How to go up when chart tp is 0.55? Bcause oil is coming down n it is reacting to future drop in income. Thats why it has dropped so much from 1.50 peak. Understand?
Very good closing price …. Breaking 90 is imminent…. Stay tune guys… Expecting good qr2 results n dividends … Oil price very solid at 93-94… If trw can break 90, range play wil be revised to 90-95… Let’s c how far it can go from here… Enjoy your great evening n c u guys trw ….
Hutang to sabah state not paid. Permit cancelled 1 more month. Oil platforms will stay idle, production nosedive, naturally share price will nose dive.
You go in now, you offering yr head for slaughter..
rr88 looklike u know very clear abt the Permit thing. actually what kind of permit going to cancel in next month???tht permit izzit whole operation permit cannot dig any oil coz no permit?? oil pump mst close at the time ??
Hibiscus selling crude oil from Labuan, under Wilayah Persekutuan. In such the case, why should hibiscus paying the Sabah state government tax?
Hibiscus should pay Sabah state tax if crude oil selling through Kota Kinabalu or any location under The Sabah.
Even if Hibiscus paying the Sabah State tax, it is merely peanut to Hibiscus. Hibiscus still earning explosively!
Personally holding near 2 million hibiscus shares, no worry at all. Remember Dr Kenneth Gerard Pereira acquired hibiscus at the share price of 0.90+, with the total amount of direct and indirect shares of 180million. Don’t see him panicking, but laughing to bank with the profits. Why should you worry?
Let me share a bed time story to all of you with the heart of loving kindness again…
There is an old monk in the temple. The temple is on the mountain.
One day, many investors who speculated in stocks came to the temple. At the Bodhisattva, the investors said that the shares fell sharply, and we lost a lot of money, and did not know how to get rid of the suffering.
The old monk has been compassionate to those investors. He bought up the shares and saved those people with the heart of loving kindness.
Many days later, those investors came to the temple to burn incense, and they were all excited, begging the monk to sell the shares to them. Out of loving kindness, the monk sold the shares to them.
Soon after all the shares in the were sold, and the market fell sharply.
The old monk made a lot of money back and forth, and everyone asked the old monk for advice on share trading.
The monk said: "I have NO CRAVING for anything is the SECRET! Merely holding a KIND HEART!"
Good morning guys … Thks to Jame.bond on his stmt bout the Sabah tax issue… Oil price sustaining well 96-97… Next sure wil sure hv very good news on the qr2 …. Unker koon u-turn back here ….. He must hv something in hand which we don’t know…. If today can break 90, we all sure on the right track to 1 …hopefully
Temporary I m looking at the break of 90 … That’s very important … Technically n psychologically….. Hope for the best guys…. Enjoy yor breakfast n a cup of nice coffee while waiting for the market to open …
Psychology level is broken… Range play shld shift to 90-95 … Hopefully aftrn closing wil be sustainable… If broken this range … rm1 is imminent… Before that we high hv heavy traffic jam n great resistance at 97-98 level…. Moga moga semua berjaya di sini… We stand united … we will win big …
As I mentioned in my articles, Hibiscus has increased oil production because of the new acquisition from the Spanish oil company Rapsol, . If you Google you can see the oil production chart. If you Google you can also see oil price is still going up because of the Ukraine war. Its profit for the next quarter ending June should be much better. Koon Yew Yin
REBOUND OVER at 0.93/0.935. This is its 50 DAY MVG AVERAGE n stopping any further up move.
By END OF THE MONTH it will CRASH BELOW 0.81 because this 50 day mvg avg will stage a DEAD CROSS below its 400 day mvg avg. They are now firmly on a direct collision course.
Technicals can see the future what you cannot see. Stay away.
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....
rr88
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Posted by rr88 > 2022-08-18 16:08 | Report Abuse
How to go up when chart tp is 0.55?
Bcause oil is coming down n it is reacting to future drop in income. Thats why it has dropped so much from 1.50 peak. Understand?