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2017-02-06 21:32 | Report Abuse
Not so strong closing. Still below resistnace 0.55, tough nut to crack. but still long way to go. RM0.8 :)
2017-02-06 16:24 | Report Abuse
Now go count oil price pulak. tomorrow count rigs. Then Fri can count OPEC.
2017-02-06 16:24 | Report Abuse
hahaha.... 8wpwtmt8 so pity ...u didn't hold hibiscus right? U gone liau la...u go buy sumatec
2017-02-06 16:23 | Report Abuse
Remember MY Mark My Words? I said it will have a breakout and test 0.55, which we will see 0.60 soon. Mark my words
2017-02-06 16:16 | Report Abuse
Good one LA777...actually I thought want to top up but I bought more Engtex
2017-02-06 16:06 | Report Abuse
hahahaha, I just finish lecture and its 0.555 !!!!
2017-02-06 16:06 | Report Abuse
8wpwtmt8, first of all, its so hard to taip your name
Secondly, u r trying to time the market again. And you time according to 4pm??? Seriously? There is news all over. Rigs, US shale, Oil price, OPEC daily barrel, Iran sanctions, etc. You going to react to each news? Come on
I suggest you go read some investment books. Warren Buffet is a good start
2017-02-06 15:51 | Report Abuse
Woodswater !! where are you after selling at 0.54? Come on...the party is still not too far to join
2017-02-06 15:46 | Report Abuse
Pity those who sell. I always say, don't time the market. Set a strong Sell strategy and stick to it. So many initial traders not with us anymore cos they start selling way too soon.
Salam, Resistance changes according to charts and Moving average and RSI.
0.55, 0.60 near term. Mid term will be 0.80 resistance.
2017-02-06 14:54 | Report Abuse
Kenny, not hard, u will see how the big fish really swallow resistance like nobody business
2017-02-06 14:53 | Report Abuse
0.55 is the real resistance. break it and we will visit 0.6 almost immediately
2017-02-06 14:51 | Report Abuse
near term 0.60. Mid term 0.80...long term depends on its earnings, profit, oil price and acquisition. RM1-RM2 not impossible. Why look for the 0.20 gain when you can get 50% gain?
2017-02-06 14:42 | Report Abuse
woodswater, gone....now offer u at 0.55, the resistance
2017-02-06 14:42 | Report Abuse
I already say 0.54 is not resistance
2017-02-06 14:35 | Report Abuse
Woodswater, you might miss the boat after u sell at 0.54.
2017-02-06 12:55 | Report Abuse
John, 0.54 is not a resistance at all. 0.55 is, followed by 0.60. near term I don't see any problem to reach 0.60. But I still wont sell. My selling strategy is 0.8-1.00 UNLESS the Sabah deal didn't go thru, then I will sell at 0.4-0.6 at whatever price it is in this range when the news break out. Otherwise, 0.8-1.00 is really in reach. 2 more weeks for quarterly report
2017-02-06 12:51 | Report Abuse
woodswater, good win. But we cant time the market. Don't miss the boat like incredible things (I think he sold at 0.465 and not able to buy in again) if not mistaken
2017-02-06 12:50 | Report Abuse
Scomi go up cos possible asset acquisition from Chinese firm.
2017-02-03 20:54 | Report Abuse
Nice right? I bought at 0.475.. watch it go up till 0.55 and drop till 0.44
That time many ppl balls start to shake.
A few of us hold up n now it's 0.53
Congrats shareholder n business partners ! Let's see hibiscus transform n grow !
Where is Calvin.. roy.. stockmanny
2017-02-03 16:09 | Report Abuse
Remember I say Mark my Words a few hours back?
Pity those who sell last week.... Be strong and focus guys.
Last week during the plunge already remove a lot of "trash" traders
Usually this will happen to remove out those who are not "Investors". With those guys selling heavily during the plunge from 0.55 to 0.44,
Mark My Words investors, we are riding till 0.60
2017-02-03 14:21 | Report Abuse
http://www.theedgemarkets.com/my/article/hibiscus-ifca-msc-expected-retest-old-highs-says-kenanga?type=Corporate
REmember my Mark my words? Last week I say it will breakout, yesterday I say it is a breakout and will go past 0.55 soon.
near term I will think it will test 0.60. Mark My Words !
2017-02-02 18:53 | Report Abuse
thanks for sharing calvin, nonetheless, I had been saying since the very beginning.
We are a shareholder of hibiscus, we understand its business model and we are part of this business because we have confident that it is going to grow down the road.
So we set a Sell Strategy which include Cut Loss (in case anything goes against the very reason we buy this stock, oil price for example)and Take Profit (once we think it had hit higher than its intrinsic value)
Last Week I anticipated the breakout and issue out a Mark My Word
Now with the beginning of a breakout, I am going to issue out a >0.55 moving forward.
Fundamental wise, nothing changes. I don't count rigs. Just wait for financial report.
2017-02-02 17:02 | Report Abuse
calvin, what is ur buying price?
I think someone bought 0.485 and sold at 0.465 last week
Guys, BREAK OUT already happen.... MARK MY WORDS !!! >0.55
2017-02-02 16:59 | Report Abuse
I don't know what will happen tomorrow but if I put a long term view, this is just the beginning of another phase of rally. will go above 0.55 if my analysis is correct
MARK MY WORDS
2017-02-02 16:51 | Report Abuse
sui, strong closing...really a break out.
