Last minute push uppp.... Tomorrow no more cheap HY, BRENT OIL $124 liao..... HOOT99999

Tomorrow no more cheap HY, BRENT OIL $124 liao..... HOOT99999

BRENT OIL $124 liao..... HOOT99999

BRENT OIL $124 liao..... HOOT99999

Wa lao eh.... whole morning should have sapu enough from the weakholders who sold off la.... HOOT9 la

Whole morning hantu buying???

Brent oil $123 liao..... HOOT9

When apple show up you know it's the right time to buy lo!!!! =D

As my sifu said, while high oil price does not directly translate into better profit for HY, but it creates sibeh good impression and attention to the investors and syndicate thus the share price could push from 3.90 to 7.xx, with the oil price is climbing further it will create more traction to those investors who have no other stocks to buy at the moment.

Looking forward HY to close green today. =D

The key is Oil Price is sibeh bullish right now...

Busy trading....
bought more C24 & C25......
Brent oil price $122 liao....

winning the talk no help, need to win money....
I believe the Singapore sifu which pretty align with Master OTB's prediction.
FMs especially who use SGD very bullish on HengYuan

buy rate increased...macam boleh support leh

buyers quietly sapu.

Ikan bilis never die~

C22 no more~ sapu C24~ =D

Not too late~~~ It will close green!!! =D

HENG~ONG~HUAT~ AH~ =D

Hooot9999~!!!!!

My Private Remisier called me to hold and sapu more!!! Syndicate + FMs and IBs are coming big!!!! like TopGlove~~ =D

Thanks to those who sold at 6.00 this morning!!!! =D

IBs and FMs are in to collect, betting on Q2!!! =D

IBs and FMs are in!!!

https://www.theedgemarkets.com/article/hengyuan-1q-profit-swells-191-amid-higher-refined-oil-price-stronger-demand

Hengyuan 1Q profit swells 191% amid higher refined oil price, stronger demand"

It's going to open low close green!

https://www.newsweek.com/donald-trump-tells-rally-goers-third-world-war-would-like-no-other-1711175

Oil price new high

"Israel Raises Risk Warning for Turkey on Iran Attack Concerns"

https://www.bloomberg.com/news/articles/2022-05-30/israel-raises-risk-warning-for-turkey-on-iran-attack-concerns

"Russian hypersonic missile tests send message to Sweden and Finland over Nato bid"


https://www.thetimes.co.uk/article/russian-hypersonic-missile-tests-send-message-to-sweden-and-finland-over-nato-bid-qmff9l5cz

"Hengyuan 1Q profit swells 191% amid higher refined oil price, stronger demand"

https://www.theedgemarkets.com/article/hengyuan-1q-profit-swells-191-amid-higher-refined-oil-price-stronger-demand

I can smell IBs want people to sell so they can buy.... =D

6.68 block getting smaller...... 7.000 anytime now~

My Singapura FM Guru gave a better forecast than Master OTB~
2nd half limit up~ 2nd half limit up~ 2nd half limit up~ =D






stockwin

Posted by OTB > 3 hours ago | Report Abuse

Dear valued readers,

In my previous calculation, I used the sales volume as 9.00 million barrels per quarter.
In Q4 2021, the sales volume was 10.7 million barrels per quarter.
I believe I should use 10.7 million barrels per quarter to compute the projection for FY2022.

Projected Q1 2022 PAT and EPS
Inventory gain from increase of Brent crude oil price= 3.5 million * USD20.0 = USD70.0 million
Assume 1 USD= RM4.20, inventory gain = RM294.0 million

Profit margin = (10.7 million* USD13.86) - manufacturing & administrative expenses and finance cost
Manufacturing & administrative expenses and finance cost = -RM39.7 million

Profit margin = USD148.3 * 4.20 = RM622.9 million - RM39.7 million = RM583.2 million

Assume derivative financial liabilities = 280.0 million

Profit before tax = RM294.0 + 583.2 - 280.0 = RM597.2 million

Income tax = (100*24%) + (497.2*33%) million = (24.0 + 164.1) = 188.1 million

PAT = RM409.1 million

Number of shares = 300 million
EPS = 1.36

Date Crack Spread Brent crude price
1/4/22 14.01 104.58
29/4/22 21.06
2/5/22 23.46
11/5/22 26.90 108.44
Note :
The average crack spread for April 2022 is USD17.54
The current crack spread for May 2022 is USD26.90.
Never mind, I used the average crack spread of USD22.22 in Q2 2022.

