Up people scared, Down also scared. Alamak. Just buy , now cheap. 1 Billion profit mah, sifu said, but he already run away when he should be asking subscribers to buy now instead of when the price was RM7 that he kept asking people to buy. Longkang Sifu, many masuk longkang because of him.. you all know who lah.
Aiya, enough with this old man lah, many said what he writes has influence on the direction of price, the fact is he is nobody lah, just a senile old man that doesn't know what he said or written yesterday. That's why all the conflicting articles. Make sense boh
Old man probably feels good when he get all these negative comments. I have said many times, despite all negative or sometimes abusive comments from everyone, he still likes to write. I guess he doesn't read comments from the community, still thinking people enjoy reading his articles. haha
Price down those that already exited talk rubbish, price up then you will see CharlesT talk good about Petron. I think Petron looks safer than HengYuan based on past result. Consistency is there. Heng Yuan is more of a Casino Stock, next quarter might do well or better than Petron, but Heng Yuan is always a Casino stock to me. Only for Gamler
Don't gamble with your money. Q1 everyone thought 300 PAT, ended up 400 derivative loss and inventory write down 130K, 40 PAT nia. High Crack yes everyone know will translate to high margin. What everyone not sure is if Derivative loss will be 800,900 or 100 or ...... will there be another inventory write down ? This is a Casino stock brother and sister
Nobody is doubting refinery can make money. The doubt is whether Heng Yuan can make money in Q2 or there will be higher derivative loss, nobody knows and it is a gamble. If there is no doubt about that, it would be already higher than where it is now. Correct or not ?
Maybe instead of everyday arguing if Heng Yuan will die or survive, perhaps we can discuss what other counters can invest in next 6 months and make money when everyone is no so nervous. Perhaps, can start with you Moneymaker . Boring lah if all you have is shouting $3 everyday and nothing else from you
People that keep posting positive news about refinery would obviously have invested. What about others that keep shouting $3 . I wonder what would they gain if price actually goes down to this level. So free everyday come here type something. lol .
I also want to see Heng Yuan to make good profit in Q2. On one hand think high crack will logically translate to high profit, but if I see past performance, it seems like there is no correlation. in Q3 and Q4 2020 Crack between 2.362 and 3.513, Net Profit was 154 M and 171 M , better than recent quarter. Then from then on , Crack continues to rise and Net Profit was Yo Yo up and down , Q2 and Q3 21 even make a loss with crack higher than H2 2020. And now Q1 22 where crack is between 12 to 21, only make net profit of 42 Million nia, with derivative loss of 400+ million, macam HY team don't know how to do hedging. It seems like there is no correlation at all between high crack and net profit of HY.