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2018-04-02 11:24 | Report Abuse
Old man sold aggressively to make Hengyuan price plunged. He is laughing to the bank
2018-04-02 11:16 | Report Abuse
Beware of the old man. He cheats people to buy hengyuan at rm 17. Then he sold 8 Million share away.
宁可我负天下人,莫叫天下人负我
His slogan
2018-04-01 21:26 | Report Abuse
Final dividend 30 cents
Q1 results eps 80 cent
TP: rm 15
2018-03-31 11:26 | Report Abuse
Back in Sarawak Ching Ming now. I can see shell station crowded with cars queuing to pump.
Buy and keep for 3 years. China new technology coming. Proton also up.
TP: rm 12-15
2018-03-30 17:25 | Report Abuse
Final dividend 30 cents
2018-03-30 09:05 | Report Abuse
出来行,迟早都要还
Slow and steady beat the rest
2018-03-29 22:45 | Report Abuse
Let God resurrect him again. Hard hard forever
2018-03-29 22:23 | Report Abuse
The old man asked people to buy at rm 17
He sold his 8 Million shares away
May god Blast him
Amen
2018-03-29 21:50 | Report Abuse
Beware of KYY
Hengyuan: A Blessing in Disguise - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Tue, 6 Mar 2018, 09:07 AM
I have been financially supporting the opposition political parties to kick out the corrupt BN Government. About 3 months ago, 3 income tax officers came from KL to raid my house in Ipoh and suspended my current account with Maybank. I miss most is my credit card.
In view of the coming general election, the Government must be so desperate that has instructed Maybank to cut down my wife and my margin facilities from Rm 40 million to Rm 10 million.
Ever since I started doing business I always borrow large sum from the banks. I have always been able to make far more money than the interest I need to pay the banks.
For share investment, besides our margin accounts with Maybank, my wife and I have big margin accounts with T A Securities and Hong leong Investment Banks.
I have big margin accounts with Affin, Kenenga, RHB and CIMB. Our total margin finance is more than Rm 200 million. All these huge borrowings sound unbelievable. I have always been able to make far more money than the interest charges. I can easily make more money than the current interest rate of 4.8% pa from the stock market.
Talking about our Maybank margin accounts, to reduce Rm 30 million from each margin account, I have to sell about Rm 60 million worth of shares, totalling Rm120 million. Since the daily volume for Hengyuan is several million shares, I sold all our Hengyuan shares aggressively. I also sold all our Hengyuan shares we have in all the other banks.
At one time my wife and I have a total of 8 million Hengyuan shares. Now we have only a few hundred lots left.
We are now cash rich and looking for some good stocks to buy. Can you readers please recommend some shares with good profit growth?
GOD works in mysterious ways
As you can see, the price has been dropping so rapidly. It has dropped Rm 1.80 today.
This let me to believe there is a supper hand helping me. The Christens believes GOD works in mysterious ways to help those kind hearted who needed help.
Why the price is plunging?
According to the company’s last profit announcement, the company will not be able to make more money this year than last year. The company has to shut down the refinery for about 2 months for upgrading. Moreover, crude oil is going up in price. These are the reasons for the price to drop so rapidly. Fortunately, we sold almost all our holdings.
My share selection principle
Among all the criteria for share selection, the most powerful catalyst to move share price is profit growth prospect. Never buy any share which does not have this quality. You must sell as soon as you see that the company cannot make more money in the current year than last year.
Rich value investors like Warren Buffet are looking to buy shares selling below NTA, net tangible asset value. Currently there are many property counters selling below their NTA. Although it is very safe to buy them, but you have to wait many years for the companies to sell all their unsold properties to show increasing profit.
EPF and some insurance companies are look for high dividend yield. All these financial institutions with a lot of cash money are buying high yield stocks to earn more money than putting their money in fix deposit with the banks.
Some investors are looking for stocks with low P/E ratio. Since most share prices often fluctuate, they believe the shares with low P/E will eventually sell at higher P/E. For example, Hengyuan which has reported reduced profit. But basing on its latest earning is still selling at single digit P/E ratio. Low P/E does not mean the price should go higher. Profit growth prospect is still the most important consideration.
2018-03-29 21:01 | Report Abuse
The resurrection of Jesus or resurrection of Christ is the Christian religious belief that, after being put to death, Jesus rose again from the dead. ... Christians celebrate the resurrection of Jesus on Easter Sunday, two days after Good Friday, the day of his crucifixion.
2018-03-29 18:43 | Report Abuse
Cash in hand rm 1 billion
Inventory rm 1 Billion
Loan approved rm 1.7 b standby
Now cheap sell capital market only rm 2.27 Billion at rm 7.58
Best technology coming fr hengyuan shengdong.
More efficient less cost. Top 500 company
To upgrade euro 3 to 4 or 5
Chinese works harder than ah mo
Apa lagi lu mahu?
2018-03-29 12:41 | Report Abuse
Q1 2018 eps 80 cents
2018-03-28 14:22 | Report Abuse
Buy nestle And HY. Sleep 10 years then wake up. Check the price again
Nestle 300 hy rm 50
Buy Andy forget
Sell and forg
2018-03-27 21:24 | Report Abuse
Stop quarrel here
Sell and forget
Buy and forget
Life goes on and on....
2018-03-27 07:42 | Report Abuse
Assume eps for 2018 is rm 2.40
P/E ratio 8
TP: rm 19.2
Buy and forget. Sell and forget
2018-03-26 23:24 | Report Abuse
It may move back to 12 by analytical analysis
2018-03-26 22:59 | Report Abuse
Buy and forget
Sell and forget
2018-03-26 18:40 | Report Abuse
Buy and forget
Sell and forget
Don’t gamble
2018-03-25 09:48 | Report Abuse
Why your name so funny one?
