Highlights
KLSE: HENGYUAN (4324)       HENGYUAN REFINING CO BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
3.54   +0.06 (1.72%)  3.44 - 3.73  837,600
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

Overview

Market Cap: 1,062 Million
NOSH: 300 Million
Avg Volume (4 weeks):1,775,366
4 Weeks Range:3.10 - 4.28
4 Weeks Price Volatility (%):
37.29%
52 Weeks Range:2.20 - 5.50
52 Weeks Price Volatility (%):
40.61%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2019 [#4]  |  27-Feb-2020
Next QR | Est. Ann. Date: 31-Mar-2020  |  24-May-2020
T4Q P/E | EY: 30.36  |  3.29%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 6.7045  |  0.53
T4Q NP Margin | ROE: 0.28%  |  1.74%

Headlines

Date Subject
27-May-2020 【浅谈 HENGYUAN(4324),NTA 比股价高接近 1 倍的公司 】
27-May-2020 Mplus Market Pulse - 27 May 2020
09-May-2020 热门股:恒源炼油上挑RM4.22
08-May-2020 Stocks on Radar - Hengyuan Refining Company (4324)
06-May-2020 热门股:恒源炼油上挑RM3.77
04-May-2020 Stocks on Radar - Hengyuan Refining Company (4324)
02-May-2020 FUEL CONSUMPTION TO RISE WHEN ECONOMY REOPEN !!! THIS STOCK WILL BENEFIT !!!
03-Apr-2020 上升股:恒源炼油阻力RM3.10
28-Mar-2020 Hengyuan Refining Company Berhad (KLSE) #RTable - Viewer Requested - YAPSS
11-Mar-2020 热门股:恒源炼油上挑RM3.6
28-Feb-2020 PublicInvest Research Headlines - 28 Feb 2020
22-Feb-2020 WORST IS OVER FOR THIS COMPANY !!! RENEWED BUYING INTEREST EMERGES !!
15-Feb-2020 上升股:恒源炼油阻力RM4.38
26-Dec-2019 Stocks on Radar - Hengyuan Refining Company (4324)
03-Dec-2019 下跌股:恒源炼油RM4.07支撑
02-Dec-2019 Mplus Market Pulse - 2 Dec 2019
04-Nov-2019 PublicInvest Research Headlines - 4 Nov 2019
24-Oct-2019 波德申卸油设施故障·PETRON大马恒源:采措施保供应
23-Oct-2019 PublicInvest Research Headlines - 23 Oct 2019
09-Oct-2019 上升股:恒源炼油阻力RM4.70

Business Background

Hengyuan Refining Co Bhd is engaged in refining and manufacturing of petroleum products in Malaysia. The company’s operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, two reformers, and a gasoil treatment plant. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene. Its segment consists of manufacturing of petroleum products with all of the operations in Malaysia. Majority of its revenue is derived from the sale of refined petroleum products.
Analyze this stock with MQ Trader system

  27 people like this.
 
Talib better sell. petronm loss money, Impossible hengyuan will earn
23/05/2020 6:46 PM
arubaato 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
23/05/2020 8:25 PM
Rakuten88 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
23/05/2020 8:30 PM
alvin5588 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
24/05/2020 9:04 AM
Jeffreyteck Trust funds are smart, let them hold it first.
24/05/2020 3:20 PM
apolloang kilang hangus,saham pun hangus
24/05/2020 4:29 PM
EngineeringProfit Today's news.......oil truck pun hangus
24/05/2020 4:31 PM
shareinvestor88 Semua hangus jual TP 2
24/05/2020 7:09 PM
Mabel @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
24/05/2020 7:58 PM
Alex™ Why tmr Judi table no opennn
24/05/2020 11:56 PM
Mabel Hahaha.....
25/05/2020 1:57 PM
i3 newbie Today judi table jadi open jedi knight come? hehe...
26/05/2020 8:42 AM
Happy_lucky History come again?
26/05/2020 12:44 PM
ATARAH 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 .


.
26/05/2020 1:12 PM
mf run
26/05/2020 1:14 PM
pari57 Why worry, insured maa
26/05/2020 1:25 PM
ATARAH 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.
26/05/2020 1:35 PM
Rakuten88 Oil going up. Big economies opening up this week. Refiners should gain from the current low oil price and market opening
26/05/2020 1:53 PM
mf run
26/05/2020 1:58 PM
Happy_lucky Mf pls run quickly .
26/05/2020 2:30 PM
Rakuten88 Mf guy has been telling run in rubberex then comfort then started following the rubbermania trend. Lol
26/05/2020 4:50 PM
ATARAH Column: Hedge funds build large bullish position in WTI - Kemp

Reuters  | May 26, 2020 08:05AM ET
26/05/2020 11:30 PM
ATARAH We follow hedge fund bullish position.
26/05/2020 11:31 PM
sell Fire must sell today.
27/05/2020 2:48 AM
mf run
27/05/2020 3:30 AM
i3 newbie home run? hehe ...
27/05/2020 9:13 AM
Happy_lucky limit down? how to get RM2?? mf pls run quickly.
27/05/2020 10:11 AM
Qeelol just sell or hold?...
27/05/2020 11:59 AM
ATARAH 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?
27/05/2020 2:01 PM
i3 newbie HY no power spiral down hehe ..
really counter intuitive
27/05/2020 3:11 PM
markpaul328 Heng yuan produces petrol for all shell stations?
27/05/2020 5:19 PM
RedEagle Petronas' capex cut another shock to local O&G companies
27/05/2020 8:04 PM
Happy_lucky Hengyuan is refining company will no much effect by petronas' capex...
28/05/2020 8:34 AM
i3 newbie If Hengyuan also capex cut then profit up? hehe ...
28/05/2020 8:51 AM
ATARAH Exciting time for HY
28/05/2020 8:53 AM
Happy_lucky 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.
28/05/2020 9:01 AM
ATARAH Wow Happy ..
You are so knowledgable in this Industry .
Especially HY.
That is important research note HY.
28/05/2020 1:18 PM
DJThong Not a good bet. Weak board compared to other players
28/05/2020 2:38 PM
Happy_lucky 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.
28/05/2020 4:21 PM
lmy059c 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..
28/05/2020 10:04 PM
Happy_lucky 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.
28/05/2020 11:42 PM
ATARAH 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 ?
29/05/2020 6:36 AM
ATARAH HENG YUAN target will be back to RM 4.20 soon
29/05/2020 6:37 AM
ATARAH Only 300,000 shares easily trajectory up.
Qtr profit coming ? Will be surprise ?
29/05/2020 6:40 AM
aloha sure coming.....matter of time
29/05/2020 11:08 AM
rizerlee Crude Oil price plunges actually profit or Hurt Hengyuan margin ?
29/05/2020 11:29 AM
rizerlee 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.
29/05/2020 11:36 AM
i3 newbie today HY double wave up hehe ...
29/05/2020 11:50 AM
aloha Uncle KYY is watching the price movement
29/05/2020 12:22 PM
Happy_lucky Uncle kyy waiting a best time to enter, now he still at comfort .When comfort suddenly falling down sure come here again.
29/05/2020 1:01 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

538  312  486  856 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 CAREPLS 1.31+0.20 
 XOX 0.09+0.025 
 EDUSPEC 0.030.00 
 AT 0.06+0.01 
 KGROUP 0.0750.00 
 SANICHI 0.105+0.01 
 HLT 0.575+0.05 
 EKOVEST 0.605+0.04 
 HLT-WA 0.355+0.02 
 ARMADA 0.2150.00 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers