Don’t want 22 so greedy, up til double RM 8 first. Operators last time press til 3.7 collect so much, now they keep pushing up. Their cost also increase, u think they wanna make 10% then run ka. No way
Hengyuan from 2016 - 2021 (5 years), despite very difficult refining margin managed to increase its NTA by about RM 5, that is like on average RM 1 per year.
For 50% payout, at 5% yield RM 10 is minimum target...
But now with current crack spread, easily RM 1 EPS per QTR!!
We took profits on HY at 4.5+, the buying force was so strong! Coming Monday will buy back, add support to Pang72, probability, stockraiders, annetan and the rest of the HengYuan mates! Watch out!
Brent crack spread Apr $17.80 and May $18.30 seem is at 5 year high ! With re-opening of travel sector, demand for refined petroleum products also high. As such, refinaries like HY and PetronM will do very very well.
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....
apple168
6,236 posts
Posted by apple168 > 2022-04-21 13:41 | Report Abuse
Business world is ever changing… buying at the right timing will make you a fortune! Otherwise, you are ever losing!