Investing Experience Intermediate
Risk Profile Moderate
I have turned 18 this year! I made RM55k from Sumatec in 2014. I am now making a comeback to Sumatec in 2018. As of today 16 Jan 2018 I made RM30k within 2 months. Hopefully I will make RM500k from Sumatec bull run this year. Cheers!
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Stock
2018-03-02 15:22 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
Stock
2018-03-02 15:22 | Report Abuse
3sen also i wont buy...HS just use this as a vehicle to enrich himself thru the purchase markmore. hihihi
Stock
2018-03-02 15:15 | Report Abuse
Why hengyuan always bounce back after selldown ??!!
General Raider give guidance to dumb dumb investors, to avoid them same fate like ahmoi selling hengyuan at rm 3.66, bcos of 3iii & naysayers and pondans sweet sell talk mah....!!
Raider advocate longterm investment like the china fund mah...!!
General Raider; The reason are as follows the IB is desperately driving down the price as their current called warrants are due for price determination, thats why they want hengyuan price lower loh...!!
Yes the china fund are still collecting, but they are not goreng funds, they are long term value funds.
So a lower hengyuan price, allowed them to collect cheap more loh..!!
So if IB drive down hengyuan, no issue to them, bcos it is an investment opportunity if price is down loh...!!
Given the IB and China funds wants lower hengyuan share price, how come hengyuan is consolidating at Rm 15.00 and not much lower price like the naysayers wants , like rm 9.00 to rm 13.00 leh ??
General Raider ans: The china funds are not only one single funds, it make up of many funds all have the objective of heeding China govt of expanding their investment oversea loh..!!
As the funds are not talking to each other on coordinated manner, like a single fund, thus most of them willing to invest in hengyuan independently at fair price like rm 14.00 to rm 16.00, bcos they are worried once q4 out they will missed out big on hengyuan, if they have low position mah...!!
So even IB press down the share price down, the share price don't really down alot loh, in fact it rebound later bcos china funds are buying loh...!!
General Raider advice u to hang tight, don let pondans, pondan u loh...!!
$$$$$$$$$$$$$ coming mah....!!
Stock
2018-03-02 15:13 | Report Abuse
i sit in the shoes for raider...thanks everyone for your support
:)
Stock
2018-03-02 15:11 | Report Abuse
YES as usual General Raider will lead all hengyuan bull army to victory loh.....!!
LEARN FROM THE BEST INVESTORS IN PUDU MARKET, AHFAH WHO MANAGE TO SEND HER SON TO STUDY IN AUATRALIA JUST BY INVESTING HENGYUAN DUMB DUMB LOH.!
We want to support many investors like ahfah, manage to send her son to study in australia by just investing in hengyuan dumb dumb loh...!!
Like warren buffet philosophy, those who invested berkshire hathway dumb dumb now very very rich loh...!!
IT IS OK LOH...TO HAVE NEGATIVE VIEW LOH....!!
BUT MUST COUNTER THEIR POINTS AND FAKE VIEWS LOH...!!
IF NOT IT WILL CAUSE FINANCIAL DAMAGE LOH...!!
RAIDER REMEMBER THAT 3iii STRONGLY BAD MOUTHED HENGYUAN AT RM 3.66, AS A RESULT HIS ADMIRER AHMOI SOLD HENGYUAN AT RM 3.66 LOH...!!
THUS LOST VERY BIG LOH...!!
PEOPLE CAN OPEN HIS BIG MOUTHED, TO BAD MOUTHED ANY STOCKS, BUT WE MUST KNOW WHAT IS RIGHT & WHAT IS WRONGLOH...!!
AHFAH WHO IS AHMOI BEST FRIEND ,DID NOT SELL HENGYUAN AND HANG ON HENGYUAN DUMB DUMB, DESPITE 3iii STRONG BAD MOUTHED, TODAY CAN AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY ALL BCOS OF HENGYUAN INVESTMENT LOH....!!
