The fundamental of the company remain no change..... It is just the market sentiment is not good... dumb dumb hold.... market sentiment cannot be bad forever....

Dumb dumb hold....:-)

Yes..Agreed.. patient is the key at the moment as the cloud will pass.....

Market is not good at the Bursa.....Cloud all over.... Most of the counters are traded very low besides HY.....

I also just bought some this morning.....:-)

The fundamental is still the same..... I think there is no point to check the price regularly at this point of time... Patient..... Dumb dumb hold.... Time will tell.... will off comp and come back to check once a while..... Hope to see some of you next year...... :-)

Dumb dumb hold..... The stock price should rebound back to 15 in no time...... The China fund is very strong.... HY 's earning for FY 2018 will be good as well...... Anyway I cannot any stock as good as HY ....

China Fund is strong....

I cannot find any other good company as good as HY, high EPS (3.03)and low PE(5). At least, after buying HY, I can sleep and eat well, not worrying the company will go bankrupt or doing badly due to stiff competition from other company as refinery business always has demand (people always need fuel, diesel, petrol and other petrol derivatives etc)and the business nature is simple and straight forward. The China business minded management is good and sincere. The 2 cent dividend is just an initial payment, which will follow by continuous dividends in the coming quarter. Once the upgrading work is completed this 2018, HY will increase the dividend payment as the cash flow is no longer so tight.

HY EPS for FY 2017 is RM 3.03...Even higher than Nestle EPS FY2017 of RM 2.75.... Nestle stock price is currently closed at RM122 while HY is currently only RM15.1.....There is still plenty room to grow for HY counter based the low PE of 5.03. The interim dividend is given which will mean final dividend to follow. This at least show the difference between HY with companies like XingQuan.

The business minded china management will guild HY for achieving another phenomenal year of 2018. The crack spread for the 1st Qtr 2018 is very good. HY is in the right path to becoming super counter....
The time is near.....The 4th Qtr report of 2017 should be announced in this few days.... The HY price will rise up very fast.....after the report is out....

Stay positive but not over optimistic....... be careful of the big swing in HY price again.
Buying Call warrant issued by IBs is like gambling in Casino...as IBs always win....
Happy Investing....

There are many people wonder "Why then is Hengyuan priced at low PE? ". I believe the answer is TIME.......
However.....It is near.... The Qtr report is coming out soon... Once the report is out....The stock price will rise very fast.....some says limit up...... If one still have money , one should invest in this stock..... :-)

patient.... this is a good counter...

Patient ... Fundamental of HY is still the same.... HY is a super counter.... Along with it, comes with people who want to buy it cheap. Let us not bothered by the wild swing of HY stock price into repeatedly trade(buy/sell) as the cost of trade is quite high.... One will lose if trade too often.... Hence, just dumb dumb hold........ :-)

Let us focus on the fundamental valuation of the HY.... The evidences are abundantly provided by many people.... year 2017 and 2018 will be good financial years for HY.......

Just stay away from the forum till the 4th qtr report of 2017 is out. It is very soon..... Look at Nestle counter, the stock price jump 1.10 when the 4th Qtr report of 2017 is announced today.

In plain fact.....currently....the cumulative 3 qtrs EPS for HY is already RM2.41, comparing it with Nestle total EPS RM2.75 for year 2017. Currently, Nestle stock price is 121.50 while HY is only 14.12. Look at the potential.... Can you find any better counter than HY? It is definitely far better than keeping the money in bank....and waiting for the market crash to happen....

There is still dividend payout........ meanwhile also look at the affordability to hold.....

Many Thanks to satan118, Zhuge_Liang, probability who share the information that give the insight into why HY's China management is doing better than Shell.... why HY's 2018 EPS will continue to be strong(EPS >= RM 2.5), factoring in the shutdown in 3Q2018, income tax etc in addition to super performance that HY achieves in 2017, (coming Qtr4 2017 will be exceptional well based on crack spread and China management)...... Huat ah!!! ..... to HY for it is a super counter...

Don't just keep mentioning the word "cyclical stock" as if it is a curse word. Remember PMETAL was a cyclical stock also. It is blue chip now thanks to the good management it has.

"Things are dead, People are alive". If Chinese management know the nature of refining business is cyclical, Chinese management will improve it. All will be shown in the coming 2017 Qtr 4 result.