Projected Q2 2022 PAT and EPS
Inventory gain from increase of Brent crude oil price= 3.5 million * USD6.0 = USD21.0 million
Assume 1 USD= RM4.38, inventory gain = RM92.0 million

Profit margin = (10.7 million*USD22.22) - manufacturing & administrative expenses and finance cost
Manufacturing & administrative expenses and finance cost = -RM39.7 million

Profit margin = USD237.8*4.38 = RM1041.6 million - RM39.7 million = RM1001.9 million

Assume derivative financial liabilities = 0 million

Profit before tax = RM92.0 + 1001.9 = RM1093.9 million

Income tax = (1093.9*33%) million = 361.0 million

PAT = RM732.9 million

Number of shares = 300 million
EPS = 2.44

Total EPS for the first half of FY2022 is equal to 3.80.
If the crack spread can maintain at USD25 for the second half of FY2022.
I believe the EPS for the second half of FY2022 should be higher than 3.80.
Never mind, I still stick to 3.80 for the second half of FY2022.

Total EPS for FY2022 is 3.80*2 = 7.60.

If my projection on the EPS of Hengyuan to be 7.60 is correct, Hengyuan will be the first stock listed in KLSE to have such high EPS in 2022.
Please tell me what is the fair target price of Hengyuan.

FYI, In 2017, the highest crack spread was USD18.00, the share price of Hengyuan hit 19.50.
Those who want to short the share price of Hengyuan, let them short now.
===========================================================================

TQVM OTB for your estimate.
Whether one agrees with him or not is another matter. I view it as his rights to his opinion and estimate.

So if I assign a PE of 2 [ in view of future uncertainty ] would give me a TP of RM15.20. Not bad at all.

18 minutes ago

2nd half limit up~ 2nd half limit up~ 2nd half limit up~ =D

2nd half limit up~ 2nd half limit up~ 2nd half limit up~ =D

VROOOOMMMMM!!!

Hooot 9!!!! LIMIT UP 3 TIMES!!!!

Brent oil $121!!! =D

Hengyuan and Petronm will be the best return stocks of 2022!!! =D
Hengyuan #1, Petronm #2! =D

LIMIT UP 3 TIMES!!! =D

Sialang C24 at 0.255!!!

BIG BUYERS ARE BACK!!!

Semua IBs and Syndicate ready to hoot HY and limit up at least 3 times!!!! =D

HOOT999999999999999

Heng~ong~Huat~ ah

Follow apple said will bring you to Holland....
I bought C22 at 0.015 and sold at 0.30.... many sold at 0.005 because what apple said.... KNS...

Now I all in SIALANG C24

Thanks Sslee, very good information why my Private Remisier said it can limit up at least 3 times.... =D

HY will limit up 3 times!!!!!! Heng, Ong, Huatt ah!!!! =D

https://www.reuters.com/markets/commodities/brent-could-push-past-150bbl-if-russian-oil-exports-shrink-bofa-says-2022-05-27/

Brent Oil now $120.... "Brent could push past $150....." Bank of America cakap we follow to Sapu lo...

https://youtu.be/_dgqyF9Rydo

Energy crisis in America lo

https://www.theedgemarkets.com/article/oil-lingers-near-twomonth-high-amid-global-supply-concerns

Remember ...... Hengyuan share price hits RM18 back in 2017/2018 when oil price was $60++

Now oil price is constantly trading above $100, what's the new target price? RM68??? =D

++++ Syndicate all showing up liao.... heng ah~ong ah~ huat ah~

HOOT9!!!!!!!!!!! LIMIT UP 3 times before July!!!!! =D

HOOT9!!!!!!!!!!! LIMIT UP!!!!! =D

SAPU C24!!! LIMIT UP SOON!!!! Brooommmmm!!!!

Syndicate buying gao gao!!! Hoot9!!!