Today up with Volume. Results coming out soon. Hope it is good, so that price goes above my cost of Rm 2. Technicals going up.

15 x 15 cents , becomes 1 share. i.e. RM 2250 is your cost. Then placement at RM 1.3 to takeover company, share is equal to the 15 to 1, consolidated share. !! This is at a great discount. No wonder price keeps on falling.

Demand for passports due to Revenge Travel is high, as can be seen by AAX price going up. Also long queues at Immigration office Q1/23 results should be very good, before
Warrant Expiry. Market makers pushing price down to collect at cheap price, and later pushing it all the way up. Recent results shows improvements and it should continue.

Actually Ta Win has very good prospect, as their Irridiated Copper Cables c.an last longer and stand higher heat for use in EV. Heavy expenses for Cyprium Tech, to get certification. Once their Cables certified, price should go up. Cannot understand why price keeps going down, can be due to Private Placement and ESOS at lower market price to Directors and those having it selling to take profit. Anyway punting at 1 sen not much to lose for their Warrant.

Long queues at Immigration means profit for Dsonic. Hope price will go up. Incidentally, when is govt going to compensate Awantec for cancelling SKIN project last time awarded to them before it was cancelled ? It has already spent hundreds of millions before cancelled.

Too hasty, bloodied by falling knife. Looking for bottoming to average down, around RM1.40 ?

Thought stabilized at RM 1.90, now going to minor support at around RM1.73. Price fell due to shorties, forced selling, or Directors selling.? If so should have declaration by Directors. Waiting at bottom to collect some as Vietnam Factory , so far no Bad news, right ?

Warrant better buy as it is at a 8% discount. Why do people want to pay higher price for the same share, when you can get it at a cheaper price ?

when is closing date for IPO ? Why no mention of this ?

Maybe good chance to buy low. Drop lower, can average down, like Myeg. Think it is oversold by the Co directors. Look at Tech Analysis, when got hammer with long tail and confirmed by long white, maybe can go in.

Shorties covering their losses ? From charts, looks like it is on way up. All of its services are still ongoing, only panic sales. Moreover, Agmo distribution is still on. Can reach its price before panic sales of 90 sen ? Hope so.

E Frame warrant is very undervalued.

Hope can rebound as gone sideways for a long time from 2/12, 2022. Good FA and actively buying back own shares.

Most CPO shares are making good profit. This shows despite high fertilizer cost and higher wages for workers, it is still profitable Land is a scarce commodity, so should Sime Darby or BPlantation sells any one of its good location land, it will reap enormous profit. TSH will also later gain from its land near to new Indon capital at Kalimantan bought cheaply in due time.

TSH a cheaper alternative to U Plantatn, with expectation of further dividends next quarter, besides current 8 cents and debt free very soon.

If you notice, most qtr results are on 30th of the month. So, HY results will be out Esok.
Just hope that it will be better than PetronM result. !! If today cross 200 days m.ave, will be good. Crude Oil price down to Lockdowns in China, world s biggest importer.

Already what apps to Wendy, thanks Calvin.

Calvin, fyi , Eagle group has disappeared from Telegram,

Calvin, does the Eagle Telegram group still exist? Thank You.

SsLee thanks for very useful comment. Hope HY results good and no derivatives loss.

Why drop so much, any news ?

Vincent 555, concur with you on huge potential of TSH. See Research has an axe to grind with Calvin, that s why he is spamming almost everyday as he promoted TSH while at same time selling it. That was why he was out from Eagle group due to a lady having losses due to his action. Singapore CPO shares mostly doing well, BUT not KLSE due to all the negative news. Anyway, the profit is in the waiting and not long, we will see the good result.

SsLee, surprised that you only have 19 posts ? Still have faith in HYuan, not long to see the results. Hope, the result does not disappoint us as Brent is still above 90 USD, and overall crack spread is still good. Seems HYuan has a lot of sharks, that s why it did not go up as expected. Most cases the price going up is - 1 day show !!

latest Merdeka survey says PH can win election. Hope this is true.

Valero, Shell posts bumper profit, so Heng Yuan should follow suit. Shortage of refiners, that s why many countries want to build Refineries. Q3/22 profit of Rm 2, and year profit of RM6/, very undervalued. Profit is in the waiting for market to realize that fair price should be higher !!

Independent Adviser says value around RM 17, yet offer only 2.30.!! Why dont competitor buy some shares and then do EGM, sell some of the properties. Sure untung one. Truly undervalued 7X !!

They press the price down to collect cheap like FGV ? Other Plantation shares all up as CPO up from 3k to 4200/ton. Force owners to sell at GO price of RM 1.30 ?

Zhuge, thanks for the info. Already read the article. Maybe at AGM can propose to Management to suggest- Higher Dividends, Share Split, and issuance of Warrants . This action normally will result in higher prices. Imagine even at Eps of RM6/ year, price is still sideways at around RM 4.20. MM must be collecting at cheap price before making it to go up!!

