Posted by SuperPanda > 2020-12-07 12:23 | Report Abuse

ha ha, good one ahpang !
_______________
pang72 Rm3 kankang spread no good..
RM4 kankang spread negative

Rm6. 60 kankang spread is tipu.

Rm10... Kankang spread back to positive.... Hahah..

The game as usual!! No change
07/12/2020 12:16 PM

Posted by pang72 > 2020-12-07 12:26 | Report Abuse

Panda, happy to ride together with you...!!

Rm10.. Sure come la!!

Posted by kakashi > 2020-12-07 12:30 | Report Abuse

Rm8 by this month
Congrats guys... Good earning

Posted by staedy > 2020-12-07 12:40 | Report Abuse

anyone can explain why the price suddenly shoot up? what is the TP?

Posted by kakashi > 2020-12-07 12:41 | Report Abuse

Before next quarter result out should reach rm10 to rm12. That's the fair value for eps 51 cents coupled with good sentiment on oil

Posted by Sslee > 2020-12-07 12:45 | Report Abuse

For long term investment PetronM is better than HRC due to PetroM retail earning and dividend paying.

Posted by see2sea > 2020-12-07 12:47 | Report Abuse

Wow..good..i want to see cross rm10..kekeke

Posted by Sinoboy > 2020-12-07 12:48 | Report Abuse

End December, who will be no1, hy or petron...

Posted by kakashi > 2020-12-07 12:54 | Report Abuse

i already start talking about this stock when i bought it at 4,18. Do not sell. Now only pick up. look at 1 year horizon. Dont look at today tomorrow.
Hengyuan rebound from all time low oil price of USD20++ and now its 45. Next quarter almost confirm profit will continue to increase. So that gives us about 6 months gaurenteed earning.

Posted by kakashi > 2020-12-07 12:55 | Report Abuse

Now question is how much its worth?
just base on 10 years historical data. Average PE of 9.
EPS of 51 cents should worth about RM10.
Next quarter if EPS hits RM1++, it will go up to RM18. That's almost confirm

Posted by kakashi > 2020-12-07 12:56 | Report Abuse

Lets say Oil price does better than expected due to economy reopening and US concentrate on solar power..renewable energy. IF oil goes above USD60 per barrel. Guess what it will do to hengyuan profit?

Posted by kakashi > 2020-12-07 12:57 | Report Abuse

Finger cross RM10 forst. Then u want to sell, go ahead. Then wait for next Quarter result. If good, aim RM15-18 depend on results. If oil keep on increasing due to internation flights resume, i think it might even be next top glove. RM20-25

Posted by Jokers2020 > 2020-12-07 12:57 | Report Abuse

Dont get trap again like previous year went upbto rm19 n drop like hell

Posted by kakashi > 2020-12-07 13:03 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/2020-12-07-story-h1537445979-Technical_Tracker_Brent_Crude_Oil_Upside_bias_towards_USD50_56_zones_fo.jsp

Posted by kakashi > 2020-12-07 13:04 | Report Abuse

oil bull towards USD55

Posted by kakashi > 2020-12-07 13:04 | Report Abuse

it drop like hell cos of oil price drop. its a reversal. NOw is oil price up and will further boost by economy reopening. Its heading up.

Posted by kakashi > 2020-12-07 13:05 | Report Abuse

Btw, KYY insist on buying gloves...

Posted by Sslee > 2020-12-07 13:07 | Report Abuse

I am only give you the fact and please rebute me if my fact is wrong.

Posted by staedy > 2020-12-07 13:08 | Report Abuse

Brent crude oil prices will average $41.42 per barrel in 2020 and $49.53 per barrel in 2021 according to the most recent forecast from the US Energy Information Administration's (EIA) monthly.

The forecast of oil price is not over $50?

Sorry really want to find out more before putting my last bit of money in share market. Any sifu here can enlighten me please?

Posted by Sslee > 2020-12-07 13:11 | Report Abuse

By the way HRC need a crack spread of USD 3 per barrel to breakeven.

Posted by Larrytrader > 2020-12-07 13:14 |

Post removed.Why?

Posted by kakashi > 2020-12-07 13:16 | Report Abuse

Staedy, forecast is just a forecast. there is no accuracy. Oil price can be volatile. most market will expect USD45-50 in 2021. But a lot of things can happen. What it OPEC+ failed and Russia and SAudi go fro a price war again?

Posted by Abba84 > 2020-12-07 13:18 | Report Abuse

Oil prices slowing down ..could drop to 45 wti ,47 brent as dmands expect sluggish- huge oversupply.!

