Posted by Is HY Dead? > 2018-05-22 19:27 | Report Abuse

as long the company is still earning money, p/e <10, still a worth buy.
rm6-7 is very reasonable.
hari raya promotion is here.
mari mari beli beli.....

Posted by Is HY Dead? > 2018-05-22 19:33 | Report Abuse

TARGET 2018 EPS RM 1-2.
Given worst scenario, 2017 EPS RM3/1.5 = RM 1.5.
Still a growth stock.
Where to find stock with high EPS at RM7?
Dun know all why go goreng PH related counter? Mahathir counter? ...

Posted by Lee Yih Yeong > 2018-05-22 19:33 | Report Abuse

Next quarter will be lower than this result. I think tp 4/5 is reasonable

Posted by ArchangelAmbrose > 2018-05-22 19:34 | Report Abuse

oh.thise who r still praising Hy. go on please, make sailang in this share. you can retire earlier....

Posted by apple168 > 2018-05-22 19:41 | Report Abuse

We miss the chance to short HengYuan today as bursa blocked short selling today.. tomorrow is the day to short HengYuan kau2

Posted by Is HY Dead? > 2018-05-22 19:43 | Report Abuse

cheap enough already la. lowest rm6 la... then can sailang kao kao, why like to short short?

Posted by Is HY Dead? > 2018-05-22 19:44 | Report Abuse

still profit...
no worry

Posted by TheContrarian > 2018-05-22 19:46 | Report Abuse

Study the QR, real EPS only one sen. That's why dividend only two sen.

Posted by Is HY Dead? > 2018-05-22 19:47 | Report Abuse

keep for another few quarters.....
don't speculate, but invest...

Posted by Is HY Dead? > 2018-05-22 19:49 | Report Abuse

TheContrarian > How you get the EPS only 1sen? Please show the calculation. Thank you.

Posted by apple168 > 2018-05-22 19:54 | Report Abuse

Mirror mirror on the wall: where to get bulletproof shield for HengYuan to withstand short selling this week?

Posted by Is HY Dead? > 2018-05-22 19:55 | Report Abuse

that forex loss then all sell this stock? only forex translations, not realised fores loss...

Posted by TheContrarian > 2018-05-22 19:58 | Report Abuse

But if ringgit continues to appreciate against the USD then Forex loss will worsen.

Posted by Is HY Dead? > 2018-05-22 20:15 | Report Abuse

eh, please be more reasonable.... rm1.80? rm1.50? that company only got cash as asset only meh?

Posted by apple168 > 2018-05-22 20:22 | Report Abuse

What will happen if HengYuan AGM disapprove dividends to shareholders? Another bad news to digest by the market...

Posted by traderman > 2018-05-22 20:23 | Report Abuse

confirm reject

Posted by moneypedia > 2018-05-22 20:36 | Report Abuse

negative impact, foreign fund keep on selling, profit decreasing,..let see tomorrow movement,expect another low....up bit....down a lot....maybe....

Posted by Is HY Dead? > 2018-05-22 20:44 | Report Abuse

Share the good news is always better than sharing the bad news.

Posted by Is HY Dead? > 2018-05-22 20:46 | Report Abuse

Overall performance of HENGYUAN is still positive. Not to worry...

Posted by Is HY Dead? > 2018-05-22 20:49 | Report Abuse

I remember 6 months ago, wahhhh this forum like hell, all talking tp 20 la tp 22 la tp 40 la..... all good news spreading in this forum, so many sifu also talking about how good how good this hengyuan is it.

why now like this? all talking how bad how bad is it.... tp 1-2-3-4. compared to half year ago the tp 20-30-40-50...... why like this one?

as long as the company is not dead like CAP CSL MSPORTS XINGQUAN etc..

not to worry.

Posted by Is HY Dead? > 2018-05-22 20:50 | Report Abuse

why do you say so? the price will drop to rm1.80? please be more reasonable..

Posted by Alex™ > 2018-05-22 20:52 | Report Abuse

aiyo, why all so bearish? dun tell me u all play idss

Posted by Alex™ > 2018-05-22 20:53 | Report Abuse

tmr open then we know who's the winner =D

Posted by moneypedia > 2018-05-22 20:53 | Report Abuse

last time bullish bro, so tp 20- 100 set, now bearish tp 2-6 set la simple...

