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company directors dont mind their shares price shows a dismay figure becos they r not concerned with their public image one kind of rare species in klse picture
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.
no matterhow world crude oil price flutuate up or down hibiscus so far is the only good potential n very over too much depressed stock worth keeping long or short term at this current very depressed price
now it is the time u got squeezed to the last drop by just to force to sell why becos i tried somemore to collect n maybe the shares will be long term to lie low to collect somemore becos hibiscus is a very much depressed stock with so many coming jobs n big loans rendered from berunai
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.