these 2 are the main reasons i owned Hibiscus. But too bad the price fluctuate a lot, and i managed to trade it and earn 3 times of money in this counter. Current price is not attractive to me, will look into it at a lower price at around 0.4. In my view, timing is the main factor to succeed in this counter.
I think u missed the point that north Sabah opex is 55usd per bbl. this means if oil price is under 55pbbl, u make no money. Opex spend is critical to evaluate bottom line. Anasuria has a fantastic costs per bbl.
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....
Henry Tan Chor Heng
35 posts
Posted by Henry Tan Chor Heng > 2017-04-10 10:09 | Report Abuse
these 2 are the main reasons i owned Hibiscus. But too bad the price fluctuate a lot, and i managed to trade it and earn 3 times of money in this counter. Current price is not attractive to me, will look into it at a lower price at around 0.4. In my view, timing is the main factor to succeed in this counter.