Hu-ah huhu!

Breakout already. Sure will hit $15 before end of this year.

Philippines Petron and Petron Malaysia. 9.53x PER vs 8.47x PER

https://www.marketwatch.com/investing/stock/pcor?countrycode=ph
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=3042

Pilipinas Shell and Hengyuan Malaysia. 12.62x PER vs 4.64x PER

https://www.marketwatch.com/investing/stock/shlph?countrycode=ph
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4324

Chinese fund manager : "Where can you find a refinery stock with such low PER?"

Push up by chinese funds. Second-wave!

Up $0.20 already. Good!

Don't peep! Just read.

Hengyuan: When to Buy And When to Sell? Koon Yew Yin
https://klse.i3investor.com/blogs/koonyewyinblog/142353.jsp

Philippines Petron and Petron Malaysia. 9.53x PER vs 8.47x PER

https://www.marketwatch.com/investing/stock/pcor?countrycode=ph
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=3042

Pilipinas Shell and Hengyuan Malaysia. 12.62x PER vs 4.64x PER

https://www.marketwatch.com/investing/stock/shlph?countrycode=ph
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4324

Always look at its value, rather than its price.

(a) Uptrend - Yes.
(b) High TP - Yes.
(c) Low PE - Yes.
(d) Good earnings ahead - Yes.
(e) Good cash flow - Yes.

Based on PER, HENGYUAN still has huge potential to go up. Where can you find an uptrend stock with such low PER?

HENGYUAN is the hottest stock in the town. So they think here is the best place to promote their loss-making stocks.

But I must say this is very childish. Go to read some investing books if you want to win, NOT talk nonsense here!

Good already. 9% also not bad, kcchong sifu more like defensive investor. Pay some respect, John Lu.

Philippines Petron and Petron Malaysia. 9.53x PER vs 8.47x PER

https://www.marketwatch.com/investing/stock/pcor?countrycode=ph
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=3042

Pilipinas Shell and Hengyuan Malaysia. 12.62x PER vs 4.64x PER

https://www.marketwatch.com/investing/stock/shlph?countrycode=ph
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4324

Bitcoin drops below $14000.
https://www.cnbc.com/quotes/?symbol=BTC.CB%3D

Where can you find a fund which gives you 8.25% interest annually.

https://www.nst.com.my/business/2017/12/317218/pnb-announces-7sen-and-2-additional-bonus-dividends-asb-unit-holders

As a spectator, unless there are some positive news on SAPNRG. If not, it will go lower.

Here is the latest crack spread. Looks like better than 3rd 2017.

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=D1N&title=DEC_2017_Singapore_Mogas_92_Unleaded_%28Platts%29_Brent_Crack_Spread_&type=p&venue=0&monthYear=Z7&year=2017&exchangeCode=XNYM

Hengyuan: Detailed Explanation of Its Profit Margin or Crack Spread - Koon Yew Yin
http://klse.i3investor.com/blogs/koonyewyinblog/142225.jsp

Nevermind. I let you sell. You let me pokai.

Posted by Fabien Extraordinaire > Dec 22, 2017 10:10 AM | Report Abuse

From KYY - As I said in one of my articles that I would buy Hengyuan until I have exhausted all my funds. Hengyuan is a major part of my investment and I am not selling now. I want to see its full year result announcement before end of February 2018.

Read the line carefully especially the last sentence.

I don't care what cipet you say. I buy with confidence.

Posted by ESPESP > Dec 22, 2017 10:11 AM | Report Abuse

Does this mean KYY is out of fund?
hahaha.

As i said. I will wait for correction over and buy back at RM12

You should look at its value rather than its price. You should not buy if you can find another uptrend stock with such low PER, 4.6 ONLY.

I just want to say good earnings ahead. It's good to flush out these weak holders and let potential long term investors buy in.

Can you find another share with such good quality selling at such low P/E? My answer is CANNOT.

HENGYUAN is the ONLY one which passed my stock selection criteria.

Five criteria for undervalued stock selection =

(a) Uptrend - Yes.
(b) High TP - Yes.
(c) Low PE - Yes.
(d) Good earnings ahead - Yes.
(e) Good cash flow - Yes.

Posted by yewyin33 > Dec 21, 2017 09:11 PM | Report Abuse

Hengyuan's 1st half year EPS was Rm 1.20, 3rd Q was Rm 1.21 and 4th Q ending Dec will be just as good, if not better than its 3rd Q. Its full-year EPS will be more than Rm 3.60.

Can you find another share with such good quality selling at such low P/E?

As you know, it has been going up every day in the last 8 days and the correction today is so mild which is an indication that only small weak holders and short time day traders are selling.

I believe it will continue to go up. I do not need you to buy to push up the price because you do not have so much money. Based on the daily volume, institutional investors are buying aggressively to make me richer. Koon Yew Yin

Show profits first, then l buy in. I guess many people also think like that.

Limit down again. Good luck to you, Orlando.

Lau333, thanks for sharing your view.

Posted by Lau333 > Dec 20, 2017 01:12 PM | Report Abuse

I took notice that this article from the Theedge weekly was referred to many times..
http://www.theedgemarkets.com/article/analysing-hengyuans-discount-pet...

I wish to highlight that wrong information was provided. On forex, Hengyuan actually posted forex gain (instead of losses per article).Theedge weekly subsequently posted a correction notice ( printed circulation) the following week at pg 12.

Quoted “ it should have read “a RM 67.3 million realised forex gain and a RM 17.8 million unrealised forex loss’. The error is regretted.”

Also quoted from same article...