Posted by Is HY Dead? > 2018-05-22 20:56 | Report Abuse

they wan to excite themself mah.....
play contra no more fun already no more rasa already
now play the new idss very exciting very thrilling....

Posted by Investor48 > 2018-05-22 20:59 | Report Abuse

Okok...I'm waiting at 5.80 to all in..
Hope tomorrow panic sell for me to sapu..!

Hehe...

Posted by Is HY Dead? > 2018-05-22 20:59 | Report Abuse

but all your tp got achieve or not? highest not even 20... now tp 2-6, give you lowest 6 lor..

Posted by Is HY Dead? > 2018-05-22 21:00 | Report Abuse

5.80 still more reasonable..... than the 1.80 1.50 unreasonable

Posted by titus > 2018-05-22 21:01 | Report Abuse

TheContrarian, u r serious that the profit oni 1c. If like tat, jiak lat a'dy. Tomorrow limit down. I din see thru the AR. But knowing TC as a serious investor, i trust u for it le....
My sifu also say now the investor in HY are at the bottom of the pyramid.

Posted by Sslee > 2018-05-22 21:02 | Report Abuse

Dear all,
From Q1 financial report:
Revenue: RM 3,060,784 ,000
Purchases: RM 2,887,054,000
Gross profit: RM 172,727,000
Gross profit should be revenue- Cost of goods sold
Cost of goods sold = Opening inventory+ purchase –closing inventory.
Opening inventory =RM 1,109,945,000
Closing inventory= RM 1,715,710,000

Option1: Assume the so call purchases are the crude oil purchase then the true gross profit is
RM 3,060784,000 - (1,109,945,000 +2,887,054,000 – 1,715, 710,000) = 779,495,000.

Option 2: Assume the purchases of RM2, 887,054,000 is cost of goods sold
Then the actual Crude oil purchase
RM 2,887,054,000= 1,109,945,000+ purchase- 1,715,710,000.
Purchase= 2,887,054,000-1,109,945,000+1,715,710,000= 3,492,819,000.
It can only mean they are buying a lot of crude oil or buying at very expensive price?
Anyone can check what is the price of crude oil for Jan to March? If they are buying a lot of crude oil that mean next quarter will be super good profit?
Any comment from Accountant?

Thank you

Posted by Lee Yih Yeong > 2018-05-22 21:07 | Report Abuse

Next quarter including shutdown. Will drop gao gao profit..

Posted by pang72 > 2018-05-22 21:16 | Report Abuse

ini kali la...
Ini kali drop "kau kau" la

Posted by pang72 > 2018-05-22 21:16 | Report Abuse

up..semua happy..
down ..semua happy juga!!
adui!! tak faham

Posted by Is HY Dead? > 2018-05-22 21:18 | Report Abuse

company earn money also wan drop and short...
then company lost money wan close shop la? stesen minyak shell gone lor?

Posted by probability > 2018-05-22 21:26 | Report Abuse

Fluctuation in Inventory, Receivables and Payable only concerns with Cash reserve.

Revenue is always compared to its appropriate COGS to derive gross profit.

Gross profit has nothing to do with Inventory!
..............................................


So far, the last 10 years and more, every single qtr, HY consistently only recognizes ~ 10 Million barrel refined product as sales.

Lets not give illusive hopes to investors....

Next qtr results should be S**KS!



Posted by Sslee > May 22, 2018 09:02 PM | Report Abuse

Dear all,
From Q1 financial report:
Revenue: RM 3,060,784 ,000
Purchases: RM 2,887,054,000
Gross profit: RM 172,727,000
Gross profit should be revenue- Cost of goods sold
Cost of goods sold = Opening inventory+ purchase –closing inventory.
Opening inventory =RM 1,109,945,000
Closing inventory= RM 1,715,710,000

Option1: Assume the so call purchases are the crude oil purchase then the true gross profit is
RM 3,060784,000 - (1,109,945,000 +2,887,054,000 – 1,715, 710,000) = 779,495,000.

