Highlights
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Last Price Today's Change   Day's Range   Trading Volume
3.47   -0.01 (0.29%)  3.44 - 3.55  826,700
83,225 comment(s). Last comment by SuperPanda at Nov 26, 2020 11:38 PM
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Jeffreyteck
3706 posts

Posted by Jeffreyteck > May 23, 2020 6:06 PM | Report Abuse

Bad news come together. Priced in?


mf
23466 posts

Posted by mf > May 23, 2020 6:11 PM | Report Abuse

run


Talib
536 posts

Posted by Talib > May 23, 2020 6:46 PM | Report Abuse

got cash 1135 million. short and long term loan 1200 million. lol.


Talib
536 posts

Posted by Talib > May 23, 2020 6:46 PM | Report Abuse

better sell. petronm loss money, Impossible hengyuan will earn


arubaato
28 posts

Posted by arubaato > May 23, 2020 8:25 PM | Report Abuse

Has not affected supply hmm..

https://www.malaymail.com/news/malaysia/2020/05/23/port-dickson-oil-refinery-fire-has-not-affected-supply-says-domestic-trade/1868937


Rakuten88
170 posts

Posted by Rakuten88 > May 23, 2020 8:30 PM | Report Abuse

https://www.thestar.com.my/business/business-news/2017/08/19/hengyuan-takes-advantage-of-low-oil-prices/

Exactly 3 years ago almost same scenario.. For those who are willing to risk might be rewarded. Good luck


alvin5588
259 posts

Posted by alvin5588 > May 24, 2020 9:04 AM | Report Abuse

https://focusmalaysia.my/mainstream/fire-at-hengyuan-refining-storage-tank-in-port-dickson-put-out/?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR2Ng2Te16kO9jK4CnviITmLwj6gfI1ujyq8jiBNW58hEEjungVbMQr_p38#Echobox=1590233308


Jeffreyteck
3706 posts

Posted by Jeffreyteck > May 24, 2020 3:20 PM | Report Abuse

Trust funds are smart, let them hold it first.


apolloang
17500 posts

Posted by apolloang > May 24, 2020 4:29 PM | Report Abuse

kilang hangus,saham pun hangus


EngineeringProfit
13292 posts

Posted by EngineeringProfit > May 24, 2020 4:31 PM | Report Abuse

Today's news.......oil truck pun hangus


shareinvestor88
2704 posts

Posted by shareinvestor88 > May 24, 2020 7:09 PM | Report Abuse

Semua hangus jual TP 2


Mabel
10375 posts

Posted by Mabel > May 24, 2020 7:58 PM | Report Abuse

@GooShem Mabel, naik apa ?

petronm rugi duit, mco petrol station semua rugi.
23/05/2020 7:23 AM

All Gloves Fantastic 4..Naik..

This one waiting for the right price to reenter..

Meow


Alex™
12301 posts

Posted by Alex™ > May 24, 2020 11:56 PM | Report Abuse

Why tmr Judi table no opennn


Mabel
10375 posts

Posted by Mabel > May 25, 2020 1:57 PM | Report Abuse

Hahaha.....


i3 newbie
159 posts

Posted by i3 newbie > May 26, 2020 8:42 AM | Report Abuse

Today judi table jadi open jedi knight come? hehe...


Happy_lucky
181 posts

Posted by Happy_lucky > May 26, 2020 12:44 PM | Report Abuse

History come again?


ATARAH
3878 posts

Posted by ATARAH > May 26, 2020 1:12 PM | Report Abuse

Only one tank burn ..can claim insurance
Small matter.

Big matter
TOKYO MCO open up
AUSTRALIA PM address nation in preparation open up economy ..
Dont dare to see oil price ...up or down
Check it out check it out now..

HY
No of shares only 300,000
Anytime can trajectory to RM4.20 .

Just like that...tomorrow we see
Most nation economy open up.
How the oil price will go down

People already adjust to new normal..loh
Go out but be cautious follow new normal live.

Go out in bicycle ? Or walking?
Used vehicle loh ...use oil ..
Oil price up ..HY up faster .

Another 2 weeks ..HY price is

Anyway not a call to buy ..because already bought ..

