 | Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 4:49 PM | Report Abuse Last minute push uppp.... Tomorrow no more cheap HY, BRENT OIL $124 liao..... HOOT99999 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 4:45 PM | Report Abuse Tomorrow no more cheap HY, BRENT OIL $124 liao..... HOOT99999 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 4:40 PM | Report Abuse BRENT OIL $124 liao..... HOOT99999 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 4:39 PM | Report Abuse BRENT OIL $124 liao..... HOOT99999 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 3:12 PM | Report Abuse Wa lao eh.... whole morning should have sapu enough from the weakholders who sold off la.... HOOT9 la |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 2:50 PM | Report Abuse Whole morning hantu buying???
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 2:36 PM | Report Abuse Brent oil $123 liao..... HOOT9 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 12:12 PM | Report Abuse When apple show up you know it's the right time to buy lo!!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 11:53 AM | Report Abuse As my sifu said, while high oil price does not directly translate into better profit for HY, but it creates sibeh good impression and attention to the investors and syndicate thus the share price could push from 3.90 to 7.xx, with the oil price is climbing further it will create more traction to those investors who have no other stocks to buy at the moment.
Looking forward HY to close green today. =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 11:25 AM | Report Abuse The key is Oil Price is sibeh bullish right now... |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 11:24 AM | Report Abuse Busy trading....
bought more C24 & C25......
Brent oil price $122 liao....
winning the talk no help, need to win money....
I believe the Singapore sifu which pretty align with Master OTB's prediction.
FMs especially who use SGD very bullish on HengYuan
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 10:10 AM | Report Abuse buy rate increased...macam boleh support leh |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 10:05 AM | Report Abuse buyers quietly sapu. |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:43 AM | Report Abuse Ikan bilis never die~ |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:08 AM | Report Abuse C22 no more~ sapu C24~ =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:06 AM | Report Abuse Not too late~~~ It will close green!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:05 AM | Report Abuse HENG~ONG~HUAT~ AH~ =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:05 AM | Report Abuse Hooot9999~!!!!! |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:04 AM | Report Abuse My Private Remisier called me to hold and sapu more!!! Syndicate + FMs and IBs are coming big!!!! like TopGlove~~ =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:02 AM | Report Abuse Thanks to those who sold at 6.00 this morning!!!! =D
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 9:02 AM | Report Abuse IBs and FMs are in to collect, betting on Q2!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 8:50 AM | Report Abuse IBs and FMs are in!!!
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 8:48 AM | Report Abuse https://www.theedgemarkets.com/article/hengyuan-1q-profit-swells-191-amid-higher-refined-oil-price-stronger-demand
Hengyuan 1Q profit swells 191% amid higher refined oil price, stronger demand"
It's going to open low close green!
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 8:40 AM | Report Abuse https://www.newsweek.com/donald-trump-tells-rally-goers-third-world-war-would-like-no-other-1711175 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 5:37 AM | Report Abuse Oil price new high
"Israel Raises Risk Warning for Turkey on Iran Attack Concerns"
https://www.bloomberg.com/news/articles/2022-05-30/israel-raises-risk-warning-for-turkey-on-iran-attack-concerns
"Russian hypersonic missile tests send message to Sweden and Finland over Nato bid"
https://www.thetimes.co.uk/article/russian-hypersonic-missile-tests-send-message-to-sweden-and-finland-over-nato-bid-qmff9l5cz
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 31, 2022 5:28 AM | Report Abuse "Hengyuan 1Q profit swells 191% amid higher refined oil price, stronger demand"
https://www.theedgemarkets.com/article/hengyuan-1q-profit-swells-191-amid-higher-refined-oil-price-stronger-demand
I can smell IBs want people to sell so they can buy.... =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 4:14 PM | Report Abuse 6.68 block getting smaller...... 7.000 anytime now~ |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 3:32 PM | Report Abuse My Singapura FM Guru gave a better forecast than Master OTB~
2nd half limit up~ 2nd half limit up~ 2nd half limit up~ =D
stockwin
Posted by OTB > 3 hours ago | Report Abuse
Dear valued readers,
In my previous calculation, I used the sales volume as 9.00 million barrels per quarter.
In Q4 2021, the sales volume was 10.7 million barrels per quarter.
I believe I should use 10.7 million barrels per quarter to compute the projection for FY2022.
Projected Q1 2022 PAT and EPS
Inventory gain from increase of Brent crude oil price= 3.5 million * USD20.0 = USD70.0 million
Assume 1 USD= RM4.20, inventory gain = RM294.0 million
Profit margin = (10.7 million* USD13.86) - manufacturing & administrative expenses and finance cost
Manufacturing & administrative expenses and finance cost = -RM39.7 million
Profit margin = USD148.3 * 4.20 = RM622.9 million - RM39.7 million = RM583.2 million
Assume derivative financial liabilities = 280.0 million
Profit before tax = RM294.0 + 583.2 - 280.0 = RM597.2 million
Income tax = (100*24%) + (497.2*33%) million = (24.0 + 164.1) = 188.1 million
PAT = RM409.1 million
Number of shares = 300 million
EPS = 1.36
Date Crack Spread Brent crude price
1/4/22 14.01 104.58
29/4/22 21.06
2/5/22 23.46
11/5/22 26.90 108.44
Note :
The average crack spread for April 2022 is USD17.54
The current crack spread for May 2022 is USD26.90.
