$HIBISCS (5199.MY)$ The stock price is severely undervalued,...
$HIBISCS (5199.MY)$ The stock price is severely undervalued, and the company continues to buy back! We shareholders and the company will continue to work hard, and we will definitely be able to defeat malicious short sellers! 💪💪💪🇲🇾👍👌✌️
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Dragon Fish : Wasting money to support the price. SBB proven not a very good way to support the price. More like artificially want to make the price look good only. TopGlove burnt rm1.4 bil in the past to support the price at average @rm7 per share also ended up like today rm1.00 only.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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田東正 OP Dragon Fish : 一间一直亏损的手套公司能跟大红花石油比？Hibiscs今年净盈利近5亿令吉，天差地别啊！
chong4799 : Good company, slowly accumulate a little, looking forward to it returning to the price it should be.
103575541 : Oil prices are weak~ Stock price rising equals zero.
田東正 OP : Crude oil and natural gas are essential for human industry and life, and they are non-renewable resources, hence precious! Price drops are only temporary, call for the long term!
DanCJTan : Generally everyone on this thread thinks it is a good company. I own shares in this company as a result of averaging down. The reason why it keeps hitting lower lows? ROE is subpar and cash generation is negative. Assets are purchased in the face of falling oil prices making returns are weak. The funny thing is that they are pivoting to more gas assets when gas prices are at all time high hence have to overpay for Total Energies How does that make for good management? Is like you put money to work but your return is less than 4% might as well put in bank. There is a reason why the PE is low. Look at the annual report apart from the MD no insider is buying.