For call warrant watch expiry..date for mother
No expiry .


.


mf
23466 posts

Posted by mf > May 26, 2020 1:14 PM | Report Abuse

run


pari57
325 posts

Posted by pari57 > May 26, 2020 1:25 PM | Report Abuse

Why worry, insured maa


ATARAH
3878 posts

Posted by ATARAH > May 26, 2020 1:35 PM | Report Abuse

Hong Kong (CNN Business)Asian stocks rose on Tuesday, as a growing number of cities and countries around the world take steps toward re-opening.


Rakuten88
170 posts

Posted by Rakuten88 > May 26, 2020 1:53 PM | Report Abuse

Oil going up. Big economies opening up this week. Refiners should gain from the current low oil price and market opening


mf
23466 posts

Posted by mf > May 26, 2020 1:58 PM | Report Abuse

run


Happy_lucky
181 posts

Posted by Happy_lucky > May 26, 2020 2:30 PM | Report Abuse

Mf pls run quickly .


Rakuten88
170 posts

Posted by Rakuten88 > May 26, 2020 4:50 PM | Report Abuse

Mf guy has been telling run in rubberex then comfort then started following the rubbermania trend. Lol


ATARAH
3878 posts

Posted by ATARAH > May 26, 2020 11:30 PM | Report Abuse

Column: Hedge funds build large bullish position in WTI - Kemp

Reuters  | May 26, 2020 08:05AM ET


ATARAH
3878 posts

Posted by ATARAH > May 26, 2020 11:31 PM | Report Abuse

We follow hedge fund bullish position.


sell
2348 posts

Posted by sell > May 27, 2020 2:48 AM | Report Abuse

Fire must sell today.


mf
23466 posts

Posted by mf > May 27, 2020 3:30 AM | Report Abuse

run


i3 newbie
159 posts

Posted by i3 newbie > May 27, 2020 9:13 AM | Report Abuse

home run? hehe ...


Happy_lucky
181 posts

Posted by Happy_lucky > May 27, 2020 10:11 AM | Report Abuse

limit down? how to get RM2?? mf pls run quickly.


Qeelol
45 posts

Posted by Qeelol > May 27, 2020 11:59 AM | Report Abuse

just sell or hold?...


ATARAH
3878 posts

Posted by ATARAH > May 27, 2020 2:01 PM | Report Abuse

26.05.20
Brent oil broke another record from usd 36.06
To usd 36.17. Heavy profit taking when it did reach USD 36.67 before closed on usd 36.17
Which is healthy and above previous high of USD 36.06

27.05.20
Currently trading and profit taking continue
But will it close..above usd 36.17 in the announcements of major city around the world
Opening up again to resume NEW NORMAL LIfe.

How high will oil rally ...within this week
And what will be HY closing price today or this week?


i3 newbie
159 posts

Posted by i3 newbie > May 27, 2020 3:11 PM | Report Abuse

HY no power spiral down hehe ..
really counter intuitive


markpaul328
41 posts

Posted by markpaul328 > May 27, 2020 5:19 PM | Report Abuse

Heng yuan produces petrol for all shell stations?


RedEagle
3090 posts

Posted by RedEagle > May 27, 2020 8:04 PM | Report Abuse

Petronas' capex cut another shock to local O&G companies


Happy_lucky
181 posts

Posted by Happy_lucky > May 28, 2020 8:34 AM | Report Abuse

Hengyuan is refining company will no much effect by petronas' capex...


i3 newbie
159 posts

Posted by i3 newbie > May 28, 2020 8:51 AM | Report Abuse

If Hengyuan also capex cut then profit up? hehe ...


ATARAH
3878 posts

Posted by ATARAH > May 28, 2020 8:53 AM | Report Abuse

Exciting time for HY


Happy_lucky
181 posts

Posted by Happy_lucky > May 28, 2020 9:01 AM | Report Abuse

Hengyuan now is better than other o n g company ,because that only focus on the refining . The profit depends on crack spread, when the crude oil price decrease ,the cost will decrease and increase the crack spread profit but demand will decrease and the sale of volume also decrease. When the crude oil price increase, crack spread will be narrow but the demand will increase, demand increase and the sales of volume will increase , so overall increase the profit.


