General Raider says david lim analysis is perfect loh....!!
1. Strong cash generation over 6 mths. 2. Strong Profit for half year despite Q2 profit below expectation. 3. The lower profit in q2 is due to one time exceptional expenses due to exceptional maintenance cost and 21 days unplanned shutdown plus forex losses and inventory losses. Exception maintenance expenses and shutdown may not recur in q3 and inventory losses and forex losses in q3 may reverse . 4. Strong crack margin which almost more than double within 6 mths.
Given such a profitable potential of HRC , this is a great investment opportunity loh...!!
Also u must remember u can purchase the business at attractive pe 2x to 5x mah compare with pet dag 24x loh...!!
Just bcos there is a 1 qtr of negative earnings volatility out of 4 qtr in a year....does it warrant to give rating pe 2x to 5x pe leh ??
bearing in mind Going fwd the refinery current in an upcycle phase loh...!!
LATEST CRACK MARGIN IS USD 17 PER BARREL COMPARE TO USD 5 BEGINNING OF THE YEAR LOH...!!
A record year performance in 34 years • Sustainable long term earnings supported by growth and operational efficiency • Improved margin and sales volume • Higher earnings and dividend payout • Strong cash flow
PBT 1.212 billion PAT 945 million TA 9.365 billion
EPS 95.1 sen DPS 70 sen DPO ratio 81%
Shr Price 23.80
Return on Average Capital Employed 18.1% :thumbsup: Return on Total Asset 10.1% :thumbsup: D/E 2.2%
WHAT IS THE USE LEH ?? PE 24X DIV LESS THAN 3%PA....!!
U PUT IN FIXED DEPOSITS CAN GET 4% PA IF U WANT DIV LOH...!!
THE GROWTH AND SHARE PRICE STAGNANT FEW YRS LOH...!!
Why HRC is much better than Pet dag, no joke ...no gambling loh ??
1. HRC ROE is higher than Pet dag. 2. HRC EPS is higher than Pet Dag 3. HRC Earnings Growth is stronger than Pet Dag 4. HRC cashflow per share stronger than Pet Dag
There are many gamblers in the market. But gambler is not a kind word, so they masquerade as speculators.
If the news are good, they buy. When the news are bad, they jump out. If the price of the stock does not make its move within a short period, they sell it and go looking for something else.
This speculative buying and selling frenzy has been going on for a long time.
BUT MOST IMPORTANT IS HRC PE 5X IS MUCH LOWER THAN OVERVALUE PET DAG PE 24X LOH..!!
A COMPANY LIKE PET DAG LOST IN EVERY COUNT OF BEAUTY PARADE, SHOULD NOT DESERVE SO HIGH PE 24X LOH...!!
ON THE OTHE RHAND HRC SHOULD DESERVE MUCH HIGHER PE THAN 5X, BCOS IT BEAT PET DAG IN SO MANY AREA IN TERMS OF PERFORMANCE MEASUREMENT LOH..!!
YES...MUST BUY HRC QUICKLY B4 ....ITS SHARE PRICE RUN UP LOH..!!
IF NO MONIES SELL UR PET DAG...SWITCH IT TO HRC LOH...!!
If u know HRC can go up to Rm 9.00 by end nov 2017.
U also know HRC can go up to Rm 12.00 by april 2018.
U know HRC can go up to Rm 15.00 by Aug 2018.
Then ask yourself HRC..now Rm 7.50...u think and got news it can drop to rm 7.26 next wk...u want to sell now at Rm 7.50 and buy back Rm 7.26 ah ?? So little potential profit worth it meh ??
What happen after u sell HRC Rm 7.50....it keep going up and never come down to rm 7.26 would u chase rm 8.80 leh ??
If a stock worth Rm 15.00 like HRC, if selling it at Rm 7.50 and hope to buy back at Rm 7.26 very dangerous loh...!!
Always fight on the side, that give u the greatest value and profit {raider says this is taichi flow} loh..!!
Yes Hrc has all the potential to give u all the great return u never dream of loh...!!
Strong growth in EPS of more than 100%. High ROE exceeding 37%. Superb cashflow half yr exceeding rm 1.44 per share. strong growth potential crack margin now usd 17 per barrel.
most importantly it is the cheapest stock in klse with pe less than 5x loh.....!!
it is expected it will achieve eps exceeding rm 2.20 pa a great historical record for hrc mah...!!
