Have a good day. Need to cari nasi ketam merah to eat.
Wait for makcik to open shop.

Datokim, aboveall numbers are all make up in the air in his imaginary trip. Last time he was flying to Frankfurt and hy was randomly ranked 30000 in china and 1000 in shangdong.
Are you sure you verify all his post? or are you related?
So you cut on 26 of Mar?
26 of Mar price rose to 8.2 and you cut at 7.52?


Posted by Datokim > Apr 3, 2018 12:24 AM | Report Abuse
I did some checking on aboveall posting especially this and immediately talked to my partners and all agreed to cut loss and withdraw all buying @7.52...on the same day ! I think I did a very right move...i move the funds to collect puc n ucrest @below19 sen n below 28 sen respectively for few days.... and already disposed 100% puc n 90% ucrest...made a very very huge profits on the 2 counters !!!
I "think" HY might drop further !!! from my instinct, chances of technical rebound is less than 30%..
I suggest avoid it completely because the way HY dropping is very very very unusual !!

Posted by Aboveall > Mar 26, 2018 11:34 AM | Report Abuse

Munich is very cold this morning...advice to newbie, as far as I know in Bursa, major share holders registered in "Tax heaven islands" 90% end up tragedy. hengyuan major shareholder (MHIL) with a paid up US1.00 fall on this category......
be alert !!

Vincent Tang, good, you are improving compared to your last warning.

According to your link, crack spread is improving next 3 months woh?




>>Vincent Tang : American General In Syria Confirms US Forces Killed Hundreds Of Russians In Massive Battle.
美军炸死200俄军！普京誓言报复，全面战争一触即发
Be careful.

http://funnyanecdote.com/docZE9YZ3VJV0tveWM9/2810

http://www.thedrive.com/the-war-zone/19335/american-general-in-syria-c...

https://www.youtube.com/watch?v=o4DD60jjNAA<<<

sslee - I salute your tenacity.
You should involve in politics. Malaysia will be better if all politician are like you to fight for the rights of rakyat and the truth.

Personally I think your urging of 50 Hengyuan Shareholders to send in their Notices of Requisition has not caused people to sell but rather the opposite. You are truly an investor.

Please be prepared for getting nothing this year but at least to force the management to prepare a dividend policy when things are improving.
Bonus issue/share split is also a good option.

Hope we can meet one day and buy you a nice coffee :-)

Lol.I will back as chineseteaCup or applejuiceCup.
3iii. Have you got a database of comments? How can you copy message so quickly?
Miss the raider, he got the same skills.

qqq3, .
Don't you 'see' the obvious when I quote it?

Do you want a proper challenge?

Next Friday if it drop below this price I disappear. If not you disappear and come back as your other accounts :-)
Brave?
No worries if you don't.


qqq3 d by coffeecup > Mar 30, 2018 04:31 PM | Report Abuse

Really sell at 7.49?. Let's see
==========

ok lets see....I know it is a brave call....I love brave calls.
30/03/2018 16:33

Whale from the west detected..

Lol paktua. One less pondan

Joekit are you ok? How come I am in the list?

Really sell at 7.49?. Let's see

Last night US tech stock reverse the trend ending a few days losing streak. This is likely to spread to Asia particularly Hong Kong which comprises of many technology stock. It brings a sigh of relief for those who have invested heavily in technology stocks. It has nearly breached the psychology point of 30000.

Market will close in several major market including Hong Kong due to Good Friday and Easter. For these country, it is a major event for Christian and Catholic to remember the death and resurrection of Jesus Christ.

For others, it is a time for a rest, away from the market and start their spring holiday and have a good time with their family.

Spring is a season for hope when flowers and nature spring into life.

For Malaysia, people are eager to wait for the announcement of the dissolve of parliament. Some fill with fear of change while other hope this may spring a new life to the politics.


Is it a time for HY to gostan to arctic?

Whatever the outcome, may I take this opportunity to great all of you a Happy Easter.

I was there when Kesm below rm3 few years ago when PE was low. Take a lot of patience to wait until current price. Unfortunately these days people like to earn quick money. No right or wrong. Just need to be careful and not overconfident and put all eggs in one basket.

Yesterday, market was taken a hit after sell off started from US particularly nasdaq. This was later spread to Hong Kong hang seng.
There are two reasons for the sell off. First the data scandal happened in Facebook was later spread to Twitter and the FANG stocks.

This was not helped by nvidia that decided to stop the self driven car test.

Hong Kong stocks also fell sharply on Wednesday, after a steep sell-off in technology shares pulled US equities down on Tuesday and as Washington was reported to be considering a crackdown on Chinese investment in “sensitive” US technologies. This is a double whammy for Hong Kong which invest heavily in technology and financial services.

