popular with day traders and short sellers)?

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2022-07-12 23:57 | Report Abuse

That said, Citibank and other media enablers have done their job exceptionally well in cooling the spiraling inflation with constant recession mongering. There is a distinct possibility that if or when recession hits, oil prices won't deviate much from the current level. We might even see a two-tier economic phenomenon where Europe and the US slow, while Asia waking up from Covid slumber continues to grow.

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2022-07-12 23:46 | Report Abuse

Short sellers are overwhelming the counter. Hibiscus despite tripling its production in an environment of reasonably high crude oil prices is trading as though recession is upon us. It has plunged from RM1.50 to RM0.855 in a matter of weeks. One can only hope that the management will reward loyal shareholders with a handsome dividend payout in the next quarterly result announcement. That or it can begin to buy back its own shares from the open market to reduce the rampant volatility and manipulation we are witnessing now.

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2021-10-08 10:24 | Report Abuse

Hard Rock Café, 4 Fingers Crispy Chicken, Jamie Oliver’s Diner and Serai Café are slated to open in the coming months.

https://www.lifestyleasia.com/kl/travel/destinations/what-you-can-expect-at-klia-the-next-time-you-get-to-fly-internationally/

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2021-10-07 11:44 | Report Abuse

Pavilion Bukit Jalil opens Dec 3