Never mind, I used the average crack spread of USD22.22 in Q2 2022.
Projected Q2 2022 PAT and EPS
Inventory gain from increase of Brent crude oil price= 3.5 million * USD6.0 = USD21.0 million
Assume 1 USD= RM4.38, inventory gain = RM92.0 million
Profit margin = (10.7 million*USD22.22) - manufacturing & administrative expenses and finance cost
Manufacturing & administrative expenses and finance cost = -RM39.7 million
Profit margin = USD237.8*4.38 = RM1041.6 million - RM39.7 million = RM1001.9 million
Assume derivative financial liabilities = 0 million
Profit before tax = RM92.0 + 1001.9 = RM1093.9 million
Income tax = (1093.9*33%) million = 361.0 million
PAT = RM732.9 million
Number of shares = 300 million
EPS = 2.44
Total EPS for the first half of FY2022 is equal to 3.80.
If the crack spread can maintain at USD25 for the second half of FY2022.
I believe the EPS for the second half of FY2022 should be higher than 3.80.
Never mind, I still stick to 3.80 for the second half of FY2022.
Total EPS for FY2022 is 3.80*2 = 7.60.
If my projection on the EPS of Hengyuan to be 7.60 is correct, Hengyuan will be the first stock listed in KLSE to have such high EPS in 2022.
Please tell me what is the fair target price of Hengyuan.
FYI, In 2017, the highest crack spread was USD18.00, the share price of Hengyuan hit 19.50.
Those who want to short the share price of Hengyuan, let them short now.
===========================================================================
TQVM OTB for your estimate.
Whether one agrees with him or not is another matter. I view it as his rights to his opinion and estimate.
So if I assign a PE of 2 [ in view of future uncertainty ] would give me a TP of RM15.20. Not bad at all.
18 minutes ago |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 3:15 PM | Report Abuse 2nd half limit up~ 2nd half limit up~ 2nd half limit up~ =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 2:26 PM | Report Abuse 2nd half limit up~ 2nd half limit up~ 2nd half limit up~ =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:53 AM | Report Abuse VROOOOMMMMM!!! |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:52 AM | Report Abuse Hooot 9!!!! LIMIT UP 3 TIMES!!!! |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:46 AM | Report Abuse Brent oil $121!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:44 AM | Report Abuse Hengyuan and Petronm will be the best return stocks of 2022!!! =D
Hengyuan #1, Petronm #2! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:38 AM | Report Abuse LIMIT UP 3 TIMES!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:34 AM | Report Abuse Sialang C24 at 0.255!!! |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:32 AM | Report Abuse BIG BUYERS ARE BACK!!! |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:09 AM | Report Abuse Semua IBs and Syndicate ready to hoot HY and limit up at least 3 times!!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:03 AM | Report Abuse HOOT999999999999999 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 30, 2022 9:01 AM | Report Abuse Heng~ong~Huat~ ah |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 29, 2022 11:32 AM | Report Abuse Follow apple said will bring you to Holland....
I bought C22 at 0.015 and sold at 0.30.... many sold at 0.005 because what apple said.... KNS...
Now I all in SIALANG C24 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 28, 2022 5:50 PM | Report Abuse Thanks Sslee, very good information why my Private Remisier said it can limit up at least 3 times.... =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 28, 2022 3:10 PM | Report Abuse HY will limit up 3 times!!!!!! Heng, Ong, Huatt ah!!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 28, 2022 5:09 AM | Report Abuse https://www.reuters.com/markets/commodities/brent-could-push-past-150bbl-if-russian-oil-exports-shrink-bofa-says-2022-05-27/
Brent Oil now $120.... "Brent could push past $150....." Bank of America cakap we follow to Sapu lo...
https://youtu.be/_dgqyF9Rydo
Energy crisis in America lo |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 27, 2022 1:11 PM | Report Abuse https://www.theedgemarkets.com/article/oil-lingers-near-twomonth-high-amid-global-supply-concerns |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 27, 2022 12:04 PM | Report Abuse Remember ...... Hengyuan share price hits RM18 back in 2017/2018 when oil price was $60++
Now oil price is constantly trading above $100, what's the new target price? RM68??? =D
++++ Syndicate all showing up liao.... heng ah~ong ah~ huat ah~ |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 27, 2022 11:59 AM | Report Abuse HOOT9!!!!!!!!!!! LIMIT UP 3 times before July!!!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 27, 2022 11:55 AM | Report Abuse HOOT9!!!!!!!!!!! LIMIT UP!!!!! =D |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 27, 2022 11:15 AM | Report Abuse SAPU C24!!! LIMIT UP SOON!!!! Brooommmmm!!!! |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD May 27, 2022 10:43 AM | Report Abuse Syndicate buying gao gao!!! Hoot9!!!
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