Posted by probability > Aug 31, 2017 09:34 PM | Report Abuse
Let us all pray for HRC price to collapse when market opens.... i sincerely from my heart encourage all to come out with negative comments... and better still an article to convince all the risks and how misled we are on HRC.
Thank you
Ans : I shared the same opinion as probability. Since stockraider promotes so strongly on Hengyuan, many people still cannot get convinced. I suggest stockraider to stop promoting Hengyuan.
I can also run down Hengyuan easily. I talk with facts and figures.
1. The price of Hengyuan was gap down on 28/8/2017, base on TA, the price will show a small rebound and drops back again. It is called Dead Cat bound.
2. Q3 2015, Q3 2016, both quarter results showed a loss. Will history repeats itself for Q3 2017 ? If Q3 2017 result released shows a loss, all people will panic and sell down Hengyuan like no tomorrow.
3. Hengyuan did not give out dividend since it is a profitable company. This stock is owned by Shandong Hengyuan China man. Can you trust China man stock ? Can Hengyuan like Xinquan another red chip of China man ?
4. If Hengyuan is a so good company, Shell Holland will not sell Shell Refining Malaysia to a Shandong China man at 2.00. There is no such thing as "Big frog jumping on the street".
5. Many people are saying crack spread is very high in 2017, how can Q2 2017 result of Hengyuan released showed a drop in profit. The profit is only 84 million against 353 million projected by David Lim in his analysis report. Hence crack spread is high at USD 10 is a bullshit.
I confirmed the aforesaid points are true in records, please do your homework to check them.
Since many people are so doubtful Hengyuan is a good stock to buy, may be I suggest you please sell down Hengyuan on Tuesday morning 5/9/2017 so that all strong believers of Hengyuan can buy it on cheap sale basis.
Final decision to sell is always yours.
Thank you. Ooi
GENERAL RAIDER SAYS MR OOI HIGHLY DISHONEST LOH...!!
WHY ?? IF HIS SHORT TERM HRC TP IS RM 9.00. MID TERM TP IS RM 12.00 LONGER TERM TP IS RM 15.00
WOULD IT NOT BUYING & CHASING HRC AT RM 7.50 NOW, NO ISSUE LEH!!
WHY WOULD OTB AND GANG FEAR HRC RUN UP, BCOS OF RAIDER STRONG PROMOTION LEH....!!
UNLESS OTB AND GANG SELL OFF ALOT OF HRC AT RM 7.00 TO RM 8.00 LEVEL LOH....!! HOPING TO BUY BACK CHEAP LOH..!!
GENERAL RAIDER CAN ONLY SAY SORRY LOH..!! IF U HAVE SOLD OFF CHEAP, WE DON OWE U A LIVING...TO HELP U TO BUY BACK CHEAP MAH..!!
FURTHERMORE THE CRACK MARGIN USD BARREL IS USD 17 PER BARREL. THE COMING Q3 HRC WILL REPORT CONSERVATIVE ROLLING ANNUAL EPS EXCEEDING RM 2.20 LOH....!!
U BETTER BUY QUICKLY HRC, WHEN IT IS STILL CHEAP AT RM 7.50 B4 TOO LATE LOH...!
Your English is so poor, please do not attack me that I am dishonest.
Please sell if you think that Hengyuan is not good.
Thank you.
MY ENGLISH IS POOR SO WHAT ?? AT LEAST I M NOT DISHONEST LIKE U LOH...!!
"Mr Ooi Teik Bee’s recommendation: If you are a subscriber, you should have received Mr Ooi Teik Bee’s recommendation of Hengyuan with a target price of Rm 15.93. I am obliged to tell you that I have quite a lot of Hengyuan and I am not asking you to buy it. But if you decide to buy it, you are doing at your own risk. As much as I am reluctant to post this piece on i3investor to avoid seeing some stupid commentaries, Mr Ooi Teik Bee asked me to post it to teach people how to make more money. "!!