PLEASE NOTE WE ARE PREVENTING FALSE AND FAKE NEWS FROM NAYSAYERS FROM CAUSING, BIG BIG LOSSES TO LONG TERM INVESTORS FROM SELLING TO PREMATURELY LOH;
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET Dragon & 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH
U ALL MUST HAVE CONFIDENT ON THIS WORLD CHAMPION HENGYUAN WITH EPS RM 3.40 EXCEEDING EVEN THE MOST EXPENSIVE STOCK IN KLSE NESTLE EPS RM 2.75.
THE GOOD POINT IS HENGYUAN WITH SUCH GREAT QUALITY IS TRADING AT A VERY UNDEMANDING PE 4X COMPARE WITH NESTLE PE 42X.
RAIDER ESTIMATE TP RM 22.00 TO RM 42.00, JUST DUMB DUMB HOLD FOR THIS 2 MONTHS COMING MAH....!!
WHEN BLUECHIPS IS MAKING IS A REALITY, THEN PE 10X TO 15X...IS A REALITY LOH...!!
REMEMBER THE ULTIMATE ADVICE BY WARREN BUFFET ALWAYS INVEST LONGTERM
LESSON FROM WARREN BUFFET;
Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbo t” prices of analysts or the opinions of media pundits.
Instead, we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well. Sometimes the payoffs to us will be modest; occasionally the cash register will ring loudly.
The same applies to world champion hengyuan which have a much higher ROE than berkshire hathway mah....!!
The connection of value-building to retained earnings that I’ve just described will be impossible to detect in the short term.
Stocks surge and swoon, seemingly untethered to any year-to-year buildup in their underlying value.
Over time, however, Ben Graham’s oft-quoted maxim proves true: “In the short run, the market is a voting machine; in the long run, however, it becomes a weighing machine.
RAIDER COMMENT; NOTICE PHILIP 66, WARREN BUFFET REFINERY INVESTMENT, ITS PE 22x VERSUS HENGYUAN 4X LOH...!!
HENGYUAN TRULY A WORLD CHAMPION LOH....!!
JUST HANG ON TO YOUR HENGYUAN DUMB DUMB U WILL BE WELL REWARDED..!
“If you can keep your head when all about you are losing theirs . . .
If you can wait and not be tired by waiting . . .
If you can think – and not make thoughts your aim . . .
If you can trust yourself when all men doubt you...
Yours is the Earth and everything that’s in it.”
THE MORAL OF THE STORY, DO NOT LET PONDANS...PONDAN U LOH...!!
Stock
2018-03-02 15:10 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
02/03/2018 14:21
02/03/2018 14:44
RickyHo diam la luoli !!! just like a fly ...here is sumatec not hengyuan!! no oil company !
Stock
2018-03-02 15:10 | Report Abuse
i long time no play suma already. Already made my profits and run years ago...just hanging here with popcorn watching the monkeys hihihihih
Stock
2018-03-02 15:08 | Report Abuse
The force is here mah...!!
IT IS KAMBING & KAMBING LOH....!!
THE FORCE IS STRONG & GETTING STRONGER MAH....!!
THE MOON IS EMERGING WITH STRENGTH MAH.....!!
I FEEL THE FORCES...IT IS GETTING THERE MAH.....!!
THE SUN SIGN CONFIRM ALL THESE OPPORTUNITIES LOH...!!
VERY POTENTIAL HENGYUAN WILL EXPLODE UPWARDS FROM BASE BUILDING RM 15.00 LOH...!!
IT IS VERY NEAR & GETTING NEARER LOH..!
It is less than 2 days away mah....!!
IT CAN SKYROCKET WHEN RM 15.10 IS CLEARED LOH....!!
IT CAN ALSO SKY ROCKET DUE TO PASSAGE OF TIME LOH...!!
IT IS JUST ANOTHER 2 MORE DAYS BIG BIG PROFIT LOH...!!
