Money not enough. I just finished reading the annual report in the today announcement

North Sabah sale and purchase was signed on 12 th october. Start operating next January 2018 onwards. TP:RM 1.10
Buy

Private placement 10% at 0.695. The Sabah shell oil acquisition is almost finalised. TP: RM 1

P/E ratio 4 by Q3 eps rm 2.00 TP Rm 15

Nobody can predict the bottom
Nobody can predict the highest price
TP : 1.05 public research

Private placement of 144 Million share last week at 69.5 cents. The acquisition of Sabah shell oil field is almost final stage. Hold

Buy buy buy

Q3 result very positive. P/E ratio 4. Eps 1.8 TP 15

Don Sahong power plant to be completed in 2019. Revenue will be triple. TP:6-7

Sabah acquisition to be announced soon. TP RM 1.15

Maintain Target Price of HENGYUAN at RM15. This is based on 8x PE on FY17 EPS of RM1.86. The 8x PE is very conservative as it already at 36% discount as compared to RHB use of 12.5x PE for PETRONM.

8x PE * RM1.86 = RM14.88 (round up to RM15.00)

80 ct next week. Next Q 3 reports out it could be 90 ct. Sabah acquisition announce date will be rm 1??

Ok

Amanahraya kept selling. Why?

I missed the opportunity and sold too early at 69 cent 50 lots. Now keep 10 lots for the next 10 years lol

All in before the Q3 result to be announced next month end. The result is positive compared to last year Q3 making losses. P/E ratio 4. TP 15. Don't miss this golden opportunity

Buy before Q3 result announced. It would a turning point on that day

Raising EPS and so new TP of RM15. I am raising my Target Price Scenario to the "Normal Case Scenario" which means 8 times PE to EPS of RM1.86. As the first half of FY17 earnings already achieved 97% of my full year forecast previously, I relook into my numbers and increase my EPS. The new EPS target of RM1.86 is still conservative considering refinery margin has improved from July onwards and there's unlikely another shutdown after recent shutdown in May 2017. The efficieny has also increased (lower unplanned downtime) as explained previously.

8x PE * RM1.86 = RM14.88 (round up to RM15)

Warren Buffett bought petrol China at hkd 2 plus per share sold at hkd 12 then it shoot up to 18 in 2004. Not all china company manipulated the Account one la. Malaysia companies. Talam, MAS and Felda worst

EPS RM 2 high chance RM3 maybe can’t be acchieved

Q3 results fr last year was negative change to positive this year. P/E ratio 4. Cheap hy still my top pick. All In liao. Heng yuan. Sailang. TP: 15. EPS rm 2

10% of HY oil sold to spore.

ALL IN Hengyuan now

After last week Hibicus has surged 10-20% in a day we see some profit taking. Price is steady and oil price dropped may slow down the investors. But the revenue of Q3 is very positive. I will buy back if below 63 ct again. If .. it drops la

Q3 results fr last year negative change to positive. P/E ratio 4. Cheap hy still my top pick. All In liao

KLSE OUTLOOK FOR 06-10-2017 (FRIDAY): TODAY SECOND AND LOWER LINERS LED BY OIL STOCKS ARE GOING TO HOG THE LIMELIGHT - FRED TAM

Dear all,

The KLCI was lower by 2.75 points or 0.16% to close at 1759.09 but gainers beat losers by 487 to 360 while 1003 counters were unchanged.

Yes yesterday was an “up-day” for lower liners and especially oil and gas stocks. I was correct alright when in my webinar on Wednesday night I called for a rebound on oil and gas stocks coming from a firmer crude oil market.

We saw HIBISCUS once again leading the pack with a burst of buying not seen since 20th September, 2017.

The buying power was not as strong as 20/9/2017 but strong enough to wake up our worn-out traders and die-hards from the KLSE.

All eyes will now be on the price of crude oil in NYMEX. If oil can close above 50.86 (at time of writing at 10.50pm), then expect today to be another oil and gas-led rally.

Here is the list of stocks-to-watch for Friday: (Available in ou detailednewsletter).

All the rest are holds, and these include PETRONM and HENGYUAN (HY).

Do not give up on HY. It may be poised for an upward burst as we saw a “squeeze” having unfolded in HY. The Bollinger Bands are poised to open up, and it may be today. You may get a surprise from HY.

Other stocks that triggered TAD buy are: EFFICIENT, BKOON, MEXTER, KGB, ASIAPLY, WEIDA, FPI, TGUAN. However, we are not listing them as buys.

