I also want to learn from some who quote themselves, spot on 🤣
Posted by UncleFollower > 1 month ago | Report Abuse
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
despite what you see in the brent future price, I think the spot price has only dropped below 90 on the 6th and 12th of October, and Tapis mostly between 99 and 105 the last 30 days (refer to the last chart)
think most want to see the impact of recent oil price on hibiscus quarterly earning to be reported next month. If oil price stays and earning result is good, we should see a correction upward, otherwise, we will continue to stay at this level???
"Engkau yang cantik, engkau yang manis, engkau yang manja, Selalu bershukur, kawan suka ku,........ ........ ......... Ku melihat dua tangan dibalik punggung mu, Madu di tangan kanan mu, racun ditangan kiri mu, aku tak tau mana yang akan kau beri pada ku.......
Is best not to go above usd100. If it happens, china will release its SPR it collected past few months. Saudi can increase their production. US also can use their SPR to stabilise the price. usd80-90 the longer the better
Nobody can help you if you also think this is CORRECT working......and that to warn investors it was expensive at 2.80????? WHAT IS THE PRICE TODAY?????
Moral of story.....................STFU if you don't know what's happening.....More often than not, telling people AFTER he has bought a Stock and price is UP, then telling other he taken profits when price has fallen........Puuiiii
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....
GrowthCapitalist
237 posts
Posted by GrowthCapitalist > 2023-10-18 09:12 | Report Abuse
Rm2.75 is equal to ~Rm 1.1 for time being just follow this till the chart get adjusted.