DON MISS THE GREATEST OPPORTUNITY TO MAKE $$$$$$ LOH..!!
$$$$$$$$$$$$$$$ COMING LOH....!!
Why Hengyuan coming loh ??
Remember the force kambing is not for short term players,but for longterm investors who have not bought enough mah, General Raider would not encourage short term mah...!!
Why leh ?? Bcos God don like short term mah....!!
Ask yourself ? Why human take at least 9 months to born and take 16 years to grow up leh ??
Bcos God believe in long term investment that will nurture your investment mah....!!
Remember Hengyuan coming, when up will not be 5 sen, 10 sen, 20 sen loh...!! It will be Rm 1.00, 2.00, 3.00 rocket up loh...!!
Hengyuan will kambing rocket up mah...!!
Stock
2018-03-02 15:06 | Report Abuse
hi nomaland..long time no see...this suma forum has become rubbish thread...lots of monkeys....i just play with the monkeys hahaha
Stock
2018-03-02 15:03 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
02/03/2018 14:21
02/03/2018 14:44
RickyHo diam la luoli !!! just like a fly ...here is sumatec not hengyuan!! no oil company !
Stock
2018-03-02 15:02 | Report Abuse
the list of barking stray dogs
trulyinvest
3iii
ricky yeo
traderman
mymymy
peterchu
moneykj
Mymymymymymymy
qqq3
Huatar333
boomerang
paper308
lakelandhen
dragonslayer
karma acting on the stray barking dogs! their days are numbers and THAT DAY when they dont see the daylight is nearing unless they repent; the town/city board is now shooting to kill the stray dogs<<<
oooooooo
Despicable.
If you, oooooooo, are stressed, just sell down to your sleeping point rather than posting nonsense and talking about karma which you know nothing about.
---------------------------
he, oooooooo the 1 getting karma ... already disappear after result out. should be cut loss like mad d
Stock
2018-03-02 15:00 | Report Abuse
why I ask people sell ? the 120 eps is one off gain due to Mexican refinery shut down. and in q3 report company already said margin for remaining of 2017 will not be good. those two things are in the quarter report. you do now need a analyst to tell you
Stock
2018-03-02 14:59 | Report Abuse
everday most people feel exhausted.. feel world hurt u people.. feel u need a hero to help.. who need a hero..?look at the mirror.. there ur hero is.. that hero will buy sumatec & help u to better urself..! now follow me..! lets all believe in sumatec again..! lets believe in the passion & vision of Tan Sri Halim Saad! lets all join hand together we make Sumatec great not again only like make America great again but shoot the star be the dominant force of oil & gas industry..!
Stock
2018-03-02 14:58 | Report Abuse
lol ... even hy strong rebound 2 dollar, that is only 14 ... no sharks will ever push hy back to 19 again with last quarter of eps 60 cent only ... and you also need to consider the broad market ... now trade war started ... equity sink ... which sharks gonna push for you ? wake up... be a rational investor
as i said, keep scold people pondan and stupid will not make you superior . it is scolding back yourself
Stock
2018-03-02 14:56 | Report Abuse
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
02/03/2018 00:30
RoyFlyToSky luoli we reject hengyuan that company is like eegg standing on bulls horn so so so fragile..!
Aiyo Senior JC...the kapitan yap ah loy message you also repost kah....wakakaka...eggs standing on bull horns...so fragile....wakakaka......kikiki
Stock
2018-03-02 14:55 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
02/03/2018 14:21
02/03/2018 14:44
RickyHo diam la luoli !!! just like a fly ...here is sumatec not hengyuan!! no oil company !
Stock
2018-03-02 14:53 | Report Abuse
1st is..,the loss is not big.. that is actually cost including to future cost.. 2nd.. why low revenue..?cuase standard business give payment duration terms to customers.. 3rd is i see this as a new drama.. investors r itchy for dramas..! 4th is tomrrow if fall also fall only 1cent.. 5th is i won't sell cause if i sell tomorrow in future i will loss other shareholders support..! i will be with u till the end guys..! 6th is hope not yet gone still far cause this is not PN17 company.. see perisai can improve although a PN17.. sumatec will do better we have maybe a slight misfortune this qr but next no!
