Highlights
KLSE: HENGYUAN (4324)       HENGYUAN REFINING CO BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
4.94   -0.01 (0.20%)  4.93 - 4.97  40,800
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Overview

Market Cap: 1,482 Million
NOSH: 300 Million
Avg Volume (4 weeks):620,694
4 Weeks Range:4.55 - 5.72
4 Weeks Price Volatility (%):
33.33%
52 Weeks Range:4.55 - 19.20
52 Weeks Price Volatility (%):
2.66%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  28-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  27-Feb-2019
T4Q P/E | EY: 6.91  |  14.47%
T4Q DY | Payout %: 0.40%  |  2.80%
T4Q NAPS | P/NAPS: 6.1903  |  0.80
T4Q NP Margin | ROE: 1.81%  |  11.55%

Headlines

Date Subject
06-Dec-2018 Stocks on Radar - Hengyuan Refining Company (4324)
02-Dec-2018 HENGYUAN REFINING COMPANY BERHAD - TIME TO GET IN?
29-Nov-2018 PublicInvest Research Headlines - 29 Nov 2018
27-Nov-2018 下跌股:恒源炼油RM4.96支撑
05-Nov-2018 Mplus Market Pulse - Still On The Recovery Path, By Choppy
18-Oct-2018 MQ Trader – How to quantify signal quality with MQ Backtesting? [HENGYUAN] (Part 2)
17-Oct-2018 MQ Trader – How to quantify signal quality with MQ Backtesting? [HENGYUAN] (Part 1)
03-Oct-2018 上升股:恒源炼油阻力RM7.10
06-Sep-2018 Mplus Market Pulse - 6 Sept 2018
06-Sep-2018 PublicInvest Research Headlines - 6 Sept 2018
02-Sep-2018 恒源炼油试叩RM7.60/敏源
09-Aug-2018 上升股:恒源炼油阻力RM7.53
27-Jul-2018 下跌股:恒源炼油RM6.70支撑
15-Jul-2018 上升股:恒源炼油阻力RM6.80
25-May-2018 PublicInvest Research Headlines - 25 May 2018
23-May-2018 下跌股:恒源炼油RM6支撑
22-May-2018 Mplus Market Pulse - 22 May 2018
18-May-2018 下跌股:恒源炼油RM7.80支撑
01-May-2018 Hengyuan: Questions for upcoming 59th AGM (Revised)
18-Apr-2018 下跌股:恒源炼油RM8.23支撑

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.
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

  26 people like this.
 
fattycat After one year ; from rm19 to rm4.8 .
03/12/2018 00:42
carry Will go down further
03/12/2018 00:44
Tongkarat Aiyoyo...
03/12/2018 10:00
CyrusQ @Alex lol can’t compare la. last time rotee telor 1 each now 2.50. Kosong 1 each
03/12/2018 13:13
CyrusQ Haha our item once up next down. Only thing down is our currency, sallary maintained.
03/12/2018 13:15
Patrick Aiyoyo...
03/12/2018 13:58
Choivo Capital So cheap, kritik backside meh.

Wait lah rm10, then only worth to kritik. So mahal then.

===
Posted by dragonslayer > Dec 3, 2018 06:17 PM | Report Abuse

Aiyo..why no one say limit down again kah...mana itu semua penkritik...lol...wakakaka...kikiki
03/12/2018 18:20
Totalpackage Walaooooo.... why Mogas92 crack spread price at negative -0.273???? Jan19 price at 0.293!!! So cheap ah. How to cari makan??
03/12/2018 20:52
Tongkarat Aiyoyo...
03/12/2018 22:10
Plug 股市如此多娇,引无数股友竞拆腰……呜呼…哈哈哈
04/12/2018 10:06
Plug US down BURSA down US up BURSA down as well.....
04/12/2018 10:08
3iii Poor AhFah


>>>>Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Mar 12, 2018 06:34 PM | Report Abuse

WHY AHFAH THE BEST INVESTOR IN PUDU MKT... WHO BOUGHT 2000 HENGYUAN AT 9.00 OR RM 18K... INVEST FOR LONG TERM LOH ???...!!

U need to rely on longterm investment, strong fundamental of hengyuan supported by good cashflow to win loh...!!

