Pro or not.... God or human... as long as you strike a profit buying share, you are a good investor!! unless you lie about your profit taking just to save face, Then i really pity you sad loser!!

Dividend announce just out!! MYEG still have a few bullets in hand and if everything pan out!! It will be a big booster to the price!!

The game is set... let have a show tomorrow!!

Well govt had announced to continue to help SME via digitalisation... who is the front runner of creating e govern system??

If announcement is given after 5pm, believe tomorrow price will jump open to 1.450... anyone have any ideas?

Trust Wong is buying again!! Look like something good is going to happen!! Assurance of the Niis project maybe!!

Those who want to unload the stock! pls unload now... cause the bullish trend is coming and dont be a potong stimmer!! Announcement is coming !!

Remember Niis project ?? It is supposed to be announced in late Aug... Now, got a feeling it is going to be anounced this week!!

That is what happen when not so bright people got lucky ...

That retail stock just not that attractive anymore ... beside they always play the gender game in which only make their glass half full!! Plus, their management are just so short sighted and ignorance ...

Nah ... i cut loss on .48!!

Let summarise:-
SP and DOW future down 4%+
Brent 25/B
Multinational Lock Down equal to aviation and shipping come to halt in effected region that will bring down demand
Saudi to max out oil production in April until further notice
Hibi is bleeding with current price and will tag into cash in hand
Only a matter time for oil to dip sub 20/B especially in April when Demand weaken and Supply peak

Cash from operation flow still negative ... which mean WTE project still yet to received payment !! even with 500 mils in hand from sukuk loan, will not be enough to get over this recession crisis!!

.05 coming !!! Anyone want to play now ??

So many nation lock down now... aviation and shipping are expected to be halt by this and demand will drop further in Q2 !! With Saudi to max out oil production in April!! Expect the oil price to dip to sub 20/B in coming week!! Lets see who go to PN 17 first ? Sapura or Armada? lol

Oil will dip below 20/B within this week as US is considering a lock down!! When one of the biggest user of oil (Aviation) dont take anymore ... chaos is made!!

One of the biggest user of oil is aviation (air line) and they have limit down their flight due to lock down!! Once US declare a lock within the next 48hrs!! We will see oil dip below 20/B !! Then the real show began... where .05 is achievable !! Lets all play during that time!!

In any recession time is all men for himself!! The company will rather hold cash in hand than to pass it to their share holder !! Plus, when the share price is 1.00ish, they dont even give any dividends SO what make you think with the current price, they will do differently!!

Sub 30 oil price ... Finally my dream price of .05 will be reached !! Come and lets play!!

Stop with all this prediction!! We all know that we will be in the bear market as long as the vaccine is not found!! When you have an open wound, you find a plaster and not a pain killer!! Stimulus doesnt really help in biological crisis....

Park 1st batch at .100

Today got excuse to go up early because dow and s&p goes up yesterday disregarding the oil price!! Tomorrow how ?? especially with dow and s&p future down ... Time to suffer again for those who are trap early today !!

A lot of people got played !! Dip 9% then hike hike cover 9% Now dipping more than 10%

Please advise the base line for this counter

Lots of new nick here .... Can sense all the old timer got burn and had tag out !!! Maybe they are even trying to get over their mistake ...

Good !! .05 come come ... Lets Play !!

Expect another week of bear run... lets see how far it will go ~~

.05 come come ... Get ready to play!!

Why are you so suprised?? Everyone who know the oil trade would know Saudi is already selling around 25/B... therefore is only a matter of time when Brent follow the biggest supplier suit!!

Not surprising that brent will go sub 30/B as Saudi is already selling to their customer around 25/B... This is so expected that the rest will follow the biggest supplier suit!!

True @dexeric ... but again as share holder, we like progression... the next few QR will make this counter drop even more ... maybe to a point of 0.1ish ... with lower revenue, minimal profit if any, will just pull this counter down!! Plus, the excuse of it has already been factor in doesnt really work as all of us live in the present and future!!