Stock
2018-03-02 14:46 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
02/03/2018 14:21
02/03/2018 14:44
RickyHo diam la luoli !!! just like a fly ...here is sumatec not hengyuan!! no oil company !
Stock
2018-03-02 14:44 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
02/03/2018 14:21
Stock
2018-03-02 14:40 | Report Abuse
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
02/03/2018 00:30
RoyFlyToSky luoli we reject hengyuan that company is like eegg standing on bulls horn so so so fragile..!
02/03/2018 14:22
RoyFlyToSky just shut ur mouth louli after u get burnt at hengyuan.. if want to tell truth just tell u want money after u open ur cloth.. some can want ur service.. but question is u have aids lah..?
Stock
2018-03-02 14:36 | Report Abuse
we reject hengyuan that company is like eegg standing on bulls horn so so so fragile..!
Stock
2018-03-02 14:23 | Report Abuse
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
02/03/2018 00:30
RoyFlyToSky luoli we reject hengyuan that company is like eegg standing on bulls horn so so so fragile..!
Stock
2018-03-02 14:22 | Report Abuse
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
02/03/2018 00:30
RoyFlyToSky luoli we reject hengyuan that company is like eegg standing on bulls horn so so so fragile..!
Stock
2018-03-02 14:21 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17
Stock
2018-03-02 13:49 | Report Abuse
Junior dragon...boring eh....see the monkeys shoot arrow bery fun leh...hahaha
Stock
2018-03-02 13:48 | Report Abuse
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
02/03/2018 00:30
Stock
2018-03-02 13:47 | Report Abuse
AIYOYO junior dragon...gua nothing to buy...boring eh....post for fun lor....hihihi
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2018-03-02 02:28 | Report Abuse
GO CHECK THESE OUT CAREFULLY:
1) Super Enterprize made 200%
2) Pohuat made 200% (All furniture stocks bull run Calvin called to buy)
3) Silk made 200%
4) JAKS (Jaks jump, jump, JUMPED from 40 cts to Rm1.20 (UP A NICE 200%)
5) MyEG made 100%
6) AJIYA made 100%
7) Supermax made 100%
8) JERASIA made 100%
9) IPMUDA made more than 100% & LIMIT UP!
10) Pm CORP made 100% (3 Times in 3 years)
11) PRESTAR (Pre Star buy it before it turns into a Star) Made 70%
12) ASB (Up 50%)
13) KHEESAN Made 80%
14) PADINI made 90%
15) TAWIN (Big win) Up 80%
16) Kimlun - The Golden Dragon made 60%
17) THE STORE (Up 25%)
18) NTPM - (King of Tissue) Up 40%
19) WANGZNG - King of Fortress (Up 40%)
20) MAHSING - The Singing Horse (Up 25%)
21) MAYBULK - The rebound of Baltic Dry Index (Up 90%)
22) CEPATWAWASAN - Cepat cepat beli (Up 40%)
23) NYLEX - Up 20%
24) Southern Steel (Up 30%)
25) KULIM (Taken private) Up 60%
26) TMakmur (Land of Prosperity. Taken private) Up 37%
27) KPSCB (Kaboom Power Surging) Up 45%
28) MASTEEL (Master of Long Steel) Made 60%
29) THPLANT (Up 15%)
30) BPLANT (Up 12%)
31) JTIASA (Giant Treasure) (Up 40%)
32) MHC PLANT (Up 15%)
33) CPO FUTURE (Up 15%)
34) INSAS (Up 11%)
35) WASEONG (Up 20%)
36) MFCB (My Father Comes Back) Made 40%
37) Cyclical 11MP Election stocks KKB (Kaboom Kaboom Booming) Up 35%
38) Cyclical 11MP Election stocks CMSB (Up15%)
39) RceCapital (The Best of Banking: Legalised Ah Long) Made 60%
LATEST ANNOUNCEMENTS:
THE STORE GOING TO BE TAKEN PRIVATE FOR 50% PROFIT OR MORE THAN 18% FOR EACH YEAR OF 3 YEARS!!
