27%-28% tax rate will be more safer, they will be a lot unallowable expenses.
PBT RM 800mil
PAT RM 576mil
EPS RM 1.92
P/E 8 (Petronm)
TP RM 15 (in 3 months maybe, but not now)
Uncertainty,
1.Brent oil price 61.39
2.Crack spread movement

Buy on weakness
Sell on nervous
Buy on opportunity
Sell on taking profit
No right or wrong
Result good doesn't mean good prospect.
T+3
Brent oil down 3%
Hoho.

Posted by Kesley Tan > Nov 29, 2017 04:42 PM | Report Abuse

this kind of ppl sell jor then talk crap lo. want to show off yourself sell at highest, bad intention. If you had some guts, after sell then leavel o

This is no point for me to show off, I did mention in my previous post I sell at RM 10.88. Plus I can easily buy back at current price.

As I say HOLD or DUMB is your decision. Relax la. I hope result will prove me wrong, still I making lot money from HY.

HOLD or DUMB on your call.
Better sell first and buyback after result out.
Let think, everyone give 130 sen EPS for Sep quarter(current share price RM 10.70)
If result release with 150c may tmr gap up to RM11.50
What if result release with only 60sen?

As I mention before, I had release all my HY at RM 10.88 2 weeks ago.

Don't chase high.
Result may not be good.

To be exact I summarize it,

Please note that all KLSE indexes are below 20 days EMA ,it means the market sentiment is super bearish.......

.........
.........

.....
I given out hope on KLSE.........

...............not recommend any stock from now on including HengYuan, Masteel, Petronm, Lionind and FPI.

I know cut loss is a bitter medicine to swallow, you have to do it to protect your capital.

Final decision is always yours.

Email from OTB,
mentioning KLSE indexs below 20 days EMA, and he had already given up hope on KLSE and recommend us to cut loss on Hengyuan, Masteel, Petron,Lionind and FPI if the price is below 200 days SMA to protect our capital.

Thank you OTB, as mention back in week ago I had already cut Hengyuan since RM 10.88, Petron RM 12.192.

Once again, mark yourself a reasonable TP, take profit.
HY might back to RM 9.00 level.

@WaAdaLui
Perhaps your may refer
http://www.petron.com/web/Media/uploads/11_16_17_-_SEC_Form_17-Q_(3rd_...

I exact figure from here,
I choose to HOLD.^^
Happy trading^^
TGIF

Wao, seems like best offer today.
See you guys in next year AGM ya.
I have no idea why all people panic selling, as I told before the company business as usual.
Vietnam deal is past tense.

I'm out from this counter^^
It seems very attractive due to low PE, attractive figure by analyst, buy call from OTB/KYY and etc.
Mark yourself a reasonable TP, take profit.
If you wish to hold please do study well about the company and the historical, unabsorbed business loss.
Inventory gain just an one off transaction.

TIME TO TAKE SOME PROFITS ON SOME ACTIVE OIL AND GAS STOCKS – FRED TAM

I heard that coming quarter may not be good, source say business as usual, and proposed listing their subsidiary still within their plan.

Prestar's business as normal, expected 8~9mil.
It is even better if prestar able to listing their subsi as soon as possible.