HENGYUAN just do it. If QR 's GOOD, TP 's so so GOOD
PureBULL . > Feb 1, 2018 01:41 PM | Report Abuse
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If DOW's well behaved, HENGYUAN now at 2nd higher bottom might rebound up to hit higher than its upper daily SAR at 14.03.
It could then consolidate in few narrow whipsaw swings in a smaller band for a week or 2.
n when its daily RSI is finally above 50%, the daily MACD will gap up to the all important GC.
Expect these 2 indicators to happen concurrently, then u know HENGYUAN is set for a new beginning to the explosive PRIMARY 5th wave.
Let's PRAY...
HENGYUAN stock price n PAT r strongly correlated to the WTI OIL prices as follows:
Date WTI OIL price, USD
31 Jul 17 50.17
31 Aug 47.23
29 Sep 51.67
Average 3 months 49.69 gave
Sep 17 QR RM$361 mill PAT announced on Nov 30th, 2017.
31 Oct 54.38
30 Nov 57.40
29 Dec 60.42 Today it's at 66 now n counting...
Average 3 months 57.40 What does it imply for next Q PAT -----> +++ ?
Compare to last Sep Q, OIL price increased by 15.5% for current Q.
Looking at the chart link below, OIL price is up in a straight line. More straight than u use hand to draw.
So essentially HENGYUAN's biz now is :-
U simply buy high OIL everyday n u surely can sell it at much higher prices after that.
Isn't HY the best WONDERFUL biz this cycle?
So how much do u think is the QR for Dec 2017 PAT??
Announcement date is around this Feb 25th.
My guess is just as good as yours.
It all boils down to 1 important person, the CFO.
He or she better knows how to FAKE IT TO MAKE IT if need to, only once!
Or we can act corporately to the board to remove the CFO.
Sound like a plan?
Assuming the CFO cleverly do a good QR, then what is HY's immediate future?
PureBULL . > Feb 1, 2018 02:12 PM | Report Abuse X
When we invest in FA stocks, the QR is the most important.
The stock must make much more profit this year than last year Q to Q.
As I said b4, we don't have great CFO like those pro in wall street who have all the expertise to take care of the investing community.
HENGYUAN's next QR is coming out around Feb 25th.
Pray it's just DAMN GOOD n nothing else.
Then u have this TP,
17.10 X 2 - 8.30 = ? (X 10-20% MORE), most of the times due to over-shooting
NB:
On the 5 min chart, HENGYUAN is in a Darvas box, between floor at 12.72 n ceiling 13.00.
So PRAY for piercing thru the ceiling with a convincing gap up at opening bell today!
REFERENCE:
https://www.investing.com/commodities/crude-oil-streaming-chart
PureBULL . > Feb 2, 2018 12:33 PM | Report Abuse X
DLADY at 6300 could be the last call.
An exponential PRIMARY up-wave is about to begin soon, pretty similar to NESTLE at 8500.
PNB is likely to keep just below 5% stake after continous big block selling to foreign fund manager of EPF.
http://klse.i3investor.com/blogs/purebull/146096.jsp
