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70 comment(s). Last comment by ty Y 2022-11-30 11:40

Zhuge_Liang

2,360 posts

Posted by Zhuge_Liang > 2022-06-17 14:28 |

Post removed.Why?

nicholas99

9,820 posts

Posted by nicholas99 > 2022-06-17 16:50 | Report Abuse

So bad.. guru.. if his chart really work.. he should made a fortune. but he admit he loses money. or he doesn't trade according to chart? or? only he knows. too unstable for people to follow.

ahbah

6,029 posts

Posted by ahbah > 2022-06-17 17:03 | Report Abuse

Then, his chart will be a moni printing machine non stop !

tehka

1,928 posts

Posted by tehka > 2022-06-17 17:45 | Report Abuse

Dear uncle, surely friendship is more important than money!

Lewis Lee

1,598 posts

Posted by Lewis Lee > 2022-06-17 20:58 | Report Abuse

like one cantonese saying :-
Got money, people will treat you like brother,
No money, people will treat you like gigolo !
"Yao Qing jio Heng Tai
Mo Qing jio Kai Tai "

skoh888

1,017 posts

Posted by skoh888 > 2022-06-18 20:57 | Report Abuse

well said qqq3333...and we know the best of them!

skoh888

1,017 posts

Posted by skoh888 > 2022-06-18 20:59 | Report Abuse

The facts and evidence points to a recession in the coming months. When asset prices drop rapidly as they have been last week after the 75 basis rate hike on Wed, shows recessionary fears outweigh any argument out there

skoh888

1,017 posts

Posted by skoh888 > 2022-06-18 21:01 | Report Abuse

Only positive we can get from the aggressive stance of the Federal Reserve is that they have recognize the recessionary fears caused by hyperinflation that their swift action may deter a prolong phase of recession if it does happen

skoh888

1,017 posts

Posted by skoh888 > 2022-06-18 21:02 | Report Abuse

Since inflation is the primary cause of the recession, arresting the problem by multiple rate hikes will crimp demand of commodity prices and bring down prices

calvintaneng

53,164 posts

Posted by calvintaneng > 2022-06-18 23:16 | Report Abuse

As I see it

In 1970s Crude oil went up due to Arab oil embargo

Since then Crude oil no longer sell at Usd3 or Usd10

It has gone up as high as Usd 140 and dropped to USD50 and then up again to usd120

We see that now in Ron 97 petrol going up from Rm2.70 to over Rm4.50

Now world weather havoc is doing damage to crops plus the Ukraine war that destroyed even more food grain and sunflower oil

so Cpo prices will find a new normal just like Crude oil did in the 70s - 4 years of stagflation from 1970 to 1974

So the rise of Palm oil Cpo will now trade at Rm5000 to Rm7000 range (was Rm2000 to Rm2500 since year 2018)

And we will see Stagflation

recession but still very high food prices just like in 70s high oil prices

Better invest in palm oil stocks now

calvintaneng

53,164 posts

Posted by calvintaneng > 2022-06-18 23:22 | Report Abuse

In very bad times people like Robert Kuok prodpered holding to palm oil shares

And that he became Top Rm40 billionaire when palm oil cpo only ranged Rm3000 to maximum Rm4000

Now that Cpo trades at Rm5000 to Rm7000 we will definitely see Great earnings trend have come for palm oil companies

High and persistent Cpo prices above Rm4500 to Rm5500 already very very very good if it lasts from 2022 to 2024

All palm oil co will see debts melt away and it's coffers overflow with Billions and Billions Cash $$$

pang72

47,387 posts

Posted by pang72 > 2022-06-20 10:27 | Report Abuse

Conclusion of the uncle article saving many from losing huge in hengyuan. Agreed? 16Jun 4.8 and 4.3 20jun equals to 50c saving!!

Zhuge_Liang

2,360 posts

Posted by Zhuge_Liang > 2022-06-27 17:16 | Report Abuse

Refinery stock will perform very well in 2022.
Hope that the uptrend has started.
Is it very wrong not to cut loss for Hengyuan ?
Mr Market will tell us.

speakup

25,000 posts

Posted by speakup > 2022-06-27 21:40 | Report Abuse

KYY has lost all his credibility. when he say buy, everybody else sell. when he say sell, everybody buy.
ppl see KYY as a liar

maf1964

466 posts

Posted by maf1964 > 2022-06-29 22:54 | Report Abuse

dont trust KYY. i rather trust Mahatir

williamtkb

3,216 posts

Posted by williamtkb > 2022-06-29 23:38 | Report Abuse

Trust your own...

nicholas99

9,820 posts

Posted by nicholas99 > 2022-06-30 09:04 | Report Abuse

kyy need money to buy helicopter. haha

Junichiro

2,036 posts

Posted by Junichiro > 2022-06-30 09:10 | Report Abuse

Posted by OTB > 13 hours ago | Report Abuse

He is responsible for the share price of Hengyuan to drop.

Well, KYY controls the market ? I do not buy this. Those speculators who move the price up n down have more bullets than him.

ty Y

130 posts

Posted by ty Y > 2022-11-30 11:40 | Report Abuse

What should you do? If you read this article carefully, you should know what to do.

Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress the share price of Hengyuan further. That was why I wrote to the Admin of i3investors to withdraw all my previous postings on Hengyuan. Introspect I should not have withdrawn all my postings to encourage readers to sell as soon as possible to save their hard-earned money.

In fact, just a few days ago, on 11th June Mr Ooi sent out his circular letter to encourage all his subscribers to hold on to their Hengyuan shares to win big or to make more money. All his subscribers have been misled. I am one of the victims. That was why I delayed selling all my holdings. Now I regret that I did not sell all my Hengyuan shares earlier. If I sold earlier, I would save some money.


The above is Hengyuan price chart which is showing down trend. Mr Ooi teaches chartings as he is an expert. He should have advised all his subscribers to follow the chart to sell instead of telling them not to sell to win big. The price chart cannot lie. It is a record of the daily trading. Down trend can only mean there are more sellers than buyers every day. I should have followed the price chart which is showing down trend instead of following the advice given by Mr Ooi.

Hengyuan reported reduced EPS of 15.82 sen for the quarter ending March and EPS of 59.9 sen for quarter ending December 2021. As a result, many investors are rushing to sell their holdings.

The daily traded volume is several millions of shares. Even financial institutions or syndicate cannot stop Hengyuan from dropping.

As shown on Hengyuan share price chart above, it started to drop from Rm 7.39 on 19th May to close at Rm 5.05 yesterday. It dropped Rm 2.34 or 32% within 4 weeks. It plunged so rapidly because it reported reduced profit for its quarter ending March 2022.

Its next quarter result ending June might be fantastic. But the result will only be announced before the end of August which is about 2.5 months’ time. At the meantime, every day there are more sellers than buyers to support the share price.

That is why it is dropping continuously. You should know what to do.

Is my friendship with Mr Ooi more important than saving hundreds of investors’ hard warned money?

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