FROM THE ABOVE U SEE MR OOI CAKAP TAK SERUPA LOH...!! WHY SUDDENLY HE SAYS NO DIV LAH...CHINA PARTY BOUGHT IT CHEAP LOH..!1 LIKE NO FROG JUMPING AROUND LOH...!!
THIS IS BCOS MR OOI, SOLD OF HRC RM 7.00 TO RM 8.00 HOPING TO BUY BACK CHEAP LOH.....!!
GENERAL RAIDER SAYS MR OOI HIGHLY DISHONEST LOH...!!
WHY ?? IF HIS SHORT TERM HRC TP IS RM 9.00. MID TERM TP IS RM 12.00 LONGER TERM TP IS RM 15.00
WOULD IT NOT BUYING & CHASING HRC AT RM 7.50 NOW, NO ISSUE LEH!!
WHY WOULD OTB AND GANG FEAR HRC RUN UP, BCOS OF RAIDER STRONG PROMOTION LEH....!!
"Mr Ooi Teik Bee’s recommendation: If you are a subscriber, you should have received Mr Ooi Teik Bee’s recommendation of Hengyuan with a target price of Rm 15.93. I am obliged to tell you that I have quite a lot of Hengyuan and I am not asking you to buy it. But if you decide to buy it, you are doing at your own risk. As much as I am reluctant to post this piece on i3investor to avoid seeing some stupid commentaries, Mr Ooi Teik Bee asked me to post it to teach people how to make more money. "!!
FROM THE ABOVE U SEE MR OOI CAKAP TAK SERUPA LOH...!! WHY SUDDENLY HE SAYS NO DIV LAH...CHINA PARTY BOUGHT IT CHEAP LOH..!1 LIKE NO FROG JUMPING AROUND LOH...!!
THIS IS BCOS MR OOI, SOLD OF HRC RM 7.00 TO RM 8.00 HOPING TO BUY BACK CHEAP LOH.....!!
GENERAL RAIDER SAYS MR OOI HIGHLY DISHONEST LOH...!!
WHY ?? IF HIS SHORT TERM HRC TP IS RM 9.00. MID TERM TP IS RM 12.00 LONGER TERM TP IS RM 15.00
WOULD IT NOT BUYING & CHASING HRC AT RM 7.50 NOW, NO ISSUE LEH!!
WHY WOULD OTB AND GANG FEAR HRC RUN UP, BCOS OF RAIDER STRONG PROMOTION LEH....!!
I recommend a buy at 5.95, I advise readers here not to chase high the price to buy. The record is very clear in this forum.
Aug 29, 2017 06:19 AM | Report Abuse Is it true too that otb recommended Hengyuan with a target price of $15.93 too? Those who followed his target price, must be badly caught in this down draft in Hengyuan share price.
At 7.03 yesterday, the gains in Hengyuan since 31.7.2017 have been wiped away.
Ans : 3iii,
Please be careful with your words. Please do not cross the line.
I said short term target is 9.00, the highest price done was 8.68. I am not very far wrong.
I said 7 month target is 12.79. 1 year target is 15.93.
The statement here is very clear, I did not tell readers here to chase high. If they chase the price high to buy, it is not my fault.
Please be careful with your words and do not put words into my mouth. Please be fair and gentleman. Argue your point but not personal attack.
Thank you. Ooi>>>>
Mr. otb
Thanks for highlighting my post.
Yes, this was what was written by me.
>>>>>> 3iii >>>>Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD Aug 10, 2017 11:14 AM
Mr Ooi Teik Bee’s recommendation: If you are a subscriber, you should have received Mr Ooi Teik Bee’s recommendation of Hengyuan with a target price of Rm 15.93. <<<<< Alright, I think I have found the post you mentioned.
I think it is this post that you seem to be unhappy about.
If you are offended, please accept my apology.
More explanation later. >>>
Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD Aug 28, 2017 11:54 AM | Report Abuse
Dear paperplane, raider, aseng and others,
No point for you to defend all accusation and attack on this stock, I know you want to help readers here sincerely.
Please note that 90% of investors lost money in stock market, only 10% make big money. Please follow the 10% but not 90%.
Please keep quiet and make money quietly, lesson learned. No point to share your hard work here, when they made money, they did not share with you. When they lost, they curse you. No worth your sincere effort.
