In this uncertain time, everything would be uncertain, not even the forecast earnings by the experts, especially with companies of super volatile earnings..



uptrending Just another piece of info for reference.
DR Neoh Soon Kean's Dynaquest Stockdata projected EPS for Hengyuan FY18 to be RM1. 30
09/04/2018 07:01

150 millions shares float @rm8 in excess of
rm1. 2 billion in total..

Uncertain time after a 10 years bull market..
Caution Caution Caution

Just another piece of info for reference.
DR Neoh Soon Kean's Dynaquest Stockdata projected EPS for Hengyuan FY18 to be RM1. 30

Beware if world markets collapse, every thing will go down together no matter what

https://www.cnbc.com/2018/04/06/larry-kudlow-just-found-out-about-new-trump-china-tariffs-last-night.html?recirc=taboolainternalbe

US - CHINA TRADE WAR IMMINENT?

https://twitter.com/realDonaldTrump/status/982680387116781568?s=19

Icon8888

Thank you for your confirmation and clarification.

Regards,

Icon8888

Thank you for your confirmation and clarification.

Regards,

:)

:)

3iii,

Tan Teng Boo's icapital.biz, the "I" represents "Intelligence", "Independence" and "Integrity".

What are yours represent?

Just curious. :)

Stockmanmy is also qqq3?
Same person?

Icon 8818 is also icon8888?
Same person?

Where is the write up?

Problem is negative cash flow now, likely due to the construction of the technical college in kulai johore, in exchange for the piece of land there for future development...

Bank borrowing going up, presently no new project was launched, BJ and KK still not being launched... Incomes from JDV of BJC and some construction projects...

Uncle Koon short of admitting that he made a mistake in his earlier posts dated 2nd and 4th April, just few days ago?

Hengyuan - Investor Overreacted
----- KYY
https://klse.i3investor.com/m/blog/koonyewyinblog/153088.jsp

Furthermore it is very capital intensive. For Petronm to upgrade the production from 88,000 barrels per day to 180,000 berrels per day, it needs to invest about rm14 billion for an additional capacity of 92,000 barrels per day.

Hengyuan has a rated capacity of 125,000 barrels per day.. How much the company should worth leh?

Despite the volatility in earnings of the business, if the ROIC could not justify, where on earth people want to pour billions of dollars to set up refinery leh?

Something must very right with the company or the business for it to make the highest EPS in BURSA for FY 17..

Despite the forecast EPS for FY 18 would be lower, won't it be possible that it will deliver matching EPS as that of FY17 in the coming years?

Why investors are so pessimistic leh?

:)

Mogas 92 Crack Spread gone up..

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

FY17 EPS =RM3.03, simply outstanding.
How low can it drop in FY 18?

Petronm also down by rm1.19 same magnitude like HY. Petronm followed HY down? lol.

Nothing to do with Chinaman lah...
The company went through stringent selection criteria in terms of technical capacity and financial strength etc before Shell Overseas sold their 51% stake to Shangdong Hengyuan...

Trade war, G14, posts by blog writer added to the negative sentiments..

No one forecast the next Q1 EPS now?

Calling David Lim, Instagram posting.

:)

Last Yr AGM on 24th May
This year the BOD has yet to announce..

KING OF BURSA IN EPS FOR FY17 = RM3.03 HOW COULD IT KEEP FALLING TO ABSURD PRICE OF RM7.07

Anyway, I have just bought this week but have been watching for many months..

Cheers everyone!

Retailers are driven by fears..
When someone said another share PE 8 is the best share in Bursa whereas HY PE 2 not worth to buy..

WOW!

Even earnings go down by 50% to EPS 1.50 for FY 18, prospective PE would be 4.7..

Isn't it better than PE 8

GOING FORWARD to 2019, 2020 and beyond, earnings could be better after the upgrade to EU4M...

The best share is this one now? hehe

Do you think what I think is true?

Protect myself from Fake News Act

hehehe

Sharks are accumulating...
Pressing down from multiple corners...
Unless big funds are coming in...
The carnage will continue...

But it is real cheap now @rm7.10

SHELL actually is smart AT THE TIME OF SELLING.

