Just hold till Q1 out Ignore daily fluctuations It seems that there is consensus Q1 will be lower If Q1 comes out above expectation, price will follow too For me I am pretty sure Q1 will be above expectation I am expecting Q1 EPS 60sen.
And KYY can't be dumping now cos HY sentiment is too fragile at the moment with all the fear mongering here almost everyday. He's not only one who bought at 6+ I bought 6+ too and many others It make sense to believe he also bought at 7+ & 8+, maybe even 9+..
I am famjenny my i/d is hijacked by 100006972005271,all my two comments abovementioned above are not under my but 100006972005271,can i3 administrator check who is the culprit.
Probability,don't joke about God's holy spirit if it is done purposely it is sinning against God who will not forgive your sin.It will not bring any blessing to you.
Good luck for those who still holding Hengyuan. i have to take profit today. not dare to play with this crazy counter again. Hope hengyuan will come back to 18 within 3 years.
If so sure about butt spread, just short or long it No need come here wasting time talking about it It's been said many times & proven here, butt spread is not the only thing influence HY profit.
High capital expenditure, need to invest to update to regulatory requirements.
Uncertain earnings (highly volatile based on uncertain and volatile refinery margins)
Products are commodity, sold based on competitive pricing.
Specific to Hengyuan:
A period of neglect due to under-investment in capital expenditure.
Need to spend 800 million to upgrade to regulatory requirements.
The present upgrade is going to take about 2.5 months and management has guided that there has been a delay already.
Company carries significant debts which are presently rolled over.
Its cash pile will soon disappear after the upgrade.
Net profit was particularly high in 2017 due to various factors that were temporary and not sustainable. Net profit margin going forward will probably be around 3%.
Capital expenditure to maintain the refinery is probably about 200 million annually.
Remember godfather rule no.1: no stock can go up indefinitely. Rule no.2: Profit is not a dirty word Rule no.3: I'm not obliged to tell u when I start selling. Rule no.4: if u forget the above 3 rules,go bang ur head and repeat it again.
Ehhh....I only repeat godfather golden rule for educational purpose oni. No ill intention le. By the way, how u know god father is no selling? U his ma Cai ka???...lol
Tung,you can change back by going to your profife where you find your name,click it n save it.You sign out first then sign in n go to profile n change it.Somebody nasty did it.
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....
gsi723
903 posts
Posted by gsi723 > 2018-04-17 19:03 | Report Abuse
People more careful now, not dare to push up high high