Posted by VTrade > 2022-07-12 14:59 | Report Abuse

If director do what we follow
So many indicator

Dumb dumb ikut

Posted by derrtan > 2022-07-12 14:59 | Report Abuse

IB will soon come out and say trading buy!!

Posted by VTrade > 2022-07-12 15:00 | Report Abuse

World Director akan melancong minggu ni…
Sempena cpi data

Posted by VTrade > 2022-07-12 15:01 | Report Abuse

Nasuko orang mana?

Posted by kahhoeng > 2022-07-12 15:04 | Report Abuse

hibiscus at 0.865 when brent at 105??? what a joke...

Posted by pang72 > 2022-07-12 15:13 | Report Abuse

70c mari

Posted by derrtan > 2022-07-12 15:25 | Report Abuse

2 months back when oil hit USD100....hibiscus is at RM1.2..now USD strong...oil strong...it is going to earn like crazy

Posted by VTrade > 2022-07-12 16:10 | Report Abuse

Bunga yang teruk
Ada ape udang sebalik batu?

Posted by rattynz > 2022-07-12 16:13 | Report Abuse

Yep, the stock price is not justified. Been buying more..

Posted by harold8990 > 2022-07-12 16:37 | Report Abuse

Shhhh…if want to buy can buy slowly and quietly.

Posted by Ryan83 > 2022-07-12 16:51 | Report Abuse

Hibiscus under heavy selling pressure as increasing risks of recession and another round of China lockdown

Posted by citadel888 > 2022-07-12 16:54 | Report Abuse

when one theme already end game very difficult for them to push up to peak again, think carefully lor

Posted by kevinobc > 2022-07-12 19:42 | Report Abuse

https://www.theedgemarkets.com/article/opec-forecasts-slower-oil-demand-growth-2023

Posted by rattynz > 2022-07-12 20:00 | Report Abuse

Saying that some how Hibiscus is in for doom and gloom when Brent Oil is still above 100 and gas prices are rising is mad. They've tripled their production and July - Sept will be another strong quarter.. If they turnover RM1.8 billion in 2 Quarter and Make RM500 million + are they still only worth 85 cents.. Too many naysayers in the market talking rubbish!

Posted by 3lephAnt > 2022-07-12 23:46 | Report Abuse

Short sellers are overwhelming the counter. Hibiscus despite tripling its production in an environment of reasonably high crude oil prices is trading as though recession is upon us. It has plunged from RM1.50 to RM0.855 in a matter of weeks. One can only hope that the management will reward loyal shareholders with a handsome dividend payout in the next quarterly result announcement. That or it can begin to buy back its own shares from the open market to reduce the rampant volatility and manipulation we are witnessing now.

Posted by 3lephAnt > 2022-07-12 23:57 | Report Abuse

That said, Citibank and other media enablers have done their job exceptionally well in cooling the spiraling inflation with constant recession mongering. There is a distinct possibility that if or when recession hits, oil prices won't deviate much from the current level. We might even see a two-tier economic phenomenon where Europe and the US slow, while Asia waking up from Covid slumber continues to grow.

Posted by bizzybone > 2022-07-13 08:51 | Report Abuse

The share price weakness is a buying opportunity. Scale entries. Those selling on the way down have no clue about the structural and fundamental aspects of the global oil complex. In fact, I'll be happy for it to go much lower. The main risk with this counter is actually management. They have not delivered.

Posted by rr88 > 2022-07-13 08:55 | Report Abuse

Buying opportunity jubo.

98 dollar babe, n going down.

I told u the chart is of a bearish inversion 1.02 - 1.49.

Tp = 1.02 - (1.49 - 1.02) = 0.55

Posted by icecool > 2022-07-13 09:02 | Report Abuse

drop again

Posted by Mixologist > 2022-07-13 09:04 | Report Abuse

Someone predicted correctly. It touched the 70++ sen zone.

Posted by VFTRADER > 2022-07-13 09:30 | Report Abuse

Market Rumours based on Hibis 2022CQ1 forecast:

2022-CQ2 Hibis Result:
Rev: RM1.1bil
NP: >RM300mil
EPS: >15sen
Dividend : 4-5sen??

Time to Sapu??

Posted by citadel888 > 2022-07-13 09:32 | Report Abuse

all talk how good how profitable but Ur portfolio gaining profit ???? hahaha

Posted by NatsukoMishima > 2022-07-13 09:41 | Report Abuse

It will back to 50 sens after USA set a cap price for oil n gas no more than usd 65 !

Posted by bullmarket1628 > 2022-07-13 09:50 | Report Abuse

Top up more Hibiscs at @0.795

Heng ah, Ong ah, Huat ah !

Posted by paktua73 > 2022-07-13 09:51 |

Post removed.Why?

Posted by treasurehunt > 2022-07-13 09:52 | Report Abuse

Crude oil is better drop back fast to normal level US 60 in order to stop FED from hiking interest rates due to the high inflation.

Posted by NatsukoMishima > 2022-07-13 10:00 |

Post removed.Why?

