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When we do calculations, you must be certain you do it right. We usually make some reference. Does it make sense Jeremy Yap from MB value Hibiscs at 1.6 now. How about other ppl? How far off his calculations? If its far off, we throw them in a paper waste basket!!! Do you know how much Hibiscs market price 3 year ago before price consolidation?
Hibiscs generates more revenue now then 3 years ago. By back of the hand calculation, Jeremy Yap claimed on valuation of 1.60 is equivalent to 0.64 before consolidation.
The funny thing is, these analysts uses the same equations and they all get difference figures!!! Its good they work in banks. If they work on offshore platforms, a lot of ppl will die.
Must know maybank got issue call warrant. They have to protect their IB exposure risk. We got money we go hoot mother share. Hoot until they got no more share to short
hlib analyst is far better. their projection is the most prudent & conservative. not to optimist not to pessimist. you can go & check, I like most of hlib report.
Ahh well... its another opportunity presents itself in front of you..
But I doubt it will go to 2.00. Selling pressure is thinning.
Short sellers love bad news.
Ken Tan, if you have any evidence in this, you can report misconduct by a member here https://www.cfainstitute.org/en/ethics-standards/conduct/report-misconduct
CFA Society Malaysia will call him and he will face their Disciplinary Committee. If DC found him guilty, DC will recommend to CFA Society Malaysia to struck him/her of the roll or suspended or fine.
evidence of banker playing. they push down the share. That is very good. I hope everyone will start to buy up the share.
Understand Oil is going to be the main driver. See warren Buffet. What share is he holding now
hard to say what happen in the market since it is driven by supply and demand. but on the fundamental side, hibiscus is efficient in managing their cost. hibiscus opex below 30 which is very good.
