If you want to know what is kindergarten calculations, this is it. No substance but simply based on personal assumptions to paint a very good picture overall. This is also what killed other small time speculators along the way..
Koon has a track record on this stock back in 2017. He made multi million on Hengyuan. Hold back all poor remarks and wait for 3 months to see the result. Let the result tells us the final outcome. Koon bought Hengyuan around 6.00 in 2017, the share price went up to all time high of 19.50 in 2017. I was in the same boat in 2017. I also made my million on this stock. Thank you.
I do not care what name you call me. I know very well that my investment in shares are performing well in the last 12 years. I made multi million in KLSE. I give away a lot of money to charity and I am very bless. Want to beat me or challenge me, you need to wait for next life. This life, I am very sure you cannot do it.
Come on OTB. U old guys no longer on bad terms? Just like old couple fighting only is it and sama2 Huat now. Hahaha. Ya Hengyuan good now no doubt and agreed with u. Just the personality here ppl don’t trust. U know how cunning this uncle K is…. When he want to sell, he go recommend or vice versa. I’m wondering how long will last and divorce again. Haha
Hihihaha! Grandpa Koon the ever king of uturn! One minute tell us why Hengyuan is a bad stock, another minute predict new high for Hengyuan! Next minute, he will say Hengyuan is hopeless!
He was very doubtful of HY’s profitability just recently. Now he changed his mind after seeing an unexpectedly poor results. Flip flop again and that won’t go down well with people!
People remember KYY recent flip flop stance on many counters and very scared to be tricked by him. Without conviction from retail investors, I guess it is an uphill task to break the the last price record in 2017/18.
Why Petron profits beat the hell of Hengyuan leh ?? Ans : It is bcos of Russian Crude mah!
The fact is Philippine do not sanction Russian oil mah!
Thus Petron is able to import cheap cheap Gasoline from the Parent in Philippines as the input of russian crude is only USD 80 per barrel compare to the mkt price of USD 115....which is more than 40% cheaper mah!
This cost advantage augurs well with Petron bcos its refinery in msia which do not use russian crude only produce about 50% of its retail reqn mah!
After HY 1.0 n Glove story (especially glove ghost story), investors now r smarter (n poorer) n they will hardly believe these once in a life time super profit super high ASP super high crack spreads can last that long
No worries CharlesT, Next week he will make a U turn again and write I was misled by so and so to buy Hengyuan. Yesterday I sold all my Hengyuan at a loss.
Immediately after he sold, Hengyuan price will recover to 4 week high again.
The people here are bashing KYY not because he mis-analysed a stock. The reason is because he is always going back on his words and reasoning - what he justifies today, he does a full U-turn the next day - so much so he has lost all respect notwithstanding that he is making millions. And who cares how much he makes
KYY said the company sold forward its refined products and then the crude oil shot up. Wondering why can't the company buy crude oil at the same time they sell forward its refined products?
I hope both Kyy and OTB stop commenting on Hengyuan now everyone panic sell and switch to petronm. ----------------- I promised you your wish will be granted. Kyy agreed not to post his share recommendation in any public forum. I also promised you I will not post my recommendation in I3 again. Thank you.
Trader posing as fundamentalist.Thats why u turn forever n forever.Just admit you are a trader ,uncle kyy.Nothing to be ashamed of as long can make money.Fundamentalist do not change position all the time like you.
What is the key diff in ownership & management between Petron V Hengyuan leh ? Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!
In other words even if Hengyuan going to make good profits, they are not going to share any with u loh!
On the other hand, u can rely on Petron for its good corporate governance mah! And right now Petron is actually making more monies than hengyuan loh!
Many retailers no longer trust what KYY say. How can HY break new high without the trust, conviction and support from majority retail investors or traders? Can you count on local and foreign institutions to push HY's price to frenzy high like 2017/18 ? I have my reservation.
Stick to Petron our reliable corp governance that is willing to share with minority shareholders unlike Hengyuan mah!
Sifu Sslee,
Lu tau boh ?? Hengyuan already writedown its Russia Oil to USD 7 from USD 80 mah! Thats why there is a writedown losses of more than Rm 130m loh!
Since the cost of Russian Oil to Hengyuan is USD 7m whereas the mkt price is USD 80....hengyuan can sell to its china parent at USD 7m at no losses loh!
This how cash can siphon from Hengyuan, quietly mah!
There goes our potential dividend mah!
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Posted by gohkimhock > 2022-06-01 20:59 | Report Abuse
If you want to know what is kindergarten calculations, this is it. No substance but simply based on personal assumptions to paint a very good picture overall. This is also what killed other small time speculators along the way..