This stock has zero institutional support. Many big funds and retailers got burned during Trump’s first term, when Brent crude dropped below zero. Since then, most funds have chosen to avoid this stock.

On top of that, the rise of ESG investing has led many to view the oil industry as a sunset sector, dirty and unsustainable, so funds continue to steer clear (Which is Stupid). And now, with Trump pulling the U.S. out of the Paris Agreement again, that O&G trend may strengthen.

Of course, upstream O&G financial reports are very hard to read. On top of that, exposure to foreign accounting standards makes accurate forecasting difficult or more time-consuming. That’s why most analysts choose to avoid covering such complex stocks.

The reason I’m buying is because the company has started paying dividends. In the past, no matter how much they earned, they reinvested everything into growth until the oil crash hit, leading to massive share price losses. I hope the management now slows down major expansion, focuses on being generous with dividends, and shifts toward a shareholder-oriented approach.

To the management: if you cut the dividend, I will exit completely.

我自己预测Brent油价会慢慢起，Q2 2025大概65.43美金，Q3去到66.08，Q4是66.74，然后Q1 2026到67.41左右啦。这个是based on正常的需求，像美国summer holiday驾车多，还有中国可能经济回暖一点。可是hor，如果中东或者Russia那边又出事，好像Iran打仗、Ukraine conflict恶化，或者OPEC+又cut更多油，Brent可能会冲上去超过70美金咯。反过来讲啦，如果美国跟Iran握手言和、Venezuela出口多起来，再加上全世界经济down（尤其是美国利率high到2025），油价就有机会跌破60美金。还有啦，如果美国shale oil production起很快，或者又来一个Covid travel ban，也很危险。最重要咯，我们forecast是跟data走的，如果现实跟预测不一样，我们也会跟着调整forecast，不能硬硬来咯。就像巴菲特讲的啦，“Charlie and I have both, on occasion, re-evaluated a situation and changed our views. You have to be willing to throw out your best-loved ideas when the facts change。"

When Hibiscs competitive advantage involves complex engineering tasks beyond the capabilities of any Malaysian firm, yet retailers hold differing perspectives because it is challenging engineering..XD btw, no matter how challenging, it is not rocket science... it is not like flying to Mars

Let me put it simply—if you're scared when Brent oil and the stock price are both sitting at strong support levels, and with share buy back and dividend growth increasing, maybe investing isn't for you. Go fly a kite instead. XD just kidding lar. I am sure you are just pretending to be a noob.