Lets pray for stability

Of all the inv. banks, CIMB is most practical and fair to CW holders.

Posted by LeeFoundation > Mar 8, 2018 02:48 PM | Report Abuse

Mr OTB,

Thanks for your advice and call for all to wake up and stay calm on this panic session.

We will definitely buy in more HY and especially below 9.

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Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Mar 8, 2018 11:53 AM | Report Abuse

Posted by LeeFoundation > Mar 8, 2018 11:06 AM | Report Abuse

Ooi Teik Bee did the right thing and big investors sell much higher later next week

Posted by LeeFoundation > Mar 8, 2018 11:10 AM | Report Abuse

Our funds aim HY's TP to exceed 11.5 easily when things are more settled, both internally and externally.

Ans :
Dear LeeFoundation,

Please do us a favour, please eat up all the shares press down by other fund managers.
With your support, at least the price of Hengyuan will not drop to unfair level.

Thank you for your help.
Ooi

Aboveall :

Old man has sold 90% or about 7 m of hengyuan, profited about 35m. He might use part of the profit to quietly collect petron n support jaks. As far as before general election he will still active in market. But got to very careful on his shares, he is the most cunning fox man with no dignity in bursa !!!!
09/03/2018 09:35

Look like Petronm is gonna lead Hengyuan into the uptrend this round.......hehe

Do not support them as call warrant issuers are the ones now market making

They only ruin their own reputation as IBs

Election date to be announced during CNY ??

Election date to be announced during CNY ??

Petronm 熱烈欢迎妳的驾临。

Heheh

Let them get trapped, we wait

Those still veri stubborn one will get burnt again...........always the case

Star may clarify the error soon to mend the damage on its image ??

probability sifu, please write a BLOG on the calculation of the refining margins asap.........thanks

Buy buy and buy rare opportunity of dropping due to error from the Star

Whacking the CWs now that probability sifu corrected the Star paper d

Halite, good advice and tq

OTB and KYY aim to whack d

I dun agree with RHB lor. Still believe the dividend by Petronm will be higher than previous year.

stockraider DEAR PJSEOW,

LET RAIDER CORRECT SOME OF YOUR WRONG PERCEPTION LOH;

Posted by pjseow > Jan 12, 2018 04:33 PM | Report Abuse

Thanks raider for the write up on Petron by both RHB and Public Bank.
Although Petron and HY are like brother and sister , they are different .
Petron has 580 petrol stations which do petrol and diesel retailing plus mini markets . I am switching to Petron because of the following reasons .
1. Petron earnings in 2016 and 2017 is after paying taxes. Hence its
2018 earnings are more predictable . We also expect its Q4 earning to
be very high ( due to high crack spread plus inventory gain).
SAME AS HENGYUAN LOH...AS U MENTIONED HIGH GAIN COME FROM CRACK SPREAD AND INVENTORY GAIN, IF THAT IS THE CASE HENGYUAN WILL MUCH MORE COMPARE WITH PETRON BCOS IT IS A BIGGER AND MORE ADVANCE REFINERY THAT PRODUCE MUCH MORE AND CARRY MUCH MORE INVENTORY LOH...!!

2. There is no planned shutdown in 2018. SURPRISING ALL REFINERY NEED TO SHUTDOWN FOR SCHEDULE MAINTENANCE IN 2018, THIS INCLUDE PETRONAS, HENGYUAN AND PETRON TOO LOH....!!

3. The 580 petrol stations provide a stable and more predictable
earnings . If Q4 make a record earning like HY , then we expect total
eps for 2017 to be more than RM 160 . HENGYUAN HAS MORE THAN 1000 PETROL STATION OF SHELL, IT IS AN OEM TO SHELL MARKETING, BASICALLY SHOULD BENEFIT ON THE SAMETHING AS PETRON LOH...!!

4. Petron is debt free and in a net cash position.YES THIS RAIDER AGREE BUT ONCE PETRON EMBARK ON RM 6.4 BILLION REFINERY 60K BLD EXPANSION, ITS BALANCE SHEET WILL LOOK MUCH WEAKER THAN HENGYUAN LOH..!
4. PETRON was covered by RHB and Public bank . Both give a PE of 12 .
Assuming an estimated eps of RM 160 in 2018 , then its target price should be RM 19.2 . THere is an upside of RM 6.00 which represent an upside of 45 % . IF HENGYUAN PE OF 12X AND EPS 2018 IS RM 2.70, ITS TP WOULD BE RM 32.4 AN UPSIDE OF 90% LOH...!!
12/01/2018 17:17

Good wor

Surely strong up soon