HYR -- Red Chip. Don't buy at PE higher than 1.5x. Standard PE before collapse. Re: Xinquan, CSL, CAP, Maxwell, MSP, Kanger
Sendai -- High risk stock unless you are so confident with its major shareholders. Take Q from Linear Corp, Masterskill, William Cheng, Chen Lip Keong.
Jaks -- Very high risk to lose money buying at 1.40 Potential dumping by someone not able to get board representation, and cannot go for GO. Donald Duck tsunami kills all punters with no mercy.
If you look at Hengyuan price chart below, you can see that it has been dropping from Rm 18 to close below Rm 8 per share in the last 3 months. The company announced its earnings per share was Rm 5.90 for last year. The current price is Rm 8 which means that it is selling at P/E less than 2. Even at such low price, I will not buy it because the company will definitely make less profit this year than last year. The refinery has to shut down for about 2 months to upgrade its refinery to produce higher grade oil and the company has also to pay tax for the profit it made last year.
Not too long ago the same joker posted this on 28 Dec 2017
Hengyuan: Its price closed at Rm 16.50 yesterday. Its 3rd quarter EPS was 243 sen. Assuming its 4th quarter is the same as its average EPS of the last 3 quarters, its full year EPS will be 324 sen. It is selling at P/E of 5.
You must bear in mind that Hengyuan’s controlling shareholder is a famous China National Petroleum Chemical company called Shandong Hengyuan Petrochemical Company of China.
Can you find another counter with similar quality as Hengyuan which is selling at P/E 5?
In view of the rising prices of crude oil due to demand exceeding supply, Hengyuan should be more profitable in the near future. It should be selling at least at P/E 10. Based on its annual profit of Rm 3.24 it should be selling at Rm 32.40 per share.
dick1 dɪk/Submit noun vulgar slang 1. a man's penis. 2. NORTH AMERICAN anything at all. verb NORTH AMERICAN 1. informal waste time; mess around. 2. (of a man) have sexual intercourse with.
When did HY report eps of 5.9? Old man is desperate liao.... Hehehehehehe.... simple thing of price vs valuation also cannot differentiate? Or assuming the readers will release him from a bind? Good luck yewyin33.
Pretty soon... you will see an article entitled... Jaks at PE of near 100 is better than buy than sendai at PE of 8. Self debate and shooting own foot now are one of the own top on the list must watch show in bursa.
At one time or another I have been guilty of caring too much of what people might say or think. I hesitate to be more innovative, creative or speak up because no one wants to be told that his idea or plan is wrong.
If I cannot overcome my fear of criticisms, I would not be so successful in whatever I do. I am an entrepreneur and I am willing to accept criticisms and to take calculated risk in doing business or buying and selling shares."
the hallmark of all successful people and not be pulled down by charles and beary.
if you want to know the taste of any pudding, the proof is in the eating. All those analysts who have the target price of 74 or 79 sen for Eversendai are wrong. Based on the massive daily volume, they are buying. Just look at this morning 4.7 million shares traded within 35 minutes with the rapid price increase.
I refer to CharlesT's comment. All readers including CharlesT should remember that share price changes quite rapidly depending on so many factors which will take too much time and space for me to explain.
When I recommended Hengyuan the situation was different. When it announced the huge profit increase for the 3rd quarter, its price shot above Rm 18 per share and I openly said that I could not control my greed and I did not sell. But fortunately, Bank Negara ordered Maybank to reduce the Rm 40 million margin facilities each for my wife and I by 75% and frozen my current account because of my open support for the opposition political parties, forced me to sell all our Hengyuan shares. As I said God works in the mysterious way to help us.
But when it announced its 4th quarter result, clever investors can see that Hengyuan will make less profit this year than in last year. As a result, the price began tumbling down.
Regarding Eversendai, I posted a few articles with good intention especially when it was selling at around 70 sen a few days ago. In spite of the few invited analysts to witness the launching of the lifting vessel posted the articles with their target price of 74 sen, the price has been shooting up rapidly with massive volume.
While I am writing within 1.5 hours of trading more than 6million shares have changed hands with an increase of a few sen to trade around Rm 1.00. If had followed my recommendation you would have made more 30 sen per share, about 42% within a few days.
That is why I cannot see those critics who said that when I recommend buy, readers must sell. They must have sold all their shares at 70 sen and they are bleeding, crying and leaking their wounds. Koon Yew Yin
Posted by Lukesharewalker > Apr 2, 2018 10:53 AM | Report Abuse
don't make sense, if KY can wait 2 years for a power plant to come aboard and buy forward....whats a 2 month glitch in refinery enhancement for better production capacity and better product?
Logic is erratic
Also, Yewnyin33 can keep Xinquan for long term (2 generations) for his grandchildren to finally enjoy the cash in their acc
Why cannot wait for Heng Yuan? Somemore prices drop more than 50% from it's peak of RM19+ (and now is only 20%+ of yr fair price of Rm30+)..
At PE 2+, U still dont want to buy but instead prefer Sendai at PE 8??
That is why I cannot see those critics who said that when I recommend buy, readers must sell. They must have sold all their shares at 70 sen and they are bleeding, crying and leaking their wounds. Koon Yew Yin 02/04/2018 10:35
Lately i only see those believing Heng Yuan's fair value of RM30+ and stuck at RM15+ are bleedin, crying n leaking their wounds...
Feel free to visit those clueless stupid idiots in Heng Yuan's thread
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....
yewyin33
319 posts
Posted by yewyin33 > 2018-04-01 23:45 | Report Abuse
Please click this link to learn a new lesson to make more money.
http://koonyewyin.com/2018/04/01/sendai-p-e-8-why-buy-and-not-hengyuan-p-e-2/
Koon Yew Yin