HY call-warrant C22 expiring on 31/5/22 and last trading suspension on 30/5/22 HY closed at 6.60 HY C22 closed at 0.37 Exercise 4.75 with 5:1 Exercise price = (6.60 - 4.75) / 5 = 0.37 Exercise price 0.37 is same as HY C22 closing price , so HY C22 is out of money as of 24/5. HY might announce QR May either on 27/5 or 30/5 or 31/5. HY C22 trading suspension on 30/5. The price might go sideline or slightly lower for next few days. It is time to load as much as you can. ----------------------------------------------------------------- 24/5 not counted lah friend....
Posted by emsvsi > May 24, 2022 8:23 PM | Report Abuse
Dear Mr Koon,
As always it frightens me that you're mentioning Heng Yuan since when you badmouth a stock it means you're buying it, and when you promote a stock it means you're selling it. As mentioned earlier, Heng Yuan is a highly cyclical stock, what goes up quickly, will crash even faster, and has been so since the beginning of time. The 'crack spread' and inventory gains will disappear as quickly as they appeared, and with it all your hard earned money
What goes up need to retrace before it can move to higher high. This is the first wave and supported at around ema20 and fibonacci retraement 38.2%. Those who missed out. It is the best to buy on the dip now.
Even Dnex before it move, it retrace at ema 20 and move.
Seem to me that both Hengyuan and PetronM have been cornered these 2 days . These happens just before QR to be announced soon. Worthwhile to top up at current level .
The sharks’s action has successfully induced forced selling or margin call which further put downward pressure on stock price . This exactly meeting the sharks’ objective.
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....
subwayzzz
1,062 posts
Posted by subwayzzz > 2022-05-25 10:09 | Report Abuse
my profit all evaporated
good job