Posted by Abba84 > 2020-12-07 13:22 | Report Abuse

Oil prices fall as surging virus cases force more lockdowns

Posted by Good_Investor > 2020-12-07 13:26 | Report Abuse

Sad buy at high price 6.66 =(

Posted by stockintalk > 2020-12-07 13:34 | Report Abuse

I bought at 6.40 today just in this morning, good investor, dun unhappy.

https://www.sinchew.com.my/pad/con/content_2389247.html?fbclid=IwAR080YGWJ4JjF9K9OSC4DXrMe5YDaUrsgQvnsMtg2s1tA5MEtc44dWXwBX8

Posted by SuperPanda > 2020-12-07 13:36 | Report Abuse

oil price is another trading platform, got shark, manipulator, hedge and many sort of thieves too, no need to aim too far, brent break usd50 and stay above that already good till 1QF21

the volatility is the nature

most o&g is now trade on sentiment only due to long due sleep and riding on vaccine approval sentiment with hope covid will sllowly dissappear

just ride with the sentiment while it hot

Posted by staedy > 2020-12-07 13:43 | Report Abuse

@superpanda which mean all based on market sentiment and trend, what will be the safe price to enter and exit than?

Posted by wenlijianqinyun79 > 2020-12-07 13:54 | Report Abuse

https://www.theedgemarkets.com/article/petronas-sarawak-govt-conclude-negotiations-executes-settlement-agreement

Posted by huat8787 > 2020-12-07 13:56 | Report Abuse

https://www.bbc.com/news/world-asia-india-55209763

Posted by wenlijianqinyun79 > 2020-12-07 14:03 | Report Abuse

汇通网讯——12月7日，美原油震荡走弱，全球新冠病例激增促使各地重新采取封锁措施。本周开始，疫苗接种工作有望在全世界范围内陆续展开，刺激计划谈判的乐观预期将进一步拖累美元下跌，未来油价整体升势保持良好，有望挑战50大关，不过需警惕病例回升风险。

Posted by mf > 2020-12-07 14:12 | Report Abuse

tp 7.30

Posted by apolloang > 2020-12-07 14:13 | Report Abuse

uncle koon already curi curi play his fav stock and sold part of his supermax and he thought we don't know....hehe

Posted by Sinoboy > 2020-12-07 14:29 | Report Abuse

Today can close rm7 very good already...

Posted by mf > 2020-12-07 14:29 | Report Abuse

Indonesian shares near 10-month high on vaccine hopes; ringgit slips
Anushka Trivedi
/
Reuters

December 07, 2020 13:47 pm +08

Posted by smartly > 2020-12-07 14:34 | Report Abuse

still far from tp rm20.
sapu......

Posted by tiantsai > 2020-12-07 14:41 | Report Abuse

Lol...i still remember few months ago, some people say topglov will like hengyuan drop until 2++, now where are all these sour grapes...i bought heng yuan at 9 that time hold till now, also topglov and supermax...sourgrapes F 0ff...haiyaa....

Posted by cutecutepanda > 2020-12-07 14:46 | Report Abuse

still can buy? scare kena trap a. i see from RM6 to RM 6.6 , still yet buy

Posted by cutecutepanda > 2020-12-07 14:49 | Report Abuse

i buy at 6.66, straight drop? sakit kepala

Posted by cutecutepanda > 2020-12-07 14:50 | Report Abuse

i q back at 6.66 hope dun lose so many. god bless me

Posted by freifeit > 2020-12-07 14:54 | Report Abuse

Technical Tracker - Brent Crude Oil - Upside bias towards USD50-56 zones following bullish neckline breakout

Author: HLInvest | Publish date: Mon, 7 Dec 2020, 9:09 AM

In anticipation of healthy demand outlook, Brent continued to grow USD0.9 or 2% in 1-4 Dec on top of a whopping 26.7% rally in Nov (4QTD: +15%, YTD: - 24.2%). The surge was mainly driven by: (i) OPEC’s commitment to stabilise oil prices after slashing output by 500k bpd last week to 7.2m effective Jan 2021 (vs 2m originally planned), (ii) recent Covid-19 vaccines’ optimism, (iii) buoyant crude oil demand from China, (iv) decreasing US crude oil inventories and (v) more Covid-19 fiscal stimulus (may weaken the greenback and bode well for USD-denominated crude oil). Barring a breakdown below the crucial USD46 neckline, we expect oil prices to gain further strength to USD50-56 territory in the coming weeks.

Posted by Ekkram > 2020-12-07 14:54 | Report Abuse

No need to worry, esok naik lagi seringgit, 1 ringgit per day..

Posted by staedy > 2020-12-07 14:59 | Report Abuse

just bought at 6.67 pretty please don't let me down

Posted by Ekkram > 2020-12-07 15:01 | Report Abuse

Have this counter let you down for the last 1-2 week? Haha

Posted by Roy 8 > 2020-12-07 15:02 | Report Abuse

Want to get burnt again? Look at the past history of this stock! Scary!

Posted by cutecutepanda > 2020-12-07 15:03 | Report Abuse

staedy we are family

Posted by staedy > 2020-12-07 15:05 | Report Abuse

hopefully won't be crying together this week

Posted by cutecutepanda > 2020-12-07 15:11 | Report Abuse

we go find 10Million to push higher and dump. googogo

Posted by staedy > 2020-12-07 15:23 | Report Abuse

if i have 10m than wouldn't be here buying share liao

Posted by paperplane > 2020-12-07 15:33 | Report Abuse

eh, how come block at 6.60............damn