well also angry with the management. Price did not move much. last time with low profit and earning they still at this price. im talking about before repsol asset but now with huge profit and earning the price still not moving much. so disappointed.
Inflation remains elevated and Fed Chair Jerome Powell said the “Fed's job is to lower it. We are committed to achieving and sustaining sufficiently restrictive policy to bring inflation down to 2% over time!”
USD to MYR is above 4.60, Brent is above USD 90 with Tapis around USD 100, and Hibiscus production is expected to rise 6%-10%, what's to be worried about? What I'm pissed off is the failure of share price dancing along strong Brent and USD-MYR exchange rate.
Dont hope for oil to go too high. If it can range itself at usd80-90 is the best. Over usd100 will invite demand destruction and supply to come online. This is what OPEC is trying to control. Above usd100, they will increase production. At usd80 dead, the cashflow will pay you back in 20 months. Cheers!
Why when hibiscus goes up u nvr talk a single word James bond. Muted? Now u r barking here with all Ur nonsense. Come on la. Get a life. Nobody here cares how u do in life. Neither do we need u to mention the price of Brent or feds action.
huge profit, cash rich, bla bla la talk so much also no point... price still going down despite Oil proce USD90... when a counter's price does not reflect the real market situation and it is a rubbish counter
Haha UncleFollower, if you don't have an answer don't waste time commenting by doing a simple math would get an answer. Either yes or no. Very toxic mind.
well, guys, those haters here. I'm not gonna repeat this again. This company is sitting on huge pile of cash which is close to 1 billion ringgit. Please do know how many 0 in billions and intially they were holding half a billion cash till latest ER reaching almst 1 billion ringgit. Remember even the gross profit has huge difference compare to previous quarter yet the EBITDA has no difference at all. remember huge revenue comes with huge expenses as well.
Even, crude oil falls below i doubt this guy would go below $80 cent unless huge correction would happened then go up. Indeed, ive took out my partial profit yet i am heavily invested my money here.
Besides, they already secured 2 projects for the past 3 weeks and why do you guys worry so much. Just pump your money at the good price preferable, Rm0.95- 1.00 else wait. Then go do something else and come back here when its sitting at the peak. Indeed, i had this frustration earlier for the price action going lower, it's the insider participation isn't that active. Now they are doing it very rigorous.
Honestly no one could predict the market just take whatever's given. Like plantation, once soar higher and higher like nobody business and now everything is gone. Own something at plantation sector quite saddnening still burning some paper money there.
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....