Today second and lower liners led by oil stocks are going to hog the limelight. KLCI linked counters, on the other hand, remains lackluster.

All the best for a great Friday, and have a nice weekend!

Best regards,

Fred Tam
MFTA(USA), M. Phil(MMU)., MSTA(UK).,
CFTe.(USA)., ACCA(UK)
Principal Lecturer of Asia-e-University-PCFTA-EMBA Course
Malaysia's First Recipient of the Master of
Financial Technical Analysis (IFTA-USA)

F1 Academy of Technical Analysis
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58000 Kuala Lumpur
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Disclaimer: Investments involve risks, including possible loss of principle and other losses. These articles and charts are provided for information only and should not be construed as as a solicitation to buy or sell any of the instruments mentioned herein. The author and/or his staff may have positions in some of these instruments.The author shall not be responsble for any losses or lost profits resulting from iinvestment decisions based on the use of the information contained herein.If investment and other professional advice are required, the services of a licensed professional person should be sought.

TP rm 15

ALL IN HY now, the counter is going to move soon 冲

Today was my best day bought at 61.5 cents sold at 69

Sold all d. When others are greedy. We must be careful

Buy buy buy

Don't miss this opportunity. Hold for 6 months could see big money

Bought back some at 62.5 cent. The sheeps were totally swallowed by the Sharks last 1-2 weeks. Next jump maybe 70-80 ct

P/E ratio at 4 when Q3 announce. I agreed the next jump easily RM 10 next 1-2 months. PetronM P/E ratio at 8-9 now but price rm 11

If the china company accounting is true Q3 another great run. P/E ratio will be 4. Then we may enjoy the ride to TP15 next year

Be greedy when others are fearful. This week offers opportunity to buyers again

I saw some funny personal attack in this forum. Calm down bro

Why HengYuan is worth minimum RM37.00 and more?
Author: 360Capitalist | Publish date: Wed, 16 Aug 2017, 11:23 AM

A) Out of 1863 Companies listed in Bursa Malaysia, only 4 companies is able to make minimum Earning Per Share (EPS) RM2.00.

Name Price P/E

PANAMY 37.10 17.73

DLADY 59.00 25.67

NESTLE 84.10 30.49

BAT 44.28 16.42

HengYuan ? ?

Note :-

Ajinomoto is not include in the list due to one off gain event via land disposal.

B) So far, no company in Bursa Malaysia is reporting EPS RM3.00 per annum.

Heng Yuan has high possibility to report EPS RM3.00 per annum as strong crack spreads will drive profitability in refinery business. (Crack Spread for Mogas USD4.00 jumps to USD12.00 per barrel for August, Heng Yuan's daily capacity is 120K-156 barrels, huge additional profit while crude oil cost remains low)

Fair Valuation :-

HengYuan will be the next Super Star with higest EPS earner in Bursa Malaysia.

1) Based on minimum EPS RM2.00 per share, the lowest share price quoted in Bursa Malaysia is PANAMY at RM37.10.

2) Minimum EPS RM2.00, lowest P/E Ratio is 16 times which is 7 to 8 times higher than Heng Yuan's P/E less than 3 times.

3) If based on EPS and P/E ratio, the fair price for company EPS at RM3.00 at 16 times should be RM48.00

4) Heng Yuan's high gearing concerns is not an issue as majority is in liquidity form to fund the working capital (inventory) of the business. If the business is able to generate profit of RM 600 mil to RM900 mil, it should be debt free within two years period and cash cow from third year onwards.

5) Dividend pay-out is just a matter of time.

6) Corporate exercise like bonus issue is possible to boost liquidity in market.

HOLD TIGHT and SEE YOU AT RM37.00+++

Hopefully next year onwards Hibicus will start giving dividends

T4 today and Tomorrow who played contra now surface

Bearish

Be cautious when others are greedy

If tomorrow can sustain. Next level 85 cent resistance. Otherwise may drop back to 55 cent

450 million share last Thursday. Cash buyer I hope

30 more min. Contra players start throwing todayband tomorrow

Contra players now Kam cheong d

No wonder no dividend for us

Tomorrow everything may surface. Low tide easier to see who swim naked. If those who play contra can hold on to it. The price may be stabilised. Today 66cent highest contra players start to profit taking d

T3 coming T4 next

Last week 850million shares transacted today slow down. Market can't churn away the 850 million shares yet. Let's see later. Unless they are investors not playing contra one. Then. We can buy now