AND PRESTAR WILL BE ANOTHER 100% JACKPOT SOON!!
SO 4 STOCKS MADE 200% (Super Enterprize, Jaks, Silk & Pohuat)
6 STOCKS MADE 100% (Ipmuda, Supermax, Ajiya, Jerasia, Pm Corp & My EG)
4 STOCKS TAKEN PRIVATE FROM 37% to 200% GAIN
KULIM, TMAKMUR, THE STORE & SUPER ENTERPRIZE!
Can you CALCULATE?
The Top 10 Stocks already gained 1,400%!!
Stock
2018-03-02 00:34 | Report Abuse
达雅集团（DAYA 0091）今早宣布陷入PN17公司後，股价狂泻42%，令投资者不知所措，以4仙收市後，竟宣布获得一项价值1亿407万令吉合约，是管理层做出＂溺水前的挣扎＂吗？
达雅集团今早因为股东基金太低，被大马股票交易所列为PN17公司，并命令该公司提呈业务重组计划，以避免被除牌的命运。这项消息公布後，该股遭受惨重抛售，股价溃不成军。
然而，该公司在收市後就做出宣布，表示它拥有51%的子公司，获得槟城专科医院颁发总值1亿407万令吉建医院合约。
槟城专科医院也是KPJ医药集团旗下子公司，达雅集团将为该医院於威省现有医院，新建一栋十楼高医药大楼，包括一座停车场和国家能源分站。
该工程将於三月八日动工，预料将在二零二零年十二月七日完工，达雅集团表示，为期三十三个月的工程将为集团贡献盈利
01/03/2018 22:05
Stock
2018-03-02 00:30 | Report Abuse
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
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2018-03-02 00:29 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17.
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2018-03-01 23:53 | Report Abuse
Hengyuan
What is its Cash from its operations? RM 1 BILLION LOH..!!
Minus the tax to get its net cash ftom operations. NO TAX BUT EVEN INPUT TAX THE CASHFLOW AT RM 760M IS ALSO VERY SUBSTANTIAL MAH..!!
Minus the capex from this net cash from operations to obtain the FCFF (free cash flow to firm).
U MUST UNDERSTAND THE ONE TIME ...CAPEX OF RM 760M TO UPGRADE HENGYUAN IS GOING TO BE USED FOR NEXT 20 YRS MAH...!! COMPARE TO PETRONAS RM 64 BILLION AND PETRON RM 14 BILLION, HENGYUAN IS HIGHLY COMPETITIVE LOH..!!
To derive its FCF to shareholders:
Minus the net interest payments and payments to minority interest (if any. In HY this is 0) from the FCFF.
WHAT IS THE INTEREST COST TINY LOH ??
NOT EVEN RM 60M PA COMPARE T0 THE FREECASHFLOW LOH...!!
What is Hengyuan's FCF?
THE FREECASHFLOW IS RM 760M PA LOH...!!
Additional notes:
1. Its cash from operations though positive in recent years faces uncertainties (due to nature of its business as guided by the management). 2017 is possibly its best performance year and not sustainable. TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"
HENGYUAN HAS SUPERB EARNINGS FOR CONSECUTIVE 3 YRS LOH...!!
ITS LATEST EARNINGS EPS RM 3.40 EXCEED, THE MOST EXPENSIVE CO IN KLSE NESTLE EPS ONLY RM 2.75 LOH...!!
2. Now that it is profitable, tax will need to be paid, reducing its FCFF and FCF relative to its tax free year (due to losses).
