Posted by LA777 > 2017-08-16 11:28 | Report Abuse

Wow, so confident, but I like! Thanks a lot for your hard work, 360Capitalist sifu.

Posted by huiyi > 2017-08-16 11:30 | Report Abuse

o I c...share price is calculated like this...

Posted by Axelrod > 2017-08-16 11:35 | Report Abuse

best article to date on hengyuan. keep using this same mindset and strategy, u will be a multi millionaire soon. no need to think, just margin maximum, sell everything and just buy this RM2.00 eps stock duhh

Posted by 5858 > 2017-08-16 11:36 | Report Abuse

I like 37

Posted by Patron > 2017-08-16 11:39 | Report Abuse

wa dare to put so high the TP.
later St Calvin will come and school you only you know

Posted by Alex Foo > 2017-08-16 11:41 | Report Abuse

i tell u already, RM42 ma, see 360capitalist sifu more conservative than me. Haha....

tq 360.....love ur sharing

Posted by cwingz > 2017-08-16 11:44 | Report Abuse

360, i am a hengyuan supporter. But please la, this is overdone la. Hangus (overgoreng) lo macam ini calculate.

Posted by Alex Foo > 2017-08-16 11:45 | Report Abuse

it's ok, hangus can go de-carbon, then repeat the goreng =)

Posted by Alex Foo > 2017-08-16 11:46 | Report Abuse

@gushan

you need to come out with an article to substantiate your claim.

Posted by 360Capitalist > 2017-08-16 11:51 | Report Abuse

KESM .. EPS 89 cts .. now trade at RM 15.00...

Posted by kimhaolian > 2017-08-16 11:51 | Report Abuse

i give 50% discount...in one year up to RM18.50 will be super bonus for all HRC holders...

Posted by 360Capitalist > 2017-08-16 11:52 | Report Abuse

Another 4 Quarterly Reports we should able to see it trade at RM30.00

Posted by gladiator > 2017-08-16 11:56 | Report Abuse

The price of Heng Yuan now is like Hevea all the way back in 2011 trading around 60 ~ 80 sen and high debt with no dividend and PE below 5. Now 6 years later Hevea now trade at RM6.80 with almost debt free and pay regular dividend. So Heng Yuan 6 years later when it's debt free and pay regular dividend how high will it go? Only RM37.00?

Posted by gohkimhock > 2017-08-16 12:00 | Report Abuse

lol. then Public Bank is worth RM800.00

Posted by 360Capitalist > 2017-08-16 12:06 | Report Abuse

If you believe Heng Yuan can make EPS RM2.00 per year, at P/E 16 times it is worth RM32.00.. at 50% discount still worth RM16.00. We just need another few quarters to see it moving to our TP RM37.00..

Hevea is good example.

Posted by gladiator > 2017-08-16 12:10 | Report Abuse

Public Bank already PE=15 right now. If Public Bank worth RM800 per share than PE=600 Any company got PE=600 out there?

Posted by Alex Foo > 2017-08-16 12:10 | Report Abuse

@gladiator

5 years alot of things can change.

1) electric car going mainstream?
2) other solution to jet fuel? can't be that airplane can use electric to fly gua?
3) reassess O&G SWOT, i guess barrier higher....coz oil people scared d, not many entrance player
4) fuel efficiency, new R&D breakthrough, human energy, revamping refining industry
5) crack spread 5 years down the road??
6) market revaluing O&G PE...especially refining sector based on their stability

As long as crack spread is good, HRC will have a good future.

Posted by Alex Foo > 2017-08-16 12:13 | Report Abuse

my only thesis is that as far as human energy is concerned, oil is going to be there for quite sometimes until solar, hydro, wind, electrical energy can be generated relatively cheaper. Right now except the water dam (like sesco sarawak), and wind towers at sea, the rest are still strugging with price-value equation.

Even solar back in late 90s is so hot, but report keep red, how to huat like that....

How about tesla model on sun power? =)

Posted by cend0l > 2017-08-16 12:15 | Report Abuse

what a stupid article. You are just referring to its one year's earnings.

Posted by Bruce88 > 2017-08-16 12:27 | Report Abuse

Why not $60 ? ◢你有病看医生啦！

Posted by gohkimhock > 2017-08-16 12:29 | Report Abuse

take away HengYuan last 2 quarterly results and go do the maths again. High volatility in earnings i would say..

Posted by lotsofmoney > 2017-08-16 12:33 | Report Abuse

Talking stupid.

Posted by gladiator > 2017-08-16 12:37 | Report Abuse

Alex: 5 years a lot of things can change but we also cannot assume too much it may or may not happen.

Posted by Ricky Yeo > 2017-08-16 13:11 | Report Abuse

i3 is a good place if you want a laugh, not if you are serious about investing.

Posted by pang72 > 2017-08-16 13:47 | Report Abuse

I3 is good sharing platform for who know how to use it.
I bought HRC since 3.8 till now...and sharing every day and night but nobody listen . So, I earn my big profit alone...Pity me!!

