For the cumulative 12-month period, Hibiscus' net profit was RM400.52mil on the back of RM2.34bil revenue! Hibiscus broke RM 2 billion revenue milestone! All the way north! NTA goes up to 134 cents! Hibiscus is way undervalued!
Yes. Share consolidation is the bonus. Well it shows that they care about share price and want to do something about it. Above $2 invites a new class of shareholders, liqudity should ironically improve which then leads to expansion in valuation. Buy it before ex-consolidation. $2.80 = $1.12 conservatively and $1.40-1.60 range the moment Fed pauses China recovers and shortage emerges in 4Q. Lots of IFs lol
as of now, seems downtrend due to the BRENT la...US ignore opec - continue pump and sell oil. Opec cut supply, another pump supply + China 'Death' data. Ini macam stuck till when.
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....
1pingpong
822 posts
Posted by 1pingpong > 2023-08-21 19:43 | Report Abuse
Tmrow up.