crack spread chart shows march to may above rm8 but that time hengyuan already dropped more than 50% to rm6 range, now crack spread at almost half compare to months before but hengyuan trade sideways at rm6...perhaps already factored in, or big holders want to wait till aug qr to decide.
it does not look like the big funds are in this stock any more. Without them, it is tough to go up again. The crack spread is also not exciting like before. It would be better to switch to other stocks.
no crash in bursa but slow death,everyday down then rebound a bit so can catch the greedy ikan bilis,if straight down cannot catch any cos ikan bilis will run 1st
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....
JokerT
1,391 posts
Posted by JokerT > 2018-07-09 10:45 | Report Abuse
nah.... Hengyuan gameover already.