Quoted, “Adding to the forex conundrum is the fact that the bulk of Hengyuan’s debt is denominated in US dollars — two separate term loans of US$350 million, some US$200 million of which has to be repaid (or refinanced) by 2022 while the balance will be run until 2024.”

Refer to Note A17 of the 3rd quarter report, "...Following the change of its functional currency from Ringgit Malaysia to the US Dollar, the Company's exposure to foreign currencies is now limited to financial assets and liabilities that are denominated in currencies other than the US Dollar. The USD denominated term loans are no longer exposed to foreign currency fluctuations."

In my view, with the change of functional currency any gain or loss will be captured under the comprehensive income, hence US denominated debts is no longer susceptible to forex volatility.

Good results. Pohuat almost flat for 2 years. I think wrong theme to play.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7088

Pilipinas Shell trading at 12.74x PE now vs HENGYUAN 4.63x PE.

https://www.marketwatch.com/investing/stock/shlph?countrycode=ph
https://www.marketwatch.com/investing/stock/hengyuan?countrycode=my

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD
Dec 20, 2017 02:32 PM | Report Abuse

REMEMBER SHELL PHILIPINE PE 12X....THUS IF HENGYUAN BASED ON PE 12X WILL EXCEED RM 40.00 PER SHARE LOH....!!

Posted by HENGYUAN @RM21 CONFIRM COMING > Dec 20, 2017 02:29 PM | Report Abuse

Yeah, if RM30 next yr end, world champion.

Next time you want to panic sell, simply ask yourself a question before take action. Is HENGYUAN fundamental change already? If yes, sell. If no, just hold it.

These weak holders lose max. $0.90 today. Next time, please hold tight-tight.

We should learn something from Uncle Koon's articles. Whether investing rules or stock selection. So read again, NOT harm to you.

http://klse.i3investor.com/blogs/koonyewyinblog/141842.jsp

A day trader would be very happy to sell if he got 100% profit.

A short-term investor would likely sell if the price went up 200%. In fact, many weak holders would sell especially during a temporary price correction.

Only serious investors will not sell and super investors would dare to buy some more.

Good observation and good foresight, Uncle Koon. Respect to you!

After flush out weak holders, I'm 100% sure HENGYUAN will be stronger. Hu-ah huhu!

I think this fellow means cut fingernails.

Posted by voon1900 > Dec 20, 2017 07:40 AM | Report Abuse
If not down i cut!! Yesterday up 10 sen today down more so i am right.

Let's hit $15 end of this year. Hu-ah huhu!

A bit pity to these weak holders.

To these people who just sold just now. I suggest you go to read some books. I recommend you the intelligent investors.

Low EQ investors always the losers.

Since we can predict HENGYUAN will get better results than previous. There are no reasons why to sell at such cheap prices.

http://www.cmegroup.com/trading/energy/refined-products/singapore-mogas-92-unleaded-platts-brent-crack-spread-swap-futures.html

Flush these useless weak holders! I think they must be very regret now. Haha..

If you think there is a stock better than HENGYUAN. Then you should sell. If NOT, hold tight-tight and big win later.

Some people get burned by warrants. That's why I say buy mother share better. Anyway, to those late comers, $14 is a good price to enter.

Everyday shoot up like that. I almost fainted.. but happy :)

Who is buying now? Uncle Koon again? Or foreign funds? Or ASB managers?

Another $1.00 in the making?

I just want to say HENGYUAN is a world class company. How come such good fundamental company can trade at such low PER.

Just buy before market gives it 8x-12x PER. If earnings can sustain or better than previous level, HENGYUAN should be stock king 2018.

If you can find a stock better than HENGYUAN, just sell it. If cannot, then you should hold tight-tight until it reaches normal PER.

Buy mother share only, warrants too risky.

$9.846, as good as 3rd 2017.

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=D1N&title=DEC_2017_Singapore_Mogas_92_Unleaded_%28Platts%29_Brent_Crack_Spread_&type=p&venue=0&monthYear=Z7&year=2017&exchangeCode=XNYM

Let me do some homework. Here are the comparisons PER for oil refineries in local and overseas.

PETDAG 15.94x PER
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5681

PETRONM 8.66x PER
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=3042

HENGYUAN 4.46x PER
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4324

Pilipinas Shell Petroleum Corp. 12.87x PER
https://www.marketwatch.com/investing/stock/shlph?countrycode=ph

Royal Dutch Shell PLC 25.19x PER
https://www.marketwatch.com/investing/stock/rds.a

Exxon Mobil Corp. 27.08x PER
https://www.marketwatch.com/investing/stock/xom

Phillips 66 25.06x PER
https://www.marketwatch.com/investing/stock/psx

As you can see, US refineries trading at 20x PER and above. That’s due to US market so bullish now.

So I prefer to compare HENGYUAN with Pilipinas Shell. Now Pilipinas Shell trading at 12.87 PER. PETRONM 8.66x and HENGYUAN 4.46x ONLY.

How much PETRONM and HENGYUAN worth if we apply 12 PER to them. Calculate yourself. I don't want to mislead you guys. Haha..

If later HENGYUAN get better earnings than previous. Then I will upgrade my target price to $30-$36 like that. Haha..

Thank you, Uncle Koon. Thank you, Sifu Ooi. I will hold HENGYUAN till my target price $24.00.

Hengyuan Reminds Me of Supermax - Koon Yew Yin
http://klse.i3investor.com/blogs/koonyewyinblog/141842.jsp

CharlesT, you are very good in stock-picking. Don't know why you still put your money into this downtrend stock.

Don't buy downtrend stocks and try to make profits. I say many times already.