I have posted 2 articles to promote Hibiscus recently when the crude oil price was shooting to record high as shown on the chart below. That is why it reported record profit of EPS 11.6 sen per share for the quarter ending June.
I am obliged to write this article to prevent my readers from losing money because the crude oil price is dropping very rapidly from July to the current price level. As a result, it will report reduced profit for the quarter ending September.
You must look at the crude oil price chart carefully to decide to sell or to buy decision.
Chart | Stock Name | Last | Change | Volume |
---|
Created by Koon Yew Yin | Dec 13, 2024
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said. Indonesia, the world's largest..
Created by Koon Yew Yin | Dec 12, 2024
Indonesia is the world's largest producer of palm oil, producing an estimated 46 million metric tons in the 2022/23 marketing year. Indonesia also exports over 58% of its production, making it the w..
Created by Koon Yew Yin | Dec 03, 2024
Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Nov 25, 2024
My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 25, 2024
The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.
@tekka : so call influencer, wise expert- they do/say/write stories for their own benefits first and foremost.
2022-09-12 20:34
i think uncle is having a right call this round.
But most of the time, when uncle call sell, it is time to buy. This uncle golden rule 90% correct.
2022-09-13 10:04
crude oil price is too high. When it is over USD 80 it will surely reduce consumption...
2022-09-13 10:06
@When it is over USD 80 it will surely reduce consumption??
Really since when that happened? Look at oil price between 2011-2014 (around 90-110), did you see reduced consumption during those periods?
Did you drive less in 2011-2014? I surely dont, oil is a necessity expenses whether you like it or not
2022-09-13 11:52
Shallow analysis... what matter for Oil Company is not short term oil price, but cost to produce per barrel vs price of selling. If the spread still wide (as the case of Hibiscus that have high quality asset), then it is still good investment. This uncle one time tell everytime to kaw kaw buy Dayang, then goes silent after cashing out...
2022-09-13 22:56
How pathetic this guy is..adds absolutely no value or insight into anything with Hibiscus
2022-09-14 13:58
tehka
Dear uncle koon, you promoted Hibiscus on 1 Sept, while at the same time selling Hibiscus share to your readers?
2022-09-12 20:07