Posted by pang72 > 2017-08-16 13:48 | Report Abuse

I will continue to talk to myself till HRC touch Rm12.00

Posted by paperplane > 2017-08-16 13:50 | Report Abuse

hehe, RM12 so low. RM20 only start to consider wanna sell some or not.

Posted by TrippleZ > 2017-08-16 13:51 | Report Abuse

Haha...this article is so naive

Posted by TrippleZ > 2017-08-16 13:51 | Report Abuse

RM37 only possible back in 1993 bull run.

Posted by 360Capitalist > 2017-08-16 14:10 | Report Abuse

It need at least 12 months period to reach RM37 if earning can sustain at EPS 50 cents per quarter.

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

Mogas at record high in 10 years, so next quarter profit can go very high..can go Double if compare with Q1'17

Posted by 2016v > 2017-08-16 14:12 | Report Abuse

if you are so confident 37, why not you clear all the sellers up to 10
put your money where your mouth is

Posted by paperplane > 2017-08-16 14:18 | Report Abuse

It need at least 12 months period to reach RM37 if earning can sustain at EPS 50 cents per quarter.

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

Mogas at record high in 10 years, so next quarter profit can go very high..can go Double if compare with Q1'17


POSSIBLE, if cost did not goes up and maintain. extra margin become pure profits.

Posted by paperplane > 2017-08-16 14:19 | Report Abuse

AUG 2017

Show Price Chart
- - 12.190 - - - 0 - 16:45:00 CT
15 Aug 2017

SEP 2017

Show Price Chart
- - 11.110 - - - 0 - 16:45:00 CT
15 Aug 2017

OCT 2017

Show Price Chart
- - 9.863 - - - 0 - 16:45:00 CT
15 Aug 2017

NOV 2017

Show Price Chart
- - 8.929 - - - 0 - 16:45:00 CT
15 Aug 2017

DEC 2017

Show Price Chart
- - 8.369 - - - 0 - 16:45:00 CT
15 Aug 2017

Posted by paperplane > 2017-08-16 14:19 | Report Abuse

some expectation tht it might falls

Posted by shortinvestor77 > 2017-08-16 14:20 | Report Abuse

Exactly. Else he needs you to push up for him.

Posted by vinc3362 > 2017-08-16 14:59 | Report Abuse

Laugh and scorn at 360Capitalist as much as you want.........but are you man enough to apologise to him if his price target comes true two years down the road?

All it requires is for the crack spread margin to maintain at current level for two years, HRC to show profit consistency and the whole equation will have to change.

Posted by ronnietan > 2017-08-16 15:08 | Report Abuse

Are you serious? Do you know the crack spread next week or next month, much less next year?
We know the price of Milo and cigarettes next year, and next 10 years.

Posted by 360Capitalist > 2017-08-16 15:40 | Report Abuse

Good enough at least we know Q3'17 profit will be record breaking high (Announce in Nov'17).

Posted by talkyourkok > 2017-08-16 16:06 | Report Abuse

idiot dreams cock

Posted by Tom > 2017-08-16 18:10 | Report Abuse

这作者发白日梦，你推销的ifcamsc目前跌到面目全非

Posted by godhand > 2017-08-16 18:13 | Report Abuse

Out of 1863 Companies listed in Bursa Malaysia, only 4 companies is able to make minimum Earning Per Share (EPS) RM2.00.

u need to compare apple with apple. how many total shares hengyuan has

Posted by Stock Kingdom > 2017-08-16 19:06 | Report Abuse

This article has attracted Ricky Yeo & ronnietan to comment. Haha, both also beh tahan to keep quiet reading the article.

Posted by MrPauper > 2017-08-16 19:20 | Report Abuse

Hello, other companies consistently earn rm2 eps. How many years you think heng yuan can achieve rm2? Or is it even possible this year?

Posted by CharlesT > 2017-08-16 19:28 | Report Abuse

Posted by MrPauper > Aug 16, 2017 07:20 PM | Report Abuse

Hello, other companies consistently earn rm2 eps. How many years you think heng yuan can achieve rm2? Or is it even possible this year?

lol..they thought they can make this kind of super crack profit every year leh

Posted by BatuHitam > 2017-08-16 19:32 | Report Abuse

What a joke of an analysis.

Posted by gohkimhock > 2017-08-16 20:08 | Report Abuse

A good trader must not fall in love with any stock. A good stock analyst must also not be bias.

Posted by gohkimhock > 2017-08-16 20:09 | Report Abuse

You failed both.

Posted by Fabien Extraordinaire > 2017-08-16 20:10 | Report Abuse

this is simply misleading, you cant make such comparison based on the absolute EPS alone. there are many other factors to consider such as market leader, competitive advantages, efficiency, pricing power, earnings sustainability, free cash flows, dividend yield etc etc...before u come to a conclusion how much PE multiples should the market be pricing in...

to compare with DLady and Nestle, well....speechless

Posted by MrPauper > 2017-08-16 20:14 | Report Abuse

Actually the author of the article only has ONE aim. That is to lure unsuspecting and naive investors, probably with greed and impatience to buy in at higher price and dumb dumb hold all the way up while they realise the profit

Posted by superwoman > 2017-08-16 20:40 | Report Abuse

keep on dreaming to get TP=RM36. :-)