Posted by 360Capitalist > 2018-01-02 08:44 | Report Abuse

yes... your figures is quite close to mine..

Posted by 360Capitalist > 2018-01-02 08:44 | Report Abuse

Good one..

Posted by Lily Tee > 2018-01-02 11:05 | Report Abuse

360Capitalist, that means how much for this price, thanks.

Posted by Investee > 2018-01-02 11:23 | Report Abuse

Am I reading the refining margin chart wrongly? I see q4 having higher margin on average coz jul was lower.

Posted by mrtai021 > 2018-01-02 11:25 | Report Abuse

Conservatively calculating but logically will be higher. Also RON95 will be higher spread

Posted by Investee > 2018-01-02 12:26 | Report Abuse

I thought HY cannot produce ron95 until euro4 upgrade. Sorry, newbie. I read the AR2016, saw gasoline mainly.

Posted by LandFrost > 2018-01-02 14:07 | Report Abuse

have you take into account of income taxes in Q4????

Posted by Mohd Fahmi Bin Jaes > 2018-01-02 14:18 | Report Abuse

so what the tp

Posted by FalconFocusEagle > 2018-01-02 14:24 | Report Abuse

Wow its seem a lot of people talking about Heng Yuan even people who just started involve in stock investment & pasar malam seller also talking about the Great Heng Yuan. even some taxi grab uber driver just now was talking about the Prince of Heng Yuan. wow amazingly how far the news gossip has been spreading towards the public. Early 2017 many people come out with statement saying 2017 is the year of oil refineries lets accumulate collect sapu all then in mid year 2017 everyone was saying it is the year of Company starting with letter 'H' because seeing like Hibiscus, Heng Yuan, Huaan, Hubline and other letter H company increase surge.. hope all went goes well.. may this 2018 bring overall success & satisfaction for all.. Happy Great Awesome New Year to all

Congratz to all the Oil & Gas Industry investor. May the Oil fuel petrol make a great ignite spark to spike your overall wealth & well-being

May This year bring the New Beginning of near The End.. (The End of Poverty.. that is)

Posted by Investee > 2018-01-02 14:33 | Report Abuse

@LandForst that's very true. Almost forgot about tax.

Posted by tftey > 2018-01-02 14:46 | Report Abuse

Rather close, Q4 should have EPS more than RM 1.00 conservatively.

Posted by Tai KT > 2018-01-02 18:40 | Report Abuse

Look at the refinery margin, q4 is better the q3.
Jul and Aug only around 7.8, Sept around 9.Ave round 8 for q3.
Oct, Nov and Dec are average at 9 or slightly less.
Therefore I assume q4 have 10% better then q3.

Posted by myongcc5 > 2018-01-02 20:57 | Report Abuse

3.69 x 7= 25.83

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-02 21:46 | Report Abuse

Same as pe7. Rm25 to 28 now....so scary....the profits

Posted by Investee > 2018-01-02 22:38 | Report Abuse

Any idea how Philip 66 commands 25 PE? So vast difference from Malaysia refineries.

Posted by Pusher_Punisher > 2018-01-02 23:17 | Report Abuse

@investee philip 66 got warren buffet behind it.. many sure follow one. HY got pe 10 enough already.

Posted by Decken > 2018-01-02 23:19 | Report Abuse

richDad1, Rm68= USD17?? Since when? The lowest we've been thru in the Brent is USD28

Posted by CKNYAM > 2018-01-02 23:24 | Report Abuse

Too many promoter. Sunken Soon

Posted by Investee > 2018-01-02 23:29 | Report Abuse

@Ducken dude, it's RM68m gain, not USD17/barrel.

Posted by investor77 > 2018-01-02 23:34 | Report Abuse

Brent, WTI price , near all time high. HRC probably has no tax as they still have tax credit.

Still think Eps for year , conservative is 3.60 rgt x PE 7x, = Around 22 rgt would still be OK, but has room to go higher if PE re rated.

Posted by Jonathan Keung > 2018-01-03 12:02 | Report Abuse

foreign exchange losses - ringgit strenghtened to 4.04 /4.05 as at 31/12 . just something to chew on ( if denominations against USD )

Posted by Investee > 2018-01-03 13:38 | Report Abuse

Should be FX gain. It's a reduction in liabilities.

Posted by stockswizard > 2018-01-03 15:35 | Report Abuse

MY VIEW on EKOVEST is PROVEN ACCURATE! Now it is time for the NEXT stock!


https://klse.i3investor.com/blogs/howahgenting/143026.jsp

Posted by 3iii > 2018-03-03 15:29 | Report Abuse

<<<<<Assuming refinery margin to be flat in 4Q, 4Q EPS should be RM1.41
As I may be wrong, let’s assume a 10% margin of error and 4Q EPS at RM1.27>>>>




Actual Q4 2017 results

Profit before tax 247.296 million

Net Profit 183.553 million.

EPS 61.18



The actual EPS for this quarter Q4 2017 was about 1/2 of that estimated by the author of the above article.