Thanks Zhuge for your answer. I may have missed that part of HY article that NTA increased by RM7 !! Possibly due to Hedged price of USD 12.70 compared to lower MoGas spread. So going by the estimated Nett Eps of RM6,/ yr HY is seriously very undervalued.!! All the fear of Derivative loss of RM 1 billion, countered by Derivative Gain of 7 NTA increase x300,pd up, i.e. 2 bil Derivative gain.!! Wonder what will make HY reach its fair value - giving Bonus, higher dividends instead of paltry amount, or giving Warrants, as HY seriously under capitalized for the Volume and Value of Trade being done, and that is why Banks offer them Billions in working capital. Let us hope 2017 history will repeat itself when HY price goes up.

Zhuge, SsLee, now that September is over, we can know the Ave Crack Spread of Diesel, Jet Fuel and Mogas 92, for the months of July, August and Sept. From there, based on Sales of 10.5 mil BOE, should be able to estimate the Gross Profit of Heng Yuan for Q3, not counting Derivative Gain or Loss, as MoGas is hedged at USD 12.70 whereas its Crack Spread is lower. Would it be conservative to estimate nett EPS of RM 2/ share for the Qtr ? Thank You for the effort, as Heng Yuan is very undervalued as people scared of the RM 1bil hedging loss and dont understand that it is just an accounting provision.

Zhuge, SsLee, now that September is over, we can know the Ave Crack Spread of Diesel, Jet Fuel and Mogas 92, for the months of July, August and Sept. From there, based on Sales of 10.5 mil BOE, should be able to estimate the Gross Profit of Heng Yuan for Q3, not counting Derivative Gain or Loss, as MoGas is hedged at USD 12.70 whereas its Crack Spread is lower. Would it be conservative to estimate nett EPS of RM 2/ share for the Qtr ? Thank You for the effort, as Heng Yuan is very undervalued as people scared of the RM 1bil hedging loss and dont understand that it is just an accounting provision.

It is already mid October, and we should know the Crack Spread of all HYuan s products. After October, and beginning November, hope that HYuan s price can go up as in 2017 case. Would it be reasonable to estimate an EPS of around RM 2/ share for Q3/22. ?

TSH CW-T, maturing soon,- 20/10, that is why TSH price did not go up much. As CPO futures going up, hopefully will cross the Rm 1, before resistance at RM 1.13.

A few months ago, price was above RM1!! Can it be they are affected by higher cost of borrowings ?

However, TSH and Innoprise can be considered. TSH due to the coming very good results, and Innoprise due to no borrowings, and thus very good dividend yield. CPO is still profitable as at the current price, selling price of CPO higher than production cost of around 2500. Uncle Koon , do investigate these two shares, as it is better than JTiasa and Subur Tiasa.

See Research, everyone entitled to his own opinion, dont have to blame and shoot others. Calvin has done lots of good things to inform investors about TSH potential. Only time will tell, but obviously land prices will go up as time goes by. Moreover, with Director buying non stop, slowly and surely the price will go up. Furthermore, it has good fundamentals too in terms of Eps, and CPO prices is well above the cost of production of around 2k/ ton. I believe TSH will have good prospects and potential in the future as its debts will be pared down from land sales profits.

Hope HY will go up on this good news as Banks wont lend if they suspect Company always suffer from losses. Actually not to worry about hedging losses as it is not realized yet !! Only when realized will it be put into Profit n Loss Account. Actual story is HY hedged at USD 12.70, but crack spread higher. Just a loss of Opportunity, that is all. Q3/22 result of Expected more than Q2/22, will reveal truth.

Uncle KYY only telling half truth. His crack spread is only for MoGas 92,95, of which comprise only 30% of HY production. 46% is Diesel, of which Crack Spread is high, more than USD 40. HY already hedged 18 mil boe at USD 12.70 as a hedge for this MoGas Crack Spread, so at low spread, there will be a gain. KYY has been known to do what is contrary to what he is posting. Would not be surprised if he is buying HY instead since price is undervalued for a high Eps share. Already we can read Iraq, Vietnam, Indonesia all wants to build Refineries as there is shortage of Refining capacity. Still believe SsLee, Probability and Zhuge s explanation that H2/22 will be better than H1/22, and thus not surprising Net Eps around RM 5 for the year. In Europe public clamouring for Windfall tax on Energy shares as these companies made huge profit as a result of the Ukriane Russia war causing higher Refining Spread due to limited supply of Gas, Oil. Q3/22 result will show who is right. July, August already shown high Diesel Crack Spread, except for MoGas 92,95 due to overproduction by Europe s refiners which is mostly Simple Refinery, and not Complex as in the case of HY that can produce Diesel and Jet Fuel.

