This is the general feeling only. The china business environment has always been tough. So, Hengyuan mother got to pollute to stay profitable.

http://bbs.tianya.cn/post-42-619987-1.shtml

Then, Xi went strict on environmental rules. Hengyuan mother must have tough time surviving. So, they go oversea, took over Shell. Didn't go well as planned.

So, something else must be going on to save mother Hengyuan. Just a wild guess....

2016年公司工作的目标任务：

根据国家十三五规划发展纲要，推进实施企业整体搬迁战略，建设形成“新型炼化产业园”；依托东南亚某炼厂合作平台，进一步探讨和推动与具有较强经济实力的境内、境外企业的深度合作；全力推进原油使用、原油进口、成品油出口资质申报；深入探讨实业与资本、金融的有机结合，激发企业活力；推进公司小区物业管理社会化工作进程；以取得进口原油使用资格为契机，全年计划加工原料油260万吨，实现销售收入150亿元，实现利税20亿元。

This is the conspiracy theory, my guess is the intention of mother hengyuan has always been to import crude oil from Malaysia. Some directors don't agree, to defend their stand, so they resigned. So, the deals must be bad for HYR. Somehow they failed to get approval. Anyway, this is my feeling only....

I am telling you, the Chinese parent company must be in a bad shape now. The real action is to prevent it from channeling funds back to China. (1HYR in the making)

根據大量已經浮現的證據，加上已經湮滅的證據，加上當局的荒謬說辭，說明那雞確實幹了那些事。

陳勝堯將證人說成罪犯，違背了許多社會的基本常識。這樣的腦功能的人還是退休算了，算是得了善終了。

No, they will not waive airport tax. Chance for huge windfall.

美元流通量的龐大造成的低成本優勢是人民幣遠不能及的。

我們意見不同，所以不會罵你。

上一篇「殖民的貿易」雖然是抄襲了別人的主張，但至少你明白課題的核心，算是很大的進步了。

以前我罵你，是因為你根本不知道這世界是怎樣運行的，還講了一大堆歪理。但你再造孽，我還是再罵的，呵呵！

The winner is....probability.

RAIDER collect skin lah.....

They won't answer your question. But its still good for you to try, at least we know then....for sure

迷信就是錯誤的把兩樣無關的事情聯想起來。

我們都是罪人!

Let's redeem ourselves on election day.

作者學識淵博，且洞察世情，好文章！

廢話一大堆。真是的！

Good on you, ssLee. Recognise the facts and work accordingly.

We must be rational and talk about truth only. Calvin is a bit exaggerated most of the times but he still talk about facts. Mr. Koon however, I have to verify a lot of the things he said. Mr. Koon was the second largest shareholders of Xingquan for a long time. His average price should be roughly RM1, but now he claims its 10c (and Calvin sold shares to Mr. Koon??)

Well, Mr. Koon must be forgetful. He was top shareholders for Xingquan for the longest time. (Sadly, most people never verify anyway).

Well, its unbelievable Mr. Koon claim he made little losses on Xingquan. Next time he will claim he made huge profit "instead".

做馬！

Well, the gamblers/speculators will never change, or perhaps only a small percentage will ever change.

Calvin did a good analysis!!!

Tun and a lot of heroes do not afraid to be beaten, threaten or put into jail. When they decided to give up their status to fight injustice, they have overcome this fear.

I hope one day more of us could do the same, for the people and the future. This is the true courage!!!!

You need to understand how majority of the Malays live first. Then only you can win their heart and support. Don't say they are blind lah.

PureBULL, some other people's purpose is not to make money in the stock market. They come for excitement, atonement, abuse, learning, or to get rid of boredom etc.

KYY is a good example. He do not need the money. He created but often not following his own "Golden Rule". EPS of HY is halved, by Q3 QR it will be "-", and yet he still buys.

Well, since you are here.

Then, may i ask your opinion on HY?

i) The respectable directors mentioned in your article already resigned. Do you think it is normal?

http://klse.i3investor.com/blogs/icon8888/127661.jsp

ii) The crack spread story seems to be gone. Is the future of HY still promising?

iii) Initially HY plans to export oil from Malaysia to China as a more reliable and cheaper source of feedstock, apparently it failed. What do you think?

http://klse.i3investor.com/blogs/icon8888/127720.jsp

Fam Jenny, you do not have a brain.

Well, Icon8888 finally u reappear.

