Hi, not knowing much about the fundamentals and the business, do u guys think this counter worth investing? The chart shows a consistent downtrend since '07 from its highest at 5.45 to its lowest at 0.18. Though it is showing some activity recently, the gain is so tiny relative to how much losses it has sustained.

I'm open to any advice. Thanks

Who is selling 1 lot, 2 lot like that? Operator plays game eh.

Nice. Thanks OTB

When the dividend will be paid out?

Mr OTB. Based on your technical analysis, what is your target? I am also bullish on this counter. Is 0.8 achievable?

Ask the gomen do work, don't wayang2. Save our people and economy. Bunch of clowns.

So it seems oil price to stay above 68 with strong support. When is O&G theme for bursa?

In stock market, every news is magnified many times over.

I think brent is heading to test Jun low around ~71.5 and reverse, or even lower at 69 then reverse. Either way, hibi still makes good amount of money, right?

Right forecast, wrong market. Big players no eye see Bursa. Only retailers main sendiri.

ish... everyday red

I see rsi bullish divergence and it holding above previous swing low, plus closed above 20ma on the daily. Macam boleh naik. No IB did research?

This counter's chart looks interesting. Got change reaching TP 0.7?

Oil futures more volatile, not suitable for everyone. If buy stock, can let it simmer slowly while blow water here.

Crude oil support is found at 72.5. Next leg target should be above 80. What is it going to be like for Hibi today?

Maybe crude oil shaking out weak hand. A drop to 71-72, a 50% from recent swing low possible.

https://focusmalaysia.my/foreign-selling-at-bursa-malaysia-reaches-aggravated-level/

This counter will take a bit more time I think.

today should close green already.

Rocket got fuel but no pilot. Maybe diarrhea, absent today.

I will just hold until it breaks support. I'd add more if I got money though. Hibi's qr will be handsome.

It's probably because of the country. KLCI has been falling for many days. Not sure if hibi is getting any better in short term.

Attractive price, but no money to collect anymore.

So how? Today we short it to zero?

If drop and close below .45, probably will go down towards .38

Until then, steady saja.

"Oil prices settled slightly lower on Tuesday after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.

Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019."

I am holding. Dip below .7 is an opportunity to add.

KLCI is doing poorly. Maybe the fund managers are still in lockdown mode.

Brent is retesting $75. Hope it can close above 75.

well, klci is down 1% and regional exchanges also down. see how the next few days. steady...

Price goes in zig zag. It goes up and down. I think retail traders like me won't make any dent regardless of I buy or sell.

I'd be only worry when it starts to make lower low. But right now, technical indicators show healthy bullish signs.

Why'd u think it s downtrend?

@Jojobaa Interesting. It's now $30.5 with high volume last night. If you put HIBISCS and OXY charts side by side, they show high correlation!

I have small position in this counter. IB's price target at .8 is aggressive or conservative?

My TP #1 is at 1.1 to close half, then let the rest runs 1-2 years.

IHO no push before it can break and close above 0.75. It is sitting at resistance level (descending trendline, coincide with 50% fib)

How u arrive at 1.5/1.9 TP? @Godofgambler

Closed with a doji and relatively low volume. Operator not interested in selling. Higher soon?

Technically crude oil is very bullish

https://www.econotimes.com/FxWirePro-WTI-flashes-bullish-signs-monthly-close-above-200-SMA-to-open-upside-1610843