It is a big bully here, did they do hard work to analyse the stock ? None.
They like to attack writers in I3 to show they are good. To me, they do not gain my respect unless they can show your good forecast here and talk with facts and figures.
I still respect you all despite you are wrong in your forecast. Try hard and make a good and correct forecast next time. You will do well in your investment.
It is my final posting in Hengyuan, I do not wish to share my information here. I would not bother to read any comment on me because I do not make any mistake here. I recommend a buy at 5.95, I advise readers here not to chase high the price to buy.
Thank you. Ooi <<<<
Is it true too that otb recommended Hengyuan with a target price of $15.93 too? Those who followed his target price, must be badly caught in this down draft in Hengyuan share price.
At 7.03 yesterday, the gains in Hengyuan since 31.7.2017 have been wiped away. 29/08/2017 06:19<<<<<
FROM THE ABOVE U CAN SEE HOW MR OTB DISHONEST LOH...!! CAKAP TAK SERUPA LOH...!! NO STANDARD LOH...!!
"Mr Ooi Teik Bee’s recommendation: If you are a subscriber, you should have received Mr Ooi Teik Bee’s recommendation of Hengyuan with a target price of Rm 15.93. I am obliged to tell you that I have quite a lot of Hengyuan and I am not asking you to buy it. But if you decide to buy it, you are doing at your own risk. As much as I am reluctant to post this piece on i3investor to avoid seeing some stupid commentaries, Mr Ooi Teik Bee asked me to post it to teach people how to make more money. "!!
FROM THE ABOVE U SEE MR OOI CAKAP TAK SERUPA LOH...!! WHY SUDDENLY HE SAYS NO DIV LAH...CHINA PARTY BOUGHT IT CHEAP LOH..!1 LIKE NO FROG JUMPING AROUND LOH...!!
THIS IS BCOS MR OOI, SOLD OF HRC RM 7.00 TO RM 8.00 HOPING TO BUY BACK CHEAP LOH.....!!
GENERAL RAIDER SAYS MR OOI HIGHLY DISHONEST LOH...!!
WHY ?? IF HIS SHORT TERM HRC TP IS RM 9.00. MID TERM TP IS RM 12.00 LONGER TERM TP IS RM 15.00
WOULD IT NOT BUYING & CHASING HRC AT RM 7.50 NOW, NO ISSUE LEH!!
WHY WOULD OTB AND GANG FEAR HRC RUN UP, BCOS OF RAIDER STRONG PROMOTION LEH....!!
Please learn up your English and understand what I say, then you are only qualified to talk to me. Please do not let the readers here laugh at you. Thank you. Ooi
Please don divert u r really a dishonest chracter loh...!!
"Mr Ooi Teik Bee’s recommendation: If you are a subscriber, you should have received Mr Ooi Teik Bee’s recommendation of Hengyuan with a target price of Rm 15.93. I am obliged to tell you that I have quite a lot of Hengyuan and I am not asking you to buy it. But if you decide to buy it, you are doing at your own risk. As much as I am reluctant to post this piece on i3investor to avoid seeing some stupid commentaries, Mr Ooi Teik Bee asked me to post it to teach people how to make more money. "!!
FROM THE ABOVE U SEE MR OOI CAKAP TAK SERUPA LOH...!! WHY SUDDENLY HE SAYS NO DIV LAH...CHINA PARTY BOUGHT IT CHEAP LOH..!1 LIKE NO FROG JUMPING AROUND LOH...!!
THIS IS BCOS MR OOI, SOLD OF HRC RM 7.00 TO RM 8.00 HOPING TO BUY BACK CHEAP LOH.....!!
GENERAL RAIDER SAYS MR OOI HIGHLY DISHONEST LOH...!!
WHY ?? IF HIS SHORT TERM HRC TP IS RM 9.00. MID TERM TP IS RM 12.00 LONGER TERM TP IS RM 15.00
WOULD IT NOT BUYING & CHASING HRC AT RM 7.50 NOW, NO ISSUE LEH!!
WHY WOULD OTB AND GANG FEAR HRC RUN UP, BCOS OF RAIDER STRONG PROMOTION LEH....!!
