HengYuan is actually earning huge based on crack margin of average USD 8. I suspect management trying to hide the earning from being tax by Malaysia government. Based on simple calculation, HengYuan earning should be more than 300 million. Let’s go and demand an answer from HengYuan management this Thursday during AGM for such illogic report.
At rm 8.29. All priced in already. If it drops before egm. Means good for share buy back. Cash in hand rm 1.1 Billion. Can buy back 20% or 60 Million share easily only left 90 Million free float for outsiders to play
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....
apple168
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Posted by apple168 > 2018-05-21 21:05 | Report Abuse
HengYuan is actually earning huge based on crack margin of average USD 8. I suspect management trying to hide the earning from being tax by Malaysia government. Based on simple calculation, HengYuan earning should be more than 300 million. Let’s go and demand an answer from HengYuan management this Thursday during AGM for such illogic report.