At the moment World champion hengyuan eps rm 3.03 still exceed eps of most expensive stock nestle rm 2.75

U can depend on the future potential lesser resistance from IB come June to OCT loh...!!
Bcos the strike price of hengyuan has increased tremendously loh...!!

U can depend on china value funds accumulating on hengyuan that will raise hengyuan price mah..!!

U can bang on the future rerating of hengyuan towards bluechips level above PE 10x due to consistent strong earnings level loh....!!<<<<





>>>>Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Mar 12, 2018 05:43 PM | Report Abuse

JUST BE PREPARE LOH....!!

BUT THIS TYPE OF SUSTAINABLE EPS IS STILL VERY CREDIBLE LOH....!!

WHY IS SUSTAINABLE EPS RM 2.00 TO RM 2.40 VERY CREDIBLE LOH....!!??

THE REALISTIC EPS OF HENGYUAN OF RM 2.00 TO RM 2.40, IT WILL STILL MAKE THE TOP EARNINGS PERFORMER IN MSIA, EVENTHOUGH SLIGHTLY LOWER THAN NESTLE WITH EPS OF RM 2.75, IT STILL EXCEED MOST OF LARGE BLUECHIPS EPS OF MAYBANK, PBANK, PGAS, PCHEM, CIMB ETC MAH....!!

HENGYUAN EASILY THE TOP 5 MOST PROFITABLE CO BASED ON SUSTAINED EARNINGS OF RM 2.00 TO RM 2.40 LOH....!!
THE GREAT THING IT IS TRADING AT UNDEMANDING PE 4.5X WHEN U COMPARE TO THE REST WITH AVERAGE PE 16X LOH....!!

IF U COMPARE TO PHILLIP 66, TRADE PE 22X, THERE IS WIDE SCOPE OF APPRECIATION MAH....!!

DO NOT LOOK DOWN ON HENGYUAN, AND PLS DO NOT MISSED THIS OPPORTUNITY TO ACCUMULATE LOH....!!

THIS TYPE OF SUSTAINABLE EPS IS STILL VERY CREDIBLE LOH....!!

WHY IS SUSTAINABLE EPS RM 2.00 TO RM 2.40 VERY CREDIBLE LOH....!!??

THE REALISTIC EPS OF HENGYUAN OF RM 2.00 TO RM 2.40, IT WILL STILL MAKE THE TOP EARNINGS PERFORMER IN MSIA, EVENTHOUGH SLIGHTLY LOWER THAN NESTLE WITH EPS OF RM 2.75, IT STILL EXCEED MOST OF LARGE BLUECHIPS EPS OF MAYBANK, PBANK, PGAS, PCHEM, CIMB ETC MAH....!!

HENGYUAN EASILY THE TOP 5 MOST PROFITABLE CO BASED ON SUSTAINED EARNINGS OF RM 2.00 TO RM 2.40 LOH....!!
THE GREAT THING IT IS TRADING AT UNDEMANDING PE 4.5X WHEN U COMPARE TO THE REST WITH AVERAGE PE 16X LOH....!!

IF U COMPARE TO PHILLIP 66, TRADE PE 22X, THERE IS WIDE SCOPE OF APPRECIATION MAH....!!

DO NOT LOOK DOWN ON HENGYUAN, AND PLS DO NOT MISSED THIS OPPORTUNITY TO ACCUMULATE LOH....!!
THE MONEY MAKING QUESTION IS SHOULD U BUY MORE HENGYUAN NOW, WHEN IT IS BELOW RM 10.00 LEH ??
RAIDER SAYS YES LOH....FOR EXAMPLE AHFAH FROM PUDU MARKET HAS STARTED BUYING AT RM 9.00 LOH....!!

