Hibiscus Petroleum Sdn Bhd is a Malaysian oil and gas E&P company which developes small oil and gas fields in the South Asia, South East Asia and Oceania regions by Upstream oil and gas activities consisting of exploration, development and production of oil and gas resources. Hibiscus Petroleum Berhad was incorporated in Malaysia under the Act as a private limited company on 5 December 2007 under the name of Hibiscus Petroleum Sdn Bhd and converted into a public company under its current name on 20 December 2010.
Daily chart resistance R1 1.13 and R2 1.15. Support S1 1.15, S2 0.99.
Weekly chart a resistance breakout 1.11. R1 1.33 R2 1.35. S1 1.01, S2 0.985.
R mean resistance, S mean support.
Made so much profit in latest financial year 30 June 2019. But is it cash related profit or just a creative accounting? I let you know at next post.
Remark: Just for keep in view, I didn't hold any so far.
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