Hiyah..make money already, can afford buy back mah Buy back Ferrari HRC at much higher price loh Buy back higher price, still cheaper than 15 mah..hahahaha
Please learn up your English and understand what I say, then you are only qualified to talk to me. Please do not let the readers here laugh at you. Thank you. Ooi
Answer : Totally agree! Using too much loh, mah, meh is insult to our intelligence! Blasting every 10 minutes is a sign of immaturity! It's enough to promote few times and let others share their views! A free forum must be a healthy exchange not to be monopolize by one single person!
NO POINT TOMATO LAH...U IS ANOTHER SAD SOUL...WHO SOLD OFF HRC LOH..!!
If sold already ...refuse to chase...go and buy another stock better than...HRC no need squat here loh...!!
If u know HRC can go up to Rm 9.00 by end nov 2017.
U also know HRC can go up to Rm 12.00 by april 2018.
U know HRC can go up to Rm 15.00 by Aug 2018.
Then ask yourself HRC..now Rm 7.50...u think and got news it can drop to rm 7.26 next wk...u want to sell now at Rm 7.50 and buy back Rm 7.26 ah ?? So little potential profit worth it meh ??
What happen after u sell HRC Rm 7.50....it keep going up and never come down to rm 7.26 would u chase rm 8.80 leh ??
If a stock worth Rm 15.00 like HRC, if selling it at Rm 7.50 and hope to buy back at Rm 7.26 very dangerous loh...!!
Always fight on the side, that give u the greatest value and profit {raider says this is taichi flow} loh..!!
Yes Hrc has all the potential to give u all the great return u never dream of loh...!!
Strong growth in EPS of more than 100%. High ROE exceeding 37%. Superb cashflow half yr exceeding rm 1.44 per share. strong growth potential crack margin now usd 17 per barrel.
most importantly it is the cheapest stock in klse with pe less than 5x loh.....!!
it is expected it will achieve eps exceeding rm 2.20 pa a great historical record for hrc mah...!!
HRC The most wonderful investment loh....!!
REMEMBER LOH...DON ACT & FOLLOW DISHONEST OTB...SELL ALREADY HOPING TO BUY BACK CHEAP CHEAP LOH...!!
MKT IS NOT THAT STUPID MAH...!! THEY ALSO KNOW HOW TO CALCULATE MAH...!!
IF SELL HRC A WONDERFUL SHARE, IT IS VERY DIFFICULT TO BUY BACK CHEAP LOH..!!
If I did not promote Hengyuan, you think Hengyuan can move up north so powerful. Result showed. You can talk a lot, you definitely not up to my standard.
osted by Ooi Teik Bee > Sep 2, 2017 12:53 AM | Report Abuse
Posted by Tomato Juice > Sep 2, 2017 12:47 AM | Report Abuse
This loud mouth has been talking nonsense alot! He has promoted so many losers! I think out of 100, only 4 make money! You don't have to believe me, you can check his past record!
Ans : He does not understand what I wrote, simply bark like a mad dog. A sad case. Let time tells who make the most money. I am very poor, I do not have any Hengyuan. He is the one who can afford to buy Hengyuan.
Thank you. Ooi
IT IS NO WONDER THIS OTB SO MANY PEOPLE ACCUSE HIM DISHONEST LOH...!!
IT MUST BE TRUE LOH....!! INITIALLY RAIDER DISAGREE BUT NOW RAIDER BELIEVE LOH...!!
FROM THE WAY HE TALK...U ALREADY FOUND MANY DISHONEST ACTION LOH..!!
Bro Stockrider.. Omg I think u didnt understand what OTB is writing. Please print out and read again and again overnight until u understand. OTB is just being sarcastic to non believer.. Cheers bro..
NOT THAT RAIDER DO NOT UNDERSTAND OTB WRITING LOH...!!
IT JUST THAT OTB....WRITING 2 SIDED.. LIKE 1 SIDE APPEAR SIDED WITH THE HRC INVESTORS..INTIALLY, THEN 2ND SIDE BEHIND OUR BACK HE WANT TO WHACK HRC SHAREHOLDERS MAH...!!