THIS RAIDER AGREE LOH...!! U MUST ARM YOURSELF WITH KNOWLEDGE LOH...!!
IF U R UNABLE TO DO THAT, THEN U MUST FOLLOW SOME ONE U CAN TRUST, LIKE AHFAH TRUST GENERAL RAIDER LOH...!!
IF U CANNOT FIND THE TRUST WORTHY PERSON, THEN U BETTER DON INVEST BLINDLY LOH;

A WORD OF CAUTIOUN, EVEN IF U R THE WORLD GREATEST INVESTOR LIKE WARREN BUFFET, U MAY STILL LOSE IF U SPECULATE SHORT TERM IN THE MARKET LOH...!!
WARREN BUFFET HAD ADVICE MANY TIME, ALWAYS INVEST LONG TERM LOH...!!
BCOS SHORT TERM IS JUST A VOTING MACHINE LOH....!!
ON CERTAIN OCASSION W.BUFFET ALSO LOSE SHORT TERM LOH...!!<<<<
04/12/2018 12:28
Tongkarat Aiyooooooooooo....
04/12/2018 14:32
Plug hahaha
04/12/2018 16:13
aidwiz has anyone saw stockraider?
04/12/2018 19:32
3iii Poor raider. Working hard for kind ahfah in Selayang market!
04/12/2018 19:40
i3lurker RM1.80 coming

btw fyi suddenly a lot of people no longer pumping Shell, myself included.

I had used Shell petrol for decades, suddenly I switched to another brand and I noticed that some other observant people who are also driving luxury cars with computerised engine management controls are also doing the same.

Please do not ask me why. Consumer has a right to switch brands. Why?

Answer is :- No Comment
04/12/2018 19:46
3iii Did you notice in Hengyuan forum:

1. Few or no posts on crack spread recently.
2. Few or no posts on simple versus complex refinery.
3. Few or no posts on low PE as very safe and very undervalued.
4. Few or no posts on growth in earnings.
5. Few or no posts claiming this is the brightest and most undervalued gem.



:-)

[All the promoters have gone to bed.}
04/12/2018 19:55
i3lurker PE can even be 1

fat lot of good that will do you if management refuses to pay dividends, no one will buy the share...

PE might even drop to 0.1 but still no dividends.

if PE is 1 it means you get back your money in 1 years' time.

But where is the money? the money which you "got back", is not with you, but with the company coz company refuses to pay dividends.

example you pay RM5.00 for share, company makes profits EPS RM5.00 in 1 year so PE = 1.

company refuses to pay dividends so you made RM5.00 from RM5.00 but money is still with company and will NEVER be given to you.

you dun see any money at all.

You paid RM5.00, After 10 years company made RM50.00

the RM50.00 is still with the company, still no dividends.

what is market price of share? I dun know maybe still below RM5.00?
04/12/2018 20:03
3iii >>>Posted by i3lurker > Dec 4, 2018 08:03 PM | Report Abuse

PE can even be 1

fat lot of good that will do you if management refuses to pay dividends, no one will buy the share...

PE might even drop to 0.1 but still no dividends.

if PE is 1 it means you get back your money in 1 years' time.

But where is the money? the money which you "got back", is not with you, but with the company coz company refuses to pay dividends.

example you pay RM5.00 for share, company makes profits EPS RM5.00 in 1 year so PE = 1.

company refuses to pay dividends so you made RM5.00 from RM5.00 but money is still with company and will NEVER be given to you.

you dun see any money at all.

You paid RM5.00, After 10 years company made RM50.00

the RM50.00 is still with the company, still no dividends.

what is market price of share? I dun know maybe still below RM5.00?<<<



Usually occurs in companies with unpredictable earnings. The earnings are very cyclical and volatile; and may even be a loss.

Don't confuse a low PE stock as being undervalued. It may not be and at times, may be even too expensive.

Also, never use a single financial ratio to assess or value any stocks.
04/12/2018 20:07
i3lurker Yes you are very correct and right. I focused here coz I noticed that some promoters (pineapple eaters and gang, now since disappeared) TOTALLY emphasized on PE here at this forum.

////Also, never use a single financial ratio to assess or value any stocks.////
04/12/2018 20:10
Tongkarat Aiyoooooooooooooooooo...
04/12/2018 20:14
freddiehero qr showing red. showing price ready to 4.60
04/12/2018 20:29
freddiehero 3.0 on my way
04/12/2018 20:29
viagra So confident
04/12/2018 22:40
warren buntut still above 5, i thought many refiners expert here said will limit down ?
05/12/2018 09:28
Equityengineer Get some lots . crack spread will improve.
05/12/2018 11:52
CyrusQ What’s the progress of this counter?
05/12/2018 13:41
stockistlearner no need to limit down. drop slowly and rebound and drop again. this will catch more retailers on boat. killing you softly is the way
05/12/2018 16:19
Tongkarat Aiyoyo...man man lorrrr......aiyoooooooo
05/12/2018 16:37
3iii Raider is back ....


