Posted by Sslee > 2022-10-31 09:33 | Report Abuse

I can't fault MM now because even an IB analyst also taken mogas92 crack spread as Refinery margin play, ignorance of diesel and jet fuel crack spread.

Posted by brightsmart > 2022-10-31 09:36 | Report Abuse

See Hy results...better see glove results lo

Posted by UlarSawa > 2022-10-31 09:37 |

Post removed.Why?

Posted by UlarSawa > 2022-10-31 09:38 | Report Abuse

No more use buffolo name now use charliemonger name kah. Haiyoh. Correct?


"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger

Posted by Zhuge_Liang > 2022-10-31 09:39 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-31 09:39 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-31 09:39 |

Post removed.Why?

Posted by UlarSawa > 2022-10-31 09:40 | Report Abuse

Look like glove theme is the latest theme play leh. QR out will know lah. Haiyoh. Correct?


brightsmart

See Hy results...better see glove results lo

2 minutes ago

Posted by Mikecyc > 2022-10-31 09:41 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-31 09:49 |

Post removed.Why?

Posted by UlarSawa > 2022-10-31 09:50 | Report Abuse

No enuf shares to run up. Too many millionaires holding and waiting to earn millions again leh. Suiyee pun not many want to bite the bait leh. How to run up. Haiyoh. Correct?


qqq1212

but why no run up in Hy price ?

2 minutes ago

Posted by UlarSawa > 2022-10-31 09:54 | Report Abuse

History wont repeat leh. Mau above rm10 lagi so high leh. Uncle koon and raider even ah pang also not the promoter leh. dunno ty yap ada promote or not pun not sure leh. How can it be the same leh. Haiyoh. Correct?

Posted by Ahahah > 2022-10-31 09:54 | Report Abuse

@Zhuge ur cursing start again. How could HY move up. Haiz

Posted by Zhuge_Liang > 2022-10-31 10:17 | Report Abuse

Posted by UlarSawa > 18 hours ago | Report Abuse

HY at 4.21 also cannot blame sifu OTB and his millionaire gang leh. They all collecting until no saham already mah. Then how how go up if no one want push leh. Scare Sifu OTB and his millionaires gang become 2nd time millionaires leh. Haiyoh. Correct?
--------------------
Posted by UlarSawa > 1 minute ago | Report Abuse
Klci 1466 already. 1500 in the making kah. HY still mati pucuk leh. Haiyoh. Correct?
-------------------------
"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger

Q2 2022 result.
Average crack spread of diesel = USD44.35
Average crack spread of gasoline = USD23.52
Average crack spread of Jet fuel = USD28.61
EPS = 2.22

Q3 2022 result (projection)
Average crack spread of diesel = USD48.17
Average crack spread of gasoline = USD21.41
Average crack spread of Jet fuel = USD39.28
EPS (projection) = 2.00

Note :
Hengyuan refined 46% of its refined product as diesel.
Hengyuan refined 35% of its refined product as gasoline.
Hengyuan refined 7% of its refined product as Jet fuel.
12% of its refined products are others.
Q3 gross profit
Gross profit of diesel =10.5*46%*48.17*4.5=RM1.047 billion
Gross profit of gasoline =10.5*35%*21.41*4.5= RM354 million
Gross profit of Jet Fuel =10.5*7%*39.28*4.5= RM130 million
Gross profit of others =10.5*12%*10*4.5= RM57 million
Total gross profit = RM1.588 billion
Assuming less hedging loss like Q2 2022 = RM 439 million.
Total gross profit = RM 1.149 billion
Less manufacturing, admin and others expenses = 113 million
PBT = RM 1.036 billion.
Less income tax = 249 million.
PAT = 787 million.
NOSI = 300 million.
EPS = 2.62.
--------------------
Q3 2022 result
I do not wish to take so high EPS, I assume EPS = 2.00 is good enough for Hengyuan.
Cumulative EPS for 3 quarters will be = 2.38+2.00 = 4.38.
No stock listed in KLSE has this type of EPS.
The share price of Hengyuan is very undervalued.

