The daily transaction is small n the crooks can press it down n get on your nerves to collect from the panicky ones.Real poker game until you give up.Hope it is not like other Chinese counters which have no creditability.
When did Hengyuan pay dividend for the last time? 2013? When do you expect Hengyuan to pay dividend again? 2023?
Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.
Sama-sama lah, all are red chips.
Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.
Later on fire will break out in their factories/ refinery.
Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........
I think possible to be RM3.xx after February QR is release in 2019. Based on lower crack spread and crude price going down since early October 2018. Market is giving discount to a lot of companies anyway due to sentiment, especially those that announce low or negative profit.
Today minus 12 sen . Tomorrow need to drop another 8 sen to Rm 5.00 . Looks like someone is manipulating this Is the people in the authorities aware that someone is pressing the price of the stock to a very unreasonable level !!! 这样下去, 小戶完全会死掉!
Posted by ccmeow > Nov 26, 2018 09:52 PM | Report Abuse
Today minus 12 sen . Tomorrow need to drop another 8 sen to Rm 5.00 . Looks like someone is manipulating this Is the people in the authorities aware that someone is pressing the price of the stock to a very unreasonable level !!! 这样下去, 小戶完全会死掉!
Someone purposely suppress the share price? Don't you think HYR at 5.00 not on the high side?
Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD
Dec 31, 2017 07:46 PM | Report Abuse
When did Hengyuan pay dividend for the last time? 2013? When do you expect Hengyuan to pay dividend again? 2023?
Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.
Sama-sama lah, all are red chips.
Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.
Later on fire will break out in their factories/ refinery.
Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........
. AND on Sendai, I remember you mentioned Sendai is expert in steel fabrication?
Sendai supporters all bankrupt already? Still believe super speculator to help you grow rich?
What I can remember is Sendai is 'expert' in steel fabrication. What I can remember is Sendai having multi billion contract in hand.
All these remind me Linear went burst after it reported to Bursa it had received offer worth 1 billion ringgit in Dinding Cooling Tower project which never materialize, and many still believe what has been announced to Bursa is gospel truth.
Auditors report may not be credible just like Xingquan. Auditors report may close one eye to creative accounting like in LICB. Auditors report may raise red flags to the accounts but still not prepare to give qualified accounting report like Parkson.
What else I can say? Don't trust any advice from half past six IB recommendation. Don't believe in super investor's word. Don't take in total so-called professionals in the field they claim they know the best.
Many only see tree instead of forest. Many only see assets not liabilities. Many only see big building without knowing things are already rotten inside. Many only see company's turnover getting bigger and bigger but never realize profit become smaller and smaller.
What you need to do? 1. Know fundamentals of your company 2. Know your Directors 3. Know company's prospect and vision 4. Know quality of company's management, it reflects company's work ethics 12/11/2018 15:31
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....
Tongkarat
7,587 posts
Posted by Tongkarat > 2018-11-22 15:38 | Report Abuse
Aiyoyo...