Does that have any impact to KLCI or particularly Heng Yuan short and long term? I let you decide.
Let's not panic by merely looking at index number or percentage without understanding the underlying problem.

Have a good day!

My coffee machine is ready for another round of espresso :-)

Currently not much advantage because it produce mainly for local. If it start exporting to china and other area, it has advantage compare to middle east for e.g. The geographic location is also very safe from typhoons, hurricane in comparison to other places.

It is near the port means transport in and out also has an edge advantage.
Do you think this is positive?


>>>Ricky Yeo Economic moat tied to the location of the asset is considered as asset based moat. Example, if you setup a site near the quarry, you have a 'monopoly' in that location, because the quarry 500km is not going to be able to compete with you by stealing the business nearby. Limestone is heavy. But calling it moat will be misleading, at best, perhaps, competitive advantage.

For oil refining, to turn that into a location based advantage, there must be some form of lower cost that no one has access elsewhere. Lower cost can come along anywhere on the value chain. But is there really a moat? Far from it. Advantage? Maybe. I don't know.

Dear OTB,

We don't want another optimus case. We know which one is telling lies.

Dear qqq3
No need to argue with OTB, time will tell whether his method is good and he is genuine.

I know some of you are using fear, unrealistic hope , hatre and others foolishness as tool. That is not a good way to win a stock. You can earn a lot but when you spend it, not sure whether you have peace.

No one can 100% win. Even you can win the world, you cannot help but die one day.
Save your energy. Hatre makes your blood boil and not good for your health.

Use your energy help the poor, sick and those that are in needs is better than defending unprofessiona and unfoundedl attack.
In the bullish trend, all will praise you. When market turn sour, people forget what you did and only blame you.
It is down to their selfishness and the view of money.
Money can split family even close relatives.

All shark +hantu in full force again.
A lot bought yesterday for short contra. Dipping a bit is usual. Djia break the record, 3rd biggest gain in history. Most asia stock rebound.

Remember one more warrant this week expire and average price taken from 5 days, though price should be safe. Next week should look brighter.

Guys no need to fight with Otb. Both also make some mistake and prediction. Why not work together and post something useful here.

Otb make a lot of good article and recommend lots of good stock but we need to take our responsibility to make our choice too.

Anyway, let's see afternoon show and watch closely near Friday ;-)

Warrant- money turn into paper. Muda- paper turn into money. Which one better?

Don't get too carried away by the rebound, and don't be disappointed when there is drop, set your eyes in 3 years. Price will fluctuate for sure, that is part of the puzzle in investment in long term.
At the moment it is still small cap. I am looking forward for it to become mid cap.

If you follow TA, remember, everyone is reading the same chart. You need to read ahead of them.
The moment when your heart try to ask you to sell, that is the time it will rebound,sounds familiar.
As I said before don't compare two quarters. Cannot use one Durian season (Mexico shutdown) to compare with non seasonal period. For refinery, some of their cycle is 12 years. Some investment in the beginning then after that maintenance. A bit like buying a new car. If you buy a new car and sell it next year, sure lose a lot of value. You need to drive as long as possible to coup back the initial cost.
Hy is in its first year for renewing the facilities. That is why they need a loan to upgrade. After that, money will flow in.

Now think and research why I quote 3 years? 2020.....connect the dots.......

CEO apologies for 2 cent. I asked for 20 cents but he gave 40 cents.

Who like the lucky number 888? Strong hand can make it ?

>>>coffeecup Which uncle auntie dare dare buy , post here. CEO said no dividend but will give dividend in the form of share price. 20 cent ok?
26/03/2018 15:25

Today price close at 8.20. After 3 hours.
I posted it one hour earlier before market close but deleted it by accident.
Anyway, good day.

>>>coffeecup Just for my reference 7.51 26/03/2018. I want to come back after 3 years and see.
26/03/2018 14:35

Which uncle auntie dare dare buy , post here. CEO said no dividend but will give dividend in the form of share price. 20 cent ok?

It is about sentiment, no one look at crack spread. If they look at hy value, it should not be this dirt cheap price

If you follow auntie theory, yes they will wait for cheaper price. But when auntie see price up, all auntie will go out in full force, don't under estimate auntie power. They are like ikan bilis but when they gather together, they can scare the shit out of the shark. They only got problem when they panic and spread.

Don't worry. Green and red I am also here. Other stock I buy quietly because not many fake news in those forum so I don't post.