Well, I salute Mr. 8818!!!! His previous post before the sharp increase in share price of HY really showed he has foresight. Now he is demonstrating rational thinking by showing good analyst on bad future of HY.

Unlike icon8888 and others who only knows to promote.....

As for this Hengyuan, for the moment it's ok because of the KYY and OTB guy buying. Till end of the year when enough bad news came out, 死得人多！

But this is the nature of the market, 大魚坑小魚！That's why only few percent can last long in stock market.

Well, KYY also bought Xingquan few days before suspension.

Dia punya suka lah.

我細讀了一下這篇文章，假博士一下子挑戰了一、通脹二巴仙，二、美國長期成長率二巴仙兩項主流共識。其實如果真有料，就寫個論文考個真博士來唄！

至於創新，的確可以帶動經濟成長。可是，創新是成功機率很低的事情，當中失敗的遠比成功的多數十倍。美國是創新超強國，綜合起來也就長期百分之二而已。中國大概的長期增長率是多少？大概零點三而已！

假博士提基尼指數，表面上還是有一念之仁的。唯真正的大仁大義，是實際幹出來的，不是亂槍打鳥、胡說八道而來的。

創新的成功機率低，就像虛報學歷的人通常會被捉一樣。假博士取巧，搞了個「假稱呼」，也許真的不會被捉也不一定，不能不說假博士有一技之長！

你說的話還是有點自相矛盾。

這是沒有實際操作經驗以及讀書不深造成的。

Well, KYY sure provide some support to HY, so for the moment its ok already, until the next QR come out. This is talking about share price.

But i see KYY and OTB all not following their own rules, this HY's TA FA also no good but they keep frying....under such scenario of course KYY will perform better.

現在還不逃，很快完蛋！

無厘頭。

一錯再錯。

Beary, agree!!

Fundamentals of Hengyuan is weak, you can see it on the price chart.

Parent company of Hengyuan in China is weak. Takeover of Shell Malaysia has been described as "Snake swallow Elephant" by the Chinese Media.

Hengyuan China is one of the most polluted company. The factory has often been ordered to shut down whenever there is major event.

3 Reputable directors of Hengyuan already resigned last May, on the same day.

One of the director is a 33 year old Chinaman. Safe to say the directors profile is weak compare to the Shell years.

NTA of Shell went down from RM9 to RM1 in the few years before Hengyuan takeover. This could happen again.

The February quarter was expected to make huge profit, it turns out profit went down.

Well, if you want to convince people to support Hengyuan, you got to have something solid, and do some serious research. You got to ask the right question, and find the right answer.

The numbers look good. IRR of 20% blah blah blah etc.

I mean share price is still heavily discounted, so its safe for now to invest. Few years later if it is poorly executed, then it is another story.

Well, the management repeatedly said that market is difficult, it's true also BJC has lots of retail, so its related to market conditions. Going forward it will still be weak results, so wait another two years or so.

Just hope that Market crash won't kill it.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5447953

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5447957

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5448073

Sslee, your director list is wrong, half of them (the reputable ones) already resigned.

You address the wrong persons, how can they support your resolution? Haha!

The only one person in the board i trust is the KIWI. If he resigns, it will go down to 50c.

You need a lot of luck to win money in Bursa. So, good luck!

段先生可說得到老巴真傳了！

我覺得段先生在中國可說是非常懂得賺錢的人了，從小霸王到步步高系，現在手機品牌可說是全球前幾名了！將來以總量來說，步步高系可以稱霸全球了！只是獲利不如蘋果！

段先生有點發財立品的感覺！以自己的行業標的來衡量，投資比自己能幹的企業，這是非常高明的！

It seems that EPF was the one pushing it to rm4.75 earlier. Keep buying while its dropping..

Richardlee, icon8888 probably gone for good, he also scare bank negara finds him mah. This doesn't make your mind less screw up isn't it.....

I sold my little bit of Airasia holding again. Left with some other shares, may sell after May result. I think GST has killed many small businesses in the last three years, bigger companies gain market shares and became bigger. However, it has come to an end because market hot money is reducing. It will cause a spiral sooner or later. So better stay aside.

I think its bear market and i am keeping minimum of shares. But don't have to close your screen. Just control your emotion and wait for the chance of a decade.

I think you made you point.

