Good write up. This guy has analysed HY very well and has hit the nail on the head. So far, this is the best view of HY's price direction going forward. The only think left out is HY's high gearing which would still be a thorn in 2018. Historically, refiners' margins are volatile from quarter to quarter. The industry therefore received lower PE ratio from investors. The price of HY at current levels are fairly valued going into 2018, cheers.

I think HY's performance for 2017 will be a record EPS. This is a given based on Q4 crack spread margins and 9-mth EPS of 241.89. So, we are all talking about historical data that is more or less public knowledge to most savvy investors. The challenge is for HY to continue to perform in 2018 and thereafter. This is a cyclical business. You can't pass on your increase cost to the consumers. It is also a known fact that 2018 will be a challenging year for HY where there will be a long shutdown in 2nd half 2018 to upgrade to Euro4M Mogas. So, 2018's performance is not expected to match 2017.

Savvy investors buy or sell ahead based on their assumption what HY will be able to make. Furthermore, HY will not be able to frank any dividend due to their net debt position currently and the funds required for the up-coming upgrade.

We are not comparing apple with apple when we say Nestle, Dutch Lady, BAT, etc. are being afforded very high PE compared to HY because they are cash rich, pays good dividend yearly and their business is more efficient as they are able to pass on higher cost to consumers and therefore maintain their profitability and growth. So, the answer why HY is selling at single digit PE is there for you. You can't expect someone to cough out so much money without knowing what his return will be except that HY will continue to make this high EPS in the future and the share price will keep going up to at least 10 times PE; and hopefully frank out some dividends or reward shareholders with bonus shares. Remember HY's business structure is very different from Nestle, Dutch Lady, BAT, etc.

Just my 2 cents worth, cheers.

I think HY's performance for 2017 will be a record EPS. This is a given based on Q4 crack spread margins and 9-mth EPS of 241.89. So, we are all talking about historical data that is more or less public knowledge to most savvy investors. The challenge is for HY to continue to perform in 2018 and thereafter. This is a cyclical business. You can't pass on your increase cost to the consumers. It is also a known fact that 2018 will be a challenging year for HY where there will be a long shutdown in 2nd half 2018 to upgrade to Euro4M Mogas. So, 2018's performance is not expected to match 2017.

Savvy investors buy or sell ahead based on their assumption what HY will be able to make. Furthermore, HY will not be able to frank any dividend due to their net debt position currently and the funds required for the up-coming upgrade.

We are not comparing apple with apple when we say Nestle, Dutch Lady, BAT, etc. are being afforded very high PE compared to HY because they are cash rich, pays good dividend yearly and their business is more efficient as they are able to pass on higher cost to consumers and therefore maintain their profitability and growth. So, the answer why HY is selling at single digit PE is there for you. You can't expect someone to cough out so much money without knowing what his return will be except that HY will continue to make this high EPS in the future and the share price will keep going up to at least 10 times PE; and hopefully frank out some dividends or reward shareholders with bonus shares. Remember HY's business structure is very different from Nestle, Dutch Lady, BAT, etc.

Just my 2 cents worth, cheers.

Buy rate this morning is 67%. Expect the push to break the strong wall ahead at 0.45.

Expecting Huaan to close the year on a very high note tomorrow. To all Huaan followers, hold tightly to your shares. I'm sure there are some amongst you that is wondering if you should buy now if you don't have any, to buy more if you have bought earlier or to sell some when it goes higher tomorrow? The answer to your puzzle is the longer you wait the higher this up-trending stock will be. Like I said, it's still selling at low single digit PE for 2017 and 2018. Any declaration of dividend or bonus shares or warrant will propel this share above 1.00. BTW, in case you are not aware, the major shareholder of Huaan is from the NS Royal family of Malaysia. Do have a nice day.

Be patient. Once collection is adequate at 0.31, then they will bulldoze through to 0.35, cheers.

@ harlem. Well said. For all the followers of Huaan, be prepared to ride this wave all the way to break 1.00, cheers.

Many followers of Huaan is still thinking whether to buy back if they had sold at lower prices earlier, to buy more if they have some or to sell into strength in the next few days. The savvy and smart investors however will buy more when most players are selling. This is because Huaan is selling at low single digit PE for 2017 and 2018. For the record, I will keep on buying so long as Huaan continue to deliver on its earnings underpinned by the strong recovery of the steel and coke market which runs in cycles, cheers.

@ Bird87. Not throwing at 0.285 but collecting the whole day at 0.285. The train needs to load up before moving. So, hold on tight before it takes off, cheers.

