Look Like the Hengyuan play is on . With more investor sifu present their view on youtube and also theedge article on O&G . Syndicate want to goreng also must have news to support . Once the sosial and mainstream media is hot , it time to goreng to pull in the newbie and retail to jump in.
HY INVESTORS NOT CONFIDENT NO WONDER PRICE MOVEMENTS VERY VOLATILE, CAUSE MANY ARE BASING HY PERFORMANCE WITH FIRST QTR RESULT THINKING 2ND QTR RESULTS WILL ALSO BE THE SAME
It is not colecting. It is distributing by those bought low. They realised hy cant deliver good result. They push petron n hoping waterfish chasing hy.
USUALLY A GOOD STOCK WILL MOVE IN TANDEM WITH OIL PRICE. PETRONM IS DOING THIS BUT NOT HY. BECAUSE OF NOT GOOD FIRST QTR RESULTS NOW HY MUST DO THE WAITING TIME TILL 2ND QTR RESULT ARE OUT.. WHAT A WASTE
Nobody know which company will earn more in the 2nd quarter. Now both companies are on the 风口 since crack spread is keep on increasing. Just sell high and buy low between petronm and HY.
HY NOW IN VERY UNLUCKY POSITION AFTER THE FIRST QTR RESULTS. PETRONM IS THE KING NOW. FROM NOW ON PETRONM WILL BE MOVING NORTH IN TANDEM WITH OIL PRICES. BUT THIS HY WON T MOVE IT WILL WAIT FOR 2ND QUARTER RESULTS. IN MEANTIME IT WILL RETRACE TO 5.75 TO 6 LEVEL.
SO OVERALL I CAN SAY HY WILL DO A WAITING FOR QTR RESULTS FIRST. BY THEN WHEN RESULTS ARE OUT PETRONM WILL BE ALREADY AT 10 OR MORE.. IF AT ALL HY MOVES AT THAT TIME THE RANGE WON T BE MUCH IT WILL BE FROM 6 TO 7 ONLY.. AFTER THAT HY WON T ABLE TO GO MUCH HIGHER CAUSE THEIR CALL WARANT IS NEARING EXSPIRY IN MONTH OF AUGUST...USUALLY BANKERS WILL PRESS THE PRICE DOWN WHEN CALL WARANT ARE NEARING EXSPIRY DATE.. SO IN SUMMARY I CAN SAY THE ROOM FOR HY TO MOVE UP IS NOT THAT MUCH WHEN 2ND QUARTER RESULT IS OUT
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....
johnny cash
6,400 posts
Posted by johnny cash > 2022-06-05 10:25 | Report Abuse
PETRONM GOIMG IN TANDEM WITH OIL PRICES HY WILL BE LEFT BEHIND BECAUSE HY WILL BE WAITING FOR QTR RESULTS