Why Petron profits beat the hell of Hengyuan leh ?? Ans : It is bcos of Russian Crude mah!
The fact is Philippine do not sanction Russian oil mah!
Thus Petron is able to import cheap cheap Gasoline from the Parent in Philippines as the input of russian crude is only USD 80 per barrel compare to the mkt price of USD 115....which is more than 40% cheaper mah!
This cost advantage augurs well with Petron bcos its refinery in msia which do not use russian crude only produce about 50% of its retail reqn mah!
When grandpa Koon give buy call, you sell, when he give sell call, you buy. Every trader play like that... i.e 7 May he comment "HY Profit growth was doubtful", you buy...price up and top @ RM7.70 19 May
Do not be naive, we invest is to make money. Koon writes his recommendation because he wants to buy Hengyuan shares. You can sell to him cheap. Sell loh !!
Folks, Uncle KYY in his blog today said -" Investors should be wait patiently for the announcement of the 2nd quarter ending June. I expect Hengyuan to break its old record price of Rm 18.50 established in Jan 2018 " .
Kyy is toxic. At first he talk bad on the stock so can collect cheap but in fact his comment cause the price to shoot up afterward. I suppose now he finally realize his reputation is go down the drain, now do the opposite instead. Either way this guy is super toxic
KYY jump into stock fast and soon jump out. He is no longer holding stock for one to two years. So all must watch out for his new strategy. Actually almost all investors writing comments here will not tell when they sell with many call for buy when they are loaded and sell when they want to buy. Those like ilurker has bad intention wishing people to loss money will talk negative news. Gemfinder is bad hearted and laugh at people losses.
Not too long a lot of kind hearted Sifus gave sky high TPs for glove RM50 Rm100 saying once in a life time high ASP can last for a long long time n many Glovetards were so so happy n excited then...
Dont ask me how r their ending...heard some hv to work extra time at night in Chow Kit....
Those talk bad or good about the particular thing got their own motive. No people so free doing something extra for thing they not interested. The only thing reliable is the data not comment and have to make own judgment. Kyy wise better to ignore whatever he said. That guy not credible at all.
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....
Johnzhang
3,068 posts
Posted by Johnzhang > 2022-06-02 06:06 | Report Abuse
KYY just recently cast a lot of doubt on Hengyuan’s profitability. Now he changed his mind even after seeing unexpectedly poor Q1 results.