Koon Yew Yin's Blog
Hengyuan is dropping continuously - Koon Yew Yin
Koon Yew Yin
Publish date: Thu, 16 Jun 2022, 08:48 AM
Koon Yew Yin
0 1,448
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
What should you do? If you read this article carefully, you should know what to do.
Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress the share price of Hengyuan further. That was why I wrote to the Admin of i3investors to withdraw all my previous postings on Hengyuan. Introspect I should not have withdrawn all my postings to encourage readers to sell as soon as possible to save their hard-earned money.
In fact, just a few days ago, on 11th June Mr Ooi sent out his circular letter to encourage all his subscribers to hold on to their Hengyuan shares to win big or to make more money. All his subscribers have been misled. I am one of the victims. That was why I delayed selling all my holdings. Now I regret that I did not sell all my Hengyuan shares earlier. If I sold earlier, I would save some money.
The above is Hengyuan price chart which is showing down trend. Mr Ooi teaches chartings as he is an expert. He should have advised all his subscribers to follow the chart to sell instead of telling them not to sell to win big. The price chart cannot lie. It is a record of the daily trading. Down trend can only mean there are more sellers than buyers every day. I should have followed the price chart which is showing down trend instead of following the advice given by Mr Ooi.
Hengyuan reported reduced EPS of 15.82 sen for the quarter ending March and EPS of 59.9 sen for quarter ending December 2021. As a result, many investors are rushing to sell their holdings.
The daily traded volume is several millions of shares. Even financial institutions or syndicate cannot stop Hengyuan from dropping.
As shown on Hengyuan share price chart above, it started to drop from Rm 7.39 on 19th May to close at Rm 5.05 yesterday. It dropped Rm 2.34 or 32% within 4 weeks. It plunged so rapidly because it reported reduced profit for its quarter ending March 2022.
Its next quarter result ending June might be fantastic. But the result will only be announced before the end of August which is about 2.5 months’ time. At the meantime, every day there are more sellers than buyers to support the share price.
That is why it is dropping continuously. You should know what to do.
Is my friendship with Mr Ooi more important than saving hundreds of investors’ hard warned money?
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Discussions
Be the first to like this. Showing 50 of 70 comments
Btw for those who worried abt Koon Bee relationships, i think not long after this we will c them become abang adik in the next Ms.Universe...
Never ever make enemy with Money
2022-06-16 12:37
If this is true, then uncle KYY should be commended for his courage to save other traders from further losing. I will give credit to whoever deserves it although 1 don't really like 99.9% of his recommendations due to pump and dump activities..
2022-06-16 12:43
Not long ago you can start to sell after KYY's third or fourth promotion article before he sell to those chasing high.
Nowadays immediately after his first promotion article, people already start to sell to him.
That how bad his reputation had become.
2022-06-16 13:02
The fact is every stock also dropped, we don't need an old monkey to tell us it is downtrend and sometimes it is not wrong to hold. I have stock that few months after I sold when it was going down rapidly rebounded sharply.
2022-06-16 13:24
KKY so old still like that , so cunning , money to you is all. you can even surrender your integrity .
uncle yr money can bring into the grave ??
look at your mirror , see who are u today before you go sleep tonight
2022-06-16 13:34
last month you said Hengyuan will make good profit in coming quarters , now you said people should sell
because stock chart show bearish sign.
I want to ask u. you buy share based on TA or FA ?
2022-06-16 13:47
He has no integrity lah. All his articles are all nonsense with only 1 purpose , to mislead others so that he can make a profit. You think he is so holy to save others ?
2022-06-16 14:05
this JCB la. dun tell me you are what company founder. its what you doing that matters.
2022-06-16 14:13
its simple logic, he ask u buy, you sell. he said sell, you die die hold or buy
2022-06-16 14:14
shark eat shark, conflict among scavengers, needless to pity as both commit too many sin to exploit their follower, backfire
2022-06-16 16:05
I trust otb's good intentions sir. At least he does not change his mind, today say good thing about a stock, few days later say bad things about the same stock. He got good principles sir.
2022-06-16 17:13
Why Not SELL EVERYTHING NOW If We Believe Markets Will Crash And BUY Back Again In Future?
https://www.youtube.com/watch?v=j3oEUJwJ_h0
2022-06-16 21:24
This Grandpa Koon a 3 yrs old kid? Newbie in stock market? OTB ask him hold, he hold, if OTB tell him eat sh't....then......?? If being so naive, but keep on posting flip flopping article
2022-06-16 22:22
That is why many people believe value investing is dead. Good value stock moved down instead of up. The market is dominated by big players who can control the prices whether to drive them up or down.
2022-06-16 22:25
Psalm 39:2
For the director of music. For Jeduthun. A psalm of David.