EVEN PUT IN NOTIONAL TAX , HENGYUAN FREECASHFLOW STILL EXCEED RM 760M.
3. Its capex is huge relative to its earning, its CFO, its netCFO, its FCFF and FCF. Earnings maybe high in the income statement but FCFF and FCF are correspondingly much lower than earnings due to high capex.
LETS LOOK AT CAPEX RM 760M V FREECASHFLOW RM 760M (NET OF NOTIONAL TAX }, THE INVESTMENT PAYBACK IS HIGHLY PROFITABLE ONLY 1 YR LOH..!!
NO WONDER THE BANKS ARE EAGER TO LEND LOH..!!
4. Its debt levels are high. Companies with high debts are "riskier". Interest rates have bottomed and should be trending up. 1.5 billion debt at 4% interest should mean about 60m interest incurred yearly. This should reduce its FCF too. In good times, debts maybe manageable and in bad times, it cuts deep into the flesh.
VERY HIGH MEH ?? WITH MORE THAN RM 1 BILLION CASH IN HAND PLUS FREE CASHFLOW ABOUT RM 760M AFTER TAX, THE EXPOSURE OF BORROWING OF RM 1.4 BILLION IS TINY LOH...!!
The share price of Hengyuan will be determined by its FCF generated over the future years. Companies with consistent, growing and high FCF should enjoy a higher intrinsic value compared to those wirh volatile and inconsistent FCF. CORRECTLOH WITH STRONG FREECASHFLOW OF RM 1 BILLION AND AFTER TAX RM 760M, THE FAIR VALUE OF HENGYUAN SHOULD BE RM 22.OO TO RM 42.00 LOH...!!
REMEMBER HENGYUAN PE IS LOW 4X V PETDAG 16X AND NESTLE PE 42X, THERE ARE BIG RERATING UPSIDE HOR HENGYUAN LOH...!!
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!!
AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!!
DO NOT LET PONDANS....PONDAN U LOH...!!
Why be so stressed? Rather than be abusive, they should just sell down to the point they can sleep well. Perhaps, greed and fear makes them foolish in their postings. Rather than attacking the facts, when they choose to abuse those who posted contrary to their views, they looked stupid and have lost the moral high ground in this discussion.
OF
JUST REMEMBER LOH....IF U ADJUST FOR TAX THE FREECASHFLOW OF HENGYUAN IS RM 760M OR NORMALISED FREECASHFLOW OF RM 2.5O LOH...!!
CONSIDERING HENGYUAN YIELD ON FREECASHFLOW WILL BE RM 2.50 DIV BY SHARE PRICE RM 15.10 GIVING A YIELD OF 16.5% THIS IS CREDIBLE CONSIDERING;
NESTLE, DLADY AND PETDAG ONLY ACHIEVE FREE CASHFLOW YIELD OF ABOUT 6% PA LOH....!!
HENGYUAN FREECASHFLOW YIELD IS MORE THAN 2.5X STRONGER THAN NESTLE, DLADY AND PETDAG LOH...!!
GOING FWD U COULD EXPECT INCREASING DIV GOING FWD DUE TO ITS STRONG CASHFLOW LOH....!!
Stock
2018-03-01 23:51 | Report Abuse
It is up to you to believe SUMATEC will RALLY to 25sen at least soon. 4QFY17 results is expected to be announced today. I believe the share price of SUMATEC will rally until early of March.
This 4QFY17 results is important to indicate another strong earnings in FY18 and onwards, and this will help the share price to reflect my FY18 current valuation of 56sen.
My FY18 TP of 56sen remains intact, based on my FY18 DCF assumption and has not fully reflected in the share price yet.
Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b.
The rally will be on the back of its potential exponential earnings episodes. It will start with sequential strong 4Q earnings. I mean strong quarter-on-quarter results. I don't expect much on year-on-year because the Company is on recovery trend. Quarterly, its financial results has started to turnaround in 3QFY17.
