Attended numerous technical charting courses in town. Currently, still work as a Remisier (> 23 Years experience) in Malaysia. Competed in 2015 stock pick competition, made 129% gain in 12 months. I was the champion of 2015 stock pick competition in I3investor.com.
Followers
284
Following
1
Blog Posts
18
Threads
11,477
Blogs
Threads
Portfolio
Follower
Following
2022-05-30 23:19 | Report Abuse
Dear Investing_Bursa,
Thank you.
2022-05-30 19:54 | Report Abuse
Posted by ngjack1991 > 2 minutes ago | Report Abuse
Really a creative accounting. Hibiscus is accounting to make profit look much better but hengyuan is opposite. Inventories increase 1.1 billion compared to last quarter and 2 times of last year same quarter. Typical China man company press down profit to avoid tax
------------------
Agreed.
I expect inventory gain and end up show 131 million inventory loss.
Really cannot understand.
Thank you.
2022-05-30 19:26 | Report Abuse
Posted by Investing_Bursa > 10 minutes ago | Report Abuse
Can otb comment abt the results ?
---------------------
Sorry, I really do not know on this hedging.
I depend on my accountant friend to help me on this matter.
We do not expect so high losses. We expect on 280 million.
We also do not expect inventory loss of 131 million.
We are very confused.
Thank you.
2022-05-30 12:31 | Report Abuse
Posted by Investing_Bursa > 1 hour ago | Report Abuse
Must give credit to otb. When he is right, not many gives credit . When wrong, all come out to hentam.
---------------------
I hope Hengyuan will be like another Supermx in 2020.
I recommend Supermx at 3.60, the share price went up to > 24.00 in 2020.
I hope Hengyuan will perform well in 2022.
I share because I have my common interest too. All my followers bought Hengyuan too.
Do not worry about naysayers as long as I do not cheat any reader here.
I recommend it honestly here, I will not worry about any attack by naysayers here.
Thank you for your good words about me.
2022-05-30 12:04 | Report Abuse
Dear Boomberg,
I invest in KLSE for > 30 years, never in my life notice such high EPS in KLSE.
In 2017. I spotted Hengyuan at 5.95.
Good luck to you too.
Thank you.
2022-05-30 11:49 | Report Abuse
Dear BoomBerg,
I put up my head on the chopping block, I hope my head will remain as the original one.
Many naysayers will attack me if the share price of Hengyuan cannot perform.
Please help.
Thank you.
2022-05-30 11:35 | Report Abuse
Posted by BoomBerg > 2 minutes ago | Report Abuse
Will pump at least 7.00 closing today
-------------------
I hope you are correct to make us happy.
Thank you.
2022-05-30 11:31 | Report Abuse
Dear probability,
I just try my best to project.
Thank you.
2022-05-28 22:21 | Report Abuse
brian3381 = gemfinder
gemfinder's account in I3 is suspended because of his uncalled personal attack remarks.
A good person, his account in I3 cannot be suspended.
2022-05-28 22:15 | Report Abuse
I conduct my training course.
Many of my students are qualified accountants, doctors, lawyers and company directors.
I told them I feel very shy to teach them.
They still respect me as their teachers.
2022-05-28 22:05 | Report Abuse
All above information is for sharing only.
Do your homework and try to project PAT yourself.
I am also not sure that my calculation is accurate.
But I am very sure that I am richer than brian3381 or gemfinder.
I made more money than him in share investment in KLSE.
Thank you.
2022-05-28 22:02 | Report Abuse
brian3381 = gemfinder
2022-05-28 21:57 | Report Abuse
Dear GrowthCapitalist,
The below method is the correct one.
Posted by John_Lee > Apr 21, 2018 06:53 PM | Report Abuse
Prices at 20 April close:
MOPS Mogas 95 - $81.284
MOPS Gasoil - $83.933
Brent Crude - $74.06
3:2:1 crack spread = ($162.57 + $83.93 - $222.18) / 3 = $8.11
$8.11 crack spread still not happy? Oh that is not accurate because hengyuan is on FIFO. They hold inventory for a month? Ok. Lets use 22/3/18 Brent Crude price as cost @ $68.91.
3:2:1 crack spread = ($162.57 + $83.93 - $206.73) / 3 = $13.26
2022-05-28 21:27 | Report Abuse
gemfinder is not jerichomy.
gemfinder's account in I3 is suspended because of his uncalled personal attack remarks.
2022-05-26 15:51 | Report Abuse
Posted by BoomBerg > 34 seconds ago | Report Abuse
I will sifu OTB
Hope you bless me earn a bucket of gold this round
--------------
I will bless you too since you help us a lot.
If the share price can hit 20.00, you will earn a bucket of gold bar.
Thank you.
2022-05-26 15:46 | Report Abuse
Posted by BoomBerg > 58 seconds ago | Report Abuse
It wont go below 6 because lots of support by savior investor
Posted by BoomBerg > 3 minutes ago | Report Abuse
Today closing should be green
-----------------
Thank you for your information.
We appreciate your good information.
Thank you again.
2022-05-26 10:52 | Report Abuse
I measure a successful investor who makes million or multi million in the stock market, but definitely not a day trader who makes a peanut profit.
Let the time tells us the final outcome.
I stop here.
Thank you.
2022-05-26 08:38 | Report Abuse
gemfinder = brian3381
gemfinder's account is suspended for 2 weeks for making uncalled personal attack.
Let he talks what he likes.
2022-05-25 11:29 |
Post removed.Why?
2022-05-24 18:03 | Report Abuse
Sslee,
My calculation is wrong.
Thank you.
2022-05-24 17:47 | Report Abuse
Posted by stockwin > 5 minutes ago | Report Abuse
Logically Q1 2022 result should be better than Q4 result. Similarly Q2 2022 will be a lot better than Q1 2022.
------------------
The crack spread in Q2 2022 is 2 times the crack spread in Q1 2022.
We need a crack spread of USD20 per BBL is good enough.
The most important, there is no derivative financial liabilities losses in Q2 2022.
Thank you.
2022-05-24 14:00 | Report Abuse
My subscriber give me this note, I wish to share here.
Very logic answer for the big drop today.
Quote !!
The share price of Hengyuan is being pressed down because the call warrants are expiring at the end of this week. Lower spot price would mean that banks will settle the call warrants at cheaper prices.
Fundamental is still very strong. In fact, downstream is going to make more money than upstream simply because there isn't enough refining capacity in the whole world.
Even when the US asked OPEC+ to increase output, OPEC+ said that we can pump more oil but who is going to refine them?
Unquote !!
2022-05-24 12:48 | Report Abuse
Posted by BoomBerg > 37 seconds ago | Report Abuse
This round i am going to pump and dump at 8 hahaha
----------------
I admire your desire.
I like your statement to pump up the share price to 8.00.
The fundamental of Hengyuan is very good.
No reason for the share price to drop 7.5% today.
Thank you for your help.
2022-05-24 11:12 | Report Abuse
A successful investor will win million or multi million in KLSE, but definitely not a peanut profit on day trade.
rr88, you have no record to challenge me.
I use my last finger also beat you flat.
Let result tells us the answer.
I stop here.
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2022-05-31 07:39 |
Post removed.Why?