Big roadblock at 70 cents and above

Considering that the oil price went negative in June, this is very good result. After that negative price, its was 20 to 30 dollars.
Now is above $40

Contra players always will lose money so don’t ever play contra on goreng stocks
100% losing money
Operators has 100% chance of making money from contra players
You are spot on. This guy park 4 fig buyers and finally also throw to you. You buy at the sell price and it goes lower. You buy more.
If you Q at 4 fig buyer price, he also finally throw to you

Hibiscus co webinar on 28th Aug host by CGS CIMB. Good news to annouce

Blood

Trump already force the hand of FDA to approve Flood Plasma Treatment.
He did that by arm twisting - First accuse FDA of delaying vaccine trial. When vaccine is approved ( Think Trump will get FDA to approved before 3rd Nov Presidential elections) Glove counters shd fell. Luxchem is no going anywhere is Glove counters fell

No urgency to collect. You buy now also no profit to make. Got to wait below 90 cents

Sheppard boy and the wolf

The director of this co is now too busy trading the shares rather than running the co. Look at the insider trading. Now you get big roadblocks both sides. Very difficult for a significant move in either direction. If it moves up a few cents, the Directors start throwing.
The small guy got no firepower to resist. Glove Co share price is also
going through a YoYo phase. Better to throw back to the directors and than reassess at a lower level of below 90 cents.

Public Bank grow for about $1.20 to current price via rights cum bonus issues. Top Glove did the same. Even Pentamaster also grew in that manner. Nobody keeps doing PP and then pump and dump.
The only way to make money from this counter is to buy low and sell high. Long term investment is difficult when the major shareholder sells whenever the share price spikes. The PP are also not given to long term institutional investors but to who knows who ( No annoucement).

For this counter, the obvious lure is the assets. Problem is that we the small shareholders can only hope that this assets does not disappear. I am still holding those that cost 90+ cents per share.
When it drop below $1, I thought its a good buy. It went below $0.50 and I buy more. Went down all the way to below $0.30. Luckily I buy more and managed to sell all this at above 40 cents when co launch a share buyback program.

Posted by RainT > Aug 21, 2020 3:55 PM | Report Abuse
who still buy hard copy Star papers and read it daily?
I do. Already 48 yrs reading Star. Quality had gone done tremendously.
I finish reading in less than 10 minutes.
Cannot stand the comments by 2 political columnist.
1. Joseline Tan
2. Sabahan Philip
Lately the Star Biz had also start writing nonsense.
Remember those article on Oil & Gas company. Oil had recovered from
below USD30 to above USD40. Now they write as if Oil is doom.
Frankly the DIMSUM is also a failure. So hard to instal on Andriod TV.
I had no problem instaling Netflix and even free China cable TV.
Call and email the Dimsum Team many times but no response.
As for the management team, the Wong Chun Wai guy although retired ( got some travel packages thrown in for retirement) seems to have power still. The new CEO got to run before his reputation is down the drain. The chairman is still the expired politician who goes for the benefits.

1. Priceworth
2. Jaya tiasa
3. Subur tiasa
4. Wtk
5. Ta Ann
WTK moves the most.
Even Minho moves up. This JTiasa is quite slow

If I m not wrong, he disposed through indirect market, means he is disposing to someone who were willing to buy. Not through open market..
He cannot dispose direct. Got to report. There are sure some shares hidden with nominee or buddy accounts.
Just be wary the next round, all good announcement come. Don't chase

No doubt its a good announcement. World class partner too.
U think the small investors sell on that kind of news

Why private placement never end, how many pp have been done and who the hell the buyer? - Suspect he place to his buddies.
Alway big drop after private placement.
Go up via winding steps but straight down on a chute

Ron 97 above Rm2 but this co with own oil is still below RM0.65.
http://cimb.interecm2.com/interecm/tracker?op=click&id=256.164e6&url=https%3A%2F%2Fcgs-cimb.zoom.us%2Fwebinar%2Fregister%2FWN_5ljx0yYqQ1KTtfCX7_hvyA&_hC=F154F8E6
Zoon Webinar on 26 August. Corporate insight into Hibiscus. Interested can register

https://www.theedgemarkets.com/article/petronas-said-show-interest-buying-permians-doublepoint
Buying into shale oil co?
Thought they say need to cut CAPEX to preserved capital
WTF- Cut velesto's rig contract (another govt link co) but got money to buy bankrupt shale oil co. Beyond comprehension

Posted by signn > Aug 20, 2020 1:27 PM | Report Abuse
its quite demoralizing n shocking that ccp let the stock go from 76c to 58c in 1 day...very very distressing
Hi Bro. I read your couple of your comments. You seem to be the long term investor type. Puan's style would not suit you. You probably have to look for the next Top Glove, Supermax or Public Bank.
Puan's style is pump and dumb. Happen to many times already from many years ago. No mercy and no hostage taken.

Clear all 18 cents and all those pack to sell at 18.5 cents but throw back immediately.

