1year chart of Brent VS DAYANG and HIBISCUS. These are not even up 50% yet Brent is up 120%. With the main world economy recovering, will we see them finally reflecting their actual values?
TAYOR
TAYOR
Trade active:
Entered Dayang during the 21.9.21 sell-off. Fundamentals are still intact, with QoQ increase in revenue. Next QR Dayang will likely be profitable. Brent hovering above USD70 means more mid-to downstream projects. Interesting to note that Brent is up 90%, while Dayang is down -11.65%.
Comment:
Dayang still can play catch-up. Hibiscus broke 1year-high today. More upside once the Repsol acquisition starts generating revenue. Would like to point out this will increase Hibiscus's gas production from 3 to 30%, and with the current gas prices, it should bode well.
Comment:
almost 1year since the idea. Hibiscus still playing catchup despite the REPSOL acquisition being a boon. Target 1.60 then 2.00.
Dayang is looking really promising. in 3-6months we should start seeing an uptick.
Dayang is looking really promising. in 3-6months we should start seeing an uptick.