This stock will be the darling of penny stocks in 2018. Many investors are still in a dilemma as to whether to buy or not, to buy more or to sell. Huaan qtr 3 Eps was much higher than qtr 2. Based on the strong steel prices and by extension the coke prices, qtr 4 result will get better. 2018 profits are expected to be even better when all 5 ovens are in operations. This is because the steel and coke market will remain robust.

Many people are still hoping for Huaan to get cheaper. This wait will be in vain. When qtr 4 result is announced in end January or early February 2018, a lot of players will be chasing for this stock at much higher prices.

Huaan is selling so cheap and many investors are still thinking whether to buy or to wait for the price to get cheaper. In terms of percentage, this stock returns in the next 12 months will beat most high flying stocks in bursa including Hengyuan, the current hot stock being promoted daily in i3. These super investors seem to have overlooked this gem.

Remember, there is no free lunch in this world. Arm yourself with knowledge and stay ahead of the curve, cheers.

Whatever kyy buys, he will get the herd mentality to push his shares to the sky to make his millions.

Kyy will only promote after buying enough. He won't tell you before buying and when he hasn't finished collecting enough, cheers.

@ harlem. Don't forget impairment reversal on it's ovens. The Eps is going to shake up the penny stocks when Huaan put on wings, cheers.

Most techs are over-rated currently and selling at high PEs. Returns in percentage term is also low. Best to buy good penny stocks and giving superior returns. Huaan is a stock that will give much better returns in the next 12 months than most tech listed shares in bursa.

Current year's profit only reflect half operating capacity and for 10 months production only by Dec 2017. When Huaan fires up the other 2 ovens once approval is obtained from the authorities, profit will shoot pass 10 sen Eps easily in 2018 at current high price for coke and the other by-products. So, hold on the your share for the big profits in 2018, cheers.

Lionind profits will get better as more operating units come on stream. Steel prices are expected to remain high throughout the next few years, cheers.

Hold tightly to your shares in Huaan. 2018 will be a very good year for Huaan. Share price is expected to rally in tandem with strong Eps growth, cheers.

@ bennylim8. The coke futures in the DCE is rather volatile. It is important to note that Huaan is on the mend and benefitting from the cyclical recovery of the steel prices. As commodity moves in cycles, the world is currently experiencing the early recovery run on steel prices and by extension the prices for coke and it's by-products. Remember that Huaan impaired its ovens during the shutdown and will gradually reverse the losses going forward as the ovens come on stream.

BTW, thanks for the early warning on the expected correction of equity markets across the globe. I personally think this will happen sometime from 2019 onwards. Anyway, let's hope our market stay safe for at least another year, cheers.

Ignore short term noise in the market for this stock. Hold and be well rewarded by next year, cheers.

That is why some pest lose money all their life in the market. Reason is they are not street smart. These idiots represent the majority that is always upset with certain stocks they have a bad experience in the past. They sow bad karma and pay dearly for their folly.

http://gu.sina.cn/ft/hq/nf.php?symbol=J0
Coke prices continue to be firm on the DCE.

Treat volatility as your friend. Sold a chunk above 0.65 recently and starting to buy back again at 0.52 today. I love this stock. Will buy all the way down even when it goes below 0.50. Opportunity to make another round when better results comes out for the next two quarters, cheers.

It's all about investors perception of the stock they have invested in. For instance, Lafarge has been losing money for the past 3 qtrs amounting to -15.9 sen EPS, yet the share price is still at 6.86. Likewise, gtronic with only about 12 Sen profit on EPS to show for the past 4 qtrs yet it closed at 6.39 today. So, it is difficult to speculate how much IQ will drop and when it will rise again. It boils down to investors and Analysts' perception. Are they gung-ho on the stock? If yes, then even making losses or peanut profit will not cause the share price to fall. In short, buy if you think it gives you good value with good visibility ahead on it's business and sell if you feel the stock has no more future potential, cheers.

Great opportunity to collect more at this depressed price. This is the usual time of the year when share prices normally drift lower to sideways, thereby creating a golden opportunity to buy your favoured share for a song, cheers.

https://www.metalbulletin.com/Article/3770724/Steel-All/CHINA-REBAR-Domestic-prices-rise-further-as-futures-march-higher.html

Cheapest banking stock on Bursa. Selling half its book value and running on single digit PE. Gem of a stock at current price. Don't lose this golden opportunity, cheers.

Solid entry level to collect a good dividend stock at this price. Like they say, take care of the downside and the upside will take care of itself. Once business pick up, so would the price and dividend payout. In fact, Vincent Tan buying more every other day like there is no tomorrow, cheers.

