Remember in all industries, OIL is the factory “blood”. Without which, we can’t win the GAME of TRADING! Those who control the oil industry, you have the ultimate POWER of TRADING!
USA president elect, Mr Biden will try his best to protect shale industry in USA by pushing up and maintaining crude oil price friendly to local shale industry. Crude oil price expecting to climb higher than USD 60 per barrel. Cheers! Patience is gold!
becareful... target price is Rm0.62 only there is no room for the upside... before it touch the target price.. better sell it off 1st... normally it drop after reach the resistance price.
WTI USD45 hibiscs hits 65cents. Now WTI USD53 but hibiscs selling 60cents.... Yesterday collected some @55.5 discount price until now never sell and no plan to sell yet. Once WTI above USD60, no more 75cents.
Average crude oil price in 2019 was USD56.99 and hibiscus EPS in 2019 was 9.28 cents. Hibiscus PE 10 is 0.928 Hibiscus PE 15 is 1.392 Currently Hibiscus is selling at PE of 6.5 (price per share of 0.6), below PE 10, very undervalued for debt free company, NTA 0.75 with excellent management team! Cheers! Huat ah everyone!
This share everyday trade 10m plus, but u never see anyone so far come out announced they sell share or ceased to be a major shareholders. What the hell.
Oil Prices Rise On New Stimulus Hopes By Julianne Geiger - Jan 14, 2021, 3:30 PM CST
Oil prices were up on Thursday afternoon despite new and extended lockdowns that promise to slow any oil demand rebound that was expected for 2021. At 4:07 p.m. EST, WTI crude was trading at $53.61 per barrel, up $.70 (+1.32%) on the day. Brent crude was trading up $0.28 (0.43%) on the day at $56.30.
@Dangel, if the oil price sustaining around 50+, the momentum will eventually come. Getting Hibi at 50c+ ish on a these kind of oil price is a no brainer.. even without any new asset, we are looking at 700m+ annual revenue for Hibi with today pricing..
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New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
meadow1628
1,084 posts
Posted by meadow1628 > 2021-01-13 09:18 |
Post removed.Why?