ave price now back to square before bonus, this is how bursa market works

disposing will continue to lock profit and when others sell and price down below their average, they will pump back

due to sudden spike i sold half for raya money, sold hibscs, penergy and reach too

wow lucky trade again in short period : )
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SuperPanda im back again collected 7.5c and all the way down

to hold until oil reach 50usd back, probably next year .. doesnt mind to wait 1 year if can get >50%
13/05/2020 1:53 PM

set mind for this stock as FD, buy when stock at bad times and sell when its recover

bought .55, new ave .58, not too bad i think

sold .08 for raya money, good luck all

i dont want to be -ve after sold but i have penergy at .79, a bit upset in the weekend due to loss qtr and expect will drop 10-15% today but sentiment was good so i manage to sell with profit too at .885 ths morning

i sold all son and 50% mother today bcoz this week is the last week b4 raya and i expect most of o&g will post lower profit or at loss like penergy

osv player like perdana, armada and others like alam, reach will show bad result too, its will be lucky if result out during +ve sentiment like today

however, things may go different way like icon and oil may rally rest of the week but i dont want to be greedy, the price hits my TP in a month so i sell

apple168 now not dare to appear, lose face and monkey whom buy and sell for peanut and call others monkey now become sour grape

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 23, 2020 2:50 PM | Report Abuse

mother 45, son 13

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Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 23, 2020 2:14 PM | Report Abuse

ive been expecting recession, even the data shows it all, but US very defensive under Trump to let it happen.

US market should be in bearish mode but instead it sails over every resistance (as for now)

wti will be uptrending towards 20usd and brent will follows, dont miss this chance, if you do not dare to buy many, buy some, so if market go against you, will not hurt much and if market move up, at least you have something on hand

im not making a buy call, but jst to let know im already all in

i bought reach too at 6c bcoz its cheap.. its a loss making driller but loss making also can go up when sentiment good

cheers

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Stock: [REACH]: REACH ENERGY BHD
Apr 23, 2020 12:57 PM | Report Abuse

Oil will move towards 30usd within a month

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Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 23, 2020 12:52 PM | Report Abuse

brent expect to be near 30usd in a month time

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Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 23, 2020 12:50 PM | Report Abuse

this morning bought some mother and son 0.5m shares, mother for mid to long term, son for short term, tp 0.18 in 4 wks

will buy back after qtr rpt out

sold all son and half mother, profit >20k

above 70c is bonus

drop sure happen on monday but later if oil price rally back towards 35usd sure have people want to buy back

trader makes money when buy
- market/stock on uptrend
- business is bad and keep till business back to normal

fair value 60c-70c range

bad result might stretch till another quarter before making comeback, monday open should be panic selling but i would not sell, ave 0.59.. want to see if it can drop below 50c

market would see it different bcoz current price already reflected a discount from its high, if stay higher than 50c still ok

so will queue buy at 50c and lower then close eye and build strong heart keep till next year.. set mind like keep in FD for 9 mths with bank

dufu shows consistent profit as HDD player and shows covid crisis have very small impact to its business

notion might be and might not, we do not know, to be fair most of operation should be affected bcoz of lower production, all the best to notion holders

if patience is your virtue, 70-80c sure can reach in 2 mths, but coming earnings should be within expectation and not affected by covid, 3-4m is decent if >5 would be good

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
Apr 23, 2020 10:40 PM | Report Abuse

looking forward for 20k profit in 4 wks mother 50c and son .18, if things goes sideways, limit mother at 40 and son at 10

we’ll see the result in 4 wks

son another 1c to hit my tp, then see how, will let go before qtr out

“They are doing to contribute to the society and not doing it to be their main biz. “

if want to contribute just buy face mask, ppe and re sell, its a waste of capex to setup prod lines, trainings, manpower, machine, quality just for for society contribution

but market is not drive by fundamental alone, you should know when to in and to out, timing very important

carepls and rubberex are 2 weak fundamental company, it wont surpirise the market with big profit in coming report and by the time crisis slowdown it will back to square

those bought high will be trapped

forget abt the face mask, china can supply to the whole world and even in msia now everywhere can get