Without much progress on vaccine by this year, petrol may linger around 40 to 46 by end of 2020... For which it is a very comfortable price for Hibiscus to trade oil. Oil may start to limit up start from 1Q21, when the CV sentiment starting to dissipate and will rise to USD60+ by end of 2021.
I believe a vaccine should be out soon. So many candidate vaccine under human trial. Russia registered theirs without 3rd phase human trial. US Presidential elections is just 74 days away. Trump will sure force FDA to approve a vaccine before that.

The current high freight charges will negate any positive lumber price

Does Eden still own Duty Free Outlets.
In China, all listed duty free co shares shot through the sky.

Thursday holiday is a good thing. Friday morning maybe abit cautious. Fri aftertoon, all start to stock up the the next wk and on Monday, alot of shoppers with new buying list

Hope Brent crude goes to USD$46+. Then cannot hold this Bull anymore.

This Perempuan is hard to handle. Got to handle softly. You go aggressive, he start throwing. Even the kitchen sink got throw out.
Buy slowly and carefully. Take profit when comfortable. Got chance to buy back again. Don't get caught by him again. I suppose he did that when limit up at $1.65

Posted by smelly_captain > Aug 18, 2020 5:49 PM | Report Abuse
4pm 19/08
Its possible. Hope that yesterday was distribution at 7.5 cents to all the Goreng accounts. ESOS is 7.5 cents. No reason to sell yesterday at 7.5 cents unless there is a motive behind. Compare yesterday volume to today volume

Tencent games service is a money printing machine

Posted by tcgien > Aug 18, 2020 1:17 PM | Report Abuse

The EXCLUSIVE collaboration between the two parties will be for a period of eight years, plus an additional two years, starting today.
Are they signing a collaboration agreement with Tencent?

Some guy from China co speaking. Miss that introduction. Claim to have thousands of camera for AI system in China

Lady Speaking is from MDEC. Malaysia Digital Economy Corporation. a Govt Agency

Wah good. Tie up with Tencent games too

A lady is speaking now. They are using Tencents Cloud ecosyestem for various industry including Fintech

You guys think Puan will allow the big show to end with the share price going down by 10%. Might as well don't sign at Hilton by go School Hall

ESOS is 7.5 cents. Why the churning at 7.5 cents. Employee might as well not exercise ESOS

End of day, we shall all know. What you expect when the share move from 54 to 75 in less than 1 week. Sure to expect profit taking.
I sold all at 74.5 and buy back all at below 65 cents

Annouce already. Signing agreement with Tencent Cloud

US dollar is weakening. Thats part of the reason Gold and Oil will be moving up gradually. Guess we all have to just hold and be patient.
Since this counter is still making money, and no reason for this co to start losing money ( as its a direct proxy to oil price ), the price shd hove up soon.

The 1 for 4 free warrants. Any entitlement date announced yet?

Remember someone say wait at Zero. I wait at limit down. Got nothing. Rush to buy at 71cents. Also got nothing. Lucky got old stock at 52 cents

Glove was doing well before Covid. Due to Covid, all users order in advance and up to 2 yrs.
Even with a most effective vaccine, Glove will still be there.
The 2 most effective vaccine is small pox and measles. The flu vaccine ( after so many years and produced twice a year- for Northern and Southern Winter is only 40 to 60% effective.
I seriously doubt any covid vaccine can be more than 60% effective cos they are all corona virus

I ask a good friend in the Glove Industry about 3 listed Chemical Co that is listed. This is what he say
Buy La Luxchem. Turnover 800+ million. They have factory making dispersion chemicals for Glove Industry.
Samchem is not supplying much to Glove Ind. Only Potassium Hydroxide and some solvents.
Texchem is not promising

That's funny isnt it. 40% of revenue supply to gloves sector and still not performing
You are sure this con is not making profit?

Another interesting data that can give a guide is the Insider trading by Co Directors and major shareholders.
In June 2020, all were buying from 70+ to 80+ cents.
During limit up day on 7th Aug 2020 they were disposing. The high price that day is $1.47
On 14 Aug they are all buying back again at 83 to 91.5 cents.

This counter is sound. At this level its OK to keep even long term
This co gets the most direct to Glove Industry. They formulated their own products to sell to Glove Industry, not just trading. Profit margin is higher in this manner.

With YB Khairy in attendance, - Is this confirmed.
If so, I have to rush and buy 1st thing on Monday morning.
There shd be some kind of agreement signed

Think too many contra players got caught by big shark in this counter and have to force sell. 1st 2 wks of June, this counter was at 65 to 69 cents. Oil below USD40. Now above $40 but hibiscus at 60 cents.
Think cannot contra this counter. Buy in red and pick up

15 Aug StarBusiness. UOB Kay Hian recommends buy on Hibiscus.
US Dow oil index up by 6% in Aug.

USD30, already make money - Based on last quarter results

Dow Jones Oil & Gas index hadvrisen by about 8% in August 2020. Velesto went to 0.19 cents
in June 2020 when oil was below $40. With oil staying about $45, its a natter of time b4 this counter move