@3iii, Ans: For me, I don't predict future, if you try to predict future you can go ahead, I'm not good in doing so. Today I see opportunity of Hengyuan is selling at very big discount EPS RM3.11 PE3.64 in front of me. Why you want to think what will happen in 2018?

I don't invest until 2018, I invest base on today QR and the already accepted PE for Hengyuan is 5
price should be 15.55 very simple mathematics. I'm very sure of it. You can go ahead and put up confusing figures but i don't buy it.


Henly Can you find a counter with PE 3.64 in KLSE accept Hengyuan?
04/12/2017 10:42<<<


Invert

Why the low PE?

Maybe the PE should be 2.

What will its EPS be in 2018?

Can you find a counter with PE 3.64 in KLSE accept Hengyuan?

congratulation to all, fanstatatic result 120 cents per share

@Muthusamy not just try to be funny, he is water gun, looking at Q2 result ha ha ha

tutup kedai

buy 1.45

buy more at 1.47

QR tonight .......happy weekend liao

@aslm, When we get angry, we cannot think thr' our head and brain. Be patient. waiting is the game plan here and don't sell it too early. We have all the information, Everything are clear now, the only thing is to wait for the price to level up to the Masteel performance. Mr. Market need time to get confident. i think.

@aslm, nothing wrong with KYY comments in the forum and he posted his side of argument. please show some respect and be more polite in posting your comment even if you disagree with him.

@AzerothJr, What you are elaborating is very correct for a trader but to KYY, he is a well known and respected person in our society.
For your information, respect is through contribution to our society not black magic, not how much money he has and not by making money against own principle and against your own shelf.

KYY, May i ask one question, since last year property market was very very bad and you also predicted next year will be even worst. Masteel QR since last year already improving until today and they just reported a record breaking QR but you are predicting Masteel QR in 2018 will be down due to bad property market.

Masteel with the EPS of 24.76 cents and PE of 6.14 is not worth to invest and Jaks with EPS -1.23 is a fantastic investment by predicting what will happen in 2018. The largely small investors cannot see the logic of it. Worst if apply your golden rules.

To me, currently all steel counters like southern steel , Annjoo, masteel and Lion are protected by government anti dumping tax and import duty.
China steel supply to malaysia market which is the main problem of steel mills in Malaysia for so many years finally resolved. if these continue to hold, all steel mills will continue to perform well for many years to come.
There will be another boom cycle of steel mills when China steel mills will be rushing to Malaysia to build more steel mills to supply back to China instead.

KYY comment is against his own golden rules if you compare Masteel QR and Jaks QR. If you cannot see elephant in front of your eye, please don't try to catch mosquito across the river.

Either KYY looking to far ahead or he is too slow behind. Current property market already very bad and he believe Masteel bulk sale is from property sector. and next year Masteel will not get sale from property sector and the QR will be lower.

I suggest he go and read properly the QR of Masteel financial report and make a valuable comments

@iedg, Masteel will not make RM416millions, if can maintain 38millions for the next few QR, total a year is 152 millions EPS 0.48. price will be more than 2.8-3.00

@OTB, nothing wrong with instill confident "next quarter will be very good" . Masteel already proven fantastic QR result but the price is not yet so better act fast. Thank you OTB for your free advise. I guess is not so fair to your subscribers, i think. I do not need OTB advise but he give me confident to add more.

Cheers OTB

@TOM, nothing wrong with curi curi whatsapp message, if man enough, admit it. Anyway masteel huat ah !!! cheers

very shallow thinking indeed

The statement of masteel mainly depend on properties sale is totally not correct and not true. Steel mills business mainly depend on construction projects including property projects. Currently you can see even small and medium EONPILE who are using rebars with project worth billions in hand, gamuda 8-9 billions etc.
Don't be mislead by a swiping statement of unscrupulous.

go go go huat ah !!!!

losing money since 2013 every QR lost, those follow must have little brain in the head.

no. of share issue under ESOS very little, only 7000 ????

break new high!!!

Chinese are unhygienic, they don't wash their prick after urinate, they don't wash their ass hole after shit'ing including the Islamic scholar Redzuan Tee, Chinese muslim. quoted by Zamihan https://www.youtube.com/watch?v=XPJd_HVRSdg

@brightsmart, if this the case, why you are here wasting your time???


Hengyuan operate all their business in Malaysia and makes their money from Malaysia but does not mean they will share their profits with you.

@Jupiteang, Please do your homework before putting up a sweeping statement about China investors
You must be still living in stone age era, stand still.

SHPC bought 51% of shell at USD66.3 millions (11% of SHPC assets) in Dec 2016. This shows that the Chairman is a genius. (or you can him as CON)

@brightsmart, This is a con company with 1700 employees total assets of USD582 millions

Shandong Hengyuan Petrochemical Company Limited (China)

Established in 1970,
SHPC has total assets of 4 billion Yuan (approx. USD582.53 million) and employs 1,700 employees. SPHC is one of the Top 100 Leading Enterprises in Shandong and one of the Top 500 Chinese Chemical Enterprises. The Group has garnered multiple accolades over the years and its Chairman and General Manager, Wang Youde, has also received recognition including ‘One of Ten Outstanding Entrepreneurs in Shandong Province’ and ‘Outstanding People Award of National Advancements in Productivity’, amongst others.

@Jupiterang , I wonder how you be so sure about Q3 poor result ????? you have facts and figures to show ?????

The coming election result, better to be hang government

@ There are always unforeseen factors in any company operation, we can only judge. As ringgit is strengthening, if company fix the exchange at 4.3, then there will be exchange gain, major maintenance already done in Q2, it will be very very unfortunate if there will be another major breakdown. Most factories will mitigate the risk to prevent and reduce this catastrophic effect. First you should trust the management ability if not then you should leave this company.

ASB take money out to invest in USA

say good things, think good things, do good things and the good luck will come after 5 months.

those who can draw EFP money, must draw out now, immediately

The crack spread made mistake in 2Q, going to get accurate Q3 加油

Lao sai stop already

@ CharmingMalaysia, At 6, almost 50% of the recent trending investors already flush out, you are right 5 is safer but it may not reach 5 as I assume 50% of the people are holding to the share

next support is at 6, i will sailang if it hit 6

some small investors trying to trick the market by queuing small lot at very high price, good try

Already climate

market already over done

can only prey to god

where is the spread team?

cut loss and run

These few days will flush out all speculators and short term investors.

worst case scenario EPS 93.16+28.14+33.77+33.77=188.84 PE=5 price at 9.442 at 7.35 (28%)
Average case EPS 93.16+28.14+50+50=221.4 price at 11.07 (50.6%)
Good case EPS 93.16+28.14+69+69=259.3 price12.96 (76%)
Excellent case EPS 93.16+28.14+93+69=283.3 price 14.16 (92.6%)

Buy below 7.35 is safe bet

counter with PE less than 5, you are saying scary?

below 7.3 going in 10%, below 7 going 10% below 6.50 going in 30% below 6 sailang

lousy brand when cheap sale drop 20-30-40%. Branded items cheap sale is 10% and a lot people will grab

7.5 no meat