Paper, I believe if spent more time in analyzing and research..etc. Investment return can be anytime exceeding/double/triple of the salary. Strategy must be right and consider risk management.

Half retire or retire are same nowadays... as long as you bring along a labtop or hp/tab.. you can read and trade anywhere.. even on the beach.

Wah!! paper earn a lot from HRC and retire liao.. looking forward to join you soon..hehe..

don't pressure Heng too hard to achieve 15.. mun mun lai, be gentle.... non stop excitement for the past 9 days.. you need to give some rest and relax time ..ok..

Where is the seller?.. Kuching dua tiga ekor.. most sellers pull out from queue.. hehe..

sikit-sikit sudah panic!!! How to become financial independent??

Look like only small investors are panic selling (or lock profit) and support still very strong.. CH is green +2 some more..

HRC up for almost 10 days already, from 10 to 14.. some correction is healthy.. some investors, especially weaker one may want to lock some profit in this market..

For me today could be a good opportunity to add a little more. I will be full time watching if good to add more.. hehehe..

John,
not pull back 70 cents... Today HRC up 10 cents..

Someone posted TheEdge article last Saturday (in picture format). Not new article, for those subcrip to TheEdge weekly...

Despite sharks sold thousand and thousand lots.. HRC maintain green for the day. This shows the support is so strong. I hope tomorrow drop further to flush out weak player and let new players have the chance to enter HRC games.. at the same time I can top-up a little more .. kikiki..

Look at the buy and sell queue.. so little!!

Market already no tickets, all kept by investor.. Situation going to be similar with Petronm soon?...

cheated,
Apa macam sekarang?.. HRC already 14.64!!


Posted by cheated > Dec 19, 2017 11:49 AM | Report Abuse

Petron peaked at 13.5 so HRC peak is 14.56?

Few months ago the roadblocks are more than 2000+lots; sometime even 3000lots. Nowaday roadblocks only 1400/1700 lots. Does it mean most of the tickets already kept by long term investors?.. of cause the price is getting more higher...

Sharks SEEM to be disappeared for the past few weeks..

Aiyo.. everyday up up and up so much.. my heart can not take it liao.. I shut down and go shopping now.. if up up again I go travel for 1 week.. this is too much stress..LOL..LOL.

We do premium banking.. all are premium banking member..


Posted by Awet91 > Dec 18, 2017 04:59 PM | Report Abuse

All HY investor go to bank smile like crazy people hahha

Smirk To Self

Roadblock is opposite direction..!!?

everyone happy like kids only.. including me..kikiki..

unbelievable.. like..

Overtake petronm by 2 sen..

Pang,
Still far away from big cap... Let HRC build or acquire another one or two refineries around SEA first..

Today hope overtaking Petronm and stay ahead..

3iii,
You are being unfair to HRC.. you try to find bone from the egg!!

Do you think Petdag, Nestle and etc fulfill all the points you raised? Please think.. If you can find a perfect company, meet all the points you raised. I think It will cost at least RM50 or above for HRC case.

I know we are senior in stock market. But being senior not always right... I know the well known technical analyst Fred Tam recommended "BUY" for Hengyuan and Petronm..

We were in this HRC forum since many months ago.. Now, I (and many others - you know who they are) have paper gain hundred of thousand and million. How about you? Did you quietly buy some and gain few hundred thousand or million? :).. Hava a nice day..

ok..ok another USD25mil for replacement of the top dome and catalyst separation system of the regenerator reactor of the LRCCU.

700 mil project is the original Ang Mo proposal. Chinese can do at lower cost and better quality.. RM548mil only.

Raider,
Why you keep quoting Euro 5 upgrade project cost 700million? The press release dated 25 August 2017 indicate that the project cost USD135million (app RM580million). After RM appreciate against USD for the past few months; from 4.4 to 4.06 at this moment... 135*4.06 = RM548million... (not 700 mil as you mentioned)

Paper,
This is my second luck.. My first luck is Commerce Asset to CIMB. many years ago. Second luck Shell Refinery to Hengyuan..

Hengyuan USD$135 million upgrading project. Taking the recent ringgit appreciation into consideration the project will only cost RM548million, instead of previously quoted RM580 million. Total saving 32 million..

High risk! Compare with ?
Please remember this is a complex refinery. Compare with Petronm simple refinery. Petronm need about 6 billion to upgrade to refinery comparable with Hengyuan.. at the same time took years to upgrade.

The good thing is Petronm has 500+ petrol station all over Malaysia. However HRC refined products were 100% sold and require more to meet Shell stations demand. This situation will continue for the next 9 years (1 year over).

Operation efficiency risk being addressed at this moment. Actually the only risk for HRC is the "crack spread".

Will overtaking petronm at 13+ and stay forward..

秦梦瑶..早!

I would like to see HRC overtaking Petronm at 13 and stay ahead..

good morning KYY..

blow water?

Alex,
We already huat.. huat yesterday, today, tomorrow and huat everyday..

Oil price high(Brent or Crude) is not a good news for oil refinery business. Oil price up mean operating cost for refinery will be higher. As for Stock gain for that particular QR will be eventually offset in the future when oil price coming down; bottomline zero impact for long term.

The better environment for refinery is oil price stable... the best is Crack Spread maintain high and minimum downtime for maintenance.

No need to be in hurry.. just slowly sail to 15 then 18..

LOL

So strong.. not too late to switch..

For information, CapitalCube has change HRC status from Neutral to Undervalue..

Probability,
The document is complex and dry.. you are torturing me to read and understand.. LOL.

Personally I felt that Petronm already almost fully valued at current price, but HRC still have plenty of room to grow.. Could be a good time to switch to HRC.. What do you think?

Q3 "400mil" profit excitement just over and HRC settled at around 11.30, not as we hope above 12. Actually performance not bad lor; under such a weak market.
Basically I am happy and satisfied for the time being..

I agree with rchi.

Probability also presented the detail calculation in this forum much earlier. For those doubtful, I suggest scroll back... it will definitely benefit you.

Pang,
Beside ASB...How about ASW (11 mil 3.68%) and AS1M (1.27 mil 0.42%) both are under Amanahraya Trustees.. maybe both also sold some already.

I did attend the last HRC AGM and read all the available reports/documents.

HRC management current task is complete the upgrade project and improve operation efficiency/minimized unplanned down time.

Following are my opinion..
1. I don't think HRC will issue bonus issue, split or right issue in near future.
2. I don't think HRC will pay Dividend in near future

Reason being..
This is the first China investment in refinery out of China. They are not here to get money and bring back China, but they are here to expend their business into South East Asia in a big way... at the same time supporting Belt and Road initiative. The Chairman clearly indicate that they want to expand this business once they take control and settled their internal issues (which is upgrade and operation efficiency). So please don't look at PD Jalan Pantai refinery only...

We have gone through this situation at least 5 times since early this year.. People with wisdom will be the final winner.. I still believe in fundamental..

Raider,
Don't you think Petronm has more solid reasons to regain the ground back to 12+.. Where HRC will sail to 15.. Kikiki..

Finally HRC overtake Petronm by 14 sen..

HRC is a growing company. Need some capital to expend the business. The first step is to upgrade existing facilities to tip-top condition.. to improve production efficiency... PD facilities is only a stepping stone for expanding further to entire South East Asia. If you read the Hengyuan/Shell take over documents or attend their AGM you will understand their vision..
I am not surprise if HRC announce another big expending project in SEA next AGM; May 2018..