Posted by John Lu 《HENGYUAN upgrade to SIA LANG》 TP RM30 > 2017-12-31 20:07 | Report Abuse

Sia Lang already mah...TP 30

Posted by LA777 > 2017-12-31 20:27 | Report Abuse

Well done and thanks for sharing!

Posted by skyhawk > 2017-12-31 21:11 | Report Abuse

Good luck to u...

Posted by Cnlim > 2017-12-31 21:25 | Report Abuse

Your analysis is good for reading

Posted by continental > 2017-12-31 21:26 | Report Abuse

thanks for your response. Based on your answer and also some advice I got from my TA friends, I decided to buy on break out. Your answer on (4) where the price will move up quickly on breakout seems similar to what friends told me. Here are their advices.

"According to my TA friends, buy on break out is important and smart move from TA perspective because it confirm the trend is still intact. For example, for Hengyuan to go RM30, it must break RM19.20 successfully. Their argument is that, it is pointless to buy if trend is over. Vice-versa, it is never too late to buy if trend is confirm intact. "

Posted by martinam > 2017-12-31 21:30 | Report Abuse

The Chairman of HY Malaysia is also Chairman of HY China. HY China is a success and now he wants the same success for HY Malaysia. He has personally told Raider that he is not interested in bonus issues and share splits. Perhaps, he gets emense satisfaction and pride when he proves to his countrymen that HY's success is no fluke and can be replicated outside China. So, how is he to prove that HY Malaysia is a success - from the price of the share of course! The higher the better! Do you believe he can do it?

Posted by Cnlim > 2017-12-31 21:37 | Report Abuse

Yes provide HY consistently churning minimum 2 dollar per share for 3 years n HY will fly ✈

Posted by Adrean > 2017-12-31 22:17 | Report Abuse

Good info

Posted by njue76 > 2017-12-31 22:21 | Report Abuse

Never sell..buy only

Posted by martinam > 2017-12-31 23:38 | Report Abuse

China State oil refineries are envious of HY China because it outperforms them. You can say that Chairman HY has a mission. Let's believe in him.

Posted by stockraider > 2018-01-01 11:34 | Report Abuse

Hengyuan: My Understanding - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Mon, 1 Jan 2018, 10:10 AM

On the last trading day of the year, Friday morning the price of Hengyuan shot up to Rm 19.20 from Rm 17.96, the closing price of the day before. Many people believed fund managers would push the price higher for window dressing.
The price has risen from Rm 3.00 to Rm 19.20, an increase of 640% within 12 months. This phenomenal rise has created history in our local stock market.

Let us look at last Friday’s figures:
The closing price of Thursday Rm 17.96
Opening price on Friday Rm 18.42

Day’s high Rm 19.20
Day’s low Rm 15,94’
Closed at Rm 16.30.

Total volume traded 127 million shares.
Estimated value 127 million shares X say Rm17 = Rm 216 million.

Obviously, there were more sellers than buyers on Friday. As a result, the price fell.

As I said many a time, no share can go up or come down continuously for whatever reason. Sooner or later, there will be a price correction. After about 2 hours of trading, the price suddenly dropped more than Rm 3 within 30 minutes.

There are various types of shareholders. Some are day traders who buy and sell frequently. Some are short term investors who will sell when the price achieves its target. Some are serious long-term investors who would buy based on good fundamentals and hold for a long time.

Statistics shows that long term investors make more money than the other types of investors and there are more losers than winners in day trading.

On Friday, obviously there was panic selling. I think even the long term investors were also selling.
Many of my friends who have followed me to buy Hengyuan asked me for my opinion. What should they do?

It is a matter of human psychology. Sellers are fearful that the price will continue to drop and buyers believe the price will soon recover and will continue its climb.

Its fundamentals have not basically changed.

Based on the unusually high volume traded daily, I believe many institutional investors from China are buying aggressively. They are so bullish because they can see that both its revenue and profit are increasing. Its 1st half year EPS was Rm 1.20. Its 3rd quarter EPS was Rm 1.21 and they expect its 4th quarter EPS to be more than its 3rd quarter because its crack spread or profit margin has been better during the 4th quarter as shown in the Crack Spread chart below.

Hengyuan’s profit essentially depends on its margin of profit or crack spread, EXCHANGE RATE AND CRUDE OIL.

Petron Refining in comparison with Hengyuan

Its half year EPS was 73.9 sen. Its 3rd quarter EPS was 39.3 sen. The total EPS for 3 quarters was 113.2 sen.
On Friday it dropped Rm 1.06 to close at Rm 13.54 per share.

Hengyuan is very much cheaper in terms of P/E ratio.

My opinion:
Looking at the huge volume of 127 million shares traded last Friday, I believe there were many institutional investors who have been buying aggressively, took advantage of the cheaper prices to buy more than usual.
I strongly believe its share price will continue to rise especially when its annual result is announced before the end of February 2018.

RAIDER OPINION:
U NEED TO KNOW HENGYUAN PE 5X IS CONSIDER A SMALLCAP COMPARE TO PETDAG PE 20X, WITH ONLY 300 MILLION SHARE V PETDAG 1000 MILLION SHARE.

IN TERMS OF EPS AND ABSOLUTE EARNINGS HENGYUAN ACTUALLY EXCEED PETDAG BUT HENGYUAN MKT CAP IS RM 5 BILLION V PETDAG RM 24.5 BILLION, USING COMMON SENSE AND JUST BASIC MATHS, U NOTICE THE GAP BETWEEN HENGYUAN & PETDAG IS VERY WIDE, THERE IS A BIG LEG ROOM FOR HENGYUAN TO FURTHER ADVANCE TO CATCH UP WITH PETDAG VALUATION LOH....!!

THE CHINESE FUND IS VERY HAPPY WITH HENGYUAN PE 5X, WHEN THEY COMPARE TO THE VALUATION OF THEIR OWN REFINERY LIKE SINOPEC PE 13.5X AND WARREN BUFFET REFINERY PHILIP 66 PE 22X LOH....!!

Posted by probability > 2018-01-01 19:20 |

Post removed.Why?