This retracement is only on small volume. The smart investors collecting recently from 0.50 Sen plus all the way to 0.67 Sen is quietly collecting again cheap from those filled with fear. Remember, savvy investors always buy ahead of the pack. Good opportunity to buy even more currently. Just ignore short term noises on Parkson and the rewards will be significant when the turnaround comes. Parkson's business in China is gaining momentum and will be adequate to cover the SEA markets slower pickup. China's market is enormous especially the underserved 3rd tier cities which Parkson is now focusing on. Parkson's books is still looking good. Stay the course and ignore the prophet of doom that visit this space occasionally to shit this stock. Coming next two quarters will be much better believe you me, cheers.

Ignore short term noises in the market on the Lion. Stay the course for solid returns, cheers.

Don't listen to negatives. Approval from Bursa in my opinion is just a formality. This stock is still cheap at current prices. No looking back once it breaks 30 Sen again cause it's quarterly profits are here to stay. Stay with this stock for solid returns, cheers.

Look at some of these shares today, mudajaya @ 1.04, JTiasa @ 1.12, Xingquan @ 0.055 (suspended), etc. Please exercise caution for the newbies. Remember there is no free lunch in this world, cheers.

@ Charles T. Nothing but pure nostalgia. Thanks for being so factual of the past. It is always pertinent to state the facts correctly so as not to cause people to become gullible, cheers.

What the EPS will be, you do the maths, cheers.

Heard a rumour that says Lionind will report 80 mil for Q1 profit. Let's wait to see if it's true after market close today.

Rebar price is going up, up and away:
http://www.sunsirs.com/uk/prodetail-927.html

Result will be out this Friday, 24 Nov 2017.

New high for rebar price in China.
https://www.metalbulletin.com/Article/3768807/Steel-All/CHINA-REBAR-Domestic-prices-rise-to-new-high-for-2017.html

Like I said to all followers of Lion Ind, hold tightly to your shares as the price will continue to head North. Those that has good knowledge of accounting has bought early and is still buying. So, 2018 will be a red hot year for the Lion, cheers.

@ TF Tan I normally do not in principle get personal. But this chap got personal some time back and hit below the belt with no interest here. That was what broke the camel's back. He's still shitting every opportunity he gets. Someone need to put him in his place.

Your opinion on bursting of the bubble, I do agree but I think it will be anywhere from 2019 onwards. Conditions in the financial and world markets would probably be too overheated by then, cheers.

Rebar price in China is on uptrend:
http://www.sunsirs.com/uk/prodetail-927.html

To all followers of the Lion, hold tightly to your shares. It closed at its 52 wk high. More to come, enjoy.........

Pest like ks55 don't know how to read and play the market. That is why he is a loser all his life. Savvy investors buy ahead when they can sense the turnaround is near. By the time Parkson start to report profits on group basis, the share price would be shooting up like a rocket. If making money was so easy, then more than 90% of players including this idiot would not be losing all the time. The trouble is he doesn't have foresight and don't know how to interpret and crunch the numbers. Poor lost soul, I sincerely hope he finds his way. BTW, this ks55 pest don't even owned a lot of Parkson but spend all his time here. You think successful investors do this?

When Q1 2018 result is announced soon, it's going to put wings on the Lion. As a shareholder, one can expect to receive dividend in specie this year as more than 5% are still in treasury. Top that up with cash dividend and Lion will be injected with adrenaline to shoot past 2.50 by next year. Good luck to the believers and followers of Lionind, cheers.

@ Harry_7 Told you guys this ks55 loser is nothing but a pest. He don't even have money to buy shares. He is a retiree who spends his time shitting stocks he lost his pants in the past. He is also active shitting Lionind but this have stopped lately as Lionind's share price is on the verge of a breakout. Hope he finds peace before it ruins his health.

Coke price going up today. Uptrend on coke and steel prices intact. Hold on tightly to your huaan shares.

Lion testing 52 wk high of 1.48 this morning. Showing very strong sign of breaking new high. Indicates a very good Q1 result to be announced this month. Overpaid analyst in RHB still in slumber and giving target price of 1.26. They have an agenda as usual. For their house call on counters recommended, when prices are sky high, target price goes even higher to catch the sorchai who are newbies and those filled with greed. Hold tightly to your Lionind shares as it's a long way up, cheers.

@ Richman96. Don't worry about the price tomorrow. The big money is made not in the frequent buying and selling but in the holding/waiting. So, although the price of coke have softened in October 2017, the recovery in steel prices and by extension for coke as well, is here to stay. These commodities move in cycles. So hang on tight to HUAAN as the ride going up will be bumpy. The secret is to ignore the daily market noises. Cheers.