Be careful in investing China related companies. Based on my few cents, HengYuan business should be doing very well with high crack spread. However, I suspect the profits might be transferred back to China to avoid being tax by Malaysia government by commodity swap (buy more expensive — shifting profit technique), and declared lower profits or Q loss! Be careful! HengYuan share price also traded below MA200, bearish, based on candlestick pattern. Don't catch the falling knife!
American 'mid way measure trap' will soon doom Ukraine, ceasefire on track to stop western bleeding induce by oil inflation.
Better monitor closely global development in next 2 month, prolong sustainability in oil and high crack spread in doubt.
However, if indeed still able retain such elevated level by mid Aug, then, only is ripe time to enter cyclical stock like hengyuan before its Q2 result release end of Aug. Stay patience to avoid getting trap now.
NorAfan Aduhai, harga refinery crack spread price begitu mantap tapi malaysia punya downstream oil company bertindak balas sebaliknya... 46 minutes ago
Ho ho...everything up...oil up....dow, nasdaq futures up...start of RECOVERY after a BRUTAL SELLOFF....sluggish at first, then will pick up speed and continue tommorow...BUY!
I have to correct you moneymaker because you keep on repeating this over and over again everyday.
Russian is not winning the war yet and they are not in victory by just controlling Donbas region. Ukraine is still fighting hard and military equipment are constantly sent over from Europe and US. Please read news report from major reports from CNN, BBC etc.
Even with victory over Donbas, the war is not over as Ukraine will not give up fighting. World will still sanction Rus because they started the war. McDonald which pulled out from Russia earlier will not go back just because the war is over. The same with everything and every companies.
High prices of goods still persist eg sunflower oil or wheat because Ukr and Rus major exporters and many farm land destroyed. Oil collapse is a bit far fetch. Lower than current maybe. You think US will allow Rus to sell oil to the rest of the world? Unlikely for years. So oil price will still be high as they are the world's top producer.
Collapse? By what definition is your collapse? State the price.
No one knows what will happen next. Be prepard with a proper plan. Positive and negative comments are better than those who scammed and spammed day and night here with buying and holding on calls. Especially at the peak. The price has landed and it's factual.
Soon as kyy published his article this morning at 913am, many started selling when it was going up earlier. Is he manipulating the price? people distrust him these days but still sell on his call.
many have been bitten by the gloves and thus afraid to invest in this kind of stock. Gloves also make million or even billion. For example Topgloves last 5Q making between 1B to 3B each quarter and they actually makes 10Billion out of the 5 quarters. Look what is their recent profit. 15million? Share price reach as high at RM9.50 and today, i think around 95c. This is like the musical chair and dunno when it will stop.
please don compare 2017 to 2022. we don have COVID-19 back then. hot money is withdrawn. we are entering into slow growth and recession. this are the very important factor that affects how investors invest their money in stock market.
There is no spare refining capacity anywhere in the world except in China and Russia. I don’t think It is to China and Russia ‘s geopolitical interest to help US , Europe and their allies to contain inflation. My guess is refining margin will continue to be above normal level for next few years .
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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....
Jerichomy
4,346 posts
Posted by Jerichomy > 2022-06-20 20:55 | Report Abuse
Money makers let make heng yuan become rm3 like hiap teck become 30 cents