ude Oil prices headed north, after French President Emmanuel Macron said on Monday the president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan (MbZ), had told him two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.
Those smart traders will know the limited downside and unlimited upside HY can provide, even if it drop, thats RM4 it can't break which previously hovering around this price range for a year, its upside was at least RM12...you know the odds, you know the risk and rewards ratio well...
Posted by 888STOCK888 > 14 minutes ago | Report Abuse
My Shao Ling Sifu says HY is heading to
10.00 in July
15.00 in August
20.00 in September
30.00 to 50.00 in October =D
Syndicate~
Dai See Heng~
Dai Gu Jeh~
Dai Lai Lai~
Dai Yee Ma~
All SIALANG today!!!! =D
Heng
Ong
Huatt ah~~~ =D --------------- The above may be true provided the EPS in Q2 2022 result must be >2.00. Likewise, EPS for Q3 and Q4 2022 results must be > 2.00 respectively. Total EPS for FY2022 > 6.00. --------------- I cannot sleep for a few nights if the above is true. If the above is true, 2022 (Oil refinery stock) will be better than 2020 (glove stock). Thank you 888STOCK888 to cheer up our life today.
for it to even reach 6 it needs to close the gap 5.6-5.8 first..step by step..all these talks about 12 to 50 will stay only as a dream if it doesnt cross these gaps..then next range would be to cross 6.4-6.7 convincingly before the path is clear to the previous high.
OTB Singapore Gasoil (Diesel) (platts) Dubai (platts) crack spread Jun 2022 : USD66.38 Jul 2022 : USD70.90 Aug 2022 : USD67.04 ---------------- The crack spread of diesel suddenly increase from USD66.38 to USD70.90 after today (30/6/2022). What will be the share price of Hengyuan after today (30/6/2022) ? Will the share price of Hengyuan limit up tomorrow (1/7/2022) ? Answer : I do not know, let Mr Market tell us the share price tomorrow.
Q2 and Q3 2022 results will be fantastic if you look at the crack spread of diesel. Hengyuan is a complex refinery, it will able to convert 30% fuel oil to diesel. There is no wastage at all. The refined margin of diesel is better than gasoline. Thank you. ==================================================================
I like your optimism. I am only hoping for RM5.50 tomorrow not limit up. I presume based on TA its time to buy now?
The volume is telling you something. Cornered trading. Looking at those pumping crazy numbers now compared to 2 weeks ago should know where is this heading. Why not 2 weeks ago. Don't chase high, the trading range could be limited. Bursa value continue to be at the low side. Expecting higher oil price to justify stock direction will eventually hit your own investment. Higher oil price forecast will impact the economy and bring more negative factors to the stock market. Don't change your plan if you have average down earlier to break even or minimizing your investment losses. Extra 10-20 cents wont make any difference. Trade cautiously. Make your profits from anyone here or out there. Your gain is my loss. Period.
Posted by 888STOCK888 > 6 hours ago | Report Abuse
My Shao Ling Sifu says HY is heading to 10.00 in July ----------------- Dear 888STOCK888, There are not many sellers now, I hope your syndicates can push up to 10.00 in July 2022. Thank you.
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....
VTrade
2,434 posts
Posted by VTrade > 2022-06-30 08:58 | Report Abuse
Today is end of June