Dont SELL yet. This is value investing. Not only goreng. EPS solid at 51 cents. Oil price go up again. VAccine in, oil go up much more. By Q1 next year, Heng yuan profit might hit much higher. IF u use a very low PE of 6, Henyuan at least RM10. AT LEAST. So now only RM6, still got long way to run. Golden Target is still RM18 and it is not IMPOSSIBLE
GO TELL UR GLOVE buddies to quit glove. Cos its no longer in play. no matter what good news come. Just go into rotation stocks. Hengyuan is proven profit
Hope and pray that those who made huge profit would be like the only one (who was amongst the 10 lepers healed) returned to JESUS THE HEALER and gave thanks to HIM . Be grateful and STOP cursing the one who helps )
Brent crude oil prices rose 0.94% to US$49.65 (RM201.78) today after OPEC+ agreed to ease output cuts more gradually than previously expected, adding 500,000 barrels a day in January, a quarter of earlier expectations.
In a note today, Maybank Investment Bank Research analyst Liaw Thong Jung said with oil prices now sustained at above US$40 per barrel, nearing US$50 per barrel, the O&G sector is slowly moving towards a recovery.
Meanwhile, Fitch Solutions recently revised its crude oil price forecast for 2021 higher to US$53 per barrel, from US$48 per barrel, with global growth rebounding on vaccine uptake and Covid-19 headwinds easing through the year.
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....
investorbat
1,430 posts
Posted by investorbat > 2020-12-04 11:40 | Report Abuse
this horse no need to rest ? all the way to 6?