ATARAH
3878 posts

Posted by ATARAH > May 28, 2020 1:18 PM | Report Abuse

Wow Happy ..
You are so knowledgable in this Industry .
Especially HY.
That is important research note HY.


DJThong
72 posts

Posted by DJThong > May 28, 2020 2:38 PM | Report Abuse

Not a good bet. Weak board compared to other players


Happy_lucky
181 posts

Posted by Happy_lucky > May 28, 2020 4:21 PM | Report Abuse

Be patient .now all selling just for chasing the counters related with health care like gloves counter. Waiting volume coming. Hengyuan is a best company with good management team.


lmy059c
34 posts

Posted by lmy059c > May 28, 2020 10:04 PM | Report Abuse

Happy_lucky, thanks for explaining crack spread. In addition,I would like to add that there is another factor affecting the profitability of an oil refinery such as Hengyuan, Petronm and Hibiscus for a particular quarter ie Stockholding Gain or Loss. This factor has been clearly explained by Bursa Master in this forum dated 22 Feb 2020.

A refinery will GAIN if the crude oil stored in the storage while waiting to be refined, increases in price. Conversely, it will LOSE if the oil price drops during the period. This explains why Petronm
suffers hugh losses while Hibiscus has greatly reduced profits for 1Q 2020.Unfortunately, Hengyuan will also most likely report an unfavourable 1Q 2020 result ???

Note that Brent crude oil price was abt USD 60.00 on 1 Jan 2020 and abt USD25.00 on 31 Mac 2020 (Falling prices)

If this factor is correct, then we should see very very good results for the next few quarters ???? Increasing Prices !!! Just imagine from a low of USD 19.00 to USD30, USD40 ….. and perhaps USD80.00.....
for the next few quarters..

Please refer to the very helpful and detailed Bursa Master article for better understanding..


Happy_lucky
181 posts

Posted by Happy_lucky > May 28, 2020 11:42 PM | Report Abuse

You're right. But normally they will stock the inventory about 18-30days and they use the FIFO technique which is first in first out. When price suddenly falling down will make it loss of crack spread cause the inventory loss, but after they clear all the highly cost of crude oil and start to enjoy the high profit of crack spread. Hibiscus is upstream o n g company so the volatile of oil price will highly effect their profit. When oil price suddenly falling sure make them huge loss because the cost operation is higher than sales's price. Petronm suffer huge loss due to the volatile of crude oil price cause the crack spread become lower( 1), demand down decrease the sales (2). loss of marketing business due to mco and the worker need salary no matter business is good or bad (3). Other expenses increase (4).
Petronm is refining and marketing company sure will suffer huge impact rather than hengyuan but hengyuan only focus in refining and supply to shell and other company .Just my opinion, sorry and thank you.


ATARAH
3878 posts

Posted by ATARAH > May 29, 2020 6:36 AM | Report Abuse

HENG YUAN will strike back up.
Oil price rebound greatly..proven cannot be suppress.. as world city economy open up
Ans OPEC + continue production cut till DEC 2020...heading to USD 40 soon next week ?


ATARAH
3878 posts

Posted by ATARAH > May 29, 2020 6:37 AM | Report Abuse

HENG YUAN target will be back to RM 4.20 soon


ATARAH
3878 posts

Posted by ATARAH > May 29, 2020 6:40 AM | Report Abuse

Only 300,000 shares easily trajectory up.
Qtr profit coming ? Will be surprise ?


aloha
257 posts

Posted by aloha > May 29, 2020 11:08 AM | Report Abuse

sure coming.....matter of time


rizerlee
724 posts

Posted by rizerlee > May 29, 2020 11:29 AM | Report Abuse

Crude Oil price plunges actually profit or Hurt Hengyuan margin ?


rizerlee
724 posts

Posted by rizerlee > May 29, 2020 11:36 AM | Report Abuse

Personally i don't worry short term sales impact to HY or Petronm due to lockdown
i'm concern travel habit of public might changed in upcoming 1 to 2 year.

i was resume work and traffic are much less crowded.
My company decided to allow worker work from home even if government didn't extend CMCO after 9th June.

Company and personal habit did changed a lot after this pandemic.

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