1. HENGYUAN promised to buy all the crude oil from Shell. All the retail Shell Petrol Stations would get supplies from Hengyuan.
2. HENGYUAN guaranteed the debts of USD 350 million
3. Undertake to upgrade to comply TO EURO4 by 1st Oct 2018.

The timing was just perfect as crude oil rose from near bottom and Crack Spread went much higher... It is good luck for Hengyuan Shangdong.. :)

There used to be people who once said that they couldn't find any shares in Bursa cheaper than Hengyuan.

NOW, IF THIS HAS CHANGED?

8 is coming... DON'T WAIT...
hehehe...

Tell what I saw on the screen toward closing belt today..
There was slightly more that 100K shares selling on board @7.15, someone SAPU 102K at one go....

There are big buyers in this market.. If not, in this depressed market, who took all those shares sold?

How much it costs to build a 156,000 barrels per day crude oil refinery?

I Google and got one of the answers.


Ans. The refining industry requires a high amount of investment. It costs around $10,000 for refining one barrel of crude oil. Say, for a 100,000-barrel-per-day refinery, the capital requirement is about $1 billion.

It’s in USD

even at this low price 7.27, MACD IS POSITIVE, RSI DIVERGENT POSITIVELY.

:)

Strangely MACD turned positive, RSI bullish divergent

Depressed price may due to margin calls and thanks to all the naysayers...

RM 17 strongly recommended BUY
A few months later
RM 7 cannot buy...

Hohoho

Opportunity is knocking on the door..

Hehehe..

Price is being manipulated by Big players to break support @7.45

Isn't it possible?

Both Support and Resistance are meant to be broken. Hahaha!

Duke 1,2,3 IS MRR 1 1/2(MRR ONE AND A HALF). It is between MRR1 and MRR2..It is closer to the City Center than MRR 2
是一環半吧。 :-）

SJSOON 吉隆坡市一環是Jalan Tun Razak至Lebuh Mahameru；二環是MRR2， 三環是DUKE; 三環目前是吉隆坡高成長區。你覺得Duke project會是個失敗的project嗎？

To be fair to Tan, I think now that it is purely a market action or reaction. Many investors were waiting after the results of the EGM to unload as the outcome of the EGM was well expected. So, after the EGM and on relisting, those funds and those bought in advance in anticipation of gapping up, all get out together, especially in view of GE 14 is around the corner, so much uncertainties and risks attached as who knows if later all tolls would be abolished? Haha..

This is likely a market action, albeit it is anticlimax. Afterall, the market has been trending down for a long time already while Eko was holding well @1.00--. The share price performance is the results of market risks and rewards as measured by the investment fraternity. My humble opinion.

Nanti Dow runtuk seperti 1987 /2007... Semua hangus seperti Arang!

Jaga jaga! Jangan gadai rumah nanti istri dan anak tiada tempat tinggal!

Wakaka! :)

Dear SJSOON
could it because of how the directors handled queries from minority shareholders led to the loss of confidence of those funds in attendance, triggering the sell off?

And closes above 5.20

Beautiful!
Hopefully next Monday break above 5.20
:)

Can't think of a good reason. Upon proposing the dropped like no tomorrow. After voted out by the minority, dropped to below B4 voted out.

LOL

To the big gun, face is more important than money... Hehe..

Tan：敬酒不吃吃罚酒！Zai Si Liao Boh? 哼！

Now he already saved his face liao loh...

"See! You voted against! Now the share price dropped non stop! Hahaha!"

https://klse.i3investor.com/m/priceTarget/44187.jsp

Now selling @84 sen, about only 50% of AFFIN HWANG IB's TARGET PRICE as of their research dated 1 st March 2018..

RHB IB TP=1.40

How could two IBs got it so wrong or is it a real and rare opportunity?

195 million shares voted FOR the proposal are selling in the market? LOL!

They buy IWCITY instead? LOL!

One abortion after another!!
Hehe

Market gives face to TSR lah!
If the share price shot through the roof upon aborting the deal, how embarrassing woh..

hehe..

Just weird on the reaction of the share price in the market.

On announcement of the proposal to take over Iwcity, Ekovest share price straightaway plunged. Now the non interested party voted against the proposal, shouldn't the share price reversed upward?

WOW!

What happened?