As always it frightens me that you're mentioning Heng Yuan since when you badmouth a stock it means you're buying it, and when you promote a stock it means you're selling it. As mentioned earlier, Heng Yuan is a highly cyclical stock, what goes up quickly, will crash even faster, and has been so since the beginning of time. The 'crack spread' and inventory gains will disappear as quickly as they appeared, and with it all your hard earned money
Hahahaha...2 weeks ago this old man said Hengyuan's profit growth is doubtful. Now he sing a different tune ???? The worst part is he does not know how CW works ???
"To make money, CIMB has issued 150 million Call Warrants with the exercise price of Rm 4.75 and conversion ratio of 5:1=Rm 23.75." Who understand what RM23.75 means ??? Rubbish!!
"The chart above shows that Hengyuan shot up from Rm 4 to above Rm 7 in the last 6 weeks. To make money, CIMB has issued 150 million Call Warrants with the exercise price of Rm 4.75 and conversion ratio of 5:1=Rm 23.75. That is why CIMB is depressing Hengyuan share price as much as possible."
Uncke, perhaps you can enlighten us how CIMB can depress share price of HY? And if CIMB can really do that, then anyone can also do it, right?
Many say the call warrant issue causes price to drop. I don’t think so. There are deep pocket sharks coordinating the attack on the energy stocks : hengyuan, Petron, Hibiscus, cypark . Cypark in renewable energy.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CharlesT
14,976 posts
Posted by CharlesT > 2022-05-24 18:41 | Report Abuse
What rubbish is this?
Old Con cant even know how CW works....