All above 50:50

50:50

Last Q3 making rm 1.21 eps due to oil price up. The inventory rm 1.2 Billion make extra income

30 cents final dividend

Last Friday 8.35
Today 9.28
Next Friday
10.18

9.28
Next week
10.28

股票市场
进了的人想出
出了的人想进
水無常形啊
Let mr Market decide the price not us or old man
Let the voters to decide not Tun M or Najib

Everyday up 10 cent until Election Day.
Slow and steady beat true rest

This is not a goreng stock. When Airasia dropped to 80 cent 3 years back. Everybody dump the share. When it start shooting up investors start to buy.

Warren b said We must be greedy when others are fearful

If yoiu want an easy life buy Low risk counters with steady return. Buy HLB, topglove And public bank. Those are good counters. P/E ratio 15-20 with dividends

OPEC extend its oil cut output and Syria tension. Hy should be able to whoop a big profit years to come. P/E ratio 3-6 is safe. If oil price is above 100. We must consider to reduce our holdings. Hy gave out the highest dividend in 2007 rm 1.2 per share.

At the moment it’s a buy signal. TP rm 15 in August.

See you at the top HY

https://youtu.be/YVGgTBjtYYI

By looking at the fundamental and technical analysis HY should be able to go back to RM 12 in the short term. If HY announce special dividends or final dividends would benefit shareholders Chinese says 有福同享有難同當。difficult and good time together.

Remember to pump petrol at shell station ya. Tomorrow should be rm 10 lol

Open 9.50?

Brent oil 71. TP : rm 15.

8.88
9.88
10.88
11.88
12.88
13.88
14.88
In August should hit rm 15

Slow and steady beats the rest

Today rm 10?

China fund thanks old man. My china friend told. I’m not sure 50:50

China fund is behind. Old man fund small la

China fund is coming

Start at rm 9:00am

Open rm 8.88??

It is a joke to assume HY 2018 eps is below rm 1. Oil price not fluctuated much

Don't forget shengdong HY is top 500 company they have ability to manage to replace the plant at its lowest cost

Hy is a better share than Sendai and jaks. Old man promoted 3. Why only hy moves. By looking at the graph. It’s overdone oversold. A sharp u turn is common. Just like a bouncing ball. Fr rm 2 moves up to rm 19.20 it dropped down to rm 6.02 rebound up maybe very strong.

At the mean time enjoy the ride.

Old sharks swim back to eat the ikan bilis. Newbie also coming. Short term may see rm 12

Hold with cash don’t play contra or margin

I’m holding since last year September
Happy to see many people pump petrol at shell

Don’t accuse the accountant until you have proof
Let’s enjoy the ride at the moment

China bought over proton all suppliers have to give discount other china get its parts fr china much cheaper

Can’t wait to see rm 10 next Monday

Can’t sell. Hold until 15

Monday open rm 8.88??

（吉隆坡6日讯）马股股坛名人——官有缘再次在网上高调发文表示，自己又买入恒源（HENGYUAN,4324,主板工业产品组），该公司周五全天大涨1令吉48仙或21.54%。

一度涨1.53令吉

恒源周五早盘走势平淡，约在6令吉80仙至7令吉之前窄幅波动，午盘后，大量买盘涌入，股价节节高升，最高一度上涨1令吉53仙至8令吉40仙，后来涨幅收窄，以8令吉35仙挂收，全天共有1032万6300股易手。

官有缘并没有透露他目前手中持有恒源的股票数量。

他早前在另外一篇网络文章宣称，因为受到关税局调查，也遭银行降低其按金融资（Margin Facilities），被迫脱售手中股权，令他在恒源持股从原本800万股，降低至数万股。

他在最新文章内说道，“我可能必须为该公司昨天（周四）的72仙涨幅负责，当天开市后，我就一直买进该公司，该公司本益比低得令人无法置信，我相信恒源明年会开始获利，一年的等待时间不太长，我愿意等。”

恒源在被中国公司收购后，股价大幅波动已经成为正常现象，过去一年内，该公司股价在3令吉73仙至19令吉20仙之间徘徊。

May see rm 12 next week

https://donovan-ang.blogspot.my/2018/04/funds-flow-analysis-of-hengyuan.html?m=1

Hope not the contra players who created the volume.

