Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress Hengyuan share price. Despite his warning I posted my article namely " Hengyuan is dropping continuously". My sole intention is to advise investors to sell as soon as possible to save their hard earned money or life savings. Mr Ooi is an expert in charting and he teaches charting for a tuition fee. He also sells his weekly circular letters for Rm 1,000 per year. Up till now, he has not advised all his subscribers to sell Hengyuan. Hengyuan share price chart is showing that it started to drop from Rm 7.39 on 17th May to the current level of Rm 4.50. It has already dropped Rm 2.89 or about 40% in the last one month. Why OTB cannot see the down trend price chart??? Why doesn't he advise all his subscribers to sell??? In fact, about 5 years ago, I asked my college mate Ng Eng Hean to let Mr Ooi to manage his investment for the requested fee. He told Mr Ooi to sell Hengyuan yesterday and lost a lot of money. Currently Hengyuan is still plunging. Even financial Institutions and syndicates cannot stop the price from dropping. Koon Yew Yin
Numbers 20 New International Version Water From the Rock - 6 Moses and Aaron went from the assembly to the entrance to the tent of meeting and fell facedown, and the glory of the Lord appeared to them. 7 The Lord said to Moses, 8 “Take the staff, and you and your brother Aaron gather the assembly together. Speak to that rock before their eyes and it will pour out its water. You will bring water out of the rock for the community so they and their livestock can drink.”
9 So Moses took the staff from the Lord’s presence, just as he commanded him. 10 He and Aaron gathered the assembly together in front of the rock and Moses said to them, “Listen, you rebels, must we bring you water out of this rock?” 11 Then Moses raised his arm and struck the rock twice with his staff. Water gushed out, and the community and their livestock drank.
12 But the Lord said to Moses and Aaron, “Because you did not trust in me enough to honor me as holy in the sight of the Israelites, you will not bring this community into the land I give them.”
SO, Aaron was with Moses. Aaron did not tell the people not to aggravate against Moses, Aaaron did not caution the people, in a way had kept silent, also "kena" from God, can not cross the Jordan. Moses, kena maximum, instead of speaking to the rock, he struck at the rock, go against the Lord. Moses was pressured, less faith, went against the Lord, he was not allowed into the Promised Land.
Wonder did KYY posted any article to ask his followers to cut loss Subur? Or is he still posted his promotion article to misled his followers so that he can sell?
Singaporeans lining up to fuel at Malaysia for R97. Crack spread & gas price all time high... war is no where near over. You think Putin and Biden is in this for a 4 months children's sand pit fight? After putting in billions of dollars into was? Just chill and relax. The entire stock market is down worldwide. Just defend your turf.
Bursa value already shrunk to new low for months and retailers confidence level shattering since beginning of the year. Good to ride on the short rally but must be brutal to cash out when slight drastic changes. The pulling out from big boys. That was last week. Rather too late but good opportunity for those who dont have any position yet but squeeze harder for much lower entry price. Its very obvious same pumpers and dumpsters here and all type of crooks without conscience. Even a small public room and if there is money to be made. Your paper losses are my realized gain. Vice versa. With this mean correction, soon the volume will diminish. Keep an eyes closely.
Costco uses a membership-only warehouse club business model, which means consumers pay a membership fee to access the low-cost products available at Costco stores.
In the AR for 31DEC2021 published on 26APR2022, the total of 68% of the shareholdings were reported in the List for the top 30 Shareholders.
The remaining 32% is undoubtedly being held among the small holders like any of us.
The controlling stake of 51% of the issued shares is securely held with the following:-
1. Rhb Nominees (Tempatan) Sdn Bhd Malaysia Hengyuan International Limited 113,701,002 37.900%
2. AMSEC Nominees (Tempatan) Sdn Bhd Pledged Securities Account - Ambank (M) Berhad for Malaysia Hengyuan International Limited 39,368,000 13.122%
The business takeover is rather for reason of the long-term geopolitical strategy for China in terms of the energy supply than profit maximization alone. Likely, plenty of the refined oil will be exported back to China even though those crude oil are arrived from the Middle East. It really make sense that only the ready to be used oil should be shipped back to China and already being processed at Port Dickson.
The NAT now is RM6.60 a share and the Management should not be able to bear too much the gap between the market value and the book value.
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....
ValueInvestor888
1,117 posts
Posted by ValueInvestor888 > 2022-06-17 10:34 | Report Abuse
Petron 20 sen div ex monday.