Posted by Bullrunrun > 2020-12-09 13:08 | Report Abuse

Target price RM 12 by February 28th 2021
Q4 results is excellent, the sales pick up
many cars on the road now
The inventories was USD 42 per barrel now selling at USD 48.5 plus crack difference
Q4 estimate EPS 80 cents

Make it EPS RM 1.50 whole year easily per share

BUY BUY BUY

Posted by Sslee > 2020-12-09 13:22 | Report Abuse

Haha Q4 profit cannot be better than Q3.
1. Average Brent crude per barrel: Q2 USD 29: Q3 USD 43 : Q4? The stock gain Q3 is USD 43-29= 14/b so what is Q4 stock gain?

2. Average Crack spread Q4 still below HRC breakeven of USD 3+/b
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

3 As of hedge bet loss/gain who know?

Posted by Sslee > 2020-12-09 13:43 | Report Abuse

By the way shell stations do not belong to HRC hence HRC do not earn any government protected retail profit unlike PetronM with their owned petrol stations.

Posted by Sslee > 2020-12-09 13:48 | Report Abuse

And when the 10 year contract with shell expired shell do not have any obligation to buy from HRC as shell can easily get their supply from shell refining plant from Singapore.

Posted by freifeit > 2020-12-09 14:11 | Report Abuse

https://www.klsescreener.com/v2/news/view/763679/hengyuan-cycle-carriage-digistar-eco-world-international-greenyield-ioi-properties-kumpulan-jetson-jiankun-international-johan-kretam-marco-muda-ornapaper-ralco-straits-inter-logistics

Posted by gemfinder > 2020-12-09 14:12 | Report Abuse

those who miss the first round, beter enter

Posted by Sslee > 2020-12-09 14:46 | Report Abuse

haha why not just tell everyone here now how q4 profit can be better than Q3?

Posted by Sslee > 2020-12-09 14:51 | Report Abuse

After all I3 stands for:
Independent, Intelligent, Informed and has enable people from many different background, culture, experience, age group to contribute their unique opinion, philosophy, strategy and information that will benefit many i3 readers so that they can make an intelligent and informed decision on how to manage their own risk and investment portfolio

Posted by Ekkram > 2020-12-09 14:56 | Report Abuse

Selling pressure continue. Just wait until suddenly some Moron offload, at that time you can see people shit on their pants and went south again like no tomorrow, and the same Moron catching the falling knife buying again.

Posted by LA777 > 2020-12-09 14:58 | Report Abuse

Sslee, take a look into msc.

Posted by Ekkram > 2020-12-09 14:58 | Report Abuse

Who cares about Shell petrol station, as long you enter

Posted by Patron > 2020-12-09 14:59 | Report Abuse

ah . i left i3 for months and now i back again. this Sslee still as nerdy as before. no wonder he is still poor.

Posted by LA777 > 2020-12-09 15:00 | Report Abuse

pang, huat arrr!

Posted by see2sea > 2020-12-09 15:01 | Report Abuse

Investor dont buy Q4 result lo..i think ppl buying 6-12 mths stock lo..by mid to end 2021 vaccine will boost the oil..kekeke

Posted by LA777 > 2020-12-09 15:23 | Report Abuse

Usually they will join the boat when reach rm10, just like Topglove and Supermax, we just wait patiently, tonight will have lobster dinner too. Huat arrr!!!

Posted by see2sea > 2020-12-09 15:26 | Report Abuse

Huat arr!!!! Fly high!!!

Posted by freifeit > 2020-12-09 15:30 | Report Abuse

I am disposing all Dayang shares and pump in more to HY.. Cheers!

Posted by Calvinharris > 2020-12-09 16:05 | Report Abuse

WTI原油期货 - 2021年1月 (TF1)

实时差价合约

创建提醒
添加至投资组合
45.81 +0.21 +0.46%
16:04:05

https://cn.investing.com/commodities/crude-oil

Posted by Calvinharris > 2020-12-09 16:15 | Report Abuse

WTI原油期货 - 2021年1月 (TF1)

实时差价合约

创建提醒
添加至投资组合
45.95 +0.35 +0.77%
16:14:48 - 实时数据

Posted by Calvinharris > 2020-12-09 16:17 | Report Abuse

https://www.reuters.com/article/health-coronavirus-emirates/update-1-uae-says-sinopharm-vaccine-has-86-efficacy-against-covid-19-idUSL1N2IP09V

UAE says Sinopharm vaccine has 86% efficacy against COVID-19.

