This e who buy high thinking it will g higher, kena kao kao. I am sorry for you all. Careful. This pe and that pe..All hard. Market rules by people's emotions ..
I decided to sell 7,500 Hengyuan at 6.94, I have to accept the fact that this stock is very difficult to invest. When Crack Margin is good, we will Forex loss. I will drop this stock from my watchlist. Pls be informed. Tq. Ooi
I decided to sell 7,500 Hengyuan at 6.94, I have to accept the fact that this stock is very difficult to invest. When Crack Margin is good, we will Forex loss. I will drop this stock from my watchlist. Pls be informed. Tq. Ooi
Ans : I just send out to my subscribers, immediately he posts my article in I3. How low class is this person ? I believe he is very thick skin. Never mind, Karma will hit hard on him.
This person wants to start a training business, he used dirty way to do it. He subscribed to my article and posts it to his students to collect high fee. He used unscrupulous way to do business, I strongly believe he will fail badly. Bad news spread faster than good news. Chinese saying, "Heaven makes mistake, human still can forgive. Human makes mistake, he will be killed"
He still feel very proud of his action. Low class person will feel happy this way.
At 9.53am, the counter was trading 73 sen or nearly 10% lower at RM6.70 a share on the back of 1.23 million shares traded.
The group said in a stock exchange filing that its net profit slid 21.1% to RM66.6mil for Q2 ended June 30, 2018, from RM84.41mil a year earlier due to the impact of rising crude oil prices on its margins.
For the first six months of 2018, Hengyuan's net profit fell 58% to RM153.41mil from RM363.89mil in the same period in 2017.
"The Company is currently undergoing a planned major statutory turnaround which commenced on 6 August 2018 and is expected to complete late October 2018. Accordingly, revenues for the current financial year will reflect the anticipated reduction in sales and production volumes," it said.
The whole market is full of hit and run contra kakis......buy low sell high and wait it to drop and buy again . This trend apply to most of the stocks now. Cannot expect it to rise like recent times already lah. Untung sikit semua pun belah . Salah beli tinggi mampus kaw kaw ...... hahaha !!!!
Hengyuan has to incur $48mil (RM200mil) additional expenses for Clean Air Regulation Project in its PD refining complex, it's to be completed by June 2019 ...
Gruesome business. More capex requirement. Hengyuan invests RM 119 mil in clean air project to ensure the refinery's emissions comply with the clean air regulation requirements (CAR), mandated by the Malaysian regulatory authorities.
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....
Ekkram
763 posts
Posted by Ekkram > 2018-09-03 09:37 | Report Abuse
Denm, falling like no tomorrow.