Highlights
KLSE: HENGYUAN (4324)       HENGYUAN REFINING CO BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
4.75   -0.12 (2.46%)  4.75 - 4.84  228,100
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Overview

Market Cap: 1,425 Million
NOSH: 300 Million
Avg Volume (4 weeks):395,376
4 Weeks Range:4.29 - 4.96
4 Weeks Price Volatility (%):
68.66%
52 Weeks Range:4.29 - 7.06
52 Weeks Price Volatility (%):
16.61%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  29-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  28-Nov-2019
T4Q P/E | EY: -14.58  |  -6.86%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 6.905  |  0.69
T4Q NP Margin | ROE: -0.90%  |  -4.72%

Headlines

Date Subject
18-Sep-2019 中东局势恶化·冲击全球供应·油价看涨·油气股发威
17-Sep-2019 Trading Stocks - Hengyuan
14-Sep-2019 上升股:恒源炼油阻力RM4.69
31-Aug-2019 下跌股:恒源炼油RM4.28支撑
26-Aug-2019 下跌股:恒源炼油RM4.74支撑
08-Jul-2019 PublicInvest Research Headlines - 8 Jul 2019
08-Jul-2019 Mplus Market Pulse - 8 Jul 2019
05-Jul-2019 Hengyuan approves US$26.62m funding for Euro 5 gasoil project
04-Jun-2019 Hengyuan 60th AGM Board Q&A presentation on my questions
29-May-2019 PublicInvest Research Headlines - 29 May 2019
28-May-2019 下跌股:恒源炼油RM5.48支撑
17-May-2019 Question for upcoming Sixtieth Hengyuan AGM on 28th May 2019
10-May-2019 Trading Stocks - Hengyuan Refining Company
10-May-2019 上升股:恒源炼油阻力RM6.24
29-Apr-2019 Beneficiaries, losers of rallying oil prices
09-Apr-2019 上升股:恒源炼油阻力RM6.35
14-Mar-2019 恒源炼油挑战RM6.38/敏源
07-Mar-2019 上升股:恒源炼油阻力RM6.58
22-Feb-2019 上升股:恒源炼油阻力RM6.54
15-Feb-2019 Stocks on Radar - Hengyuan Refining Company (4324)

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.
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  27 people like this.
 
3iii On hindsight. Reviewing Hengyuan since the recommendation by otb and his henchmen.


The smartest players: otb and friends.

The smart player: kyy

The stupid players: r--d-r. (TP 45!)
26/08/2019 8:39 AM
apple168 One dollar Money Game"

Story begins like this...

It is said that Yale University Professor KO once took out a one-dollar bank note. Please ask for the price of this bank note, starting at 5 cents. The increase is in 5 cents, and the highest bidder gets this $1 bank note, but the bid "highest and second highest" must pay the auctioneer the amount of the bid, which means that the second highest person must pay and can be obtained.

This kind of unique dollar auction has invited everyone's interest. Many students started bidding. For convenience, I will only list the highest and second highest bids.
Student A bids 5 cents
Student B bids 10 cents
Student A goes out to 15 cents
Student B goes out to 20 cents...

When the two students reached 45 cents and 50 cents, they started to feel a little bit wrong. At this time, if no one gives a higher price, the professor will lose 50 cents. At this time, A wants to lose 45 cents if he does not bid, so he continues to bid 55 cents, I thought I might earn 45 cents.

Of course, B is not willing to lose, he has been 5 cents more than A. When A goes out to 95 cents and B goes out to 100 cents, B can't make any money, and A thinks if he doesn't bid. To lose 95 cents, you may lose only 5 cents if you continue to bid.

Then
A continues to out to 105 cents...
B continues to go to 110 cents...
......

The last dollar was auctioned for $20! At first the students just had the opportunity to pay a few hundred cents for the professor's dollar.

The most subtle design of this auction is that the second highest bidder also needs to pay the price he shouted, but in the end nothing can be obtained.

Many people just fall into the trap because they are in the trap. The baby's heart is bitter, but the baby doesn't say it. It will drag those who want to take advantage of it into this money game, and eventually lose both.

In fact, at first, students are feeling interesting and thinking that they can even make a small profit, but when the bids going higher, they actually feel that they are in trouble, but in order not to let themselves losing up, hence, continuing to bid, and finally, regret to participate in this auction.

In reality, why do people fall into the money game trap again and again? We believe this is likely due to GREED! In order to earn pocket money, the result is "winning the sugar, losing the whole factory."

There is “no elevator to success, you hv to take the stairs”.

Good Luck!
26/08/2019 4:18 PM
26/08/2019 4:30 PM
BullRun_93 anyone know KYY still owns this counter? am thinking of buying some. :/
29/08/2019 1:55 AM
3iii How many in this forum were blinded by raider's dishonest promotion that this was the most undervalued stock? His target price of $45 led him to shout loudly his margin of safety.

Hengyuan has illustrated that my friend raider was:

Manic-depressive

Does not know how to analyse business.

Does not known how to value an asset conservatively.

Most importantly, knows nothing about margin of safety.