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2018-02-28 17:56 | Report Abuse
I like the volatality. TQ Hengyuan
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2018-02-28 16:33 | Report Abuse
aiyoyo junior dragon i provide liquidity to the market and comm to my remisier ok... better than all the keyboard warriors here hehehe
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2018-02-28 16:28 | Report Abuse
Raider run road already, im still here...hihihi
Posted by 3iii > Feb 28, 2018 04:25 PM | Report Abuse
You sounded like my friend raider. :-)
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2018-02-28 16:21 | Report Abuse
actually i want to get back onboard b4 closing today...lets see
Posted by 3iii > Feb 28, 2018 04:20 PM | Report Abuse
So smart. I thought your target price was 22 or 40.
At least you still wearing your pant.
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2018-02-28 16:18 | Report Abuse
i sold all my hy, but i think it will rebound strongly tomolo//
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2018-02-28 16:14 | Report Abuse
aiyoyo junior dragon, i no time to monitor HY, my mapletree comm just filled again, hihihi...
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2018-02-28 14:58 | Report Abuse
WAIT/ FOR 12.60 AGAIN
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2018-02-28 14:56 | Report Abuse
CUT/ WIN/ LIAO///./////////
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2018-02-28 14:43 | Report Abuse
junior dragon...actually i hantam more CM at 26.5sen i never tell here only...heehehehehe
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2018-02-28 14:37 | Report Abuse
12.60 definitely/ good buy hihihihi
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2018-02-28 14:03 | Report Abuse
Be greedy when others are fearful
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2018-03-02 15:23 | Report Abuse
1. HIGH EPS EXCEEDING RM 3.40.
2. STRONG EPS GROWTH EXCEEDING 300% FOR 2017.
3. STRONG CASHFLOW EXCEEDING RM 3.70 PER SHARE.
4. MSCI SMALL CAP & BURSA MIDCAP INDEX COMPONENT STOCK.
5. STRONG BALANCE SHEET WITH CASH IN HAND RM 1.00 BILLION OR RM 3.30 PER SHARE LOH....!!
6. STRONG BANKS SUPPORT WITH LOAN APPROVAL REFINANCING EXCEEDING RM 1.70 BILLION.
7. POTENTIAL DIV COMING SINCE HAVE RM 1.0 BILLION CASH IN HAND AND CASH GENERATION EXCEEDING RM 3.70 PER SHARE.
8. STRONG SHARE ACCUMULATION BY CHINA FUND MANAGERS .
9. VERY VALUABLE REFINING CAPACITY OF 120K BPD WHEN COMPARE TO PETRONAS NEW REFINERY INVESTMENT COST OF RM 64 BILLION FOR 300K BPD AND PETRON NEW REFINERY CAPACITY INVESTMENT COST OF RM 6.4 BILLION FOR ADDITIONAL 60K BPD LOH.....!!
10. INVENTORY GAIN EXCEED RM 100 MILLION.
11. FOREX GAIN EXCEED RM 50 MILLION
12. HENGYUAN SHARE HAS ALMOST COMPLETED CONSOLIDATION AND RIPE FOR A VERY VERY STRONG REBOUND LOH....!!
13. HENGYUAN IS MSIA OPERATIONS WITH STRONG HONEST MSIA MANAGEMENT AND DIRECTORS MAJORITY LOH...!!
14. POTENTIAL IMPAIRMENT WRITE BACK AS THE REFINERY ASSETS ARE PUT BACK TO USE IN 2018 LOH....!!
15. HUGE ROE GAIN EXCEEDING 60% PA FOR HENGYUAN.
16. HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!
RAIDER ESTIMATE TP RM 22.00 TO RM 42.00, JUST DUMB DUMB HOLD FOR THIS 2 MONTHS COMING MAH....!!
WHEN BLUECHIPS IS MAKING IS A REALITY, THEN PE 10X TO 15X...IS A REALITY LOH...!!
TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH...!!"