說特斯拉是電動車不錯，但是那你就只是看見特斯拉的百分之零點一。

一、特斯拉電動車做的是平臺，就好像一部電腦、一部智能手機一樣精密，多功能，各種應用程式可以在上運用。相對來說，特斯拉比蘋果、微軟做得更出色，IoT也領先同行至少五年。

二、特斯拉推動的無人駕駛，可以解決車禍的問題。推廣以後，每年挽救數百萬人的性命與健康。我知道阿朱沒有能力了解這層含意，畢竟阿朱是沒有現實生活經驗的人嘛！你看，以數據來說，每天億兆數據在互聯網上穿梭，都不會相撞。也就如亞馬遜的包裹配送系統一樣通行、安全。將來，無人駕駛完備以後，再也沒有車撞人、車撞車了。

三、好像WIFI一樣的無線充電系統。

四、全世界最安全的車子。但我猜想阿朱一定不喜歡，阿朱只喜歡普騰這一類車子......

五、電池的超級產量。

六、全自動化的工廠來造車子。其實車子生產延誤只是因為特斯拉除了生產車子，連設計與製造生產車子的系統也是自己一手包辦。一旦完成系統，以後生產車子就只是按一個鈕的事了。

七、我們的世界快要完結了！照目前的趨勢下去，如果什麼都不做，到二零五零年就過了臨介點（point of no return），那以後做什麼都沒有用了，直到最後大滅絕。簡單來說，碳排放太高阻礙了熱量擴散到宇宙去，溫度過高結果風就越大，天氣也就越惡劣。極端天氣令植物生長困難，人類也需要更多的能量來維持生活，這樣下去肯定會雪上加霜，極端天氣無時無刻都會發生。

偉大的馬斯克以及科學家們都看到了這一點。馬斯克願以有生之年，奉獻一生，為人類殖民、寄居火星之外，也設立了Solar City和Tesla兩家公司（現已合併），勉力延緩溫室效應，為地球的生態平衡盡一分力。

馬斯克是引領人類向前邁進的偉大領袖，別只看到那幾百億美元，太沒見識了阿朱！

看起來你還是那種用Nokia過日子的人，科技是什麼你不會明白的啦！

THIS ASTRO is REALLY F.XXX.E.D UP

richardless, seems like you will be sick for the rest of your life, haha!

Well, oil surpasses USD70, shale is low class oil after all! In fact, high oil price is good for Airasia in the longer run, but market thinks otherwise. That makes it good opportunity to accumulate. Happy!!!

USD continues to be weak, operationally its good also.

Its a long way to go, hold for a few years to see my 10 bagger.

說得很好！只是很多人所謂「師傅」不會承認他們是在賭博。

莫名其妙！！

共產黨就是欺善怕惡！

李嘉誠十三歲輟學。第一份工作是在茶樓裡拿著大水壺給客人加熱水。他利用工餘之時，在路燈下讀書。早出晚歸的勤奮工作讓開鐘錶店的舅舅非常欣賞，於是獲得舅舅的邀請成為學徒。
不久後，李嘉誠向舅舅辭去工作，臨走前對舅舅說，瑞士的鐘錶業非常發達，宜發展中低價的手錶。
李嘉誠的新工作是賣五金。不久後，李嘉誠又向老闆請辭。臨走前李嘉誠對老闆說，塑料正在興起，最好可以發展鎖頭。
李嘉誠的新工作是在塑膠廠做銷售員，不到廿二歲就已經是一人之下的銷售王。
他隨後離職自行創業，吃了不少苦頭，在水邊徘徊不歸，這對他以後謹慎做人應有決定性的影響。
為了學習塑料製作技術，他去歐洲當黑工偷技術。隨後在勞工短缺之際，想出了將工作外判給家中婦人「黏膠花」，顯示他創新的才華。後又在塑料業鼎盛之時把工廠賣掉，投身地產業，足見其對形勢之判斷力與膽氣。
總之就是說勤奮、好學、還要有眼光、有企圖心！

（雖然巴菲特說後悔沒有把最初收購的紡織廠賣掉，但他依然堅持營運了數十年，足見兩人人品之高下）

這篇文章真是害死人！

李嘉誠娶的是舅舅的女兒。

李澤楷騙過梅鐸八億、毀了香港電訊千億市值，接班只會帶來巨大的災難。

李澤鉅充其量其是個阿斗。

文章作者只懂歌功頌德，文過飾非。

時至今日，李嘉誠已成為一個以財勢壟斷經濟的掠奪者。作者應有文人的風骨，是非曲直要分得清！

哎唷，那胡逸山也是假博士！投訴了那麼多次，還是大搖大擺的寫文章！那只能怪天下人不管天下事！