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$HIBISCS (5199.MY)$ oil company will go up soon get ready no...

$HIBISCS (5199.MY)$ oil company will go up soon get ready now and buy the dip
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  • 104976576 : what's your justification?

  • Winner…Winner OP 104976576 : Looking at the US new administration , as trump is a more conservative kind of person he’s pushing for oil and gas instead of renewables, plus USA soon will be the main supplier of oil to Europe. We may see and more stable price of oil and gas but let’s see what’s going to happen

  • 103547443 Winner…Winner OP : uhmmm, yeah trump is pro oil and gas , which means USA gonna have higher output of oil which means oversupply market with oil which means price of oil will drop which means OnG counters are gonna get fked , the chance of oil n gas increasing is if the wars get worse or sanctions get stricter .

  • Winner…Winner OP 103547443 : Not really, increase output doesn’t mean increase demand as most of the countries has switched to Russia so yea US may not have a rise of demand but Trump will force EU to buy from them with stricter sanctions and ofc at the end of the day it will become chaotic let’s see what’s gonna happen soon