Can huat or not, I do not know.
I know the FA of Hengyuan is damn good.

Posted by Zhuge_Liang > 2022-10-31 10:19 | Report Abuse

The Super bull run on Hengyuan in 2017 was started on 2/11/2017 before Q3 2017 result released. Will history repeats itself in 2022 ?
The earning in Q3 2022 will definitely better than the earning in Q3 2017.
Hope for the best.

Posted by brightsmart > 2022-10-31 10:34 | Report Abuse

Kyy pun retire already how Hy can run up?

Posted by brightsmart > 2022-10-31 10:38 | Report Abuse

I ask kyy to buy gloves, he say glove over supply......I say over supply can be under supply below a certain price point...some more if customers re stock then fatlo......u see, no risk no gain. U see people who see Hy results no gain because they think no risk

Posted by brightsmart > 2022-10-31 10:42 | Report Abuse

U see, no need to buy over value stocks or under value stocks...what u need to buy is stocks rich man buy and buyers overcome sellers.

Posted by brightsmart > 2022-10-31 10:57 | Report Abuse

rich man buy gloves poor man buy HY................how I know? I ask my guts.

Posted by UlarSawa > 2022-10-31 11:12 | Report Abuse

Lets go back to Angmoh StockGod Buffolo Top 7 Investing Rules. Ular yesterday watched someone posted Buffolo speech in the college. Dunno HY fit into the Top 7 Investing rules or not leh. Semua promoters always cakap Buffolo cakap one. HY is one of the most undervalued Stock. Really kah. How about the other 6 rules leh. Haiyoh. Correct?

1. Intelligence & Integrity are the Foundation
2. Pay Attention to the facts, not Emotions
3. Buy wonderful Businesses, not Cigar Butts
4. Buy only Stock that you understand
5. Seize the Opportunity
6. Dont Sell because of Price Fluctuations
7. Buy Stocks below What they are Worth.

Posted by UlarSawa > 2022-10-31 11:15 | Report Abuse

Anyone want to give your opinion HY fit how many of the 7 investing rules. Boleh?

Posted by brightsmart > 2022-10-31 11:18 | Report Abuse

angmoh buffalo don't play in Bursa

Posted by brightsmart > 2022-10-31 11:21 | Report Abuse

ular, plenty of under valuation shares in Malaysia but very very few works if u buy them.

Posted by Sslee > 2022-10-31 11:26 | Report Abuse

Ular,
Seize the Opportunity with the hope explosive q3 result will propel the share price up north.

Posted by brightsmart > 2022-10-31 11:39 |

Post removed.Why?

Posted by Ahahah > 2022-10-31 11:44 | Report Abuse

@brightsmart you sound like you are the GOD that can control the share price.

Posted by brightsmart > 2022-10-31 11:50 | Report Abuse

God is beyond IQ......God is God.

Posted by brightsmart > 2022-10-31 11:59 |

Post removed.Why?

Posted by brightsmart > 2022-10-31 12:02 | Report Abuse

nobody knows how they do hedging...............and even if they make money doing hedging, no body buys shares for hedging gains. ...or at least no professional buys shares for hedging gains.

Posted by highcube > 2022-10-31 12:03 | Report Abuse

https://www.cnbc.com/2022/10/30/diesel-market-in-perfect-storm-as-prices-surge-and-supplies-dwindle.html

Posted by brightsmart > 2022-10-31 12:04 | Report Abuse

the world is not short of shares to buy....................... why should any one buy this HY for long term?

Posted by brightsmart > 2022-10-31 12:08 | Report Abuse

the world is not short of shares to buy....................... why should any one buy this HY for long term? makes more sense to simply pick any new mesdaq ipo to buy ........... at last these have chance to be successful .

Posted by brightsmart > 2022-10-31 12:10 | Report Abuse

zhu... i write to protect the public against scammers.........................u see, I am a do gooder.