Every stock is a new lesson. You may fail this time but you learn to be more clever (especially those newbies). Just make sure don't borrow money to play. If you start losing sleep, then not a good sign. Make sure look after family first!

Just for my reference 7.51 26/03/2018. I want to come back after 3 years and see.

But when market ok, trump all pornstar coming out. Then he make another crazy tweet - sanction Iran. Cannot predict too much

Asia market stabilising with nikkei rebounding. Djia most likely green with Europe futures up.

PureBull no longer pure or PureBull turned into PureBear. Let's discuss why they were two market sell down.

1. Interest rate hike is a bit like effect that Quantitative easing tapering took recent years. Market were addicted to the large amount of free money to pump up from central governments buying up toxic shares. People is also addicted to long term of low interest rate. The upside is mortgage is cheaper. Downside is your salary remain stagnant while inflation is biting in.

The rise may cause a short term stir in market. However positive interest rate rise is actually a good sign of economy recovery. Believe or not, bank is actually benefit from this. Can you connect the dots? Loan? It has to do it while unemployment is low because people can afford jobs and pay back the loan. So a good sign overall.

2. Market was spoofed by Facebook data protection issue fearing another dotcom bubble.
But this is overblown - last dotcom was started by the pets.com. Facebook is nothing like pets.com. It has whatsapp, messenger, social network, large amount of advert, apps and lot more diversified product. Will it crash, may be short moment? Will everyone stop using WhatsApp and facebook? I don't think so. Facebook is the internet for new generation.

3. Trade war- Do you know how much damage to China for the recent target 1,300 product that US plan impose on them? 0.1-0.25% GDP. That is like a mosquito bite, not a war considering there is some period when they can discuss before it is implemented.

Even they implement it, it will cost more for them to control. May be you will notice a lot of the product these days is made in china and packaging in X country. Just look at ebay you will see a lot of company with local address but they source their product somewhere. It's a bit like layering in the money laundering! China will gradually become the biggest consumer and like it or not, it will overtake US. They will transact good between other countries in the Belt road like India, Myanmar and etc. From these countries, it will go into US.

guys, don't flag people unnecessary.
Promoter and naysayer have their points.
Let's have a healthy discussion.
Only flag those that just say few words like run...and with only few posts.

If you know chinese, they are around the world including malaysia. They want to do business. Even they are treated with unfairness, they always have a way to come around it. China have to confront with US, otherwise will show weakness. But they do it with less proportion because they want business.

I think after the initial stage of tit for tat, they will come to table and dicuss the concession. Trump tactic is always go for the highest, unexpected, unusual number. A good tactic from a business man. You always quote higher if you want to sell the price you want.
You always quote lower if you want to buy the price you want.

After the panic is gone, then look for bargain for good fundamental shares that has nothing to do with the trade war.

Have a good day.

Abovell, you don't have private jet? or your flight don't have wifi or perhaps in economy class?
Better google it before you create fake news, at least it is more convincing.

SHPC is producing EURO 6 . Yes 6!

Euro 5 - they have done this years ago. They have the expertise to help shell Malaysia with lower cost conversion. They are doing knowledge transfer to HRC here. Have you attended the AGM 2016?

The following is extract from Annual report 2016.

"Shandong Hengyuan Petrochemical Company Limited SHPC, incorporated in 1997, operates an independent oil refinery in Linyi County situated in the Shandong Province. Ranked No. 7 among refining companies in that province, it has a production capacity of 12 million tons per year. SHPC manufactures petrochemicals (including Euro 5 grade diesel) as well as develops, produces, processes and markets diesel oil, liquid gas, propylene, propane, polypropylene, tert-butyl alcohol, oil slurry, asphalt, tert-pentene, ethybenzene and other petroleum related products. SHPC intends to add value to HRC by offering its commercial expertise and technical capabilities in refining, to enhance HRC’s business sustainability, profitability and growth over the long-term. "

http://hengyuanrefining.listedcompany.com/newsroom/HRC_AR2016_pg_1-39_part_1.pdf


Your ranking top 30000 come from where? a finger in the air where your aeroplane is?



If you want stable dividend and share price, HRC is not for you.
It is currently under serious investment to prevent further shutdown 2018. Once this is all in place, then they will give out dividend. Is this a weakness? Yes if you are here for short term. No if you are investor, as we know management can manage the finance well.
The shares up/down already can wipe off or compensate depends on direction for the dividend.




