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Author: WHO AM I   |   Latest post: Wed, 6 Mar 2019, 3:39 PM

 

Heng Yuan : Does HENG YUAN Q4 MARGIN DROP 20%??? Bullshit!!! (Part 2)

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85% of HRC (Shell) refined product sold in Malaysia in 2016

 

[Above Figure take from Annual report 2016]

From above you can see, in 2016 only 15% is for export purpose. From my point of view, it can be mix of Mogas 92, 95 , diesel and any other product.

Let assume all export is MOGAS 92 leaded 15% x 20% drop= only 3% drop on refined Margin

So, you think 20% drop in crack spread will cause HRC Q4 2017 and Q1 2018 margin drop ??

If Yes, Lim Sin Kiat already cracking your head.

Take note that, Malaysia government have banned Mogas 92 from selling in Malaysia, hence, HRC's 85% product sold in Malaysia should be MOGAS 95 and disel , hence I think the drop in 20% of Mogas 92 will have insignificant impact on HRC’s revenue and profit margin.

Therefore, drop in crack spread MOGAS 92 is nothing to do with Heng Yuan. I am so surprise  LIM SIN KIAT can come out 20% drop in Heng Yuan Margin in Coming Quarter report !!! eh…. Do your research lah….

 

You Might said, how about Increase in Raw material Price (Crude oil price) will lower HRC margin ? see below Figure,  Mogas  95 and Crude oil price are positive relationship.

Beside that, another factor is Strengthen of RM against USD may benefit HRC in buying Crude oil

 

 

In conclusion, Based on “MY Negative” findings on HRC, all of the “LIM SIN KIAT” supporters should sell the share. Make Heng Yuan Limit down Tomorrow Please !!! 

 

Base on So call “Technical analyst” from Any investment bank, especially RHB INVESTMENT BANK please make SELL CALL on HRC please!!

 

Drop 20%  in MOGAS 92 CRACK SPREAD  and you all panic SELL like Heng Yuan have no Tomorrow.

I’m Laughing, Malaysia have so many “Smart Investors”.

IF “Smart investors” Not losing money, how you make money right ? haha

 

I’m Here Making “SELL CALL” FOR TOMORROW DUE TO CRACK SPREAD MOGAS 92 HAVE DROPING MORE THAN 20% MEAN HRC will Have MORE THAN 20% Drop in Margin !!! You Must believe “LIM SIN KIAT”, if not you will lose money.

 

 

LONG LIVE LIM SIN KIAT, Thank for the comment on HRC. Please make HRC limit down !!! Target price down To RM 10.04 !!!!

 

PART 1 LINK - http://klse.i3investor.com/blogs/HengYuan_Q4EPS/144377.jsp

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Labels: HENGYUAN

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Chart Stock Name Last Change Volume 
HENGYUAN 5.32 +0.07 (1.33%) 1,358,700 

  Be the first to like this.
 
named Seems like someone cannot sleep well. Investors are buying one company's future earnings, they doing well not mean they also doing good in near future.

Crack spread drops again to USD7.221. Please refer the latest chart.
http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=D1N&title=JAN_2018_Singapore_Mogas_92_Unleaded_%28Platts%29_Brent_Crack_Spread_&type=p&venue=0&monthYear=F8&year=2018&exchangeCode=XNYM
17/01/2018 6:26 AM
zoozooka Rake in the profit first
17/01/2018 8:21 AM
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ Very irrational and emotional article.

Just state your points and rebuke what you find disagreeable.

There is no need to pass remarks on Lim Sin Kiat.

If the writer of the above post is distressed by the falling price of Hengyuan the last 2 days, he should know what to do.
17/01/2018 10:30 AM
Tai KT articles above is about emotions but taking the fact
17/01/2018 10:33 AM
silverwind HY havent paid any tax for the last few quarters, when they start to pay the tax, then 24% will be taken out from the profit in future quarters soon
17/01/2018 10:39 AM
Crackspread over trading at the high
17/01/2018 10:56 AM
Stockgod8 Don't fight the trend
17/01/2018 11:06 AM
SALAM I loved to be Lim Sin Kiat. Why not ? Who could shake the price and make the money...SYABAS ! WELL DONE LSK !!
17/01/2018 11:18 AM
Alex™ pls don publish article liao. Now good or bad article, one out = next day black candle.

no news is good news.
17/01/2018 4:44 PM
Bizfuneng My bullets are ready at RM10.00. Waiting it to fall.
17/01/2018 5:05 PM
PotentialGhost All hengyuan article , I never see b4 in i3 , I am worry if hengyuan start down trend , how many people died
18/01/2018 12:15 AM
YouBuyIBuy if kyy sell only hy down much ,many follower will follow
18/01/2018 2:32 PM


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