IF HE REALLY MEANT TO BE GOOD FOR HRC, WHY HE TARGET THE EXISTING SHAREHOLDERS { WITH FEAR & NEGATIVE POINTS WHICH RAIDER HAD COUNTER MANY TIME.}...WHO HAVE JUST WEATHER THE STORM OF HRC SELLDOWN...NOW ENJOYING THE FRUITS OF HRC RUN UP RECENTLY LEH ??
CLEARLY FROM HIS WRITING HE WANTS THE EXISTING HOLDERS OF HRC TO SELLDOWN, SO THAT HIS GANG CAN PICK UP CHEAP LOH...!!
IF HE REALLY SUPPORT HRC PRICE RISE, WHY HE TARGET LOYAL HRC INVESTORS TO SELL LOH!!....IF HE WANTS HRC REFLECT FAIR VALUE OF RM 15.00 RIGHTFULLY HE SHOULD JUST TARGET NEW INVESTORS TO BUY AND ENCOURAGING THE EXISTING INVESTORS TO JUST HOLD ON FOR FAIR VALUE RISE OF RM 15.00 AS PER HIS TARGET LOH...!!
THE WAY HE DID IT, WITH VERY BAD INTENTION LOH...!! FURTHERMORE HE WANTS RAIDER TO COOPERATE TO GET OUT OF HIS WAY, WHICH RAIDER DISAGREE LOH....!!
GENERAL RAIDER WILL NOT ABANDONED LOYAL HRC INVESTORS, JUST TO GIVE FAVORS JUST FOR A FEW BANDITS, TO GET CHEAP HRC SHARE BCOS THEY SOLD OF NOW WANT TO BUY BACK CHEAP MEH ??
CONSISTENT INTEGRITY GENERAL RAIDER THINK VERY IMPORTANT, WE CANNOT TODAY ASK PEOPLE TO BUY AND ANOTHER DAY ASK PEOPLE TO SELL, WHEN MISSION NOT ACCOMPLISHED AND OBJECTIVE NOT MET MAH...!! BTW OBJECTIVE RM 15.00 LOH...!!
THOSE WHO SALE OFF & TAKE PROFIT ON HRC, HOPING IT WILL FALL AND BUY BACK CHEAPER, RAIDER NO OBJECTION.....!! BUT DON GO AND SPREAD FALSE & FEAR NEWS, TO MISLEAD THE LOYAL INVESTORS TO SELL CHEAP LOH..!!
RAIDER ADVICE THE FOLLOWING LOH;
The bottom line...be a gentlemen loh...if u have sell off...and still like...go and quietly buy back hrc loh...!!
If u cannot buyback...refuse to chase...then f..ck off...no one owe anything for u loh...!! Look for another good stock loh...!!
Don try to manipulate & bad mouth to buy cheap..bcos people also know HRC is good too mah....!!
They also want to buy cheap mah...!!
For seller...u think they are stupid to sell cheap cheap leh ??
If they panic....they would have selloff few days ago mah...!!
those who hold on would want higher & higher price loh...!!
Shell’s history more or less demonstrated the extreme pessimism (in fact, a valid one) at one point in time. While its turnaround is also very valid and justified, we must not forget the fact that the underlying fundamentals of the energy market is forever volatile. Crack spreads won’t stay high or low for long. So called mean reversions are also ever changing because too many circumstances are involved. Oil refiners are always in a very vulnerable position of getting squeezed from either side or even both sides of the value chain they are operating in.
To assign a maximum PE (whether on a relative or absolute basis) to current earnings is to assume that current events will unrealistically stay constant for a very long time. Incorporating a margin of safety is never about paying a cheaper price than fair value. It is about paying a price that takes into account the unsustainability of optimistic and pessimistic performances. So fair value is supposed to incorporate this margin of safety. Looking at long-term is not about forecasting how much a business can earn in the next 10 years or so, but it is all about understanding what we are certain to encounter in the long-term.
Forecasting that the market price will hit a certain amount within the year is neither right nor wrong. However, we need to understand that such a short term forecast without taking into account the long-term aspect of valuation is pretty much forecasting on how many more people are out there who are willing to pay an ever increasing price before realising that they have become the Greater Fools.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
LaiHuatAhh
162 posts
Posted by LaiHuatAhh > 2017-09-01 21:13 | Report Abuse
u r already wrong when the moment you put hrc and petronmn as a same thing...