>>>Aboveall To all newbie, you are lucky my flight to Frankfurt is delayed so let me give more info, don't listen to sifu here, all got own agenda...I hav been giving out warning on Iwc , Jaks, csl on many occasions. Hengyuan is a very small company in China, may be top 30000 also not in the list ! May b top 1000 in shangdong, it has a very small out of date refinery in shangdong, about 1/3 the size of shell PD ! Dutch Shell had helped them to produce euro 5 diesel, later they request shell to transfer the know how to produce the euro 5 but their refinery is not easy to upgrade, instead Dutch offer them to take over PD shell with condition shell will transfer the euro 5 know how.........later you will see the huge transfer of euro 5 technology from shell to henguan costing billions of ringget ...euro 5 technology only few EEC countries can produce... even US can't match them !
24/03/2018 20:33<<<<<

old man forgot to pay his bill. He also forgot many promise he had made. Can't fault him at his age. Most people like his age already 'sleep' and yet uncle still want to be the part of the BOD. What a fighter! Although many things he says may not be right, I hope malaysia keep the free speech whether it is good or bad and let the people judge.

Is KYY blog suspended?
http://www.koonyewyin.com/cgi-sys/suspendedpage.cgi' target='_blank'>http://www.koonyewyin.com/cgi-sys/suspendedpage.cgi

I don't think so if you following this link
http://www.koonyewyin.com

I don't own any jaks and personally I don't follow KYY and not a fan of him.
However I saw this misleading post, so I post it here to help you.

Some info in the letter is well know fact that is in page 16 and 18 of the recent quarter report.


http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=199650&name=EA_FR_ATTACHMENTS



3iii>>> Letter from Hengyuan Corporate Affairs Department:

1. Q3 2017 was an unforeseen and exceptional quarter for various reasons.

2. Significant capital investments to stay competitive and to fulfil regulatory requirements.

3. A cyclical statutory turnaround in August 2018.

4. The board did a solvency test before approving 0.02 sen per share dividends.

Why do they need to ask any analyst to give them a rating? They have lots of big project going on and already have enough funding and no need to borrow from other institutions by issuing right issue.

Btw, 30 virgin island account (taxman watching, imdb? , lol) is nothing unless you are talking about trillion. Have you seen how gold is marked and store in vault?

Chinese saying never see big snake peeing..
Moreover, having account in virgin island doesn't mean you are good investor.

Even humble Warren also make mistakes.

Why government institution not buying hy? They sold so cheap to hy and buy back few times
higher a year later, will they want to become laughing stock? Of course government also need money for election and pay debt

One thing to remember, 3 major banks has a big loan to them recently. Not a small amount. Do you think they don't have access to their business plan? When there is a bank analsyt report, most likely they already bought the shares and distribute to you with sky high tp

1. Shell not only sell their asset in malaysia, they need to sell 40bn asset to pay off the 70bn debt. Just Google shell sell asset. I know this because I own shell shares.

2. No institution holder? Since hrc onboard and added to msci index, a long list of world largest ib and asset management are on the list.

3. Why Hengyuan do not have a single foreign funds apart from few Sporean who actually Dutch staying in spore. ?
Assuming aboveall is not a newbie and have a Bloomberg terminal, factory or access to some investment tools - he should know a long list of shareholder list . Or may be aboveall only read i3? Or you mean manager instead of fund?



4. They are public analyst report by Morningstar that handle 200billion of funds. They should be in house analyst report provided asset management company that is propriety and only available to their portfolio managers. Aboveall, assuming you are not newbie, should have some access?

So advice to newbie, don't trust anyone in this forum. Do some reading and verify claims including what I say.



Posted by Aboveall > Mar 24, 2018 02:52 PM | Report Abuse

This is for newbie not for season players here.
Take a deep breath n think slowly n wisely on the following question before taking your next action.if you got reasonable answers on all the question then take your move but if some answer in doubt then move to other counter.
1) why the Dutch Shell sold off in such dirt cheap price weeks after 800 million upgrading.
For those who dont aware, few very senior officers resigned from shell pd after upgrading n new contractors was called to rectify some tecnical issue....
2)Why Hengyuan do not have a single institiut share holders. Last 2 institiut share holder were amanahraya n epf but epf dump out 2 ~ 3 in open market follow by amanah dump all below 8.
3) Why Hengyuan do not have a single foreign funds apart from few Sporean who actually Dutch staying in spore.
4)Why till today Hengyuan still do not invite a single IB share anaylst for briefing. So far you read want are from kyy,otb,stockraider lah etc etc but all are write up only. Write up mean only benefit ownself.
If you got good reasonable answer on at least 2 of the above question then worth while to relook into henguan.....if not.......chow tak fai hoh sei kai !

Oil price continue to rise due to Saudi push for extension of production curb till 2019.
Oil was also bolstered by news that U.S.

