Posted by stockraider > 2019-01-22 11:02 | Report Abuse

The concept is simple, if u ask a taxi driver which is better as a taxi benz or proton ??....everyone will say benz mah...!!

But after factoring the price....they decide to buy proton mah...!!

Same concept mah....do not overpay for quality loh...!!

Posted by probability > 2019-01-22 11:06 | Report Abuse

not a good time to buy (yet)...especially hengyuan...in my opinion

investors need to make use of all visible information...including near terms i suppose

Posted by stockraider > 2019-01-22 11:09 | Report Abuse

Raider says can start to nimble abit loh....!!

U only wallop big when big info visible confirm loh...!!

Posted by probability > Jan 22, 2019 11:06 AM | Report Abuse

not a good time to buy (yet)...especially hengyuan...in my opinion

investors need to make use of all visible information...including near terms i suppose

Posted by probability > 2019-01-22 11:14 | Report Abuse

how if big info is available to short soon?

Posted by Choivo Capital > 2019-01-22 11:16 | Report Abuse

Thanks Unker, i appreciate it. Send me an email, lets meet up if you're in KL.
====

Posted by Icon8888 > Jan 22, 2019 10:57 AM | Report Abuse

learn a bit from you also, Ah Boy

Posted by Icon8888 > 2019-01-22 11:30 | Report Abuse

wait for you to grow up first

Posted by value88 > 2019-01-22 11:41 | Report Abuse

I am also tempted to buy PetronM..rather than Hengyuan. What makes me hesitate is PetronM's coming quarterly earnings may be poor due to poor crack spread in Oct-Dec'18 period and potential stock holding loss as oil price declined quite sharply during Oct-Dec'18 period.

Posted by value88 > 2019-01-22 11:43 | Report Abuse

I am thinking to buy after PetronM reports its Oct-Dec'18 quarterly result by end Feb'19. I probably can get cheaper price then.

Posted by value88 > 2019-01-22 11:43 | Report Abuse

Having said that, PetronM is indeed selling at low valuation and attractive at current price level.

Posted by stockraider > 2019-01-22 12:01 | Report Abuse

U need to know Petron has not spend on any plant upgrade yet mah...once they spend on capex their financial will look bad loh...!!

Unless they decide to close down their refinery, then they can avoid the poor balance sheet loh...!!

Posted by value88 > Jan 22, 2019 11:41 AM | Report Abuse

I am also tempted to buy PetronM..rather than Hengyuan. What makes me hesitate is PetronM's coming quarterly earnings may be poor due to poor crack spread in Oct-Dec'18 period and potential stock holding loss as oil price declined quite sharply during Oct-Dec'18 period.


value88
383 posts
Posted by value88 > Jan 22, 2019 11:43 AM | Report Abuse

I am thinking to buy after PetronM reports its Oct-Dec'18 quarterly result by end Feb'19. I probably can get cheaper price then.


value88
383 posts
Posted by value88 > Jan 22, 2019 11:43 AM | Report Abuse

Having said that, PetronM is indeed selling at low valuation and attractive at current price level.

Posted by qqq3 > 2019-01-22 12:41 | Report Abuse

nasty surprises......like it or not, still have to check against possible nasty surprises......

Posted by qqq3 > 2019-01-22 12:44 | Report Abuse

nasty surprises......like it or not, still have to check against possible nasty surprises......

that is why predictability is a valued commodity.

Posted by paperplane > 2019-01-22 12:46 | Report Abuse

Great icon. Im looking still. Might join you later... Hehe

Posted by qqq3 > 2019-01-22 14:23 | Report Abuse

$12? sure or not? This thing will eventually serve as production center and all the products send to China, subject to transfer pricing.....remember RAPIDS.

This thing is here not to make money for u minorities but to serve China.....

Posted by PotentialGhost > 2019-01-22 15:26 | Report Abuse

Buy Petronm is right choose.

Posted by Fabien Extraordinaire > 2019-01-22 15:49 | Report Abuse

After DKSH, Hengyuan, Petronm...waiting for more write-ups from Icon.

Posted by dusti > 2019-01-22 16:00 | Report Abuse

OK if you have plan to distribute ANG POW

Posted by tftey > 2019-01-22 16:27 | Report Abuse

Probably you can get at lower price by end February especially with Hengyuan

Posted by 3iii > 2019-01-22 17:39 |

Post removed.Why?

Posted by 3iii > 2019-01-22 17:42 |

Post removed.Why?

Posted by stockraider > 2019-01-22 17:48 | Report Abuse

Use brain to think mah...!!

1. Crack is the lowest, it is best to buy bcos share price undemanding mah....it will usually normalise bcos it is cyclical mah...!!

2. margin of safety preposition : Come up a equivalent Plant like hengyuan, it will cost at least Rm 10 billion or more mah....!!


Posted by 3iii > Jan 22, 2019 05:42 PM | Report Abuse

What I gather from reading icon8888's post.

The crack spread margin is at its lowest. Crack spread margin is cyclical. Therefore these stocks are at their cyclical lows. Therefore, got margin of safety.

Posted by 3iii > 2019-01-22 17:48 | Report Abuse

http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C45852900


http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C458C1820


http://www.corporateinformation.com/ImageSvr/Chart.ashx?T=SS&C=C45878390

Posted by 3iii > 2019-01-22 18:20 | Report Abuse

Buy companies with strong histories of profitability and with a dominant business franchise.

Posted by stockraider > 2019-01-22 18:23 | Report Abuse

but don overpay loh...!!

Posted by 3iii > Jan 22, 2019 06:20 PM | Report Abuse

Buy companies with strong histories of profitability and with a dominant business franchise.

Posted by 3iii > 2019-01-22 18:24 | Report Abuse

The ability to say NO is a tremendous advantage for an investor.