A cyclical stock can turn to defensive stock so long the management can maintain the revenue. See the link below to understand more.

https://www.privatebanking.societegenerale.com/en/media/investment-strategy/equity-solutions/equity-nutshell/cyclical-defensive-stocks/

Time is near ...... Dog year is an auspicious year for HY... The coming quarter report for the 4rd quarter 2017 will be remarkable well based on the crack spread and management of China.... Those who have not bought and hesitated can wait till the quarter report out then decide..... 1 lot is just 100 share.... Those who want to buy can buy within own affordability ....As usual, many Mr Dooms here can continue to bad mouth about HY or forecast crash is Imminent for US , Malaysia market etc.... It is normal.... This is because HY is super counter..... Everyone want to buy cheap.....

happy CNY.......Huat ARR....to everyone......:-)

Mr Doom is wrong .... DJIA was green last night..... Time is near.... Many people become more and more desperate.... Actually...can still buy.... just buy what you can afford lor..... 1 lot only 100 share.. ... Patient.... the reward is very good for this HY counter....

Well done..... the prediction really come true.. the same rise prediction should happen to HY as well....

waiting.....

be patient..... interest rate is up...good for CIMB....

will go up soon.....

good time to collect.....

Be patient.......

Wait for the QTR report....

Good stock to accumulate.......

Happy CNY to everyone.... It can be seen many people are trying to buy cheap in this super counter...:-) good luck....it is a very positive sign to HY counter....

DJIA might recover by rising 1000 points tonight.... Don't panic..... US economy willnot crash so soon.....

Dow future at 25300 now...

....Crude Oil is now USD 65 going up to 80.... Malaysia economy is stable... Don't worry.... Donot see any crash is imminent...

1000 points drop from highest Dow of 26,500 is just 3.77% drop. If translated to KLSE, it only means 70 drop from current 1870. Donot let the big figure of 1000 points or 666 points drop fool you. Must look at the percentage.
The recent Dow drop is just a healthy correction especially after it has already gone up from 20,000 last year to 26,500(32.5% rise). Does Bursa rise as much? If not, why would one think that Bursa will face big drop when Dow drop only 3.77%?
US economy will be red-hot this year(2018) especially so much investment moneys from big companies being pulled back to homeland. Donot think US economy is going to crash so soon(while many experts have been shouting "crashing is coming", one can google and find out more).

@feimah.... If IB loses million this round....it is ok. Just ask IB to issue more CW with higher price for next 6 months to cover the loses. IBs can also earn money eventually with HY stock price up and everyone is happy. :-)

I guess if most retailers hold the stock and donot sell till the coming friday(26Jan18), the IBs that short the HY will lose millions as they will have to buy back the stock they short-selled in a week period. Remember, China is a big country and full of rich investors with lots of fund now. That is how China be able to fend off the Hong Kong speculative currency attack by George Soro during 1997 financial crisis. In today HY case....IBs = George Soro.

It is interesting to see in the next Annual Report... will Amanahraya remain in the top 30 shareholders?

免戦至下回合......

Don’t look at the screen for few weeks till end of February .... when 4th qtr result is out

No worry... wait till 4th qtr result out.... the current up down in price are just noise....

can stop monitoring the stock at the screen....check back the price at the end of Feb..... the high inventory should ensure that the HY has high EPS for 2018. In addition, HY EPS is 1+ for 2017 Jul to Sep when the crack spread is between 6 to 8.5. 4Q 2017 EPS will be very high...higher than 3Q2017.

Crack spread still high

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=D1N&title=JAN_2018_Singapore_Mogas_92_Unleaded_%2528Platts%2529_Brent_Crack_Spread_&type=p&venue=0&monthYear=F8&year=2018&exchangeCode=XNYM

good writeup...especially on the tax portion... the writeup is objective and arguements are strong, supported by facts... much better than the "C'mon Hengyuan is no Nestle, Dutch Lady - felicity"

good management will ensure that a company will produce good earning per share even in the worst trading condition....

The Morgas 92 crack spread future for year 2015(Shell) is about the same as the year 2017(HengYuan). But the earning is so much different. The only difference is the management.

https://www.quandl.com/data/CHRIS/CME_1NB1-Singapore-Mogas-92-Unleaded-Platts-Brent-Crack-Spread-Futures-Continuous-Contract-1-1NB1-Front-Month

There is no denying that the refinery earning is dependent of crack spread. But management is the key in HengYuan case.

C'mon Hengyuan is no Shell either..... It is much better than Shell..... :-)

Papaya... have you ever ask yourself why Shell can not achieve the same performance as HengYuan? Because Shell is unlucky for the past decades?

Weak arguements and poor write up .... the economic moat examples referred are bad ... should at least use TNB, Genting etc ... cyclical earnings may refer to Shell past earnings record history... however the writer choose to ignore the fact of the super earning performance achieved upon the change of management .... this is the key reason why so many people buy HengYuan today... HengYuan management gives confidence to people... it is normal to have up and down in stock price ... nonetheless this is a bad article to share as the arguement points are not substantiated... very disappointed with the writer....

Time is a friend to JAKS......