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Top glove is because of pandemic..... Hibiscus is because of necessity.....
Oil prices spike up from war for PDTs..... Production increase is for long term.....
It's ok if u disagree ken
There is one Dato. Whenever his name pops up, I knew he must have bought 1mil Hibiscs shares. For the past 2 weeks, he bought 2x already. He has increased his stockholding to 8%. Its good to know we are making the right choice. His name is Dato' Dr. Michael Tang. Whoever bought Hibiscs shares recently, pls hang on there. We are coming to you.
Let's recap what we learn today.
Like any other day in Hibiscs, today's opening was with gap down. It wasn't 1 or 2sen gap down, but its enough to make others on edge.
Hibiscs price dropped further in a matter of minutes and convinced others to believe there was a major sell down despite; from overnight news
0. No catastrophic event/piracy activities on any Hibiscs oilfields or platform or oil tanker
1. Brent Oil stayed above USD85boe
2. Ukraine - Russian conflicts show situation worsened with number of death is increasing.
3. US & UK import 8% & 10% crude oil from Russia hardly dent Crude oil price.
4. EU fail to agree collectively to sanction Russia crude oil. Poland import 67% oil from Rusia
5. Russia warn Germany that they will cut off gas supply from Nord Stream1
8. Shale Oil. US wont able to replace crude supplies from Russia in 2022, it would take many months for America’s shale oil patch to effect the necessary boost to its output.
Today's Opening snapshots uploaded for your study. Please give your attention to the first 6 seconds.
Prior market opens, there is a period what we called After Hours Trading. Traders often placed their orders at this time. Trading may not be liquid but this orders will determine what is the day opening price.
You can prevent a gap down by placing your order on price the same as previous closing price.
Click link below for your future reference.
Hope this helps. https://youtu.be/NcCRWYUH5N8
thats something i need to look at tonight. but its so obvious. Hibiscs were under pressure from above and below with high volumes on both sides.
but after 4PM, those big volumes disappear. It seems like there is a syndicate. Like a bookie.
‘Prevent a gap down by placing the order price same as previous closing price’
This is wrong. It still depend the sell
Volume.
Example today close 1.02, tomorrow you q 10 lots at 1.02, someone sell 15 lots at 1.01, the price will open at 1.01
who says its wrong? where do you learn that is wrong? market is free of choice. we place our order and its market to decide, dickhead.
come and see me if you have balls
No I dont think so. Short sellers are supposed to be smart ppl. You should see a movie title the big short. recently, a few group of people suspect Lordtown EV manufacturer tried to fool the market by hiding cancel orders. just by looking at their financial statement. They saw something was not right. so they short. and they were right. Here, ppl simply short. clearly they are not that bright.
Bear is something else all together. Bear uses the knee to think instead of their brain. Instead of waiting price to go down, earning nothing at all, might as well make money all you can.
Hibiscs has potential. Look closely at their business plan. They already have everything figured out. They split their risks by purchasing assets in several countries. They know what future oil prices are going to be. They look at potential hotspots. And do risk assessments. And the best part of all is, they beef up their investment when our world economy at the lowest amid covid19. Not many companies like that. Hibiscs is one of the few. Precious.
Copy and Paste this link below. It will lead you to OPEC World Oil demand vs Oil Production [Excel file]
There is also Maybank IB analyst report which can help you aware factors that might affect Hibiscs. w/ comments
Selling is easy. Building something needs a lot of work and a strong will. Hibiscs has 400+ employees. 24% of them women. These men and women need to take survival test e.g get out from a overturn heli in a pool while strapped b4 you can permit to work 24/7 on offshore platforms which no one like. It can be as hot as 50degC or as cold as -28. You will value more when you know hibiscs.
Selling n buying r relative. Selling is hard relatively when it comes to cut loss. Selling is easy relatively when it is cut win. No need to try so hard to promote a stock. A stock will flourish in its own time
World short of crude oil as many as 30mil barrels amid Ukraine-Russia conflict. Now, this shortage will become even worst in days to come. CPC, Caspian Pipeline Consortium suspended oil loading at its Black Sea marine terminal due to storm-caused damage to the equipment. The repair will take two months adding that oil deliveries from the terminal to Italy, France, the US and Spain will drop by 3 - 5 times. FYI.
If they can settle down the price , they will settle it alrd, till now America everything is inflation , their government find all this issue by banning China,Russia