Philip is right in his opinion of raider too.
29/08/2019 6:40 PM
Robinson only earn 1 cent this q. tp 2.0
29/08/2019 7:07 PM
apple168 HengYuan profits drop near 100%! Bad bad bad!
29/08/2019 9:14 PM
apple168 TP <3.0
29/08/2019 9:15 PM
Ekkram 3.3b rev only earn 3.3mil, kau pergi jual lembu nfc lebih baik.
29/08/2019 9:16 PM
Fam Jenny I attended a seminar n the speaker said Malaysia had very good business opportunies for the next five years n many millionaires will be created here through e-commerce n online business.
So seize the chance if it is open to you.
29/08/2019 9:20 PM
beginner20 please have a look at its nta increment. why?
29/08/2019 10:46 PM
BullRun_93 @beginner20
is it because they bought some tangible assets? :/ hehe just guessing am not sure
30/08/2019 10:21 AM
BullRun_93 lucky never buy this yesterday. you guys are smart never make noise. if you guys said buy yesterday i'm sure will kena kow-kow again. :D
30/08/2019 10:30 AM
WHO AM I TP RM 2
30/08/2019 5:41 PM
enigmatic [Breaker of Speculative Investing] Fake breakout that day. This proves that Hengyuan is fundamentally atrocious & likely to be subjected to manipulation. Think TWICE before investing your money.
30/08/2019 5:58 PM
3iii What is the intrinsic value of Hengyuan?

At one time, not too long ago, it was promoted as the most undervalued stock.

According to active promoters, those who did not appreciate its huge margin of safety and did not buy, were fools.

Which fools are swimming naked now the tide has receded?
01/09/2019 11:04 AM
EatCoconutCanWin Hengyuan is china company. Impacted by trade war?
02/09/2019 11:52 AM
ks55 Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Dec 31, 2017 09:31 PM | Report Abuse

When did Hengyuan pay dividend for the last time? 2013?
When do you expect Hengyuan to pay dividend again? 2023?

Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.

Sama-sama lah, all are red chips.

Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.

Later on fire will break out in their factories/ refinery.

Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........
02/09/2019 12:01 PM
freddiehero nice.. still long way to go..
03/09/2019 6:27 PM
Robinson still tp 22 by Chinese new year haha? asking stockraider
10/09/2019 11:49 AM
5c0160 rubbish counter touch year low break 435 tmr 4.00.
10/09/2019 6:57 PM
10/09/2019 7:12 PM
Robinson should back to 3.0
11/09/2019 12:52 PM
ongkkh Just Changed CFO
11/09/2019 8:34 PM
Robinson so????
11/09/2019 8:44 PM
5c0160 Still downtrend counter.
12/09/2019 7:03 PM
Robinson is not down trend, is GG. tp 3
13/09/2019 11:51 AM
Ekkram https://www.cnbc.com/2019/09/14/saudi-arabia-is-shutting-down-half-of-its-oil-production-after-drone-attack-wsj-says.html
15/09/2019 11:23 AM
Ekkram Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28-years time.

https://oilprice.com/Energy/Oil-Prices/Oil-Price-Explosion-Brent-Crude-Jumps-20.html?utm_source=browser&utm_medium=push_notification&utm_campaign=VWO_Engage_notification_1568607311&_p_c=1
16/09/2019 10:49 AM
Ekkram Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28-years time.

https://oilprice.com/Energy/Oil-Prices/Oil-Price-Explosion-Brent-Crude-Jumps-20.html?utm_source=browser&utm_medium=push_notification&utm_campaign=VWO_Engage_notification_1568607311&_p_c=1
16/09/2019 10:49 AM
Bao Jie Robinson. Looks like ur tp 3 not gonna happen lol
16/09/2019 11:05 AM
ChoCho Dow Jones' o&g sector/counters are very green now. Independent explorers/drillers, equipment/pipeline suppliers, refinery all are benefiting from the Aramco refinery fire.
16/09/2019 10:55 PM
CyrusQ Most counter moving slow and progressive. , What about this ? any pros advice ?
17/09/2019 11:04 AM
Ekkram the fire damage is not a day or a week repair job.
so siapa lambat harini akan tinggal bas.....
17/09/2019 11:38 AM
pang72 This is another Pasar malam price counter...

Buy low low low...
17/09/2019 11:58 AM
leslieroycarter What will happen when crude oil price hit USD 100 per barrel ?
17/09/2019 12:17 PM
Ekkram buy & hold till Nov qtr result, surely beat the '18 result EPS -40.83 then time to sell la.
17/09/2019 12:19 PM
pang72 Crude hit usd 100...
HRC stock gain at least rm300miliions..
17/09/2019 2:02 PM
pang72 Hrc will have eps rm1. 20 again!!
17/09/2019 2:02 PM
Depeche Haha...reunion of the HY old boys?? Where is Stockraider?
17/09/2019 2:21 PM
pang72 Saudi refinery being attack, to my understanding refinery margin shall elevated hence benefit to hengyuan?
This happened long ago the largest refinery in Europe caught fire.. Crack spread up...
17/09/2019 6:24 PM
Alex™ Wah... Hengyuan 2.0 lai liao
17/09/2019 6:40 PM
Alex™ Wait europe one more fire...
17/09/2019 6:41 PM
pang72 Haha!!
17/09/2019 8:46 PM
pang72 Saudi the world largest bring attack create more upside mah!!
17/09/2019 8:47 PM
pang72 Pchem, hrc,, petron and lctitan all up...
Chemical factory in benefit.
17/09/2019 8:49 PM
GooShen Those who chase high today, tmr you need to cut loss. Oil price drop as bad as 7% now.
17/09/2019 10:42 PM
GooShen Told you rite? Chase high you go to holland.
18/09/2019 9:02 AM
KooSan HengYuan didn't go Holland because it is Heng and Huat. Petron is the one went Holland instead of Philippines
18/09/2019 10:02 PM
KooSan Tension between the United States and Iran has been rising since President Trump abandoned the Iranian nuclear agreement last year and the attack on the oil facilities has spurred concerns of an escalation into a new war.
22/09/2019 3:20 PM


 

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