Sold above RM6.00 was good decision as there were clear sign of selling this counter shares by big players when markets was stable last two week but players kept selling large amounts of shares that retail investors could not make it.
Those who still holding, be patient. Don't panic & dont listen to those silly rumours. That's because they wanna buy it as low as 3.00 or 2.20. Hold tight, tight. Heng Yuan fundamentals is strong. It won't wait till 3 years to go back 7.33.
new variant coronavirus appeared at UK, Borders closed, Lockdown increased, all panic, Oil slumped, exit og counter first to celebrate long holiday while let HRC dive like no tomorrow.
I remembered I bought Heng Yuan at 5.80 during 2017. Nx day, dropped till 5.40, then 4.95, I'm still holding about 1-2 months, then suddenly 5.85, my friend quickly sold it even though still lost with stamp duty. The next day, 6.00+. Then, few more days later, rise up to 8.00+. If you have faith in Heng Yuan, why PANIC sell it so low until LOST money? This is not index shares & have expired date on it. Why in the hurry to sell off? If you guys realized, majorities stocks slump. Just be patient..Do not panic. Biden already announced he gonna raised 2 things in US. 1. Increased tax 2. Raised oil price
Hi warning warning, today before 4.50 run for your lives, Dow drop , oil drop, don’t fight the market sentiment, better sleep well during Christmas and into a happy 2021
The government agreed to increase petrol station operators’ margin by an additional 2.81 sen to 15 sen per litre for RON95 and an additional three sen to 10 sen per litre for diesel — marking the first profit margin hike in over a decade.
With 2:1 ratio of petro to diesel the commission per litre (15x2+10)/3 =13.333 cents; 1 barrel =158.987 litre Commission per barrel=RM 0.13333X158.987= RM21.19
If NP is 60% of the commission then per barrel NP= RM 12.72 Petron M per quarter sales 8 million barrel thus NP from selling petrol and diesel: RM 12.72X8 = RM 101.7 million Anyone know what should be the % retail net profit from sales commission?
The government agreed to increase petrol station operators’ margin by an additional 2.81 sen to 15 sen per litre for RON95 and an additional three sen to 10 sen per litre for diesel — marking the first profit margin hike in over a decade.
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....
7skies
375 posts
Posted by 7skies > 2020-12-22 10:40 | Report Abuse
rebound coming quick3x jump! go3x