after the 14B expansion, a simple calculation will show that the revenue will increased more than double so is the net profit. why not a good bet at the current pe of 8.8 if you have money and can wait 04/01/2018 20:45
Hengyuan is spending big money on maintaing an old plant, petronm had zeroed all the borrowing before embarking on the next expansion plan to double the income. Isn't it a right and prudent business management.
Shates trading is a betting on better tomorrow than yesterday, now the management has proven themselves their capability to bring the company to a better tomorrow, why not it is not a good bet now as hengyuan had already shown us the price can soar to the sky high after the strong recommendation by the super investor and some great sifu just using the high earning alone which is questioned by you and me whether it is sustainable or not sustainable?
Last Friday closed with a hammer on a down trending market.The handle of the hammer is nearly twice the size of the body, approximately more than one and half times the length of the body. Anticipate it will hammer on Monday morning when it reopens. Any comments please. Learning.
Uncle KYY said in his blog wanted to hoot HY even above 17 on Monday. As a wise and shrewd investors, lets quickly move in to cheaper Petronm to wait for the surge as both always move up together.
Uncle KYY said in his blog wanted to hoot HY even above 17 on Monday. As a wise and shrewd investors, lets quickly move in to cheaper Petronm to wait for the surge as both always move up together.
I believe uncle will come here because he know it is safer to park his money here. Q4 is sure good for petronm, earning more consistent but HY can anytime give you a heart attack.
I have the obligation to tell you i had already sold all my hengyuan but still keeping petronm still worth the while to bet on the better q4 and rising oil price. The proceed from the sale of hy were all poured into ekovest. So far the market movement has told me i am still correct right now but later who know i can be wrong
I do not think he like petronm since the earning is mot that explosive like hengyuan
May be the impending expansion plan will arouse some intetest. Hengyuan has no more exciting story to tell, all the good news and good thing already factored in and the blind also can see thd downside is bigger then the upside at this stage of time.
How can you expect an old and broken plant to generate more and more profit like new. The risk that it will shut fown for maintenance and repair is very very much higher than petronm. Now the expectation for its q4 earning, slightest disappointment will cause the price to tumble like no tomorrow and of course if that happen petronm will suffer too.
That explains why i poured all the money into ekovest after i had sold all my hengyuan but still keep petronm share to bet on better q4 and expansion plan story
Kindly check which plant is older. To upgrade PETRON refinery costs much more than for Euro 4 upgrade for HRC. HRC plant is not as old as Petron . It is a complex refinery compared to simple refinery like Petron.
Capacity of HRC is higher than Petron. Both will gain from current Oil price, Petron can declare higher dividend whereas HRC needs money for the upgrade.
Price potential wise, believe that HRC results will be exremely good and price may go to 20 rgt. - Eps 3.60 x PE 6x.
Honestly i also do not hope the price of hengyuan to tumble due to disappointment in the quarter earning because if hengyuan tumble petronm will also suffer. So, it is still better both hengyuan and petronm score good result in the coming quarter.
Unless Petronm overtake HY and lead again then can earn fast fast like before. This way, HY will be fearful of Petronm if its price tumbles. Anyway, that's our plan to make Petronm higher than HY soon to achieve that momentum
It doesn't matter who overtake who. Most important we make big money. So we must disallow any factor, including hengyuan price not performing, to nlock our way
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Posted by Halite > 2018-01-04 20:45 | Report Abuse
after the 14B expansion, a simple calculation will show that the revenue will increased more than double so is the net profit. why not a good bet at the current pe of 8.8 if you have money and can wait
04/01/2018 20:45