Still remember their lady boss proudly and arrogantly said to the press that anytime is a good time for IPO ... Well done for not planning and your short sighting!!

.050 come come lets plays!!

Who is going to save this sinking ship ?? EPF is already out of the picture ...my friend !! Those who are deep, better start to realise your mistake and have damage control!!

Dont think Hibi is profitable now with the current oil price !! That being said, the longer it exist... the longer it bleed!! Whatever cash flow in hand will be shrink to debt !! Good luck my friend !!! FYI Saudi will continue to sell their oil around USD 25/barrel in the next few months at the very least ... Only a matter of time for brent price to drop to that point!!

True ... when you drive, you need to pump !!! Lol

Oil is always need in war and in a huge volume ... there is your demand !! Hurry or FOMO!!

Sound like a war which mean oil spike !!! so Buy !! lol

Additional, this exploration are bound to have impairment... if a big case happen, that is it for this company .... my friend!!

Just in and more directly link !! Revenue expected to shrink in the next few months... the next few QR is going to be another heart attack moment !! Plus, with the current oil price will make the company non profitable... which mean it will tap into their existing cash flow ~~

https://www.thestar.com.my/business/business-news/2020/03/10/hibiscus-to-defer-some-investment-as-oil-plummets

Downward spiral that will test the strength of O&G company... This is a time where fundmental is essential for company!!

Debt laden oil company that need a higher oil price will definitely suffer and go broke as this will last for many many months !! Plus the price will dip further as when supply overwrite the demand further, oil company will need to park this overload on tanker which incurred additional cost and this cost will be parked at the price !!

Saudi are not going to back down from the price war, as they say it will peak the demand rate and help their revenue !! While Russia is happy to get 30ish/barrel price for the oil !! Good Luck to those hoping for an overnight miracle of a oil price spike!!

Any production cut or rate cut is just a temporary solution!! The main source is still Covid!! Should hope for a vaccine instead of all this cut!!

Let summarise the situation:-
1. Covid reported in mid of Jan and was classified as an isolated case.
2. China take drastic step to contain Covid at the beginning of Feb, yet other market ignore the impact and continue their bullish run.
3. End of Feb, as Covid spread... suddenly everyone notice the impact of Covid!! More importantly, they realise China as the workhorse for Raw Material of the world... Panic Attack!!
4. Beginning of March, Oil start to dip ... Opec and Opec + ready to discuss the cut ... While Bank and Gov ready to cut rate to absorb the impact!!
5. Now, Failure of agreeing a oil cut... Oil price trumble!!

What is next??

As long as the vaccine is done for Covid, what ever stimulus or cut will be worthless for the long run !! The origin source is Covid...A biological crisis that lead to financial crisis!!

Let summarise the situation:-
1. Covid reported in mid of Jan and was classified as an isolated case.
2. China take drastic step to contain Covid at the beginning of Feb, yet other market ignore the impact and continue their bullish run.
3. End of Feb, as Covid spread... suddenly everyone notice the impact of Covid!! More importantly, they realise China as the workhorse for Raw Material of the world... Panic Attack!!
4. Beginning of March, Oil start to dip ... Opec and Opec + ready to discuss the cut ... While Bank and Gov ready to cut rate to absorb the impact!!
5. Now, Failure of agreeing a oil cut... Oil price trumble!!

What is next??

This is biological crisis that lead to a financial crisis!! Go back to the origin source ... Get the vaccine done for Covid, trust everything will recover by itself once the vaccine is done!!

Let summarise the situation:-
1. Covid reported in mid of Jan and was classified as an isolated case.
2. China take drastic step to contain Covid at the beginning of Feb, yet other market ignore the impact and continue their bullish run.
3. End of Feb, as Covid spread... suddenly everyone notice the impact of Covid!! More importantly, they realise China as the workhorse for Raw Material of the world... Panic Attack!!
4. Beginning of March, Oil start to dip ... Opec and Opec + ready to discuss the cut ... While Bank and Gov ready to cut rate to absorb the impact!!
5. Now, Failure of agreeing a oil cut... Oil price trumble!!

What is next??