Lol party is over for oil price. It was short but it was fun

Direct state-to-state strikes between Israel and Iran are “over,” says regional intelligence source

Waa these days market so volatile. Oil price like yo yo

WTI n Brent today in deep red. Hopefully Hibiscus dont drop so much

Samsung results doesn't affect Dufu. But Seagate n Western Digital will affect Dufu earnings as they are mainly HDD manufacturers. Looking at Seagate n WD latest results are still on downtrend, maybe we next to see their next quarterly reports

Lol this prudential day trader??

2024-04-01

Insider

Notice of new substantial holder - PRUDENTIAL PLC on 27-Mar-2024.

2024-04-05

Insider

Notice of ceasing to be substantial holder - PRUDENTIAL PLC on 03-Apr-2024.

CIMB target price on Yinson

https://theedgemalaysia.com/node/705739

Yinson record all time high profit for this quarter and yet the market didnt react to it. What does the market want from Yinson?? 500million profit per quarter? Lol

LOL Brent is $86 highest since Nov 2023 and yet Hibiscus is in -ve territory today. Bravo!!

Closing down at 2.5 when Brent is at $84+. What a joke!!

Oil is near 4 months high and US oil stocks share price is also at 4 months high. Yet Hibiscus didnt move. Really disappointed with this stock

Dead cat rebound??? Haishhh

Very likely Iris get compensation from government

Govt ordered to pay RM231.55m in damages to Awantec over termination of RM3.5b SKIN project

https://theedgemalaysia.com/node/704578

This counter is at the mercy of the operator. WTI and Brent is near all time high for this year and yet Hibiscus doesn't reflect that

WTI $80 and hibiscus is still rm2.55 what is wrong lol

Well the share buyback announced by the company has been sporadic with no direction. When the share price shoot up, they buy it at high price 2.65 but when the price drop they stop buying ???

Not sure whose is the officer in Hibiscus who do the SBB?

16-Jan-2024 Buyback 300,000 2.650
05-Jan-2024 Buyback 153,900 2.500

Very inconsistent. Like they dont know what they are doing :(

This counter habis lah. When oil price spike up - share price didnt move at all but when oil price went down - share price went down. mana boleh :(

How to short hibiscus in bursa?

James how do you short Hibiscus share? Care to explain? Thanks

One more thing when uncle says buy u sell. Vice versa

Notice of new substantial holder - EMPLOYEES PROVIDENT FUND BOARD on 26-Apr-2023.
What is brewing?

Surprisingly there is not even a single analyst covering this stock. Wonder why? It has been listed for many years and yet our local institution dont bother?

@monetary eh i thought previously u say:

monetary

Wtf. This time habis liao

U also uturn? LOL

LOL this is bursa malaysia. Where operators controlled the price, result down by 80% but share price up by 8% malaysia boleh lol

I personally havent see the management do any share buyback ever!!
Maybe once they reach rm10billion market cap, they will do it lol

Dividend of 0.75 cents wow!!!! Not even 1 cent
Super stingy this management

Cemerlang? U must be joking. With oil price falling down to below $80 from $100 and USD falling against ringgit how to be cemerlang u tell me?

This old man only dare to show the chart till mid of 2022 when oil n gas price is still high. Now oil n gas has drop back to 2021 level. kyy conman

I thought u say waterfall is coming and yet hibi keeps going up. How lah if uncle follow u sure lose money

It s ok lah. Uncle cant speak proper english, as long as got money.

Bob ah bob sell too early now badmouthing hibi? Be gentleman lah hahaha

Bob no money to reload is it? Come i borrow u some hahaha

Haiya bob. I managed to reload a lot at 84cents. U sell your position too early is it? Lol

Haiya this bob guy again, u sold too early is it? Now wishing the price to drop?

This is what i called cb mentality person lol

If oil price keeps climbing hibiscus will keep climbing too

https://oilprice.com/Energy/Crude-Oil/Saudi-Arabia-Russia-To-Cut-105-Million-Bpd-In-November.html

@kl_guy If Brent drop below USD75.00 hibicus will be making loss???
where the hell you get that info? Something wrong with your head or what?

Look at Hibiscus financial report, their average cost is only around USD18.01 per bbl. $70-$18 = $52 cant count kah??
Did you know Hibiscus is still making profit back in 2019 though brent is only around $60? Plus now they have triple their oil production from Repsol acquisition.

Dont simply speak nonsense

Reloaded

@BobAxelrod haiyoh u miss me is it? U are so free ah everyday post non stop lol. Get a life lah

Ya ya rich kid hehe

Everyday post comment in Hibiscus day in day out. Follow WB style lah, chill a bit

This kid?? Lol arent you being rude here? Lol cant accept different opinion. Why u bark so much? Haha

Still Hibiscus is not out of danger yet, the SST issues with Sabah is yet to be resolved plus the management of Hibiscus didnt announce any substantial dividend which disappoint lots of investors. 1cent dividend is a joke!!

If you look at other countries Oil and Gas companies such as Exxon, Chevron, Occidental, they announce huge buyback and dividend. So to answer your questions @BobAxelrod, you cant compared WB buying Occidental with Hibiscus (totally different analogy)

My avg cost is around same as yours 83.5cents. Been trading Hibiscus since beginning of year.
Up Sell Down Buy. Suddenly when price goes up rr88 and JohnZhang disappear lol mana boleh??

U believe in oil so much and yet you sell half of your position in Hibiscus few days back?

@BobAxelrod what do you make out of that???

I make out that Warren Buffet is a very rich man lol.
He got unlimited bullets to average down should the need arise. But for us small investors it is totally different story. So his method doesnt apply to us

Next time dont panic sell ok? You are james bond what. A spy should be calm haha

Lol this james bond, cut loss at myeg then myeg price shoot up. Now this guy keep barking lol

Power Hibiscus!!. One of the few counters that is green among the sea of red in Bursa today

@When it is over USD 80 it will surely reduce consumption??

Really since when that happened? Look at oil price between 2011-2014 (around 90-110), did you see reduced consumption during those periods?

Did you drive less in 2011-2014? I surely dont, oil is a necessity expenses whether you like it or not

When Uncle says sell it is time to buy. Nice lah

Managed to reload back at 0.98. With brent move above $90 again, it is looking good for hibby now