Posted by supersaiyan3 > 2019-01-22 18:25 | Report Abuse

You broke my heart when you talk about warrant (unimech-wa?), you nearly killed me when you talk about priceworth....(and what’s wrong with you buying jaks-wa, no offence)

I am pleased you come back to the right path. Great move!

Posted by 3iii > 2019-01-22 18:27 |

Post removed.Why?

Posted by Alex™ > 2019-01-22 22:34 | Report Abuse

don buy pls

Posted by Alex™ > 2019-01-22 22:34 | Report Abuse

and also dun buy PE168 company

Posted by newbie8080 > 2019-01-23 09:16 | Report Abuse

Good write up

Posted by GrahamNewman > 2019-01-23 16:43 | Report Abuse

Munger once said his investing strategy is akin to "sit on your ass" investing. Indeed one had to do the legworks and have the right temperatement for this strategy to work, else they won't be able to sit alone in a room and think and left the room rather hurriedly when they hear some bad news.

Posted by Aseng > 2019-01-24 10:16 | Report Abuse

icon888,

good buy . petronm is my wife

Posted by Aseng > 2019-01-24 10:24 | Report Abuse

this year I got 4 wives that i will keep till end of the year to see whether it still takes good care of me or not , others just hit and run to test my lucks
petronm is one pf them . still reluctant to let go though the price seems disappointing but i really like its business model

Posted by Icon8888 > 2019-01-24 10:25 | Report Abuse

Petronm better than hengyuan

Posted by Aseng > 2019-01-24 10:31 | Report Abuse

better or not not better God know

I only know holding petronm can sleep well

Posted by Aseng > 2019-01-24 10:33 | Report Abuse

as I grow older ,
sleep well is more important than seeing your big profit tomorrow

Posted by Icon8888 > 2019-01-24 10:36 | Report Abuse

You don't need to be god to know

There are objective facts to substantiate

I don't simply say things

Posted by Aseng > 2019-01-24 10:37 | Report Abuse

growing older doesn't mean no entertainment
hit and run is a good choice
win, you got the pleasure of a lucky bet in 4 ekors
lose , there is always a better next bet

right ?

Posted by Aseng > 2019-01-24 10:40 | Report Abuse

ekovest , I like highway
petronm , refinery cum retailing
hibiscus, matched my pa-zhi
krono , big data

Posted by Icon8888 > 2019-01-24 10:44 | Report Abuse

Ekovest I like also

Just a bit worry about PH asks them to cut construction margin

Just a bit worry

Posted by Aseng > 2019-01-24 10:45 | Report Abuse

life is simple , just do or invest in what you like

when you are old , what you like comes first ,profit will come by itself

Mr market is crazy , if you think you understand what a crazy man thinks, then you will die hard standing

when your investing theory is simple , your life is simple

Posted by Aseng > 2019-01-24 10:51 | Report Abuse

1. you must believe PH that we had elected is a responsible government

2. it is ruled by the principle of "rule of laws" NOT " ruled by manifesto"

3. nation needs construction to build

4. No nation will kill a good businessman who bring in good tax

5. there is no enemy in politic , there is only good partners





Icon8888 Ekovest I like also

Just a bit worry about PH asks them to cut construction margin

Just a bit worry

Posted by Aseng > 2019-01-24 10:53 | Report Abuse

Posted by Aseng > Jan 24, 2019 12:03 AM | Report Abuse X

Mr market is a crazy guy
If you think you understand what a crazy man think you will die hard standing at the end
The best is still dumb dumb hold a stock that worth RM1. 50 at the current price of 52 sen and do nothing but knowing we'll that Duke will generate more and more cash every quarter and worth more and more value as time go by.

Posted by Aseng > 2019-01-24 10:55 | Report Abuse

Mr Market gives him a good and hot slap right on the face



Posted by qps9999 > Jan 24, 2019 12:06 AM | Report Abuse

EVOKEST condition is not good..tommrrow will go down

Posted by RainT > 2019-01-24 16:10 | Report Abuse

EKOVEST is highway toll

WCEHB also is highway toll


Which one is better and good? EKOVEST or WCEHB?

Posted by Connie555 > 2019-01-25 00:21 | Report Abuse

Oh mai god come back from vacation see my son at there PLP icon8888 again i buay tahan liao....


Aiyo I thought i am the only one feel like everything other than himself is unethical and cynical....let me remind u something son, please stop your PLP bullshit....please remember how u start the fire on everyone else included icon8888.....

but its ok, normal symtoms as investor always fail to remember the past or history....




Stock: [JAKS]: JAKS RESOURCES BHD

Sep 14, 2018 11:43 AM | Report Abuse

I bet you make way more from overly optimistic people who follow you :)

There is a very fine line between being realistic and cynical.

And for the person making money off the optimist, it might be best for him to imply those who are realistic as cynical individuals, and hope that whatever said, does not dampen the exuberance of the foolish optimist.

=====


Posted by Icon8888 > Sep 14, 2018 10:59 AM | Report Abuse

ok ok whatever...

why are you so cynical ? everything people said you will imagine ulterior motive, cheating, etc... aiyohhhh why I keep bumping into people like you... that means there must be a lot of cynics out there...

good also lah... cynics cannot think straight... easier to make money from them..

I encourage you all to continue your way of thinking ... good good good...

Posted by Nicholasming91 > 2019-01-25 00:29 | Report Abuse

Hengyyuan ok la.. cash increase 600m,

Posted by paperplane > 2019-02-10 04:29 | Report Abuse

Absent,I like all your picks

Posted by paperplane > 2019-02-10 04:29 | Report Abuse

Aseng

Posted by leichongyui > 2019-11-20 08:19 | Report Abuse

@icon8888, what is your opinion to Hengyuan now? Still good future ?