Road to full year Eps of RM 5/. Then those who dont believe will miss the chance. Diesel demand will be higher as Winter approaches, Russia not exporting Fuel, Gas to Europe, and onset of Typhoon season. All unbelievers trying to cast doubts on HY so as to get cheaper price. Still agree with SsLee, Probability and Zhuge that HY will achieve incredible results on par with other refineries the world over. Not an understatement that HY can touch at least higher than RM 7.70 after results out.

Very sad to see Heng Yuan forum hijacked to condemn one another, using expletives, and mentioning an experienced Remiscier deserves to die. Talk about Oil price, facts and figures of past results, and not to wallop each other with bad words. Admin do take action.

SsLee, can HYuan management clarify on the hedging loss provision and make announcement. ?? I believe this is the reason many sceptical on good eps since derivative loss is taken to be negative to the good profit announced. Whatever it is Probability explanation is good to allay the retailers fears. Price is very undervalued since in Q3, with crack spread hedged at 12 Usd for 18 mil barrels , should give a handsome profit since present crack spread below 10 Usd.

Probability and SsLee has done a great job to educate retailers about Hedging/ Derivative losses. Due to Ukraine-Russia war demand for Diesel will increase and thus widen crack spread. Though Gasoline crack has gone down, HYuan has hedged 18 mil barrels at USD 12 !!. So in coming Q3 for Petron and HYuan, both will still get good profit as Europe faces tight supply of Gas which is replaced by Diesel. Nowhere in KLSE is found a share that will have massive EPS for the year , 3 months already 2.22 !!

Still believe HYuan has great potential after explanation by SsLee and Probability of Derivative or Hedging losses. Coming Q3/22 results will be also good as 18 mil barrels hedged at USD 12. Despite the very excellent results, there are people trying to push prices down so as to collect it cheap and instill fear to retailers who dont understand how Hedging works. After accumulating enough shares, these syndicates will push prices up to gain profit.

The loss in NTA is due to Allocation for hedging loss and is not Realized during the 2 nd Quarter 22. It is just like you buy Glove shares at RM 4, and it fell to RM 2, but you have not sold it, it is just paper loss !! The price may recover, and when you sell it, then only actual gain or loss. The Hedging loss allocation is till 2024 according to report. Since allocation for loss in Balance Sheet, thus NTA is down by the Hedging loss. Recently Thai Oil released their Q2 report, and said prospects for Diesel is still very good with good Crack Spread. So all is still well with HYuan and Q3 will still be good.

Grateful thanks to Zhuge liang, JohnZhang, Probability and OTB for their faith in HYuan having very superb profit !!! A very happy Merdeka to all who believe in HYuan !! call warrants GO, Go!!!

Ong ah, Heng Ah, Huat Ah, Earnings per share of ------RM 222.49/ share , highest in History !!!! Bonus dividend declared - 10 cents, again, highest in History !! Price Earnings ratio of --1.9x.

Credit must be given to Zhuge Liang, John Zhang and Probability plus OTB for their meaningful contribution to this Forum discussing HYuan. Most refiners, if not all, reported handsome profit, what makes HYuan the exception ? It is good that not many believe HYuan can have good profit, so potential to go higher is there. This is unlike 2017 where most expect net Eps of higher than Rm 1.50/ share and when results, not good, the price fell from RM 18 downwards. Many lost their hard earned money. Hope this round it is the reverse, many will make good profit, especially those playing Call Warrants !!!

Waiting excitedly for Q2 results. Famous advisor says Gross Profit will be around RM 1bil. After deducting expenses and tax, assume Net Profit to be 450 mil or Eps of RM 1.50/ share. Anything above RM 1/ will be very good. If Q3 is better than Q2 due to no hedging losses, assuming eps of 1.50, already 9 months, total Eps of around RM3/ already, for a price of RM 5.30 !!! Sincerely hope HengYuan will give a decent Dividend to give shareholders a boost. Up , up and away !!!

Let us hope Sslee is correct in his estimate of HYuan s profit and Call Warrants, C 26, 24, 25 39, will all go up to reach RM 0.88 cents. !! Eps of RM 1/ share at least !!

Will be happy if HYuan can reach former high of Rm7.77 and later reach Rm 8.88. Of course depends on Q2 results, middle expectation is RM 1.50/ share. Later should high Crack spread maintained due to Ukraine war, hopefully can reach former high of RM 17, which was achieved in 2017 based on lower Crack Spread. !

Agree, hope HYuan dont disappoint us. Dividends if given is a bonus as Stockraider says HYuan stingy being China controlled company, maybe because of delay in Subsidy payments by Govt. Petron has good results and yet price went down. Hope Petron CY, HYuan C25, C 39 besides C 24,26, will also go up as it is more sensitive to price rise since former has lower conversion ratio of 4 and 5 to !.