2. So I remained utterly silent,
not even saying anything good.
But my anguish increased;
Accordingly, if you chose to remain silent...
And in Psalm 32:5 - 5 Then I acknowledged my sin to you
and did not cover up my iniquity.
I said, “I will confess
my transgressions to the Lord.”
And you forgave
the guilt of my sin.
- Then, King David admitted his sins and DIDN'T cover his iniquity.
Is wrong, IF you did not alarm others or let them to buy at the peak...
2022-06-16 23:40
Russel, this KYY cannot be trusted. I followed him n he U Turns many times. As a result. I invrred huge losses
2022-06-16 23:48
Now OTB knows who is friend and who is Judas! KYY is a judas! Willing to sacrifice his friends for few buck!
2022-06-17 00:49
This KYY was a great arsehxle, lose money, blame other....without realised his roti canai flip flop article also bring so many traders to holland.
2022-06-17 13:36
So bad.. guru.. if his chart really work.. he should made a fortune. but he admit he loses money. or he doesn't trade according to chart? or? only he knows. too unstable for people to follow.
2022-06-17 16:50
like one cantonese saying :-
Got money, people will treat you like brother,
No money, people will treat you like gigolo !
"Yao Qing jio Heng Tai
Mo Qing jio Kai Tai "
2022-06-17 20:58
The facts and evidence points to a recession in the coming months. When asset prices drop rapidly as they have been last week after the 75 basis rate hike on Wed, shows recessionary fears outweigh any argument out there
2022-06-18 20:59
Only positive we can get from the aggressive stance of the Federal Reserve is that they have recognize the recessionary fears caused by hyperinflation that their swift action may deter a prolong phase of recession if it does happen
2022-06-18 21:01
Since inflation is the primary cause of the recession, arresting the problem by multiple rate hikes will crimp demand of commodity prices and bring down prices
2022-06-18 21:02
Conclusion of the uncle article saving many from losing huge in hengyuan. Agreed? 16Jun 4.8 and 4.3 20jun equals to 50c saving!!
2022-06-20 10:27
Refinery stock will perform very well in 2022.
Hope that the uptrend has started.
Is it very wrong not to cut loss for Hengyuan ?
Mr Market will tell us.
2022-06-27 17:16
KYY has lost all his credibility. when he say buy, everybody else sell. when he say sell, everybody buy.
ppl see KYY as a liar
2022-06-27 21:40
Posted by OTB > 13 hours ago | Report Abuse
He is responsible for the share price of Hengyuan to drop.
Well, KYY controls the market ? I do not buy this. Those speculators who move the price up n down have more bullets than him.
2022-06-30 09:10
What should you do? If you read this article carefully, you should know what to do.
Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress the share price of Hengyuan further. That was why I wrote to the Admin of i3investors to withdraw all my previous postings on Hengyuan. Introspect I should not have withdrawn all my postings to encourage readers to sell as soon as possible to save their hard-earned money.
In fact, just a few days ago, on 11th June Mr Ooi sent out his circular letter to encourage all his subscribers to hold on to their Hengyuan shares to win big or to make more money. All his subscribers have been misled. I am one of the victims. That was why I delayed selling all my holdings. Now I regret that I did not sell all my Hengyuan shares earlier. If I sold earlier, I would save some money.
The above is Hengyuan price chart which is showing down trend. Mr Ooi teaches chartings as he is an expert. He should have advised all his subscribers to follow the chart to sell instead of telling them not to sell to win big. The price chart cannot lie. It is a record of the daily trading. Down trend can only mean there are more sellers than buyers every day. I should have followed the price chart which is showing down trend instead of following the advice given by Mr Ooi.
Hengyuan reported reduced EPS of 15.82 sen for the quarter ending March and EPS of 59.9 sen for quarter ending December 2021. As a result, many investors are rushing to sell their holdings.
The daily traded volume is several millions of shares. Even financial institutions or syndicate cannot stop Hengyuan from dropping.
As shown on Hengyuan share price chart above, it started to drop from Rm 7.39 on 19th May to close at Rm 5.05 yesterday. It dropped Rm 2.34 or 32% within 4 weeks. It plunged so rapidly because it reported reduced profit for its quarter ending March 2022.
Its next quarter result ending June might be fantastic. But the result will only be announced before the end of August which is about 2.5 months’ time. At the meantime, every day there are more sellers than buyers to support the share price.
That is why it is dropping continuously. You should know what to do.
Is my friendship with Mr Ooi more important than saving hundreds of investors’ hard warned money?
2022-11-30 11:40
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CS Tan
4.9 / 5.0
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....
CharlesT
ALP doesnt own much under his own name...only ant 13%...
Anyway i think he made a lot of money in the last 2 rounds, thanks to KYY n OTB
2022-06-16 12:35