Seriously speaking: I told you a million time the set up was one of a BEARISH PENNANT. Google what bearish pennant is. This pennant pole is long. 1.30 long. So the drop will be severe.
vtrade, nothing to be scared, the price moves like waves, up and down. Very simple. Investors who lost until mother also cannot recognised will finally learn to follow the waves. Inexperienced investors will fight the waves.
Hengyuan’s fundamentals aren’t great. In fact, it’s pretty bad. The huge problem is the amount they owe creditors
Short term borrowings are about half a billion less than their retained earnings. Their RM2 billion in “property, plant and equipment” are exceptional accounting pluses and no one will buy their real estate
They are ripe for selling some of their business, same as KNM
If you GoogMap “Hengyuan Port Dickson” you’ll see a HUGE refinery site there, with a land size fit for hundreds of families
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....
brian3381
1,888 posts
Posted by brian3381 > 2022-06-10 16:14 |
Post removed.Why?