don't count on anything like crack spread, inventory loss or gain, forex loss or gain, as management change policies like changing cloths to suit so many dynamic situations, not counting their own vested interest, errors of judgements, or the world functions in always a dynamic state. so profit forecast or estimation is never cast in concrete.
OTB is experienced investor and will not jump in and out simply because market is down. He will most likely hold till win or the trend really in reversal.
Short term sell off due to FED might raise its cash rate by 0.75% on Tuesday/Wednesday.... Some foreign funds are selling... Sell off will happen in the short term, then local FMs will pick it up and goreng again.
If you have follow TA closely, you all should know hengyuan is on downtrend, investor should have cut last week alrdy instead of keep FA and promote its projected profit continuously. It will only end up entrap more and more follower thinking of to win big on hengyuan, resulting many of their follower suffer multiple time loss
hng33 your sifu uncle posted articles about HY ma.... must support... who knows he withdrew his articles after 2 days??? aiyo.... if HY drop just average down ma.... tomorrow never die
US set for recession next year, economists predict FT-IGM Survey forecasts downturn in 2023 as Fed tries to stamp out worst inflation in 40 years
Powell Facing Choice Between Elevated US Inflation and Recession Surging prices put pressure on Fed to do more to rein them in Markets price in more aggressive action by US central bank
Commodity price is very sensitive to global affair, gov policy, genpolitical tension etc.
However, these kind of man make crisis tend to be short term nature as politicians will under pressure and force them to change stand to ease off inflation rate.
Many like to use own calculations to project ahead company future windfall profit. You can grab much alike calculation in previous glove sector, steel sector and more recent palm sector and set very high target price based on its own projected eps.
These kind of projection now is happening in oil sector. You all can retropective look back what had happen now to these share performances.
Therefore, beware of various calculation formula to project future profit
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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....
masterkevin212
1,850 posts
Posted by masterkevin212 > 2022-06-13 09:09 | Report Abuse
AYS, HENGYUAN, MSC all recommended by him and asking people to chase high...