Option 2: Assume the purchases of RM2, 887,054,000 is cost of goods sold
Then the actual Crude oil purchase
RM 2,887,054,000= 1,109,945,000+ purchase- 1,715,710,000.
Purchase= 2,887,054,000-1,109,945,000+1,715,710,000= 3,492,819,000.
It can only mean they are buying a lot of crude oil or buying at very expensive price?
Anyone can check what is the price of crude oil for Jan to March? If they are buying a lot of crude oil that mean next quarter will be super good profit?
Any comment from Accountant?

Thank you

Posted by apple168 > 2018-05-22 21:28 | Report Abuse

Tomorrow short kau2 HengYuan.. Ini Kali-LAH

Posted by apple168 > 2018-05-22 21:32 | Report Abuse

Better lausai kau2 so that the attending shareholders are pissed off in the AGM and fired the BOD in extreme blast.. we pay the BOD lots of money and this is the outcome that shocked most of us as shareholders..

Posted by moneypedia > 2018-05-22 21:33 | Report Abuse

13lurk want RM0.10 merepek sangat tu xberagak, banyak makan kerepek berajinomoto ni..aiyoyoyo kikiki

Posted by moneypedia > 2018-05-22 21:41 | Report Abuse

talkin bout ayam, we nyanyi lagu ayam jap
Lirik Lagu Ayam - Jalil Hamid

Ayam bermacam ayam
ada ayam kampung ayam hutan ayam siam
ayam turki ayam belanda
macam-macam perihal ayam
hangat-hangat tahi ayam,
sabung ayam nasi ayam telor ayam

ayam hutan boleh terebang
ayam kampung dalamlah reban
ayam bandar di dalam pasar
kadang-kadang ada harga naik harga turun harga

korus:
ibu si ibu ayam
telor sebiji riuh sekampung
hooo...oh ibu ayam
telor dieram anak sereban
kata bidalan berkaki ayam
kalau makan ajak-ajak ayam
kalau nak tidur tidur-tidur ayam
kalau tak nampak itu rabun ayam

makan leher ayam nanti bersanding kepala teleng yam..
makan tonking ayam nanti mulut tak reti diam
makan kaki ayam kais pagi makan malam
makan cakar ayam sakit gigi siang malam

(ulang korus)

makan leher ayam nanti bersanding kepala teleng yam..
makan tonking ayam nanti mulut tak reti diam
makan kepak ayam paha ayam dada ayam
satu tak boleh jangan makan bulu ayam

makan leher ayam nanti bersanding kepala teleng yam..
makan tonking ayam nanti mulut tak reti diam
makan kepak ayam paha ayam dada ayam
satu tak boleh makan jangan makan tahi ayam

Posted by probability > 2018-05-22 21:52 | Report Abuse

call warrant CH to CX...all worth zero.

Posted by WD40 > 2018-05-22 22:33 | Report Abuse

Those who bough HENGYUAN never thought about oil prise increase? Your raw material bcome expensive sure revenue drop and lose money one la.

Posted by GoodBoy > 2018-05-22 23:35 | Report Abuse

IDSS can short 15% tomorrow ... lai lai lai sell/short tomorrow to 6 ... wait for 5 to 6 ...

Posted by Goodgoing888 > 2018-05-23 07:51 | Report Abuse

Good morning everyone. Big or small today? Long or short? Hope everyone huat together.

Posted by 3iii > 2018-05-23 07:55 |

Post removed.Why?

Posted by 3iii > 2018-05-23 07:58 | Report Abuse

Those who follow the dumb dumb hold promotion of dishonest raider have only to blame themselves.

Raider is hard at work in Pudu market. Look for him in ahfah's small shop.

Posted by TheContrarian > 2018-05-23 07:59 | Report Abuse

If you really, really analyse the latest QR the net profit after Forex loss is only RM3.2 million which means EPS is a mere 1 sen.

Posted by Alex™ > 2018-05-23 08:00 | Report Abuse

are you ready for BN~

Posted by Alex™ > 2018-05-23 08:00 | Report Abuse

where is my br1m 4k~

Posted by hollandking > 2018-05-23 08:01 | Report Abuse

ready for what?

Posted by Alex™ > 2018-05-23 08:06 | Report Abuse

aduh, i think i3 didn't sell at RM19, haha