even housewife can do their own, its not a unique product

just make sure precision makes profit otherwise when insurance money income gone, will back to square

queue 60c and all the way down

in 3 mths time this counter will be quiet like it was before and many will suffer bleeding

the real beneficiaries of covid would be top glove, harta & kossan, while supermx comes later, then followed by comfort

while carepls and rubberex will be at lowest tier

coming rpt will not above expectation, even not meet expectation and you know what would happen for overvalue stock with weak fundamental

see those big glove maker stay put while the weak ones goes down, ask yourself why

but carepls director much smarter, it sells through proxy and retailers think directors better than rubberex

rubberex directors makes millions of money in sell shares rather than its business

and why not right? i will do the same

see now punters pumping more , if rpt shows improvement, will pump back to 1.20 again

this is how market works, buy low pump high and when all bilis jumped in and market go sideways later, bilis die first

nope

a bull market causes stocks to get bid up to unreasonable level, and people who buy them irrespective of valuation to look good in the short/intermediate-term

in stock market, buying based on overwhelming sense regardless of business models/practices will temporarily show decent profits but when real business conditions surface, it is much easier to see who truly has a good business model vs. who is just getting lucky during the boom times

carepls and rubberex belong to this scenario

“when the tide goes out, then only you know who’s is swimming naked”

a bull market causes stocks to get bid up to unreasonable level, and people who buy them irrespective of valuation to look good in the short/intermediate-term. In business, flawed business models/practices temporarily show decent profits. On the other hand, when business conditions worsen and the stock market corrects, it is much easier to see who truly has a good business model (or in the case of the stock market, who is truly underwriting investments well) vs. who is just getting lucky during the boom times.

if drop below 60c, add more, will never regret holding till crisis over

medical gloves demands will drop when no cases going down, must get out before touch bottom

pay attention to those numbers and do really study this cmpny properly, its manufacturing capabilities..

operationally carepls is lousy glovemaker, low profit margin and worst at earnings compare to top 5 in msia, when gloves was at its best few years back, carepls was never perform

the only thing helping carepls was only the low cost of raw mat but this will be offset with shutdown during early MCO, so coming rpt is a risk

buying a stock and earn in 2 hours is just like betting in a round of a horse race, question is how many time you’d win and how many time you’d lose.

and forget abt the mask or any covid venture, its a shame for precision parts cmpny doing health sector item, a totally different std product, new prod line, operator, sop, certification.. bla bla.. those news release only to push up price

if it really to happen, it show mgmt no confidence to focus in their core business

and by the time item ready, market already overloaded with those product and pandemic slowing down, then to whom they going to sell

not many can think like this.. its not bcoz they are stupid but only lack of experience

and liquidity is not the true answer... bonus only a bursa tool for mgmt to make share cheaper so easier to pump

we might see from 78c back to rm1 and people forget abt it was rm1.16

btw this cmpny just expert in making money out of insurance while revenue go to south.. but bursa is not abt fundamental or business plan.. all is abt betting money and hope to hit a jackpot

in the process, those lucky will earn but most of retailers will get burnt

people ask, we help to reply

some states in msia reported zero cases for many days now even almost 70% business already back to usual

coming qtr is from jan-mar and march will be less 18 days of prod due to MCO

prod output will be lesser but margin should be higher due to lower raw mat price

for apr-jun, prod also will be lower due MCO and 50% operation capacity, but only can know result in Sep

i would recommend to make decision before qtr rpt out

those bought below 40c hits a jackpot within weeks

the price was below 20c before covid and fundamental was the lowest amongst msia top glove maker

once MCO ends, will back to 40c

by 15th May, if you hve 10k shares, will will get another 5k shares, total 15K shares

if price before bonus is 1.20, after bonus will diluted become .80

you need to hold shares before ex-date to entitle bonus 1:2, ex-date is tomorrow 14th May

sold 1.09, need to cash out for raya, will come back again

im back again collected 7.5c and all the way down

to hold until oil reach 50usd back, probably next year .. doesnt mind to wait 1 year if can get >50%

TP 80c

coming profit will be good with the windows 10 updates on machines

going to fly back to 45c soon, dont miss the ride