U turn due to china players behind.
I met a china friend. He said china can make tencent to go up to 500 P/E ratio over 100.

Hy P/E ratio not even 10. The sudden dropped could be due to the margin call thrown 8 Million shares by the old man

The china is behind. Old man small fund only

成也萧何 败也萧何

Open at 7.20?

Uptrend now. May See rm 10 soon

Thanks Ooi.

The old Man philosophy
宁可我负天下人
莫叫天下人负我

难以捉摸源的心

Volatility create wealth for the rich to get richer. Hy From weak hands to strong hands.
Buy on dips by stages by percentage.

Don’t play contra or margin

Uptrend. Target rm 15 by August. Buy signal

many new players onboard now. More funds coming in

Take it easy.
I bet HY can't drop to zero. Cash in hand rm 1 billion. Inventory rm 1 billion

Now selling at rm 2 billion for HY

Be greedy when other are careful. Unless wwiii otherwise hold for 3-6 months can see rm 15 Liao

Buy and forget. Cry no use. We can't laugh only th old man can laugh now

Please continue to pump petrol at shell ya. Next dividends rm 50 cents

Now everyone lose money. Can't cut win or cut lost
Only can cut lanjiou liao

Fundamental Check of Hengyuan
Author: chang0509 | Publish date: Tue, 3 Apr 2018, 11:18 PM

-Petrol is a necessity. Every car need petrol. The product is in great demand. HY’s business still operating good.

- HY will held its AGM on May. This will clear all the doubts, especially on the progression of Euro 4M upgrade. Once the doubts are clear, HY will gain back confidence of investors.

-Shandong Hengyuan is one of the Top 500 Chinese Chemical Enterprise and its chairman Wang is an outstanding entrepreneur. With the support of strong parent company and good leader, I am confident in HY business prospect. It has the expertise in upgrading the Euro 4M project on time. China man is very effective.

-HY secures RM1.7 billion financing from 3 major banks. It indicates that the 3 banks have check the company’s account which is good (no fraud in accounting reports) and it believe on the outlook of HY which remains positive due to improve refinery margins.

-Possible final dividends due to improving cash flows

-During the shutdown, HY will have enough storage tanks which can support the business for another 3-6 months. So business of HY won’t be affected much.

- HY latest quarter Crack spread should be improving as Singapore benchmark crack spreads have posted a strong and steady uptrend over a past six months.

-HY still earning big currently with EPS 3.0307 and PE of 2.36. It is very undervalue.

-MYR strengthening is a good news to HY. Anticipated forex gain. Strong RM may also lead to lower import cost for crude oil (buy crude oil in USD).

- Investors has low expectation to HY coming quarter result following the big selldown (low base). If the Q1 18 result is as good as previous Q4 17 result (183553k) + taxation 63743 = 247296k or Q1 17 result (279485k) . Then its share price will definitely rebound very fast . It drops very fast, rebound also will be very fast. Based on the crack spread data, this has high possibility.

-Worldwide benchmark for a refinery stock ranging from 10-22. Even I take the local counterpart Petronm which has PE of 6. Assume the projected EPS of HY for 2018 is only 2 (take in factors of shutdown) . So the fair price of HY should be 6x2= RM12.00 (very conservative). The share price of RM7.15 now is definitely very undervalue.

- If a company has good fundamental, the price is undervalue when

19.2 (highest price)/2= 9.6

9.6x0.85=8.16 (undervalue price based on Huliyang model)

Current price is 7.15 (at bottom range)

- Buy on maximum pessimisim to gain big will not always happen if the fundamental of the company is deteriorated, like Parkson (never ending drops). But it will happen, if the company has strong business model and strong leadership like LCTitan (rebound strongly). I believe HY will follow the latter.

Maybe P/E ratio 2 not attractive. People don’t look at P/E ratio now. Tencent P/E ratio 100 over
People still chasing.

Final dividends 40 cents. May announce after election

Please pump petrol at shell. Dumb and forget. Buy And forget

It’s overdone now

Buy now
No more contra players and margin players according to the software

It should hit rm 15-16 in August