Posted by Calvinharris > 2020-12-09 16:21 | Report Abuse

WTI原油期货 - 2021年1月 (TF1)

实时差价合约

创建提醒
添加至投资组合
46.05 +0.45 +0.99%
16:21:11 - 实时数据

Posted by Calvinharris > 2020-12-09 16:24 | Report Abuse

WTI原油期货 - 2021年1月 (TF1)

实时差价合约

创建提醒
添加至投资组合
46.05 +0.45 +0.99%
16:23:58 - 实时数据

Posted by Calvinharris > 2020-12-09 16:26 | Report Abuse

WTI原油期货 - 2021年1月 (TF1)

实时差价合约

创建提醒
添加至投资组合
46.13 +0.53 +1.16%
16:26:44 - 实时数据

Posted by sienxing > 2020-12-09 16:27 | Report Abuse

here it comes ^^^

Posted by freifeit > 2020-12-09 16:28 | Report Abuse

Yes.. Now HY rocket has started..

Posted by ALANCHEE78 > 2020-12-09 16:29 | Report Abuse

oil price going up now

Posted by speakup > 2020-12-09 16:29 | Report Abuse

6.40!
back to my buying price now
haha

Posted by Calvinharris > 2020-12-09 16:29 | Report Abuse

吃票了！

Posted by speakup > 2020-12-09 16:29 | Report Abuse

syndicate really prihatin
kasi me chan escape

Posted by Investing_Bursa > 2020-12-09 16:32 | Report Abuse

Steady bom pi pi

Posted by Calvinharris > 2020-12-09 16:33 | Report Abuse

if really so, then good bye, speakup.

Posted by Calvinharris > 2020-12-09 16:34 | Report Abuse

you only know yoourself out or still in or already accumulated.

Posted by Calvinharris > 2020-12-09 16:35 | Report Abuse

WTI原油期货 - 2021年1月 (TF1)

实时差价合约

创建提醒
添加至投资组合
46.16 +0.56 +1.23%
16:35:40 - 实时数据

Posted by investorbat > 2020-12-09 16:38 | Report Abuse

USA another stimulus on the way,rise oil demand and weaker us$ good for Hengyuan

Posted by speakup > 2020-12-09 16:38 | Report Abuse

dah paper profit

Posted by speakup > 2020-12-09 16:38 | Report Abuse

good thing didnt cutloss

Posted by paperplane > 2020-12-09 16:38 | Report Abuse

oil testing 50 soon oh.

Posted by LA777 > 2020-12-09 16:42 | Report Abuse

All the way up up up, wave 2.

Posted by paperplane > 2020-12-09 16:44 | Report Abuse

rm8 close eyes liao.

RM12 next game for play lah.

Posted by speakup > 2020-12-09 16:45 | Report Abuse

still holding

Posted by see2sea > 2020-12-09 16:51 | Report Abuse

hold la..by friday 7.5

kekeke

Posted by speakup > 2020-12-09 16:53 | Report Abuse

roller coaster ride
from big profit become big loss, now at breakeven

Posted by see2sea > 2020-12-09 16:57 | Report Abuse

money not easy profit one..must ride up and down..syok ma

Posted by jasontan1177 > 2020-12-09 16:58 | Report Abuse

cantik green , tomorrow touch 7

Posted by kakashi > 2020-12-09 17:00 | Report Abuse

ok guys, how is it everyone? hahahaha.......
sorry but i guess some ppl here had been played out by stock market

remember my name? and what i say? STAY INVESTED ! REMEMBER MY NAME: KAKASHI
In fact i bought petron at 5.46

Posted by kakashi > 2020-12-09 17:02 | Report Abuse

after flush out players, now is time to move up....RM10-12
Honestly, it should be RM12

0.51x4 = RM2, assuming PE = 6, Price = RM12

Posted by kakashi > 2020-12-09 17:02 | Report Abuse

And we already expect next quarter to be much stronger

Posted by kakashi > 2020-12-09 17:05 | Report Abuse

I am so happy because really overcome this session. its really good. cos that's what value investing is all about. Glad that we make it

Posted by kakashi > 2020-12-09 17:06 | Report Abuse

CalvinHarris, its ok la, give ppl chance. PE 6 is what happen in 2018 when the price is at RM18. That's PE 6. years before that when the price is stable at RM10, the PE is 9. So, its good to assume PE 6 to PE 9. For now, we just take PE 6 which will bring us to RM12. like i say, stay invested until next Q result

Posted by LA777 > 2020-12-09 17:07 | Report Abuse

Pang72, huat arrr!!!!