https://www.thestar.com.my/business/business-news/2019/02/26/better-prospects-for-cck-in-2019/

Yesterday's candlestick is bullish!
Should continue to drive higher today.

Like all other stocks, we expect the price of CARIMIN to continues to go up or down non-stop. All stocks movement need to pause and consolidate after significant rise or fall before continuing its journey - a necessary and healthy process.

Chartist can see that CARIMIN is in the OVERBOUGHT zone and the current pullback/retracement is a natural process before continue to rise. As can be seen, the support for this stock is still good and strong.

So, be patient.

FGV currently going through a quick/short consolidation after recent hike in price. Strong accumulation can be seen at 1.11 - 1.14 price range. I believe once the correction is over (should be soon), the price will go up at a faster pace than before because its overhead resistant is weak.

Btw, plantation sector is turning bullish...

As we all already know, Brent Crude Oil price chart broke out from its consolidation phase in its inversed head and shoulder pattern (which is a very bullish sign)

Similarly, Hibiscus also broke out from its downtrend line and also went above the Ichimoku Cloud (bullish chart pattern).

So we can expect better times ahead.

All the best to Hibiscus's shareholders!

Can Dayang still goes up further?

Of course it can!

However, remember that all stocks cannot to continues to go up or down non-stop. All stocks movement will need to pause and consolidate after significant rise or fall before continuing its journey.

Chartist will already see that Dayang is in the OVERBOUGHT zone - to exercise caution!

Very High Probability Win Stock!

Next quarter results should be GOOD...my guess!

Last quarter financial result was affected by one time write off of GST system development cost - I see this as only temporary as it can be used in other countries later for their business.

With its vast experience from the business in Malaysia, MYEG already making GOOD progress in Philippines, Indonesia and Indonesia currently and DOES NOT solely rely on Malaysian government's business (which currently contributing only to less than 20% of its revenue). Nevertheless, MYEG is still the strongest contender in this business segment in Malaysia even though the government would like to see more healthy competition, and to avoid monopoly - which is a good thing.

I see great potential in MYEG.

In this short-term adverse situation/condition in Malaysia, I see it is a blessing in disguise for MYEG because it expedite/see the urgency in expanding its business overseas instead of resting on its laurels and feeling comfortable and contended.

I declare interest in MYEG, I invested substantially in this company.

"Treasury shares" are those shares that the company buy back their own shares in the open market, in this case is Nishin shares.

So it is the same ordinary shares like what we bought from the market.

So instead of cancelling the "treasury shares" or sell back to the open market, the company decided to distribute it to the shareholders as dividend.

Bonus Warrant and now Interim share dividend...one after another good news!

Interim single tier dividend via a share dividend distribution of up to 24,390,168 units of treasury shares on the basis of 1 treasury share for every 12 ordinary shares held, fractions of treasury shares will be disregarded.

Ex-Date: 22 February 2019

I am not insider but collected before CNY :D))

Excellent Results...

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0128

Need to close above 0.735 (break above previous range high).

After that, can shoot up faster because overhead resistant is weak.

Need some rest after a steep climb yesterday

NEVER use the daily candle that is STILL NOT CLOSED YET. It can be misleading.


Posted by rr88 > Jan 31, 2019 11:57 AM | Report Abuse

Bearish engulfing oredy. Shooting star followed by bearish engulfing = drop kaw2

Be patient... keep waiting

Posted by Veron_teo > Jan 11, 2019 10:13 PM | Report Abuse

wait back 0.9. now too high

https://www.tradingview.com/chart/0151/mKf4YXYE-Kellington-Chart-Looking-Good/

Be patient. I see it coming....

Pray hard :D))

Break NEW HIGH already = Good sign

An investor must know and be clear about his investment strategy. Do not be negatively influenced by short-term volatility.

In fact, short-term volatility is good (must appreciate and celebrate) for investors because we can buy at better price (see as an opportunity instead of a threat - positive thinking and optimism)

Happy marketing for near future gains. Cheers!!!

Very good future! People got do homework deserve to make money...when it will go up is not within our control. We just pick the right sock and just be patient and wait for the moment...


Posted by Jujuyeoh > Jan 26, 2019 11:50 AM | Report Abuse

The avg price of latex/rubber for 2017 October November and December was RM789.34.while the avg price for October,, November and December 2018 was RM 680.93... Hope this will bring better profit margin for the coming 4qrt reports.
25/01/2019 16:08

@ Probability....Thanks for sharing.

The only factor Hibiscus investors need to LOOK at is the price ***TREND*** of Brent Crude Oil.... not by the minutes or hour (peep daily in the evening or morning will do) :D)


Posted by OrlandoOIL > Jan 23, 2019 04:15 PM | Report Abuse

Pathetic fallacy

Oil price is important but tracking it by d minute?

I am happy with 3.00 as my first target = 50% return from the current price of 2.00 :D)

I cannot accept what KYY wrote below...

"If I see many people agree with me, I will not hesitate to buy some more shares. On the other hand, If I see many people disagree with me, I will not buy some more or I might sell some to take profit and buy back during price correction."