Posted by bullmarket1628 > 2022-07-13 10:00 | Report Abuse

Can’t imagine can get Hibiscs at such a low price of @0.795

Heng ah, Ong ah, Huat ah !

Posted by Phoebe > 2022-07-13 10:04 | Report Abuse

I start buying Hibiscus now. When oil was above US$100, I'm actually quite uncomfortable with it as I fear it will similar to gloves sector. Price too good to be true and everyone jump onto the bandwagon to produce more and cause the market collapse. US$85 to $95 will be ideal to me especially with the new capacity. To me, this is a marathon rather than a sprint race. So lets hibiscus reap the benefit slow and steady.

Posted by paktua73 > 2022-07-13 11:04 |

Post removed.Why?

Posted by StingRay > 2022-07-13 11:06 | Report Abuse

isshhh paktua. pagi tadi discount, you tak load ke? now sudah in positive position lah.

Posted by paktua73 > 2022-07-13 11:20 |

Post removed.Why?

Posted by StingRay > 2022-07-13 11:21 | Report Abuse

tak apa lah. market sentiasa ada. best of luck.

Posted by nazrzach > 2022-07-13 11:27 | Report Abuse

Biden is trouble.

https://www.linkedin.com/posts/nazrin-zakaria-1542599b_invest-oilandgas-activity-6952823379598983169-UKM7?utm_source=linkedin_share&utm_medium=android_app

Posted by Sdrg > 2022-07-13 12:45 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/API-Reports-Large-Inventory-Build-As-Oil-Falls-Back-Below-100.html

What looks like a build is Actually a nett DRAW of -2.1 Mil. 'SPR' draw was -6.9 Mil barrels for the week ending July 8th.

Posted by CurryBento > 2022-07-13 13:30 | Report Abuse

how is the arab oil brother and US doing now ?

Posted by CurryBento > 2022-07-13 13:31 | Report Abuse

open market low, slowly climb back up

Posted by Ryan83 > 2022-07-13 14:08 | Report Abuse

Dead cat bounce from early morning heavy selling down

Posted by paktua73 > 2022-07-14 08:30 |

Post removed.Why?

Posted by Phoebe > 2022-07-14 14:34 | Report Abuse

No wonder it keep going up. It is all bcoz paktua keep on sapu with his 450K fund. I only manage to grab some at 0.795, 0.80 & 0.82. Those park at 0.77, 0.75 din get.

Posted by harold8990 > 2022-07-14 16:28 | Report Abuse

atleast u got some at good prices..now 0.8 also cnnt get.

Posted by rr88 > 2022-07-14 17:55 | Report Abuse

Remove the K in paktua fund. Gambling fund always wiped out one.

Posted by rr88 > 2022-07-14 18:04 | Report Abuse

Since 1.49/1.30 i been saying its on a DOWNTREND.

Downtrend means it will keep on making new lows. Last low was 0.785. It will go below this soon.

Bcause oil is on downtrend n now making new low at usd97.

Hibisc has been n will closely track oil price movement lower n lower.

Why oil price going lower n will settle lower? Bcause the most powerful country in the world wants it to stabilise at lower level.

I see bottom of oil at upper 60s n hibisc around 0.55. When? Dont know, but both on their way there..

Posted by treasurehunt > 2022-07-14 18:13 | Report Abuse

Democrats will be certainly defeated for the mid term election in Nov 22 if Crude oil remains at this high level. They would take whatever actions to make sure the prices come down.

Posted by treasurehunt > 2022-07-14 18:20 | Report Abuse

The culprit of high inflation was mainly due to high crude oil prices and ironically, high commodity prices were triggered by unlimited QE. Lolz

Posted by paktua73 > 2022-07-14 18:50 |

Post removed.Why?

Posted by kahhoeng > 2022-07-14 20:16 | Report Abuse

some believes that crude oil will fall to 50s with recession coming, I believe otherwise, expecting crude oil to remain high despite slowdown or minor recession due to Ukraine war. If one believe crude oil will fall to 50s, then, surely hibiscus trading at 0.6x is highly possible. But, if crude oil were to trade above 80, it's difficult to imagine hibiscus trading below 1.00. I'm bullish on oil averaging above 90 at least for the next 12 months...

Posted by kahhoeng > 2022-07-14 21:06 | Report Abuse

actually, faith is waning with brent falling below 100. Initially, I thought brent could stay above 100 until Ukraine war seeing light to a peace treaty.

Posted by treasurehunt > 2022-07-14 21:31 | Report Abuse

The prices of the commodity are beyond real demand and supply. It is mainly determined by supplying money (print money) pouring into the market to create inflation. Minor inflation is good to the economy economy development. Interest rates policy is another tool to control the costs of funds channelling to the commodity.

Posted by mf > 2022-07-14 21:35 | Report Abuse

Dow Jones

Dow Jones Industrial Average

30,252.12

-520.67

1.69%

Nasdaq

NASDAQ Composite

11,095.15

-152.42

1.35%