Brent oil $114.92 liao, Local IBs maybe selling HY due to C22 expiring, Foreign funds especially Singapore FMs are collecting HY at the current attractive price + 1SGD = MYR3.20... Local syndicate big brothers also buying along with SG FMs~ I follow my Private Remisier call to SAPUUUU~~~ Heng Ah~ Ong Ah~ Huatt ah~
WHY HENGYUAN GOT SELL DOWN IN AN AGGRESSIVE MANNER ?
While i cannot give you a definite answer, i can give you a possible explanation of scenario.
Hengyuan cw22 issued by CIMB IB will be matured on 30 May 2022 (monday) The settlement price against the call warrant exercise price will be based on 5 day VWAP volume weighted average price model.
The 5 days are 24 May 2022 (Tuesday) 25 wednesday 26 thursday 27 friday ( cw22 suspend trading) 30 monday
There will be high volume and very volatile trading if banker want to depress the settlement price in order to pay out lesser.
While hengyuan fundamental remain intact, crack margin continue to be at the high side, mothershare outlook will be good as long as you are investing in what you are able to hold, and not playing on contra.
Contra will only be helping banker to create more volume at the lower price which will help them lower settlement price
The expected QR release for HENGYUAN could be at 31 may 2022 (tuesday). So plan your trade carefully ----------------------------------------------------------------- are you sure your 5 days VWAP is correct ah ?
I don’t think is because of the call warrant. There is deep pocket sharks coordinating the attack on the energy stocks : hengyuan, Petron, Hibiscus, cypark . Cypark in renewable energy.
ib saving their own ar ses first knowing there are margin holders having big positions, sengaja want to trigger stoploss pity margin holders now watching with tears
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."
See guys told you all this morning. It going to retrace beacuse is a very strong fundamental stock!
Our VWAP is so special compared other country, Our VWAP is base on Closing price not base on that price x volume on that day! it is a grey area for IB manipulate the closing price.
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....
rr88
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Posted by rr88 > 2022-05-25 15:53 | Report Abuse
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