Posted by brightsmart > 2022-10-31 12:19 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-31 12:28 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-31 12:30 | Report Abuse

"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger

Q2 2022 result.
Average crack spread of diesel = USD44.35
Average crack spread of gasoline = USD23.52
Average crack spread of Jet fuel = USD28.61
EPS = 2.22

Q3 2022 result (projection)
Average crack spread of diesel = USD48.17
Average crack spread of gasoline = USD21.41
Average crack spread of Jet fuel = USD39.28
EPS (projection) = 2.00

Note :
Hengyuan refined 46% of its refined product as diesel.
Hengyuan refined 35% of its refined product as gasoline.
Hengyuan refined 7% of its refined product as Jet fuel.
12% of its refined products are others.
Q3 gross profit
Gross profit of diesel =10.5*46%*48.17*4.5=RM1.047 billion
Gross profit of gasoline =10.5*35%*21.41*4.5= RM354 million
Gross profit of Jet Fuel =10.5*7%*39.28*4.5= RM130 million
Gross profit of others =10.5*12%*10*4.5= RM57 million
Total gross profit = RM1.588 billion
Assuming less hedging loss like Q2 2022 = RM 439 million.
Total gross profit = RM 1.149 billion
Less manufacturing, admin and others expenses = 113 million
PBT = RM 1.036 billion.
Less income tax = 249 million.
PAT = 787 million.
NOSI = 300 million.
EPS = 2.62.
--------------------
Q3 2022 result
I do not wish to take so high EPS, I assume EPS = 2.00 is good enough for Hengyuan.
Cumulative EPS for 3 quarters will be = 2.38+2.00 = 4.38.
No stock listed in KLSE has this type of EPS.
The share price of Hengyuan is very undervalued.

Can huat or not, I do not know.
I know the FA of Hengyuan is damn good.

Posted by Phoebe > 2022-10-31 12:34 | Report Abuse

EU banned on sales of new ICE vehicle from 2035 onwards? It is 12 years away from now and 12 years is not long.
Between now and 2035, there will be more and more electric cars and the cost can only get cheaper and cheaper.

https://www.wardsauto.com/industry-news/european-union-bans-sale-new-ice-vehicles-2035

Posted by Sslee > 2022-10-31 12:46 | Report Abuse

I only remember qqq3 wrote about K factor and Karim is Malaysia Elon Musk.

Since when has he write to protect the public against scammers?

Posted by UlarSawa > 2022-10-31 12:46 |

Post removed.Why?

Posted by brightsmart > 2022-10-31 12:49 | Report Abuse

Phoebe > 2 minutes ago | Report Abuse

EU banned on sales of new ICE vehicle from 2035 onwards? It is 12 years away from now and 12 years is not long.
=======

share valuations are based on cash flow projections to infinity, not 12 years.

Posted by brightsmart > 2022-10-31 12:52 | Report Abuse

sted by Sslee > 3 minutes ago | Report Abuse

I only remember qqq3 wrote about K factor and Karim is Malaysia Elon Musk.
=======

k factor is the most important factor is stock markets. ...and Elon Musk k factor take a severe beating after he want to take over twitter.

Posted by BobAxelrod > 2022-10-31 13:16 |

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Posted by BobAxelrod > 2022-10-31 13:22 |

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Posted by Zhuge_Liang > 2022-10-31 13:27 |

Post removed.Why?

Posted by Ahahah > 2022-10-31 13:30 | Report Abuse

@Zheng_Liang, you should allow any positive or negative comments there and let investors to decide instead of keep on cursing people.

Posted by BobAxelrod > 2022-10-31 13:31 | Report Abuse

What to do?.....he's only 4 years old.

Posted by BobAxelrod > 2022-10-31 13:35 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-31 13:37 |

Post removed.Why?

Posted by UlarSawa > 2022-10-31 14:11 | Report Abuse

How about Uncle Koon sell call any stock. Can ignore kah. Haiyoh. Correct?


Nathan92

uncley kyy buy call any stock = just ignore it

15 minutes ago

Posted by BobAxelrod > 2022-10-31 14:14 |

Post removed.Why?