Understand this loh.....!!
In investment every dogs has its days loh....!!
Take Padini for example......this 3iii has been shouting and screaming like a champion about it....but just within 1 wk....this Padini loss 50% of its value loh.....!!

As for Hengyuan....at this price.....Raider is comfortable....having sold a big position at a much higher price....Raider has been buying back loh.....!!
But my current position right now still very small loh....!!

ALWAYS REMEMBER TO PROTECT YOUR INVESTMENT WITH A STOP POSITION.
U CAN ALWAYS BUY BACK MAH.....!!
07/12/2018 12:19
3iii Integrity is still a big issue with my friend.
07/12/2018 12:20
ivan9511 I have been watching from 16 until now
now I can say cheap and start collect slowy
when drop 10% I top up
My tp is 6 ringgit only as a fair value of shell
07/12/2018 12:30
3iii http://www.investlah.com/forum/index.php/topic,10826.msg174551.html#msg174551
October 2010
Padini



August 2011
Padini
ttm-eps 10.5 sen
Price $0.895
PE =8.5x



Since 2010, Padini has done very well.
In 2010 and 2011, it was a growth stock available at an undemanding price (trailing PE < 10).
Over the years, it has grown its earnings and its PE too has expanded, rewarding its shareholders handsomely, in dividends and capital appreciations.

An example of GARP (buying a growth company at reasonable price).


>>>
i3lurker I remembered 3iii told me its a good stock Padini when it was RM1.00 few years back.

its still above RM1.00 today
==================================
Posted by 3iii > Dec 7, 2018 12:20 PM | Report Abuse
Integrity is still a big issue with my friend.
07/12/2018 12:25<<<
07/12/2018 13:09
Tongkarat Aiyoooooooooooooooooooo...
07/12/2018 15:52
Fam Jenny I also switched band to another band bcos some reasons.Recently my car went out of petrol I used a 4 litres bottle to buy petrol from a petrol station of another band.But I have to pay 5.33 litres of petrol to fill up a 4 litre bottle.This meant the petrol station had cheated us by using a manipulated meter to charge us more than the actual volume dispensed to us.
Hope the authorities would send people to check on all petrol stations.
07/12/2018 17:57
deMusangking Funnyjeannie, u r a born loser!!!!
in bursa, u lost ur pantees
in petrol, u buy but get water!!!

hahaha
07/12/2018 18:00
Fam Jenny Demusangking,you always speak out of context,your brain is empty,ha,ha,lack reasoning power.
07/12/2018 19:33
qqq3 u got someone willing to wag it up....then no need dividends......
07/12/2018 21:24
lizi wag it up for you to make money ah?
07/12/2018 21:27
qqq3 u never know.....last time got 1 group...next time another group.
07/12/2018 21:29
Alex™ Drop by to greet happy cny and huat 2019 :)

Make sure reserve some cash for angpow ya
08/12/2018 09:36
warren buntut last year this time hengyuan was trading at 10-12 he he. hope you all remember the good memory
09/12/2018 23:38
deMusangking aiyah!!! so i remember!!! but all my gains alredi used for ahmoiing lah!!!!!

haha
10/12/2018 11:21
ccmeow Hengyuan @ 4.93 is cheap enough to collect . Today , I will put my purchase from 4.90 to 4.80, one at a time. Hope some panic sellers will throw . I love bear Market !
11/12/2018 01:57
JP1952 Still too high to collect. Coming down to 4.50 very soon, be patient!
11/12/2018 07:56
Sugarsugar 2 better, wait a little longer, 4.50 still very hi....
11/12/2018 10:34
Tongkarat Lethargic...
11/12/2018 12:48
densim any update on Crack Spread movement for last Qtr...?...
12/12/2018 12:44
Depeche Year end window dressing is near... how will HY fare this year?
12/12/2018 13:36


 

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