Posted by hng33 > Jul 9, 2021 9:43 AM | Report Abuse

Crack spread still standing above USD 9, almost double against Q1 crack spread of just USD 4.5. Anything above cost USD4 will be profit + stock holding gain

Posted by risktoreward > Jul 9, 2021 6:53 PM | Report Abuse

hengyuan always respects its MA, i buy in.
WC lol, @apple168 hes a con

Posted by James_Bond > Jul 11, 2021 9:27 AM | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by apple168 > Jul 11, 2021 9:31 AM | Report Abuse

Crack spread price dropping + covid number ever increasing and break record high… good luck!

Posted by apple168 > Jul 11, 2021 9:32 AM | Report Abuse

https://graphics.reuters.com/world-coronavirus-tracker-and-maps/countries-and-territories/malaysia/

Posted by apple168 > Jul 11, 2021 9:35 AM | Report Abuse

https://koonyewyin.com/2021/06/28/agong-will-be-shocked-when-he-sees-the-following-damages-due-the-mis-management-of-the-government/

Since most of the businesses are closed, may I ask who will use the refinery products from HengYuan? Ghost perhaps… Good Luck!

Posted by Bgt 9963 > Jul 11, 2021 11:01 AM | Report Abuse

Good morning.

Posted by risktoreward > Jul 11, 2021 11:39 AM | Report Abuse

Let me take the contrarian route, i will accumulate in batches

Posted by risktoreward > Jul 11, 2021 11:41 AM | Report Abuse

Since glove demand is super strong globally and compulsory use in medical, malls, retails not just ghost, how come glove stock is dropping may I ask

Posted by risktoreward > Jul 11, 2021 11:43 AM | Report Abuse

Because stocks are forward thinking. Look at UK vaccination rate, reached 50% but life is almost back to normal, stocks sky high. Remember there's a price to pay for a cherry consensus

Posted by apple168 > Jul 11, 2021 3:20 PM | Report Abuse

https://klse.i3investor.com/m/blog/koonyewyinblog/2021-07-11-story-h1567924222-Why_should_investors_get_out_of_the_stock_market_Koon_Yew_Yin.jsp

Posted by apple168 > Jul 11, 2021 3:20 PM | Report Abuse

KYY agreed with us finally! Get out of stock market! Thumbs up!

Posted by James_Bond > Jul 12, 2021 6:19 AM | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by Bgt 9963 > Jul 12, 2021 8:44 AM | Report Abuse

Good morning.

Posted by risktoreward > Jul 12, 2021 11:12 AM | Report Abuse

bought @ 4.51

Posted by wallstreetrookie > Jul 13, 2021 7:44 PM | Report Abuse

Why would anyone short Hengyuan? Solid company despite slowdown in growth. My price target of RM8 - RM12 remains

Posted by TRYLUCK88 > Jul 13, 2021 10:04 PM | Report Abuse

ppl are -ve on overall mkt. volume remains low.

Posted by wallstreetrookie > Jul 14, 2021 10:50 AM | Report Abuse

Sure. Invested in Hengyuan a few years back and sold too early. Back then not using i3 forum. Not going to sell Hengyuan until RM8 at least. Short term oil volatility is no concern to me and who cares about OPEC nowadays. Price action is all that matters. Buy the dip

Posted by wallstreetrookie > Jul 14, 2021 5:29 PM | Report Abuse

This is how local institutions take money from Malaysian investors. Short companies that retail investors love and long companies that retail investors have never heard of. Write a thousand call warrants on short positions and release bad press for long positions to buy cheap.

Things will change soon. Absolute overreaction to oil remand due to Covid. Couldn't care less about spreads and charts controlled by OPEC

Posted by wallstreetrookie > Jul 14, 2021 5:30 PM | Report Abuse

Conflict of interests everywhere. Keep buying

Posted by risktoreward > Jul 14, 2021 6:51 PM | Report Abuse

@wallstreetrookie got it right. that IS exactly how it works, institution ain't our friend we are their food

Posted by risktoreward > Jul 14, 2021 6:58 PM | Report Abuse

The guru guru sekalian also got vested interested, ain't our friend, just like feng shui master ain't our friend

Posted by wallstreetrookie > Jul 15, 2021 8:59 AM | Report Abuse

Well, I understand the reason why Hengyuan is dropping due to the rise in inventories of unrefined oil as a result of decline in demand thanks to lockdowns. However, I think there is a strong overreaction. If crude oil sustains its run and with the right direction, Hengyuan could improve its cash flow and ultimately focus on returning value to its shareholders. This also comes with higher dividend over time.

Posted by Bgt 9963 > Jul 15, 2021 9:04 AM | Report Abuse

Good morning.!

Posted by wallstreetrookie > Jul 15, 2021 10:47 AM | Report Abuse

Expecting 1.5% dividend payout. Hopefully no disappointment or surprise

Posted by risktoreward > Jul 15, 2021 11:24 PM | Report Abuse

I’m waiting for apple168 to throw me hengyuan at lower prices.

I don’t even have the chance to lower down now

Posted by risktoreward > Jul 15, 2021 11:24 PM | Report Abuse

WC group, come throw to papa

Posted by James_Bond > Jul 16, 2021 6:10 AM | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by Bgt 9963 > Jul 16, 2021 8:49 AM | Report Abuse

Good morning.!

Posted by wallstreetrookie > Jul 19, 2021 8:02 AM | Report Abuse

The agreement means the cartel will boost output by 400,000 barrels a day each month from August, continuing until all of its halted output has been revived. The deal will also give the UAE and several other countries higher baselines against which their production cuts are measured, starting in May 2022, according to a statement from the group.

Posted by Bgt 9963 > Jul 19, 2021 8:56 AM | Report Abuse

Good morning.!

Posted by Turnaround > Jul 19, 2021 11:19 AM | Report Abuse

good time to collect

Posted by apple168 > Jul 20, 2021 3:40 PM | Report Abuse

Oil price crashing huge!

Posted by profit profits > Jul 21, 2021 1:43 PM | Report Abuse

oil up then give excuse not following oil price, when oil price down then talk shit on share price will follow oil price.

Posted by hng33 > Jul 23, 2021 11:19 AM | Report Abuse

Oil crack spread > USD 9

Posted by hng33 > Jul 23, 2021 11:21 AM | Report Abuse

Oil refining profit margin is expanding, uptread now

Posted by Solomon7 > Jul 23, 2021 11:51 AM | Report Abuse

Oil is near 52 week high. Hope share price will start to reflect soon