President Donald Trump had named John Bolton as his National Security Adviser.
The former UN ambassador is known for his calls to use military force against North Korea and Iran.

Whenever more bad/scandal news for trump coming up, he may announce something that is unexpected, like military action to cover his news.

The market is still worrying about the effect of the trade war between China and US. So far China has shown targeted response like bee sting accuputure.

There is still a period of few weeks before the tariff is imposed. US always has time to revert some of their decision if they find some collaboration from China.

Surprisingly, Malaysia market is less affected in comparison to the rest.

May be when both countries are in trade war, Malaysia as the middle man, can be benefit by export more to US and China.
We may also attracted investment from Chinese and US to circumvent the tariffs.

What shall investor do? Isn't that normal when people should sell when price is high and buy when it is low. It is easy said than done, unfortunately most are doing the opposite!!

Today on my way to work in train, there is a very beautiful women standing 2 meters from me. We exchange eye contacts and she feel shy. My heart was pumping. Eager to look for her name on her star buck 'coffeecup' to start a conversation, to my dismay, her name is John. The journeys goes on. Relax, sometimes our hope turn sour, but as long as you are still carry on, who knows the next time I may find out John was the person who serve her the coffee.

Calm down. This is the buying opportunity for many shares (warning don't put all in and play margin) It is war between China and US. Malaysia should benefit from this.

Time to exercise Warren Buffett advice.

Today drop is affected by the global concern of tariff targeted by Trump towards China. One of the quiet move that China has prepared for that is gradually open up more trading opportunity for foreigners such as insurance, security and oil future. Shandong parent company will gradually turned into trading of oil while hengyuan malaysia will provide refinery. Instead of relying on US and foreign oil futures that are traded in USD, they are now in charge of how to source and sell the oil. A very wise move when they are becoming the top oil consumer in next two decades.
Short term will see uncertainty due to trade war concern,
long term you will see a full picture how hy can benefit from this.

Watch this space.

Warrant is one kind of options. Sometimes a long and short warrant can be purchase to perform long straddle to benefit from volatility of shares. Some of the combination may cause unlimited lost. Options is very complex beast and most options trader including IB can lose a lot of money if not hedge properly.
In time of market crash, most of the warrant become paper because time is the killing machine (expiry date)

I only see few people here like rchi know how to play but I am sure his hand is full of burning scar.

Never buy warrant.. Money turned into Paper

Warrant expire. Time to collect coffee bean

Just study recent bp report, next 20 years Asia countries particularmy China will overtake U.S. as biggest consumer of oil. Heng Yuan will be in the good position at these golden decades to reap this benefit. After 2040, it will peak and oil will be gradually overtaken by renewable energy.
Moat people consider 12 days too long, let alone 12 months and 12 years ( a full cycle ).
Just ask yourself what type of car you will buy today if your main car has broken down? Electric? Long way to go...
Until public transport is sorted, more car will be on the road.

Btw, I also study shell and bp in detail. I understand why shell sold to hrc. Their debt is too high and cannot afford to upgrade the facilities. They also have to cut cost significantly due to most contract were signed when oil was above 90.

As more regulation kick in, more smaller refinery (tea pot) may go bust. Only those who able to spend to upgrade, maintain and produce cleaner fuel will survive. How many players are there in this region?

Have a good day

Very good sharing, 3iii. 3iii mind to share few stocks that meet your criteria?

We come here to make money. If want to chit chat non stop and come to my kopi tiam.
Hatred can make your blood boil and not sleep well. Use the energy to pick the next stock, if you win 6 out of 10 stocks, still a win, just forget the 4 that you made the wrong choice
Let's fam give your her recipe of being healthy.

Tomorrow one warrant expired. Current price still in safe range. Next week one more. Look at who issue them ;-). Bullrun may be work for them?

Dear Sir/madam 3iii and probability. Forget the pass and look forward.
No need to dig old news (very tiring for yourself as well as the reader). Anyone can make mistakes or else we won't be here. Just share what's going forward. Picking few comments in the past is just like quarrel between husband and wife digging old problem. Surely husband and wife had their own mistakes. Make love not enemy :-)
Both of you have made some great analysis and sharing. Very much appreciated and keep them going.

How many times Jesse bankrupt and how he ends? Stubborn = Ego -> kills.
Sometimes man with principle can be misunderstood as stubborn. Very fine line ..
Always good sharing pure Bull!
I don't know S ... any hint.

https://www.cnbc.com/2018/03/20/reuters-america-update-8-oil-rises-to-3-wk-high-on-mideast-tensions-venezuela-concerns.html