Yes agree , the company use PP for expansion but share price and that makes them debtless oil and gas explorer .. fairly PE 15 should be good enough . PB eps projection 2018 is 0.19 .. easily it’s price TP is 2.50 above ...

I personally see no blockage at any price at least till 0.90 .normal sell q volume only .. buying still prevailing ..

My target TP of 15 is achieved, base on eps 3bucks .. I think i would revise to eps 3.50.. average crack spread was highest last 3 months and pretty stable... so conservative TP 17.50 by this Friday. All using PE 5..More interested, to look at their next QR cash flow .:. If they really can do the upgrade using the cash in hand , and crack spread above 8 usd and oil price above 60 bucks then can challenge PE 10 -15 ... don’t sell as long as the fundamental of refinery outlook is stable ...

Anyway , hengyuan looks like going towards rm 18... don’t sell yet ..

Last time , my broker from cimb said , no need pay tax lor... so never pay till now.. but foreign shares capital gain I think need to pay ...

Hope closing 0.90 above by Friday ... the buying momentum still there ..

Very sure , the TP is reasonable , after next q result , Pb will revised TP.. with current oil and gas outlook , it may shoot up above 1.50...

Yeah , you can q 10 cents also ..good luck ...

Very less sellers, let complete this end of years with Rm 16.00 HENG yuan .. and start a wonderful 2018.

Good closing indeed.

Once you are few hundred percent gain , all this 5% correction is Meaningless ..: let the conservative trader go away by selleing and the true buy and hold investor gain ...this is wonderful stocks ...

Don’t cut the golden goose esrly. This stock going to be every fund manager picks for energy sector. Keep holding ... can see the 0:85 is a new support forming ..

I believe after holiday season is going to go up .. strong resistance build up above 80 cents .

I need warrants to buy...

The more selling pressure and rebound from it will make the price strength stronger ... and it will be easier to push up above 15..

Actually growth of eps is definetly good but rerate the PE aided by the stability of Eps , net cash and dividend yield ... if all that can be achieved in 2-3 years , PE 30-40 also not problem. Currently owe can categorize HRC as turnaround , next is expansion which will Euro4m, then start paying dividend , become blue chip ...

U.S. crude stockpiles fell by 6.5 million barrels in the week ended Dec. 15. Analysts surveyed by The Wall Street Journal had forecast, on average, a decline of 3.2 million barrels. A 1.2 million barrel rise in gasoline inventories may have contributed to the lackluster tone, analysts said. Analysts had forecast a 1.1 million barrel rise.

Can add capacity but expensive. Many will shy away to build extra capacity rather improve efficiency.Besides that only complex type of refineries would be viable in future. In that case no of refineries will decline. The refined crack spread will go up since less capability to produce refinery.

There is many challenges for renewable/clan energy to take over refined product, and definitely till 2020 refined crude oil and gas plays major role in industry and maintaining the energy in the world.

Good sharing on outlook of demand.

Perhaps give way for Warrant then PP..

The media, especially business media, does not exist to help you become better at something, like investing. They don’t have your profit motive in mind. Their incentives like in selling advertising. So the more sensational they make stuff, the more you will watch them, and the greater price they can command for their advertising slots

The edge don’t know how to derive where is the gain coming from then still want to write article ...

A bit laggard in terms of volume ... stay vested

Consolidating above 14 altready, will make it a support and 15 is a resistance ..

Good entry and don’t sell, trade the warrants man

This multibagger stocks , keep it .. don’t sell the mother share , trade warrants if you want

http://www.bbc.com/news/world-middle-east-42412729

The edge article is neutral with upside bias to hengyuan and PETRON start to drop

In the final analysis, it may be justified that Hengyuan is valued at a discount to Petron. However, the discount may be a little deep at the moment, approaching the low single digits. Barring unforeseen circumstances, Hengyuan could be considered Petron’s cheaper peer.

Good day , Market was super bull in US and rest of the world. Hope the force be with hengyuan

The beauty of hibiscus as oil and gas company is due to low oil price expansions. They are guided doing business in this price environment unlike those others the titans of oil and gas , believed so much in oil 100usd and wil be going up and did massive expansions. Sad to see many of my friends retrenched by certain oil and gas company, and they forced to join manufacturing line.

Ability to hold the stock is depending on the ability of going through the volatility with confidence . HENG yuan was volatile with uptrend , so anyone hold since that day , would be tempted to sell any at current price ... rough sea make a good sailor

Fundamental never change what, why bother selling .,

New institution funds emerging izzit ? All the resistance Koyak like sap sap sui only ..

What take profit and run .? Only do this if you day trader ... investors run only if there is fundamental changes..

Water cut problem is significantly common in oil field. It’ may occur at anytime during drilling. Today’s technology can easily solve this. These report maybe even from untruster source...

No problem for bisbiscus to break those resistance ..: it broke the 45 cents , 69cents and 75 cents resistance ... more to come.. as long as no fundamental change in oil and gas outlook and hibiscus then accumulate on weakness ..

Does not work like that , full capacity and then would be optimization of the capacity utilization , earnings stability would even fetch higher price because investors willing to pay for stability of earnings..

unbelievably break above Rm 13..: hope this is breakout and consolidation above 13.

Refined product is consumer goods. Like food for human energy ,refined products is energy for industry to function.:

All social media platform is product of freedom of speech.Anyone can say anything they want yield from their experiences. Its up to the reader to filter the opinions and ideas presented. We must develop the skill and tools to verify and validate. Been in i3 for many years, its a great one indeed....

I would say we must have a few type of Portfolio:-
Value investing portfolio
Dividend Portfolio
Growth Prospect portfolio

The risks is always there for Growth prospect stocks pick, normally these shares have inconsistent earnings. We invest in this type of stocks base on our growth story, like someone mentioned about AI. Its a higher risks, but at least you convince yourself to hold on to this business sense you produce. To invest in growth type stocks, you need the sense same like, how Musk sees his Tesla, or Sundar looks at Alphabet, Cook looks at Apple.

Good closing actually , close at the resistance ... a lot of buyer wan to collect at 0.82...

Good closing

Actually there is a lot of interest from buyer side .. just that they want to collect Lower... it will explode if all goes well ..

HENGyuan narrowing the gap between PETRON already .. matter of time to lead ...

Hengyuan doing iexceptionally well , 15 days more to start forecasting the next eps .

0.81 to o.825 is a good range to buy... it’s good that technically the orice challenge support a few times.. hold and accumulate ..

Yes probability , thanks ..:

Yes IMO 2020 is huge especially for complex refiners
https://www.woodmac.com/press-releases/imo-2020-regulation-shippers-us$60-billion-year/

Whoever you are sir , hengyuan PE is low and it’s good start to buy during the dip and keep long term ..: not particularly interested Gkent, but I prefer Sendai as it’s seems turnaround to profit .. would like to introduce hibiscus petroleum .. like air Asia but with oil price going up will eat in their margin ... wish you happy trading ..