2018-03-24 12:50 | Report Abuse
When others are careful. We must be greedy.
Buy buy buy.
2018-03-24 12:19 | Report Abuse
Sell And forget. Buy and forget
2018-03-23 23:30 | Report Abuse
Shengdong hy is top 500 companies. They spent rm 300 million to invest into hy. Not like other csl bla bla company. Listed here to cheat money
2018-03-23 23:07 | Report Abuse
Be patient. The sleeping dragon will wake up next week. Stop throwing the share.
After the rainy days fr rm 15 to 7.8
The sunny day will be back stronger next week. Ching min is coming. Pray to our ancestors then it will rebound like to tongkat Ali. Geng
2018-03-23 22:57 | Report Abuse
P/E ratio 8
TP: rm 24
Buy call fr fund houses
Next week rm 12
2018-03-22 22:59 | Report Abuse
Interim dividend 2 cent
Due to many shareholders unhappiness
We Management would like to announce final dividend 50 cents to ease your burden
Final dividends 50 cents
2018-03-22 22:22 | Report Abuse
Buy and forget
Sell and forget
2018-03-21 23:34 | Report Abuse
KYY pumped in 8 million share and sold 8 million share within few months. Now stabil already. Klse allow speculation to make more profits for brokerage fee they charged
2018-03-21 23:05 | Report Abuse
Brent oil up to 70 last January HY shot up to rm 19
Lol
2018-03-21 22:33 | Report Abuse
Today only 1.23 million shares transacted. Stabil. Looking back its history HY shot up after low volume transaction. May hit rm 12 within 2 weeks by looking at the graph analytical
2018-03-19 19:49 | Report Abuse
HY revisit below rm 8.30 for the third time this month Andy bounce back. Few fund house accumulated. This time the bounce up may reach rm 12 in short term
Buy buy buy
2018-03-19 15:51 | Report Abuse
DISCOUNT RATE OF 3.17%
1. The discount rate is calculated based on the the Weighted Average Cost Of Capital method.
2. Market value of HRC's equity is determined based on it's share closing price as at 14 March 2018 of RM8.53 i.e. RM2.559 billion.
3. Market value of HRC's debts amounted to RM1.205 billion as at 31 December 2017.
4. Cost of equity is determined at Maybank's fixed deposit rate of 3.35% per annum.
5. Cost of debt of HRC is 3.67% per annum as discussed above.
VALUATION
Using the discounted cash flow method of valuation based on the assumptions and estimates presented above, HRC is valued at RM19.55 per share.
[The following was inserted into this article after it had been initially posted. Updated on 16 March 2018, 1.40pm]
There are comments that the discount rate used was too generous. As I have mentioned in the beginning of the article, the DCF method always draws disagreements to assumptions and estimates used. Nevertheless, for discussion purpose, lets try a discount rate that is more conservative.
Using the Weighted Average Cost Of Capital ("WACC") again to calculate the discount rate, I revisit inputs for cost of equity and cost of debts.
The cost of equity I previously selected was that of Maybank's fixed deposit rate as that will be the opportunity cost of the fund used to invest. Here, I will be using the cost of margin facililty instead - this being the interest expense that you will have to pay for investing using bank borrowings. Maybank's current interest rate for margin facility is 4.65% per annum.
The cost of debts was previously taken as the average term loan interest rate of HRC for the past 2 years as extracted from HRC's audited financial statements. For this illustration, I am selecting the upper most interest rate incurred by HRC in the past 2 years of 5.27% per annum.
Based on the above inputs, the discount rate using WACC is 4.44% and HRC is valued at RM18.25 per share.
2018-03-18 13:28 | Report Abuse
It’s uotrend now
2018-03-18 11:09 | Report Abuse
Fr graph. Logically it will hit 12. Then ...
2018-03-18 09:27 | Report Abuse
Hibicus director sold 14 Million shares last week. Mohd z. He still hold 80 Million shares.
I will buy back after it’s correction after warrant is out
Long term Hibicus is ok to hold.
2018-03-17 19:02 | Report Abuse
One month. Fr technical analysis
2018-03-17 18:20 | Report Abuse
May hit rm 12 in short term
2018-03-16 07:28 | Report Abuse
Today get dividends first time since 2014. Good start
Today is uptrend. Don’t play contra or margin. Later you HKC and PK
2018-03-15 22:51 | Report Abuse
The old man sold 8 million HY shares to make the price plunged aggressively
Only Malaysia allows this speculator. China may fine him already
2018-03-15 22:45 | Report Abuse
Its a cash cow company. The cash is piling up. More dividends to be given in the future
2018-03-15 21:28 | Report Abuse
Buy. Keep for next Q1 results you will be rewarded
2018-03-15 18:13 | Report Abuse
Few fund houses started to accumulate hy. Uptrend now. Most contra and margin players are wiped off now
Tomorrow ex dividends 2 cents a very good move for hy bcos cash in hand is piling up
2018-03-12 18:11 | Report Abuse
Contra players died first
2018-03-12 04:52 | Report Abuse
宁教我负天下人,休教天下负我The old man philosophy
2018-03-11 23:25 | Report Abuse
Don’t contra and don’t buy with margin like someone. He sold aggressively 8 Million share to plunge the hy.
Buy and hold for mid term or long term ok one
2018-03-11 22:47 | Report Abuse
Nobody cares about election. Old Umno vs new Umno
Tomorrow open Hy up above rm 10.00
Closed at rm 11.00. Investors are back with confidence again
Shell petrol stations are full of customer.
Buy. TP: rm 16
2018-03-11 18:24 | Report Abuse
Can forgive. Can’t forget
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2018-04-02 19:32 | Report Abuse
Unbreak my heartt
love is patient
Love is kind
Sell and forget
Buy and forget