considering all the foreseeable events in the future...Q2 2018 results (worst ever) and the shutdown...upgrade & start up with potential half the throughput....
market will wake up to the fact at present crack spread which is at least 2 USD/brl lower than Q1 2018...it can never generate positive EPS in the future...
the forward looking EPS without any shutdown/upgrade itself is zero.
Current price of 8.22, PE 3.5 has taken into account of such “bad news” in business. HengYuan business is growing, profits is good. I will not expect limit down tomorrow.
means previous selldown is fair and reasonable, those smart one already exit. Anyway, good lucks for all hengyuan investors and also china red chips counters. Cheers
uncle koon sudah cakap u orang no wanna listen.....oil price up refinery profit sure down.that's why these few trading days last min dump a lot at discount price.tomoro likely drop more than RM 1
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....
sfthamsf
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Posted by sfthamsf > 2018-05-21 19:49 | Report Abuse
free fall tmw ...