Let me issue another MArk MY words statement... Will go above RM0.55. Mark my words
2017-02-02 16:47 | Report Abuse
REmember my Mark My Words statement on 25th Jan for a breakout?
2017-02-02 16:45 | Report Abuse
kakashi Symmetrical triangle is forming. Today will breakout. Price rally.
BREAKOUT SOON N PRICE RALLY !!
25/01/2017 08:53
X
kakashi Mark my words !
25/01/2017 08:54
2017-02-02 16:43 | Report Abuse
haiz...ok la, last chance today, buy at 0.505...really Last offer to you all...tomorrow you wont have chance...
2017-02-02 16:05 | Report Abuse
told u guys to buy 0.49 this morning. Now as shareholder, I offer you 0.50 again
2017-02-02 16:05 | Report Abuse
last offer, 0.50... better buy before expire again
2017-02-02 15:48 | Report Abuse
I support sanction on Iran again. Seriously, athough trump is like a jerk, he is doing what is supposed to be done
2017-02-02 15:37 | Report Abuse
ok, offer expired. Now you can buy at 0.500
2017-02-02 15:23 | Report Abuse
Why b4b4 keep on saying TP RM1? is he dreaming? this one involved sharks and con men
simple calculation base on PE, NTA, future growth and acquiring assets at the cheapest moment in decade. RM1 is not a dream
2017-02-02 15:21 | Report Abuse
Ok guys, another offer for you all, buy at 0.495 cos you just missed 0.490 this morning. Last offer
2017-02-02 15:18 | Report Abuse
Pity those who sell today. Guess there will b people who starts to panic.
Anyway, happy CNY !
Don't think every stock that doubles up is a con stock or with no fundamental.
When you invest, you are part of the business and you choose and believe that it will generate income for you.
So, who else with me here? I know a few quit last week.
B4b4, frank, Pang72, tronx?
2017-02-02 09:12 | Report Abuse
Or who is still counting rigs? Like i say.. stop counting sheep n make up ur mind
2017-02-02 09:11 | Report Abuse
Too bad some of the traders here will miss the boat by selling last week die to "oil not stable"
The oil had been the most stable since the plunge at 55 usd per barrel.
Well...i give u chance to buy at 0.49. I am the shareholder of hibiscus
2017-01-27 13:04 | Report Abuse
Think first so funny. He sell d.. now he daily counting rigs like counting sheep.. hoping to buy back low... 25 days sma already 0.45... how to drop low. Think first u wait after cny la
2017-01-26 14:55 | Report Abuse
thinkfirst, u want to buy in fast or keep on counting rig?
2017-01-26 13:33 | Report Abuse
Hahaha...my goodness think first
2017-01-26 11:45 | Report Abuse
Hahaha... this is so funny
Think first sold d so he want to buy back low price
B4b4 buy d.. so he everyday positive thinking
Anyway.. happy cny guys
2017-01-25 22:05 | Report Abuse
Haha... think first... no comment
Symmetrical triangle doesn't mean will go up. It means a breakout is bonking n it can be down or up. Descending triangles mean down
Happy cny folks. I'm not bother on day to day oil price unless it breaks below usd50..
2017-01-25 21:03 | Report Abuse
Stockmanny... get ready to panic sell ya
2017-01-25 21:02 | Report Abuse
Hi guys... regarding comment on the price drop
Yup..i expected it to breakout from the symmetrical triangle. Not there yet but also seems like a descending triangle forming which is a scary technical indicator.
Nonetheless..i remember many years back when I'm looking at a descending triangle forming for tenaga.. it shot up instead. N i also see a ascending triangle for hovid when it's still in its 0.2x price...it really shoot up.
Technical seems to show symmetrical or descending triangle.. which both indicate violent price movement expected but technical r not 100% fool proof.
Other than that... y worry when hibiscus is still the same company that is drum doing business as what it did yesterday. Unless major fundamental change line what happen to shell takeover or umw oil n gas demerger... otherwise, business as usual
2017-01-25 12:54 | Report Abuse
Sorry Magneto.... I need to be disciplined...
2017-01-25 11:59 | Report Abuse
Prepare for break out, mark my words
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2017-02-07 12:34 | Report Abuse
Wah, when hibiscus drop <3% today, Calvin the stupid idiotic guy come and talk cock. IT only drop 2.7% today. Then you calling wolf?? Stupid ass calvin.
Last month drop 16% in 2 days, some of us still holding tough. Drop 2.7% and you expect us to quit? Damn shit you Calvintaneng. Nothing better to do. bloody nuisance.
Sorry for my language.
By the way investors, how is today feeling? Quite surprising after the breakout and "successfully" breach 0.55 again right? Well, not surprising at all. Look at the moving average and RSI. No sign of downtrend. If yes, I will say. It didn't even cross 12 days SMA.
Secondly, financial report coming out, and the ass Calvintaneng got insight say it will be bad. I do really hope his counters sink together with him (haha)... The financial report will tell us how hibiscus fare. Second half of this year, we will get news on the north Sabah and the quarterly financial report will start to price in the higher oil price @55 USD/barrel.
Look far guys, yesterday and today did not change hibiscus business model & operation. Oil price still range between 50-60 USD/barrel. And it only drop 2.7% today. I didn't even bother to see the share price this morning. Too occupied with work.
Hi Darren Chan, how are you?