As a super smart and intelligent & experience investor, he does not have to do that because he must have done his homework well before investing in HIBISCUS especially with significant amount of money.

I agree with him that there are a lot of nonsense, nuisance being posted by some parties abusing this good i3 platform, but I doubt his intention on this write up.



Posted by gsi723 > Jan 20, 2019 10:11 PM | Report Abuse

KYY said they are many idiots using this platform like a amusement centre with senseless comment! haha..
https://klse.i3investor.com/blogs/koonyewyinblog/190757.jsp

Agree with your view from TA perspective.
High probability that it might achieve this with these two days.


Posted by DreamConqueror > Jan 21, 2019 04:51 AM | Report Abuse

Brent needs to whup 63.91

https://www.fxempire.com/forecasts/article/brent-crude-oil-price-updat...

I agree with the view below. Sokong!!!


Posted by OrlandoOIL > Jan 20, 2019 01:32 PM | Report Abuse

One friendly note to Ah Ken


Whn it is time to develop new oil wells

Never never never do private placements

Do rights issues


Do rights issues


We want to participate in d future of good old Hibiscus


Never never never do private placements


Do rights issues with or without foc warrants r ok


Do rights issues

Not so fast never mind. Just be patient
Can see support at this level.

Take note: Got new substantial shareholder emerged... Miss Lim Yen Wee

Can see how irresponsible you are making such statement.
Wonder if you are fit to trade in stock market when you do not even know the basic fundamental principles...


Posted by rob_z3_man > Jan 8, 2019 09:51 AM | Report Abuse

Today hibi target price 0.9



Tmrw 0.845




Kakakakakakakaka






If u lose money ask investar compensate u

Nonsense posting!
Childish, Naive, amateur trader sharing his shallow mindset
One KYY can control Hibiscus price???
Stop posting rubbish in a good platform that can help other investors or traders



Posted by rob_z3_man > Jan 8, 2019 09:31 AM | Report Abuse

If Jual habis become like lionind




Kakakakakakak

Patient pays...
More upward potential ahead

VIS just hit minor resistant at 0.535. Once successful, next resistant level is 0.600

Focus on the good and positive is a wise and productive way of life. DOW had the best rally since 2019...I am optimistic that KLSE will go the same direction = UP. Enjoy the ride!!!

Price dropped a little with thin volume

Washing out weak holders

Good one, Toriamos.
Looks like you know what you are investing...


Posted by toriamos > Dec 21, 2018 10:12 AM | Report Abuse

Historically Muda 4th quarter have the best earning... so see this Christmas and year end shopping happening or not .... so far I go shopping mall , still see a lot ppl shopping .... Muda should be ok gua .... PE only 6 ....
I just buy at 1.73 that day ... renounce back to 2.0 plz

Thanks Wiki123 for your sharing

Good recovery by MUDA :D))

PE Ratio for rubber gloves companies in KLSE as per yesterday's closing price:

Harta = 44.80
Topglove = 33.66
Kossan = 29.12
Supermax = 21.93
Comfort = 18.68

Current market condition so scary but Hibiscus still gain almost 4%, very encouraging indeed. :D)

Hibiscus Petroleum was testing the RM1.08 level in its latest session. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM1.19, followed by RM1.27. Meanwhile, it may continue sideways if it fails to cross the RM1.08 mark in the near term. In this case, the immediate support is anticipated at RM0.985, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM1.08

Target: RM1.19, RM1.27 (time frame: 3-6 weeks)

Exit: RM0.985

Source: AmInvest Research - 4 Dec 2018

Just look at the Brent Crude Oil because that's the main factor influencing current price of HIBISCUS, now that the company's good performance is no longer an issue.

The good news is Brent Crude Oil is recovering strongly

Waiting for speculator to sell before it can go up

Look at Hibiscus's fundamental...
Net cash company
Look at its ROE...

How many companies in KLSE is as good as Hibiscus's fundamentals?

Let the speculators sell off and then it will go up

Hibiscus is an investment stock now because of its good fundamentals.
Currently price is affected by the poor oil price and it will bloom when the oil price move up again...

Therefore, Hibiscus is NOT suitable for short-term speculators.
The price of Hibiscus will only goes up when these short-term speculators cannot hold it anymore and sold their stocks. The sharks do not set up the market for these speculators to earn, the sharks earn from these small short-term retailers.

Well said TeamRocket...

I only wished there is an age limit/maturity standard (just wishful thinking only) imposed in this forum to prevent underage/immature individual from posting silly comments in the forum - very irritating la, like a mosquito buzzing nuisance around.


Posted by TeamRocket > Nov 29, 2018 12:16 AM | Report Abuse

This company has almost 1.6billion shares, all of the forums there I think less than 5% of share

AiyoYo...
Want to compare Dayang with Hibiscus?
How can?

Dayang: PE 48.85x; ROE ONLY 1.17%; EPS only 1.25

Hibiscus: PE 5.34 only! ROE 26.34%; EPS 18.44

For your own sake, please go and acquire some knowledge on investment before you show your ignorance in public okay

Those people sharing crazy bias view can be identified instantly because it is so illogical (lack of common sense) and childish.