It is very much pros than cons for this acquisition, building relationship with Brunei government too and gas will have strong demand in future as it is cleaner resources
acquisition of cleaner energy ... .. electricty still need powered by power plant, they are either using coal or gas.. but gas is more environmental friendly.. so demand will be surged in future
expected price flunctation, since the short position still there. They will control the price until the shorties clear their position. after that, only will move to the north
Gosh.. Unbelievable, what does Hibby have to do to be loved. Oil goes up, it does another great deal, yet it's still being manipulated by the unscrupulous.. Will buy more tomorrow 😉
Market Makers deliberately push down this share. How else can you explain a good fundamental company going down in price ? Eps is 60 cents !!. Price Earnings Ratio is 4X !! Net Tangible Assets is 3.77, increased from 1.42. Dividends paid every quarter. Estd Div Yield can be above 4% if Company gave 4 cents Final Div due to very good results. Good prospects with higher Oil Production, Higher Brent price of 85 Usd, and also Eps with latest acquisition of Brunei Oil fields. Conclusion - Very undervalued Share !!
No sharks playing or goreng this counter. Sleeping and sideway trading. With warrants tied up.IBs definitely has their profit lock in. It's a money game
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....
learner9
7 posts
Posted by learner9 > 2024-06-15 02:52 | Report Abuse
Might just up a wee bit