refining margin works opposite direction to oil price ma!!!

just a simple relative comparison in terms of EPS generation and PE multiples, hengyuan has much room to grow in comparison to petronm

strong closing. good work hengyuan

they need to show such profitability is sustainable, not by 1 or 2 super quarter profits. so that in the long term with such sustained profitability can yield positive FCF thereby reducing their high debt level

the main question is whether such refining margin is sustainable?? before u talk about PE rerating

Lii Hen will ride on improving US economic outlook.

@paperplane2016 u got buy Insas?

wake me up when it breaches 1.60...my average cost is 77 sen...so yes, Insas, it's been a while...its time for u to perform to ur true potential!

Net cash per share alone is RM1.86. I will repeat this over and over again.....

1.05, 1.06 or 1.08 all these values mean nothing to me....and bear in mind 1.60 is based on BV....not on market value of their investments. want to make money...think big

so many comments on Insas daily basis. tell me when the price breaches 1.60 which is their net-net value if the co goes for liquidation!

i guess as shareholders, we just have to enjoy the increased dividend payout. that's also with much certainty given the high cashflows from operations

long term value is defintely worth more than 4, with much certainty on that. unfortunately short term price performance is cap by KYY's selling pressure

between Hengyuan and Petronm. anyone willing to share the risks and benefits investing in them? which one is the more attractive option?

Read a lot of comments regarding the new venture. To me, i see it as neutral - minimal risk to their core business profitability and i dont expect to see meaningful contribution top and bottom line in the near future. Hold on to your shares just for the prospect of higher profitability from their furniture business, riding on improvement in the global economy and high demand for furniture.

anyone knows if KYY has finished selling Lii Hen?

any idea why TA keeps dropping

growth prospect no doubt looks interesting, but too many risks involved investing in this company. at current price, the risk outstrip the potential return.

yes, anyone can share the focus article pls

bought more @ 4.14

insas will ride on the upside potential in inari

Hope for it to break 1.20! That's the immediate target

this is a typical example of value trap as management does nothing to create value and there's lack of price catalyst. hidden value in this company is for everyone to see...its net cash per share is 40% more than the share price.

manipulating share price?

the question is...will it drop below the 1.36 private placement

1 day up 1 sen. takes 2 day to up 2 sen. and then another day to wipe off the 2 sen...

if u have been to evolve mall then u will know. its pretty much dead. so many better malls around...even paradigm mall is struggling

Ban of rubberwood would eliminate the problem of shortage of raw materials and lower the production cost too. Good news for Lii Hen

slow and steady, but surely...

With the burden of having KYY as shareholder eliminated, its time for Lii Hen to move up. to reflect its true intrinsic value

this hebeifortune cannot be trusted. he said the same thing bout Eversendai

lol up 1 sen...Leno is so excited...
i'll be happy if it reaches 1.60

u guys sure OTB is buying? KYY also?

good opportunity to collect
if u have long term in mind

If u want a power plant play,better buy MFCB.

i wonder how much can it go

This stock should valued at least 2.4 at a MINIMUM

Good show today. well done insas

Hi Contrarian, I'm already invested in FACB...to me, the downside is very limited...any potential upside is the "unknown bonus"...let's see how it goes, time will tell...

Posted by TheContrarian > Jun 12, 2017 10:35 AM | Report Abuse

How will Insas perform tomorrow? Will Insas fly? Will Insas crash? Que sera sera, whatever will be, will be. The future's not ours to see. What will be, will be.

Posted by TheContrarian > Jun 12, 2017 06:46 PM | Report Abuse

linges, I think will fly. If fly I will later explain why I said so.


Contrarian..such conviction, u have any insider info?

Say easier than done. I'm also good in theory.

i hope insas can break above 1.20 first

1.20 breaking soon?

it's net-net value at least 1.44

what's the immediate tp?

Net cash per share alone is RM1.86

nothing wrong with fundamentals, why u all so worried? in fact, the prospect is looking brighter...

sorry, i have made some mistakes in my earlier computation. assuming MFCB earnings for 2017 and beyond grows in line with GDP (which is the most conservative estimates as we know MFCB will record more profits due to the recognition of the construction profit), MFCB should valued at a minimum of 4.76. if we to recognise the potential earnings growth arising from the Don Sahong project then i think we should be talking about 5 and beyond. that's my opinion anyway.

BV Net Net
3QFY2017 BV Multiplier Value
Cash & cash equivalents 528,119 1 528,119
Marketable securities 400,725 1 400,725
Investment properties 185,716 1 185,716
Associate companies 298,340 1 298,340
Accounts receivable 417,684 0.75 313,263
Inventories 14,045 0.50 7,023
Total liabilities (672,472) 672,472
Net Net Working Capital 2,405,658
Shares outstanding 663,007
Net Net Working Capital/share 3.63
Net Tangible Asset 2.30

but bear in mind, my lower range of 4.20 did not take into account the potential re-rating of MFCB earnings multiple in view of the quality of its earnings (i.e. steady stream of income) coming from the Don Sahong project once it commences its operations in 2019